Dont think price, think of the market capital of bitcoin. Just 1000 makes 21 mil coins a market of 21bn total. I know not everything is circulated but thats the potential
So we take 21bn and divide by 6bn people on earth giving each of them about $5 each (total pop may be more but excluding babies etc). So this is feasible, we take bitcoin to 10,000 per coin and its $50 per person. Thats about the limit for me as a reasonable projection. 50 dollars is in some parts of the world is a months spending money and obviously its never evenly distributed but its reasonable as an idea of even the poorest might want to use bitcoin like this.
Take bitcoin to 100,000 each coin and its $500 per person in the world and thats just not happening, many millions of people never hold this much money in cash. Their wealth is tied up in their animals or crops not pure cash. Obviously we have massive hoarders and the whole 1% dynamic where some own billions and others beg for pennies to exist but the largest section of society recognises a reasonable average like this.
10k per bitcoin is quite feasible over twenty years I think this happens at least and you can retire on it. The other alternative is bitcoin is not used at all by then
Topic: How many bitcoins do I need to retire in 20 years? - page 34. (Read 320352 times)
To be safe, get two Bitcoins.
lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be
safe side get 5
if it will peak to 2,000,000$ i`m fine with onl 0.5 btc
To be safe, get two Bitcoins.
lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be
safe side get 5
if it will peak to 2,000,000$ i`m fine with onl 0.5 btc
To be safe, get two Bitcoins.
lol i agree with this. in 20 years 2 bitcoin may be worth 2,000,000$ and to me a 2m retirement fund would last if you plan on retiring at 60 and living untill 75 or whatever. specially if you have another income coming in still from ssi or whatever it may be
safe side get 5
if it will peak to 2,000,000$ i`m fine with onl 0.5 btc
Buy many as you can.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
I agree with you, just buy or earned it as much as you can. Because we don't know in 20 years, how much the price of bitcoin on that year. It's better to have many bitcoins.
Yeah i guess but dont waste all of your money when just saving it alone would be enough to retire you lol, be careful with your money and how you spend it, that's how habits get out of hand easily
Good luck you'll probably need at least 300+ to make sure that you're in the clear.
Buy many as you can.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
I agree with you, just buy or earned it as much as you can. Because we don't know in 20 years, how much the price of bitcoin on that year. It's better to have many bitcoins.
Yeah i guess but dont waste all of your money when just saving it alone would be enough to retire you lol, be careful with your money and how you spend it, that's how habits get out of hand easily
Good luck you'll probably need at least 300+ to make sure that you're in the clear.
Buy many as you can.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
I agree with you, just buy or earned it as much as you can. Because we don't know in 20 years, how much the price of bitcoin on that year. It's better to have many bitcoins.
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin
100 is good number to retire I would be happy with half cuz in 20 years price could be stable at 2500-3500 range
we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin
yeah, you can set the bottom at $600 and be sure that price will never fall under it in the future (it may go below 600 in short term but not after a year and so on) so you can calculate how much you need based on that for lowest price.
I don't think that it will always hold the price of $600, I am expecting that it will fall and stuck at $500, so I think we need to calculate at this price how much we need in future.
we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin
yeah, you can set the bottom at $600 and be sure that price will never fall under it in the future (it may go below 600 in short term but not after a year and so on) so you can calculate how much you need based on that for lowest price.
we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin
Definitely, the numbers will dictate the real value of bitcoins, if we can attract massive adoption on a yearly basis that would be good as the demand will increase and so the price. 
we need bitcoin in large numbers. at least for one year with reference to the current rates, then we need to live a decent 5 bitcoin. and we need 100 bitcoin to rest for 20 years. an uphill battle to get 100 bitcoin
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
1 BITCOIN 
That is too optimistic. I think we need at least 10 bitcoin. I reckon the price of each bitcoin will be between 100 to 200k US dollars.
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
I think if you're young aged between 20-25 years. you can collect more than 500 BTC or maybe 1000 BTC You can collect it within a period of 20 years. then you can retire young and live comfortably at the age of 40 years
If you have right now $300-600,000 of cash available to throw at Bitcoin then I think it's a given that you've already got your retirement sewn up.
i think you would need something like 200 bitcoins because the price of the bitcoin is definitely going to grow
Buy many as you can.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
But do not feel too secured if you have lots of bitcoins. We do not know what will happen in the span of 20 years. I have faith in bitcoins that its price will still be on the top compare to other cryptocurrency, but we cannot tell. What if something happens, what if there is no more power supply, what if for some reason government find reason to ban the bitcoins. Instead of bitcoins, you may want to buy gold and silver.
Some governments have "banned" bitcoins but lets be honest there is no way to stop a community of strong individuals by just saying stop, the only way they could stops us is if they really wanted us to stop cut the power, but they would never do that because BAM their GDP sinks in the dirt, hope this information helped you out man but btc in 20 years id say $250,000 worth AT least.
You definitely need a bunch of btc to be able to retire and i dont recommend investing that much into btc right now i would just say to put a bunch of your saving money into a ROTH IRA and you should research that because you will make a bunch of money with just stocking it in a ROTH IRA because that uses compound interest.
Jump to: