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Topic: In 20 years, what would you like to do with your bitcoin? - page 11. (Read 59429 times)

hero member
Activity: 994
Merit: 544
It could be the first two.  I think it will not vanish as we know that as long as there were many users it will not be wipe out on the market.  Just let us continue to use it and our bitcoins will be all fine.  If it hits that first two in your list, I wish I have atleast 20 of them.  I could retire peacefully as it could help a lot in my retirement.
member
Activity: 88
Merit: 10
i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

That's a good idea, even if the price of bitcoin would stay  at $1000 per bitcoin, 100 bitcoin would still be a big amount, but I think it won't be enough for retirement... If in 20 years I am already nearing retirement, and if the price would stay at $1000, I'll just pull out my coins and convert it to fiat, I'll just engage in business and probably be accepting bitcoin.

In 20 years, if the bitcoin still exists, the price will be very high and it is widely accepted. So you can use it directly.

Yeah if bitcoin survives for next 20 years then surely it will be sitting on the moon and it will be used and accepted everywhere directly so we don't have to depend on fiat at that time.

Fiat is necessary actually, some poor countries can't have PC/phones to spend bitcoin, then fiat is their money.
legendary
Activity: 1386
Merit: 1020
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I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.
yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?

You guys are speaking gibberish. If you have 1000 bitcoin, you don't know how many people will be richer than you, but it will defenitely be less than 21k people.

People get this amount of bitcoin by being rich, or being early adopters. Either is highly unlikely for the both of you.


I agree, 1000btc isnt  high as  you said because  there are more people who posses more than that amount , as they commonly said   maybe those rich people  who invested to bitcoin and to those early adopters for sure have a lot of bitcoin holding on their wallets.
legendary
Activity: 2492
Merit: 1018
A lot of us are probably just keeping bitcoin for investment in case it goes higher than what is expected and spend it later.
if i still have my bitcoin 20 years from now which could at least have more value, i might not be spending it for myself but for my daughter. 
hero member
Activity: 1092
Merit: 500
Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...

What would you do if:

Bitcoin hit $1,000,000:
Bitcoin hit  $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?

Thanks for your opinions,

 -Lags

20years from now, Well I really don't know what will happen because I'm not a physic. As I noticed in your question Bitcoin 1,000,000$ is not realistic very impossible to be happen. But 1000$ can attainable and realistic to be happen. It can be by that time the bitcoin community is much more for sure strong. Smiley
hero member
Activity: 672
Merit: 503
i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time
though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis
I think whatever you want to do in bitcoin 20 years to come? I hope you can gather a lot of bitcoin. because I think the cost of living will be greater in that year. and you have to collect a lot of bitcoin if you want to live comfortably

We must assume that situation would happen , as the year goes by the price our our common needs does  increase too, therefore we must  save bitcoin as much as we can  so that  in the future  we would live enough for our living. 20 years is  a long  game but  we would reach there no matter what.
if the situation can happen I hope to use bitcoin currency as day-to-heart. bitcoin certainly could become a global currency is good for all users?

Of course it will be the best for all users if bitcoin becomes global currency but I think it will take long time for it to happen as still there are many people who are unaware about the concept of bitcoins.
sr. member
Activity: 420
Merit: 250
i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time
though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis
I think whatever you want to do in bitcoin 20 years to come? I hope you can gather a lot of bitcoin. because I think the cost of living will be greater in that year. and you have to collect a lot of bitcoin if you want to live comfortably

We must assume that situation would happen , as the year goes by the price our our common needs does  increase too, therefore we must  save bitcoin as much as we can  so that  in the future  we would live enough for our living. 20 years is  a long  game but  we would reach there no matter what.
if the situation can happen I hope to use bitcoin currency as day-to-heart. bitcoin certainly could become a global currency is good for all users?
sr. member
Activity: 378
Merit: 250
I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.
yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?

You guys are speaking gibberish. If you have 1000 bitcoin, you don't know how many people will be richer than you, but it will defenitely be less than 21k people.

