Bitcoin Forum

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?

If that happend, i am going to adquire the title of millionaire  ::) jokes aside.

I would finish paying for my house

That would make me very happy  ;D

First of all, I don't have enough bitcoins but if the price crosses $1 million per BTC then my BTC can make me around 350k dollars, which is a huge amount of money, that I can use to start many types of businesses at the local level, or I might start the business of flipping website, where we need huge investment or I might start a business of clothes at a bigger level. I can do whatever I want to, but of course, I am not a money waster, well at least that's what I try to do.

I will use the funds to invest further, maybe in new stocks, maybe in FBA or FBM (AMAZON), or maybe use those funds for trading purposes.

That amount can make me rich, but I should be wise enough to use these funds in a manner that would really have a good impact on my life, otherwise, many people have achieved nothing even with that amount of money.

It will not affect my life to much extent but it will definitely make me happy and financially stable without any question. The current value of Bitcoin is over $30k and it will take enough time for Bitcoin to reach $1 million price tag. I'm surely a supporter of Bitcoin and most of us at this forum are somehow related to Bitcoin and want Bitcoin to get higher in value if they have enough holdings.

Many people will be financially stable if Bitcoin reaches $1 million in value as they all are hoping to have better returns from their investment and they all want to be financially stable in their lives. I'll personally purchase many good things for myself and I will most probably purchase a house for my family if Bitcoin reaches $1 million in value.

By the time 1BTC sells for $1 mln., inflation will accelerate so much that $1 mln. can only buy a cup of coffee. :) That is, of course, the effect on life will be noticeable, but I don’t think that it will be so significant for you.:)

But if you think about it seriously, with the price of a bitcoin at $1 mln., the significance of $1 mln. is much lower than it is now. If you look at films from 20-30 years ago, everyone in them hunted for $1 mln.. It was that elusive MacGuffin, the main goal for the characters in the films. Nowadays, no one will be surprised by $1 mln. At least in the movies.

I want to say that you overestimate the possibility of the influence of a bitcoin at a price of $1 mln. on your life, and also, this moment will not come soon.

You assess the influence of the bitcoin on life from the position of a speculative moment, while the significance of the bitcoin as electronic digital money, decentralized and possessing unique technical capabilities is incomparably more important and impressive. For this parameter, the current or future price rate has absolutely no meaning. But the impact on life is simply unimaginable.

Time would have passed, many would have died and kids would would have grown into old men and women, even with ETFs and stuff Bitcoin can never reach 1 million dollars at this time, sorry OP let me peacefully enjoy this present time, chasing this price target is beyond my time, I believe that in the next years to come Bitcoin can't be this valuable.

Let's pretend that it's possible, will you still hold your Bitcoin seeing the price pumping that much? Assuming you invested only $4000 in Bitcoin and your money turned to $80,000, you will never believe that it's going to 1 million unless you are stupid.

Last bull market many people are chasing $150,000 per Bitcoin, it never happened and they ride the bear market again, trapped and angry, when your ROI is too good you won't care about the Top-Top, you are here to make good gains, not to be a greedy fellow.

You may be thinking too far. I am not convinced that Bitcoin will get to $1M during my lifetime, I expect that at some point it will stop having both crypto winters and huge bull runs, getting to a slow rise, kind of like gold usual trend.
As somebody earning (and spending) bitcoin for quite some time, Bitcoin has already made my life easier. Of course, the higher the price, the better.
But I would love see its acceptance in shops start rising faster than its price.

it would make me richer in FIAT terms, but I will be in the exact same position BTC-wise.

1 Bitcoin = 1 Bitcoin

I share the same sentiment. With how high the percentage of the circulating supply is already, the halving will start having less and less effect on the market and the price will peak around a certain range and adjust downwards to accommodate the lose of price speculators. At this time I expect the use case to have significantly changed and for us to have a much higher level of adoption.

Of course, BTC1 will always be BTC1 its just the FIAT value which moves but with a
value so high on Bitcoin it means that many people will be able to pay off some debt
and still have a high percentage of Bitcoin left.

There are also those who will go "Lambo" and spend their Bitcoin on stuff which will
depreciate in value which is not a good move for me.

I will pay off some debt, maybe buy something which will make money in time but
most importantly I will always have Bitcoin.

I would become a millionaire! What else?

Will live a debt free life as I will be able to pay off all my debts. Will infuse capital into my business and create a safe deposit which will give me a passive income every month.

In a nutshell, my life will be sorted because I do not act impulsive to buy costly things just to show off.

Obviously, luxurious life would come to every investors of Bitcoin; just check how huge the leap would be in its market value which sinply ressembles the profit to be earned if ever its market value would be as high as stated in this topic. Some might diversify their funds to other assets which I think I would do as well just to secure the ‘life’ I would be getting. If ever the market value of Bitcoin will be this much, it does not guarantee  consistency and with that, the price could fall in an instant so the best way I guess is to secure the profit and wait for its bottom to again re-invest. Properties would be prioritized on my end ‘coz it has a higher tendency for a continuous price increase as years would go by. But to those who will jist hold, when would you guys be selling your investments?

I will be rich if I still HODL until the price of $1M and that's a real millionaire. LOL

Lifestyle will obviously be different from now, we never thought about this because it's too far away how many decades will we know the price of bitcoin is millions of dollars? It has to go through several halving cycles.

Until I am alive I will continue to try to keep bitcoin as a financial solution.

It will change that I don't have to wake up early anymore and be part of the rat race, and other's lives will be like that as well.
While I guess that others will just do their planned vacation from different countries and places.
I'll just take a rest on my house, sitting on my relaxing chair and sofa and will have a daily sip of coffee to taste that feeling of being relaxed, thanks to $1M per Bitcoin. And I hope it happens asap.

Love it!

Most of us forum members would be rich as many people here own 1 or more bitcoin, but that doesn't change much if you're not willing to sell.
I had a bitcoin worth 3000 dollars once and then the same bitcoin was worth 20 thousand and then 60 and then 20 again... It did not change my life because I had no reason to sell it.

Many people are rich on paper. Someone called this being potentially reach meaning that we have the ability to show off with our wealth but we don't.

A very reasonable and realistic reply. Even seeing Bitcoin at $500k is close to impossible in our lifetime. As soon as the volatility associated with it is managed, anything above a certain price will upset the balance.


About this, we still have a long way to go. But I believe that as Bitcoin awareness increases, so will it's acceptance.

I used to get 0.005 BTC from a faucet, but for some reason today's faucets today only give a few sats. Maybe that's because 0.005 BTC is not 0.005 BTC?

Or with that logic, $1 USD = $1 USD and the inflation doesn't really matter.

It's foolish to deny that Bitcoin changes its value with time.

To begin with, it means I'll have a million dollars of fiats to spend but that's not what we want for Bitcoin, the  profits are great but what about the adoption. If I can't use my Bitcoin as I use fiats then there's no excitement in Bitcoin reaching $1 million as I'll still have to sell my Bitcoin for fiats whenever I need to buy something or pay for a service that I use.The goal should be 1 Bitcoin been recognized as 1 Bitcoin and not 1 Bitcoin getting to a specific price in dollars. I'll give up one Bitcoin getting to $1 million for Bitcoin been recognized globally as a currency and not what's happening with the attention been shifted from a currency to a speculative asset.

After Bitcoin gets to $1 million and you sell your Bitcoin for fiats, what's next as you don't have any Bitcoin left but if Bitcoin gets the recognition it deserves, you won't have to sell your Bitcoin or be scared of a decline in price as then the fiat value won't matter anymore. Things will be calculated in Satoshi when spending Bitcoin and not fiat values.

To be honest, I don't think I'll be able to hold Bitcoin until it reaches $1 million. I can't imagine how it will affect my life. Because I always want to take advantage of the volatility. So when I see a big pump, I want to sell my holdings and buyback again. So I am not sure if I can buy it back successfully after selling it. I assume most holders will sell their holdings before reaching $1 million, and new buyers will enter the market. They might hold on until then.

Same.

I might sell before it finally reaches there but I'll try my best to at least still hold some until it reaches there. It's like a life goal that will come once in a lifetime but learning the market's volatility that it will take time before another ATH gets in will make me decide what I should do before it finally reaches there.

Going straight to the point about it when I still have at least 1 BTC by that point. First thing, early retirement. No more 8s to 5s or 9s to 6s.

