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Topic: what will happen if BTC hit 1.000.000$ - page 9. (Read 14182 times)

sr. member
Activity: 1106
Merit: 310
that will be the time when people will use this coin widely all over the world
and might start to abolish the current currency we are using and use coins like this
as we see in the movies we are gonna be using like chips and inside it might be the coins
and is directly deduct money in our pockets sounds like a good idea though this might be in the near future
hero member
Activity: 3052
Merit: 685
The amount of BTC will trigger more hackers to focus on exchanges, but as the time passes, the crypto space will mature and this will result o less exchanges getting hack. We cannot discount the possibility of hacking as there are genius in the internet that loves to use their talents to illegal activities, but at least it will be minimize, that's my opinion.
hero member
Activity: 1358
Merit: 851
Of course, hackers will be lurking around, if btc reach $1 million, I bet fiat currency will be of no value but paper, the same of Venezuelan currency.
sr. member
Activity: 1316
Merit: 257
if BTC hit $1.000.000 having 10 BTC is enough to run Project without having go through fundraising,
there will be many project projects developed by BTC holders, with the funds they have they are able to fund various ICO and become CEO.
and more and more people are investing in BTC because of success in market sales.
sr. member
Activity: 445
Merit: 250
Hacker attacks will always be.  Especially when bitcoin is very expensive.  I think that another attack is already being prepared.  Everyone wants to take over Bitcoin.  And we can’t save ourselves from this.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
If that really happend i think those who hold bitcoin can recognized as millionaire because their crypto asset will became so valuable and regarding hacks news i think no need to wait bitcoin price hit that price because i'm sure hacks will always be aiming people who have bitcoin although bitcoin price not high
legendary
Activity: 2576
Merit: 1043
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There are many effects if Bitcoin will reach 1 million per BTC but for me, when the price reaches $1,000,000 for sure the transaction fees will be higher Cheesy.

We are seeing it right now. When the price of Bitcoin reaches $8000, the transaction fees is at around 2-3 dollars which is very huge especially for those who wants to transfer small amount of Bitcoin. Lightning Network has been the solution for these high fees but until not, it hasn't been used by many people.
full member
Activity: 658
Merit: 100
The legal status of countries will be more questionable, the security solution for storing this currency will be boosted, and there will be many large orders appear, the volume of transactions will increase many times .. .
newbie
Activity: 99
Merit: 0
It looks good in the imagination but to manage it, in reality, is quite difficult as it will increase the possibility of risk, and happens only in case of imbalance liquidity flow. With the rising price of Bitcoin government has to be more decisive and regulates the crypto flow to maintain the balance in the market.
member
Activity: 80
Merit: 10
The bitcoin is back when it hits 1M$ because it falls from a few years and months ago but here it is still rising and rising the price, wait for the right time to sell again your bitcoins.
full member
Activity: 788
Merit: 100
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
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
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 ?


well for me i think its not really impossible for bitcoin
but before it happen it need to go mainstream and needed to be accepted everywhere
member
Activity: 882
Merit: 13
If btc would hit $1m each then lots of people are gonna be rich and it would trigger more hackers because the price is very lucrative and appealing. Well i don't think it will reach $1m maybe at least $50k -$100k a each, if ever bitcoin reached $1m the government will surely get in and increase people's tax in each country.
sr. member
Activity: 812
Merit: 256
$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!
full member
Activity: 1316
Merit: 108
Bitcoin priced at a million dollars will never be for many reasons. Therefore, this is all not real. People themselves will not give him the opportunity to rise, the law of the market will work in this case. Can you imagine what bitcoin volatility will be if it reaches the price of even $ 200,000? That is why he will not rise even to this price.
full member
Activity: 1177
Merit: 102
First of all, it does not seem possible to me that bitcoin can go up to 1 million. But if this is possible, then the governments of each country will be more vigorous in enforcing the la.
However, the income tax of many countries will increase but all of them will be a little more intimidated.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
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 ?



Yeah, we will see it if imaginary bitcoin will be come at $1000000, then it will be difficult to save bitcoin in our wallets. I think we should do something more strong to save bitcoin. Now bitcoin has no highest price but still we see hacking cases, so instantly bitcoin reached as you mention this price then we couldn't imagine how difficult it will be.
newbie
Activity: 30
Merit: 0
I think the whole world would be crazy about cryptocurrency, with that huge value of bitcoin, i think the countries that banned bitcoin in their place would be entering crypto and legalize the usage of bitcoin in their place. Many would trade and enter the crypto business because of $1M.
member
Activity: 588
Merit: 10
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 ?



..these scenario could possibly happen if and only if Bitcoin will reach $1million..a lot of Bitcoin enthusiast will become rich and wealthier as what they have now..and many would  patronize and accepts Bitcoin in their daily lives..I think Bitcoin will become the first ever number one digital crypto currency in the universe..
hero member
Activity: 1316
Merit: 514
There will certainly be more hacks as if technology advances, more hackers attempts will as well follow the same pace.
Violence and Criminalization is a thing in a real world which expands due to the lack of getting something back in an easy way so yeah probabily will follow its way.
Government will certain be putting their hands even more since profits will be way higher for each individual...

Its true more hacks and more theft will occur, But seeing the bright side of BTC reaching 1M USD, we are probably living in the new era or new world order if that happens. An era where the power has been returned to common people like us! no more banking, Everyone will be their own bank running their own bitcoin node.
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