Topic: How will it affect your life if bitcoin price comes to $1 million per bitcoin? - page 5. (Read 1012 times)

If Bitcoin price hits $1 million per Bitcoin. It's a life changer of every holders it doesn't matter the holder are hold he use amount of BTC or some amount of 1 BTC. Satoshi Nakamoto make this coin for changing life of holders. You can see everybody holder can make and huge amount of profit it's not huge but a good amount of profit from it. If the proper analyse the market and invest in right time I am not saying that BTC make every time profit for everyone. But you can see the analysis price action. It can make a good profit. It's a life changer for those who hold BTC in 2009 to 2015. You can see BTC highest price hit $69k. BTC predictor are predicted Bitcoin going to hit after having $100k. There is huge possibility to Bitcoin heats $1 million dollar in future. If it hits 1 million dollar in future anytime then it is a not just a life change its a golden life changers who hold a bitcoin or many bitcoins.

I do not hold enough Bitcoin for it to become life changing if it were to reach $1 million. Maybe I will be able to afford a few things I've been saving up for but it wouldn't be enough to live off of for more than a few months unless I moved to a country with a significantly lower cost of living. There is still plenty of time before it reaches that price so I will be busy accumulating in the meantime. If I do reach that goal of having more than 1 BTC and became a millionaire I would cash out some of it to help my family and also make some investments that will provide additional sources of income.

It will be a good news and many bitcoiners will be millionaires and billionaires. I will be very much glad and smiling because I will use that period to complete my projects and life will change to good. But for bitcoin to reach that is still far. And for now we are predicting the price range to be $70k to $80k based on the previous ATH of 2021.  Though that price of $1 million of bitcoin is achievable but not now. It is a higher expectation for years to come.

It's quite dramatic indeed for someone who has a little bitcoin and bitcoin moves to such a high price in such a fast time, but I think it's still just a hallucination today, and you can still continue to save bitcoin from now on, even if only little by little you can get a lot of bitcoin as long as you want to consistently save it.

And if you feel that it's still not enough then I think you can look for an additional job to get additional income and you can save a little more bitcoin than before relying on your main job. And I guess on forums you don't spend much time, so chances are you could earn more money if you had another job.

If the price of Bitcoin becomes a $1million , then I can make a huge profit. My own intention was to build my own house,but there was some problem of lack of money . after watching bear season I started investing in Bitcoin instead of building a house, because I knew that Bitcoin could give me huge profits and in the next bull season I would be able to build a house with my profits.

I didn't invest with the intention that Bitcoin will reach a $1million  this season, but if it happens with luck, I will own a house as well as a new car. Which is my biggest wish in life. Well, human beings have many desires which are impossible to fulfill, but I am sure that Bitcoin has the potential to fulfill many of our desires. The biggest advantage of this will be that people around us who talk negatively about our Bitcoin investment, We will be proud to tell such people about the benefits of Bitcoin.

It can happen or may be it never take place because everything is unpredictable same is the case with our life that we don't know how long we will live or if bitcoin reaches to such a higher value then we will be there or not? Personally I think that accept the little benefit as these little things can make you Millionaire one day.
If there is a possibility of occurrence of such a huge achievement then surely it will take lots of years to be happened and also this process is not a continues process, for reaching $1 million you will definitely see large number of ups and downs. There is a Bull run coming due to halving so I don't think that people will wait more for 1 million but they will eventually sell their bitcoin during halving.
If fortunately bitcoin touch the value of $1 million then all Bitcoin's holders will be Millionaire but who knows that how will be the situation of country in future. Will they accept bitcoin? will they give permission of bitcoin holding? because bitcoin is not permissible in every country so take the benefit when you have and don't wait more as situations can alter anytime.

I'm following these news but I'm not too worried, the dollar dominated before the rise of China. In the end what matters is what money you want to have in your pocket/bank account, and clearly nobody wants Chinese money, not even Chinese people, they're just forced to have it.

The reckless deficit of the US government is more worrying.

If the price of bitcoin reaches 1 million dollars, in general it will definitely change my life a lot. Because of course I will get a lot of benefits from the bitcoin investment assets that I have held so far. But even so, I don't think Bitcoin will reach the price of 1 million dollars anytime soon. Maybe it could happen in a few more bitcoin halving cycles. Because in Bitcoin's upcoming halving cycle next year, most investor biggest price prediction is just $100K in the upcoming bull market. So my estimate for touching 1 million dollars in bitcoin will take a little longer. Therefore, currently the prediction of bitcoin reaching a price of 1 million dollars is still a hope for the future of bitcoin investors. The reason is, the price of one million dollars is still very far from being reached by bitcoin. However, this is very likely to happen in the future. Because all of this can be seen from current Bitcoin users, who still make up less than 10% of the human population on this earth.

Source: https://coinvestasi.com/berita/proyeksi-investor-kripto-seluruh-dunia

So it can be predicted, if for example cryptocurrency (bitcoin) users can reach 20% of the human population on this earth alone, then the price of bitcoin will definitely jump even higher. Therefore, in essence Bitcoin still has a lot of potential to continue to experience price increases. And it is not impossible that one day Bitcoin could reach a price of 1 million dollars.

If the price of Bitcoin hits such a high level of price, I will be both sad and happy.

I'm sad because I truly want to save Bitcoin, but it's difficult for me to do so because my income only covers my basic needs, which is I only save so little. Most of us who have faith on Bitcoin that will reach such a high price undoubtedly feel the same way I do.

On the other side, I am happy because there are still many individuals who do not believe in Bitcoin and claim that it is a scam. If this occurs, individuals may change their thoughts and believe Bitcoin is a legit.

