what will happen if BTC hit 1.000.000$

[crypto1998]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

[dmty.0809]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

[BitMaxz]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

That's impossible to happen maybe 100k USD each might possible but even the 1m USD each bitcoin won't help to stop hackers for hacking and stealing bitcoin it is their nature of earning money.

We can't change it unless if the price of bitcoin will become no value in the future I'm sure there is no hacking news will be published in the future related to bitcoin hacking.

Since the bitcoin price is increasing more hackers and criminals are attracted to get easy bitcoin to their victim.

[BrewMaster]

obviously everything grows together because they are all linked. the more adoption takes place the more people are going to be involved with bitcoin and that means all kinds of people from experts to newbies. and that also attracts all types of people from scammers to businessmen trying to fill a gap and make money.

[funchiestz]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

This is very funny. While the bitcoin price declined, everyone drew apocalyptic scenarios. I even remember those who say that Bitcoin will drop to $ 100. Now someone's dating and talking about $ 1,000,000 .... Just funny!

[Beerwizzard]

We all hope that there will come times when Bitcoin price would be over one million USD because hopefully, that would be the moment when newbie shitposters like you would stop creating the same useless threads again and again.

More violence and criminalization of bitcoin holders by governments

Sure, governments are trying to regulate cryptocurrencies just because they are afraid of all those people that are holding this treasure. That's true.

[XCANA]

do u think we will see more hack news

Absolutely, there will be more hacking compare to what we have seen in recent time. Moat of these hacking are as a result of increase in Bitcoin price, even the scammers will definitely come out from their hidden places to extort newbies. If Bitcoin price hit such amount, we should be waiting for another way and level of hack, which will be different from the current hacks around us.  

[Adriano2010]

I also think if that happen hackers will try again hack, and also governments will put tax as already someone said, but i wish to happen, but in my opinion we are still far from that.

[Genemind]

It's unrealistic so we can't see the possible things that might happen. I guess that's too much and Bitcoin wouldn't be affordable so there would be a supply and demand imbalance.
$20k-100k would be enough and there would be better things that would happen in crypto world. Hackers would always be present no matter what the prices are so we have to be careful all the time.

[Ibizugbe1]

Nothing is impossible. If the world government chooses bitcoin as the world reserve currency, we could see this coming through. This might not happen in this generation, this kids in this generation that will see when this happen and if they have bitcoin as an inheritance, then they will control the world financially.

[jake zyrus]

If bitcoin will reach the price of 1,000,000 all of us will become instant millionaire maybe the people who have a lot of it will really become one of the richest people in the whole world. Even the price of bitcoin is so unpredictable but what if it this thing will really happen.

[proTECH77]

More violence and criminalization of bitcoin holders by governments

There will more criminally minded individuals getting into the world of cryptocurrency to make use of the anonymity in carrying out their hideous act which forbidden in fiats. Also, there will be more violence between the holders and the government, also, there will be violence between hodlers who are not careful to hold their coins in secret. Rubbery be escalate among crypto holders, in all, it will increase criminally minded individuals in crypto-world

[bitzizzix]

If indeed I think there is more crime and fraud for bitcoin to be able to have it, and besides that the government will intervene.
I hope that bitcoin doesn't reach that much.

[dothebeats]

Physical thefts would soon occur rampantly, and the possibility of governments hoarding bitcoin as a substitute for gold in reserves is possible too, though the scenario of bitcoin reaching $1M a piece is somewhaf improbable unless hyperinflation struck the USD in our lifetimes (which is definitely not going to happen.)  Up to now it has always been a question that has posed many answers, though in reality we'll never know unless we get there.

[davis196]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

This question has been asked a long time ago.Search the forum instead of asking it again.
1.Bitcoin will NEVER reach 1M USD.This is logically and mathematically impossible.
2.There's no direct correlation between the bitcoin price and the levels of "violence and btc holding criminalization".

[roosbit]

hi guys
if BTC hit 1 million $ in the future what will happen

If ever we get to have such a price for each bitcoin, it means people will use much robust security systems and maybe guard their wallets better than we do today.

do u think we will see more hack news

Not a single chance, this is a million we talking of

More violence and criminalization of bitcoin holders by governments

Violence I doubt it, people will be millionaires! Criminalization from the G man yes because of unremitted taxes....

Any events we will see ?

With too much money circulating there is a Possibility of inflation I guess

[Ailmand]

It will be great news for everyone because we would have the most promising profit for all our lives but that would take a long time. There's no shortcut to success here in blockchain world. Bitcoin still needs to face and undergo a lot of challenges before we reach that point. It still need a total adoption.

[NeuroticFish]

Any events we will see ?

There will be the same events like the ones we hear today about US Dollar or Euro. Normality.
Hacks do happen in the same way bank heists did happen in the past.
Violence? We have now violence and ransoms in USD and EUR too, just we don't pay so much attention anymore, it's part of life.

What will be new? New names in the rich list. Maybe some fresh ideas. Maybe a better world.

[Haunebu]

Bitcoin surges slowly and steadily and you expect it to reach 1 million dollars in the future op. Hilarious. Why don't you guys ever look at the big picture?

Big picture : BTC gains mass adoption and organically rises in value and is treated as a currency first and asset secondary. Don't focus on the price too much people.

[akamit]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

BTC price has nothing to do with hacks imo.
Hackers will do their nasty job whenever they will find a hole even with $0.01 valued coin.

Not just the financial institution needs to be careful to prevent hacks but also the users need to be careful about it.

As time passes, hackers invent new tactics and on the other side cybersecurity experts will find the cure to prevent hacks. But there will be always some hack news imo.

[TimeBits]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

join the church of bitcoin, we don`t have to pay tax.

[livingfree]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news

Hacks can happen at any time, we don't know what's in the mind of those hackers. They attack whomever they want and what company they want. And if btc hits $1M, the future would be a lot of BTC millionaires would enjoy all of those money.

More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Violence and crime that will be specific to bitcoin holders made by the gov't? I don't understand this, are you into something about gov't? is your country anti-bitcoin?

[Romeoetin]

If it reaches the million, we will have more money :v

Apparently. I will buy my very own island and a lambo to take my fetch my kids from school.. Ohh well. If wishes were horse

[minersday]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

An increase in the price of Bitcoin has no influence on what you have stated above. Why do people always wanna connect Bitcoin with criminal activities and violence? Its high time this misconception stops.  If Bitcoin reaches a market price of one million, it will only have influence of the rate at which people sell and use Bitcoin. A lot of people in the crypto ecosystem will see and consider Bitcoin as a digital Diamond or a digital Asset.

[rijaljun]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

No correlation between Bitcoin and violence, criminals, or anything bad unless you think Bitcoin is a bad things that gives a bad impact to others. When Bitcoin reached that price, obviously early investors would be rich. But that's not important, the most important thing is probably wider adoption as people always want to spread their assets on valuable things and also there will be more things you can do with your Bitcoin. Just like gold now, everyone is dreaming to collect it as much as possible.

[ghermghuda]

Should Bitcoin go to a million bucks, we'll see the effect in bithbways but at the end, Bitcoin has an honest mission (to take out centralization and to institute trust, transparency and decentralization). So yeah, the hacks, governments crackdowns, naysayings and others won't stop, and so won't the many many benefits stop as well.

[Chikito]

do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

No different. Some hacker still can get your bitcoin what price happen. Any time and any where they don't need to wait for touch $1M for hacking, so keep it your balance safe on wallet. I thing news and some new user will become together for this

[creeps]

do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

No different. Some hacker still can get your bitcoin what price happen. Any time and any where they don't need to wait for touch $1M for hacking, so keep it your balance safe on wallet. I thing news and some new user will become together for this

Hackers will be more aggressive they can earn a lot if they move aggressively, safe wallet are still prone on this one so learn to liquidate your coins. $1M per bitcoin is impossible, but in the future maybe people will become more greedy or the price of the goods are also on the millions per pack so the price of bitcoin is useless if the inflation is very high. Don't think too much about it, big events can happen either positive or negative effects no one can tell.

[crwth]

In theory I think There would be a very smart person who would be able to have damage to the Integrity of Bitcoin. Something to develop, more exposure, more eyes to view on the code or something. Maybe it’s not flawless but it would be hard to do or something. I think everyone in this forum would be celebrating if that were to happen.

[mrjohanr]

If it reaches the million, we will have more money :v

Apparently. I will buy my very own island and a lambo to take my fetch my kids from school.. Ohh well. If wishes were horse

and why not a lambo for each child?
 
 

[bitcoin31]

If that happen Im become rich for sure because I have some bitcoins in my wallet. But better to don't expect to the bitcoin become $1,000,000 that is large value and in your dreams only will happen.  Im respect others prediction but everyone needs to be real to their price that they think in the future.

[Innerpumper]

If bitcoin reaches $1 million per bitcoin this will attract more interest to investors, and miners, on the other hand some constraints if Bitcoin is getting expensive, such as expensive transaction fees, and solid transactions make the transaction potentially fail.

[libert19]

Guess at $1m/BTC, even after using lightning network fees will be much and devs will need to lookup for solutions (may be there will be parts on Satoshi).

[MMS2017]

If bitcoin value jumps to 1,000,000$ then at that time bitcoin will rule the world and it will become true if more people come to the market for trade and they hold bitcoin. Crypto currencies market is good and a good time for investing in this market because the growth is expected good and we have a good time for future become very bright.

[okala]

Hack can happen at any time not minding the price of bitcoin, if bitcoin reach 1 million dollars in the future it will only cause bitcoin to become more noticeable and the government will do all their could to attack bitcoin by making policy that will be unfavorable to bitcoin. But if you talk of hacking one can not say because even if bitcoin is at 1 cent hacker will still be looking for ways to break into system and steal.

[EdenHazard]

I doubt it will happen, because bitcoin need lots of fans from the party which can make its follower has an interesting to buy and hold bitcoin, but I guess it will never happen. There are lots of people who pros and cons again bitcoin moreover from the government, they will blocking every bitcoin's growth and even will make bitcoin have no interest for its citizens. About hacker, if we see now there are many exchange even from the developer coin who try to make a feature which can make troublesome every hacker who will hack their coin. Every problem that have happened will be evaluated by them and make a new system which can make counteract that and I believe it will happen although the price bitcoin hasn't reached the price of $100 k.

[killat]

Btc can be 1 million, but it can value 10$ overtime , as well, nobody can know.

I'd be more surprised if you wouldn't find anyone who's got the price right once. There's been so many people who thought they could predict the numbers that even by chance at least a few have to be close.

[Kakmakr]

We will see a repeat of what happened after 2017, where huge amounts of speculators started to enter the scene and rushed to buy some bitcoins. Then as the Bitcoin price starts to reach it's peak, a lot of them will start dumping coins and the price will once again drop like it did in 2018.

