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Author Topic: How many bitcoins do I need to retire in 20 years?  (Read 320352 times)
Hashminers
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December 14, 2015, 09:55:50 AM
 #1261

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.

Well we can't be sure with 10.000 dollars in the future.
It can happen, but we don't know if it will be true. Bitcoin is not always stable so yeah.
But true bitcoin will rise in 20 years maybe more than 5K dollars 10K dollars we need just to see if it happens.
zodiac3011
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December 14, 2015, 03:25:46 PM
 #1262

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin
jt byte
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December 14, 2015, 04:10:49 PM
 #1263

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
zodiac3011
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December 14, 2015, 04:14:49 PM
 #1264

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast
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December 14, 2015, 04:31:13 PM
 #1265

I wanted to gather bitcoin 1500 to 20 years in the future, perhaps at the time bitcoin prices have been very high, perhaps the price of 1 BTC = 1000$  Cheesy

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greBit
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December 14, 2015, 06:07:44 PM
 #1266

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast

Lol $10000 is like dreaming with eyes open yes 2000 - 5000 sounds possible and yes you just stole my words it could be possible if there is some world event about Bitcoin.
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December 14, 2015, 06:35:24 PM
 #1267

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.

What makes you think $10000 (whatever that might mean to you, lets say quality M0 notes) will be worth anything in even 5 years?   

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December 14, 2015, 06:37:24 PM
 #1268

Diversify.
bitcoin-hunter
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December 14, 2015, 07:24:11 PM
 #1269

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast

Lol $10000 is like dreaming with eyes open yes 2000 - 5000 sounds possible and yes you just stole my words it could be possible if there is some world event about Bitcoin.

This price is more realistic than 10.000 dollars , what we can do know is just to see what will happen in 20 years maybe we are wrong or right. I hope we are right so that people who have bitcoin will be a good gift for us Cheesy.
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December 14, 2015, 07:44:44 PM
 #1270

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Everyone hopes that this will become try but there are many factors to have such an increase of bitcoin price, like implementing more countries.
HarryKPeters
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December 14, 2015, 08:16:32 PM
 #1271

I don't see a 10k happening anytime soon. At most maybe 3k. Which is just huge.
With that in mind, 333 bitcoin would give you around 1M from which you can live a wealthy pension

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December 14, 2015, 08:18:55 PM
 #1272

Noone knows.. but maybe 1btc will someday be enough to retire (Keep in mind.. thats 1/21.000.000 of ALL BTC theoratically available

blackmachinegun
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December 15, 2015, 06:59:44 AM
 #1273

You only need to save 0.1-1 BTC is enough, why?
because bitcoin prices will explode in the future

1 btc = $5000
 Grin
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December 15, 2015, 07:02:04 AM
 #1274


The price of Bitcoin has changed a lot in the past few years. This makes it very difficult to estimate how many Bitcoins people will need for retirement, especially as this topic is talking about the next 20 years. Currencies are highly unpredictable, especially with digital cryptocurrencies. You might think you have saved up enough, and then when you reach there, the price drops. That won't be good. Saving up more than you need would be much better. Although this can be kept in mind, we cannot predict how much you would need for retirement. The price just changes too much.
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December 15, 2015, 10:07:18 AM
 #1275

as much as you can get. all know the price bitcoin in the future will surely grow big
set aside 10% of your income in bitcoin. to keep you in 20 years to come

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December 15, 2015, 10:21:03 AM
 #1276

save your earning maybe 0.05/week in 20years you will have ~50btc and i think it's enough
now im trying save 0.07/week i hope i can hold it in 20years too  Cheesy


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December 15, 2015, 11:33:37 AM
 #1277

Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

mining alt is currently profitable i assume it will be in 20 years cuz we have some new coin all the time
also think that all use merge mining and transfer to most profitable it will be like this in 20 years to



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December 15, 2015, 02:25:01 PM
 #1278

save your earning maybe 0.05/week in 20years you will have ~50btc and i think it's enough
now im trying save 0.07/week i hope i can hold it in 20years too  Cheesy

This is some awesome strategy, how much bitcoins are you buying weekly or monthly than? Because for me I can afford buying that much bitcoins. I am just trying to get every week  0.01 so that I have something in my wallet.
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December 15, 2015, 04:48:40 PM
 #1279

Yeah try to save around 0.05 btc every week and you will see in 2 decades you will be a very wealty man.
Remember patience is a bliss. So don't  get lured into (panic) selling.

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December 15, 2015, 07:52:59 PM
 #1280

It's probably good to have 3-5 BTC just in case. Also it's wise to diversify to promising alts. I think some alts will also survive well into the future.

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