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Topic: If bitcoin rose to $1M, what you do? - page 9. (Read 29475 times)

hero member
Activity: 924
Merit: 1000
October 06, 2016, 06:02:30 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
Everybody would trade in there Bitcoin because nobody would refuse to sell there Bitcoin for a million. I do not think that it is ever going to happen.
It would take a very long time for the Bitcoin to reach a million.

Yeah and we are also not 100% sure about it that whether we will see that high price ever or not, as its too high to expect and that price doesn't sounds to be realistic one.

Agree something it is not really realistic one! You are right. $1M something it is really big really really big that it will be happening soon. If that price will be achieved then i think i am dead on that time because it really takes a lot lot of time! haha Centuries? Decades? we dont know if bitcoin still exist on that time.

Yes its hard to believe that bitcoin can achieve that price in future, and yes may be we won't be alive by then to see that price of bitcoin but if it does it will make its all users millionaires.
sr. member
Activity: 686
Merit: 260
October 06, 2016, 05:59:58 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
Everybody would trade in there Bitcoin because nobody would refuse to sell there Bitcoin for a million. I do not think that it is ever going to happen.
It would take a very long time for the Bitcoin to reach a million.

Yeah and we are also not 100% sure about it that whether we will see that high price ever or not, as its too high to expect and that price doesn't sounds to be realistic one.

Agree something it is not really realistic one! You are right. $1M something it is really big really really big that it will be happening soon. If that price will be achieved then i think i am dead on that time because it really takes a lot lot of time! haha Centuries? Decades? we dont know if bitcoin still exist on that time.
hero member
Activity: 952
Merit: 1000
October 06, 2016, 05:54:37 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
Everybody would trade in there Bitcoin because nobody would refuse to sell there Bitcoin for a million. I do not think that it is ever going to happen.
It would take a very long time for the Bitcoin to reach a million.

Yeah and we are also not 100% sure about it that whether we will see that high price ever or not, as its too high to expect and that price doesn't sounds to be realistic one.
sr. member
Activity: 420
Merit: 250
October 06, 2016, 03:49:26 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
Everybody would trade in there Bitcoin because nobody would refuse to sell there Bitcoin for a million. I do not think that it is ever going to happen.
It would take a very long time for the Bitcoin to reach a million.
legendary
Activity: 1302
Merit: 1018
Cashback 15%
October 05, 2016, 11:45:02 PM
i will sell all my bitcoin if the price rise to $1M and spent it for buy everything lol
because i dont think the price will up again and maybe will down so i sell it
i dont want miss the chances Wink

All bitcoin holders would do the same thing too for sure  since its once  in a lifetime  opportunity  which bitcoin price would rose  to 1m each which is  very  high and could  possibly make us  millionaires on that time  but still  its too unrealistic to consider to  reach this  high price point.
legendary
Activity: 1736
Merit: 1001
October 05, 2016, 08:08:58 PM
i will sell all my bitcoin if the price rise to $1M and spent it for buy everything lol
because i dont think the price will up again and maybe will down so i sell it
i dont want miss the chances Wink
hero member
Activity: 770
Merit: 500
October 05, 2016, 08:01:57 PM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
well most probably you are right, but bitcoins is still a really great currency in my opinion no matter what
legendary
Activity: 1008
Merit: 1000
October 05, 2016, 07:35:43 PM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m

Yes that is something will never happen with bitcoins, its too high to expect from bitcoin and I doubt that people will prefer to hold their coins that long till it achieves that price.

that something its impossible but it could be possible in future, and for 5 years until 10 years, i think its really hard the price reach in $1M, except the fiat is change into bitcoin then maybe it will be possible.