The higher the price of Bitcoin goes, the more greedy people tend to get and then when the price takes a nose dive, people blame Bitcoin <the technology> for their greed.

Yes, Bitcoin based hacks and crime connected to Bitcoin will increase as the value of the token increase. <The carrot just becomes bigger for them>

[Astvile]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If this will happen im pretty sure government have control over bitcoin by this days specialy if bitcoins hits half or even a quarter a million each government for sure will make a move in order to take over control bitcoin and get so much money from it.Government is greedy you know.With  the news im pretty sure hacking will be more often but for sure security will keep on developing in future so it can be lessen

[bitcoinsc]

if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.

[onrise]

if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.

People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .

[kakonhat]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I don't know what will happen for hacking news or violence or criminalization even harassment by the Government in an unsupported country.
But, I know that I shall be a rich man.
Actually, everything will be normal if Bitcoin reaches 1 million. just Bitcoin value will be high then your local currency. 

[Pattart]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

That's impossible to happen maybe 100k USD each might possible but even the 1m USD each bitcoin won't help to stop hackers for hacking and stealing bitcoin it is their nature of earning money.

We can't change it unless if the price of bitcoin will become no value in the future I'm sure there is no hacking news will be published in the future related to bitcoin hacking.

Since the bitcoin price is increasing more hackers and criminals are attracted to get easy bitcoin to their victim.

Agree with that, even now there has been a lot of news about hacking, what if prices skyrocket or like worth above $100k will certainly make many hackers interested in committing acts of theft. if the price of bitcoin is low, hackers certainly will not do that, because it will only waste their time to hacking worhless coin. in my opinion, the higher the price of bitcoin, the greater the crime act in bitcoin.

[jems]

If bitcoin reaches $ 1 million per chip, I think there will be many people who get rich and be accompanied by more crime. And yes, even the government will be more assertive in setting rules in every country.

[kaya11]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

This is very funny. While the bitcoin price declined, everyone drew apocalyptic scenarios. I even remember those who say that Bitcoin will drop to $ 100. Now someone's dating and talking about $ 1,000,000 .... Just funny!

We are talking about what if in here and nothing more, there is no need to be rude to OP. He is just trying to be ready if that time ever comes. Even me believe that 1M USD per BTC is possible, I mean it was just cents when it was first created so the million dollar thing is not a dream anymore. There are more than 21 million people in the world who are millionaires out there, and this is another what if, if there are no one who wants to sell their bitcoin less that a million dollars anymore, what do you think would happen, only time matters here folks.

[qwertyup23]

Reaching 1 million USD for each bitcoin is the dream for most people who owns bitcoin but it has its share of disadvantages too. Back in 2018 when the price of each bitcoin reached an alarming rate of around $18,000-$20,000, transaction fees were high and it discouraged almost some to trade their bitcoins.

From an investment perspective, reaching that price would be the best thing since sliced bread. The opportunities and potentials it create to people who own bitcoins may be a solution financially to some. Not to mention, expect government intervention to take place in this scenario.

if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.

People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .

I doubt that it will reach that kind of price soon but it is not entirely impossible. Before it reaches to that price, government would surely intervene in the process and banks may engage in the cryptoworld by making their own coin.

[liss sa]

Wow, If it comes true, I think there will be a lot of millionaires born. But 20000$ is my target in next year.

[Linkkoin]

The question is - how relatively much 1 million USD will be worth. If it is going to share the fate of Bolivar, then I am afraid we will have more important issues than the price of BTC to focus upon.

But jokes aside, if the current value of $ will remain at a similar level, this would totally mean that BTC cannot be regarded as any sort of currency replacement.
It is very possible, that those of you, who had been very early adopters of BTC, hodling since 2010-2011 and deciding to sell, will be heavily taxed -especially if you will not be able to show any clear evidence, how did you get them.

[BigBrother]

I do not know whether bitcoin will be able to reach such a price, but if it happens it will definitely make a big splash. Many countries will begin to actively make decisions on how to regulate bitcoin, because it will be impossible to ignore it.

[Vaskiy]

Compared to the fiat usage what we have in percentage is very small. Maybe we'll have around 4% of the people globally using cryptocurrencies on different needs. It can vary from daily needs, trading to gambling and on transactions. Even with this we've reached $20000, when this is possible when the usage percentage increases surely we can see a bitcoin equal to $100000, but I'm not sure of $1000000.

[sngwinner]

I do not think much will change from the current situation. Hackers are already hacking. However, I think more governments will begin to see the need to legalised btc.

[pushups44]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

This would truly be fascinating, because it would imply that bitcoin is an accepted global currency in which each satoshi is valued at roughly one cent ($0.01). It would also imply that bitcoin has gobbled up competing currencies and has perhaps been declared as an official currency by at least one country. I am skeptical it will reach this price, but it is definitely within the realm of possibility.

[Alpinat]

~snip~
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

For sure many hacking events will happen but I guess it will not stop bitcoin in increasing because we once all said that bitcoin is unstoppable right. If bitcoin can really reach that huge value for sure massive adaption will happen and also the popularity of bitcoin will take its place again.

[traderethereum]

I have a simple answer for you.
That means, we all here will get a big profit from each of bitcoin we have, and we can sell all of bitcoin or sell some amount to get that profit.
That will be a big dream for every trader here because they can get huge profit from bitcoin.
I still thinking and dreaming when that will happen.
But the hack will always be there because there is no 100% security on the internet, but we can prevent from the worst thing that might happen.

[BL46K 7193R]

It is almost impossible that the price of Bitcoin will reach 1 million. Bitcoin is a very well-balanced cryptocurrency so everything in Bitcoin is handled like this. When Bitcoin is worth 1 million, I think many difficulties will arise. Bitcoin is not so easily available, its use will decrease if Bitcoin prices increase in excess rates. Then its acceptability will decrease if its price increases so much.

[Moshaid]

Firstly did you even check that figure you mentioned? That's a whopping sum of six zeros.  Well we all do say cryptocurrency can't be predicted but there are something we shouldn't be thinking of. It's even certain bitcoin will hit 100k$ and you are here thinking of 1M$. Should incase bitcoin hit this price in future I think some touches from different agencies will be on deck.

[ljane]

Bitcoin is one of the Cryptocurrencies that can hit $1million in no time or maybe in the future. One thing I will say about this is that, when BTC hit that price there will be more corporate bodies buying into the Cryptocurrencies idea and also they will integrate most of their products with cryptocurrency in such a way that we can both buy and sell with cryptocurrency on their markets. Also there will be much scams activities in the cryptospace.

[valentin68]

The bitcoin price will be bigger than 1 000 000 USD in the next 10 years. The will happen probably in 7 years from now. At some moment, probably in 2030 (years) to 2040 the price of the bitcoin will tend to have a constant value.

I do not know what will be this value, possible 10 million to 100 million USD/1 bitcoin (that is 10 000 000 USD to 100 000 000 USD/1 bitcoin). This was what Sataoshi Nakamoto wanted in 2010, for the Bitcoin to attain a price of 1 USD/1 Satoshi  (that is 100 000 000 USD/1 bitcoin). 
   

   

[jakelyson]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news

Definitely. The more value bitcoin has, the more incentives hackers have to hack exchanges, wallets and whatever they can hack to acquire bitcoin.

More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I do not think bitcoin will ever reach 1Million value without getting approved or at least regulated by the government.

[sammyp]

Well, while I do not anticipate such a price for bitcoin in this current generation or the next one, there will be an unceased chaos as people will try all methods to gain bitcoin. Scam issues will increase a hundred fold and bitcoin holders will go into hiding to avoid physical attacks. I do not want BTC to get to such price because the world will be an unpleasant place to live.

[uray]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

We will see more hacks in the future as it is an easy target as the exchanges are not trying their best to secure the user funds, we have seen that time and again and for any criminal enterprise it is the best way to make money at their comfort of their home without any violence . If you boast your virtual wealth then you might be under attack from criminals too, despite all that what is the realistic possibility of bitcoin touching a million dollar, i do not expect to see that valuation in a very long time.

[Ray55]

Standing at the moment I do not think Bitcoin will be worth $ 1.000,000 so far. Yes, as long as I am going, the demand for Bitcoin is increasing, but at the moment it is not Possible, I think Bitcoin Price is worth $ 1.000,000, still, it will take a minimum of 5 years.

[saywutagainidareu]

I think if Bitcoin were to ever be worth near that much, people wouldn't be comparing it to dollars anymore

[rdbase]

Today was the day satoshi nakamoto was going to reveal himself to the world on a website. Havent checked what the result of this was as I was a naysayer to anyone knowing who he really is or was.
But for it to reach this mark of one million per coin I would say he would need to be known and be proven to be the creator of bitcoin for it to reach this sort of astronomical levels.

[KennyR]

Today was the day satoshi nakamoto was going to reveal himself to the world on a website. Havent checked what the result of this was as I was a naysayer to anyone knowing who he really is or was.
But for it to reach this mark of one million per coin I would say he would need to be known and be proven to be the creator of bitcoin for it to reach this sort of astronomical levels.

There is no need for any identity reveal to reach such a big price per coin. As of now depending on the growth in number of users as well according to the acceptance similar to fiat the price has been growing with time. With this I believe the price of bitcoin will reach $1000000 in the future when majority of the countries come up legalized usage of bitcoin.

[panjay]

if btc hit 1mil$ it will be a headline in my local tv and have a talks show talking about it, more and more people will get scammed, many shady-outright scam business will start using it like MLM/Money games things.

Well there will be more and more bad things around security in general.

[uneng]

There will be many new millionaires in the world.
Besides that, I suppose virtual criminals would feel much more excited to attack than before and governments would target btc holders greedier than ever. Also, I don't know how good it would be, because it would mean a large removal of funds from local economies to put in crypto world. Bitcoin could worth 1 million dollars, but you could have a broken country economy at same time.

[George Alex]

if you look the market clearly you will see that is impossible to happen ,it will only happen if all cryptos be burned and all people fight to get bitcoin which also is Impossible in a real fact

[Rahman11]

It's not impossible to bitcoin hit 10m value in future, but it's longtime process! hackers will be are absolutely more and more will do try for grab bitcoin by their own way! and also peoples will more and more involving with bitcoin and they will definitely proffering to take this opportunity!

[bhabygrim]

If it does happen then I think by that time everyone is already using it.
And scammers and hackers would really be active to get some money.
The government would be into crypto by then and there would be so many laws connected to crypto.
But we all know that it is really impossible to happen.

[thankyoulord]

As bitcoin increases in price, we will also witness other things increase with it especially the issue of hackers and scammers as these guys are always attracted to anything that has to do with money. Seeing the value of bitcoin increase rapidly, will only make them device more ways tp hack and scam people.

[rodel caling]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

It's funny discussion but that is true possible to cause all troubles if bitcoin reach 1 million dollar, for sure government get will banned and take over if bitcoin bubbl s cause of criminality.

