Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 8. (Read 77434 times)
You need more then 100 btc for sure, as I don't think that price will reach to the moon in next 4 years, its better if you make more efforts and try to earn as much bitcoin as possible till then.
Halving is incredibly disruptive in terms of supply/demand and market dynamics. You have more and more money chasing fewer and fewer daily Bitcoin output, I think $5000 or even $10000 is not unlikely after the halving.
Excitement/adoption's looking pretty static these days. If more money did come in I think there'd be enough people willing to let go of existing coins to plug the gap. I'm not betting the farm on any type of halving action. I won't object if there is one all the same.
The price going to anything above 5k is debatle. In fact I am quite sure it's not going that high.
The last pump on this scale 200 to 1200 was a once in a life time oppertunity.
Normal pumps will get a max 200/300 pump at a time.
The last pump on this scale 200 to 1200 was a once in a life time oppertunity.
Normal pumps will get a max 200/300 pump at a time.
$200 to $1200 is not as exciting as $10 - $200 (direct result of halving) in terms of percentage gain.
Halving is incredibly disruptive in terms of supply/demand and market dynamics. You have more and more money chasing fewer and fewer daily Bitcoin output, I think $5000 or even $10000 is not unlikely after the halving.
I reckon the bitcoin price could be $5000 in 2020, which is 4 years away, so you need 200 bitcoin to be a millionaire.
Most likely not, I don't think the price of 1 Bitcoins is $10000 or more. Probably $2000 is more realistic
Yeah and I don't think that bitcoin will reach that high, so its better to hold maximum number of coins for future as you never know what would the price of bitcoin in future.
Most likely not, I don't think the price of 1 Bitcoins is $10000 or more. Probably $2000 is more realistic
I think the bitcoin price in 2020 will be $5,000 each, so 100 bitcoin is just $500,000, so not a millionaire.
I don't think that bitcoin will be 10000 $ in 2020s but it could be 2000 - 3000$.
Well we never can tell what will happen with bitcoin by then. 2000 -3000 dollars is also a good amount of money.
I am just hoping as a minimum 5000 dollars or more.
I'm completely different from you. By 2020 only one bitcoin is more than enough to become millionaire. I believe in bitcoin's growth in exponential manner. So, bitcoin will be hitting $10k mark by end of 2016, then 2020 would be year we can see bitcoin will be hitting one millions mark.
It's a bit too optimistic. A realistic optimistic price speculation is 10k$ by 2020 IMHO and that would make a lot of people happy (including me).
100 BTC is definitely a good position (a good bet ?) for the future.
If the price reaches $10k by 2020, 100 bitcoin is worth $1 million. I suggest anybody with the ability to buy 100 bitcoin do that.
i have 178btc but its less likely to happen. havent cross the $1k mark yet and its not going to be over $1k by 2020 IMHO
you couldnt be much more wrong ..........
the price will break 1000 in 2916
whether it can maintain 1000+ is another matter but i think 800 is likely by the halving
I don't think that bitcoin will be 10000 $ in 2020s but it could be 2000 - 3000$.
Well we never can tell what will happen with bitcoin by then. 2000 -3000 dollars is also a good amount of money.
I am just hoping as a minimum 5000 dollars or more.
I'm completely different from you. By 2020 only one bitcoin is more than enough to become millionaire. I believe in bitcoin's growth in exponential manner. So, bitcoin will be hitting $10k mark by end of 2016, then 2020 would be year we can see bitcoin will be hitting one millions mark.
It's a bit too optimistic. A realistic optimistic price speculation is 10k$ by 2020 IMHO and that would make a lot of people happy (including me).
100 BTC is definitely a good position (a good bet ?) for the future.
If the price reaches $10k by 2020, 100 bitcoin is worth $1 million. I suggest anybody with the ability to buy 100 bitcoin do that.
i have 178btc but its less likely to happen. havent cross the $1k mark yet and its not going to be over $1k by 2020 IMHO
if bitcoin has a rate of inflation of 10% every year around its real business cycles. it should only be around 1500$ by 2030. However if there is more widespread adoption...
The inflation rate will be less than two per cent within ten years. If there's some proper demand by then then it could get interesting and threads like this might look very quaint.
if bitcoin has a rate of inflation of 10% every year around its real business cycles. it should only be around 1500$ by 2030. However if there is more widespread adoption...