That is never possible, and you mean to say that there will be no existence of fiat and only  bitcoins everywhere for spending? That will never happen and fiat will always show its presence even if bitcoin reaches to the moon.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
October 05, 2016, 07:30:24 PM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m

Yes that is something will never happen with bitcoins, its too high to expect from bitcoin and I doubt that people will prefer to hold their coins that long till it achieves that price.

that something its impossible but it could be possible in future, and for 5 years until 10 years, i think its really hard the price reach in $1M, except the fiat is change into bitcoin then maybe it will be possible.
hero member
Activity: 910
Merit: 1000
October 05, 2016, 07:19:32 PM
If the it happens I'm sure there are many people who directly sell their bitcoin because it would be very beneficial. I was also doing it because I'll get a lot of advantages. But I think bitcoin will not rise as much as it is due to fluctuations in bitcoin does not allow that to happen.
I think before the price reaches $ 1m will be a lot of people selling all bitcoin them, even you see yourself before the price of $ 800 though still visible a small price, a lot happens panic alternately, so I think before the prices up high will definitely happen panic seling and prices will back down


Yeah if price will touch to $800 or $1k in coming months then most of the users will prefer to sell their coins without thinking twice in order to grab the profits and if this process continues then bitcoin will never achieve dream value in future.
hero member
Activity: 490
Merit: 500
October 05, 2016, 07:13:22 PM
If the it happens I'm sure there are many people who directly sell their bitcoin because it would be very beneficial. I was also doing it because I'll get a lot of advantages. But I think bitcoin will not rise as much as it is due to fluctuations in bitcoin does not allow that to happen.
I think before the price reaches $ 1m will be a lot of people selling all bitcoin them, even you see yourself before the price of $ 800 though still visible a small price, a lot happens panic alternately, so I think before the prices up high will definitely happen panic seling and prices will back down
hero member
Activity: 924
Merit: 1000
October 05, 2016, 06:56:52 PM
No no one will be that much pessimistic that bitcoin will have $ 1 million price levels only after decades. The surprising fact about bitcoin must be no one will know when bitcoin will boom, in 2013 bitcoin rose from ~$15 to ~$1200. The growth rate must be unimaginable, why not that may happen again.

When big companies start adopting bitcoin payments, the demand for bitcoin might go into huge levels so that bitcoin prices start skyrocketing. In my personal opinion, I am expecting $1M to happen within next halving itself.
Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting  1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.

Anything is possible but it will not hit the million price in such a short duration, no doubt adoption level will go higher in future but we we cannot expect more then $2k at next halving.
legendary
Activity: 1232
Merit: 1029
October 05, 2016, 04:17:44 PM
No no one will be that much pessimistic that bitcoin will have $ 1 million price levels only after decades. The surprising fact about bitcoin must be no one will know when bitcoin will boom, in 2013 bitcoin rose from ~$15 to ~$1200. The growth rate must be unimaginable, why not that may happen again.

When big companies start adopting bitcoin payments, the demand for bitcoin might go into huge levels so that bitcoin prices start skyrocketing. In my personal opinion, I am expecting $1M to happen within next halving itself.
Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting  1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.
hero member
Activity: 868
Merit: 1000
October 05, 2016, 09:28:12 AM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m

Yes that is something will never happen with bitcoins, its too high to expect from bitcoin and I doubt that people will prefer to hold their coins that long till it achieves that price.
hero member
Activity: 1008
Merit: 540
October 05, 2016, 09:12:42 AM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m
hero member
Activity: 840
Merit: 1000
October 05, 2016, 09:07:21 AM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
We don't know where bitcoin exactly will land in future and what price it would be holding, $1M seems to be impossible to achieve but if it proves us wrong and reaches there then I will prefer to sell all my coins.
legendary
Activity: 2002
Merit: 1015
October 05, 2016, 09:03:34 AM
Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
legendary
Activity: 1036
Merit: 1002
October 05, 2016, 07:54:16 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).
this could be one of the most amazing things that would be happen in bitcoin history if im not mistaken too Tongue because if bitcoin will rose to 1million us dollar per 1 bitcoin then probably those people who had thousands of bitcoin on there wallet will be multi thrillionaire and then can be listed on one of the most rich man in the world.
hero member
Activity: 714
Merit: 500
October 05, 2016, 06:38:23 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.

Yeah indeed it's something that is very true. everyone would prefer to replace the bitcoin it brings into the physical form of money. because it is now only a small part of the offline or online stores accept bitcoin, so it will be very difficult for us to do something with that much amount of money
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
October 05, 2016, 06:33:02 AM
Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

Even if starts getting accepted everywhere people will prefer to sell them as they also need physical money in their daily lives, and with real money you can invest them anywhere you want.
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