10 BTC. Will I be a millionaire by 2030? - page 17.

zalucia

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Quote from: Adrorecia on April 21, 2016, 04:45:48 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

Yeah if you want to become a millionaire with just 10 Bitcoins, that means that every bitcoin needs to be worth $100,000. I am not even dreaming about the Bitcoin price being so high so I would not know how it is going to be possible.

If the bitcoin rises 40% a year, it will be 111 times of the present value, or $50,000 each. That is just 50% of the $100,000.

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Quote from: Cyaren on April 17, 2016, 06:12:10 PM

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.

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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

Yeah if you want to become a millionaire with just 10 Bitcoins, that means that every bitcoin needs to be worth $100,000. I am not even dreaming about the Bitcoin price being so high so I would not know how it is going to be possible.

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Quote from: KennyR on April 19, 2016, 04:49:43 AM

Quote from: hendra147 on April 18, 2016, 09:06:27 AM

I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

With 10 bitcoin being a millionaire even by the year of 2030 is possible if 50% of the entire population enter into bitcoin usage.

If 5% of the world population uses bitcoion, the bitcoin price will be at least $100,000. It is due to the network effect.

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Quote from: hendra147 on April 18, 2016, 09:06:27 AM

I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

With 10 bitcoin being a millionaire even by the year of 2030 is possible if 50% of the entire population enter into bitcoin usage.

avw1982

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Quote from: Newcoins2020 on April 18, 2016, 03:28:46 PM

I do no think you will be a millionaire but by that time you could be a very rich person, I think the price is pretty high but to be a millionaire you would need a lot more in my eyes.
I think in that year you would still need around the 200 bitcoins to be a millionaire.

Yup halving is the best part in this year go with big price in the market but I dont think that It will reach more than 10000$ at this year. There is a chance in bitcoin to reach that level in 2030.

Newcoins2020

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I do no think you will be a millionaire but by that time you could be a very rich person, I think the price is pretty high but to be a millionaire you would need a lot more in my eyes.
I think in that year you would still need around the 200 bitcoins to be a millionaire.

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Quote from: hendra147 on April 18, 2016, 09:06:27 AM

I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

well more and more people will get into bitcoin thus making the price go up significantly at a very rapid pace and making us a lot of money so i guess it is actually possible

i think that you might be easily a millionaire by the year 2030 because the block prize falls will surely make the price go up from time to time and make some good profit for holders

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Quote from: avw1982 on April 18, 2016, 11:10:46 AM

Quote from: hendra147 on April 18, 2016, 09:06:27 AM

I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

A millionaire with only 10 btc by 2030 is also a dream for me as well, It doesn't seem likely right now, but one never knows with bitcoin. I would say maybe more likely somewhere on the other side of 2030 with just 10 btc with mass adoption and if Bitcoin becomes bigger than what the internet became in that time...

Pretty much at whatever price, anything is a dream lol.

The only way people actually understand is to actually acquire in how many coins to make up for the lack of price it holds then the value alone.

avw1982

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Quote from: hendra147 on April 18, 2016, 09:06:27 AM

I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

A millionaire with only 10 btc by 2030 is also a dream for me as well, It doesn't seem likely right now, but one never knows with bitcoin. I would say maybe more likely somewhere on the other side of 2030 with just 10 btc with mass adoption and if Bitcoin becomes bigger than what the internet became in that time...

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You maybe could be rich but most likely you will just make some money by that year but nothing more, I do not think the price will be very high by that year.
I even think the days of the bitcoin can be over in that year and that the worth is also very low in that year because of the fact the bitcoins is gonna disappear.

hendra147

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I do not think so. because I do not believe bitcoin prices in 2030 will be very high. although the price touched $1000 least. Yeah 10BTC remain eligible said millionaires in 2030.

beduku22

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Quote from: JeanMcCoy on April 17, 2016, 05:52:41 PM

If bitcoin still exist in 2030 it will be worth way more then now. I say if, because i believe a bitcoin 2.0 will become the new virtual global currency.

its a bit unrealistic, but the bitcoin is of course unpredictable. I think the bitcoin will not exist any more by that year..

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Quote from: Yakamoto on April 17, 2016, 06:21:40 PM

Quote from: Cyaren on April 17, 2016, 06:12:10 PM

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.

I would debate your comment about the USD not being the measure of value by 2030, I think they'll be able to maintain control over the economic markets for at least another 20 years, but China might heavily contest it. You never really know in the world, so it is entirely possible that the US will fall out of relevance for one reason or another.

Many people knows already that it will be not even possible, Bitcoins needs a long time to rise up so you can dream futher I think for the people who are thinking that.
10 BTC is not that much I think if you have some 100 of them than we can talk further but only 10 it will be not even possible mate.

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Quote from: Barbut on April 17, 2016, 06:26:39 PM

Nice wish. Who knows what will happen, if you become millionaire will you come here even then? Or you will cash out and start some new?
I think you will need to work a lot to make 1000 btc from that 10 btc and then you will be a millionaire by 2030 for sure.
Just stay focused.

Sure we have to work a lot to make bitcoins, This price raise is going to depend on how much the bitcoin will be worth in 2030, I believe that around that time 1 bitcoin will be worth somewhere in the 10.000.You can never know with bitcoin though, it just depends on how many people will adapt, the more demand the higher the price will increase.

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Nice wish. Who knows what will happen, if you become millionaire will you come here even then? Or you will cash out and start some new?
I think you will need to work a lot to make 1000 btc from that 10 btc and then you will be a millionaire by 2030 for sure.
Just stay focused.

Yakamoto

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Quote from: Cyaren on April 17, 2016, 06:12:10 PM

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.

I would debate your comment about the USD not being the measure of value by 2030, I think they'll be able to maintain control over the economic markets for at least another 20 years, but China might heavily contest it. You never really know in the world, so it is entirely possible that the US will fall out of relevance for one reason or another.

Cyaren

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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.

JeanMcCoy

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If bitcoin still exist in 2030 it will be worth way more then now. I say if, because i believe a bitcoin 2.0 will become the new virtual global currency.

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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.

Not really, just by looking at the insane amount out there in soon-to-become-useless assets, plus tons and tons of money in debt and derivatives and god knows what amount of cash out there that is not even reported... all of this can come to Bitcoin and Bitcoin can easily go 10k+ per coin. Now, that would be 100.000 for 10 BTC. Obviously 100BTC would be ideal, since you wouldn't need BTC going to 100K per coin, but even 100k per coin is considered a very possible long term price. 15 years is a ton of time in the modern world, so it's definitely within the realm of whats possible.

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