How many bitcoins do I need to retire in 20 years? - page 46.

JumperX

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Quote from: StarofBTC on May 27, 2016, 09:43:01 AM

Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

1000 btc is a big target but don't say that it is not possible. everything is possible. and 20 years are too long time to do something. if you start earning and collecting bitcoin today. after 20 years you can possibly collect more then 1000btc. and bitcoin also unreliable thing. we can't say about the price of bitcoin.

If you start working on bitcoin full time then you can collect 1000 btc in next 20 years, but I don't think anyone will ever try to get full time in it and leave the job.

StarofBTC

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Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

1000 btc is a big target but don't say that it is not possible. everything is possible. and 20 years are too long time to do something. if you start earning and collecting bitcoin today. after 20 years you can possibly collect more then 1000btc. and bitcoin also unreliable thing. we can't say about the price of bitcoin.

Betwrong

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Quote from: tampazeus on May 27, 2016, 08:47:21 AM

Quote from: Etaren on May 27, 2016, 08:35:02 AM

It is really hard to say how much you need to retire in 20 years and that is because the value of the Bitcoin is always changing and that is risky for the most people.
Because some people dont even know what they have to do with the Bitcoin so they are also making some mistakes.

We cannot afford to think of that long, as we don't know how long is the life of bitcoin, and whether it will be alive after next 20 years or not.

Yes but you can that say about any prediction. If you think of it long enough it becomes a philosophical question, but still we can make some predictions just for the fun of it IMO. So my prediction is around 100 BTC will be more than enough to retire in 20 years if you are not going to live a life of a billionaire of course.

tampazeus

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Quote from: Etaren on May 27, 2016, 08:35:02 AM

It is really hard to say how much you need to retire in 20 years and that is because the value of the Bitcoin is always changing and that is risky for the most people.
Because some people dont even know what they have to do with the Bitcoin so they are also making some mistakes.

We cannot afford to think of that long, as we don't know how long is the life of bitcoin, and whether it will be alive after next 20 years or not.

Etaren

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It is really hard to say how much you need to retire in 20 years and that is because the value of the Bitcoin is always changing and that is risky for the most people.
Because some people dont even know what they have to do with the Bitcoin so they are also making some mistakes.

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Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

We can't predict the price of bitcoin, and there is a possible of its price to go with that price and if that price go higher with each year, your planned 1000 btc will be so much enough for 20 years.

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Quote from: bitlancr on May 26, 2016, 09:21:36 PM

Quote from: Ziskinberg on May 26, 2016, 08:33:14 PM

Quote from: JumperX on May 26, 2016, 05:43:15 AM

Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

Yeah and the fact is no one is aware how long bitcoin will survive and what will be the price of bitcoin after 20 years, its better to live in present rather then thinking that long.

As long as you monitor the price of bitcoins regularly and you determine that the price keep increasing then for 20 years it will be a profit for you, maybe 1000 BTC is enough already.

Maybe its enough but its all depending on the price so I honestly think we cannot predict this right now or on any moment, maybe if its stable its possible.

We need to think very optimistic about the price of bitcoins in the future because this is our future too, it bitcoins will prosper we also benefited from this. So I would say that 1000 BTC is a very good investment by that time.

bitlancr

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Quote from: Ziskinberg on May 26, 2016, 08:33:14 PM

Quote from: JumperX on May 26, 2016, 05:43:15 AM

Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

Yeah and the fact is no one is aware how long bitcoin will survive and what will be the price of bitcoin after 20 years, its better to live in present rather then thinking that long.

As long as you monitor the price of bitcoins regularly and you determine that the price keep increasing then for 20 years it will be a profit for you, maybe 1000 BTC is enough already.

Maybe its enough but its all depending on the price so I honestly think we cannot predict this right now or on any moment, maybe if its stable its possible.

Ziskinberg

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Quote from: JumperX on May 26, 2016, 05:43:15 AM

Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

Yeah and the fact is no one is aware how long bitcoin will survive and what will be the price of bitcoin after 20 years, its better to live in present rather then thinking that long.

As long as you monitor the price of bitcoins regularly and you determine that the price keep increasing then for 20 years it will be a profit for you, maybe 1000 BTC is enough already.

JumperX

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Quote from: eddyubachs on May 25, 2016, 02:01:05 PM

Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

Yeah and the fact is no one is aware how long bitcoin will survive and what will be the price of bitcoin after 20 years, its better to live in present rather then thinking that long.

dinda22

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Quote from: Oralmat on May 25, 2016, 08:07:33 AM

Quote from: dinda22 on May 25, 2016, 07:42:55 AM

Quote from: BitsandBites on May 25, 2016, 03:15:09 AM

It depends on what the price per Bitcoin is at that moment and with how much money you want to retire with. Lets say the price is $5000 with in 20 years, that means that with 100 you would have $500,000 which is not bad at all.

