How many bitcoins do I need to retire in 20 years?

[pereira4]

it depends to you, but if you ask me i need more than 1k to retire

1K bitcoin or 1K dollar?

By the time you retire 1k bitcoin will be worth atleast 1000x more, i am very confident about it.

It's okay if you expect much bitcoin to needed when retire then, but the more important thing is what you will do to get bitcoin and collect it as much as you want. And also, it will be useless if we have much bitcoin in future but the price is drop a lot at the time.

I guess there are so many things out there that you can do to earn bitcoin, you just need to search it, and stop using it for unuseful things so you will

save a lot until your retirement time come. Many prediction said that in 10-20 years bitcoin price will hit around $1,000 so it is worth a try. Although it is

not hit that number, it should be around $500 so you will get profit too, it is just lower than $1,000

$1.000 is shit nothing. If BTC isn't 5 figures in 10-20 years it'll be dead. BTC aims to surpass Visa, Mastercard and Paypal, therefore, it's impossible that in 20 years BTC will be only $1.000. It's mathematically impossible that it isn't 5 figures by the time it surpasses them, if not more.

[gentlemand]

$1.000 is shit nothing. If BTC isn't 5 figures in 10-20 years it'll be dead. BTC aims to surpass Visa, Mastercard and Paypal, therefore, it's impossible that in 20 years BTC will be only $1.000. It's mathematically impossible that it isn't 5 figures by the time it surpasses them, if not more.

I don't think all that many folks on this thread can summon up the effort to process a handful of straightforward numbers. Good luck to them all anyway.

[atomicsix]

Wow, Alley, who knew this thread was going to go for this long.

You still buying?

I was up over 100 btc, but I have been buying Casascius coins, so not anymore.

I think they make it harder for me to spend some of my saved BTC, or as some incorrectly call it "Hoarded" BTC.

[Rune]

1 bitcoin if you can live on 1 million US dollars

[GreenStox]

1 bitcoin if you can live on 1 million US dollars

Ah bad luck, i got over 20 bitcoins, now what should i do with the other 19 if only 1 is enough for me

[atomicsix]

1 bitcoin if you can live on 1 million US dollars

Ah bad luck, i got over 20 bitcoins, now what should i do with the other 19 if only 1 is enough for me

Retire sooner

[futureofbitcoin]

$1.000 is shit nothing. If BTC isn't 5 figures in 10-20 years it'll be dead. BTC aims to surpass Visa, Mastercard and Paypal, therefore, it's impossible that in 20 years BTC will be only $1.000. It's mathematically impossible that it isn't 5 figures by the time it surpasses them, if not more.

I don't think all that many folks on this thread can summon up the effort to process a handful of straightforward numbers. Good luck to them all anyway.

I'm really interested in what sane people has to say about this topic, so I always come back to read the comments, but unfortunately what ends up happening the vast majority of time is I become extremely depressed about the future of humanity, seeing the complete lack of common sense and elementary arithmetic knowledge...

[Erza]

Each person have different perception about useful thing to him and not useful. We can take gambling as a example. Some people believe gambling is a method to multiple their money or bitcoin, but other people say that gambling is a way to wasting their money. Prediction is uncertain thing, which mean it will be happened or maybe it won't. In initial period when bitcoin just was launched, some people predicted that bitcoin can't be last long, and now it is used by world people. Prediction can be right or otherwise it can be wrong.

Yes itss true but most of them have the same perception. I think many people believe that method to multiply their money or bitcoin is by gambling.

This method is the fastest way but higher risk enough. But no one dare to try to gambling it using your own funds because it has a high risk. When I

said prediction, that means people have their own method to predict what will happen to bitcoin price, this is just some speculation but it is your

choice to believe it or not

$1.000 is shit nothing. If BTC isn't 5 figures in 10-20 years it'll be dead. BTC aims to surpass Visa, Mastercard and Paypal, therefore, it's impossible that in 20 years BTC will be only $1.000. It's mathematically impossible that it isn't 5 figures by the time it surpasses them, if not more.

That is their goal for the first time it occur? To surpass Visa, Mastercard and Paypal? Today they already surpass it by their technology not from price

aspect. And there are so many speculation about what will happen to the next 20 years, with that time I guess there will be more volatile prices

compare to this time

[pigzone]

honestly, I would say just mine as many bitcoins as you can throughout your living.
You never know how much you'll be spending money in the future.

[ifightformerkel]

It difficult to say.
Realistic forecasts say, that the bitcoin price will be at 50.000 Dollar in 5 years.
But what will happen in 20 years nobody knew it, maybe the price will be at 1 million dollar? or still at 50.000 dollar.

To be on the safe side i would buy or earn minimum 10 bitcoin, this is in my opinion and good amount to go in retire in 5-20 years.
But like always, more is better, so when you can get 100 bitcoins, than you will not only go in retire, you maybe can also buy a nice boat or plane. 

[Amph]

honestly, I would say just mine as many bitcoins as you can throughout your living.
You never know how much you'll be spending money in the future.

better to buy, than waiting 10 months(for roi) to have the same amount of coins, and increase the possibility of losing a good train, with this cheap price

you will never roi if diff start to rise with the new efficiency that is coming

[bit1]

1 bitcoin if you can live on 1 million US dollars

Ah bad luck, i got over 20 bitcoins, now what should i do with the other 19 if only 1 is enough for me

You could do a giveaway after 20 years when you are sure......

Edit: Oh Wait a second!  guy above say: 1 bitcoin --> 1 million US dollars   but  if dollar lost his value in same 20 years,   what could happens?

[bit1]

[usairx]

Maybe 1 bitcoin it's 10k in the future depends on the level of adoption. but nobody can ever answer this because nobody knows you'll just have to wait and see.

[Finchy]

Personally I'd aim to get 100. I think bitcoin can easily become worth 1k again so 100k would do you very nicely though maybe not enough to retire on. However, if it goes to 10k maybe you could. If you believe in bitcoin just aquire as many as you can and hope for the best.

[bitcollins85]

I think 50 BTC is a good number to be holding onto, But no one knows BTC's future price,  you can make your own assumptions and make your purchase.

[Pierre11]

In 20 years, Bitcoin will have crashed down to $0 at least once.

[Mehek]

I wouldn't invest more than just 5% of my wealth right now. The rest 20% of my wealth will be invested in other investment plans which are less of a gamble and more secure like government bonds or fixed deposits retirement plans.

[azguard]

1 bitcoin if you can live on 1 million US dollars

Ah bad luck, i got over 20 bitcoins, now what should i do with the other 19 if only 1 is enough for me

Give one to me 
Kidding

Depend on the price in 20 years time expecting like 5 figures is reasonable so how about 5 BTC retirement font or little more.

[spirit of btc]

i think 50-100 bitcoin is enough. butif someone invests every asset they have in BTC and moans that the price down swings a little bit, it's simply the best sign that they shouldn't have invested everything.
Only invest what you can afford to lose.