Topic: How will it affect your life if bitcoin price comes to $1 million per bitcoin? - page 6. (Read 1012 times)

Well, this is a very generous and optimistic price target. This price will significantly impact each economic class. This price seems impossible in the near future; one-day people might see $1 million per BTC, but not in my lifetime, I guess. You should be realistic about the price targets. At that time, there will be increased inflation and other costs will also be increased. So, you will get pretty much the same benefits that you are getting today with 1 BTC. It will certainly increase your wealth, but it is important that you accumulate more than 5 BTC at least for the future.

I will make good amount of money (in case if I sell my coins), then what?

I don't have any dream to buy luxury stuff, travelling, or doing anything that make me need to spend money for unnecessary thing. So it's not really affect my life and I keep accumulate more Bitcoins as much as possible because I want to make sure my family will not lack of anything.

It is true that bitcoin price of $1 million is a dream for every investor. Investors hold bitcoins by investing in them thinking about their future but the market always goes up and down so it is very difficult to say when this day will come. To see the price of Bitcoin $1 million will require long-term investment and holding. Do not be disappointed even if the price is reduced that much change in price will create a life milestone for every investor.

The question is when it is going to collapse.

For example the next two news are some worrisome

$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month
$84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight

Maybe the headlines are some clickbait but if that is real that means that the dollar is moving to the end of its hegemony

The thing is that everyone has;  whether you want it or not, the hypothetical "million" to the extent of your needs, that is, in the long run it is symbolic, any price, always the highest price we set will work, just now, we have a rally, which could be the symbolic million of many, so, today with that price of +$35k, our bitcoin can be changing lives.

Bitcoin still has a long way to go (volatility-adoption), and apparently (my opinion) a million may seem like a lot of money for 1BTC today, it is, perhaps it will never reach it or surpass it, but I am one of those who thinks that its adoption as a medium payment is also a change of life and it is just what happens now foro me, even if it does not have that price, $1k.k.

Something threatening to those with the mentality of expecting to Invest in Bitcoin in due time even when they have the capital to invest but all with the motive of waiting for an inflation on the industry so they can invest with a lower capital while expecting inflation to strike the market and sales on a bull run.
I think this is going to be a reverse be the case for such people but as for already investors, it is a clamouring to boosten financial status with the exchange of fiat currency especially if your local fiat currency is facing de value from the economy sector.

So as for me, the tendency of Bitcoin getting to $1M would be an solid motivation to me that indeed Bitcoin is a go goal for a long time investment because I am definitely going to accelerate on the market on a bull running.
And with this thread, I am motivated to have a diverse of more than one Bitcoin account with the plans for o have one in my problem solving and the other is set to be my pensioners accumulating for a retirement without getting tired ☺️

I have some chunk of Bitcoin now because I still managed to keep half of my total funds when pandemic happens so maybe if Bitcoin goes  a million dollar? I will completely become a Businessman that I always dream of.
wanted to have 20 thousand dollars for capital and if bitcoin climbed that high? then i will have that amount and sure to change my life forever for betterment.

Bitcoin at a million dollar maybe be a life-changing milestone for myself and as well as everyone around me. Damn it BTC at a million dollar will be quite a long term dream, but yeah that possibility is there and I really really wish to grace that moment in my lifetime.

Now that that's the case, will they be able to hold Bitcoin until it reaches $1 million?
Because that's a very high price.
No need to go too far to test it, when the price of Bitcoin started to rise and reached $35k today did it make him hold Bitcoin long term or sell it to take profits?

Because this will play with one's mentality when the Bull Run happens.
No matter how much Bitcoin is held if there is no clear price target, then it will only be sold when pumping arrives.
Try to target a price above $100k or maybe if the increase becomes crazy target $500k-$1 million, it will be a long-term target that is quite amazing if you can achieve it.

Long time from ever happening and I might not even be alive by then but who knows? If that happens I'm going to be the first 9-digit earner in the family (at least in my local currency). I'd be able to buy and do anything I ever want comfortably I reckon without ever having to worry about my retirement anymore. As someone who comfortably lived thanks to bitcoin, the only thing that I can really concern myself about is my retirement, since I'm pretty much set to go as long as I continue working and all my savings should support me for the next 6 years or so if in any case something bad happens to (knock on wood). But yeah, retirement's going to be a cakewalk for me.

Retirement for sure. Unless the dollar has crashed...

