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Topic: 57 bitcoin... will I have 6-figures in my bank acct by end of 2016? - page 4. (Read 7035 times)

legendary
Activity: 1330
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dafar consulting
hero member
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i dont think that its actually possible the price would have to rocket really fast to the sky so its possible only if people would start buying it a lot and for that we need huge companies to start accepting bitcoins as the payment method
legendary
Activity: 1246
Merit: 1000
If not fuck this shit, I'm out
At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush!

It doesn't matter what price he bought it at.
What matters is what his view is.
If he is bearish, he has to sell his coins.
legendary
Activity: 3304
Merit: 1617
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If not fuck this shit, I'm out

Possibly not by the end of 2016 but if you can HODL on until the halving 4 years after that then I think yes.
full member
Activity: 238
Merit: 100
Can you honestly say $2000 a coin by next year Roll Eyes

If it hasn't reach $500 by end of this year than that possibility is not written in BTC destiny.

It's ridiculous people are still doubting on reaching $500. In my view it's already in that range. You always can not expect the exact levels 10% up or down is most common with a fluctuating prices. Get ready for $1000 levels in first quarter of 2016 itself.
Why is it so? If it has reached you can not say it is a fact it will reach. Has it yet? No. So there you have it at present.
legendary
Activity: 888
Merit: 1000
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You need Bitcoin price to x4 in a year. This is unlikely to happen unless there is some big events happen in the crypto world. I'd say you might see six figures amount in your bank after selling your Bitcoin only in 2020 or 2025.

Big things already happened and are happening. Current market cap of Bitcoin is ridiculous, 4x in a year is pessimistic prognosis, I guess it will be 10x.
hero member
Activity: 658
Merit: 500
If not fuck this shit, I'm out
At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush!


In various prices since 2013.... I actually lost 12 BTC but I managed to improve my cost avg throughout the bear market.

I spent $33,000 total.... so my cost avg is $580/btc... still in the red bro
ah ok, you are not that much in the red! If you don't need money just hold them. IMO Bitcoin is digital money, money of the internet, it's new, never existed before and I think it can go viral, same way internet products go viral (youtube videos, soundcloud music, .... I am sure the price can reach $1000 dollars soon and crash again, so I would suggest you to place a market order between 900-1000$ if you don't want to miss the opportunity to sell your stash.
legendary
Activity: 1330
Merit: 1000
dafar consulting
If not fuck this shit, I'm out
At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush!


In various prices since 2013.... I actually lost 12 BTC but I managed to improve my cost avg throughout the bear market.

I spent $33,000 total.... so my cost avg is $580/btc... still in the red bro
hero member
Activity: 658
Merit: 500
If not fuck this shit, I'm out
At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush!
legendary
Activity: 1330
Merit: 1000
dafar consulting
There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.

cheers


5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal?

The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30

You do realize that is much easier to have a 10X increase from $1 - $10 or $10 - $100 than from $450 - $4,500, don't you?

Yes, I realize.... that's why I have 400 LTC too



57 bitcoins? that's a more than decent amount to have in your wallet(s). the price will need to go over $17000 in order to make you a millionaire. maybe by the time the price is rising, you'll have increased your coin count. that will help you get closer to your $1 million target.


There's no way in hell I'll be a millionaire with 57 btc..... It would be a god-send if BTC even went to $10K/coin... at that point I would sell and happily retire for a year, until I blow all that money
legendary
Activity: 896
Merit: 1000
57 bitcoins? that's a more than decent amount to have in your wallet(s). the price will need to go over $17000 in order to make you a millionaire. maybe by the time the price is rising, you'll have increased your coin count. that will help you get closer to your $1 million target.
legendary
Activity: 861
Merit: 1010
You do realize that is much easier to have a 10X increase from $1 - $10 or $10 - $100 than from $450 - $4,500, don't you?
You don't have any formal definition of "much easier", don't you?
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.

cheers


5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal?

The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30

You do realize that is much easier to have a 10X increase from $1 - $10 or $10 - $100 than from $450 - $4,500, don't you?
legendary
Activity: 861
Merit: 1010
We'll see 10,000$/BTC next year imo
legendary
Activity: 1330
Merit: 1000
dafar consulting
There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.

cheers


5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal?

The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.

cheers
legendary
Activity: 1540
Merit: 1003
You are dreaming that the bitcoin price will be somewhere at $1,800 which i doubt it will be until 31st december 2016, maybe before or after the next halving period.
hero member
Activity: 700
Merit: 500
There is no correct answer to this question. I think that you won't be seeing 6 digits by next year. The price next year will be around 1000 dollars.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
How the hell would anyone know that? Do you just want to hear some good news? Ok man, sure you will have 6 figures. Does that help?
legendary
Activity: 1848
Merit: 1000
Possibly, I think 2016 will be a time of something happening in the financial world, either bitcoin will boom up to crazy levels or it will be pushed to the side and remain around where it is popping up and down.
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