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orsotheysaid
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April 11, 2015, 10:57:52 PM |
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Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
How many would you say you say it's require to retire in 20 years then?
I also like the idea of having 21 Bitcoin, since only max 1 million people will have 21 Bitcoins, but given BTCs arent distributed evenly it will be even harder to be part of the almighty 21 Group. the usual target is 100 with a price target of 10k, 100 bitcoin are not that hard to acquire, 10k value instead look almost impossible right now, but the future may hold a good surprise 1M should be enough for many, to retire Lol 100 BTC are pretty hard to adquire... how are you going to adquire 100 BTC before price goes 10K or anything near it? because the higher the price goes, the harder it will become. It's a ticking clock. you should have started before, or you can just buy them now(not all together, maybe 2-3 every month, 3 years = 100 btc), or another solution was, to join cointellect and scam their ponzi, with many account, adds to this signature and instamine(aurora coin, blackcoin, darkcoin) and 100 btc are easy to achieve 2-3 every month is a lot of money for most folk, let alone for 3 years. As the poster said, the price will keep going up. So in 3 years, the price should be way higher than what it is now. Let's say the price is back to 1200 per coin in 3 years. Who in hell is going to be able to buy 2-3 coins per month anymore? |
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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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GreenStox
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Undeads.com - P2E Runner Game
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April 12, 2015, 01:00:09 AM |
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Hey look just buy as much as you can. If we bet on bitcoin, and we do, the mere fact that all of us will buy alot of bitcoin, will create the future that we wished for so hard.
It's an auto-fulfilling-prophecy, the mere fact that we buy now all bitcoins that we can, will raise the price, and then we can thank ourselves for our effort!
Auto-fulfilling-prophecy!!!
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Amph
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April 12, 2015, 07:02:05 AM
Last edit: April 12, 2015, 07:50:34 PM by Amph |
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Buy one and be one a slave for twenty years. If you survive, you can then regret not buying more and retiring earlier.
How many would you say you say it's require to retire in 20 years then?
I also like the idea of having 21 Bitcoin, since only max 1 million people will have 21 Bitcoins, but given BTCs arent distributed evenly it will be even harder to be part of the almighty 21 Group. the usual target is 100 with a price target of 10k, 100 bitcoin are not that hard to acquire, 10k value instead look almost impossible right now, but the future may hold a good surprise 1M should be enough for many, to retire Lol 100 BTC are pretty hard to adquire... how are you going to adquire 100 BTC before price goes 10K or anything near it? because the higher the price goes, the harder it will become. It's a ticking clock. you should have started before, or you can just buy them now(not all together, maybe 2-3 every month, 3 years = 100 btc), or another solution was, to join cointellect and scam their ponzi, with many account, adds to this signature and instamine(aurora coin, blackcoin, darkcoin) and 100 btc are easy to achieve 2-3 every month is a lot of money for most folk, let alone for 3 years. As the poster said, the price will keep going up. So in 3 years, the price should be way higher than what it is now. Let's say the price is back to 1200 per coin in 3 years. Who in hell is going to be able to buy 2-3 coins per month anymore? buying coins is for semi rich guys, if you are poor then you should find another way to earn those bitcoin, as i said, instamine was viable until late 2014, and you could earn a decent amount in a few day, add to that a signature campaign and yo are not too far away from 100 |
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aso118
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★Nitrogensports.eu★
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April 12, 2015, 02:46:55 PM |
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Hey look just buy as much as you can. If we bet on bitcoin, and we do, the mere fact that all of us will buy alot of bitcoin, will create the future that we wished for so hard.
It's an auto-fulfilling-prophecy, the mere fact that we buy now all bitcoins that we can, will raise the price, and then we can thank ourselves for our effort!
Auto-fulfilling-prophecy!!!
All it will take is one whale exit to puncture this auto fulfilling prophecy.  |
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GreenStox
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Undeads.com - P2E Runner Game
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April 12, 2015, 07:46:27 PM |
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All it will take is one whale exit to puncture this auto fulfilling prophecy. I dont think there are whales in bitcoin yet. The core developers or whoever holds like 1m bitcoin, will hold it because of the community. Yes maybe he will buy stuff with it, but i dont think he will exit completely, probably closing 10% of his positions |
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gentlemand
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Welt Am Draht
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April 12, 2015, 09:59:22 PM |
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All it will take is one whale exit to puncture this auto fulfilling prophecy. I dont think there are whales in bitcoin yet. The core developers or whoever holds like 1m bitcoin, will hold it because of the community. Yes maybe he will buy stuff with it, but i dont think he will exit completely, probably closing 10% of his positions There are unquestionably bitcoin whales, but anyone with truly earth shaking amounts of dollars looking to enter is either too sensible or waiting to see how things pan out. The BTC whales have been remarkably restrained overall considering there must be a few spotty brats with enough to flatten markets with one click. |
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GreenStox
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Undeads.com - P2E Runner Game
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April 12, 2015, 10:25:02 PM |
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All it will take is one whale exit to puncture this auto fulfilling prophecy. I dont think there are whales in bitcoin yet. The core developers or whoever holds like 1m bitcoin, will hold it because of the community. Yes maybe he will buy stuff with it, but i dont think he will exit completely, probably closing 10% of his positions There are unquestionably bitcoin whales, but anyone with truly earth shaking amounts of dollars looking to enter is either too sensible or waiting to see how things pan out. The BTC whales have been remarkably restrained overall considering there must be a few spotty brats with enough to flatten markets with one click. I dont think, if they wanted to buy house and sports car from their earnings they already did it or they dont want to. They are mostly guardians of the bitcoin network so its more for them just to make money, they are the pillars of the whole bitcoin network lol. They dont sell it because they feel emotional atachment to it, which is good, as we need the community strong. |
