How many bitcoins do I need to retire in 20 years? - page 19.

stromma44

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Quote from: azguard on August 11, 2016, 02:50:02 AM

believe that best way is to make some sum in dollars then you can calculate how many btc you need
or just aim for some number and then you will be happy in 20 years we dont know what the price will be

Exactly we cannot judge what will be the price after 20 years, so we should make efforts in collecting as much coins possible at a moment, so even if price is not too high, more number of coins will take care of us.

azguard

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believe that best way is to make some sum in dollars then you can calculate how many btc you need
or just aim for some number and then you will be happy in 20 years we dont know what the price will be

Ziskinberg

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Quote from: kreskko on August 10, 2016, 02:04:27 PM

Quote from: shane on August 10, 2016, 01:24:09 PM

Quote from: coszy on August 10, 2016, 01:11:51 PM

Quote from: AlphaSun on August 10, 2016, 01:04:27 PM

Quote from: mirakal on August 10, 2016, 05:39:21 AM

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.

To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash.

I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k

Maybe you're right. Although this year I do not think that bitcoin will break the barrier of $ 1,000. Judging by the price spikes, the most is $ 800

Maybe it will happen but we still need to more optimistic with the price. $1,000 is possible if there is an abrupt increase of the adopters and it will be back by the whales to play with the price, we have seen that in the previous month where the increase is really good so it could happen also.

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Quote from: shane on August 10, 2016, 01:24:09 PM

Quote from: coszy on August 10, 2016, 01:11:51 PM

Quote from: AlphaSun on August 10, 2016, 01:04:27 PM

Quote from: mirakal on August 10, 2016, 05:39:21 AM

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.

To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash.

I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k

Maybe you're right. Although this year I do not think that bitcoin will break the barrier of $ 1,000. Judging by the price spikes, the most is $ 800

shane

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Quote from: coszy on August 10, 2016, 01:11:51 PM

Quote from: AlphaSun on August 10, 2016, 01:04:27 PM

Quote from: mirakal on August 10, 2016, 05:39:21 AM

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.

To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash.

I think it is difficult repeated, as when 2013 prices were able to increase 10 times. yes if today means it will be 6000, and I am not sure of this will happen in the future. My prediction even the highest possible price bitcoin 2-3k

coszy

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Quote from: AlphaSun on August 10, 2016, 01:04:27 PM

Quote from: mirakal on August 10, 2016, 05:39:21 AM

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.

To date, this investment will bring you good returns. But how can people benefit from your advice? If you buy now for 600, then when it is 6000? Or is it just a dream leash.

AlphaSun

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Quote from: mirakal on August 10, 2016, 05:39:21 AM

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

I found the bitcoin investment is very good for me. I bought some in 2013 when the price was $60. It has risen 10 times.

mirakal

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Quote from: Xester on August 10, 2016, 05:06:19 AM

Quote from: groll on August 08, 2016, 02:47:56 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin.

Certainly! It would not be based on how many bitcoins should you have but it would depend on how much would be the value of bitcoins for the next 20 years. It may or may not goes up. Better not to focus only on bitcoins as your investment but try some other things like having a job. Buying stocks or having a mutual fund is also nice thing to do to secure your retirement.

Getting a job is what we need more as that would provide us a stable income, investing is just part of our future venture where we hope to have a good future with the amount we invested, bitcoin is the best investment so far as it is so promising now.

Xester

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Quote from: groll on August 08, 2016, 02:47:56 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin.

Certainly! It would not be based on how many bitcoins should you have but it would depend on how much would be the value of bitcoins for the next 20 years. It may or may not goes up. Better not to focus only on bitcoins as your investment but try some other things like having a job. Buying stocks or having a mutual fund is also nice thing to do to secure your retirement.

groll

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Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

I second the motion, it is not how many or the quantity of bitcoin that you have but the value of it. Maybe 20 years from now, one bitcoin would be enough for your retirement. Or worst we didn't know and hope it will not happen, that bitcoin price will drop and it is not around anymore, anything could happen. Maybe you could buy more bitcoins and try to have some investment like buying golds. Save some money on the bank. Just do not rely that much on bitcoin.

azguard

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Quote from: tygeade on August 07, 2016, 08:34:04 AM

Quote from: ASHLIUSZ on August 06, 2016, 01:59:06 PM

Quote from: AlphaSun on August 06, 2016, 11:03:45 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies.

