When Bitcoin reaches one million dollars...

Parodium

sr. member

Activity: 1036

Merit: 332

DMs have been disabled. I am busy.

Quote from: Sundark on December 26, 2017, 09:46:54 AM

I doubt that it will hit even $100K mark. Bitcoin price is supported only by demand. If people will stop buying it, the price will stop growing. I'm sure that it's already happening. Current price is too high to enter the club. That's why bitcoin is traded mostly among its owners.

Because bitcoin supply will always be low due to the 21m cap, so long as there are increasing users over time the price will inevitably go up.

JL421

hero member

Activity: 812

Merit: 510

Quote from: Crypto Piece on December 12, 2017, 06:59:27 AM

I will be extra happy Cheesy

What do you intend to do with your Bitcoin when it reached $1,000,000 mark?

I would've most probably cash it out and retire much more earlier than I thought. Bitcoin is currently the best side income I've ever had and I've loved it much more than any other investment that I've invested in. But most probably keeping in mind the fact that it's market share is quite less we can at least come to close to it.

Irvinn

full member

Activity: 966

Merit: 104

In the near future, bitcoin is unlikely to reach a price of $ 1,000,000. Some predict that this will happen by 2023-2025, but I do not think that it will happen so soon. The fact is that the rapid growth of bitcoin's value, especially if at the same time it periodically also sharply falls in price, as it happened this month, unbalances the economy of the country if it switched to the use of bitcoins. Therefore, if such cases continue in the future, states will have to defend themselves and introduce various restrictions to reduce its negative impact on their economies. This will greatly slow the growth of bitcoins.

dawoodkhan97

member

Activity: 210

Merit: 10

LibertyLance - Where Freelancing Meets Blockchain

I don't think it will ever reach a one million dollar
mark.

Let's be realistic here, in order to reach a million
dollar, bitcoin needs to have a $20 trillion M.cap!

superjeyy

full member

Activity: 182

Merit: 147

When Bitcoin reaches ONE MILLION DOLLARS (W.O.W), all of us would be instant millionaires for sure!!! I guess what I would do is have those Bitcoin converted to fiat if cryptocurrency has the same state in the future as it does today. After having a part of the Bitcoin in cash, I would start establishing my build and sell business together with my dad and brother. The others I would keep in Bitcoin, still in high hopes that it can reach greater heights; but $1,000,000!! That is just surreal!

Ayush rana

full member

Activity: 476

Merit: 103

1million dollar Shocked

if this happen then there will be a huge change in the market. Well reaching 1million mark is bit high but not possible, i think in 2022 bitcoin may cross 1 million dollar mark.

tanghere02

sr. member

Activity: 518

Merit: 250

If ever it ever reaches one million dollars, I would probably set aside money for future investments and the rest would be for my parents dreamhouse at the same time retirement home. Then I would give some for donation to those people in need and the rest would be for myself and probably go back to school and finish college.

Catch-22

member

Activity: 364

Merit: 16

https://crowdsale.network

It it happens. I will be delighted! But that maybe not in the near future. Right now, I am hoping for the $30k. That should be enough reason to sell some and hold some for long term investment.

rathaha10

full member

Activity: 616

Merit: 108

io.ezystayz.com

I think that most of the users will sell their coins immediately and i will do the same, because i am not planning to hold my coins forever. If Bitcoin reaches one million dollars i would sell it and enjoy my money from it. I actually don't think that Bitcoin will hit 1 million dollars, because that is too much, and it will also require a lot of time.

candra raditya

copper member

Activity: 455

Merit: 0

Quote from: Crypto Piece on December 12, 2017, 06:59:27 AM

I will be extra happy Cheesy

What do you intend to do with your Bitcoin when it reached $1,000,000 mark?

I will hold some in case, and some will be taken for family needs.

DySWv

member

Activity: 164

Merit: 10

If Bitcoin truly reaches one million dollars, I will convert it to fiat currency as soon as possible. I will make sure that I will never waste that wonderful opportunity. After converting it to fiat currency, I will use the half of it to start a big business. The other half will be given to my family as a gift for them.

Amelial

newbie

Activity: 160

Merit: 0

I will sell my btc so I can earn big money, and can travelling around the world

kerjakuat

full member

Activity: 346

Merit: 100

it will be crazy to think bitcoin will actually hit one million dollar per bitcoin.. i can say it will be truely something that i cannot to believe but it will not impossible to achieved.. it all a matter of time.

munify

jr. member

Activity: 386

Merit: 1

Quote from: Crypto Piece on December 12, 2017, 06:59:27 AM

I will be extra happy Cheesy

What do you intend to do with your Bitcoin when it reached $1,000,000 mark?

It would be a great day. I will sell it and buy a new car for my parents.

abanansah

member

Activity: 328

Merit: 10

www.daxico.com

I will still keep my bitcoins if it reaches the one million dollar mark. I guess it is going to be about next five to 10 years before such a price will be hit considering Bitcoins trading now at 15000 usd, If I have 0.001 BTC in my wallet, it will be huge money then.

dimastegar

sr. member

Activity: 798

Merit: 251

Small Trader

1 million dollars for 1 Bitcoin seems unlikely. 1 million dollars is too high for the price of 1 Bitcoin. And it is not impossible with the price, it could lead to war. Envy can arise and there will be many problems for individuals, countries, and even the world.

prehisto

full member

Activity: 882

Merit: 112

Your Data Belongs To You

Quote from: Crypto Piece on December 12, 2017, 06:59:27 AM

I will be extra happy Cheesy

What do you intend to do with your Bitcoin when it reached $1,000,000 mark?

To be honest I dont believe there will e such a moment when it will increase to 1 million mark.
Initially i did not believe it can go over 10 000$ so quickly but now I am thinking , It will go up to 50 000$ possibly in one years time!

shinjunobi09

member

Activity: 126

Merit: 14

Probably will hold and invest some of bitcoin for my personal life to see my earning come into reality. First I am gonna treat myself and my families to a special getaway like going into a vacation then after that back to reality put some of them to my savings account and probably focus on starting my own business because after all I am business administration graduate.

Sundark

hero member

Activity: 560

Merit: 502

I doubt that it will hit even $100K mark. Bitcoin price is supported only by demand. If people will stop buying it, the price will stop growing. I'm sure that it's already happening. Current price is too high to enter the club. That's why bitcoin is traded mostly among its owners.

ghost07

sr. member

Activity: 602

Merit: 255

Maybe next year will reach the price of million dollar each bitcoin i think because they getting lot of investors because they will notice the big introduction of bitcoin in stock markets and they will increase the demand of bitcoin soon because they already using bitcoin as a payment for all stablishment in some country.

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