People get this amount of bitcoin by being rich, or being early adopters. Either is highly unlikely for the both of you.
hero member
Activity: 490
Merit: 500
I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.
yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
Being able to spend my bitcoin at any shop I want is something I would like very much.
I don't need to buy 1 specif item, but just to know that my bitcoins are accepted everywhere will make me happy.

To see that scenario we will have to wait bit longer, as there are many countries where bitcoin has not reached yet and even people are not aware about it or how to use it.
Yeah right it takes a long time before we will see our country will accept bitcoin every where in our country..
Unlike brazil they have already stores that can accept bitcoin as payment.. Just lets hope that it will happen.
And it should be happen because its good that we can use bitcoin everywhere even in malls..
hero member
Activity: 840
Merit: 1000
Being able to spend my bitcoin at any shop I want is something I would like very much.
I don't need to buy 1 specif item, but just to know that my bitcoins are accepted everywhere will make me happy.

To see that scenario we will have to wait bit longer, as there are many countries where bitcoin has not reached yet and even people are not aware about it or how to use it.
sr. member
Activity: 406
Merit: 250
Being able to spend my bitcoin at any shop I want is something I would like very much.
I don't need to buy 1 specif item, but just to know that my bitcoins are accepted everywhere will make me happy.
hero member
Activity: 714
Merit: 500
i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time
though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis

I hope that after 20 years bitcoin will be used everywhere, and we will be able to use them for our daily use, but still I will say that it will depend on our interest in bitcoin, if we give time and support to bitcoin then it is the hope that bitcoin will flourish everywhere.

If people will continue to use then bitcoin will survive forever and the usage of people will depend on the price of bitcoin, if price falls to an extreme level in future then people will stop using it.
full member
Activity: 219
Merit: 205
_Bitcoin Africa_
I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.
well you are right or even more bitcoins in my opinion for retirement you need huge amount of bitcoins
hero member
Activity: 966
Merit: 517
i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time
though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis

I hope that after 20 years bitcoin will be used everywhere, and we will be able to use them for our daily use, but still I will say that it will depend on our interest in bitcoin, if we give time and support to bitcoin then it is the hope that bitcoin will flourish everywhere.
sr. member
Activity: 270
Merit: 250
Personally, I'm not sure even in the future. If you have to take into account the rate of bitcoin, then the statistics over the past few months, each of the users and owners of bitcoin and became rich and the poor, and all because of unstable prices cryptocurrency. And in scales 20-year forecasts do not rewarding business.
hero member
Activity: 812
Merit: 1000
21 should be enough to retire a millionaire, but forget about the private island lifestyle and all that shit. That is for the super lucky ones that got super early in the game. It's simply impossible to make that much money without massive ass luck.

I guess this depends on how much bitcoin would be after 20 years. If it goes around 10k per coin then 21 Coins will be great to retire and have a happy life.  I also think you wont be retiring because for those 20 years, earning bitcoin will be  your habit and you know people wont retire doing the things they love to do.

Yeah and why to retire if you are earning money by just sitting in front of computer, as earning bitcoin doesn't involve any physical efforts, you can easily earn by sitting at home.
legendary
Activity: 3010
Merit: 1280
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21 should be enough to retire a millionaire, but forget about the private island lifestyle and all that shit. That is for the super lucky ones that got super early in the game. It's simply impossible to make that much money without massive ass luck.

I guess this depends on how much bitcoin would be after 20 years. If it goes around 10k per coin then 21 Coins will be great to retire and have a happy life.  I also think you wont be retiring because for those 20 years, earning bitcoin will be  your habit and you know people wont retire doing the things they love to do.
hero member
Activity: 798
Merit: 1000
21 should be enough to retire a millionaire, but forget about the private island lifestyle and all that shit. That is for the super lucky ones that got super early in the game. It's simply impossible to make that much money without massive ass luck.

That's true its really hard to achieve that milestone as very few would be holding that amount in their wallet especially if we talk about normal users.
legendary
Activity: 1610
Merit: 1183
21 should be enough to retire a millionaire, but forget about the private island lifestyle and all that shit. That is for the super lucky ones that got super early in the game. It's simply impossible to make that much money without massive ass luck.
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