Quote from: FIFA worldcup on February 27, 2022, 05:40:45 AM

Quote from: lenovop-70 on February 18, 2022, 04:09:16 PM

If Bitcoin reaches a price above $100K, maybe yes you will be rich, but it won't take long if you don't use it wisely, it will just flow out.
Talking about its value, 0.01BTC wouldn't be worth it here if we didn't convert it to Fiat, and I think it's the same in most areas that don't yet accept Bitcoin as a legal currency.
So my answer to this discussion is, 0.01BTC can make you rich if you play the money wisely.

Today this 0.01 btc did not look a big amount but one day it will be enough to count you in the rich people if you have it. Think of 1 bitcoin price in 2015, if you had 1 bitcoin since 2015/16 you are not among the millionaire.
The same will happen with 0.01 btc in next 10 years.

0.01BTC doesn't look like wealth at all right now. Even with a rate of $10.000 for 1 BTC, it will be only $1,000, which is also not the ultimate dream of investors. At a rate of $100.000, this will also look different from wealth - $10,000.

But what is wealth? What amount can be considered as wealth? $10.000, $100.000 or $1000.000? Most likely, $1.000.000 is the best amount. Then how much should bitcoin cost so that 0.01BTC holder can be called a rich man? It turns out a fantastic amount of $100.000.000. Theoretically, this is possible, but not a single holder is physically able to wait for this moment, unless, distant descendants will find that glorious time.

Therefore, my verdict is this: 0.01BTC will not make you rich (maybe only your great-great-great-great-grandchildren), but 1BTC is quite real (at a rate of $1000.000), but you will have to wait more than a dozen years.