Topic: Stack Sats Calculator - How much bitcoin you would have if you keep saving sats! (Read 258 times)
March 21, 2020, 03:13:41 AM
Question: Are you still stacking those sats at the current economic climate?
March 09, 2020, 11:04:22 PM
Do all these calculations account for the volatility of the market? Like, in 2017 the price reached $20,000 and year later it dipped to $3,600. The goal of stacking sats is to lower the risk of buying at the top and experiencing a crash, and this strategy performs best when the market is bearish or very uncertain. If you just make some linear upward extrapolation into the future, it might be way off the actual results.
I think it only calculates the current price that you put in the calculator. For example, you say $8,000 in the future, it will calculate your holdings in that price. Why don't you try it? It's pretty easy to understand and it's pretty useful too when you want to be motivated to save dust money. Also, it's not like Bitcoin will stay $8,000 forever according to my prediction, we could potentially reach more than $10,000.
March 09, 2020, 09:36:44 PM
There are many ways to accumulate bitcoin, not just buying it from the market. Doing work for a crypto company and getting paid in BTC is one of the most viable way to de-risk and join in the fun
March 08, 2020, 10:06:01 AM
Do all these calculations account for the volatility of the market? Like, in 2017 the price reached $20,000 and year later it dipped to $3,600. The goal of stacking sats is to lower the risk of buying at the top and experiencing a crash, and this strategy performs best when the market is bearish or very uncertain. If you just make some linear upward extrapolation into the future, it might be way off the actual results.
They obviously don't. This calculator only counts how much you'll have if you add x$ a day to your balance for x number of years. In reality there's no way that the price of Bitcoin will be 9000 dollars in 5 years. Also if you invest $5 every day the volatility is so high that the next day you could have 4.5 or 5.5.
We also have to talk about the $5 average per day. It look good on paper, but how many of you could keep saving up $150 a month for 5 years. This requires some serious dedication, especially if you're earning less than 1000 a month (most people in the world fall into this group).
March 08, 2020, 09:21:41 AM
I think the other two articles there are as important as the calculator. Why don't you highlight that in your post too?
Obviously, because their product is not those articles.
Tools like this are cool to get you motivated on 'investing' on Bitcoin even if it's only $1 a day, especially for those who can't see the bigger picture. Most of them feel unsatisfied with saving $10 a month to buy some sats.
March 08, 2020, 07:17:33 AM
And if I actually bothered to count all the sat balances in possibly 50 accounts I had in 50 faucet sites, I am really sure it's a small fortune today. Too bad I just never kept track.
Dollar cost averaging is a good strategy to take away the volatility of emotion. And in general, should average to a good balance between trying to time it at a highs and lows.
But strict disciplined is required. Yes, earlier days of faucets was a good way to encourage the flow of bitcoin.
Absolutely. I'm not telling everyone to do it, but it's a way better way than to try and time the markets with trading: it's simply setting you up for frustration and eventual emotional decision-making, which we all know is the path to rekt.
Timing should be kept to a minimum but doing away with it completely is fine too.
Faucets and other types of tools that spread usage to as many people as possible. I remember one site still in use today giving away 10k satoshi just for an email. Others even gave out 100k just for a useful comment on their product. Those are worth something useful today. Maybe even more in a few years.
March 08, 2020, 12:07:33 AM
I think the other two articles there are as important as the calculator. Why don't you highlight that in your post too?
March 07, 2020, 10:41:55 PM
Decent. Sorry but dcaBTC[1] has better features and more settings to tweak, and a chart too. Looks like you need to do a bit better CoinGecko!
[1] https://dcabtc.com/
[1] https://dcabtc.com/
That is interesting, thanks for sharing! We will see how we can improve
Nice tool, speaking from experience it’s important to just keep buying regularly, no matter how small you think your buy is just keep going.
Everything you buy adds up, some people don’t even own one full bitcoin so keep buying & you’ll be handsomely rewarded in the future.
Everything you buy adds up, some people don’t even own one full bitcoin so keep buying & you’ll be handsomely rewarded in the future.
The power of compound effect!