And that's gonna be the biggest impact to my life if ever I'm still here and Bitcoin reaches $1M.

There is no doubt that if the price of Bitcoin become 1m, it will change my life from being average to above average not rich though because I just had a small amount of BTC in my stash.

 I would love to see this kind of speculation to happen, Bitcoin pricing at $1m each.  It would surely shock the world and probably make Bitcoin as one of the most expensive asset in the world.


Who knows, only time can tell, I believe you as Bitcoin believer will always stash some Bitcoin in your wallet.  Whether you do day trade or long hodl, I think you always keep some percentage of your trading portfolio in your stash.  ;D

OP, let's leave 1 million per bitcoin; these are later things. Think about right now. A bull run is going to take place. Halving is also near. Members should wake up and think about their investment. Think about it right now. Bitcoin has taken a good pump right now, and the sentiments are looking like a bull run, so book the profit right now. Leave the dream of 1 million, keep an eye on the next movement of Bitcoin, and make your investment for the bull run. For 1 million per bitcoin, we will be bullies, but the bear will not let it hit, nor is it possible.

So stop seeing heaven in your dreams and fasten your seat belt to prepare well for the bull run. There is success in it, and you can become rich thanks to it. Wake up to reality. OP also left on a journey of empty dreams.


Come, guys, come on! 

Wake Up!

IMO, there's nothing special about the price when it is increasing to 1 million which is impossible to happen.
It might be when the Bitcoin price increases by $400k people already selling it and they don't hold much for that amount.

Most commonly, people will sell their Bitcoin just to buy expensive assets, like their dream car or build an elegant house or let's say, luxury stuff.
So no one will hold their Bitcoin for a long period of time and reach that 1 million amount per Bitcoin, it's usually they will sell it when there's a small profit.

I'd be sad, because I'd have plenty BTC right now had I taken certain right decisions. Everytime I'd see price of Bitcoin as much, my brain would flash about those decisions.

Even at BTC being $60k I felt regrets.

Right now I do it too, but higher the price, more the regret, you get the point.

These types of threads reminds me of late 2021 when everybody was expecting bitcoin to hit $100K before year end and $1M sometime in 2022. And look what happened how it topped out in 2021.

Sure the etf is great but it won’t cause bitcoin to go up that fast. Last month the ETH etf was launched and it had maybe $1M of trading volume. If there is adoption it will be at a slow pace, it won’t happen overnight and cause price to surge that much.

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Not much, cos I don't have much coins for now, but I'm on a monthly plan of accumulating bitcoin. So from a sentimental point of view, let it wait until like 3 years time before considering that hike in price, so I'll have saved up a good amount to become a happy beneficiary of such blessing.  So help me God. 8)

It will depends on when this happens....

If it happens now.. in this year, many people...including myself will be VERY rich and we will be set for life. I will be able to go on early Pension and enjoy the rest of my life.

If this happens 20 or 50 years from now.... inflation would have killed the value of the Dollar so much that $1 000 000 would be worth almost nothing.

So, I hope Bitcoin reach the Moon ...soon.  8) 8)

I may not holding a  whole Bitcoin as of now( and still struggling to gain 1) but in my own country I will be a Millionaire for the amount of coins I am holding , actually because of the growth of bitcoin all my altcoins will also have increase and that will surely give me a million value in our currency.
happy to see this coming any time now or at least in the next 5 years more , that would be 2 halving from this one in April 2024,

Hi! No this is actually exactly my point. It's price is different but it's value is not.

Buy now, not later! In the future, if you know that you have something valuable you will not want to sell. And if you don't want to sell the price will not matter.

USD suffers from inflation which is caused by humans. Bitcoin has a specific supply growth which decreases as time passes. This will give your future bitcoin a higher price. But the value will always be the same. Bitcoin is more valuable than FIAT.

As time passes, you will need more fiat to buy the same amount of Bitcoin. But this is because bitcoin will always be valuable and people will try to buy it paying more.

It really depends on how much Bitcoin we're holding at the time. If we keep cashing out every time we see a little profit, we might not end up with $1 million equivalent in BTC in the future. I'd say that hitting $1 million probably won't happen anytime soon, but it's still a possibility. Who knows if we'll still be around by then? Bitcoin's price doesn't move in just one direction, you see. If we pay attention to the different market situations, we'd understand that bulls and bears are constantly duking it out in the crypto field.

What you're worth in Bitcoin will be the deciding factor. If you aren't worth much, the astronomical increase in BTC price won't affect your fortune much. Everyone should know that. It's not enough to scream and clamour for bull rally if we don't have some set aside that we're hodling.

For me, my happiness is that once the rally begins it's not only Bitcoin that will feel the impact. Alts too will rally up. We've begun to see it these past few days. Today, Bitcoin zooms passed $35,000 and altcoins are beginning to smile too.

Well, I think I still have opportunities to profit from bitcoin at that price, but if, for instance, it happens right now, I will lose a lot of money as I hold quite a bit of bitcoin as my long-term investment. But if it happens, I will accept it and start to analyse the bitcoin price again to see if it will rise again. If so, I will buy and hold a lot of bitcoin again and wait for the price to go up or bull run. Just like what happened earlier this date, bitcoin shocked a lot of holders as it made a quite bull run from $30,000 to $35,000, which I missed and regret. But I'm happy because it is a sign that bitcoin might do a huge bull run that many people await, and I hope it might surpass its own all-time high. and I can't wait for that to happen, so I think $1 million worth of bitcoin might be impossible.

Retirement for sure. Unless the dollar has crashed...

Long time from ever happening and I might not even be alive by then but who knows? If that happens I'm going to be the first 9-digit earner in the family (at least in my local currency). I'd be able to buy and do anything I ever want comfortably I reckon without ever having to worry about my retirement anymore. As someone who comfortably lived thanks to bitcoin, the only thing that I can really concern myself about is my retirement, since I'm pretty much set to go as long as I continue working and all my savings should support me for the next 6 years or so if in any case something bad happens to (knock on wood). But yeah, retirement's going to be a cakewalk for me.

Now that that's the case, will they be able to hold Bitcoin until it reaches $1 million?
Because that's a very high price.
No need to go too far to test it, when the price of Bitcoin started to rise and reached $35k today did it make him hold Bitcoin long term or sell it to take profits?

Because this will play with one's mentality when the Bull Run happens.
No matter how much Bitcoin is held if there is no clear price target, then it will only be sold when pumping arrives.
Try to target a price above $100k or maybe if the increase becomes crazy target $500k-$1 million, it will be a long-term target that is quite amazing if you can achieve it.

Bitcoin at a million dollar maybe be a life-changing milestone for myself and as well as everyone around me. Damn it BTC at a million dollar will be quite a long term dream, but yeah that possibility is there and I really really wish to grace that moment in my lifetime.

I have some chunk of Bitcoin now because I still managed to keep half of my total funds when pandemic happens so maybe if Bitcoin goes  a million dollar? I will completely become a Businessman that I always dream of.
wanted to have 20 thousand dollars for capital and if bitcoin climbed that high? then i will have that amount and sure to change my life forever for betterment.

Something threatening to those with the mentality of expecting to Invest in Bitcoin in due time even when they have the capital to invest but all with the motive of waiting for an inflation on the industry so they can invest with a lower capital while expecting inflation to strike the market and sales on a bull run.
I think this is going to be a reverse be the case for such people but as for already investors, it is a clamouring to boosten financial status with the exchange of fiat currency especially if your local fiat currency is facing de value from the economy sector.

So as for me, the tendency of Bitcoin getting to $1M would be an solid motivation to me that indeed Bitcoin is a go goal for a long time investment because I am definitely going to accelerate on the market on a bull running.
And with this thread, I am motivated to have a diverse of more than one Bitcoin account with the plans for o have one in my problem solving and the other is set to be my pensioners accumulating for a retirement without getting tired ☺️

The thing is that everyone has;  whether you want it or not, the hypothetical "million" to the extent of your needs, that is, in the long run it is symbolic, any price, always the highest price we set will work, just now, we have a rally, which could be the symbolic million of many, so, today with that price of +$35k, our bitcoin can be changing lives.

Bitcoin still has a long way to go (volatility-adoption), and apparently (my opinion) a million may seem like a lot of money for 1BTC today, it is, perhaps it will never reach it or surpass it, but I am one of those who thinks that its adoption as a medium payment is also a change of life and it is just what happens now foro me, even if it does not have that price, $1k.k.

