brg444
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September 11, 2015, 04:28:10 AM |
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I would immediately empty my cold storage and sell all at market because it wouldn't be sustainable and it would surely correct the massively overbought condition. I would then buy back my whole holding amount in the $xxx (yep, that's triple digits) range and keep the other Billion or so Dollars. But that's just me and likely everyone else with a pulse. Don't lie to yourselves... You'd all do the same.
If Bitcoins reaches 1M$ I'm pretty sure something very wrong would've happened to the fiat world and I'm not certain there'd be any incentive to hold anything but BTC. If it happened tomorrow, it would have nothing to do with current financial problems. There aren't guys with piles of cash on exchanges, today, just waiting for the fiat system to collapse so they can market buy to $1M. Plus, Gov's around the world aren't going to just let go of power so easily. Capital controls will be in effect long before the end of fiat, and at that point, money will slow to a dribble into Bitcoin or any other crypto for that matter. Ya sorry I didn't notice "tomorrow".
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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adamstgBit
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Trusted Bitcoiner
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September 11, 2015, 04:31:45 AM |
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I would immediately empty my cold storage and sell all at market because it wouldn't be sustainable and it would surely correct the massively overbought condition. I would then buy back my whole holding amount in the $xxx (yep, that's triple digits) range and keep the other Billion or so Dollars. But that's just me and likely everyone else with a pulse. Don't lie to yourselves... You'd all do the same.
If Bitcoins reaches 1M$ I'm pretty sure something very wrong would've happened to the fiat world and I'm not certain there'd be any incentive to hold anything but BTC. If it happened tomorrow, it would have nothing to do with current financial problems. There aren't guys with piles of cash on exchanges, today, just waiting for the fiat system to collapse so they can market buy to $1M. Plus, Gov's around the world aren't going to just let go of power so easily. Capital controls will be in effect long before the end of fiat, and at that point, money will slow to a dribble into Bitcoin or any other crypto for that matter. Ya sorry I didn't notice "tomorrow". https://www.youtube.com/watch?v=ekib1Ay1dDY
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btccashacc
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Activity: 1120
Merit: 1000
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September 11, 2015, 06:52:04 AM |
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how to sell my bitcoin in "tomorrow time " i want to sell my 0.5BTC
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romjpn
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September 11, 2015, 06:59:46 AM |
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Traveling, spending time with my family, going hurricane hunting, master a skill (I'd like to be really good at billiard), surfing, investing, going to see the next live of a new group I love discovered on Youtube, just like that because it's awesome . You can do all of that to a modest extent on a regular budget. We want to hear about Mars bases and hovering prostitutes. I can't because I'm working full time and don't have much holidays. I could do that if I go freelance maybe but I live in Japan and it's difficult to get a visa while freelancing. You need enough savings which I don't have (overall 10k$ only). Regular budget yes. But I'm yet to have at least 1000$/month in income outside my job.
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---~~~***~~~--- http://InvestBitcoinGuide.com ---~~~***~~~--- Invest your bitcoins/altcoins into legit businesses. Get solid returns ! We hate scams and ponzis !
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NorrisK
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September 11, 2015, 07:05:23 AM |
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You all do realize that you alse need to generate income to support all the stuff you bought?
What happens when mister tax comes by every year to take some money for the value of you home and money? What happens to the maintenance of all your cars, choppers and giant mansions?
First thing would be to invest into some stuff that will generate at least 5% return a year on your total net worth. You can buy some nice stuff, but the rest you need to generate income to support your lifestyle...
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dinda22
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September 11, 2015, 07:14:23 AM |
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Amph
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September 11, 2015, 07:19:37 AM Last edit: September 11, 2015, 10:15:43 AM by Amph |
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I would immediately empty my cold storage and sell all at market because it wouldn't be sustainable and it would surely correct the massively overbought condition. I would then buy back my whole holding amount in the $xxx (yep, that's triple digits) range and keep the other Billion or so Dollars. But that's just me and likely everyone else with a pulse. Don't lie to yourselves... You'd all do the same.
i doubt that bitcoin would fall to triple digit, if we can reach 1M value, assuming 1M is feasible i guess that the new bottom would be something near it, because the price would have been very stable long before that happen, because, again, for huge adoption i'm assuming that huge adoption will happen tomorrow too, to make this whole story more legit, no individual can bring bitcoin to 1M per coin, without the help of the majority personally i would sell 1 btc and keep the rest
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neochiny
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September 11, 2015, 07:27:45 AM |
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what will i do if bitcoin=1million dollars? ofcourse. i will help my family first. convert some of it to cash. and i will do my best to help other people too for their life. ofcourse one thing is i will build up a bussiness that will give jobs to people..
