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Author Topic: How much bitcoin do you need now to be a millionaire?  (Read 2925 times)
anhhung409
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August 12, 2017, 05:12:23 PM
 #81

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 

It is unbelievable that Bitcoin will reach 100k coins. It will never happen. At present the 3k coin was too big and I believe it will continue to grow. But 100k coins are too big, just because you own several BTC units, you have become a millionaire.

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August 12, 2017, 05:26:34 PM
 #82

100 bitcoin or more. If you want to become a millionaire, 100 bitcoins is the minimum requirement. Try to earn more money and buy bitcoin because in the future it will surpass $10000. Bitcoin is great and more investors are coming to the town

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brobbel
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August 12, 2017, 05:29:25 PM
 #83

To be a millionaire you need at least one million.

Because this is a bitcoin related forum, and not for fiat, the answer is plain and simple: one million bitcoins.

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August 12, 2017, 05:44:03 PM
 #84

I don't want to be a millionaire but i want to be owner of 50 Bitcoin. I just need more 45 Bitcoin in my pocket. Don't aware much time it will take, but i will do hard work for it. I also believe that 50 BTC will be worth of 5 million after few years.so i don't need to be panic now.just dis hard work and hold them until reach my goal.just need pray and pray for me.

And pray for me)
My goal is to collect 100 bitcoins. I have already set myself this goal for a long time and I am confident that I will achieve it. This will make me a millionaire in three years

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August 12, 2017, 09:09:36 PM
 #85

A million, duh!  Grin Grin 1 million bitcoins = a millionaire, does it not?
This question is too easy OP, you need to try harder! I can't believe this evolved into a thread with over 40 answers... What's there to talk about?

Before you ask me about USD price I'll answer. Why should I care? I haven't owned a single dollar in my life and even if I had some I wouldn't find a single store accepting it in range of 2000 km Cheesy

Mpamaegbu
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August 15, 2017, 01:57:29 AM
 #86

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this...


Quite interesting that you tried to capture an illusive scenario. However, you didn't specify what amount of fiat one can have to become a millionaire. Is someone having just a million of his local currency considered a millionaire? Two? 10? Come on dude, this isn't easy to tell.

For example, with Bitcoin at $4000, I only need just a Bitcoin to enter the million threshold in my country because that will be around 1.4million. Nevertheless that won't make me a millionaire because it's still money I can spend within a month without realising or remembering what I spent it on.

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gaj ahmada
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August 15, 2017, 02:56:35 AM
 #87

Looking at the currency exchange in my country with USD and bitcoin prices , with just 10 coins I can be a billionaire, with 10 coins I can invest something in this country and most importantly life feels comfortable with such big coins. Because the cost of living in my country is still far from luxurious . that's my assumption.
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August 15, 2017, 03:11:40 AM
 #88

If we look at the current Bitcoin price of 4,000 USD we need more than 10 bitcoins to become millionaires, but if the bitcoin price prediction reaches 100k USD, do not close the possibility only with 5 bitcoin we can become a millionaire. But to get 10 bitcoin with the current price will be very difficult if we rely on bounty without trader or investment.
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January 09, 2018, 08:32:25 PM
 #89

First, you need to answer: when do you want to become a Bitcoin millionaire?

If it is in a year or so, you will surely need a few tens of it. However, as time passes, if the price of Bitcoin continues to rise, you will need much less than that.
cryptodevs
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January 09, 2018, 08:39:03 PM
 #90

Approximately 70 BTCs you can live your live into a wealthy way,but i wont stop earning BTCs in the future if i were you.
Rrtt
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January 09, 2018, 09:06:49 PM
 #91

It is just 10 bitcoin and life is comfortable already. How i wish i could own that much bitcoin someday.
superjeyy
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January 09, 2018, 09:33:14 PM
 #92

Right now, I only have a fraction of a Bitcoin which makes me far from being a millionaire considering that the rates have been very low lately compared to the past month. Although far from being a millionaire, I've always said that in investing In Bitcoin, you have a certain goal to achieve and for mine is to have enough to live sufficiently and comfortably. So I guess in the future, having 10 would be more than enough. I still have a long way to go but I know it will all be worth it.
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January 09, 2018, 09:36:12 PM
 #93

At the beginning of this thread the price of 100k for one Bitcoin was big. Now after a 20k checkpoint, 100k is very possible in 2018.
From 15k  where is it now to 100k is just x6.666.
saycryptohello
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January 09, 2018, 10:04:07 PM
 #94

Are there optimists here who believe analysts who predict the cost of bitcoin at around 1 million $? Respectively, that would be a millionaire you should have 1 Bitcoin Smiley
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January 09, 2018, 10:24:15 PM
 #95

First, you need to answer: when do you want to become a Bitcoin millionaire?

If it is in a year or so, you will surely need a few tens of it. However, as time passes, if the price of Bitcoin continues to rise, you will need much less than that.
It will take long time, more effort, and hardwork to become a millionaire. You have to be wise when it comes on budgeting of money because you spend also from it. I do not need a lot of money being save. 1 btc is enough to place in wallet because it will grow more in the future as well. I am looking to have a simple life having comfortable home and financial freedom.

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January 09, 2018, 10:39:54 PM
 #96

As much as possible want to have bitcoin because the price must increase from year to year but for now the price is decreasing.
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January 09, 2018, 10:43:51 PM
 #97

I think 1BTC for along run it should be kept on your cold storage. Bitcoin will go up eventually just to be sure let the others buy their own btc. I am so happy that the cryptocurrency is getting popular..
spinach98
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January 09, 2018, 10:47:56 PM
 #98

It will take aroung 80 bitcoin to be a millionaire but it is really not easy to achieve because it really takes time to earn that huge amount.But I wont give up of earning bitcoin and I will really work hard and I dont care if I will get old in earning bitcoin but I will never stop on earning bitcoin because I believe that bitcoin will give me a better and brighter future.
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January 09, 2018, 10:57:33 PM
 #99

10 bitcoin for example that you have possible you become rich once bitcoin reach like $100,000 this is possible to happen but the percentage to happen this is very low and possible also ae cant see the price become like that.  I believe the highest price is like that.  As of now the price of the bitcoin is near at 15,000 dollars and I think you need only 80-90 bitcoin to become rich.  For sure most of the people have a lot of bitcoin are now rich because they have patient to hold their bitcoin for few years and I hope also Im become rich in the next few years of doing crypto business.
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January 09, 2018, 11:00:22 PM
Last edit: January 10, 2018, 03:49:47 AM by nguyenkhanhhung14
 #100

By the time I read your post, the Bitcoin exchange rate was close to $ 16,000, and just owning 100 BTC was almost $ 2 million, becoming a millionaire. But to earn 100BTC is not easy at all. So my point is that only 10 BTC is really satisfied with myself, becoming the millionaire will be attracted, personal life will be greatly affected.

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