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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29471 times)
Mastercon
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August 05, 2016, 11:02:26 AM
 #321

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).
wow, really very high if the value of bitcoin translucent to $ 1M. I would not hesitate to directly sell them all. then buying new house  Grin

When the bitcoin price is very high, it must be popular. So you can buy a house with bitcoin directly.
Shibashi Dogemoto
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August 05, 2016, 11:04:59 AM
 #322

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).
wow, really very high if the value of bitcoin translucent to $ 1M. I would not hesitate to directly sell them all. then buying new house  Grin

If price reaches to that level in future then the best thing to do would be sell them off and grab the profits as it won't go much higher then that and you cannot afford to hold at that stage.
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August 05, 2016, 11:09:55 AM
 #323

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 half of my bitcoins but if bitcoin rose to $1M,we could literally buy anything with bitcoin directly so there would be no need to sell coins to buy myself house,car etc
p_linz
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August 05, 2016, 11:45:01 AM
 #324

sell some and buy nice things. also keep some and hope for another raise to maybe $2M Cheesy
but how fast would this be possible?
BTC Loading
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August 05, 2016, 12:16:57 PM
 #325

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 will request funds from venture capitalist and start a startup related to bitcoin eg(Bitcoin exchange site, install bitcoin ATM all over African and lastly i will apply for a license that will enable my implement bitcoin into banking system in African

Hola Grin Grin Grin Grin Grin Grin
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August 05, 2016, 12:21:30 PM
 #326

I will sell all my coins and get retire early from work and would travel the world with my family, but I doubt that we will ever see that high price of bitcoin in future.
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August 05, 2016, 12:24:44 PM
 #327

I will sell all my coins and get retire early from work and would travel the world with my family, but I doubt that we will ever see that high price of bitcoin in future.

Noting is impossible, it can actually happen. When all people in this world starting to use it, then it's so possible that this thing will be happening.

faucet used to be profitable
Betwrong
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August 05, 2016, 12:28:31 PM
 #328

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).

Haha, I'd sell more actually, but I'm glad to see that there are such commited holders. I know that now it lookks too unlikely, but I really think it's possible. If Bitcoin will be accepted for all payments the price of it will be even higher than $1M I think.

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ImHash
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August 05, 2016, 12:37:02 PM
 #329

I will burry them under ground for future generations. Cheesy Cheesy Cheesy.
or find some fools to buy them from me with that price.
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August 05, 2016, 03:59:25 PM
 #330

i think i should sell my bitcoin at that time because it will really be a good price for me.
but to me if the price of bitcoin even reach to 1M i still not going to sell my bitcoin because i have invested my bitcoin not for some months but i have in vested my money for years and i know that the price of bitcoin is going to reach 1M in next two months and it is also expected that the price of bitcoin will cross the 12oo USD level at the end of this year, therefore i am still not ready to sell my bitcoin in 1M and still going to hold it for more increase,
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August 06, 2016, 08:30:01 PM
 #331

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 half of my bitcoins but if bitcoin rose to $1M,we could literally buy anything with bitcoin directly so there would be no need to sell coins to buy myself house,car etc
Considering that I have about 10BTC, I will probably sell them all and live a happy life if bitcoin is supposedly to rise at $1M. I may reinvest some but generally, I will just have to live the rest of my life with those money. But saving half might get you more profits when bitcoin again rise to $2M per one bitcoin. But I need to live a comfort life as early as possible.
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August 06, 2016, 08:33:12 PM
 #332

I will burry them under ground for future generations. Cheesy Cheesy Cheesy.
or find some fools to buy them from me with that price.

Hahahah, that dream may be very silly. It could have happened, but if everybody really always use bitcoin transactions or indeed in any number of bitcoin far outweighs people using bitcoin. We just look forward, do the best job in the bitcoin so we can feel something fun
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August 06, 2016, 09:15:09 PM
 #333

I am sorry to be the bearer of bad news.

Bitcoin as it is will only fund the market as it is ... trading / specs / wan't to earn something .... etc.

LONG TERM :-  governments will close it down.

Really -- you expect a currency that will bring countries  like USA CHINA UK GERMANY down to continue ?

What I would say -- earn as much as you can as soon as you can --- then GET OUT.

