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Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 11. (Read 77417 times)

full member
Activity: 225
Merit: 100
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Oh, there are some possibility that price will be of 10000$ in 2020, but could be also 0$. So, you choice, but only thing that I can advice you is to HODL !
sr. member
Activity: 338
Merit: 251
Going from $1 to $10 per coin was something that can happen relatively easily, because it doesn't take that much money. Going from $10 to $100 is a lot harder because it takes 10x the previous jump in market cap. From $100 to $1,000 takes 100 times the investment that it took to get from $1 to $10.

To get from $1,000 to $10,000 takes 1,000 times the investment, or 100,000%, more money, that it took to go from $1 to $10! Good luck getting that kind of new money coming into the market. I hope it will happen one day, but I'm not counting on it. I'd give $10,000 a coin at least 20 more years, if ever. I think $1,000 a coin in 5 years is reasonable. Count on anything more and you probably don't know much about how market cap works and why exponential growth beyond where we are now is almost impossible.

Most people will never want a bitcoin and that's a fact. Our market saturation is almost complete. Lets just be happy it came this far.
full member
Activity: 154
Merit: 100
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.


The question is will you be able to reach 2020?  Roll Eyes

And if you will be able to reach 2020, would bitcoin still be accepted by then?  Roll Eyes
sr. member
Activity: 406
Merit: 250
Follow me to the Profitland.
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

It'll be more than $10,000 per bitcoin in 2020. You'll definitely be a millionaire by then with your 100 Bitcoin.
hero member
Activity: 896
Merit: 1000
Live Stars - Adult Streaming Platform
If you want to be a millionare in 2020 make sure to work hard and create an unique product.

Don't expect bitcoin to make you a millionare. It's not the purpose of bitcoin Wink
hero member
Activity: 644
Merit: 500
2020 pfff for sure, if i had to bet i'd say in about 2 years.

That's very optimistic.
$10.000 per coin is 2 years is a brave bet.
Give it 5 years (still very optimistic), and I would be with you.
Yup Its sure it will cross more than 10000$ and If we have that 100 Bitcoins means I am we live with all time party life and we can enjoy our all moments. But BTC Mining is the matter for these kind of dream. we have to put hard effort to save BTC.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
i doubt that such goal is possible in such short period of time though its possible that you might be a millionaire after some more time than that lets hope you will achieve this goal as soon as possible
legendary
Activity: 1442
Merit: 1016
You can be a multimillionaire in 2020 with 100 bitcoins at a favorable exchange rate. The other issue is that the future is uncertain and this hundred does not cost a dime Wink

Well that's the risk we all here take I guess.
The good thing is IF Bitcoin succeeds it's value will be way way way more as it is now.
So this bet is very risky on one side but could definitely be worth on the other side.
legendary
Activity: 2142
Merit: 1012
You can be a multimillionaire in 2020 with 100 bitcoins at a favorable exchange rate. The other issue is that the future is uncertain and this hundred does not cost a dime Wink
hero member
Activity: 714
Merit: 500
SkyFall
100 BTC today will be worth a small fortune in 2020. Maybe 1000USD per bitcoin so yes, it is a great start towards being a millionare but you will to do much more for that.

Just time will tell.
sr. member
Activity: 364
Merit: 250
i dont think so even though its possible to happen theoretically the price will have to grow a lot if you want to be a millionaire with 100 bitcoins
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
if im the owner of that 100bitcoin
i should'nt waiting to 20year
let's trade it and growing it with my trade skill

I Think at 10year i will be millionare (insya Allah)
 Cool

2020 is just 5 years from now. It is possible the bitcoin will grow 40% a year, that is 5.37 in 5 years, if we times 400*5.37, that is $2,100 by 2020. With 100 bitcoin, you will have about $0.21 million.

The mass adoption is just getting started, so 40% per year on average could end up being just peanuts. By year 2020, i expect nothing less than at least 5k per coin.
In the end, it's just a fraction of users that we have; if the user base continues to increase the same way, there's no telling how far up the price may go.
hero member
Activity: 876
Merit: 568
( ͡⊙ ͜ʖ ͡⊙)
I hope btc keeps growing so we can be rich hahah

What does "rich" mean exactly for you ?
sr. member
Activity: 300
Merit: 250
I hope btc keeps growing so we can be rich hahah
sr. member
Activity: 406
Merit: 250
if im the owner of that 100bitcoin
i should'nt waiting to 20year
let's trade it and growing it with my trade skill

I Think at 10year i will be millionare (insya Allah)
 Cool

2020 is just 5 years from now. It is possible the bitcoin will grow 40% a year, that is 5.37 in 5 years, if we times 400*5.37, that is $2,100 by 2020. With 100 bitcoin, you will have about $0.21 million.
hero member
Activity: 644
Merit: 509
if im the owner of that 100bitcoin
i should'nt waiting to 20year
let's trade it and growing it with my trade skill

I Think at 10year i will be millionare (insya Allah)
 Cool
hero member
Activity: 616
Merit: 500
well i guess its possible to achieve if the price will sharply increase but i doubt that this will happen because of the price that is now
We don't know what will happen in the bitcoin ecosystem in the next 5 years. Just remember the price went from cents to $1000 in 4 years.
hero member
Activity: 658
Merit: 500
well i guess its possible to achieve if the price will sharply increase but i doubt that this will happen because of the price that is now
legendary
Activity: 3248
Merit: 1070
2020 pfff for sure, if i had to bet i'd say in about 2 years.

That's very optimistic.
$10.000 per coin is 2 years is a brave bet.
Give it 5 years (still very optimistic), and I would be with you.

i don't kown, everyone would have said the exact same thing you said in this post, two years before the last ath

"1k" is way too optimistic for 2013, but it happened at the end, we increased by ten fold
sr. member
Activity: 336
Merit: 250
That is a high price I hope it will be. But I dont think it won't be so high.

That is just a big dream. I am just happy with my 1 BTC.

It is not much but 320 USD is just a lot.
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