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Topic: 10 BTC. Will I be a millionaire by 2030? - page 3. (Read 41305 times)

sr. member
Activity: 337
Merit: 250
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100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

Bitcoin would have to be very expensive them but i am sure that if bitcoin will be alive for that long, it's price will br very large too
sr. member
Activity: 256
Merit: 250
Maybe not a millionaire, but It would be more than enough for retirement.
sr. member
Activity: 286
Merit: 250
maybe yess but it's seem imposible,now the value of 10btc is only arround $6.500. but if people keep holding bitcoin, and new investor come everyday i think with 100btc we can be amillionare by 2030

10 BTC it will be possible become a millionaire in 2030, if the price of bitcoin in that year reach $100,000.
but it is impossible is the price of bitcoin will reach very high in the future. so right, we need at least 100 BTC to anticipating low price in the future.

Yes if you hold 100 or more btc in your wallet then you can become millionaire in future even if price doesn't reaches to the moon, and its surely not possible with 10 btc.
indeed nothing is impossible, even 10 BTC can make you a millionaire in the future. but I think it would be very long if you're just preparing 10 BTC to become a millionaire. I am pretty sure you must have more than 10 BTC, probably 100 BTC is enough for that, but still, when you need to be millionaire was quite long, because no one is certain about the price of bitcoin

I agree with that totally. It might just take 15 to 20 years for the bitcoin to reach the price of $100,000 each.
legendary
Activity: 2758
Merit: 1004
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maybe yess but it's seem imposible,now the value of 10btc is only arround $6.500. but if people keep holding bitcoin, and new investor come everyday i think with 100btc we can be amillionare by 2030

10 BTC it will be possible become a millionaire in 2030, if the price of bitcoin in that year reach $100,000.
but it is impossible is the price of bitcoin will reach very high in the future. so right, we need at least 100 BTC to anticipating low price in the future.

Yes if you hold 100 or more btc in your wallet then you can become millionaire in future even if price doesn't reaches to the moon, and its surely not possible with 10 btc.
indeed nothing is impossible, even 10 BTC can make you a millionaire in the future. but I think it would be very long if you're just preparing 10 BTC to become a millionaire. I am pretty sure you must have more than 10 BTC, probably 100 BTC is enough for that, but still, when you need to be millionaire was quite long, because no one is certain about the price of bitcoin
hero member
Activity: 924
Merit: 1000
maybe yess but it's seem imposible,now the value of 10btc is only arround $6.500. but if people keep holding bitcoin, and new investor come everyday i think with 100btc we can be amillionare by 2030

10 BTC it will be possible become a millionaire in 2030, if the price of bitcoin in that year reach $100,000.
but it is impossible is the price of bitcoin will reach very high in the future. so right, we need at least 100 BTC to anticipating low price in the future.

Yes if you hold 100 or more btc in your wallet then you can become millionaire in future even if price doesn't reaches to the moon, and its surely not possible with 10 btc.
legendary
Activity: 1232
Merit: 1000
maybe yess but it's seem imposible,now the value of 10btc is only arround $6.500. but if people keep holding bitcoin, and new investor come everyday i think with 100btc we can be amillionare by 2030

10 BTC it will be possible become a millionaire in 2030, if the price of bitcoin in that year reach $100,000.
but it is impossible is the price of bitcoin will reach very high in the future. so right, we need at least 100 BTC to anticipating low price in the future.
hero member
Activity: 644
Merit: 509
maybe yess but it's seem imposible,now the value of 10btc is only arround $6.500. but if people keep holding bitcoin, and new investor come everyday i think with 100btc we can be amillionare by 2030
member
Activity: 70
Merit: 10
I think you will need at least three times the amount.
But who knows? Many things can happen during this period of time.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.

Yeah its not possible to become millionaire with 10 bitcoin, but if you are holding 100 btc then you can definitely become millionaire but its not possible for everyone to hold that huge amount.

It all depends on the price of the bitcoin. I am pretty sure the bitcoin price will be at least $10,000 in 2030.

you do not get too confident that prices in 2030 will reach $10,000, so you think only have 10 BTC to become a millionaire.
but you have to think if low prices occur in the future, so this time you can collect more bitcoin to become a millionaire. at least have 100 BTC was quite.

Yeah and we have an opportunity to earn at a moment so why should not make best use of it an try to earn as much as possible for future.
legendary
Activity: 1092
Merit: 1000
In the long term, the bitcoin price will rise due to mass adoption. In 14 years, the bitcoin price could be $200,000.

I think you are pretty conservative here.
Despite the adaption rate will decline when the majority of the masses have adopted bitcoin as their currency, the inflation is also getting lower. Therefore I think 10 000 % increase after each blockhalving is actually quite realistic. That means, the current blockhalving should result price of around 60 000 usd/btc sometime in the coming years. The block halving of 2020 will make the price to millions of dollars per bitcoin so 2030 holding even 0.1 btc should be able to make you a millionaire not to mention of holding 10 btc.
The advantage of owning more bitcoins is sooner millionaire status.
I don't see how the inflation rate decrease once more people use to give demand on coin, isn't it should be the other way around? Inflation should increase fast because it will be use for more users.

In fiat system the inflation should increase with the increase in economic growth because higher GDP requires more money.
The beauty with bitcoin is that it is tightly limited to 21 million coins. When bitcoin economy grows, more coins are needed and the holders need to sell but if they are like me it has to be more expensive to make me selling even a small amount of coins. Therefore Bitcoin is like a pyramid scheme where the new comers will make the price to rise and the existing holders will gain if they buy and hold the longest time. The best thing is that the new comers do not need to worry about at what price they will pay for their bitcoin - it still is a bitcoin and a part of the global digital currency pie.
legendary
Activity: 1960
Merit: 1026
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.