The question is when it is going to collapse.

For example the next two news are some worrisome

$18,500,000,000 in US Treasuries Sold by BRICS Trio of China, India and Brazil in One Month (https://dailyhodl.com/2023/10/22/18500000000-in-us-treasuries-sold-by-brics-trio-of-china-india-and-brazil-in-one-month/)
$84,500,000,000 Exits JPMorgan Chase, Wells Fargo and Citigroup in Three Months As Depositors Take Flight (https://dailyhodl.com/2023/10/20/84500000000-exits-jpmorgan-chase-wells-fargo-and-citigroup-in-three-months-as-depositors-take-flight/)

Maybe the headlines are some clickbait but if that is real that means that the dollar is moving to the end of its hegemony

It is true that bitcoin price of $1 million is a dream for every investor. Investors hold bitcoins by investing in them thinking about their future but the market always goes up and down so it is very difficult to say when this day will come. To see the price of Bitcoin $1 million will require long-term investment and holding. Do not be disappointed even if the price is reduced that much change in price will create a life milestone for every investor.

I will make good amount of money (in case if I sell my coins), then what?

I don't have any dream to buy luxury stuff, travelling, or doing anything that make me need to spend money for unnecessary thing. So it's not really affect my life and I keep accumulate more Bitcoins as much as possible because I want to make sure my family will not lack of anything.

Well, this is a very generous and optimistic price target. This price will significantly impact each economic class. This price seems impossible in the near future; one-day people might see $1 million per BTC, but not in my lifetime, I guess. You should be realistic about the price targets. At that time, there will be increased inflation and other costs will also be increased. So, you will get pretty much the same benefits that you are getting today with 1 BTC. It will certainly increase your wealth, but it is important that you accumulate more than 5 BTC at least for the future.

That would really have a big impact on me. With a bitcoin price that can reach $1 million per bitcoin, I will make a lot of profit. It could buy a small house or a car, but what is clear is that it really helps our economy.
We can survive longer with that money, especially if an economic crisis could become more widespread.

But I won't use the money to buy things. I will focus on trying to meet my living needs first because the price of basic necessities continues to rise as time goes on. But it would mean a dream come true for many investors and perhaps they would sell most of their bitcoins.

I understand the sarcasm though but I humbly disagree with you on this because even with the current inflation across the globe, Bitcoin have remained like the anti-inflation currency.
See the inflation data of US from 2010 till date (https://www.in2013dollars.com/us/inflation/2010?amount=1) This shows that the rate of inflation is far slower than the rise of Bitcoin. In 2010,Bitcoin was just $1 in value and today the increase is beyond imagination as opposed to inflation that did not do up to 50% within the same time period.

Bitcoin rising to $1 mln will just be like moving from $1 in 2010 to over $30k in 2023 and this will not diminish much of the purchasing power of the dollar equivalent.

If you examine the possibilities, you don't need to look far to see it. Fixed supply and decreasing miners reward, everything points to the same thing.


But if you think about it seriously, with the price of a bitcoin at $1 mln., the significance of $1 mln. is much lower than it is now. If you look at films from 20-30 years ago, everyone in them hunted for $1 mln.. It was that elusive MacGuffin, the main goal for the characters in the films. Nowadays, no one will be surprised by $1 mln. At least in the movies.

I want to say that you overestimate the possibility of the influence of a bitcoin at a price of $1 mln. on your life, and also, this moment will not come soon.

You assess the influence of the bitcoin on life from the position of a speculative moment, while the significance of the bitcoin as electronic digital money, decentralized and possessing unique technical capabilities is incomparably more important and impressive. For this parameter, the current or future price rate has absolutely no meaning. But the impact on life is simply unimaginable.
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There are too many variables to consider when answering such an open ended question, as the amount of bitcoin you hold and when this could happen are two of the most important factors, however assuming such a price was reached during the current decade and I still held the current amount of bitcoin I have on my wallet then my life would definitely change for the better.

As even if I am not a whale, such a price will surely allow me to retire on the spot and live the rest of my life without having to worry about money anymore.

If science is worth $1 million in the future, how will it affect my life. Rather, if Bitcoin reaches this level, I will benefit financially and it will relieve me of financial problems. With the current price of Bitcoin hovering around $34,000, it may take quite some time for the Bitcoin market to tag $1 million. As a member of this forum I definitely support bitcoin and I will solve my financial problems with bitcoin in future. When the price of Bitcoin reaches $1M I will definitely be financially stable, and all the people who are holding will get a lot of money profit. We mainly invest in Bitcoin to solve financial problems in the future and want to be financially stable. And if I am currently investing in Bitcoin, then I definitely expect to be rich when Bitcoin reaches $1 million in the future.

When that happens, I will be able to buy a house and a lot and a car and a car, and include the small business that I want to do. Then when that happens, many other top altcoins in the market will also invest, so that means many community investors will get rich here in the crypto space.

It's just that right now we don't really know when that will happen, I hope it happens while we're still alive on earth. It's really a big deal to us. So long-term holdings are really good in this kind of business.

With the amount of bitcoin I currently have, it's not going to affect me that much although I could probably buy myself a decent house in a decent neighborhood and keep my day job so all that I have to worry again is probably paying the bills. Which I think is a nice thing since that would mean that there's a big goal achieved already and I don't have to worry about working hard for it because I've got it so fast. This question is one of the reasons why I continue to accumulate bitcoin no matter the price point is because I know it's going to pay off big time in the end.

You are right, this will really depend on how much we save, if we save a large amount then if the price of Bitcoin has reached the amount you mentioned of course we will have financial freedom for anyone who saves it. If we have confidence that the price of Bitcoin will reach that price, it would be better for us to continue collecting it to be able to enjoy the benefits of the price increase as you mentioned. Being able to live life without thinking about financial problems is certainly everyone's dream, but very few can do this if they don't try to achieve it.

If that happens, it means that fragments of satoshi will become extra valuable and significant amount of money. Mathematically, it makes every satoshi equal $0.01. The wallets that ever held bitcoin can actually have significant amount of money left and the global adoption will be rapid since it will have been established that Bitcoin is worthy an investment for all and also a store of value. Lives will be transformed beyond imagination but the big players (whales) will benefit the most.

I am not bitcoin holder but altcoin holder, although not really effect with bitcoin price raise to $1 million I don't think not huge speculation or imagination with bitcoin will raise $1 million. Beside many people want to see bitcoin will raise to $1 million but I don't sure they have enough patience keep holding their bitcoin fund exactly when moment raise up to higher price.

Its not really positive affect if not hold any one bitcoin in our wallet although have been raised to $1 million, but as altcoin holder I think have positive side when bitcoin raise higher price will allow by altcoin but will OP price really come true depend not any one want loss their opportunity for selling bitcoin after success have been on higher price.

Not everyone has the mindset of saving when they made it big with cryptocurrency; for some of us, that's really the time to live our ideal life. Of course, we enjoyed and traveled on vacations; just do what makes you happy, because life is unpredictable, and the unexpected can happen at any given moment. Don't get me wrong: we will make prudent investments that will generate enormous amounts of financial resources for the system. What are we going to express if bitcoin reaches $1 million? I can attest to the enjoyable lifestyle. Everything about me will change, including the automobiles I drive, the opulent houses I'll live in, and an increase in the standards of living.

I will still continue my normal life. The question here is "When this will happen". Let's say if this happens when I am about to retire, maybe my retirement will be early or maybe it will happen at my age when I can be considered as senior citizen, my senior life will be happy and after that, my children will be also have a good life in the future because I am investing always for the future.

If the price of Bitcoin hits such a high level of price, I will be both sad and happy.

I'm sad because I truly want to save Bitcoin, but it's difficult for me to do so because my income only covers my basic needs, which is I only save so little. Most of us who have faith on Bitcoin that will reach such a high price undoubtedly feel the same way I do.

On the other side, I am happy because there are still many individuals who do not believe in Bitcoin and claim that it is a scam. If this occurs, individuals may change their thoughts and believe Bitcoin is a legit.

