what will happen if BTC hit 1.000.000$ - page 8.

Gi01

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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 ?

Violence and criminal activities have been in existence way back before the introduction of money and even before Satoshi thought of developing a peer to peer cash system known as blockchain and Bitcoin. The price of Bitcoin reaching $1 million will not be the cause of violence and criminalization.

shoreno

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Quote from: DatKing on May 18, 2019, 12:51:21 PM

If it reaches 1 million in the future, I think Bitcoin will be the most important currency compared to any other currencies.

Bitcoin is already the most important currency ( only on the world of crypto ) this is the reason why bitcoin price is rising because people loves to support it however there are still more important currency locally and online . this why bitcoin cant get all the support so i can say that its not possible for bitcoin to achieve the 1million dollar mark .

Mikwik

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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.

Vishnu.Reang

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Quote from: Dikarama7 on May 18, 2019, 01:27:57 PM

I think it's difficult if the price of bitcoin reaches 1 million because it's an unreasonable price and will never happen.

I agree. In case such a situation arises in real life, then Bitcoin will be having more market capitalization than gold, and close to 6% of the global wealth will be in the form of Bitcoin. People like the Winklewii will become multi-billionaires and Saotoshi's stash will be worth close to a trillion dollars. And the Mt Gox robbery will be worth $650 billion. Grin

Dikarama7

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Sovryn - Brings DeFi to Bitcoin

I think it's difficult if the price of bitcoin reaches 1 million because it's an unreasonable price and will never happen.

DatKing

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I can't imagine now that Bitcoin can reach 1 million dollars at least in the near future. If it reaches 1 million in the future, I think Bitcoin will be the most important currency compared to any other currencies.

alina345

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Hello =)

If the price of Bitcoin hits $1,000,000 then the total market cap of Bitcoin will be $21,000,000,000,000. Grin

aryadiningrat123

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If bitcoin reaches a price of $ 1 million in the future, maybe we will often hear news about bitcoin being hacked and the price of bitcoin will come back down, so if bitcoin reaches the price of $ 1 million, maybe all bitcoin users will hope that the price will continue to rise in know this

Reosta_

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If Bitcoin can reach the value of 1 million dollars, i think most of the countries will use Bitcoin as a currency. By that, currencies like dollar,euro etc. will lost their importance on a wide scale.

sumangs

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It would happen but sadly I think we don't live on that time anymore. But I hope criminal activities won't exist anymore even though I think more and more will do illegal activities via bitcoin.

naveenjunior

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It's hard to believe that this is going to happen.

lelylely

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If bitcoin reaches a price of $ 1,000,000, I will immediately sell, because prices that are too high will be very risky because bitcoin is fluctuating.

Netnox

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Quote from: pinoycash on May 18, 2019, 10:01:51 AM

With the current year to year growth of BTC we can fairly say that 1M USD/BTC can be achieve in the next 20 years or more, Its probably a different world by that time when everything is digital and paper money don't exist anymore.

In order to achieve that level in 2040 or later, we need to make sure that Bitcoin survives for that long. And I am not very sure about that. Many of the technological innovations have short life-span, and usually amounts to 10 years or less. But Bitcoin has survived against all odds since 2009, so I am quite optimistic about its chances.

aioc

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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 ?

I don't know if I am still alive to see that happen, but we are all going to be richer than average investors outside of cryptocurrency and government will have no choice but accept the fact that Bitcoin is here to stay, because 1 million for Bitcoin means big companies and big names are now on it.

pinoycash

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Quote from: Sithara007 on May 17, 2019, 12:10:51 AM

Quote from: ikicha on May 16, 2019, 12:54:24 AM

Wow, insane, i dont know what happen if btc hit $1M price. Maybe not at decade.
If we hit this price, BTC will have $17 Trilion Market Cap
Just know, APPL stocks hit $1 Trillion market cap at 2018. so we are 17x bigger than AAPL? i dont think so

In this world, nothing is impossible. You can check the old posts in this forum from 2011 and 2012. Whenever someone claimed that BTC would have a price of $1,000 per coin or more, the response was mostly negative. At that time, no one believed that it was possible.

Similarly, right now it is difficult to believe that BTC could hit six digits or seven digits. But after 10 or 15 years, we may be seriously debating about this possibility (in case the level is not achieved by then).

With the current year to year growth of BTC we can fairly say that 1M USD/BTC can be achieve in the next 20 years or more, Its probably a different world by that time when everything is digital and paper money don't exist anymore.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: ikicha on May 16, 2019, 12:54:24 AM

Wow, insane, i dont know what happen if btc hit $1M price. Maybe not at decade.
If we hit this price, BTC will have $17 Trilion Market Cap
Just know, APPL stocks hit $1 Trillion market cap at 2018. so we are 17x bigger than AAPL? i dont think so

In this world, nothing is impossible. You can check the old posts in this forum from 2011 and 2012. Whenever someone claimed that BTC would have a price of $1,000 per coin or more, the response was mostly negative. At that time, no one believed that it was possible.

Similarly, right now it is difficult to believe that BTC could hit six digits or seven digits. But after 10 or 15 years, we may be seriously debating about this possibility (in case the level is not achieved by then).

Easteregg69

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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 ?

You will start eating more fish and grow a brain.

A L I E N

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Quote from: onrise on May 14, 2019, 01:36:50 AM

Quote from: bitcoinsc on May 14, 2019, 01:32:22 AM

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 wish it would happen - in this case, all of the problems that I have will be solved. In reality, I think that Bitcoin has many chances to reach 15-20 thousand this year, too. It can happen close to winter.

antisocial77

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If bitcoin hits even 100k, i wouldnt care what happens because i will not be around here.maybe only for telling how i become a millionere.

Pasaway2701

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Quote from: mmo4me.2016 on May 16, 2019, 12:14:50 AM

$1.000.000 !!!
That was the unbelievable price at this time, $ 20,000 was also the ideal price! I hope it will reach nearly $ 20,000 in the near future!

That was incredible. Imagine how expensive the bitcoin may come if that happen. People might eager to have bitcoin even the way to get it may harm others. Many are going to celebrate when that happen specially those who wait for so long, but this is a dream for now.

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