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tn211
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December 08, 2015, 10:23:05 AM |
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I think you need more than 1000 btc,
yeah maybe it sound like a lot but in 20 years i think btc price will around 1000$
And if you do calculate the inflation rate, i think that number should be enough for normal living
We might see $1000 in the next 12-24 months. If Bitcoin will be $1000 in 20 years I can tell you that this experiment has failed! In 2 decades I expect at least 5 figures! Furthermore how much coins you will need to retire also depends from where do you live, what kind of lifestyle your prefer and a few things more. Therefore it will be very distinct how much coins someone will need to have a good and enjoyable life. with 5 figures in price in 20 years i would be great to have at least 10, but with 100 would be great retirement but 5 figures is a hard achievement for bitcoin in my opinion, somewhat impossible That might be true that is a hard achievement, but it is not impossible. I am just happy that bitcoin can be 5.000 dollars with in 20 years. That would be a high achievement for bitcoin. If bitcoin the highest is 5.000 dollars and the end and it is stable than I would be happy with that. we are only speculating for price any would be fine but realistically for 20 year who knows what would be price Yes we are just speculating, but yeah you never know what bitcoin price will be in 20 years. It is true that people well just be happy if is more than 1000 dollars. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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italianobitcoin
Sr. Member
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Activity: 370
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Forza Italia
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December 08, 2015, 12:59:58 PM |
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I think around 100 bitcoins. It also depends on what kind of lifestyle you'll be living. Depending on that and what the value of bitcoin is right now, you can calculate an estimate of how much you'll need.
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Most
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December 08, 2015, 01:02:07 PM |
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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.
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InsideBjorn
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December 08, 2015, 01:04:27 PM |
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all depends on the price of bitcoin how much you need to 20 years later. if the price of $1000 bitcoin might 100btc also feasible. but if under $1000, at least you need 500-1000btc
Well I hope more than 2500 dollars. I can't just afford to have so much bitcoin 500BTC is for my to risky to have it. I will just buy little amount and for now I want 50BTC as max. |
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zodiac3011
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December 08, 2015, 01:07:50 PM |
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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.
we just want to discuss things around so what's your opinion instead of talking trash around |
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jt byte
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December 08, 2015, 02:00:53 PM |
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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.
we just want to discuss things around so what's your opinion instead of talking trash around Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years. Is like speculation about it that what the price well be in 20 years. Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc... |
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zodiac3011
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December 08, 2015, 02:23:24 PM |
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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.
we just want to discuss things around so what's your opinion instead of talking trash around Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years. Is like speculation about it that what the price well be in 20 years. Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc... the point is 100BTC is possible if the bitcoin price is 2000-3000 and you live somewhere the cost of living is cheap  |
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tn211
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December 08, 2015, 03:22:45 PM |
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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.
we just want to discuss things around so what's your opinion instead of talking trash around Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years. Is like speculation about it that what the price well be in 20 years. Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc... the point is 100BTC is possible if the bitcoin price is 2000-3000 and you live somewhere the cost of living is cheap I wish I live some where that you just need 100 dollar to survive,. Like some asian countrys that just live with only 100 dollars. |
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ThunderThomas
Full Member
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fastdice.com The Worlds Fastest Bitcoin Dice
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December 08, 2015, 03:39:10 PM |
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Well if you want to retire collect so much bitcoins as you can and work hard.
Like the old people did it.
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dinda22
Legendary
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Activity: 1232
Merit: 1000
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December 08, 2015, 03:44:58 PM |
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all depends on the price of bitcoin how much you need to 20 years later. if the price of $1000 bitcoin might 100btc also feasible. but if under $1000, at least you need 500-1000btc
Well I hope more than 2500 dollars. I can't just afford to have so much bitcoin 500BTC is for my to risky to have it. I will just buy little amount and for now I want 50BTC as max. ya if the bitcoin price reaches 2500 dollars, 50 BTC pretty decent. I only need a smaller like 10 BTC but the price bitcoin can reach $5000 |
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virtualx
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December 08, 2015, 06:29:33 PM |
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This is hard to predict as we don't know the bitcoin price in 20 years. It may well be that 1 bitcoin is enough, depending on the price rise. Perhaps wel'l have a day where you can buy a nice meal for 100 satoshis  |
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BE A MOON VISITOR! |
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MaritiJames3
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December 08, 2015, 09:45:10 PM |
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Try to safe a lot of those coins. A rise is likely to happen, but will be 1k (which is still a lot) or 20k?). My best guess would be somewhere in between. So saving around 100 bitcoins would make you a potential millionare.
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knowhow
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December 08, 2015, 11:58:50 PM |
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I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
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turkandjaydee
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December 09, 2015, 12:12:03 AM |
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I have 2 BTC stored in a paper wallet and im saving it in my "safe".
Just store as many as you can lose.
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Amph
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December 09, 2015, 08:03:56 AM
Last edit: December 12, 2015, 07:50:21 AM by Amph |
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I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
well 1k bitcoin can easily, turn you millionaire, right now you would already have a nice 420k, with 1k per price you are owning 1 million already and there are many that own that amount among the rich list |
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dinda22
Legendary
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Activity: 1232
Merit: 1000
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December 09, 2015, 09:17:20 AM |
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This is hard to predict as we don't know the bitcoin price in 20 years. It may well be that 1 bitcoin is enough, depending on the price rise. Perhaps wel'l have a day where you can buy a nice meal for 100 satoshis yes this is difficult and no one can predict the next 20 years, could be have been bitcoin the next 20 years no longer exists. but I hope bitcoin live forever  |
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justspare
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December 09, 2015, 09:46:14 AM |
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At the rate Bitcoin is already growing. Around 5 Bitcoin to be on the safe side.
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azguard
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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December 09, 2015, 11:29:11 AM |
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At the rate Bitcoin is already growing. Around 5 Bitcoin to be on the safe side.
not just five it how much you want to have when you retire if just 5 is good then ok if not i personally prefer more 25 or so to keep it on safe |
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Mickeyb
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December 09, 2015, 01:25:46 PM |
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I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
I don't agree with you my friend. Bitcoin has already made many millionaires and it will make even more millionaires in the future! We have just started here! I strongly believe in this! |
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zodiac3011
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December 09, 2015, 01:32:05 PM |
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I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.
well you should check the bitcoin price right now. Assume that you have 1000 bitcoins, you are owning 1000*420=420000 US dollars, nearly half a million already my friend! why can you be so sure? if you work hard that number is not far away |
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