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Topic: How many bitcoins do I need to retire in 20 years? - page 84. (Read 320352 times)

hero member
Activity: 1009
Merit: 506
guess w/o any info

btc will be > than 30k a coin, before 2030
 
Which is stupid....

but hey.
full member
Activity: 221
Merit: 100
I think you still need a lot of bitcoins to by rich forever and stay rich forever.
I think you can be rich in 20 years with about 60 btc.

60 Bitcoin is a lot of money in 20 years. The price will be at least $200,000 each in 20 years. So 10 is enough.
sr. member
Activity: 420
Merit: 250
I think you still need a lot of bitcoins to by rich forever and stay rich forever.
I think you can be rich in 20 years with about 60 btc.
sr. member
Activity: 364
Merit: 250
I think Bitcoin itself is safe. The only thing that is less secure, I think the online wallets.
I had heard that you can be hacked there.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
I think 100 bitcoin is enough But no one knows bitcoin in the future,  you can make your own prediction and make your purchase.

Its big, In where I live, it would take more than five years to accumulate that big amount, lucky are those early birds who collected the first bitcoins.. 
Anyway, I think 100 is good enough for me...
sr. member
Activity: 378
Merit: 250
I think 100 bitcoin is enough But no one knows bitcoin in the future,  you can make your own prediction and make your purchase.

100 bitcoin at the current price? That's like a year's salary. But then again, it depends where you're retiring.
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
I think 100 bitcoin is enough But no one knows bitcoin in the future,  you can make your own prediction and make your purchase.
sr. member
Activity: 322
Merit: 250
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.


who will buy bitcoin if price at $1million, i don't think bitcoin can reach that price even though in 20 years again. i think the highest bitcoin price is around $1000 - $2000

The US state debt is $19 trillion. If people lose confidence in US dollar and the US government has to borrow bitcoin to fund its operation, the bitcoin price will be at least $1 million each.
lol borrow bitcoin to fund its operation... you wish.

Bitcoin can reach $1 million each, and that still won't happen.

But the question "who will buy bitcoin if price [is] at $1million" is something only an idiot would ask.

I for one would not mind buying fractions of a bitcoin, if the market price was $1 million each. And any logical person would. It's basically the exact same question as "who would by 1 million 1-dollar bills for $1million?"
full member
Activity: 221
Merit: 100
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.


who will buy bitcoin if price at $1million, i don't think bitcoin can reach that price even though in 20 years again. i think the highest bitcoin price is around $1000 - $2000

The US state debt is $19 trillion. If people lose confidence in US dollar and the US government has to borrow bitcoin to fund its operation, the bitcoin price will be at least $1 million each.
full member
Activity: 210
Merit: 100
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I would advice you to buy as much as you can, most probably 100 bitcoins. By the time you retire in 20 yours, the price would have increased 1000th fold and you will be able to live a comfortable life.
legendary
Activity: 1176
Merit: 1001
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If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.


who will buy bitcoin if price at $1million, i don't think bitcoin can reach that price even though in 20 years again. i think the highest bitcoin price is around $1000 - $2000
hero member
Activity: 658
Merit: 500
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.



$1 million is very high in 20 years, but who knows..lets just hope that bitcoin would live that long, and yes, adoption would make bitcoins last long,,
you will be having a very good life if you have that amount of money..  Smiley

We only need the bitcoin price to rise 47% a year for it to reach $1,000,000 in 20 years time.

No dude, you can't say that 47% of 1,000,000$ means only 470000$ this much money enough for after retirement. It is totally dependent on the how are theirs movement, expensive place or cheap place and how will you expense your money according to you.

If the price rises 47% each year, it will be 2500 times of present value, so $400 will be $1 million.
full member
Activity: 182
Merit: 100
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.



$1 million is very high in 20 years, but who knows..lets just hope that bitcoin would live that long, and yes, adoption would make bitcoins last long,,
you will be having a very good life if you have that amount of money..  Smiley

We only need the bitcoin price to rise 47% a year for it to reach $1,000,000 in 20 years time.

No dude, you can't say that 47% of 1,000,000$ means only 470000$ this much money enough for after retirement. It is totally dependent on the how are theirs movement, expensive place or cheap place and how will you expense your money according to you.
sr. member
Activity: 462
Merit: 250
retire as much as you want the minimum is 2 btc but let's take our chances and retire 5 btc and let's see what the future hide for us Wink
legendary
Activity: 3248
Merit: 1070
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.
I think its impossible in 20 years maybe price will be around $2000-$7000
that's obvious you need a lot of bitcoin before retirement
another idiot.

If bitcoin doesn't go up significantly, people will give up and sell their bitcoins, crashing the price.

No. It can't go up significantly.

If it goes up significantly, the demand will be met by an alt-coin.

the nature of the controlled supply will force a value increase, in 10 years, where the miners will need at least 5k to survive, if the hashrate and the diff will keep increase like now

the same margin of profit will be maintained, all this without counting the possible higher demand...
sr. member
Activity: 322
Merit: 250
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.
I think its impossible in 20 years maybe price will be around $2000-$7000
that's obvious you need a lot of bitcoin before retirement
another idiot.

If bitcoin doesn't go up significantly, people will give up and sell their bitcoins, crashing the price.

No. It can't go up significantly.

If it goes up significantly, the demand will be met by an alt-coin.

Alt coins and bitcoins are not the same thing, just as apples and french fries are not the same thing, even though they're both food.

If crypto explodes, sure, some value will go to the other coins. Like they say, a rising tide lifts all boats. But there will certainly be 1 coin that is completely dominant, taking up the majority of the value of the crypto economy.

You see it everywhere in life and in nature. For example, google takes up the majority of search, even though there's bing, etc.
full member
Activity: 1246
Merit: 116
Totally depends on the value of bitcoins in future and also depends on which country you are living in, and also  what is your lifestyle, what are your basic expenses, even 1 btc would be enough or else even 100 btc would not be able to make it.
sr. member
Activity: 378
Merit: 250
Well how much fiat do you need to retire? Just make a calculation. It's the same thing. And I don't think you should solely rely on bitcoin alone.
full member
Activity: 182
Merit: 107
If the bitcoin price reaches $1million in 20 years, you just need two bitcoin. It depends on the adoption of the bitcoin in general.
I think its impossible in 20 years maybe price will be around $2000-$7000
that's obvious you need a lot of bitcoin before retirement
another idiot.

If bitcoin doesn't go up significantly, people will give up and sell their bitcoins, crashing the price.

No. It can't go up significantly.

If it goes up significantly, the demand will be met by an alt-coin.
sr. member
Activity: 308
Merit: 292
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Well as much as you can, obviously. Is there ever too much money?
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