Topic: You want to be a millionaire? if you own 0.01 btc you already are - page 3. (Read 3140 times)
December 10, 2017, 09:58:26 AM
Who knows if someday it will happen, better keep your bitcoin as good as possible and it would be better if you are wise in using it.
December 10, 2017, 09:55:47 AM
I don't think that the 0.01 will give you the title to become millionaire because you can be a millionaire if 1 satoshi is equal to 1 dollar because 0.01 is only 1 million dollar satoshi and if you can wait for a very long time for that moment then you can become millionaire.
December 10, 2017, 09:17:30 AM
I agree with you that bitcoin will hit $100 million Mark when we still alive if the milestone it has achieved within the past 6 years is something to go by. In 2011, I learnt about bitcoin, it it was worth just $17.56, I dismissed it, coz that times it wasn't popular and hacking instances were so high. Now it is more than $13,000 yet some governments have not legalized it and a larger global population have little knowledge about it. I won't be shocked if it hit $1 million within the next five years. All we have to do coz after all, time is the true measure of value.
December 10, 2017, 09:14:26 AM
The most important part is following: "I don't know how long it takes to get there"
Hopefully, this doesn't take too much time to get there, because we're getting older by the way. I also agree with him, holders gonna win a lot!
Hopefully, this doesn't take too much time to get there, because we're getting older by the way. I also agree with him, holders gonna win a lot!
December 10, 2017, 09:13:11 AM
Bitcoin reaching 1 million dollars is still very far from happening to be honest and I don't think that it could happen even in the next 30 years. You can really earn lots of money and profits just by holding 0.01 btc given how much bitcoin has developed and if ever bitcoin reaches that price I can only just imagine how really hard it will be just to get hold of a 0.01 btc let alone a single bitcoin.
December 10, 2017, 09:05:46 AM
Although I admire your optimism about Bitcoin I don't think it is a good idea on sharing something to big of a speculation to other people as it might lead them to wrongly believe on what you are saying which is really bad if they are buying on a wrong price now. 15,000$ is achievable but saying .01 BTC will worth 1,000,000$ is not believable imagine how companies will now take advantage of the new millionaires if that happen, Assuming that it will happen I will see that prices will now have a massive inflation as majority of the people have the power to hold .01 BTC now it might lead to our downfall which we will all comeback to where we all are.
December 10, 2017, 09:02:19 AM
Perhaps this will happen by 2070 though. Yes bitcoin is growing yet the price haven't reached the million mark yet and proclaiming that 1 satoshi = 1 USD that is way way more to go.
December 10, 2017, 08:58:56 AM
The person above me brings up an interesting point. Assuming Bitcoin continues it rise over the next several decades, the important point is how Bitcoin improves in relation to other global currencies. If the dollar doubles and Bitcoin only rises 50%, you would do better holding your worth in dollars.
December 10, 2017, 08:47:50 AM
It depends on what you mean by "millionare".
By the time Bitcoin has increase in value to the amount you suggest, the entire world system will have new meaning of what being wealthy is.
Like the days when if you had 100 sheep, some fruit trees, and 10,000 goats, (and you had all your teeth) you were considered 'rich'.
By the time Bitcoin has increase in value to the amount you suggest, the entire world system will have new meaning of what being wealthy is.
Like the days when if you had 100 sheep, some fruit trees, and 10,000 goats, (and you had all your teeth) you were considered 'rich'.
December 10, 2017, 08:31:11 AM
Well this is very hard to happen if not impossible. Bitcoin's price actually dropped down to around 14000$ and it is still very volatile. It will not reach the Millions levels at least in our generation and dont forget that there re so many othe valuable crypto currencies.
December 10, 2017, 08:23:39 AM
100 million dollars for each bitcoin is something which seems almost impossible.Buh lets give it a test of time., I mean we have to be realistic here. The rise up to 10K took a very long time already, and issues like energy costs and transaction fees and a large number of unconfirmed transactions are popping up, to say nothing about whether the crypto economy will make it possible to reach 100M.
