Do I have cheap coins?

[Kontridder]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

[CryptoCarmen]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

You will never have 1 million bitcoins, unless you are really rich guy.

[3x2]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

You will never have 1 million bitcoins, unless you are really rich guy.

He is asking will he be a millionaire in USD not in Bitcoins 

[ask]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

2024-2028

[podyx]

470 is a pretty good price

You will need $100k/btc to be a millionaire and I reckon that it has a pretty good chance to reach that number within 10 years, maybe less
I still would recommend buying more though

[Elwar]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

You will never have 1 million bitcoins, unless you are really rich guy.

He is asking will he be a millionaire in USD not in Bitcoins 

If that is the goal of using Bitcoin, then you will be poor your whole life.

"How do I use this BitTorrent thing to transfer my Amazon movies I paid for from one computer to another?"

"When this automobile thing takes off will we be able to travel further to buy better horses?"

"If these aeroplane things work, we can use it to oversea the train track construction from above."

[Torque]

To the OP, how fast you become a bitcoin millionaire really depends on HOW MANY (er, how much) you bought.  Not what you paid per coin.  

Also, stop thinking in terms of whole coins.  Start thinking in amounts.  Like, "Right now I own $3380 worth of bitcoin."  Or "I own 10/21 millionth the entire amount of bitcoin there will ever be."

[jaredboice]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

I think we could hit $100,000 USD (in today's value) per BTC before the ball drops on 2019.  Someone want to quote me? 
I'm not sure if we'll hit a million, but the honey badger is definitely going to give the moon a shot (and maybe fly right by).  If that goes down, I'd say it could happen in less than 7-8 years.  And I think I'm being conservative with both of my projections.

[touhonoob]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

I think we could hit $100,000 USD (in today's value) per BTC before the ball drops on 2019.  Someone want to quote me? 
I'm not sure if we'll hit a million, but the honey badger is definitely going to give the moon a shot (and maybe fly right by).  If that goes down, I'd say it could happen in less than 7-8 years.  And I think I'm being conservative with both of my projections.

The unit of bitcoin would be changed to XBT (1/1,000,000 BTC)
It's rational that 10 XBT = 1 USD

[blade87]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

I think we could hit $100,000 USD (in today's value) per BTC before the ball drops on 2019.  Someone want to quote me? 
I'm not sure if we'll hit a million, but the honey badger is definitely going to give the moon a shot (and maybe fly right by).  If that goes down, I'd say it could happen in less than 7-8 years.  And I think I'm being conservative with both of my projections.

The unit of bitcoin would be changed to XBT (1/1,000,000 BTC)
It's rational that 10 XBT = 1 USD

Deal.

[maker88]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

prbly not you seem very emotional about price swings so you're likely to panic long before anything rewarding happens to you.

[fewcoins]

Wow everyone has such huge goals so soon... No wonder the market drops 70% over 11months. All you guys do is get scarred as fuck every price move. 

[pinksheep]

mine average around $650 if I remember correctly & I have no intention of selling  It's to the moon or bust for me 

[rocks]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

After a few years you only after to state which year you bought.

For example today saying "I bought 10btc in 2011 (or '10 or '12)" is close enough to ballpark your gains.

In 2020 you'll simply say "I bought 10btc in 2014" and everyone will say how lucky you are.

[XxionxX]

It's alright. I would take some profit around $1k+ because 100% gain is pretty bank.

[Outlander]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

If you believed that the price will rise, buy more and one day you will be millionaire. But if you didn't, just forget your 10 btc, and time will give you the answer.

[nextblast]

10 BTC is a decent investment. Chances are not that small. Just keep on buying when you have spare money.

[Leina]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

These are expensive coin. Either sell now before the next crash, or slowly watch  it become worthless one day.

[desticy]

I am going to buy some Bitcoins, when Bitcoin fell back to $350 again, I think you can take abou it.

[Wilhelm]

I bought 10btc at 470 dollars , are those 'dem cheap coinz' ?
Will I be a millionaire one day?
Kind regards.

You will never have 1 million bitcoins, unless you are really rich guy.

He is asking will he be a millionaire in USD not in Bitcoins 

If that is the goal of using Bitcoin, then you will be poor your whole life.

"How do I use this BitTorrent thing to transfer my Amazon movies I paid for from one computer to another?"

"When this automobile thing takes off will we be able to travel further to buy better horses?"

"If these aeroplane things work, we can use it to oversea the train track construction from above."

As long as products aren't all priced in BTC your analogies are fun but useless.

- When BitTorrent started you couldn't find all movies there so you had to buy movies at Amazon.
- When Henry Ford made the automobile the roads were crap and the mileage too so you could go farther with a horse.
- When the Wright brothers took off they could fly for seconds. Let alone intercontinental flight. We still don't fly every day.

Looking at more recent inventions like the electric car. It's a great invention and the technology and infrastructure is now available making it usable.

As long as the infrastructure isn't big enough, Bitcoin will not be the major payment system.
Don't take me wrong we will get there but it will take quite a long time .