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Topic: If bitcoin rose to $1M, what you do? - page 38. (Read 29501 times)

legendary
Activity: 3290
Merit: 1128
June 28, 2016, 12:47:06 PM
I don't even want to know what I will do by then because that will never happen. Or it may happen, but at the time that it does happen, I'm probably already gone, and so are you.

But if this actually happened while we're still here, then rejoice my friends as the world's economy would be broken while we all try to dump our coins and thousands of people become instant millionaires and billionaires. Some would even become trillionaires, maybe.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
June 28, 2016, 11:02:18 AM
I would buy personal mathematics tuition for all the morons on here who don't believe the price will ever go over a few hundred 'because people can't buy a whole coin'.

I'd throw in some personal finance education and suicide prevention too.
sr. member
Activity: 526
Merit: 250
June 28, 2016, 10:55:35 AM
1 btc = $1M, incredible. i will be disposing off 100 satoshi from my current bitcoin storage until my retirement.
hero member
Activity: 1498
Merit: 502
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June 28, 2016, 10:25:44 AM
I would sell that is obvious why would why wait because maybe that value will go down so you will have to take these chances.
I do not know if it is even possible for the Bitcoin value to be that high.
I don't think so. bitcoin price is depends on the user's usage and demand. I don't think bitcoin users will let the bitcoin price to go that high. the bitcoin holders are just willing to sell their bitcoin anytime bitcoin reach to 1000$ . and when everyone starting selling their bitcoin then bitcoin price will start dropping again..
this procedure continues again.. so I don't think bitcoin will reach 1M$..
sr. member
Activity: 588
Merit: 250
June 28, 2016, 10:17:58 AM
I am sure that many people will become a millionears at once and USA economics will start deteriorate cause many people just get a millions. I don't really know what happen to me and everyone who own bitcoins.
hero member
Activity: 714
Merit: 528
June 28, 2016, 09:08:57 AM
If bitcoin rose to $1M there will be a panic sell all over the network and it will cause the price to go back to $500 Tongue
Still, I would love to sell all of my coins if the price actually hit that number
Heck, I will do it even if the price reach $8k Grin

we will be very lucky if the value of bitcoin reached to $1M, but I think that will not be reached sooner but it will take some years a hard struggle from the supporters to reach there.
It will take a long time for Bitcoin to reach that number, Bitcoin is already dominating the world if their price is high as that Grin
Best to wish that It will dominate someday Wink
sr. member
Activity: 364
Merit: 250
June 28, 2016, 08:44:40 AM
It's seem take too long time to happen, I think it's need about one hundred year's again to rose onto that amount. but if some of  mirracle hapen in this year that make the price of bitcoin is $1M. I absolutely sell all of my bitcoin.
legendary
Activity: 3248
Merit: 1179
June 28, 2016, 08:08:49 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).

Same as now, just I will not deposit in casino 0.15 btc, I will deposit 0.0001 and that would be around  100 $ or even more. And I would be very rich, probably I would invest in some business, like some real estates. Or I will open first bitcoin shop in my town.
There is like million ideas in my head, I think first I wouldn't know what to do. Probably I would go to some vocation to clear my head, to chill and then think what is best thing to do next, it would be crazy house in my head.
Well maybe something like that can happen in next 20 years. It sounds a bit impossible, but we can dream about it.
hero member
Activity: 644
Merit: 500
June 28, 2016, 08:07:37 AM
we will be very lucky if the value of bitcoin reached to $1M, but I think that will not be reached sooner but it will take some years a hard struggle from the supporters to reach there.
hero member
Activity: 826
Merit: 502
June 28, 2016, 08:04:18 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).

That will be an amazing news for me then I will sell a little amount of my coins and so I will have a good amount of wealth with that little amount of bitcoins. and will start a side business.
full member
Activity: 162
Merit: 100
June 28, 2016, 08:03:29 AM
Consider that the "maximum" price of BTC is around $70 million and $1 million per coin seems unlikely. Nevertheless, if we do achieve it, it means that BTC is already well integrated into the world and probably functioning as a major currency or means of settlement. In that case, what I do is exchange my satoshis for goods and services, like the weekly groceries Cheesy
full member
Activity: 210
Merit: 100
June 28, 2016, 07:58:30 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 want to withdraw all my bitcoin, then I will buy a car or anything you want. because even though it is only 10,000 satoshi very big amount for me and is it enough for me to buy anything I want. but maybe not up to 1M Bitcoin. because if it happens I will not look for a job. because bitcoin is enough for me to live longer. 😂
sr. member
Activity: 504
Merit: 250
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June 28, 2016, 07:53:05 AM
Well IMO It is impossible for many years for bitcoin to reach it. Maybe in 50 years it will happen. If that happens ill immediately sell all my bitcoin and live a happy life using it.
in my opinion it will definitely happen sooner or later because the price of the bitcoin will have a lot of potential to grow i think so i doubt that we will have to wait half a century

i think that bitcoin will reach such huge numbers in like 15 years or so though anything might happen to the price i think, then i would just buy some stuff for myself i think and thats it
legendary
Activity: 1848
Merit: 1000
June 28, 2016, 07:49:50 AM
Haha, if it ever got close to that price I think the majority of people would get shaky along the way up and already have sold their bitcoin unless you are really in for the ride.
hero member
Activity: 574
Merit: 500
June 28, 2016, 07:42:34 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).

Whoa! Seeing that I have a few stashed away, I would cash them all in for sure, if it happens overnight of course. If it climbs up to that point in small increments slowly over time, then I would probably not have any coins left to sell at that point seeing as though i would of cashed them in at 10k or 100k  Grin
full member
Activity: 182
Merit: 100
June 28, 2016, 07:27:39 AM
I would sell that is obvious why would why wait because maybe that value will go down so you will have to take these chances.
I do not know if it is even possible for the Bitcoin value to be that high.
It will not reach that high because as far as I know people will sell even if the price will go 5 digits. So I think it's really impossible to reach that amount.
sr. member
Activity: 476
Merit: 250
June 28, 2016, 05:46:43 AM
#99
I would sell that is obvious why would why wait because maybe that value will go down so you will have to take these chances.
I do not know if it is even possible for the Bitcoin value to be that high.
member
Activity: 98
Merit: 10
June 28, 2016, 05:43:40 AM
#98
My plan is to get rich by just investing in the bitcoin itself because of the good future it has right now.  Cool Wink Smiley
newbie
Activity: 24
Merit: 0
June 28, 2016, 05:41:57 AM
#97
of course will sell all, keep my money and buy again when price down.
sr. member
Activity: 252
Merit: 250
June 28, 2016, 05:38:47 AM
#96
as it is not so easy but still it is a fact that every think i possible and specially when we are talking about bitcoin. in the world of bitcoin no one can deny the possibitlity of increase of the rate of bitcoin to any limit. so i will like to sell my bitcoin at that time because i am pretty sure that it will be a temporary increase in the price, and the rate will decrease after that. so we will be in position again to buy bitcoin again at that time.
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