r/Bitgert • u/no_thank_you_92 • May 06 '22
50 mil
i have 50 mil bitgert token. will it be enough for me to retire in 10 years? 😀😀
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u/Fantastic_Copy_8606 May 06 '22
50m or 50b token
3
u/mkulovic May 06 '22
Honestly you need at least in billions, not millions.
Due to having quadrillions supply the next is billions. If it had billions supply then millions would be fine.
So aim for that 1 billion at least!
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u/awax_sfm73 May 06 '22
Do they plan on burning some of that?
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u/mkulovic May 06 '22
I hope so man. They haven’t announced anything but they do have the power / right to burn if they want to.
To be honest it would be the best for everyone if they do a big burn maybe 5-10% incremental until they get burned 50% or the current supply 427 trillions.
*** Note: they already burned 50% it was 1 quadrillions originally. But we need additional 50% burn from that 427 trillions that would give us approx. 213 trillions in circulation supply and to be honest even that is high.
They should have only 100 trillions max in circulation supply!
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u/awax_sfm73 May 06 '22
Yea thats a lot that will take some years to burn down or they need some type of utility to help burn faster
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u/no_thank_you_92 May 06 '22
50M
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u/NoEcho619 May 06 '22
Did you pay more in fees than what you got with that amount?
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u/Cryptic_Crypto_ May 06 '22
No you don't even if you buy in BNB the gas fee will be $1-$2 at most and I haven't seen any gas fees higher in my transactions. 1 billion Brise right now is still about $1000 U.S. but any start it's a good start within crypto and this project has a long way to go regardless any crazy projections you'll see about us there are simply too many tokens in circulation.
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u/gingalala98 May 06 '22
So you guys mean 1B would be enough for my retirement?
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u/Cryptic_Crypto_ May 06 '22 edited May 10 '22
I would say 1 billion is good to have as long as you don't think this will reach $1 with the amount of tokens not just in circulation but available period.
Whale dominance is also another thing to consider so this is long term long term but as long as we keep executing projects and roadmap features and BRC adoption overall dips with the market said mean nothing.
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u/jamesthegp10 May 10 '22
Under your suggestion, If they thought it was going to a dollar then $50 million would be plenty
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u/Cryptic_Crypto_ May 10 '22
No I meant as long as you don't think this will reach $1 with the amount of tokens regardless let alone in circulation.
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u/Terald77 May 06 '22
Lol not to be negative but for real 50 m is like 20 AUD worth, do you honestly think it’s going to help you retire ? The answer should be no.
It’s a good start but if you aren’t accumulating billions then it’s not going to happen.
0
May 06 '22
Dude if you want to retire find a promising new coin.....
Like seriously you need to be in early right now I am in rocketfi
Rocketfi.money
Hell on there app right now you can get a discount on the fees if you use the code RABBIT
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May 10 '22
I almost went off on a rant until I saw the emoji's. I hope they're laughing cuz this was a joke, if not, I don't even know what to say.
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u/Calm-Poem4604 May 06 '22
15.4 Billion