Post
Topic
Board Bitcoin Discussion
Re: How much bitcoin do you need now to be a millionaire?
by
X2PR8888
on 30/01/2018, 11:14:40 UTC
It really depends on the current value of bitcoin and where you are from, your county simply put or ehere you're residing.  Given the current value of bitcoin in the market, it's around 10,880 USD per bitcoin and so since I am from the Philippines, I would need about 2.5 bitcoins in order to pass the million mark.  The thing though is a million peso in the Philippines is not so much these days.  Yes, I would be able to buy a property but that property would be somehere in the outskirts of the capital and also, I bet that such house and lot would be relatively small compared to how one would envision a millionaire's property. 2.5 bitcoin would buy you a pretty regular sedan here, like a Toyota Vios or Hyundai Accent, a Honda Civic perhaps.  It's not much simply put so my conclusion is that, a decent would be millionaire because of bitcoin in the Philippines should have atleast 10 bitcoins in order to get you settled into the better off properties in the metro, not including those really posh and hig end villages.