10 BTC. Will I be a millionaire by 2030? - page 27.

gkv9

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Quote from: azguard on February 05, 2016, 06:41:41 AM

Quote from: the_poet on February 03, 2016, 08:22:12 PM

Quote from: mrhelpful on February 03, 2016, 08:09:04 PM

Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

10 btc currently is only $3,704 are current rates.

I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.

Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000.

this can be achieved even sooner but there are lot of factor to decide we might seen that 10btc which is hard dont worth much also 10btc can be nice amount but we only have to wait for it

It's not just hard, but very hard... But all I would say that nothing's impossible in this world to achieve and so, BTC does possess the possibility for it to reach at least 200 times the price it currently has...

rtrtcrypto

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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.

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Quote from: the_poet on February 03, 2016, 08:22:12 PM

Quote from: mrhelpful on February 03, 2016, 08:09:04 PM

Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

10 btc currently is only $3,704 are current rates.

I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.

Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000.

this can be achieved even sooner but there are lot of factor to decide we might seen that 10btc which is hard dont worth much also 10btc can be nice amount but we only have to wait for it

hasiramasenju

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Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

i consider that 10 btc will not make you rich if we see with the current price because with 10 btc you even can not buy a new car with $3800 but nothing impossible in this world and might be 1 btc will reach to $10k in the future

Bitcoinbro

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Quote from: the_poet on February 03, 2016, 08:22:12 PM

Quote from: mrhelpful on February 03, 2016, 08:09:04 PM

Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

10 btc currently is only $3,704 are current rates.

I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.

Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000.

I do not see this happen, the bitcoin will be rise to a high number.

It will rise but I don't think it will rise to such a high number.

I think we just need to wait till its so far.

jt byte

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That would ever be touched. But I think frankly not.
You never know namely what can happen. Bitcoin might exist at that time no longer whether it is really bad right with Bitcoin.

You can not know because it is unpredictable.

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Quote from: mrhelpful on February 03, 2016, 08:09:04 PM

Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

10 btc currently is only $3,704 are current rates.

I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.

Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000.

mrhelpful

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Quote from: BlackPanda on February 03, 2016, 06:20:35 PM

for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

10 btc currently is only $3,704 are current rates.

I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.

BlackPanda

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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.

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Quote from: Newcoins2020 on January 27, 2016, 11:27:12 AM

I don't think you will be a millionaire. Times change. Bitcoin perhaps does not even exist anymore.

Or is there another method of payment, you never know. You can not go now predict.

There isn't really point in having anything else since bitcoin can be "modified" one day, if it becomes an imperative for it to change.
Point is that decentralized money transfers are the future, just like everything else in similar branch, and bitcoin is the ultimate adaptable solution.

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Quote from: FruitBucket on January 31, 2016, 04:41:52 PM

Quote from: makingwin1 on January 27, 2016, 02:07:18 PM

you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit

It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily.

People are flocking to altcoins and other different projects. No common people will ever adopt Bitcoin that's actually quite clear right now after Hearn's statements, it's sad but true but he was right in many points. Unless Bitcoin can create some actual demand from the mainstream it will die and it will die soon. Right now it only exists because it's a gateway and bridge to other altcoins and projects plus it's an investment commodity but that won't hold for long in my opinion.

I suggest you diversify your portfolio and get into new and upcoming projects in the crypto world.

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Quote from: FruitBucket on January 31, 2016, 04:41:52 PM

Quote from: makingwin1 on January 27, 2016, 02:07:18 PM

you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit

It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily.

The price of a mass product or a media company is related to the square of the users. So 10 times of user increase is equal to 100 times value increase.

FruitBucket

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Quote from: makingwin1 on January 27, 2016, 02:07:18 PM

you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit

It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily.

makingwin1

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you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit

Herbert2020

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Quote from: romero121 on January 27, 2016, 06:46:13 AM

Quote from: Altynbekova on January 27, 2016, 05:04:57 AM

Its possible but I don't think it will happen, in 2030 there will be only digital currency's.
I think the bitcoin will be dead in 2030 and there will stand up a other digital currency.
The bitcoin will be worth much in the future but I think it will not hold till 2030.

It all depend on how the price getting increased over the coming years. By the year 2030 probably you and users owing 10btc will be millionaires. Even if there is not much growth we can experience a random growth with certain time gaps

in order to have a one of million dollar, bitcoin price needs to go as high as $100,000 so if you want to call it a millionaire it needs to go 50 times more than that.

it is hard to predict 15 years from now but i don't think bitcoin price can rise up to that much money. it sounds nearly ridiculous.

Newcoins2020

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I don't think you will be a millionaire. Times change. Bitcoin perhaps does not even exist anymore.

Or is there another method of payment, you never know. You can not go now predict.

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Quote from: romero121 on January 27, 2016, 06:46:13 AM

Quote from: Altynbekova on January 27, 2016, 05:04:57 AM

Its possible but I don't think it will happen, in 2030 there will be only digital currency's.
I think the bitcoin will be dead in 2030 and there will stand up a other digital currency.
The bitcoin will be worth much in the future but I think it will not hold till 2030.

It all depend on how the price getting increased over the coming years. By the year 2030 probably you and users owing 10btc will be millionaires. Even if there is not much growth we can experience a random growth with certain time gaps

I guess bitcoin will not die, and there will always grow faster than other coins, and I think indeed bitcoin prices will rise in 2030 but I think at that moment probably 10 BTC has not been enough to make someone a millionaire

romero121

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Quote from: Altynbekova on January 27, 2016, 05:04:57 AM

Its possible but I don't think it will happen, in 2030 there will be only digital currency's.
I think the bitcoin will be dead in 2030 and there will stand up a other digital currency.
The bitcoin will be worth much in the future but I think it will not hold till 2030.

It all depend on how the price getting increased over the coming years. By the year 2030 probably you and users owing 10btc will be millionaires. Even if there is not much growth we can experience a random growth with certain time gaps

FruitBucket

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Quote from: Altynbekova on January 27, 2016, 05:04:57 AM

Its possible but I don't think it will happen, in 2030 there will be only digital currency's.
I think the bitcoin will be dead in 2030 and there will stand up a other digital currency.
The bitcoin will be worth much in the future but I think it will not hold till 2030.

We can always develop the bitcoin and make it adapt to the changing environment. So it will not die.

Altynbekova

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Its possible but I don't think it will happen, in 2030 there will be only digital currency's.
I think the bitcoin will be dead in 2030 and there will stand up a other digital currency.
The bitcoin will be worth much in the future but I think it will not hold till 2030.

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