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Topic: If bitcoin rose to $1M, what you do? - page 16. (Read 29537 times)

hero member
Activity: 706
Merit: 500
https://twitter.com/CryptoTrout
September 16, 2016, 01:44:50 PM
sell some
legendary
Activity: 2016
Merit: 1107
September 16, 2016, 01:23:11 PM
I would try to not to wake up Smiley
but if btc costs 1 mil usd imagine how much a loaf of bread would be? 10.000 usd?
we may also live in a postapocaliptic world by the time bitcoin costs 1 mil usd or usd collapses so much that 1 mil is worth nothing
careful waht you wish for ...
hero member
Activity: 686
Merit: 500
September 15, 2016, 03:03:15 PM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
i guess before reached $1m, all bitcoin user have started to sell their coins I bet even when the price touched $ 1,000, the seller lists the coins in the market is greater than the purchase bitcoin.

Exactly, because everyone is waiting for selling their coins when the price goes up so if they see a price of $1k they would probably sell them having the thought that it might fall again.

Yes and if it reaches there then most of the users will prefer to sell their coins in order to make profits and eventually it will crash the price of bitcoins again and after that it may take some time to rise again.

If I will have a debit card of bitcoin then I will not sell my bitcoins at that time and will spend bitcoins directly from my debit card for buying things as I will not have to pay any tax to the government for getting that much fiat and I will not have to pay high fees to the banks for keeping them in banks.
hero member
Activity: 798
Merit: 1000
September 15, 2016, 12:40:37 PM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
i guess before reached $1m, all bitcoin user have started to sell their coins I bet even when the price touched $ 1,000, the seller lists the coins in the market is greater than the purchase bitcoin.

Exactly, because everyone is waiting for selling their coins when the price goes up so if they see a price of $1k they would probably sell them having the thought that it might fall again.

Yes and if it reaches there then most of the users will prefer to sell their coins in order to make profits and eventually it will crash the price of bitcoins again and after that it may take some time to rise again.
hero member
Activity: 826
Merit: 1000
September 15, 2016, 12:33:41 PM
Op you said that you gonna sell only 10$ worth of bitcoin but I would rather sell most of my bitcoins and take that huge profit because all my bitcoin would be brought or colleted when the price is really very less,so I would take the opportunity and take that profit.
hero member
Activity: 756
Merit: 500
September 15, 2016, 12:11:16 PM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
i guess before reached $1m, all bitcoin user have started to sell their coins I bet even when the price touched $ 1,000, the seller lists the coins in the market is greater than the purchase bitcoin.

Exactly, because everyone is waiting for selling their coins when the price goes up so if they see a price of $1k they would probably sell them having the thought that it might fall again.
legendary
Activity: 1008
Merit: 1000
September 15, 2016, 08:08:52 AM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
i guess before reached $1m, all bitcoin user have started to sell their coins I bet even when the price touched $ 1,000, the seller lists the coins in the market is greater than the purchase bitcoin.

Yeah people lack patience and no one will prefer to hold their coins that long till it reaches to the price of $1m, everyone will start selling their coins when it crosses 4 digit price.
hero member
Activity: 518
Merit: 500
September 15, 2016, 08:04:12 AM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
i guess before reached $1m, all bitcoin user have started to sell their coins I bet even when the price touched $ 1,000, the seller lists the coins in the market is greater than the purchase bitcoin.
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
September 15, 2016, 07:42:23 AM
There is no doubt that everyone will sell all their coins if they see that high price of bitcoin in future but I really doubt that it will ever happen as it is like dreaming with an open eyes.
member
Activity: 88
Merit: 10
September 15, 2016, 05:35:10 AM
I will sell my 100 btc and, it will be 100M usd, but this is just a dream.  Grin  The realistic price is 1k, 1 m is impossible, 1m japanese yen is possible.(10k usd)
hero member
Activity: 742
Merit: 500
September 15, 2016, 05:23:46 AM
If that happens,then ill just sell my bitcoins and start living a peaceful happy life. when all bitcoins are mined, then bitcoin prices may rise very high. i hope it would take 4 or 5 years for the rest of bitcoin to be mined.
hero member
Activity: 1008
Merit: 540
September 10, 2016, 08:13:47 PM
id be very happy.. will have early retirement then..  Smiley
Retire on work ? hehe same i will sign early retirement for my work well i love my job where i earn 500$ a month thay good for me to support my self and if bitcoin will rose into that for sure i will invesy half of my money on banks and build some business store
member
Activity: 82
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TUX Exchange - NEW- Try IT!!
September 10, 2016, 08:05:56 PM
Direct opposite of https://bitcointalksearch.org/topic/if-bitcoin-dropped-to-1-what-you-do-1438622

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).

