What will you do if Bitcoin hits $1m in the future?

[asyakashi]

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

I am currently seeing the development of bitcoin since 2017. That's pretty eye-catching. What do I do if bitcoin reaches $1m? I will sell some and leave little for the future. It's not also about price, but for future memories.

[7788bitcoin]

Perhaps bitcoin will reach $1Million in 10 years or so. I can't decide what will i do if bitcoin reached that milestone. A lot depends on how much bitcoin will i be holding at that time. I do hope that i hold alteast one bitcoin at that very moment and if that happens then i would be a billionaire. 

In the next years if you are not able to accumulate one bitcoin then  you need to start learning about trading. It is not that hard to earn a bitcoin if you are trading at specific times and even during this rally there were many coins that gave you the opportunity to earn over a bitcoin and you need to take advantage of the hype market and even though i was late to jump into the hype market i was able to reap a huge profit simply because all the shit coins in the market rallied  .

[bryant.coleman]

Most of my targets are much lower, so in case BTC reaches $1 million per coin, then I will be left with only around 10% of my current stash. Here are my major targets - $100,000, $250,000, $500,000 and $1 million. Once the exchange rate reaches these targets, I will sell a part of my coins. But these are not set in stone. Because before selling the coins, I need to take in to account the tax implications as well. So dumping everything at once is out of the equation.

[ivankoh]

I am not really into Bitcoin but I believe that when bitcoin hits $1m.Then the other altcoins I hold will skyrocket. So I think I will do travel to other countries I have not visited.

Well, I'm pretty curious about why don't you care about bitcoin?  only bitcoin can bring real wealth, you sold btc to your shitcoins.  It may fit your way of thinking, but sure enough, sometimes you will feel down.  because it took you too long for a recipe to win.

If 1BTC reaches 1M $ at this point.  I only have 500k $.  and if out the future, I'm sure to buy the area and build-in my own pig farm.  Lol

[CaCO3]

In fact, no one can say for sure how much bitcoin will cost.  Bitcoin will cost 1 million, it is not believable.  And if the price of Bitcoin is really one million, then we should all hold Bitcoin.  Because now if someone holds 1 bitcoin then he will get twenty times profit.  If I had to, I would definitely hold my bitcoin.  So that in future I can do good work with this money and serve people.  I sincerely want the price of Bitcoin to be 1 million plus.

[AndySt]

In fact, no one can say for sure how much bitcoin will cost.  Bitcoin will cost 1 million, it is not believable.  And if the price of Bitcoin is really one million, then we should all hold Bitcoin.  Because now if someone holds 1 bitcoin then he will get twenty times profit.  If I had to, I would definitely hold my bitcoin.  So that in future I can do good work with this money and serve people.  I sincerely want the price of Bitcoin to be 1 million plus.

Of course it is possible. It's time to get used to the fact that there are no impossible things for bitcoin and a twenty-fold profit is very easy Since the issue of bitcoin is limited, we look at the number of investors, especially large ones, who want to buy an asset, because if there are a lot of investors, then you can see the price and more. Also, a lot depends on the state of the world economic system and in particular dollar inflation, hyperinflation can generate a very, very high price.

[kevindjunaidi]

What will you do if Bitcoin hits 3000 dollar in the future?

of course I will definitely buy Bitcoin and HOLD until the price increases again, because I will not lose the opportunity to invest in Bitcoin at a cheap price ($3000), therefore I will definitely buy Bitcoin if the price of Bitcoin hits $3000 in the future, because I am sure when the price of Bitcoin increase very high again or reached its ATH price, then of course it will make me a rich man.

[Vishnu.Reang]

If Bitcoin manages to climb up to $1 million, then I assume that a lot of the users will be millionaires. There will be hundreds of thousands of users (if not millions) who own a minimum of BTC1 in their wallet. This can have a huge impact on the global economy, because of various factors. The vast majority of these new millionaires will be men in their 20s and 30s. They will be mostly concentrated in the US, former USSR, EU and East Asia. Countries such as India, Bangladesh and Turkey, which have taken a hostile stance towards Bitcoin are going to lose out.

[EiKaGlaShPriSAThWEl]

Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

As early as now, I have a hope that the price of bitcoin will continue to rise even though there are some declines. As early as I discovered cryptocurrency, I am trying to earn and save all bitcoin that I can have. So when the time comes that bitcoin reach 1 million USD, or even hundred USD I will gain a big profit. I think I will convert some of my bitcoin into fiat and claim my profit but I will still hold some thinking that history will repeat itself so I will gain my profit again.
Donate to charity? I think it depends on how much I can earn. I cannot promise to donate because as off now I know in myself I am not a big earner on crpyto.