If the price of bitcoin reaches 1 million dollars, in general it will definitely change my life a lot. Because of course I will get a lot of benefits from the bitcoin investment assets that I have held so far. But even so, I don't think Bitcoin will reach the price of 1 million dollars anytime soon. Maybe it could happen in a few more bitcoin halving cycles. Because in Bitcoin's upcoming halving cycle next year, most investor biggest price prediction is just $100K in the upcoming bull market. So my estimate for touching 1 million dollars in bitcoin will take a little longer. Therefore, currently the prediction of bitcoin reaching a price of 1 million dollars is still a hope for the future of bitcoin investors. The reason is, the price of one million dollars is still very far from being reached by bitcoin. However, this is very likely to happen in the future. Because all of this can be seen from current Bitcoin users, who still make up less than 10% of the human population on this earth.

Source: https://coinvestasi.com/berita/proyeksi-investor-kripto-seluruh-dunia

So it can be predicted, if for example cryptocurrency (bitcoin) users can reach 20% of the human population on this earth alone, then the price of bitcoin will definitely jump even higher. Therefore, in essence Bitcoin still has a lot of potential to continue to experience price increases. And it is not impossible that one day Bitcoin could reach a price of 1 million dollars.

I'm following these news but I'm not too worried, the dollar dominated before the rise of China. In the end what matters is what money you want to have in your pocket/bank account, and clearly nobody wants Chinese money, not even Chinese people, they're just forced to have it.

The reckless deficit of the US government is more worrying.

It can happen or may be it never take place because everything is unpredictable same is the case with our life that we don't know how long we will live or if bitcoin reaches to such a higher value then we will be there or not? Personally I think that accept the little benefit as these little things can make you Millionaire one day.
If there is a possibility of occurrence of such a huge achievement then surely it will take lots of years to be happened and also this process is not a continues process, for reaching $1 million you will definitely see large number of ups and downs. There is a Bull run coming due to halving so I don't think that people will wait more for 1 million but they will eventually sell their bitcoin during halving.
If fortunately bitcoin touch the value of $1 million then all Bitcoin's holders will be Millionaire but who knows that how will be the situation of country in future. Will they accept bitcoin? will they give permission of bitcoin holding? because bitcoin is not permissible in every country so take the benefit when you have and don't wait more as situations can alter anytime.

If the price of Bitcoin becomes a $1million , then I can make a huge profit. My own intention was to build my own house,but there was some problem of lack of money . after watching bear season I started investing in Bitcoin instead of building a house, because I knew that Bitcoin could give me huge profits and in the next bull season I would be able to build a house with my profits.

I didn't invest with the intention that Bitcoin will reach a $1million  this season, but if it happens with luck, I will own a house as well as a new car. Which is my biggest wish in life. Well, human beings have many desires which are impossible to fulfill, but I am sure that Bitcoin has the potential to fulfill many of our desires. The biggest advantage of this will be that people around us who talk negatively about our Bitcoin investment, We will be proud to tell such people about the benefits of Bitcoin.

It's quite dramatic indeed for someone who has a little bitcoin and bitcoin moves to such a high price in such a fast time, but I think it's still just a hallucination today, and you can still continue to save bitcoin from now on, even if only little by little you can get a lot of bitcoin as long as you want to consistently save it.

And if you feel that it's still not enough then I think you can look for an additional job to get additional income and you can save a little more bitcoin than before relying on your main job. And I guess on forums you don't spend much time, so chances are you could earn more money if you had another job.

It will be a good news and many bitcoiners will be millionaires and billionaires. I will be very much glad and smiling because I will use that period to complete my projects and life will change to good. But for bitcoin to reach that is still far. And for now we are predicting the price range to be $70k to $80k based on the previous ATH of 2021.  Though that price of $1 million of bitcoin is achievable but not now. It is a higher expectation for years to come.

I do not hold enough Bitcoin for it to become life changing if it were to reach $1 million. Maybe I will be able to afford a few things I've been saving up for but it wouldn't be enough to live off of for more than a few months unless I moved to a country with a significantly lower cost of living. There is still plenty of time before it reaches that price so I will be busy accumulating in the meantime. If I do reach that goal of having more than 1 BTC and became a millionaire I would cash out some of it to help my family and also make some investments that will provide additional sources of income.

If Bitcoin price hits $1 million per Bitcoin. It's a life changer of every holders it doesn't matter the holder are hold he use amount of BTC or some amount of 1 BTC. Satoshi Nakamoto make this coin for changing life of holders. You can see everybody holder can make and huge amount of profit it's not huge but a good amount of profit from it. If the proper analyse the market and invest in right time I am not saying that BTC make every time profit for everyone. But you can see the analysis price action. It can make a good profit. It's a life changer for those who hold BTC in 2009 to 2015. You can see BTC highest price hit $69k. BTC predictor are predicted Bitcoin going to hit after having $100k. There is huge possibility to Bitcoin heats $1 million dollar in future. If it hits 1 million dollar in future anytime then it is a not just a life change its a golden life changers who hold a bitcoin or many bitcoins.

For those that don't have a lot of Bitcoin holding, we'll still be happy for everybody. That's an achievement for everyone and that moment is what everyone is waiting for. We may have not much but yet, it's still a great history that will be made that with an asset that has no known creator and remained anonymous has left this world with that great invention that everyone who owns it believed to its tech and on itself as a store of value.

I feel you bud but that's what it is and we will just have to let go of that feelings of being sad and there's a good news. If you believe that someday we'll be able to see Bitcoin hitting that price, there's still a lot of time for you and me to accumulate and buy because who knows if someday in the nearest future, that sadness turns into happiness so it's both happiness and joy for you that has once said about being sad that you can't save.

$1M per bitcoin then even just owning 1/4 or 1/2 of it then it would really be that already significant and could really changed up someones live, knowing that there are indeed places in the world which USD value
is really that indeed big or something that could really be that worth tons even if you do get hundreds or tens thousands of it. If it happens that 1 Bitcoin would worth a million then tons of people would really be changing up their lives if ever that happen but we know that even in dreams this cant really happen considering on how much money we do really need to reach out that kind of price or value. Really that good to dream off with that kind of value or price.

How it does affect my life? For sure i would really be able to built up my own house which i do long or wish for, then having some real estate business and buy some car that i have liked.
It is really that good or something that each one of us does have that kind of wish in life on trying out to attain even if we do say that it is commonly focused on material things but pretty much
sure that most of us does share on the same target in life. People are naturally that materialistic and this is something that i cant really be able to deny.
We would really be definitely buying those things that we do really want or wish for.

Obviously it’d make me & many people on this forum extremely wealthy. I do believe it’s only a matter of tike until bitcoin trades at 1 million USD per coin. If we are lucky it’ll be the end of this decade or if not, at worst it’ll be in the 2030’s. There will be a flight to bitcoin, we are lucky to already be invested.

I'm optimistic that someday it is going to happen, no matter what people say and how negative they are. In the past, many people didn't believed that the high predictions like $20k won't happen but we've seen that happen several years ago and now, it's just part of the history because we're pass that price. By the looks of it is impossible but I'm believing firmly that it is going to happen someday, and it's just going to be a matter of time when.

I may not that be like those folks and holders that have been firmly holding. I've made a lot of mistakes on my decisions for selling early but I'm trying to keep up with that mistake and I'm trying to get up with that mistake correcting it so that it is unlikely to be done in the future. So, this dream by everybody and manages to hold until the end until it happens or close to that price, it will be a lovely day it is for sure if we witness it.

Though I don't have much Bitcoin holdings, this will be a piece of great news indeed. Everyone will become a millionaire. If that happens, I am going to build my own business so I can have another major source of income aside from having a full-time job and some investments. If Bitcoin hits the $1M value, it will become a great history in the crypto world. Hoping that this will happen, soon.

This would be great news for sure and all of us who have Bitcoin will be in a good situation. I am not the same as others who could make themselves millionaires in terms of fiat but I would be in a situation where I could pay off all of my debt and probably build our own house. Though $1 million is too far probably it will happen in the next generation and most of us cannot witness it since there is a probability that this will happen before the last halving of Bitcoin. Let's just focus more now on the most achievable price like achieving the next ATH and let's accumulate more Bitcoin as Halving is fast approaching.

Obviously i will become rich

and who have invested in it could become very wealthy.

