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dragonusa9
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June 05, 2016, 10:44:39 PM |
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 many coins, i am sure that if you want not to work, your amount of bitcoins will be not enough for you. So i don't really know what amount of coins you need, more than 500. i dont even think that the one will retire really need 500 BTC. it's must be very high lifestyle just assure that BTC rate is $600 or more, i think we just need only 150~300 BTC from my prediction |
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blackmachinegun
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June 05, 2016, 11:53:54 PM |
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for me have 10BTC is enough but you must have 1m EThereum too to your retire day  i think for my retirement day, i will choose some altcoin too, like dogecoin, litecoin , monero or maybe ethereum too. Lol it's beyond my expectations I think altcoin just a complement of bitcoin. I think there is no future for one altcoin dude ? altcoin will come and go and altcoin will die and then be replaced by another altcin. very risky if you use altcoin for investment in the future ? I think altcoin would not survive in the future, but maybe you need very many bitcoin in this regard. probably more than 10 BTC, and maybe we need more than 50 BTC to become rich in the I think altcoin will last continuously follows bitcoin but will continue altcoin replaced by new ones. litecoin probably will survive but not so popular and the price probably will not be too big. I'm sure the new altcoin will start replacing old altcoin and it will occur continuously. therefore you should be careful in investing in altcoin |
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Hatuferu
Legendary
 Offline
Activity: 1092
Merit: 1000
https://trueflip.io/
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June 06, 2016, 03:26:52 AM |
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for me have 10BTC is enough but you must have 1m EThereum too to your retire day i think for my retirement day, i will choose some altcoin too, like dogecoin, litecoin , monero or maybe ethereum too. Lol it's beyond my expectations I think altcoin just a complement of bitcoin. I think there is no future for one altcoin dude ? altcoin will come and go and altcoin will die and then be replaced by another altcin. very risky if you use altcoin for investment in the future ? I think altcoin would not survive in the future, but maybe you need very many bitcoin in this regard. probably more than 10 BTC, and maybe we need more than 50 BTC to become rich in the I think altcoin will last continuously follows bitcoin but will continue altcoin replaced by new ones. litecoin probably will survive but not so popular and the price probably will not be too big. I'm sure the new altcoin will start replacing old altcoin and it will occur continuously. therefore you should be careful in investing in altcoin Any investment should be carefully evaluated prior to putting your hard earned money to it, I can see some good potential for altcoins in the future but you need to be careful and select the best and trusted developers, I could recommend the waves. |
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Cyaren
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June 06, 2016, 07:21:34 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?
You'll need around $2.5 million in current USD figures to buy yourself a comfortable retirement, and if you choose to retire early. So that equates to around 4,000 Bitcoins right now. But I believe that bitcoin will surge in value and the price of services and goods relative to BTC will reduce dramatically. I would say around 500 BTC is enough. |
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azguard
Legendary
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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June 06, 2016, 07:29:44 AM |
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for me have 10BTC is enough but you must have 1m EThereum too to your retire day i think for my retirement day, i will choose some altcoin too, like dogecoin, litecoin , monero or maybe ethereum too. good luck with that if you thinking in investing btc to some alt be careful about that dont risk if you think you wont make that back |
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BombayChicken
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June 06, 2016, 08:34:05 AM |
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Lol If i really want to retire in about 20 years i need to invest allot of money into bitcoins will i make that 20 years. I dont think it can happen only if the price of the bitcoin rise that much...
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Erzatium
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June 06, 2016, 08:44:17 AM |
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If i really want to retire in 20 years i do need many many many bitcoins. Or the bitcoin price is that high that we only need a couple of them but i dont think he will be 20k each or something.
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Erzatium
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June 06, 2016, 09:06:11 AM |
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If you want to live comfortably in retirement, bitcoins are the wrong place to look. Check the history. They've been going down in value all year!
Invest in FacebookCoin or whatever it's going to be called, or maybe just invest in a low cost index fund (since you're talking 20 years down the road).
Umm, check the history? perhaps you can go back more than a few months? I think the overall return on Bitcoin has been pretty good. from a few cents to over $400 in a few year years? Has any investment in our lifetime been that good? Facebookcoin? Really? You would trust hard earned money in an account with the kind of "security" Facebook is known for?  ] if we all want to retire in 20 years we need allot of coins right now but we dont know the price of the bitcoin in the future so maybe we just need a couple of them but i dont know for sure. |
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JeanMcCoy
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June 06, 2016, 09:14:03 AM |
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Lol if we want to retire in about 20 years we all need allot of bitcoins for now the price is only 600 each. But we dont know how much he would be in the future so we dont exactly know how many we need to retire.
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jossiel
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June 06, 2016, 10:29:19 AM |
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Lol If i really want to retire in about 20 years i need to invest allot of money into bitcoins will i make that 20 years. I dont think it can happen only if the price of the bitcoin rise that much...
