How many bitcoin is enough? - page 2.

Sebas.tian

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It will never be enough to have bitcoin because everyone is racing to collect bitcoin in any way, because they know that in the future bitcoin will be far more profitable.
and I personally always try to buy bitoin in small amounts incrementally from the rest of my salary that I have budgeted after meeting my needs, and I will continue to do so as long as I can afford unlimited bitcoin and for the future of my family later

Definitely, bitcoin will be more far profitable in the future. Using huge amount of money to buy bitcoin in this season, I think it will be enough for you to achieve what you want from the crypto market because those that invested a huge amount of capital on bitcoin some years ago, have something big to earn in the future. Investing your salary on bitcoin is a good idea that will affect your family positively in the future when the price of bitcoin finally hit $60,000 before the end of this month of April 2022. In this season of profits making, it will be better for people to increase their capital to buy bitcoin since the price has dropped to $41,000 which will really help them to make a reasonable income in the future.

Smartprofit

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Quote from: Xal0lex on April 10, 2022, 01:36:52 PM

Quote from: Smartprofit on April 10, 2022, 02:46:04 AM

However, there are currently very few people who actually believe that 1 BTC = $1,000,000. Bitcoin owners have moderated their appetites.

And that's a good thing. People are enlightened and understand that their wishes are not true and that bitcoin cannot gain the price they want so quickly. People have become more knowledgeable about bitcoin, so there are a lot fewer of those naïve predictions we saw in 2017-2018. And even if they appear, people try to explain it as intelligently as possible, not just wishful thinking.

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Bitcoin is the world's ideal reserve currency. At present, the world is split and disunited. Individual countries will issue Central Bank Digital Currencies (CBDCs).

Yes, CBDC development is underway and it is unknown how the governments of the countries where these products will be launched will behave towards bitcoin. If these countries decide to go the way of China, we will definitely not soon see bitcoin at a million dollars. Because such bans will greatly slow down bitcoin adoption and hold back its growth.

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.

Lordshiva

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Welcome back 🙏

For me you don't need to set your goal point in bitcoin as long as there some ways to earn then you should keep on earning because in the future bitcoin can be useful not only in some financial problem but to solve everything in your life not all can afford bitcoin but if they work hard to get what they want there's no impossible to do so and keep that in mind and always try harder it is okay to fail than not trying to earn.
I already collected a lot of bitcoin since i started in 2015 and i am really thankful that i knew bitcoin it change my life a lot

Xal0lex

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Quote from: Smartprofit on April 10, 2022, 02:46:04 AM

However, there are currently very few people who actually believe that 1 BTC = $1,000,000. Bitcoin owners have moderated their appetites.

And that's a good thing. People are enlightened and understand that their wishes are not true and that bitcoin cannot gain the price they want so quickly. People have become more knowledgeable about bitcoin, so there are a lot fewer of those naïve predictions we saw in 2017-2018. And even if they appear, people try to explain it as intelligently as possible, not just wishful thinking.

Quote

Bitcoin is the world's ideal reserve currency. At present, the world is split and disunited. Individual countries will issue Central Bank Digital Currencies (CBDCs).

Yes, CBDC development is underway and it is unknown how the governments of the countries where these products will be launched will behave towards bitcoin. If these countries decide to go the way of China, we will definitely not soon see bitcoin at a million dollars. Because such bans will greatly slow down bitcoin adoption and hold back its growth.

savetheFORUM

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Quote from: LUCKMCFLY on April 09, 2022, 10:04:41 AM

I think that in about 20 years, whoever owns at least 1BTC will be a billionaire, there will be no doubt about that, then this totally deflationary economy will make many of its owners or holders have a lot of money over time, even some people say that for now the BTC is expensive, but it is obvious that in a few years it will have very large values in price, which makes it seem to be very cheap at the moment compared to what will come. I am a person who believes in the S2F model and that all things will flow in that direction, which is why I base my speculation here.

20 years is long and there will be more all time high's that bitcoin will achieve throughout that year. To some developing countries, owning a single bitcoin already entitles to become a millionaire so how much more if 20 years from now?

You will be a billionaire if not a trillionaire as long as you still have that 1 bitcoin but pretty sure they will still have it because bitcoin holders already witness the benefits of holding a bitcoin for a long time. They won't sell it all but if they will sell, they will only sell a tiny percent, that is for them to have a money that they can use for buying more bitcoin once the market experience a bear run.

Smartprofit

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Quote from: Xal0lex on April 10, 2022, 01:29:59 AM

Quote from: Smartprofit on April 09, 2022, 01:22:51 PM

Let's assume that in 10 years the price of bitcoin will reach $1,000,000. This is a very real price for such a well-known and popular deflationary asset.

Dreams of a million-dollar bitcoin have been going on for five years, since the famous controversy of the now-deceased McAfee. A million-dollar bitcoin is a reality if mass adopting happens. Will it happen in the next 10 years? There is a possibility, if of course bitcoin can solve the many problems it now faces. It is unclear how much more speculation in the industry about the harm of bitcoin mining, its speculative nature, high volatility, etc.