As bitcoin increases in price, we will also witness other things increase with it especially the issue of hackers and scammers as these guys are always attracted to anything that has to do with money. Seeing the value of bitcoin increase rapidly, will only make them device more ways tp hack and scam people.

We can't avoid scamm hacking because there are many people want to get fast earn by doing bad ways, so to avoid this scenario we all have responsibility to protect the coin we have stroing in the wallet and make check every time for the security porpuses.

[BlackFor3st]

I can't even imagine what will happen once BTC will hit 1,000,000 dollars in the future as this is a huge amount for a 1 bitcoin.
I guess you are correct once it will happen in the future, many will surely find an easy way to grab a 1 bitcoin or more, so an upgraded hacks will surely occur.

If most of the countries will accept bitcoin in the future, I am pretty sure that there will be plenty of laws in favor and against in bitcoin holders will be created.

[DreamStage]

There will certainly be more hacks as if technology advances, more hackers attempts will as well follow the same pace.
Violence and Criminalization is a thing in a real world which expands due to the lack of getting something back in an easy way so yeah probabily will follow its way.
Government will certain be putting their hands even more since profits will be way higher for each individual...

[sandra_x]

The bitcoin space is growing rapidly and issues regarding hacking of exchanges will likely be on the decline as there will be more research and investment into security as the space progresses.The only challenge may be with government as they will be losing the money control war.Bitcoin at 1000,000 will create an economy of about 20 trillion  $, that's bigger than all countries GDP

[pinoycash]

There will certainly be more hacks as if technology advances, more hackers attempts will as well follow the same pace.
Violence and Criminalization is a thing in a real world which expands due to the lack of getting something back in an easy way so yeah probabily will follow its way.
Government will certain be putting their hands even more since profits will be way higher for each individual...

Its true more hacks and more theft will occur, But seeing the bright side of BTC reaching 1M USD, we are probably living in the new era or new world order if that happens. An era where the power has been returned to common people like us! no more banking, Everyone will be their own bank running their own bitcoin node.

[Carrelmae10]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

..these scenario could possibly happen if and only if Bitcoin will reach $1million..a lot of Bitcoin enthusiast will become rich and wealthier as what they have now..and many would  patronize and accepts Bitcoin in their daily lives..I think Bitcoin will become the first ever number one digital crypto currency in the universe..

[biraddali125]

I think the whole world would be crazy about cryptocurrency, with that huge value of bitcoin, i think the countries that banned bitcoin in their place would be entering crypto and legalize the usage of bitcoin in their place. Many would trade and enter the crypto business because of $1M.

[MFahad]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Yeah, we will see it if imaginary bitcoin will be come at $1000000, then it will be difficult to save bitcoin in our wallets. I think we should do something more strong to save bitcoin. Now bitcoin has no highest price but still we see hacking cases, so instantly bitcoin reached as you mention this price then we couldn't imagine how difficult it will be.

[amonymous]

First of all, it does not seem possible to me that bitcoin can go up to 1 million. But if this is possible, then the governments of each country will be more vigorous in enforcing the la.
However, the income tax of many countries will increase but all of them will be a little more intimidated.

[Spaffin]

Bitcoin priced at a million dollars will never be for many reasons. Therefore, this is all not real. People themselves will not give him the opportunity to rise, the law of the market will work in this case. Can you imagine what bitcoin volatility will be if it reaches the price of even $ 200,000? That is why he will not rise even to this price.

[mmo4me.2016]

$1.000.000 !!!
That was the unbelievable price at this time, $ 20,000 was also the ideal price! I hope it will reach nearly $ 20,000 in the near future!

[Aldrinx00]

If btc would hit $1m each then lots of people are gonna be rich and it would trigger more hackers because the price is very lucrative and appealing. Well i don't think it will reach $1m maybe at least $50k -$100k a each, if ever bitcoin reached $1m the government will surely get in and increase people's tax in each country.

[BeManga]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

well for me i think its not really impossible for bitcoin
but before it happen it need to go mainstream and needed to be accepted everywhere

[ikicha]

Wow, insane, i dont know what happen if btc hit $1M price. Maybe not at decade.
If we hit this price, BTC will have $17 Trilion Market Cap
Just know, APPL stocks hit $1 Trillion market cap at 2018. so we are 17x bigger than AAPL? i dont think so

[sacred32700]

The bitcoin is back when it hits 1M$ because it falls from a few years and months ago but here it is still rising and rising the price, wait for the right time to sell again your bitcoins.

[cipherhut]

It looks good in the imagination but to manage it, in reality, is quite difficult as it will increase the possibility of risk, and happens only in case of imbalance liquidity flow. With the rising price of Bitcoin government has to be more decisive and regulates the crypto flow to maintain the balance in the market.

[phamminhtan]

The legal status of countries will be more questionable, the security solution for storing this currency will be boosted, and there will be many large orders appear, the volume of transactions will increase many times .. .

[LogitechMouse]

There are many effects if Bitcoin will reach 1 million per BTC but for me, when the price reaches $1,000,000 for sure the transaction fees will be higher .

We are seeing it right now. When the price of Bitcoin reaches $8000, the transaction fees is at around 2-3 dollars which is very huge especially for those who wants to transfer small amount of Bitcoin. Lightning Network has been the solution for these high fees but until not, it hasn't been used by many people.

[bering]

If that really happend i think those who hold bitcoin can recognized as millionaire because their crypto asset will became so valuable and regarding hacks news i think no need to wait bitcoin price hit that price because i'm sure hacks will always be aiming people who have bitcoin although bitcoin price not high

[thirdlight]

Hacker attacks will always be.  Especially when bitcoin is very expensive.  I think that another attack is already being prepared.  Everyone wants to take over Bitcoin.  And we can’t save ourselves from this.

[Apes]

if BTC hit $1.000.000 having 10 BTC is enough to run Project without having go through fundraising,
there will be many project projects developed by BTC holders, with the funds they have they are able to fund various ICO and become CEO.
and more and more people are investing in BTC because of success in market sales.

[RapTarX]

Of course, hackers will be lurking around, if btc reach $1 million, I bet fiat currency will be of no value but paper, the same of Venezuelan currency.

[Japinat]

The amount of BTC will trigger more hackers to focus on exchanges, but as the time passes, the crypto space will mature and this will result o less exchanges getting hack. We cannot discount the possibility of hacking as there are genius in the internet that loves to use their talents to illegal activities, but at least it will be minimize, that's my opinion.

[akirasendo17]

that will be the time when people will use this coin widely all over the world
and might start to abolish the current currency we are using and use coins like this
as we see in the movies we are gonna be using like chips and inside it might be the coins
and is directly deduct money in our pockets sounds like a good idea though this might be in the near future

[Pasaway2701]

$1.000.000 !!!
That was the unbelievable price at this time, $ 20,000 was also the ideal price! I hope it will reach nearly $ 20,000 in the near future!

That was incredible. Imagine how expensive the bitcoin may come if that happen. People might eager to have bitcoin even the way to get it may harm others. Many are going to celebrate when that happen specially those who wait for so long, but this is a dream for now.

[antisocial77]

If bitcoin hits even 100k, i wouldnt care what happens because i will not be around here.maybe only for telling how i become a millionere.

[A L I E N]

if btc hits 1 mil . i would be happy to be around for that to happen. i dont necessarily need btc to hit 1 mil. i would have alot of cars thats for sure. i think every young person would be spending like crazy on who knows what. and jus go completely broke. in a few years time.

People who owns it will be the most happiest and those who could not get or thought it was bubble would regret it later as they would have missed the money making opportunity during this bull run . It my or may not reach to that levels but it will rise from current level for sure .

I wish it would happen - in this case, all of the problems that I have will be solved. In reality, I think that Bitcoin has many chances to reach 15-20 thousand this year, too. It can happen close to winter.

[Sithara007]

Wow, insane, i dont know what happen if btc hit $1M price. Maybe not at decade.
If we hit this price, BTC will have $17 Trilion Market Cap
Just know, APPL stocks hit $1 Trillion market cap at 2018. so we are 17x bigger than AAPL? i dont think so

In this world, nothing is impossible. You can check the old posts in this forum from 2011 and 2012. Whenever someone claimed that BTC would have a price of $1,000 per coin or more, the response was mostly negative. At that time, no one believed that it was possible.

Similarly, right now it is difficult to believe that BTC could hit six digits or seven digits. But after 10 or 15 years, we may be seriously debating about this possibility (in case the level is not achieved by then).

[pinoycash]

Wow, insane, i dont know what happen if btc hit $1M price. Maybe not at decade.
If we hit this price, BTC will have $17 Trilion Market Cap
Just know, APPL stocks hit $1 Trillion market cap at 2018. so we are 17x bigger than AAPL? i dont think so

In this world, nothing is impossible. You can check the old posts in this forum from 2011 and 2012. Whenever someone claimed that BTC would have a price of $1,000 per coin or more, the response was mostly negative. At that time, no one believed that it was possible.

Similarly, right now it is difficult to believe that BTC could hit six digits or seven digits. But after 10 or 15 years, we may be seriously debating about this possibility (in case the level is not achieved by then).

With the current year to year growth of BTC we can fairly say that 1M USD/BTC can be achieve in the next 20 years or more, Its probably a different world by that time when everything is digital and paper money don't exist anymore.

[aioc]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I don't know if I am still alive to see that happen, but we are all going to be richer than average investors outside of cryptocurrency and government will have no choice but accept the fact that Bitcoin is here to stay, because 1 million for Bitcoin means big companies and big names are now on it.

[Netnox]

With the current year to year growth of BTC we can fairly say that 1M USD/BTC can be achieve in the next 20 years or more, Its probably a different world by that time when everything is digital and paper money don't exist anymore.

In order to achieve that level in 2040 or later, we need to make sure that Bitcoin survives for that long. And I am not very sure about that. Many of the technological innovations have short life-span, and usually amounts to 10 years or less. But Bitcoin has survived against all odds since 2009, so I am quite optimistic about its chances.

[lelylely]

If bitcoin reaches a price of $ 1,000,000, I will immediately sell, because prices that are too high will be very risky because bitcoin is fluctuating.

[sumangs]

It would happen but sadly I think we don't live on that time anymore. But I hope criminal activities won't exist anymore even though I think more and more will do illegal activities via bitcoin.

[Reosta_]

If Bitcoin can reach the value of 1 million dollars, i think most of the countries will use Bitcoin as a currency. By that, currencies like dollar,euro etc. will lost their importance on a wide scale.

[aryadiningrat123]

If bitcoin reaches a price of $ 1 million in the future, maybe we will often hear news about bitcoin being hacked and the price of bitcoin will come back down, so if bitcoin reaches the price of $ 1 million, maybe all bitcoin users will hope that the price will continue to rise in know this

[alina345]

If the price of Bitcoin hits $1,000,000 then the total market cap of Bitcoin will be $21,000,000,000,000. 