Yeah, you really need to have a lot of money into bitcoins before retiring for 20 years. But we don't know what will happen in the fluctuation of price to bitcoin that's why we can't say how much we need for 20 years, because it can the value $10000 or even as low as $1 after 20 years. |
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Doms
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June 06, 2016, 12:05:59 PM |
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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?
You'll need around $2.5 million in current USD figures to buy yourself a comfortable retirement, and if you choose to retire early. So that equates to around 4,000 Bitcoins right now. But I believe that bitcoin will surge in value and the price of services and goods relative to BTC will reduce dramatically. I would say around 500 BTC is enough. You could cut your budget significantly if you choose to retire in a tropical country in Asia, like Thailand or Philippines. Retiring in these countries doesn't require a person to be rich and the tropical weather makes retired life more enjoyable rather than the punishing cold weather of US. |
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Denker
Legendary
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Activity: 1442
Merit: 1014
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June 06, 2016, 12:12:36 PM |
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Lol if we want to retire in about 20 years we all need allot of bitcoins for now the price is only 600 each. But we dont know how much he would be in the future so we dont exactly know how many we need to retire.
Just try to accumulate as much as you can. Speculating about what the price will be in so or so many years won't bring you even further. If you are convinced that Bitcoin and the concept of an open Blockchain will be the key to success than just try to get as much as possible, without risking all what you have of course!! |
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Zooplus
Legendary
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Activity: 1106
Merit: 1000
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June 07, 2016, 01:46:21 AM |
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Lol if we want to retire in about 20 years we all need allot of bitcoins for now the price is only 600 each. But we dont know how much he would be in the future so we dont exactly know how many we need to retire.
Just try to accumulate as much as you can. Speculating about what the price will be in so or so many years won't bring you even further. If you are convinced that Bitcoin and the concept of an open Blockchain will be the key to success than just try to get as much as possible, without risking all what you have of course!! I think we need to have at least a target on how much we need for 20 years considered as our future retirement, in such way we can do our budgeting on how much we will allocate per month. |
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sobsitesearch
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June 07, 2016, 02:06:58 AM |
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Start buying bitcoin now until the price is cheap, you must need more than 100 BTC because you never know what will happen with the value of Bitcoin, how many do you need if the value is really low later in the future.
So it is of course hard to predict how many you need to retire in 20 years, but I think for sure, you will need a lot of coins.
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sirohige
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June 07, 2016, 03:41:09 AM |
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Start buying bitcoin now until the price is cheap, you must need more than 100 BTC because you never know what will happen with the value of Bitcoin, how many do you need if the value is really low later in the future.
So it is of course hard to predict how many you need to retire in 20 years, but I think for sure, you will need a lot of coins.
agree with you, better we prepare more bitcoin, as much as possible, my plan to reach 100BTC too. and im sure i can reach it in 20years |
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azguard
Legendary
Offline
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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June 07, 2016, 06:53:47 AM |
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Start buying bitcoin now until the price is cheap, you must need more than 100 BTC because you never know what will happen with the value of Bitcoin, how many do you need if the value is really low later in the future.
So it is of course hard to predict how many you need to retire in 20 years, but I think for sure, you will need a lot of coins.
agree with you, better we prepare more bitcoin, as much as possible, my plan to reach 100BTC too. and im sure i can reach it in 20years nice round sum of coin depend how much cash you want to have when you retire if you want to have 1 million $ that might be enough if you want more you will need much more in 20 year we can only speculate and guess what the price will be |
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Piltover
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June 07, 2016, 07:03:48 AM |
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You will need a lot of Bitcoins and that is because you also dont even know what will happen later with the value of Bitcoin and it is also bad if you life will depend on Bitcoin.
But the only thing that have to change is that the value has to keep rising so we are for sure that we can earn profit.
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uncaer9
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June 07, 2016, 07:08:03 AM |
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yes we can only speculate and save as much as possible.
My plan, i will save 0.2BTC/week, i think it's easy to earn 0.2, Im miner also trader and i save some altcoin like CBX for future reference.
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FabioDelcatto
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June 07, 2016, 07:29:40 AM |
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To be safe, get two Bitcoins.
lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be safe side get 5 I do not think that the price per Bitcoin is going to be a million that is not happening. There are people with hundreds of Bitcoins so by your predictions that means that so many people will be a millionaire if they just have one Bitcoin, |
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Hatuferu
Legendary
Offline
Activity: 1092
Merit: 1000
https://trueflip.io/
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June 07, 2016, 08:25:24 AM |
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To be safe, get two Bitcoins.
lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be safe side get 5 I do not think that the price per Bitcoin is going to be a million that is not happening. There are people with hundreds of Bitcoins so by your predictions that means that so many people will be a millionaire if they just have one Bitcoin, We cannot tell but it is close to impossible, no way it's gonna happen, but if that will happen then its good, do we need to complain anymore? Unless you hate money. |
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