What will you do if Bitcoin hits $1m in the future? - page 5.

tabas

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Quote from: akm3535 on May 08, 2021, 05:28:35 PM

I will be happy if I have bitcoin, otherwise I will of course be sorry. If bitcoin reaches $ 1 million, I am sure that people who have bitcoin will really be overwhelmed with joy. This year I started to see the 1 million dollar estimates very often. It became a topic that was spoken everywhere. this means that such a possibility exists. I have great confidence in bitcoin, and I believe it will be $ 1 million in the long run ..

That is for sure. Everyone who even just hold 1 bitcoin will be filled with great joy because that's a record that no one has ever thought that will be coming for bitcoin.
It is once a lifetime opportunity and it's very life changing for those who have held bitcoin for that long and endured all of those selling points and pressure that came to the market.

Miaallen

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Hitting $1M is a huge and a very mighty milestone. If Bitcoin reaches the value, the next thing I will do is to liquidate half of all my holdings into cash and leave the rest as inheritance for my son. The half sold is enough to take care of me for the rest of my life.

akm3535

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I will be happy if I have bitcoin, otherwise I will of course be sorry. If bitcoin reaches $ 1 million, I am sure that people who have bitcoin will really be overwhelmed with joy. This year I started to see the 1 million dollar estimates very often. It became a topic that was spoken everywhere. this means that such a possibility exists. I have great confidence in bitcoin, and I believe it will be $ 1 million in the long run ..

geegaw

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Quote from: Ludmilla_rose1995 on May 07, 2021, 02:47:02 PM

Quote from: Abiky on January 01, 2021, 02:17:17 PM

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.

I believe in the future, bitcoin can reach $ 1 million or more. If that happens, I will sell it partly because I can build my dream. and some I hold for the long term because I am still waiting for bitcoin to become legal to be used in any method.

I hope $ 1 million per bitcoin will be reached soon

What factors help you believe in a story with so many magical and mythological points, Bitcoin has unique features and made a strong impression on the market but overall, its value move has weakened, market support also has levels that will be limited, they cannot provide a permanent source of capital to advance bitcoin's power. Instead of building a dream based on this hopeless idea, I encourage us to choose the right price to liquidate, protecting assets is the better way.

gesdan

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i think it will be crazy bro, i think when t he price of bitcoin hits $1M, it will be the stable coin or we can call it stable currencies. what happen about stable currencies? it can use for transaction in real life, it will be the international currencies and we can use it anywhere, anytime and for sure its very safe

MIner1448

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If he distills the mark of $ 1 million, then in fact nothing can be done with him, I will definitely regret that I did not buy at least 500 satoshi, if there is such a price tag, then these satoshi will turn into a new model of a TESLA car or a yacht off the coast of the Caribbean.

Daniel91

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I think each of us should have our own exit strategy in crypto.
Personally, I plan to withdraw a significant amount of crypto funds into fiat when the btc reaches the 400k $.
I will leave the rest of the crypto funds in my wallet and keep them for new, promising crypto projects or I will withdraw them when the btc reaches 1m.
With the first withdrawal of money at 400k I will achieve financial freedom and everything further after that will be like a game for me, without stress and pressure.

Bilgent

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If Bitcoin price hits $1m, I will get rich first of all. Grin

But I guess I won't sell all of my Bitcoins in such situation. I would keep some of them for HODLing purposes. Because we never know what level Bitcoin will reach the most.

fileo

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Today, I am thinking about the dramatic condition of India concerning the pandemic. Maybe I will withdraw half or 1 btc to help the victims. Even though we are not related to each other, we are the same person, human with love ones. Everybody is important. We need to care each other for the sake of humanity.

raidarksword

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We all believe here that bitcoin will reach more height in this industry and it's a good thing to happen for it's the future of payment system wherein it will create more adoption and demand in the market. Early adopters like us will surely be the first beneficiary all of these in the near future of cryptocurrency.

dongyi17

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If I have bitcoin and the cost $1M dollars, I will see to it that I make the most out of it by first, half of them i will hodl it then half of them I will cash out and save to bank. Then I give some of my community who are affected in this pandemic, maybe food like community pantry. No one can predict it if Bitcoin reach $1m, because this is crypto nothing is impossible in this world if this is meant to happened it will happen.

Norkys.2020

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Quote from: Abiky on January 01, 2021, 02:17:17 PM

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.

If bitcoin reaches a historical maximum it is good for people who at some point bought bitcoin and left it as an investment, in my case I would like to have the opportunity to buy bitcoin and leave that investment for a few years without touching it, I believe that there I will be a billionaire .

jerrison

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I am trying to bag as much bitcoin as i can right now so that when bitcoin hits one milliion dollars, I will not regret taking part in the cruise of those who bought in when it was affordable. One million dollars for one bitcoin means an investment gone right and also in the right space.

Quote from: Abiky on January 01, 2021, 02:17:17 PM

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.

Ludmilla_rose1995

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Quote from: Abiky on January 01, 2021, 02:17:17 PM

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.

I believe in the future, bitcoin can reach $ 1 million or more. If that happens, I will sell it partly because I can build my dream. and some I hold for the long term because I am still waiting for bitcoin to become legal to be used in any method.

I hope $ 1 million per bitcoin will be reached soon

BitcoinPanther

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Quote from: blockman on May 07, 2021, 02:11:35 PM

Quote from: Woodie on May 07, 2021, 12:21:57 PM

As long as transaction fees don't hurt our pockets I will keep using bitcoin even when it hits a million dollars.

But should fees be crazy high, I might just be forced to stick to altcoins which I expect to also ride bitcoins wave to see some price gains.

By that time, the fees won't change if the denomination is in satoshis per byte but if you'll estimate it in dollars, probably it's really going to be high.
But that won't really matter even if the fees would pop by that time as long as the price would be a million-dollar per bitcoin. Tongue

I'd be willing to pay for the highest priority for each transaction if that hits that dream of everyone as an ATH.

I suppose the problem with high fee would be solved by then. I don't think Bitcoin development will be stuck, since Bitcoin have to compete against other cryptocurrency in order to retain its place, developer will surely address all the problem on its transaction especially when the price of Bitcoin hits $1m.

blockman

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Quote from: Woodie on May 07, 2021, 12:21:57 PM

As long as transaction fees don't hurt our pockets I will keep using bitcoin even when it hits a million dollars.

But should fees be crazy high, I might just be forced to stick to altcoins which I expect to also ride bitcoins wave to see some price gains.

By that time, the fees won't change if the denomination is in satoshis per byte but if you'll estimate it in dollars, probably it's really going to be high.
But that won't really matter even if the fees would pop by that time as long as the price would be a million-dollar per bitcoin. Tongue

I'd be willing to pay for the highest priority for each transaction if that hits that dream of everyone as an ATH.

willoweb

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The first is that we will all spend a lot of time on a transaction and a fortune on paying fees. In general, it is difficult to imagine such a thing today. But if you let go of your mind and dream, then perhaps this can be imagined. I would not keep it and would try to get rid of the cryptocurrency with such a price and buy many different less expensive coins with the proceeds. In my opinion, this is reasonable, besides, by this time there will be even more alternatives than now.

Alert31

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If ever bitcoin will hits $1M in the future, I think nothing will be change. Only holders will become millionaires or billionaires and as long as they use their money wisely ,they will be able to live with financial freedom for their entire life. Also, even bitcoin could reach that high, we can continue to use it and invest into it and I will continue to patronized it as long as the transaction fee is not too high.

maartenhaha

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Quote from: MCobian on January 28, 2021, 07:30:13 PM

Since I am not a greedy person, I will sell all my Bitcoin if it is true that Bitcoin reaches the price of $ 1M in the future. And I will use the money
wisely from selling the Bitcoin. I will definitely use 50% to open a business in the real world, then 20% I will buy some items that I have wanted
for a long time. I will save the remaining 30% and use it to buy Bitcoin again if the Bitcoin price is corrected.

The decision is very wise not to fully use the proceeds from bitcoin for business capital and others. Personally, 50% will be hold in crypto assets and the other half will be used for daily needs and savings in banks.

Woodie

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As long as transaction fees don't hurt our pockets I will keep using bitcoin even when it hits a million dollars.

But should fees be crazy high, I might just be forced to stick to altcoins which I expect to also ride bitcoins wave to see some price gains.

Quote from: fladnaG on May 07, 2021, 06:16:54 AM

Most likely, when many people become millionaires at once, there will be a financial crisis.

If we have 21 million bitcoins in total minus a few lost or locked up in some wallet, and possibly 50% of its users hold more than 1 bitcoin for arguments sake we should be looking at less than 6 million users to become millionares.

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