Post
Topic
Board Economics
Re: How many BTC will make you a fiat millionaire in 5 years?
by
hurain
on 09/02/2017, 06:26:04 UTC
How many BTC will make you a fiat millionaire ($) in 5 years? Why?

from the price of bitcoin now, it may take just around 1000 btcs to be a millionnaire and even less if the price continues to rise. Though i don't think it would be that easy to earn a thousand btc's also so it would really be a challenge if your goal is to be a millionnaire through bitcoins.
i think the rice of bitcoin is effecting the need of a person. for example a year before the price of bitcoin was trading below 500 USD so if a person was needed 1000 USD and if we compare the need of this person withe present price of bitcoin as bitcoin is now trading above 1050 USD level. so think he will need about 470  bitcoin to meet his needs. therefore i will like to say that it depend on the price of bitcoin.