Personally, I think in 10 years bitcoin could be worth $400,000. There are still too many unmined coins for a $million price.

Yes, we remember it. 1 bitcoin = $1,000,000 is a very old meme.

However, there are currently very few people who actually believe that 1 BTC = $1,000,000. Bitcoin owners have moderated their appetites.

At the same time, there are reasons to hope for such a price.

Bitcoin is the world's ideal reserve currency. At present, the world is split and disunited. Individual countries will issue Central Bank Digital Currencies (CBDCs).

However, a world currency is needed, which will be recognized as a monetary asset by all people on planet Earth (regardless of which economic and military blocs their countries belong to).

Bitcoin is such a global currency. Bitcoin is decentralized, thanks to which it belongs to all Humanity.

Xal0lex

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Quote from: Smartprofit on April 09, 2022, 01:22:51 PM

Let's assume that in 10 years the price of bitcoin will reach $1,000,000. This is a very real price for such a well-known and popular deflationary asset.

Dreams of a million-dollar bitcoin have been going on for five years, since the famous controversy of the now-deceased McAfee. A million-dollar bitcoin is a reality if mass adopting happens. Will it happen in the next 10 years? There is a possibility, if of course bitcoin can solve the many problems it now faces. It is unclear how much more speculation in the industry about the harm of bitcoin mining, its speculative nature, high volatility, etc.

Personally, I think in 10 years bitcoin could be worth $400,000. There are still too many unmined coins for a $million price.

josgandosbro

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Bitcoins Price is any time to up and down. So people love the bitcoins and endless. Bitcoins is future t the coins. So flow the bitcoins day by day. so peopl know what time to buy the bitcoins and what time to sell the bitcoins. It people endless hold the bitcoins. Bitcoins is endless. So people hold the bitcoins and time to release in the marketplace.

Smartprofit

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I think that in 10 years 1 bitcoin will be worth a very large amount of money.

How much will 1 bitcoin cost? It's hard for me to give a precise answer to this question.

Let's assume that in 10 years the price of bitcoin will reach $1,000,000. This is a very real price for such a well-known and popular deflationary asset.

By the way, it is likely that the price of Ethereum will also be very high. At the same time, investing in Ethereum can be even more profitable than investing in Bitcoin.

Ethereum has smart contracts and this is its advantage over the first cryptocurrency.

olib123

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No bitcoin can be enough or reach to humans satisfaction, because looking at it in another form bitcoin is money and money is bitcoin and know one can be satisfy of money irrespective the amount of finance that comes to his way monthly, using presidents as a case study, many of them has money that can sustain their life or serve their generation for twelve good years but still them wants to go back again, while?, because money is infinity want or need from humans, so relating it to 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.

LUCKMCFLY

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Quote from: TimeTeller on March 31, 2022, 06:47:27 PM

Quote from: Fivestar4everMVP on March 29, 2022, 01:23:45 PM

Exactly the same thing in my country, banks and all other financial institutions are banned from carrying out crypto transactions, and they were also instructed to restrict the account of anyone suspected to be dealing in cryptocurrencies, so we all in my country resorted to p2p as a means of withdrawing money from crypto to our bank account as well as deposit from our bank accounts to exchanges for crypto purchase.

One thing is certain, this phase will pass, their ban has not reduced the number of crypto traders in the country, Infact, the ban has even tripled the number of those who are into crypto in my country, so it's just a matter of time, they will come to the realization that this is a revolution they have no power over, and they can not stop it.

It will only be a matter of time before they change their stance on crypto.
If they see other advanced countries that are very open to crypto market, they would think, why they are very strict to it?
And if they observe the impact on the economy, they will re-assess their protocols.
Because if they will stick to their laws, they will find out quick that they may be are left behind.

I agree with this statement, the least shameful way that I am sure that they will do it is through the regulations that they will put in the country, this is the way that the governments will begin to accept the BTC and the crypto, it is that they do not have another way.

No country can go against the tide, if all countries accept BTC in some way they cannot refuse, it is like saying No to money, because after all BTC, Gold, represents money. And BTC still it is a great representation of the money that can be multiplied.

LUCKMCFLY

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Quote from: Dollar_Hunter on March 31, 2022, 11:06:07 PM

Quote from: Sir Legend on March 31, 2022, 10:11:09 PM

Quote from: Victorycoin on August 18, 2021, 10:27:39 PM

No matter how much bitcoin is enough it is profitable no matter how long it lasts. The price of Bitcoin is rising at the moment and it is expected to rise further in the future everyone invests less because of the high value of bitcoin the more capital you have, the more capital you have the more bitcoin you hold the more profitable it is bitcoin will never be lost as its investment demand grows. Therefore it is better to keep bitcoin even if it is a small number.

The most important thing about bitcoin is that it can give us benefits, I have known bitcoin for almost 10 years, unfortunately it is always too late to invest, and when the price is high as it is now then I try not to repeat the mistake again, I will focus on buying and holding for the long term.

