In 20 years, what would you like to do with your bitcoin?

[MyBTT]

I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.

yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?

You guys are speaking gibberish. If you have 1000 bitcoin, you don't know how many people will be richer than you, but it will defenitely be less than 21k people.

People get this amount of bitcoin by being rich, or being early adopters. Either is highly unlikely for the both of you.

[uname]

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.

yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time

though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis

I think whatever you want to do in bitcoin 20 years to come? I hope you can gather a lot of bitcoin. because I think the cost of living will be greater in that year. and you have to collect a lot of bitcoin if you want to live comfortably

We must assume that situation would happen , as the year goes by the price our our common needs does  increase too, therefore we must  save bitcoin as much as we can  so that  in the future  we would live enough for our living. 20 years is  a long  game but  we would reach there no matter what.

if the situation can happen I hope to use bitcoin currency as day-to-heart. bitcoin certainly could become a global currency is good for all users?

[JumperX]

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.

yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time

though for that you would need a lot of bitcoins for the first time investment, i think that in 20 years i would like to use my bitcoins on daily basis

I think whatever you want to do in bitcoin 20 years to come? I hope you can gather a lot of bitcoin. because I think the cost of living will be greater in that year. and you have to collect a lot of bitcoin if you want to live comfortably

We must assume that situation would happen , as the year goes by the price our our common needs does  increase too, therefore we must  save bitcoin as much as we can  so that  in the future  we would live enough for our living. 20 years is  a long  game but  we would reach there no matter what.

if the situation can happen I hope to use bitcoin currency as day-to-heart. bitcoin certainly could become a global currency is good for all users?

Of course it will be the best for all users if bitcoin becomes global currency but I think it will take long time for it to happen as still there are many people who are unaware about the concept of bitcoins.

[kidoseagle0312]

Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...

What would you do if:

Bitcoin hit $1,000,000:
Bitcoin hit  $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?

Thanks for your opinions,

 -Lags

20years from now, Well I really don't know what will happen because I'm not a physic. As I noticed in your question Bitcoin 1,000,000$ is not realistic very impossible to be happen. But 1000$ can attainable and realistic to be happen. It can be by that time the bitcoin community is much more for sure strong.

[enhu]

A lot of us are probably just keeping bitcoin for investment in case it goes higher than what is expected and spend it later.
if i still have my bitcoin 20 years from now which could at least have more value, i might not be spending it for myself but for my daughter. 

[Zadicar]

I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.

yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?

You guys are speaking gibberish. If you have 1000 bitcoin, you don't know how many people will be richer than you, but it will defenitely be less than 21k people.

People get this amount of bitcoin by being rich, or being early adopters. Either is highly unlikely for the both of you.

I agree, 1000btc isnt  high as  you said because  there are more people who posses more than that amount , as they commonly said   maybe those rich people  who invested to bitcoin and to those early adopters for sure have a lot of bitcoin holding on their wallets.

[royalpalm]

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

That's a good idea, even if the price of bitcoin would stay  at $1000 per bitcoin, 100 bitcoin would still be a big amount, but I think it won't be enough for retirement... If in 20 years I am already nearing retirement, and if the price would stay at $1000, I'll just pull out my coins and convert it to fiat, I'll just engage in business and probably be accepting bitcoin.

In 20 years, if the bitcoin still exists, the price will be very high and it is widely accepted. So you can use it directly.

Yeah if bitcoin survives for next 20 years then surely it will be sitting on the moon and it will be used and accepted everywhere directly so we don't have to depend on fiat at that time.

Fiat is necessary actually, some poor countries can't have PC/phones to spend bitcoin, then fiat is their money.

[Xester]

It could be the first two.  I think it will not vanish as we know that as long as there were many users it will not be wipe out on the market.  Just let us continue to use it and our bitcoins will be all fine.  If it hits that first two in your list, I wish I have atleast 20 of them.  I could retire peacefully as it could help a lot in my retirement.

[coin_gambler]

I Would withdraw most of my bitcoin stock if bitcoin hit the 1,000,000 dollar mark and buy an island and do multiple great wastes of money like a private jet etc... that's all a worth of thinking time if bitcoin doesn't hit it though,
More seriously, If it hits 1.000 Then I would spend some bitcoins and keep holding for a bigger rise.

