Corenin
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October 07, 2016, 02:45:35 PM |
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If bitcoin rose to 1M it's very difficult to say what I would do cause it would depend on the setting time why it rose etc. But if it just rose randomly right now then I'd convert all of it to gold in an instant just to be on the safe side!
Either you can convert it to gold or to fiat as I think both are the best choice but in real life we need fiat more so I will convert to fiat and invest that in gold or real estate.
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mishra1994u
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October 07, 2016, 02:49:08 PM |
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If bitcoin rose to 1M it's very difficult to say what I would do cause it would depend on the setting time why it rose etc. But if it just rose randomly right now then I'd convert all of it to gold in an instant just to be on the safe side!
Either you can convert it to gold or to fiat as I think both are the best choice but in real life we need fiat more so I will convert to fiat and invest that in gold or real estate. Yes i would also like to convet it into the fiat as much as i can but most of the peoples will only sell the btc at that time so selling bitcoin wont be easy at such a time,so then i would try to exchange it for other e-currencies as well.
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newcoins1978
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October 07, 2016, 02:51:21 PM |
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Bitcoin rising to that high of a point what would I do hmm first I'd probably check the news cause for sure everyone would be going crazy if that would be happening. After I'd cash out instantly and then start my own business from my new found capital.
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Rostadom
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October 09, 2016, 09:59:44 AM |
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I would definitely sell all of my coins and recover the old addresses that I possibly have at that time just to check get a little amount of Bitcoins. Even 0.0000x amount of Bitcoin is still a lot of money so I'd be very lucky if I get to recover some coins. But in reality, Bitcoin becoming $1M each is just a sign that people have migrated from fiat into Bitcoins. I might not sell my coins if that's the situation because I'm pretty sure that Bitcoins will be pumping even more in the future.
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dunfida
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October 09, 2016, 02:25:50 PM |
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I would definitely sell all of my coins and recover the old addresses that I possibly have at that time just to check get a little amount of Bitcoins. Even 0.0000x amount of Bitcoin is still a lot of money so I'd be very lucky if I get to recover some coins. But in reality, Bitcoin becoming $1M each is just a sign that people have migrated from fiat into Bitcoins. I might not sell my coins if that's the situation because I'm pretty sure that Bitcoins will be pumping even more in the future.
You are correct if bitcoin would rose to 1M each then all people might switch already to bitcoin from fiat but its really impossible thing to happen at all. Even though 1m is too unrealistic to consider but if this would happen then most of bitcoin users would be instant millionaire especially to those who hold only 1btc.
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Yuuto
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October 10, 2016, 02:20:42 AM |
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Well, isn't that a nice idea. But if ever that happens, I will try not to get ahead of myself. It's very tempting to sell all my bitcoins and cash out but I think it's also wise to not sell all. If bitcoin can rise to that high a price there's also a possibility that it can rise higher. Why not wait and see?
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Zadicar
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October 10, 2016, 04:45:21 AM |
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I would definitely sell all of my coins and recover the old addresses that I possibly have at that time just to check get a little amount of Bitcoins. Even 0.0000x amount of Bitcoin is still a lot of money so I'd be very lucky if I get to recover some coins. But in reality, Bitcoin becoming $1M each is just a sign that people have migrated from fiat into Bitcoins. I might not sell my coins if that's the situation because I'm pretty sure that Bitcoins will be pumping even more in the future.
You are correct if bitcoin would rose to 1M each then all people might switch already to bitcoin from fiat but its really impossible thing to happen at all. Even though 1m is too unrealistic to consider but if this would happen then most of bitcoin users would be instant millionaire especially to those who hold only 1btc. Well for sure they are going to hardly earn even 0.00000001 amount of satoshis if the price of bitcoin is going to reach $1,000,000. And for sure that is going to make bitcoin more famous rather than any other type of currencies. And that is going to be the best day of our lives for we are going to be millionaires with the help of bitcoin. Correct, even 1 satoshi would be already a decent amount for sure. As you said it would be famous if bitcoins price would rose to $1m and as you said could be more famous on other fiat currencies but this thing would happen a very very long time or would happen only to our dreams.
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aso118
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October 10, 2016, 08:51:04 AM |
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Well, isn't that a nice idea. But if ever that happens, I will try not to get ahead of myself. It's very tempting to sell all my bitcoins and cash out but I think it's also wise to not sell all. If bitcoin can rise to that high a price there's also a possibility that it can rise higher. Why not wait and see?
If you sell all your bitcoins, there is always a chance that it may go higher and you will regret your decision. I would sell enough to assure a comfortable lifestyle for me. The remaining will be stored in the form of bitcoins only.
