what will happen if BTC hit 1.000.000$ - page 13.

roosbit

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

hi guys
if BTC hit 1 million $ in the future what will happen

If ever we get to have such a price for each bitcoin, it means people will use much robust security systems and maybe guard their wallets better than we do today.

Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

do u think we will see more hack news

Not a single chance, this is a million we talking of

Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

More violence and criminalization of bitcoin holders by governments

Violence I doubt it, people will be millionaires! Criminalization from the G man yes because of unremitted taxes....

Quote

Any events we will see ?

With too much money circulating there is a Possibility of inflation I guess

davis196

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

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 ?

This question has been asked a long time ago.Search the forum instead of asking it again.
1.Bitcoin will NEVER reach 1M USD.This is logically and mathematically impossible.
2.There's no direct correlation between the bitcoin price and the levels of "violence and btc holding criminalization".

dothebeats

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Physical thefts would soon occur rampantly, and the possibility of governments hoarding bitcoin as a substitute for gold in reserves is possible too, though the scenario of bitcoin reaching $1M a piece is somewhaf improbable unless hyperinflation struck the USD in our lifetimes (which is definitely not going to happen.) Up to now it has always been a question that has posed many answers, though in reality we'll never know unless we get there.

bitzizzix

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If indeed I think there is more crime and fraud for bitcoin to be able to have it, and besides that the government will intervene.
I hope that bitcoin doesn't reach that much.

proTECH77

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

More violence and criminalization of bitcoin holders by governments

There will more criminally minded individuals getting into the world of cryptocurrency to make use of the anonymity in carrying out their hideous act which forbidden in fiats. Also, there will be more violence between the holders and the government, also, there will be violence between hodlers who are not careful to hold their coins in secret. Rubbery be escalate among crypto holders, in all, it will increase criminally minded individuals in crypto-world

jake zyrus

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If bitcoin will reach the price of 1,000,000 all of us will become instant millionaire maybe the people who have a lot of it will really become one of the richest people in the whole world. Even the price of bitcoin is so unpredictable but what if it this thing will really happen.

Ibizugbe1

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Nothing is impossible. If the world government chooses bitcoin as the world reserve currency, we could see this coming through. This might not happen in this generation, this kids in this generation that will see when this happen and if they have bitcoin as an inheritance, then they will control the world financially.

Genemind

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It's unrealistic so we can't see the possible things that might happen. I guess that's too much and Bitcoin wouldn't be affordable so there would be a supply and demand imbalance.
$20k-100k would be enough and there would be better things that would happen in crypto world. Hackers would always be present no matter what the prices are so we have to be careful all the time.

Adriano2010

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I also think if that happen hackers will try again hack, and also governments will put tax as already someone said, but i wish to happen, but in my opinion we are still far from that.

XCANA

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

do u think we will see more hack news

Absolutely, there will be more hacking compare to what we have seen in recent time. Moat of these hacking are as a result of increase in Bitcoin price, even the scammers will definitely come out from their hidden places to extort newbies. If Bitcoin price hit such amount, we should be waiting for another way and level of hack, which will be different from the current hacks around us.

Beerwizzard

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We all hope that there will come times when Bitcoin price would be over one million USD because hopefully, that would be the moment when newbie shitposters like you would stop creating the same useless threads again and again.

Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

More violence and criminalization of bitcoin holders by governments

Sure, governments are trying to regulate cryptocurrencies just because they are afraid of all those people that are holding this treasure. That's true.

funchiestz

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

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 ?

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!

BrewMaster

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obviously everything grows together because they are all linked. the more adoption takes place the more people are going to be involved with bitcoin and that means all kinds of people from experts to newbies. and that also attracts all types of people from scammers to businessmen trying to fill a gap and make money.

BitMaxz

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Quote from: crypto1998 on May 13, 2019, 09:28:14 AM

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 ?

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.

dmty.0809

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If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

crypto1998

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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 ?

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