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Topic: If bitcoin rose to $1M, what you do? - page 30. (Read 29501 times)

member
Activity: 112
Merit: 10
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
hero member
Activity: 756
Merit: 500
July 23, 2016, 06:10:57 AM
sell all of the bitcoin and restock all of the altcoin. because the logic of bitcoin rise altcoin down and bitcoin down altcoin rise.
and lot of people gonna sell their bitcoin afterward the fluctuation happened after that. so the profit is multiple a lot
hero member
Activity: 1372
Merit: 503
July 23, 2016, 06:02:18 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).

Then I would rather sell them all and start a living. I would start my business as a day job and stop earning bitcoin. Because that's the reason why I'm earning bitcoin, to gain profit. But its more secure if you use it to start another business. Because you own that business and you have this responsibility to maintain your business. Rather than earning bitcoins. You don't know when you are going to profit. You don't know if still you can gain a profit.
full member
Activity: 222
Merit: 100
July 23, 2016, 04:18:50 AM
Of course I would sell all my coins at once because then I would become a millionaire but I am not going to hope for this because I know the chance is small.
I not even have to become rich as long as I can do what I want to do.

When the bitcoin price is $1million, that will be many years away. You do not need to sell it, you can use it.
hero member
Activity: 616
Merit: 500
July 21, 2016, 10:12:16 AM
Of course I would sell all my coins at once because then I would become a millionaire but I am not going to hope for this because I know the chance is small.
I not even have to become rich as long as I can do what I want to do.
hero member
Activity: 756
Merit: 500
July 20, 2016, 03:37:39 AM
And if it is possible I would sell all my bitcoin, and retire from the cryptocurency world. Then with the bitcoin sales results, I will use to create a business that I think will profit in the future Smiley But just dream i think -_-, because I think in the next 10 years bitcoin prices will not reach $1M. Thanks
I surely would sell some of my bitcoins. With some i mean 90% or more. Because being a bitcoin millionaire is good, but a fiat millionaire is better.
Problem is i think i would have sold my bitcoins way earlier, when it reached 10k probably.

that would really be a good idea to do i think in order to make some money out of the price increase, i think i would sell half of my coins and then hold another half
Just selling a half of your bitcoin will giving a much of profit.
but for surely to sell all of the bitcoin if that situation happens, a lot of things you can to do that amount. maybe that situation will not happened for a second time.
Well, considering that the price rose to $1M right now, then I think it would be wise to just sell the coins and ruin the economy of the world but I wouldn't really give a single damn about it because I want to live a peaceful life after selling my coins because I'll definitely be able to at least start my own business with it and live a happy life.
sr. member
Activity: 504
Merit: 250
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July 19, 2016, 02:46:22 PM
i will be no 1 rich in my country.
well you would still have to have the most bitcoins in your country then, in my opinion i would just sell a part of the bitcoins i have in order to have both fiat and bitcoins
legendary
Activity: 1638
Merit: 1046
July 19, 2016, 02:30:14 PM
i would sell them all and live happily ever after. Smiley
Thats a good choice but very hard to know when that price will happen.. this is very impossible to happen in bitcoin it takes a lot of time and a lot of investors to this price..
newbie
Activity: 34
Merit: 0
July 19, 2016, 02:05:12 PM
i would sell them all and live happily ever after. Smiley
legendary
Activity: 2982
Merit: 1280
Hire Bitcointalk Camp. Manager @ r7promotions.com
July 19, 2016, 01:05:58 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).

Well if that happen I will encash my bitcoin to the amount i wish to buy me stuff.  I won't do it in one go because there is a possibility that the government tax office will come after me.  Slowly but surely buying stocks and other stuff where I can invest the other half of my earned money from bitcoin.
full member
Activity: 174
Merit: 100
July 19, 2016, 11:53:46 AM
Id sell them all and retire with over 20m in usd. That is enough money for me and my family to live forever.

