Topic: Do you guys think 0.1BTC is enough to "make it"? (Read 1223 times)
Well,if everyone on the earth who currently does not have btc yet eventually owned atleast 0.1 btc then you might actually be able to buy a house from that or can invest a small business. It depends on how you hold it and dont sell it.It will be pretty valuable in a few years. Remember 0.1 btc at a current rate is not joke money for majority people on earth. So be grateful and thankful that you have 0.1btc that can be use in the future.
Success in my opinion is not necessarily successful according to others. Honestly to me, as long as I can still invest bitcoin assets I will continue to invest. This is not a form of greed, but how I use all my abilities in something that I think is good, for me and even for my family later.
I think it can be defined as "success" when you own Bitcoin. You can change from 0.0001 Bitcoin to 0.001 Bitcoin. The prerequisite is to have a strong investment ability, and accumulate little to make more. Bitcoin can make us richer.
Myself i will define it as a success also because having 0.0001 Bitcoin it is enough to establish investment that will give raise to other things that will bring wealth, in other way round having 0.0001 is not small deal that we can say Bitcoin is a continuous valuable asset Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
It's strange reading about what early adopters went through trying to trade bitcoins. The prices in 2010 were low it's impossible imagining how sellers from 2010 feel about the Bitcoins they've sold.
I bet people in every phase of bitcoin price increasement don't have prediction that much moreover people in 2010. I'm sure if they already made 100% profits they will sell it directly just like us nowdays, if bitcoin created 100% (or other coins we hold) , we must sell it and who knows if bitcoin if the future (10 years more) price is 100x higher than right now, so i think it's normal for people who sold their coins for the profits.
This question to an extent depends on the region or area of residence. BTC is targeting new highs and at times it takes long to show and no one knows when it will happen. Bitcoin demand is increasing as new investors and crypto enthusiasts are joining the crypto community on daily basis. 0.1btc is high and could worth the holding, but the whales still have a larger possession of Bitcoin. I just the feeling that one should hold as much Bitcoin as possible, it might become too expensive, that nobody would want to sell his/her own, at that time, who knows what the market would become.
No one can tell what the future has, it is an imagination brought about by the fast growing and crypto adopting community.
No one can tell what the future has, it is an imagination brought about by the fast growing and crypto adopting community.
Not enough to own a mansion but enough to start a business. I think if you are just thinking about the mansion then it would be difficult to buy with just this amount but if you start a business make 0.1btc grow and buy a mansion then it is possible . Businessman mindset , as they say if you cant afford dont buy it , make more money first before buying anything . 0.1btc is just enough i think to very small house since the price of land and houses right now is really high so it would still be difficult to find one.
If you are a type of person who would really be that contented even just owning some small assets or business then it would be considerable but if you are minding about luxury cars and other big investment then better not to anticipate or do hope of it because it would be impossible for 0.1 for it to be that big.Somehow we do know that future wont give out any assurance but at least you do have some hopes about its potential but dont go into that extent that you are fixing your mind
because it could netheir go up or down instead which would make those expectations would be broken and lead to frustration.
It's strange reading about what early adopters went through trying to trade bitcoins. The prices in 2010 were low it's impossible imagining how sellers from 2010 feel about the Bitcoins they've sold.
11 years ago, back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:
you could buy ~17,000 BTC at once for 1,000 USD
2010: ~ 1,000 USD
2021: ~ 1 billion USD
It is Same thing happing now some people is rushing to sell out their Bitcoin because of the price of bitcoin have drop in the market so those people who is regretting in year 2010 selling out their Bitcoin will also for selling out their Bitcoin again because before 2023 Bitcoin will increase to the level that will be surprising So, in order to “make it” you need a mansion? What kind of mansion? There are mansions that worth few hundred thousands of dollars and mansions valuated at half billion dollars.
11 years ago, back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:
Quote
BuyBitcoins.com is back online. Right now you can buy bitcoins with a credit card, or through paypal. Currently 50,000 bitcoins are for sale at a rate of 15 bitcoins per dollar (0.077 dollars per bitcoin). Payments must be between $4 and $1000 dollars.
-Joey Rich
https://www.buybitcoins.com
-Joey Rich
https://www.buybitcoins.com
you could buy ~17,000 BTC at once for 1,000 USD
2010: ~ 1,000 USD
2021: ~ 1 billion USD
It's strange reading about what early adopters went through trying to trade bitcoins. The prices in 2010 were low it's impossible imagining how sellers from 2010 feel about the Bitcoins they've sold.
11 years ago, back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:
you could buy ~17,000 BTC at once for 1,000 USD
2010: ~ 1,000 USD
2021: ~ 1 billion USD
So, in order to “make it” you need a mansion? What kind of mansion? There are mansions that worth few hundred thousands of dollars and mansions valuated at half billion dollars.
11 years ago, back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:
Quote
BuyBitcoins.com is back online. Right now you can buy bitcoins with a credit card, or through paypal. Currently 50,000 bitcoins are for sale at a rate of 15 bitcoins per dollar (0.077 dollars per bitcoin). Payments must be between $4 and $1000 dollars.
