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

[GreenStox]

Alright but 4000 bitcoin is at the current price.

If it goes just to 10.000$ which is higly probable then you will only need 100 pieces.

Simple as that.

[HarHarHar9965]

I remember at first months of this year some peoples said that BTC was died, same LTC, and now I dont see somebody saying same thing.

Hahah, haters gonna hate bro. They only come around when there is negativity in the media or when they go hard on their investment, panic and fucking lose it rather than holding, then they get mad and break things, feel like their life is destroyed. They go back to bitcoin forums and try to convince people how it is bad for them, trying their own little ways to kill bitcoin, but bitcoin doesn't give a fuck. its the king currency.

[grouper fish]

Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.

It will happen.

It will happen when you dont sell your bitcoins in 3 years at 20.000 Dollar 

But i bet 99% will do this, i will wait from now to 2021 and see what will happen,
because with 20.000 Dollar per bitcoin i can not go in retire. 

yea I will probably be selling way before the 20k mark. Hoppfully I will be sticking to the bitcoin savings plan ( https://bitcointalk.org/index.php?topic=345065.0 ) and not get to greedy to fast.

[Miracal]

I remember at first months of this year some peoples said that BTC was died, same LTC, and now I dont see somebody saying same thing.

Hahah, haters gonna hate bro. They only come around when there is negativity in the media or when they go hard on their investment, panic and fucking lose it rather than holding, then they get mad and break things, feel like their life is destroyed. They go back to bitcoin forums and try to convince people how it is bad for them, trying their own little ways to kill bitcoin, but bitcoin doesn't give a fuck. its the king currency.

Yeah, I don't see trolls when bitcoin is booming, they only come around when they lose shit with bad trades and stupid unwise decisions. I don't understand why do they have to demotivate and spread their negativity everywhere just because they lost some shit man. Its maths, its patience and its luck. Sometimes shit doesn't work out, take it like a MAN

[greBit]

 Sometimes shit doesn't work out, take it like a MAN

Shit, that sounds so sexist ANYWAY, there is win and loss in everything at life. Be it game, business or relationships. You cna only percceive what has happened, act on what should happen now and plan for what should happen next. There is absolutely no profit at living in the past... Some of my investments have nearly destroyed my life while some has made me successful for the wise decisions. Its all a game, a gamble

[bill gator]

I think 50 btc is the great number, Bitcoin will easily surpass $10,000 in the next 20 years.
I know, 20 years is like forever.

[Argwai96]

What is the average amount most people retire with is the question, well plus the factor of cost of living in each country is different, social status either middle class retirement or high class retirement i know most of us want a High class retirement package so lets say enough so you could be in a high class retirement status no matter what country.

[bit1]

Maybe invest on LTC could be good idea too.....

[Swordsoffreedom]

Maybe invest on LTC could be good idea too.....

Well there is always the off chance of a bubble pop if you enter at this price but in 20 years that could be a trivial thing to worry about.

[bytezero]

Hoping to have about 10 BTC a year from now. Best case scenario is that those 10 BTC will help me to seriously cut down on work hours in 10-15 years time.

that's a good strategy too, at least you are acquiring within this current range. I personally consider sub$300 cheap

[minerbit hill]

Somewhere in the range 50-100 is my guess. My crystal ball says the price will be not less than 10k USD
in 20 years

[tyz]

The question is: How much do you need in 20 years in fiat money in order to finance your retirement?
Lets say $500k and we expect an annual average value growth rate of 10% for Bitcoin.

Using discounting formula, you need Bitcoins worth of $74.321 today. Around BTC250.

[txbtc]

21 the lucky number assuming that bitcoin is going to keep increasing in value until it reaches global adoption. That's easily an increase in value by 100 times or more, likely more with even moderate estimates. (We're being optimistic, I'm assuming wide-spread adoption.)

[foxbitcoin]

buy 100 coins now and wait for price to go to 10k. the surest way is just get in now while it's cheap with enough capital.

[prodigy8]

21 or more, Get to the 1 in a million club and you'll be sitting comfy in 20 years.

[Possum577]

21 the lucky number assuming that bitcoin is going to keep increasing in value until it reaches global adoption. That's easily an increase in value by 100 times or more, likely more with even moderate estimates. (We're being optimistic, I'm assuming wide-spread adoption.)

What's your math on the "easily an increase in value by 100 times or more" prediction?

This lofty assumptions on where the moon is for bitcoin is fun to talk about but no one has any fact or logic to drive their assumptions. To make these claims without fact or logic is just a game of make-believe, like reading a child's book, it's just fantasy.

Does anyone have any rationale for why bitcoin should increase such significant amounts over the next several years?

[harlenadler]

I think that in 20 years, there will be nothing name "bitcoin" itself. I think the technology and concept will continue to grow and expand until we have something that can fix the current flaws that bitcoin has. This could go on to be further supported by governments, and thus be more widely accepted in a modern world.

But just in case I'm wrong, I'm going to keep a few bitcoins on me just in case, as a Retirement Plan B

[Amph]

i think you can retire in 5 years only or 10 at worst, bitcoin will skyrocket much early than many think, remember that progress aren't linear, you only need one good move to achieve a good value

21 the lucky number assuming that bitcoin is going to keep increasing in value until it reaches global adoption. That's easily an increase in value by 100 times or more, likely more with even moderate estimates. (We're being optimistic, I'm assuming wide-spread adoption.)

What's your math on the "easily an increase in value by 100 times or more" prediction?

This lofty assumptions on where the moon is for bitcoin is fun to talk about but no one has any fact or logic to drive their assumptions. To make these claims without fact or logic is just a game of make-believe, like reading a child's book, it's just fantasy.

Does anyone have any rationale for why bitcoin should increase such significant amounts over the next several years?

it has to do with its scarcity, from a math point of view, bitcoin should increase non linearry and to a very high level, you can also how much of a joke is, its current market cap

but on the other hand you have demand that dictate where an asset will go

[HarHarHar9965]

I think that in 20 years, there will be nothing name "bitcoin" itself. I think the technology and concept will continue to grow and expand until we have something that can fix the current flaws that bitcoin has. This could go on to be further supported by governments, and thus be more widely accepted in a modern world.

But just in case I'm wrong, I'm going to keep a few bitcoins on me just in case, as a Retirement Plan B

As an agent of chaos, I find some sense in your talk. There can and always will be something better out there and it all depends on peoples' mentality, if they have accepted bitcoin and not ready to leave, then nobody can break the currency relation. The government itself will try to clone bitcoin and force people to adapt it, it depends on how people take that movement. A suppression or an economic revolution.

[Mehek]

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 think the more you buy bitcoins, the better. But since you said , not so much money is required as to buy yachts aand mansions buying just three to four bitcoins is enough since in 20 years bitcoins' value will shoot up to the sky. The chances are of you becoming a millionaire with just four to five , dude! If you have financial stability now, I think you should go for it.