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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29471 times)
rickadone
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October 04, 2016, 08:08:48 AM
 #621

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.
Your dreams will come into real very soon but I fear you may loose your teenages at the time. Yes, rising towards $ 1 million for one bitcoin is highly possible but not in quick time, it may take decades. But still you will be having your dream amounts of money by having more number of bitcoin instead of just holding 0.1 bitcoins.
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October 04, 2016, 08:10:49 AM
 #622

That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.
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October 04, 2016, 08:29:14 AM
 #623

That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.

Yeah if price reaches to that price in future then it would be worst not to sell them at that point, I will surely sell all my coins and retired from work and enjoy lavish and luxury life thereafter.
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October 04, 2016, 08:31:37 AM
 #624

That is easy because I would sell them all right away because why would I still hold on to them if the price is higher the ever, you would be stupid if you did not sell.
It would be crazy if it happened but I do not think that it ever will happen.


Everyone would be selling, because people hold their coins just for the purpose of earning profits through this process and if the price reaches that mark then there would be no purpose for holding them anymore so every will sell them keep the money.
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October 04, 2016, 08:56:58 AM
 #625

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.

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neonshium
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October 04, 2016, 10:34:27 AM
 #626

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.
I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.
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October 04, 2016, 10:36:23 AM
 #627

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.
I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.

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Senor.Bla
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October 04, 2016, 10:41:45 AM
 #628

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.
I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.
on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

mark coins
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October 04, 2016, 10:49:46 AM
 #629

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.
I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.
on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

If price ever reaches to $1m then everyone will prefer to sell their coins and that will make price crash in coming time and we don't know how low it can fall so instead of holing them longer its good to sell them at that price and secure profits.
BitWhale
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October 04, 2016, 10:56:48 AM
 #630

I'd sell 1 bitcoin and buy a loaf of bread. If 1 btc was 1m dollars each, it'd probably be because the usd hyperinflated to shit.
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October 04, 2016, 11:07:24 AM
 #631

For example if by that time I have 10 btc in my wallet then I will sell my 9 btc and enjoy the profits and will hold 1 btc for future as we never know how higher it can be in future.
Senor.Bla
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October 04, 2016, 11:07:30 AM
 #632

The answer is obvious i will sell most of my bitcoins,live a rich life and help as much people i can.But i doubt this will ever happen,sounds like a dream.

I would also sell most of my bitcoins, go to some countries I want to visit with my family, buy a dream house, buy a car, and start a business.

and I would keep a little amount of my bitcoin probably for my will to my children and grandchildren.
I am also will be planning for a running a very good business once bitcoin hit $ 1 million per one bitcoin price levels. If I'm having more bitcoins after my business requirements, I will prefer to hold them again and I will be waiting for bitcoin prices to hit $ 10 million price levels.

If you don't sell your coins at $1M and prefer to hold them till it reaches to $10M price then that would be the worst decision of your life and your greedy nature will leave you nothing in your hands.
on the other hand if you sell your bitcoins at $1M and the price goes up to $10M then selling would be the worst decision of your life and everybody will lough at you since you are poor because you where to afraid to hold longer.
as you see there is no way to say where you should sell, since everybody would do it.

If price ever reaches to $1m then everyone will prefer to sell their coins and that will make price crash in coming time and we don't know how low it can fall so instead of holing them longer its good to sell them at that price and secure profits.
sorry but that is not how it works. you can not just make up a number at where everybody will sell and not before. why would nobody sell at $0.95M causing the price to crash? reminds me of certain people claiming the eifel tower must fall apart at a certain height.

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October 04, 2016, 12:31:18 PM
 #633

i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city  Grin  after that, i will buy some product to fill in my house and i want to buy new house  Grin but its need take times for more than 3 years before its happen, and i really hope  Grin
Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money
I thought better of you think it's rational. The price may not be the case. whenever the price is not going to happen, what will happen to currencies other than the dollar if the price of a bitcoin reach $ 1? and on the other I'm sure there are many people who will sell all their bitcoin current high prices even before it reached the price
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October 04, 2016, 12:41:18 PM
 #634

i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city  Grin  after that, i will buy some product to fill in my house and i want to buy new house  Grin but its need take times for more than 3 years before its happen, and i really hope  Grin
Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money
I thought better of you think it's rational. The price may not be the case. whenever the price is not going to happen, what will happen to currencies other than the dollar if the price of a bitcoin reach $ 1? and on the other I'm sure there are many people who will sell all their bitcoin current high prices even before it reached the price


Yes and I don't think that people have that high level of patience to hold their coins till it reaches in millions, majority of users will dump their coins even if it touches to $10k in future.
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October 04, 2016, 02:04:20 PM
 #635

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.
I would sell all of my Bitcoin because why would I wait for the price to be even higher when it is already at 1M.
There is no reason for me to wait anymore just I would sell them all at once.
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October 04, 2016, 02:06:20 PM
 #636

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.
I would sell all of my Bitcoin because why would I wait for the price to be even higher when it is already at 1M.
There is no reason for me to wait anymore just I would sell them all at once.

Exactly and there is no point in  holding them at that stage as if we don't sell at that price and if price crashes after that then we would be regretting for not selling at that time.
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October 04, 2016, 02:08:03 PM
 #637

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.
I think there are lots of people who want to sell their coins when the bitcoin rises up to a million dollar each but i dont think that would happen for sure!
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October 04, 2016, 02:11:31 PM
 #638

Wow that's a great news because currently i am holding 0.1 btc and if the price increase then that amount would be equal to 1 lakh $ and that's more than enough to make my teenage life comfortable and ease and also i will start business with this capital. But I know this won't happen in reality so hoping will not work here better I will keep struggling with trading to make small small profits.
I would sell all of my Bitcoin because why would I wait for the price to be even higher when it is already at 1M.
There is no reason for me to wait anymore just I would sell them all at once.

Exactly and there is no point in  holding them at that stage as if we don't sell at that price and if price crashes after that then we would be regretting for not selling at that time.
why not sell now? what is the point of holding it know? if you do not sell at that price and if the price crushes then you will be regretting for not selling now. what is so special about $1M?

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October 04, 2016, 02:28:16 PM
 #639

IF it is able to see the bitcoin at one milion dollar i think i would past out for the next view hours because i just dont understand and when i waker up i will sell all of it lol.
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October 04, 2016, 02:30:41 PM
 #640

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.
I think there are lots of people who want to sell their coins when the bitcoin rises up to a million dollar each but i dont think that would happen for sure!
You must be wrong, as bitcoin was designed to have very huge price levels but purely depends on its demand levels. No one could ignore that bitcoin will not have enough demand in future. So, when more number of people will be using bitcoins, more demand for bitcoin will happen then $1 million price levels will be very much possible.
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