Author

Topic: How many bitcoins to be set? (Read 180 times)

legendary
Activity: 3346
Merit: 3125
December 18, 2018, 02:32:32 PM
#5
How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore?  When mcafee said it would hit 1 million, i thought that is crazy and i still is.  Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future.  For most people, 1 million dollars is a lot of money.  But of course it depends on where you are.  That is not much in big cities. 


I would think that you probably need at least 10 bitcoins at the minimum? 



I agree with you, looks like 10 bitcoins is a good number to warrant the future.

We can't say each btc would be 1 million dollars, but for sure it can hit $100k each btc. Is about holding, that's all.

For the next year, i will try to save 1 btc, that's my goal, and maybe with that i will be able to buy a house in some years. Let's see what happen with this crazy markets.
jr. member
Activity: 98
Merit: 1
HODL is the key to wealth
December 18, 2018, 02:29:08 PM
#4
1 Million dollars per bitcoin is not unrealistic.  Simply obtain even a fraction of one bitcoin and wait - it could be life changing for you.
legendary
Activity: 4410
Merit: 4766
December 18, 2018, 02:15:29 PM
#3
How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore?  When mcafee said it would hit 1 million, i thought that is crazy and i still is.  Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future.  For most people, 1 million dollars is a lot of money.  But of course it depends on where you are.  That is not much in big cities. 


I would think that you probably need at least 10 bitcoins at the minimum? 



imagining bitcoin being where 1 bit (100 sat) is $1 then bitcoin would go upto $1m
but that is more of a extreme.
id say bitcoin could not go up exponentially forever. especially if tx fee's start costing $2.50+ a tx (250byte+) people wont want to use bitcoin

so $100k (25cent tx fee minimum) seems just about the level that utility and desire will start to tail off like an S curve.

so dont aim for a $1m area. aim for $100k and then just treat anything higher as a bonus
hero member
Activity: 1582
Merit: 670
December 18, 2018, 02:14:14 PM
#2
1) I think you should ignore McAfee. If you are aware of in this bad market conditions he does not appear around himself. He is a manipulator.

2) It is so hard (possibly impossible) to hit 1M but it can hit 100K in a few years. So we can consider 10 Bitcoin can be enough. At least, it will be enough for me if it will hit 100K!
full member
Activity: 1750
Merit: 186
December 18, 2018, 02:09:11 PM
#1
How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore?  When mcafee said it would hit 1 million, i thought that is crazy and i still is.  Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future.  For most people, 1 million dollars is a lot of money.  But of course it depends on where you are.  That is not much in big cities. 


I would think that you probably need at least 10 bitcoins at the minimum? 

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