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Topic: How many BTC will make you a fiat millionaire in 5 years? - page 15. (Read 21836 times)

newbie
Activity: 52
Merit: 0
We cannot really know this to be honest because the price is important from the bitcoin and the price in about 5 years can be very low but also very high so we cannot predict this at all right now.
hero member
Activity: 756
Merit: 501
Being realistic is something i do have pleasure to be, soo next halving at 2020, soo price should reach atleast 1000 dollars, with that for me 300 bitcoins would make me a milionaire, even knowing that there are great projects as augur and zcash and megaupload project that can easy make price raise maybe around 30-50% more above the 1000 dollars.
legendary
Activity: 1512
Merit: 1041
I think 200 bitcoin is not enough to make you a millionaire and for 5 years I don't think the price of bitcoin will reach $10,000. Let's assume that the price of bitcoin after 5 years will be $3,000. I guess 300-500 bitcoin is already enough to make yourself a bitcoin millionaire.
I am just speculating bitcoins prices to reach $10,000 levels in next five years so just 100 bitcoins will be more than enough as per my analysis. Bitcoin is known for wild rallies so it may reach beyond $10k levels also within the period of 5 years.

But the question is how would you able to get that quantity?
That must be the biggest challenge in chasing our dream of becoming millionaire. But, I feel there will not be any wrong in dreaming big. One day, our dream will become real if we work hard also our dream will push us to innovate new ideas to reach our goals.
hero member
Activity: 2926
Merit: 722
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I choose  more than  1000  btc  because   bitcoin  could  possibly  reach $1000/btc which means  if  i do  have  1000  btc then when  that time comes  i would  for  sure a  bitcoin  millionaire  but well  we  dont  posses  soo  much  bitcoin as  of  now  because  we are not early  adopters  on it  and  dont  have the capability  of  buying   even  more bitcoins  on  current price. Its reality though.
hero member
Activity: 2898
Merit: 520
Leading Crypto Sports Betting & Casino Platform
To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare

price rising about 11x in 5 years is just too good to be true if it was from my opinion because honestly even gold which was states as a rare thing is still can't rising that far for its price especially bitcoin and if in 5 years there wil be released a digital money technology which even better than bitcoin it will become another problem for bitcoin to prevent its price from increasing
hero member
Activity: 3024
Merit: 745
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To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare


I think 200 bitcoin is not enough to make you a millionaire and for 5 years I don't think the price of bitcoin will reach $10,000. Let's assume that the price of bitcoin after 5 years will be $3,000. I guess 300-500 bitcoin is already enough to make yourself a bitcoin millionaire. But the question is how would you able to get that quantity?
legendary
Activity: 1652
Merit: 1000
To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare
hero member
Activity: 2968
Merit: 913
How many BTC will make you a fiat millionaire ($) in 5 years? Why?

Maybe 0 (if bitcoin is destroyed and dissapears) or maybe 1000.

I don`t believe that bitcoin price will reach 1200$ ever again.

All the rumors that bitcoin might cost 10000$+ after years are a joke.
hero member
Activity: 560
Merit: 500
To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
I'll take it slowly so I would start venturing into investment now. I believe since bitcoin is not stable yet, I can find a lot of opportunities here and I just have to take some risk so I can jump with opportunities that I can find. Some of my strategy is to invest in gambling sites and trading regularly.
Your second mentioned stategy seems good but I dont recommend investing in gambling sites since it gives low returns and if you play your money on gambling, it might get high returns but most probably you will lose you money. In my opinion one needs to have more than 500 bitcoin to be a fiat millionaire in the future since the price by 2020-2022 might only double the price now and not pump that hard as some speculated.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
I'll take it slowly so I would start venturing into investment now. I believe since bitcoin is not stable yet, I can find a lot of opportunities here and I just have to take some risk so I can jump with opportunities that I can find. Some of my strategy is to invest in gambling sites and trading regularly.
hero member
Activity: 882
Merit: 544
To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Re: How many BTC will make you a fiat millionaire in 5 years?

As what I am saying, millionaires in what currency? Remember each country has teir own exchange rate, and values is different in every country. In other country 20-30 BTC,you can be millionaire already. Smiley

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I voted for more than 1000 because it's the only realistic number there! That's $1000 a bitcoin which would be about a 30% increase over 5 years. I see that happening but not a huge 10x increase.
You have a big dream, you should work hard for that. It primarily depend on the place where you live. In our place, I can be satisfied already even for 100 BTC in the future and i really hope I can get that working and venturing in opportunities here online.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
I voted for more than 1000 because it's the only realistic number there! That's $1000 a bitcoin which would be about a 30% increase over 5 years. I see that happening but not a huge 10x increase.
legendary
Activity: 3150
Merit: 1392
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I guess people on this forum think that nothing changes hugely is they voted for 'more than 1000 mostly'. Well, that seems fair, because we have never seen Bitcoin costing more than 1000 (or a bit more), so why should we think that the price would grow in more than 10 times in 5 years? However, there are big surprizes sometimes and we must remember that we can't infer the future things from present ones, just like Mr.Wittgenstein told us.
full member
Activity: 204
Merit: 100
Judging by the rapid increase in the price of Bitcoin,  500 BTC can make anyone a millionaire
Do you think that after 5 years of bitcoin will cost $ 2000? This is a very bold predictions. Of course as they say, wants to ban can not, but I think the reality is quite different.
sr. member
Activity: 298
Merit: 250
5 years is definitely too long for me in my own country because of the value of our FIAT in relation to dollar even as at todaytoday with the value of Bitcoin, I only need like 5btc to be a millionaire but that does not mean it will now make me live as a millionaire in USA or United Kingdom as the case may be.
If you imagine just come back ten years ago, and even though you spend $ 5 or $ 25 per bitcoin, it is now possible to have one would be a real millionaire. But how many now have to wait, and how much it needs to answer difficult.
sr. member
Activity: 284
Merit: 250
Probably more than 500.

To me, in 5 years we won't see a megapump like it happened in the past. (from 10$>100$>1000$) Early phase is over long time ago. What we have now, is a small but secure growth. Which is usually boring. If we see 2k or 3k in the next 5 years, i think we would be lucky.
Nobody can foresee the real price of bitcoin, so do as much as you need to earn to be a millionaire can not say unequivocally no. Answers is all the desire of users.
sr. member
Activity: 243
Merit: 250
i think 50-100bitcoin is more than enought to start the journey as a millionear i know that is not even 1million but i can make it to that mark and i think anybody can do it by a little mind and some extra hard work
To become millionaire with maximum 100 bitcoins, we must need bitcoin prices at $10,000 levels. I guess  $10,000 price levels for one bitcoin will not be possible in next 5 years, maybe I go wrong with my speculations. Still, only with main stream adoption of bitcoins may get the levels.

At the same time, with 100 bitcoins in next 10 to 20 years will make anyone to millionaire for sure as bitcoin mining reward is will go very less in those periods.
Do you think that such a big time need to raise its revenue from bitcoin. So if you have 100btc only after 20 years, you can become rich? It makes me very puzzled. I plan to significantly faster and more profitable to invest money and make a profit for several years.
legendary
Activity: 3276
Merit: 2442
Probably more than 500.

To me, in 5 years we won't see a megapump like it happened in the past. (from 10$>100$>1000$) Early phase is over long time ago. What we have now, is a small but secure growth. Which is usually boring. If we see 2k or 3k in the next 5 years, i think we would be lucky.
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