So is having just 1.0 BITCOIN aka BTC making it these days?

[Anonymous No.15316501]

like 2 years ago it was 21 minimum. what happened fags?

[Anonymous No.15316524]

I’ve asked and have never received a straight answer. Now there is .28 also.

[Anonymous No.15316534]

people used to think 10k was fantastic dream are-you-serious-suggesting-that's-possible moon land too

[Anonymous No.15316536]

15+

[Anonymous No.15316558]

>>15316501
Depends on how you define making it. A good baseline to take is the current global distribution of wealth (pic related). For the sake of argument, let's assume that someday BTC reaches 5% global wealth (for reference, gold is somewhere around 2.5%).

Suicide Tier: < $10k
This represents 3% of wealth, and 71% of people.
21m * 3% = 630,000 BTC
7.53b * 71% = 5,346,300,000 people
On average 0.00011784 BTC per person if BTC was 100% of global wealth
Factoring in target of just 5% of global wealth:
>0.00235677 BTC or less, might as well end it

Wagecuck Lifer Tier: $10k - $100k
This represents 12.5% of wealth, and 21% of people.
Go through the same calculations as above.
>0.03320053 BTC and you'll only have to work until you're 65

Comfortable Wagie Tier: $100k - $1m
This represents 39.4% of wealth, and 7.4% of people.
>0.29697427 BTC for a content, middle-class working life

Hookers & Blow Tier: $1m - $5m
This represents 26.6% of wealth, and 0.63% of people
>2.4 BTC and you're in a good place. Still need to work, but you can probably retire in 10 years, or blow it all in Phuket

Truly Made It Tier: $5m - $1b
This represents 15.8% of wealth, and 0.069965% of people
>12.6 BTC or more and you will officially make it. Enough to be a NEET for the rest of your life

Ascended Tier: > $1b
This represents 2.8% of wealth, and 0.000035% of people
>4462 BTC to challenge the gods

There are of course circumstances which could sway these numbers higher or lower. For example 5% of global wealth is very optimistic. But on the other hand it's estimated that 4 million BTC are lost forever, increasing scarcity.

[Anonymous No.15316562]

>>15316501
I think time horizon matters. 2025 around 10 BTC, 2030 5 BTC, 2040 1 BTC, 2050 0.25 BTC

[Anonymous No.15316564]

mfw 0btc

[Anonymous No.15316570]

>>15316558
Also for each of these tiers the "BTC per person" is really just an average. For example in the inequality pyramid the bottom 71% people are worth 3% of the global wealth, but that doesn't mean that the wealth is distributed evenly in that tier. You could break each tier up into its own sections that are just as unequal as the overall pyramid itself. In the 12.6 BTC case that's taking the average wealth for anyone in the $5m-$1b range. In reality there are many more people down at the $5m mark than there are up at the $1b mark. In any case, these tiers are less about the price and more about "if BTC takes over, how much do I need to be a 1%er? What about a 0.1%er?"

That's why I find this more instructive than "what if the price/mc was x?". No matter how it shakes out over the next 5, 10, 20 years, one thing I'm certain that will remain is the fact that 1% of people are worth more than all the rest of the 99% combined. And 0.01% of people are worth more than all the rest of the top 1% combined. And so on.

[Anonymous No.15316574]

>>15316558
This dude knows.

[Anonymous No.15316600]

>>15316501
Comfy i have 31.5 BTC
not larping

[Anonymous No.15316607]

>>15316558
in what years are your totals shooting for? How is 12.6 btc somewhere between 5 mil and 1b? kind of a wide range.

[Anonymous No.15316625]

>>15316562
1 BTC will be ultra rich by 2029 , after the 2028 halving literally nearly of all btc are mined and 1 entire btc becomes something only the ultrarich can own.

>>15316564
There is still time frens.

[Anonymous No.15316633]

>>15316600
>Comfy i have 31.5 BTC

Donate a few btc to your biz frens.

[Anonymous No.15316638]

What's my way to my first 5btc? Been at loss for some time

[Anonymous No.15316641]

>>15316600
>>15316633
Digits don't lie , you frens need your economic help in this hard times.