[bakasabo]

If Bitcoin manages to climb up to $1 million, then I assume that a lot of the users will be millionaires. There will be hundreds of thousands of users (if not millions) who own a minimum of BTC1 in their wallet. This can have a huge impact on the global economy, because of various factors. The vast majority of these new millionaires will be men in their 20s and 30s. They will be mostly concentrated in the US, former USSR, EU and East Asia. Countries such as India, Bangladesh and Turkey, which have taken a hostile stance towards Bitcoin are going to lose out.

There is one thought that I cant get rid of. The situation when a lot of people worldwide suddenly becomes millionaires, wont be liked by current extra rich people. They will see only competitors in them. That is why I think they will do their best not to let Bitcoin price climp that high. They will try to hold the growth or will try to buy as much as possible Bitcoin from them, only not to let other be also rich as them. That is why I have a thought that Bitcoins price of $1kk is far away.

[bryant.coleman]

There is one thought that I cant get rid of. The situation when a lot of people worldwide suddenly becomes millionaires, wont be liked by current extra rich people. They will see only competitors in them. That is why I think they will do their best not to let Bitcoin price climp that high. They will try to hold the growth or will try to buy as much as possible Bitcoin from them, only not to let other be also rich as them. That is why I have a thought that Bitcoins price of $1kk is far away.

The current bunch of billionaires are not going to like it. No doubt about that. They have worked for 30, 40 or even 50 years to reach that position. And then suddenly we have a bunch of millionaires, who increased their wealth by 10,000 times or so in 6-7 years. Not just the current oligarchs, but the politicians who are on their payroll are also not going to like this scenario. That said, what are the options they have? All they can do is to whine about the connection between Bitcoin and dark market and give some ridiculous theory why Bitcoin should not be taken seriously. Warren Buffet has already done that, if you guys remember. In the near future, we will witness similar meltdowns from more of these people.

[ice098]

If Bitcoin manages to climb up to $1 million, then I assume that a lot of the users will be millionaires. There will be hundreds of thousands of users (if not millions) who own a minimum of BTC1 in their wallet. This can have a huge impact on the global economy, because of various factors. The vast majority of these new millionaires will be men in their 20s and 30s. They will be mostly concentrated in the US, former USSR, EU and East Asia. Countries such as India, Bangladesh and Turkey, which have taken a hostile stance towards Bitcoin are going to lose out.

Probably we must be a millionaires if in case bitcoin market value hit $1million. Everyone was waiting and aiming to become a millionaire, maybe not really a millionaire but atleast to achieve their financial freedom at an early age as they can and if through bitcoin this is not possible. But the most question to me was, does I have a bitcoin in my wallet at that moment happen, how I wish it wouldn't happen today, or tomorrow or even before this year ends which I guess a worth of $1million of bitcoin price was too far to be reality at the moment but not possible.

[cheezcarls]

If ever Bitcoin would hit $1 million in the future, there would be a lot of BTC holders who become extremely happy with their decision in buying BTC. If I were to own 1 BTC and would hit $1 million later on, I could do a lot of things (but not for luxury purposes).

Mostly I would be doing humanitarian and charitable activities using most of my Bitcoin funds. On top of that, I might be buying land or property and start a passive income business. My goal is to have a passive income stream where my income is way, way, way more than my expenses, so it’s better to become financial literate if ever 1 BTC becomes $1 million in value. Even for today’s price, financial literacy is essential.

[btc78]

Many people are talking about Bitcoin hitting $1 million USD in the future. Crypto enthusiasts are very optimistic, as they believe their dreams will come true with a Bitcoin halving taking place every 4 years. If Bitcoin hits such price levels, many early adopters will become millionaires. It could be tempting to either sell all of your Bitcoin or "hodl" it for the long term.

I am also optimistic about this matter because i strongly believe that Bitcoin will grow and grow as years passes by.
and i Know that you are also having this same thought right?
How many of us believes in Bitcoin to 1 millionrun?

What will you do if Bitcoin hits $1m in the future? Will you sell all of your Bitcoin for cash? Or will you go long in the hopes of Bitcoin reaching higher prices on the market? Will you donate your profits to a charity? Just curious to know. Your input will be greatly appreciated. Thanks.

