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Author Topic: 100 bitcoins. Will I be a millionaire by 2020?  (Read 76871 times)
ekissane
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February 07, 2015, 03:11:12 PM
 #1

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
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(Lithium)
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February 07, 2015, 03:15:14 PM
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as Satoshi said, you will either be a millionaire or have nothing by 2020

(you can easily find the quote)
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February 07, 2015, 03:19:43 PM
 #3

yes.. 10K by 2020 is possible... It could be a bit longer though... just sit tight and HODL!
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February 07, 2015, 03:30:56 PM
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Most likely. By 2025 the mining reward will be low and bitcoin will be mostly mined, so it should be way higher than 10k.
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February 07, 2015, 03:42:53 PM
 #5

I expect the price to breach 5k in 10 years.
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February 07, 2015, 03:43:20 PM
 #6

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

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February 07, 2015, 03:43:59 PM
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I hope you are right.
That should be good for everyone i think.
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February 07, 2015, 03:45:29 PM
 #8

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

The US dollar isn't inflating THAT much, cmon.
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February 07, 2015, 03:45:51 PM
 #9

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

Yeah because the USD has really been getting killed lately.  Roll Eyes  Globally, people can't get enough USD these days. 10k EUR?  That's another story,
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February 07, 2015, 03:46:33 PM
 #10

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

The US dollar isn't inflating THAT much, cmon.

Lol that's a shitload of inflation, do you know how much you'd need for minimum wage if $10k only bought a loaf of bread?

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February 07, 2015, 03:53:58 PM
 #11

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

It could be 10 000$ a coin by then but maybe you will have sold before and the Dollar will be worth less than now in real terms.


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coinableS
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February 07, 2015, 04:14:52 PM
 #12

Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?

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February 07, 2015, 05:06:35 PM
 #13

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

they said the same thing in 90 year, about 2010-2015 years, and guess what, nothing has change
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February 07, 2015, 05:45:45 PM
 #14

Millionaire? Likely you'll be broke.

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February 07, 2015, 05:53:07 PM
 #15

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Possibly, but what will $10,000 buy you then? A loaf of bread?

they said the same thing in 90 year, about 2010-2015 years, and guess what, nothing has change

Yeah, perhaps I was a little extreme.
Okay, two loaves of bread and a croissant. Cheesy

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February 07, 2015, 05:53:38 PM
 #16

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

It could easily happen, but there is also possibility that bitcoin will be worth few bucks.
And the inflation is real,but on 5 year forecast it wont be that noticable, but looking so far ahead maybe isn't as bright as we hope it will be.


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February 07, 2015, 06:22:09 PM
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Let's hope you will be a millionaire by then because that would mean I will be a millionaire too  Cheesy
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February 07, 2015, 06:23:47 PM
 #18

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
depend on who controls the private keys to the said coins

Looking to review Bitcoin / Crypto mining Hardware.
ekissane
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February 07, 2015, 07:43:57 PM
 #19

Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?

Don't worry, it's all profit for me. I bought in originally at $1 and again at $7 and $13 and made enough money to buy my house. I've 100btc left and just want to retire. I'm sick of my job.
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February 07, 2015, 07:58:39 PM
 #20

Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?

Don't worry, it's all profit for me. I bought in originally at $1 and again at $7 and $13 and made enough money to buy my house. I've 100btc left and just want to retire. I'm sick of my job.




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