But i don't think this is going to happen ;D

I'll manage to have at least 1 BTC for now, currently its too far from reality, with the price of the bitcoin in my country of 30k usd its already a million incase imagine with that $1M it could be an instant billionaire here, thats a lot of money that you can use i guess you can even make an inherit with your child with that large amount of money, you cant even spend it all in your life, but in your future children they will benefit and you are the one who breaks and have the financial freedom to them at the early age. Bitcoin can really become a life changer in a proper way.

Well, I don't know exactly, but what I know for sure is that I will be better off financially than I am now. The fact is that for the price to reach that million, there will be many ups and downs, phases of bull and bear markets. In the bull markets I plan to sell partially. Depending on how much I sell and how things go, maybe when that day comes I will have a whole bitcoin or less, but if I have less I will have been benefiting in the process with the partial sales, so I am not so obsessed with the figure as I plan to enjoy the process, because realistically I do not expect to reach a million in less than three cycles.

Haha and I could say that I am almost a millionaire  ;D

Anyway for sure I would be able to finally afford to buy a house for me and my family, that would be a huge step for us because it would mean that I could keep investing all the other money I make working, they house would be completely paid thanks to bitcoin. Of course I wonder about the interest rate at that point but let's be realistic, when will be able to see bitcoin a $1 mln? Maybe in 20 years?

Maybe now 1 btc = $1 million sounds like nonsense but in 2010 there might also be people talking nonsense that 1btc = $35k. It turns out that this has now become a reality

Imagine if that happened, maybe many people would become rich because bitcoin became very expensive. I hope I still have bitcoin when that price is reached. Bitcoin will become the most expensive asset and it is likely that bitcoin will already be accepted as a payment currency throughout the world. Maybe in 100 or 200 years, $1 million for 1btc will no longer be nonsense

It will never affect my life negatively since it will surely create a life changing opportunity for me to become rich quickly. It's actually a big advantage for the early investors in bitcoin. But I pity those who keep missing the opportunity to invest in bitcoin because they keep waiting for the perfect price for bitcoin to enter the market. And now that it's price could possibly reach into million, the more that they will regret for not pushing their selves to take the risk to invest.

However, we all know that this price will take a lot of years before it will be achieved. That means there will still be a lot of chances to invest in bitcoin most especially for those who are still in the process of learning bitcoin.

If you have a bitcoin and its value is like that, how many generations of your grandchildren can benefit from it in your family? That's a lot of money actually. But of course, when that happens, there must be a basis. That can't happen with just a pump or just thought of by the big investors in Bitcoin.

Just imagine if everyone in the world had a bitcoin; for sure, no one would have a hard time living in the world. That's why it can't happen, or it really won't happen, because there are billions of people in the world, and Bitcoin only has 21 million supplies.

It will have a greater impact on me because in the end I can also be said to be one of the people who can profit greatly from the results of my investment in bitcoin while proving and being able to puff up my chest by saying that my choice to be in bitcoin is the right thing.

But for now I just want to be realistic with what I want to aim for. $1 Million is great but I now just want to go beyond $100k as my goal. When that is achieved maybe my goal will be different and want to go even higher but for now $100k which is even often talked about from 2021 alone is still not exceeded and my hope is that with the halving in a few months this can be achieved.

this would be a truly extraordinary dream. Honestly, of course we all hope for it. How could it not be if the price was that high then I would definitely have a lot of money if I converted it to my country's fiat. You could say that I can definitely realize some of the targets that I want to achieve in the next few years in a shorter time of course. because surely the current value of Bitcoin will be many times greater, right?

But I personally won't have my hopes too high because after all we have to go through a process and that process is certainly not easy and there will definitely be ups and downs. and we don't need to hope too high because if those hopes are not achieved, there may be a little disappointment. It's different if we have certain expectations and it turns out the reality exceeds our expectations. that would be wow amazing. But once again, if it's Bitcoin, I'm not saying that it's not impossible, but it's more about how we have to go through the process if Bitcoin can be at that rate.

I do not have 1 BTC but at least a small fraction in satoshis where I have done DCA (dollar cost averaging) last year and I am currently in profit as of this time of writing.

Let's say if it does hit $1 million per BTC and even with just small fractions of sats, I would be very delighted as a middle-class guy living in a 3rd world country.

I may be thinking of allocating some of it to real estate as I'm looking to make some good passive income every month or so with real world assets. On top of that, I can put up some profitable businesses too and probably travel the world and living the life to the fullest.

This won't affect our lives especially when we already bought this early, as it's going to be a game changer in experiencing insane profits like this when BTC hits the $1 million mark.

In reality though, we may not know if it does going to happen but the chances might be very slim as we are very close towards maturity with the continuous gradual adoption worldwide.  

If bitcoin can reach 1 million USD each then I'm pretty sure it will never be able to become a currency or payment method. Are you rich enough to use bitcoin for payments and pay a huge fee if 1btc = 1 million dollars? Furthermore, bitcoin is gradually becoming an asset and its path to becoming a currency is gradually closing. Some people won't like this but I think it's already happening, with the approval of ETFs, it's clear the world only sees bitcoin as an asset.
But I agree with you that bitcoin can touch 1 million USD in the future, it will take a lot of time but it can be achieved.

Well, I'd be able to get some big vacation, buy a good house, and still have some I guess. My life would be definitely a lot easier, but I prefer not to daydream. I'm just doing my best to protect my future.

It is just a thought for now but we live in a world of endless possibilities where anything is possible. So if bitcoin price were to reach one million dollars per bitcoin, in my lifetime, I'll definitely plan for my early retirement from active work. I'll reinvest some of my profits in other investments like real estate, that always increase in value, and leave off the profits for the rest of my life, traveling and enjoying. Having multiple sources of income has always been my dream, so if my bitcoin investment can actualize it by it's price to be multiplying geometrically to reach that mark, then I'm good to actualizing my dreams of multi investments and early retirement to enjoy vacations all over the world with my family.

Sadly I only left small fraction of my funds since 2021 , now I know i need to keep tracking my funds.

If bitcoin reached 1 million? then i will have chance to open a small business like laundry and car washing and that will change my life forever.

Most people's dream is to buy real estate, a yacht, travel around the world, retire early...when bitcoin reaches 1 million dollars, but your dream is too simple compared to everyone.  I think to realize your dream, you won't even need bitcoin because laundry and car wash businesses don't need too much capital.  as long as you work hard and save as much as possible, in just 1 to 2 years you will be able to realize your dream instead of relying on your bitcoin investment.  but to get a better future, you should save to realize your dreams and keep investing in bitcoin because diversification will always bring better results than relying on just one thing.

It will affect my life a lot, to be honest. Of course in a good way. I have been in the crypto space for a while and accumulated a good amount of Bitcoin. I will make a good amount of profit if Bitcoin hits the $1 million price point. I have some dreams that I will be able to make come true. I will be able to help my family and also improve many things around me.
I will not stop there. I will have much more to do. I will invest again and wait for the next profit. Maybe start some new business or expand the existing one. But the hardest part of all of this is HOPE. It is a thing that is not in our control. We can hope all we want but if what we have hoped does not come true, that disappointment is gonna hit hard!

Maybe one day. Till that happens, we need to focus on what we currently have. The thoughts of the far future and past only ruin the present. When it will happen, it will happen. Stop thinking about it and give your best in the present.

If bitcoin price gets to $1 million dollars it will be a good benefit to those who are hodling no doubt about it. Every investor desire is for the proce of bitcoin to go high to gain profit. But the truth is that with the price of bitcoin today I don't think if the price can just skyrocket to $2 million dollars,  it will take some time to reach this price. But if bitcoin price reaches to $1 million dollars it will be an excuse to people from buy bitcoin because they will think the price is too expensive to invest in bitcoin.

How it will affect my life if Bitcoin price gets to 1million per Bitcoin.

Well the effects will be of positive and not negative ok, because even if it comes down to 9hundred thousand dollars I am still on the profit side ok, because I didn't buy at the cost price when I bought it.
And what I am saying here is my own effect if the price of Bitcoin of Bitcoin comes down to 1million per Bitcoin ok ,because I know they're people it will affect badly because they buy at the high price with hope that they price with keep increasing and unfortunately it comes down,it will be a total disappointment to people like that,

But in my opinion and my own effect am at the advantage of it ok, and as such will make me rich and become millionaire ok.. and after which I am going to acquire my coins no matter how much it is,with full confidence that it will surely raise again and I will put the rest of my profile into another business of my choice and grow more business while I wait for more profit from the rising price of Bitcoin again..

