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Topic: How many bitcoins do I need to retire in 20 years? - page 103. (Read 320337 times)

sr. member
Activity: 476
Merit: 250
as much as you can get. all know the price bitcoin in the future will surely grow big
set aside 10% of your income in bitcoin. to keep you in 20 years to come
newbie
Activity: 14
Merit: 0

The price of Bitcoin has changed a lot in the past few years. This makes it very difficult to estimate how many Bitcoins people will need for retirement, especially as this topic is talking about the next 20 years. Currencies are highly unpredictable, especially with digital cryptocurrencies. You might think you have saved up enough, and then when you reach there, the price drops. That won't be good. Saving up more than you need would be much better. Although this can be kept in mind, we cannot predict how much you would need for retirement. The price just changes too much.
hero member
Activity: 532
Merit: 500
You only need to save 0.1-1 BTC is enough, why?
because bitcoin prices will explode in the future

1 btc = $5000
 Grin
legendary
Activity: 1624
Merit: 2481
Noone knows.. but maybe 1btc will someday be enough to retire (Keep in mind.. thats 1/21.000.000 of ALL BTC theoratically available
hero member
Activity: 896
Merit: 1000
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I don't see a 10k happening anytime soon. At most maybe 3k. Which is just huge.
With that in mind, 333 bitcoin would give you around 1M from which you can live a wealthy pension
legendary
Activity: 840
Merit: 1000
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Everyone hopes that this will become try but there are many factors to have such an increase of bitcoin price, like implementing more countries.
sr. member
Activity: 364
Merit: 250
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast

Lol $10000 is like dreaming with eyes open yes 2000 - 5000 sounds possible and yes you just stole my words it could be possible if there is some world event about Bitcoin.

This price is more realistic than 10.000 dollars , what we can do know is just to see what will happen in 20 years maybe we are wrong or right. I hope we are right so that people who have bitcoin will be a good gift for us Cheesy.
hero member
Activity: 709
Merit: 503
Diversify.
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.

What makes you think $10000 (whatever that might mean to you, lets say quality M0 notes) will be worth anything in even 5 years?   
hero member
Activity: 714
Merit: 500
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast

Lol $10000 is like dreaming with eyes open yes 2000 - 5000 sounds possible and yes you just stole my words it could be possible if there is some world event about Bitcoin.
legendary
Activity: 2492
Merit: 1001
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I wanted to gather bitcoin 1500 to 20 years in the future, perhaps at the time bitcoin prices have been very high, perhaps the price of 1 BTC = 1000$  Cheesy
hero member
Activity: 770
Merit: 500
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
I agree with you Grin somewhere around 2000-5000 is more reasonable unless there are factors like some world events that pump bitcoin price up fast
hero member
Activity: 994
Merit: 500
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin

Yeah maybe not, I doubt that bitcoin will go to zero in 3 years bitcoin didn't go down to zero so yeah.
I also don't think it will go that high in 20 years maybe around 5.000 dollars would be possible.
hero member
Activity: 770
Merit: 500
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
Maybe bitcoin worth $10000 maybe it worth nothing Grin by then the mining reward or so close that it nearly reaches 0 the fee will be much higher so there are still chances that everyone abandons bitcoin
sr. member
Activity: 336
Merit: 250
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.

Well we can't be sure with 10.000 dollars in the future.
It can happen, but we don't know if it will be true. Bitcoin is not always stable so yeah.
But true bitcoin will rise in 20 years maybe more than 5K dollars 10K dollars we need just to see if it happens.
sr. member
Activity: 350
Merit: 250
Shit, did I leave the stove on?
Maybe in 20 years the price of a bitcoin will be $10000 so you need a couple of coins to have a comfortable living.
legendary
Activity: 1484
Merit: 1001
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.

I'd actually be interested to see a graph of where we would be in ten years going by current rates,  everyone usually throws these things about.  Anyone have one?

in 10 years we may have stable price around 1000$ +/- maybe 100$ range
it only speculation by me also price may be higher or lower and we can't predict economy in 10 and less in 20 we speculate on btc halving
hero member
Activity: 644
Merit: 500
You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.

I'd actually be interested to see a graph of where we would be in ten years going by current rates,  everyone usually throws these things about.  Anyone have one?
According to Satoshi's prediction Bitcoin price will reach upto 10000$ which can equal the 1 BTC. I think after 20 years Bitcoin may reach that. then savings upto him and his personal needs. But I feel this Unwanted question in this time and He can post after 20 years...LOL
legendary
Activity: 1008
Merit: 1000
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You would probably need around 10 Bitcoin at the rate that it is going. 10 Bitcoin will be worth a lot in 20 years.

I'd actually be interested to see a graph of where we would be in ten years going by current rates,  everyone usually throws these things about.  Anyone have one?
legendary
Activity: 3248
Merit: 1070
You need zero bitcoins to retire in 20 years.  You also need zero bitcoins to retire now.

Simply say to yourself, "I have nothing to do, nothing interests me" and lie down and do nothing.  Congratulations on your retirement. 


What the hell is this. This makes absolutely no sense. He wants to retire with some money, you know that right?

No I don't know that.  So you're saying the question is "how much money do I need to have some money?" ?

The question is broken any way you look at it.  Just retire if that's what you want to do.  If you have something else you want to do that requires some assets, then figure out how to get them and do it. 

the point is that bitcoin is already an investment and there are high chance that it will grow in the future

this question is done, because surely he can not retire with fiat, so he decided to invest in a probably high profitable new money system(bitcoin) that will give him the chance to retire

but he don't know how many he should have, because the future of bitcoin is uncertain
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