How many BTC will make you a fiat millionaire in 5 years? - page 16.

PokerFace3

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Quote from: bitdumper on November 11, 2016, 02:08:24 PM

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.

bitdumper

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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

farl2web

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Forecasts of course sounds good, and therefore can be called even numbers 500. But this is not a fact, because in recent bitcoin growth slowed, although 5 years is a long time and perhaps the price of bitcoin will be more than $ 2k.

audaciousbeing

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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.

chesatochi

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Quote from: Leprikon on November 01, 2016, 03:29:03 PM

Judging by the rapid increase in the price of Bitcoin, 500 BTC can make anyone a millionaire

To have 500 right now, is already a nice amount to have in Bitcoin. I think in 5 years you will need less than 500 to reach 1 million. But, everything is relative where you live and the amount you need to buy the groceries, rent, etc...

Leprikon

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Judging by the rapid increase in the price of Bitcoin, 500 BTC can make anyone a millionaire

anasis

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Quote from: Blitzboy on November 01, 2016, 02:40:47 PM

Due to the economic situation, i think you must have more than 100 bitcoin to become rich after 5 years. Bitcoin's price always goes up although at the present the increasing happens slowly. Thus, you will need to have a large amount of bitcoin so that you can easily earn profit from it

If this prediction come true is very much bitcoin users become millionaires. If you already next year is expected for the $ 1k 1btc it is quite possible that in 5 years the price will rise by several times.

Blitzboy

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Due to the economic situation, i think you must have more than 100 bitcoin to become rich after 5 years. Bitcoin's price always goes up although at the present the increasing happens slowly. Thus, you will need to have a large amount of bitcoin so that you can easily earn profit from it

crairezx20

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Quote from: eXtatiC on November 01, 2016, 02:29:03 PM

I guess 500-1000 bitcoin we need to become a fiat millionaire in 5 years.

Its a large amount of money and bitcoin.. here in my country i think 25 btc to 30 btc is enough to hold and if the price will touch in 1400 value we can be millionaire.. if you are live in US 25 to 30btc is small amount to hold but here in my country it is a large amount of money..

maister77777

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Quote from: crairezx20 on November 01, 2016, 02:13:38 PM

Quote from: eminem90 on November 01, 2016, 02:04:02 PM

Quote from: Xester on October 31, 2016, 12:03:16 PM

Quote from: arseaboy on October 31, 2016, 10:43:49 AM

Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.

We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up.

$ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough.

If you are in US country 100 btc is enough to hold bitcoins for a long time that can be millionaire if the price is keep rising..
but here in my country 30-40 btc is enough to hold and i think if the price is keep rising until 1400 value we can be rich in that amount and be millioniare..

And then you can do to become a millionaire in a short period of time without having a sufficient number of bitcoin on their wallets.

eXtatiC

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I guess 500-1000 bitcoin we need to become a fiat millionaire in 5 years.

oblivi

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An investment of 10 dollars back in 2010 would make you a millonaire in 2016.
In 5 years an investment of 10.000 dollars will make you a millionaire. So I would say about 20 to 30 BTC is enough to be rich in 5 years. Things change faster than most people can perceive.

bitdumper

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i think if i have 50-100 btc then i can surely aquire the millionare status in some years with some hard work and brain use and yes after becoming a millionare i have to hold that money too for a long time :v

crairezx20

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Quote from: eminem90 on November 01, 2016, 02:04:02 PM

Quote from: Xester on October 31, 2016, 12:03:16 PM

Quote from: arseaboy on October 31, 2016, 10:43:49 AM

Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.

We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up.

$ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough.

If you are in US country 100 btc is enough to hold bitcoins for a long time that can be millionaire if the price is keep rising..
but here in my country 30-40 btc is enough to hold and i think if the price is keep rising until 1400 value we can be rich in that amount and be millioniare..

eminem90

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Quote from: Xester on October 31, 2016, 12:03:16 PM

Quote from: arseaboy on October 31, 2016, 10:43:49 AM

Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.

We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up.

$ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough.

elena-tur

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Quote from: gandame on October 31, 2016, 03:55:50 PM

Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.

If it were possible even ten years ago to buy bitcoin on the price of a few coins, then I would have even at today's value would be a very rich man. But even some 1000btc would be a good savings.

SmirnoffVany

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Quote from: ?? on ??

Quote from: gandame on October 31, 2016, 03:55:50 PM

Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.

I don't think so that is enough be a millionaire if you are maxing out 500 bitcoins for it for 5 years I don't think so that will be sufficient. Because we need to consider on how the price of bitcoin is going to be on that years. So we need to consider both, price of bitcoin and volume of bitcoin. But each after year, price of bitcoin is increasing so maybe that would be $1,000 - $5,000 after all. So 1,000 bitcoins will make you millionaire for it.

If this dream is really possible to become very wealthy. But the reality is probably quite a different format. If bitcoin will rise in price, increasing their own savings in cryptocurrency will bring a very good income.

gandame

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Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.

spazzdla

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1000 or more... interesting.

Aamir1

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Between 100-500 i guess, because as we can see the price of bitcoin has a growing nature so by then it would probably reach a high extent and even if it reaches 5k$ per coin we would become millionaire if we have that much bitcoins i mentioned.

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