Topic: How much BTC is enough? Do I have enought to be a millionaire soon? (Read 2521 times)
I think you have roughly 10% of what you would want to become a millionaire "soon". Not sure many are wanting/needing to be as open as you are about your holdings mate. I have over 50 and under 100 but it is increasing slowly but surly.
July 13, 2015, 08:52:29 AM
120 btc in my opinion is enought,be careful with them.
July 13, 2015, 08:04:16 AM
Im so poor compared to everyone here 
. I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me.There is nothing wrong with missing out on a 1 year long bear market... Pile up now and your cost average base is better than 70% of the users.
Im so poor compared to everyone here . I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me.Be thankful you are one of those people who actually got into bitcoin, imagine how much people are going to regret not joining the train after a few years
Don't worry, according to my predictions, the btc spike will go really high right now, might hit 310$ or somewhat more too, and then there will a huge crash bringing it back to 120$/115$ and that would be a great time to buy. I plan to invest heavy then...wtf? Bitcoin hit already 308$ today. Good luck with your prediction, might be true. But if not, enjoy your FoMO.
I think he is about 3400 bitcoins short of being a millionaire ... and by the time he accumulates that amount inflation has taken it's course and he would require a bit more than 3400 bitcoins ... or possibly less who knows
side note: My calculations 1,000,000/(today prices 285) = 3500 or so give and take ... and he has 120 so lets just round that to 3400 bitcoins ....
July 13, 2015, 07:59:55 AM
it will be enough. but why would you want to be a dollar millionaire anyway. money will losse it's importance (at least on a personal level) in an advancing society.
you something like in star trek
July 12, 2015, 05:48:17 AM
Im so poor compared to everyone here . I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me.There is nothing wrong with missing out on a 1 year long bear market... Pile up now and your cost average base is better than 70% of the users.
Im so poor compared to everyone here . I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me.Be thankful you are one of those people who actually got into bitcoin, imagine how much people are going to regret not joining the train after a few years
Don't worry, according to my predictions, the btc spike will go really high right now, might hit 310$ or somewhat more too, and then there will a huge crash bringing it back to 120$/115$ and that would be a great time to buy. I plan to invest heavy then...wtf? Bitcoin hit already 308$ today. Good luck with your prediction, might be true. But if not, enjoy your FoMO.
July 12, 2015, 05:23:52 AM
Im so poor compared to everyone here . I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me.Be thankful you are one of those people who actually got into bitcoin, imagine how much people are going to regret not joining the train after a few years
Don't worry, according to my predictions, the btc spike will go really high right now, might hit 310$ or somewhat more too, and then there will a huge crash bringing it back to 120$/115$ and that would be a great time to buy. I plan to invest heavy then... legendary
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July 12, 2015, 12:27:11 AM
My long-term scenario is a potential market cap for all crypto-currencies of $200-300 billion.
The estimation is based on three main market opportunities of CC's:
- Remittances and other small international transactions
- e-Commerce
- Saving opportunity, mainly in unstable countries, although I think many of the estimations here (e.g. Bitcoin replacing gold) are too optimistic.
Now, there is a big question: Will Bitcoin stay with its de facto monopoly for the time until $10.000 per coin is reached?
I have doubts because Bitcoin in my opinion has technical flaws like the high energy consumption, and there are altcoins solving this problem (e.g. Nxt, Peercoin, Slimcoin and other PoS and PoB coins) . But if it really reaches $10.000, If I were you, I would sell a large part of my BTC holdings.
The estimation is based on three main market opportunities of CC's:
- Remittances and other small international transactions
- e-Commerce
- Saving opportunity, mainly in unstable countries, although I think many of the estimations here (e.g. Bitcoin replacing gold) are too optimistic.
Now, there is a big question: Will Bitcoin stay with its de facto monopoly for the time until $10.000 per coin is reached?
I have doubts because Bitcoin in my opinion has technical flaws like the high energy consumption, and there are altcoins solving this problem (e.g. Nxt, Peercoin, Slimcoin and other PoS and PoB coins) . But if it really reaches $10.000, If I were you, I would sell a large part of my BTC holdings.
it's not a flaw it's a feature. PoS is the scheme that is flawed
July 12, 2015, 12:12:42 AM
My long-term scenario is a potential market cap for all crypto-currencies of $200-300 billion.
The estimation is based on three main market opportunities of CC's:
- Remittances and other small international transactions
- e-Commerce
- Saving opportunity, mainly in unstable countries, although I think many of the estimations here (e.g. Bitcoin replacing gold) are too optimistic.