In order to do that, you need to have at least 1000 bitcoins. There will be no more than 21,000 people in the world having more bitcoin than you.

yeah even today, in a rare person who has more than 1000 bitcoin? 1000 btc will be equivalent to $ 600K. it is a very big money dude ? I took hundreds of years to get the total amount? yeah the problem is how to collect so many bitcoin?

You guys are speaking gibberish. If you have 1000 bitcoin, you don't know how many people will be richer than you, but it will defenitely be less than 21k people.

People get this amount of bitcoin by being rich, or being early adopters. Either is highly unlikely for the both of you.

well it depends on what time we are talking about, in the future as more people will be buying bitcoins i think we might see more people with that much money

[BeGoods]

Being able to spend my bitcoin at any shop I want is something I would like very much.
I don't need to buy 1 specif item, but just to know that my bitcoins are accepted everywhere will make me happy.

To see that scenario we will have to wait bit longer, as there are many countries where bitcoin has not reached yet and even people are not aware about it or how to use it.

bitcoin I think the future will be more accepted than it is today. because I believe bitcoin will continue to grow and of course users will continue to grow. if it keeps going. then traders will begin to accept bitcoin as their payment option. maybe a few more years you can buy specific goods with bitcoin

[Mastsetad]

A lot of us are probably just keeping bitcoin for investment in case it goes higher than what is expected and spend it later.
if i still have my bitcoin 20 years from now which could at least have more value, i might not be spending it for myself but for my daughter. 

That's right, if we could stay alive and obviously if bitcoin could survive which would i guess so the value would probably be really higher then what it is now, so on that time we would probably be spending our coins on our families because now a lot of us are single so earning for ourselves but at that time we would have families which would deserve what we earn.

[MariusAr]

Probably sell it, it will be huge

[Jonar21]

A lot of us are probably just keeping bitcoin for investment in case it goes higher than what is expected and spend it later.
if i still have my bitcoin 20 years from now which could at least have more value, i might not be spending it for myself but for my daughter. 

That's right, if we could stay alive and obviously if bitcoin could survive which would i guess so the value would probably be really higher then what it is now, so on that time we would probably be spending our coins on our families because now a lot of us are single so earning for ourselves but at that time we would have families which would deserve what we earn.

Think about what will happen in a number of years, is simply unrealistic. Of course, each building their own plans for the future, but the forecast is not grateful. Although I would not mind to earn a lot of money to bitcoin and go to Baden.

[Jonar21]

And if it is serious, according to the latest changes in the course bitcoin digital currency is still gaining momentum of its popularity. Even problems on the stock exchanges have not led to its sharp fall.

[bitsoldiers]

I will keep trading and go into full investment of btc..keep earning profit and spend on expences.... to earn more..create awareness for btc...will like everyone embrace btc..

[tygeade]

Bitcoin is giving me an opportunity to earn extra income and I will continue to do that till bitcoin is alive and will give my best to increase my coins in wallet.

[Sweetbtc]

I will sell it of course and that is because the value will also be much higher so that would be perfect for the most people with already Bitcoin but you need patience for it.
Or Bitcoin will be already the most used payment method in 20 years you never know.

Hopefully in the near future, most online transactions can be done using bitcoin. As of now, bitcoin is the only thing I use for online transactions; I wouldn’t need to convert it to fiat. Bitcoin for online, fiat for offline 

[Corenin]

I will sell it of course and that is because the value will also be much higher so that would be perfect for the most people with already Bitcoin but you need patience for it.
Or Bitcoin will be already the most used payment method in 20 years you never know.

Hopefully in the near future, most online transactions can be done using bitcoin. As of now, bitcoin is the only thing I use for online transactions; I wouldn’t need to convert it to fiat. Bitcoin for online, fiat for offline 

In future we will find many stores where we can spend it directly so even don't need to convert it to fiat which will save our conversion fees and it will be used for both online and offline.

[erickkyut]

if after 20 years i will be successful on bitcoin industry and if bitcoin will make me rich, i will invest all of my earnings and make my own business and also, i will build a foundation that will help the less fortunate to share all of my blessings

[mark coins]

if after 20 years i will be successful on bitcoin industry and if bitcoin will make me rich, i will invest all of my earnings and make my own business and also, i will build a foundation that will help the less fortunate to share all of my blessings

If your plan is to start your own business in future then I think you should make best efforts to collect as much as you can right now, as you can make higher profits if you have higher coins in your wallet.