You need to be patient and wait for 30 years for the price to go all the way high but if your rich you can easily buy lots of bitcoins but unlike me that i only depend on bitcoin for daily needs i cant really save bitcoins.
But if you're good at trading you can easily buy and sell crypto currencies and be rich in no time.
Topic: Buy 1 Bitcoin - page 5. (Read 3856 times)
The mathematics and widespread appeal just so happen to work out in favor of this argument. As long as word keeps spreading and the technology gets easier to use then more people are going to want it.
With 21 million Bitcoins ever in existence (even less due to "burned" wallets) and over 7 Billion people, you can make a pretty safe bet that the price will keep going up as long as supply meets demand.
With 21 million Bitcoins ever in existence (even less due to "burned" wallets) and over 7 Billion people, you can make a pretty safe bet that the price will keep going up as long as supply meets demand.
That is a good point. Something that seems to be overlooked often is that a lot of coins are 'lost' people were careless with their coins when they were not worth much and lost track of them. I read somewhere that there may be up to 30% of coins out of circulation. This is assumed by looking at addresses that have had no activity since bitcoin grew from a few
dollars or so to over $1k. How many people wouldn't have taken some profit at that point. So the actual amount of bitcoins available may be closer to 14 million.
It is definitely worth buying at least one. There is potentially a great future for cryptocurrency and bitcoin is in the lead. The worst thing that can happen is that you lose your investment. The best thing is you see your investment of one coin grow to tens or hundreds of thousands of dollars. People who are researching it now and don't make a small investment may really regret it later.
The mathematics and widespread appeal just so happen to work out in favor of this argument. As long as word keeps spreading and the technology gets easier to use then more people are going to want it.
With 21 million Bitcoins ever in existence (even less due to "burned" wallets) and over 7 Billion people, you can make a pretty safe bet that the price will keep going up as long as supply meets demand.
With 21 million Bitcoins ever in existence (even less due to "burned" wallets) and over 7 Billion people, you can make a pretty safe bet that the price will keep going up as long as supply meets demand.
i admire anyone prepared to wait that long. i'll be on my way to the slaughterhouse by then so i'm not. you need to bet higher if you want the spoils. and it's more sensible to get what you need out sooner because who knows where tech will be by then?
I totally agree also Andressen Horowitz said that "I think it could be easily worth $100,000" 
30 years is a long time. I think 3-5 years would be a realistic target.
Lots of things can happen in 30 years.
But have 1 Bitcoin just in case is a worth advise.
I don't know what is the threshold for being among 1% rich today
But have 1 Bitcoin just in case is a worth advise.
I don't know what is the threshold for being among 1% rich today
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 on this because in the long term bitcoin supply does go up but the production slowly decreases every 4 years, which means that the bitcoin you own now may construct 10% of a block but in a decade it'll be 40% of a block.
There are 7 billion humans on this world, and if everyone started to use bitcoin, owning 1 out of 21 million would indeed put you in the top 1% or potentially even less than that. Even though the bitcoin price may seem high right now, it would definitely skyrocket after fiat collapses.
Its too much time to hold 1 btc since the price of bitcoi is increasing fast.. i think after 5 years is good to sell them if the price was hit $5k value if you buy in the present price. look at the market price of bitcoin today it was drop from yesterday and right now we have $1,971 value and i think the price can be x5 in 5 years.. or after block halving.. and buy bitcoins again if the price was low and sell again after few years..
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
30 years is very long time, but it's worth. I remember when bitcoin price fall to $150 per btc, i bought around 200 btc after few years i got my investment.
i'm glad about it 
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.
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 your holdings of 1 btc will not be stumbled. Be firm on your decision and manage your finances will without any ideas of dumping or selling not in a right time, everything must be according to the right situation which could not end up to a profit loss. Make it the good idea of saving digital currency that makes good sense aside from saving fiat cash through banks at your local which will not gain good profit even though you put bigger amount, but still you won't gain great profit from it.
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
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