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lixer
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March 16, 2016, 09:38:03 AM |
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Impossible to tell now because there are so many variables, How much exactly would be sufficient for you to retire "in USD"? How much BTC would worth in 20 years "which is impossible to tell lol" but probably around 1000 BTC.
Even if it is USD it is hard to tell also. We dont know if USD will also fall in the coming years. I guess it will the precious stones and metals who will be really valuable in the future. I think if the banks started to support bitcoins then he can then rely on bitcoins to use them as his retirement fund, because the banks do business with it and give some profit to the owner . |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Rinder
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March 16, 2016, 11:43:29 AM |
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I think you would probably need around 100 BTC's to retire in a third world country, If you are living in an expensive country then I think you would need at least 1,000 BTC's to retire IMO.
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diegz
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March 16, 2016, 12:59:45 PM |
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I think you would probably need around 100 BTC's to retire in a third world country, If you are living in an expensive country then I think you would need at least 1,000 BTC's to retire IMO.
everything is possible to happen in 20 years, but I think I still don't consider bitcoin as a long term plan, and invest on it to be my retirement fund in the next 20 years... I would still be on fiat, and just might invest a few dollars on bitcoin.. |
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goinmerry
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March 16, 2016, 01:11:15 PM |
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I think you would probably need around 100 BTC's to retire in a third world country, If you are living in an expensive country then I think you would need at least 1,000 BTC's to retire IMO.
100 I thinks would be very little. Maybe if it will take bitcoin to grew at an exceptional price. But still if it will be seen at the price now. That is extremely low and will be easy to use it all. |
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romero121
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March 16, 2016, 03:44:22 PM |
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Don't fix some limitations in your earning. Earn as much possible. The more you buy or earn will make your later part more enjoyable without much difficulty in economy.
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BitcoinPaw
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March 16, 2016, 04:17:33 PM |
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Who knows how much will bitcoin cosn in 20 years? Better to invest your money in smth stable. But if we are talking about coins only, you need as much as possible obviously
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michnelli6
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March 16, 2016, 05:42:06 PM |
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Impossible to tell now because there are so many variables, How much exactly would be sufficient for you to retire "in USD"? How much BTC would worth in 20 years "which is impossible to tell lol" but probably around 1000 BTC.
Even if it is USD it is hard to tell also. We dont know if USD will also fall in the coming years. I guess it will the precious stones and metals who will be really valuable in the future. I think after 20 years the bitcoin will have became a stable and establish currency, so he have to keep some bitcoins for his retirement funds, as bitcoin is going to flourish everyday with a much faster speed. |
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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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March 16, 2016, 06:54:16 PM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yes because of the future of bitcoin we cannot predict it that how much do you have to keep. But you have to keep some bitcoin as the future is the bitcoin’s future and will give benefits to its holders. |
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Meuh6879
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March 16, 2016, 10:29:03 PM |
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10 is enough. in 20 Years, you can probably count on 34000-60000 USD the unit. bitcoins are not like gold, it's DIAMANTS !  |
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stromma44
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March 16, 2016, 11:03:45 PM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yes because of the future of bitcoin we cannot predict it that how much do you have to keep. But you have to keep some bitcoin as the future is the bitcoin’s future and will give benefits to its holders. |
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umaOuma
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March 16, 2016, 11:05:45 PM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yes because of the future of bitcoin we cannot predict it that how much do you have to keep. But you have to keep some bitcoin as the future is the bitcoin’s future and will give benefits to its holders. Be ready with as much as you can, its good to hold the maximum number of it if you want to live a lavish retired life, there is no exact number, more you have more you would enjoy. |
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CrimBit
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March 17, 2016, 12:50:32 AM |
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10 is enough. in 20 Years, you can probably count on 34000-60000 USD the unit. bitcoins are not like gold, it's DIAMANTS ! better you save as much as you can, i prefered 100btc for retire in 20years in future, so i know it's enough for make me fun in my retireday. |
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BeGoods
