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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29475 times)
digaran2
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October 06, 2016, 12:24:56 PM
 #701

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
dezoel
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October 06, 2016, 01:18:41 PM
 #702

I do not have many Bitcoin but even I would sell my Bitcoin if the price was at one million because even with halve a Bitcoin you then can become rich.
I think that I would not be the only one everybody would be looking to sell there Bitcoin.

Yeah if price reaches to that point then everyone will prefer to sell all their coins and grab the huge profits and I think that is the right thing to do as after that price may crash down.

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23dzmaz
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October 06, 2016, 01:25:25 PM
 #703

If bitcoin rose to $1m, i will sell all my bitcoins all invest it at another sites or other cryptocoins. It's insane though, the price of bitcoin rise to $1m, it will be a big news around the world.
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October 06, 2016, 01:52:05 PM
 #704

If bitcoin rose to $1m, i will sell all my bitcoins all invest it at another sites or other cryptocoins. It's insane though, the price of bitcoin rise to $1m, it will be a big news around the world.

Exactly it will create an revolution in the financial world if it ever hits that price and people who are not showing any interest in using them at a moment will surely regret on their decision.
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October 06, 2016, 02:05:03 PM
 #705

Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting  1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.
The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.

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October 06, 2016, 02:06:33 PM
 #706

Sell them so I could be rich ofcourse
gerXhonza
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October 06, 2016, 02:09:38 PM
 #707

Next halving will happen within ~3.5 years, that is very short period of time to have bitcoin hitting  1 million dollars price levels. Bitcoin will be having continuously increasing demand rate but I am doubtful that demands are enough for worth a million dollars. But anything could happen with the bitcoin prices always as per history.
The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.

Exactly, adoption will have effects on the both ends, it can take price higher in future and if there are more users that will make more merchants to get into bitcoin and it will also attract many people to know about bitcoin who are not aware about it.
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October 06, 2016, 02:15:40 PM
 #708

Direct opposite of https://bitcointalk.org/index.php?topic=1438622.0

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).
since after increased priced we can't buy more price because it is very risky to buy bit coin to get profit in high peak price . but I will surely sell my hold bitcoin to get profit of wait .and I will start earn at faucet site .
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October 06, 2016, 02:44:35 PM
 #709

If price reaches to that level then there is no point in holding them after that, so I will definitely sell all my coins and convert to fiat and invest that money in real estate to earn good profits in future.
Sandroxa
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October 06, 2016, 03:10:12 PM
 #710

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.
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October 06, 2016, 03:24:16 PM
 #711

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.
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October 06, 2016, 03:32:38 PM
 #712

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.
I think its impossible that investors are will buy bitcoins if the price is $1 million because i think this is an successful price for bitcoin and the priority of every investors is to buy low and sell high..
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October 06, 2016, 03:35:05 PM
 #713

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.
I think its impossible that investors are will buy bitcoins if the price is $1 million because i think this is an successful price for bitcoin and the priority of every investors is to buy low and sell high..
Yes not all the investors at that price will be able to sell those bitcoins because there wont be much buyers at that time who will be willing to buy bitcoins at such a high price,only few lucky and fast ones would be able to sell some of those coins.
UnknownEye
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October 06, 2016, 03:37:17 PM
 #714

Correct be wise and practical, i think that is like what i do in my bitcoin if that price would rose to 1 million dollar, but this is not going to happen we are only dreaming someday bitcoin price will be much higher than price right now.

Ya just like you said,for now,the price for bitcoin is $6++ for 1 Bitcoin.For rising into 1 million dollar is impossible.May possible but i don know how long it will take.Maybe when the price for bitcoin already reach 1 million dollar,we already have gone from this world. Cheesy
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October 06, 2016, 04:12:31 PM
 #715

Correct be wise and practical, i think that is like what i do in my bitcoin if that price would rose to 1 million dollar, but this is not going to happen we are only dreaming someday bitcoin price will be much higher than price right now.

Ya just like you said,for now,the price for bitcoin is $6++ for 1 Bitcoin.For rising into 1 million dollar is impossible.May possible but i don know how long it will take.Maybe when the price for bitcoin already reach 1 million dollar,we already have gone from this world. Cheesy

Yeah and I don't think that bitcoin will ever hold that high price in future, its really struggling even to cross the price of $1k since long time and $1M seems to be out of the reach.
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October 06, 2016, 06:38:21 PM
 #716

What do you expect that people are going to do when the price is this high, nobody is going to buy I am sure of that because most people cannot afford that.
Everybody would just sell everything that they would have it would be crazy for sure.

how can you be sure that no one will buy, whereas when the price rises to $1m since it is the number of requests has increased and that many buyers automatically.
i'm agree with him no one will buy bitcoin if reach $1m, that's a very high price to reached by the people and have a risk the price goes down anytime because if no one people interested to buy bitcoin so the price will start falling down.

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October 06, 2016, 06:46:40 PM
 #717

I really would be happy but on the other side is the fact that I do not see this happen because of the fact that 1 million is just way too much for the bitcoin itself.
It would be a dream that comes true but I do not see this happen at all.
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October 06, 2016, 06:53:26 PM
 #718

The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.
Yes, spreading awareness on bitcoin so that people are adopting bitcoin then we will be seeing the magic of having bitcoin price levels testing million dollars. Million dollars per one bitcoin is definitely going to happen but when is the mysterious to all of us. Hopefully that may happen around introducing lightening network implementations.
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October 06, 2016, 11:58:56 PM
 #719

The one and only prime factor : adoption rate of bitcoin by people and merchants will be deciding the price level of bitcoin. But expecting million dollar levels in quick time is meaningless.

When more number of people are adopting bitcoin they will enforce merchants to adopt bitcoin at the same time when giant merchants adopt bitcoin payment they will attract more people to adopt bitcoin payments. Adoption rate is the key here.
Yes, spreading awareness on bitcoin so that people are adopting bitcoin then we will be seeing the magic of having bitcoin price levels testing million dollars. Million dollars per one bitcoin is definitely going to happen but when is the mysterious to all of us. Hopefully that may happen around introducing lightening network implementations.


I don't think that price of bitcoin will be in millions in future, its too high price and not possible to achieve in a real life and even if bitcoin hits the mainstream, maximum price we can expect is $10k.
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October 06, 2016, 11:59:56 PM
 #720

Uhmm i dont know what to do because tbh it never came into my mind that price would rose into $1M in the future. But if ever(even its really impossible) i would buy a lot for my family that i am going to build.
Just think about it that you have 1 bitcoin already and the price of that bitcoin is almost $1M dollar and now think what to do with it are you going to buy an house and lot ? or you will going to spend that all with your family and love once and i think like what you say it is impossible that bitcoin will be grose to 1m
If bitcoin rise to 1 million every one who earn bitcoin is going to be rich for sure and they know what to do next and think of what you are going to do buying house and lot with your money is just like wasting money try to build business first and thats a good idea to have money again
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