Topic: What will you do if Bitcoin hits $1m in the future? (Read 3526 times)
If Bitcoin price really hits $1m some day in the future, I'd have a really great deal of money for sure. I don't know if I donate some of it to charities to be honest. That's a decision that I can make when this happens. But I would buy a nice house and car for me first. Then, I would continue to live happily.
Maybe if the price touches $1m in the future, I'll think of missing the opportunity to invest/buy when the price was in thousands. Though $1m seems high to be reached I've got some place thinking of $1m in the future based on the growth it has attained over the years.
Few years back the price speculation was to reach $5000, and the same has now moved to $100k. In future the same can change.
Few years back the price speculation was to reach $5000, and the same has now moved to $100k. In future the same can change.
It has been more long years before that happen to reach $1m or price, But if the price of bitcoin reach on that price maybe for now I will buy more bitcoin and holding for that coming big price. But the question is when and no one knows if when that happen and the only thing we can do is to read some news from bitcoin and predicting on when will be. As of now bitcoin will in $63k of price so it has been long way to go before that come up to $1m.
i would even be selling my coins before it could even touch $100K. yes it would take a long time really before we could get there.
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i'd like to buy a piece of land to farm. i have started think of going to a semi colder place worth planting veges where it could easily grow and i have been to this place actually. i love the culture and people there drink brandy and rhum early in the afternoon because it's a colder place. i like the habit, its a plan.
Yeah, no. Reality check. This thread has turned into an echo chamber full of delusional cheerleaders. It will never even get close to that amount. Now watch it go down below 10K in the next 12 months.
I couldn't help but laugh at your post, I know you're somehow right but you don't have to be hard on people either and another thing you're also being deluded if you think the bitcoin price will drop to $10,000 again, that It is impossible, now look at the price, it has already recovered to 32000$ and has not dropped below $28000. don't be fooled by this $10,000 prediction
So many kids here asking childish questions, kind of like asking what you would do if you won the lottery or found a bag of money buried in the woods.
let people dream
Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.
What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.
What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.
It depends tho. If at the time when btc reaches 1m usd I am still having some, I am for sure will sell them all for cash. And then I might start other business irl. But if that time comes and I have nothing on my wallet, lol, for sure I will curse myself.
If the price of bitcoin reaches 1 million dollars in the future there will be many new rich people because the number of bitcoin holdings is quite a lot, and there are also those who feel sorry for not having bitcoin because they don't believe it and they really regret it.
and the question is when the bitcoin price will reach that much, and to reach 100K alone we don't know when it will happen.
looks like it will take a very long time because to reach 60K more, bitcoin takes 10 years.
and the question is when the bitcoin price will reach that much, and to reach 100K alone we don't know when it will happen.
looks like it will take a very long time because to reach 60K more, bitcoin takes 10 years.
I don't invest too much in bitcoin, so if bitcoin reaches $1m in the future it won't have a big impact on me. Maybe i will be more wealth with that money but i still need to work because i cannot retired with that money. By the way, i will sell my investment partially and i'm not confident if i still hold my BTC when it reached $1m. My goal for btc is reach $300k, i hope it will happen in the next bull run.
Yup. What a person does when bitcoin reaches $1 million depends on how long that person has been invested in bitcoin by then, and how much they have been able to stack by that time.
If you are just entering the space at those prices, you likely wouldn't do anything differently than now if entering for the first time at these prices.
Agreed, and it's not too late to get involved. Though the price is currently higher than the previous year, you will be sorry if you do not act now. Though I do not currently hold any bitcoin, I do have altcoins that I am holding and that can be converted to bitcoin. If I have enough money, I intend to store and hold a bitcoin. Well, if that reaches $1 million, we will be extremely fortunate, and those who do not own a bitcoin will be somewhat remorseful for not investing sooner hehe.
I don't invest too much in bitcoin, so if bitcoin reaches $1m in the future it won't have a big impact on me. Maybe i will be more wealth with that money but i still need to work because i cannot retired with that money. By the way, i will sell my investment partially and i'm not confident if i still hold my BTC when it reached $1m. My goal for btc is reach $300k, i hope it will happen in the next bull run.
