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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29471 times)
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September 06, 2016, 11:09:57 AM
 #481

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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September 06, 2016, 11:12:35 AM
 #482

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.

Yeah price rise and fall will always be a part of bitcoins but if I ever see the price of $1m then I will not hesitate in selling all my coins as price may crash after that so I can buy some more.
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September 06, 2016, 11:17:39 AM
 #483

We will be millionaire's, someone will have a lot, others a bit less, anyway we will be very very rich people here on forum. And question is if bitcoin come to that price of 1 000 000 dollars for one btc, can for couple years go to 2 000 000 millions or even more? I didn't calculate exactly, but 1 satoshi can be 1 dollar one day? I remember I read about it somewhere here.
For now I will be happy if we see 1 000 dollars for 1 btc, and that is enough for this year, when we come to this price we can think about 2 000 dollars. We need to go slowly, without hurrying, cause that is good way for looooong running.



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September 06, 2016, 11:43:02 AM
 #484

I would buy a nice bmw with my 0.1btc Cheesy Since it won't be able to rise any  further i makes sense to spend coins from that price point. USD will have no value when the prices reach high by the way. So maybe, our 1btc will buy what you can buy with 600$ now, but, your 600$ won't have the same buypower when the prices reaches 1m$

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September 06, 2016, 11:47:19 AM
 #485

I will sell all my coins and travel the world with my family, and I will also buy luxury cars and home with it as I know that after that I don't have to work anymore.
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September 06, 2016, 04:10:21 PM
 #486

I see a lot saying they would sell all their bitcoins. But I think if everyone sells their coins, the price will drop drastically.

Who would care for that? Everyone will see the profit they will be getting so they wont think about something like price may drop if we sell them all but they will just do it for earning profits man.
For sure all people or most people would surely  sold all their  bitcoin as  much as they can  because  they would get easily be a millionaire but as expected   first come first served basis  since  most people would sell all their  holding and the price would surely dump hard  or even die i guess. haha

Everyone will their coins at that price and at that time they will not care about the price of bitcoin in future and once they get millionaire they may even stop using bitcoins.
i think all the people would be selling their coins then and it wouldnt be good, i would most probably still just hold it and thats it

 
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September 06, 2016, 04:12:22 PM
 #487

I see a lot saying they would sell all their bitcoins. But I think if everyone sells their coins, the price will drop drastically.

Who would care for that? Everyone will see the profit they will be getting so they wont think about something like price may drop if we sell them all but they will just do it for earning profits man.
For sure all people or most people would surely  sold all their  bitcoin as  much as they can  because  they would get easily be a millionaire but as expected   first come first served basis  since  most people would sell all their  holding and the price would surely dump hard  or even die i guess. haha

Everyone will their coins at that price and at that time they will not care about the price of bitcoin in future and once they get millionaire they may even stop using bitcoins.
i think all the people would be selling their coins then and it wouldnt be good, i would most probably still just hold it and thats it

I don't see any point in holding at that stage, as if people will see that high price then everyone will start selling their coins which can take price down after that, and may be we won't see that price again.
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September 06, 2016, 04:51:30 PM
 #488

I see a lot saying they would sell all their bitcoins. But I think if everyone sells their coins, the price will drop drastically.

Who would care for that? Everyone will see the profit they will be getting so they wont think about something like price may drop if we sell them all but they will just do it for earning profits man.
For sure all people or most people would surely  sold all their  bitcoin as  much as they can  because  they would get easily be a millionaire but as expected   first come first served basis  since  most people would sell all their  holding and the price would surely dump hard  or even die i guess. haha

Everyone will their coins at that price and at that time they will not care about the price of bitcoin in future and once they get millionaire they may even stop using bitcoins.
i think all the people would be selling their coins then and it wouldnt be good, i would most probably still just hold it and thats it

I don't see any point in holding at that stage, as if people will see that high price then everyone will start selling their coins which can take price down after that, and may be we won't see that price again.

Yes, I will also sell my all bitcoin & do.rest for entire life. And I think all people will do that. But I think it won't happen at all. If this happen then it will be a miracle.
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September 06, 2016, 05:06:19 PM
 #489

I see a lot saying they would sell all their bitcoins. But I think if everyone sells their coins, the price will drop drastically.

Who would care for that? Everyone will see the profit they will be getting so they wont think about something like price may drop if we sell them all but they will just do it for earning profits man.
For sure all people or most people would surely  sold all their  bitcoin as  much as they can  because  they would get easily be a millionaire but as expected   first come first served basis  since  most people would sell all their  holding and the price would surely dump hard  or even die i guess. haha

Everyone will their coins at that price and at that time they will not care about the price of bitcoin in future and once they get millionaire they may even stop using bitcoins.
i think all the people would be selling their coins then and it wouldnt be good, i would most probably still just hold it and thats it

I don't see any point in holding at that stage, as if people will see that high price then everyone will start selling their coins which can take price down after that, and may be we won't see that price again.