[Anonymous No.15316649]

>>15316600
I know you're not. Only noobs think there are no comfy semi-wealthy on biz

[Anonymous No.15316653]

>>15316633
I honestly owe it all to biz.
I started browsing in 2015 when i was 17.
fast forward to 2017 i found out about ethereum because of you guys and i put my entire savings in at $15 (5k).

Now i'm a 23 year old neet that does nothing but sit in his bedroom rotting away.

[Anonymous No.15316675]

What can I get that can go big as eth. Missed first big trains

[Anonymous No.15316679]

>>15316653
have you ever spent crypto on stuff
I have a couch I spent 5 BTC on

[Anonymous No.15316690]

>>15316679
bought a 2011 audi RS5 last year
Don't fall for the luxury car meme. Expensive as fuck to insure and repair. also had some fucking shitskin reverse into me and drive off at the shops so now i have 5k in body damage that my insurance wont cover.

[Anonymous No.15316694]

>>15316558

It will take BTC 300 years to achieve the same status and asset penetration as gold.

[Anonymous No.15316713]

>>15316694
30 more like it

[Anonymous No.15316720]

Looking for next big gem. Big player in market. Have $1000

[Anonymous No.15316727]

>>15316690
lol I did track day with a 2018 911 gt3
90 minutes for $900 and that was cool but I don't think I'll own one
I bought a toyota tacoma and someone scratched it in a parking lot but I don't care I drive it like an asshole sometimes too it's nice not having to worry

[Anonymous No.15316739]

>>15316558

We really are going to be the new wealthy elite, aren't we?

[Anonymous No.15316740]

>>15316501
there is not enough bitcoin for all millionaires to have 1.

[Anonymous No.15316756]

>>15316727
post taco

[Anonymous No.15316833]

>>15316713
10 years , next year btc will already have an equal stock to flow ratio than gold.

By 2024 we pass gold and by 2028 we leave the solar system.

[Anonymous No.15316852]

>>15316739
Yes

[Anonymous No.15316942]

>>15316607
See
>>15316570

The target of those calculations isn't based on time, but rather a percentage of global wealth. When will BTC reach 5%? 20 years? 2 years? Never?

[Anonymous No.15317134]

>>15316942
What is on the picture? Can't get it

[Anonymous No.15317490]

>>15317134
tilt your head to the left. are you even trying?

[Anonymous No.15317532]

>>15317134
Dont let this motherfucker bully you I thought I was having a psychotic breakdown the first time I saw this image >>15317490
Shut da fuck up!!!!!!

[Anonymous No.15317558]

>>15316653
Cool I'm 24 and I do the same except that I don't have any money :)

[Anonymous No.15317565]

>>15316727
i fucking hate seeing white people buy jap cars

chevy making good shit these days

buy american.

when i see gringo with taco truck i think C-U-C-K weak beta cuck

[Anonymous No.15317578]

>>15317532
What the fuck is it

[Anonymous No.15317648]

>>15317565
Japan makes shit that lasts, cumbrain

[Anonymous No.15317670]

>>15317558

[Anonymous No.15317762]

>>15317134
>>15317578

[Anonymous No.15317844]

Is one btc enough to make it?

[Anonymous No.15317867]

>>15316524
.28 puts you in the 1%. 1 BTC puts you in the .3% of people, likely closer to .1% in practice

[Anonymous No.15317879]

There are going to be 21 million bitcoin. Imagine owning ONE bitcoin out of 21 million. Bitcoin is going to be the worlds future currency and store of value...

[Anonymous No.15317897]

>>15316625
what will be the incentive to mine then? oh yea. that's right. it was a ponzi all along. all the asic farms (china) will get all the fees forever. while everyone else gets poorer. not to mention btc cant scale to meet tx demand so all the tx load will have to be offloaded onto a sidechain or some the coins wi have to be deposited into a bank in exchange for fiat.

[Anonymous No.15317899]

>>15317867
My fiancee and I have about 1~ btc.

Is it enought to be comfortable one day, because to be honest I dont understand that halving chart.

[Anonymous No.15317933]

>>15317897
There isn't as much Bitcoin can do unlike Ethereum. Two different worlds. How is Bitcoin going to scale past 20k without upgrading the blocksize and using a real decentralized scaling solution that isn't Lightning network? Bitcoin backed tokenization of assets is the only thing I can pinpoint as a solution and that will be tough to figure out in its own right.

