ASHLIUSZ
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August 06, 2016, 05:59:06 PM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins. I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies.
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anthonydar
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August 07, 2016, 11:41:10 AM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins. I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies. It will take several decades for the bitcoin to be a world reserve currency. By that time, the price will be $1 m each.
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angryswamp
Sr. Member
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August 07, 2016, 12:26:31 PM |
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you would need something like 300 bitcoins in order to retire in 20 years
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tygeade
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August 07, 2016, 12:34:04 PM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins. I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies. Bitcoin economy is underdeveloped at a moment but it will not be the same after 20 years till that time bitcoin would have become more popular and would be used everywhere.
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azguard
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August 08, 2016, 06:10:25 AM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins. I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies. Bitcoin economy is underdeveloped at a moment but it will not be the same after 20 years till that time bitcoin would have become more popular and would be used everywhere. in that case we will need less coin to have for our retirement isnt that true maybe it will be so popular that it will take for all of us to have some small amount and to have decent retirement
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groll
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August 08, 2016, 06:47:56 AM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin.
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Xester
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 10, 2016, 09:06:19 AM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin. Certainly! It would not be based on how many bitcoins should you have but it would depend on how much would be the value of bitcoins for the next 20 years. It may or may not goes up. Better not to focus only on bitcoins as your investment but try some other things like having a job. Buying stocks or having a mutual fund is also nice thing to do to secure your retirement.
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mirakal
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August 10, 2016, 09:39:21 AM |
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For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.
After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin? yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have, I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin. Certainly! It would not be based on how many bitcoins should you have but it would depend on how much would be the value of bitcoins for the next 20 years. It may or may not goes up. Better not to focus only on bitcoins as your investment but try some other things like having a job. Buying stocks or having a mutual fund is also nice thing to do to secure your retirement. Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
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AlphaSun
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August 10, 2016, 05:04:27 PM |
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Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.
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coszy
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August 10, 2016, 05:11:51 PM |
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Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times. To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash.
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shane
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August 10, 2016, 05:24:09 PM |
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Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times. To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash. I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k
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kreskko
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August 10, 2016, 06:04:27 PM |
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Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times. To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash. I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k Maybe you're right. Although this year I do not think that bitcoin will break the barrier of $ 1,000. Judging by the price spikes, the most is $ 800
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Ziskinberg
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August 11, 2016, 03:58:32 AM |
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Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.
I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times. To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash. I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k Maybe you're right. Although this year I do not think that bitcoin will break the barrier of $ 1,000. Judging by the price spikes, the most is $ 800 Maybe it will happen but we still need to more optimistic with the price. $1,000 is possible if there is an abrupt increase of the adopters and it will be back by the whales to play with the price, we have seen that in the previous month where the increase is really good so it could happen also.
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azguard
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August 11, 2016, 06:50:02 AM |
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believe that best way is to make some sum in dollars then you can calculate how many btc you need or just aim for some number and then you will be happy in 20 years we dont know what the price will be
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stromma44
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August 11, 2016, 06:57:12 AM |
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believe that best way is to make some sum in dollars then you can calculate how many btc you need or just aim for some number and then you will be happy in 20 years we dont know what the price will be
Exactly we cannot judge what will be the price after 20 years, so we should make efforts in collecting as much coins possible at a moment, so even if price is not too high, more number of coins will take care of us.
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mishra1994
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August 11, 2016, 07:00:50 AM |
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buying bitcoin to plan for the expenses after retirement which is going to happen after 20 years is not a good idea at all.Nothing can be said that what will happen after the 20 long years and specially with bitcoin,i think other investment would be more good like in any business.
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Mr. Big
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August 11, 2016, 07:38:29 AM |
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buying bitcoin to plan for the expenses after retirement which is going to happen after 20 years is not a good idea at all.Nothing can be said that what will happen after the 20 long years and specially with bitcoin,i think other investment would be more good like in any business.
Yeah, 20 years is way too far from now but of course we should have a plan since that time we cannot work anymore, we should have a sufficient fund for everything that we need... I think we should go 50/50...50% bitcoin and 50% fiat, just to make sure our fund will not fold when we can't work anymore just in case one of those fail... In terms of business, I think we must still go with opening a business that accepts both, it's all we need to survive old age... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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BitcoinPC
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August 12, 2016, 10:20:32 AM |
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buying bitcoin to plan for the expenses after retirement which is going to happen after 20 years is not a good idea at all.Nothing can be said that what will happen after the 20 long years and specially with bitcoin,i think other investment would be more good like in any business.
Also if we safe our bitcoins specially for our retirement, and after 20 years we saw suddenly bitcoin has been dead so we are also dead before retirement. So look at bitcoin is a crypto currency, and a mostly people are using it because of its price down and up, if after 20 years bitcoin price down, because in that time a lot of crypto currency would be come. So don't go in long term period, but now bitcoin is best so use it day to day.
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ronaldo40
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August 12, 2016, 10:43:51 AM |
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buying bitcoin to plan for the expenses after retirement which is going to happen after 20 years is not a good idea at all.Nothing can be said that what will happen after the 20 long years and specially with bitcoin,i think other investment would be more good like in any business.
Also if we safe our bitcoins specially for our retirement, and after 20 years we saw suddenly bitcoin has been dead so we are also dead before retirement. So look at bitcoin is a crypto currency, and a mostly people are using it because of its price down and up, if after 20 years bitcoin price down, because in that time a lot of crypto currency would be come. So don't go in long term period, but now bitcoin is best so use it day to day. you are right, bitcoin uncertain future, so we can not expect the pension fund of bitcoin. better keep making gains every day, and you store most of the profits for the future in the form of fiat. so it is safe, if the future of something bad happening with bitcoin.
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mirakal
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August 13, 2016, 03:23:43 AM |
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buying bitcoin to plan for the expenses after retirement which is going to happen after 20 years is not a good idea at all.Nothing can be said that what will happen after the 20 long years and specially with bitcoin,i think other investment would be more good like in any business.
Also if we safe our bitcoins specially for our retirement, and after 20 years we saw suddenly bitcoin has been dead so we are also dead before retirement. So look at bitcoin is a crypto currency, and a mostly people are using it because of its price down and up, if after 20 years bitcoin price down, because in that time a lot of crypto currency would be come. So don't go in long term period, but now bitcoin is best so use it day to day. you are right, bitcoin uncertain future, so we can not expect the pension fund of bitcoin. better keep making gains every day, and you store most of the profits for the future in the form of fiat. so it is safe, if the future of something bad happening with bitcoin. Of course that is right, you cannot expect it as your pension because we cannot ascertain the future and that is too bad if you rely your full investment with bitcoin. It is good to trust but do not put all your money in investing with bitcoin as it could collapse anytime like what happen in the past.
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