How many bitcoins do I need to retire in 20 years? - page 130.

GreenStox

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Quote from: Wexlike on July 24, 2015, 03:17:42 PM

Yes, I agree. You should also have a fair distribution in mind. In the long run the rich people shouldn't have more than 50 bitcoin per person. Institutions maybe up to 1000.

But that is the point when human greed comes into play, and you can't blame anyone who tries to pile up as much as he can while a full bitcoin is still affordable - even for the poor.

Fuck your wealth redistribution, every single market looks like 60% held by top 5%, and rest 40% held by 95%.

Its always like that, because the early folks are risk takers, and their risk taking is rewarded by alot of share %.

Your fucking communist idea to redistribute the stuff will descourage people taking risks, and everyone will become a crybaby 40 year olds in diapers.

Wexlike

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Yes, I agree. You should also have a fair distribution in mind. In the long run the rich people shouldn't have more than 50 bitcoin per person. Institutions maybe up to 1000.

But that is the point when human greed comes into play, and you can't blame anyone who tries to pile up as much as he can while a full bitcoin is still affordable - even for the poor.

Amph

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Quote from: manselr on July 24, 2015, 11:22:33 AM

Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

You can't predict the future but you can have realistic expectations of it, and Bitcoin should be able to deliver big gains considering how things are moving. Andreas Antonopoulous is convinced that Western Union will get literally killed by Bitcoin, this alone should make you think.

Of course 500 BTC would be ideal, but who has the money to invest in 500 BTC? Certainly not me.

this is why 500 is not ideal, it an amount too big for anyone that believe in bitcoin let alone for those that have a low trust on the future of bitcoin, from 10 to 100 might be a better target

jt byte

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Quote from: azguard on July 24, 2015, 04:50:06 AM

Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

i will be happy with 100 in 20 years also the more the better but i will invest some in other coin this may be good but it may be bad also.

Who wouldn't be happy to have 100 Bitcoin at the moment and holding them for 20 years/
There are two option: Or you will lose them all or you will become rich.
That;s the choices lol. For me it would be perfect

manselr

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Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

You can't predict the future but you can have realistic expectations of it, and Bitcoin should be able to deliver big gains considering how things are moving. Andreas Antonopoulous is convinced that Western Union will get literally killed by Bitcoin, this alone should make you think.

Of course 500 BTC would be ideal, but who has the money to invest in 500 BTC? Certainly not me.

BTCevo

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Quote from: Xenoph0bia on July 23, 2015, 04:05:42 PM

Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

Your are right but as we have studied in economic that human wants are unlimited, and that goes same even with the bitcoins, more you have more you want, and its an endless journey where you can never be satisfied irrespective of the amount of bitcoins you hold.

That is so true, even with 500 bitcoin I dont think people will satified, at least that number can let us life until we can see our grandchildren Grin

Quote from: azguard on July 24, 2015, 04:50:06 AM

i will be happy with 100 in 20 years also the more the better but i will invest some in other coin this may be good but it may be bad also.

Yes altcoin will sure end you up loss most of your coin or it will double triple your money, it is too much risk, if you have more than 100 bitcoin may be you can try it but if lower than that I dont think you try to use altcoin to get into your goal. For me I just want to get 100 bitcoin as fast as I can for now after that I will aim 500 for sure, just havent got a good and faster method to earn it

g1974ak

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Quote from: Alley on April 28, 2014, 12:04:32 PM

Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?

Impossible to calculate I think. The price of bitcoin can be high or very high. But can stay the same or in those values on which is actually. Only this factor don't allow to calculate the amount you need for retirement. Maybe wanted 100 bitcoin with 10 000 us dollar one bitcoin as a price after 20 years or needed 4000 bitcoins with the today price for having the same situation. As you can see it's hard to predict.

azguard

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Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

i will be happy with 100 in 20 years also the more the better but i will invest some in other coin this may be good but it may be bad also.

knowhow

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well 500 is a good ammount and will allow anyone to live well and with all it needs and maybe get a car , can travel ,soo even bitcoin worthing 500 or 2000 with 500 bitcoins we would be on the way to get a good life lol.

prodigy8

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Quote from: azguard on July 13, 2015, 06:46:51 AM

Quote from: bit1 on July 09, 2015, 12:38:48 PM

Maybe invest on LTC could be good idea too.....

i will invest in ltc maybe in some other coin too but like always 50% keep in btc 25% invest in something and 25% i withdraw

It is a good strategy mauybe i will apply it too

Xenoph0bia

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Quote from: BTCevo on July 23, 2015, 12:11:13 PM

Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

Your are right but as we have studied in economic that human wants are unlimited, and that goes same even with the bitcoins, more you have more you want, and its an endless journey where you can never be satisfied irrespective of the amount of bitcoins you hold.

