How many BTC will make you a fiat millionaire in 5 years? - page 4.

angaper

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Quote from: ifightformerkel on February 06, 2017, 05:56:09 PM

In my opinion in 5 years the btc price will be at 20.000 Dollar.

So you would need minimum 50 btc to be a fiat millionair.

I think really think that the btc price will be maybe higher, but 20k is realistic.

Why not? Sometimes I have been a bit pessimistic about these interesting figures, but when I analyze the potential of bitcoin and compare it with the global financial situation to be expected in five years, it doesn't seem so unlikely a future scenario when the bitcoin price achieve 20k at least.

ifightformerkel

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In my opinion in 5 years the btc price will be at 20.000 Dollar.

So you would need minimum 50 btc to be a fiat millionair.

I think really think that the btc price will be maybe higher, but 20k is realistic.

elena-tur

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Quote from: t3ChNo on February 06, 2017, 05:22:51 PM

Assuming there is no problem with bitcoin like issues, regulations, stability every month, it should reach at least around $2500-$3000 in five years. We need 500-1000 to be fiat millionaire, it seems such a decent amount.

I also believe in such cryptocurrency growth rates over the next few years, but it seems to me that this is not at all enough to collect a vast fortune and get the status of a millionaire.

t3ChNo

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If there won't be any problems with Bitcoin in the future, hopefully it should reach around the $2000 mark in the next few years. We have seen how it moves recently so having Bitcoin maybe at least 100 should make you a decent millionaire.

one-day0

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Quote from: Pab on February 06, 2017, 04:39:24 PM

Depends what fiat currency,also depends on economic situation in developed countrys,lets say euro will crash,i believe euro will crash,than even 0.100 can make milionoier but euro will worthless, To be more realistic inflation is coming back to europe,same will be in USA,if turn in to hyper inflation than 1Btc can be 10k$ easy,if derivative market will crash than only one way will be new begining
Price is relative value is importent

You are very attached to the course cryptocurrency economic conditions in different countries and even the world financial system. Of course the value of bitcoin all want the more the better, but the forecast at the level of $ 10k this particular belief in a bright future bitcoin.

Pab

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Depends what fiat currency,also depends on economic situation in developed countrys,lets say euro will crash,i believe euro will crash,than even 0.100 can make milionoier but euro will worthless, To be more realistic inflation is coming back to europe,same will be in USA,if turn in to hyper inflation than 1Btc can be 10k$ easy,if derivative market will crash than only one way will be new begining
Price is relative value is importent

chrisivl

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In five years, it is very difficult to become a millionaire, even if doing bitcoin. This is another area having sufficient cash resources can make millions in a few years, and I am taking into account first.

Grdas130979

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The truth is out there

I vote 100-500 since i believe that there will be mass adoption in some years and BTC will be used as a safe heaven to troubled times ahead.

eduaro66

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Quote from: basesaw on January 24, 2017, 11:21:35 AM

Quote from: markyminer on January 24, 2017, 10:58:12 AM

Quote from: AjithBtc on January 24, 2017, 09:46:54 AM

At least a minimum of 100btc is required to make one a millionaire in terms of fiat. The count 100btc is a possible amount to be earned in 5years time.

to become a mallinioun you must have 2000 Bitcoins i think

here in our country the value of 2000 bitcoin is almost 90 million. so it depends where state you came from. in united states the value of 2000bitcoin is almost 2 million dollars. it depends also when to sell or buy bitcoin. today we know that bitcoin is volatile it changes from time to time. today bitcoin is 930usd, we dont know whats the value of bitcoin to the next 5years.

In general, the market price of bitcoin is around $ 1017 for 1btc and it is not so little. True to become a millionaire in five years, it is necessary to distinguish between the price several times from the current level.

berserkinterbuy

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Quote from: Oggy1987 on January 24, 2017, 01:41:03 PM

I voted 100-500. More exact answer in my opinion would be 200. I dont see price going much higher then $5000 in next 5 years. Dont get me wrong, that would be great price, but would not make a millionar

I'm very happy that my bitcoin price crossed a boundary in $ 1,000, but do you think you'd expect the price of bitcoin in the neighborhood of $ 5,000. I think it's fiction or region or for such growth should be more than 5 years.

