Tfw 2BTC

>tfw 2BTC
>literally nothing else

Am I rich?

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no

how does a used toyota camry sound?

close your eyes and imagine.
Yes

if you can hodl for 10 years, then yes you will be rich

A CAR? OH BOY I HIT THE JACKPOT BABY !

well if you play your cards right you can be pretty easy since amount is medium

I have 6 bitcoins

You're not rich, but you're not poor. Grind your way towards 21 for financial freedom. It is too late for you now that Institutions will be entering the space though. As more businesses add a 2-5% hedge of BTC onto their ledgers you will find it harder and harder to accumulate more.

Don't listen to these brainlets. Chad maxi here: you'll have at least 1 mil by 2025, probably closer to 2 mil. Next halving Bitcoin will be TWICE as scarce as gold judging by the stock-to-flow ratio. Gold sitting near 10 tril marketcap now and going higher. You do the math.

If I were you I'd sell at least one near the high in 2021 and use it to accumulate more after the inevitable crash. Follow the halving chart. Good luck, you've already made it. Just a matter of patience now. And be sure your BTC are secured and backed up and not on the exchanges.

/Thread

what if raoal pal gets scared

>stock to flow model
stopped reading right there

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In 10 years you’ll be a millionaire, just keep hodling

This. 6 btc maxi here.

Checked and same

I have 8 mBTC but live in a hyperinflated country so it's not bad
HODL on if you can

Honestly this
In Lebanon people who bought into Bitcoin can get USD cash which is an awesome use to get money and donations from abroad without the goddamn banks screwing everyone over
based reply

bitcoin bulls who can't propose a reasonable solution to the scaling problem are probably not the people to be listening to.

bitcoin is a continual game of chicken with speculators

Be patient and you will be rich.

Diversify but don't be a retard about it, honestly keep holding your 2 btc and just invest slightly more from your paycheck or bank account in coins with lesser value
More risk=More reward but do your research and avoid scams

i guess the question is whether you can picture bitcoin succeeding as a store of value rather than as a currency.

and even as a store of value, mass adoption would probably entail a transaction throughput an order of magnitude higher than what bitcoin is presently capable of.

and the reality is, anyone who wants a pure store of value would buy silver or gold. if they're into bitcoin, they're speculating. anyone who claims otherwise is straight bullshitting you.

i guess the price will keep increasing as long as it is in demand, so it probably has more room to grow.

not yet but you will be

doubtful bitcoin can already do more tx/sec than visa

it cannot. the lightning stuff doesn't actually put most transactions on the blockchain. it could also be implemented using more robust coins like xrp.

welll, i'm gonna say... technically... due to inflation and other factors.... well..... no

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you might have enough to buy a house in Western Iowa if you're lucky

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Put all of those into Radix's token sale and you will be stinking rich....they are having a token sale right now...be a chad and go all in

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hmm... Let me think...
Okay. Put away everything you know about Bitcoin, and all of your emotions towards it. Without it you will not understand, what I have to say
Bitcoin can process only 4 tx/s.
Block rewards are getting halved every 4 years
Which means, that withing 7.5 years, reward for mining blocks will only be 1/4 of what is being mined right now
This feature clearly states, that either BTC's price needs to increase 2x every 4 years, or miners need to start earning money from fees
And we all know, that nothing can go up forever. Which means, that in future miners will need to earn revenue from fees. But there is an artificial limit, that makes it impossible to make more than 4 tx/s. That means, that miners sooner or later will go bankrupt. With low hash rate Bitcoin is going to get vulnerable. Within 20 years Bitcoin is going to die. Some people might think, that a simple solution would be to turn off halvings, and make block rewards constant. The problem with this approach is, that all 21 000 000 BTC already exist. The only thing is, that they are getting distributed. All 21 000 000 Bitcoins exist from the moment, when genesis block was mined. Making constant inflation would also mean, that Bitcoin would be considered a security.
In other words Bitcoin in current state of affairs is doomed to fail. It will pump thanks to TA fags, and speculators during the upcoming bullrun, but fundamentally it's a garbage. It was overtaken by people, which wanted to make it into something that it isn't. It was designed to be a massively scalable peer to peer digital electronic cash. While people who overtook it wanted it to become digital anonymous gold, free from governments, and law enforcement.

If you want to make it, you need to find blockchains, that actually scale. It's not easy when you take into account all of the disinformation that takes place. Especially from Bitcoin core.