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Topic: 10 BTC. Will I be a millionaire by 2030? - page 23. (Read 41305 times)

sr. member
Activity: 252
Merit: 250
February 21, 2016, 03:56:13 PM
In 2030, I think the price will rise 128 times from the $1000 price. So it will be 128,000 dollar. not a millionaire.
full member
Activity: 224
Merit: 100
February 20, 2016, 05:52:50 PM
Totally depends on the value of bitcoin in the year 2030, you can be a millionaire or you would be holding nothing if bitcoin disappears, but its good to hold 10 btc at a moment.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 20, 2016, 05:06:25 PM
I don' think 10 btc can make you a millionaire but a 0.25 millionaire  Smiley
the real question is, what this million of US green papers would gonna buy you by then? A can of coke? A dinner in a restaurant? A car? or more?

When we say the bitcoin is worth $1m, that means the $1m in today's money. The same buying power of today's $1m.
I doubt that the OP meant that. Could you guestimate, how many US$ that would be, more or less? Because, I have the impression you guys move more and more into a dreamland territory in this topic. Good night!
sr. member
Activity: 252
Merit: 250
February 20, 2016, 04:52:44 PM
I don' think 10 btc can make you a millionaire but a 0.25 millionaire  Smiley
the real question is, what this million of US green papers would gonna buy you by then? A can of coke? A dinner in a restaurant? A car? or more?

When we say the bitcoin is worth $1m, that means the $1m in today's money. The same buying power of today's $1m.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
February 20, 2016, 04:36:20 PM
I don' think 10 btc can make you a millionaire but a 0.25 millionaire  Smiley
the real question is, what this million of US green papers would gonna buy you by then? A can of coke? A dinner in a restaurant? A car? or more?
legendary
Activity: 1358
Merit: 1093
February 20, 2016, 04:31:24 PM
I don' think 10 btc can make you a millionaire but a 0.25 millionaire  Smiley
hero member
Activity: 826
Merit: 1000
February 20, 2016, 03:35:40 PM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Therefore you need to have at least 20 bitcoin to be a millionaire then. But you only need 10 bitcoin to be millionaire in 2032.

if he gonna wait for that long why not wait for another 2 more year i dont see any rush in it

I don't think so. The price will be determined in the next following 5 years.
After that i suppose the price will be stable again.

So in short what you are saying is that in 5 years there will never be more demand than at that time?
The only way it makes sense is that within 5 years mass adoption has occurred and there is no more new blood coming in the game.
There will be no more youngsters just getting into bitcoin it will just be totally static  Cheesy
I do not believe 10btc will make you a worthwhile millionaire in that year, there is a chance of being a millionaire from 10bitcoin but what is a million worth then taking into account the deterioration of the $ in the last 20years.
sr. member
Activity: 308
Merit: 250
February 20, 2016, 03:01:12 PM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Therefore you need to have at least 20 bitcoin to be a millionaire then. But you only need 10 bitcoin to be millionaire in 2032.

if he gonna wait for that long why not wait for another 2 more year i dont see any rush in it

I don't think so. The price will be determined in the next following 5 years.
After that i suppose the price will be stable again.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
February 20, 2016, 02:31:13 PM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Therefore you need to have at least 20 bitcoin to be a millionaire then. But you only need 10 bitcoin to be millionaire in 2032.

if he gonna wait for that long why not wait for another 2 more year i dont see any rush in it
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
February 19, 2016, 09:10:18 AM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Therefore you need to have at least 20 bitcoin to be a millionaire then. But you only need 10 bitcoin to be millionaire in 2032.

By then you would have forgotten where you have stored your paper wallet, or your hard drive crashed, or your external wallet got stolen. Who knows, maybe BTC isn't even around anymore by then, who knows?
sr. member
Activity: 286
Merit: 250
February 19, 2016, 07:37:33 AM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Therefore you need to have at least 20 bitcoin to be a millionaire then. But you only need 10 bitcoin to be millionaire in 2032.
full member
Activity: 238
Merit: 100
February 19, 2016, 07:32:52 AM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.

Good projection. Im already good with this. Sooo good with this already. Got a couple of BTCs here myself. Hopes up!
sr. member
Activity: 252
Merit: 250
February 19, 2016, 07:30:16 AM
I reckon the price will double every two years. So 2030 is 14 years from now, the price will rise 120 fold. The price will be $ 50k then.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
February 19, 2016, 04:08:56 AM
depends how much it will be worth then, it maybe around 10000$ i think, but not more, or it will die before 2030

might be at that price actually at $10,000 but still not worth a million when you have 10 bitcoins.. but if it is in different investments and was safe from ponzi sites, OP might actually be a millionaire in 2030,  Smiley
sr. member
Activity: 504
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
February 18, 2016, 08:16:14 AM
depends how much it will be worth then, it maybe around 10000$ i think, but not more, or it will die before 2030
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 16, 2016, 09:51:00 AM
No, I wouldn't say that you would be millionaire. You'd have between 50 000$ and 200 000$, but even 20 000$ is really optimistic, and I suggest that it will be around 10 000$ per coin.

If the price double every 2 years, 2030 is 14 years from now. The price will rise 128 fold, so the price will be $51,200 each.
sr. member
Activity: 623
Merit: 262
February 16, 2016, 06:02:00 AM
No, I wouldn't say that you would be millionaire. You'd have between 50 000$ and 200 000$, but even 20 000$ is really optimistic, and I suggest that it will be around 10 000$ per coin.

Lets hope so even i will be very rich if this happens so whoever has more bitcoin has more tendency to become rich.
sr. member
Activity: 441
Merit: 250
February 16, 2016, 05:38:54 AM
No, I wouldn't say that you would be millionaire. You'd have between 50 000$ and 200 000$, but even 20 000$ is really optimistic, and I suggest that it will be around 10 000$ per coin.
sr. member
Activity: 280
Merit: 250
February 16, 2016, 05:33:48 AM
There is a chance. But that chance is very small. Its hard to expect it. Because the value is always changing. So that is why you cant predict.
But if that happens then Bitcoin will be so popular that everyone will use Bitcoin. And that many people are rich.
legendary
Activity: 3178
Merit: 1054
February 16, 2016, 04:10:58 AM
who knows what could happen 1 bitcoin may just be $1 so there is no point keeping it, spend it and you will help the btc economy and may probably earn more than 10btc as well if you play it.
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