I don't think that would ever happend, maybe, but it's very unlikely. If that happens suddenly, probably I sell all, like all owners of Bitcoins, which would make the price decrease Tongue
But if that goes slowly, I will sell the half and the other half save it, because with such popularity The price will continue to increase.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
September 10, 2016, 07:26:13 PM
I would probably cash in a lot of my bitcoin if it rose that high. I don't think that will happen any time in the near future, if ever. I would be glad if it went up to $10,000.
hero member
Activity: 966
Merit: 517
September 10, 2016, 04:27:38 PM
its impossible bro..   Cheesy i have 0.01 thats mean i can buy 1 home xD CMIIW

Might happen, but i don't think you will be the same at that time or you may don't exist as well, because that big change is probably not going to occur in one night that we close our eyes and open them at morning and there we go! all rich in a night!
Maybe you can just suggest to them that continue to save until the price low, if you can trade it in fiat much earning while waiting is good , I hope we still a live if it's happen.
Theoretically speaking, that is not going to happen since it would obviously ruin the world's economy if ever a single bitcoin is worth a million USD.
Every other thing in the world would rise in value / cost as well, the non-bitcoin users will be ruined and be left poor when bitcoin will be priced for 1M dollars.
It is not the fact that the cost of every other things are depended on the price of bitcoin, you can notice that whenever the price of bitcoin increases or decreases the price of other things remain the same, keep in mind that none of the currency have the ability to make any thing higher in price but it is only the currency which fluctuates.
legendary
Activity: 3990
Merit: 1385
September 10, 2016, 04:19:54 PM
I'm doing it already.    Cool
legendary
Activity: 1232
Merit: 1029
September 10, 2016, 03:42:37 PM
its impossible bro..   Cheesy i have 0.01 thats mean i can buy 1 home xD CMIIW

Might happen, but i don't think you will be the same at that time or you may don't exist as well, because that big change is probably not going to occur in one night that we close our eyes and open them at morning and there we go! all rich in a night!
Maybe you can just suggest to them that continue to save until the price low, if you can trade it in fiat much earning while waiting is good , I hope we still a live if it's happen.
Theoretically speaking, that is not going to happen since it would obviously ruin the world's economy if ever a single bitcoin is worth a million USD.
Every other thing in the world would rise in value / cost as well, the non-bitcoin users will be ruined and be left poor when bitcoin will be priced for 1M dollars.
hero member
Activity: 1484
Merit: 624
Maintain Social Distance, Stay safe.
September 10, 2016, 12:58:26 PM
Direct opposite of https://bitcointalksearch.org/topic/if-bitcoin-dropped-to-1-what-you-do-1438622

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).

are you sure not sell all of your bitcoin and only sell arround 0,00001 BTC ? if i suppose you i will sell one bitcoin and get $1M. i sell of the balance because not take too long the price will goes down.

a good decision is to sell all of your bitcoin when prices are rising very high and looks difficult to achieve. even I would sell all my bitcoin when the price could back to reach $1200 or new high price $1500. I sure would not last long it is going down, then had a good chance to buy back.
Yeah if the price will hit in that price expect that the price will goes down pass so.. if you seen the price goes in that price better to sell it before the other will sell their earnings.
newbie
Activity: 28
Merit: 0
September 10, 2016, 12:50:49 PM
id be very happy.. will have early retirement then..  Smiley
hero member
Activity: 756
Merit: 503
September 10, 2016, 12:44:51 PM
Direct opposite of https://bitcointalksearch.org/topic/if-bitcoin-dropped-to-1-what-you-do-1438622

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).

are you sure not sell all of your bitcoin and only sell arround 0,00001 BTC ? if i suppose you i will sell one bitcoin and get $1M. i sell of the balance because not take too long the price will goes down.

a good decision is to sell all of your bitcoin when prices are rising very high and looks difficult to achieve. even I would sell all my bitcoin when the price could back to reach $1200 or new high price $1500. I sure would not last long it is going down, then had a good chance to buy back.
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