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Topic: How many BTC will make you a fiat millionaire in 5 years? - page 21. (Read 21836 times)

member
Activity: 70
Merit: 10
Probably around 1000 I'd say.
legendary
Activity: 2674
Merit: 1048
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
i estimate we need 100 to 1000 Bitcoin to become a millionaire within the next 5 years, not because I'm sure the price will bitcoin very well and continues to rise within the next 5 years, it is because I expect a very high price bitcoin at that time.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
Just 100 BTC should suffice. If it survives for another 5 years its price will be high and fiat will inflate like crazy.
member
Activity: 112
Merit: 10
My gut says around 400. Which if you want to grow it into that in five years you will need atleast 100 or so today in hopes that you can double it up atleast twice within the five years, through loaning or some other source of income
sr. member
Activity: 420
Merit: 250
I will pull a total guess out of my ass - 400.

I think that's achievable within five years.

It's a weird guess but most of the guesses coming out from one's asses are weird.. :S

I do think you should hold over 1000 bitcoins to become a fiat millionare
1000 bitcoins * 1000 USD would give you 1.000.000 USD


James bro you have some good calculation magic in you. I feel the force is strong with you.
1000 bitcoins at 1000 USD is reallistic even for pessimists.

legendary
Activity: 1218
Merit: 1000
I will pull a total guess out of my ass - 400.

I think that's achievable within five years.

It's a weird guess but most of the guesses coming out from one's asses are weird.. :S

I do think you should hold over 1000 bitcoins to become a fiat millionare
1000 bitcoins * 1000 USD would give you 1.000.000 USD

meant to be more than 1000 BTC, maybe we should have a minimum of 10,000 BTC at a high price in order to become a millionaire
sr. member
Activity: 448
Merit: 250
I will pull a total guess out of my ass - 400.

I think that's achievable within five years.

It's a weird guess but most of the guesses coming out from one's asses are weird.. :S

I do think you should hold over 1000 bitcoins to become a fiat millionare
1000 bitcoins * 1000 USD would give you 1.000.000 USD
legendary
Activity: 1288
Merit: 1087
I will pull a total guess out of my ass - 400.

I think that's achievable within five years.
legendary
Activity: 1442
Merit: 1014
I won't be as optimistic as most people here and I'll say that you'd need between 500 and 1000 coins, but more 1000 than 500. I think that price will be around 1000$ per BTC.

Well I hope to see $1000 next year!
A price prediction for 2020 is really hard and almosr impossible.
If we mess it up it will close to zero.
If we continue to grow as a whole new industry the value could be several thousands, probably some mid to higher 4 digits I would say.
legendary
Activity: 3206
Merit: 1069
I think 1000 or more should be enough for that but who can predict how the price will be in 5 years from now

the problem would be to acquire those 1000 than predicting the price and hoping for 10k or more per btc

any amount that is not reacheable by any average joe, should not be taken into account as a suggestion
legendary
Activity: 2982
Merit: 1485
If I know I'd hold that much coins but we never know the future. We only predict it and most predictions come eventually wrong. I prefer to hold as much coins as it would go up but I never rely on this and continue to work harder.
member
Activity: 98
Merit: 10
I'm hoping its 10,000 Satoshi  Cool
legendary
Activity: 1120
Merit: 1004
I won't be as optimistic as most people here and I'll say that you'd need between 500 and 1000 coins, but more 1000 than 500. I think that price will be around 1000$ per BTC.
legendary
Activity: 1218
Merit: 1000
I need a bitcoin 10,000 BTC that can make me a millionaire the next 5 years, but the money I would invest some% and I will also distribute to the poor, because I will always remember those who hunger  Smiley
member
Activity: 70
Merit: 10
IMO 1,000 BTC might be enough to reach 1 million dollar in 5 years, depending on the movement of BTC price though.
legendary
Activity: 2912
Merit: 1068
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I think 1000 or more should be enough for that but who can predict how the price will be in 5 years from now
full member
Activity: 140
Merit: 100
More than a thousand IMO, I think BTC price will increase but it's very difficult to estimate how much exactly since it depend on offer and demand, I think BTC might be around $1000 in 5 years (just a guess) and so one million dollar for a thousand but in the same time BTC price is very volatile to predict realistically.
legendary
Activity: 1316
Merit: 1000
IMHO in end of 2016 we will break 1500$ and then only sky is the limit so 100 BTC make you millionaire after 5 years. 10k$ will be new ATH.
legendary
Activity: 1442
Merit: 1014
I think 200 bitcoin will make you a fiat millionaire. The price will rise to $5000 in 5 years.

Brave prediction.But not impossible.
Let's assume we can make the 1000 again next year during or after halving.And this time at a sustainable level.
Then we would have 4 more years to reach the 5k. This would mean an average increase of 1k per year to make the 5k at the end of 2020. During this time there has to come 1 or 2 bigger waves of new users and fresh money, plus some great progress in the ecosystem otherwise this 5k will not happen I think.
In the end everything is possible.From 0 to moon! Cheesy
sr. member
Activity: 252
Merit: 250
I think 200 bitcoin will make you a fiat millionaire. The price will rise to $5000 in 5 years.
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