Do you guys think 0.1BTC is enough to "make it"?

[romero121]

In the past it was all about one in a million, later things have changed due to the incredible growth and the increased adoption of bitcoin. If this question has been asked almost ten years back, maybe now you could've been made your mansion. Now too, this isn't bad time. You need to be lucky enough to make good profit. If you've got 0.1BTC then hold for it or try investing on low price altcoins after DYOR. Maybe you could own a mansion soon or later.

[Natalim]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

And do you think that it was enough? No, and you can't stop people from owning a lot if they want to or that they have the capacity to buy more. And the fact that not all are able to understand crypto, it simply they don't get an interest of owning this. 

Do you think 0.1BTC will be like owning a mansion?

Forget about the mansion, I'd rather put that money in a small and comfortable house as I know that amount is not enough, though. Maybe if you hold 1 full BTC...

[peter0425]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

When that time comes? it is not only Bitcoin that will be named in Holding and cryptocurrencies , surely before that 21million bitcoin being mined there are names of currencies that will explore and will be used by many of us.

actually in our time now we can see that there are blooming cryptos and getting closer to the top, means why need to focus only in bitcoin if other altcoins will be adopted by many?

[cryptomaniac_xxx]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

I think your premise in the beginning is flawed, that could be the supply vs global population, but you have to take into account when is the last bitcoin going to be mine? Technically it will be 2140 +/- so that's a long way to go to have that kind of mindset. So it's better to accumulate as much as you can before even dreaming of having a mansion in n the future.

Do you think 0.1BTC will be like owning a mansion?

Again, as I have said, it's better to just accumulate and not just stop on some numbers because you did some math and you think it is right.

[Darker45]

Why are people too focused on the mansion? LOL. I don't think OP is referring to a literal mansion here.

By mentioning mansion, he/she probably refers to 0.1BTC possibly becoming a considerable wealth in the future. And I say, it is very possible. Of course, it depends on how Bitcoin would fare in the next decades, how adoption would pan out in the midst of government regulations, how commerce would treat Bitcoin, and so on.

If things turn out well, 0.1BTC might indeed become a significant fortune in the future. But it might take a few decades. Your children and grandchildren might be the ones who will enjoy it more. But it's worth it.

[yazher]

If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.

Yeah, the price varies in which country you are residing and in some places, that price doesn't really matter to them considering the current price today. However, if we are talking about the future where the population has already increased and so has the price of bitcoins, then that would be possible. In my country right now, you can only buy a chunk of land where you can build a small house. That's why we also need to consider that the price will rise in the future in order for that to happen.

[Bttzed03]

If you are targeting 0.1 BTC right now, you might consider putting a small portion of your budget (10% or below) into other cryptocurrencies to help you build that mansion faster. It's an unpopular opinion and definitely a higher risk move but it's a fact that many alts have outperformed BTC since last year.The market, as it is now, is shifting to the latest trend which is Metaverse and you could make good money if you play it right. It's crazy to think that a 0.01 BTC could turn into 1 BTC in a matter of months. If you're going to take that approach, make sure you understand the higher volatility in altcoins and you read/research before you buy.

[RiskySanchez]

If you think 0.1 BTC can make the mansion you are wrong because 1 BTC still hasn't reached 1 billion USD because every property development requires high costs because property prices always increase as well as crypto market prices. but I wonder why the target has to be mansion if there are other better options or HODL BTC to reach the price of 1 billion/1 BTC for to make the mansion

[rodskee]

If you think 0.1 BTC can make the mansion you are wrong because 1 BTC still hasn't reached 1 billion USD because every property development requires high costs because property prices always increase as well as crypto market prices. but I wonder why the target has to be mansion if there are other better options or HODL BTC to reach the price of 1 billion/1 BTC for to make the mansion

OP's question is generally long term and not today , do you really understand the post? upon  mining the 21 million coins meaning this is more than 20 or more years from now and even if bitcoin won't rich a Billion dollar value yet this 0.1BTC will be enough to buy a Mansion in small country of course not in Vegas lol.
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Maybe in 10-20 years even if that 0.1 bitcoin cant buy a mansion yet that will be a highly valued currency to keep.

[wajik-tempe]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

It depends on when the time is, 0.1BTC right now is nothing to own a mansion but it could be happen in 20 years if the blockchain and crypto space keeps evolving like it used to before and bitcoin still a father of all cryptocurrency.
But i worried that there will be a coin that able to replace BTC in those time interval because there are so many people are developing new coins and new system right now.

[xSkylarx]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

It depends on when the time is, 0.1BTC right now is nothing to own a mansion but it could be happen in 20 years if the blockchain and crypto space keeps evolving like it used to before and bitcoin still a father of all cryptocurrency.
But i worried that there will be a coin that able to replace BTC in those time interval because there are so many people are developing new coins and new system right now.

