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Author Topic: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025  (Read 2011 times)
Ctn
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April 15, 2018, 05:18:31 PM
 #21

So its like almost numerous personalities out there are making buzz about the crypto currency and specially about the bitcoin in all positive way. But I do realise that they are just making buzz and not trying to accept the change at all. Many famous public figures have denoted the bitcoin presence and that affects the bitcoin movement suddenly. However, the scenes like yours one where different CEO's like Twitter, NVIDIA etc made the comment then nothing really happened. So this bull-bearish things are very competitive and depends mostly on the people and how they perceive it really. About your token list: Its unique and its not the one which people will roll over here and there all the time. Polymath and COSS coin make difference in your list as compared to others for sure.
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April 20, 2018, 10:13:17 AM
 #22

What determines the price of Bitcoin and other cryptocurrencies is the rate if demand from the people and the rate of supply right? So if I’m right, you’re calculating this on your belief that so many people will be into Bitcoin by the year 2025? What if it happens not to be the way you’re believing it would be? What if it happens that so many quits then or maybe the rate of demand remains as it is now? Then that means it won’t accomplish that.

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April 20, 2018, 01:51:29 PM
 #23

The price falls and ups are unpredictable, the minimal price is also unknown so look at the charts and when you see that price is acceptable, then don’t doubt and purchase a small number and hold in your wallet.
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April 20, 2018, 02:10:52 PM
 #24

I do not exclude the fact that the price of bitcoin can rise to such a level. But the problem is that the great increase in the popularity of bitcoin can collapse the dollar price. Maybe in 2025, everyone will be millionaires. But for a million dollars you can buy a bottle of whiskey to celebrate such an event.

 
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April 20, 2018, 03:07:00 PM
 #25

I do not exclude the fact that the price of bitcoin can rise to such a level. But the problem is that the great increase in the popularity of bitcoin can collapse the dollar price. Maybe in 2025, everyone will be millionaires. But for a million dollars you can buy a bottle of whiskey to celebrate such an event.
This , money is all relative when if the inflation isn't the same. You see this in the dollar already, that the average Joe lost a lot of buying power in the last 30 years or so. Bitcoin should stop a part of this with the fixed supply.

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April 20, 2018, 03:21:27 PM
 #26

That prediction is extremely rough. There is a number of pleasant for bitcoin factors, indeed, which indicate that it will continue growing in the long run, but you cannot predict the scale of that growth anyway as it depends on a myriad of factors.

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April 20, 2018, 03:23:43 PM
 #27

If you invest $5000 in altcoins you can be millionaire before 2025 but if you invest in btc you may not be millionaire but you make at least 20x

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April 20, 2018, 03:26:23 PM
 #28

I do not exclude the fact that the price of bitcoin can rise to such a level. But the problem is that the great increase in the popularity of bitcoin can collapse the dollar price. Maybe in 2025, everyone will be millionaires. But for a million dollars you can buy a bottle of whiskey to celebrate such an event.
Nice outlook on this subject mate,thats the baddest thing could happen when the price of bitcoin grows bigger than what is meant for him..thats whybfor me $25-50,000 is enough for bitcoin until all the coins mined..because in this case the altcoins may have a change to grow on their own ways,without the interference of bitcoin price
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May 14, 2018, 03:48:43 PM
 #29

When other cryptos will create sufficient number of transactions, it will become money-making and you can translate crypto currency to paper money and back anytime you want.
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May 17, 2018, 08:14:56 AM
 #30

When other cryptos will create sufficient number of transactions, it will become money-making and you can translate crypto currency to paper money and back anytime you want.
This technology can come later. You can’t just do it right now. Reason is, bitcoins are not that much implemented throughout the world. Whenever some global system is to be established, it has to be make sure that that element must have been reached to every single coroner of this world. While bitcoins are now in developing stage and we have to wait and see what would happen.
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May 17, 2018, 08:52:06 AM
 #31

I have been hearing this ETH/altcoin crap will take over BTC for a while now. Aint gonna happen in short term. BTC is still the leader of the pack with the most proven technology and with new innovations coming (lightning network etc.). The founder of ETH doesn't show a lot of vision from my pov; he even questioned the future of ETH.
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May 17, 2018, 09:59:29 AM
 #32

if the person investing bitcoin with $ 5000 will become a millionaire means in the future the price will burst again and soar. whatever makes the price will be that way, obviously we are investing in over $ 5000 will be more than millionaires.
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May 17, 2018, 10:51:33 AM
 #33

Title say that 5000$ invested in BTC can make you millionaire 7 years for now, and that means if you buy today 5000$ worth of BTC which is 0.60 BTC - that amount should be worth million $ by 2025? I do not think it makes sense, it is just too high and above all realistic expectations.

On the other hand I check list of all altocins OP is posted and all of them are worth more then in time is posted. So maybe if 5000$ are invested in some very low price altcoins today and some of that coins survive and success there is a chance that someone becomes a millionaire. If we go 7 years in past and see price of BTC then compared to today it look like this : 1BTC was only 0.30$ so investment of only 100$ gives you 333 BTC which is worth today 2 760 000 $ - you will be millionaire even if you invest less then 50$.

