In 20 years, what would you like to do with your bitcoin? - page 12.

Hide_ip112

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Quote from: Efemen on August 17, 2016, 09:29:16 AM

Quote from: JumperN on August 16, 2016, 07:07:32 AM

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.

hahah, something only a figment of the mind that it is not proper to talk about or continued, as it will only waste time and won't have an effect that is good enough for us. It will only have a temporary effect and it will give you the high spirits.

Efemen

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Quote from: JumperN on August 16, 2016, 07:07:32 AM

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.

JumperN

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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.

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Quote from: dunfida on August 14, 2016, 11:06:18 PM

Quote from: uname on August 14, 2016, 04:41:35 PM

Quote from: oceanriver on August 14, 2016, 03:11:08 PM

Quote from: useless4 on August 11, 2016, 08:29:48 AM

Quote from: iqlimasyadiqa on August 09, 2016, 08:49:58 AM

Quote from: sirohige on August 08, 2016, 11:35:44 AM

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.

The price rise of the bitcoin has slowed. The price actually dropped a bit. It could be due to the investors interest moving to other digital currencies such as Ethereum.

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Quote from: uname on August 14, 2016, 04:41:35 PM

Quote from: oceanriver on August 14, 2016, 03:11:08 PM

Quote from: useless4 on August 11, 2016, 08:29:48 AM

Quote from: iqlimasyadiqa on August 09, 2016, 08:49:58 AM

Quote from: sirohige on August 08, 2016, 11:35:44 AM

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.

uname

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Quote from: oceanriver on August 14, 2016, 03:11:08 PM

Quote from: useless4 on August 11, 2016, 08:29:48 AM

Quote from: iqlimasyadiqa on August 09, 2016, 08:49:58 AM

Quote from: sirohige on August 08, 2016, 11:35:44 AM

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

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Quote from: oceanriver on August 14, 2016, 03:11:08 PM

Quote from: useless4 on August 11, 2016, 08:29:48 AM

Quote from: iqlimasyadiqa on August 09, 2016, 08:49:58 AM

Quote from: sirohige on August 08, 2016, 11:35:44 AM

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 by the time of 20 years, bitcoin is going to be the universal currency by that time. And it is going to be use on a daily basis.

If I have save a lot of bitcoins by that time, then I am just going to buy my own house and lot and as well as new cars.

And going to build up my own business.

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Quote from: useless4 on August 11, 2016, 08:29:48 AM

Quote from: iqlimasyadiqa on August 09, 2016, 08:49:58 AM

Quote from: sirohige on August 08, 2016, 11:35:44 AM

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

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Quote from: bostiog1 on August 14, 2016, 05:51:07 AM

Quote from: Sir_lagsalot on December 07, 2015, 02:45:03 AM

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

Bitcoin will hit 1000$ faster then 20 years . In 20 years it can triple his value

I sure do hope so.
Well, we can not really be sure. These baseless speculations are kind of frowned upon in the forums now.
There is an infinite number of possibilities out there that can happen within 20 years and the value of bitcoin is market dependent which is why it is highly volatile.

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Quote from: Sir_lagsalot on December 07, 2015, 02:45:03 AM

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

Bitcoin will hit 1000$ faster then 20 years . In 20 years it can triple his value

Efemen

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Quote from: ttargett on August 12, 2016, 03:14:02 PM

i would like to be able to buy food and stuff like that with bitcoins in 20 years

In 10 years, we should be able to do that. In fact, you can use the bitcoin credit/debit card to do that now.

marketgold

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Quote from: mark coins on August 11, 2016, 09:18:52 AM

I am not thinking of that long as there is no guarantee that bitcoin will survive till that point of time, my focus is on short term and I believe in making quick profits.

You never know . It can survive 5 years more or 50 years more.

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i would like to be able to buy food and stuff like that with bitcoins in 20 years

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Quote from: thejaytiesto on August 12, 2016, 08:49:02 AM

If a person holding 21 BTCs isn't RICH in 20 years it will only mean that Bitcoin failed. If Bitcoin has reached mainstream status by 2036, the price should be on the 6 to 7 figures each coin, anything else just doesn't add up, mathematically. It will either be A LOT or nothing at all. No intermedium.

No, Bitcoin will not fail when you aren't getting rich with a low number of coins as 21 BTC in 20 years. My definition of being rich is when you have more than $1,000,000 as wealth. $1,000,000 divided by 21 = $47,619 per coin!! Will not happen. So according to you Bitcoin will fail guaranteed right?

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Quote from: hero1111 on August 12, 2016, 12:05:20 PM

20 years is really long term and i think bitcoin will live 20 years later too and many people will use bitcoin and the value of Bitcoin will increase too much and if i save bitcoin in next 5 years i can be so rich person 20 years later and I set up my own company.

yeah try to collect as much as you can and save it for the future as price will be much higher in future so its better to save them for future to earn good profits.

hero1111

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20 years is really long term and i think bitcoin will live 20 years later too and many people will use bitcoin and the value of Bitcoin will increase too much and if i save bitcoin in next 5 years i can be so rich person 20 years later and I set up my own company.

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If a person holding 21 BTCs isn't RICH in 20 years it will only mean that Bitcoin failed. If Bitcoin has reached mainstream status by 2036, the price should be on the 6 to 7 figures each coin, anything else just doesn't add up, mathematically. It will either be A LOT or nothing at all. No intermedium.

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Quote from: Dark.Angel on August 12, 2016, 02:25:05 AM

In 20 years, bitcoin might get some more adoption. So that, the price might goes up! i speculate about USD 15,000/BTC. And in 20 years from today, i might totally forgot about bitcoin and i'll roll on fiat. once again it just my oppinion..

In 20 years it will be impossible for anyone to ignore Bitcoin so I don't think you'll forget about it. Imo Bitcoin is like personal computers: when they first appeared only a few predicted that in 20 years everyone will be wanting to have them.

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In 20 years, bitcoin might get some more adoption. So that, the price might goes up! i speculate about USD 15,000/BTC. And in 20 years from today, i might totally forgot about bitcoin and i'll roll on fiat. once again it just my oppinion..

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Quote from: greatr on August 11, 2016, 08:20:33 AM

Quote from: Kotone on August 11, 2016, 08:14:11 AM

Quote from: kingaltcoins on December 07, 2015, 06:20:24 AM

Bitcoin will never rise upto $1,000,000 or $1,000 anytime soon!

In my opinion it'll stay at $600 max.

No wonder whether all governments will accept it or not, but it'll stay there for sure.

For me, Bitcoin price will rise upto 1000$ in the year 2018-2020. But we dont know that for sure. But for me, that price will be achieved. Look at the people who are investing now. We are now growing, and still even now. But the problem is, when do bitcoin stops producing ? We are now experiencing some Halving events and lately, Bitcoin price rose upto 700$.

the price is definitely going to grow to way bigger prices pretty soon, i think that something like 10 thousand dollars per bitcoin will be possible

Possible, but that is not something that we can accurately predict since 20 years is a really long time, even for a long-term investment. That actually can be considered a double long-term investment time since usually, it's only 10 years. A lot can happen within those 20 years.

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