[DatKing]

I can't imagine now that Bitcoin can reach 1 million dollars at least in the near future. If it reaches 1 million in the future, I think Bitcoin will be the most important currency compared to any other currencies.

[Dikarama7]

I think it's difficult if the price of bitcoin reaches 1 million because it's an unreasonable price and will never happen.

[Vishnu.Reang]

I think it's difficult if the price of bitcoin reaches 1 million because it's an unreasonable price and will never happen.

I agree. In case such a situation arises in real life, then Bitcoin will be having more market capitalization than gold, and close to 6% of the global wealth will be in the form of Bitcoin. People like the Winklewii will become multi-billionaires and Saotoshi's stash will be worth close to a trillion dollars. And the Mt Gox robbery will be worth $650 billion. 

[Mikwik]

If this happens, all other crypto currencies will rise up too. The growth of the crypto currency will bloom once more like the last time it hit that height. Well, aside from those facts, this is also a good thing to happen if the BTC will rise up again in such limits because more people will come back and others will come and join us un here again.

[shoreno]

If it reaches 1 million in the future, I think Bitcoin will be the most important currency compared to any other currencies.

Bitcoin is already the most important currency ( only on the world of crypto ) this is the reason why bitcoin price is rising because people loves to support it however there are still more important currency locally and online . this why bitcoin cant get all the support so i can say that its not possible for bitcoin to achieve the 1million dollar mark   .

[Gi01]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Violence and criminal activities have been in existence way back before the introduction of money and even before Satoshi thought of developing a peer to peer cash system known as blockchain and Bitcoin. The price of Bitcoin reaching $1 million will not be the cause of violence and criminalization.

[ghost424]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

This question has a large pool of answers. Bitcoin hitting 5000$ was already a milestone that was so hard to achieve and everyone thought Bitcoin was a Bubble. I guess while Bitcoin increases its value, the number of Alternate Cryptocurrencies will also increase. Maybe there will come a time where governments will step in to regulate the value and set some limitations on how we can access Bitcoin. Violence may also increase due to the fact that people are greedy.

[pinoycash]

If this happens, all other crypto currencies will rise up too. The growth of the crypto currency will bloom once more like the last time it hit that height. Well, aside from those facts, this is also a good thing to happen if the BTC will rise up again in such limits because more people will come back and others will come and join us un here again.

Not all, Only the top currency will survive when BTC reach 1M USD, All those shit coins will be gone for good there's no way people will pay $100 per Linda coin so most projects will cease to exist since the market dominance of BTC will surely be at 80-90% level

[soulripper]

If bitcoin hit a one million dollar i think most of members in here will be a millionaire for sure. Others top ten coins would be huge also. Lambo ia coming..

[airdagon]

If that happens then of course there will be a lot of new rich people around the world, and maybe news about hacking will emerge because bitcoin is a very valuable asset, many people want it in an evil way

[Sithara007]

If bitcoin hit a one million dollar i think most of members in here will be a millionaire for sure. Others top ten coins would be huge also. Lambo ia coming..

Nope.. this forum has millions of members and only a small fraction of them have BTC1 in their wallets. I guess most of the users who registered after 2014 may be having less than 1 BTC, unless they had purchased Bitcoins at that time for investment purposes. But as I can see, the vast majority of the users get their coins from bounty campaigns and signatures, and few have actually invested their fiat savings in to BTC.

[Kwansimaa]

It would be a great record in the crypto industry to see bitcoin reach such heights. But if it hits such a price Ethereum could be work over $100k and many other major currencies would also rises. These are all speculation so please do your own research about the long term of bitcoin before you invest any tiny amount of money.

[Janation]

It's hard to believe that this is going to happen.

A lot of surprising things might happen.

With the volatility of Bitcoin, I don't think this is impossible. There a lot of price changes that happened in the past and it really surprises a lot of people. While Bitcoin is volatile, nothing is really impossible.

[analyststins]

I don't think hacking will increase solely due to the increase in price. Although a great incentive, $btc by design is tamper-proof. What you hear often is the social engineering to steal private keys or exchange related hacks that exploits other vulnerabilities.

[joshy23]

Everything is possible, since big news will spread if the value will rise high to that level, and with your assumptions things is very possible as even the value is not more than $10k many issues with hacking and criminalizations are already there, needs to be very furios to protect yourself and your assets
so if ever this will happened along the way.

[Wayan_Pedjeng]

I am not sure whether the governments will allow such a scenario. At $1 million per coin, Bitcoin alone will be having a market cap of around $18 trillion. Will the governments be comfortable with that much wealth locked up in a decentralized asset, over which they have no control? It is realistic to think that they will attempt to destroy BTC much before such a level could be attained.

[Little_king]

If btc hit $1m one day every holder will automatically rich and every satoshi will be worth holding as many still look down on satoshi now ,

The world will change for good as many that called it scam will start realizing how bad they have lost a big chance to turn their live around , why many rich men's make much  allegation on btc and they keep buying it for future in case but the poor ones are following without knowing what the rich men's could do or have done .

[Anonylz]

this is very simple question am sure majority will pass , in my own view, btc hit $1m, every crypto hodlers irrespective of what you hold will have a big smile on their faces, all the by standers all over the world will cry out loud for not believing and missing out, btc will gain the spotlight like never before seen, mainstream media will have a new headlines, many will want to join eventually, there will be a breath of fresh air . BUT there is the "IF"

[kickdapa]

If bitcoin hits 100K USD, I think there will be a panic in nonbeliever that they did not buy on time. Hackers will be more interest in the bitcoin to hack more exchange, we may see more hacking news than now. Personally, I want to see BTC at 50K USD, not 100K! Because to mainatain, a safe and peaceful ecosystem,  100K USD price seems very high! Though BTC price can even go to the 500K USD in the future!

[xWolfx]

It would be a great record in the crypto industry to see bitcoin reach such heights. But if it hits such a price Ethereum could be work over $100k and many other major currencies would also rises. These are all speculation so please do your own research about the long term of bitcoin before you invest any tiny amount of money.

I believe that Ethereum could even rise to a higher price when Bitcoin reaches the million. I really like both and they seem for me like they will survive whatever storm comes into their way and stay around for a good while.

When it's about the others i do believe that practically all are a waste of time in the long term(If the ones i saw so far). Also, of course it's speculation but it is definitely one standing on a pretty solid ground and the one most likely to happen.

[piebeyb]

yes, I believe the drama of the exchange site hack will continue to happen, but for $ 1,000,000 I think it's too fast to grow in the near future, well if the government will interfere I think YES, at least bitcoin has been legalized in all countries

[Al-e_x]

Of course it will silence the mouths of people who say that bitcoin is rubbish, and if it's true that happens then the government might make a new decision about bitcoin.

[fiulpro]

What did Happen when it went from 1$ to 20,000$ ?
More people tried pooling in ,
Amazingly governments started giving it a wild eye ,
People tried getting their hands on Bitcoins howsoever possible,
Not only the good but the bad things also started happening with Bitcoins ,

It started getting used to hide away taxes is multiple accounts, do illegal activities and all , and after a while when price was normal people started backlashing it because of such fall.
I don't think people will take this in a good way , essentially people who are involved in it are the only ones getting benefited .

[rdluffy]

It's hard to believe that this is going to happen, a lot of things could happen, but I think governments and banks will try everything to ban BTC before that price
It's not impossible, BTC have to grow step by step

[lupinvn]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Why do you have to think of unwanted scenarios when Bitcoin increased to $ 1,000,000 ?. Instead, people can set a much better perspective!
Agree with you that the high value of crypto is a means for bad organizations to take advantage of exchange. High value means it is more attractive to people, being hacked or appearing other vulnerabilities is inevitable.
On the positive side, however, it is clear that when Bitcoin reached $ 1 million for one dollar, its own capitalization was more than $ 21 trillion (in case all Bitcoin was created). So almost the common currency in the world will be Bitcoin always, and sure, anyone who holds Bitcoin or crypto (right now) will become a billionaire or at least be a millionaire. lol

[oseikuf44]

Do you think any investor will hold his 1,000,000 USD in just one Bitcoin in a wallet which can be hacked at a go or can be depreciated in just a fraction of time. Bitcoin going above 50,000 is not even possible in the near future. The competition of new coins and other alternative coins to bitcoins is so much that bitcoin alone can rise to that level. And I am even worried what factors can make bitcoins get to 1million USD.

[pixie85]

It will have a chance to become a world currency at 1 million. It will begin another chapter in the life of bitcoin and all other cryptos.
When people see that they can dump gold and all their hardware assets for bitcoin - a currency that is accepted anywhere they choose to travel.

If you are worried about dumps along the way they will happen much sooner. At 1 million not many people will want to sell.

[tippytoes]

Such value is still far from reality. But for the sake of discussion, I believe by the time it hits that amount, the adoption is already stronger and almost all people from all walks of life have their own possession of btc. Hacking is still there but more sophisticated wallets will emerge to combat this potential hacking scenarios.

[rdluffy]

Such value is still far from reality. But for the sake of discussion, I believe by the time it hits that amount, the adoption is already stronger and almost all people from all walks of life have their own possession of btc. Hacking is still there but more sophisticated wallets will emerge to combat this potential hacking scenarios.

I don't believe every person in the world will use BTC, today that is a lot of people who don't have credit cards or even a bank account, we are far from that
But I agree with you that this is far from reality, we have to do the math, all BTC worthing 1 million dollars each coin

[No Pain No blood]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I think this will be a big problem. This 1M price is very high, maybe the government will completely ban bitcoin, for fear of being hit by inflation. if 1000btc is converted to FIAT at the same time it won't make noise in a country.

[pant-79]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I think that then there will be more millionaires  . The question is what will happen in the world at that moment. After all, under different circumstances, the current price of bitcoin will have a different effect.
In general, the number of hackers is growing, because interest in crypto currencies is growing. And the more money can be obtained with the help of crypto currencies, the more crimes will be committed on this basis.

[BADecker]

If Bitcoin reaches $1,000,000 in the next 2 or 3 years, Fiat will crash, communications will crash, the economy will crash, Social Security and Medicare will crash, etc.

There will be worldwide chaos, but especially in the USA and Western Europe. People will die. Ultimately, the power grid and communications will crash. People will revert to at least Dark Ages living, but maybe all the way back to prehistoric style living.

All of this will happen because communications will be destroyed by the weight of the blockchain trying to communicate with all the people using Bitcoin. Bitcoin greed will bring the whole earth to its knees.

[XCANA]

Eventually if the price of Bitcoin hit $1.m, criminality will be on a high side and there will be wars of hack around the world of cryptocurrency. There will be series of problems that will be associated with the price, becasue everybody will bow to it price. People will piratically worship Bitcoin, and if eventually Satoshi .N. is fond, humans will make him their God.

