100 bitcoins. Will I be a millionaire by 2020? - page 46.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: Bralex on February 19, 2015, 05:46:19 AM

Well that would be pretty cool to have 100 coins equal $1 million retire for the price of 25k!

I am sorry but this is so unlikely Angry

There are people who bought 100 coins for $200 (or even lesser).
The rise of Bitcoin has been phenomenal - so don't rule it out yet.

micky123

legendary

Activity: 1022

Merit: 1005

I am not sure if bitcoin will hit 100K a unit by 2020 although i am bullish on bitcoin. I know that if there is mass adoption, btc can go up further, but, we need to look at Bitcoin itself as a currency.. we should buy and sell in bitcoin and not look at the USD value. Then we will realise the actual potential of bitcoin. It all looks nice and fine when we convert to USD, but whats the use of comparing something like Bitcoin to a failing and highly inflationary based currency? Printing USD without gold reserves to actually back it up is only asking for trouble in the long run. Imagine a future where fiat collapses and the only ones with bitcoin rule the roost. Could be a distant dream, but could be our future too with the way the fiat system is going atm. I would be a proud owner of 5 bitcoins or more by then, why this figure? Cause i currently hodl 5 btc and will not let go even if the price crashes to the ground. Maybe at that point, we will see what BTC really is, a currency in its own right! Grin

Bralex

sr. member

Activity: 308

Merit: 250

Well that would be pretty cool to have 100 coins equal $1 million retire for the price of 25k!

I am sorry but this is so unlikely Angry

okthen

hero member

Activity: 490

Merit: 500

Quote from: Wary on February 18, 2015, 10:31:46 PM

Quote from: Morecoin Freeman on February 18, 2015, 08:40:34 PM

I think 100 bitcoins is not extremely impressive.
You will definitely become moderately wealthy if you keep them but not a millionaire.

Anyway, hold your coins.

IMO, if you have less than a million, you are not moderately wealthy.

I'd consider myself wealthy with a tenth of a million.
But it all depends if it's quitting-you-job wealthy or just comfortable living added to your previous career.

uki

legendary

Activity: 1358

Merit: 1000

cryptojunk bag holder

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 not. I cannot completely rule it out, but I see that the time window may be too short, as main problem.
Despite many news about inflationary pressure, I don't see the inflation in US$ raising that much in the next 5 years. If not inflation, then the wide-scale adoption is the second most important factor that may bring the price towards $10k. Hard to tell here, as my crystal ball is not fine-tuned, but you may think of such question yourself: would the adoption of bitcoin further grow at such a speed as in the first five years of its existence? Well, just to tell you my opinion: it is way much easier to grow from nearly zero to where we are right now (hundreds), rather than from here to 10k (another hundred fold).

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

Quote from: CoinCidental on February 18, 2015, 11:48:15 PM

Quote from: Morecoin Freeman on February 18, 2015, 08:40:34 PM

I think 100 bitcoins is not extremely impressive.
You will definitely become moderately wealthy if you keep them but not a millionaire.

Anyway, hold your coins.

a million bucks aint what it used to be lol
when i was a kid i thought having a million would = retirement on some beach somewhere lol
now it my city you need a few million for a decently modest apartment/house that isnt the size of a shoebox and thats BEFORE you take into account everthing else like cars and bills and fuck knows what

100 btc in a few years will be a million easily id say but yes you are correct ,a million isnt really a lot so i would get more $2xx coins if i was the OP ..........

Where I would love to live 1 million USD is a lot of money. Great food and really nice climate too. Quality life.

Fabrizio89

hero member

Activity: 924

Merit: 1000

100 coins would be enough for me today already, lol.

deepestfear

sr. member

Activity: 291

Merit: 250

Yes, quite possibly you will
Or you will lose your deposit

Madness

hero member

Activity: 644

Merit: 500

My goal is becaming a billionaire.

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.

