Post
Topic
Board Speculation
Re: How many Bitcoins needed to retire in 5-6 years?
by
jonald_fyookball
on 03/08/2014, 21:09:44 UTC
In your opinion how many Bitcoins would someone need today in order to retire by August 03 2019 or Aug 03 2020?

Assume average North American, requiring $30,000 per year of today's purchasing power, no other debt.

200 BTC.

my reasoning. By that time, Bitcoin could be worth $5000.  so that gives you 1 million dollars, or 33 years.
Bitcoin should continue to appreciate though, so you'll actually get more.