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May 17, 2018, 05:29:07 PM
 #34

The value falls and ups are flighty, the negligible cost is additionally obscure so take a gander at the diagrams and when you see that cost is adequate, at that point don't uncertainty and buy a modest number and hold in your wallet.
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May 17, 2018, 06:48:27 PM
 #35

if the person investing bitcoin with $ 5000 will become a millionaire means in the future the price will burst again and soar. whatever makes the price will be that way, obviously we are investing in over $ 5000 will be more than millionaires.
In order to become a millionaire by investing only 5000 in bitcoin you will need a growth of 200 times in order to barely become a millionaire and that is supposed to happen in seven years, to me that is incredibly unlikely, however if you were to invest those 5000 in other altcoins and those altcoins went up significantly and then you bought back bitcoin then the possibility of becoming a millionaire with that starting capital will not be as low.
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May 17, 2018, 07:10:39 PM
 #36

There is no guarantee on crytos. But, is not a bad idea to start with a decent amount like $5000.
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May 17, 2018, 07:31:27 PM
 #37

There is no guarantee on crytos. But, is not a bad idea to start with a decent amount like $5000.
There is no guarantee how much price we would have but one thing is for sure that due to the demand increases the value of it will definitely increase as the day is passing by and it is for sure.
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May 17, 2018, 07:43:11 PM
 #38

Wow, it looks really interesting. I think you can be right if all with go with the plan. It will be really nice.

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May 17, 2018, 08:02:56 PM
 #39

Good afternoon, this post will express some of my personal views and of other people more qualified, and I will add some news that backup my view  Grin Grin


As of this moment, according to coinmarketcap.com, bitcoin is valued at 6900$ (around 66% devaluation from the 20,000$ peak) and Ethereum 380$. Worst estimates place it around 6,000$ in the next days/weeks. The markets in Japan are watching closely the BTC price and buying up at the lows as Bitcoin is quite useful in the country.

As Abra CEO Bill Barhydt stated “I talk to hedge funds, high net worth individuals, even commodity speculators. They look at the volatility in the crypto markets and they see it as a huge opportunity. Once that happens, all hell will break loose.” He said that these spikes were fueled by asian markets and we are yet to see western money enter this market (which may happen any moment). Many CEO's from western companies have announced only positive news for blockchain: Twitter CEO said Bitcoin can be the future currency, R3 Consortium has only released good news regarding their tests, Ripple had a crazy year so far as far as partnerships announced, Intel filed a patent for a device that improves cost/eficient of bitcoin mining by 35% (int for a future mining device in the coming months to rival the existing ones?), NVIDIA CEO too said that "(...) blockchain is here to stay."

With Bitcoin leading the pack (even though Ethereum is running to overtake it maybe this year), the cryptomarket is expected, not only to rise, but to reach new records and beat new milestones in value. And with all the news mentioned above, this scenario becomes a little more realistic in the long term (that's why you hodl right?).

The next thing we need to look out aswell is the altcoin market. The next Google may already have had their ICO and we don't have our buy in (I'm going to provide a list of projects that I believe will succeed) because, unfortunately, western companies have banned ICO advertisement (Google, Facebook and Twitter). But if there's a will, there's a way. I suggest using https://desearch.com or even https://duckduckgo.com - alternative search engines to Google - to help with the research (beware of scams, please).

Why is it important to move your money between the different tokens?

Some people have noticed that money usually flows from bitcoin and the main currencies to the altcoin market, after great bitcoin valorizations. This is where the opportunity for us, investors, presents itself to be capitalized on. A good hodler that buys in the cryptomarket now and takes advantage of these fluctuations should easily become very wealthy in the course of 7 years, admitting that the cryptomarket won't crash for some crazy reason (which should be very hard at this point).

Best kind of projects?

Edward Snowden, when inquired about cryptos, answered that "(...) the most interesting are the security tokens like Zcash." Personally, there are 2 kinds of way to look at a project: it's either good, because it is the first of it's kind and therefore the price could go up accordingly with that factor and some money can be made in such window, or it's either great, and has long term prospects as it will provide some service that will be powered by blockchain, and has a great team (which is usually listed on the project website) that will guide the project the way possible. Even though agreeing with Snowden as to the best projects are about security, not to mention that blockchain was created out of the cypherpunk movement, I can't overlook the fact that blockchain can revolutionize nearly all sectors of the service industry, and, therefore, influencing both primary and secondary sectors aswell, bringing reduced costs to our lives.

My List

NagaCoin ~ 0.49$
RequestNetwork ~ 0.16$
Polymath ~0.30$
Ardor ~ 0.22$
COSS Coin ~ 0.18$
Bancor ~ 2.17$
SingularityNet ~ 0.11$
SWFTC ~ 0.008$
Blackmoon ~ 0.55$
Sirin Labs ~ 0.23$
Hicky (ICO completed recently, still not listed)

NOTE I:I highlighted my favourite ones for either long term reasons or because pays dividends
NOTE II:I did not provide the necessary links for the content I reported here but for anyone interested, a quick search will answer all questions

Good luck out there  Roll Eyes Roll Eyes

I think so its possible to be a millionaire in 2025 if you invest a $5000 dollars because bitcoin is a giant money in the future.It grows faster as the price is going higher and higher.Bitcoin is like a treasure you invest in business,will make plenty if the profit is good.
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May 17, 2018, 08:18:35 PM
 #40

There is no guarantee on crytos. But, is not a bad idea to start with a decent amount like $5000.
Most people don't have the funds to invest that amount of money, I for one can use that amount listed to make such enormous and guarantee profits but with cryptos and their high volatility, almost everything is uncertain.
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