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joinal
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January 24, 2016, 07:37:28 AM |
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That's a tough question but I would have to say 10 BTC personally
the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Dabs
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Activity: 3416
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The Concierge of Crypto
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January 24, 2016, 02:22:19 PM |
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That's a tough question but I would have to say 10 BTC personally
the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important 10 BTC is currently $4000 USD. Buy it a few hundred at a time. |
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Dux2K
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Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
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January 24, 2016, 02:27:32 PM |
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Im thinking to have at least one every year so in 20 years i could have 20 btc i have some insuarance on that
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newcoins1978
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January 24, 2016, 02:50:19 PM |
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Make it a lot. There is no guarantee the price will sky rocket.
Also make sure to diversify. Betting on just bitcoin to succeed is very dangerous.
In the end you may end of living on water and bread for retirement.
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Amph
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Activity: 3206
Merit: 1069
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January 24, 2016, 03:38:22 PM |
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That's a tough question but I would have to say 10 BTC personally
the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money |
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Rotator
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January 24, 2016, 04:17:57 PM |
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This is very interesting question,l need to think about it..Maybe 50?
10x1000
10x2000
10x10000
20 for kids.
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Dolmater
Newbie
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January 24, 2016, 09:32:28 PM |
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That's a tough question but I would have to say 10 BTC personally
the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money If we obtained 10,000 bitcoin 5 years ago, we can retire now. The same thing can be said for the now and future. For now, we need 10 bitcoin. |
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AliceWonderMiscreations
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January 24, 2016, 09:38:38 PM |
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My attempt is to get 100 bitcoins before I retire but I just want to say that not all of your retirement assets should be in bitcoin because if something happens we can't conceive of now and they become worthless, you want to have something else you can draw from.
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I hereby reserve the right to sometimes be wrong
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NamedUser
Newbie
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January 24, 2016, 09:58:54 PM
Last edit: March 06, 2016, 03:10:41 AM by NamedUser |
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Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
3. No wait 300. I'm sure it's one or the other. You decide  I would have to assume at least 3000 though. |
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futureofbitcoin
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January 25, 2016, 06:44:13 AM |
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Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?
3. No wait 300. I'm sure it's one or the other. You decide nah. More like 30 or 3,000,000. |
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Amph
Legendary
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Merit: 1069
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January 25, 2016, 07:38:48 AM |
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That's a tough question but I would have to say 10 BTC personally
the question is, whether you can get 10 BTC within 20 years, in what way will you use to get 10 BTC, it is very important you need to get those btc now if you want to reitre later, it was already said, if you wait too much then the price skyrocket and you will need much more money to have the same amount of coins, that instead you can have right now wiht less money If we obtained 10,000 bitcoin 5 years ago, we can retire now. The same thing can be said for the now and future. For now, we need 10 bitcoin. not the same thing because 10k bitcoin can make you retire at a mere 100 per coin, which is very fats to achieve, and in fact we reached it, but with 10 coin, you need 100k per coin, you need to wait plenty of time for that if it is even possible... |
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arbitrage
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January 25, 2016, 09:13:31 AM |
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You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.
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madonnino
Sr. Member
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Merit: 250
I ❤ www.LuckyB.it!
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January 25, 2016, 09:15:26 AM |
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You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.
Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional |
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blackmachinegun
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January 26, 2016, 03:38:12 AM |
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The price would have to go up very high before you can even think about retiring. So you would need a lot of Bitcoin.
yeah it definitely, you have to get bitcoin, as much as possible, you dont want in your old age your pension day feeling disappointed because just getting some bitcoin ONLY |
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Bazelak
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January 27, 2016, 08:10:41 AM |
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You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.
Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional If you bought at $1200 and sold at $200, you will lose a lot of money. The exchanges will also take most of the profits. |
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asuryan180
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January 27, 2016, 09:21:32 AM |
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You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.
Well,If the price of bitcoin goes up in the mean time then your holdings will certainly be less worthy with time otherwise you are limited to the btc/usd market which is very difficult to gain cause of highly manipulated market.Holding could be better for long time or for when you retire. |
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WhatTheGox
Legendary
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Activity: 812
Merit: 1000
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January 27, 2016, 09:34:08 AM |
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You have more chance if you trading! Then you can increase number of coins over time..
And when time comes you will have good starting point for retirement.
Trading does not mean increasing its capital, but put it at risk, for example i 90% lose when i trade my bitcoin, i'm too emotional If you bought at $1200 and sold at $200, you will lose a lot of money. The exchanges will also take most of the profits. The fees is the last thing to worry about if you did that. I should imagine only a handful of people were that stupid. If you are down 6x might aswell hold on till the bottom. |
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blackmachinegun
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January 27, 2016, 10:05:32 AM |
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I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much
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Altynbekova
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January 27, 2016, 10:22:35 AM |
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I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much
I don't think so, you need much more bitcoins to gain more profit to retire. 20 years from now bitcoin will not be the same. Its really difficult to say how the bitcoin will be in the future years that are coming. |
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ronaldo40
Legendary
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Activity: 1554
Merit: 1014
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January 27, 2016, 10:29:51 AM |
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I am also confused want to gather how much bitcoin that I have to collect to the time of my retirement, but I will try to save from now, with 0.0003 btc on a daily basis.
maybe 20 years will be very much
0.0003 btc too little, better 0.001/day or more and do not confuse how much amount you need to gather. at least you have to collect as much as possible, or has a target like 100 BTC or more. |
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