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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29519 times)
helloeverybody
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June 18, 2016, 11:24:18 PM
 #41

If they got to 1 million each my problems i sold then have would be trying to cash out  such stupid amounts of money.  I'm pretty sure most of it would disappear in one tax or another.  The possibility of this happening in my lifetime id put at about 0 though.

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June 18, 2016, 11:32:18 PM
 #42

Id sell them all and retire with over 20m in usd. That is enough money for me and my family to live forever.

You are implying that the dollar would not collapse in "forever".
Sorry but people that are planning in selling 100% of his Bitcoin position ever are morons. You always have to have a certain % of hedge against fiat currencies in bitcoin or gold.
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June 18, 2016, 11:42:15 PM
 #43

sell all is the right choice and is a good opportunity, because of the high prices never last long.

and I will use the money investing in real and bitcoin.

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June 19, 2016, 12:35:25 AM
 #44

I'm sure that most of the users of bitcoin will also sell their coins because it's the right time to make million of dollars. When i sell my bitcoins and got $1 Million, i will keep the half of that amount to invest it again on bitcoin because if most of the users will also sell their coins im sure that the price will have a huge drop and if that happens, the best option to do on that situation is to buy bitcoin as much as we can.
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June 19, 2016, 05:20:30 AM
 #45

Live out a happy life, I suppose. Would probably diversify investment into a variety of things and otherwise sit on a stack of Bitcoins. If Bitcoin were to soar to something like that, it seems almost inevitable that it would have to be a practical currency that could be used for virtually anything, so actually, "cashing out", would probably be meaningless--I mean really, why would you cash out to dollars (which are guaranteed to lose value over time) when you already have a spendable store of value that has proven itself a million-fold Tongue

...Unless the reason Bitcoin is worth $1M is because the dollar has become completely worthless. In that case I'd probably end up dying in some war or another sparked by the global instability caused by the financially insolvent (but heavily armed) United States.
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June 19, 2016, 05:39:18 AM
 #46

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).

I would sell all my bitcoin and of course will stop using bitcoin. ha ha , but I think this will not happen, because if it happens it will affect bitcoin could just disappear. Thank you
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June 19, 2016, 05:45:15 AM
 #47

I will buy a variety of items that can help me develop bitcoin. then I would invest in gold in the real world. invest in both places is the right choice and realistic.
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June 19, 2016, 06:11:55 AM
 #48

I will sell it without any hesitation and spend my money to buy house and going to vacation in every country and i will give some donation to church
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June 19, 2016, 06:21:05 AM
 #49

Well, if bitcoin rose to $1M then it probably proves that the fiat monetary system has already collapsed. Inflation is probably widespread and a lot of people will be trying to get into bitcoin.

I would personally hang onto my coins, or just spend it like any currency.
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June 19, 2016, 06:45:35 AM
 #50

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).
I will travel all over the world, and will buy anything that I want having said that if 1BTC worth $1M.
Somebody hold a good amount of BTC, they would become multi millionaire or billionaire too.

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June 19, 2016, 06:46:45 AM
 #51

1M per 1 bitcoin then what will happen to fiat ? even not all much much people can be rich , and if i have 1 coins with $1M value i will make new company  Grin
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June 19, 2016, 06:53:13 AM
 #52

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).

yes this could happen one day. but if 1 dollar (in the future) has a low value (100 dollars = 0,01 $ actually dollars) I think you can't really enjoy "million of dollars" due inflation.
there is the gain because now you can save with 1 dollar 0,0015 btc , in this scenario they will receive a strong revaluation but "useless" as stated before for inflation (so you can exchange for 1500 $ but the "power" for buying will be the same! = 1 $!)

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June 19, 2016, 07:34:51 AM
 #53

If bitcoin rose to $1M, I certainly will be happy to withdraw some of my money.
Still, Bitcoin is money, and money to spend rather than save. Moreover, I very need money.
I would buy a lot of things I needed, as well as probably would be engaged in business.
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June 19, 2016, 07:36:33 AM
 #54

Lol if it rises to even 10k I will be very happy  Smiley
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June 19, 2016, 07:44:02 AM
 #55

If Bitcoin price reach this $1M i would sell my coins and it's enough for me to make good fortune .

But i don't think that's possible at least in the nearest future.
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June 19, 2016, 07:53:40 AM
 #56

well probably , I will withdraw all my money from bitcoin then start up my own business   because if that will happen  my bitcoin online is  at risk of being scammed so better to  sell it than to lose it all.

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June 19, 2016, 08:00:02 AM
 #57

cash it out and start up my own business , million dollars is a big amount of money so   if we start up a  business   we will have a big capital and if you have a big capital chances are you can gain more  so better to use it on real world than stock it on computer

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June 19, 2016, 08:02:32 AM
 #58

I gonna sell them all and  be relax  atleast a year then start up my own business and make that money grow  well  after all 1 million dollars is really a big money  I think you can even relax for your entire life
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June 19, 2016, 08:14:23 AM
 #59

sell all is the right choice and is a good opportunity, because of the high prices never last long.

and I will use the money investing in real and bitcoin.
yeah bitcoin prices high regardless of the time you have to be clever in determining the right time to sell your bitcoin. because of the high prices will not happen for a long time :/

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June 19, 2016, 08:19:16 AM
 #60

I have save some bitcoin. If the price becomes $1 million, I will use some. In fact, when the price reaches $100,000, I will start using it.
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