You could be a millionaire in 2030, but you can't never tell what will happen to bitcoins.
Well in my opinion to be millionair with bitcoins you need atleast 100BTC.
Topic: 10 BTC. Will I be a millionaire by 2030? - page 36. (Read 41305 times)
Keep on dreaming bud,
There is no chance in hell Bitcoin's value will increase 10,000x
There is no chance in hell Bitcoin's value will increase 10,000x
14 years is quite a long time. Bitcoin has made 10000x value increase in the past 6 years, so it is not completely unrealistic.
Besides, 10 btc at 1 million is not a 10,000x increase, but 'only' 2,500x at current price.
i must have missed the 10000x value increase in the past 6 years of bitcoin, because i don't remember any, if we consider the beginning until the 1200 ath, that's onyl 1200x increase
At the beginning the price wasn't $1 - price didn't reach $1 until early 2011.
At that point I had 0.5 BTC I'd got from Gavin's faucet, and another 50 BTC I'd mined (with my CPU!). I'd almost forgotten about Bitcoin ("BitCoin"!) until I read the Slashdot article, because a few months earlier I'd looked into how much money I could sell my BTC for, and I gave up when I discovered I'd only make a few dollars, and then I'd still have to convert that into GBP.
And think back to the famous pizza purchase - 1 BTC was priced at much less than 1 USD then.
Keep on dreaming bud,
There is no chance in hell Bitcoin's value will increase 10,000x
There is no chance in hell Bitcoin's value will increase 10,000x
14 years is quite a long time. Bitcoin has made 10000x value increase in the past 6 years, so it is not completely unrealistic.
Besides, 10 btc at 1 million is not a 10,000x increase, but 'only' 2,500x at current price.
i must have missed the 10000x value increase in the past 6 years of bitcoin, because i don't remember any, if we consider the beginning until the 1200 ath, that's onyl 1200x increase
Keep on dreaming bud,
There is no chance in hell Bitcoin's value will increase 10,000x
There is no chance in hell Bitcoin's value will increase 10,000x
14 years is quite a long time. Bitcoin has made 10000x value increase in the past 6 years, so it is not completely unrealistic.
Besides, 10 btc at 1 million is not a 10,000x increase, but 'only' 2,500x at current price.
i must have missed the 10000x value increase in the past 6 years of bitcoin, because i don't remember any, if we consider the beginning until the 1200 ath, that's only 1200x increase
There are many factors that need to be taken into consideration with the desire of being a millionaire...
If you have the will and courage to just move ahead and grow your coins more, you can become a millionaire as many had been, by trading their coins and growing them, but it involves a risk, a risk of either gaining or losing even what you have...
So, for you to become a millionaire, we will need BTC to reach $100,000, which doesn't seem possible ATM, seeing the current developments being undergoing...
As far as adoption is concerned, we first need to see the security it provides, we have witnessed many scams and hacks these days, so we need something to be completely "SECURED" for our coins to be stored at...
If you have the will and courage to just move ahead and grow your coins more, you can become a millionaire as many had been, by trading their coins and growing them, but it involves a risk, a risk of either gaining or losing even what you have...
So, for you to become a millionaire, we will need BTC to reach $100,000, which doesn't seem possible ATM, seeing the current developments being undergoing...
As far as adoption is concerned, we first need to see the security it provides, we have witnessed many scams and hacks these days, so we need something to be completely "SECURED" for our coins to be stored at...
IMO I really doubt you will be a millionaire, however I do think that if you manage to HODL all your coins until 2030 you will have a great ROI
LOL always amusing how the mood of posts is dictated by the most recent market movements. Lots of sideways, people will be super conservative. Just had a rally? oh well then it'll be 50k by 2016...
BTC>$100k by 2030 is certainly not the most outlandish prediction ever made on this board. In fact it's a conservative success scenario and a long time scale compared to many. There's this weird contradiction where people secretly hope to get rich overnight/fear missing out on giant bull runs, yet when it comes down to considering the implications over a long time scale they don't have the balls to follow through.
From surveys it would seem the number of people who own even that number of coins is actually quite small so I wouldn't say 'too many rich people' is such a killer argument, especially as 15 years allows plenty of time for many current holders to sell on their coins to new users.
BTC>$100k by 2030 is certainly not the most outlandish prediction ever made on this board. In fact it's a conservative success scenario and a long time scale compared to many. There's this weird contradiction where people secretly hope to get rich overnight/fear missing out on giant bull runs, yet when it comes down to considering the implications over a long time scale they don't have the balls to follow through.
From surveys it would seem the number of people who own even that number of coins is actually quite small so I wouldn't say 'too many rich people' is such a killer argument, especially as 15 years allows plenty of time for many current holders to sell on their coins to new users.
A millionaire with only 10 btc by 2030? It doesn't seem likely right now, but one never knows with bitcoin. I would say maybe more likely somewhere on the other side of 2040 with just 10 btc with mass adoption and if Bitcoin becomes bigger than what the internet became in that time.