No, it should take longer than 14 years for huge price rise, but you may be at 2030, if bitcoin won't die till then
100 BTC are a lot for me. If Bitcoin keeps going on until that date, then yes, you will probably be a millonaire by 2020. I think it is harder that it survives until that time with a low value than for it to raise price.
With 100 bitcoins you would be a millionaire before 2020 itself. Because by 2018 you just need less than 100 bitcoins to become millionaire. So, by 2020 you may become multi millionaire.
Why do you predict the bitcoin market price to reach above 10,000 by 2018? If the price increases faster its better.I like to know why you predict 2018.
If the price is $6000 by 2020, that is already very good. Assume price double every year, 2020 price is 16 times of today's price.
With 100 bitcoins you would be a millionaire before 2020 itself. Because by 2018 you just need less than 100 bitcoins to become millionaire. So, by 2020 you may become multi millionaire.
Why do you predict the bitcoin market price to reach above 10,000 by 2018? If the price increases faster its better.I like to know why you predict 2018.
With 100 bitcoins you would be a millionaire before 2020 itself. Because by 2018 you just need less than 100 bitcoins to become millionaire. So, by 2020 you may become multi millionaire.
Hhmm if ever that happens I think a lot of people will be millionaire and billionair and that will be nice.
But I think we won't be that high in 2020 maybe in year 2050 or something like that.
Maybe I am wrong, maybe in 5 years we will see more than 10.000 dollars.
By 2020 bitcoin might be much more widely used than it is today. So 10,000 per coin is quite reasonable. But I think we won't be that high in 2020 maybe in year 2050 or something like that.
Maybe I am wrong, maybe in 5 years we will see more than 10.000 dollars.
Hhmm if ever that happens I think a lot of people will be millionaire and billionair and that will be nice.
But I think we won't be that high in 2020 maybe in year 2050 or something like that.
Maybe I am wrong, maybe in 5 years we will see more than 10.000 dollars.
But I think we won't be that high in 2020 maybe in year 2050 or something like that.
Maybe I am wrong, maybe in 5 years we will see more than 10.000 dollars.
I find skeptics argument amusing. Will it happen by 2020-maybe not as timeframe is unclear, but bitcoin is very much a binary proposition: either a very large number at the steady state or close to zero.
Numbers like $400, $1000 would make no sense when >95% bitcoin would be already issued, which is by ~2026.
Bitcoin is a new asset class in addition to equities (stocks), bonds, property (real estate), commodities and cash.
I know that it is qualified as commodity in US and cash/currency in EU, but even that shows that it is a different (new) class as they try to understand and regulate it in various jurisdictions.
Each asset class has value in excess of multiple trillion $.
Do the math, $1 tril is ~50K/bitcoin, which is a lower bound IF bitcoin will establish itself.
The question is: what is the chance of it (bitcoin) establishing itself as an asset class? Answer this and invest accordingly.
Personally, I think that it has ~20% chance comparing with 10% chance last year, so chances are improving and prices reflect that.
If and when chances will be considerably higher (say, above 60%-70% or so), price would undergo a phase transition/hockey stick in S-graph diagram to reach $ trillions, and then it would move to be a fait accompli and no more large price appreciation would happen, just usual up and down fluctuation with a slight upward bias.
Numbers like $400, $1000 would make no sense when >95% bitcoin would be already issued, which is by ~2026.
Bitcoin is a new asset class in addition to equities (stocks), bonds, property (real estate), commodities and cash.
I know that it is qualified as commodity in US and cash/currency in EU, but even that shows that it is a different (new) class as they try to understand and regulate it in various jurisdictions.
Each asset class has value in excess of multiple trillion $.
Do the math, $1 tril is ~50K/bitcoin, which is a lower bound IF bitcoin will establish itself.
The question is: what is the chance of it (bitcoin) establishing itself as an asset class? Answer this and invest accordingly.
Personally, I think that it has ~20% chance comparing with 10% chance last year, so chances are improving and prices reflect that.
If and when chances will be considerably higher (say, above 60%-70% or so), price would undergo a phase transition/hockey stick in S-graph diagram to reach $ trillions, and then it would move to be a fait accompli and no more large price appreciation would happen, just usual up and down fluctuation with a slight upward bias.
The price going to anything above 5k is debatle. In fact I am quite sure it's not going that high.
The last pump on this scale 200 to 1200 was a once in a life time oppertunity.
Normal pumps will get a max 200/300 pump at a time.
The last pump on this scale 200 to 1200 was a once in a life time oppertunity.
Normal pumps will get a max 200/300 pump at a time.
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