10 BTC. Will I be a millionaire by 2030? - page 15.

zalucia

sr. member

Activity: 252

Merit: 250

Quote from: Newcoins2020 on May 26, 2016, 02:52:23 AM

Quote from: Nameless Coin on December 07, 2015, 07:19:08 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

Yeah that is really true than everyone who have 10 bitcoin in the future will just be a millionaire and just retire.
Why work if you have that money. I think in year 2030 bitcoin will just be around 5K - 10K dollars.

But we now that 10 coins is not going to be enough to become a millionaire in the future you will need allot more then that. I do not know what the price is going to be in 2030 because we still have 14 more years to go.

It depends on the usage of the bitcoin. When it is more widely used by the people in the world, it is just a matter of time to reach $100,000.

Newcoins2020

sr. member

Activity: 406

Merit: 250

Quote from: Nameless Coin on December 07, 2015, 07:19:08 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

Yeah that is really true than everyone who have 10 bitcoin in the future will just be a millionaire and just retire.
Why work if you have that money. I think in year 2030 bitcoin will just be around 5K - 10K dollars.

But we now that 10 coins is not going to be enough to become a millionaire in the future you will need allot more then that. I do not know what the price is going to be in 2030 because we still have 14 more years to go.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: Vaskiy on April 17, 2016, 09:29:49 AM

Quote from: haileysantos95 on April 17, 2016, 02:47:27 AM

There is a god chance that you will have money in 2030 but becoming a millionaire is impossible to attain in just 10btc alone you will need to add more bitcoin in your stash so that you can become a millionaire.

Yeah having 10btw won't make you a millionaire, make some good investments and grow your coins, if it goes well you more possibilities to become a millionaire in 2030. If not keep on trying you can achieve it within another 5 to 10 years.

i'd be very surprised if by 2030 even 1 bitcoin wouldn't be worth a million dollars. (compared to current dollar value)

you guys are underestimating bitcoin by a lot

SanaButt

member

Activity: 112

Merit: 10

Yes in this time if you save 10 Btc for your future 2030, you can say that you will be millionaire, but in that time millionaire is not a big amount, because currency value will be count. 2030 you mean after 14 years later, most of currencies value will not be same.

RhodaGila

hero member

Activity: 615

Merit: 500

In 2030 only with 10 BTC? I think it will not make you richer. You do not count the number of rising costs and prices would certainly not be the same as now, so gather again more bitcoin

Mr.grin

legendary

Activity: 1218

Merit: 1000

Quote from: DavidoAlto on May 25, 2016, 03:30:05 AM

With 10 Bitoins I do not believe that you are going to be a millionaire with only 10 bitcoins you will have to earn more then that. That means in order for you to become a millionaire the Bitcoin price has to be 100,000 per Bitcoin thatb is not going to happen.

true, but it would not be possible. the price was very high, and may bitcoin will not get prices like that. 10 bitcoin will not be enough to make you rich, so much competition in the world, even where you live, so it took from 10 BTC to make you a millionaire

Sandroxa

sr. member

Activity: 350

Merit: 250

Quote from: zalucia on May 24, 2016, 11:29:40 AM

Quote from: Shinpako09 on May 24, 2016, 01:09:23 AM

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

It depends on the usage of the bitcoin by general public. If there are 100 million people using it, the price could be $1m.

That is a lot of Bitcoin but you need to know that it can takes a long time until the value will be more worth and I dont think that it would be possible for you that you can be a millionaire.
Because the price is rising slowly and not that fast so that have to change and must rise for a long time.

DavidoAlto

sr. member

Activity: 364

Merit: 250

With 10 Bitoins I do not believe that you are going to be a millionaire with only 10 bitcoins you will have to earn more then that. That means in order for you to become a millionaire the Bitcoin price has to be 100,000 per Bitcoin thatb is not going to happen.

michietn94

legendary

Activity: 1274

Merit: 1001

If I answer it for now, surely that you will be a millionaire since bitcoin will reach halving in less than 45 days

I can feel bitcoin's value atmosphere getting increase by seeing crowded transaction traffic recently !