Yeah its not possible to become millionaire with 10 bitcoin, but if you are holding 100 btc then you can definitely become millionaire but its not possible for everyone to hold that huge amount.

It all depends on the price of the bitcoin. I am pretty sure the bitcoin price will be at least $10,000 in 2030.

you do not get too confident that prices in 2030 will reach $10,000, so you think only have 10 BTC to become a millionaire.
but you have to think if low prices occur in the future, so this time you can collect more bitcoin to become a millionaire. at least have 100 BTC was quite.
hero member
Activity: 722
Merit: 500
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.

Yeah its not possible to become millionaire with 10 bitcoin, but if you are holding 100 btc then you can definitely become millionaire but its not possible for everyone to hold that huge amount.

It all depends on the price of the bitcoin. I am pretty sure the bitcoin price will be at least $10,000 in 2030.
hero member
Activity: 672
Merit: 503
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.

Yeah its not possible to become millionaire with 10 bitcoin, but if you are holding 100 btc then you can definitely become millionaire but its not possible for everyone to hold that huge amount.
sr. member
Activity: 420
Merit: 250
10 BTC will not make you a millionaire, not now, not over 5 years, not over 50 years. Bitcoin's price is limited and it sure will not reach 100k.
Use bitcoin as it was intended for.. transactions.
legendary
Activity: 1036
Merit: 1002
Well its nothing is impossible you to be a millionaire by 2030 because no one can predict bitcoin price in that year so may your speculation get true . Keep in dreaming coz we are in the world that have freedom to dream. Maybe next year or next month bitcoin jump to 50,000$ each.
full member
Activity: 182
Merit: 100
2030 is 14 years from now. If the bitcoin price double every 2 years, the price will be 100 times highers, So each coin is about $60,000. You need more than 16.
That's a very calcuation and it can't speculate anything because not all the time the price of bitcoin will double every two years, it will depend on how fast the adoptation on the coin would be. I believe it will be more quicker since after 10 years we might be seeing a world with full of technology in it.
legendary
Activity: 1092
Merit: 1000
It is impossible that with 10 bitcoins you will be a millionaire by 2030, i think you should own about 100+ bitcoins for reaching that much amount of money.
I think that he will need more Bitcoin then only ten of them because I believe that ten is not going to be enough to become a millionaire.
The thing that I suggest is that you try to earn enough of them because that way you can make more money.


I think it is enough to have 10 btc to become a millionaire by 2030. But the advantage of having more than 10 btc is the fact that the millionaire status will be achieved faster.
Therefore, if you have 10 btc you might take a target of getting 90 more bitcoins to get 100 btc so you might become a millionaire even before the next halving which is in 2020.
If you have 100 btc now you might want to try to get 100 more bitcoins just in case.  Grin
Do not play with alt coins (unless you carefully handpick one) since they are made for making the developers rich and the investors loss. The idea of an altcoin is simple: create a coin with premine that you hold. Then launch it for everybody to mine. Then you get the miners + you with the same interest. The miners will be the cheerleaders of the developer and they will pump the coin like crazy. When you have bought the price to the moon, behold the developer will start a dump and sell all of his coins to your bags. Then suddenly once the developer has sold, he will be busy with other projects and cannot find time to the coin you own anymore. Rinse and repeat.  Grin
sr. member
Activity: 286
Merit: 250
In the long term, the bitcoin price will rise due to mass adoption. In 14 years, the bitcoin price could be $200,000.

I think you are pretty conservative here.
Despite the adaption rate will decline when the majority of the masses have adopted bitcoin as their currency, the inflation is also getting lower. Therefore I think 10 000 % increase after each blockhalving is actually quite realistic. That means, the current blockhalving should result price of around 60 000 usd/btc sometime in the coming years. The block halving of 2020 will make the price to millions of dollars per bitcoin so 2030 holding even 0.1 btc should be able to make you a millionaire not to mention of holding 10 btc.
The advantage of owning more bitcoins is sooner millionaire status.
I don't see how the inflation rate decrease once more people use to give demand on coin, isn't it should be the other way around? Inflation should increase fast because it will be use for more users.

The inflation of the bitcoin is limited and known. The newly mined coin will be fewer and fewer in the future.
full member
Activity: 182
Merit: 100
In the long term, the bitcoin price will rise due to mass adoption. In 14 years, the bitcoin price could be $200,000.

I think you are pretty conservative here.
Despite the adaption rate will decline when the majority of the masses have adopted bitcoin as their currency, the inflation is also getting lower. Therefore I think 10 000 % increase after each blockhalving is actually quite realistic. That means, the current blockhalving should result price of around 60 000 usd/btc sometime in the coming years. The block halving of 2020 will make the price to millions of dollars per bitcoin so 2030 holding even 0.1 btc should be able to make you a millionaire not to mention of holding 10 btc.
The advantage of owning more bitcoins is sooner millionaire status.
I don't see how the inflation rate decrease once more people use to give demand on coin, isn't it should be the other way around? Inflation should increase fast because it will be use for more users.
sr. member
Activity: 286
Merit: 250
Thats not a realistic speculation for that bitcoin would reach that amount , maybe $5k would be possible in 2030. No one knows what would be the price of bitcoin in upcoming years.
If ill own 1000BTC then i guess i would be a millionaire to that year.
even if at this moment you have 1000 BTC you may already be classed as a millionaire. but has 10 BTC in 2030 will not make you a millionaire, maybe you'll be a rich man, but not classified as a millionaire. if the price of bitcoin amount to $ 10,000 in the year, you only have $ 100,000 if it has 10 BTC, I think it is money that is fitting to build a family

2030 is 14 years away from now. I think the price could be between 12,000 to 100,000 dollars. So 10 bitcoin could make you a millionaire.
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