what will happen if BTC hit 1.000.000$

[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.