I don't think that price is ever possible to achieve as its something to expect out of the box, bitcoin don't have that higher ability to touch that price, maximum it can reach to $10k not more then that.
Yeah its impossible to achieve that price and i'm not expecting too that 10k$ reach because the bitcoin can be goes down or goes up. But i think its goes until 3k$ only nothing can say when it happen maybe after 3-5 years before that happen. So i do earn bitcoin and wait the price hit in a higher price. 
Topic: If bitcoin rose to $1M, what you do? - page 21. (Read 29524 times)
I don't think that price is ever possible to achieve as its something to expect out of the box, bitcoin don't have that higher ability to touch that price, maximum it can reach to $10k not more then that.
An scenario like this would only happen if China declares Bitcoin their official currency or something to that extent haha!
Anyway, I think BTC could settle above 1k around 2020 without any problems, even a 10k bubble could happen in the next decade. As for this, well I would retire of course, I would only leave 10% in BTC/Crypto, perhaps even less. This assumming that $1M have actual value, same as today. I think I would create some sort of small online company/site to keep things interesting and not worry about finances, it should be something I like, even a hobby. So much travel and enjoying life can be dangerous...
Anyway, I think BTC could settle above 1k around 2020 without any problems, even a 10k bubble could happen in the next decade. As for this, well I would retire of course, I would only leave 10% in BTC/Crypto, perhaps even less. This assumming that $1M have actual value, same as today. I think I would create some sort of small online company/site to keep things interesting and not worry about finances, it should be something I like, even a hobby. So much travel and enjoying life can be dangerous...
If it rose to that range then I suppose everyone even those using faucets right now and on this forum would be millionaires, Would probably be fun to see a forum of millionaires only. I would sell around 1 or 2 BTC to buy myself a mansion and hold the rest 
.
.If you see price of $1m then also you will prefer to hold your coins? So you expect that it can go even higher then $1m? Well it would be worst to hold coins at this stage, I will prefer to sell all my coins and say bye bye to bitcoins.
If it rose to that range then I suppose everyone even those using faucets right now and on this forum would be millionaires, Would probably be fun to see a forum of millionaires only. I would sell around 1 or 2 BTC to buy myself a mansion and hold the rest .
. I really doubt whether I will have any coins in my wallet if BTC hits $1 million per coin. I am planning to sell a majority of my holdings when the exchange rates hit $5,000. I will dump most of the remaining coins when BTC hits $10,000. Considering the fact that I am having less than BTC7 in my wallet right now, I don't think that I will be left with too many BTC after my initial sale.
Exactly, no one have that level of patience to hold their coins till it reaches to $1m value, majority of users will start selling their coins when they see 4 digit price.
Lol... infact we are going to see a very big selling spree, if BTC ever cross the $1,000 mark. I suspect at least one million BTC may be dumped by long-term holders. Also, USD 1 million per coin is just unviable. It will mean that BTC will have a market cap of more than $15 trillion, which is ten times that of the most popular fiat currency (the US Dollar).
Definitely, there would be a selling spree because bitcoin holders would think that a certain high price would be the peak price of bitcoin but i would assume that there would be holders that no matter how high it is they wont intend to sell their coins hoping for more high price. Even in $1k price for sure many would dump their coins and again the price of bitcoin would decrease once again.
Yeah people who are looking to make quick profits will never miss the opportunity to sell their coins at $1k price as they know if price falls after that they can again buy it.
i just need 1k !
I really doubt whether I will have any coins in my wallet if BTC hits $1 million per coin. I am planning to sell a majority of my holdings when the exchange rates hit $5,000. I will dump most of the remaining coins when BTC hits $10,000. Considering the fact that I am having less than BTC7 in my wallet right now, I don't think that I will be left with too many BTC after my initial sale.
Exactly, no one have that level of patience to hold their coins till it reaches to $1m value, majority of users will start selling their coins when they see 4 digit price.
Lol... infact we are going to see a very big selling spree, if BTC ever cross the $1,000 mark. I suspect at least one million BTC may be dumped by long-term holders. Also, USD 1 million per coin is just unviable. It will mean that BTC will have a market cap of more than $15 trillion, which is ten times that of the most popular fiat currency (the US Dollar).
Definitely, there would be a selling spree because bitcoin holders would think that a certain high price would be the peak price of bitcoin but i would assume that there would be holders that no matter how high it is they wont intend to sell their coins hoping for more high price. Even in $1k price for sure many would dump their coins and again the price of bitcoin would decrease once again.
What would I do? I think I would do as more anyone here would do. Cash in and buy as many as they can with the anticipation of it to rise in price eventually.
I would sell the car to get enough capital to invest in a nice little nest egg for the future.
I would sell the car to get enough capital to invest in a nice little nest egg for the future.
Right now, I have around BTC0.03 in my wallets, and I am going to hold them till the price climbs to $100,000 per coin or even $1 million per coin. But holding is risky, as a lot of people are reporting their online wallets getting hacked and the coins stolen. So the first thing to do if BTC climbs to $1 million is to get a good storage device.
This will never happen because there are no users wanting to invest if the price of bitcoin was rose to $1 million, that will gives bad luck to bitcoin itself. We need to wish only that bitcoin will go stronger every year do not wish for that amount.
I would earn as much as i can and sell all that i own.
If it ever rose to that level, I would straight away sell any coins I will have as I will be getting the best price possible for my savings...
But I know that it will never happen, and so, let's just not think of what is never going to happen...
But I know that it will never happen, and so, let's just not think of what is never going to happen...
Not possible ever in future for bitcoin to achieve that huge price, dreaming is good but dreams should be realistic, I will be much satisfied even if touches $5k in future.
What an imagination 
If this would really happen then I would sell all my bitcoin and get a gaming beast from alienware and rest I would give to you for your imagination
If this would really happen then I would sell all my bitcoin and get a gaming beast from alienware and rest I would give to you for your imagination
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.
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
IF the bitcoin will rise above the 1 milion dollar i would defently sell all of my coins because i am a millionair right than. But i dont think he will ever hit the 1 milion dollar by far because there are to many people who are using the coin right now that cant be serious.
I think I would sell all BTC much earlier than it reaches $1M and it would makes me sad
I really doubt whether I will have any coins in my wallet if BTC hits $1 million per coin. I am planning to sell a majority of my holdings when the exchange rates hit $5,000. I will dump most of the remaining coins when BTC hits $10,000. Considering the fact that I am having less than BTC7 in my wallet right now, I don't think that I will be left with too many BTC after my initial sale.
Exactly, no one have that level of patience to hold their coins till it reaches to $1m value, majority of users will start selling their coins when they see 4 digit price.
Lol... infact we are going to see a very big selling spree, if BTC ever cross the $1,000 mark. I suspect at least one million BTC may be dumped by long-term holders. Also, USD 1 million per coin is just unviable. It will mean that BTC will have a market cap of more than $15 trillion, which is ten times that of the most popular fiat currency (the US Dollar).
Jump to: