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Topic: How many BTC will make you a fiat millionaire in 5 years? - page 22. (Read 21887 times)

member
Activity: 98
Merit: 10
Probably 1000+, if invested now. At double digit growth.  But hedge your BTCets a bit and buy some other currencies with the money as well.  My crystal ball doesnt predict prices for 5 years in the future.
hero member
Activity: 770
Merit: 500
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well i dont think that it would need a lot of bitcoins as the price of it will surely grow significantly in the future im hoping that it will be enough to own as much as 100 bitcoins to be able to leave your job after a few years and live only from bitcoins that would make my live much easier
hero member
Activity: 840
Merit: 1000
I'm going to take a random guess and say that in 5 years we will be back at the magical mark of $1000, so 1000bitcoins ish.
tyz
legendary
Activity: 3360
Merit: 1533
Assume that Bitcoin price rises 50% a year.

2015 - $450
2016 - $675
2017 - $1013
2018 - $1519
2019 - $2279
2020 - $3417

1,000,000 / 3,417 = 292 BTC
 Cool
hero member
Activity: 896
Merit: 1000
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At least 400. Suppose wethe price will be 2.5k USD (something which is possible I think), then with 400 BTC you will have 1M USD.

But if you goal is to be a millionare then try to accumulate as much as you can.

full member
Activity: 224
Merit: 100
To be sure you need more than 1000 dollars, because you never know what will happen with bitcoin.
But I think that 100 dollars is more than enough to have a good life.
legendary
Activity: 924
Merit: 1002
May be in same day even 100 btc can make you millionaire, but it may happen then to have one million in Fiat no one wants from you.  Grin
legendary
Activity: 1232
Merit: 1091
1000 Bitcoins will make you a millionaire in quite a short time possibly. But I will go for 100 Bitcoins for the very long term, and 200 Bitcoins for the medium long term.
legendary
Activity: 1330
Merit: 1003
No one knows. Polls like this are 100% pointless and have been done over and over again. The correct answer is somewhere between 0 and infinity but you don't have that as an answer.
legendary
Activity: 1232
Merit: 1000
1000 BTC is very difficult for me to get it, so I vote 100 BTC and I hope 100 BTC could make me became a millionaire Smiley
legendary
Activity: 1358
Merit: 1014
Right now, the market cap of Bitcoin is around $7 billion, which is around 10% of that of the second tier world currencies such as the Russian Ruble, Indian Rupee, and the Singapore Dollar. In an optimistic scenario, we can expect Bitcoin to catch up with these currencies, there by increasing the value by as much as 1,000%. So the exchange rate will become $4,500 per coin in 2020. That means that owning some 200 coins will make you a fiat millionaire by that time.

Gold marketcap is on the trillions of dollars.. we only need a small part of Gold owners to start putting their trust in Bitcoin to see 5 figures a coin.
I would say in the next 5 years, you would need something in the 3 figures to become a millionaire, but in the next decade, im sure people in the 21 BTC club are going to be if not millionaires near 7 figures (in dollars).
hero member
Activity: 532
Merit: 500
my vote : More than 1000BTC, of course 1000BTC will make you a millionaire, although using current prices.

legendary
Activity: 1960
Merit: 1026
500-1000BTC we do not know the price of bitcoin for the future, so 1000BTC enough to be a millionaire Cool
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
That actually depends upon the value you are willing to sell your coins at...
For example,
BTC1 = $1000, then you will need 1k BTC,
& if BTC1 = $10000, then even BTC100 would do...

If all depends upon how much time are you willing to wait in order to sell your coins higher if it ever happens, I mean if $10000 ever takes place...
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
I put more that 1000 because 5 years is a blonk of the eye. I know we've had massive jumps on less years but it will be slower to build up to the bigger numbers.
full member
Activity: 134
Merit: 100
My vote is 500-1000 BTC because a price of $1000-$2000 BTC is very easy to achieve.
sr. member
Activity: 476
Merit: 250
maybe 1000. but 5 years is still long

1000 is too much, no one can buy that amount in 5 year

a normal salary is $10k per year, which mean 25 btc per year, in 5 that's only 125, not to mention the increase in price that will happen in those 5 years

The only think that can happen if some one win a big amount of money thru casino or something. And yeah 1000 bitcoins is just to big where the hell will you save that kind of amount. For me I am fine with having 50 bitcoins I know I won't be millionair with it, but that is high for something aside that just fiat money.
legendary
Activity: 3248
Merit: 1070
maybe 1000. but 5 years is still long

1000 is too much, no one can buy that amount in 5 year

a normal salary is $10k per year, which mean 25 btc per year, in 5 that's only 125, not to mention the increase in price that will happen in those 5 years
sr. member
Activity: 280
Merit: 250
To be honest, I really don't think will survive more than five years.

To me, at least 500. Because I don't think bitcoin will be worth more than $5000 in five years. But sure, feel free to prove me along, guys.

I agree with you there. I don't think 1 bitcoin will ever be equal to 1 million dollars. You should be okay with 500 bitcoins to become a millionaire in 5 years.
That is only if bitcoin continues to grow and has risen more in value rather than dropping and experiencing dips.
legendary
Activity: 1134
Merit: 1000
How many BTC will make you a fiat millionaire ($) in 5 years? Why?

This is a question which on itself have a value one million us dollar if founded. Because is like to find something than cannot be found. So if someone is able to find something that cannot be found that mean that him is God or an unknown being. Being God a "kind" that cannot be meets the remaining one who can found something that cannot be found is the unknown being. This being, being unknown, is very hard to be contacted but if the OP is ready to give me a reward I can try to find it (but without giving the word that will do this for sure). If found he for sure will give an exact answer about the exact amount of bitcoin needed to make millionaire someone but most of all will give undeniable facts about the why of this amount. Facts that no one in this world can give. Even if jump all the day (or even the week) only with one feet.

As a conclusion: Why make threads in which everyone can tell every kind of stupid thoughts that want regarding the main post? Where is the value of this kind of threads? What new things offer this kind of threads to them who read those?
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