How many bitcoin is enough?

[carlfebz2]

In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country.  In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency.  In a situation where the world is split, Bitcoin will flourish. 

Mankind needs world money, it needs a standard of value.  Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other.  And Bitcoin is simply designed to operate in a trustless environment. 

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.

Lets put up some link about Chinas digital Yuan.

https://www.adb.org/publications/the-peoples-republic-of-chinas-digital-yuan-its-environment-design-and-implications
https://www.cnbc.com/2022/01/11/china-digital-yuan-pboc-to-expand-e-cny-use-but-challenges-remain.html

Totally different on what we are aiming in speaking about decentralization and with just seeing into its features you could really see the differences.

[Pejoh Asu]

The current bitcoin price is around $40k, and the market trend is still red and makes us have to be patient, for me if I have 150 btc or $6 million then it has made me enough and can do many things, especially starting my own business and being able to employ many people. Of course to have 150 btc is difficult and i will hold bitcoin for long term.

[Zilon]

Keep accumulating, I don't have a set target all I do is ensure at every point in time I have Bitcoin reserve in my wallet. Even if I hit 1 Bitcoin it won't still be enough I will still have the hunger to acquire more and more coin. To save me from the pressure that comes with competition I just save at my own pace

[Joshapat]

I also don't have a specific target or limit with the number of bitcoins I have, besides that altcoins are investments that I think are also good and promising because we can get opportunities for large and short-term profits by investing in altcoins.

[Smartprofit]

In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country.  In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency.  In a situation where the world is split, Bitcoin will flourish. 

Mankind needs world money, it needs a standard of value.  Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other.  And Bitcoin is simply designed to operate in a trustless environment. 

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.

Right now, we don't know for sure if Chinese people use Bitcoin or not?  Is there a black (or gray) market for bitcoin trading in China? 

In any case, China is a country with a special mentality.  In China, the state completely dominates the citizens of China, everything is subject to the declared plans of the state. 

This is not the case in other countries.  In other countries, citizens either have more personal rights and freedoms or are able to circumvent laws and regulations. 

Yes, I agree that CBDC has many disadvantages compared to Bitcoin.  That is why (in my opinion) Bitcoin will not disappear and will be accepted as the world's reserve currency.  CBDC cannot be the world's reserve currency, as it is under the full control of the state. 

The financial system needs a standard of money, and this is Bitcoin.

[Paul Pogba]

If the current bitcoin price is around $41k and i want to retire and be able to survive for at least 20 years then i need around 100 btc, of course assuming inflation is not more than 10% per year and there is an increase in bitcoin price around 15% per year, of course not no one knows about the future but i use current calculations.

[Xal0lex]

Totally different on what we are aiming in speaking about decentralization and with just seeing into its features you could really see the differences.

CBDC has never hinted at centralization, especially when we talk about central bank products. CBDCs want their niche in digital currencies and payments, but they cannot compete on an equal footing with real cryptocurrencies. Why do I need CBDC when I can pay for everything with bitcoin? The only way to get people to start using CBDC en masse is to ban bitcoin and other cryptocurrencies, thereby establishing complete control and monopoly in the digital world.

[Rupok]

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.

What do you mean.It's not enough everyone.You can yarn more and more mony and get to rich.Invest a huge amount, it's all depend on your invest.Right now bitcoin price is around $41k.if you think its price a not huge amount for you then you buy double.The crypto system needs a standard of money,so you have a big amount you buy some bitcoin.But your need to more knowledge about bitcoin.i think very soon bitcoin probability get to a million dollars.
 

[Hamphser]

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.

What do you mean.It's not enough everyone.You can yarn more and more mony and get to rich.Invest a huge amount, it's all depend on your invest.Right now bitcoin price is around $41k.if you think its price a not huge amount for you then you buy double.The crypto system needs a standard of money,so you have a big amount you buy some bitcoin.But your need to more knowledge about bitcoin.i think very soon bitcoin probability get to a million dollars.
 

Investment decision would really be depending or varying on someones preference or goal or target because each person are totally different in terms of mindset. How much bitcoin would be enough?

As much as we could which is a normal for a human being to aim for since we know that more the better kind of aspect that we do follow in life.Speaking with investment targets then
it would vary, some would be thinking for long term and some would be thinking for short term engagement to see profits in a shorter time frame.

[laredo7mm]

See 2010 1 bitcoin price and now 1 bitcoin . so you can understant how much worth if we have now 1 bitcoin . but if we have 1 bitcoin at the time of 2010 so we cant do huge think with that, but now we can do. so in future will be same 2022 1 btc 20k 2026 1 btc 200k it can happen. its not impossible for bitcoin. so if we buy 1 now it can make me rich fure also it can valuless but chance is 1% You can never have enough BTC.No bitcoin can be enough or reach to humans satisfaction,.With that I can say there is nothing you can say enough is enough.cryptocurrency especially bitcoin, it's obvious that everyone wants to keep on having bitcoin till infinity because no one knows what the price might get up to in future.Keep accumulating if you can.

[minime0105]

From what I understand in cryptocurrency no amount of cryptocurrency or Bitcoin you have that is enough or certain for you. I believe that cryptocurrency having it in your jurisdiction it's what every person tends to have because of its value approach off inclement even though you have up to ten Bitcoin or twenty Bitcoin you will not value it but you will feel to have more of Bitcoin so therefore nobody want to have a little Bitcoin because it is an asset

[harapan]

How many bitcoin is enough you say? I think people would have different answers or opinions on how many bitcoin is enough. I think the question is also related to the question “how much money is enough”? People. Would have different opinions and answers to that also.
But with bitcoin and in my opinion, it’s safe and wise if i might add to accumulate as much as you can while you can. 1 Bitcoin remains 1 bitcoin in the next 20 years. I would also say to safely and not be greedy in our quest to accumulate and hold bitcoin.

[stomachgrowls]

How many bitcoin is enough you say? I think people would have different answers or opinions on how many bitcoin is enough. I think the question is also related to the question “how much money is enough”? People. Would have different opinions and answers to that also.
But with bitcoin and in my opinion, it’s safe and wise if i might add to accumulate as much as you can while you can. 1 Bitcoin remains 1 bitcoin in the next 20 years. I would also say to safely and not be greedy in our quest to accumulate and hold bitcoin.

There would be no enough coins on which people will really be filling that contentment because all of us would really get as much as we could because we are naturally greedy.

No enough numbers would make use out contented thats why the answer would really be that obvious because we do love to accumulate lots because we do want to get rich.Right?

We do already know its potential thats why the more coins we do have the more chances on making ourselves rich.We know it cant just be possible unless if you are a whale
where you can accumulate as much as you could or as long your funds or money permits you.