100 bitcoins. Will I be a millionaire by 2020? - page 15.

dothebeats

legendary

Activity: 3542

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Cashback 15%

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

Next year, if not, then 2017

Thinking of the same thing, if this run played perfectly at the start of 2016, then there's a possibility that you will have a million dollars by next year or 2017. And btw, in our country's money, 100 bitcoins is alread equivalent to a million lol.

Dilla

hero member

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Next year, if not, then 2017

MadBanker

newbie

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Markets are wonderful and magical things. They value anything based on concensus with an eye on the future. So, if the answer was 'yes', then you would already be close to being a millionaire. Conversely, if the answer was 'no', then the value of BTC would probably be a lot less than it is today. So the answer is maybe. It is always brave to bet against the market because other people (or institutions) in agregate usually have greater knowledge than you can hope to have. That said, BTC is still below the radar of the mainstream financial system, and is the only thing I can think of that has a real chance of that kind of growth.

In short, my guess is that 100 BTC will be worth $1M, but not by 2020. 2025 would be my guess.

So archive this, and quote me in 2020 or 2025 to ridicule me or show me as a visionary.

MB

bitcoin1992

sr. member

Activity: 342

Merit: 250

I believe that bitcoin has a decent chance of getting to 5k-10k within say 5 years. If it didn't at least that kind of a possibility, to repeat myself again, the risk just worth it.

Mirsad

full member

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Bitcoin - love & hate

Quote from: klf on August 24, 2015, 11:01:23 PM

You will definitely be a millionaire by 2020 if you manage to still hold your coins.

Satoshi millionaire. Getting rich with coins bought above 100$ is highly unlikely.

klf

legendary

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You will definitely be a millionaire by 2020 if you manage to still hold your coins.

RealBitcoin

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JAYCE DESIGNS - http://bit.ly/1tmgIwK

Quote from: ssmc2 on August 23, 2015, 12:31:58 PM

Quote from: SolarSilver on August 23, 2015, 10:45:38 AM

Quote from: futureofbitcoin on August 05, 2015, 11:05:21 AM

Quote from: CPNpr on August 04, 2015, 09:59:49 AM

As said not this hyper, price will go up but may you need to consider 2200 rather than 2020 Wink

I think bitcoin will reach 10k+ in 2020. Maybe 100k+ even.

And what is the use if due to hyperinflation USD 10k buys you a loaf of bread?

Yeah I'm a millionaire.... happy happy joy joy :-)

The cost of bread has gone up 20x in the past 100 years. You're saying you believe it's possible for it to go up 4000x in the next 5 years? Lol. The Fed will never let that happen.

Seems like you dont understand how the economy works. The fed cannot do anything about it, hyperinflation is inevitable, you should read my thread about inflation and how it works to learn more:

https://bitcointalksearch.org/topic/delete-1147264

They can stall it or let it collapse, in both outcomes hyperinflation will happen.

luciann

sr. member

Activity: 252

Merit: 250

$10,000 bitcoin value here we go come....

Oh wait.. its still at $200.. oh wait.. now its going down to $100.

Always aim high, but prepare for the worst as they say lol.

TuLines

newbie

Activity: 30

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Yes... Yes you will.

lissandra

sr. member

Activity: 434

Merit: 250

Quote from: ekissane on August 24, 2015, 06:06:00 AM

At this very moment 100 BTC are being bought every minute in China. Check out www.fiatleak.com

I feel like they buying it just cause the price they see will eventually go up.

Or they feel like the price will be up after the Xt or hard fork is over and we see no difference.

techgeek

hero member

Activity: 826

Merit: 1000

Rates are still low to be a millionaire lol.

Well for the non-whale who has coins atleast, unless you got coins when they were $1 or way less different story.

Its at low $200ish now ever since the split with bitcoin going to happen.

Sumerian

sr. member

Activity: 378

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You still have them mate? You've got strong hands if you do. Respect for that

lexuz

hero member

Activity: 714

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Me, myself and I

Quote from: ekissane on August 24, 2015, 05:55:54 AM

Quote from: Monopoly on August 24, 2015, 03:34:27 AM

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.

In dream yes ... you are billionaire now .... but in reality you have nothing except some bits or bytes ......

Em no, 100 BTC are now worth €20,000 if I was to sell them now. That's hardly nothing. So what do you think they will be worth in 2020 and why?

Still far to year 2020 but now price bitcoin drop after some issue. I think bitcoin will back grow after this year

ekissane

member

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At this very moment 100 BTC are being bought every minute in China. Check out www.fiatleak.com

ekissane

member

Activity: 65

Merit: 10

Quote from: Monopoly on August 24, 2015, 03:34:27 AM

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.

In dream yes ... you are billionaire now .... but in reality you have nothing except some bits or bytes ......

Em no, 100 BTC are now worth €20,000 if I was to sell them now. That's hardly nothing. So what do you think they will be worth in 2020 and why?

Monopoly

hero member

Activity: 546

Merit: 500

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.

In dream yes ... you are billionaire now .... but in reality you have nothing except some bits or bytes ......

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: Bagatell on August 24, 2015, 01:39:38 AM

Quote from: SolarSilver on August 24, 2015, 12:42:50 AM

What is a millionaire to you? Somebody who can sit back and not have to work each day, live of his fortune? You can't do that with a mere USD 1M today

You can if you don't fritter your resources on bling. I know quite a few people who are time rich and money poor.

I guess it all depends on how long you expect to live on USD 1M.

I'm expecting to live about another 40 years, which would give me USD 25k/year to live off. If you are only 20 years old, you only have USD 16.6k/ year to live off. Is that enough for food, housing (rent or property taxes) and 4 kids going to university? For from a bling life...

n2004al

legendary

Activity: 1134

Merit: 1000

I agree totally. Even no one will know the price of bitcoin in this year. But I hope. I'm doing the same to you. I'm accumulating as much as I can and even I am sure that i will never have 100 bitcoin even 50 it is not bad....

Bagatell

hero member

Activity: 722

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Quote from: SolarSilver on August 24, 2015, 12:42:50 AM

What is a millionaire to you? Somebody who can sit back and not have to work each day, live of his fortune? You can't do that with a mere USD 1M today

You can if you don't fritter your resources on bling. I know quite a few people who are time rich and money poor.

SolarSilver

legendary

Activity: 1112

Merit: 1000

Quote from: ssmc2 on August 23, 2015, 12:31:58 PM

The cost of bread has gone up 20x in the past 100 years. You're saying you believe it's possible for it to go up 4000x in the next 5 years? Lol. The Fed will never let that happen.

The point is that the word millionaire means less these days... You used to be rich if you were a millionaire but today holding over USD 1M in assets means very little... for many of us if we add up the value of our houses and some savings, it's easy to top 1 million. But in no means we are rich... meaning we still have to work each day to make ends meet.

What is a millionaire to you? Somebody who can sit back and not have to work each day, live of his fortune? You can't do that with a mere USD 1M today

Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 15. (Read 77417 times)