Digitalmocking

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Quote from: BitTlatoani on July 23, 2015, 01:54:28 PM

Let us speculate in a positive way.

If Bitcoin were to replace all international trade and we divide it by available coins (say 20 million) then Bitcoin would be worth between 2 and 5 million dollars.
Now, let us be a bit more realistic, say Bitcoin catches 10% of international trade. That leaves 200k to 500k Bitcoin. Let's pick 200K Bitcoin and halve that for
whatever factors I'm not taking into consideration. That leaves $100,000 dollar Bitcoin.

Now, you may decide how many Bitcoins you will require for retirement.

Meanwhile, lets consider that unicorns and fairies are real!

Numbers like you're talking about would require entire countries to use BTC as their currency.

BitTlatoani

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Let us speculate in a positive way.

If Bitcoin were to replace all international trade and we divide it by available coins (say 20 million) then Bitcoin would be worth between 2 and 5 million dollars.
Now, let us be a bit more realistic, say Bitcoin catches 10% of international trade. That leaves 200k to 500k Bitcoin. Let's pick 200K Bitcoin and halve that for
whatever factors I'm not taking into consideration. That leaves $100,000 dollar Bitcoin.

Now, you may decide how many Bitcoins you will require for retirement.

BTCevo

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Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

I dont think so. 500 bitcoin is a good amount, because you can't predict the future. And for people who are bored to stay longer enough to face its peak I think 500 is good.

100bitcoin no matter how much price do you want and you are done from bitcoin? Dont make a wrong move dude, reconsidering it again when you hit 100 bitcoins Grin

madonnino

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Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Who could know? maybe just a bitcoin, maybe 1000, the future is imprevedibile. you have to be confident

Amph

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Quote from: wearepoor on July 22, 2015, 08:31:10 PM

Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

definitely 500 are too many , it's all about if you are willing to wait enough for bitcoin to rise, it's not actually a long wait, within 2020-2024 we should have a clear idea where bitcoin is aiming

even 10 would be enough if we can touch 100k for a moment and then fall back again, so it's not even a matter what will be the price in the future, but what ATH(or unstable high price) bitcoin can reach....

wearepoor

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Quote from: knowhow on July 22, 2015, 05:15:33 PM

the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

Don't you think 500 bitcoins is too much. I mean don't look at the current value, imagine about the future value like may be 4k or $5k then 100 bitcoins would be enough at the retirement age. My goal is to have atleast 100 bitcoins and I m done.

knowhow

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the supply and demand isnt affecting at the moment the price ,all days bitcoins changes hands ,the new users that get inside are very small yet but keep growing the number of new bitcoiners soo it can boom anytime soo around 500 bitcoins would make a good retirement on the next years

pureelite

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Quote from: Alley on April 28, 2014, 12:04:32 PM

Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?

I think about how you should be thinking now , we need to earn a few hundred bitcoin , if you plan to live normally for life , but if you plan to live lavishly then you should have several thousand Bitcoin !

stromma44

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Quote from: Yeezus on July 21, 2015, 01:14:50 PM

Quote from: errornone on July 20, 2015, 08:21:25 PM

if people aren't spending bitcoins - that's what i see/read around here; everybody is waiting for the price to sky rocket - this means we are creating our own bubble and we will 'die' in it! We only buy bitcoins, so the price at this moment is above, super above of what a bitcoin really value.

Not everyone is waiting for this, but even if they were the more coins that are taken out of circulation by hoarding is good because it helps the supply and demand. If more people get involved and even do the same it would have a positive effect on the price.

Exactly, there are people who believes that stability can make a difference. And even if the prices raise slowly won't make any difference to them as they are ready to wait rather then getting millionaire in a same day.

The only thing we need is the stability in the prices of bitcoins and that is only possible when more and more people starts adopting bitcoins then the prices will go high and remain stable at that point.

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