How many bitcoins do I need to retire in 20 years? - page 28.

mirakal

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Quote from: ecommerce on July 07, 2016, 01:56:37 PM

Quote from: AlphaSun on July 07, 2016, 01:34:28 PM

Quote from: elyas772 on July 07, 2016, 10:17:25 AM

Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin Cheesy

for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.

Then in this case they do not need 1000 bitcoins.

That is unrealistic, we will never gonna witness that price ever, we have to live in what is the current market of bitcoin and we should speculate base on facts.

ecommerce

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Quote from: AlphaSun on July 07, 2016, 01:34:28 PM

Quote from: elyas772 on July 07, 2016, 10:17:25 AM

Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin Cheesy

for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.

Then in this case they do not need 1000 bitcoins.

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Quote from: elyas772 on July 07, 2016, 10:17:25 AM

Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin Cheesy

for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

In 20 years, the bitcoin price will be at least 1000 times higher than now. You just need 10 bitcoins to live happily.

elyas772

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Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

maybe you need more than 1000bitcoin Cheesy

for me 200bitcoin is enough for make my retirement day full of fun, i will use 10btc peryear.. hope i can reach it before retirement day..

expert4knowledge

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Quote from: bitcoinisfurture on July 05, 2016, 12:35:28 PM

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?

Maybe the original poster means that with selling how many bitcoins now we can retire after 20 years?

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Quote from: mirakal on July 06, 2016, 08:54:13 PM

Quote from: jossiel on July 06, 2016, 08:03:29 PM

Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC

Good move, I hope our speculation will come true and buy the time we will retire from work we can also get something as our retirement in bitcoins aside from our retirement in the company we worked.

Thats good if you save 100 - 1000 Bitcoin in your retirement, it can make your retirement happy with that amount.
You will enjoy that amount by spending in out of town and exploring the beautiful places in your country.

mirakal

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Quote from: jossiel on July 06, 2016, 08:03:29 PM

Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC

Good move, I hope our speculation will come true and buy the time we will retire from work we can also get something as our retirement in bitcoins aside from our retirement in the company we worked.

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Quote from: stromma44 on July 06, 2016, 09:59:27 AM

I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

As for me, even I don't live a luxury life as long as I'm able to save a lot of bitcoins by that time. Because when we get old of course we just want to live freely and don't want to go to work at all.
And we are just like pensioned if I'm going to hold at least maybe 100-1,000 BTC

stromma44

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I love luxury life, and for that I think I should at least hold 100 btc at the end of 20 years, because I don't want to compromise with my retirement life.

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Quote from: CrimBit on July 06, 2016, 03:44:03 AM

Quote from: torrentheaven on July 06, 2016, 02:23:20 AM

Quote from: Viyamore on July 05, 2016, 12:39:24 PM

Quote from: sallymeeh27 on July 05, 2016, 12:22:20 PM

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.

Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.

it's very easy to earn 1btc/month from trading altcoin.
but you must focus at trading, don't make trading your sidejob.
my friend can earn $100/day from trading bitcoin, im sure if you focus and go full time on bitcoin, you can earn more than 1btc/month

Do you mean making $100/day consistently? Because I have never heard someone can make consistent profit in trading doing day trading, you must be a God if you can predict the correct direction of the price in a daily basis.

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Quote from: torrentheaven on July 06, 2016, 02:23:20 AM

Quote from: Viyamore on July 05, 2016, 12:39:24 PM

Quote from: sallymeeh27 on July 05, 2016, 12:22:20 PM

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.

Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.

it's very easy to earn 1btc/month from trading altcoin.
but you must focus at trading, don't make trading your sidejob.
my friend can earn $100/day from trading bitcoin, im sure if you focus and go full time on bitcoin, you can earn more than 1btc/month

torrentheaven

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Quote from: Viyamore on July 05, 2016, 12:39:24 PM

Quote from: sallymeeh27 on July 05, 2016, 12:22:20 PM

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.

Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

Yeah earning 1 btc per month is a good target to set, as you work hard on it then you can earn it or at least you can get closer to it, and as time passes you will gain more experience and can find different ways to earn it.

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Quote from: jossiel on July 05, 2016, 09:51:57 PM

Quote from: bitcoinisfurture on July 05, 2016, 12:35:28 PM

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?

I guess that bitcoin will always be there and it will not be gone. And I think the government is going to adopt bitcoins.
So it means that bitcoin is not going to be ban by the government.

We hope to see that because the government are already aware of bitcoins and in fact they are monitoring it due to this currency can be use for money laundering so if they cannot beat this they would adopt with bitcoin.

jossiel

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Quote from: bitcoinisfurture on July 05, 2016, 12:35:28 PM

Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?

I guess that bitcoin will always be there and it will not be gone. And I think the government is going to adopt bitcoins.
So it means that bitcoin is not going to be ban by the government.

Viyamore

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Quote from: sallymeeh27 on July 05, 2016, 12:22:20 PM

Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.

Exactly, as much as you can .but the best thing is planning and having a goal to earn for example 12btc in one year so in that case you will be able acumulate the first goal and step for every year until how much you save for 20years.

bitcoinisfurture

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Firstly OP are you sure btc will be there for next 20 years?
Secondly your government will not ban the btc for next 20 years?
Thirdly if it exits and your country allows it will it have more value then your purchase price?

