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Topic: How many BTC will make you a fiat millionaire in 5 years? - page 7. (Read 21836 times)

hero member
Activity: 532
Merit: 500
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.
legendary
Activity: 1372
Merit: 1008
If even now assume that bitcoin will rise to $ 1,000 measured for btc, it means that you need to have 1k btc on the purse to become a millionaire. But five years is the number of bitcoin probably difficult to collect.
for the next 5 years would be more than the price today, will probably be more than $ 1,000. possible price in range $ 1,500
At least you need 500-1000 btc. it will make you a millionaire in five years to come
sr. member
Activity: 448
Merit: 250
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$. Anyhow, investing money in bitcoin is still the best option right now. In the future, I think the situation will change and we need to buy other cryptos if we want to be rich again
getting your first bitcoin is the hurdle if you are planning to accumulate the coin from different sources and if you are planning to invest in bitcoin and a good initial invest is what is needed to multiply the coins you have in your arsenal since bitcoin being a high volatile market it is without any regulation at the moment you can really maximize the profit within a year and the target of 100 can be achieved pretty soon.But the question is will bitcoin be worth 5 years from now.
legendary
Activity: 1386
Merit: 1058
How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Let us be realistic for now so I would go for more than 1000 bitcoin based on its current value now.
But, if the bitcoin continue to rise less than 1000 bitcoin would make you a millionaire in 5 years if you just hold your bitcoin and wait for it.
That is why hold your bitcoin as much as you can before you feel sorry in coming years as I do.
the higher the bitcoin price will be even richer we are in the future later. 1000 BTC at this time may be around $ 900,000. it is a very large amount. I can not imagine what will happen to you, if you are still holding 1000 BTC several years to come, I'm sure you'd be a billionaire
Yes, 1000 is a big big big amount if we compare and convert it to USD, but I believe  it is not so easy to earn 1000 bitcoin, I think to earn such a big amount of bitcoin you need to have some good investment, some good strategy and way of earning bitcoin and after that you can be able to earn 1000 BTC..
full member
Activity: 195
Merit: 100
Theres quite a lot of people who seem to think 100 bitcoins is going to be the number but imo theres no way that will be anywhere near enough to become a millionaire, Reaching 10k per coin in such a short time would not be good for bitcoin, If for some reason it reached that high so quickly then it would dump just as fast and hard. 100 bitcoins would still be a good number to have but you wont be a millionaire.
Very brave count. Of course that in five years 100btc probably possible to trade or to the Main, and given the pace of production, the projected price will rise up. But I'm not sure what to $ 10,000.
sr. member
Activity: 274
Merit: 250
It would be interesting to learn more in general how many bitcoin really do earn and collect over 5 years. If you know the actual numbers and you can calculate what you can expect.
full member
Activity: 152
Merit: 100
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.
sr. member
Activity: 258
Merit: 250
If even now assume that bitcoin will rise to $ 1,000 measured for btc, it means that you need to have 1k btc on the purse to become a millionaire. But five years is the number of bitcoin probably difficult to collect.
sr. member
Activity: 265
Merit: 250
I was feeling like 5-10 is more than enough seeing the current situations. But clicked on 10-25 just to fulfill the weird behaviors of the bitcoin market. I guess that will make you a millionaire for sure. Some people say Satoshi is holding more than a million Bitcoins, so who knows..?
Well, I am fully confident that the creator of bitcoin certainly not only a millionaire in dollar currency, it has millions of bitcoin.
hero member
Activity: 3024
Merit: 745
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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 $1 a day. And I'm not even that selfish either, as a matter of fact I used to share bitcoin with a close friend but a twist did happened that he is already in bitcoin for almost 4 years and managed to earn 10 BTC/monthly from deep web and basically he is now filthy rich.
legendary
Activity: 1512
Merit: 1010
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I was feeling like 5-10 is more than enough seeing the current situations. But clicked on 10-25 just to fulfill the weird behaviors of the bitcoin market. I guess that will make you a millionaire for sure. Some people say Satoshi is holding more than a million Bitcoins, so who knows..?
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
Theres quite a lot of people who seem to think 100 bitcoins is going to be the number but imo theres no way that will be anywhere near enough to become a millionaire, Reaching 10k per coin in such a short time would not be good for bitcoin, If for some reason it reached that high so quickly then it would dump just as fast and hard. 100 bitcoins would still be a good number to have but you wont be a millionaire.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
I think we must have at least 100 Bitcoin if we ever want to be a millionaire in the next 5 years. Bitcoin prices slowly increase every year so I think the highest prices it can reach per 1 bitcoin is 10000$. 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

100 bitcoin won't suffice... Remember, we haven't even break the old ATH, and that means, that level is so high for bitcoin by now, and if we pass that level, I think it will start to go back just like this again... It seems like the history of bitcoin keeps on happening over and over again, and by that, I think 100 bitcoin won't be enough... We need more than that if we want to be a millionaire after five years...  Smiley
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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
legendary
Activity: 1652
Merit: 1057
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).
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
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.
full member
Activity: 238
Merit: 100
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.
hero member
Activity: 644
Merit: 501
...

I decided to be optimistic, perhaps too optimistic in my poll response.  And of course it is impossible to predict with any accuracy and precision just what the price will be tomorrow evening, much less in 5 years...

Still, I picked 100 - 500 BTC, with my best wankery guess at some $4000 (average year price in 2022), 250 of 'em would yield you the $1,000,000.

My guess assumes no severe inflation (might not be a good assumption...), so +/- $4000 in real US$ terms.  My guess is, of course, worth nothing, but it does offer up an idea of what could happen.

Well, I think that there is definitely going to be a lot of inflation. Probably a deflation first and then an inflation, in my opinion.

That in itself would drive up the commodity prices, and bitcoin is a commodity as well. As bitcoin is a disinflationary currency that means that the inflation rate goes down over time. When people realise that they will buy into bitcoin, driving the price up.
legendary
Activity: 2912
Merit: 1852
...

I decided to be optimistic, perhaps too optimistic in my poll response.  And of course it is impossible to predict with any accuracy and precision just what the price will be tomorrow evening, much less in 5 years...

Still, I picked 100 - 500 BTC, with my best wankery guess at some $4000 (average year price in 2022), 250 of 'em would yield you the $1,000,000.

My guess assumes no severe inflation (might not be a good assumption...), so +/- $4000 in real US$ terms.  My guess is, of course, worth nothing, but it does offer up an idea of what could happen.
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
Can 1 bitcoin equal to 1 million in the future?

Yes but not until 2024 halving
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