How many bitcoins do I need to retire in 20 years? - page 63.

trinaldao

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Quote from: knowhow on March 28, 2016, 10:18:32 AM

Well the concept of bitcoin of reduce reward is to force bitcoin to go up,there is no sure that will happen,soo well holding any ammount now and dont sell at the first jump ,may turn into a retirement opportunity in around 5 -10 years,something you would need to wait or 25 years or 35 years to get retired.

the halving is make bitcoin unique, with halving make bitcoin more rare, also this is make bitcoin price rising each year.....

BeGoods

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Quote from: Apened on March 28, 2016, 04:22:07 AM

Quote from: romero121 on March 27, 2016, 03:48:12 AM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

Earning 100 bitcoin in a 20years time is really simple. At the same time when one earns few bitcoin the remaining grows automatically.

It is not that simple to earn bitcoin directly. I mean your employer pay you bitcoin directly. it will take years.

if you're willing to work hard 100 BTC in 20 years is an easy thing you know. means you have to generate 5 BTC annually or 0.4 btc per month it is quite easy if you want to try and work hard. there are many ways you can do
and hope bitcoin prices reached a high point in the 20 years to come

knowhow

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Well the concept of bitcoin of reduce reward is to force bitcoin to go up,there is no sure that will happen,soo well holding any ammount now and dont sell at the first jump ,may turn into a retirement opportunity in around 5 -10 years,something you would need to wait or 25 years or 35 years to get retired.

randy8777

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Quote from: romero121 on March 27, 2016, 03:48:12 AM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

Earning 100 bitcoin in a 20years time is really simple. At the same time when one earns few bitcoin the remaining grows automatically.

it looks simple now, but each year the price will increase and the amount of effort you need to do to earn just 1 bitcoin will most likely increase with at least 20 to 50% per year. especially with the upcoming block halving and the block halving after that. if any one with enough funds want to have at least 100 bitcoins, then right now is the best time to get them. the longer you wait, the higher the price will be.

goinmerry

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Quote from: Apened on March 28, 2016, 04:22:07 AM

Quote from: romero121 on March 27, 2016, 03:48:12 AM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

Earning 100 bitcoin in a 20years time is really simple. At the same time when one earns few bitcoin the remaining grows automatically.

It is not that simple to earn bitcoin directly. I mean your employer pay you bitcoin directly. it will take years.

Earning it through a job is hard but earning it faster is possible also. Buying a lot of it and letting it grow. That will take it faster. Just a year can do 1 bitcoin or more with this method.

Apened

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Quote from: romero121 on March 27, 2016, 03:48:12 AM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

Earning 100 bitcoin in a 20years time is really simple. At the same time when one earns few bitcoin the remaining grows automatically.

It is not that simple to earn bitcoin directly. I mean your employer pay you bitcoin directly. it will take years.

romero121

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Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

Earning 100 bitcoin in a 20years time is really simple. At the same time when one earns few bitcoin the remaining grows automatically.

iqlimasyadiqa

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Quote from: azguard on March 26, 2016, 09:04:34 AM

round number is good let say 100 fair enough and it can be achieved with little effort

if more comes that even better

look at the total of 100 is a lot to me and also when seen from the present day.

I am still trying to get a value above 100 and it was very difficult. Bitcoin is increasingly difficult to obtain.

azguard

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round number is good let say 100 fair enough and it can be achieved with little effort

if more comes that even better

MTBTT

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Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

I think there is no benchmark for enough or not quite all come from feelings. 100 BTC could be significant if the price reached more than $ 3,000 or more. but maybe you have not become rich just by 100 BTC

Mr. Big

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Quote from: lissandra on March 25, 2016, 09:55:03 PM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

The measurement of how many coins needed will determine based on 1 coins value.

So if the value stayed still 20 years worst case scenario youre looking at 41,000 lol.

Worst than that scenario is how we can accumulate 100 bitcoin before 20 years came in..If we are just starting right now and the price won't have a big drop, which I think won't drop very low, I think we will have a hard time buying 100 bitcoins...