[Anonymous No.15317952]

How many btc to figure out what’s in that pic?

[Anonymous No.15317958]

>>15317897
gradually bitcoins will be less and less liquid as incentive to process transactions also lesser, as you say. Presumably other chains or systems will process transactions in a different way (not POW) and use their proceeds to pay BTC miners to write the bitcoin transactions should any BTC actually change hands.

[Anonymous No.15317960]

>>15316534
if that charts goes like that I'd be very very happy.
How long till we hit 1m per b?

[Anonymous No.15317991]

>>15317134
>>15317532
>>15317578
>>15317762
>>15317952

[Anonymous No.15318201]

>>15317933
tokenized assets are bullshit just like asset backed crypto is bullshit. it can only be a centralized confidence scam. separating the token from the underlying asset and selling them both is child's play. fucking retarded shit.

[Anonymous No.15318394]

>>15317991
Holy fuck!

[Anonymous No.15319097]

>>15316558
>not even .25 yet

[Anonymous No.15319156]

>>15316649
this... I have a decent amount of money and thought it was king shit til someone showed up one day showing off he was king shit and so on...my stack is a big deal to some here and nothing to others here. the reality only broke hobo losers in their parents basement coming here i s just a lie. even people involved with bitcoin/altcoins have showed up here before or posted. brappers ceo guy posts here alot in brapper threads he or one of his girls probably makes

[Anonymous No.15319257]

>>15316558
>currently at 1 BTC and rising
Comfy if true, the question is how long will it take to get to this point?

[Anonymous No.15319510]

>>15316625
Who will want to buy this shit when Libra and the likes are so much easier

[Anonymous No.15319521]

>>15319257
bitcoins growth is exponential

[Anonymous No.15319528]

1 btc in the near future will be making it but thats just my opinion

[Anonymous No.15319591]

>>15316501
1 bitcoin isn't "making it" at this point in time but if you mange to, I can safely say that 1 bitcoin will be worth well more than $1,000,000 US dollars within 10 years from now, One million is quite the low end for a ten year time frame.

Study the tech. Learn as much as you can about it. Realize that bitcoin is the safest with the most hash power by far. Bitcoin is the most trusted and most decentralized.

It's really a no brainier. Just don't be one of the many that had weak hands and sold. Good luck to you!

[Anonymous No.15319621]

>>15319591
Can you please explain to me who's going to compute once it's not worth mining anymore

[Anonymous No.15319874]

>>15319621
What will end up happening is there wont be a need for miners so it will come down to fees on transactions

[Anonymous No.15319922]

>>15316679
I paid back my student loan with Bitcoin back in 2017.

[Anonymous No.15319931]

>>15316653
ill suck ya for half a btc

[Anonymous No.15320269]

>>15317991
Fucking 2 minutes.

[Anonymous No.15320291]

>>15317991
It's embarrassing that I never got this until now. Thanks.

[Anonymous No.15320293]

>>15317648
this, im french but next car is Toyota or Honda for sure

[Anonymous No.15320528]

the "make it" minimum investment has always been roughly equal to the maximum investment of the average bagholder.
most people won't buy btc if they can't afford a "make it" investment, so shills continuously modify that term.

[Anonymous No.15320603]

>>15317991
i still dont see it
might have legit brain cancer

[Anonymous No.15320688]

>>15319510
libra is a remittance and payment rail, not a hard capped store of value, dickhead.

[Anonymous No.15320795]

>>15316501

Aim for what you can in bitcoin over the next 12 months. Hold at least two forever, try and sell on the way up to 100-300k this bullrun and by the bottom of the next bear at 30-40k.

By 2028 halving the block reward will be negligible, at which point we'll either rely on fees alone, or there will have to be a tail emission. Either way, the game theory dictates whatever needs to be done to maximise bitcoin value and security will be he way we proceed.

I'm confident as fuck in this shit.

[Anonymous No.15320825]

>tfw just .125 BTC
BUT I BOUGHT SO MANY ETH DIPS
REEEEEEEEEEEEE!!!!!!!!!

