what will happen if BTC hit 1.000.000$

[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.