1M68XehjYww77DLgwW9rk2zRid8Z8B7uw7 <-- my new BTC addy since Cryptsy took everything
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August 06, 2016, 09:17:46 PM
 #334

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 half of my bitcoins but if bitcoin rose to $1M,we could literally buy anything with bitcoin directly so there would be no need to sell coins to buy myself house,car etc
Considering that I have about 10BTC, I will probably sell them all and live a happy life if bitcoin is supposedly to rise at $1M. I may reinvest some but generally, I will just have to live the rest of my life with those money. But saving half might get you more profits when bitcoin again rise to $2M per one bitcoin. But I need to live a comfort life as early as possible.

Stop dreaming mates, $1m price is never possible for bitcoin to achieve in future and if you are hoping to see that price then you are surely wasting your time.

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Mastercon
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August 07, 2016, 10:40:07 AM
 #335

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 half of my bitcoins but if bitcoin rose to $1M,we could literally buy anything with bitcoin directly so there would be no need to sell coins to buy myself house,car etc
Considering that I have about 10BTC, I will probably sell them all and live a happy life if bitcoin is supposedly to rise at $1M. I may reinvest some but generally, I will just have to live the rest of my life with those money. But saving half might get you more profits when bitcoin again rise to $2M per one bitcoin. But I need to live a comfort life as early as possible.

Stop dreaming mates, $1m price is never possible for bitcoin to achieve in future and if you are hoping to see that price then you are surely wasting your time.

If 2 to 5% of the world population use the bitcoin, the bitcoin price will be $1 million or even higher.
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August 07, 2016, 11:03:44 AM
 #336

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).

Well at least you got the math right but in what world would the value of bitcoin rise to 1mil? But say that it actually rose to such a price, once it reached about $10k I would purchase about 5 bitcoin with a small loan and just watch it grow in value. Once the price peaked and starts falling I would exchange it for USD instead of AUD as USD is more dependable.
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August 07, 2016, 12:17:22 PM
 #337

Hm, when i see that the price of the btc is starting to rise and the predictions are good, Id probably try to get and hold as many btc as I can and when it hits the 1m mark, id sell all of my btc.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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August 07, 2016, 12:23:07 PM
 #338

Hm, when i see that the price of the btc is starting to rise and the predictions are good, Id probably try to get and hold as many btc as I can and when it hits the 1m mark, id sell all of my btc.

Yup that would be the best time to sell our coins so even if you have 1 btc in your wallet you can become a millionaire with it and that is enough money to live a luxury life.

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August 07, 2016, 12:31:41 PM
 #339

i think i should sell my bitcoin at that time because it will really be a good price for me.
but to me if the price of bitcoin even reach to 1M i still not going to sell my bitcoin because i have invested my bitcoin not for some months but i have in vested my money for years and i know that the price of bitcoin is going to reach 1M in next two months and it is also expected that the price of bitcoin will cross the 12oo USD level at the end of this year, therefore i am still not ready to sell my bitcoin in 1M and still going to hold it for more increase,

Really? You are not joking right?  If it reach 1M I would gladly convert it to fiat.  Fiat money is fiat money, you can use it  everywhere, anywhere and anytime.  It will be funny if you let your BTC rot in a place unused.  There are something in life that happens only once, so don't miss the opportunity.  Well that is if BTC reach 1m usd
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August 07, 2016, 12:34:15 PM
 #340

i think i should sell my bitcoin at that time because it will really be a good price for me.
but to me if the price of bitcoin even reach to 1M i still not going to sell my bitcoin because i have invested my bitcoin not for some months but i have in vested my money for years and i know that the price of bitcoin is going to reach 1M in next two months and it is also expected that the price of bitcoin will cross the 12oo USD level at the end of this year, therefore i am still not ready to sell my bitcoin in 1M and still going to hold it for more increase,

Really? You are not joking right?  If it reach 1M I would gladly convert it to fiat.  Fiat money is fiat money, you can use it  everywhere, anywhere and anytime.  It will be funny if you let your BTC rot in a place unused.  There are something in life that happens only once, so don't miss the opportunity.  Well that is if BTC reach 1m usd

it is a hypothetical situation but even hypothetically when and if bitcoin rises to 1mil usd then it means it is being used instead of fiat in that day and you don't even need to convert to fiat, you can instead use bitcoin directly everywhere in that hypothetical day.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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