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Topic: 10 BTC. Will I be a millionaire by 2030? - page 16. (Read 41305 times)

member
Activity: 164
Merit: 11
10 BTC is a small amount . For millionaire you need 1000BTC
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
2030 is just 14 years from now. The price might not rise that fast. But if the adoption accelerates, it might happen.
Maybe the prices will soar high in 14 years from now it all depends on whether halving the closest now will make bitcoin prices up high or not.
member
Activity: 115
Merit: 10
I don't see why not? Mewn me, buddy. Proost.
sr. member
Activity: 252
Merit: 250
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.
hero member
Activity: 644
Merit: 500
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.
member
Activity: 107
Merit: 10
we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans.

I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then.
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.
sr. member
Activity: 332
Merit: 250
2030 is just 14 years from now. The price might not rise that fast. But if the adoption accelerates, it might happen.
sr. member
Activity: 252
Merit: 250

Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.

By that reasoning, the term should already be valueless - lots of people mined thousands of BTC in the early days.

People will sell as price rises, just as they have done in the past. They'll sell to buy pizza, to pay their bills, or simply because they don't believe price can go much higher. But they will sell. A few lucky and sensible people will hold - but they will be in the minority, just as they were in the past.

The early miners will sell to make a living. The later adopters will buy the bitcoin and use it. So it is neutral.
sr. member
Activity: 364
Merit: 250
Nobody will know know what there will happen with Bitcoin and the bad thing is that it can be also risky because you dont know sometimes what to do and that is the problem.
Maybe it would be also more worth in the future and that you can sell it with some nice profit, but you cant be a millionaire with only just some 10 BTC.

The chance is really small if that is going to happen so you have just now only to wait and see for what is going to happen.
hero member
Activity: 644
Merit: 503

Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.

By that reasoning, the term should already be valueless - lots of people mined thousands of BTC in the early days.

People will sell as price rises, just as they have done in the past. They'll sell to buy pizza, to pay their bills, or simply because they don't believe price can go much higher. But they will sell. A few lucky and sensible people will hold - but they will be in the minority, just as they were in the past.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
No that means that the price has to be so high, I do not think that that will happen with just 10 Bitcoins. I cannot predict what the price will be in 2030 but I think that you will need allot more Bitcoins if you want to become a millionaire.

Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.
hero member
Activity: 546
Merit: 500
No that means that the price has to be so high, I do not think that that will happen with just 10 Bitcoins. I cannot predict what the price will be in 2030 but I think that you will need allot more Bitcoins if you want to become a millionaire.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

Yes you are right, because of now bitcoin will grow up, i don't think that bitcoin will come at 100$, so think good if you save your bitcoin till 2030, than may be you are millionaire. but it all depend on bitcoin's future.
I hope so too. we need many bitcoin to become a millionaire by the time it arrived, so it might be wise to keep bitcoin we have for 2030, as we could have become a millionaire when that year arrived
full member
Activity: 154
Merit: 100
100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

Yes you are right, because of now bitcoin will grow up, i don't think that bitcoin will come at 100$, so think good if you save your bitcoin till 2030, than may be you are millionaire. but it all depend on bitcoin's future.
legendary
Activity: 1946
Merit: 1137
we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans.

I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then.

it seems like yesterday when the bitcoin price was low and you could easily buy 10 bitcoin with $2000 now look where we are it is nearly 2.5 times more.
price will rise in no time and maybe in about 5 more years we can see the real high value of bitcoin and maybe with 50BTC we could become millionaires.
hero member
Activity: 490
Merit: 520
we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans.

I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then.
hero member
Activity: 714
Merit: 501
we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
sr. member
Activity: 303
Merit: 250
In 2030, USD won't be the measure of value anymore. But if there is a hyperinflation, then yes BTC can be worth $100,000 each or even more. It is very possible. But you should measure your BTC in 2016 purchasing value of the dollar, instead of the dollar.

Could never agree this. However high the inflation might be USD continues to be the measure of bitcoin even after several years from now. No other currency is strong as dollar right now.

The US dollar has ruled the roost for over 200 years now. It is time for a change.
May not be bitcoin, but some other currency will take over soon.
legendary
Activity: 1218
Merit: 1000
In 2030, USD won't be the measure of value anymore. But if there is a hyperinflation, then yes BTC can be worth $100,000 each or even more. It is very possible. But you should measure your BTC in 2016 purchasing value of the dollar, instead of the dollar.

Could never agree this. However high the inflation might be USD continues to be the measure of bitcoin even after several years from now. No other currency is strong as dollar right now.
I guess 10 BTC is too little to be a millionaire in 2030. I am not sure if the price of bitcoin will arrive at a price of $ 100,000 in 2030 may need more than 100 BTC if you want to be a millionaire by the time it arrives
hero member
Activity: 644
Merit: 500
In 2030, USD won't be the measure of value anymore. But if there is a hyperinflation, then yes BTC can be worth $100,000 each or even more. It is very possible. But you should measure your BTC in 2016 purchasing value of the dollar, instead of the dollar.

Could never agree this. However high the inflation might be USD continues to be the measure of bitcoin even after several years from now. No other currency is strong as dollar right now.

Why not bitcoins, if you plan on holding your coins in order to become incredibly wealthy. Don't ever change to fiat,  That is, convert the coins into fiat currency in order to make them more liquid. Wait until you're able to spend them on everything, from insurance, to property, to groceries and etc. This is when their value will be realized by the world.
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