SquallLeonhart
Legendary
 Offline
Activity: 2338
Merit: 1101
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August 21, 2016, 01:52:22 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. |
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2legit2
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August 21, 2016, 07:05:54 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. Things and foremost theres no a trustable mining service even they exist for how many months now but the assurance that it would last forever isnt there. 100 bitcoin is a good amount if you looking to retire after 20 years. You could build a physical business with that amount and you can secure your future i guess. I think now, even many people who have 100 BTC and they still have to work hard to be able to live comfortably in real life. I think especially in the future will be more expensive cost of living you need more than 100 BTC 100 bitcoins not a lot at the moment though i think that in the future it will be worth holding it |
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kreskko
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August 21, 2016, 07:13:48 PM |
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20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.
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20kevin20
Legendary
Offline
Activity: 1134
Merit: 1597
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August 21, 2016, 07:17:28 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. Things and foremost theres no a trustable mining service even they exist for how many months now but the assurance that it would last forever isnt there. 100 bitcoin is a good amount if you looking to retire after 20 years. You could build a physical business with that amount and you can secure your future i guess. I think now, even many people who have 100 BTC and they still have to work hard to be able to live comfortably in real life. I think especially in the future will be more expensive cost of living you need more than 100 BTC 100 bitcoins not a lot at the moment though i think that in the future it will be worth holding it I now think the future means war, lol. We're approaching it, at least this is how it looks like.. 100BTC is not enough to live off maybe even for ten years. You never know when you need to spend thousands of dollars for an emergency. You need much more than that. |
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betohell
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August 21, 2016, 07:38:10 PM |
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20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.
yeah 20 years is a very long time. everything is still very vague and unclear. so as a precaution when things happen that are not in want, the better you collect many bitcoin at once. maybe 1000 BTC |
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kodoll
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August 21, 2016, 09:29:58 PM |
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20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.
yeah 20 years is a very long time. everything is still very vague and unclear. so as a precaution when things happen that are not in want, the better you collect many bitcoin at once. maybe 1000 BTC To date, this thousand bitcoin already vast fortune. And after 20 years of not even dare to predict how much will rise bitcoin. |
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denarian
Newbie
Offline
Activity: 43
Merit: 0
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August 21, 2016, 09:40:26 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?
I'll say you need to buy 21 bitcoin. according to total amount of bitcoin, onle a few people will earn 21 bitcoin, so it would be better if you are one of the community. When you have those 21 bitcoins, I'm sure you will be very very rich in the future. because probably bitcoin will be worth more, so you will not need to work. just enjoy your life with your family however, to earn that amount, you need skills and time. if you have very good skill, I think you only need short term. |
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PacePay
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August 21, 2016, 09:47:10 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want. |
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Ziskinberg
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August 22, 2016, 02:51:40 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want. And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy. |
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secone
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August 22, 2016, 03:00:31 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want. And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy. Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price. but I also would not hold too long, if I am satisfied with the price, I also better to sell. |
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Zadicar
Legendary
Offline
Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
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August 22, 2016, 05:59:14 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want. And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy. Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price. but I also would not hold too long, if I am satisfied with the price, I also better to sell. Risktakers would surely hold those coins for sure for a long time because they have high hopes in bitcoin that it would increase its price into the moon and make them millionaires in the future, same as you said i would sell my coins in the price that i could see that im profitable enough. |
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Latwindar
Newbie
Offline
Activity: 29
Merit: 0
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August 22, 2016, 01:35:19 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. I don't know why you're recommending for him to put some money into a mining service. Investing in cloud mining is literally betting against the network and assuming that the overall hashing power is going to go down over the time that you have your contract, and that's already an unlikely bet. On top of the fact that a majority of mining services turn out to be scams in one way or the other. I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit. |
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utkarshm
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August 22, 2016, 02:33:33 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. I don't know why you're recommending for him to put some money into a mining service. Investing in cloud mining is literally betting against the network and assuming that the overall hashing power is going to go down over the time that you have your contract, and that's already an unlikely bet. On top of the fact that a majority of mining services turn out to be scams in one way or the other. I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit. What calculations you made on cloud mining man.Most cloud mining are totally scam and are ponzi schemes and investing money there means lost of all the money and we are talking about 20 years later and no one of the cloud mining sites running today will last that longer . |
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dezoel
Legendary
Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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August 22, 2016, 02:45:20 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. I don't know why you're recommending for him to put some money into a mining service. Investing in cloud mining is literally betting against the network and assuming that the overall hashing power is going to go down over the time that you have your contract, and that's already an unlikely bet. On top of the fact that a majority of mining services turn out to be scams in one way or the other. I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit. What calculations you made on cloud mining man.Most cloud mining are totally scam and are ponzi schemes and investing money there means lost of all the money and we are talking about 20 years later and no one of the cloud mining sites running today will last that longer . Exactly and if you believe that cloud mining sites will operate for next 20 years then that will never happen, in fact they will run away in short term when they find enough investors. |
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abugseuf
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August 22, 2016, 08:48:30 PM |
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In 20 years, I think 30 BTC may be enough for retirement, if the currency continue with a good level of appreciation and adoption, of course.
I think we could not predict the future, so probably 30 BTC might not be enough.. It is better to have plenty...Bitcoin I think should not be our only retirement fund, there should always be other alternatives just in case bitcoin fails, but one thing is for sure, fiat would not fail, and other investments in real life like real estates... yes we have no idea about that what will be the price or value of 30 bitcoin after 20 years, and what is the need of a person for spending a good life. some people spend simple life and they can compromise with a little amount of money. therefore we cannot predict about the amount of bitcoin for a person to be fulfill for his retirement after 20 years. |
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Nimbulan
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August 22, 2016, 10:52:54 PM |
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100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try
It may be more than enough, but it depends on how the currency will rise in value over the years. Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit. I don't know why you're recommending for him to put some money into a mining service. Investing in cloud mining is literally betting against the network and assuming that the overall hashing power is going to go down over the time that you have your contract, and that's already an unlikely bet. On top of the fact that a majority of mining services turn out to be scams in one way or the other. I did some calculation on the cloud mining. If there is no difficulty rise, you can make some profit. Otherwise, there is no profit. What calculations you made on cloud mining man.Most cloud mining are totally scam and are ponzi schemes and investing money there means lost of all the money and we are talking about 20 years later and no one of the cloud mining sites running today will last that longer . Exactly and if you believe that cloud mining sites will operate for next 20 years then that will never happen, in fact they will run away in short term when they find enough investors. of course it wont happen, sooner or later all cloud mining websites turn to a scam and run away with people money, thats horrible |
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secone
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August 24, 2016, 03:50:54 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?
We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime. it is always have to side possibility , became worthy or became worth nothing , noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor , so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin , i myself planning to hold 10 bitcoin atleast as future investment. I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price. Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want. And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy. Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price. but I also would not hold too long, if I am satisfied with the price, I also better to sell. Risktakers would surely hold those coins for sure for a long time because they have high hopes in bitcoin that it would increase its price into the moon and make them millionaires in the future, same as you said i would sell my coins in the price that i could see that im profitable enough. if I have a lot of savings, I dare to take all the risks on bitcoin, because when something bad happens, I do not have to be sad, I still have a lot of money. but if you do not have a savings, then take the risk. when all was lost. you have nothing and it could be crazy. |
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Rastaman2016
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August 24, 2016, 05:56:59 PM |
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20 years is as much on the big lines that predict the situation on the currency market is very difficult. If you take specific bitcoin, this waltz on many unstable, on the one hand it is possible for this time to become fabulously wealthy as well as on the other hand is completely ruined.
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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August 24, 2016, 06:09:49 PM |
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If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
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Omegasun
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August 25, 2016, 12:56:39 PM |
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If you can earn bitcoins in signature campaign and you can hold and save it always you can make a large amount of bitcoin until 20 years if you didnt spend it just holding it and saving it you will become rich if you are live here in my country 40 to 50 btc is enough.. you will millionaire i that amount of bitcoin..
it is true but you can't save 40-50 btc if you just earning bitcoin in signature campaign. Try to save also on your job salary every month. in that case you will meet that 40-50btc target amount. I won't suggest trading and investing in different hyip or cloudmining. if you want to have a better future. Just stick in saving and your personal job. Actually that works for me. i already have 3btc and counting for just 1 year.  |
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