I will still continue my normal life. The question here is "When this will happen". Let's say if this happens when I am about to retire, maybe my retirement will be early or maybe it will happen at my age when I can be considered as senior citizen, my senior life will be happy and after that, my children will be also have a good life in the future because I am investing always for the future.

Not everyone has the mindset of saving when they made it big with cryptocurrency; for some of us, that's really the time to live our ideal life. Of course, we enjoyed and traveled on vacations; just do what makes you happy, because life is unpredictable, and the unexpected can happen at any given moment. Don't get me wrong: we will make prudent investments that will generate enormous amounts of financial resources for the system. What are we going to express if bitcoin reaches $1 million? I can attest to the enjoyable lifestyle. Everything about me will change, including the automobiles I drive, the opulent houses I'll live in, and an increase in the standards of living.

I am not bitcoin holder but altcoin holder, although not really effect with bitcoin price raise to $1 million I don't think not huge speculation or imagination with bitcoin will raise $1 million. Beside many people want to see bitcoin will raise to $1 million but I don't sure they have enough patience keep holding their bitcoin fund exactly when moment raise up to higher price.

Its not really positive affect if not hold any one bitcoin in our wallet although have been raised to $1 million, but as altcoin holder I think have positive side when bitcoin raise higher price will allow by altcoin but will OP price really come true depend not any one want loss their opportunity for selling bitcoin after success have been on higher price.

If that happens, it means that fragments of satoshi will become extra valuable and significant amount of money. Mathematically, it makes every satoshi equal $0.01. The wallets that ever held bitcoin can actually have significant amount of money left and the global adoption will be rapid since it will have been established that Bitcoin is worthy an investment for all and also a store of value. Lives will be transformed beyond imagination but the big players (whales) will benefit the most.

You are right, this will really depend on how much we save, if we save a large amount then if the price of Bitcoin has reached the amount you mentioned of course we will have financial freedom for anyone who saves it. If we have confidence that the price of Bitcoin will reach that price, it would be better for us to continue collecting it to be able to enjoy the benefits of the price increase as you mentioned. Being able to live life without thinking about financial problems is certainly everyone's dream, but very few can do this if they don't try to achieve it.

With the amount of bitcoin I currently have, it's not going to affect me that much although I could probably buy myself a decent house in a decent neighborhood and keep my day job so all that I have to worry again is probably paying the bills. Which I think is a nice thing since that would mean that there's a big goal achieved already and I don't have to worry about working hard for it because I've got it so fast. This question is one of the reasons why I continue to accumulate bitcoin no matter the price point is because I know it's going to pay off big time in the end.

When that happens, I will be able to buy a house and a lot and a car and a car, and include the small business that I want to do. Then when that happens, many other top altcoins in the market will also invest, so that means many community investors will get rich here in the crypto space.

It's just that right now we don't really know when that will happen, I hope it happens while we're still alive on earth. It's really a big deal to us. So long-term holdings are really good in this kind of business.

If science is worth $1 million in the future, how will it affect my life. Rather, if Bitcoin reaches this level, I will benefit financially and it will relieve me of financial problems. With the current price of Bitcoin hovering around $34,000, it may take quite some time for the Bitcoin market to tag $1 million. As a member of this forum I definitely support bitcoin and I will solve my financial problems with bitcoin in future. When the price of Bitcoin reaches $1M I will definitely be financially stable, and all the people who are holding will get a lot of money profit. We mainly invest in Bitcoin to solve financial problems in the future and want to be financially stable. And if I am currently investing in Bitcoin, then I definitely expect to be rich when Bitcoin reaches $1 million in the future.

There are too many variables to consider when answering such an open ended question, as the amount of bitcoin you hold and when this could happen are two of the most important factors, however assuming such a price was reached during the current decade and I still held the current amount of bitcoin I have on my wallet then my life would definitely change for the better.

As even if I am not a whale, such a price will surely allow me to retire on the spot and live the rest of my life without having to worry about money anymore.

I understand the sarcasm though but I humbly disagree with you on this because even with the current inflation across the globe, Bitcoin have remained like the anti-inflation currency.
See the inflation data of US from 2010 till date This shows that the rate of inflation is far slower than the rise of Bitcoin. In 2010,Bitcoin was just $1 in value and today the increase is beyond imagination as opposed to inflation that did not do up to 50% within the same time period.

Bitcoin rising to $1 mln will just be like moving from $1 in 2010 to over $30k in 2023 and this will not diminish much of the purchasing power of the dollar equivalent.

If you examine the possibilities, you don't need to look far to see it. Fixed supply and decreasing miners reward, everything points to the same thing.


But if you think about it seriously, with the price of a bitcoin at $1 mln., the significance of $1 mln. is much lower than it is now. If you look at films from 20-30 years ago, everyone in them hunted for $1 mln.. It was that elusive MacGuffin, the main goal for the characters in the films. Nowadays, no one will be surprised by $1 mln. At least in the movies.

I want to say that you overestimate the possibility of the influence of a bitcoin at a price of $1 mln. on your life, and also, this moment will not come soon.

You assess the influence of the bitcoin on life from the position of a speculative moment, while the significance of the bitcoin as electronic digital money, decentralized and possessing unique technical capabilities is incomparably more important and impressive. For this parameter, the current or future price rate has absolutely no meaning. But the impact on life is simply unimaginable.
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That would really have a big impact on me. With a bitcoin price that can reach $1 million per bitcoin, I will make a lot of profit. It could buy a small house or a car, but what is clear is that it really helps our economy.
We can survive longer with that money, especially if an economic crisis could become more widespread.

But I won't use the money to buy things. I will focus on trying to meet my living needs first because the price of basic necessities continues to rise as time goes on. But it would mean a dream come true for many investors and perhaps they would sell most of their bitcoins.