But in other hands their is at point it will get to it will totally affect everyone and they will be no profit at all, and all will become lost,but we are not praying for that anyway..

I'm stacking sats because I want to retire when I'm young. With bitcoin I'll be rich that's it. Why don't you tell us how it's going to affect your life if Bitcoin's worth $1 million. You're curious about others but you didn't tell us anything about what you'll do. What's the reason you're asking the question.

As long as they have Bitcoin, whatever the amount, I think everyone will be very happy. Because of course the value is higher. especially if you have Bitcin from a low rate. This is going to be great. Many people will probably realize their desires because they get very high gains from Bitcoin. Whatever it is, of course it becomes easier when you get more money from Bitcoin profits.

however, will it become real? who knows, no one knows what the future holds. but what is certain is that we believe that Bitcoin is valuable and will continue to be valuable. So, it's better to start now, while it's still a bearish era, to collect more BTC while you still can. Of course, by using free money as best we can afford it, not money for living needs.

I do not know how long it may take bitcoin to reach such a value but I think it is possible, however this is not going to be an instantaneous process and it could take decades before it happens, so before people get excited about how valuable their current holdings will be at that point, they will need to hold until that day comes, and as we have seen this is not easy as there are many blunders you may commit, like losing your coins or investing in a scam which will prevent you from taking advantage of such a price when it eventually happens.

If the price of each bitcoin is 1 million dollars, my life will not change. The reason is that I don't have any bitcoin reserves at the moment. But the lives of those who hold these bitcoins will change.

But I won't give up yet as I have enough opportunities so I will gradually accumulate bitcoins. When the price of bitcoin is 1 million dollars, I will convert this bitcoin into fiat currency and start a business so that I can spend my later life more happily and peacefully.

Hilarious. This is an insane scenario which could only happen if the dollar collapses and we all know that is an extremely unlikely scenario. Am satisfied with where BTC is currently since it was just a couple of cents during its inception.

Anyone thinking that BTC will reach a million bucks need to stop dreaming and embrace reality in my opinion.

If bitcoin prices go through the roof and reach $1 million each, the world as we know it will be completely changed. There has been a huge change in the economy, and people who invested early are now making more money than ever before. Imagine how the economy would change if a lot of early bitcoin buyers all of a sudden became very rich. There is, on the one hand, the chance for ground-breaking investments in new ideas, technology, and charitable causes. However, sudden wealth can lead to careless spending and an uneven distribution of wealth, making the gap between those with bitcoin and those without even bigger.

Some people dream of living a luxurious life and having complete financial freedom, but there's a false problem at the heart of this: Does money lose its value when its earned without working for it? Could a social value crisis happen if people get ahead too easily, without having to sweat and work hard? Imagine how society would change when a lot of new rich people came in and made people question what hard work and equality are all about.

That's how investors express it because they're happy with higher value to what they'd paid. Bitcoin's value isn't stable so if they're selling at a plus time they'll be but if they know it's going to reach $1M soon they'll hodl.

We shouldn't stop ppl dreaming they've got rights to do it but I don't think it's going reach a million soon. It isn't impossible bitcoin's going to reach $1M just they shouldn't get their hopes high on happening any time in the coming soon years.

Even if I don't hold 1 whole bitcoin, the price of the other cryptocurrencies I own may increases by x100 or x1000, which will greatly affect me. I hope to accumulate enough cryptocurrency to be able to afford one Bitcoin someday.

Which other cryptocurrencies do you own. I'm not saying you can't do it but you'll have to own so multiple smaller cryptos to get enough accumulate balance to own one Bitcoin. If you'll get there operating from other cryptos profits it's going to take a long time it won't be easy.

I held bitcoin when it was 1k, 10k, 20k, 60k... I will hold it at 1 million.
It will affect my mood that's for sure. I'll wake up every day seeing 1m bitcoin and just smile to myself.


I'll give you a hint - accumulate bitcoin if you want to own it. Right now you're trying to get a job in programming by applying to every other position in the company and hoping they'll see the programmer in you. Want bitcoin, get bitcoin. Don't try to get bitcoin by buying altcoins. It makes no sense.

I wouldn't have held my bitcoins like you if I'd seen opportunities to sell. If paying less for bitcoin but I could've sold for 60k I would've been grateful to sell for a sizeable profit. When bitcoin had ATH if you'd sold you could buy again when it's value went down that's what I would've done so dumping for longer profit's works.

If it happens fast, it would have serious impact. Everything would change. But if it would happen slowly, i am not sure how slowly, maybe 20 years, my kids might enjoy it, i am not so sure i am even around then. But i am assuming that nothing like that will happen as fast as it has before. There are just too many things that are uncertain. And way more changes for it getting attacked by regulators then them setting it free.

I would of course like to be wrong and that we could have another bullrun as intense as last one. But as onlly fraction of the crypto money would go into bitcoin, i am skeptical and don't see it jumping 3000% with that marketcap. Not fast anyway.

Nothing really as I do not hoard too much Bitcoin. However, I will be joyous because $1 million means that we're entirely worldwide and really trending. With such a price, many (if not every) businesses would consider Bitcoin as a necessary and even mandatory means of payment. Many countries will then be forced to make it legal (probably when they see how much the people want it?). In all, it would be amazing if that were to happen because that would greatly help fulfill Bitcoin's mission.

If Bitcoin hit a million dollars a coin I would probably have no choice but to sell all of mine and spend the rest of my days enjoying the fruits of my labor. I actually think it would probably be a bad thing for me personally, at least health and productivity wise. It would be cool though. No idea what I’d spend millions of dollars on.  

My friend, you are in every investor's dream (or nightmare) as we ponder a Bitcoin future. Imagine winning the lottery and having millions. Sudden prosperity is a double-edged sword. Can money ever replace the grind, the relentless push for success, the daily hustle that defines us? I find it fascinating how you balance appreciating your work with the possibility of declining health and productivity. What good is money if you disrespect your health?

What do you do with millions without a plan? Choice's paradox and limitless potential. Money buys pleasures, but can it buy purpose? Perhaps the journey, lessons, and experiences are more important than the money. Still, wouldnt it be an interesting problem to have?

The value of bitcoin reaching $1m isn't going to make big impact on my personal life. I don't have big holding of bitcoin and I used to cashout and use it unlike the market situation. Just an assumption, if I have got 1BTC in my wallet, surely that is going to be life changing. $1m in my country fiat is big money and with that I can clear my debts, construct a house and own a small business that can bring regular income. All this can be done with $200k and the rest will be hold in terms of stable coin to make a buyback when the price drops.

Bitcoin will surely reach $100k, but $1m is something big and unrealistic. If such a big price is reached, surely this will cause big problem in the market. Particularly governments will oppose it heavily as more illegal funding can be easily moved through it.

Actually at this point even with the current bear market, everyone should understand that you shouldn’t use your life savings to invest. Your investments should be money you can loose, also do not invest without having good knowledge of the volatile market.

I understand your point, but I plan to accumulate Bitcoin during the next bear season as buying it at its peak is too costly. I can't afford it by just accumulating other cryptocurrencies. Unless I accumulate the best cryptocurrency that will moon in the next bull run.

It makes sense to have a strategy that helps me own one Bitcoin. I need a high-profit approach to increase my chances of buying one whole bitcoin.

It is not going to change marginally, it would just be a lot of money on my bank account but that's it, I am not going to suddenly start living like a rich person because if I do that then I would lose it all and spend it on silly stuff and become poor again.

Number one thing that you need to remember is that rich people do not use their own money to live rich, they end up in debt to live rich, because they rather keep their money invested and earning, and then those earnings will pay their debt, that's a lot better, both for tax reasons and also for income increasing reasons, the more capital you can put into making an income the better, and if you make a debt, that means you are paying less tax, but also you are using all of your capital for investment and not spending it.

Actually, I don't want this to happen right away because there are too many people who want to buy Bitcoin but do not have the opportunity. There are people who improve themselves about Bitcoin and its technology but do not have the opportunity to buy Bitcoin. These people need to save and invest within their means. Therefore, it may not be good to miss some opportunities immediately.

Of course, I want Bitcoin to reach very high levels, but I also want to have Bitcoin in my hands, I do not want to be a spectator in this journey. I want Bitcoin to reach everyone and change the lives of those who appreciate it.

