How many BTC will make you a fiat millionaire in 5 years? - page 6.

eduaro66

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Quote from: LegendsRoomLV on January 22, 2017, 11:53:26 AM

Quote from: sunsilk on January 22, 2017, 10:57:39 AM

Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

So how many bitcoins will make you a fiat millionaire for 5 years? We all know that we need to invest our money now, that isn't sacrificing at all.

But as long as you can see that a potential profit is always going to be guaranteed with bitcoin, then that's going to be worth it.

I assume that 100-1,000 BTC is guaranteed to make me a fiat millionaire.

I was thinking 100 BTC also.

You quite seriously think that all 100btc enough to become a millionaire? Then bitcoin price minimum should be $ 10,000 windows. I certainly believe in the great potential bitcoin, but that on many, it seems to me fantastic.

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Quote from: sunsilk on January 22, 2017, 10:57:39 AM

Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

So how many bitcoins will make you a fiat millionaire for 5 years? We all know that we need to invest our money now, that isn't sacrificing at all.

But as long as you can see that a potential profit is always going to be guaranteed with bitcoin, then that's going to be worth it.

I assume that 100-1,000 BTC is guaranteed to make me a fiat millionaire.

I was thinking 100 BTC also.

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Quote from: PacePay on January 22, 2017, 11:07:19 AM

Quote from: slapper on January 15, 2017, 08:39:41 AM

Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

Well, if you expect to be rich with only 10 Bitcoin, i think it will never ever happen. We all believe that Bitcoin will increase but although I am a positive man, I dont think 1 bitcoin will equal to $100000. You need to buy more Bitcoin or obtain more Bitcoin from working or trading or even gambling

But some countries even with the current price only 10 bitcoins are enough to become rich or start a business and just think if that person will have that 10 bitcoins after 5 years then he will be able to start a factory with that money.

You got the point 10 btc also for me is enough to be rich in the future or to start my own bitcoin business that i think if i can increase it more bitcoin and the price of bitcoin also increase so there is possibility that i can be rich in the future. if you success in your business.. everything in business has risk so try and success is always happening and experience if you that can help you to perfect it in the future..

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Quote from: PacePay on January 22, 2017, 11:07:19 AM

Quote from: slapper on January 15, 2017, 08:39:41 AM

Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

Well, if you expect to be rich with only 10 Bitcoin, i think it will never ever happen. We all believe that Bitcoin will increase but although I am a positive man, I dont think 1 bitcoin will equal to $100000. You need to buy more Bitcoin or obtain more Bitcoin from working or trading or even gambling

But some countries even with the current price only 10 bitcoins are enough to become rich or start a business and just think if that person will have that 10 bitcoins after 5 years then he will be able to start a factory with that money.

Yes possible, but usually I do consider US dollars alone for fiat millionaire for that we must need more than 1000 bitcoins with respect to current bitcoin prices. Because we need to compare based on the buying power of our fiat rather than comparing just the count of fiats. Still, our life style is based on our local fiat only so we can get satisfaction by being local fiat millionaire too.

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Quote from: slapper on January 15, 2017, 08:39:41 AM

Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

Well, if you expect to be rich with only 10 Bitcoin, i think it will never ever happen. We all believe that Bitcoin will increase but although I am a positive man, I dont think 1 bitcoin will equal to $100000. You need to buy more Bitcoin or obtain more Bitcoin from working or trading or even gambling

But some countries even with the current price only 10 bitcoins are enough to become rich or start a business and just think if that person will have that 10 bitcoins after 5 years then he will be able to start a factory with that money.

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Quote from: target on January 22, 2017, 10:53:10 AM

Quote from: moonya on January 22, 2017, 10:36:59 AM

Quote from: HabBear on January 15, 2017, 12:27:59 PM

Are you asking how many bitcoin we must buy (based on our current balance) to achieve millionaire status?

Right now anyone achieving millionaire status in Dollars needs 1212 bitcoins to reach that mark.

Such an amount of bitcoin as you mentioned should be at the current rate for millionaire status, but think how much time and how you need to make a number of coins for the goal to obtain the status of a millionaire. This is a very long and arduous journey.

It really is a good thing if someone could teach us how to earn 1200 btc in a short time by trading or by investing to some tokens. Its somehow getting late to invest to other coins because its only then you realize they are worth investing when you start to see the price is a lot higher than before.

They say try and try until you die trying so even if it will take more than 10 years to bank such amount, its still going to be worth a try.

What's the point of collecting and preserving bitcoin not spending it on what, if then death comes and you can not see how to turn the moment into a millionaire, only posthumously. I also can not imagine how it is better to earn that amount of bitcoin.

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Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

So how many bitcoins will make you a fiat millionaire for 5 years? We all know that we need to invest our money now, that isn't sacrificing at all.