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romjpn
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September 11, 2015, 07:38:19 AM |
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You all do realize that you alse need to generate income to support all the stuff you bought?
What happens when mister tax comes by every year to take some money for the value of you home and money? What happens to the maintenance of all your cars, choppers and giant mansions?
First thing would be to invest into some stuff that will generate at least 5% return a year on your total net worth. You can buy some nice stuff, but the rest you need to generate income to support your lifestyle...
It's fairly easy to put it in a low-risk/low interest account. Or even buy some nice houses and rent it. The more money you have, the easier it is to make even more. I know a bitcoiner in Japan who's living like this "Well, I just collect the interests and live without working". He told me he earn like ~35 000$/year (if I remember well) which is enough to live well.
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---~~~***~~~--- http://InvestBitcoinGuide.com ---~~~***~~~--- Invest your bitcoins/altcoins into legit businesses. Get solid returns ! We hate scams and ponzis !
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tonycamp
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September 11, 2015, 07:40:55 AM |
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well guys this its not even good for speculation i mean BTC at 500$ i could belive but not even 1000$ i belive for next 6 years soo guys stop this peculation soo nasty and not even with good imagination conected to reality
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tiggytomb
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September 11, 2015, 07:41:55 AM |
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Quit work, buy a house in a few countries. Make sure I have my family covered and a few other people and pretty much sit back and enjoy life.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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September 11, 2015, 09:44:40 AM |
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After initially passing out or being sick looking at the price I'd probably have a 3 day cocaine & hookers bender in Vegas. I'd then maybe go on a 2 week Caribbean Cruise & think about how I would spend my millions. I'm not a whale but at 1 million USD per bitcoin I'd never have to work again & in my world I'd be a very rich man. This is the best answer I've seen to the question in the OP Very clever ^^^^
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--Encrypted--
Copper Member
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hee-ho.
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September 11, 2015, 09:52:42 AM |
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I'll tell myself to wake up. if it's too good to be true, then it probably is. if it's not a dream, what I'll do depends on the value of dollar at that time.
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koryu
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September 11, 2015, 09:57:04 AM |
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I would realize some dreams f.e. book a sub-orbital spaceflight. Give some btc to all people I love. Build up my own company. But I plan doing all this even if btc never reaches 1m
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hoian0809
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September 11, 2015, 10:09:33 AM |
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I'd be living the good life. I would have the best designer clothes, the best car, the best house and go on the most exotic and amazing holidays. Basically my life would be utterly materialistic and that would be the way I would like it.
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darkangel11
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Don't let others control your BTC -> self custody
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September 11, 2015, 10:10:09 AM |
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buy more bitcoin before my dollars are completely valueless
Buy more with that price? Does it mean you have a couple million USD lying around? I'd cah most of it out and buy land and houses. Oh, and a helicopter! I always wanted to learn to fly those.
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kehtolo
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September 11, 2015, 10:18:13 AM |
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Most of the answers in here show me that a lot of you people aren't prepared for wealth.. you'd be poor again just as fast. Sorry to rain on the parade and all that...
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The next 24 hours are critical!
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gentlemand
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Welt Am Draht
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September 11, 2015, 10:48:44 AM |
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Most of the answers in here show me that a lot of you people aren't prepared for wealth.. you'd be poor again just as fast. Sorry to rain on the parade and all that...
It'll be fun while it lasts. And there'll probably be a few hookers left over to sell so they can buy a pitch in a modest trailer park.
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confirmation120
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September 11, 2015, 10:50:10 AM |
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If Bitcoin will reach $1M tomorrow , I'll immediately cash it out , pay all my debts with bonus interest then buy a house & lot and live happy like never before
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randy8777
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Activity: 896
Merit: 1000
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September 11, 2015, 11:18:29 AM |
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$999,760.25 profit per coin is fairly decent isn't it?
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