A price of $1 million per bitcoin will affect the life of my bitcoin savings.  It does not affect everyone's life. A job seeker takes the money left over from meeting his family needs and continues to invest in Bitcoin. On the other hand, an industrialist to invest a portion of his dividend in Bitcoin, it does not mean that the profits of both will be equal. In my opinion a bitcoin price of $1 million would create a solid place in the world. Holding Bitcoin from now on to a potential future $1 million rise would be a dream come true for every investor. Estimates from crypto analysts suggest that Bitcoin's long-term value could reach $100k to a million dollars in the future, with capitalization roughly $20 trillion for that price tag to become a reality. I want to witness the time this future bitcoin price reaches $1 million.

That could happen, but it might take longer than what I initially expected when investing in Bitcoin. If it happens sooner, I'd definitely hit the Bitcoin jackpot and immediately look for a reasonably priced house using 50% of my Bitcoin assets. I really need a home for my family.

I don't feel like I'd be super rich when the price of Bitcoin reaches 1 million because I think that would be mostly luck. After all, I'm just holding onto my Bitcoin to make money, which means there's no special effort involved, unlike other businesspeople whom I consider as the truly wealthy. Being wealthy isn't just about how much money one stores, but it's about how someone can make a lot of money and live freely with it.

Another thing I'd do is provide food to the less fortunate people around me. Even though it may not be much, I believe it would help them get by for a while.

I don't think it will come to affect me badly since we all want that price obviously. And once it happens, then I will start selling some of my coins so I can be in huge profits and live my dream life after. However, it will surely leave a regret for all those who miss the opportunity to buy bitcoin while the price is currently low and still affordable. But we all know this just a dream for now. Bitcoin price will never hit a million price at this very early. Although I believe bitcoin is destined to achieve this price, but definitely there will be big stones to conquer in the process.

For now, let's be more practical and never stop from accumulating bitcoin. While bitcoin halving is getting near, then we should be more prepared with our investment portfolio. In the long run, bitcoin will still be able to achieve a million price, but hopefully its adoption should come first before it reaches a very significant amount.

If I have a bitcoin and even 1 million of its price, that amount is too big to help me. I can enjoy life whenever I want to, and I now have a good life to pass on to my family that I will leave behind in the event that I disappear from this world.

Think about all my dreams I can get and buy for 1 million dollars each, and if I manage money properly, I can grow it for sure as time goes by via businesses that I will build. But of course this will only happen if I do have at least 1BTC, due to it will be useless if I don't have any of it, isn't?

Honestly, if the price of Bitcoin reaches $ 1 million per coin it still won't affect the life of some people who are BTC investors because the price can only intact an investor's life only if she takes a profit.
I am saying this because alot of cryptocurrency investors have failed to take a profit when the market was at ATH price and later sold during the market correction season.
Having said that, if BTC reaches 1 million per coin it will affect my life positively.

By that time it comes, I guess that most goods and services have increased in prices as that's the tandem of inflation and also with the possible price increase of Bitcoin.

Nothing will change to my life, I'll still live within or even lower my means so that's going to keep me living the way I am living frugally.

Setting aside the problems, living happily without having to think of finances.

You have a great point here,  and I must agree with you on the fact that,  the only time that Bitcoin price,  both negative or positive Bitcoin price can have impact on investor is when they decide to exchange their Bitcoin at some point,  this is so because bitcoin left on touch still mountains it Satoshi amount irrespective of what the dollar cost of Bitcoin is at that moments.

This is highly impressive if the the investor is smart enough to DCA during the price increase,  so it all left in the hands of the investors weather or not the be want to take profits or cut losses,  only at this point that the price of Bitcoin will have the doors cost-effective.

You've asked an unimportant question but ppl didn't hesitate to reply so your silence isn't an exemplary response. Why did you start the thread? You shouldn't have started it if you weren't intending to interact with users. It isn't appropriate if you're quiet without offering insights but you're expecting ppl to reply.

So if I had a million  today right now it would be nice.
After tax it would be about 600k.
I would move to a different house. sell my 2.5 year old car and get a new car.

Well, Bitcoin hitting $1 million is not an "if", but a "when", though the "when" is probably like 20 years from now.

I'll already be very rich well before it hits $1 million so I'll just be a bit richer haha

But yeah it'll be cool when I can buy a new car for like .05 btc, an almost negligible amount of money.

This is totally wrong. Big price of bitcoin does nothing to stop people from using it as a currency. If anything such a large price means Bitcoin probably IS being used as a currency, because it will be used as a currency once lots of people actually own it, so it won't start being used as a currency until it gets up to such prices. Also price doesn't affect the fee, if it did tx fees would be much more than the like dollar or less than a dollar that they are right now.

And not sure why you think bitcoin's path to being a currency is closing. That's a strange thing to say. ETFs have nothing to do with people using or not using Bitcoin to buy things. Even if one day a million bitcoin are held in ETFs, there's still another 20 million out there. That isn't something to worry about. Bitcoin will always be a currency. That's fundamentally what it is. Over time it will become more useful as a currency. The only reason it isn't used as a currency much yet is because adoption is nearly high enough yet. It's use as a currency will only grow with time.

Honestly, I also think that bitcoin's path to becoming a currency is gradually closing and it is unlikely to become a reality whether we want it or not. Looking at what's going on, it's clear that everyone sees it as an investment asset rather than a means of payment. Even as bitcoin becomes more popular and widely recognized, people will know and accept it as an investment rather than a currency. Not to mention, the biggest barrier is the government, they will never let a decentralized currency become popular. We should accept what is happening.

It is correct to mention that it is a "WHEN" because we all know that this will happen but the time when it will is the question .
same as yours if that would take that long maybe i am more than richer then because will use all my holdings in physical business, but since holding bitcoin is the secret of success then yes I will instead keep holding while having business.
buying car with 0.05 btc is cool , how many cool i could buy with all the bitcoin in my wallet now.

I have good chunk of Bitcoin now , My business is slowly dying so what could you expect from me?
will be very happy and satisfied if bitcoin turns 1 million as i can finally buy my dream Truck to use as personal and business car, can use it
for cargo business and also I can buy a close Van that needed for my business to upgrade , and also are you expecting something bad
from people here, of course everyone will be happy but not those who did not completely trust bitcoin though for sure altcoin will grow
also because it is a domino effect that we have seen for many years now that altcoins are moving up when bitcoin starts recording its
all time high.but fore sure this will happen in the next 2 or 3 halving so may take long time to wait , lets accept and have plans for the
mean time.

Iit appears that you are in a risky situation with a failing company and faith in the growth of Bitcoin. Your options would undoubtedly increase if Bitcoin hits the coveted $1 million milestone, allowing you to upgrade your company and purchase the truck of your dreams. It's a reasonable expectation, but let's also take the volatility and unpredictability of cryptocurrency markets into account. Indeed, Bitcoin has historically sparked a chain reaction when it comes to altcoin rallies.

Meanwhile, having backup plans is essential when your company encounters difficulties. Increasing the diversity of your investments, investigating new sources of income, and possibly investigating strategic alliances could revitalize your business. While stabilizing and growing your firm is the immediate need, waiting for Bitcoin halvings may be a long-term approach. Instead than waiting, let's take action.

Nobody can stop anyone from dreaming which is pretty obvious. Also, what in the world makes you think that BTC will reach 1 million bucks later? Do you have any clue as to how preposterous that sounds? Think!

Silly nonsensical statement. You don't represent everyone which is why your reasoning doesn't really make much sense here.

What we should all expect is that if we are lucky enough to be among it investors that would take opportunity investing now, it will be a future advantage over our investment when the market get to that rate or close to, but right from where we are now, i think we need to first go along with it gradually till we get to where we are all going altogether and the market becomes more favourable, holding will be the best way and early investment will give the opportunity.

I would imagine that if bitcoin shot up all the way to 1 million dollars, it would change a whole lot of peoples lives in an instant.  If bitcoin went to 1 million I would certainly keep a large percentage of it in bitcoin, but I would likely take some and invest it in to financial instruments such as stocks and what not. 

I know a lot of people predict it'll hit 1 million at some point, but I'm not so sure.  I hope though!

