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

[hermanhs09]

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).

Whoa! Seeing that I have a few stashed away, I would cash them all in for sure, if it happens overnight of course. If it climbs up to that point in small increments slowly over time, then I would probably not have any coins left to sell at that point seeing as though i would of cashed them in at 10k or 100k 

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[tiggytomb]

Haha, if it ever got close to that price I think the majority of people would get shaky along the way up and already have sold their bitcoin unless you are really in for the ride.

[takingthis4]

Well IMO It is impossible for many years for bitcoin to reach it. Maybe in 50 years it will happen. If that happens ill immediately sell all my bitcoin and live a happy life using it.

in my opinion it will definitely happen sooner or later because the price of the bitcoin will have a lot of potential to grow i think so i doubt that we will have to wait half a century

i think that bitcoin will reach such huge numbers in like 15 years or so though anything might happen to the price i think, then i would just buy some stuff for myself i think and thats it

[ning_chang]

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).

first of all. I want to withdraw all my bitcoin, then I will buy a car or anything you want. because even though it is only 10,000 satoshi very big amount for me and is it enough for me to buy anything I want. but maybe not up to 1M Bitcoin. because if it happens I will not look for a job. because bitcoin is enough for me to live longer. 😂

[TemplarKnightUK]

Consider that the "maximum" price of BTC is around $70 million and $1 million per coin seems unlikely. Nevertheless, if we do achieve it, it means that BTC is already well integrated into the world and probably functioning as a major currency or means of settlement. In that case, what I do is exchange my satoshis for goods and services, like the weekly groceries

[Superways]

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).

That will be an amazing news for me then I will sell a little amount of my coins and so I will have a good amount of wealth with that little amount of bitcoins. and will start a side business.

[virtualkeybuyer]

we will be very lucky if the value of bitcoin reached to $1M, but I think that will not be reached sooner but it will take some years a hard struggle from the supporters to reach there.

[iv4n]

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).

Same as now, just I will not deposit in casino 0.15 btc, I will deposit 0.0001 and that would be around  100 $ or even more. And I would be very rich, probably I would invest in some business, like some real estates. Or I will open first bitcoin shop in my town.
There is like million ideas in my head, I think first I wouldn't know what to do. Probably I would go to some vocation to clear my head, to chill and then think what is best thing to do next, it would be crazy house in my head.
Well maybe something like that can happen in next 20 years. It sounds a bit impossible, but we can dream about it.

[agamasrori]

It's seem take too long time to happen, I think it's need about one hundred year's again to rose onto that amount. but if some of  mirracle hapen in this year that make the price of bitcoin is $1M. I absolutely sell all of my bitcoin.

[teddy5145]

If bitcoin rose to $1M there will be a panic sell all over the network and it will cause the price to go back to $500
Still, I would love to sell all of my coins if the price actually hit that number
Heck, I will do it even if the price reach $8k

we will be very lucky if the value of bitcoin reached to $1M, but I think that will not be reached sooner but it will take some years a hard struggle from the supporters to reach there.

It will take a long time for Bitcoin to reach that number, Bitcoin is already dominating the world if their price is high as that
Best to wish that It will dominate someday

[BitcoinPaw]

I am sure that many people will become a millionears at once and USA economics will start deteriorate cause many people just get a millions. I don't really know what happen to me and everyone who own bitcoins.

[Digital_Lord]

I would sell that is obvious why would why wait because maybe that value will go down so you will have to take these chances.
I do not know if it is even possible for the Bitcoin value to be that high.

I don't think so. bitcoin price is depends on the user's usage and demand. I don't think bitcoin users will let the bitcoin price to go that high. the bitcoin holders are just willing to sell their bitcoin anytime bitcoin reach to 1000$ . and when everyone starting selling their bitcoin then bitcoin price will start dropping again..
this procedure continues again.. so I don't think bitcoin will reach 1M$..

[babsalt1975]

1 btc = $1M, incredible. i will be disposing off 100 satoshi from my current bitcoin storage until my retirement.

[gentlemand]

I would buy personal mathematics tuition for all the morons on here who don't believe the price will ever go over a few hundred 'because people can't buy a whole coin'.

I'd throw in some personal finance education and suicide prevention too.

[sana54210]

I don't even want to know what I will do by then because that will never happen. Or it may happen, but at the time that it does happen, I'm probably already gone, and so are you.

But if this actually happened while we're still here, then rejoice my friends as the world's economy would be broken while we all try to dump our coins and thousands of people become instant millionaires and billionaires. Some would even become trillionaires, maybe.

[drwtsn32]

If this actually happens, none of us will do our jobs and will just register here for a sign campaign.
Sr. and legendary members would be millionaires by now too.
And bitcoin casino owners are billionaires.

[Sithara007]

If this actually happens, none of us will do our jobs and will just register here for a sign campaign.

Do you really think that the sig campaigns will continue to pay BTC0.001 per post, in case the exchange rates rise to $1,000,000 per coin? That means that for every post, you will get paid the equivalent of $1,000.

One grand for five minutes of work! Wow!

[Yakamoto]

If this actually happens, none of us will do our jobs and will just register here for a sign campaign.

Do you really think that the sig campaigns will continue to pay BTC0.001 per post, in case the exchange rates rise to $1,000,000 per coin? That means that for every post, you will get paid the equivalent of $1,000.

One grand for five minutes of work! Wow!

Eh, some people can be wishful and dream you know. /s

There's no way that most campaigns would give out anything more than maybe a few satoshi if Bitcoin was to hit $1m, and chances are there would be far more instances of campaigns not paying their members while the company that owns the campaign cashes out and bails. Some companies might stick around, but signature campaign opportunities will likely become either more scarce or expand far more than they are so far.

[Enotche]

If this actually happens, none of us will do our jobs and will just register here for a sign campaign.

Do you really think that the sig campaigns will continue to pay BTC0.001 per post, in case the exchange rates rise to $1,000,000 per coin? That means that for every post, you will get paid the equivalent of $1,000.

One grand for five minutes of work! Wow!

Eh, some people can be wishful and dream you know. /s

There's no way that most campaigns would give out anything more than maybe a few satoshi if Bitcoin was to hit $1m, and chances are there would be far more instances of campaigns not paying their members while the company that owns the campaign cashes out and bails. Some companies might stick around, but signature campaign opportunities will likely become either more scarce or expand far more than they are so far.

Yes, that is right. Already it was and we saw it. When Bitcoin began to rise, my campaign is to tighten the rules, thereby removing most of the participants.
If Bitcoin will grow so, then like you said, the campaign will pay a very small amount.

[praprata]

Will never happen. Can't see it staying higher that say 300/400 for any length of time. if it did it would price the normal person out of bitcoin as a currency. It would be bad for 95% of users if it were to go that high..

Anything can happen in bitcoin and it will also happen, but no one knows that when will it happen, But I am sure when all of the bitcoins are mined and every person of the world adopt and use bitcoin then I think at that time that amount will be reached.

It could happen but we all know that it is not going to happen, we know that if the price would it rise to a million everybody would sell there coins.
I even think that people would sell all there coins before the price even reached a million they would already sell at $100,000 for example.