[Anonymous No.15320831]

>>15316501
You absolute moron, 21 BTC was suicide insurance. As in “if btc hits 1 million USD youll be set for life”, the thing about suicide stacks don’t change as value goes up because the first suicide stack takes into account price growth. So a 10k LINK stack is a suicide stack precisely because LINK could hit 1k and you don’t want to “commit suicide” if it does. You never sell your suicide stack unless it’s worth millions. Now LINK is 2 dollars and people are saying “1k LINK is a suicide stack” which is illogical. LINK would need to hit 10k USD price for the original projection to be changed.
Anyways to make it you need 21 BTC, 10k LINK, 100 ETH, 210
BCH, and 300k FTM.

[Anonymous No.15320850]

>>15316501
The go-to number is still 21 if you want a comfy care free life assuming the peak is somewhere between 200K and 2M USD (adjusted for inflation). Most of /biz/ will never truly make it and that's the harsh truth

[Anonymous No.15321181]

This bread makes me euphoric to buy some more. Good work.
And wtf, 1m$ is enough to neet until the end. Do some safe harbor investment (index fond, real estate) with 0.5m or so whike neeting and you're good.

[Anonymous No.15321350]

>>15316501
5-10 BTC will be worth over a million in a few years

[Anonymous No.15321379]

depends on what you do with it, maybe use it to buy some alts that will give you 170x returns like VID? I don't know....you decide

[Anonymous No.15321561]

>>15321379
Totally, bigger risk/reward with these alts. All in on this Vid token, I've made my initial amount back 50x over!! I'm so happy!

[Anonymous No.15321656]

>>15316570
Hi Fren.

Another way to calc this (really similar method you are doing, but with a twist):
Currently, there is approx $15T USD of M2 money and about 600M daily users of USD. Therefore avg distribution is $25K each. Having "made it" is to probably have >$4M USD. Therefore thats 160x times avg distribution.
If in the future 1B ppl use BTC, thats an avg distribution of .018BTC each. Therefore 160x that is 2.88 BTC (this therefore implies a future purchasing power of 1.3M USD per BTC).

Anyway you slice it, if BTC reaches widespread use, having made it will be 1-10BTC - and that number may move 10-20x lower still if adoption reaches some large percentage of the population

[Anonymous No.15322426]

>>15319528
I hope so.

[Anonymous No.15322466]

>>15316641
Nice Apu

[Anonymous No.15322494]

>>15317899
No one knows, just wait until 2025

[Anonymous No.15322496]

>>15321656
Bitcoin will be M1

[Anonymous No.15322708]

>>15322496
Very optimistic but also possible long-term, as the whole point of M1 is massive liquidity. The biggest hurdle is scaling, and LN is still extremely far from being user-friendly and grandma-proof.

[Anonymous No.15322745]

>>15316501
1 btc and you might be able to retire in 10 years

10 btc and you can retire in 2

[Anonymous No.15323471]

>>15322745
>1 btc and you might be able to retire in 10 years
that's my alternative pension plan btw, but i will keep 1 btc indefinitely after cashing out who knows where it goes.

[Anonymous No.15323986]

>>15316558
I just know I'm gonna have to wagecuck for decades

[Anonymous No.15324968]

>>15316558
1mil might be enough to make it if you live in a low CoL place and are generally frugal. Better to err on the high side and shoot for 5mil or so

[Anonymous No.15325031]

>>15316558
deserves its own thread desu

[Anonymous No.15325610]

>>15324968
Yeah, you could live off of only 50k a year or so. Also have to assume a good chunk of whatever you cash out is gonna be lost to taxes or some other bullshit.

[Anonymous No.15325627]

>>15316558
nigga, i've truly made
going to ascend the tiers

[Anonymous No.15325827]

>>15316558
>5% of global wealth
BTC value will be 100%

[Anonymous No.15325854]

>>15317565
fiat is law and order. crypto is anarchy. if you are patriotic keep buying usd

[Anonymous No.15325912]

>>15325854
Fiat is the funding mechanism for chaos, the Federal government is an entropy machine. The sponsor of senseless wars, the exploiter and impoverisher of the people, the principle cataylst behind societal breakdown.