According to speculation, for the price of Bitcoin to reach $1million, we should be talking about next two to three decades from today, and not anytime soon, as $100k is still under projection which we are yet to record the price of BTC hitting $100k anytime soon after next year's halving. But however, if the price of BTC should hit $1 million today, that amount will literally go a lone way for people who owns a fraction of it, as that amount will be roughly equal to 2900% increase in whatever capital invested (i.e 1,000,000/34,000= 29). Hence, it is good to for us to have a least fraction of our funds invested in Bitcoin, because you never can tell when it's price will skyrocket this high.

I don't know if it's going to get a $1M valuation but you said you'd limit the outlay to financial instruments like stocks. I'm curious if bitcoin did get that price would you invest in altcoins & tokens for your portfolio? I agree with your future portfolio I'd assuredly keep a large percentage of it in Bitcoin.

We all know that if Bitcoin Price hits or crosses 1 million no one will be sad about this instead all will be happy like the spring season comes after Auntom and all the birds and Humans are feeling happily  same is the case with Bitcoin, only those people who did not invest in Bitcoin will regret of it. We don't know when will happen this but maybe in the next bull, it may be coming true. We need to plan everything for the next bull just like you buying your dream truck and office car but I am giving one suggestion to you. Buying your dream truck buy a small new car that will fulfill your needs for some time and invest the rest of your money in expanding your business to increase your income. If you pass on expanding it you will have more choices of branded cars

I will have ample opportunity to express my feelings when Bitcoin hits $1 million. Now that there is no chance of Bitcoin going up to a million there is no need to express my feelings. However, regardless of the predictions, it will take a long time for the price of Bitcoin to reach a million dollars. Maybe even after 2040 it is impossible to say with certainty whether the price of Bitcoin will reach $1 million.

It’s inconsiderate the OP isn't affected by what's posted in the thread. He doesn’t care. He's started the thread but didn't read what we've written he doesn't look like it matters. He's started extra threads after this but he's done the same by leaving them alone.

Actually, 1 bitcoin has become 1 million in Turkey, but in Turkish lira, not dollars. At the moment, 1 million Turkish Lira unfortunately has no effect because it is not worth anything (thanks to inflation :D), but if it had reached this point 2-3 years ago, it would have made a lot of difference :D

We know Bitcoin will come to a time when its demand will increase and its value will increase many times what it is now. As we currently discuss the Bitcoin market and look at the market principles and how well it is priced and what the future looks like we see good positives. Accordingly we must invest bitcoins and try to hold for a long period of time so that we can gain a lot of money. If we invest bitcoins for the future with this objective in mind, it can greatly affect our lives. If we buy bitcoins at the current price and hold for a long period of time, we can certainly double the profit at some point. The price of Bitcoin will surely touch $1 million dollars but it is only a matter of time as currently the value of science is in a cyclical motion and the bull season will actually increase it. And if we keep buying bitcoins at this time then surely we will get huge profit when bull season starts and from there our life will be financially stable and it will be affected by bitcoin.

I would be quite happy of course, but it might also mean that the world has changed a lot, maybe some currencies have collapsed already... I would be happy but many people around  me could be way worse...

Greedy as it is but surely, everyone will be in panic selling as the tendency for the price to change is highly possible. Of course, I will also ride with the trend and sell as much as possible if that's the only way to gain life changing profits that will definitely bring big and luxurious changes in my life. And when the price drops down again, I'll just buy back and accumulate maximum amount of bitcoin in my portfolio.

However, for now, this still remains as a dream, and I'm not really sure if the price will definitely reach that level. What I do today is just sticking to DCA, not really thinking about what would be the future price of bitcoin 10 to 20 years from now.

That would have been the best thing that would have happened since I was born on a positive note because the few Bitcoin I hodl would have gained some massive profits for me thus I would invest massively on other physical projects like estate development and other profit earning venture unfortunately on the other side It would be painful to know how much worth all the sold Bitcoin would have amount to if I had decided not to sell any of my Bitcoin, above all the fact that I have the opportunity of being a Bitcoin enthusiast is a great feat as well as acquiring it via different means is another opportunity that worth mentioning.

If you're living in America you're expected to pay $400k tax on $1M bitcoin sale so isn't that exorbitantly against you? Paying taxes on profits from crypto isn't what ppl want because they're trying to max their income but losing it on tax. It's too much tax to pay it isn't fair.

Isn't there a country which welcomes ppl to retire there with 0% crypto tax I'd be getting the first plane for living there if I had a crypto porfolio worth millions. Would you emigrate to retire so you won't pay tax on anyhing you've earned from crypto?

Maybe I will really become a rich person in my area. My life might change drastically. But maybe I won't display my wealth. And prefer to live as usual. Even though right now it might still feel like a dream. But actually maybe in 2009 people didn't think that bitcoin would become as valuable as it is now. And it could be that in the next 10 years this question will actually become a reality. But maybe at that time the only people who will make a profit will be those who are strong enough to hold onto the bitcoin they have until that time comes. Because I'm sure that even when the price of BTC reaches $200k, most of the old holders will start selling. And new holders may emerge and from here new holders may emerge to higher prices which currently still feels like a dream.

If this happens, the excitement will be something else, my little investment will appreciate so much, this will also enable me to sought out some of my pressing needs with the amount I exchange it to, hodlers will become very rich, this will sound as an encouragement to potential investors, it will help the whole crypto market in general, because once Bitcoin appreciates in price all cryptocurrency will follow up to balance the equation, this event is an awaited event, every Bitcoin enthusiast has been waiting patiently for that period and time to come, the major investors that will benefit more in this kind of price increment is investor that comes from a nation with weak currency. 

Man, a million bucks a coin? Can you even imagine? My little stack of sats suddenly making me a millionaire... that'd be wild!  Don't get me wrong, I'd love to see it.  But realistically, we got a long way to go still.  Bitcoins gotta smash through all kinds of price ceilings first before we're picking out yachts and retirement villas. And you just know there will be tons of volatility and corrections along the way too.  We'll hit a new all time high and then boom, back down 30 or 40 percent.  Crypto don't move in straight lines thats for sure.  So if you're banking on $1 mil Bitcoin, strap in cause it's gonna be a bumpy ride.

Personally I think we'll get there eventually, but Im trying to keep my expectations reasonable. Market cycles and all that.  Just gotta hodl DCA, and have patience.  One satsday at a time.

Halving makes ppl begin to see dreams which aren't going to come true. Let's say bitcoin was valued at $1M it would be long. There's going to be prices falls or corrections while it's value increases but you're right it's going to take patience so there's a chance it won't happen for years.

The increase in Bitcoin's price would likely lead to increased volatility in the market. As more people buy and sell Bitcoin, the price would be more likely to swing up and down rapidly. This could make it difficult for businesses and individuals to use Bitcoin as a stable form of payment. It could also lead to more scams and fraud, as unscrupulous individuals try to take advantage of the increased interest in Bitcoin. And finally, a higher Bitcoin price could also lead to increased energy consumption, as the Bitcoin network uses a significant amount of energy to verify and process transactions.

A Bitcoin price of $1 million would be a huge milestone, and it would have a number of effects on everyday life. For one, it would make Bitcoin a much more common payment method. Many businesses would likely start accepting Bitcoin as a form of payment, and it would become much more common to see Bitcoin ATMs and other Bitcoin-related services. It would also likely lead to more widespread adoption of blockchain technology, as businesses and individuals would see the value in using a secure, decentralized ledger to track and record transactions.
Of course, a Bitcoin price of $1 million would also have some negative effects.

If I'm still alive by then, I have no idea how I'll explain how rich I'll be. It would take a very long time for Bitcoin to reach $1 million in value. Since Bitcoin would reach many ATH prices of $200k, $500k, $700k, and so on before reaching a million-dollar price, a great number of us will have been millionaires before then.

Although the growing adoption of Bitcoin by companies may indicate a fundamental change in how payments take place, there is also reason for great concern regarding the increased volatility of it The quick swings might make Bitcoin less useful as a reliable means of exchange. Yes, it is important to take the rise in frauds and the damage they are causing to the environment seriously.

Furthermore, industries other than banking could undergo a transformation if blockchain technology is widely adopted. But we also need to ask ourselves if society is ready to lessen the unfavourable effects that come along with these developments. Even though your claims are confusing, they make us think carefully about the balance we need to strike between progress and possible consequences. Will it be worth it to overthrow our established structures in order to achieve a decentralised future?