zodiac3011
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December 12, 2015, 01:55:13 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. yeah because you just buy some with bitcoin so yeah you still have some savings in fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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n691309
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December 12, 2015, 01:59:08 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. yeah because you just buy some with bitcoin so yeah you still have some savings in fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Retiring requires lots of money in real life but also in bitcoin, we can't guarantee that the bitcoin price will be 1million but higher than now probably.
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zodiac3011
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December 12, 2015, 02:15:44 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. yeah because you just buy some with bitcoin so yeah you still have some savings in fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Retiring requires lots of money in real life but also in bitcoin, we can't guarantee that the bitcoin price will be 1million but higher than now probably. the reward in 20 years may be really low so the value of bitcoin can be expected to be a little bit high ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) along with mass adoption I think ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Amph
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December 12, 2015, 03:05:03 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. yeah because you just buy some with bitcoin so yeah you still have some savings in fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Retiring requires lots of money in real life but also in bitcoin, we can't guarantee that the bitcoin price will be 1million but higher than now probably. maybe it will be one million, but the point is that it require a very long time, so there is possibility that you're died long before it happen, for whatever reason not only natural death one cannot certainly wait forever for the price to increase, there is a certain time frame to respect
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MRKLYE
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December 12, 2015, 03:09:12 PM |
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This is entirely dependent on what BTC prices look like in 20 years. BTC could be worth a fortune or nothing... All depending on what sort off issues BTC faces in the future and what new technology emerges in the next few years. My prediction is that BTC will be replaced by something faster and more secure and user friendly which will help in mass adoption. I guess we will see what the future holds. It's encredibly hard to call due to the fact our technology is evolving rapidly and not converged on moore's law yet.
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n691309
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December 12, 2015, 03:11:24 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. yeah because you just buy some with bitcoin so yeah you still have some savings in fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Retiring requires lots of money in real life but also in bitcoin, we can't guarantee that the bitcoin price will be 1million but higher than now probably. maybe it will be one million, but the point is that it require a very long time, so there is possibility that you're died long before it happen, for whatever reason not only natural death one cannot certainly wait forever for the price to increase, there is a certain time frame to respect I think that we mostly care as long as we are alive and want to see the price at that target but retiring with BTC1 - BTC10 is not enough
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jt byte
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December 12, 2015, 03:16:17 PM |
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It depends on where you live and how much bitcoin will be worth for yo in 20 years. Some bitcoin owners are able to pay their monthly bills with only collecting satoshi.
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azguard
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December 12, 2015, 05:34:31 PM |
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you can work in real life and use the money you earned to buy BTC as the price of bitcoin will surely increase there's nothing to worry about at all ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) For now it is good because the price is as we want increasing but when the price decreases then it's not good, but at the end its like investing in bitcoin for a better profit, for now i think 200btc maybe will help retiring. 200 may be little more will be better but who can predict economy in 20 years i would like that 1 btc be enought but that will be impossible
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HarryKPeters
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December 12, 2015, 06:13:07 PM |
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For an first world country you would need more offcourse. For me i think getting 100 bitcoin would safeguard a very wealthy pension. Offcourse i save money on my pension on other plans too. Never bet on 1 horse ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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bitcoin-hunter
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December 12, 2015, 06:39:15 PM |
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For an first world country you would need more offcourse. For me i think getting 100 bitcoin would safeguard a very wealthy pension. Offcourse i save money on my pension on other plans too. Never bet on 1 horse ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Yeah that might be true that 100 bitcoin is safe to have in 20 years. Just don't forget that bitcoin can go low also so always have a back up plan just don't do all your money in to bitcoin. But good plan is really nice I hope in the future bitcoin will increase.
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European Central Bank
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December 12, 2015, 07:03:25 PM |
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Isn't this thread more of a roundabout way to guess future values? Anyway I would balance what was attainable now with future gains. I would go for 75-100 coins. That might be incredible overkill but that not gonna hurt, right?
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funkenstein
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December 13, 2015, 04:20:57 AM |
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You need zero bitcoins to retire in 20 years. You also need zero bitcoins to retire now.
Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing. Congratulations on your retirement.
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Blue_Tiger73
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December 13, 2015, 04:22:40 AM |
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.
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Blue_Tiger73
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December 13, 2015, 04:34:23 AM |
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You need zero bitcoins to retire in 20 years. You also need zero bitcoins to retire now.
Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing. Congratulations on your retirement.
What the hell is this. This makes absolutely no sense. He wants to retire with some money, you know that right?
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funkenstein
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December 13, 2015, 05:24:51 AM |
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You need zero bitcoins to retire in 20 years. You also need zero bitcoins to retire now.
Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing. Congratulations on your retirement.
What the hell is this. This makes absolutely no sense. He wants to retire with some money, you know that right? No I don't know that. So you're saying the question is "how much money do I need to have some money?" ? The question is broken any way you look at it. Just retire if that's what you want to do. If you have something else you want to do that requires some assets, then figure out how to get them and do it.
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Amph
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December 13, 2015, 09:29:36 AM |
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You need zero bitcoins to retire in 20 years. You also need zero bitcoins to retire now.
Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing. Congratulations on your retirement.
What the hell is this. This makes absolutely no sense. He wants to retire with some money, you know that right? No I don't know that. So you're saying the question is "how much money do I need to have some money?" ? The question is broken any way you look at it. Just retire if that's what you want to do. If you have something else you want to do that requires some assets, then figure out how to get them and do it. the point is that bitcoin is already an investment and there are high chance that it will grow in the future this question is done, because surely he can not retire with fiat, so he decided to invest in a probably high profitable new money system(bitcoin) that will give him the chance to retire but he don't know how many he should have, because the future of bitcoin is uncertain
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helloeverybody
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December 13, 2015, 09:34:11 AM |
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.
I'd actually be interested to see a graph of where we would be in ten years going by current rates, everyone usually throws these things about. Anyone have one?
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avw1982
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December 13, 2015, 10:34:34 AM |
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.
I'd actually be interested to see a graph of where we would be in ten years going by current rates, everyone usually throws these things about. Anyone have one? According to Satoshi's prediction Bitcoin price will reach upto 10000$ which can equal the 1 BTC. I think after 20 years Bitcoin may reach that. then savings upto him and his personal needs. But I feel this Unwanted question in this time and He can post after 20 years...LOL
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azguard
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December 14, 2015, 07:34:18 AM |
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.
I'd actually be interested to see a graph of where we would be in ten years going by current rates, everyone usually throws these things about. Anyone have one? in 10 years we may have stable price around 1000$ +/- maybe 100$ range it only speculation by me also price may be higher or lower and we can't predict economy in 10 and less in 20 we speculate on btc halving
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DimensionZ
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December 14, 2015, 09:08:52 AM |
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Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
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