Bitcoin economy is underdeveloped at a moment but it will not be the same after 20 years till that time bitcoin would have become more popular and would be used everywhere.

in that case we will need less coin to have for our retirement isnt that true
maybe it will be so popular that it will take for all of us to have some small amount and to have decent retirement

tygeade

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Quote from: ASHLIUSZ on August 06, 2016, 01:59:06 PM

Quote from: AlphaSun on August 06, 2016, 11:03:45 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies.

Bitcoin economy is underdeveloped at a moment but it will not be the same after 20 years till that time bitcoin would have become more popular and would be used everywhere.

angryswamp

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you would need something like 300 bitcoins in order to retire in 20 years

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Quote from: ASHLIUSZ on August 06, 2016, 01:59:06 PM

Quote from: AlphaSun on August 06, 2016, 11:03:45 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies.

It will take several decades for the bitcoin to be a world reserve currency. By that time, the price will be $1 m each.

ASHLIUSZ

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Quote from: AlphaSun on August 06, 2016, 11:03:45 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

I think this is something unrealistic, Of course, this will not happen anytime soon, as the bitcoin economy is still underdeveloped and relatively small and is tiny when compared with world currencies.

SmirnoffVany

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Quote from: AlphaSun on August 06, 2016, 11:03:45 AM

Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

If we do so we will apply to the world as a treat now and just thinking about earning money, then there will be only damp earth and then no bitcoin does not need to be in 20 years.

AlphaSun

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Quote from: Superbitzz on August 05, 2016, 09:17:26 AM

Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

In 20 years, the bitcoin price will be at least 1000 times of the current value, so you need few than 10 bitcoins.

Superbitzz

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Quote from: sourris01 on August 05, 2016, 12:21:01 AM

Quote from: Mr. Big on August 03, 2016, 11:12:53 PM

Quote from: hero1111 on August 03, 2016, 05:04:30 PM

For me 100 btc is enough for to retire 20 years later i said 100 btc bitcoin price for this term if we can future 20 years later really 100 btc mean can be so big money but for now 100 btc is enough for me for retire i dont want more.

After 20 years, the cost of living is not the same as today, if you could buy a burger now for $1, for sure after 20 years it will be a bit higher... Now, if you have 100 bitcoin that time, and in one month you consume 1 bitcoin, that means you only have 100 months to live.. That's roughly 8 years... I'm sure that won't be enough.. health maintenance is higher as you age...

Nobody has understood the value of the currency and to predict what will happen in 20 years very hard. But it is important to understand that, for example, any product has a price corresponding to the cost price and any currency equivalent of the gold in the treasury of the state, as well as the bitcoin?

yes that is right that it does not mean that how many bitcoin do you have but the important thing is that what will be value of bitcoin after 20 years, because if the price of bitcoin is how high and you have a few bitcoin still it is good for you , but if the price of bitcoin is a low one then it will depend on the number of bitcoin you have,

mirakal

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Quote from: stromma44 on August 05, 2016, 04:15:07 AM

Quote from: rababo on August 05, 2016, 04:13:28 AM

Quote from: dihari on August 03, 2016, 03:05:10 AM

you don't need to buy bitcoin if you plan to save money for 20 years. you have to save gold if you plan for it.
because gold have low risk. and the stability price is better than bitcoin.

It's good if we have both, bitcoin and gold.
Bitcoin price might rise up more than gold, but it also could go downfall, because bitcoin is unpredictable.
But, if we don't wanna take big risk, then gold is a good choice for long term investment, because it's stability price.

If you are a safe player and if you have patience to wait for returns for a long time then gold is the best option for you as gold is stable and give best profits in long run.

You are right but not all people here are capable to invest with gold, since gold is more stable in only offers a little amount of profit so you need to put up a decent amount of money in that case for your to make a good amount of profit, with bitcoins this is very simple as you can earn in a short time being lucky with short term investment.

stromma44

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Quote from: rababo on August 05, 2016, 04:13:28 AM

Quote from: dihari on August 03, 2016, 03:05:10 AM

you don't need to buy bitcoin if you plan to save money for 20 years. you have to save gold if you plan for it.
because gold have low risk. and the stability price is better than bitcoin.

It's good if we have both, bitcoin and gold.
Bitcoin price might rise up more than gold, but it also could go downfall, because bitcoin is unpredictable.
But, if we don't wanna take big risk, then gold is a good choice for long term investment, because it's stability price.

If you are a safe player and if you have patience to wait for returns for a long time then gold is the best option for you as gold is stable and give best profits in long run.

Topic: How many bitcoins do I need to retire in 20 years? - page 19. (Read 320313 times)