If bitcoin rose to $1M, what you do? - page 29.

rajasumi2

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Quote from: pandalion98 on June 18, 2016, 08:58:06 AM

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).

if the price of btc rose up to 1 million i would be the happiest person on the earth , then to be personal i would sell 0.5 btc which i think is huge ,i would enough money to go to a expensive place and give my parents a happy time .they would probably think that how the hell i earned so many bitcoins .but to be honest i would be happy the most ..kudoos ..

Blackmet

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I don't know, if this will happen it more bad than good, cause many people will earn too much money at once and dollar will be really worthless at my opinion.

ClownSpider

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Quote from: Bestwishes745 on June 18, 2016, 09:02:57 AM

Quote from: InvestexMarkets on June 18, 2016, 09:00:00 AM

Will never happen. Can't see it staying higher that say 300/400 for any length of time. if it did it would price the normal person out of bitcoin as a currency. It would be bad for 95% of users if it were to go that high..

Anything can happen in bitcoin and it will also happen, but no one knows that when will it happen, But I am sure when all of the bitcoins are mined and every person of the world adopt and use bitcoin then I think at that time that amount will be reached.

Seriously? wtf?
It is already $650 now, and has been for some time. It was not 300/400 when you posted!
Normal people, as you call them would deal in fractional BTC. Are you new to bitcoin or completely fucking stupid?

serjent05

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Quote from: twa on July 31, 2016, 03:45:20 AM

Quote from: pandalion98 on June 18, 2016, 08:58:06 AM

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 would sell all my 8 bitcoins so i would have 8 million $, and that will be enough for me to live good life actually because i would always have enough money

Same here I will encash my bitcoin and live a happy life. But i wouldn't stop trading it with altcoin because it is fun to see your holdings increase while trading. I will also put up an online store and accept different altcoins there. Will donate a bitcoin atm in the local neighborhood for more bitcoin promotion.

jak3

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if that wver happened than everone will became rich because everyone can manage to save 0.1btc or 0.01btc atleast and if price jumped to $1m then every one will have $10000 :p LOL thats truely impossible atleast for rest of the 20years from now. our infrastructure is still a lot weeker if you are targating 1million

Cuhua-hua

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Quote from: Lordofpotatos on July 31, 2016, 03:26:54 AM

This is too much Cheesy

İ'm student and 1BTC 1000$ is enough but i like more

Hahah, everyone will surely be very happy. because they get a tremendous advantage when the price reaches $ 1000 + BTC +. Most of them already have a stash of many BTC when prices decline to under $ 300

Lordofpotatos

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Bitcoin price is downing down 633$ Sad

NeuroticFish

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Quote from: pandalion98 on June 18, 2016, 08:58:06 AM

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 would sell my alts to BTC and I would sell 1 BTC for fiat. I'd keep the rest. And I'd retire.

Sniper44

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if this could happen today i would kick myself because i am not yet saved up enough bitcoin that i would love to.
but if i have some more time before it, that would be great because i would have a lot more and become a millionaire that way easily.

although all of this is hypothetical since it is never going to happen.

doflamingo

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If bitcoin rise to $1M,I'll become millionaire and use that money to travel over the world Cheesy

eEngelan

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I will buy things that i want and invest or sell the remaining bitcoin and also ill use it to help my family and convert it fiat to have a extra money Cheesy

Senor.Bla

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Quote from: Mauser on July 31, 2016, 03:12:13 AM

If bitcoins are worth $1M it is more interesting what 1$ is still worth. In a hyper inflation the currency could become worthless and you might need 100k to buy a meal.

This is a very interesting thought. Most people assume that the price for bitcoin will rise to 1M and the Dollar will stay at his current value. But for some reason the Dollar could drop to 1/1000 of his value and then we would almost have the same thing. 1BTC = $1M.
The funny thing would be that the rate BTC/EUR could still be the same, in which case your would not get rich thru bitcoin but stay more or less the same.

twa

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Quote from: pandalion98 on June 18, 2016, 08:58:06 AM

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 would sell all my 8 bitcoins so i would have 8 million $, and that will be enough for me to live good life actually because i would always have enough money

Lordofpotatos

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This is too much Cheesy

İ'm student and 1BTC 1000$ is enough but i like more

uquid

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Quote from: angaper on July 31, 2016, 03:03:29 AM

Of course we never will see that price in our lives, because the multiple factors required to achieve that level are almost impossible to gather. I have read that the highest price that bitcoin could achieve given the better conditions should be not beyond $1300, and I personally think it is a very optimistic idea.

i totally agree about it hard to rose to $1M
it could be $1300 and more if governments accepted them as legal currency

Fatanut

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Bitcoin having a price of $1M is too far-fetched right now. If the coin has risen up to that point, I think it's because almost everyone has converted their fiat money into bitcoins. That's like a 100% purely digital world, the marketplaces' transactions would be done via bitcoin. We don't know bitcoin's full potential so before I leave this community, I will leave a few amount of bitcoins in my bitcoin wallet just if ever bitcoin rise this high.

Mauser

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Quote from: pandalion98 on June 18, 2016, 08:58:06 AM

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).

If bitcoins are worth $1M it is more interesting what 1$ is still worth. In a hyper inflation the currency could become worthless and you might need 100k to buy a meal.
If the price level is the same as today I would sell 1BTC just to have 1m$ on my bank account =)

20kevin20

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Quote from: Mastercon on July 25, 2016, 01:22:41 PM

Quote from: social crypto coin on July 23, 2016, 06:26:04 AM

if bitcoin price 1 milion dollar every one coin
i want all in sell all my balance bitcoin
and like this and rich

I will not sell my bitcoin then. I will just use the bitcoin and use it to buy things. That will help the circulation.

I don't think anyone will sell their money. Just like in 2013, we will all expect even a higher price, and will wait for +1.1M or something. And price will probably fall like it did in 2013, and the lucky ones will be rich again..

angaper

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Of course we never will see that price in our lives, because the multiple factors required to achieve that level are almost impossible to gather. I have read that the highest price that bitcoin could achieve given the better conditions should be not beyond $1300, and I personally think it is a very optimistic idea.

Mastercon

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Quote from: social crypto coin on July 23, 2016, 06:26:04 AM

if bitcoin price 1 milion dollar every one coin
i want all in sell all my balance bitcoin
and like this and rich

I will not sell my bitcoin then. I will just use the bitcoin and use it to buy things. That will help the circulation.

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