[Firecold4]

if indeed bitcoin touches the price of $ 1 million most likely what will happen is that all online transactions will use bitcoin and the world economy will also use bitcoin as a means of payment or investment tool

[pinoycash]

If Bitcoin reaches $1,000,000 in the next 2 or 3 years, Fiat will crash, communications will crash, the economy will crash, Social Security and Medicare will crash, etc.

There will be worldwide chaos, but especially in the USA and Western Europe. People will die. Ultimately, the power grid and communications will crash. People will revert to at least Dark Ages living, but maybe all the way back to prehistoric style living.

All of this will happen because communications will be destroyed by the weight of the blockchain trying to communicate with all the people using Bitcoin. Bitcoin greed will bring the whole earth to its knees.

I dont think this will happen, Just like gold. Bitcoin and Fiat Money can always co-exist and thrive together.

If bitcoin bring us back to the darkages then having a 1Million USD/BTC is useless since we are probably going back to the old ways of paying for services just like barter service. A chicken for an egg trading.

[Micerker]

Bitcoin will not be able to achieve the price of $ 1M per Bitcoin. If it can make the value you set, I believe we all no longer use FIAT to pay and trade. With a large target, it needs major changes that change the whole history of identification before it achieved.

[coin-investor]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Even if the price hasn't reached to 5 digit level there are already hacking news and scamming going on, but if ever Bitcoin reaches to that level, the exchange security level will hire top-notch security experts and security software because every Bitcoin will be treated with utmost importance, of course, we cannot prevent these hacking and criminalization it will still exist.

[Evgenklm]

I do not even know, there are doubts about this amount of $ 1 million. Imagine what should be the capitalization at this price, though I believe in bitcoin, and its technology and blockchain in general, but I doubt that such a price will be in the near future.

[Siren]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

Maybe not just rules but there might be Holding from the government or the worst thing is they will banned the bitcoin worldwide to benefits from the situation.

But I am pretty sure before bitcoin hits the 1000,000,$ value the world already accepted bitcoin and the legit cryptocurrency,and all of us are benefiting from what we have hard worked

[micalith]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

That's impossible to happen maybe 100k USD each might possible but even the 1m USD each bitcoin won't help to stop hackers for hacking and stealing bitcoin it is their nature of earning money.

We can't change it unless if the price of bitcoin will become no value in the future I'm sure there is no hacking news will be published in the future related to bitcoin hacking.

Since the bitcoin price is increasing more hackers and criminals are attracted to get easy bitcoin to their victim.

I totally agree. Btc price will grow but i don’t believe it will be 1 million $. Apparently, as long as bitcoin price keep increasing there is no way to keep it stay away from hackers. They will try to find more ways to steal it.

[Vishnu.Reang]

Eventually if the price of Bitcoin hit $1.m, criminality will be on a high side and there will be wars of hack around the world of cryptocurrency. There will be series of problems that will be associated with the price, becasue everybody will bow to it price. People will piratically worship Bitcoin, and if eventually Satoshi .N. is fond, humans will make him their God.

I don't think that the hacking frequency will go up if the price increases. On the other hand, I would say that such incidents will go down in number. If the prices increase, then more number of users will be able to purchase accessories such as hardware wallets, which can prevent the vast majority of the hacking attempts. So according to me, the hacks may go down in number.

[pinoycash]

Eventually if the price of Bitcoin hit $1.m, criminality will be on a high side and there will be wars of hack around the world of cryptocurrency. There will be series of problems that will be associated with the price, becasue everybody will bow to it price. People will piratically worship Bitcoin, and if eventually Satoshi .N. is fond, humans will make him their God.

I don't think that the hacking frequency will go up if the price increases. On the other hand, I would say that such incidents will go down in number. If the prices increase, then more number of users will be able to purchase accessories such as hardware wallets, which can prevent the vast majority of the hacking attempts. So according to me, the hacks may go down in number.

Probably he is saying, hacking incident will be more frequent and prevalent. Since the more valuable or expensive bitcoin become, many hackers will be in the lookout for more ways to steal people's coin.

having a hardware wallet is not the safest way to store bitcoin, Paper wallet are still the best cold storage for our cryptocurrency.

[Carollzinha]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Well your description is not much different from what is happening already lol
We already have lots of hackers with many exchanges being hacked really often, regular people being targeted by scammers and now, at least in Brazil, abusive charges being levied in every transaction we do at brazilian exchanges
So, please tell me, how is it different from what you described?

[XCANA]

Eventually if the price of Bitcoin hit $1.m, criminality will be on a high side and there will be wars of hack around the world of cryptocurrency. There will be series of problems that will be associated with the price, becasue everybody will bow to it price. People will piratically worship Bitcoin, and if eventually Satoshi .N. is fond, humans will make him their God.

I don't think that the hacking frequency will go up if the price increases. ~

  whenever demands increase, crime will definitely rise to the peak, imagine the price of Bitcoin to soar from $8,000 to $1.m, how do you think there will be no demands, and those who can't get it legally will either get it illegally, so, hacking will be on the high side and scam will skyrocket. 

[Noojna]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I think that if Bitcoin reaches such a price, Bitcoin addresses will become more fragmented as even an address with 0.1 BTC will be worth a lot of money.

More addresses, more people owning fewer Bitcoin.

I don't think this will mean more hacking however, as we learn to protect ourselves and we learn not to leave weaknesses in our setups, and we stop leaving coin at exchanges. Who knows, maybe even some exchanges may become safe.

Crime does not get created by value of a currency; crime is a social phenomenon. Crime will exist whether BTC is worth 1$ or 1 million $ the same way.

[Lumi3004]

No one is sure to guess about humans for the future, if bitcoin BTC reaches $ 1 million,
It could be that all humans will have cars, luxury homes. There are no more poor people in this world.

[Nhor1011]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

That is imposible to happen even in prediction ,bitcoin reach $1M even in the future. But if ever it will happen many people will become rich and others will become violence and has no self control with their wealth.

[Pom_bensin]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

the government will certainly take advantage of the situation to tax the owner of bitcoin and that is sure to happen, because the nominal high bitcoin price makes people increase in terms of the economy and the government will use it to tax.

[Vishnu.Reang]

Eventually if the price of Bitcoin hit $1.m, criminality will be on a high side and there will be wars of hack around the world of cryptocurrency. There will be series of problems that will be associated with the price, becasue everybody will bow to it price. People will piratically worship Bitcoin, and if eventually Satoshi .N. is fond, humans will make him their God.

I don't think that the hacking frequency will go up if the price increases. On the other hand, I would say that such incidents will go down in number. If the prices increase, then more number of users will be able to purchase accessories such as hardware wallets, which can prevent the vast majority of the hacking attempts. So according to me, the hacks may go down in number.

Probably he is saying, hacking incident will be more frequent and prevalent. Since the more valuable or expensive bitcoin become, many hackers will be in the lookout for more ways to steal people's coin.

having a hardware wallet is not the safest way to store bitcoin, Paper wallet are still the best cold storage for our cryptocurrency.

I agree. The incidence of hacking may increase, but the success rate for the criminals will be in decline. But still you need to understand the risks that are associated with hardware and paper wallets. In case the private key or backup files are lost, then there is no way to recover the coins. And paper wallets are very vulnerable to robbery. Storing the private keys can be a complicated process.

[smartbitcoininvestor]

If Bitcoin hits $1,000,000 then we will have Bitcoin on Mars as well.

[Carollzinha]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

the government will certainly take advantage of the situation to tax the owner of bitcoin and that is sure to happen, because the nominal high bitcoin price makes people increase in terms of the economy and the government will use it to tax.

Since May/07 they are already asking for that tax here in Brazil and it can be over 10% of your transaction (withdrawals, payments with bitcoins or anything that they have access to). Brazilian exchanges are now obliged to request KYC from everyone that buy or sell cryptos and inform it to our government so any time you will ever do any crypto transaction they will know your name, your ID card number and how much your transaction was.. right after they will request you some proofs in how you got these coins from (to make sure its not money laundry) and then request these abusive taxes

[Vaskiy]

If it is true that the price of bitcoin reaches such a value, I think the government will be more decisive in giving the rules to each country, and the income tax will increase, for example in my country.

the government will certainly take advantage of the situation to tax the owner of bitcoin and that is sure to happen, because the nominal high bitcoin price makes people increase in terms of the economy and the government will use it to tax.

If government feel that it has been giving users a massive income and the government isn't making any fortune out of the same, surely it will take it a big issue and make more strict regulations to keep everything under control. From my view growth can happen, and if it grows slow and steadily it won't get the attention. If the same grows suddenly entire focus gets turned over it which is not good for a growing network.

[okala]

When bitcoin get to one million dollars in the future then we can boldly say that it has attained it mainstream position and the government will then see the need to adopt bitcoin and a secondary currency in their territory. With lots of users having confidence in the bitcoin network.

[Vishnu.Reang]

When bitcoin get to one million dollars in the future then we can boldly say that it has attained it mainstream position and the government will then see the need to adopt bitcoin and a secondary currency in their territory. With lots of users having confidence in the bitcoin network.

In case that happens, then the total BTC market cap will be somewhere around $20 trillion. And now compare this to the total worth of all the banknotes and coins circulating in the world, which is only a fraction of this amount. I am not sure whether the governments will be at ease with such a scenario. I am talking about countries such as China, where the national currency is heavily manipulated.

[Lily_Olive]

I am sure it will hit $100k, but not in the next 2 years. BTC are the easiest, cheapest/fastest way to invest, earn, spend, transfer your money.

In the next some years the price will probably go higher, but I don’t think that it will raise too much. I don’t belive that it will reach $1M (some people talk about that) in some years, but $100k is a possible price.

[adzino]

If bitcoin hits $1,000,000 then there is a possibility of  two things that might have happened which has triggered the price to reach this position. First, the market might have been extremely manipulated to reach this position (very highly unlikely and even if it does happen the price will end up crashing very badly). Or, we have officially announced bitcoin as the global currency and everyone is using it.
To be honest, nothing will happen. People will lead their life as usual and instead of using just the fiat currency, they will be using crypto currencies.

[kidoseagle0312]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

It easy to say, but the question is give us some reason why BTC need to hit 1,000,000$ eachBTC?
Because if you will not show any of the factors to make it happen, or give some links article about it, I guess
you are making only some story about it. Sorry for this dude, I am just stating the fact. Imagine the price of
Bitcoin so far was 7890$ each, this was happened for 10 years though last 2017 it went up to 20k$  almost each bitcoin
it just dumped now, so if you are going to analyse it how many decades will takes before 1M$ each of bitcoin?
Think of it?

[DreamStage]

When bitcoin get to one million dollars in the future then we can boldly say that it has attained it mainstream position and the government will then see the need to adopt bitcoin and a secondary currency in their territory. With lots of users having confidence in the bitcoin network.

