Very possible, if one day Bitcoin achieves the surprise and reaches 1 million dollars, 0.1BTC will be enough for many people to own a mansion in their town, but of course this varies from country to country because prices are very different, also do not forget that real estate prices vary a lot over time For example, a house that cost 10k$ ten years ago is now 100k$, so it might be worth a million dollars after ten years!!!
But who wants a palace anyway? A nice house in a quiet area and some money is enough for me to have fun!!! I prefer beautiful nature over luxurious mansions.
Topic: Do you guys think 0.1BTC is enough to "make it"? - page 9. (Read 1229 times)
Do you think 0.1BTC will be like owning a mansion?
If we're going to look back on the price of bitcoin few years ago, the price increased like we have never imagine and realized if only we buy during those times probably we are rich by now. That being said, its possible to own a mansion by having 0.1 BTC but if you're only willing to hold for long period until the price is high enough to afford buying a mansion. Plus it also depends from where you live because there are places that has cheap houses compared to living in cities. 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?
It depends on when the time is, 0.1BTC right now is nothing to own a mansion but it could be happen in 20 years if the blockchain and crypto space keeps evolving like it used to before and bitcoin still a father of all cryptocurrency.
But i worried that there will be a coin that able to replace BTC in those time interval because there are so many people are developing new coins and new system right now.
That is correct; however, a few years ago, I thought that kind of price for bitcoin was a little low, but now it is extremely high. I recall earning that amount of bitcoin back in 2016, but I was more inclined to spend it rather than save it. Right now, that price is so high that it could buy you something if you had that amount. But in terms of owning a mansion, I don't think so because the price was too low. A mansion would be huge and would include a lot of expensive items, but if we're talking about a simple house, I believe it is possible to own one.
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?
It depends on when the time is, 0.1BTC right now is nothing to own a mansion but it could be happen in 20 years if the blockchain and crypto space keeps evolving like it used to before and bitcoin still a father of all cryptocurrency.
But i worried that there will be a coin that able to replace BTC in those time interval because there are so many people are developing new coins and new system right now.
If you think 0.1 BTC can make the mansion you are wrong because 1 BTC still hasn't reached 1 billion USD because every property development requires high costs because property prices always increase as well as crypto market prices. but I wonder why the target has to be mansion if there are other better options or HODL BTC to reach the price of 1 billion/1 BTC for to make the mansion
OP's question is generally long term and not today , do you really understand the post? upon mining the 21 million coins meaning this is more than 20 or more years from now and even if bitcoin won't rich a Billion dollar value yet this 0.1BTC will be enough to buy a Mansion in small country of course not in Vegas lol._______________________________________________________________
Maybe in 10-20 years even if that 0.1 bitcoin cant buy a mansion yet that will be a highly valued currency to keep.
If you think 0.1 BTC can make the mansion you are wrong because 1 BTC still hasn't reached 1 billion USD because every property development requires high costs because property prices always increase as well as crypto market prices. but I wonder why the target has to be mansion if there are other better options or HODL BTC to reach the price of 1 billion/1 BTC for to make the mansion
If you are targeting 0.1 BTC right now, you might consider putting a small portion of your budget (10% or below) into other cryptocurrencies to help you build that mansion faster. It's an unpopular opinion and definitely a higher risk move but it's a fact that many alts have outperformed BTC since last year.The market, as it is now, is shifting to the latest trend which is Metaverse and you could make good money if you play it right. It's crazy to think that a 0.01 BTC could turn into 1 BTC in a matter of months. If you're going to take that approach, make sure you understand the higher volatility in altcoins and you read/research before you buy.
If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.
Yeah, the price varies in which country you are residing and in some places, that price doesn't really matter to them considering the current price today. However, if we are talking about the future where the population has already increased and so has the price of bitcoins, then that would be possible. In my country right now, you can only buy a chunk of land where you can build a small house. That's why we also need to consider that the price will rise in the future in order for that to happen.
Why are people too focused on the mansion? LOL. I don't think OP is referring to a literal mansion here.
By mentioning mansion, he/she probably refers to 0.1BTC possibly becoming a considerable wealth in the future. And I say, it is very possible. Of course, it depends on how Bitcoin would fare in the next decades, how adoption would pan out in the midst of government regulations, how commerce would treat Bitcoin, and so on.
If things turn out well, 0.1BTC might indeed become a significant fortune in the future. But it might take a few decades. Your children and grandchildren might be the ones who will enjoy it more. But it's worth it.
By mentioning mansion, he/she probably refers to 0.1BTC possibly becoming a considerable wealth in the future. And I say, it is very possible. Of course, it depends on how Bitcoin would fare in the next decades, how adoption would pan out in the midst of government regulations, how commerce would treat Bitcoin, and so on.
