what will happen if BTC hit 1.000.000$

[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.