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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320304 times)
jeffthebaker
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October 31, 2015, 11:16:45 PM
 #901

I would go for 21 BTC. In twenty years from now they could be a good sum.
Also, 21 is a cool amount considering the total amount of BTC which will be 21millions.
 Cheesy

Nono. 21 is a nice half of 42. But the good amount is obviously 42 bitcoin.
And 42 bitcoins in 20 years with bitcoin at >20k give you possibly one million USD~ worth which by all mean would mean a good retirement cushion. Smiley

It all depend on if BTC manage to start competing with FIAT. If it does, we win.

Yeah, I was thinking 42 as well. It's the answer to life and everything, as well as enough to get you into the half million club. Either 42 is going to be enough to live comfortably without working, or won't be enough to buy you a nice shirt in 20 years.
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October 31, 2015, 11:37:28 PM
 #902

do the maths.

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November 01, 2015, 12:03:21 AM
 #903

do the maths.



Mate, where did you get this if I might ask? Who made it? I would just like to know the source before sharing this further.

Wow, this really shows off a Bitcoin potential. This is crazy!
Decoded
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November 01, 2015, 03:31:39 AM
 #904

To be safe, get two Bitcoins.


Why not three? You'll be richer that your wildest dreams!

looking for a signature campaign, dm me for that
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November 01, 2015, 03:37:14 AM
 #905

do the maths.



Would love this to be true.  Where did you grab this information from?  I don't ever see Bitcoin being priced at 800,000 per coin but I guess you never know.  Pretty cool to imagine the potential though
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November 01, 2015, 04:25:57 AM
 #906

do the maths.



If dollar fails and is replaced by bitcoin to be the world's reserver currency, things will get exciting from there. Even giving 1% of gold's current marketcap would largely boost bitcoin's price. The potential of bitcoin is truly amazing, and I'd love to see it with my own eyes to happen.

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November 01, 2015, 08:04:45 AM
 #907

do the maths.



Mate, where did you get this if I might ask? Who made it? I would just like to know the source before sharing this further.

Wow, this really shows off a Bitcoin potential. This is crazy!

it's not so hard, you need to think about what would happen if big investors of other big asset would invest a portion in bitcoin instead

now this is just a little portion, like 1% imagines 10% or more, even 1M per bitcoin would be so small in that case

but those are only speculation, no way we know it will happen or not
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November 01, 2015, 10:22:08 AM
 #908

the prediction not really effective, how about bitcoin inflation,USD?EUR? ,what will you do if your country currency suddenl drop? there's no guarantee,it'll be better saving in gold or property

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November 01, 2015, 10:24:19 AM
Last edit: June 20, 2016, 05:10:40 PM by Barnabe
 #909

do the maths.



So if several factors are true at the same time, it could easily be over a million, right ?
But it seems to be a kind of simple projection of price which is not a very correct and accurate method to do...



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Rainbot
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November 01, 2015, 10:30:22 AM
 #910

About tree fitty.

Actually, I'd say ~200 would be good.

If we assume the price in 20 years increases by 250% then you should be fine for a while.

It's all about if bitcoin will be still usable and popular in 20 years from now.
With 200BTC you can make good money in future
But i don't think that you can retire with this amount maybe 500BTC+ at least.

That's insane. With 500 BTC you will be a massive whale. 20 years is a long, long, long time for technology. Hell 5 is. The supply is limited, 500 BTC is a lot in a 21 million (-all the bitcoin that got lost) if the demand keeps growing.

Anything around 30 BTC should make you very wealthy in the next decade. Just do the math. Only by having 1 BTC you are already a part of a very small % of the population. Once demand kicks in the price will go to mars.. simple supply and demand.

That is true that the supply isn't maybe enough for the future.
That's the point of the price of bitcoin to be increased when there aren't much in the market.
Maybe 500BTC are a lot for now but it will be very large in the future if the price rise.
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November 01, 2015, 01:06:09 PM
 #911

source of the blue graph : https://ybitcoin.com/articles/bitcoin-as-an-investment/
source thread : https://bitcointalk.org/index.php?topic=1166428.msg12844963#msg12844963
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November 01, 2015, 02:04:48 PM
 #912

do the maths.



Mate, where did you get this if I might ask? Who made it? I would just like to know the source before sharing this further.

