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

[romjpn]

10 bitcoins I'd say (100k of today $ worth).

[STT]

You're wrong,

You wont even need a full Bitcoin.

This is correct, if we are seriously discussing 20 or 30 years 'retirement'     Either bitcoin will exist at that point and be used, have worth exchanged in various retail trades or it will be dust in the wind.

If BTC really is being used in 20 years its going to be worth a ton, 21 million vs billions of people, even if only 1% of those are using it makes that system of worth alot per coin.   1 bitcoin will be all you need, I concur :p

[davinchi]

You're wrong,

You wont even need a full Bitcoin.

This is correct, if we are seriously discussing 20 or 30 years 'retirement'     Either bitcoin will exist at that point and be used, have worth exchanged in various retail trades or it will be dust in the wind.

If BTC really is being used in 20 years its going to be worth a ton, 21 million vs billions of people, even if only 1% of those are using it makes that system of worth alot per coin.   1 bitcoin will be all you need, I concur :p

I agree only less than one bitcoin is enough to retire after 20 years from now. With respect to current development and acceptance of bitcoin may expect more and more development in next 20 years. So one bitcoin worth more than one million dollars. So one million dollars is more than enough as the retirement fund.

[7788bitcoin]

I think you will only need 5-10 BTC. I am working towards this goal!

[azguard]

10 bitcoins I'd say (100k of today $ worth).

reasonable amount considering how much would price change i would say the same range between 10-20
if price comes to 5 digits cool nice retirement

[hangar18]

21 is indeed a perfect number. 21 million total coins, only 1 million people in the world will own 21 coins. This is definitely a good position to be in if bitcoin makes it huge in the next decade

[mixan]

You're wrong,

You wont even need a full Bitcoin.

This is correct, if we are seriously discussing 20 or 30 years 'retirement'     Either bitcoin will exist at that point and be used, have worth exchanged in various retail trades or it will be dust in the wind.

If BTC really is being used in 20 years its going to be worth a ton, 21 million vs billions of people, even if only 1% of those are using it makes that system of worth alot per coin.   1 bitcoin will be all you need, I concur :p

I agree only less than one bitcoin is enough to retire after 20 years from now. With respect to current development and acceptance of bitcoin may expect more and more development in next 20 years. So one bitcoin worth more than one million dollars. So one million dollars is more than enough as the retirement fund.

Why not safe guard yourself and have more than 1? You never know, they might impose a tax in the future if you hold more than a certain amount. It is the future so who knows but always prepare some kind of trust fund for a rainy day is my motto and it has served me well in any financial situation I have faced so far.

[HarryKPeters]

If bitcoin will be established.... 1 satoshi will be enough

If all the quadrillions of $ of derivatives and the total debt based instruments would be denominated in BTC, then 1 satoshi would be enough.

LOL.

Weird thing is you are totally right..

[dragonusa9]

maybe $5 ~ $15
just speculate that bitcoin in 20 years in future will be $1000/1BTC
maybe you just live in small cozy house, and not in luxury

[STT]

Why not safe guard yourself and have more than 1? You never know, they might impose a tax in the future if you hold more than a certain amount. It is the future so who knows but always prepare some kind of trust fund for a rainy day is my motto and it has served me well in any financial situation I have faced so far.

Because its not a certainty and it is possible for BTC to have no value.    Its fairly certain gold will go up in value, why not have alot of that; the main reason is gold is not a useful product (by itself) and literally it can weigh you down if price falls its a liability.  
  The same question faced people in the housing boom, if 1 house will rise in value then why do you only own 1 house, why not 2, 3 or more.  Really its the same answer, you only need 1 house and prices can fall for 10 years maybe and you have the problem of paying bills on all those things you dont need or use meanwhile.   Of course people buy too much, then sell altogether at a loss which is a main cause of longer low prices and price spikes.

Basic conclusion is dont over invest in anything and definetly not purely bitcoin alone, not many of us absolutely require to have alot so its just speculation or gambling.    If you are already rich then sure buy a few as pocket change for a rainy day, compound interest on mortage debt often makes that most compelling for average people

[leex1528]

You're wrong,

You wont even need a full Bitcoin.

This is correct, if we are seriously discussing 20 or 30 years 'retirement'     Either bitcoin will exist at that point and be used, have worth exchanged in various retail trades or it will be dust in the wind.