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Shibashi Dogemoto
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October 10, 2016, 08:59:35 AM |
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Well, isn't that a nice idea. But if ever that happens, I will try not to get ahead of myself. It's very tempting to sell all my bitcoins and cash out but I think it's also wise to not sell all. If bitcoin can rise to that high a price there's also a possibility that it can rise higher. Why not wait and see?
If you sell all your bitcoins, there is always a chance that it may go higher and you will regret your decision. I would sell enough to assure a comfortable lifestyle for me. The remaining will be stored in the form of bitcoins only. But I think if we touch that price then its better to sell our coins as at that stage holding them wouldn't be smart as there is a full possibility that price will crash after that.
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Mastsetad
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October 10, 2016, 09:07:22 AM |
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If price goes in millions then without any hesitation I will sell all my coins and get hard cash in hands and will prefer to buy an island where I can spend my life in a best way.
I would also sell the most of it but will store some of it maybe around 0.5btc or 1 bitcoin because maybe the price grows higher again and the amount i will get by selling the most of it would surely be enough for doing anything i want.
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co5hike
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October 10, 2016, 09:32:30 AM |
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If price goes in millions then without any hesitation I will sell all my coins and get hard cash in hands and will prefer to buy an island where I can spend my life in a best way.
I would also sell the most of it but will store some of it maybe around 0.5btc or 1 bitcoin because maybe the price grows higher again and the amount i will get by selling the most of it would surely be enough for doing anything i want. I will not prefer to hold any amount of coin if price reaches to that level and will sell all my coins and enjoy the profits and say good bye to bitcoins as wealth in millions would be enough for me to live a luxury life.
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--YUki--
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October 11, 2016, 06:43:37 AM |
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I will sell all my coins ..hehe there's surely a big dump after that so after i sold i will buy again at lower prices .but thats too impossible to happen its only possible by dreaming
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Shibashi Dogemoto
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October 11, 2016, 07:05:40 AM |
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Well, isn't that a nice idea. But if ever that happens, I will try not to get ahead of myself. It's very tempting to sell all my bitcoins and cash out but I think it's also wise to not sell all. If bitcoin can rise to that high a price there's also a possibility that it can rise higher. Why not wait and see?
If you sell all your bitcoins, there is always a chance that it may go higher and you will regret your decision. I would sell enough to assure a comfortable lifestyle for me. The remaining will be stored in the form of bitcoins only. But I think if we touch that price then its better to sell our coins as at that stage holding them wouldn't be smart as there is a full possibility that price will crash after that. Selling our coins by that price is going to be the most profitable day if the price is going to be $1,000,000 because all of us will become instant millionaires on that day. So i won't miss the chance of selling my coins on that day. I hope the whales are going to balance this price for sure many are not able to buy bitcoins on that day. If anyone will prefer to hold their coins at that stage then it would be an bad decision to make as we many never see that price again in future as if price crashes then it will crash very badly.
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Altynbekova
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October 11, 2016, 07:19:24 AM |
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If bitcoin rose to 1M then I would sell all my bitcoin and invest in gold probably cause I'd be rich and wouldn't want to risk leaving it in bitcoin. Or maybe I would keep part in bitcoin incase it would go up even more which would be unlikely.
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Newcoins2020
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October 11, 2016, 07:22:56 AM |
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If the Bitcoin would rise to 1M then I would not wait any longer and trade in all my Bitcoin at once because then I would become rich in an instant. Saving them as then no meaning anymore because the price is high enough already.
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Ybalevia
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October 11, 2016, 07:31:16 AM |
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If the bitcoin rises to 1 milion dollar each i dont think that would happen but if it happens i know for sure that lots of people will dump their coins and will never go baack to the bitcoin for sure!
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fkvidar
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October 11, 2016, 07:38:58 AM |
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If the Bitcoin would rise to 1M then I would not wait any longer and trade in all my Bitcoin at once because then I would become rich in an instant. Saving them as then no meaning anymore because the price is high enough already.
Yeah and $1M is a satisfactory price to have and we cannot expect that it will go even higher after that as everyone will prefer to sell their coins at that price will bring price back down.
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Cozynunu
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October 11, 2016, 07:42:52 AM |
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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 dont think that the bitcoin will rise to one milion dollar each but if that happens you need to know that lots of peopel are going t sell and never touch a bitcoin again off course.
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jacafbiz
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October 11, 2016, 07:48:25 AM |
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I will surely sell 70% of my Bitcoin and start touring the world
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extrabyte
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October 11, 2016, 07:50:07 AM |
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I will surely sell 70% of my Bitcoin and start touring the world
you must have thousands of bitcoins then.. Am I right? because 70% of one bitcoin can't help you to tour the whole world.. no matter if you get one million usd..
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