That's actually not what government will be focusing on...
What it should happen is keep stability against or with fiat in same principles and rules applied to fiat vs bitcoin or any other cryptocurrency.
If we manage to stay on those tracks we will have a better world to everyone using crypto or bitcoin.

[Nanagyasi]

Well, let's wait till it hits that before we think about what happens. For now, we have not yet crossed even 10k. However, I just don't see anything else that will happen that to see more people becoming billionaires

[kotajikikox]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If bitcoin reach 1million dollar price value possible increase the number of hackers and only millionaires can buy or afford to buy bitcoin if that speculatuon comes true. And the government keeping all attention for the bitcoin how to regulate as currenc.

[zee11225]

When bitcoin get to one million dollars in the future then we can boldly say that it has attained it mainstream position and the government will then see the need to adopt bitcoin and a secondary currency in their territory. With lots of users having confidence in the bitcoin network.

If the price of bitcoin reaches one million US dollars, we can be sure that the bitcoin owners who invest from now will become millionaires in the future. Whether that will happen, time will answer. For bitcoin, all possibilities can occur.
But certainly the government anywhere cannot underestimate digital currencies such as bitcoin, because its function besides being a means of payment also becomes investment and trade. The role of bitcoin in the future I am sure is not usually ignored because the users are increasing.

[Sithara007]

If bitcoin reach 1million dollar price value possible increase the number of hackers and only millionaires can buy or afford to buy bitcoin if that speculatuon comes true. And the government keeping all attention for the bitcoin how to regulate as currenc.

Your statement is very surprising... considering your forum rank. You may be knowing that Bitcoins are indefinitely divisible. Each Bitcoin is divisible by 100 million units, and these units are known as "Satoshis". So you don't need to purchase one full Bitcoin. You can purchase BTC0.001 or even BTC0.0001. Therefore I would say that your statement that BTC will become unaffordable, doesn't make any sense.

[Watershin]

If bitcoin reach 1million dollar price value possible increase the number of hackers and only millionaires can buy or afford to buy bitcoin if that speculatuon comes true. And the government keeping all attention for the bitcoin how to regulate as currenc.

Your statement is very surprising... considering your forum rank. You may be knowing that Bitcoins are indefinitely divisible. Each Bitcoin is divisible by 100 million units, and these units are known as "Satoshis". So you don't need to purchase one full Bitcoin. You can purchase BTC0.001 or even BTC0.0001. Therefore I would say that your statement that BTC will become unaffordable, doesn't make any sense.

What you are saying is true, when the price will hit 1million dollar then automatically each satoshi will become worthy and even who are holding 1 lakh sats will be rich.

[habimo]

I believe that my bitcoin will not be at the price of 1.000.000$ ，Because this will cause more countries to be destroyed by the economic bubble.

[OcTA Bd]

I think it will be a dream day for all the crypto currency holder. But originally it will take a lot of time. The market is still in it's blooming stage. But from my point of view btc will come in light to all the countries but it will take a lot of time. Let's hope for the best and prepare for any worst condition.

[The Seller]

I have the same opinion with you, that the higher the price of bitcoin, the more hacking cases will be, but if that really happens then the security in the crypto world will definitely be improved even though we know there will always be a gap for those perpetrators cyber crime.

[shane]

First of all, I don't think it will hit $1 million per bitcoin.

If we assume that it will happen in the future, there will be no fiat currency usage and probably traditional banks will not exist. All people will use bitcoin instead of traditional currency as there is no value for fiat currency when compared to bitcoin.

Furthermore, entrepreneurs who jumped to the bitcoin train early such as cryptocurrency exchanges will become new trillionaires in Fortune magazine. 

Like others said, there will be a risk of increased hacks as well because if a hacker can steal even a single bitcoin, that will make his fortune.

[ngusmin]

If bitcoin reaches a price of 1 million, there will be a lot of scam in crypto and it is possible that the government will be more assertive about the ownership of bitcoin.

[bittick]

If bitcoin reaches a price of 1 million, there will be a lot of scam in crypto and it is possible that the government will be more assertive about the ownership of bitcoin.

The government will be more likely to push the taxes to whoever have the bitcoin considering they can become a really good ta
xation object I mean ez money for the government, however the bitcoin users will also face the difficulty of high transaction fee and will undergo many verification by government which is pain in the ass.

[leonair]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If Bitcoin reaches the price of 1 million per piece then the mass adoption hit it hard, why do you even think that it's hackable, never in history of Bitcoin that it was breach by somebody instead the one that got hacked is the platforms that were using it just like exchanges, casinos, etc.

The price of Bitcoin increases because obviously there a lot of investments coming in and so as the trust of the people who are doing it.

[Nunoluck]

Most of hackers now focused in bitcoin whether it price above $1.000.000 or below $10.000 hackers still focus in it. So in term of security there is no significant change. But in term of economy it will be good because long term bitcoin holders can become very rich. If more people increase their purchasing power then it is good for the velocity of money. The gap between the rich and the poor will be smaller.

[DaWidyaa]

In my opinion when Bitcoin reaches the price of $ 1,000,000 it is certainly a small coin and also the altcoin will go up and it is very profitable for traders, and I hope that will happen.

[Rufsilf]

I’ll be amazing if bitcoin will indeed reach 1m$, who knows maybe it’ll happen but it still a long way to go we’ll see soon. Anyways, even with bitcoin’s current there are a lot of hackers or scammer already, all the more when more people will adopt bitcoin. If a lot will adopt bitcoin it means a lot will know more about it and all type of scammers will come up.

[Pagri]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

On the contrary, I think that for the price of bitcoin to reach such a high value, mass adoption must be a reality and government regulations must be clearer and more permissive for the use of Bitcoin, otherwise I do not see how big capitals can flow in such a massive way to the market as to raise the price at those heights.

[fortunecrypto]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If that happens there will be a lot of rich people among us, of course, there will be a lot of hacking incidents that are going to happen people are going to work more for even a small sum of bitcoin, like faucets there will be a lot of Atm and government will prioritize taxing anything about Bitcoin.

[shesheboy]

First of all i dont think that btc could hit 1m usd because i think that is too impossible and bitcoin could be struggling to hit that much .

if we look at the current value right now we can see that bitcoin itself is already struggling to recover but how much more if it reaches higher price ? Second of all , let say 1m usd is possible i think all bitcoin users are going to be millionaires but 1m usd wont stay for too long because alot of bitcoin hodlers will sold thier assets .

[13Charlie]

If bitcoins hit $1.000.000 within the next few years, the buying power of the dollar would most likely have collapsed due to dept and inflations. I think that before we start talking about a 1m dollar bitcoins we should focus on the 100k price.

+1

Let's not get ahead of ourselves. $20K would be nice again in the next few years. $100K is a long shot (but also nice). $1M - Good luck! with that!!!!!!

[kevinzxz]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

if in the future BTC price become $ 1,000,000, i am sure many people will get rich, because with the increase in the price of Bitcoin it will make the cryptocurrency price also increase and as we know that cryptocurrency investors are increasing every year, so if the price of BTC becomes $ 1,000,000 in the future, so i can make sure there will be many people who will become rich in this world.

[MMS2017]

If the bitcoin value reached up to this level then the use of this currency will be more normal than now and the trade and use activities will be rising day by day. Crypto currencies are formal now and a limited community is using this all but we know that in the near future we will be able to see the the crypto rise and it's online use.

[mrmj_cryptoreporter]

I Wish to see this Hit: i will be rich life   in my country ) i am collecting and saving bitcoin for future wealth. .  I know this will come soon.

[kidoseagle0312]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I have a first question for you mate before I give my opinion to your topic. How many years now that bitcoin stand in this business industry?
Of course your answer is 10 years, right? and how much so far each Bitcoin now? it is ranging from 7800$ to 8100$ so far.according to coinmarketcap. So do you think how many more years to come before bitcoin reach that amount which is 1,000,000$? although, we don't know what will happen tomorrow. You try to think of it.

[BitBustah]

Sorry but I think John Mcafee is nuts, bitcoin will not hit one million dollars within the time frame he predicted.  Johnny just craves attention, that is why he makes all these crazy predictions.

Even just reaching 100k is unimaginable.

[LUCKMCFLY]

Obviously the attacks will increase, because the amount of money when it is higher increases the interest for the bad, it is necessary that if the bitocin reaches $ 1M the increases of security are substantial, the wallets will begin to charge much more for providing the necessary security .

Violence will always exist, the news will not have any impact on the market, because the same thing always happens, the more bad news is, it will not affect the market in the least, it will always be a reason to create FUD, or some strategy so that the people sell cheap.

The bitcoin holders will always keep their bitcoins very safe, they will not have any problem about it, the qe if they can have problem are the different Exchanges, because if they do not invest large sum of money in their security they will have many problems with their clients, such as has happened with the Exchange Hacked. Many Exchanges have been officially solidified, some are SCAM, others do not even have or are taken into account by CMC, and this is already something substantially dangerous, because the security guarantees are diminished and the truth reliability is very low, therefore, the big ones Intersores and speculators will go to the Exchanges that will produce greater security and will begin to operate from there.

[Netnox]

Sorry but I think John Mcafee is nuts, bitcoin will not hit one million dollars within the time frame he predicted.  Johnny just craves attention, that is why he makes all these crazy predictions.

Even just reaching 100k is unimaginable.

McAfee is interested in only two things. First one is to make money for himself. And the second is to remain in the media limelight, so that he can win the Libertarian primaries, and then contest in the 2020 presidential elections. But unfortunately for him, Larry Sharpe is surging ahead of all the other candidates, and McAfee may struggle to compete against him.

[Wayan_Pedjeng]

If the bitcoin value reached up to this level then the use of this currency will be more normal than now and the trade and use activities will be rising day by day. Crypto currencies are formal now and a limited community is using this all but we know that in the near future we will be able to see the the crypto rise and it's online use.

Use your brain. In case Bitcoin goes up by 125x, then who will be stupid enough to spend Bitcoin? They will put all of their coins in cold storage, waiting for another 125x rise. Only some of the users will sell a part of their holdings. Everyone, including the mainstream investors will be racing in to accumulate Bitcoins. Can any other asset give them that sort of returns?

[millgates]

Sorry but I think John Mcafee is nuts, bitcoin will not hit one million dollars within the time frame he predicted.  Johnny just craves attention, that is why he makes all these crazy predictions.

Even just reaching 100k is unimaginable.

Bitcoin price is unpredictable, so we can not make amy conclusion yet. Actually there are some analisys methods that we can use to predict bitcoin price at certain time. John Mcafee is an expert so maybe he make that statement based on his analisys. But its not mean that it will really happen. I don't have any doubt about bitcoin reach $1.000.000, there are many posibility about it.

[phamminhtan]

If bitcoin reaches $ 1 million, I believe that bitcoin then accounts for 90% of its daily trading activities, from trade to trading between countries.

[Janation]

I Wish to see this Hit: i will be rich life   in my country ) i am collecting and saving bitcoin for future wealth. .  I know this will come soon.

Just wait and be patient.

The early buyers of Bitcoin should've been able to make a huge fortune out of this if they keep on holding it until now. I think they did but with that long time, I guess some sold theirs. You should not just focus on BTC since there are a lot of other cryptocurrencies you can invest in that will give you a good profit. You can also trade that to BTC to get more. When that price comes, you are a cryptocurrency millionaire, or maybe a billionaire.

[candra raditya]

It's hard to imagine the things that will happen when bitcoin touches the price of 1 million because it's a high price beyond logic, and I think bitcoin will never be able to achieve it.

[FUD Expert]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I know that first of all, this value is absurd but I'll give the benefit of the doubt. If this does happen then there will surely more major hacks but I think that this time, the perpetrators are now can be identified and jailed because the government is sure now on our side. And robbery will be present like always but on that scenario, it's btc that they most definitely want rather than gold and fiat.

[izanagi narukami]

Hacker will find more way to hack so it's impossible for BTC to hit such high amount because when there is hacking incident, people's trust also decrease from time to time.

Of course time will tell the truth because no body can expect bitcoin from $ 0.05 /btc in 2009 become around $ 8000 , today !

[partysaurus]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

think we will see alot of people that would normaly not have so much mone starting projects that might benefit humanity and nature in a bigger way than corp billionares ever would. so i think it will be a good thing for the world as a whole.

[bitzizzix]

The big increase in bitcoin is everyone's hope, but if it reaches that much I think it's impossible and even though it happens, it will take a very long time.
and besides that it is very risky besides a lot of fraud or crime in any way to be able to have bitcoin which is not his right, and the government will not stay silent to take action to make regulations.

[MUG1WARA]

this sounds really funny
but if indeed bitcoin reaches a price of $ 1000 000 in the future, maybe there will be many people who are crazy because those who never hold money suddenly become rich and maybe there will be a lot of hacking or killing people who have bitcoin (robbers will take hostages and ask for passwords)
but maybe also each country will increase security and request tax from bitcoin owners

[Netnox]

Hacker will find more way to hack so it's impossible for BTC to hit such high amount because when there is hacking incident, people's trust also decrease from time to time.

Of course time will tell the truth because no body can expect bitcoin from $ 0.05 /btc in 2009 become around $ 8000 , today !

Hackers will find more ways to hack, only if they exist. You need to remember that 99% of the hacking incidents occur because of the carelessness of the user. All you need to do is to adhere to a few basic safety precautions. In case you are using an online wallet such as Blockchain.info, then you need to enable 2FA and email authentication. These simple steps will make your wallet out of reach for the hackers. Another option is to purchase a hardware wallet. They are not very expensive, IMO.

[Landak]

if that really happens
i guess paper money (fiat) will not be valid or not useful anymore, many wealthy people appear. the price of goods is getting more expensive, just imagine a crypto (bitcoin) worth 1 million dollars. that is crazy lol.

[MMS2017]

If bitcoin hit the 1 million target then this will affect bitcoin positively and we know that Crypto has a good future so now it is the best time to invest in these currencies and make the bright future, Crypto currencies are very useful and it is the way we can hire the expert services through online market and big casino are operating and they use crypto.

[uray]

if that really happens
i guess paper money (fiat) will not be valid or not useful anymore, many wealthy people appear. the price of goods is getting more expensive, just imagine a crypto (bitcoin) worth 1 million dollars. that is crazy lol.

May i ask how you came to a conclusion like this, if the price of bitcoin touches those valuation how come paper money will loose its valuation, i would like to hear your theory regarding that  . Do you really think that the general expense will increase if the price of bitcoin increases, what kind of commerce analogy is that dude  . If people invest when the price was right, then they could make some money and nothing else. The world will move on as normal.

[pushups44]

Hacker will find more way to hack so it's impossible for BTC to hit such high amount because when there is hacking incident, people's trust also decrease from time to time.

Of course time will tell the truth because no body can expect bitcoin from $ 0.05 /btc in 2009 become around $ 8000 , today !

I disagree. The Binance hack had a negligible affect on the price of bitcoin. The industry has matured enough so that hacks generally are already baked into the price. Ultimately, the price of bitcoin is driven by supply and demand, and the supply is getting scarcer and scarcer.

[Christofer2000]

I think it's impossible for Bitcoin to get that value
On the other hand, nobody was expecting anyone, so who knows ...
If this happens, all of us will become millionaires
and hacking attacks will come to that

[Krislaw]

hi guys
if BTC hit 1 million $ in the future what will happen

I guess bitcoin become regular payment on europe and america when hit 1 Million USD/1 BTC, so many people use bitcoin for payment and exchange fiat into bitcoin on exchange market. Rules has made for country when adopting and implement bitcoin, then institution was invest bitcoin as main future technology.

[DmitFomin]

Hacker will find more way to hack so it's impossible for BTC to hit such high amount because when there is hacking incident, people's trust also decrease from time to time.
Of course time will tell the truth because no body can expect bitcoin from $ 0.05 /btc in 2009 become around $ 8000 , today !

I disagree. The Binance hack had a negligible affect on the price of bitcoin. The industry has matured enough so that hacks generally are already baked into the price. Ultimately, the price of bitcoin is driven by supply and demand, and the supply is getting scarcer and scarcer.

I agree, Binance hacking doesn’t have a big impact on the price of Bitcoin. In the future, it is possible that the price will rise to $1 million, but when this happens, no one knows. But the fact that Bitcoin expands the scope of its use and its price grows is a fact.

[boyptc]

Why people are attached to that idea that whenever bitcoin pumps, more negative things will happen? because of those activities that will ride the popularity and trend of it?

Hackers have been penetrating whomever they want so expect it and on our part, we just have to keep ourselves safe from them.

[Vishnu.Reang]

It will be very interesting to see the reaction from the governments in case something like that happens. $20 trillion will be locked up in a decentralized asset, over which the central banks have no control. And even worse, the government can't even effectively extract the taxes, due to the advantage of added anonymity of the cryptocurrency.

[Noojna]

Why people are attached to that idea that whenever bitcoin pumps, more negative things will happen? because of those activities that will ride the popularity and trend of it?

Hackers have been penetrating whomever they want so expect it and on our part, we just have to keep ourselves safe from them.

Yes, I agree with you totally. I think BTC already gets all the hacker attention it can get; a higher price won't change anything.

[normanz]

More impressed is not possible at the price of $ 1,000,000, and I think it will be wishful thinking, and even though it really happens then holding bitcoin will be very risky because bitcoin will fall free.

[Flyingduck2K]

i think that we won't see that happen in the next years. more like, 10-15 yrs or more.
by that time inflation probably will let it look like a few k's.

[tukagero]

If btc hit 1,000,000$ there will be a huge numbers of millionaires, hacking will the major problem by online wallets and exchanges. But that price is only a dream and will never happen.

[bigvito19]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

Maybe $100,000 is the most, do you know how much money needs to be in crytpo for it to be $1 million?

[LUCKMCFLY]

I think they will have a way to new Exchanges, because there will be many investors who want to buy Bitcoin, and regarding the issue of Hacking all Exchanges must have security plans and this translates into fees for more expensive transactions, because the Exchange will guarantee security, without To count that the transactions for the entrance and exit of money of the Exchange will be more expensive.

In addition there will be a large increase in altcoins, which, for all altcoins must increase their securities, because if bitcoin reaches those prices the altcoins will give very high jumps around 3x, 5x, 10x ... I think security should be This is a primordial issue for everything, because the efforts to obtain coins will be greater every day.

[LimLims]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If that sick thing Gonna happen in the future, then i am sure, a lot of things will change.
First of all the holders, i mean the ones holding Bitcoins will be more rich.
The tx fees will ofc increase.
There will be a lot many marketplace regarding to Bitcoins will open.
And lastly a new Digital world will take place.

[WinslowIII]

Most people holding bitcoin today would have long since sold before it hits $1m, thats my guess. That probably includes every person who has spoken in this thread. 

[Gabteb]

If BTC hit  mln then huge work will be done for it maybe big adaptation would be done already all big and small companies would accept it so then BTC would be one of the main payment methods of the world about hack maybe a little more but not so much as at that stage most companies would have good technical teams for support and etc. it my opinion.

[WinslowIII]

If BTC hit  mln then huge work will be done for it maybe big adaptation would be done already all big and small companies would accept it so then BTC would be one of the main payment methods of the world about hack maybe a little more but not so much as at that stage most companies would have good technical teams for support and etc. it my opinion.

None of this needs to happen, speculation alone could do it.
Why do so many people think a $1m bitcoin simply has to be supported by a linear rise in both infux of capital and mass adoption? All that needs to happen is for enough people in the world to want it - that's it, nothing more - the scarcity of bitcoin will take care of the rest.

[Adriano2010]

I think if will happen most who hold bitcoin will be happy, but also who don't have will try to get some, and also will appears a lot of scammers and also a lor of hackers trying to steal coins. Regarding altcoins either will value a lot or will go down, i think also them will value way more then now.

[Irviyandi]

The main view we see if bitcoin reaches that price, so many new rich people are in the world of bitcoin and maybe it could be that many of them use bitcoin that is not good for criminals or anything like you mentioned, and hacking is very likely  Because the price of bitcoin is quite high

[wheelz1200]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

At that point you will see governments all in trying to see how they can make their piece of the pie.  You can guarantee to see heavy regulation and a proper tax code that wont be so grey.  You will also see traditional big boy companies making their version of exchanges as well killing off these little exchanges that keep popping up.  You will surely see more scammers here on this forum that's for sure lol.

[Dewi Aries]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

More people complain about exchanger fees that really expensive  maybe 1 thing that will happen if bitcoin reach $1000000. And maybe a lot of people here can be very rich with that and a country couldn't handle it.

[jerry0]

Wouldn't this be a big concern because if it happens... then too many millionaires?


Thus being rich isn't a big thing anymore?  Example say someone has 5 btc.  That would be 5 million dollars... that is rich no matter where you are located.

[WinslowIII]

Wouldn't this be a big concern because if it happens... then too many millionaires?


Thus being rich isn't a big thing anymore?  Example say someone has 5 btc.  That would be 5 million dollars... that is rich no matter where you are located.

It won't be that rich when the usd value is worth far less than today, which is where it's headed. Another thing to consider is at $1m, most small holders would have long since sold, with many shorting expecting a pullback that doesn't happen or many just wrongly thinking all that fiat they just traded their btc for would hold it's value.
It makes sense when you consider the reason bitcoin was created in the first place and compare that to the ever increasing fiat crisis. It makes no sense to those who believe that the current fiat systems and economies will be fine. If all you are interested in is using bitcoins to increase fiat, in other words, you may not end up too happy long term.
Will it do it? I have no idea, but I wouldn't be the least bit surprised - just look at the world debt and all this quantitative easing shenanigans.

