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Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 44. (Read 77417 times)

legendary
Activity: 1456
Merit: 1002
I sense you can be a milionaire before that, if bitcoin has its major adoption.

And when I say adoption I mean people get the concept of using a dual credit system on what they already currently use today.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Obviously there's nothing to lose. With the euro situation which is already getting bad as days go by, switching to bitcoin means at least there is still some hope left. I would rather diversify investment portfolio to different areas rather than continue to hold on to fiat.
Just for the sake of being precise, there is some risk involved in Bitcoin, too. In a not improbable scenario, when Bitcoin is substituted with Bitcoin 2.0 (or any new altcoin that rises to dominance) someone holding and forgetting about bitcoins, may lose it all.
hero member
Activity: 1022
Merit: 500
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.

Yeah I feel you man, Euro rate is rubbish.

I'm glad I hold Bitcoins which gives me a good feeling  Smiley

Hold your coins for as long as you can and enjoy.

Get bitcoins, gold and real assets that cannot be taxed easily and have low maintenance fees!
Q7
sr. member
Activity: 448
Merit: 250
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.

Yeah I feel you man, Euro rate is rubbish.

I'm glad I hold Bitcoins which gives me a good feeling  Smiley

Hold your coins for as long as you can and enjoy.

Obviously there's nothing to lose. With the euro situation which is already getting bad as days go by, switching to bitcoin means at least there is still some hope left. I would rather diversify investment portfolio to different areas rather than continue to hold on to fiat.
legendary
Activity: 2170
Merit: 1427
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.

Yeah I feel you man, Euro rate is rubbish.

I'm glad I hold Bitcoins which gives me a good feeling  Smiley

Hold your coins for as long as you can and enjoy.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
You will definitely be a millionaire by 2020 if you manage to still hold your coins.
I believe I will be too but it's nice to have validation from others  Wink
There is quite a good chance that your mission ends successfully, I believe. If not, even reaching half of your goal will still make you happy. And that is more probable with two more halvings ahead within that time.
legendary
Activity: 1176
Merit: 1000
Just keep buying a little each month to add to your stash (cold storage).

We are at the end of a brutal bear market.

The future is uncertain but bitcoin is a great assymetric position to hold for the next five years. Despite everything you still got in early and if bitcoin takes off then the difficulty will be not selling if the price shoots up again.
member
Activity: 65
Merit: 10
You will definitely be a millionaire by 2020 if you manage to still hold your coins.
I believe I will be too but it's nice to have validation from others  Wink
sr. member
Activity: 329
Merit: 250
You will definitely be a millionaire by 2020 if you manage to still hold your coins.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.
Increasing your stack is a good idea now. The price seems to be reasonably low, so you are not risking much. And in the end of the day, having 103 instead of 100 BTC will make achieving your goal a tad easier.

Well if I had a lot of spare FIAT to invest right now, I may be more tempted to wait until a trend-reversal or breakout is confirmed. If this doesn't happen, I'd still have some coins to buy at ridiculously low prices - if that ever happens! Smiley
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.
Increasing your stack is a good idea now. The price seems to be reasonably low, so you are not risking much. And in the end of the day, having 103 instead of 100 BTC will make achieving your goal a tad easier.
member
Activity: 65
Merit: 10
Buying 3 more bitcoins now.  I'd rather have bitcoins now than euros.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong.

But definitely it's also hard to lose money in the end. Holding a couple of btc at hand may save you in the coming years, but what if you are holding too much but by the year 2020 came, bitcoin has no value at all? Risks, risks everywhere. 1-10 btc is safe to hold. Whatever happens, there will be no regrets in the end.

its all relative ,people who bought for pennies or single digits  can afford to hold thousands of btc and "see what happens "

people like the venture capitalists that are winning the silk rd coin auctions are likely to be able to hold through any volatility as well and come out smiling on the other end because theyre already high net worth individuals etc

some kid still at school with biulls to pay or  whatever will have to fold long before the people who are more financially comfortable or thpose who  made a fortune already in btc and are  already playing with "house" money
legendary
Activity: 3542
Merit: 1352
Cashback 15%
hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong.

But definitely it's also hard to lose money in the end. Holding a couple of btc at hand may save you in the coming years, but what if you are holding too much but by the year 2020 came, bitcoin has no value at all? Risks, risks everywhere. 1-10 btc is safe to hold. Whatever happens, there will be no regrets in the end.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
100 bitcoins might be good to hold, but apparently, the crypo-market is a rapid-changing environment. One moment you're up, one moment you're down. It depends on the different circumstances that no single entity can hold on his hands. We can safely say that that 100 bitcoins may take you to the millionaire club, but we can also say that it will cost you nothing by the year 2020, as to what Satoshi said.

Well in any case, just don't go all-in. There are lots of investment opportunities out there that may take you to your millions in the year 2020.
legendary
Activity: 1204
Merit: 1028
hold what you feel like you can lose , as always. or go full all in and well .. dont .
Its easy to lose 200$ now but hard to lose 10000$ in the long run. If you dont own 1 BTC by 2015 you are doing it wrong.
hero member
Activity: 700
Merit: 500
hold what you feel like you can lose , as always. or go full all in and well .. dont .
full member
Activity: 218
Merit: 100
you'll be rich

don't let money change you

He's already rich if he can afford buying 100BTC. At least in my view. I'd be happy to have 10.

100 BTC is around 25k dollar right now...
Still a lot especially if you follow the "invest only what you can afford to lose" rule.

Yup, 100 btc is way out of my league.
sr. member
Activity: 294
Merit: 250
Yeap! Holding and buying increasingly more the lower the price gets Wink


i want to say you just hold it for some years and wait when ypu think price not increasing then sell it




I have 0.25BTC will I be a thousandaire by the end of 2020 ?!  Undecided

Very likely.


if i earn 0.20 btc a month and ifbi hold this you want to say it will become thousands of dollar
Ume
full member
Activity: 210
Merit: 100
Finding oNlinE JoB ---=== :)
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

No one knows !
I think the bitcoin price will rise to 10'000 dollars when the block reward will be < 1 BTC, so as write here :



in that moment I think (& hope) we will see 8-10 k dollars per bitcoin.


Source: https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term

That's crazy to think about. In just 10 years or so the block reward will only be 3 BTC.

But satoshi setted the reward at 25.00 which cant be decreased right ? If so how can this possible !
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