How many bitcoins do I need to retire in 20 years? - page 106.

Amph

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Quote from: knowhow on December 08, 2015, 06:58:50 PM

I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

well 1k bitcoin can easily, turn you millionaire, right now you would already have a nice 420k, with 1k per price you are owning 1 million already

and there are many that own that amount among the rich list

turkandjaydee

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I have 2 BTC stored in a paper wallet and im saving it in my "safe".
Just store as many as you can lose.

knowhow

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I dont believe that bitcoin can make anyone milionaire todays,or tomorrow even having something like 100 or 1000bitcoins but well sure can be a great investment and return.

MaritiJames3

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Try to safe a lot of those coins. A rise is likely to happen, but will be 1k (which is still a lot) or 20k?). My best guess would be somewhere in between. So saving around 100 bitcoins would make you a potential millionare.

virtualx

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LOTEO

This is hard to predict as we don't know the bitcoin price in 20 years. It may well be that 1 bitcoin is enough, depending on the price rise. Perhaps wel'l have a day where you can buy a nice meal for 100 satoshis

dinda22

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Quote from: InsideBjorn on December 08, 2015, 08:04:27 AM

Quote from: dinda22 on December 08, 2015, 02:26:47 AM

all depends on the price of bitcoin how much you need to 20 years later. if the price of $1000 bitcoin might 100btc also feasible. but if under $1000, at least you need 500-1000btc

Well I hope more than 2500 dollars. I can't just afford to have so much bitcoin 500BTC is for my to risky to have it.
I will just buy little amount and for now I want 50BTC as max.

ya if the bitcoin price reaches 2500 dollars, 50 BTC pretty decent. I only need a smaller like 10 BTC but the price bitcoin can reach $5000 Grin

ThunderThomas

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fastdice.com The Worlds Fastest Bitcoin Dice

Well if you want to retire collect so much bitcoins as you can and work hard.
Like the old people did it.

tn211

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Quote from: zodiac3011 on December 08, 2015, 09:23:24 AM

Quote from: jt byte on December 08, 2015, 09:00:53 AM

Quote from: zodiac3011 on December 08, 2015, 08:07:50 AM

Quote from: Most on December 08, 2015, 08:02:07 AM

argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.

we just want to discuss things around so what's your opinion instead of talking trash around

Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years.
Is like speculation about it that what the price well be in 20 years.
Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc...

the point is 100BTC is possible if the bitcoin price is 2000-3000 and you live somewhere the cost of living is cheap Grin

I wish I live some where that you just need 100 dollar to survive,.
Like some asian countrys that just live with only 100 dollars.

zodiac3011

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Quote from: jt byte on December 08, 2015, 09:00:53 AM

Quote from: zodiac3011 on December 08, 2015, 08:07:50 AM

Quote from: Most on December 08, 2015, 08:02:07 AM

argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.

we just want to discuss things around so what's your opinion instead of talking trash around

Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years.
Is like speculation about it that what the price well be in 20 years.
Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc...

the point is 100BTC is possible if the bitcoin price is 2000-3000 and you live somewhere the cost of living is cheap Grin

jt byte

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Quote from: zodiac3011 on December 08, 2015, 08:07:50 AM

Quote from: Most on December 08, 2015, 08:02:07 AM

argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.

we just want to discuss things around so what's your opinion instead of talking trash around

Hahaha yeah and by the way they are many people that have their own ideas what well happen in 20 years.
Is like speculation about it that what the price well be in 20 years.
Everyone thinks that is 100BTC is enough maybe so, but what about your lisestyle your family etc...

zodiac3011

hero member

Activity: 770

Merit: 500

Quote from: Most on December 08, 2015, 08:02:07 AM

argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.

we just want to discuss things around so what's your opinion instead of talking trash around

InsideBjorn

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Quote from: dinda22 on December 08, 2015, 02:26:47 AM

all depends on the price of bitcoin how much you need to 20 years later. if the price of $1000 bitcoin might 100btc also feasible. but if under $1000, at least you need 500-1000btc

Well I hope more than 2500 dollars. I can't just afford to have so much bitcoin 500BTC is for my to risky to have it.
I will just buy little amount and for now I want 50BTC as max.

