. If bitcoin becomes as big as USD, then 1 btc would be $1million 
Topic: Bitcoin= 1M$ tomorrow. What you will do? - page 2. (Read 4852 times)
those comments always make me keep my Bitcoins in my wallet instead of using them . If bitcoin becomes as big as USD, then 1 btc would be $1million
. If bitcoin becomes as big as USD, then 1 btc would be $1million 
I don't want to derail the topic, but what about the potential upcoming bubble? I feel like many people will go with the notion that the coins are "cheaper" but still reputable enough to invest in.
People think 2013 was the year of Bitcoin. It was of course but you would've made a lot more money if you'd parked a similar initial outlay in LTC.
Same for plenty of other alts too but there aren't many others that you could actually pull all your funds out of without wiping out the market. The rises are larger and the falls are more brutal.
Effectively Bitcoin is in the exact same boat as all the other coins with a little bit of utility tinsel at the moment. If we take the $1 mil scenario then it's become a completely different deal. No other coin could be anywhere near in terms of market cap. Alts would have enormous rises on the way up and then plummet.
As ever in alt world you can make more money if you know when to enter and when to exit. It's the timing that makes or breaks you.
Let's say Bitcoin does go to Moon-illion overnight, what would the ratio of BTC to LTC or PPC? If I invested $100 at prices right now, would my 300~ PPC or 35~LTC make more than my .44 BTC? These are all roughly about how many coins I could get.
That's a very interesting question. A $1 mil coin at similarish buying power to now would mean that it had effectively conquered the whole world. The speculation phase would be long, long gone.
Most of Bitcoin is still speculation, LTC and friends is in a similar but even more intense boat. I'm sure they'd rise massively as many people are so fucking dim they think it's 'cheaper' to buy but they'd eventually be exposed as totally useless and turn to dust as BTC sailed away into the future.
It would be the greatest pump and dump in human history. If you could time it you'd make even more money.
I don't want to derail the topic, but what about the potential upcoming bubble? I feel like many people will go with the notion that the coins are "cheaper" but still reputable enough to invest in. I'm not advocating for any one coin, but if prices were semi-stable, PPC for instance would give you 1% of your coins back per year. Those sort of things in addition to people pumping smaller coins ("I can't afford whole bitcoin so I'm going to invest in x or y instead" logic) might push me towards alt coins.
It would be interesting if someone had the ratios of BTC to alt coins during ATHs. Regardless of the perceptions on longevity or utility on alt coins, I would think the one with the most buying power would be best.
This is all going past what OP was asking though; it it was convenient for me to use purely bitcoin I would use it for most transactions. I wouldn't be a millionaire for long if I bought tons of nice cars and houses, as much as I would want to. I would most likely take the money out, because of the massive overnight volatility, and invest it in a "safer" outlet. I would be dismayed to be damaged financially by another huge crash.
i like bitcoin, but $1M in the foreseeable future stretches the credulity.
Why would big money holders switch to bitcoin?
They are quite cozy as it is; they know the rules of the game well and their assets prices were appreciating relatively steadily.
The Wall Street rush, predicted by Mr Silbert, never materialized.
I think that slow, but productive software development is the future of Bitcoin.
Maybe Bitcoin 3.1 will have a chance, but not Bitcoin 0.9
Why would big money holders switch to bitcoin?
They are quite cozy as it is; they know the rules of the game well and their assets prices were appreciating relatively steadily.
The Wall Street rush, predicted by Mr Silbert, never materialized.
I think that slow, but productive software development is the future of Bitcoin.
Maybe Bitcoin 3.1 will have a chance, but not Bitcoin 0.9
Let's say Bitcoin does go to Moon-illion overnight, what would the ratio of BTC to LTC or PPC? If I invested $100 at prices right now, would my 300~ PPC or 35~LTC make more than my .44 BTC? These are all roughly about how many coins I could get.
That's a very interesting question. A $1 mil coin at similarish buying power to now would mean that it had effectively conquered the whole world. The speculation phase would be long, long gone.
Most of Bitcoin is still speculation, LTC and friends is in a similar but even more intense boat. I'm sure they'd rise massively as many people are so fucking dim they think it's 'cheaper' to buy but they'd eventually be exposed as totally useless and turn to dust as BTC sailed away into the future.
It would be the greatest pump and dump in human history. If you could time it you'd make even more money.
If bitcoin hit 1M maybe that means fiat become toilet paper and we can't even buy a shit car with that 1M, who know anything can happen.
Well i will be ok just giving some to my family and charity, to pay some debt sadly, and buy a house far from city with fertile soil to farm.
Well i will be ok just giving some to my family and charity, to pay some debt sadly, and buy a house far from city with fertile soil to farm.
Let's say Bitcoin does go to Moon-illion overnight, what would the ratio of BTC to LTC or PPC? If I invested $100 at prices right now, would my 300~ PPC or 35~LTC make more than my .44 BTC? These are all roughly about how many coins I could get.
It would be interesting to see, I'm guessing that the other coins could very possibly be pumped to make almost similar profits. This slightly occurred during the 1k market, but I'm not sure it would work this same scale.
I know it's my first post, but I'm trying to think outside the box.
It would be interesting to see, I'm guessing that the other coins could very possibly be pumped to make almost similar profits. This slightly occurred during the 1k market, but I'm not sure it would work this same scale.
I know it's my first post, but I'm trying to think outside the box.
