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Author Topic: If bitcoin rose to $1M, what you do?  (Read 29471 times)
terman45x
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October 04, 2016, 02:31:03 PM
 #641

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?

Lol, if you are satisfied with current price then no one is stopping you from selling your coins, people are not selling their coins at a moment as they believe that price will be much higher in future.
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phreaky
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October 04, 2016, 02:34:27 PM
 #642

If bitcoin rose to 1M I would sell them all instantly which I have just to be sure, once I sold them all I'd invest in buying a house and invest in gold to put my fortune safe.
I would have enough to be rich the rest of my life and never have to wake up early again.
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October 04, 2016, 02:49:00 PM
 #643

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?

Lol, if you are satisfied with current price then no one is stopping you from selling your coins, people are not selling their coins at a moment as they believe that price will be much higher in future.
lol, are you even reading the other comments? it was a replay to someone advising to sell at $1M. holding longer would be stupid since he knows it will crash after that. just wanted to give him some perspective, but why read the whole thing right? you will probably even not bother to answer.

Shibashi Dogemoto
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October 04, 2016, 02:53:58 PM
 #644

If bitcoin rose to 1M I would sell them all instantly which I have just to be sure, once I sold them all I'd invest in buying a house and invest in gold to put my fortune safe.
I would have enough to be rich the rest of my life and never have to wake up early again.


That's right and that would be the best price to sell our coins and get retired from work and enjoy luxury life thereafter as even 1 btc can make us millionaire so lets hope that becomes reality in future.
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October 04, 2016, 08:11:33 PM
 #645

I guess it's value won't reach to 1M. If it does then that would be very amazing. We would profit a lot from bitcoins. I can only imagine that happening.
This could make bitcoiners multi-millionaire. Yaa, but seriously this thread is hilarious.
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October 04, 2016, 08:13:41 PM
 #646

I guess it's value won't reach to 1M. If it does then that would be very amazing. We would profit a lot from bitcoins. I can only imagine that happening.
This could make bitcoiners multi-millionaire. Yaa, but seriously this thread is hilarious.

I don't think it will touch that price ever in future as it is unrealistic value to dream off, and I think maximum bitcoin can achieve is the price of $10k nothing anything beyond  that.
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October 04, 2016, 08:15:16 PM
 #647

$1 million aye did you have this dream before or after someone slipped you a mickey ?
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October 04, 2016, 08:28:35 PM
 #648

$1 million aye did you have this dream before or after someone slipped you a mickey ?


Lolz, completely agree with you, its good to see the dreams but even dreams should be realistic and this value seems to be unrealistic one which can never be achieved ever in future.

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October 04, 2016, 10:40:06 PM
 #649

I don't think that bitcoin can ever touch that price in future as it is unrealistic value to think of and no one have patience to hold their coins till it reaches to that value.
true I think the price of bitcoin will not be until at prices impossible that, yeah a lot of people will not be patient to sell their bitcoin, even to return to the price of $ 1,000 and more people have to sell their bitcoin. so before reaching a price of $ 1m price will come back down because there are a lot of people sell their bitcoin
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October 05, 2016, 12:39:41 AM
 #650

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!
thats true, there are a lot of people who would sell the bitcoins they hold but it is really bad




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SANALIU
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October 05, 2016, 01:50:47 AM
 #651

if true accident bitcoin price
can up rise until reach one milion dollar i can rich
but if bitcoin price is over high bitcoin can die, because not only one people can send bitcoin again because send bitcoin with fee can big value this dollar
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October 05, 2016, 01:57:37 AM
 #652

How many more of these useless "what would you do if" threads are going to be created, they serve just 1 purpose and that's sig spamming.

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October 05, 2016, 02:25:51 AM
 #653

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 Sell My All Bitcoins I Have in Total And Then I Will Exit The Bitcoin World And Start a Business In the Physical World.....
But I Also Know That Dream Of this Price Is Not Possible Because Bitcoin Can Never Reach This Price.....

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October 05, 2016, 04:35:26 AM
 #654

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 Sell My All Bitcoins I Have in Total And Then I Will Exit The Bitcoin World And Start a Business In the Physical World.....
But I Also Know That Dream Of this Price Is Not Possible Because Bitcoin Can Never Reach This Price.....



Me too I am going to sell all of my bitcoins if that is going to happen accidentally but it is going to be better if the price of bitcoin is going to be stable on that range.

So if you have 5 bitcoins that time then you are going to be a super multi dollar millionaire already without some efforts and if that happens you are going to by all the pleasures you want.

And I will make my own business to real life, maybe 3-5 businesses that I will going to manage.

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October 05, 2016, 06:37:15 AM
 #655

$1 million aye did you have this dream before or after someone slipped you a mickey ?


Lolz, completely agree with you, its good to see the dreams but even dreams should be realistic and this value seems to be unrealistic one which can never be achieved ever in future.
yeah dream is something that must be achieved so that we are more excited again, but this is too weird dream and I think it is impossible. and I think that does not make the logic, what goods or commodities that have a price of 1 million dollars? lol nothing that ever existed on this earth
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October 05, 2016, 06:45:57 AM
 #656

If the it happens I'm sure there are many people who directly sell their bitcoin because it would be very beneficial. I was also doing it because I'll get a lot of advantages. But I think bitcoin will not rise as much as it is due to fluctuations in bitcoin does not allow that to happen.
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October 05, 2016, 06:55:55 AM
 #657

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).
since your calculation is right but your prediction thinking can't be results into reality because the $1M is impossible atleast for 10-20 year because may be some fall down sharply in price .
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October 05, 2016, 07:02:25 AM
 #658

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).
since your calculation is right but your prediction thinking can't be results into reality because the $1M is impossible atleast for 10-20 year because may be some fall down sharply in price .
No no one will be that much pessimistic that bitcoin will have $ 1 million price levels only after decades. The surprising fact about bitcoin must be no one will know when bitcoin will boom, in 2013 bitcoin rose from ~$15 to ~$1200. The growth rate must be unimaginable, why not that may happen again.

When big companies start adopting bitcoin payments, the demand for bitcoin might go into huge levels so that bitcoin prices start skyrocketing. In my personal opinion, I am expecting $1M to happen within next halving itself.
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October 05, 2016, 07:22:11 AM
 #659

If bitcoin rose to 1m then I would retire today and sell all my bitcoin and put money in safe investments and spread over banks.
I wouldn't risk staying with bitcoin and losing all it's value cause then I'd hit myself If I lost all those millions because of that.
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October 05, 2016, 07:26:50 AM
 #660

If bitcoin rose to 1m then I would retire today and sell all my bitcoin and put money in safe investments and spread over banks.
I wouldn't risk staying with bitcoin and losing all it's value cause then I'd hit myself If I lost all those millions because of that.
i can see how people want not live thru that having $1M and loosing it. but what are save investments? and why spread it over banks? if banks go down, then most likely all of them.
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