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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29471 times)
intrader
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June 30, 2016, 05:29:50 PM
 #121

I think nobody will hold bitcoin until rise to $1M except bought and forget and if I one day find my 1btc worth $1M I will sell and doing small business
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June 30, 2016, 05:52:40 PM
 #122

Everybody states how they will sell their coins, but well before the price reaches $1,000,000, there would probably be a large amount of merchants accepting bitcoin due to its popularity. Why sell what you can use directly? Either bitcoin is used worldwide and is the top currency or everything else has inflated to such extremes that bitcoin is the only reasonable option in the event that the price reaches that high.

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June 30, 2016, 05:56:37 PM
 #123

Would be a dream but sure no one would has such strong hands to don't sell their bitcoint when it reach thr 5000 dollars or even less, and even if someone pump  it to 100000 would still a problem that bitcoin maybe would frozen as there aren't such people with such amount to spend into bitcoin. The bitcoin range is around 1000 dollars at the moment and there are a big community with such power to buy it , if the price raise too much will be impossible to the current community keep supporting bitcoin.
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June 30, 2016, 06:24:48 PM
 #124

Well if it happens suddenly, maybe I would sell 50% of the total Bitcoin I have that time.
But if it happens slowly, I believe my Bitcoin wouldn't be more than 0.0005 BTC at that time.

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June 30, 2016, 06:26:55 PM
 #125

I would continue to HODL most of it.

I would use Bitcoins to purchase computer parts and make a new computer. This current computer does not have much more life in it.
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June 30, 2016, 06:29:24 PM
 #126

I would buy a couple islands Cool

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June 30, 2016, 06:32:48 PM
 #127

if bitcoin prices rose as high as it was, I would start selling my bitcoin, and then buy a house, and have fun, well $ 1M to 1 BTC it is a very large number. you can become a millionaire simply by having 10 BTC
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June 30, 2016, 06:34:31 PM
 #128

It is too imagination price of bitcoin will become $1M, keep be your mind  in real price of bitcoin for today or you will become crazy people of the imagination price of bitcoin.
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June 30, 2016, 06:40:50 PM
 #129

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).
so,if bitcoin reach $1M i will sell all my wealth before bitcoin reach that price Grin i reall want know bitcoin price before rise,not when rise up,if bitcoin reach $1M and i dont know before,its was useless,i just sell some bitcoin or use it for buy something.
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June 30, 2016, 07:49:11 PM
 #130

I think nobody will hold bitcoin until rise to $1M except bought and forget and if I one day find my 1btc worth $1M I will sell and doing small business
i think it might be hard to sell it then, it depends on where you live and what are the laws on bitcoin, in my opinion you might even not be able to transfer it because government would be curious where from you get those money

i think i would just hold it more until bitcoin conquers the whole world and replace all the currencies that we have right now, after that i would just sell it and that would be it

 
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June 30, 2016, 07:57:37 PM
 #131

I would buy a couple islands Cool
well then i guess you must have a lot of bitcoins at the moment if you would manage to buy even some islands, i would be curious how much you would be willing to pay for it

i would most probably invest my all money into something in order for ti to grow even more as i dont like my money sitting in my wallet, i think it is better to invest it somewhere
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June 30, 2016, 08:06:18 PM
 #132

the next question is how can you make sure your coin is safety from scam exchange, scam bitcoin wallet online, and who will buy your coin with $1M,  ?

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June 30, 2016, 11:14:58 PM
 #133

I would go on vacation for the next 3 years  Grin . Then return home and start investing my money (startups , trading, buying Google etc)
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July 05, 2016, 02:21:09 PM
 #134

Of course I would sell all my Bitcoin because there would be no reason for me to wait any longer if that happened. To be honest I do not think that I would be able to do that because I would have already sold all my coins when the price is $10,000.
So I would have no coins left to sell when the price would reach $1,000,000.
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July 05, 2016, 04:11:17 PM
 #135

I would continue to HODL most of it.

I would use Bitcoins to purchase computer parts and make a new computer. This current computer does not have much more life in it.
Better buy something that will give new a long-term profit and invesment because holding it for that will be not a good thing since you barely see a dump and pump on the coin's price.
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July 05, 2016, 04:17:23 PM
 #136

It will be great to see that higher price of bitcoin in future, but to be honest I don't think that price is ever achievable and it would be waste of time if you are holding your coins to sell at that price.
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July 05, 2016, 04:21:08 PM
 #137

I would continue to HODL most of it.

I would use Bitcoins to purchase computer parts and make a new computer. This current computer does not have much more life in it.
Better buy something that will give new a long-term profit and invesment because holding it for that will be not a good thing since you barely see a dump and pump on the coin's price.
While I do recommend the diversification of his portfolio, I think that there wouldn't necessarily be a dump coming if Bitcoin hit $1m dollars, but it all depends on what's happening with the market. I would think that Bitcoin hitting $1m would require some massive investment from large investors and maybe countries if they start to get involved, in maybe a decade or something. There would still have to be a far halvings to get the value up higher for the world to take notice.
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July 05, 2016, 04:40:22 PM
 #138

As much as I want to believe in bitcoin and think it is undervalued like crazy right now. I don't expect that $1 million for 1 BTC, is price achievable during our lifetime.
Why? Because:

1. We don't have market which will be able to sustain this kind of price influx.
2. People will crash the market before it will reach any significant value.
3. This kind of over the top price won't be backed by real properties of blockchain.

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July 05, 2016, 04:55:33 PM
 #139

Its a big dream but i think it will never happen but there's no bad to dream it.. so i think if the price will hit in that price i will convert all my bitcoins and withdraw it to start buy house and lot..  and start my own business..



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July 05, 2016, 05:00:55 PM
 #140

It is just a very big dream if bitcoin reach $1M for each than surely bitcoin lovers will gonna rules to be on the world, I will start enjoying my life my rules and dreams but it looking really hard to this dream will true quickly.
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