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Quote from: mrhelpful on July 05, 2016, 12:25:47 PM

Quote from: nururochac on July 05, 2016, 09:54:59 AM

Quote from: stromma44 on July 05, 2016, 09:45:41 AM

Quote from: CrackedLogic on July 05, 2016, 09:38:56 AM

Quote from: AlphaSun on July 05, 2016, 09:24:41 AM

Quote from: jossiel on July 05, 2016, 03:49:38 AM

Quote from: helloangels on July 05, 2016, 03:04:03 AM

I think 10 bitcoin is enough for me

10 Bitcoin for sure? I think that isn't enough after all for retiring for 20 years. But if the price of bitcoin is going to be $10,000 by that time.
But we can't tell what will going to be price of bitcoin by that time.
But just to be sure it is better if you are going to have hundreds of bitcoin by that time.

The bitcoin price will be at least $0.5 million in 20 years. I think the price will double every two years in the next 20 years.

I don't think price of bitcoin will hit $0.5million in 20 years,we can expect around $10k price within next 20 years.About retirement it depends on what amount you think is good to retire in 20 years and you can calculate amount of bitcoins needed valuating price of each bitcoin to $10,000.

Exactly $0.5 million is something difficult to achieve but bitcoin surely have an potential to achieve the price of $10k in future, and even if it achieves price of $5k then I would be happy if I am holding 50 bitcoins.

It is difficult but it is not impossible. Let's say 3/4 of current population adopt to bitcoin. 5billion = 21btc volume. 1 btc will equal to probably a million value. So it is possible yet we need a big adoptation.

Yeah, but youre assuming with that span of how many years we get the 3/4 population you mention get on board?

Its already been 6 years and my neighbor still doesnt know about bitcoin.

Even here they didnt know about bitcoin but some people here are adopting bitcoin and i think these following year we will see some store and shops are accepting bitcoin as payment.. for now we are lucky that we are first to know bitcoin than the other people.. and i think if they release it if tsome store are accepting bitcoin as payment just like brazil 150 stores are accepting bitcoin as payment including starbucks i think bitcoin will be more popular..

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Quote from: nururochac on July 05, 2016, 09:54:59 AM

Quote from: stromma44 on July 05, 2016, 09:45:41 AM

Quote from: CrackedLogic on July 05, 2016, 09:38:56 AM

Quote from: AlphaSun on July 05, 2016, 09:24:41 AM

Quote from: jossiel on July 05, 2016, 03:49:38 AM

Quote from: helloangels on July 05, 2016, 03:04:03 AM

I think 10 bitcoin is enough for me

10 Bitcoin for sure? I think that isn't enough after all for retiring for 20 years. But if the price of bitcoin is going to be $10,000 by that time.
But we can't tell what will going to be price of bitcoin by that time.
But just to be sure it is better if you are going to have hundreds of bitcoin by that time.

The bitcoin price will be at least $0.5 million in 20 years. I think the price will double every two years in the next 20 years.

I don't think price of bitcoin will hit $0.5million in 20 years,we can expect around $10k price within next 20 years.About retirement it depends on what amount you think is good to retire in 20 years and you can calculate amount of bitcoins needed valuating price of each bitcoin to $10,000.

Exactly $0.5 million is something difficult to achieve but bitcoin surely have an potential to achieve the price of $10k in future, and even if it achieves price of $5k then I would be happy if I am holding 50 bitcoins.

It is difficult but it is not impossible. Let's say 3/4 of current population adopt to bitcoin. 5billion = 21btc volume. 1 btc will equal to probably a million value. So it is possible yet we need a big adoptation.

Yeah, but youre assuming with that span of how many years we get the 3/4 population you mention get on board?

Its already been 6 years and my neighbor still doesnt know about bitcoin.

sallymeeh27

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Well I think that you can have as many as you want as long as you can save them for your future. This future will require more expenses than earnings wherein you cannot work anymore but only to enjoy life. It means all of your expenses will continue and tragic moment of being stress that will require more finances wherein the more you spent which will require you save very less due to arise hospital bills and medicines including maintenance that will cover and continues everything.

blackmachinegun

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Quote from: expert4knowledge on July 01, 2016, 01:33:03 PM

Quote from: ASHLIUSZ on June 30, 2016, 01:34:52 AM

Quote from: Hatuferu on June 29, 2016, 10:16:59 PM

Quote from: expert4knowledge on June 29, 2016, 02:39:33 PM

It depends on many thing, first is that when you want to sell your bitcoins and how is your life style?

Exactly, your lifestyle will determine your satisfaction. If you just want a simple lifestyle and that would be good because you value more your family than money, 10 BTC would be enough for you.

to live a simple life you don't want much coins, if you want a decent and luxury lifestyle then you need more than 20 coins.

For sure 20 coins is enough for living in many countries but the problem is that if they want to sell them in 20years after retiring or they want to sell them now!

I think if you want to live comfortably in the future you must have more dai 20 BTC? I doubt that 20 coin enough for your living expenses and to enjoy a comfortable life. come on 20 BTC is only worth $ 12,000? it is a year of my salary?
so I think you could collect more than that

Topic: How many bitcoins do I need to retire in 20 years? - page 28. (Read 320352 times)