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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29473 times)
uquid
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July 31, 2016, 07:24:54 AM
 #281

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.
i totally agree about it hard to rose to $1M
it could be $1300 and more if governments accepted them as legal currency

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July 31, 2016, 07:26:54 AM
 #282

This is too much Cheesy İ'm student and 1BTC 1000$ is enough but i like more Smiley

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July 31, 2016, 07:45:20 AM
 #283

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 8 bitcoins so i would have 8 million $, and that will be enough for me to live good life actually because i would always have enough money

Senor.Bla
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July 31, 2016, 08:28:34 AM
 #284

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.

This is a very interesting thought. Most people assume that the price for bitcoin will rise to 1M and the Dollar will stay at his current value. But for some reason the Dollar could drop to 1/1000 of his value and then we would almost have the same thing. 1BTC = $1M.
The funny thing would be that the rate BTC/EUR could still be the same, in which case your would not get rich thru bitcoin but stay more or less the same. 

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July 31, 2016, 08:48:19 AM
 #285

I will buy things that i want and invest or sell the remaining bitcoin and also ill use it to help my family and convert it fiat to have a extra money Cheesy
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July 31, 2016, 09:00:57 AM
 #286

If bitcoin rise to $1M,I'll become millionaire and use that money to travel over the world Cheesy
Sniper44
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July 31, 2016, 09:45:33 AM
 #287

if this could happen today i would kick myself because i am not yet saved up enough bitcoin that i would love to.
but if i have some more time before it, that would be great because i would have a lot more and become a millionaire that way easily.

although all of this is hypothetical since it is never going to happen.

to the moon with bitcoin...
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July 31, 2016, 09:53:57 AM
 #288

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 my alts to BTC and I would sell 1 BTC for fiat. I'd keep the rest. And I'd retire.

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July 31, 2016, 11:26:14 AM
 #289

Bitcoin price is downing down 633$ Sad

Cuhua-hua
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July 31, 2016, 11:29:03 AM
 #290

This is too much Cheesy İ'm student and 1BTC 1000$ is enough but i like more Smiley

Hahah, everyone will surely be very happy. because they get a tremendous advantage when the price reaches $ 1000 + BTC +. Most of them already have a stash of many BTC when prices decline to under $ 300
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July 31, 2016, 12:36:04 PM
 #291

if that wver happened than everone will became rich because everyone can manage to save 0.1btc or 0.01btc atleast and if price jumped to $1m then every one will have $10000 :p LOL thats truely impossible atleast for rest of the 20years from now. our infrastructure is still a lot weeker if you are targating 1million
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July 31, 2016, 06:12:01 PM
 #292

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 8 bitcoins so i would have 8 million $, and that will be enough for me to live good life actually because i would always have enough money
Same here I will encash my bitcoin and live a happy life.  But i wouldn't stop trading it with altcoin because it is fun to see your holdings increase while trading.  I will also put up an online store and accept different altcoins there.  Will donate a bitcoin atm in the local neighborhood for more bitcoin promotion.

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ClownSpider
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July 31, 2016, 06:41:25 PM
 #293

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.

Seriously?  wtf?
It is already $650 now, and has been for some time.  It was not 300/400 when you posted!
Normal people, as you call them would deal in fractional BTC.  Are you new to bitcoin or completely fucking stupid?
Blackmet
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July 31, 2016, 07:05:43 PM
 #294

I don't know, if this will happen it more bad than good, cause many people will earn too much money at once and dollar will be really worthless at my opinion.

rajasumi2
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July 31, 2016, 07:48:54 PM
 #295

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 the price of btc rose up to 1 million i would be the happiest person on the earth  , then to be personal i would sell 0.5 btc which i think is huge ,i would enough money to  go to a expensive place and give my parents a happy time .they would probably think that how the hell i earned so many bitcoins .but to be honest i would be happy the most ..kudoos .. Smiley

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July 31, 2016, 08:23:54 PM
 #296

i am hopeful that at the end of the year the price of bitcoin will cross the 1000 USD level very easily but still i have noting to do with my bitcoin, still i have to hold my bitcoin because this time bitcoin is going to cross the 12000 psychological level, and after that i will think about my bitcoin that now what i have to do with my bitcoin .
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July 31, 2016, 09:08:42 PM
 #297

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 would go up to $1M then I would sell only 1BTC and starting to make a plan where to invest, probably on a startup, buying large company shares or open locally a business. And maybe I would invest opening/developing an exchange and make good profit.
blackmachinegun
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August 01, 2016, 01:30:49 AM
 #298

I don't know, if this will happen it more bad than good, cause many people will earn too much money at once and dollar will be really worthless at my opinion.
I think it is an impossible thing happens even to reach $ 1k only. bitcoin is still very difficult. how bitcoin prices could reach $ 1 million per bitcoin?
I thought it was an impossible thing to happen. and I will not see the effect of that will happen when it happens. it's just a waste of time
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August 01, 2016, 02:45:54 AM
 #299

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 price one milion dolllar every one bitcoin
ten thousand satoshi equal one hundred dollar is not ten dollar
if this price true acciden one bitcoin one million dollar
i think bitcoin is dead, not only one pople want sent bitcoin is every send fee 100 dollar
Yakamoto
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August 01, 2016, 02:55:24 AM
 #300

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 price one milion dolllar every one bitcoin
ten thousand satoshi equal one hundred dollar is not ten dollar
if this price true acciden one bitcoin one million dollar
i think bitcoin is dead, not only one pople want sent bitcoin is every send fee 100 dollar
Bitcoin probably wouldn't be dead, the wallets would more than likely start to add in more decimal places in order to make up for the increased value so that the users could compensate for the massive value change and not get shafted by old technology costing them more than they need. The good news would be, though, that it would only really cost 1 satoshi (or even smaller amounts depending on what happens) to send a transaction; something I think a majority of us would be able to do. It would be mind-bogglingly valuable, assuming each satoshi costs $100, which I think puts Bitcoin close to the $10m/BTC range. I'd have to go and check, or I could just be retarded and not sure how decimals work.
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