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Author Topic: How much Bitcoin do you think you would need to hold to become a millionaire?  (Read 3523 times)
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January 15, 2015, 11:39:43 PM
 #1

if we are going to put usd value to bitcoin how much do you think you would need to hold in btc to become a millionaire in the next 5 years?
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January 15, 2015, 11:42:20 PM
 #2

if we are going to put usd value to bitcoin how much do you think you would need to hold in btc to become a millionaire in the next 5 years?
This will require you to buy 5 bitcoin today.  Buy 5 bitcoin, hold them, sell them in 5 years - you will have over a million.  No problem.

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January 15, 2015, 11:42:45 PM
 #3

at least 1000.

R


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January 15, 2015, 11:44:37 PM
 #4

A tad over 5,000 today.

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January 16, 2015, 01:25:34 AM
 #5

A tad over 5,000 today.
^^^ Didn't understand the question.  Has trouble reading and tying shoes.  But otherwise a real nice guy.

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January 16, 2015, 01:28:20 AM
 #6

I'd go with....

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January 16, 2015, 01:29:55 AM
 #7

I'd go with....

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I think the right answer is - in order to be a millionaire, you'll need 1 million. 

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January 16, 2015, 01:30:26 AM
 #8

5 million bitcoins might be worth 1 million dollars in 5 years.
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January 16, 2015, 01:39:32 AM
 #9

About 100

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January 16, 2015, 01:44:35 AM
 #10

1

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January 16, 2015, 02:07:31 AM
 #11

more than 1000
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January 16, 2015, 02:16:22 AM
 #12

if we are going to put usd value to bitcoin how much do you think you would need to hold in btc to become a millionaire in the next 5 years?

go to work first and then you can dream.

if you rely your life  on Bitcoin....pffff  LOL
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January 16, 2015, 02:29:44 AM
 #13

If all goes well, I think 100 should be sufficient. Might take 10 years.
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January 16, 2015, 02:31:40 AM
 #14

I'd say 100 bitcoins should enough

I wish it too
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January 16, 2015, 04:06:14 AM
Last edit: January 16, 2015, 04:33:30 AM by Chef Ramsay
 #15

I'd say the average optimist or bull, or there abouts, would presume that $5-10k a coin should be a reality during the next normal rally (ie. not like the one that happened last spring). So, place your bets on when that'll be, ya know w/ the ETFs and all the related boosting that would happen during such a time. This year, maybe, the following- perhaps more likely. Nobody knows when the next surprise factor will take place and most people aren't trying to discredit themselves nor their account here by looking at the stars and signing off on a date. We could be on the cusp of a weird upside-to sideways- to upside and again movement before going moon (see, not trying to get the future to look back negatively on me Wink ) and then whatever else. If the past was a guide and we all know how that goes, we'll get my opening statement sometime this year or next and you'll need around 100 bitcoins to reach millionaire status. But, let's face it, anyone hovering in the 5-10 coin category should be having a new standard of life if all goes well. As it stands, 90%+ of everyone here has been beat down in their soul and enthusiasm because of the last year or so, so there's obviously a skewed takeaway value that everyone is getting from reading here - and I feel real sorry for noobs looking for guidance from allegedly seasoned and skilled veterans here. That was a mouthful!
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January 16, 2015, 04:12:12 AM
 #16

I'd say the average optimist or bull, or there abouts, would presume that $5-10k a coin should be a reality during the next normal rally (ie. not like the one that happened last spring). So, place your bets on when that'll be, ya know w/ the ETFs and all the related boosting that would happen during such a time. This year, maybe, the following- perhaps more likely. Nobody knows when the next surprise factor will take place and most people aren't trying to discredit themselves nor their account here by looking at the stars and signing off on a date. We could be on the cusp of a weird upside-to sideways- to upside and again movement before going moon (see, not trying to get the future to look back negatively on me Wink ) and then whatever else. If the past was a guide and we all know how that goes, we'll get my opening statement sometime this year or next and you'll around 100 bitcoins to reach millionaire status. But, let's face it, anyone hovering in the 5-10 coin category should be having a new standard of life if all goes well. As it stands, 90%+ of everyone here has been beat down in their soul and enthusiasm because of the last year or so, so there's obviously a skewed takeaway value that everyone is getting from reading here - and I feel real sorry for noobs looking for guidance from allegedly seasoned and skilled veterans here. That was a mouthful!

I will also go with 100 bitcoins.

If you would be willing to wait up to twenty years, I think a dozen bitcoins would be more than enough.
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January 16, 2015, 04:21:15 AM
 #17

I would like to have 1 coin valued at some 6 figures in 10 years.
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January 16, 2015, 04:40:54 AM
 #18

Easiest answer in the book.  1 million Bitcoins!   Cool

To be a Bitcoin millionaire, you need to amass 1 million BTC which would be quite a feat.

By time this occurs though, Bitcoin would become the main currency, and fiat value wouldn't matter.

If you're thinking more short term, like in the 10-20 years window, you'd probably just need 100 BTC or so.

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January 16, 2015, 05:27:35 AM
 #19

well with the prices dramatically changing like they are you would at least have to have 6,000+ to see a semi comfortable $1,000,000 spot.
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January 16, 2015, 05:31:37 AM
 #20

I think 100 is a nice number to shoot for.

100 * 10000 = One Million Dollars

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