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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29473 times)
btcking101
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July 13, 2016, 03:12:11 PM
 #201

I think i wont affect me because i do not have much bitcoins.If i have any the obviously i will sell all of them and see how much i get in fiat..
umaOuma
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July 13, 2016, 03:15:34 PM
 #202

it will be a rare occasion when bitcoin really reaches $ 1m, so I'll sell all my bitcoin, and wait for fall to buy again.
because I believe when the price reaches $1m, it will not last long.

Exactly, we cannot expect stable price at $1m, so that would be the perfect time to sell all bitcoins and grabbed the huge profits as we may never see that price again.
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July 13, 2016, 05:54:23 PM
 #203

Interesting question (especially when I am holding some coins). Well, If bitcoin rose to $1M I will liquidate some part of it (probably 30%) and will still hold the coins not because I want more but in that case everyone would be accepting bitcoins and it will like dream coming true of digital economy with digital currency (I wouldn't mind to pay taxes). Well that’s a theoretical answer, the actual answer will depend on the situation.
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July 13, 2016, 06:21:12 PM
 #204

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).
If bitcoin rose to $1M,I would exchange into local currency about 90% of money I have

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Vikingr
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July 13, 2016, 06:55:44 PM
 #205

If this thing will happen i will travel all over the world with my family and i will fully paid the tuition fee of my kids and i think my bitcoin is enough to live my family stable
Nice, with that not alone you but we all will start a luxurious life and we will be able to buy anything in the world which nowadays only rich people and big business-persons are buying.
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July 13, 2016, 08:30:05 PM
 #206

I will sell all my coins if price reaches to that level, as it will be really stupidity not to sell at that price and if people will prefer to hold and not to sell then that will be the worst decision.
i think it will not be a worst decision because i can see the price more high that 1000. but i personally will sell my bitcoins at that price. because i think the market will take a little u turn and will give us an opportunity to buy it again. so i will certainly do buying again if the price drop below 800 at that time.
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July 13, 2016, 09:03:02 PM
 #207

I will get heart attack i think Grin Honestly it's gonna be really amazing to get some millions for free and live without work whole life.... ;DImagination

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July 13, 2016, 09:28:39 PM
 #208

I will sell all my coins if price reaches to that level, as it will be really stupidity not to sell at that price and if people will prefer to hold and not to sell then that will be the worst decision.
i think it will not be a worst decision because i can see the price more high that 1000. but i personally will sell my bitcoins at that price. because i think the market will take a little u turn and will give us an opportunity to buy it again. so i will certainly do buying again if the price drop below 800 at that time.

We are here discussing about  price reaching to million dollar and not 1000 usd, kindly read before you post anything, how can you expect bitcoin falling to $800 from 1 million dollar price?
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July 13, 2016, 11:48:14 PM
 #209

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).

your dream is very high imposible is one bitcoin price oni million dollar
is your dream will not is real,
your send 0,00001 btc equal 10k satoshi is same $10dollar, is fee send minimum 10k too, is crazy fee send $10, and then nothing people use bitcoin again one send fee 10 dollar
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July 14, 2016, 12:10:04 AM
 #210

I would sell some to cash in my profits and then hold some for later. It's hard to imagine that scenario anytime soon. I think we are going to have a slow increase for many years until bitcoin catches on as a mainstream from of payment.

 
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cambda
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July 14, 2016, 12:12:27 AM
 #211

I would sell some to cash in my profits and then hold some for later. It's hard to imagine that scenario anytime soon. I think we are going to have a slow increase for many years until bitcoin catches on as a mainstream from of payment.
Bitcoin will replace all payment methods for sure but it don't have that high potential to play in millions, that is not an realistic value to think off.
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July 14, 2016, 12:23:27 AM
 #212

If 1 bitcoin = $1 million
i will quit my day job, and will always with mmy family
start buying a land and build some house as investment
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July 14, 2016, 12:46:15 AM
 #213

If 1 bitcoin = $1 million
i will quit my day job, and will always with mmy family
start buying a land and build some house as investment

Yeah if price reaches to that level then we can buy almost anything with that amount, also for an luxury and also as an investment, I will too prefer to invest some money in real estates.


 
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July 14, 2016, 01:12:49 PM
 #214

it will be a rare occasion when bitcoin really reaches $ 1m, so I'll sell all my bitcoin, and wait for fall to buy again.
because I believe when the price reaches $1m, it will not last long.

Exactly, we cannot expect stable price at $1m, so that would be the perfect time to sell all bitcoins and grabbed the huge profits as we may never see that price again.

yes as examples ever experienced, when bitcoin prices reached around $1,200 when it the price really does not last long even dropped away, and to this day it is difficult to achieve over $1,000. then when the high price is a good opportunity to sell all bitcoin. because it will be difficult to repeat and if it happens, it will require a very long time.

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July 14, 2016, 01:19:38 PM
 #215

Then I will be a millionaire and would sell the bitcoins for buying a new house and starting my own trading or gambling site.
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July 14, 2016, 02:43:51 PM
 #216

will sell all of my bitcoins and will live like a kingg  Grin Grin Grin Grin
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July 14, 2016, 02:51:37 PM
 #217

If it happen, i will sell all my bitcoins and makes my family and my parents life to be good, no need to work, enjoying life and go to around the world.
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July 14, 2016, 02:56:30 PM
 #218

If it happen, i will sell all my bitcoins and makes my family and my parents life to be good, no need to work, enjoying life and go to around the world.
very kind family man, I think if bitcoin rises that up I will build my own business giving myself a chance to be called a boss I will buy my laxury cars and house and live a happy life in this world.

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cambda
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July 14, 2016, 02:57:22 PM
 #219

If it happen, i will sell all my bitcoins and makes my family and my parents life to be good, no need to work, enjoying life and go to around the world.

Yeah most of the people will do the same, as its a huge amount to achieve and I will sell all my coins without any hesitation and enjoy all luxuries.
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July 14, 2016, 03:01:56 PM
 #220

haha it's just a dream.. it;s never be happen.also there are nothing to impossible..... ) )

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