Yup. What a person does when bitcoin reaches $1 million depends on how long that person has been invested in bitcoin by then, and how much they have been able to stack by that time.
If you are just entering the space at those prices, you likely wouldn't do anything differently than now if entering for the first time at these prices.
I don't invest too much in bitcoin, so if bitcoin reaches $1m in the future it won't have a big impact on me. Maybe i will be more wealth with that money but i still need to work because i cannot retired with that money.
By the way, i will sell my investment partially and i'm not confident if i still hold my BTC when it reached $1m. My goal for btc is reach $300k, i hope it will happen in the next bull run.
By the way, i will sell my investment partially and i'm not confident if i still hold my BTC when it reached $1m. My goal for btc is reach $300k, i hope it will happen in the next bull run.
Yeah, no. Reality check. This thread has turned into an echo chamber full of delusional cheerleaders. It will never even get close to that amount. Now watch it go down below 10K in the next 12 months.
So many kids here asking childish questions, kind of like asking what you would do if you won the lottery or found a bag of money buried in the woods.
So many kids here asking childish questions, kind of like asking what you would do if you won the lottery or found a bag of money buried in the woods.
It may not be possible to reach such a high price, but who will be accurate in the future. If it reaches 1 million, the holders may still be those people, because there will still be people who will sell when it rises and consider buying when it falls. But there may be people who have always held it, and they will definitely be happy, wealth free, and what they want to do.
I think it will take a long time, but no matter how long it takes, long-term bitcoin holding must be a very good investment. If it really reaches 1 million US dollars, I will choose a part of it to donate to charity.
I will accumulate more now, but I am worried that during this period, if certain events fluctuate, I will panic. I am worried about whether I can persist. I certainly hope that the price of Bitcoin will rise in the market. I may sell 30% in exchange for cash when I reach 100w US dollars to satisfy some of my small wishes.
maybe it's a good time to talk about this when its price has been in the dip for a relatively long time, confidence might be picked up because of this topic. I remember I read a passage saying that Morgan Creek Digital Assets believed Bitcoin was likely to hit $500,000 dollars by 2030, even $1m. but I can find that passage now otherwise I'll put it in my reply.
human imagination is powerful in that when price goes up, they predicate Bitcoin hits 1m; when goes down, they predicate Bitcoin hits 10,000. funny thing
For believers, it's possible for them to have Bitcoin of $1m, then they might still not sell their Bitcoin, they are holders. probably they appreciate what Bitcoin brought to them and do some charity.
For speculators, even if their Bitcoin hit $1m, I'm sure they get it maybe at $0.99m, they earn little so the chance of charity is slim.
I'm a believer, I stick to my Bitcoin. If Bitcoin can truly hit $1m, I'll take part of my profit for charity.
I promise from today
human imagination is powerful in that when price goes up, they predicate Bitcoin hits 1m; when goes down, they predicate Bitcoin hits 10,000. funny thing
For believers, it's possible for them to have Bitcoin of $1m, then they might still not sell their Bitcoin, they are holders. probably they appreciate what Bitcoin brought to them and do some charity.
For speculators, even if their Bitcoin hit $1m, I'm sure they get it maybe at $0.99m, they earn little so the chance of charity is slim.
I'm a believer, I stick to my Bitcoin. If Bitcoin can truly hit $1m, I'll take part of my profit for charity.
I promise from today 
I don't think i still hold my bitcoin when btc hit $1m in the future. But, if it really happens then I will be one of the many people who are happy about it. With my investment I can make my familly happy because right now my dad is very old and she still working every day since morning into night. So when btc hit $1m, i can tell my dad to stop working and she can enjoy his old age in peace.
The date of this post is January 1, without a doubt that there was inspiration in you to ask that question (topic), the first days of the year are undoubtedly to forge such strong ideas and thoughts with that level of expectation.
In fact, it was quite close to 10% of that amount with the last ATH ...
