I highly doubt Bitcoin will reach $1 million in 15 years. I think it will take at a minimum, 50 years. But you can wait that long right?
If you do this, make sure that your Bitcoins are secure. You will need to probably encrypt the wallets, since 21 Bitcoin is quite an amount right now. You should have them on paper wallets because paper wallets cannot have hardware failures like computers and flash drives do. You will need passwords that you will never forget, and someone with 50 years of password cracking cannot break. You will need something that can stand up to new technologies, like potentially quantum computers. And you will need to will to not spend the Bitcoin before you reach your goal.
Good luck.
Topic: UPDATE - page 8. (Read 9587 times)
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?
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 hard part of your dream is when the value of btc hit 1M/1btc... I'm really optimist and hope your dream come true, but see that prize will be hard.
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?
You have very sweat dream and there is no limitation in dreaming! 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?
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
The OP has already worked hard to get the fiat needed to buy 21 BTC.
It doesn't matter whether you earn BTC, or earn fiat and convert it to BTC.
If you truly believe BTC is the future, then that's a hell of an investment. I wish you the best of luck. I really hope you keep to your word though. Don't sell off your coins just because you see a decrease.
It's a really nice *plan*. But you're too eager, just think about mass adoption. There're billions of people and you want 1/1mil of the total coins, it won't be a good welth distribution.
What does this have to do with mass adoption? Bitcoins can be divided infinitesimaly, it doesn't matter if there is only 1 BTC available and it's worth 1 billion, it can be divided. Also yes, owning 21 BTC is my dream too for a long term storage. Anyone not seeing the amazing opportunity that owning 21 BTC is, is an idiot at this point.
I'm just surprised a doe-eyed fool like you still has even a grand to spare on anything.
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?
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?
If you have that much money to invest in Bitcoin and know about the risk then do it.But you should really only invest money which you can afford to lose.
Being excited about Bitcoin is great. But try to stay realistic and don't get greedy.
How long do you know about Bitcoin?Since when you are following it?
Have you ever experienced the rollercoaster before? Feels much much different when you're invested into something.
So maybe start to buy a few first and then accumulate over time.
Did you think about the effect this valuation would have on the value of the dollar?
It would be very likely that if bitcoin reaches one million usd per coin, it has nowhere near the purchasing power that it has today. Maybe 10k usd could hardly get you by in a month at that time due to mass inflation.
It would be very likely that if bitcoin reaches one million usd per coin, it has nowhere near the purchasing power that it has today. Maybe 10k usd could hardly get you by in a month at that time due to mass inflation.
Dreams do come true but sometimes dreams become nightmares.
There's always a risk but if you have faith on bitcoin, go buy your dream
I'll just wish you good luck.
There's always a risk but if you have faith on bitcoin, go buy your dream
I'll just wish you good luck. 
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
I`m trying to do same thing. To be honest I don`t have enough to buy 1 BTC. I`m trying to make something on several places, gambling also.. I invested once in some in beggining, of course that was scams. I`m trying to get into trading, but that is too hard for a newbie like me so it`s for a very little amounts. I think this dream is nice, you have around 10000 dolars and you choose bitcoin to invest in it well done. More people like you will push the bitcoin price for sure. But from my point of view I would try to make more from that money, cause I`m not in position to wait so much for some income. Good luck, I hope we will be here to talk for 5/10/15 year`s and to review everything we could do now but we didn`t.
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?
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.
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?
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.
It's a really nice *plan*. But you're too eager, just think about mass adoption. There're billions of people and you want 1/1mil of the total coins, it won't be a good welth distribution.
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
UPDATE
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