10 BTC. Will I be a millionaire by 2030? - page 26.

FruitBucket

sr. member

Activity: 286

Merit: 250

Quote from: pissedoff on February 07, 2016, 01:04:03 AM

Quote from: Ya-ing on February 06, 2016, 01:00:25 PM

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.

At that time there might be many modifications made to bitcoin is adopt the change in volume.

That is true. But the value of bitcoin will still be determined by the total adoption. So I think its value will increase.

pissedoff

hero member

Activity: 616

Merit: 500

Quote from: Ya-ing on February 06, 2016, 01:00:25 PM

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.

At that time there might be many modifications made to bitcoin is adopt the change in volume.

LarryHocks

sr. member

Activity: 350

Merit: 250

Quote from: iwasneverhere on February 06, 2016, 01:16:18 PM

I doubt it will ever get to 1000 again. My bet is that will always hover arround 300 to 400 and spike to 1000 once in while. Last spike was to 500.

Yeah honestly I don't see the price going back to 1200 again.
reaching 600 can be called a miracle.

iwasneverhere

sr. member

Activity: 588

Merit: 251

I doubt it will ever get to 1000 again. My bet is that will always hover arround 300 to 400 and spike to 1000 once in while. Last spike was to 500.

Ya-ing

member

Activity: 119

Merit: 100

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.

quadriple7

sr. member

Activity: 252

Merit: 250

its 50% to 50% chance we can all just predict for the best.

DrLove2048

member

Activity: 84

Merit: 10

Yes you will absolutely be a millionaire by 2030. If not come and find me and I'll make up the difference Roll Eyes

rtrtcrypto

hero member

Activity: 627

Merit: 500

Humans don't deal well with exponentials... most people don't understand how these types of networks scale (if they ever do) and what that means to the value of the system in question.

The question is really - WILL BTC SURVIVE or NOT.

If answer = yes / PRICE = gigantic

If answer = no / PRICE = trend towards zero

The % that you place on the above should tell you how much you should risk in today's Dollars.

I think we are getting close to 50-50% that BTC will survive long term. I make investments accordingly.
If someone else thinks the number is 10%, then invest accordingly; if another thinks 95% then, invest accordingly.

So on and so forth.

Lastly, most people on these forums have much less than 1 bitcoin total.

Quote from: futureofbitcoin on February 05, 2016, 04:41:10 PM

Quote from: rtrtcrypto on February 05, 2016, 03:38:54 PM

It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.

Quote from: richardsNY on February 05, 2016, 02:23:35 PM

Quote from: rtrtcrypto on February 05, 2016, 10:09:23 AM

If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.

With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.

You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.

It's amazing how delusioal idiots think that they are the ones who are "realistic".

And it's so freaking sad how many idiots there are in this sub-forum. I come here every time hoping for insightful comments, only to be bombarded by a bunch of idiots who are hoping bitcoin goes up by about 5% in 50 years. I must be a masochist.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

Quote from: rtrtcrypto on February 05, 2016, 03:38:54 PM

It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.

Quote from: richardsNY on February 05, 2016, 02:23:35 PM

Quote from: rtrtcrypto on February 05, 2016, 10:09:23 AM

If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.

With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.

You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.

It's amazing how delusioal idiots think that they are the ones who are "realistic".

And it's so freaking sad how many idiots there are in this sub-forum. I come here every time hoping for insightful comments, only to be bombarded by a bunch of idiots who are hoping bitcoin goes up by about 5% in 50 years. I must be a masochist.

Moneyburner

member

Activity: 112

Merit: 10

I would venture to believe no, as that would be 100k a coin. Outlook is slim for that in 15 years

popovicbit

full member

Activity: 144

Merit: 101

Quote from: rtrtcrypto on February 05, 2016, 04:30:44 PM

These are the kinds of quotes I'm talking about... lol. Triple your money in 2030? LOL. You just don't understand what you've invested into (if you invested at all). Period.

Quote from: Sandroxa on February 05, 2016, 03:41:20 PM

Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.

Lol...I totally agree. Either btc in 16 years is worth WAY more than 3 times what it is now or there was a serious problem along the way.

rtrtcrypto

hero member

Activity: 627

Merit: 500

These are the kinds of quotes I'm talking about... lol. Triple your money in 2030? LOL. You just don't understand what you've invested into (if you invested at all). Period.

Quote from: Sandroxa on February 05, 2016, 03:41:20 PM

Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.

romero121

legendary

Activity: 3234

Merit: 1214

Vave.com - Crypto Casino

I don't think so, but I believe one thing. In future people who doesn't own a bitcoin may consider people with few number of bitcoins as rich person. These days itself someone joining new to bitcoin think people already here were very rich seeing the price of bitcoin.

Sandroxa

sr. member

Activity: 350

Merit: 250

Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.

rtrtcrypto

hero member

Activity: 627

Merit: 500

It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.

Quote from: richardsNY on February 05, 2016, 02:23:35 PM

Quote from: rtrtcrypto on February 05, 2016, 10:09:23 AM

If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.

With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.

You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.

iv4n

legendary

Activity: 3332

Merit: 1191

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?

No way man, too early for your dreams. Maybe we are talking here about 2070.. if btc survive until then, if world survive until then.
Steady rise is the best rise. This is to optimistic, if something like this can happen then its good to sell everything u have and buy btc...to good to be real.

I hope for 1000 $ in next few years, but not just to reach it also to stay on it!

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Honestly, if you want to be a millionaire by 2030, there are a lot of other investment opportunities you might take in order for your goal to be achieved. In bitcoin? I doubt it, but the potential of it having a huge value is strong. Maybe something around 30-50 btc would make you feel safe in achieving that goal of yours.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: mtnsaa on February 03, 2016, 05:31:08 PM

People are flocking to altcoins and other different projects.

Where can I see these people flocking? Why can't I spend anything other than bitcoin? Why do I need bitcoin to buy any of these other coins?

We need regular folks. None of them are going to flock to something that is basically useless. There comes a time when technical fancy pants stuff is no longer relevant. Trust and usage overrules that.

If bitcoin sorts its shit out then it's game over for most other things. It's all to play for in the next few years. $100,000 is attainable if it becomes a true global currency.

Ruzka

hero member

Activity: 826

Merit: 1000

Quote from: richardsNY on February 05, 2016, 02:23:35 PM

Quote from: rtrtcrypto on February 05, 2016, 10:09:23 AM

If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.

With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.

You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.

Many here on the forum are to optimistic wanting to become millionaires for holding ten coins give or take. It just is not happening and even if it did the people who was calling for it would have sold long before.
I have 10btc in one paper wallet so can only hope I am wrong and it does make me a million, I won't hold my breath for it though.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: rtrtcrypto on February 05, 2016, 10:09:23 AM

If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.

With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.

You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.

Topic: 10 BTC. Will I be a millionaire by 2030? - page 26. (Read 41305 times)