How many bitcoin is enough? | Bitcointalksearch.org

stomachgrowls

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Quote from: harapan on July 31, 2022, 09:57:13 AM

How many bitcoin is enough you say? I think people would have different answers or opinions on how many bitcoin is enough. I think the question is also related to the question “how much money is enough”? People. Would have different opinions and answers to that also.
But with bitcoin and in my opinion, it’s safe and wise if i might add to accumulate as much as you can while you can. 1 Bitcoin remains 1 bitcoin in the next 20 years. I would also say to safely and not be greedy in our quest to accumulate and hold bitcoin.

There would be no enough coins on which people will really be filling that contentment because all of us would really get as much as we could because we are naturally greedy.

No enough numbers would make use out contented thats why the answer would really be that obvious because we do love to accumulate lots because we do want to get rich.Right?

We do already know its potential thats why the more coins we do have the more chances on making ourselves rich.We know it cant just be possible unless if you are a whale
where you can accumulate as much as you could or as long your funds or money permits you.

harapan

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How many bitcoin is enough you say? I think people would have different answers or opinions on how many bitcoin is enough. I think the question is also related to the question “how much money is enough”? People. Would have different opinions and answers to that also.
But with bitcoin and in my opinion, it’s safe and wise if i might add to accumulate as much as you can while you can. 1 Bitcoin remains 1 bitcoin in the next 20 years. I would also say to safely and not be greedy in our quest to accumulate and hold bitcoin.

minime0105

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From what I understand in cryptocurrency no amount of cryptocurrency or Bitcoin you have that is enough or certain for you. I believe that cryptocurrency having it in your jurisdiction it's what every person tends to have because of its value approach off inclement even though you have up to ten Bitcoin or twenty Bitcoin you will not value it but you will feel to have more of Bitcoin so therefore nobody want to have a little Bitcoin because it is an asset

laredo7mm

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See 2010 1 bitcoin price and now 1 bitcoin . so you can understant how much worth if we have now 1 bitcoin . but if we have 1 bitcoin at the time of 2010 so we cant do huge think with that, but now we can do. so in future will be same 2022 1 btc 20k 2026 1 btc 200k it can happen. its not impossible for bitcoin. so if we buy 1 now it can make me rich fure also it can valuless but chance is 1% You can never have enough BTC.No bitcoin can be enough or reach to humans satisfaction,.With that I can say there is nothing you can say enough is enough.cryptocurrency especially bitcoin, it's obvious that everyone wants to keep on having bitcoin till infinity because no one knows what the price might get up to in future.Keep accumulating if you can.

Hamphser

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Quote from: Rupok on April 21, 2022, 02:49:35 PM

Quote from: southafricadude on December 09, 2019, 09:49:21 AM

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.

What do you mean.It's not enough everyone.You can yarn more and more mony and get to rich.Invest a huge amount, it's all depend on your invest.Right now bitcoin price is around $41k.if you think its price a not huge amount for you then you buy double.The crypto system needs a standard of money,so you have a big amount you buy some bitcoin.But your need to more knowledge about bitcoin.i think very soon bitcoin probability get to a million dollars.

Investment decision would really be depending or varying on someones preference or goal or target because each person are totally different in terms of mindset. How much bitcoin would be enough?

As much as we could which is a normal for a human being to aim for since we know that more the better kind of aspect that we do follow in life.Speaking with investment targets then
it would vary, some would be thinking for long term and some would be thinking for short term engagement to see profits in a shorter time frame.

Rupok

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Quote from: southafricadude on December 09, 2019, 09:49:21 AM

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.

What do you mean.It's not enough everyone.You can yarn more and more mony and get to rich.Invest a huge amount, it's all depend on your invest.Right now bitcoin price is around $41k.if you think its price a not huge amount for you then you buy double.The crypto system needs a standard of money,so you have a big amount you buy some bitcoin.But your need to more knowledge about bitcoin.i think very soon bitcoin probability get to a million dollars.