But as long as you can see that a potential profit is always going to be guaranteed with bitcoin, then that's going to be worth it.

I assume that 100-1,000 BTC is guaranteed to make me a fiat millionaire.

target

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Quote from: moonya on January 22, 2017, 10:36:59 AM

Quote from: HabBear on January 15, 2017, 12:27:59 PM

Are you asking how many bitcoin we must buy (based on our current balance) to achieve millionaire status?

Right now anyone achieving millionaire status in Dollars needs 1212 bitcoins to reach that mark.

Such an amount of bitcoin as you mentioned should be at the current rate for millionaire status, but think how much time and how you need to make a number of coins for the goal to obtain the status of a millionaire. This is a very long and arduous journey.

It really is a good thing if someone could teach us how to earn 1200 btc in a short time by trading or by investing to some tokens. Its somehow getting late to invest to other coins because its only then you realize they are worth investing when you start to see the price is a lot higher than before.

They say try and try until you die trying so even if it will take more than 10 years to bank such amount, its still going to be worth a try.

moonya

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Quote from: HabBear on January 15, 2017, 12:27:59 PM

Are you asking how many bitcoin we must buy (based on our current balance) to achieve millionaire status?

Right now anyone achieving millionaire status in Dollars needs 1212 bitcoins to reach that mark.

Such an amount of bitcoin as you mentioned should be at the current rate for millionaire status, but think how much time and how you need to make a number of coins for the goal to obtain the status of a millionaire. This is a very long and arduous journey.

sourris01

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Quote from: scox on January 15, 2017, 01:58:09 PM

Bunch of predictions with no true basis. Fluctuation will continue and bitcoin will stabilize. After the reward split it will be a complete mystery. It will virtually eliminate a main factor of price variation which is computational power.

To answer the question with more or less the right answer, it is necessary to have estimates of the real state of affairs. Initially, we must assume the real lesson of earnings bitcoin and only then compare the price and the right time for this.

scox

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Bunch of predictions with no true basis. Fluctuation will continue and bitcoin will stabilize. After the reward split it will be a complete mystery. It will virtually eliminate a main factor of price variation which is computational power.

HabBear

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Are you asking how many bitcoin we must buy (based on our current balance) to achieve millionaire status?

Right now anyone achieving millionaire status in Dollars needs 1212 bitcoins to reach that mark.

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Quote from: Shiroslullaby on January 15, 2017, 08:31:14 AM

5 years is hard to say.
There could be some big development that would push the price to the $5,000 to $10,000 range,
or it could still be around the $1,000 range.

Its very hard to say in my opinion because we are at a new stage in crypto.
There are finally some decent competitors and coins coming out that provide different uses for spending them like data storage/ verification, game micro-transactions, etc.
Bitcoin probably won't be replaced in the next 5 years but the future looks MUCH different than 2012 to 2017 did.

That is probably true that anything can happen. I also feel sometimes that maybe the price will stay in the same area where it is right now even after many years because it may go high and again come down like how it did right now, and who knows? maybe the process will continue for about 4 to 5 years, and also it may touch the sky anytime.

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Quote from: Edraket31 on January 15, 2017, 08:25:54 AM

I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

Well, if you expect to be rich with only 10 Bitcoin, i think it will never ever happen. We all believe that Bitcoin will increase but although I am a positive man, I dont think 1 bitcoin will equal to $100000. You need to buy more Bitcoin or obtain more Bitcoin from working or trading or even gambling

Shiroslullaby

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5 years is hard to say.
There could be some big development that would push the price to the $5,000 to $10,000 range,
or it could still be around the $1,000 range.

Its very hard to say in my opinion because we are at a new stage in crypto.
There are finally some decent competitors and coins coming out that provide different uses for spending them like data storage/ verification, game micro-transactions, etc.
Bitcoin probably won't be replaced in the next 5 years but the future looks MUCH different than 2012 to 2017 did.

Edraket31

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I am in a positive side that bitcoin price will push through and unexpected will come in our way. Of course, you have to sacrifice your money now, make sure you don't withdraw it if you really want to become millionaire after 5 years if not, then you are just dreaming and just be happy for the success of others.

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More than 1000btc because the price of bitcoin price will surely increase 5 years from now. Even if you have 1000btc right now you will be a fiat millionaire for sure.

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Quote from: tabas on January 09, 2017, 07:25:46 AM

Quote from: manyuta on January 08, 2017, 09:55:54 AM

Quote from: tabas on January 07, 2017, 08:42:40 AM

Quote from: Kevin77 on January 07, 2017, 04:30:12 AM

Quote from: tabas on January 06, 2017, 12:02:43 AM

Quote from: Bitcoin0916 on January 05, 2017, 11:55:18 PM

Quote from: Bitcotalk on January 05, 2017, 06:50:42 PM

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.