I have enough if bitcoin Hit 1 million dollars mate.. Imagine i have been holding and selling for years now and i want to rest in speculation but instead i will use the conversion into my real life business in physical way.

[Nayana Patil]

Here is the latest information regarding the bitcoin Price Know what does it have to say !
Source: CoinPedia

[sarmrakib]

What will you do if Bitcoin hits 3000 dollar in the future?

of course I will definitely buy Bitcoin and HOLD until the price increases again, because I will not lose the opportunity to invest in Bitcoin at a cheap price ($3000), therefore I will definitely buy Bitcoin if the price of Bitcoin hits $3000 in the future, because I am sure when the price of Bitcoin increase very high again or reached its ATH price, then of course it will make me a rich man.

Do you think the price will back on 3000$ its never be possible once again like 2017. I think as my fund have a healthy amount i will be millionaire for sure. I will still buy and hope so it will hit 1$m in future and i am holding it for my kids. Now lets see how the price will act with us.

[bakasabo]

There is one thought that I cant get rid of. The situation when a lot of people worldwide suddenly becomes millionaires, wont be liked by current extra rich people. They will see only competitors in them. That is why I think they will do their best not to let Bitcoin price climp that high. They will try to hold the growth or will try to buy as much as possible Bitcoin from them, only not to let other be also rich as them. That is why I have a thought that Bitcoins price of $1kk is far away.

The current bunch of billionaires are not going to like it. No doubt about that. They have worked for 30, 40 or even 50 years to reach that position. And then suddenly we have a bunch of millionaires, who increased their wealth by 10,000 times or so in 6-7 years. Not just the current oligarchs, but the politicians who are on their payroll are also not going to like this scenario. That said, what are the options they have? All they can do is to whine about the connection between Bitcoin and dark market and give some ridiculous theory why Bitcoin should not be taken seriously. Warren Buffet has already done that, if you guys remember. In the near future, we will witness similar meltdowns from more of these people.

Exactly what I was trying to say. Imagine your control some area of business or some decisions are made in your favor. And then a bunch of fresh, unexperienced millionaires appear and start to interfere your work, your business. Of course current rich people wont let others on their field. Firstly because they will decrease that persons earnings, secondly they might simply take away their business or source of income.
Of course it is nice to have couple if millions on the account for easy steps like buying Bitcoin early. But such easy money will definitely spoil people and might spoil world Economy. It will be like situation in movie Bruce Almighty, when he became God and made everyone wishes came true. Immediately millions of people won in lottery, became successful and etc. That all lead to money loosing its value.

[Abiky]

The same was said of bitcoin 8 years ago when it was $0.05 someone predicted it would hit $1, he was labelled a clown on Reddit, today bitcoin is worth $60k, do not underestimate the power of bitcoin it only goes up in years to come we might live witness the $1m price. Nothing is impossible.

That's certainly true, mate. In crypto land, anything's possible. I've seen worthless cryptocurrencies rise from the ground up years since their inception. Dogecoin is a good example of this, since it went from being worth less than $0.01 to just $0.24 in a matter of months. We cannot discard the possibility of Bitcoin going towards new heights in the future, since it's the most scarce cryptocurrency on the market. With every halving, comes greater scarcity in the long term. Who knows how far Bitcoin will go decades from now?

Nonetheless, I believe that most people will sell their Bitcoin for profit once it reaches the milestone of $1m per coin. Only few people will continue to "hodl" Bitcoin with the hopes of achieving greater gains in the long term. It's up to you to decide what do you want to do with your Bitcoin after it hits $1m on the market. As long as you put your coins to good use, nothing else matters. Just my opinion

[jerry0]

Wouldn't this mean guys like Buffett wouldn't even be in the top x amount of most wealthy ppl anymore?  Like imagine jeff bezos drops all the way to so and so number as okay hes now 50th most richest person in the world... most likely they wont allow this... wont u agree?

[finaleshot2016]

$1 million is already a large sum for me, but once it reaches, I'll convert it to fiat. There is no other way to raise that much money simply by hodling. And my thoughts on it hitting $1 million are that it is very unlikely; just consider the obstacles; particularly wealthy people will refuse to support it because it will destroy or break the fiat's value in the world.

A bitcoin with that kind of value would undoubtedly have a massive effect, not only on society, but on the entire world.

Of course, those who have held 1 bitcoin since the beginning will become millionaires and will be among the few who can truly dominate the market.