Corenin
Legendary
 Offline
Activity: 1008
Merit: 1000
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October 11, 2016, 05:13:15 PM |
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As of now this is really impossible to happen why ? Because if you will see 1 bitcoin will be rose into 1M USD? How people can make sure about this and 0.001 bitcoin will be 1000US Dollar right ? Maybe All people who are using bitcoin will be richer and they can say that they can live with bitcoins.
Bitcoin is finding it hard even to achieve the price of $1k since long time and most of the users are holding their coins so that they can sell them at that price and collect good profits. |
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Aamir1
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October 11, 2016, 05:23:07 PM |
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As of now this is really impossible to happen why ? Because if you will see 1 bitcoin will be rose into 1M USD? How people can make sure about this and 0.001 bitcoin will be 1000US Dollar right ? Maybe All people who are using bitcoin will be richer and they can say that they can live with bitcoins.
Bitcoin is finding it hard even to achieve the price of $1k since long time and most of the users are holding their coins so that they can sell them at that price and collect good profits. Obviously, thinking about such a high price for bitcoin is really unrealistic while we can see that bitcoin is finding it hard to achieve the target of 1k$ and when it reaches even 5k$ we will be really happy for it. |
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torrentheaven
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October 11, 2016, 05:24:56 PM |
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As of now this is really impossible to happen why ? Because if you will see 1 bitcoin will be rose into 1M USD? How people can make sure about this and 0.001 bitcoin will be 1000US Dollar right ? Maybe All people who are using bitcoin will be richer and they can say that they can live with bitcoins.
Bitcoin is finding it hard even to achieve the price of $1k since long time and most of the users are holding their coins so that they can sell them at that price and collect good profits. Obviously, thinking about such a high price for bitcoin is really unrealistic while we can see that bitcoin is finding it hard to achieve the target of 1k$ and when it reaches even 5k$ we will be really happy for it. Not all have patience to hold their coins even till it reaches to the price of $5k, people who have limited income from bitcoins will surely sell all their coins even when they see price of $1k. |
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elyas772
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October 12, 2016, 01:52:53 AM |
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the main problem, if bitcoin rose at $1M im sure we must spend more money meet our needs, maybe we must spend $100.000 to buying bread and milk.  |
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stromma44
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October 12, 2016, 01:12:20 PM |
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As of now this is really impossible to happen why ? Because if you will see 1 bitcoin will be rose into 1M USD? How people can make sure about this and 0.001 bitcoin will be 1000US Dollar right ? Maybe All people who are using bitcoin will be richer and they can say that they can live with bitcoins.
Bitcoin is finding it hard even to achieve the price of $1k since long time and most of the users are holding their coins so that they can sell them at that price and collect good profits. Obviously, thinking about such a high price for bitcoin is really unrealistic while we can see that bitcoin is finding it hard to achieve the target of 1k$ and when it reaches even 5k$ we will be really happy for it. Not all have patience to hold their coins even till it reaches to the price of $5k, people who have limited income from bitcoins will surely sell all their coins even when they see price of $1k. I know they will sell bitcoins if the price reaches to $1,000 and I'm one of it. But I hope the price is going to reach to $1,000,000 in the future. And that is the fact that people who holds a lot of bitcoin will sell if the price reaches $1,000 and I will be one of it. Because before the price of bitcoin reaches to $1,000,000 maybe it will happen 30 years from now. $1k price is a realistic and achievable in future but there is no guarantee that it will achieve the price of $1M ever in future as its some thing out of the reach for bitcoins. |
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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October 12, 2016, 01:19:23 PM |
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That is like an impossible thing to happen. But it is not bad to dream. What if it did? So this should be answered like a dream too because of the what if.
I think I will be on vacation for a lot of time. Do what I havent done since I was child. Experience the good views of many countries to appreciate God's creation.
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JumperX
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October 12, 2016, 01:22:36 PM |
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That is like an impossible thing to happen. But it is not bad to dream. What if it did? So this should be answered like a dream too because of the what if.
I think I will be on vacation for a lot of time. Do what I havent done since I was child. Experience the good views of many countries to appreciate God's creation.
Exactly if price touches that value then that would be time to have some fun, and I would definitely sell all my coins and will go on world tour with my family and friends and enjoy life thereafter. |
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PrivacyIsImportant
Jr. Member
Offline
Activity: 50
Merit: 24
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October 12, 2016, 01:32:39 PM |
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I would definitely make some positive changes in the world...
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p_linz
Member
Offline
Activity: 113
Merit: 10
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October 12, 2016, 01:39:57 PM |
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That is like an impossible thing to happen. But it is not bad to dream. What if it did? So this should be answered like a dream too because of the what if.
I think I will be on vacation for a lot of time. Do what I havent done since I was child. Experience the good views of many countries to appreciate God's creation.
Exactly if price touches that value then that would be time to have some fun, and I would definitely sell all my coins and will go on world tour with my family and friends and enjoy life thereafter. i never understood why everybody wants to sell their coins in such a scenario. bitcoin can only get this big if it is widely used, so at this point you could most likely us bitcoin to pay for everything. selling it would only be necessary if you would expect it to crash after it reached this milestone. |
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DuckKeeper
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October 12, 2016, 01:55:19 PM |
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I think that the biutcoin is never going to hit the 1 milion dollar each and that is just because i know for sure that lots of peopel are going to sell their coins
when he hits that amount and then the bitcoin will be death.,
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Bitcoinbro
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October 12, 2016, 01:58:56 PM |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
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p_linz
Member
Offline
Activity: 113
Merit: 10
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October 12, 2016, 02:02:19 PM |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
this is something more people should do. invest in things with a value. because even if fiat and banks or bitcoin go overboard you have something of value, while other people holding only fiat or bitcoin or stocks in big numbers might lose all. |
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mark coins
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October 12, 2016, 02:05:23 PM |
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If bitcoin achieves that price in future then I will sell all the coins that I would be holding and with that money I would start my own business from where I could manage to get regular income.
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rickadone
Legendary
Offline
Activity: 1176
Merit: 1024
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October 12, 2016, 02:42:58 PM |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
I also will do the same but not the part of selling all my bitcoins. Maybe I prefer to sell only less than 50% of my total bitcoin savings. I never interested to come out of bitcoin savings at any point of time also for any value of bitcoin. Because I'm strongly believing in to bitcoins that it will keep on increasing in value over time. Similarly I also will keep on buying bitcoin continuously regardless of what value it will be having. So, that I will be keeping on myself into bitcoins value appreciation race. |
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umaOuma
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October 12, 2016, 02:46:04 PM |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
I also will do the same but not the part of selling all my bitcoins. Maybe I prefer to sell only less than 50% of my total bitcoin savings. I never interested to come out of bitcoin savings at any point of time also for any value of bitcoin. Because I'm strongly believing in to bitcoins that it will keep on increasing in value over time. Similarly I also will keep on buying bitcoin continuously regardless of what value it will be having. So, that I will be keeping on myself into bitcoins value appreciation race. But I don't think that price will go higher after that achieving that high price as almost everyone will dump their coins at that price will will make price go lower after that. |
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Icathia
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October 12, 2016, 03:07:49 PM |
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If bitcoin achieves that price in future then I will sell all the coins that I would be holding and with that money I would start my own business from where I could manage to get regular income.
Indeed who would not sell all their bitcoins for that amount, it would be such an nice amount and you can make a lot of money with it too. I think it would be very nice! |
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croutonhexagon
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October 12, 2016, 03:40:08 PM
Last edit: October 12, 2016, 03:50:27 PM by croutonhexagon |
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Currently i have 0.01btc and I think I will have about 1btc by 4 to 5 years. And really if i get that much amount then no one can stop me from buying gaming laptop, superphone and a super DSLR camera. And even after doing so much heavy shopping i will have about half million.
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coinoclock
Member
Offline
Activity: 84
Merit: 10
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October 12, 2016, 03:45:22 PM |
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If bitcoin rose to 1M I would sell all my bitcoin and invest in buying an house cause buying an house takes away some monthly costs which allow me to save more money and invest more money.
I would keep investing in bitcoin still.
I also will do the same but not the part of selling all my bitcoins. Maybe I prefer to sell only less than 50% of my total bitcoin savings. I never interested to come out of bitcoin savings at any point of time also for any value of bitcoin. Because I'm strongly believing in to bitcoins that it will keep on increasing in value over time. Similarly I also will keep on buying bitcoin continuously regardless of what value it will be having. So, that I will be keeping on myself into bitcoins value appreciation race. But I don't think that price will go higher after that achieving that high price as almost everyone will dump their coins at that price will will make price go lower after that. why would they sell something that brought them good winnings just because a certain number is reached? other would pick it up anyways. but i would invest in a house or somethink like that and keep the rest for sure. |
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bamboylee
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October 12, 2016, 03:51:13 PM |
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I would have committed suicide because at 10k I would have spent all my bitcoins. I will be full of regrets not holding even just 1 btc. Seriously, I do not think that will happen. Gold has been here longer and its price is just over 1200$. Yeah no one will prefer to hold their coins that long and I am sure that most of the users will sell their coins when they will see the price of $1k in coming years and grab the profits. but i am not going sell even if the price reach to 1K. Because to me the price is really going make a new historical record and we are going to see the price above 1200 USD at the end of this year or just in start of next year. That is just pure speculation and wishful thinking. There is even no sign up to date that suggests that it will break new all time high this year or early next year. I would like that to happen but I am just realistic. And if it happens, then I think it is pure manipulation. |
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serjent05
Legendary
Offline
Activity: 2842
Merit: 1253
Cashback 15%
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October 12, 2016, 04:33:50 PM |
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I would have committed suicide because at 10k I would have spent all my bitcoins. I will be full of regrets not holding even just 1 btc. Seriously, I do not think that will happen. Gold has been here longer and its price is just over 1200$. Yeah no one will prefer to hold their coins that long and I am sure that most of the users will sell their coins when they will see the price of $1k in coming years and grab the profits. but i am not going sell even if the price reach to 1K. Because to me the price is really going make a new historical record and we are going to see the price above 1200 USD at the end of this year or just in start of next year. That is just pure speculation and wishful thinking. There is even no sign up to date that suggests that it will break new all time high this year or early next year. I would like that to happen but I am just realistic. And if it happens, then I think it is pure manipulation. Well everyone can speculate and have a wishful thinking, so let them be happy with their wishes  . As for the manipulation, I don't think it is easy to manipulate bitcoin now because of the currently available numbers of bitcoin that is circulating in the market. I think it is a natural growth if it hits 1.2k used this time |
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