That is correct; however, a few years ago, I thought that kind of price for bitcoin was a little low, but now it is extremely high. I recall earning that amount of bitcoin back in 2016, but I was more inclined to spend it rather than save it. Right now, that price is so high that it could buy you something if you had that amount. But in terms of owning a mansion, I don't think so because the price was too low. A mansion would be huge and would include a lot of expensive items, but if we're talking about a simple house, I believe it is possible to own one.

[lienfaye]

Do you think 0.1BTC will be like owning a mansion?

If we're going to look back on the price of bitcoin few years ago, the price increased like we have never imagine and realized if only we buy during those times probably we are rich by now. That being said, its possible to own a mansion by having 0.1 BTC but if you're only willing to hold for long period until the price is high enough to afford buying a mansion. Plus it also depends from where you live because there are places that has cheap houses compared to living in cities.

[yhiaali3]

Very possible, if one day Bitcoin achieves the surprise and reaches 1 million dollars, 0.1BTC will be enough for many people to own a mansion in their town, but of course this varies from country to country because prices are very different, also do not forget that real estate prices vary a lot over time For example, a house that cost 10k$ ten years ago is now 100k$, so it might be worth a million dollars after ten years!!!
But who wants a palace anyway? A nice house in a quiet area and some money is enough for me to have fun!!! I prefer beautiful nature over luxurious mansions.

[TheUltraElite]

Considering the supply vs global population = 0.003BTC per person to go around.

Do you think 0.1BTC will be like owning a mansion?

The big flaw you are making is comparing BTC to fiat. Because we use fiat as the basis of comparing all assets we tend to make this mistake, so your are not at fault.

Today you can sell 0.1BTC and get a certain amount of USD but tomorrow that same 0.1BTC might give you a different amount of USD. What remained constant is the BTC you sold. So if a land price is fixed at 0.1BTC and not in fiat price, this comparison will stop.

Using BTC as the price of things is not a common thing yet. If you ask me, I consider collecting more BTC everyday as a wise thing to do because it is deflationary. How you wish to spend it on houses, cars or so will depend on its fiat price and that will change with time. Even if house prices would be shown in BTC, they will always have fiat option to it. Just 0.1BTC might not seem sufficient then.

[KaliLinux]

Considering the supply vs global population = 0.003BTC per person to go around.

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

Do you think 0.1BTC will be like owning a mansion?

First, of all, I don't think it was meant to go round even if the whole of Bitcoin were to be in circulation without lost wallets. Secondly, what the worth of the same amount of Bitcoin was years back is not what it is now, ask the Pizza Guy. So, 0.1BTC in years to come would probably or even most definitely be worth more than 0.5BTC today looking at BTC price history and as some have already mentioned, BTC is still valued against the USD and considering the value of USD against other currencies around the world, owning 0.1BTC might just be that.

[davis196]

Even if the Bitcoin price hits 1 million dollars(which is impossible) 0.1 BTC will be like 100K USD.
Good luck trying to buy a mansion with 100K USD.
Having a mansion is more like having a liability rather than owning an asset.More expenses and no income.
Do you know how much it costs to maintain a mansion?You would get bankrupt in no time and you will have to sell that piece of crap.
Why the hell do you need a mansion?To impress girls?Hahaha. Just buy a sports car.
0.1 BTC isn't enough to "make it".0.1 BTC isn't enough to live a rich lifestyle,sipping margaritas on a tropic island surrounded by hot girls.This is simply delusional.

[bL4nkcode]

Do you think 0.1BTC will be like owning a mansion?

No, even bitcoin reaches to 200k or another hundred thousands, it's not enough for a mansion.

Average cost of a mansion is $3M but depends on the place you're residing, so you have to wait until bitcoin reaches $30M. But investing on other assets aside from holding bitcoin will bring you 1 step ahead to that goal.

[kotajikikox]

Considering the supply vs global population = 0.003BTC per person to go around.

Please share the link where did you get this ratio? 0.003BTC per person around the world?

Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.

indeed , 21 million will never come to reality now and i believe that there will be at least 13-16 million bitcoin that may exist in totality .

Do you think 0.1BTC will be like owning a mansion?

Really? a Mansion ? of all the things in the world?

[Alisha-k]

With BITCOIN'S present value, that may be slightly impossible in almost all part of the world, but because we are optimistic about the growth in value of bitcoin, someday I want to believe it may rise up to that standard perhaps not to purchase the mansion in all part of the world but in most parts of the world....

As Bitcoin increases in value, so is the economy getting developed on a daily so definitely the price of things would not be the same waiting for BTC to increase.

[Issa56]

Seriously I believe if you can hold 0.1 bitcoin for longer period of time I believe is enough to make it and depending on your country I believe if bitcoin hit  around $54000 which is said by @Oshosondy which 0.1btc will be around $5400 then I believe depending on the country you are from that will determine if the amount will be sufficient for you and also depending on your standard. Some people don't really need much to be financial okay why some people need alot of money.