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solitude
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December 07, 2014, 08:05:19 PM |
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Hardly anyone speaks English on this forum.
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panju1
Legendary
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Activity: 1246
Merit: 1000
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December 08, 2014, 04:04:20 AM |
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The consensus seems to be that 1 bitcoin will be sufficient to retire in 20 years. Not bad, I will be getting there soon.  |
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bitcoinmining
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December 08, 2014, 08:27:22 AM |
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If you buy it and keep it, I believe 1 BTC will be $10,000 in the future. $1,000,000 doesn't seem so plausible for me. Let's say $1,000,000 is enough for retirement, you have to keep 100 BTC in your wallet.
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Amph
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Activity: 3206
Merit: 1069
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December 08, 2014, 09:14:05 AM |
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at least 100, with a value of 10k each
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1Referee
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Activity: 2170
Merit: 1427
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December 08, 2014, 10:11:03 AM |
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at least 100, with a value of 10k each
It depends on where you live, but with $1,000,000 you can have a decent life. If you can live with $3000 per month, then you'll have nothing to worry about. |
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Gunther
Legendary
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Activity: 840
Merit: 1000
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December 08, 2014, 10:16:27 AM |
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BTC will be dead in 5y, lol.
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Amph
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Activity: 3206
Merit: 1069
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December 08, 2014, 10:41:23 AM |
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BTC will be dead in 5y, lol.
based on what? the only thing to worry about maybe, is that we are still in beta after 5 years at least 100, with a value of 10k each
It depends on where you live, but with $1,000,000 you can have a decent life. If you can live with $3000 per month, then you'll have nothing to worry about. i'm aiming at that amount, it's a good amount to retire, i don't plan to buy yatch big house and stuff like that i don't need them 1000 btc at 1000 each would be better, as i'm skeptical about reaching 10k value, but it would be more difficult to achieve |
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BitmoreCoin
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December 08, 2014, 03:11:33 PM |
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BTC will be dead in 5y, lol.
Do not think so. |
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zyzzbrah
Member
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Activity: 84
Merit: 10
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December 08, 2014, 03:26:49 PM |
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1000  If you have the money to buy 1000 bitcoin you could retire pretty soon already so... If it's more than 21 not much people will retire because not much people can afford 100+ btc investments.. |
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Yeezus
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December 08, 2014, 05:39:23 PM |
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BTC will be dead in 5y, lol.
based on what? the only thing to worry about maybe, is that we are still in beta after 5 years at least 100, with a value of 10k each
It depends on where you live, but with $1,000,000 you can have a decent life. If you can live with $3000 per month, then you'll have nothing to worry about. i'm aiming at that amount, it's a good amount to retire, i don't plan to buy yatch big house and stuff like that i don't need them 1000 btc at 1000 each would be better, as i'm skeptical about reaching 10k value, but it would be more difficult to achieve 100 btc is my goal and I think it's doable. I don't think bitcoin would ever reach 10k a piece unless we got some serious mainstream adoption eventually, but 1000 each is very realistic and would be a decent profit. |
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DonQuijote
Legendary
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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December 08, 2014, 10:39:11 PM |
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20 years?
You may have to sell before 20 years...
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THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA |
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Meuh6879
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Activity: 1512
Merit: 1011
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December 08, 2014, 11:58:18 PM |
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same as gold in the highest value = 18K/1BTC ... not to bad for olds days.
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botany
Legendary
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Activity: 1582
Merit: 1064
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December 09, 2014, 08:09:01 AM |
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100 btc is my goal and I think it's doable. I don't think bitcoin would ever reach 10k a piece unless we got some serious mainstream adoption eventually, but 1000 each is very realistic and would be a decent profit.
20 years us sufficient to get some serious mainstream adoption. So 10k in 20 years time does not look too aggressive. |
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mitus-2
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February 08, 2015, 08:45:06 PM |
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buy 100!
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gentlemand
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Activity: 2590
Merit: 3014
Welt Am Draht
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February 08, 2015, 08:46:32 PM |
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4500
If BTC survives and thrives to the median retirement age of the folks on here, you'd probably be able to retire every single person within a one mile radius with that amount. |
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shanecoins
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February 08, 2015, 08:52:48 PM |
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4500
If BTC survives and thrives to the median retirement age of the folks on here, you'd probably be able to retire every single person within a one mile radius with that amount. lets hope so |
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neurotypical
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February 09, 2015, 01:13:43 AM |
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BTC will be dead in 5y, lol.
It's you who will be dead, when you jump off a very tall building as you realize you missed the boat, TWICE. |
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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February 09, 2015, 01:41:56 AM |
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100 btc is my goal and I think it's doable. I don't think bitcoin would ever reach 10k a piece unless we got some serious mainstream adoption eventually, but 1000 each is very realistic and would be a decent profit.
20 years us sufficient to get some serious mainstream adoption. So 10k in 20 years time does not look too aggressive. Im allways saying, if bitcoin succeds, profits are not going to be high, theyre going to be insane, but also if it gets off the track, its going to get abandoned/replaced with the next big thing. So lets be optimistic and say that its 2035 year and bitcoin is still being used and fought for, block reward is 0,39 bitcoins, thats 56 new bitcoins a day. Since todays bull price is 220$, with 3600 bitcoins a day, needing ~800 000 usd a day just for new coins, and lets say were stabile at this point. So if in 2035. we have same 800 000 usd of money inflow for newly generated coins, that would mean that bitcoin price would be 800k/56 resulting in ~14 000$ a coin. But if you add the fact that with time bitcoin is going to be more known and used, with only 5% of popularity growth a year for 20 years that would multiple price 10 folds, from 14k/btc to 140 000 a coin. Nice numbers ey |
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