Xal0lex

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Quote from: carlfebz2 on April 12, 2022, 06:47:36 PM

Totally different on what we are aiming in speaking about decentralization and with just seeing into its features you could really see the differences.

CBDC has never hinted at centralization, especially when we talk about central bank products. CBDCs want their niche in digital currencies and payments, but they cannot compete on an equal footing with real cryptocurrencies. Why do I need CBDC when I can pay for everything with bitcoin? The only way to get people to start using CBDC en masse is to ban bitcoin and other cryptocurrencies, thereby establishing complete control and monopoly in the digital world.

Paul Pogba

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If the current bitcoin price is around $41k and i want to retire and be able to survive for at least 20 years then i need around 100 btc, of course assuming inflation is not more than 10% per year and there is an increase in bitcoin price around 15% per year, of course not no one knows about the future but i use current calculations.

Smartprofit

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Quote from: Xal0lex on April 12, 2022, 02:12:52 PM

Quote from: Smartprofit on April 11, 2022, 04:44:53 AM

In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country. In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency. In a situation where the world is split, Bitcoin will flourish.

Mankind needs world money, it needs a standard of value. Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other. And Bitcoin is simply designed to operate in a trustless environment.

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.

Right now, we don't know for sure if Chinese people use Bitcoin or not? Is there a black (or gray) market for bitcoin trading in China?

In any case, China is a country with a special mentality. In China, the state completely dominates the citizens of China, everything is subject to the declared plans of the state.

This is not the case in other countries. In other countries, citizens either have more personal rights and freedoms or are able to circumvent laws and regulations.

Yes, I agree that CBDC has many disadvantages compared to Bitcoin. That is why (in my opinion) Bitcoin will not disappear and will be accepted as the world's reserve currency. CBDC cannot be the world's reserve currency, as it is under the full control of the state.

The financial system needs a standard of money, and this is Bitcoin.

Joshapat

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I also don't have a specific target or limit with the number of bitcoins I have, besides that altcoins are investments that I think are also good and promising because we can get opportunities for large and short-term profits by investing in altcoins.

Zilon

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Bitcoindata.science

Keep accumulating, I don't have a set target all I do is ensure at every point in time I have Bitcoin reserve in my wallet. Even if I hit 1 Bitcoin it won't still be enough I will still have the hunger to acquire more and more coin. To save me from the pressure that comes with competition I just save at my own pace

Pejoh Asu

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The current bitcoin price is around $40k, and the market trend is still red and makes us have to be patient, for me if I have 150 btc or $6 million then it has made me enough and can do many things, especially starting my own business and being able to employ many people. Of course to have 150 btc is difficult and i will hold bitcoin for long term.

carlfebz2

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Quote from: Xal0lex on April 12, 2022, 02:12:52 PM

Quote from: Smartprofit on April 11, 2022, 04:44:53 AM

In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country. In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency. In a situation where the world is split, Bitcoin will flourish.

Mankind needs world money, it needs a standard of value. Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other. And Bitcoin is simply designed to operate in a trustless environment.

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.

Lets put up some link about Chinas digital Yuan.

https://www.adb.org/publications/the-peoples-republic-of-chinas-digital-yuan-its-environment-design-and-implications
https://www.cnbc.com/2022/01/11/china-digital-yuan-pboc-to-expand-e-cny-use-but-challenges-remain.html

Totally different on what we are aiming in speaking about decentralization and with just seeing into its features you could really see the differences.

Len Saldua

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I believe there is a high probability Bitcoin may not ever get to a million dollars. The underlying technology ( blockchain ) is a little complicated and too clever for the average person to understand. Sure, if you're under 35, but the current demographics suggest that older people will become a huge segment of the population in the near future. And have you noticed they still use coins and VHS-tape recorders ?
I do see Bitcoin doing a 10X from where it is now though.