Most

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argh... I don't even know why i come back to read this thread. Why do so many people have no brains at all? Can you people try to learn to think critically... I promise it won't hurt.

italianobitcoin

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Forza Italia

I think around 100 bitcoins. It also depends on what kind of lifestyle you'll be living. Depending on that and what the value of bitcoin is right now, you can calculate an estimate of how much you'll need.

tn211

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Quote from: azguard on December 07, 2015, 02:30:46 PM

Quote from: tn211 on December 07, 2015, 09:38:52 AM

Quote from: zodiac3011 on December 07, 2015, 09:04:01 AM

Quote from: azguard on December 07, 2015, 06:24:48 AM

Quote from: Denker on December 06, 2015, 06:13:43 AM

Quote from: michietn94 on December 05, 2015, 08:17:09 PM

I think you need more than 1000 btc,

yeah maybe it sound like a lot but in 20 years i think btc price will around 1000$

And if you do calculate the inflation rate, i think that number should be enough for normal living

We might see $1000 in the next 12-24 months.
If Bitcoin will be $1000 in 20 years I can tell you that this experiment has failed!
In 2 decades I expect at least 5 figures!
Furthermore how much coins you will need to retire also depends from where do you live, what kind of lifestyle your prefer and a few things more. Therefore it will be very distinct how much coins someone will need to have a good and enjoyable life.

with 5 figures in price in 20 years i would be great to have at least 10, but with 100 would be great retirement

but 5 figures is a hard achievement for bitcoin in my opinion, somewhat impossible

That might be true that is a hard achievement, but it is not impossible.
I am just happy that bitcoin can be 5.000 dollars with in 20 years. That would be a high achievement for bitcoin.
If bitcoin the highest is 5.000 dollars and the end and it is stable than I would be happy with that.

we are only speculating for price any would be fine but realistically for 20 year who knows what would be price

Yes we are just speculating, but yeah you never know what bitcoin price will be in 20 years.
It is true that people well just be happy if is more than 1000 dollars.

dinda22

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all depends on the price of bitcoin how much you need to 20 years later. if the price of $1000 bitcoin might 100btc also feasible. but if under $1000, at least you need 500-1000btc

n691309

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Quote from: helloeverybody on December 07, 2015, 03:46:18 AM

Not to sounds like a killjoy but I can't see Bitcoin making the 2 0 year mark. I'm not saying cryptocurrency won't, just that btc will most likely be replaced by something better. In which case even satoshi wouldn't be able to cash out in 20 years.

There are already some good alt coins but they are not such popular like bitcoin, so sometimes it's all about popularity so i think bitcoin will be famous after 20 years, and around 500btc should be enough maybe.

azguard

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Quote from: tn211 on December 07, 2015, 09:38:52 AM

Quote from: zodiac3011 on December 07, 2015, 09:04:01 AM

Quote from: azguard on December 07, 2015, 06:24:48 AM

Quote from: Denker on December 06, 2015, 06:13:43 AM

Quote from: michietn94 on December 05, 2015, 08:17:09 PM

I think you need more than 1000 btc,

yeah maybe it sound like a lot but in 20 years i think btc price will around 1000$

And if you do calculate the inflation rate, i think that number should be enough for normal living

We might see $1000 in the next 12-24 months.
If Bitcoin will be $1000 in 20 years I can tell you that this experiment has failed!
In 2 decades I expect at least 5 figures!
Furthermore how much coins you will need to retire also depends from where do you live, what kind of lifestyle your prefer and a few things more. Therefore it will be very distinct how much coins someone will need to have a good and enjoyable life.

with 5 figures in price in 20 years i would be great to have at least 10, but with 100 would be great retirement

but 5 figures is a hard achievement for bitcoin in my opinion, somewhat impossible

That might be true that is a hard achievement, but it is not impossible.
I am just happy that bitcoin can be 5.000 dollars with in 20 years. That would be a high achievement for bitcoin.
If bitcoin the highest is 5.000 dollars and the end and it is stable than I would be happy with that.

we are only speculating for price any would be fine but realistically for 20 year who knows what would be price

Nameless Coin

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Quote from: Sturgeon on December 07, 2015, 10:50:41 AM

Quote from: Oscoda on December 07, 2015, 10:31:08 AM

Quote from: zivone on December 07, 2015, 09:46:18 AM

That depends on your situation 20 years later. Basing on the price now, 100 BTC is fair enough if you have 3 to 4 months more left to live after 20 years. Grin

Well with 100BTC = 39.800 dollars. I think you can live for a year in Europa or America.
For asian people that is just enough money for 2 years or more I think.

Im asian people i need $200-$300 so for me $3.980 is enough for 1year and 100btc is enough for 10years Cheesy

but for other reason sometimes i need $1000-$2000 permonth

Damn I wish I can live in asia if I have so much money. 1000 -2000 dollars per month is so much wow!
You just spend a lot of money.

Sturgeon

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Quote from: Oscoda on December 07, 2015, 10:31:08 AM

Quote from: zivone on December 07, 2015, 09:46:18 AM

That depends on your situation 20 years later. Basing on the price now, 100 BTC is fair enough if you have 3 to 4 months more left to live after 20 years. Grin

Well with 100BTC = 39.800 dollars. I think you can live for a year in Europa or America.
For asian people that is just enough money for 2 years or more I think.

Im asian people i need $200-$300 so for me $3.980 is enough for 1year and 100btc is enough for 10years Cheesy

but for other reason sometimes i need $1000-$2000 permonth

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