Omegasun
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June 09, 2016, 08:01:34 AM |
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In 20 years, the price of each bitcoin will be $250,000 each. So To retire happily in my country, I just need 20 bitcoins.
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The_prodigy
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June 09, 2016, 08:28:54 AM |
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In 20 years, the price of each bitcoin will be $250,000 each. So To retire happily in my country, I just need 20 bitcoins.
Your dream is impossible but there is no bad to have a dream.. for me that price is impossible maybe it will happen because bitcoin is unpredictable.. As my speculation in 20 years the value of bitcoin should be $3k-$5k value after 20 years.. this is i think possible price in the future..
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janggernaut
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June 09, 2016, 08:41:54 AM |
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In 20 years, the price of each bitcoin will be $250,000 each. So To retire happily in my country, I just need 20 bitcoins.
Your dream is impossible but there is no bad to have a dream.. for me that price is impossible maybe it will happen because bitcoin is unpredictable.. As my speculation in 20 years the value of bitcoin should be $3k-$5k value after 20 years.. this is i think possible price in the future.. lol $250k? yea, for me its sounds impossible too, but nothing is impossible in this world. its depends from what value of btc and how much money you need, all you need is starting to buy and hold btc for now, because many people assumed if value of btc will be going higher in the future.
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bitcoin-hunter
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June 09, 2016, 08:47:34 AM |
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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?
You now that it all depends on the price but I think that you will be save if you have somewhere around 100 Bitcoins. That will be enough to live nice and relaxed in the future.
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ronaldo40
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June 10, 2016, 06:29:16 AM |
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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?
You now that it all depends on the price but I think that you will be save if you have somewhere around 100 Bitcoins. That will be enough to live nice and relaxed in the future. it is difficult to predict what will happen 20 years from now in bitcoin. I think quite a risk as well, I do not worry if you have to wait very long, and the result was disappointing. better to make profits productively. but if you want to do that, it's not a problem with the risk that is ready to take.
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Dwelach
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June 10, 2016, 02:13:53 PM |
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You will need a lot and that is because you have to know that the value of Bitcoin will always change and that is the problem and also the most risky thing. Of course it will be really hard to know what is going to happen with Bitcoin itself but to earn money you have to take some risks.
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Farma
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June 10, 2016, 02:45:35 PM |
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You will need a lot and that is because you have to know that the value of Bitcoin will always change and that is the problem and also the most risky thing. Of course it will be really hard to know what is going to happen with Bitcoin itself but to earn money you have to take some risks.
Well, if you want to be rich in it then you do need bitcoin as much as possible. Everyone wants to have the BTC 100 or more at the time, but now we just need to work hard so that it can be realized
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thejaytiesto
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June 10, 2016, 02:47:12 PM |
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You will need a lot and that is because you have to know that the value of Bitcoin will always change and that is the problem and also the most risky thing. Of course it will be really hard to know what is going to happen with Bitcoin itself but to earn money you have to take some risks.
Well, if you want to be rich in it then you do need bitcoin as much as possible. Everyone wants to have the BTC 100 or more at the time, but now we just need to work hard so that it can be realized 100 BTC is way too much for 99% of people to buy at current price, it's simply too late to aim for 100, and as price goes higher it will be even harder. The good news is, 21 BTC goal to be part of 1 million club is still reachable with hard work and dedication and smart investments.
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Nimbulan
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June 10, 2016, 03:38:19 PM |
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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?
to live comfortably i think that you need to have atleast 5 bitcoins, as in 20 years i think that bitcoins price will be atleast 10000$, so you would have bitcoins worth of 50000$ and i think that with 50000$ you will have decent life, you won't be able to buy villa or very expensive car, but it will be enough for normal people living for long time
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n3o111
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June 10, 2016, 04:32:33 PM |
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I would get at least 10 Bitcoins to be on the safe side. However, i will buy these bitcoins from money that i can afford to lose. My retirement fund will be growing separately (retirement fund consists of blue chip stocks, Gold, Silver, Fixed deposits, Real Estate etc.,). I purchase Btc off the remains and earmark a small amount toward bitcoin each month in my entertainment fund. This way, even if BTC crashes, i am still protected as i would not have lost everything i have and my retirement fund would still remain intact. I am not a bear when it comes to bitcoin, but its better to be safe than sorry!