[iqlimasyadiqa]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

When the price of bitcoin increases, it will make more people interested in having bitcoin, this will increase the occurrence of crime because every criminal will surely think that they can earn a lot of money. Now when this happens, the security system should be improved and every user must be able to make an appropriate way to keep his account or wallet much better. don't let other people (criminals) be able to take advantage of existing security gaps. use the best wallet and we must have good knowledge about security to be able to maintain the bitcoin we have.

[omonuyak]

Wouldn't this be a big concern because if it happens... then too many millionaires?


Thus being rich isn't a big thing anymore?  Example say someone has 5 btc.  That would be 5 million dollars... that is rich no matter where you are located.

We would all be rich but that do not mean richest will create problems in the society. Bitcoin has that potential to grow to $1,000,000 and it is very clear that we see to it that one day this is going to happen. If you really desire to be among the rich in future then buy bitcoin and makes up your mind to sell when it has reached $1,000,000 and if that happens in the next few years you will be among the rich.

[Shinpako09]

Wouldn't this be a big concern because if it happens... then too many millionaires?


Thus being rich isn't a big thing anymore?  Example say someone has 5 btc.  That would be 5 million dollars... that is rich no matter where you are located.

We would all be rich but that do not mean richest will create problems in the society. Bitcoin has that potential to grow to $1,000,000 and it is very clear that we see to it that one day this is going to happen. If you really desire to be among the rich in future then buy bitcoin and makes up your mind to sell when it has reached $1,000,000 and if that happens in the next few years you will be among the rich.

The question is are you still alive if ever btc reach such price? for sure 10 years isn't enough for waiting. All saying about btc reaching $1M price is just prediction/speculation. There's no concrete evidence that shows it were going to happen in the future. Although, I would love it, it's kinda too high for me and it's not affordable by that time.

[cryptjh]

A million dollar bitcoins will mean that bitcoins have turned into a world-recognized digital gold store of wealth.
This scenario will probably happen in the next twenty years.  But probably most faster.

[beerlover]

That would mean the bitcoin marketcap would reach 18 trillion dollars if I am not wrong. Now, I am not saying its impossible since there is something called inflation and that would result with dollar losing its value every single year so it could happen given enough decades . However, in reality there is no way Bitcoin can become bigger than NYSE stock market as a whole, not just one stock or a group of stocks I mean ALL STOCKS in NYSE so its impossible for now.

However, when the day comes and NYSE total marketcap reaches over 100 trillion then it wouldn't be a shock that bitcoin becomes a million each. It has done x100 before and I am sure it will do it again given enough time.

[dat.ho12492]

A million dollar bitcoins will mean that bitcoins have turned into a world-recognized digital gold store of wealth.
This scenario will probably happen in the next twenty years.  But probably most faster.

Well, when bitcoin reaches that price, it will be a worldwide boom when we can see the number of bitcoin users in the current period, overcrowded and they will definitely be happy with this price but keep that happiness in their dreams because this scenario will not appear, you can wait another 10 years or 20 years, everything is still useless. Come back to reality, buddy, the value of bitcoin will probably increase in the future but it won't be too high, don't dream too much when it can make you miss the best opportunity to sell

[Febo]

if BTC hit 1 million $ in the future what will happen

When price of Bitcoin will hit $1 million, then everyone will hate Bitcoin simply because they will be forced to use it.  If you think people hate Bitcoin now, you should just wait and see.

[WinslowIII]

if BTC hit 1 million $ in the future what will happen

When price of Bitcoin will hit $1 million, then everyone will hate Bitcoin simply because they will be forced to use it.  If you think people hate Bitcoin now, you should just wait and see.

They won't hate it, they will flee crashing fiat to it. All of them. And they will be grateful for the option. Bitcoin will never be forced onto anybody, that's not how it rolls. Nocoiners will continue to hate bitcoin, but bitcoin will always be a choice rather than a requirement.

[jerry0]

Are there ppl that would hold all their btc until 1 million?  I cant imagine that happening.  I mean say it goes up to 50k, im sure ppl who have a few btc would sell right?  Then let say they hold... now its 100k... then 250k... i mean if someone has say 5 btc, i cant imagine them not selling at least a portion of 1 right if it hit the 250k mark?

[WinslowIII]

Are there ppl that would hold all their btc until 1 million?  I cant imagine that happening.  I mean say it goes up to 50k, im sure ppl who have a few btc would sell right?  Then let say they hold... now its 100k... then 250k... i mean if someone has say 5 btc, i cant imagine them not selling at least a portion of 1 right if it hit the 250k mark?

There are all kinds of holders and users of bitcoin, open your mind.

[Carreuh]

If the price of bitcoin breaks through the price of $ 1 million then this will be very happy for those in bitcoin but it seems that this is very unlikely because bitcoin doesn't reach $ 10000, but if the price of bitcoin is as high as that, we will keep the Bitcoin in the safest wallet  hacking what we have

[Ayiranorea]

Even with a price around $8000 it has got more restrictions in its usage. Different governments have got different plans on the usage of bitcoin and very few were truly supportive. If such a big price is reached automatically the entire governments will unite together and make plans of destruction even it isn't disturbing the economy in any ways. Also hardly $100000 is achievable, and $10000000 is really an out of imagination value.

[BLAST2MARS]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

I bet violence and crime will increase towards bitcoin owners. Just imagine terrorists planning to infiltrate rich people on their private islands is going to be rampant. And I also see families tearing each other part because of greed in bitcoin. But I think the government will find a way to settle this new probles that will arise in the future but I'm sure that I be very happy when I see btc having $1m in that time.m

[STT]

if BTC hit 1 million $ in the future what will happen

The more realistic question here is what would have happened.    To get to 1 million alot of things would have happened already for that to be true.      Its like what happens after you climb Mount Everest, when really the majority of the reasons for the event must be in the preparation and circumstances leading upto that peak.

BTC hitting 1 million is a unit price, the market cap is what matters for valuation and comparison within the whole economy of finance and commodities trading in value against each other.    The straight forward conclusion for such a high BTC price is that dollar has lost alot of value for some reason.

Basic error always on these questions is to ask alone the dollar price when the price in various national currencies would also matter, especially exporters and oil producers.   The gold vs BTC price would matter alot on such a high price.  Its possible for a price of 1 million and nothing at all happens, if every other price is adjusted perfectly in scale then the ratio of prices is the same and nothing has changed

[Febo]

what will happen if BTC hit 1.000.000$

Transactions fees will be expensive as hell. Today $1 fee will be $100 fee.

[munify]

I think the government will impose strict rules on bitcoin users, and it is possible that the government will impose taxes on every bitcoin transaction.

[Boh manok]

If the price reaches $ 1 million then this will be very happy for those of us who are in Bitcoin and there will be a lot of news in the mass media of Bitcoin which has fantastic prices, then investors will also be followed by hackers who will always monitor the activities that occur with  bitcoin, then they do hacking to get big results

[Silberman]

If the price of bitcoin breaks through the price of $ 1 million then this will be very happy for those in bitcoin but it seems that this is very unlikely because bitcoin doesn't reach $ 10000, but if the price of bitcoin is as high as that, we will keep the Bitcoin in the safest wallet  hacking what we have

You can be sure that if bitcoin ever reaches that amount of money then people are going to be doing everything they can to get bitcoin, many will remember that they had 0.01BTC somewhere that they received from a friend or something and will do everything they can to find that wallet, and you can be sure that hackers will try every single trick they have to try to get to our coins so it is important to take precautions even if that price is never reached.

[jho0810]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If that happen many thing will change especially in the fees in every transaction in exchanges, and some people will hard buy a 1 whole bitcoin because its expensive. But foe those who early from bitcoin its a big profit if the price will be like that.

[Barbut]

If you own at least one bitcoin, when it reaches $1M you will become a millionaire. The ones who don`t own any bitcoin will regret the missed opportunity. The market will worth trillions of dollars, the world adopted crypto and everyone knows about it. Question is what prices we can except for litecoin, ethereum, and many other good coins?

[Wolfwar]

I think that you should not even talk such questions, because it will take a long time to reach one million dollars for Bitcoin.  We should understand and, thanks to Why the prices for cryptocurrency grow.  First of all, these are speculations and the popularity of cryptocurrencies, and then large investments in certain coins.  The speculator will not be able to influence his actions so that Bitcoin will soon grow to a million rubles.  The only possibility is due to more investment. And this can happen in less than 10 years.

[BUK2016]

hi guys
if BTC hit 1 million $ in the future what will happen
do u think we will see more hack news
More violence and criminalization of bitcoin holders by governments
Any events we will see ?

If Bitcoin value get to the level of  one million dollars ($1,000,000 ) it will definitely have so many effect in each and every individual and the economy at large. Some of the effect could range from much money in the hands of the individual Bitcoin holders, increase in Tax, inflation ( demand pull inflation) and above all, the numbers of hackers will definitely increase.

[BUK2016]

what will happen if BTC hit 1.000.000$

Transactions fees will be expensive as hell. Today $1 fee will be $100 fee.

I never thought of this reason you gave above and that reminds me of what so many of us face in the year 2017 when Bitcoin Market value was so high we had to out of our nose in other to make withdrawal.

[Tylev]

I do not think that ever the price of Bitcoin will be able to reach one million dollars or even half of this amount. This simply can not be in practice. Bitcoin holders themselves will not allow this. No one will invest such large amounts in it. What happened to Bitcoin when it reaches the price of $ 20,000 will be repeated further. Big growth will cause a big fall. Therefore, he simply can not so high to rise.

[Farma]

If you own at least one bitcoin, when it reaches $1M you will become a millionaire. The ones who don`t own any bitcoin will regret the missed opportunity. The market will worth trillions of dollars, the world adopted crypto and everyone knows about it. Question is what prices we can except for litecoin, ethereum, and many other good coins?

well, so many people will become millionaires, even those who only have 0.5 bitcoin have been very lucky. it's just too far to think of that price. for now, I just think, when is the right time until the price of bitcoin reaches a price of $ 10000. it's more realistic than imagining the price of $ 1 million...

[Noilee]

If bitcoin will reach the price of 1,000,000 all of us will become instant millionaire maybe the people who have a lot of it will really become one of the richest people in the whole world. Even the price of bitcoin is so unpredictable but what if it this thing will really happen.

So i think we buy now and we should prepare to keep hold our bitcoin until in the future, maybe one day it will more increases. Even if no one can know if what happen to the price of btc but we still hoping that can reach on that price, especially if there are many people are invest and most country will recognized bitcoin, so maybe its possible that will reach to 1,000,000.