How Many BTC Do You Guys Class As A Lot?

[LFC_Bitcoin]

Question in the thread title?

[podyx]

500 (500kk bits ) or more

[Elwar]

21
210
2100

[Bitmore]

I am hoping 10 is enough to hold as long term but high risk investment.  Maybe a couple more to spend with.  I wish my employer would pay  me in it.

[Xian01]

500 (500kk bits ) or more

Was going to suggest the same; I would think anything over 500 BTC in holdings is very respectable.

[Elwar]

My goal is to have 21 million bitcoins.

[dnaleor]

210 is a lot imho

edit: and no, i don't own "a lot"

[Bitcopia]

500 (500kk bits ) or more

Was going to suggest the same; I would think anything over 500 BTC in holdings is very respectable.

A 500 BTC at today's price is more than a $150,000 investment in a very high risk asset that is like no other. There are very few people willing or capable of making this type of investment, and anybody with such holdings is either already very wealthy, or got in the BTC game very early.

I think anything over 50 BTC is a lot. That's over $15k at today's price. That amount also puts you at owning at a minimum .00024% of outstanding BTC. Today's market capitalization of Apple (AAPL) is $640,000,000,000. If Bitcoin achieves a similar market cap, which is quite reasonable, owning .00024% (50 BTC) would be worth $1,440,000 in today's USD. I would consider that "a lot."

[JeffDeChesare]

I think 200+ is enough. I have seen highrollers playing with a lot of it.

[biggus dickus]

I consider anything over $10 k worth a lot, and anything over $100 k worth a hell of a lot.

[piramida]

Question in the thread title?

Anything above 50% of your total wealth is a lot. Of course, there is no single answer since to some $10 is a huge amount and others snort through €500 bills...

but yeah, 21B at that point in time is a good goal for newcomers, while 210 or "Vladimir club" 2100 are mostly out of reach for common folk.

Also, to people who said that "only people who got in early can have that" - no, it's not enough - only people who can hold their shit together through extended periods of depressed prices, i.e. those who actually believe in fundamental value. So while it can be easy to get 2.1 or 21 right now, the hard part is to hold them for several years, not cashing all out at what you consider "tops" and not panic-dumping at what you consider "bottoms".

[o0o0]

i have 120.70 and it still doesnt feel like enough . wish i got in when my gut said do it. think the were 80$ AUD at the time.

i'll just get $400 AUD a week now from wage and hope im still early enough to have a respectable stash long term.

[solitude]

I've pondered this question often.

The best thing is making sure you have some

The next best thing is making sure you keep them in cold-storage or otherwise make sure they are in your possession at least 10 years from now.

[Johanna]

More then 100BTC is consider a lot.....

[chessnut]

I think 10BTC is a pretty smart number. it's a huge portion of a money supply limited to 21million.... did you know there are 12 million millionaires in the USA =O

However at this stage I would like to accumulate at least 50-100 simply because I still can. then I would feel rich.

[Fioraver]

hold 10 bitcoins forever!

[camelson]

For me 5 btc is a lot;) But one guy on PD make this 2k btc but this is impossible for me

[Vod]

3BTC!   It's what I keep in my hot wallet.  Never needed to spend more than that.

[lyth0s]

I think 10+ Bitcoins will prove to be a massive sum of wealth 5 years from now.

Remember that if just the worlds top 3% richest owned all the bitcoins that will ever be produced, their fair share would only be 0.0875 bitcoins each!

If everyone in the world gets an even share of coins, then everyone would only have 0.00265 bitcoins!


And that is assuming that all 21 million coins have been mined.

[GreenCoin22]

My goal is to have 21 million bitcoins.

Hey greedy, don’t fret
What you see is what you get!
You name it, I haven't it
What you see is what you get!