Well, I think I still have opportunities to profit from bitcoin at that price, but if, for instance, it happens right now, I will lose a lot of money as I hold quite a bit of bitcoin as my long-term investment. But if it happens, I will accept it and start to analyse the bitcoin price again to see if it will rise again. If so, I will buy and hold a lot of bitcoin again and wait for the price to go up or bull run. Just like what happened earlier this date, bitcoin shocked a lot of holders as it made a quite bull run from $30,000 to $35,000, which I missed and regret. But I'm happy because it is a sign that bitcoin might do a huge bull run that many people await, and I hope it might surpass its own all-time high. and I can't wait for that to happen, so I think $1 million worth of bitcoin might be impossible.

What you're worth in Bitcoin will be the deciding factor. If you aren't worth much, the astronomical increase in BTC price won't affect your fortune much. Everyone should know that. It's not enough to scream and clamour for bull rally if we don't have some set aside that we're hodling.

For me, my happiness is that once the rally begins it's not only Bitcoin that will feel the impact. Alts too will rally up. We've begun to see it these past few days. Today, Bitcoin zooms passed $35,000 and altcoins are beginning to smile too.

It really depends on how much Bitcoin we're holding at the time. If we keep cashing out every time we see a little profit, we might not end up with $1 million equivalent in BTC in the future. I'd say that hitting $1 million probably won't happen anytime soon, but it's still a possibility. Who knows if we'll still be around by then? Bitcoin's price doesn't move in just one direction, you see. If we pay attention to the different market situations, we'd understand that bulls and bears are constantly duking it out in the crypto field.

Hi! No this is actually exactly my point. It's price is different but it's value is not.

Buy now, not later! In the future, if you know that you have something valuable you will not want to sell. And if you don't want to sell the price will not matter.

USD suffers from inflation which is caused by humans. Bitcoin has a specific supply growth which decreases as time passes. This will give your future bitcoin a higher price. But the value will always be the same. Bitcoin is more valuable than FIAT.

As time passes, you will need more fiat to buy the same amount of Bitcoin. But this is because bitcoin will always be valuable and people will try to buy it paying more.

I may not holding a  whole Bitcoin as of now( and still struggling to gain 1) but in my own country I will be a Millionaire for the amount of coins I am holding , actually because of the growth of bitcoin all my altcoins will also have increase and that will surely give me a million value in our currency.
happy to see this coming any time now or at least in the next 5 years more , that would be 2 halving from this one in April 2024,

It will depends on when this happens....

If it happens now.. in this year, many people...including myself will be VERY rich and we will be set for life. I will be able to go on early Pension and enjoy the rest of my life.

If this happens 20 or 50 years from now.... inflation would have killed the value of the Dollar so much that $1 000 000 would be worth almost nothing.

So, I hope Bitcoin reach the Moon ...soon.  

Not much, cos I don't have much coins for now, but I'm on a monthly plan of accumulating bitcoin. So from a sentimental point of view, let it wait until like 3 years time before considering that hike in price, so I'll have saved up a good amount to become a happy beneficiary of such blessing.  So help me God.

https://bs21pro.com/merupakan situs penyedia beragam judi slot online yang memiliki bonus terbaik yang menjadi incaran para pemain dengan akses dan login tercepat. Khususnya slot online dengan menawarkan game slot online paling gacor dari provider terbaik seperti Pragmatic Play, PG Soft dan Provider lainnya. Saat ini slot online sudah menjadi primadona di berbagai kalangan khususnya di Indonesia. Dengan menawarkan maxwin dan jackpot terbesar yang pernah ada.

BOLASLOT21 menghadirkan banyak provider game yang menyediakan beragam varian game dengan tingkat kemenangan yang berbeda.  Jadi Tentunya, setiap player memiliki kesempatan untuk memilih jenis game yang ditawarkan jdi tidak heran jika banyak puluhan ribu member BOLASLOT21 yang aktif setiap harinya karena kami memiliki lisensi sehingga sudah terpercaya tanpa adanya penipuan. Situs Judi BOLASLOT21 juga memiliki layanan customer service yang aktif 24 jam sehingga anda tidak perlu khawatir jika memiliki kendala dalam permainan slot gacor.

Bagi anda yang sedang mencai bandar judi slots online yang paling terpercaya dan aman hanya di BOLASLOT21.  Selain memanjakan member juga memberikan bonus besar BOLASLOT21 juga memanjakan member yang baru bergabung yang pastinya anda juga bisa mendapatkan promo serta bonus super besar di BOLASLOT21.

These types of threads reminds me of late 2021 when everybody was expecting bitcoin to hit $100K before year end and $1M sometime in 2022. And look what happened how it topped out in 2021.

Sure the etf is great but it won’t cause bitcoin to go up that fast. Last month the ETH etf was launched and it had maybe $1M of trading volume. If there is adoption it will be at a slow pace, it won’t happen overnight and cause price to surge that much.