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March 17, 2016, 10:35:53 AM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yeah you need a lot of bitcoins for retire in 20 years. And you also need to count the inflation on that years too. So yeah, you need many bitcoins for that, maybe around 100 bitcoins ? I agree with you we don't know the circumstances that will occur in bitcoin in the 20 years to come. possible will continue to rise d price of $ 1000 or even under $ 200. just in case. you should make a backup like bitcoin reserve. how the target will you achieve and your reserve bitcoin if the price of bitcoin not what you expect |
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Piltover
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March 17, 2016, 12:42:33 PM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yeah you need a lot of bitcoins for retire in 20 years. And you also need to count the inflation on that years too. So yeah, you need many bitcoins for that, maybe around 100 bitcoins ? The amount will always be in a limbo flux since you wont know the value of price for 1 btc. But estimately if the price were ideally stable then $1k value per 100 btc = $420k. i dont think that price will go stable on $420 each btc, i think that more lower like $350~$400 so i prefer to take 50~150 BTC on the future fund while pension It hard to say. Because you never know what the value will be of Bitcoin in the future. It can be high but it can also be down and that will be not good. I hope of course that it will be more worth in the future and that many people can make some profit. |
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DeDordtenaar
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March 17, 2016, 02:15:18 PM |
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Who knows how much will bitcoin cosn in 20 years? Better to invest your money in smth stable. But if we are talking about coins only, you need as much as possible obviously
I think we cannot say to gather as much as you can. I think we need a plan and targets how much bitcoin should you produce in every month and per day. it is important for your way |
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pneumatic5
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March 17, 2016, 02:18:35 PM |
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You will need a lot of bitcoins, and not just a small amount but a large amount, if I´m honest I do not even think it will make it from now.
The fact is also that its difficult to predict due to the future of the bitcoin itself.
Yeah you need a lot of bitcoins for retire in 20 years. And you also need to count the inflation on that years too. So yeah, you need many bitcoins for that, maybe around 100 bitcoins ? The amount will always be in a limbo flux since you wont know the value of price for 1 btc. But estimately if the price were ideally stable then $1k value per 100 btc = $420k. i dont think that price will go stable on $420 each btc, i think that more lower like $350~$400 so i prefer to take 50~150 BTC on the future fund while pension It hard to say. Because you never know what the value will be of Bitcoin in the future. It can be high but it can also be down and that will be not good. I hope of course that it will be more worth in the future and that many people can make some profit. Bitcoin will be more popular in future for sure, and the value would be high, so I think anything around 100 btc would be a good to hold to have good retirement life. |
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CryptoBjorn
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March 17, 2016, 02:31:51 PM |
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Its hard to predict but you should need a lot of them to succeed with this also the question is if the bitcoin will be worth much in that year.
If so that you do not have a lot but from now on its still unpredictable and you would need a lot.
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diegz
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March 17, 2016, 02:35:31 PM |
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Its hard to predict but you should need a lot of them to succeed with this also the question is if the bitcoin will be worth much in that year.
If so that you do not have a lot but from now on its still unpredictable and you would need a lot.
So the best is still to prepare for the worst scenario after 20 years, like the price drops very low.. so it would be good to collect as much as we can, but it should only be what you can afford to lose..better yet, invest your retirement in fiat and make bitcoin as a reserve.. |
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kacak41
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March 17, 2016, 03:07:32 PM |
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Its hard to predict but you should need a lot of them to succeed with this also the question is if the bitcoin will be worth much in that year.
If so that you do not have a lot but from now on its still unpredictable and you would need a lot.
So the best is still to prepare for the worst scenario after 20 years, like the price drops very low.. so it would be good to collect as much as we can, but it should only be what you can afford to lose..better yet, invest your retirement in fiat and make bitcoin as a reserve.. Yeah depending only on bitcoins would be an risky business, as we are not sure what would be the value of bitcoins in future, its better if we invest in multiple products so that it can take care of our retirement. |
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ultimatesky
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March 17, 2016, 03:47:33 PM |
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Its hard to predict but you should need a lot of them to succeed with this also the question is if the bitcoin will be worth much in that year.
If so that you do not have a lot but from now on its still unpredictable and you would need a lot.
So the best is still to prepare for the worst scenario after 20 years, like the price drops very low.. so it would be good to collect as much as we can, but it should only be what you can afford to lose..better yet, invest your retirement in fiat and make bitcoin as a reserve.. Yeah depending only on bitcoins would be an risky business, as we are not sure what would be the value of bitcoins in future, its better if we invest in multiple products so that it can take care of our retirement. You never know what can happen. And that is the problem. Its hard to predict the value because it is a currency. And a currency is always changing so that is quite scary I think. But lets hope that it will be more worth. |
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