UPDATE - page 7. | Bitcointalksearch.org

andysbizz

member

Activity: 70

Merit: 10

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream, but I do not think that the high price of Bitcoin reach

devil11

sr. member

Activity: 398

Merit: 250

I like your dream. But if you want to get this dream in true, you should have to work very hard. You have to make many effort, and i also want same thing like this !

It is my also dream.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: mcplums on November 09, 2015, 08:15:08 AM

Quote from: ?? on ??

Quote from: Mickeyb on November 09, 2015, 07:05:42 AM

OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!

I thought about split it in 20 addresses of a password protected wallet... with seed and backup. Is not enough?

I don't think there's any point in splitting it over multiple addresses, if they're all going to be stored the same way. Just increases your chances of losing them.

But I am with you on your dream, I have done something very similar to you. I store mine on an offline raspberry pi using the Electrum wallet. Perfect for long term cold storage.

Yes, if you are not gonna stored them on 20 USB keys I don't see the point of splitting them. And I don't think you will do that. You might as well keep them all in one address and making 3 USB backups. Just make sure your machine is malware free.

And remember, there is not only one way to store your coins safely. There are many ways, and all of these ways are safe enough if done correctly.

mcplums

full member

Activity: 146

Merit: 100

Quote from: ?? on ??

Quote from: Mickeyb on November 09, 2015, 07:05:42 AM

OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!

I thought about split it in 20 addresses of a password protected wallet... with seed and backup. Is not enough?

I don't think there's any point in splitting it over multiple addresses, if they're all going to be stored the same way. Just increases your chances of losing them.

But I am with you on your dream, I have done something very similar to you. I store mine on an offline raspberry pi using the Electrum wallet. Perfect for long term cold storage.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

No matter if we reach 100K or 1 million, we'll reach 10K guaranteed in less than 10 decades and therefore owning 21 BTC is already a success, you are on the winning team while the rest are still stuck in the middle ages.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Quote from: ?? on ??

For now, is a dream. But i don't wanna wake up in 10 years and say to my self "If I only had invested on my feeling...". I'll never can say "I did not try".

However, BTC has potentials.

You won't, if you have the courage to take real life risks and challenges... Wink

And yes, if you are actually going to buy that much amount of sum, I would suggest you to put them in parts and not in a single wallet, and if you think you are good at investing online, you may go for investing on games that are being popped-up nowadays where others are investing too, I mean some dice games and brain games, etc...
In that case, many factors will work, but you have the chance to grow your BTC instead of sitting back with it expecting the price to rise that high...

Sir_lagsalot

sr. member

Activity: 392

Merit: 251

Your dream is what it is - a dream. There are a lot of bitcoin obsessors out there, who believe bitcoin will go into the millions. It will not, maybe it will reach the hundred thousands. With the coming halving, you really can't be sure whether Bitcoin is even going to go up. Sorry for the bad support bitcoin, I also hope for you to hit a million, but dreams... are still dreams.

Or, come back in 5 years and prove me wrong!

gkv9

legendary

Activity: 1246

Merit: 1000

!!! RiSe aBovE ThE StoRm !!!

Dream is great, but you are talking about something too good to be true...
You are saying that BTC will reach $1M, which seems impossible at present seeing that it couldn't even rise to $1k...

NordicRanger

sr. member

Activity: 350

Merit: 250

Nice dreams/goals

Too bad you can't personally control when and how the bitcoin will rise in value

I doubt it will rise up to 1mill the next 15 - 20 years

Here's to dreaming!

elyas772

hero member

Activity: 756

Merit: 502

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

nice dream

i hope you can realize it

Amph

legendary

Activity: 3248

Merit: 1070

Quote from: blackmachinegun on November 08, 2015, 02:20:27 PM

your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.

eh really difficult, to do this now, and you don't have much time left, because when the price increase for the halving, all the earning will be reduced greatly, the time of big earning in bitcoin has ended already

only buying remain out there

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

I can't find the meaning of your M after the 21. But if M mean million you must wait to long and must be very young to arrive such price. And to tell the right I have no hopes that bitcoin will arrive this price some day. But as a bitcoiner don't exclude nothing about it.

As for the spread of your million dollars have from your 21 bitcoins I find wrong the second option because, I think, that they will be in the other world (sorry for that) when that price of bitcoin will be in that amount.

Anyhow it is a good thing have dreams. Even better if are big dreams. Make the life easier and happier.

zeraTunerse

hero member

Activity: 546

Merit: 500

Quote from: saturn643 on November 08, 2015, 10:50:32 PM

Quote from: zeraTunerse on November 08, 2015, 10:47:01 PM

Quote from: kaselit on November 08, 2015, 01:24:21 PM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.

I think he was saying that he wants to donate 2 Million to research about those things to help others, not for his own medical expenses.

Yeah i didn't read the first word following diseases , It is indeed a good initiative but a future one and i cant say if the price will be to the moon or to the ditch.

saturn643

hero member

Activity: 728

Merit: 500

Quote from: zeraTunerse on November 08, 2015, 10:47:01 PM

Quote from: kaselit on November 08, 2015, 01:24:21 PM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.

I think he was saying that he wants to donate 2 Million to research about those things to help others, not for his own medical expenses.

zeraTunerse

hero member

Activity: 546

Merit: 500

Quote from: kaselit on November 08, 2015, 01:24:21 PM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.

pissedoff

hero member

Activity: 616

Merit: 500

Quote from: Nahl on November 08, 2015, 10:38:29 PM

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

1 btc = 1M $ ?
and that is very beautiful dreams because in the real life i pretty doubt the bitcoin price will reach to that price

Its highly unlikely that the bitcoin price will rise that high, But who knows after 5/10/15 years it might be possible.

Nahl

legendary

Activity: 1652

Merit: 1000

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

1 btc = 1M $ ?
and that is very beautiful dreams because in the real life i pretty doubt the bitcoin price will reach to that price

romjpn

full member

Activity: 193

Merit: 100

Quote from: actmyname on November 08, 2015, 02:48:40 PM

Quote from: winguard on November 08, 2015, 02:37:50 PM

Quote from: kaselit on November 08, 2015, 01:24:21 PM

This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The question is.. After your long wait of 15 years and Bitcoins will not reach $1M each in value. How would you feel? There's just no way Bitcoins will become so much in value in that time frame or perhaps in your lifetime.

Quite true. It's unlikely that after 15 years, Bitcoin will reach a price of 1 million each. I personally don't feel like that amount of demand will come to Bitcoins that easily, unless there's some catastrophic event that unfolds which makes Bitcoins super valuable.

No one knows actually. Technology is progressing very fast those days and I think we will see major changes quite soon.

botany

legendary

Activity: 1582

Merit: 1064

Only invest the money you can afford to lose. If you have the money to spend, you should go for it. If BTC goes to $100, you shouldn't be disheartened. If it does go to $1 million, consider it a bonus.

Topic: UPDATE - page 7. (Read 9593 times)