If bitcoin rose to $1M, what you do? - page 18.

crossabdd

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Quote from: tabas on September 08, 2016, 11:28:36 AM

Well if the price of bitcoin is going to reach to $1,000,000. What I am going to do is just going to keep quiet first and going to ask my parents what they want to buy and what they need. And I am going to buy those things surprisingly and for sure they are going to be happy with it. And that is going to be my first goal and after that I am going to buy my own property.

yes when prices would reach $1m , we'll be millionaires, so we will do as the rich in general. just relax at home and enjoy the results until old age and start building a business online and real. really can not imagine if it happened Cheesy

tabas

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Well if the price of bitcoin is going to reach to $1,000,000. What I am going to do is just going to keep quiet first and going to ask my parents what they want to buy and what they need. And I am going to buy those things surprisingly and for sure they are going to be happy with it. And that is going to be my first goal and after that I am going to buy my own property.

nydiacaskey01

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It seems very impossible for Bitcoin to reach 1M USD, but if it happens ill check all those BTC address that I have bedore and see if theres any loose change that I can still transfer to my my BTC address. But, just a thought of it makes me think that if ever it happens there would be people willing to hunt those who owns a a lot of BTC.

PokerFace3

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Quote from: SquallLeonhart on September 08, 2016, 11:10:31 AM

Quote from: Achargeturry78 on September 08, 2016, 10:41:02 AM

Quote from: sellbtctraderz on September 07, 2016, 08:51:58 AM

I would withdraw my bitcoin stash and sell it "that's around 0.10 BTC!" and buy a good car and maybe a bank account as well lol.

Yeah i would withdraw all my bitcoin into cash then after that im going to wait until bitcoin price will decrease so that i can buy more bitcoin and use it for future puroses like business and many more that can earn money i will invest some of my money into bank so that it can grow more even the percentage is not that good enoug

yup there is no point in holding at that stage, it would be great to sell all coins and get hard cash in hands which can be used for making an investment in a real life business.

But when bitcoin prices raises to price levels of 1M dollars, I believe everything in this world will be available for bitcoin payments. You need not to spend your bitcoins for converting into fiats. Yes, you can keep on saving them and spending them time to time.

SquallLeonhart

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Quote from: Achargeturry78 on September 08, 2016, 10:41:02 AM

Quote from: sellbtctraderz on September 07, 2016, 08:51:58 AM

I would withdraw my bitcoin stash and sell it "that's around 0.10 BTC!" and buy a good car and maybe a bank account as well lol.

Yeah i would withdraw all my bitcoin into cash then after that im going to wait until bitcoin price will decrease so that i can buy more bitcoin and use it for future puroses like business and many more that can earn money i will invest some of my money into bank so that it can grow more even the percentage is not that good enoug

yup there is no point in holding at that stage, it would be great to sell all coins and get hard cash in hands which can be used for making an investment in a real life business.

Achargeturry78

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Quote from: sellbtctraderz on September 07, 2016, 08:51:58 AM

I would withdraw my bitcoin stash and sell it "that's around 0.10 BTC!" and buy a good car and maybe a bank account as well lol.

Yeah i would withdraw all my bitcoin into cash then after that im going to wait until bitcoin price will decrease so that i can buy more bitcoin and use it for future puroses like business and many more that can earn money i will invest some of my money into bank so that it can grow more even the percentage is not that good enoug

mark coins

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Quote from: Bemerand on September 08, 2016, 10:25:29 AM

I would die of a heart attack, because it will never reach that high

Yup its difficult to visualize that high price of bitcoin, as it doesn't have that high potential to achieve that huge price, so I don't think we should waste our time in unrealistic things.

mexicanchick

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Quote from: Bemerand on September 08, 2016, 10:25:29 AM

I would die of a heart attack, because it will never reach that high

Maybe the story will be 2140, no more bitcoins can be mined, and everything is very expensive, 1 million usd can be possible.

Bemerand

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I would die of a heart attack, because it will never reach that high

tygeade

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Quote from: Newcoins2020 on September 08, 2016, 09:37:07 AM

I would sell all my Bitcoin at once because then I would become a millionaire but I do not think that it is ever going to happen new or in the future.
That is why I do not want to get my hopes up for something like this.

Yeah we will never see that high price of bitcoin in future and if some miracle happens and if it touches there then it would be good to sell all the coins and become a multi millionaire.

Newcoins2020

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I would sell all my Bitcoin at once because then I would become a millionaire but I do not think that it is ever going to happen new or in the future.
That is why I do not want to get my hopes up for something like this.

universe_

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Quote from: extrabyte on September 07, 2016, 08:30:47 AM

Quote from: jerowacik on September 06, 2016, 06:09:57 AM

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.

most probably i would sell only a part of it because the price could possibly go up even more in the future so there would be no need to sell everything

sellbtctraderz

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I would withdraw my bitcoin stash and sell it "that's around 0.10 BTC!" and buy a good car and maybe a bank account as well lol.

mishra1994

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Well to be realistic i dont see that this would happen ever in future but still to answer,i would sell all the bitcoins that i have at that price,because surely it will go down because no one would want to buy bitcoins at that time,so obvious answer that i would sell all my bitcoins at that time.

Altynbekova

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Quote from: SquallLeonhart on August 31, 2016, 09:29:44 AM

Quote from: HilbillyFred on August 31, 2016, 09:26:46 AM

The bitcoin will never hit the 1 milion dollar each becuase that value is to irrelavent that cant be true there are to many users to see that amount. The value of the bitcoin can rise up to 1000 each that is what i believe but we will see maybe he wil hit the 1 milion i never sayd something :p

$1m seems to be hard to believe and I think the maximum potential it has to achieve the price is $10k not more then and I don't think that people will hold their coins till it touches that value.

Yeah it can not reach 1m cause thats way too much but 10k is also next to impossible as you said people will not hold that long so it will go down again instead of getting near 10k at even 1k everybody would panic sell and price would plummet

JessicaSe

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Quote from: extrabyte on September 07, 2016, 08:30:47 AM

Quote from: jerowacik on September 06, 2016, 06:09:57 AM

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.

Exactly and its better to sell all coins if it touches that price as there is no point in holding at that stage as price will surely drop after that as almost all users will sell their coins to become millionaire.

wuvdoll

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Quote from: extrabyte on September 07, 2016, 08:30:47 AM

Quote from: jerowacik on September 06, 2016, 06:09:57 AM

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.

But in the process of buying at selling at higher prices and lower prices, you also have the chances to miss out some price ranges as no one will be able to cover all the swings of price movements. When bitcoin is hitting $1M price levels, I will be start using my bitcoins and keep on holding for the target of $10M for my grandson.

extrabyte

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Quote from: jerowacik on September 06, 2016, 06:09:57 AM

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.

umaOuma

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I don't think that bitcoin can ever see that high price in future and if we are waiting to see that price then we are surely wasting our time as that is unrealistic value to think of.

springgers

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I would keep them and wait for the price to rise! Tongue

, I doubt that is happening anytime soon though and probably might be the case if/when bitcoin has taken out the place of fiat and is the main processing unit "and people might be dealing in satoshi's lol".

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