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Topic: How many bitcoins do I need to retire in 20 years? - page 161. (Read 320352 times)

full member
Activity: 224
Merit: 100
buy 100!
sr. member
Activity: 378
Merit: 250
4500
legendary
Activity: 1582
Merit: 1064

100 btc is my goal and I think it's doable. I don't think bitcoin would ever reach 10k a piece unless we got some serious mainstream adoption eventually, but 1000 each is very realistic and would be a decent profit.

20 years us sufficient to get some serious mainstream adoption. So 10k in 20 years time does not look too aggressive.
legendary
Activity: 1512
Merit: 1012
same as gold in the highest value = 18K/1BTC ... not to bad for olds days.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
20 years?
You may have to sell before 20 years...
full member
Activity: 214
Merit: 100
BTC will be dead in 5y, lol.

based on what? the only thing to worry about maybe, is that we are still in beta after 5 years

at least 100, with a value of 10k each

It depends on where you live, but with $1,000,000 you can have a decent life.

If you can live with $3000 per month, then you'll have nothing to worry about.

i'm aiming at that amount, it's a good amount to retire, i don't plan to buy yatch big house and stuff like that i don't need them

1000 btc at 1000 each would be better, as i'm skeptical about reaching 10k value, but it would be more difficult to achieve

100 btc is my goal and I think it's doable. I don't think bitcoin would ever reach 10k a piece unless we got some serious mainstream adoption eventually, but 1000 each is very realistic and would be a decent profit.
member
Activity: 84
Merit: 10
1000 Smiley

If you have the money to buy 1000 bitcoin you could retire pretty soon already so...

If it's more than 21 not much people will retire because not much people can afford 100+ btc investments..
sr. member
Activity: 378
Merit: 250
1000 Smiley
sr. member
Activity: 406
Merit: 250
BTC will be dead in 5y, lol.
Do not think so.
legendary
Activity: 3248
Merit: 1070
BTC will be dead in 5y, lol.

based on what? the only thing to worry about maybe, is that we are still in beta after 5 years

at least 100, with a value of 10k each

It depends on where you live, but with $1,000,000 you can have a decent life.

If you can live with $3000 per month, then you'll have nothing to worry about.

i'm aiming at that amount, it's a good amount to retire, i don't plan to buy yatch big house and stuff like that i don't need them

1000 btc at 1000 each would be better, as i'm skeptical about reaching 10k value, but it would be more difficult to achieve
legendary
Activity: 840
Merit: 1000
BTC will be dead in 5y, lol.
legendary
Activity: 2170
Merit: 1427
at least 100, with a value of 10k each

It depends on where you live, but with $1,000,000 you can have a decent life.

If you can live with $3000 per month, then you'll have nothing to worry about.
legendary
Activity: 3248
Merit: 1070
at least 100, with a value of 10k each
sr. member
Activity: 381
Merit: 250
If you buy it and keep it, I believe 1 BTC will be $10,000 in the future. $1,000,000 doesn't seem so plausible for me. Let's say $1,000,000 is enough for retirement, you have to keep 100 BTC in your wallet.
legendary
Activity: 1246
Merit: 1000
The consensus seems to be that 1 bitcoin will be sufficient to retire in 20 years.
Not bad, I will be getting there soon.  Grin
hero member
Activity: 674
Merit: 500
sr. member
Activity: 406
Merit: 250
I am shooting for 50. I would rather be filthy rich than just rich. I figure I can make fun of the smaller mansions down the hill from my balcony hot tub.  Grin
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
If we do extrapolation using data from 2009 till now, you only need less than 1 bitcoin to become extremely wealthy in 20 years.

So buy 10.

That sounds about right a penny saved is a penny earned so
A bitcoin saved could be a fortune later
That or try an altcoin lol
Then again a penny saved is $0.0094 earned after adjusting for inflation.

LOL...this got a chuckle out of me because it is so true...
hero member
Activity: 490
Merit: 500
Of course it depends on at what age you'd be retiring.
Say you'd be 50 and hoping to live another 30 years. 100.000 would make for a very comfortable living (with no boats tho), so 100.000x30=3.000.000$

In many places of this forum bitcoin's target value was set at 300.000$, so you should be fine with 10btc.

However, I'd try to buy more and spend them along the way, it's better to enjoy the ride and you never know the future, maybe btc will do fine for a long time, maybe it won't...

100000 is probably enough if you have no house yet, but if you still need to buy a house.
You probably need to make alot more then 100k, or do you mean 100k per year to spend?
I would that's a little much but really nice to live with, but you should also think about your family.
Do you want them to work a shitty job, or maybe you can get them some riches to.


I was thinking 100000 for spending, I think you could rent a house with it and support a family.
But of course the house part depends a lot on the area you're living.
full member
Activity: 196
Merit: 101
I think 10 btc will be enough to retire without having any worries about the future, in 15-20 years the btc value will be more than we are thinking.
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