With Bitcoin everything is possible and nothing is impossible. I only think you'll need to have much more coins to be a millionaire. I don't even think 50 Bitcoins will make you a millionaire.
A millionaire with only 10 btc by 2030? It doesn't seem likely right now, but one never knows with bitcoin. I would say maybe more likely somewhere on the other side of 2040 with just 10 btc with mass adoption and if Bitcoin becomes bigger than what the internet became in that time.
if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire 
Yes, they will
But like any other tech... The people who were first to realise the potential are going to gain the most.... But btc is still relatively cheap and undervalued at this time
The only comparison I can make is the people who invested in apple /Microsoft etc or similar before it took off
There is still a huge advantage at this price but the price is being watched by the big dogs, rest assured, the price will still rise exponentially
If you don't use or hold any btc, you will miss out but I don't need to say this to the people who already know, just the people who say they "missed the train " etc
Imo the train is still here and anyone who doesn't acquire a % if their classic asset will lose big.... The only difference is in 2013 max.... Was unexpected
The next rise will still make millionaires, they're is more important things at play now
Don't believe then don't buy..... Up2u
But plz don't cry of this is the last time we see $400§ for a full btc and you didn't buy any....
....
Keep on dreaming bud,
There is no chance in hell Bitcoin's value will increase 10,000x
There is no chance in hell Bitcoin's value will increase 10,000x
14 years is quite a long time. Bitcoin has made 10000x value increase in the past 6 years, so it is not completely unrealistic.
Besides, 10 btc at 1 million is not a 10,000x increase, but 'only' 2,500x at current price.
Keep on dreaming bud,
There is no chance in hell Bitcoin's value will increase 10,000x
There is no chance in hell Bitcoin's value will increase 10,000x
no you will still only have 10 btc. it may be worth 1 million mexican pesos or maybe even a few billion zimbabwe dollars. but no, btc wont be worth 100k usd each by 2030. we can hope for $10k in 15 years but that probably is also a stretch, unless the dollar is crazy devalued which doesn't look likely.
if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire
those people will dump long before, because their target is lower than those that have only 10 btc
so those "1k people" will be the "10 btc people" in the future, with the same opportunity for the former
Yes I agree! The distribution of wealth will be happening just as it's happening all this time so far. Yes, there are still people with 10,000+ bitcoins but there are not as many out there as they were in the beginning and not all of them who had 10,000 bitcoins at the certain moment are currently millionaires. People have been making all kinds of mistakes!
As for the OP's question, I don't know will you be a millionare with 10 BTCs but you will gain a considerable wealth from this in the future. Of that I am sure!
How many people all over the world can have 10 BTC in 2030. How many BTC will there exist in 2030? Is that about 12 million or so or am i wrong?
there are currently over 15M or around that amount of coins, the final step is 21M or so, but the real available coins are probably below 20M-18M
in 2030 if bitcoin is still alive will be unbelievable hard to acquire one bitcoin, i'm assuming already a 10k in price, as a stable value, otherwise we might have still problems about adoption...
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Indeed, if there are only about 21 million btc all over the world. Most of the people can't have very much BTC.
If you know there are a few miljard people now. We will maybe be rich with a few sat. BTC.
How many people all over the world can have 10 BTC in 2030. How many BTC will there exist in 2030? Is that about 12 million or so or am i wrong?
there are currently over 15M or around that amount of coins, the final step is 21M or so, but the real available coins are probably below 20M-18M
in 2030 if bitcoin is still alive will be unbelievable hard to acquire one bitcoin, i'm assuming already a 10k in price, as a stable value, otherwise we might have still problems about adoption...
if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire
No if 10btc makes someone a millionaire. Say $1,000,000 each then 100btc would still make them a millionaire won't it. OP no you will not be a millionaire with just 10btc in 2030 but that is obviously my opinion and you never know.
i dont think each bitcoin will be worth 100,000 in like 15 years so you're prolly not becoming a millionaire. but im guessing ull still be pretty rich.
That's true even I believe Bitcoin might not reach the value of $100,000 but still can't predict because when it started we all know how much was bitcoins value when compared to USD but now it's vice versa. You are right even if people with 10 BTC cannot become a millionaire but they will be much richer when compared with others.
I am true lover of bitcoin but i doubt it to survive till 2030, as due to vast technological development we may see quantum computer pooping before that 2030. So no you will not be millionaire, you will be with nothing in hand by 30.
better to keep on using bitcoin than saving it for many years.
better to keep on using bitcoin than saving it for many years.
Well ... that's certainly a possibility if Bitcoin really gains momentum and gets a strong foothold in the financial world, but I guess that'll indeed be for the long term. Perhaps a scenario comparable with the internet; a technological niche around 1995 but global and a prominent phenomenom in the lives of billions in 2010. One could nowadays claim a faucet that could be worth a months salary in 2030.
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