Now, there is a big question: Will Bitcoin stay with its de facto monopoly for the time until $10.000 per coin is reached?
I have doubts because Bitcoin in my opinion has technical flaws like the high energy consumption, and there are altcoins solving this problem (e.g. Nxt, Peercoin, Slimcoin and other PoS and PoB coins) . But if it really reaches $10.000, If I were you, I would sell a large part of my BTC holdings.
The estimation is based on three main market opportunities of CC's:
- Remittances and other small international transactions
- e-Commerce
- Saving opportunity, mainly in unstable countries, although I think many of the estimations here (e.g. Bitcoin replacing gold) are too optimistic.
Now, there is a big question: Will Bitcoin stay with its de facto monopoly for the time until $10.000 per coin is reached?
I have doubts because Bitcoin in my opinion has technical flaws like the high energy consumption, and there are altcoins solving this problem (e.g. Nxt, Peercoin, Slimcoin and other PoS and PoB coins) . But if it really reaches $10.000, If I were you, I would sell a large part of my BTC holdings.
July 12, 2015, 12:03:45 AM
I have about 120 BTCs, is that enough to be a millionaire soon? How much u got?
It is a good feeling isn't it, to own something that is so limited. just hold for 5 years or more21 is my goal for get to the 1 in a million club
Congrats! Keep on going, you won't regret it.
July 11, 2015, 10:16:08 AM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
House + tx =400 €
obviously is in a small house and without family, with a family it would be impossible, then add that i don't buy useless cigarettes and all the unhealthy stuff like that
with this premise you can do it
July 11, 2015, 10:01:41 AM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
House + tx =400 €
July 11, 2015, 09:54:42 AM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
well i've already my house, i don't need to pay for the rent, i'm only paying like 200 for foods and supplements in one month, and the rest for bills and some personal stuff like clothes if i need some and products for personal care
and some time i buy a game on steam, i don't need anything else
Maybe you can't survive with 400€ in amsterdam but there are many countries that you can survive as a family with that amount of moeny.
BTC price reaching 300$ today?
legendary
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Merit: 1004
Core dev leaves me neg feedback #abuse #political
July 10, 2015, 02:33:01 PM
10k price is quite realistic long term IMO. so if you have 120 BTC you'll be a millionaire at that time.
Unfortuantely, a million dollars is not that much money these days. Three million net worth is the
new millionaire.
Unfortuantely, a million dollars is not that much money these days. Three million net worth is the
new millionaire.
July 10, 2015, 12:26:32 PM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
well i've already my house, i don't need to pay for the rent, i'm only paying like 200 for foods and supplements in one month, and the rest for bills and some personal stuff like clothes if i need some and products for personal care
and some time i buy a game on steam, i don't need anything else
July 10, 2015, 12:22:10 PM
The day will almost assuredly come when bitcoin hits 100K+. Anyone who has 100 bTC's or higher will be quite, quite wealthy.
However. This could take another 2-4 years. It will happen eventually, though. In the meantime, we will probably see smaller rallies into the 5-10k area, which will most likely happen next year. Don't be a scrub and sell out.
However. This could take another 2-4 years. It will happen eventually, though. In the meantime, we will probably see smaller rallies into the 5-10k area, which will most likely happen next year. Don't be a scrub and sell out.
July 10, 2015, 12:08:09 PM
Today was a good day for those who have lots of bitcoins in their wallet
+7% is good enough if you have lots of btc
+7% is good enough if you have lots of btc
July 10, 2015, 11:59:05 AM
Im so poor compared to everyone here . I only started bitcoin this year so sucks to be me.
. I only started bitcoin this year so sucks to be me. 
July 10, 2015, 11:10:31 AM
I have about 120 BTCs, is that enough to be a millionaire soon? How much u got?
We can't really predict if thatt is actually going to happen or take place but there is a high possiblity that you might be very rich after a while. Can not say it will be ''soon'' though . let's seee what happens . All the best to you bro. I hope soon comes soon enough
July 10, 2015, 10:25:00 AM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
Now I have just a few btc but my target is 21Btc in the future. I hink it is a nice number in Bitcoin world.
Obviously when i'll have 21 bitcoins I will want to have more.
And I think in a few years you and I will mi millionarie in dollars but that doesn't matter.
July 10, 2015, 10:04:51 AM
in my case i can live easily with 5k euro per year no problem and i don't care about fancy stuff and all that rich things, that usually many want
€5000 euro per year? That is like €400 per month. Where do you live?I'm comfortable with €2000 per month in Amsterdam. You will not survive with €400 here.
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