Topic: How many bitcoins do I need to retire in 20 years? - page 14. (Read 320309 times)

Quote from: Ziskinberg on August 21, 2016, 10:51:40 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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.

And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy.

Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price.
but I also would not hold too long, if I am satisfied with the price, I also better to sell.

Risktakers would surely hold those coins for sure for a long time because they have high hopes in bitcoin that it would increase its price into the moon and make them millionaires in the future, same as you said i would sell my coins in the price that i could see that im profitable enough.

secone

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Quote from: PacePay on August 21, 2016, 05:47:10 PM

Quote from: SquallLeonhart on August 21, 2016, 09:52:22 AM

Quote from: PacePay on August 21, 2016, 05:47:10 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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.

And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy.

Yes only those who believe with bitcoin is capable of holding up to 20 years in the future, although uncertain about the future of bitcoin. but if bitcoin journey towards the next 10 years at least is growing very rapidly, it is able to make a big change in the price.
but I also would not hold too long, if I am satisfied with the price, I also better to sell.

Ziskinberg

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Quote from: SquallLeonhart on August 21, 2016, 09:52:22 AM

Quote from: SquallLeonhart on August 21, 2016, 09:52:22 AM

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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.

And they deserve to be rewarded when they reach that number of years on holding their bitcoins, that is a tough challenge in their part as in 20 years many events will happen in the bitcoin economy.

PacePay

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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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

Only those people will hold their coins for 20 years who will have a full and stronger believe on bitcoin and will know that yes in the coming future bitcoin will take over the world financial system and it will be a global currency with a much higher value. and the whales also have stomach to afford to hold them as they can manipulate the price what they will want.

denarian

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Quote from: betohell on August 21, 2016, 03:38:10 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'll say you need to buy 21 bitcoin. according to total amount of bitcoin, onle a few people will earn 21 bitcoin, so it would be better if you are one of the community.

When you have those 21 bitcoins, I'm sure you will be very very rich in the future. because probably bitcoin will be worth more, so you will not need to work. just enjoy your life with your family

however, to earn that amount, you need skills and time. if you have very good skill, I think you only need short term.

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Quote from: kreskko on August 21, 2016, 03:13:48 PM

20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.

yeah 20 years is a very long time. everything is still very vague and unclear. so as a precaution when things happen that are not in want, the better you collect many bitcoin at once. maybe 1000 BTC

To date, this thousand bitcoin already vast fortune. And after 20 years of not even dare to predict how much will rise bitcoin.

betohell

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Quote from: kreskko on August 21, 2016, 03:13:48 PM

20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.

yeah 20 years is a very long time. everything is still very vague and unclear. so as a precaution when things happen that are not in want, the better you collect many bitcoin at once. maybe 1000 BTC

20kevin20

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Quote from: 2legit2 on August 21, 2016, 03:05:54 PM

Quote from: uname on August 21, 2016, 01:51:33 AM

Quote from: Zadicar on August 21, 2016, 01:21:40 AM

Quote from: @prashant on August 21, 2016, 12:40:56 AM

Quote from: John Constantine on August 21, 2016, 12:01:03 AM

Quote from: bitdumper on August 20, 2016, 02:03:20 PM

100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try

It may be more than enough, but it depends on how the currency will rise in value over the years.

Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit.

Things and foremost theres no a trustable mining service even they exist for how many months now but the assurance that it would last forever isnt there. 100 bitcoin is a good amount if you looking to retire after 20 years. You could build a physical business with that amount and you can secure your future i guess.

I think now, even many people who have 100 BTC and they still have to work hard to be able to live comfortably in real life. I think especially in the future will be more expensive cost of living you need more than 100 BTC

100 bitcoins not a lot at the moment though i think that in the future it will be worth holding it

I now think the future means war, lol. We're approaching it, at least this is how it looks like.. 100BTC is not enough to live off maybe even for ten years. You never know when you need to spend thousands of dollars for an emergency. You need much more than that.

kreskko

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20 years is a very long string that you can predict that something on the front. I would like of course passed on a legal holiday, to withdraw from the cases, and quietly earned for a couple of hundred bitcoin, which rise more than 1000 live and not to grieve.

2legit2

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Quote from: uname on August 21, 2016, 01:51:33 AM

Quote from: Zadicar on August 21, 2016, 01:21:40 AM

Quote from: @prashant on August 21, 2016, 12:40:56 AM

Quote from: John Constantine on August 21, 2016, 12:01:03 AM

Quote from: bitdumper on August 20, 2016, 02:03:20 PM

100bitcoins and a well settled busness will be more than enough to get retired after 20years but i think 100bitcoin is little bit harder to achive in this time but you can try

It may be more than enough, but it depends on how the currency will rise in value over the years.

Depend on his need to wag money.so you can not say 100 bitcoin will be enough .if you looking to retire after 20 year than why not to invest 1 btc in trustable mining service which give you good profit.

Things and foremost theres no a trustable mining service even they exist for how many months now but the assurance that it would last forever isnt there. 100 bitcoin is a good amount if you looking to retire after 20 years. You could build a physical business with that amount and you can secure your future i guess.

I think now, even many people who have 100 BTC and they still have to work hard to be able to live comfortably in real life. I think especially in the future will be more expensive cost of living you need more than 100 BTC

100 bitcoins not a lot at the moment though i think that in the future it will be worth holding it

SquallLeonhart

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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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

I think bitcoin is not going anywhere at least for next 10 years but not sure what will happen in future, so I will never hold my coins for next 20 years but will sell when I am satisfied with the price.

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Quote from: mirakal on August 21, 2016, 08:11:50 AM

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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

it is always have to side possibility , became worthy or became worth nothing ,
noone can guarantee bitcoin will keep growing and survive for years even satoshi the inventor ,
so don't go allin in this awesom bitcoin world , but keep your faith in bitcoin ,
i myself planning to hold 10 bitcoin atleast as future investment.

eddyubachs

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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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

That is part of the possibilities but we should only think of the positive things that bitcoin will bring in the future, we can achieve that if we will continue to support bitcoin together with our discipline to save for the future, who knows we will become millionaires in the future.

Yeah we can become millionaires with bitcoin if we have saved enough bitcoins in our wallet, as no one knows what value it will hold in future so its better to collect as much as we can.

mirakal

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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?

We don't know what will happen 20 years from now, maybe bitcoin will not survive to that date or maybe bitcoin will survive but the price is unpredictable because its characteristic of not being stable and that's the one reason why bitcoin is unique. So while you're still alive just don't be outdated of the news related to bitcoin. So you can control your coins anytime.

That is part of the possibilities but we should only think of the positive things that bitcoin will bring in the future, we can achieve that if we will continue to support bitcoin together with our discipline to save for the future, who knows we will become millionaires in the future.

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