How Many BTC Do You Guys Class As A Lot?

[johnyj]

1 BTC is already A LOT， the upper limit is SATOSHI-USD parity, means 1BTC is 100 million USD, and after that the protocol will be upgraded to add more zeroes 

[minimalB]

I think any number between 2.1 and 210BTC is great.

[sbrzol]

I think any number between 2.1 and 210BTC is great.

211 

[ask]

2100 BTC is enough for modest living.

[seljo]

5KBTC would be alot.

[oda.krell]

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".

Best answer so far. (Paraphrasing) Basically: two ways to define 'a lot of BTC' - (1) BTC holding relative to your total net worth, or (2) your BTC relative to all BTC in existence.

One addition to your addition to the statement "only people that got in early can have a lot" ... you correctly point out that getting in super early is not sufficient to be big now (i.e. if you sold too early). I'd like to add that it's not necessary either, either by someone with a high non-BTC net worth buying in big now (the boring case), or by trading your way to a larger share of BTC (the less boring, but frequently dismissed as "gambling" case).

[adpinbr]

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".

WHy would you panic dump if you consider it a bottom? I do agree tops are hard to call tho..

[Dalmar]

Depends on the $ value of BTC. IMO, about $10K to $25K in BTC is a lot for the average person in developed/western countries. If they have more than that, they are probably overinvested in bitcoin and not diversified.

[Torque]

Just remember this:  If 21M people suddenly all wanted 1 BTC each, they could not have it.  If 13M people suddenly all wanted 1 BTC each, they could not have it.

There are 7.1B people in the world.  The number of people that will actually be able to acquire a whole BTC is staggeringly miniscule.

So get them now while you still can, hold them for years, and you'll be the new 1% -ers of the future.

[smalltimer]

the lower the price the higher this number.

[o_o]

100 Bitcoin is a good quantity (around 35.000$), and I consider a great quantity up to 10.000 bitcoin. 100.000 Bitcoin is a quantity for the richest holders of bitcoin 

[zoukenn]

Up to 25.000 bitcoin I class every bitcoin owner like a future billionaire. Down it, its only a good amount, not a big amount.

[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".

WHy would you panic dump if you consider it a bottom? I do agree tops are hard to call tho..

Heh got me there You are right of course, panic selling only happens at what one considers a local top, too But the point holds: the hardest part is to make sure your BTC total does not go down with time, but up.

[Wilhelm]

>BTC21

[bitkilo]

50 BTC would be a nice amount to sit on.

[DeadCoin]

At this times, everything above 0 is too much.

[abercrombie]

Everything is relative, but for me over 100 BTC would be over extending myself too much in one asset (basket).  

[biggus dickus]

the lower the price the higher this number.

You mean like 10000 wasn't many when they were only worth a pizza?

[montreal]

I would consider 10+ btc a lot

[Pente]

1000

You wouldn't be a millionaire in $US, but you could spend some without worrying until it takes off in value.