10 BTC. Will I be a millionaire by 2030? - page 33.

ssmc2

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Quote from: the_poet on December 11, 2015, 02:37:44 PM

Quote from: Was on December 11, 2015, 12:19:23 AM

Here's a basic rule if you plan on holding your coins in order to become incredibly wealthy.

Don't ever "cash out". That is, convert the coins into fiat currency in order to make them more liquid.

Wait until you're able to spend them on everything, from insurance, to property, to groceries and etc. This is when their value will be realized by the world.

Indeed. Bitcoin will be mainstream when the old ladies on the street start talking about it. Then, there will be no real reason to cash out.

When Oprah is handing out bits to her audience, we've reached critical mass. Cheesy

the_poet

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Bitcoin accepted here

Quote from: Was on December 11, 2015, 12:19:23 AM

Here's a basic rule if you plan on holding your coins in order to become incredibly wealthy.

Don't ever "cash out". That is, convert the coins into fiat currency in order to make them more liquid.

Wait until you're able to spend them on everything, from insurance, to property, to groceries and etc. This is when their value will be realized by the world.

Indeed. Bitcoin will be mainstream when the old ladies on the street start talking about it. Then, there will be no real reason to cash out.

Ocytrem

member

Activity: 80

Merit: 10

Well that I htink not 10BTC. I think you will get millionair in 2040 with 10BTC.
But you never know what will happen to bitcoin.

Ruzka

hero member

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Quote from: zimmah on December 10, 2015, 07:38:07 PM

Quote from: Apsara on December 07, 2015, 07:28:54 AM

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.

10 bitcoins is a lot, not even 2 million people can ever have that much. And there are a lot of millionaires in the world.

According to a quick search you are looking at between 15-20 million millionaires in the world. Saying that though bitcoin would need to be a world currency which no doubt will not be. If it is then now I'm having second thoughts about it if 10 bitcoin could possibly make you a millionaire by 2030, the answer is yes.. Ah and me and many in the bitcoin world assuming you are a die hard hodl and can hold that long..

Mickeyb

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Move On !!!!!!

Quote from: Amph on December 11, 2015, 03:49:51 AM

Quote from: Biodom on December 10, 2015, 08:59:32 PM

Quote from: Amph on December 10, 2015, 03:28:15 AM

Quote from: Wexlike on December 09, 2015, 06:29:16 PM

Quote from: Amph on December 09, 2015, 02:27:45 PM

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

A fake trust from the fake satoshi. *yaaawn* Roll Eyes

yeah i went in depth about the thing, and even the signing pgp seems fake as hell, so this whole story is bullshit as it is presented right now

It does not matter if that part of the story (re Satoshi) is true or not, but Tulip trust fund with 1 mil btc in it to be open on Jan 1 2020 is real as this is easily verifiable information, which the journo checked.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020, yet gives Wright the freedom to borrow them for applications including “research into peer-to-peer systems” and “commercial activities that enhance the value and position of bitcoin.”

even if it is true, who will assure us that they will be unlocked in 2020, it could be another bullshit, like the rest oft he article

So this basically says that Bitcoin is bound to die in the year 2020!

What a bunch of crap if you are asking me honestly!

Amph

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Activity: 3248

Merit: 1070

Quote from: Biodom on December 10, 2015, 08:59:32 PM

Quote from: Amph on December 10, 2015, 03:28:15 AM

Quote from: Wexlike on December 09, 2015, 06:29:16 PM

Quote from: Amph on December 09, 2015, 02:27:45 PM

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

A fake trust from the fake satoshi. *yaaawn* Roll Eyes

yeah i went in depth about the thing, and even the signing pgp seems fake as hell, so this whole story is bullshit as it is presented right now

It does not matter if that part of the story (re Satoshi) is true or not, but Tulip trust fund with 1 mil btc in it to be open on Jan 1 2020 is real as this is easily verifiable information, which the journo checked.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020, yet gives Wright the freedom to borrow them for applications including “research into peer-to-peer systems” and “commercial activities that enhance the value and position of bitcoin.”

even if it is true, who will assure us that they will be unlocked in 2020, it could be another bullshit, like the rest oft he article

Was

member

Activity: 75

Merit: 14

We are Satoshi.