Xal0lex

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Quote from: Smartprofit on April 11, 2022, 04:44:53 AM

In my opinion, CBDC is dangerous for the development of Bitcoin only in a situation where the CBDC of one country is freely convertible into the CBDC of another country. In the absence of disunity and geopolitical tensions, CBDC does pose a significant danger to the first cryptocurrency. In a situation where the world is split, Bitcoin will flourish.

Mankind needs world money, it needs a standard of value. Such world money should be decentralized, because in the conditions of geopolitical fragmentation, countries do not trust each other. And Bitcoin is simply designed to operate in a trustless environment.

Therefore, in the current realities, the chances of Bitcoin becoming the world's reserve currency are very high.

CBDC cannot compete equally with bitcoin because CBDC is a highly centralized currency and can be blocked at any time. To develop CBDC, governments will banish cryptocurrency from their country, as China has done.

I am inclined to believe that the implementation of CBDC will happen faster than bitcoin will become the world's reserve currency, as it may take decades for bitcoin to be recognized as the world's reserve currency.

Dunamisx

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Quote from: southafricadude on December 09, 2019, 09:49:21 AM

I recently saw people saying online that 1 bitcoin is not attainable for most people, and they should aim for 0.1 bitcoin, and that sounded crazy to me. Surely if something is so important, you can find a way of getting 1 bitcoin over a year or two?

Do you guys have a certain amount you are aiming for?

We sometimes failed due to the fact that we believe almost every crap out there given by people, the amount of bitcoin you should own should be base on your financial capacity and not people's persuasions, there's no limit stated elsewhere to the certain amount of bitcoin an individual can invest with, all i will advise you is to invest rather than trading but if you're good at trading you can use a smaller amount in doing that, here am not giving you a precise amount to use because trading has lot of risk than investment, any always ensure you trade on amount in which you can afford loosing should in case it turned out opposite.

Investment is done to maintain the hold of value in assets over a long period of time, its also your choice in choosing the amount to invest with, only scammers will insist on a particular amount they want to help you invest or trade with and as for me, I don't have the highest or lowest amount in which i must invest, i work by my current economical and financial situation of my purse.

nur rochid

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there is no mathematical answer when asked how many bitcoins should be owned. because of course the more bitcoins we have, the better. but everyone's ability to collect bitcoins is not the same, therefore it is better to set aside our money to buy bitcoins for our future, because after all this is better than saving in the bank. fiat will lose its value over time, while bitcoin will increase over time, so many people call it digital gold

Hamphser

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Quote from: zaesvlas on April 11, 2022, 09:46:00 AM

This question is similar to asking - how much money is good? The answer is obvious in this case - the more money, the better.

The more bitcoins the better!

This is what most people would say because as a human being then we are naturally being born to have that kind of greed inside which is on love for money because we know on what would be the benefits
on having a financial freedom in our current lives.
People wont really be contented on what they do current have.

bustabitsboy

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Quote from: southafricadude on December 09, 2019, 09:49:21 AM

I remember when people used to say having 21 was good, because then you would have 1 millionth of the supply. Now I see people talking about some 6.15 number, which I have no idea why or how anyone came up with that number.
Other guys tell people having 1 bitcoin will be 'enough' in the future, and how long into the future, I do not know.
I recently saw people saying online that 1 bitcoin is not attainable for most people, and they should aim for 0.1 bitcoin, and that sounded crazy to me. Surely if something is so important, you can find a way of getting 1 bitcoin over a year or two?

Do you guys have a certain amount you are aiming for?
Personally I dont have a cap on the amount I want to get. I just keep getting as much bitcoin as I can, when I can. Stacking sats I think the cool kids call it.
I dont think I will ever stop doing this. If I need to liquidate some in order to live and buy things, i'll do that, but i'll always keep trying to replenish what I spend.

There can't be too much money. There will always be dreams and things to spend money on. Sometimes this is a very real amount of money for me, but sometimes I think I want more. We can ask how much money we need for a happy life and no one knows the exact answer.

zaesvlas

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This question is similar to asking - how much money is good? The answer is obvious in this case - the more money, the better.

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