December 10, 2017, 08:18:13 AM
When that time comes the transaction fee for bitcoin will cost high hahaha xD
This prediction need more certain attraction for some country because bitcoin is on the long run before it can get that huge amount yes there will be a possibility it can reach in the future but in my own though this will so so long time. Invest now for your future!!
This prediction need more certain attraction for some country because bitcoin is on the long run before it can get that huge amount yes there will be a possibility it can reach in the future but in my own though this will so so long time. Invest now for your future!!
December 10, 2017, 08:09:39 AM
With 0.01btc in wallet the user from a third world country might get turned to be a millionaire, same is not possible with the people from the first world or grown countries. Because each level of country has got its own definition for millionaire, and hope we're will turn to be a millionaire someday through bitcoin.
December 10, 2017, 08:05:30 AM
but what if bitcoin price go down? oops okey it's time to buy it.
thanks for the link news i'm will hold more btc now
thanks for the link news i'm will hold more btc now
December 10, 2017, 08:03:22 AM
too good to be true,
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
Those questions are the reality. But to answer the question, it is possible that it could happen. It could happen but not so soon. We saw how bitcoin price hastily goes up. And maybe just five years from now, its price would be like what we want.
yes it is possible,but i guess by that time most normal people cannot even afford to pay for the fees....
but ofc im one of those who saw bitcoin frm hundreds climbing up to thousands and that was really awesome!
as of now all we can do it wait and be observant...anything can happen fast at this point,either a fast pump continue or a fast dump...
December 09, 2017, 12:35:27 PM
This thread is FULL to the brim with people so doubtful about this being a possibility and it's astonishing to me. If I called your house 10-years ago and told you 70 bitcoins is all you need to be a millionaire, would you have believed that when you began mining 100's of bitcoin on your crappy laptop?
The reality is that the price of bitcoin started at something less than $.01 per coin for the first months, lazslo's pizzas, the early days.. Now that price has climbed exponentially, by countless-thousands of % .. It has made bigger climbs, through tougher times and more complex problems. I don't understand how anyone can be in doubt over this claim. The question is "when," not "if."
If you invested $1 back in those days, you'd have over a million dollars, about 100 coins. These days that $1 only gets you 0.00007; bitcoin has shown all you horses water, yet you refuse to drink... What must it do to make believers out of you?
The reality is that the price of bitcoin started at something less than $.01 per coin for the first months, lazslo's pizzas, the early days.. Now that price has climbed exponentially, by countless-thousands of % .. It has made bigger climbs, through tougher times and more complex problems. I don't understand how anyone can be in doubt over this claim. The question is "when," not "if."
If you invested $1 back in those days, you'd have over a million dollars, about 100 coins. These days that $1 only gets you 0.00007; bitcoin has shown all you horses water, yet you refuse to drink... What must it do to make believers out of you?
December 09, 2017, 11:43:08 AM
what about the news?? there are people saying bitcoin will pop out like a bubble soon.
December 09, 2017, 11:34:23 AM
too good to be true,
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
Those questions are the reality. But to answer the question, it is possible that it could happen. It could happen but not so soon. We saw how bitcoin price hastily goes up. And maybe just five years from now, its price would be like what we want.
yes it is possible,but i guess by that time most normal people cannot even afford to pay for the fees....
but ofc im one of those who saw bitcoin frm hundreds climbing up to thousands and that was really awesome!
as of now all we can do it wait and be observant...anything can happen fast at this point,either a fast pump continue or a fast dump...
December 09, 2017, 11:29:28 AM
too good to be true,
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
Those questions are the reality. But to answer the question, it is possible that it could happen. It could happen but not so soon. We saw how bitcoin price hastily goes up. And maybe just five years from now, its price would be like what we want.
December 09, 2017, 11:26:36 AM
too good to be true,
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
the first question will be how long do u think it might happen?
next question is how about the energy consumption of the miners?
and the3rd question will be how big is the fees will gonna be?
well it might happen who knows right?
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