Here's a basic rule if you plan on holding your coins in order to become incredibly wealthy.

Don't ever "cash out". That is, convert the coins into fiat currency in order to make them more liquid.

Wait until you're able to spend them on everything, from insurance, to property, to groceries and etc. This is when their value will be realized by the world.

Biodom

legendary

Activity: 3892

Merit: 4331

Quote from: Amph on December 10, 2015, 03:28:15 AM

Quote from: Wexlike on December 09, 2015, 06:29:16 PM

Quote from: Amph on December 09, 2015, 02:27:45 PM

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

A fake trust from the fake satoshi. *yaaawn* Roll Eyes

yeah i went in depth about the thing, and even the signing pgp seems fake as hell, so this whole story is bullshit as it is presented right now

It does not matter if that part of the story (re Satoshi) is true or not, but Tulip trust fund with 1 mil btc in it to be open on Jan 1 2020 is real as this is easily verifiable information, which the journo checked.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020, yet gives Wright the freedom to borrow them for applications including “research into peer-to-peer systems” and “commercial activities that enhance the value and position of bitcoin.”

zimmah

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Activity: 1106

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Quote from: Apsara on December 07, 2015, 07:28:54 AM

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.

10 bitcoins is a lot, not even 2 million people can ever have that much. And there are a lot of millionaires in the world.

azguard

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Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: davinchi on December 09, 2015, 11:38:29 PM

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

You are absolutely right.
I do see many people are simply targeting only $1000 levels alone. Some people may sell at higher prices and may end up in disappointments on waiting for a lower prices.
So, only the iron hearted and deserved people will enjoy the full benefits by the year 2030.

sure it it cuz in nature we all want to have more money cuz we think in that case we will solve any problem but in most cases that not the issue
holding 10 btc for 15-20 year is good thing selling them for right price also good thing if someone is thinking that will satisfy him/her
also investing may be gamble but sometimes good gamble may be the key for holding even more btc in stash

LuckyYOU

sr. member

Activity: 280

Merit: 250

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

This is true, happened to me as well. It's especially hard when you know you can sell/exchange and know you could make 100% profit of the actual amount that you bought your bitcoins with.

pissedoff

hero member

Activity: 616

Merit: 500

Quote from: newcoins1978 on December 10, 2015, 04:30:55 AM

Quote from: pissedoff on December 10, 2015, 04:10:57 AM

Quote from: davinchi on December 09, 2015, 11:38:29 PM

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

You are absolutely right.
I do see many people are simply targeting only $1000 levels alone. Some people may sell at higher prices and may end up in disappointments on waiting for a lower prices.
So, only the iron hearted and deserved people will enjoy the full benefits by the year 2030.

I agree with you. Many people sell off once they see the price going up more than they bought for.

Well yeah that is true you can sell some of bitcoins if it goes up.
Is just dumb that some just sell all, because it goes up maybe just sell some and wait for more increase and buy also little amounts.

I think its best to hold all your bitcoins when the price starts to increase and sell a little when you see a downward pressure on the price.

newcoins1978

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Activity: 406

Merit: 250

Quote from: pissedoff on December 10, 2015, 04:10:57 AM

Quote from: davinchi on December 09, 2015, 11:38:29 PM

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

You are absolutely right.
I do see many people are simply targeting only $1000 levels alone. Some people may sell at higher prices and may end up in disappointments on waiting for a lower prices.
So, only the iron hearted and deserved people will enjoy the full benefits by the year 2030.

I agree with you. Many people sell off once they see the price going up more than they bought for.