But still bitcoin is unpredictable currency as you already know the risk !

zalucia

sr. member

Activity: 252

Merit: 250

Quote from: Shinpako09 on May 24, 2016, 01:09:23 AM

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

It depends on the usage of the bitcoin by general public. If there are 100 million people using it, the price could be $1m.

Cyaren

sr. member

Activity: 294

Merit: 250

Quote from: Shinpako09 on May 24, 2016, 01:09:23 AM

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

No, it is not actually. It is very possible in my opinion because the OP is measuring the value of his coins in fiat currency. As we all know by now, fiat currencies degrade and inflate over time when governments over print them to fund expenditures for war or stuff like that.

Bitcoin is indeed a very good long term investment, I'd agree with you on that. And 15 years is pretty long term for me. The price going to $100k in 15 years is not impossible, instead possible or even probable. Just look at how far we have come during those 7 years since bitcoin's founding.

Shinpako09

legendary

Activity: 2058

Merit: 1015

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

Doubletrade

newbie

Activity: 11

Merit: 0

10 btc or millionaire thats impossible to believe in 2030 and the price of bitcoin is always depends in demand and supply..

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

Well, 10 BTC may be too little to make you into a millionaire in 2030. perhaps you could add more numbers according to your abilities. more importantly, continue to pursue the ideals that you become rich, maybe in 2030 you only had 10 BTC, but at that time you also have become millionaires. Essentially, we just have to try to collect bitcoin from now

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: phreaky on May 23, 2016, 10:21:38 AM

10 bitcoins is way too low to achieve this in my opinion, I think it will be a way too low amount, you at least need 200 to do this in my opinion.
Another fact is that 2030 is maybe not even a very good year for the bitcoin..

200 Bitcoins means that the price has to go up at least to $5000 per coin which is not a bad target for 2030. We don't know if Bitcoin by that time is still the leading digital currency or that it doesn't exist anymore. One thing is sure: Bitcoin will be worth a lot or ends up being forgotten and thus worth next to nothing.

phreaky

hero member

Activity: 546

Merit: 500

10 bitcoins is way too low to achieve this in my opinion, I think it will be a way too low amount, you at least need 200 to do this in my opinion.
Another fact is that 2030 is maybe not even a very good year for the bitcoin..

Icathia

sr. member

Activity: 364

Merit: 250

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.

zalucia

sr. member

Activity: 252

Merit: 250

Quote from: Sanguintan on May 19, 2016, 01:07:52 PM

Quote from: cricketkhampion on May 14, 2016, 01:30:36 AM

10 BTC is a small amount . For millionaire you need 1000BTC

In 2030, the bitcoin will be at least 100,000 each, you just need 10 bitcoin to be a dollar millionaire.

That is 230 times price rise in 14 years or 47% a year compound growth. That can be achieved in the future.

Sanguintan

full member

Activity: 191

Merit: 100

Quote from: cricketkhampion on May 14, 2016, 01:30:36 AM

10 BTC is a small amount . For millionaire you need 1000BTC

In 2030, the bitcoin will be at least 100,000 each, you just need 10 bitcoin to be a dollar millionaire.

Marbit

hero member

Activity: 686

Merit: 500

Quote from: zalucia on May 14, 2016, 01:16:39 AM

Quote from: avw1982 on May 13, 2016, 05:00:54 AM

Quote from: Fofofolo on May 13, 2016, 03:30:22 AM

I dont think so that it is possible because there are a lot of people that is hoping that they can earn in this year some profit and that is because they already waited a long time.
But now there must be a time to rise otherwise they will get mad and not everyone have the patience to wait such a long time until the value will be high.

Its purely depends on how much bitcoin will be worth at that time. The market of bitcoin is very unpredictable. We can't really say how much the value will be by that time. Bitcoin could hit 10k in a couple of years at the same time, if it does hit it will go back down.
It's not stable at all.

That is right. The bitcoin could be $10,000 in 5 to 10 years, but for it to be $100,000, it will take many more years.

Yeah bitcoin worth will 10,000$ possible at the time of 2030 its enough not more then it and talking around 100,000$ its not possible because its price is rising up but slowly for that much it will take 100 years.

Topic: 10 BTC. Will I be a millionaire by 2030? - page 15. (Read 41305 times)