10 BTC. Will I be a millionaire by 2030? - page 14.

JohnyWalkerUK

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Quote from: zalucia on June 02, 2016, 02:18:06 AM

Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the mass adoption of the bitcoin. The more people use it, the higher the price. So $1 million is possible.

I dont think that it will be possible and you can even see now that the value of the Bitcoin is rising slowly but it wont rise to that high or it wont also even jump.
The most are hoping that the value will be higher soon because it was to stable for a long time so you cant do anything.

rekinthis

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Quote from: Minosse on December 07, 2015, 06:58:46 AM

100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

well we can't 100% predict what will happen in such a large amount of time like 16 years, but to be milionaire with 10 bitcoins their price have to be very large and bitcoins have to be very popular

but if bitcoin's price won't fall in this time and it's popularity will rise only then i really think that you can be very rich with 10 bitcoins only in 2030, we should wait and we will see

Cyaren

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Quote from: Minosse on December 07, 2015, 06:58:46 AM

100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

I think you will at least be a millionaire, if not a billionaire. Simply because the fiat currencies will tumble down very soon and bitcoin will take over as the major currency instead.

But because of that there is literally no point in measuring anything in fiat anymore. But yes, your millionaire dream will come true.

Monnt

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Quote from: jjacob on June 05, 2016, 04:03:38 AM

Quote from: SilverPunk on June 05, 2016, 04:02:01 AM

Quote from: newcoins1978 on June 04, 2016, 03:45:20 PM

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

2030 is a long way away.
Those who bought in 2011 had no idea that Bitcoin would rally so much in 2013.
We are all just playing blind here.

I have 6 btc, hoping I'll be rich soon. But if each of us become a millionare, that would most probably mean that one million dollars would be worth maybe 100k in current value.

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Quote from: SilverPunk on June 05, 2016, 04:02:01 AM

Quote from: newcoins1978 on June 04, 2016, 03:45:20 PM

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

2030 is a long way away.
Those who bought in 2011 had no idea that Bitcoin would rally so much in 2013.
We are all just playing blind here.

SilverPunk

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Quote from: newcoins1978 on June 04, 2016, 03:45:20 PM

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

Washika

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Quote from: newcoins1978 on June 04, 2016, 03:45:20 PM

Quote from: Dwelach on June 04, 2016, 02:10:01 PM

Quote from: Washika on June 04, 2016, 01:57:33 PM

Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

I think the price of the bitcoin will be around $200.000 in 10 years, so 5 bitcoin will make you a millionaire.

newcoins1978

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Quote from: Dwelach on June 04, 2016, 02:10:01 PM

Quote from: Washika on June 04, 2016, 01:57:33 PM

Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

Dwelach

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Quote from: Washika on June 04, 2016, 01:57:33 PM

Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.

Washika

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Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

hermanhs09

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Quote from: Minosse on December 07, 2015, 06:58:46 AM

100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

Definitely sir. By 2030, bitcoin prices will not even matter anymore. The currency will be so inflated that no one will use it anymore, and everyone will switch to the infinitely better alternative - bitcoin.

1 Satoshi for a million dollars is also possible, but if that happens, there is seriously no point for measuring anything in fiat currency.

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you can never become a millionaire just by having 10 BTC.

even with the way bitcoin price is moving forward and the big rise with 10BTC you will need at least $100,000 just to have 1 million dollar and 1 mil doesn't make anybody millionaire. and price will never get there.

although if you trade bitcoin in the meantime you can earn a lot more money and if you get really into it you can become a millionaire with the profit.

Washika

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Quote from: dinda22 on June 02, 2016, 05:19:05 AM

Quote from: AsaroUk on June 02, 2016, 04:28:48 AM

Quote from: ?? on ??

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire Grin

I think not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.

yeah 10 bitcoin will never be a millionaire, but if you think prices in 2030 will be $100,000, well. I would say it could be a millionaire. but in fact it is clearly not possible. 100 BTC may at least be able to become a millionaire in 2030

$100,000 is just 200 times of present value. I believe the price will rise 60% a year in the next 20 years.

dinda22

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Quote from: AsaroUk on June 02, 2016, 04:28:48 AM

Quote from: ?? on ??

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire Grin

I think not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.

yeah 10 bitcoin will never be a millionaire, but if you think prices in 2030 will be $100,000, well. I would say it could be a millionaire. but in fact it is clearly not possible. 100 BTC may at least be able to become a millionaire in 2030

AsaroUk

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Quote from: ?? on ??

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire Grin

I think not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.

upsidedown75

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Quote from: zalucia on June 02, 2016, 02:18:06 AM

Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the mass adoption of the bitcoin. The more people use it, the higher the price. So $1 million is possible.

Yes, when more people are adopting bitcoin then higher prices for bitcoin is possible.

At the same time, only the higher prices will attract more people to adopt bitcoin. So, we can expect both mass adoptions and higher prices of bitcoin will happen side-by-side.

zalucia

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Quote from: Chrismeister on May 31, 2016, 04:19:26 AM

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the mass adoption of the bitcoin. The more people use it, the higher the price. So $1 million is possible.

Chrismeister

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I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

FruitBucket

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There are very few people use the bitcoin at the moment, if the user increase by 10 folds, the price will rise 100 folds.

Piltover

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Quote from: Icathia on May 23, 2016, 10:17:05 AM

Quote from: ?? on ??

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire Grin

I think that you will need allot more Bitcoins then just 10 because that means that one Bitcoins needs to have the value of $100,000 and I do not see that happening.

I dont think that will happen soon and that is because it takes a long time until the value will be that high so it will be also better if you are selling it on the right moment.
And we have to stay realistic and dont dream you will need a lot of more coins if you want to be a millionaire.

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