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n3o111
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June 10, 2016, 04:51:12 PM |
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It's almost impossible to answer this question for a multitude of reasons, but I'm attempting to get my total bitcoin holdings to 100 coins to save for the future and I'm almost half way there. Not expecting to get rich from them or anything but I think its a nice amount to have. I would certainly like to actually spend the coins in the future rather than cash them out as well so hopefully the appropriate merchants and infrastructure will be there in the future for me to do so.
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Zooplus
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June 11, 2016, 08:12:52 AM |
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It's almost impossible to answer this question for a multitude of reasons, but I'm attempting to get my total bitcoin holdings to 100 coins to save for the future and I'm almost half way there. Not expecting to get rich from them or anything but I think its a nice amount to have. I would certainly like to actually spend the coins in the future rather than cash them out as well so hopefully the appropriate merchants and infrastructure will be there in the future for me to do so.
That would happen mate, I am with your with saving your bitcoins. To be honest, I envy you because you almost reach your target already while me I am just beginning to save and have not earn a good profit yet, I wish you the best in the future and I hope that our bitcoins will have more value in the future.
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vitod
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June 11, 2016, 08:16:02 AM |
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After few years bitcoin price maybe $5000 or already replaced by other currency.
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Dux2K
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June 11, 2016, 08:16:47 AM |
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No one know some will want to have just one others 1001 Most will be good with 100 in 20 years price might be high enough for all
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jossiel
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June 11, 2016, 09:06:04 AM |
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After few years bitcoin price maybe $5000 or already replaced by other currency.
It will still depend on the price of bitcoin after 20 years. But if the bitcoin's price will reach to $5000. Maybe you just need only 1000 btc for that years and for sure even you don't work for it. It can suffice your needs for 20 years.
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DeDordtenaar
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June 11, 2016, 12:56:26 PM |
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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?
You now that it all depends on the price but I think that you will be save if you have somewhere around 100 Bitcoins. That will be enough to live nice and relaxed in the future. 20 years to come might be the price range of $1000-$2000 its just price estimate of me only you can create your predictrions own. then you can compare it with the cost of living in your country and in that year. then you can formulate bitcoin how much you need. I formulated that I need at least 500 BTC
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silentkiller
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June 11, 2016, 01:10:46 PM |
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After few years bitcoin price maybe $5000 or already replaced by other currency.
even if the price of bitcoin is 5000$ still not enough to replace the other currencies we all know, if we accept bitcoin as a currency, bitcoin must have a fixed price.
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Zooplus
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June 12, 2016, 05:54:56 AM |
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After few years bitcoin price maybe $5000 or already replaced by other currency.
even if the price of bitcoin is 5000$ still not enough to replace the other currencies we all know, if we accept bitcoin as a currency, bitcoin must have a fixed price. The price will always be not the reason to replace other currency but the value of the a certain currency, the value where we can benefit from using it and can beat the features of other currencies, with bitcoins we can transact fast and safe, the charges is really minimal and that is one of the essentials of bitcoin that is worth patronizing for.
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Vikingr
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June 12, 2016, 06:54:48 AM |
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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?
You now that it all depends on the price but I think that you will be save if you have somewhere around 100 Bitcoins. That will be enough to live nice and relaxed in the future. it is difficult to predict what will happen 20 years from now in bitcoin. I think quite a risk as well, I do not worry if you have to wait very long, and the result was disappointing. better to make profits productively. but if you want to do that, it's not a problem with the risk that is ready to take. yes you are right no one know that what will be the price of bitcoin in the next 20 years, but if people continued to support bitcoin and continued to adopt it for their transactions and businesses then I think it will have a great value at that time and he will live a good life with that.
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xIIImaL
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June 12, 2016, 07:05:14 AM |
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No one know some will want to have just one others 1001 Most will be good with 100 in 20 years price might be high enough for all
Yeah definitely our life style is an important factor on deciding the retirement amount then only we can decide how much We need for retirement. But here the actual prediction would be the price of bitcoin approximately on your retirement age. If you have more than enough bitcoins on your retirement you can lead a lavish lifestyle as a multi millionaire ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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