Topic: what will happen if BTC hit 1.000.000$ - page 7. (Read 14181 times)
Do you think any investor will hold his 1,000,000 USD in just one Bitcoin in a wallet which can be hacked at a go or can be depreciated in just a fraction of time. Bitcoin going above 50,000 is not even possible in the near future. The competition of new coins and other alternative coins to bitcoins is so much that bitcoin alone can rise to that level. And I am even worried what factors can make bitcoins get to 1million USD.
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 ?
Why do you have to think of unwanted scenarios when Bitcoin increased to $ 1,000,000 ?. Instead, people can set a much better perspective!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 ?
Agree with you that the high value of crypto is a means for bad organizations to take advantage of exchange. High value means it is more attractive to people, being hacked or appearing other vulnerabilities is inevitable.
On the positive side, however, it is clear that when Bitcoin reached $ 1 million for one dollar, its own capitalization was more than $ 21 trillion (in case all Bitcoin was created). So almost the common currency in the world will be Bitcoin always, and sure, anyone who holds Bitcoin or crypto (right now) will become a billionaire or at least be a millionaire. lol
It's hard to believe that this is going to happen, a lot of things could happen, but I think governments and banks will try everything to ban BTC before that price
It's not impossible, BTC have to grow step by step
It's not impossible, BTC have to grow step by step
What did Happen when it went from 1$ to 20,000$ ?
More people tried pooling in ,
Amazingly governments started giving it a wild eye ,
People tried getting their hands on Bitcoins howsoever possible,
Not only the good but the bad things also started happening with Bitcoins ,
It started getting used to hide away taxes is multiple accounts, do illegal activities and all , and after a while when price was normal people started backlashing it because of such fall.
I don't think people will take this in a good way , essentially people who are involved in it are the only ones getting benefited .
More people tried pooling in ,
Amazingly governments started giving it a wild eye ,
People tried getting their hands on Bitcoins howsoever possible,
Not only the good but the bad things also started happening with Bitcoins ,
It started getting used to hide away taxes is multiple accounts, do illegal activities and all , and after a while when price was normal people started backlashing it because of such fall.
I don't think people will take this in a good way , essentially people who are involved in it are the only ones getting benefited .
Of course it will silence the mouths of people who say that bitcoin is rubbish, and if it's true that happens then the government might make a new decision about bitcoin.
yes, I believe the drama of the exchange site hack will continue to happen, but for $ 1,000,000 I think it's too fast to grow in the near future, well if the government will interfere I think YES, at least bitcoin has been legalized in all countries
It would be a great record in the crypto industry to see bitcoin reach such heights. But if it hits such a price Ethereum could be work over $100k and many other major currencies would also rises. These are all speculation so please do your own research about the long term of bitcoin before you invest any tiny amount of money.
I believe that Ethereum could even rise to a higher price when Bitcoin reaches the million. I really like both and they seem for me like they will survive whatever storm comes into their way and stay around for a good while.
When it's about the others i do believe that practically all are a waste of time in the long term(If the ones i saw so far). Also, of course it's speculation but it is definitely one standing on a pretty solid ground and the one most likely to happen.
If bitcoin hits 100K USD, I think there will be a panic in nonbeliever that they did not buy on time. Hackers will be more interest in the bitcoin to hack more exchange, we may see more hacking news than now. Personally, I want to see BTC at 50K USD, not 100K! Because to mainatain, a safe and peaceful ecosystem, 100K USD price seems very high! Though BTC price can even go to the 500K USD in the future!
this is very simple question am sure majority will pass 
, in my own view, btc hit $1m, every crypto hodlers irrespective of what you hold will have a big smile 
on their faces, all the by standers all over the world will cry out loud 
for not believing and missing out, btc will gain the spotlight like never before seen, mainstream media will have a new headlines, many will want to join eventually, there will be a breath of fresh air 
. BUT there is the "IF"
, in my own view, btc hit $1m, every crypto hodlers irrespective of what you hold will have a big smile on their faces, all the by standers all over the world will cry out loud for not believing and missing out, btc will gain the spotlight like never before seen, mainstream media will have a new headlines, many will want to join eventually, there will be a breath of fresh air . BUT there is the "IF"
If btc hit $1m one day every holder will automatically rich and every satoshi will be worth holding as many still look down on satoshi now ,
The world will change for good as many that called it scam will start realizing how bad they have lost a big chance to turn their live around , why many rich men's make much allegation on btc and they keep buying it for future in case but the poor ones are following without knowing what the rich men's could do or have done .
The world will change for good as many that called it scam will start realizing how bad they have lost a big chance to turn their live around , why many rich men's make much allegation on btc and they keep buying it for future in case but the poor ones are following without knowing what the rich men's could do or have done .
I am not sure whether the governments will allow such a scenario. At $1 million per coin, Bitcoin alone will be having a market cap of around $18 trillion. Will the governments be comfortable with that much wealth locked up in a decentralized asset, over which they have no control? It is realistic to think that they will attempt to destroy BTC much before such a level could be attained.
Everything is possible, since big news will spread if the value will rise high to that level, and with your assumptions things is very possible as even the value is not more than $10k many issues with hacking and criminalizations are already there, needs to be very furios to protect yourself and your assets
so if ever this will happened along the way.
so if ever this will happened along the way.
I don't think hacking will increase solely due to the increase in price. Although a great incentive, $btc by design is tamper-proof. What you hear often is the social engineering to steal private keys or exchange related hacks that exploits other vulnerabilities.
It's hard to believe that this is going to happen.
A lot of surprising things might happen.
With the volatility of Bitcoin, I don't think this is impossible. There a lot of price changes that happened in the past and it really surprises a lot of people. While Bitcoin is volatile, nothing is really impossible.
It would be a great record in the crypto industry to see bitcoin reach such heights. But if it hits such a price Ethereum could be work over $100k and many other major currencies would also rises. These are all speculation so please do your own research about the long term of bitcoin before you invest any tiny amount of money.
If bitcoin hit a one million dollar i think most of members in here will be a millionaire for sure. Others top ten coins would be huge also. Lambo ia coming..
Nope.. this forum has millions of members and only a small fraction of them have BTC1 in their wallets. I guess most of the users who registered after 2014 may be having less than 1 BTC, unless they had purchased Bitcoins at that time for investment purposes. But as I can see, the vast majority of the users get their coins from bounty campaigns and signatures, and few have actually invested their fiat savings in to BTC.
If that happens then of course there will be a lot of new rich people around the world, and maybe news about hacking will emerge because bitcoin is a very valuable asset, many people want it in an evil way
If bitcoin hit a one million dollar i think most of members in here will be a millionaire for sure. Others top ten coins would be huge also. Lambo ia coming..
If this happens, all other crypto currencies will rise up too. The growth of the crypto currency will bloom once more like the last time it hit that height. Well, aside from those facts, this is also a good thing to happen if the BTC will rise up again in such limits because more people will come back and others will come and join us un here again.
Not all, Only the top currency will survive when BTC reach 1M USD, All those shit coins will be gone for good there's no way people will pay $100 per Linda coin so most projects will cease to exist since the market dominance of BTC will surely be at 80-90% level
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 question has a large pool of answers. Bitcoin hitting 5000$ was already a milestone that was so hard to achieve and everyone thought Bitcoin was a Bubble. I guess while Bitcoin increases its value, the number of Alternate Cryptocurrencies will also increase. Maybe there will come a time where governments will step in to regulate the value and set some limitations on how we can access Bitcoin. Violence may also increase due to the fact that people are greedy.
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