100 bitcoins. Will I be a millionaire by 2020? - page 4.

avw1982

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Quote from: btcltccoins on April 27, 2016, 12:27:49 AM

I think in 2020, it not possible what have you said, but if i will be happened it is great for specially those people who have a lot of bitcoins already.this time will be a great for everyone.

Bitcoin price will reach it's full potential when more of the above realize the power of this tech and jump aboard. The more mainstream it gets the more major dumps I think we will see and the more dumps we see the more people lose faith and leave bitcoin...

upsidedown75

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Quote from: Piltover on April 25, 2016, 04:30:45 PM

I think you will not be a millionaire in that year, maybe it could happen if the price would rise to a even higher amount.
2020 will be a good year in my prediction, there is even a chance that there will be another halving in that year, so maybe if you are lucky you can get pretty rich but not a millionaire in that year.

I think 100 BTC will not be enough in that year to be millionaire in 2020, as according to my views at that time one bitcoin will be worth about $2000 then 100 bitcoins will be about $200000, so not a million dollar, and so not a millionaire the person holding them.

btcltccoins

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I think in 2020, it not possible what have you said, but if i will be happened it is great for specially those people who have a lot of bitcoins already.this time will be a great for everyone.

jerowacik

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which is very possible. could have been in 2020 one bitcoin is equivalent to 2000USD. and if you have 100 Bitcoin then you will have 200000 USD. it may happen.

safari88

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Quote from: ekissane on April 26, 2016, 08:08:32 AM

Quote from: safari88 on April 26, 2016, 04:03:48 AM

I think the price of bitcoin will never be more than $5000. This is not only difficult to achieve, but we have to have a lot of users and adopters.

Never? That's a very odd thing to say. Whatever about by 2020 but never!

I mean never and will not be possible to achieve more than $5000 in 2020 or whenever it. it is a huge amount. What can make bitcoin increased very high, in addition to each country using bitcoin and legalize it and can replace the main currency of each country

Nameless Coin

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Getting rich by the bitcoin is not as easy as people say because its fully laying about the bitcoin itself.
I do not think you can become a millionaire in that year to be honest because the halving maybe will be good but I think after the halving the price will stay normal till 2020 and maybe even longer(stable).

newcoins1978

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No you will not be a millionaire in that time, I think you will most likely be rich but not a millionaire.
I think the bitcoin is not gonna get a big price increase to be honest.

Rude Boy

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Its really a doubtful question. Because, most of the peoples were hesitate to use/accept bitcoin as money, even my friends as well as my family members. Because, it has no constant price. And i think, not much people will going to adopt bitcoin in coming days. So, you might not be a millionaire.

Oscoda

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No you will not be a millionaire with 100 bitcoins, I think you would need a lot more bitcoins to be a millionaire in that year.
Its also the question if the price is high in that year, no one can predict this...

ekissane

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Quote from: safari88 on April 26, 2016, 04:03:48 AM

I think the price of bitcoin will never be more than $5000. This is not only difficult to achieve, but we have to have a lot of users and adopters.

Never? That's a very odd thing to say. Whatever about by 2020 but never!

safari88

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Quote from: MaritiJames3 on April 26, 2016, 03:39:51 AM

If the Bitcoin price is at $10,000 at that point in time you will be a millionaire. But the price will not be that high so soon the price difference between now and what you want it to be then is just to big. It will never rise that fast with in a couple of years.

I think the price of bitcoin will never be more than $5000. This is not only difficult to achieve, but we have to have a lot of users and adopters.

chichidori

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No you will not, by 2020 price of bitcoin maybe over a grand but not 10 grand, or it may not even reach the 1 grand at the most. but hey you still have a nice amount bitcoins.

MaritiJames3

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If the Bitcoin price is at $10,000 at that point in time you will be a millionaire. But the price will not be that high so soon the price difference between now and what you want it to be then is just to big. It will never rise that fast with in a couple of years.

LMGTFY

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Quote from: rosh on April 25, 2016, 07:40:44 PM

Doubling every year is hoping too much.
Somebody offering those returns would be called a ponzi operator. Tongue

BTC/USD's average annual change between September 2011 and September 2015 was +334.69%. (Doubling, obviously, would require an annual change of +100%).

If someone told me BTC/USD would double each year, I'd assume they were thinking that future performance wouldn't be as strong as past performance, not that they were a ponzi operator. Ponzi operators would talk-up their returns, surely?

rosh

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Quote from: Narosya on April 25, 2016, 02:42:38 PM

If the price doubles every year, the price could be $6000 in 2020. With 100 bitcoin, you will be worth $0.6 million.

Doubling every year is hoping too much.
Somebody offering those returns would be called a ponzi operator. Tongue

Piltover

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I think you will not be a millionaire in that year, maybe it could happen if the price would rise to a even higher amount.
2020 will be a good year in my prediction, there is even a chance that there will be another halving in that year, so maybe if you are lucky you can get pretty rich but not a millionaire in that year.

Narosya

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If the price doubles every year, the price could be $6000 in 2020. With 100 bitcoin, you will be worth $0.6 million.

NordicRanger

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That means that one Bitcoin must have the price of $10,000 I do not think that this is going to happen. We are just 4 years away from 2020 so it is way to soon to talk about $10,000 per Bitcoin.

LLec

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Quote from: Pasttimeuftor on April 19, 2016, 04:08:21 AM

Quote from: MingLee on March 30, 2016, 04:13:39 PM

Quote from: pateda on March 30, 2016, 04:01:06 PM

Quote from: Zaun on March 30, 2016, 09:18:36 AM

The bitcoin will be worth a lot in that year but not such a lot if I'm honest I think it will be around the 1,5k dollar price and not higher.
The 100 bitcoins is worth a lot in that year but the fact is that the bitcoin needs to be worth a lot more to do make you a millionaire.

i think, price bitcoin is going to be much more that what it is right now but to reach a ridiculously high price i think it is not possible.

Basically he's hoping for a minimum $10,000/BTC.

Not going to lie, that is a ballsy choice and I'm not sure if it would work out for him, but it might be possible if some miracles happen in the next 4 years.

That could happen if the bitcoin is adopted by mass. It will increase value very quickly if you can use it in Ebay.

If you have a credit card linked with an exchange , or a virtual credit card reloadable with btc you can spend your coins every where in every place as a normal flat currency....

Pasttimeuftor

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Quote from: MingLee on March 30, 2016, 04:13:39 PM

Quote from: pateda on March 30, 2016, 04:01:06 PM

Quote from: Zaun on March 30, 2016, 09:18:36 AM

The bitcoin will be worth a lot in that year but not such a lot if I'm honest I think it will be around the 1,5k dollar price and not higher.
The 100 bitcoins is worth a lot in that year but the fact is that the bitcoin needs to be worth a lot more to do make you a millionaire.

i think, price bitcoin is going to be much more that what it is right now but to reach a ridiculously high price i think it is not possible.

Basically he's hoping for a minimum $10,000/BTC.

Not going to lie, that is a ballsy choice and I'm not sure if it would work out for him, but it might be possible if some miracles happen in the next 4 years.

That could happen if the bitcoin is adopted by mass. It will increase value very quickly if you can use it in Ebay.

Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 4. (Read 77417 times)