There is no doubt about it and many people have already benefited from holding Bitcoin,
for long term investment Bitcoin the right choice and very feasible,
whether this is the right time to buy Bitcoin or not I also don't know but for sure we must also be brave to take risks

I think that in about 20 years, whoever owns at least 1BTC will be a billionaire, there will be no doubt about that, then this totally deflationary economy will make many of its owners or holders have a lot of money over time, even some people say that for now the BTC is expensive, but it is obvious that in a few years it will have very large values in price, which makes it seem to be very cheap at the moment compared to what will come. I am a person who believes in the S2F model and that all things will flow in that direction, which is why I base my speculation here.

Dollar_Hunter

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Quote from: Sir Legend on March 31, 2022, 10:11:09 PM

Quote from: Victorycoin on August 18, 2021, 10:27:39 PM

No matter how much bitcoin is enough it is profitable no matter how long it lasts. The price of Bitcoin is rising at the moment and it is expected to rise further in the future everyone invests less because of the high value of bitcoin the more capital you have, the more capital you have the more bitcoin you hold the more profitable it is bitcoin will never be lost as its investment demand grows. Therefore it is better to keep bitcoin even if it is a small number.

The most important thing about bitcoin is that it can give us benefits, I have known bitcoin for almost 10 years, unfortunately it is always too late to invest, and when the price is high as it is now then I try not to repeat the mistake again, I will focus on buying and holding for the long term.

There is no doubt about it and many people have already benefited from holding Bitcoin,
for long term investment Bitcoin the right choice and very feasible,
whether this is the right time to buy Bitcoin or not I also don't know but for sure we must also be brave to take risks

Sir Legend

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Quote from: Victorycoin on August 18, 2021, 10:27:39 PM

No matter how much bitcoin is enough it is profitable no matter how long it lasts. The price of Bitcoin is rising at the moment and it is expected to rise further in the future everyone invests less because of the high value of bitcoin the more capital you have, the more capital you have the more bitcoin you hold the more profitable it is bitcoin will never be lost as its investment demand grows. Therefore it is better to keep bitcoin even if it is a small number.

The most important thing about bitcoin is that it can give us benefits, I have known bitcoin for almost 10 years, unfortunately it is always too late to invest, and when the price is high as it is now then I try not to repeat the mistake again, I will focus on buying and holding for the long term.

Biscutard

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Quote from: Fatunad on March 31, 2022, 06:47:48 PM

Quote from: Agbe on March 31, 2022, 04:53:45 PM

As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life? As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself. According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.

First, you should avoid on bumping old or inactive threads because this is necrobumping which is totally a violation on forum rules which you must avoid it on next time.

On topic reply about how many bitcoin is enough? Sky is the limit because people or human being is naturally greedy which means that people doesnt really get contented
on what they do earn or possess.As long they could able to get more then this is their primary motive or goal in mind as always.

I agree but we all know money is not the answer. It is the satisfaction of having a balance life and if you're mindset is always inside the box, you will only think about your financial status and settle for it. It is a very shallow thing to only think about getting more than one bitcoin. Even a one bitcoin can sustain your needs for the whole 3 months to 6months it is always enough if you know how to appreciate.

Fatunad

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Quote from: Agbe on March 31, 2022, 04:53:45 PM

As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life? As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself. According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.

First, you should avoid on bumping old or inactive threads because this is necrobumping which is totally a violation on forum rules which you must avoid it on next time.

On topic reply about how many bitcoin is enough? Sky is the limit because people or human being is naturally greedy which means that people doesnt really get contented
on what they do earn or possess.As long they could able to get more then this is their primary motive or goal in mind as always.

Agbe

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As for me, this is a rhetorical question which has no answer. Just like asking someone. How much do you need in your life? As far as I know this dispensation or generation with the entraupreneure mindset, no amount of money is enough.

And also human wants are unlimited, so, there is always opportunity cost and alternative for gone. Therefore, if someone has 40 Bitcoin at a time, the wants or needs of the person will also increase, with this, no amount of money is enough for human beings to spend. Just that, excess of everything is bad. When one has enough money, he or she might misconduct him/herself. According to a saying, " Money is the root of all evil".

There is different between wealth and rich. Wealth is when someone has enough money and he is not going to work for months or years, yet he has enough to spend. But rich person can't stay at home for about months or a year without going to work. Therefore, any number or amount of Bitcoin one needs to have, he should try his possible best to acquire them.

projapoti

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There is no end to human needs. When one deficiency is filled, another deficiency occurs. Someone who has 1 bitcoin expects 10 bitcoins. And someone who has no bitcoin expects at least 1 bitcoin. So the word "enough" is different for each person. But it is not right for us to be too greedy.

Baihaki Khaizan

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if I have more qualified financial capabilities then I will not set a number limit in making investment targets.

I prefer to analyze in advance, develop plans and goals to be achieved.

In doing business I have an opportunistic spirit but still within the management framework that I have arranged well.

dark1234

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Human nature is greedy and full of positive expectations in the future, so that there are no numbers that make it enough, including myself, I will always collect as much BTC as I can and as much as I can, because I believe and believe in BTC in the future.

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