If bitcoin rose to $1M, what you do? - page 31.

milewilda

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Quote from: akamit on July 18, 2016, 08:47:01 AM

If it ever rises to $1m, I will sell all my bitcoins If I have at that moment....
And give half of the money to the poor people to help get them financially freedom.

But it will never happen I think .... Angry

You have a very nice motive bro. Helping to others is a very good deed to do. Let's hope the price would reach that bracket. But still impossible to happen. I'll expect the highest price would be $4k in decades I think.

akamit

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If it ever rises to $1m, I will sell all my bitcoins If I have at that moment....
And give half of the money to the poor people to help get them financially freedom.

But it will never happen I think .... Angry

milewilda

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Quote from: JessicaSe on July 18, 2016, 08:37:09 AM

Quote from: kryptqnick on July 18, 2016, 08:34:03 AM

Quote from: tygeade on July 18, 2016, 07:09:04 AM

Quote from: Jemzx00 on July 18, 2016, 07:02:59 AM

Well this will affect lots of people and might suddenly be hard to get bitcoin for free since it's price is too high.

Yeah if price reaches to that level then it would be really difficult to earn it as even small earning can give us huge returns but I don't think we will ever see that high price.

I agree, there won't be such a price. Lot's of people will become suddenly reach which will lead to the inflation (even if it did rise to 1M$)

$1M is too high to expect and it is also not an realistic value to achieve, bitcoin will be higher in price in future but maximum we can expect from it is around $10k not more then that.

Bitcoin price in $1M mark is impossible it won't ever happen even in my dreams. If it happen then many would be millionaires holding just 1btc. In my view btc price would reach max $4k just a speculation.

Mvaporis1961

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Easy, I'm gonna sell all my coins and i will just keep my profits and wait again for the price to get down and then i will buy a lot of bitcoin and hopes for a second chance for the price to rise up to $1M Roll Eyes

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JessicaSe

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Quote from: kryptqnick on July 18, 2016, 08:34:03 AM

Quote from: tygeade on July 18, 2016, 07:09:04 AM

Quote from: Jemzx00 on July 18, 2016, 07:02:59 AM

Well this will affect lots of people and might suddenly be hard to get bitcoin for free since it's price is too high.

Yeah if price reaches to that level then it would be really difficult to earn it as even small earning can give us huge returns but I don't think we will ever see that high price.

I agree, there won't be such a price. Lot's of people will become suddenly reach which will lead to the inflation (even if it did rise to 1M$)

$1M is too high to expect and it is also not an realistic value to achieve, bitcoin will be higher in price in future but maximum we can expect from it is around $10k not more then that.

kryptqnick

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Quote from: tygeade on July 18, 2016, 07:09:04 AM

Quote from: Jemzx00 on July 18, 2016, 07:02:59 AM

Well this will affect lots of people and might suddenly be hard to get bitcoin for free since it's price is too high.

Yeah if price reaches to that level then it would be really difficult to earn it as even small earning can give us huge returns but I don't think we will ever see that high price.

I agree, there won't be such a price. Lot's of people will become suddenly reach which will lead to the inflation (even if it did rise to 1M$)

Maesters1-

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Quote from: airsounds on July 18, 2016, 07:54:29 AM

Quote from: pandalion98 on June 18, 2016, 07:58:06 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).

first of all, i would be very happy, and then i think i would spend them all, like buy house, car, other things, as if price would be that large, i am sure that everyone would accept it

but to me it is not such a strange news. i was expecting it from the day of halving that it will cross $1M very easily and it still i am expecting that i will even cross 1200$ in near future.

airsounds

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Quote from: pandalion98 on June 18, 2016, 07:58:06 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).

first of all, i would be very happy, and then i think i would spend them all, like buy house, car, other things, as if price would be that large, i am sure that everyone would accept it

tygeade

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Quote from: Jemzx00 on July 18, 2016, 07:02:59 AM

Well this will affect lots of people and might suddenly be hard to get bitcoin for free since it's price is too high.

Yeah if price reaches to that level then it would be really difficult to earn it as even small earning can give us huge returns but I don't think we will ever see that high price.

Jemzx00

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Well this will affect lots of people and might suddenly be hard to get bitcoin for free since it's price is too high.

Crazygreek

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I will be very happy and also very sad, very happy cause i will become a millioner and very sad that many people become a millioners too, very strange situation Grin

Natuhant

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I will use one bitcoin to buy a good house, and spend the other 5 bitcoin to live a good life, and travel a lot.

JeffBrad12

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Quote from: fravia on July 17, 2016, 09:17:03 AM

Quote from: martinacar on July 17, 2016, 08:26:19 AM

Quote from: Strongkored on July 17, 2016, 07:26:18 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

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.

fravia

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Quote from: martinacar on July 17, 2016, 08:26:19 AM

Quote from: Strongkored on July 17, 2016, 07:26:18 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

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

shugareward

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I would sell everything and live amazing, financial free life, but I don't believe that it is possible.

Nimbulan

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Quote from: Superways on July 17, 2016, 07:33:04 AM

Quote from: romero121 on July 17, 2016, 07:15:41 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

martinacar

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Quote from: Strongkored on July 17, 2016, 07:26:18 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

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.

Superways

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Quote from: romero121 on July 17, 2016, 07:15:41 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.

Strongkored

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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

But just dream i think -_-, because I think in the next 10 years bitcoin prices will not reach $1M. Thanks

romero121

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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.

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