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pissedoff
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November 19, 2015, 09:27:07 PM |
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well i guess its possible to achieve if the price will sharply increase but i doubt that this will happen because of the price that is now
We don't know what will happen in the bitcoin ecosystem in the next 5 years. Just remember the price went from cents to $1000 in 4 years. |
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hendra147
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November 20, 2015, 02:03:49 AM |
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if im the owner of that 100bitcoin i should'nt waiting to 20year let's trade it and growing it with my trade skill I Think at 10year i will be millionare (insya Allah)  |
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BitmoreCoin
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November 22, 2015, 05:34:00 PM |
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if im the owner of that 100bitcoin i should'nt waiting to 20year let's trade it and growing it with my trade skill I Think at 10year i will be millionare (insya Allah) 2020 is just 5 years from now. It is possible the bitcoin will grow 40% a year, that is 5.37 in 5 years, if we times 400*5.37, that is $2,100 by 2020. With 100 bitcoin, you will have about $0.21 million. |
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sartorpc
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November 22, 2015, 05:38:48 PM |
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I hope btc keeps growing so we can be rich hahah
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MataKhobRazi
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November 22, 2015, 06:16:48 PM |
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I hope btc keeps growing so we can be rich hahah
What does "rich" mean exactly for you ? |
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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November 22, 2015, 06:19:24 PM |
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if im the owner of that 100bitcoin i should'nt waiting to 20year let's trade it and growing it with my trade skill I Think at 10year i will be millionare (insya Allah) 2020 is just 5 years from now. It is possible the bitcoin will grow 40% a year, that is 5.37 in 5 years, if we times 400*5.37, that is $2,100 by 2020. With 100 bitcoin, you will have about $0.21 million. The mass adoption is just getting started, so 40% per year on average could end up being just peanuts. By year 2020, i expect nothing less than at least 5k per coin. In the end, it's just a fraction of users that we have; if the user base continues to increase the same way, there's no telling how far up the price may go. |
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98problems
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November 22, 2015, 06:34:56 PM |
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i dont think so even though its possible to happen theoretically the price will have to grow a lot if you want to be a millionaire with 100 bitcoins
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ultimatesky
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November 22, 2015, 08:08:13 PM
Last edit: November 30, 2015, 10:25:26 PM by ultimatesky |
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100 BTC today will be worth a small fortune in 2020. Maybe 1000USD per bitcoin so yes, it is a great start towards being a millionare but you will to do much more for that.
Just time will tell.
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AndySt
Legendary
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Activity: 2184
Merit: 1012
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November 23, 2015, 03:35:57 PM |
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You can be a multimillionaire in 2020 with 100 bitcoins at a favorable exchange rate. The other issue is that the future is uncertain and this hundred does not cost a dime  |
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Denker
Legendary
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Activity: 1442
Merit: 1016
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November 23, 2015, 04:25:22 PM |
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You can be a multimillionaire in 2020 with 100 bitcoins at a favorable exchange rate. The other issue is that the future is uncertain and this hundred does not cost a dime Well that's the risk we all here take I guess. The good thing is IF Bitcoin succeeds it's value will be way way way more as it is now. So this bet is very risky on one side but could definitely be worth on the other side. |
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fravia
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November 23, 2015, 07:50:02 PM |
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i doubt that such goal is possible in such short period of time though its possible that you might be a millionaire after some more time than that lets hope you will achieve this goal as soon as possible
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avw1982
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November 23, 2015, 08:02:06 PM |
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2020 pfff for sure, if i had to bet i'd say in about 2 years.
That's very optimistic. $10.000 per coin is 2 years is a brave bet. Give it 5 years (still very optimistic), and I would be with you. Yup Its sure it will cross more than 10000$ and If we have that 100 Bitcoins means I am we live with all time party life and we can enjoy our all moments. But BTC Mining is the matter for these kind of dream. we have to put hard effort to save BTC. |
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HarryKPeters
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November 23, 2015, 10:01:43 PM |
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If you want to be a millionare in 2020 make sure to work hard and create an unique product. Don't expect bitcoin to make you a millionare. It's not the purpose of bitcoin |
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ridewithme
Sr. Member
Offline
Activity: 406
Merit: 250
Follow me to the Profitland.
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November 23, 2015, 10:16:52 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
It'll be more than $10,000 per bitcoin in 2020. You'll definitely be a millionaire by then with your 100 Bitcoin. |
I invested in ETH and made money, WAVES, made money, JEWELS made money, NXT made money, BTC made a lot of money!
Follow me and profit.
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Nunu
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November 24, 2015, 02:39:04 AM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
The question is will you be able to reach 2020?  And if you will be able to reach 2020, would bitcoin still be accepted by then? |
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Exoskeleton
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November 24, 2015, 02:28:44 PM |
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Going from $1 to $10 per coin was something that can happen relatively easily, because it doesn't take that much money. Going from $10 to $100 is a lot harder because it takes 10x the previous jump in market cap. From $100 to $1,000 takes 100 times the investment that it took to get from $1 to $10.
To get from $1,000 to $10,000 takes 1,000 times the investment, or 100,000%, more money, that it took to go from $1 to $10! Good luck getting that kind of new money coming into the market. I hope it will happen one day, but I'm not counting on it. I'd give $10,000 a coin at least 20 more years, if ever. I think $1,000 a coin in 5 years is reasonable. Count on anything more and you probably don't know much about how market cap works and why exponential growth beyond where we are now is almost impossible.
Most people will never want a bitcoin and that's a fact. Our market saturation is almost complete. Lets just be happy it came this far.
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HWoodrow
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November 24, 2015, 02:37:29 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Oh, there are some possibility that price will be of 10000$ in 2020, but could be also 0$. So, you choice, but only thing that I can advice you is to HODL ! |
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Hashminers
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November 24, 2015, 03:20:40 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Oh, there are some possibility that price will be of 10000$ in 2020, but could be also 0$. So, you choice, but only thing that I can advice you is to HODL ! That is just extreme that Bitcoin goes to $0,- I will be very sad than if that happends. That is just 5% that will happend to $0,- again. I am not saying that in 2020 will be $10.000,-. But I am just guesing that it will be maybe 1500-2000 USD. And don't just HOLD! everything invest some. |
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Nimbulan
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November 24, 2015, 07:04:37 PM |
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i dont think you will be a millionaire for that you need at least 1000 bitcoins i think
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lissandra
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November 24, 2015, 11:17:44 PM |
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i dont think you will be a millionaire for that you need at least 1000 bitcoins i think
having whatever amount will change, since if the value changes. But, I think minimum of 14 years, Id probably see some crazy # I bet down the line. But I dont see it done in 4 years. |
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