If it reaches to 1 Million $ tomorrow I will cash out and will be millionaire for sure.I will start shipping company to offer services for trading purposes.I will not wait to convert all my wealth into fiat money and I am waiting for that day.
repay my mother
Assuming that it's risen against other major currencies as well...
...then I'd assume that it would shortly fall back. I'd (a) sell calls with an expiry a few months ahead, and (b) buy short-term puts. I'd also start considering where I could free-up fiat, to buy BTC when it falls back.
I'm useless with timing BTC sales/purchases, and don't have easy fiat access to an exchange (banks in the UK are pretty hostile to bitcoin) so I doubt I'd have a chance to sell any BTC before it hit USD 1MM. I'm also wary of the tax hit I'd take - I'm not really planning on converting BTC to fiat until I can do it in as tax-efficient way as possible, and that's not a problem I need to face right now. Once it happens, though, yes, I'll buy a boat, an island and live a life of luxury!
...then I'd assume that it would shortly fall back. I'd (a) sell calls with an expiry a few months ahead, and (b) buy short-term puts. I'd also start considering where I could free-up fiat, to buy BTC when it falls back.
I'm useless with timing BTC sales/purchases, and don't have easy fiat access to an exchange (banks in the UK are pretty hostile to bitcoin) so I doubt I'd have a chance to sell any BTC before it hit USD 1MM. I'm also wary of the tax hit I'd take - I'm not really planning on converting BTC to fiat until I can do it in as tax-efficient way as possible, and that's not a problem I need to face right now. Once it happens, though, yes, I'll buy a boat, an island and live a life of luxury!
I would wake up from my dream 
lol
lol 
Investment properties and travel. An island would be cool as well 
As you can see, more of us will change it...
It's true there are a lot of users we don't got 'large amounts' than others who can become millionaires with a small amount of his total stack of BTC, but we believe in that hope, and if that day arrives it will make the real difference to us, without a retirement but with something to began a quite better new life with new projects to come.
I dind't put a cent in BTC, but if it makes me millionaire I don't care how BTC project continues, that's the true... and that's because I'll use my money to my own projects (with payments in BTC, that's for course) and some years of my life will be sure in economic way, but not forever, and I should work in something new & different, as allways I've done; that's why I will change my BTC to cash.
It's true there are a lot of users we don't got 'large amounts' than others who can become millionaires with a small amount of his total stack of BTC, but we believe in that hope, and if that day arrives it will make the real difference to us, without a retirement but with something to began a quite better new life with new projects to come.
I dind't put a cent in BTC, but if it makes me millionaire I don't care how BTC project continues, that's the true... and that's because I'll use my money to my own projects (with payments in BTC, that's for course
) and some years of my life will be sure in economic way, but not forever, and I should work in something new & different, as allways I've done; that's why I will change my BTC to cash.
I have only 1 BTC and I will really hold it till it reaches to 1 million $.I will start some decent business and make new house because this not much money for what I want to do.Anyway this is nice amount if this happens.
I would sell all my BTC and invest in real estate and hotels industry as well as in It.I will become one of the business tycoons in my country.A luxurious mansion and few cars will be ahead.
If this happens I will take early retirement and enjoy the rest of life by exploring and visiting the world.I will have more than enough money to stay just with interest and income from different investments which I will do.I will donate 25% of my wealth to needy people to share with them also.
i would keep my bitcoins as i would expect the price to go even more up i think i will never sell my bitcoins unless they will be accepted as a global currency
$1 million is completely possible. But the problem is most of them would be selling it when the price goes even one tenth as much.. (before jumping back, of course) 
If it would happen by tomorrow i will buy my own Private Jet and will shift to my own private Island with my girl friend
i will gift 10M USD to my friends and relatives if this would happen by tomorrow.
i will gift 10M USD to my friends and relatives if this would happen by tomorrow.
If bitcoin will hit $1M tomorrow then my dream will come true, to be a millionaire and I'm gonna buy all the things I never had
Bitcoin 1 M$ never happen ........ bitcoin introduced block chains to us not future money .... at future banks and financial offices will work on block chain for release another form of money ...... every begging has a end ... Bitcoin will end at 2030 forever .....
Killjoy.
Your reaction?
That's mine:
1- Keep all copies of wallet continues on their own secure places.
2- Go to my bank and tell them I got more than 1 BTC and I want a new house at 50% of their value and a car for free of their stock (in my country there are a lot of them, people don't pay their credits
) for the transaction. If they're not agree, there are a lot of banks they will recieve me most greatefull...
3- Go to the same mall of ever with my only friend who got BTC to play bowling, drink Burn and play PumpItUp all night...
4- Tell him: 'Dude, we are millionaires... And that's all for you. Thank you".
That's mine:
1- Keep all copies of wallet continues on their own secure places.
2- Go to my bank and tell them I got more than 1 BTC and I want a new house at 50% of their value and a car for free of their stock (in my country there are a lot of them, people don't pay their credits
) for the transaction. If they're not agree, there are a lot of banks they will recieve me most greatefull...3- Go to the same mall of ever with my only friend who got BTC to play bowling, drink Burn and play PumpItUp all night...
4- Tell him: 'Dude, we are millionaires... And that's all for you. Thank you".
Bitcoin 1 M$ never happen ........ bitcoin introduced block chains to us not future money .... at future banks and financial offices will work on block chain for release another form of money ...... every begging has a end ... Bitcoin will end at 2030 forever .....
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