However, I did not do anything when I reached the AtH this year, because regardless of its price this year it is not in my expectations to do anything ... and I think that is primarily about that if you are "aware" of your priorities with bitcoin, even if it reaches the amount you mention, although for those of us who live in satoshi a bitcoin value of such magnitude requires immediate decisions.
-/Today perhaps more than at any other time it is pleasant to respond to the OP, because there is no present in the price of bitcoin that can prevent making its prediction in this Topic./-
In fact, it was quite close to 10% of that amount with the last ATH ...
However, I did not do anything when I reached the AtH this year, because regardless of its price this year it is not in my expectations to do anything ... and I think that is primarily about that if you are "aware" of your priorities with bitcoin, even if it reaches the amount you mention, although for those of us who live in satoshi a bitcoin value of such magnitude requires immediate decisions.
-/Today perhaps more than at any other time it is pleasant to respond to the OP, because there is no present in the price of bitcoin that can prevent making its prediction in this Topic./-
$1 million is not a small money to be compared with having a pair of Bitcoin but, if this finally happens it means a lot of things will go wrong at the same time Million would be made making Bitcoin the most valuable asset in the world. I just can't imagine where I will be if this really happens the way you've written it. But to be frank, their is still much battles to fight ahead from the government of different countries fighting against the growth of Bitcoin using harsh policies to tackle investors prohibiting them and making it hard to transact business with the use of Bitcoin.
Countries like China and the United Kingdom had put a ban on Bitcoin operation and if this continues, it will have a significant effect on the price of every cryptocurrency. Minority countries that had adopted Bitcoin as a legal tender can not really revert the effects that is jeopardizing the price of Bitcoin. How long should we continue being optimistic about Bitcoin reaching $100k before even speculating about it reach $1 million. To me this is ironically out of my imagination cause Bitcoin is still falling and we don't know it next direction.
I hope soon a piar of bitcoin will be sold for the speculated amount, maybe 2050....
Countries like China and the United Kingdom had put a ban on Bitcoin operation and if this continues, it will have a significant effect on the price of every cryptocurrency. Minority countries that had adopted Bitcoin as a legal tender can not really revert the effects that is jeopardizing the price of Bitcoin. How long should we continue being optimistic about Bitcoin reaching $100k before even speculating about it reach $1 million. To me this is ironically out of my imagination cause Bitcoin is still falling and we don't know it next direction.
I hope soon a piar of bitcoin will be sold for the speculated amount, maybe 2050....
1 million of dollars looks like a lot of money right now, but it looked even more valuable 100 years ago, so we need to wait and see how worthful dollar is going to be when bitcoin hits 1,000,000$. Maybe by there inflation will be much more corrosive and what you buy right now with 1$, you will need 5$, for an example, when that time comes. Furthermore we may be talking about decades yet.
Anyway, it's undeniable it would be the dream reward of any crypto investor to see bitcoin hitting such price. A life change opportunity disponible for very few. With that money it would be possible to travel the whole world, buy a decent property, live with confort and have access to the newest and most expensive technological gadgets disponible in the market.
Anyway, it's undeniable it would be the dream reward of any crypto investor to see bitcoin hitting such price. A life change opportunity disponible for very few. With that money it would be possible to travel the whole world, buy a decent property, live with confort and have access to the newest and most expensive technological gadgets disponible in the market.
There is a possibility for $100k in near future. As said, once in 4 years, its trending up and reaching a new height. Just see, this thread was started in Jan and recently an all time trend was set this year after Elan's tweet. Like wise, still many huge business men would pitch in accepting BTC as payment to their products.
If I ever gain huge profits when bitcoin reaches $1m and if i am live, then yes i would certainly help needy.
If I ever gain huge profits when bitcoin reaches $1m and if i am live, then yes i would certainly help needy.
it's still a long way from bitcoin to $1M but if that's true then what I would do would be to sell all the Bitcoins I have and go on vacation with my family. Bitcoin is sure to go to that price but don't know when.
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