Would you say its probably 5 at the absolute minimum? I think the number is either 5 or 10. If btc hits 300k, that is 1.5 or 3 million dollars. After taxes, you would have 1 million or 1.8 million right?
So here's the scenario: btc hits $300k and you sell all 5 bitcoins you have thinking you are now a millionaire and set for life. A few years later that $1.5m is now worth $700k due to inflation, and the 5 bitcoins you sold are now worth $5m.
Do you see my point? I don't see this being a game to become a fiat millionaire
Fiat obviously isn't a good long term hold. That's where jerry0 has it wrong. But selling into the next bubble and using the fiat to put into real estate? That's something I could see for myself.
I never want to sell 100% of my coins but I also don't want to wait and hoard them forever either. Heck, I'm still renting an apartment. In some sense, you can't put a price on owning your own piece of land. That's something I'm willing to give up a few of my BTC for.