Topic: what will happen if BTC hit 1.000.000$ - page 11. (Read 14190 times)
It is almost impossible that the price of Bitcoin will reach 1 million. Bitcoin is a very well-balanced cryptocurrency so everything in Bitcoin is handled like this. When Bitcoin is worth 1 million, I think many difficulties will arise. Bitcoin is not so easily available, its use will decrease if Bitcoin prices increase in excess rates. Then its acceptability will decrease if its price increases so much.
I have a simple answer for you.
That means, we all here will get a big profit from each of bitcoin we have, and we can sell all of bitcoin or sell some amount to get that profit.
That will be a big dream for every trader here because they can get huge profit from bitcoin.
I still thinking and dreaming when that will happen.
But the hack will always be there because there is no 100% security on the internet, but we can prevent from the worst thing that might happen.
That means, we all here will get a big profit from each of bitcoin we have, and we can sell all of bitcoin or sell some amount to get that profit.
That will be a big dream for every trader here because they can get huge profit from bitcoin.
I still thinking and dreaming when that will happen.
But the hack will always be there because there is no 100% security on the internet, but we can prevent from the worst thing that might happen.
~snip~
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
For sure many hacking events will happen but I guess it will not stop bitcoin in increasing because we once all said that bitcoin is unstoppable right. If bitcoin can really reach that huge value for sure massive adaption will happen and also the popularity of bitcoin will take its place again. do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
This would truly be fascinating, because it would imply that bitcoin is an accepted global currency in which each satoshi is valued at roughly one cent ($0.01). It would also imply that bitcoin has gobbled up competing currencies and has perhaps been declared as an official currency by at least one country. I am skeptical it will reach this price, but it is definitely within the realm of possibility.
I do not think much will change from the current situation. Hackers are already hacking. However, I think more governments will begin to see the need to legalised btc.
Compared to the fiat usage what we have in percentage is very small. Maybe we'll have around 4% of the people globally using cryptocurrencies on different needs. It can vary from daily needs, trading to gambling and on transactions. Even with this we've reached $20000, when this is possible when the usage percentage increases surely we can see a bitcoin equal to $100000, but I'm not sure of $1000000.
I do not know whether bitcoin will be able to reach such a price, but if it happens it will definitely make a big splash. Many countries will begin to actively make decisions on how to regulate bitcoin, because it will be impossible to ignore it.
The question is - how relatively much 1 million USD will be worth. If it is going to share the fate of Bolivar, then I am afraid we will have more important issues than the price of BTC to focus upon.
But jokes aside, if the current value of $ will remain at a similar level, this would totally mean that BTC cannot be regarded as any sort of currency replacement.
It is very possible, that those of you, who had been very early adopters of BTC, hodling since 2010-2011 and deciding to sell, will be heavily taxed -especially if you will not be able to show any clear evidence, how did you get them.
But jokes aside, if the current value of $ will remain at a similar level, this would totally mean that BTC cannot be regarded as any sort of currency replacement.
It is very possible, that those of you, who had been very early adopters of BTC, hodling since 2010-2011 and deciding to sell, will be heavily taxed -especially if you will not be able to show any clear evidence, how did you get them.
Wow, If it comes true, I think there will be a lot of millionaires born. But 20000$ is my target in next year.
Reaching 1 million USD for each bitcoin is the dream for most people who owns bitcoin but it has its share of disadvantages too. Back in 2018 when the price of each bitcoin reached an alarming rate of around $18,000-$20,000, transaction fees were high and it discouraged almost some to trade their bitcoins.
From an investment perspective, reaching that price would be the best thing since sliced bread. The opportunities and potentials it create to people who own bitcoins may be a solution financially to some. Not to mention, expect government intervention to take place in this scenario.
People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .
I doubt that it will reach that kind of price soon but it is not entirely impossible. Before it reaches to that price, government would surely intervene in the process and banks may engage in the cryptoworld by making their own coin.
From an investment perspective, reaching that price would be the best thing since sliced bread. The opportunities and potentials it create to people who own bitcoins may be a solution financially to some. Not to mention, expect government intervention to take place in this scenario.
if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.
People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .
I doubt that it will reach that kind of price soon but it is not entirely impossible. Before it reaches to that price, government would surely intervene in the process and banks may engage in the cryptoworld by making their own coin.
hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
This is very funny.
While the bitcoin price declined, everyone drew apocalyptic scenarios. I even remember those who say that Bitcoin will drop to $ 100. Now someone's dating and talking about $ 1,000,000 .... Just funny!
If bitcoin reaches $ 1 million per chip, I think there will be many people who get rich and be accompanied by more crime. And yes, even the government will be more assertive in setting rules in every country.
hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
That's impossible to happen maybe 100k USD each might possible but even the 1m USD each bitcoin won't help to stop hackers for hacking and stealing bitcoin it is their nature of earning money.
We can't change it unless if the price of bitcoin will become no value in the future I'm sure there is no hacking news will be published in the future related to bitcoin hacking.
Since the bitcoin price is increasing more hackers and criminals are attracted to get easy bitcoin to their victim.
hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
I don't know what will happen for hacking news or violence or criminalization even harassment by the Government in an unsupported country.if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
But, I know that I shall be a rich man.
Actually, everything will be normal if Bitcoin reaches 1 million. just Bitcoin value will be high then your local currency.
if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.
People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .
if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.
hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
If this will happen im pretty sure government have control over bitcoin by this days specialy if bitcoins hits half or even a quarter a million each government for sure will make a move in order to take over control bitcoin and get so much money from it.Government is greedy you know.With the news im pretty sure hacking will be more often but for sure security will keep on developing in future so it can be lessen if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?
We will see a repeat of what happened after 2017, where huge amounts of speculators started to enter the scene and rushed to buy some bitcoins. Then as the Bitcoin price starts to reach it's peak, a lot of them will start dumping coins and the price will once again drop like it did in 2018.
The higher the price of Bitcoin goes, the more greedy people tend to get and then when the price takes a nose dive, people blame Bitcoin for their greed.
Yes, Bitcoin based hacks and crime connected to Bitcoin will increase as the value of the token increase.
The higher the price of Bitcoin goes, the more greedy people tend to get and then when the price takes a nose dive, people blame Bitcoin
Yes, Bitcoin based hacks and crime connected to Bitcoin will increase as the value of the token increase.
Btc can be 1 million, but it can value 10$ overtime , as well, nobody can know.
I'd be more surprised if you wouldn't find anyone who's got the price right once. There's been so many people who thought they could predict the numbers that even by chance at least a few have to be close.
I'd be more surprised if you wouldn't find anyone who's got the price right once. There's been so many people who thought they could predict the numbers that even by chance at least a few have to be close.
I doubt it will happen, because bitcoin need lots of fans from the party which can make its follower has an interesting to buy and hold bitcoin, but I guess it will never happen. There are lots of people who pros and cons again bitcoin moreover from the government, they will blocking every bitcoin's growth and even will make bitcoin have no interest for its citizens. About hacker, if we see now there are many exchange even from the developer coin who try to make a feature which can make troublesome every hacker who will hack their coin. Every problem that have happened will be evaluated by them and make a new system which can make counteract that and I believe it will happen although the price bitcoin hasn't reached the price of $100 k.
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