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2394008 No.2394008 [Reply] [Original]

At 2020 I will want to quit my job and start traveling the world for a while.
I would like to have around 1 million in crypto.

At the moment I hold 6,8 BTC value with 85% in ETH.

According to this fellow this would be enough.

https://twitter.com/lopp/status/872073507127128065

Thoughts?

>> No.2394036

sure let me go to the future and tell you exactly what you need faggot

>> No.2394038

>>2394008
Go all in $UBQ

>> No.2394050

>>2394008
1 btc or 3 ETH

>> No.2394067
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2394067

>>2394008
>Doesnt know how to post a link
>Wanting to become millionaire

>> No.2394097

>>2394008
about $10 million worth of cryptos at today's prices. In three years they'll probably be worth 10 times less than today.

>> No.2394112

>>2394038
Why do people put a dollar sign in front of the coin name?

>> No.2394125

>>2394112
they forget they're not on twitter

>> No.2394127

>>2394036
fpbp

If anyone had that kind of insight we'd all be billionaires. This thread is just asking for shills.

>> No.2394142
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2394142

>>2394036
>>2394127
I asked for opinions and speculation

>>2394038
5% is in ubq, 5% in LBC and 5 % in SWT, I do not dare move my eth

>>2394050
Optimistic, I like it

>> No.2394162

>>2394142
Here's some speculation

>According to this fellow this would be enough
This fellow doesn't take into account that if Bitcoin ever reached even 10k it would take transactions weeks to go through. Even now I waited for 24 hours for a single confirmation. This is a serious design flaw and will be the end of Bitcoin at some point without some massive revamps to how blockchain works.

>> No.2394226
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2394226

>>2394162
It took less then a hour for me yesterday, but might be the fee.

>10k btc might take transaction time to weeks.
Fair point, I expect this will be resolved with the soft/hard fork we will see soon?

>> No.2394312

>>2394008
>https://twitter.com/lopp/status/872073507127128065
he makes an arithmetic mistake, you cant average out compounded values.

For example, suppose I have $100. It goes up 20% on the first day, then down 10% on the second day.

day 1 value:120
day 2 value: 108.
but the average is 20% + (-10%) = 10%.
so by his math I would have 110 (it overstates the value).

Now, if over 7 years (2555 days), bitcoin really did .42% per day, and was $1 7 years ago, it would now be worth 1*(1.042^2555) = 45,000.

>> No.2394355

>>2394312
basically he mistakes a geometric mean for an arithmetic one.

>bitcoin """engineers"""

>> No.2394388

>>2394008
1

>> No.2394790

>>2394038
UBQ is a fucking scam and a rebrand from JumBucks.


Shit, clueless devs.


Offers no unique value.

>> No.2395210

>>2394008

6,8 BTC will be enough, however, you should really put 90% in BTC and 10% to play around.