When is the best time to plant a tree? The best time was yesterday, the second best time is today.
Is it something you are referring to Dollar Cost averaging method? If so you are, there are a lot of calculator on the internet I think. However, I can't find the calculator you are referring here.
Think it's possible to relate it to cost averaging but the idea is not so much that. With dollar cost averaging, if you buy regularly, you will gain an overall cheaper cost than currently over time. But sith stat stacking, what seems negligible today could be worth far more in the future.
My personal experience is all those faucets in 2016. Or even those sat tips, back when people tipped 0.001 btc for a really good comment. 60 cents then, not even enough for a coffee in the US, but a good tenner these days.
And if I actually bothered to count all the sat balances in possibly 50 accounts I had in 50 faucet sites, I am really sure it's a small fortune today. Too bad I just never kept track.
Dollar cost averaging is a good strategy to take away the volatility of emotion. And in general, should average to a good balance between trying to time it at a highs and lows.
But strict disciplined is required. Yes, earlier days of faucets was a good way to encourage the flow of bitcoin.
March 06, 2020, 09:47:28 AM
Is it something you are referring to Dollar Cost averaging method? If so you are, there are a lot of calculator on the internet I think. However, I can't find the calculator you are referring here.
Think it's possible to relate it to cost averaging but the idea is not so much that. With dollar cost averaging, if you buy regularly, you will gain an overall cheaper cost than currently over time. But sith stat stacking, what seems negligible today could be worth far more in the future.
My personal experience is all those faucets in 2016. Or even those sat tips, back when people tipped 0.001 btc for a really good comment. 60 cents then, not even enough for a coffee in the US, but a good tenner these days.
And if I actually bothered to count all the sat balances in possibly 50 accounts I had in 50 faucet sites, I am really sure it's a small fortune today. Too bad I just never kept track.
March 06, 2020, 09:23:42 AM
Nice tool, speaking from experience it’s important to just keep buying regularly, no matter how small you think your buy is just keep going.
Everything you buy adds up, some people don’t even own one full bitcoin so keep buying & you’ll be handsomely rewarded in the future.
Everything you buy adds up, some people don’t even own one full bitcoin so keep buying & you’ll be handsomely rewarded in the future.
March 06, 2020, 08:59:16 AM
it is a fun tool as long as these stats are not taken as literal, meaning you can't really buy $2 bitcoin per day. in reality you'll have to put the money somewhere (like in a drawer or something) until it is accumulated enough to reach a higher amount and then use it to buy bitcoin.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
And why can't you buy $2 per day exactly?
Do all these calculations account for the volatility of the market? Like, in 2017 the price reached $20,000 and year later it dipped to $3,600. The goal of stacking sats is to lower the risk of buying at the top and experiencing a crash, and this strategy performs best when the market is bearish or very uncertain. If you just make some linear upward extrapolation into the future, it might be way off the actual results.
That's probably why there's the "assumption" factor involved. Volatility can't be predicted 100% of the time, but providing a bottom you think it would reach could potentially bring you some ideas as to how much or how long you'd need to earn a certain amount of satoshi. The site seems pretty interesting and has a friendly vibe around it. I thought it'd be some kind of simple site without even the basics of design and the like but it seemed pretty good enough.
March 06, 2020, 08:46:17 AM
Do all these calculations account for the volatility of the market? Like, in 2017 the price reached $20,000 and year later it dipped to $3,600. The goal of stacking sats is to lower the risk of buying at the top and experiencing a crash, and this strategy performs best when the market is bearish or very uncertain. If you just make some linear upward extrapolation into the future, it might be way off the actual results.
March 06, 2020, 07:04:01 AM
Nice, just the other day, I'm seeing #stacksats hash tag on Twitter and it gets me thinking.
And today I've see some handy calculator like this.
. I think everyone can play with this apps and hopefully see how their investments can grow in the future. Doesn't need to be $3 or less though, as long as you can put up like monthly, then it will be huge in the future.
And today I've see some handy calculator like this.
. I think everyone can play with this apps and hopefully see how their investments can grow in the future. Doesn't need to be $3 or less though, as long as you can put up like monthly, then it will be huge in the future. 