Wow, this really shows off a Bitcoin potential. This is crazy!

it's not so hard, you need to think about what would happen if big investors of other big asset would invest a portion in bitcoin instead

now this is just a little portion, like 1% imagines 10% or more, even 1M per bitcoin would be so small in that case

but those are only speculation, no way we know it will happen or not
No, that is so not possible , why would they invest in a highly variable currency ? Bitcoin moves around 200 - 300 in general and that is 50% of the price when compared to fiat's which dont even variate more than 5% ,mass adaptation is the only hope.
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November 01, 2015, 02:21:59 PM
 #913

do the maths.



Mate, where did you get this if I might ask? Who made it? I would just like to know the source before sharing this further.

Wow, this really shows off a Bitcoin potential. This is crazy!

it's not so hard, you need to think about what would happen if big investors of other big asset would invest a portion in bitcoin instead

now this is just a little portion, like 1% imagines 10% or more, even 1M per bitcoin would be so small in that case

but those are only speculation, no way we know it will happen or not
No, that is so not possible , why would they invest in a highly variable currency ? Bitcoin moves around 200 - 300 in general and that is 50% of the price when compared to fiat's which dont even variate more than 5% ,mass adaptation is the only hope.

well someone should begin to fuel the mass adoption, mass adoption will simply not happen overnight, you need something that initiate it in any case

a rich investor that begin to trade and take the initial risk is the only thing that make sense, then the other big investor will follow

at the beginning you will still have variance of 50% or what is it, but gradually the thing will be more thin the more money will get in
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November 01, 2015, 02:23:07 PM
 #914


No, that is so not possible , why would they invest in a highly variable currency ?


This market is so unbelievably piddly that people get excited when there's a buy worth a few hundred thousand dollars. That's where the volatility comes from. If it ever did reach $1 mil, which it might in a few centuries, it would be a leviathan and much slower to bat around.
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November 01, 2015, 02:23:43 PM
 #915

You need 1 Bitcoin.

I don't think it's enough unless bitcoin price will pump out to $1M each (which I highly doubt will happen)

Holding btc?¿
or
trading btc?
Holding=100
Trading= 20

Dude I can't understand your post Huh Would you mind elaborate more what you are trying to say?
maybe he means that if you keep trading with bitcoin for 20 years and start with 20 bitcoins youd end up with a 100coins?
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November 01, 2015, 06:21:30 PM
 #916

You need 1 Bitcoin.

I don't think it's enough unless bitcoin price will pump out to $1M each (which I highly doubt will happen)

Holding btc?¿
or
trading btc?
Holding=100
Trading= 20

Dude I can't understand your post Huh Would you mind elaborate more what you are trying to say?
maybe he means that if you keep trading with bitcoin for 20 years and start with 20 bitcoins youd end up with a 100coins?

He means if you do this now. You either need to buy 100 BTC and let it collect dust for a long time. Or buy 20BTC now and keep rolling it to make 100+ BTC.

I'm not sure what a sure fire way of growing 20BTC into 100BTC with trading, but its not too hard to do through other methods, since 20 years is kind of a very long time.


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BitmoreCoin
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November 01, 2015, 08:35:27 PM
 #917

If the price of bitcoin reaches $250k in 20 years, you will need about 10 bitcoin to enjoy the life of today's millionaire. That is because of the depreciation of US dollar.
extrabyte
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November 01, 2015, 08:51:05 PM
 #918

If the price of bitcoin reaches $250k in 20 years, you will need about 10 bitcoin to enjoy the life of today's millionaire. That is because of the depreciation of US dollar.

This is really too much for a coin to have a price of $250,000 of a single bitcoin not for now but not even after 20 years.

Starting from 1 bitcoin and keep increasing it as much as you can maybe somewhere around 100 bitcoins are enough to retire.
Tstar
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November 01, 2015, 08:52:08 PM
 #919

do the maths.



If this turns out to be true faucets are giving away millions of dollars!
Imagine that: how did you get rich, grandpa?
I was pressing "claim" and solving captchas!

 Grin

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Denker
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November 01, 2015, 09:05:54 PM
 #920

do the maths.



If this turns out to be true faucets are giving away millions of dollars!
Imagine that: how did you get rich, grandpa?
I was pressing "claim" and solving captchas!

 Grin

http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

On this website you can play a bit around to figure out how much 1 Bitcoin theoretically could be worth in presented key markets.
Nice tool to get an impression what could be possible concerning Bitcoin's value.
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