If things turn out well, 0.1BTC might indeed become a significant fortune in the future. But it might take a few decades. Your children and grandchildren might be the ones who will enjoy it more. But it's worth it.
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.
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.
I think your premise in the beginning is flawed, that could be the supply vs global population, but you have to take into account when is the last bitcoin going to be mine? Technically it will be 2140 +/- so that's a long way to go to have that kind of mindset. So it's better to accumulate as much as you can before even dreaming of having a mansion in n the future.
Do you think 0.1BTC will be like owning a mansion?
Again, as I have said, it's better to just accumulate and not just stop on some numbers because you did some math and you think it is right.
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?
When that time comes? it is not only Bitcoin that will be named in Holding and cryptocurrencies , surely before that 21million bitcoin being mined there are names of currencies that will explore and will be used by many of us.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?
actually in our time now we can see that there are blooming cryptos and getting closer to the top, means why need to focus only in bitcoin if other altcoins will be adopted by many?
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.
And do you think that it was enough? No, and you can't stop people from owning a lot if they want to or that they have the capacity to buy more. And the fact that not all are able to understand crypto, it simply they don't get an interest of owning this. 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.
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Do you think 0.1BTC will be like owning a mansion?
Forget about the mansion, I'd rather put that money in a small and comfortable house as I know that amount is not enough, though. Maybe if you hold 1 full BTC... 
In the past it was all about one in a million, later things have changed due to the incredible growth and the increased adoption of bitcoin. If this question has been asked almost ten years back, maybe now you could've been made your mansion. Now too, this isn't bad time. You need to be lucky enough to make good profit. If you've got 0.1BTC then hold for it or try investing on low price altcoins after DYOR. Maybe you could own a mansion soon or later.
not enough at current price for make a mansion ! will be more than enough if the price of bitcoin is 1 BTC = 1 Billion USD ! when and where you make a do it ? my suggestion is you better put more bitcoin in your portfolio to get a mansion for the big your future ! trust in bitcoin for your purpose
Normally, we always say we don't have enough. That's part of human nature. But if someone will give that amount for free, of course, it is more than enough. So whatever you have, make the most of it and appreciate that you have such amount. It will go a long way if you know how handle your finances. So any amount is enough if you know how to manage it.
Do you think 0.1BTC will be like owning a mansion?
How much does a mansion in your area cost?Because we cannot generalize it for all countries. It will depend on each area.
If that is in my area, no.
0.1BTC is around 5700$ if converted to Usd Or yku can also convert it to your country fiat.
It seems that I cannot buy a mansion or even a small house in my area, even it is a subsiditory house, still cannot.
If I have 0.1BTC and I want to have a mansion or house, I kust work hard again. At least I can buy a land at first, but it is of course not too wide land. Enough with only around 80-90ft.sq.
not enough at current price for make a mansion ! will be more than enough if the price of bitcoin is 1 BTC = 1 Billion USD ! when and where you make a do it ? my suggestion is you better put more bitcoin in your portfolio to get a mansion for the big your future ! trust in bitcoin for your purpose
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?
Definitely it's like owning a valuable property nowadays, and that 0.1 btc during those day of 2017 was not a big deal compared today. But for now, it's really an amazing profitable amount to generate bigger gains once it earns passive income specially when you're proficient with day trading and other crypto investments.
... what does 'make it' mean ...
Exactly, make it when? where?
Buying a cheap property and living self sufficiently and sustainably without having
to pay a mortgage with a day job could be deemed making it
Owning a super car and a 10 bedroom luxury mansion to some would be the only
criteria needed to make it
Only one scenario will be possible with 0.1BTC, think about it when Bitcoin goes
to $1,000,000 per coin you will have $100,000, factor in inflation and see what it
gets you. The cheap property offer sooner looks to me like a good proposition than
the luxury material posession life. But everyone has different goals and expectations.
So yea making it is very subjective.
If 1 bitcoin is $54000 now, 0.1 bitcoin will be $5400. Can $5400 buy or build a mansion in your region, that answer is left to you. But to me in my country, 0.1 bitcoin can only buy a piece of land, it can not be used to build a mansion to completion, but 1 bitcoin can build a small beautiful house in my area. I do not know of the future, as bitcoin price is increasing, this can later likely be possible.
I think the answer to OP's question will depend on the timely. I mean, the entire bitcoin supply emissions isn't completed yet and we're still far from full crypto adoption so I imagine that when we get either or both of those too - total supply in circulation (not complete 21M considering missing wallets among other things), Bitcoin's price might be at a place where 0.1BTC would be enough to actually "make it".
Again, as with everything, it depends where you live, what does 'make it' mean to a certain person, how long do you plan on holding on to your investment, so on and so forth. So yes, you can definatelly make it if you set your goals loe or grind out your investment by reinvesting and doing that for a considrable amout of time.
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