[Anonymous No.15326058]

I currently own 0.5 BTC, I’m a poor student in the U.K. and in the next 10 years I literally just want to buy like a £300,000 house so I don’t have to mortgage cuck, is...... is this gonna happen??

[Anonymous No.15326507]

>>15326058
no but you can put 40% down

[Anonymous No.15326836]

>>15326058
Maybe in 20 years sure.

[Anon !qz5X8fS6nY No.15326849]

>>15316501

[Anonymous No.15326984]

>>15325854
>t. glownigger

[Anonymous No.15327854]

>>15326058
It's possible 10 years from now, but not "in the next 10 years"

[Anonymous No.15328002]

dont let that distract you from the fact that Hector is gonna be running three Honda Civics with Spoon engines. On top of that, he just came into Harry's and ordered three T66 turbos with NOS and a Motec system exhaust.

[Anonymous No.15328312]

>>15325854
more like fiat is backed by law and violence
crypto is backed by math and probability

[Anonymous No.15328321]

>>15325912
Ultra woke, fiat is entropy and has dissorted the markets to the point a shitty apartment costs 35 years of savings causing the civilization energy to collapse as fertility collapses.

[Anonymous No.15328340]

>>15328312
and it begs the question which one do you think is stronger? i mean law and violence are big words certainly but i'm gonna go with math.

[Anonymous No.15328606]

>>15326058
Yes. Half a Bitcoin will yield you a nice upscale townhome within a few years. You’ll never need to pay a mortgage, but you will need to continue working.

[Anonymous No.15328748]

didn't expect this to keep going for almost 24 hours after posting. I feel that 1.0 is going to be "yeah right" tier within 2 years.

[Anonymous No.15328986]

>>15328606
I want to fucking believe

>>15328748
Thanks to >>15316558

[Anonymous No.15329616]

>>15316558
Interesting, are you taking the fact that it's estimated that 25% of BTC is lost already into the account? And this number is going to rise in the future, likely.

[Anonymous No.15329830]

>>15316653
wtf?

I dumped my whole savings (10k) in at around $13 in Feb 2017. Thanks to /biz/ and the Harold memes. Well, actually...the EEA is what ultimately did it for me.

[Anonymous No.15329851]

>>15329830
Why are you still here instead of making a family?
Every human has one chance of fulfilment even if all their other dreams fail, and it's to become a parent.

[Anonymous No.15329896]

>>15329851
Haven't met the one - stopped looking

[Anonymous No.15329953]

3.3333 btc here. i'll sell .3333 once we get to 100k to cover my initials buy in and then some. probably put it towards a down payment on a reasonable house. then continue to wagecuck for the next 5-10 years and see what happens with the other 3 btc.

[Anonymous No.15330145]

>>15329953
If it gets to 100k, sell one and live off of that for the next few years while waiting for the supermoon

[Anonymous No.15330215]

>>15330145

i'd rather wagecuck for 5 more years and hold onto as much btc as possible while covering my buy in. don't mind my job too much and maybe i'll even buy in more when it crashes from 100k to 20k

[Anonymous No.15330235]

>>15316558
Now do LTC

[Anonymous No.15330536]

>>15325854
>yes goy, work for the jewdollar so we can print more and skim from the top!

[Anonymous No.15330567]

>>15329953
Probably a smart idea, don't get lazy too quickly.

[Anonymous No.15330591]

>>15316558
BASED

[Anonymous No.15330605]

>>15316558
If I make about $100k but I have more than 0.5 BTC what does that mean in relation to what you are saying?

[Anonymous No.15331077]

>>15316638
Start a business

[Anonymous No.15331092]

>>15316694
I really doubt that considering the current trajectory

[Anonymous No.15331117]

>>15317933
First mover advantage. Chad or Stacy won’t buy eth but they’ll buy btc. If they could spend erc20 tokens for coffee, that’s a different story

[Anonymous No.15331141]

>>15319097
You’ll make it fren, just keep trying:)

[Anonymous No.15331237]

>>15328002
Fukn congrats hector

[Anonymous No.15331663]

>>15330605
It means you have more than 0.5 BTC and you make about $100k. We're talking about personal wealth. Wages are not wealth, they are an agreement between you and a company to transfer a bit of wealth to you twice a month as long as you keep doing your job.