March 06, 2020, 06:13:18 AM
it is a fun tool as long as these stats are not taken as literal, meaning you can't really buy $2 bitcoin per day. in reality you'll have to put the money somewhere (like in a drawer or something) until it is accumulated enough to reach a higher amount and then use it to buy bitcoin.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
It is a hypothetical scenario as you cannot purchase Bitcoin everyday but, you still can buy it once a month, every month. If you divide that amount that you plan to invest once every month by 30, you will get the daily amount. Now all you need to do is to input the daily amount on the calculator and you will have your answer.
30 is the average number of days in a month.
March 06, 2020, 06:05:26 AM
That is good stats but I won't agree on buying Bitcoin per day just like $3 and after 5 years you will have a car.
Instead of per day why not you dont do this buying speculation, Monday Is the Best Day to Buy Bitcoin? or Buy every dip!. And in this case, I agree with pooya87's said. You will save the fee cost in everyday buying.
Anyway, this will motivate us to save sats for a better future. To have a goal in a better life in the future just like a retirement fund that you had.
Instead of per day why not you dont do this buying speculation, Monday Is the Best Day to Buy Bitcoin? or Buy every dip!. And in this case, I agree with pooya87's said. You will save the fee cost in everyday buying.
Anyway, this will motivate us to save sats for a better future. To have a goal in a better life in the future just like a retirement fund that you had.
March 06, 2020, 05:25:58 AM
Decent. Sorry but dcaBTC[1] has better features and more settings to tweak, and a chart too. Looks like you need to do a bit better CoinGecko!
[1] https://dcabtc.com/
[1] https://dcabtc.com/
March 06, 2020, 05:22:14 AM
Something to play with.
Yes, thank you.
I am trying to have a little joke with my wife now looking at it.
I told her how much she can accumulate in 5 years from all those faucets and games which she is playing with.
She is really making a lot of effort doing it everyday.
Now, this will be something to boost her more.
In 5 years, she can buy her own house so that we will have a separate lives.
Yes, thank you.
I am trying to have a little joke with my wife now looking at it.
I told her how much she can accumulate in 5 years from all those faucets and games which she is playing with.
She is really making a lot of effort doing it everyday.
Now, this will be something to boost her more.
In 5 years, she can buy her own house so that we will have a separate lives.
March 06, 2020, 05:10:13 AM
it is a fun tool as long as these stats are not taken as literal, meaning you can't really buy $2 bitcoin per day. in reality you'll have to put the money somewhere (like in a drawer or something) until it is accumulated enough to reach a higher amount and then use it to buy bitcoin.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
And why can't you buy $2 per day exactly?
I believe What he/she is trying to say is that you cant buy 2$ worth BTC everyday unless you trust a centralised exchange to hold the funds for you until the funds become substantial enough to be withdrawn to your Wallet.
Else if you don't want to trust an exchange, you'll have to find someone who is willing to send you few satoshis worth ~2$ (because of txn fee) to your wallet. If this is the case, you'll have to pay a huge fee to consolidate your funds because of the large number of UTXOs.
March 06, 2020, 04:21:21 AM
It is a good one if we wants to be motivated and buy BTC regularly.
We could know how much we could accumulate.
A fun way to keep us motivated to hold and keep every Sats.
We could know how much we could accumulate.
A fun way to keep us motivated to hold and keep every Sats.
March 06, 2020, 03:42:31 AM
it is a fun tool as long as these stats are not taken as literal, meaning you can't really buy $2 bitcoin per day. in reality you'll have to put the money somewhere (like in a drawer or something) until it is accumulated enough to reach a higher amount and then use it to buy bitcoin.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
there is also the obvious issue with accumulating dust and ending up having to pay a huge fee to spend all those transaction outputs if someone were to really stack small amounts of bitcoin in their wallets.
in any case i like the idea of setting aside some money to buy bitcoin specially in the linked article at the bottom the section about "Cutting unncessary expenses". that is what i have always suggested others to do.
And why can't you buy $2 per day exactly?
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