If bitcoin rose to $1M, what you do? - page 12.

Sandroxa

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Quote from: requester on October 03, 2016, 09:51:41 PM

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.

I would sell all of my Bitcoin because why would I wait for the price to be even higher when it is already at 1M.
There is no reason for me to wait anymore just I would sell them all at once.

torrentheaven

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Quote from: BeGoods on October 04, 2016, 08:31:18 AM

Quote from: Noctis Connor on September 30, 2016, 09:50:58 AM

Quote from: traderethereum on September 27, 2016, 11:58:00 PM

i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city Grin

after that, i will buy some product to fill in my house and i want to buy new house Grin

but its need take times for more than 3 years before its happen, and i really hope Grin

Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money

I thought better of you think it's rational. The price may not be the case. whenever the price is not going to happen, what will happen to currencies other than the dollar if the price of a bitcoin reach $ 1? and on the other I'm sure there are many people who will sell all their bitcoin current high prices even before it reached the price

Yes and I don't think that people have that high level of patience to hold their coins till it reaches in millions, majority of users will dump their coins even if it touches to $10k in future.

BeGoods

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Quote from: Noctis Connor on September 30, 2016, 09:50:58 AM

Quote from: traderethereum on September 27, 2016, 11:58:00 PM

i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city Grin

after that, i will buy some product to fill in my house and i want to buy new house Grin

but its need take times for more than 3 years before its happen, and i really hope Grin

Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money

I thought better of you think it's rational. The price may not be the case. whenever the price is not going to happen, what will happen to currencies other than the dollar if the price of a bitcoin reach $ 1? and on the other I'm sure there are many people who will sell all their bitcoin current high prices even before it reached the price

Senor.Bla

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Quote from: mark coins on October 04, 2016, 06:49:46 AM

Quote from: Senor.Bla on October 04, 2016, 06:41:45 AM

Quote from: dezoel on October 04, 2016, 06:36:23 AM

Quote from: neonshium on October 04, 2016, 06:34:27 AM

Quote from: Hirose UK on October 04, 2016, 04:56:58 AM

Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.

on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

If price ever reaches to $1m then everyone will prefer to sell their coins and that will make price crash in coming time and we don't know how low it can fall so instead of holing them longer its good to sell them at that price and secure profits.

sorry but that is not how it works. you can not just make up a number at where everybody will sell and not before. why would nobody sell at $0.95M causing the price to crash? reminds me of certain people claiming the eifel tower must fall apart at a certain height.

greBit

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For example if by that time I have 10 btc in my wallet then I will sell my 9 btc and enjoy the profits and will hold 1 btc for future as we never know how higher it can be in future.

BitWhale

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I'd sell 1 bitcoin and buy a loaf of bread. If 1 btc was 1m dollars each, it'd probably be because the usd hyperinflated to shit.

mark coins

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Quote from: Senor.Bla on October 04, 2016, 06:41:45 AM

Quote from: dezoel on October 04, 2016, 06:36:23 AM

Quote from: neonshium on October 04, 2016, 06:34:27 AM

Quote from: Hirose UK on October 04, 2016, 04:56:58 AM

Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.

on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

If price ever reaches to $1m then everyone will prefer to sell their coins and that will make price crash in coming time and we don't know how low it can fall so instead of holing them longer its good to sell them at that price and secure profits.

Senor.Bla

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Quote from: dezoel on October 04, 2016, 06:36:23 AM

Quote from: neonshium on October 04, 2016, 06:34:27 AM

Quote from: Hirose UK on October 04, 2016, 04:56:58 AM

Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.

on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

dezoel

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Quote from: neonshium on October 04, 2016, 06:34:27 AM

Quote from: Hirose UK on October 04, 2016, 04:56:58 AM

Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.

neonshium

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Quote from: Hirose UK on October 04, 2016, 04:56:58 AM

Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

Hirose UK

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Quote from: isen on June 18, 2016, 09:36:05 AM

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

Mastsetad

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Quote from: BitsandBites on October 04, 2016, 04:10:49 AM

That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.

Everyone would be selling, because people hold their coins just for the purpose of earning profits through this process and if the price reaches that mark then there would be no purpose for holding them anymore so every will sell them keep the money.

co5hike

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Quote from: BitsandBites on October 04, 2016, 04:10:49 AM

That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.

Yeah if price reaches to that price in future then it would be worst not to sell them at that point, I will surely sell all my coins and retired from work and enjoy lavish and luxury life thereafter.

BitsandBites

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That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.

rickadone

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Quote from: requester on October 03, 2016, 09:51:41 PM

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.

Your dreams will come into real very soon but I fear you may loose your teenages at the time. Yes, rising towards $ 1 million for one bitcoin is highly possible but not in quick time, it may take decades. But still you will be having your dream amounts of money by having more number of bitcoin instead of just holding 0.1 bitcoins.

Golftech

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Quote from: justspare on October 03, 2016, 08:48:02 PM

Quote from: Corenin on September 30, 2016, 09:53:56 AM

I don't think that bitcoin can ever touch that price in future as it is unrealistic value to think of and no one have patience to hold their coins till it reaches to that value.

Yes it definitely is not realistic to wait for the price to reach $1M. It is probably never going to happen and you would end up wasting your time. It might even go down while you wait.

maybe while waiting for that to happen just incase maybe much better to try to make it grow by doing some investment, 1m$ can be a dream and if i will have that i will surely invest it in a profitable ways.

milewilda

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Quote from: Mr. Big on October 03, 2016, 09:48:04 PM

Quote from: U2 on October 03, 2016, 07:06:13 PM

I would definitely spend it. There's just no way I could keep all of that and feel safe! I'd buy a home, a car and keep some for when I'm old and tired.

Good decision there... What's the use or our money if we would just keep it, and what if it's too late and the peak price had slowly cool off.. So it's best to convert it immediately when you see that it is almost at its peak... Just make sure that you make a good list of all your priorities so you won't waste your money when it is already at your hands...

We should do wise decisions regarding on our money because opportunities comes only once,twice it depends. As long we hold huge amounts then we should prioritize our needs and we should think on long term basis not only on temporary things because no matter how much money you had it would surely gone if it doesnt spend wisely. If bitcoins price would reach 1M$ each then ill prioritize all needs first.

requester

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Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.

Mr. Big

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Quote from: U2 on October 03, 2016, 07:06:13 PM

I would definitely spend it. There's just no way I could keep all of that and feel safe! I'd buy a home, a car and keep some for when I'm old and tired.

Good decision there... What's the use or our money if we would just keep it, and what if it's too late and the peak price had slowly cool off.. So it's best to convert it immediately when you see that it is almost at its peak... Just make sure that you make a good list of all your priorities so you won't waste your money when it is already at your hands...

boyptc

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Quote from: U2 on October 03, 2016, 07:06:13 PM

I would definitely spend it. There's just no way I could keep all of that and feel safe! I'd buy a home, a car and keep some for when I'm old and tired.

Well there is no bad thing if you wanted to have some relaxation and buy some things that is going to make you feel happy. And we have the same goals for buying our needs. And if the price roses to $1,000,000 I will not just buy 1 house but I will buy maybe 3-4 bungalow houses and going to have a business with it by making a rental services.

Topic: If bitcoin rose to $1M, what you do? - page 12. (Read 29477 times)