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Quote from: lissandra on March 25, 2016, 09:55:03 PM

Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

The measurement of how many coins needed will determine based on 1 coins value.

So if the value stayed still 20 years worst case scenario youre looking at 41,000 lol.

That is very right. Should know first how much a bitcoin is before taking that big risk of retirement. Better have a lot than have a few for emergency purposes.

lissandra

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Quote from: betohell on March 25, 2016, 11:03:19 AM

Quote from: GamingBro on March 24, 2016, 05:15:09 PM

You need ~1 million dollars i think for living with all goods and needs but bitcoins is unpredictable it can be worthless for times and you will be poor instantly.

bitcoin prices are very volatile so we can not predict the price is certainly in 20 years to come. it is even possible bitcoin prices can be very low. important that we collect bitcoin. as much as we can

Its volatile to a certain extent.

It really varies on your approach, if you lose the price loss can something make up the difference in that time. If so then you should be good regardless.

But most of the trend is always been bullish.

lissandra

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Quote from: Dux2K on March 25, 2016, 06:07:38 PM

I would like to have at least 100 coins cuz i think it will be enough

The measurement of how many coins needed will determine based on 1 coins value.

So if the value stayed still 20 years worst case scenario youre looking at 41,000 lol.

blackmachinegun

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Quote from: vendetahome on March 24, 2016, 07:12:12 AM

Quote from: Alley on April 28, 2014, 01:04:32 PM

Lets say I want to buy bitcoins today and store them for 20 years to use a my retirement fund. Live comfortably, but don't need to buy a yacht or anything. How many do you think I would need to buy?

if you'll buy 10 bitcoins, total 4000$, and will hold them for 20 years, and if we will be lucky of course, you should have around 4 000 000$ or even more, i think that price after 20years will be huge because of halvings, and of course buyers/sellers

I thought it would never happen $400k/bitcoin it was too expensive for bitcoin even if you say it in 20 years to come. evn I would ensure up to 50 years to come prices will not reach $400k/BTC
a reasonable price for bitcoin in the 20 years to come is around $1000-$2000
so you can calculate how bitcoin what you need

Dux2K

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I would like to have at least 100 coins cuz i think it will be enough

betohell

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Quote from: GamingBro on March 24, 2016, 05:15:09 PM

You need ~1 million dollars i think for living with all goods and needs but bitcoins is unpredictable it can be worthless for times and you will be poor instantly.

bitcoin prices are very volatile so we can not predict the price is certainly in 20 years to come. it is even possible bitcoin prices can be very low. important that we collect bitcoin. as much as we can

adibe

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Quote from: armansolis593 on March 25, 2016, 07:36:44 AM

Quote from: jkrules on March 25, 2016, 06:17:24 AM

Quote from: GamingBro on March 24, 2016, 05:15:09 PM

You need ~1 million dollars i think for living with all goods and needs but bitcoins is unpredictable it can be worthless for times and you will be poor instantly.

you can buy anithyng you want if price going to 1000$ again like january2013

THe price of 1k per bitcoin might happen in 2020+,or maybe when in 20 more years the price might tripled.

Well, i hope it happened too. But i think to make bitcoin price goes up to $1.000 per bitcoin will take many years. And if in 2020 the price is $1.000/btc, you can retire on that years by invest on bitcoin now.

armansolis593

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Quote from: jkrules on March 25, 2016, 06:17:24 AM

Quote from: GamingBro on March 24, 2016, 05:15:09 PM

You need ~1 million dollars i think for living with all goods and needs but bitcoins is unpredictable it can be worthless for times and you will be poor instantly.

you can buy anithyng you want if price going to 1000$ again like january2013

THe price of 1k per bitcoin might happen in 2020+,or maybe when in 20 more years the price might tripled.

jkrules

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Quote from: GamingBro on March 24, 2016, 05:15:09 PM

You need ~1 million dollars i think for living with all goods and needs but bitcoins is unpredictable it can be worthless for times and you will be poor instantly.

you can buy anithyng you want if price going to 1000$ again like january2013

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