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Hazir
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April 12, 2015, 11:04:43 PM |
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As much as you can buy and willing to get, 20 years from now are a long time bitcoin will probably not exist until then but if it does then it will be really valuable in 20 years
I don't know why people keep saying that bitcoin will achieve some mythical and great value in the future. I studied bitcoin economy and so far we don't have any ground to base that assumption. Bitcoin economy as for 2014 and 2015 is quite disappointing. And yet people still believe that one pump peak from November of 2013 is foreshadow of 'true' bitcoin value. And that may not be the case at all. |
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Amph
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April 13, 2015, 07:35:28 AM |
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As much as you can buy and willing to get, 20 years from now are a long time bitcoin will probably not exist until then but if it does then it will be really valuable in 20 years
I don't know why people keep saying that bitcoin will achieve some mythical and great value in the future. I studied bitcoin economy and so far we don't have any ground to base that assumption. Bitcoin economy as for 2014 and 2015 is quite disappointing. And yet people still believe that one pump peak from November of 2013 is foreshadow of 'true' bitcoin value. And that may not be the case at all. don't forget that 2012-2013 was quite disappointing too aside from the mega pump(1200) and the 230 pump(lasted few days), if we take in consideration that the 1200 peak, was achieved with great manipulation and super bot we can say that a thing like this could happen again easily and in a few instants during 2015(which btw is not finished yet, we are at 1/3 of it only) so it's not that mythical as you said... |
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qiwoman2
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Oikos.cash | Decentralized Finance on Tron
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April 13, 2015, 10:50:22 AM |
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I would buy ten btc for a retirement plan if I had the money but it I would only have BTC as part of my portfolio..Now I don't even have 1 lol so I am far off the mark but ten for western countries and maybe 2-5 btc for developing ones..Ideally those whales who got much to spend 100 or more btc would be more realistic for a nest egg.
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TPN
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How did it get so late, so soon?
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April 13, 2015, 11:52:40 AM |
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I'm pretty sure you could retire with 10 bitcoins |
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maxinedougherty
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April 13, 2015, 12:38:41 PM |
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I think you will be relax with 10 Bitcoins after 20 years.
Not sure , below 10 BTC
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AtheistAKASaneBrain
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April 13, 2015, 02:20:24 PM |
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I'm pretty sure you could retire with 10 bitcoins 10K USD is realistic in 10 years 10x10=100K USD Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 1K per BTC would ever happen back then) CAN happen, so you could retire. |
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BitmoreCoin
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April 13, 2015, 02:50:41 PM |
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I'm pretty sure you could retire with 10 bitcoins 10K USD is realistic in 10 years 10x10=100K USD Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 1K per BTC would ever happen back then) CAN happen, so you could retire. If bitcoin is still alive in 10 years, then it could be more than $10k in 10 years. |
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TPN
Full Member
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Activity: 193
Merit: 100
How did it get so late, so soon?
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April 13, 2015, 03:26:36 PM |
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I'm pretty sure you could retire with 10 bitcoins 10K USD is realistic in 10 years 10x10=100K USD Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 1K per BTC would ever happen back then) CAN happen, so you could retire. Who knows what the price of USD will be in 10 years  |
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shanecoins
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April 13, 2015, 04:39:06 PM |
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I'm pretty sure you could retire with 10 bitcoins 10K USD is realistic in 10 years 10x10=100K USD Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 1K per BTC would ever happen back then) CAN happen, so you could retire. Who knows what the price of USD will be in 10 years er $1 perhaps |
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farting_shot
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April 13, 2015, 08:04:37 PM |
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0.01 USD is realistic in 10 years
10x0.01=0.1 USD
Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 0.01 per BTC would ever happen) CAN happen, so you should not retire on bitcoins.
I FIXED IT FOR YOU!!!
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Natalia_AnatolioPAMM
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April 13, 2015, 10:05:39 PM |
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0.01 USD is realistic in 10 years
10x0.01=0.1 USD
Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 0.01 per BTC would ever happen) CAN happen, so you should not retire on bitcoins.
I FIXED IT FOR YOU!!!
fully agreed! |
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micky123
Legendary
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Merit: 1005
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April 14, 2015, 01:32:58 AM |
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0.01 USD is realistic in 10 years
10x0.01=0.1 USD
Not enough, but prices that we are not able to logically imagine (it was NOT logical to think 0.01 per BTC would ever happen) CAN happen, so you should not retire on bitcoins.
I FIXED IT FOR YOU!!!
fully agreed! Lets not be agents of gloom and doom!  Sure, BTC is going through a bear phase atm and things seem all gloomy, but we need to keep up our optimism and hope that things change for the better. My time to look out for a major uptick would be the next halving of block reward. I will be holding my small stash of btc at least until the next block reward halving and will re-evaluate my position at that point. We have to remain optimistic until then. |
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techgeek
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April 14, 2015, 04:28:06 AM |
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Bitcoin should be more reference to a gold valuation not a sense of a dollar.
Its why theres threads out there do the whole gold vs bitcoin thing. So this discussion is based around how do you value gold compared to the digital currency. Plus its not like there is a endless supply of it. Its a fixed amount, which also supports that value.
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