$5000 seems to be the price that is difficult to achieve, you have to imagine the next 20 years the price of at least $1000, so you need more bitcoin, 1000 bitcoin very decent.

$5000, i think he is not talking about 5000 BTC. But if he is telling that 5000 BTC, so it is too much biggest amount. i think no one have this amount of bitcoins in Bitcointalk.
For me reasonable bitcoin 1000 Bitcoin is enough but we are saving for 20 years, it is long time period, if we save now 100 Bitcoin in this time i m sure it is also enough amount for 20 years.

yes I know, they not talking about 5000 BTC, and you can see my reply, did I say about 5000 BTC? I mean you have to think about the smallest price in the next 20 years, say $1000, so you must have 1000 bitcoin in the future. because $5000 is the price that is difficult to achieve. but if you are talking about someone in this forum has 5000 BTC, I think there must be, the number of members in this forum very much, and it's very possible. I would say stunna definitely have it, he as the owner of one of the biggest gambling sites in bitcoin.

eddyubachs

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Quote from: umaOuma on May 25, 2016, 01:47:00 PM

1000 btc to live best life with beautiful babes Grin

1000 btc is not possible for each and every individual as its an unrealistic value to achieve even 10 btc can take care if price reaches to millions.

umaOuma

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1000 btc to live best life with beautiful babes Grin

xIIImaL

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Quote from: Dux2K on May 25, 2016, 09:34:50 AM

I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

I think you must have not less than 5k btc but we never know what happen to bitcoin price in the next 20 year
could be back to $0.001 or more high than $1000 and if may i to suggest don't keep bitcoin for the next 20 year and you better keep the real money for you life...

gerXhonza

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Quote from: CrimBit on May 25, 2016, 11:52:28 AM

Quote from: avw1982 on May 25, 2016, 09:37:42 AM

Quote from: Dux2K on May 25, 2016, 09:34:50 AM

I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

Bitcoin price is unpredictable. We can set a time for it. It may goes down,or goes up quickly. By the way, keep that 2BTC now,maybe gonna give you a high price for incoming 20 years.

the bitcoin price is very unpredictable, in next 20years bitcoin price can rise +9999% or -9999%
i think use "only bitcoin" for retirement day is bad idea, we must have other currency like U.S. dollar , other invest ment like gold, to preparation for the worst situation (bitcoin price fail) .

No one can predict what will be the best amount to hold after 20 years as no one is sure whether bitcoin will be alive till then or not.

CrimBit

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Quote from: avw1982 on May 25, 2016, 09:37:42 AM

Quote from: Dux2K on May 25, 2016, 09:34:50 AM

I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

Bitcoin price is unpredictable. We can set a time for it. It may goes down,or goes up quickly. By the way, keep that 2BTC now,maybe gonna give you a high price for incoming 20 years.

the bitcoin price is very unpredictable, in next 20years bitcoin price can rise +9999% or -9999%
i think use "only bitcoin" for retirement day is bad idea, we must have other currency like U.S. dollar , other invest ment like gold, to preparation for the worst situation (bitcoin price fail) .

jossiel

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Quote from: avw1982 on May 25, 2016, 09:37:42 AM

Quote from: Dux2K on May 25, 2016, 09:34:50 AM

I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

Bitcoin price is unpredictable. We can set a time for it. It may goes down,or goes up quickly. By the way, keep that 2BTC now,maybe gonna give you a high price for incoming 20 years.

Well that's true we don't know want will happen to bitcoin in the future, if its price is going to be that really high, or it is going to be that low.
But many speculations that in the future bitcoin will rise. So, your suggestion of holding 2 btc for 20 years.
Is good enough for a long term investment.

avw1982

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Quote from: Dux2K on May 25, 2016, 09:34:50 AM

I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

Bitcoin price is unpredictable. We can set a time for it. It may goes down,or goes up quickly. By the way, keep that 2BTC now,maybe gonna give you a high price for incoming 20 years.

Dux2K

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I will be happy for 20 to have in 20 years it would be fine with that
Think it will be quite the sume in that time

SquallLeonhart

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Quote from: dinda22 on May 25, 2016, 07:42:55 AM

Quote from: BitsandBites on May 25, 2016, 03:15:09 AM

It depends on what the price per Bitcoin is at that moment and with how much money you want to retire with. Lets say the price is $5000 with in 20 years, that means that with 100 you would have $500,000 which is not bad at all.

$5000 seems to be the price that is difficult to achieve, you have to imagine the next 20 years the price of at least $1000, so you need more bitcoin, 1000 bitcoin very decent.

In next 20 years the price of bitcoin would be more then $1k for sure, and I think it will be around $5k if everything goes fine with bitcoin till then.

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