Yes, I will also sell my all bitcoin & do.rest for entire life. And I think all people will do that. But I think it won't happen at all. If this happen then it will be a miracle.

Yeah its hard to believe that bitcoin can achieve that price in future, and if we ever see that high price then the best decision would be to sell everything that we have and grab the profits.
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September 06, 2016, 05:14:28 PM
 #490

I see a lot saying they would sell all their bitcoins. But I think if everyone sells their coins, the price will drop drastically.

Who would care for that? Everyone will see the profit they will be getting so they wont think about something like price may drop if we sell them all but they will just do it for earning profits man.
For sure all people or most people would surely  sold all their  bitcoin as  much as they can  because  they would get easily be a millionaire but as expected   first come first served basis  since  most people would sell all their  holding and the price would surely dump hard  or even die i guess. haha

Everyone will their coins at that price and at that time they will not care about the price of bitcoin in future and once they get millionaire they may even stop using bitcoins.
i think all the people would be selling their coins then and it wouldnt be good, i would most probably still just hold it and thats it

I don't see any point in holding at that stage, as if people will see that high price then everyone will start selling their coins which can take price down after that, and may be we won't see that price again.

Yes, I will also sell my all bitcoin & do.rest for entire life. And I think all people will do that. But I think it won't happen at all. If this happen then it will be a miracle.

Yeah its hard to believe that bitcoin can achieve that price in future, and if we ever see that high price then the best decision would be to sell everything that we have and grab the profits.
Yeah so collecting bitcoin is the best to do right now collect more bitcoins and save it and the more you have bitcoin you are lucky more profit you can make if the price of bitcoin will goes 1m each bitcoin.. 



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September 06, 2016, 05:14:46 PM
 #491

Selling all my bitcoins is something I will never do. Bitcoin has some sentiment to me. Even though it is relative long i love the fact that i got bitcoins and I was not very late (2014).
I will however sell a sufficient amount of bitcoin to make sure i can get the most of it. Although when the price goes to 1M I don't expect a dump to let's say 500.000 USD.
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September 06, 2016, 05:19:00 PM
 #492

We will be millionaire's, someone will have a lot, others a bit less, anyway we will be very very rich people here on forum. And question is if bitcoin come to that price of 1 000 000 dollars for one btc, can for couple years go to 2 000 000 millions or even more? I didn't calculate exactly, but 1 satoshi can be 1 dollar one day? I remember I read about it somewhere here.
For now I will be happy if we see 1 000 dollars for 1 btc, and that is enough for this year, when we come to this price we can think about 2 000 dollars. We need to go slowly, without hurrying, cause that is good way for looooong running.

Yeah it would be great for me too if it only reaches 1000$ this year or in starting or next year because till i have joined bitcoin i haven't seen the price going that much high and i would surely sell some of my coins if it goes there.
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September 06, 2016, 05:59:51 PM
 #493

If i do not have any bitcoin saved then i will feel pardon but if i do save some from now then maybe things will not be that worse anyway if it ever happen i will surely gonna celibrate it with a party  Grin like those old days of bitcoin halving
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September 06, 2016, 08:29:46 PM
 #494

I would not even know my man. Live life to the fullest  Grin
tinus42
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September 06, 2016, 08:37:05 PM
 #495

If a bitcoin worth 1 million, then we will have 21 mil millionairess out there.
I know, have to remove lost coins, a person have more than one coin, etc. At the end, still a lot of millionairess.

There are currently between 15 and 35 million millionaires in the world. Bitcoin would double that. I could see it happen one day.

http://www.cnbc.com/2015/06/24/how-many-millionaires-in-the-world-it-depends.html
springgers
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September 07, 2016, 10:54:59 AM
 #496

I would keep them and wait for the price to rise! Tongue , I doubt that is happening anytime soon though and probably might be the case if/when bitcoin has taken out the place of fiat and is the main processing unit "and people might be dealing in satoshi's lol".
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September 07, 2016, 11:15:08 AM
 #497

I don't think that bitcoin can ever see that high price in future and if we are waiting to see that price then we are surely wasting our time as that is unrealistic value to think of.
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September 07, 2016, 01:30:47 PM
 #498

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.
wuvdoll
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September 07, 2016, 01:48:06 PM
 #499

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.
But in the process of buying at selling at higher prices and lower prices, you also have the chances to miss out some price ranges as no one will be able to cover all the swings of price movements. When bitcoin is hitting $1M price levels, I will be start using my bitcoins and keep on holding for the target of $10M for my grandson.
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September 07, 2016, 01:48:19 PM
 #500

I will sell all bitcoin I have. I am aware that bitcoin will be the strength of the world economy is very large. bitcoin prices will increase by several times.
I will sell my bitcoin too. but not because I want to left bitcoin. but because of the hope of get more bitcoin. as you say price increase several times, it will decrease too.
this is the best strategy to sell bitcoin in high rates and when price decrease buy bitcoins again with your money.

Exactly and its better to sell all coins if it touches that price as there is no point in holding at that stage as price will surely drop after that as almost all users will sell their coins to become millionaire.
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