If BTC really is being used in 20 years its going to be worth a ton, 21 million vs billions of people, even if only 1% of those are using it makes that system of worth alot per coin.   1 bitcoin will be all you need, I concur :p

I agree only less than one bitcoin is enough to retire after 20 years from now. With respect to current development and acceptance of bitcoin may expect more and more development in next 20 years. So one bitcoin worth more than one million dollars. So one million dollars is more than enough as the retirement fund.

I completely disagree with this.  You think Bitcoin is going to be worth over 4million dollars per coin in 20 years?  Whatever you are smoking put it down.  That is such a huge increase from the price today it is almost a joke.  Like I said, I think you will need roughly 1000-2000 coins to retire

[richardsNY]

If bitcoin will be established.... 1 satoshi will be enough

If all the quadrillions of $ of derivatives and the total debt based instruments would be denominated in BTC, then 1 satoshi would be enough.

If that's going to be the truth in the future I will have to search through my hdd's to find old wallet.dat files with around 5000-20000 satoshi's each 

[tobacco123]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

[leex1528]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

So you are saying 11-22 BTC we will need?  I highly think that is wrong.  You think the average price of Bitcoin in 20 years will be 227,000 dollars per coin?  ha.

[oblivi]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

So you are saying 11-22 BTC we will need?  I highly think that is wrong.  You think the average price of Bitcoin in 20 years will be 227,000 dollars per coin?  ha.

Perfectly possible, only a small amount of fiat needs to enter the market. Look at this video called "is a $100.000 Bitcoin possible?"

https://www.youtube.com/watch?v=g2nXgK34HIM

So yeah, with 100K a Bitcoin and 22 BTC you would have more than 2 million dollars, enough to retire in a non expensive place and live off interests. Of course, anyone selling 100% of their Bitcoins for fiat is insane. So when you plan to retire just sell 50% and save the rest.

[leex1528]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

So you are saying 11-22 BTC we will need?  I highly think that is wrong.  You think the average price of Bitcoin in 20 years will be 227,000 dollars per coin?  ha.

Perfectly possible, only a small amount of fiat needs to enter the market. Look at this video called "is a $100.000 Bitcoin possible?"

https://www.youtube.com/watch?v=g2nXgK34HIM

So yeah, with 100K a Bitcoin and 22 BTC you would have more than 2 million dollars, enough to retire in a non expensive place and live off interests. Of course, anyone selling 100% of their Bitcoins for fiat is insane. So when you plan to retire just sell 50% and save the rest.

I doubt you will be able to retire with 2 million dollars in 20 years.  And since you are keeping 50% you are trying to retire off of 1million dollars.  Good luck with that.    I am not saying 100,000 Bitcoin is not possible.  I just don't think we will see it in 20 years.

[BitmoreCoin]

I doubt you will be able to retire with 2 million dollars in 20 years.  And since you are keeping 50% you are trying to retire off of 1million dollars.  Good luck with that.    I am not saying 100,000 Bitcoin is not possible.  I just don't think we will see it in 20 years.

If bitcoin is still there in 20 years, it will be very big. It could be the first or second largest reserve currency. So $100k per bitcoin is possible.

[azguard]

If bitcoin is still around in 20 years, I agree that 1-2 BTC will be sufficient for average living expenses for your retirement. However, medical expenses will be expensive and I guess 10-20 BTC should be able to do that.

So you are saying 11-22 BTC we will need?  I highly think that is wrong.  You think the average price of Bitcoin in 20 years will be 227,000 dollars per coin?  ha.

ha nice guess if this may be but in that case one would be nice
two if need in some worst case

[FabioDelcatto]

Waw! That is really a smart Idea to retire with 2 or more BTC.

I think I will buy some bitcoin for this plan.

[n3rvi0zz0]

lets say in 20 years a solar storm brake all our systems and we cant produce anymore electricity, then bitcoin is totally worthless i mind, if you wanna be safe about your retirement open a big hole under your house and keep there dollars pounds gold and of course just in case a paper wallet  .

Trusting just on bitcoin to deal with your future its a bad idea.

we can suppose a lot of things but in fact are this suppositions.



Bitcoin price in 20 can be 10000$ per coin but no more