... How about we make some more realistic goals for what 1 btc should be worth and in the timeframe that is also realistic to most people.
Would the rise so far've been realistic to most people?
Topic: Buy 1 Bitcoin - page 4. (Read 3872 times)
Would the rise so far've been realistic to most people?
1 Bitcoin will never put you in the 1% and besides no one has time to wait 30 years to find out. How about we make some more realistic goals for what 1 btc should be worth and in the timeframe that is also realistic to most people.
Owning 1 bitcoin is a good start for an investor who want to have the chance but doesn't want to risk a lot of money. After at least 20 years of owning a bitcoin you can actually be a millionaire and that will give you a lot of chances to buy the things that you want and also afford the things that you can't afford back in the days. Having self discipline and right mind set is the key for this.
Bitcoin is a profitable investment. But 20/30 years is too long and we all want a profit in no time. I think 2 to 5 years is still reasonable. Oh yes look at this time we can see bitcoin price increase reaches 100% in just 1 month. Everything is unpredictable.
For many in the developing countries, 1 BTC is now equal to many months of a normal person's salary. I actually think this is a huge investment for most people in the world.
It won't take 30 years for 1 BTC to rise to a significant value. It will happen faster that you thought. Human brain is good at linear extrapolation, but bitcoin growth will most likely be exponential...
It won't take 30 years for 1 BTC to rise to a significant value. It will happen faster that you thought. Human brain is good at linear extrapolation, but bitcoin growth will most likely be exponential...
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
The value of bitcoin started from cents to two thousands of dollars and I am sure that it will still go up in value. Owning one bitcoin could really make us in the top 1% financially within the next 30 years since I do believe that during that span of time bitcoin could reach or could touch the million dollar value. If you hold now and sell after 30 years then you are already a millionaire.
Many failed to realize the actual point in it. Holding 1 btc in 2013 will give 1500$ profit today after just 4 years. Even that is huge, why you even want to think about 30 years. Having small investment is not going to hurt you will give you better profit in future. All you have to do is buy and forget for sometime and wakeup by the heavy PR campaign and sell it.
Owning 1 bitcoin is a good start for an investor who want to have the chance but doesn't want to risk a lot of money. After at least 20 years of owning a bitcoin you can actually be a millionaire and that will give you a lot of chances to buy the things that you want and also afford the things that you can't afford back in the days. Having self discipline and right mind set is the key for this.
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
I cannot wait for 30 years cause its very very long time. If 1 bitcoin can make me millionaire someday in a short period of time maybe 5 years will definitely buy 10 to 15 btc and save it for 5 years. "Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Well if you can have patience for a long time you can do it exactly, because 30 years is not easy to do and it needs a lot of efforts to do in order to make you n holdings of 1 btc will not be stumbled.
I think that 30 years is so long, in bitcoin investment, the people who got their hands in the first year of bitcoin, put them on the top in merely almost 8 years, which is 3.5 times less than your 30 years, I think if you are a bitcoin investor, 5 years is suffice. And not only effort is needed, you need a lot and lot of patience.
i think the point he was making with that statement is that if everyone start to buy one bitcoin, we will eventually reach the point where the value will increase drastically
because not everyone can actually buy 1 bitcoin, but only a fraction of it, and the more the amount is spread among people in the world the more the value will be higher
still 30 years is too much of a prediction, i'm more in line with the satoshi prediction, by 2030 bitcoin will have proper adoption and the highest value already
because not everyone can actually buy 1 bitcoin, but only a fraction of it, and the more the amount is spread among people in the world the more the value will be higher
still 30 years is too much of a prediction, i'm more in line with the satoshi prediction, by 2030 bitcoin will have proper adoption and the highest value already
30 years are you joking No way . Wait for 30 months its the maximum period to hold any stakes / shares now a days . I am not warren buffet to predict future after 3 decades i think its not possible lets discuss about next 30 months changes
I don't think its ever going to get to that point, but I do think the price will rise substantially. Thinking 1 bitcoin will make you the 1% though is just a pipe dream.
Exactly, can you even imagine the value of 1%??
I dont think anyone has so much of patience to hold BTC for 30 years or so, every man has some needs or dreams and at a certain point, he/she will sell their BTC to fulfill them.
Well some people seem to think we are only a few years away from that, too much optimism in most bitcoiners and I wish people would be more realistic about the prospects and its utility.
I don't think its ever going to get to that point, but I do think the price will rise substantially. Thinking 1 bitcoin will make you the 1% though is just a pipe dream.
Exactly, can you even imagine the value of 1%??
I dont think anyone has so much of patience to hold BTC for 30 years or so, every man has some needs or dreams and at a certain point, he/she will sell their BTC to fulfill them.
I don't know if I will still alive 30 years later, but buying 1 bitcoin and keep it for 30 years is not bad idea. I am just in crypto world for 1 years and I see how bitcoin move for 500%. Maybe I can't buy 1 bitcoin because of the price is too high for me, and I think just buying 0.xx is very worth it if you plan to keep it for 30 years.
as mention its really a good thing to have 1btc and keep it for 30 years even though we are not sure if we are still alive from that day we are just needed to trust the system, a big possibility that after maybe 5 years we will see another huge pump coming from this investment
and moving to 30 years time frame it will be richness in returned.
I don't think its ever going to get to that point, but I do think the price will rise substantially. Thinking 1 bitcoin will make you the 1% though is just a pipe dream.
I don't know if I will still alive 30 years later, but buying 1 bitcoin and keep it for 30 years is not bad idea. I am just in crypto world for 1 years and I see how bitcoin move for 500%. Maybe I can't buy 1 bitcoin because of the price is too high for me, and I think just buying 0.xx is very worth it if you plan to keep it for 30 years.
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
And for those who cannot buy, just keeping working hard with your faucets, surveys, services on bitcointalk, alt tradings and I'm sure in 30 years time, you'll probably own more than 1 bitcoin. "Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Be consistent and don't give up.
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Totally agree with that, because the bitcoin is limited product which is undergo the law of supply and demand so with that the bitcoin will still pumping every year as long as many people are supporting it rather buying bitcoin as long as the supply of the bitcoin will be lessen the price of it will still increase. "Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
We'll see, it's quite possible and considering that we're looking at the segwit agreement being implemented later this year there is a very high chance that there will be a lot of restored confidence, but I don't know if it will be putting you within the top 1% over the course of the next 30 years."Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
Maybe top 1% globally, but most people in the first world are already there.
Buy 1 Bitcoin
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
"Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years."
- Travis Patron
I agree with him. But 30 years is so long. Maybe after 3-5 years you will be able to see already the profit from your investment. Because, we all know that the price of btc is inflating from time to time. We will have a chance to get buy and sell bitcoin. But if so, it is very important to have a lot of patience if you really want to achieve this kind of goal. Good thing is that you on't have to do anything to earn. bitcoin will give you profit from the time you have invested it. Al you have to do is wait.
If only I have this big amount of money to buy 1btc, I would love to.
Jump to: