How high would Bitcoin price have to be for you to live off Bitcoin? - page 2.

lol3c

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Quote from: alphablitzer on January 02, 2017, 08:20:51 AM

1 million dollars per Bitcoin. Lol. I'm not sure if that will happen but thinking it has possibility, it would be nice. It's funny to think that some are speculating and hoping for that to happen. Hoping for it!

That seem to be the wildest dream I have ever heard Grin

But yeah bitcoin does have some possibilities of rising sky high and reaching the enormous price. Anyways, it would be a long long time before the miracle really happens, I think we won't live long enough to see that happen but maybe our children will Grin

Velkro

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Quote from: P_Shep on December 29, 2016, 04:27:02 PM

$20,000.00/BTC for a very modest living for me.

Thats modest calculation, you probably have a lot of bitcoins. I would say $100000 per BTC
There is chance for that, in year 2050 Tongue

, life is too short.

alphablitzer

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1 million dollars per Bitcoin. Lol. I'm not sure if that will happen but thinking it has possibility, it would be nice. It's funny to think that some are speculating and hoping for that to happen. Hoping for it!

Nahl

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as a human maybe high price will not satisfied us because it is has become human nature but if i could using at least 0.1 btc to feed all of my family and buying all my daily need in a month i think that will be enough for me or 1 btc per $200k might be good

canah17

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Quote from: anzel2002 on December 29, 2016, 04:19:14 PM

Many wealthy people can live off the interest of the money they have in the bank,or other passive income, How high would Bitcoin price have to be for you to live off Bitcoin?

Well for me its much bigger i mean 50 BTC well its very big its huge haha.. but i really need the money for it to have my own business so that i will live off bitcoin but it seems like i can't really open up a business because i don't have any experience so i would pay someone to help me with my business and expenses are no problem to me but what i am afraid of tax in bitcoin because if you have much larger income on bitcoin the tax will be at the most of getting larger by then i won't achieve my dream of becoming a business man but for sure that 50 BTC will help me how about you? how much do you prefer to live off bitcoin? Have a nice day! and Happy new year! Cheesy

topesis

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Once the BTC price hit $10000 price floor and the inflation rate is not damn high. I tell you, I will be free financially and I'm sure so many people here too will be. What I will advise people is to always say part of their BTC for the period like this, it seems inevitable we will hit that price in future

Diced90

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Get'em boys

The real people living off bitcoin own bitcoin companies and making pretty good money too but individually i see bitcoin as a source of petty cash .

whizter

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Quote from: traderethereum on December 31, 2016, 04:37:02 AM

Quote from: Sithara007 on December 30, 2016, 07:03:45 AM

Right now, I have BTC0.0915 with me. I need at least $2.5 million to live comfortably. So after all the calculations, I need an exchange rate of around $25 million per coin to live off Bitcoin.

I know that it is impossible. So, I never plan to live off Bitcoin. For me, Bitcoin is more like a passive source of income.

its not impossible to be happen but we should wait more time before the price is up like you want. i am not dreaming too much for this, the only thing that i want is i can make withdraw in everyday at least $100 in a day from bitcoin and i am not decide to live off from bitcoin.

i want to continue earning from bitcon and never feel for any day job. i want bitcoin to continue gaming me such amount of bitcoin that can be enough for spending a good life and i cannot think about bitcoin to ever leave it .

European Central Bank

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Quote from: TheTaskMaster on December 31, 2016, 04:18:27 AM

I would say 2500$ per bitcoin would be enough for me because 10000$ per bitcoin is too high because the transaction fee will be around 10k - 20k sat which will be around 1$ +

if you have enough inputs it already is $1+. They've adjusted the fee before. they'd better do it again because i can't see many people paying $10 per transaction right now.

carlerha

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Quote from: ikydesu on December 30, 2016, 07:34:08 AM

For me as much as bitcoin can rise, it will be better for me to live off, means we always wants note and more, that's the human nature. So, for me now I need to collecting more and more bitcoin.
Also for inherited to my children and grandchild.

to me i think lit your children and grand children leave their own life. they should earn for themselves, you nee to earn for your self and to support your children tell they become adult,you should try to facilitate your own life by earning and fulfilling your daily requirements.

hurain

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Quote from: nara1892 on December 30, 2016, 07:00:39 PM

Quote from: anzel2002 on December 29, 2016, 04:19:14 PM

Many wealthy people can live off the interest of the money they have in the bank,or other passive income, How high would Bitcoin price have to be for you to live off Bitcoin?

I would say 10bitcoin in price $950. it would be fulfill my daily needs in 5 years I think, as long as I live myself. and I will use it to start a business in order to get some profit I can save for my travelling in the next few years with my family.

i think you should clear it first that either you need it on monthly basis or weekly basis, to me i think if the price of bitcoin is trading above 1000 USD then it is enough for my monthly expenses along with my small family.

traderethereum

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Vave.com - Crypto Casino

Quote from: Sithara007 on December 30, 2016, 07:03:45 AM

Right now, I have BTC0.0915 with me. I need at least $2.5 million to live comfortably. So after all the calculations, I need an exchange rate of around $25 million per coin to live off Bitcoin.

I know that it is impossible. So, I never plan to live off Bitcoin. For me, Bitcoin is more like a passive source of income.

its not impossible to be happen but we should wait more time before the price is up like you want. i am not dreaming too much for this, the only thing that i want is i can make withdraw in everyday at least $100 in a day from bitcoin and i am not decide to live off from bitcoin.

TheTaskMaster

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I would say 2500$ per bitcoin would be enough for me because 10000$ per bitcoin is too high because the transaction fee will be around 10k - 20k sat which will be around 1$ +

hurain

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Quote from: romero121 on December 30, 2016, 06:19:41 AM

I wish bitcoin to survive long to give life to more and more users directly and indirectly. The present price itself seems good to have a comfortable living in a third world country, if he can earn at least 1btc. Earning access needs to be increased for the better profitability.

yes i also hope so and the earning mean must be increase so that people have better opportunities to earn bitcoin for leading a comfortable life. bitcoin is really promoting in good way and hope that it will continue for ever.

Mydarksaviour

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50,000/btc might be great though. but its quite impossible to reach that high.

CraigWrightBTC

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Quote from: anzel2002 on December 29, 2016, 04:19:14 PM

Many wealthy people can live off the interest of the money they have in the bank,or other passive income, How high would Bitcoin price have to be for you to live off Bitcoin?

I think it is not about how high bitcoin's price for living from bitcoins, but how much passive income from bitcoin.
Because bitcoin's price is not useless if i don't have any income from bitcoin.
Amount of passive income for living from bitcoins about $10000 in bitcoin, will be enough I guess.

The_Dark_Knight

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Quote from: anzel2002 on December 29, 2016, 04:19:14 PM

Many wealthy people can live off the interest of the money they have in the bank,or other passive income, How high would Bitcoin price have to be for you to live off Bitcoin?

Those are in fact two different questions, to be able to live out of the interest generated by my small amount of bitcoins I will need bitcoin to be worth a few million, but to live of the small earnings I get every day, I will need the price to be close to 4k.

nara1892

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Quote from: anzel2002 on December 29, 2016, 04:19:14 PM

Many wealthy people can live off the interest of the money they have in the bank,or other passive income, How high would Bitcoin price have to be for you to live off Bitcoin?

I would say 10bitcoin in price $950. it would be fulfill my daily needs in 5 years I think, as long as I live myself. and I will use it to start a business in order to get some profit I can save for my travelling in the next few years with my family.

beerlover

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Quote from: Yakamoto on December 29, 2016, 07:36:04 PM

It all depends on what exactly I'll be doing and whether or not I'll be earning more Bitcoin in the meantime, or if I'll be living just off of what I have going for me right now.

if it's just for what I have with no earning capacity, then I need some large amount of value, $100,000/BTC would be beneficial and could probably let me live in my care for the majority of the remainder of my life with what I have, if I was to never earn again.

When it comes to bitcoin , it is not how high the price goes , but about how much I am earning from it or rather if I do have a constant good paying job that gives me bitcoin, I cannot make my life based on the bitcoin, however if I have a job that pays me like 0.1 btcerey day and the price of the bitcoin goes down than it will be worthless.

aardvark15

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Since I don't have very much Bitcoin, the price would need to very high. It's unrealistic right now, but in 20 years you never know what the price will be.

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