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Altynbekova
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July 19, 2016, 01:47:30 PM |
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If Bitcoin would rise to $1M then I would sell some coins right away because there is no reason to be waiting any longer.
So many users would do the same thing try to sell their coins, that would be the only thing happening.
Yeah I agree because I would do the same thing there is no need to wait any longer if the price is that high so I would sell and quit. I would be rich if that happened but I am not getting my hopes up because I do not think that it will happen. |
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wadili89
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July 19, 2016, 01:59:42 PM |
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Id sell them all and retire with over 20m in usd. That is enough money for me and my family to live forever.
No this is not enough money for you and your family to live forever google "millionaire who spent or loss it all" there are many middle class people and once they were millionaire i would invest those 20m in a business |
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CoinFoxs
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July 19, 2016, 02:28:06 PM |
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If the price rise to such a big amount I'll try to sell all my bitcoin that have been saved in my wallet. The possibility for such an increase is really hard and unrealistic.
everyone is saying that they will sell all of their coins, i think with that you all are going to destroy bitcoin, as if everyone will throw their coins to the market the supply will be increased and the demand will be lower down and with that a big crash will occur and with that you will embrace bitcoin with a bigger challenge. No no there are many people who use their bitcoins in different businesses and in trading as well, so if the user sell their bitcoins then the buyer use their bitcoins in some other business that's why they are buying bitcoins and other possibility is they will hold their bitcoins right? so there is no chance of crash due to selling of bitcoins. |
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Superbitzz
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July 19, 2016, 02:37:12 PM |
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i will be no 1 rich in my country.
i dont think so. because 1$M is not such a high level.i can even see the price more high from that level. because if once the price of bitcoin cross that level then it will sky rocket. i think people well become more confident and they will try to buy more and more bitcoin. |
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topiOleg
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July 19, 2016, 03:53:46 PM |
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Id sell them all and retire with over 20m in usd. That is enough money for me and my family to live forever.
No this is not enough money for you and your family to live forever google "millionaire who spent or loss it all" there are many middle class people and once they were millionaire Sure, many who got rich quickly spent the millions very quickly away as well. But others were responsible, started own business or just lived out of it instead. In some places one million dollars is enought to live forever for your whole family, as it easily equeals to lifetime income from daily jobs there. |
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serjent05
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July 19, 2016, 05:05:58 PM |
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Well if that happen I will encash my bitcoin to the amount i wish to buy me stuff. I won't do it in one go because there is a possibility that the government tax office will come after me. Slowly but surely buying stocks and other stuff where I can invest the other half of my earned money from bitcoin. |
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avsbsports.eu
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July 19, 2016, 06:05:12 PM |
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i would sell them all and live happily ever after.  |
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crairezx20
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July 19, 2016, 06:30:14 PM |
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i would sell them all and live happily ever after. Thats a good choice but very hard to know when that price will happen.. this is very impossible to happen in bitcoin it takes a lot of time and a lot of investors to this price.. |
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takingthis4
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July 19, 2016, 06:46:22 PM |
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i will be no 1 rich in my country.
well you would still have to have the most bitcoins in your country then, in my opinion i would just sell a part of the bitcoins i have in order to have both fiat and bitcoins |
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richkellj
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July 20, 2016, 07:37:39 AM |
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And if it is possible I would sell all my bitcoin, and retire from the cryptocurency world. Then with the bitcoin sales results, I will use to create a business that I think will profit in the future But just dream i think -_-, because I think in the next 10 years bitcoin prices will not reach $1M. Thanks I surely would sell some of my bitcoins. With some i mean 90% or more. Because being a bitcoin millionaire is good, but a fiat millionaire is better. Problem is i think i would have sold my bitcoins way earlier, when it reached 10k probably. that would really be a good idea to do i think in order to make some money out of the price increase, i think i would sell half of my coins and then hold another half Just selling a half of your bitcoin will giving a much of profit. but for surely to sell all of the bitcoin if that situation happens, a lot of things you can to do that amount. maybe that situation will not happened for a second time. Well, considering that the price rose to $1M right now, then I think it would be wise to just sell the coins and ruin the economy of the world but I wouldn't really give a single damn about it because I want to live a peaceful life after selling my coins because I'll definitely be able to at least start my own business with it and live a happy life. |
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bitlancr
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July 21, 2016, 02:12:16 PM |
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Of course I would sell all my coins at once because then I would become a millionaire but I am not going to hope for this because I know the chance is small.
I not even have to become rich as long as I can do what I want to do.
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Mastercon
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July 23, 2016, 08:18:50 AM |
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Of course I would sell all my coins at once because then I would become a millionaire but I am not going to hope for this because I know the chance is small.
I not even have to become rich as long as I can do what I want to do.
When the bitcoin price is $1million, that will be many years away. You do not need to sell it, you can use it. |
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Kotone
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July 23, 2016, 10:02:18 AM |
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Then I would rather sell them all and start a living. I would start my business as a day job and stop earning bitcoin. Because that's the reason why I'm earning bitcoin, to gain profit. But its more secure if you use it to start another business. Because you own that business and you have this responsibility to maintain your business. Rather than earning bitcoins. You don't know when you are going to profit. You don't know if still you can gain a profit. |
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dragonusa9
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July 23, 2016, 10:10:57 AM |
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sell all of the bitcoin and restock all of the altcoin. because the logic of bitcoin rise altcoin down and bitcoin down altcoin rise.
and lot of people gonna sell their bitcoin afterward the fluctuation happened after that. so the profit is multiple a lot
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social crypto coin
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July 23, 2016, 10:26:04 AM |
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if bitcoin price 1 milion dollar every one coin
i want all in sell all my balance bitcoin
and like this and rich
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Mastercon
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July 25, 2016, 05:22:41 PM |
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if bitcoin price 1 milion dollar every one coin
i want all in sell all my balance bitcoin
and like this and rich
I will not sell my bitcoin then. I will just use the bitcoin and use it to buy things. That will help the circulation. |
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angaper
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July 31, 2016, 07:03:29 AM |
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Of course we never will see that price in our lives, because the multiple factors required to achieve that level are almost impossible to gather. I have read that the highest price that bitcoin could achieve given the better conditions should be not beyond $1300, and I personally think it is a very optimistic idea.
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20kevin20
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July 31, 2016, 07:07:18 AM |
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if bitcoin price 1 milion dollar every one coin
i want all in sell all my balance bitcoin
and like this and rich
I will not sell my bitcoin then. I will just use the bitcoin and use it to buy things. That will help the circulation. I don't think anyone will sell their money. Just like in 2013, we will all expect even a higher price, and will wait for +1.1M or something. And price will probably fall like it did in 2013, and the lucky ones will be rich again.. |
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Mauser
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July 31, 2016, 07:12:13 AM |
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If bitcoins are worth $1M it is more interesting what 1$ is still worth. In a hyper inflation the currency could become worthless and you might need 100k to buy a meal. If the price level is the same as today I would sell 1BTC just to have 1m$ on my bank account =) |
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Fatanut
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Activity: 1008
Merit: 1060
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July 31, 2016, 07:20:24 AM |
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Bitcoin having a price of $1M is too far-fetched right now. If the coin has risen up to that point, I think it's because almost everyone has converted their fiat money into bitcoins. That's like a 100% purely digital world, the marketplaces' transactions would be done via bitcoin. We don't know bitcoin's full potential so before I leave this community, I will leave a few amount of bitcoins in my bitcoin wallet just if ever bitcoin rise this high.
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