100 bitcoins. Will I be a millionaire by 2020? - page 14.

jt byte

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Quote from: RealBitcoin on November 01, 2015, 02:43:42 PM

Quote from: ekissane on February 07, 2015, 10:11:12 AM

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$.

You could become a rich person by then.

Well you guys really are very very optimistic about the price.
It is simple too high at least for me because from 300 to 50,000 is a huge difference.
To make this change there is not enough time and i think its impossible for almost 6 years from now.

LFC_Bitcoin

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Quote from: Amph on November 01, 2015, 03:51:11 AM

only one thing is certain, in 2020 with the third halving, miners are forced to leave if the price don't increase, so the price will increase for sure, otherwise bitcoin will die at 100%

so 2020 is the last eyar for bitcoin to remain in this stagnation

Interesting angle on it Amph, very thought provoking. Thanks!

RealBitcoin

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Quote from: ekissane on February 07, 2015, 10:11:12 AM

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

Probably, by 2021 the inflation will be ~1.8% , by then the bitcoin price can be way over 50,000$.

You could become a rich person by then.

Denker

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Quote from: minerbit hill on November 01, 2015, 09:10:30 AM

Quote from: Mickeyb on November 01, 2015, 05:16:23 AM

Quote from: jt byte on November 01, 2015, 04:00:10 AM

OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it!

Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two!

I think it is on its way to get disappear...however this speculation is highly dependent on halving ,so lets just wait till then.

For a thing to get to disappear it created a lot of attention the last several months don't you think?
I believe as well it will be one of the two scenarios.Either going down to oblivion or going to evolve to one of the greatest things over the last several decades which will influence all of us and change our daily life and entire industries for the next several decades while being worth an astronomic amount.

minerbit hill

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Quote from: Mickeyb on November 01, 2015, 05:16:23 AM

Quote from: jt byte on November 01, 2015, 04:00:10 AM

OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it!

Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two!

I think it is on its way to get disappear...however this speculation is highly dependent on halving ,so lets just wait till then.

jt byte

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Quote from: Mickeyb on November 01, 2015, 05:16:23 AM

Quote from: jt byte on November 01, 2015, 04:00:10 AM

OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it!

Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two!

Satoshi the master of bitcoin Tongue

, yes i read that sentence.
But 10BTC is really low now comparing with 1 million dollars.
Well saying the truth i hope too, maybe even with a single bitcoin.

1Referee

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Quote from: Kevin77 on November 01, 2015, 01:48:23 AM

I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.

In order to achieve that, we need to see a lot money from institutional investors flow into Bitcoin. For that to happen, we need to offer them way better exchanges and the best and safest possible trading platform. Current exchanges are nothing and will shit in their pants when they see investors want to deposit 20-100 million. No one in his right mind would deposit these amounts into the current exchanges.

Mickeyb

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Quote from: jt byte on November 01, 2015, 04:00:10 AM

OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

If this thing really takes off, $10,000 is nothing in my opinion. You might be a millionaire even with 10 bitcoins. Yes I said it!

Even Satoshi has said that this thing will be either huge after some time or it will just dissappear. I honestly believe this will be a case, one of these two!

dothebeats

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Quote from: Bagatell on November 01, 2015, 04:03:39 AM

30 years? The average life expectancy of a fiat currency is 27 years. Undecided

With USD? 27 is not enough lol. US will keep on covering up the weakness of their currency for too long. Also in 27 years, do you think we'll be wanting to convert to fiat if our coins can buy us almost everything? Wink

Denker

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Quote from: jt byte on November 01, 2015, 04:00:10 AM

OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

He will be millionaire way earlier. In 30 years he is going to be uber rich!!

Denker

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Quote from: Dilla on October 31, 2015, 07:58:51 PM

Next year, if not, then 2017

That would mean at least $10k per coin in 14 months.An increase of x31 in that short period of time would be more than mindblowing I guess. Sure say never ever but I think 2020 is the more realistic goal to achieve that.

katafrag

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Quote from: ekissane on February 07, 2015, 10:11:12 AM

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

you're already a multi-coiner, be happy

Searing

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Quote from: ekissane on February 07, 2015, 10:11:12 AM

What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

I sure hope so ...with my 2500 LTC I'm holding (and hoping to move to BTC at the right time...last of my hoard don't ya know) and what I think I can mine out of my 2 titans yet..;plus..what I got from 2013-2014 knc 550gh jupiter...I should be well OVER the equiv in BTC counting the above by the end of this year.

So I hope you are an oracle of the future. I'd be set indeed.

(I also believe in 'virtual currency' ie bitcoin...so by inference by most 'normal not crypto folk' means I also believe in unicorns/rainbows/and fairies...or so I'm told often)

Bagatell

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30 years? The average life expectancy of a fiat currency is 27 years. Undecided

jt byte

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OP is pretending to be millionaire by 100BTC which is pretty hard.
At least the price of bitcoin should be around 10,000 USD.
I think that by 2020 that is not going to happen, maybe after 30years.

dothebeats

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Quote from: Kevin77 on November 01, 2015, 01:48:23 AM

I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.

That is, if the price continue to hold on from there and not crash to establish a new floor. It seems that peoplw are eagerly waiting for four digits only to offload their stashes. :/

Amph

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only one thing is certain, in 2020 with the third halving, miners are forced to leave if the price don't increase, so the price will increase for sure, otherwise bitcoin will die at 100%

so 2020 is the last year for bitcoin to remain in this stagnation

lexuz

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Quote from: Kevin77 on November 01, 2015, 01:48:23 AM

I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.

still too far to prediction who hold 100 bitcoins will be a millionaire by 2020. At least we must see where bitcoin price want to go up or down
If bitcoin price back to $1000, i guess he have a chance to be a millionaire

Kevin77

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I strongly agree that hundred bitcoins will make you millionaire by the year 2020. Almost 5 years are there, so anything is possible in this much time span. The recent price rise is the good example for anything would happen at any time in bitcoin ecosystem.

mtnsaa

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I wouldn't invest that much on Bitcoin, but that of course is very personal. It's just the risk is too much to lose it all really. If Bitcoin really, actually go to the moon, then I think 10 will be more than enough. If there are only 21 million and becomes a major commodity or currency by its own will, then we'll all be well off.

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