I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.

Yeah for those people who are living in the third world countries 2 digit amount of bitcoin is already enough to become millionaire. But still it will be the best thing if you are going to hold hundreds or thousands of bitcoins. And still the floor price of bitcoin is still unidentified, hoping that everything will be always in the favor of holders.

I
You people mean 10 bitcoins ? Then we must need bitcoin prices at 0.1 million dollars for considering decent fiat equivalent.

I am not finding any feasibility of having bitcoin prices to that big high in next 5 years still I may go wrong when yuvan again start losing its worth. Yes, we need to depend on Chinese investors for becoming millionaires Roll Eyes

Do not be so selfish to become millionaire by yourself alone. Make your friends also adopt bitcoin to become millionaire then we can fasten the possibilities (obviously without need of Chinese hand).

Let's say 10 bitcoins and up, yes that is much enough already for those countries. Mostly those countries are just minimum earners and even attain to live $1 a day. And I'm not even that selfish either, as a matter of fact I used to share bitcoin with a close friend but a twist did happened that he is already in bitcoin for almost 4 years and managed to earn 10 BTC/monthly from deep web and basically he is now filthy rich.

I hope that in the next few years the price of bitcoin increase several times, and so fulfill the dream of a millionaire in the soul, it will be easier. True work at the auction will not be so easy.

For sure that is going to happen for the next years but two possible thing will happen, its price increase can happen rapidly or it can increase slowly. However, whatever will be the way of its increase still it is designed to keep on increasing since we are nearing for reaching its total supply and many people are adopting it.

For me it depends upon how the movement of bitcoin works in five years,when you hold more than 100-500 btc then you can be a fiat millionare in five years,still it is unpredictable it merely depends on how its movement will work for the 5 years run.

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Quote from: manyuta on January 08, 2017, 09:55:54 AM

Quote from: tabas on January 07, 2017, 08:42:40 AM

Quote from: Kevin77 on January 07, 2017, 04:30:12 AM

Quote from: tabas on January 06, 2017, 12:02:43 AM

Quote from: Bitcoin0916 on January 05, 2017, 11:55:18 PM

Quote from: Bitcotalk on January 05, 2017, 06:50:42 PM

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.

I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.

Yeah for those people who are living in the third world countries 2 digit amount of bitcoin is already enough to become millionaire. But still it will be the best thing if you are going to hold hundreds or thousands of bitcoins. And still the floor price of bitcoin is still unidentified, hoping that everything will be always in the favor of holders.

You people mean 10 bitcoins ? Then we must need bitcoin prices at 0.1 million dollars for considering decent fiat equivalent.

I am not finding any feasibility of having bitcoin prices to that big high in next 5 years still I may go wrong when yuvan again start losing its worth. Yes, we need to depend on Chinese investors for becoming millionaires Roll Eyes

Do not be so selfish to become millionaire by yourself alone. Make your friends also adopt bitcoin to become millionaire then we can fasten the possibilities (obviously without need of Chinese hand).

Let's say 10 bitcoins and up, yes that is much enough already for those countries. Mostly those countries are just minimum earners and even attain to live $1 a day. And I'm not even that selfish either, as a matter of fact I used to share bitcoin with a close friend but a twist did happened that he is already in bitcoin for almost 4 years and managed to earn 10 BTC/monthly from deep web and basically he is now filthy rich.

I hope that in the next few years the price of bitcoin increase several times, and so fulfill the dream of a millionaire in the soul, it will be easier. True work at the auction will not be so easy.

For sure that is going to happen for the next years but two possible thing will happen, its price increase can happen rapidly or it can increase slowly. However, whatever will be the way of its increase still it is designed to keep on increasing since we are nearing for reaching its total supply and many people are adopting it.

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Quote from: markyminer on January 08, 2017, 07:43:09 PM

Quote from: slapper on January 07, 2017, 06:08:39 AM

I think we must have at least 100 Bitcoin if we ever want to be a millionaire in the next 5 years. Bitcoin prices slowly increase every year so I think the highest prices it can reach per 1 bitcoin is 10000$. Anyhow, investing money in bitcoin is still the best option right now. In the future, I think the situation will change and we need to buy other cryptos if we want to be rich again

but to me i think we cannot give a fxed limit for become a millionior in next 5 years and the reason is that actually no one know about the actual price of bitcoin at that time. i think it depend on the price of bitcoin.

Of course, but still we have to project as that is the real businessman or investor does. 5 years is actually a short term period to become millionaire but I still believe it's possible, it depends on how we make effort to reach our goal and having a good should be specific therefore BTC1,000 is already a good number of bitcoins to raise.

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