Couldn't reach that number , at least not after five years .
I will give it till 2025 and It may reach 5,000$ , 10k $ is kinda Unlikely to be honest . and As Satoshi Nakamoto said once , you either become a millionaire or have nothing . For now Bitcoin is alive , let's hope it stays that way.

~ Madness

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Morecoin Freeman on February 18, 2015, 08:40:34 PM

I think 100 bitcoins is not extremely impressive.
You will definitely become moderately wealthy if you keep them but not a millionaire.

Anyway, hold your coins.

a million bucks aint what it used to be lol
when i was a kid i thought having a million would = retirement on some beach somewhere lol
now it my city you need a few million for a decently modest apartment/house that isnt the size of a shoebox and thats BEFORE you take into account everthing else like cars and bills and fuck knows what

100 btc in a few years will be a million easily id say but yes you are correct ,a million isnt really a lot so i would get more $2xx coins if i was the OP ..........

Wary

hero member

Activity: 798

Merit: 1000

Who's there?

Quote from: Morecoin Freeman on February 18, 2015, 08:40:34 PM

I think 100 bitcoins is not extremely impressive.
You will definitely become moderately wealthy if you keep them but not a millionaire.

Anyway, hold your coins.

IMO, if you have less than a million, you are not moderately wealthy.

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

I think 100 bitcoins is not extremely impressive.
You will definitely become moderately wealthy if you keep them but not a millionaire.

Anyway, hold your coins.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

No

bytezero

sr. member

Activity: 414

Merit: 250

BTC is one the best investments of human history when you look at 5 or even 3 years .now the future will have to wait Wink

pereira4

legendary

Activity: 1610

Merit: 1183

You'll have more than 1 million dollars.

nwfella

legendary

Activity: 1610

Merit: 1000

Well hello there!

Quote from: nor9865 on February 07, 2015, 10:45:29 AM

Quote from: Buffer Overflow on February 07, 2015, 10:43:20 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.

Possibly, but what will $10,000 buy you then? A loaf of bread?

The US dollar isn't inflating THAT much, cmon.

Gotta agree with nor9865 on this one. Worst case scenario you'll still be able to pick up 2 pepperoni pizza's @ $10,000 USD by then :p

DonQuijote

legendary

Activity: 1551

Merit: 1002

♠ ♥ ♣ ♦ < ♛♚&#

10k per BTC ??
You must buy more, or buy longs

ekissane

member

Activity: 65

Merit: 10

Quote from: picolo
You can buy 100 coins if you just learn about Bitcoin last week, it's only 24 000$
[/quote

Believe it or not 'only 24 000$' is an awful lot more than the vast majority of people can afford to gamble with.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: billyjoeallen on February 17, 2015, 04:37:04 AM

WE GOT THE COINZ. YOU DON'T. GIVE UP. WE WILL ALWAYS HAVE THE COINS BECUZ WE ARE WILLING TO PAY MORE THAN YOU. KISS OUR COLLECTIVE ASSES.

Calm down my friend, whats up with these big ass fonts lol.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: pereira4 on February 16, 2015, 09:21:39 PM

Quote from: ekissane on February 16, 2015, 07:42:01 PM

Quote from: Febo on February 16, 2015, 09:55:49 AM

Quote from: ajareselde on February 16, 2015, 08:48:39 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.

Bitcoin price top was about 1250$, and ure wondering will you get 10k per btc in 2020.. i think you will sell way before 2020, when price goes to 2-3k per btc.
@op yeah, i believe you definetly will, but there may be low volume for dumping at that price,if/when that happens, just dont baghold hoping for more if thats your goal.
cheers

Yes. I dont understand why people dream of $10k Bitcoin if they will sell way before it will reach $2000.

I won't sell my bitcoins. I've done that already and bought a modest house. At least I have that if bitcoin goes tits up. I have 100 left and going to enjoy the ride now.

You are a newbie.. how the fuck you got that many coins?

You can buy 100 coins if you just learn about Bitcoin last week, it's only 24 000$

Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 46. (Read 77417 times)