No this is not enough money for you and your family to live forever google "millionaire who spent or loss it all" there are many middle class people and once they were millionaire


Sure, many who got rich quickly spent the millions very quickly away as well. But others were responsible, started own business or just lived out of it instead. In some places one million dollars is enought to live forever for your whole family, as it easily equeals to lifetime income from daily jobs there.
full member
Activity: 196
Merit: 100
July 19, 2016, 10:37:12 AM
i will be no 1 rich in my country.
i dont think so. because 1$M is not such a high level.i can even see the price more high from that level. because if once the price of bitcoin cross that level then it will sky rocket. i think people well become more confident and they will try to buy more and more bitcoin.
copper member
Activity: 1722
Merit: 1004
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July 19, 2016, 10:28:06 AM
If the price rise to such a big amount I'll try to sell all my bitcoin that have been saved in my wallet. The possibility for such an increase is really hard and unrealistic.

everyone is saying that they will sell all of their coins, i think with that you all are going to destroy bitcoin, as if everyone will throw their coins to the market the supply will be increased and the demand will be lower down and with that a big crash will occur and with that you will embrace bitcoin with a bigger challenge.



No no there are many people who use their bitcoins in different businesses and in trading as well, so if the user sell their bitcoins then the buyer use their bitcoins in some other business that's why they are buying bitcoins and other possibility is they will hold their bitcoins right? so there is no chance of crash due to selling of bitcoins.
legendary
Activity: 1106
Merit: 1000
July 19, 2016, 09:59:42 AM
Id sell them all and retire with over 20m in usd. That is enough money for me and my family to live forever.

No this is not enough money for you and your family to live forever google "millionaire who spent or loss it all" there are many middle class people and once they were millionaire

i would invest those 20m in a business
sr. member
Activity: 476
Merit: 250
July 19, 2016, 09:47:30 AM
If Bitcoin would rise to $1M then I would sell some coins right away because there is no reason to be waiting any longer.
So many users would do the same thing try to sell their coins, that would be the only thing happening.
Yeah I agree because I would do the same thing there is no need to wait any longer if the price is that high so I would sell and quit.
I would be rich if that happened but I am not getting my hopes up because I do not think that it will happen.
full member
Activity: 194
Merit: 100
July 19, 2016, 09:36:52 AM
i will be no 1 rich in my country.
hero member
Activity: 798
Merit: 1000
July 19, 2016, 08:14:40 AM
If Bitcoin would rise to $1M then I would sell some coins right away because there is no reason to be waiting any longer.
So many users would do the same thing try to sell their coins, that would be the only thing happening.

Yeah and I think that is the right thing to do as that price is beyond our expectations if it touches that price then best thing would be to sell off and encash it to real money.
hero member
Activity: 658
Merit: 500
July 19, 2016, 08:06:48 AM
If the price rise to such a big amount I'll try to sell all my bitcoin that have been saved in my wallet. The possibility for such an increase is really hard and unrealistic.

everyone is saying that they will sell all of their coins, i think with that you all are going to destroy bitcoin, as if everyone will throw their coins to the market the supply will be increased and the demand will be lower down and with that a big crash will occur and with that you will embrace bitcoin with a bigger challenge.
that wouldnt destroy the bitcoins because a lot of people would still use it, i think when the bitcoin would reach such price it would have replaces like one third of all the money we have now

Yeah, there are a lot of people who are using bitcoin for their businesses and they will not do a foolish act like that and will continue their business with bitcoin so with that bitcoin will be at higher and it will always be on its track of success.
member
Activity: 62
Merit: 10
July 19, 2016, 07:53:52 AM
i think i will sell it. and then i will do wait again when the price will fell down and i will do buying again
hero member
Activity: 714
Merit: 500
July 19, 2016, 07:47:06 AM
If Bitcoin would rise to $1M then I would sell some coins right away because there is no reason to be waiting any longer.
So many users would do the same thing try to sell their coins, that would be the only thing happening.
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