-Joey Rich
https://www.buybitcoins.com
-Joey Rich
https://www.buybitcoins.com
you could buy ~17,000 BTC at once for 1,000 USD
2010: ~ 1,000 USD
2021: ~ 1 billion USD
Not enough to own a mansion but enough to start a business. I think if you are just thinking about the mansion then it would be difficult to buy with just this amount but if you start a business make 0.1btc grow and buy a mansion then it is possible . Businessman mindset , as they say if you cant afford dont buy it , make more money first before buying anything . 0.1btc is just enough i think to very small house since the price of land and houses right now is really high so it would still be difficult to find one.
So, in order to “make it” you need a mansion? What kind of mansion? There are mansions that worth few hundred thousands of dollars and mansions valuated at half billion dollars.
11 years ago, back in 2010, Joey Rich opened a thread https://bitcointalksearch.org/topic/buybitcoinscom-50000-bitcoins-for-sale-at-15-btcusd-987:
Quote
BuyBitcoins.com is back online. Right now you can buy bitcoins with a credit card, or through paypal. Currently 50,000 bitcoins are for sale at a rate of 15 bitcoins per dollar (0.077 dollars per bitcoin). Payments must be between $4 and $1000 dollars.
-Joey Rich
https://www.buybitcoins.com
-Joey Rich
https://www.buybitcoins.com
you could buy ~17,000 BTC at once for 1,000 USD
2010: ~ 1,000 USD
2021: ~ 1 billion USD
Don't think it's going to be enough, it's not like the lost bitcoin out there is big enough to cause scarcity, even if every person including children were given bitcoin, I don't think that it's enough and it won't last a long time in the hands of other people.
Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
How many people have $100,000 or $500,000$ today ? This may not be a good amount of money if you are living in a developed country but in many underdeveloped countries, a person possessing this much amount of money will be considered a millionaire.
If you have 0.1 bitcoin, just hold it in a hardware wallet and see what developed after 10 -15 years. It could be a life-changing investment.
In underdeveloped countries that amount is considered as fortune, you can have a decent house and cars with business on your own, if you can hold your asset and you believe that the future will be nicer, considering holding and allow the progress to take place, in that process you will generate a decent amount of profits and who knows what would be there awaiting this crypto currency.
Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
How many people have $100,000 or $500,000$ today ? This may not be a good amount of money if you are living in a developed country but in many underdeveloped countries, a person possessing this much amount of money will be considered a millionaire.
If you have 0.1 bitcoin, just hold it in a hardware wallet and see what developed after 10 -15 years. It could be a life-changing investment.
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
If we will going to make the present time especially today a reference as owning 0.1btc for me is enough, it is enough already to claim myself as a millionaire in terms of conversion into our fiat currency however this amount will not going to be a good own if future purposes will consider. Inflation kicks higher every year and that's what will going to kill the possible value of our owned 0.1 bitcoin if in case. But yeah, owning a 0.1bitcoin is already good enough than holding cash
I don't know the degree to which a person called a millionaire should have how much money but with only $4700 I think it will only make you live only a few months and that's not enough to be a millionaire.
on the other hand it is indeed a fairly large amount but I think it will be very insufficient to navigate life and cannot be said to be successful first
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
If we will going to make the present time especially today a reference as owning 0.1btc for me is enough, it is enough already to claim myself as a millionaire in terms of conversion into our fiat currency however this amount will not going to be a good own if future purposes will consider. Inflation kicks higher every year and that's what will going to kill the possible value of our owned 0.1 bitcoin if in case. But yeah, owning a 0.1bitcoin is already good enough than holding cash
Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
No. If we assume bitcoin will hit $1 million (which is pretty generous), then 0.1 BTC will be only $100,000. If bitcoin hits $5 million, then it will be worth $500,000. With potentially very high inflation in future years, this may not be as great as it sounds today. However, owning any kind of bitcoin is probably better than holding cash.
Considering the supply vs global population = 0.003BTC per person to go around.
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
Then other factors like not all 21 million will be in circulation due to lost wallets/deceased hodlers who never informed anyone where their seed is, and also an increasing global population and future generations who all want in.
Do you think 0.1BTC will be like owning a mansion?
why not!
In 2010 who can think that 1 BTC will be worth of $60K?? But over time, that is likely to change. Now, 0.1BTC is worth of $5k but who knows that Bitcoin never go $200K within the next 5 years? If the bull market of Bitcoin continues to grow like this year then It is too much logical to think buy a mansion with 0.1BTC in 2025.
Perhaps, many economists think Bitcoin will replace paper money within 2025, so Hold on tightly until your dream comes true.
Make it how? As in being made for life if I get your question correctly? Well, it depends on your appetite. If you have a very small appetite, that might do, but someone like me with a whales appetite, that is just too small to satisfy me. I need like 100BTC.
In 10-20 years yes, sat = dollar, everything is possible.
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