Oggy1987

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I voted 100-500. More exact answer in my opinion would be 200. I dont see price going much higher then $5000 in next 5 years. Dont get me wrong, that would be great price, but would not make a millionar

basesaw

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Quote from: markyminer on January 24, 2017, 10:58:12 AM

Quote from: AjithBtc on January 24, 2017, 09:46:54 AM

At least a minimum of 100btc is required to make one a millionaire in terms of fiat. The count 100btc is a possible amount to be earned in 5years time.

to become a mallinioun you must have 2000 Bitcoins i think

here in our country the value of 2000 bitcoin is almost 90 million. so it depends where state you came from. in united states the value of 2000bitcoin is almost 2 million dollars. it depends also when to sell or buy bitcoin. today we know that bitcoin is volatile it changes from time to time. today bitcoin is 930usd, we dont know whats the value of bitcoin to the next 5years.

markyminer

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Quote from: AjithBtc on January 24, 2017, 09:46:54 AM

At least a minimum of 100btc is required to make one a millionaire in terms of fiat. The count 100btc is a possible amount to be earned in 5years time.

although the number of bitcoin also important that if you have a good amount of bitcoin then you can become a millionaire, but i think it also depend on the price of bitcoin. if the price of bitcoin is trading above 1000 USD then even 1000 to 1200 USD is also enough to become a millionaire. and so the value can be change with price change of bitcoin. so if we calculate the preset price of bitcoin when it is trading just above 900 USD therefore i think 1500 USD will be enough for becoming a millionaire.

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At least a minimum of 100btc is required to make one a millionaire in terms of fiat. The count 100btc is a possible amount to be earned in 5years time.

canah17

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Quote from: bitsmichel on December 19, 2015, 07:51:00 AM

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

Well i voted for 100-500 its enough for me to be a billionaire and Yes! if i earn up much bitcoin as a usually do Cheesy

and store it in my wallet until my five years so that i would be a millionaire if bitcoin will become more and more exceeds up Cheesy

storing bitcoin is the best to make you a billionaire but don't ever forget you must work hard to achieve that for example double time earning bitcoin have a profitable income like Cheesy

i post in this forum and do trading and gambling Cheesy

i really want to be a millionaire Cheesy

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Quote from: basesaw on January 23, 2017, 11:42:09 AM

theres some differences in fiats all over the world. here in my country you can be a millionaire if you got just 20 bitcoins. so earning for about the average of .8 per month will give .6 btc per month will give you a 20bitcoins per year. so it always depends. when youre in the united states of america it is much harder for you to earn your first million fiat using bitcoin.

I found this to be correct, since the OP didn't mention anything about which currency is he looking at except that ($) in the middle of his statement, therefore, if we look at it as to our local currency there will be differences. EU and countries there will need a lot of bitcoins to be a millionaire while countries from Asia and other countries where fiat's value is lesser than US$ will need lesser amount of bitcoin to be a millionaire in their place.

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Quote from: ingiltere on January 23, 2017, 10:14:33 AM

Quote from: wildan88 on January 23, 2017, 08:27:21 AM

halving earlier really has no effect on the price of bitcoin, but rumors before halving pretty well bring price increases at the time.

First you need to learn basics. Halving always make Bitcoin greater spikes in history, check previous halving price charts if you don't know. The bull run start before halving and make a new support in new highs after halving. This will probably the last important halving because total mined coins is already more than 16 million. Mining will lose its biggest role, that's good for Bitcoin price though.

I know, halving earlier when it increased before halving occurred. you have to look at the fact that after halving occurred no increase, even after that case hacker bitfinex and the price of getting down. prices increased early in the year of 2017. yeah perhaps halving effect do not directly occur.

PokemonFun

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I am hoping that bitcoin price will be maximum about 2000 dollars worth so I think that 100-500 bitcoin will be enought for us to become a fiat millionaire in 5 years.I think that Donald Trump if allow laws which will give kaboom to bitcoin price if he want to do that will pump bitcoin price to 1000-1500 dollars and when bitcoin become more popular in our big world then bitcoin price will be 1500-2500$ because bitcoin growing speed is really decreased so I dont expect some big kaboom because of USA laws for bitcoin or because world more using in % bitcoin.I want bitcoin price at least 10000$ because then I will be able to become a millionaire with a low amount of bitcoin but it is really hard to happent that I have 0 hope for that.

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Quote from: ingiltere on January 23, 2017, 07:30:33 AM

We are in 2017 and if we talk about 2022 I think Bitcoin would be 5k to 10k so if you want to be a fiat (dollar) millionaire you need at least 100 to 200 BTC in your wallet. I consider next halving and more adoption rate so we can see 5k, it's a realistic value in 5 years.

That's also my quantity on how many bitcoins that I need to become fiat millionaire. I may not be dollar a millionaire but that can make me a wealthy and that will give me a financial freedom. And hopefully that the value of bitcoin will be that amount and it can make each bitcoin to have that bigger price that can make it more precious.

basesaw

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theres some differences in fiats all over the world. here in my country you can be a millionaire if you got just 20 bitcoins. so earning for about the average of .8 per month will give .6 btc per month will give you a 20bitcoins per year. so it always depends. when youre in the united states of america it is much harder for you to earn your first million fiat using bitcoin.

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