Topic: How many bitcoins do I need to retire in 20 years? - page 51. (Read 320337 times)

Quote from: ronaldo40 on May 12, 2016, 11:32:37 PM

Many people in this thread, including me, predict that in 20 years Bitcoin will cost from $10k to $20k. Of course those numbers make sense only if the buying capacity of USD will be the same as it is today.

In short to retire in 20 years you'll need from 100 to 200 BTC.

200 BTC is enough to help live a comfortable life for most people, that amount would be quickly depleted if the person's lifestyle changed to include "lavish spending".

if you are getting older, you will be spending more and more, because of course you will get married and have children.
simple life will help you live better, so 200 BTC really enough, especially the cost of living in my country is not too high

Yeah absolutely right mate, if we getting older you need more necessary to you and your family. But if make bitcoin as living in my country is sound good because the price of bitcoin is high rather than my currency.

I think when talking about the highest price. bitcoin has the highest price of all currencies in the world.
therefore investment in bitcoin is very good for a future when you have retired, and the possibility that the price could be higher than the current

well said
will price go up in next 20 year sure it will
in that time you might in theory at least must have 10 and that 10 btc might worth 100k or more
you cannon predict price in 20 years only speculate

No one can judge what will be the price of bitcoin after 20 year, and we are also not survive whether it will survive that long time or not, its better to play with bitcoin in short term.

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Quote from: delliaerd on May 12, 2016, 05:23:24 AM

Many people in this thread, including me, predict that in 20 years Bitcoin will cost from $10k to $20k. Of course those numbers make sense only if the buying capacity of USD will be the same as it is today.

In short to retire in 20 years you'll need from 100 to 200 BTC.

200 BTC is enough to help live a comfortable life for most people, that amount would be quickly depleted if the person's lifestyle changed to include "lavish spending".

if you are getting older, you will be spending more and more, because of course you will get married and have children.
simple life will help you live better, so 200 BTC really enough, especially the cost of living in my country is not too high

Yeah absolutely right mate, if we getting older you need more necessary to you and your family. But if make bitcoin as living in my country is sound good because the price of bitcoin is high rather than my currency.

I think when talking about the highest price. bitcoin has the highest price of all currencies in the world.
therefore investment in bitcoin is very good for a future when you have retired, and the possibility that the price could be higher than the current

well said
will price go up in next 20 year sure it will
in that time you might in theory at least must have 10 and that 10 btc might worth 100k or more
you cannon predict price in 20 years only speculate

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Quote from: delliaerd on May 12, 2016, 05:23:24 AM

1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

All the very best for your earning as dreamt. I believe one can earn if he has the concentration only on this. But when he just back of it life will never look to be enjoyable.

Searing

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Clueless!

this is easy to answer

Satoshi = NONE Wink

Whales = NOT TELLING (hey the are whales....they just blast the market up down with sonar in their whale like manner ...and scoop up more plankton (er I mean btc) rinse/repeat Sad

The rest of us = likely more then we can get at this point in time

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Quote from: xIIImaL on May 12, 2016, 06:46:50 AM

Many people in this thread, including me, predict that in 20 years Bitcoin will cost from $10k to $20k. Of course those numbers make sense only if the buying capacity of USD will be the same as it is today.

In short to retire in 20 years you'll need from 100 to 200 BTC.

200 BTC is enough to help live a comfortable life for most people, that amount would be quickly depleted if the person's lifestyle changed to include "lavish spending".

if you are getting older, you will be spending more and more, because of course you will get married and have children.
simple life will help you live better, so 200 BTC really enough, especially the cost of living in my country is not too high

Yeah absolutely right mate, if we getting older you need more necessary to you and your family. But if make bitcoin as living in my country is sound good because the price of bitcoin is high rather than my currency.

I think when talking about the highest price. bitcoin has the highest price of all currencies in the world.
therefore investment in bitcoin is very good for a future when you have retired, and the possibility that the price could be higher than the current

InsideBjorn

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1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

OMG! atleast 10 BTC, I believe at that time bitcoin prices already exceed $ 500 so that I could be a millionaire Cool

I think you need a lot of Bitcoins and that is because you dont know what the value will be and that is the problem of the currency it is hard to know what the value will be.
So I think you need some 50 BTC to retire in 20 years and that is a lot but you have to be safe also.

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Quote from: xIIImaL on May 12, 2016, 06:46:50 AM

1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

Oh man this is a lot!!
How do you wanna achieve that?
Either you have already enough cash to buy that much, you are good at trading or you do some shady stuff which could give you a high return but also the risk to get arrested.

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The country I am living in I think 100 btc can take best care of me in future as I don't have high lifestyle so even if the price is low I would be satisfied with 100 btc.

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1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

OMG! atleast 10 BTC, I believe at that time bitcoin prices already exceed $ 500 so that I could be a millionaire Cool

Well, maybe we need a bitcoin as much in that year, in fact it could have been 1000 BTC right? but if you already think and strategize so that you can generate that much bitcoin. possible trade and investment alone will not be enough to generate a bitcoin that much, you might have to make a wide variety of online stores that accept bitcoin

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1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

OMG! atleast 10 BTC, I believe at that time bitcoin prices already exceed $ 500 so that I could be a millionaire Cool

Shibashi Dogemoto

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I don't think bitcoin will survive for next 20 years, its age limit is not more then 10 years I guess, and I will use only for 5 years, I will sell all my coins after 5 years and will be satisfied with the profits that I will earn.

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1000btc, thats the btc i wish to have someday. I dreamed of that btc when i entered into bitcoin business.

delliaerd

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Many people in this thread, including me, predict that in 20 years Bitcoin will cost from $10k to $20k. Of course those numbers make sense only if the buying capacity of USD will be the same as it is today.

In short to retire in 20 years you'll need from 100 to 200 BTC.

200 BTC is enough to help live a comfortable life for most people, that amount would be quickly depleted if the person's lifestyle changed to include "lavish spending".

if you are getting older, you will be spending more and more, because of course you will get married and have children.
simple life will help you live better, so 200 BTC really enough, especially the cost of living in my country is not too high

Yeah absolutely right mate, if we getting older you need more necessary to you and your family. But if make bitcoin as living in my country is sound good because the price of bitcoin is high rather than my currency.

ronaldo40

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Many people in this thread, including me, predict that in 20 years Bitcoin will cost from $10k to $20k. Of course those numbers make sense only if the buying capacity of USD will be the same as it is today.

In short to retire in 20 years you'll need from 100 to 200 BTC.

200 BTC is enough to help live a comfortable life for most people, that amount would be quickly depleted if the person's lifestyle changed to include "lavish spending".

if you are getting older, you will be spending more and more, because of course you will get married and have children.
simple life will help you live better, so 200 BTC really enough, especially the cost of living in my country is not too high

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