Well yeah that is true you can sell some of bitcoins if it goes up.
Is just dumb that some just sell all, because it goes up maybe just sell some and wait for more increase and buy also little amounts.

pissedoff

hero member

Activity: 616

Merit: 500

Quote from: davinchi on December 09, 2015, 11:38:29 PM

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

You are absolutely right.
I do see many people are simply targeting only $1000 levels alone. Some people may sell at higher prices and may end up in disappointments on waiting for a lower prices.
So, only the iron hearted and deserved people will enjoy the full benefits by the year 2030.

I agree with you. Many people sell off once they see the price going up more than they bought for.

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Wexlike on December 09, 2015, 06:29:16 PM

Quote from: Amph on December 09, 2015, 02:27:45 PM

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

A fake trust from the fake satoshi. *yaaawn* Roll Eyes

yeah i went in depth about the thing, and even the signing pgp seems fake as hell, so this whole story is bullshit as it is presented right now

davinchi

legendary

Activity: 2100

Merit: 1058

Quote from: oblivi on December 09, 2015, 08:11:38 PM

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

You are absolutely right.
I do see many people are simply targeting only $1000 levels alone. Some people may sell at higher prices and may end up in disappointments on waiting for a lower prices.
So, only the iron hearted and deserved people will enjoy the full benefits by the year 2030.

oblivi

hero member

Activity: 700

Merit: 501

It's pretty much guaranted 10 BTC in 2030 will be a fortune, what is not guaranteed is that you will hold them for so long.. most people will give up the temptation during bubbles and will sell.

Wexlike

legendary

Activity: 1473

Merit: 1086

Quote from: Amph on December 09, 2015, 02:27:45 PM

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

A fake trust from the fake satoshi. *yaaawn* Roll Eyes

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: Biodom on December 09, 2015, 12:19:41 PM

Quote from: Amph on December 09, 2015, 03:42:25 AM

Quote from: Biodom on December 09, 2015, 12:30:21 AM

This all became irrelevant since there is a trust fund that will unlock 1.1 mil BTC on Jan 1 2020.
It will all depends on what happens then.

what you're talking about, what funds? and why in 2020?

yesterdays revelations:
http://www.wired.com/2015/12/bitcoins-creator-satoshi-nakamoto-is-probably-this-unknown-australian-genius/

whether he is or isn't is less relevant right now, but 1.1mil bitcoins trust fund is real for sure.

Quote

Wright’s “Tulip” trust fund of 1.1 million bitcoins may hold the key to that mystery. The trust fund PDF signed by Wright’s late friend David Kleiman keeps those coins locked in place until 2020...He could be leveraging the trust in less visible ways, like legally transferring ownership of money to fund his companies while still leaving it at the same bitcoin address...Or he might still be waiting for January 1st, 2020, a countdown to a date that could take the lid off the biggest cryptocurrency fortune in history.

interesting, i've missed that, so he proceed to dump that on the market, or you're implying that those coins will help the growth of bitcoin in 2020?

Loimu

full member

Activity: 210

Merit: 100

Will you be millionaire with 10 BTC? Well that would mean that one BTC must be worth minimum $100 000... I actually see it possible. You can call me crazy. Why?

Well we are talking about 15 years. Fifteen! That is a long time. Now remember, that over 70% of bitcoins that will be mined ever have already been mined. During the next 15 years there will be halvings and less and less bitcoins gets mined per year. It is estimated that in 2025 about 95% have been mined. Maybe close to 100% by 2030.

So, bitcoin has had life of almost 7 years and over 70% of the coins are already in circulation. With the next 15 years only 20% of total circulation will be added to that. Add the fact that adoption and popularity happens in masses, I see that the price will hugely rise. Of course. Just imagine. There will be so much more people using bitcoin within the next 15 years but not that many new bitcoins are mined to be used. So the existing bitcoins must raise in value. Pretty simple.

Topic: 10 BTC. Will I be a millionaire by 2030? - page 33. (Read 41305 times)