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Author Topic: What will you do if Bitcoin hits $1m in the future?  (Read 3511 times)
SacriFries11
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July 04, 2021, 01:58:42 PM
 #301

First, i will sell and take my profit. But i will keep 25% of my investment. I will use my profit in building my own house and other important things. I will also have a life insurance with investment for my future. I will have another fund when the bear market comes and i will have the opportunity to buy again  at a lower price of bitcoin. I will also help and give to my family and will donate to my community. I will also secure the future of my son.

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July 04, 2021, 02:11:40 PM
 #302

~
the first thing I will do when Bitcoin reaches $1 million is sell 20% of my assets and donate it to my country's government as a form of ridicule that they are stupid not seeing the potential of Bitcoin

The digital era encourages all humans to be able to accept cryptocurrencies because refusing crypto is just a waste of time
to hell with Chinese, UK FUD because they are just a stupid country

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July 04, 2021, 04:21:51 PM
 #303

Reaching $64K per BTC was unimaginable, it's only eleven years past, since Bitcoin was first introduced, and now, BTC has a great value,

We don't know when BTC would reach $1M, if this will happen, many who own BTC, will surely be happy, and those who don't, will surely regret it.

Will the small amount of BTC that I have, I can spend it to buy a few parcels of land, where I can plant all fruit bearing trees that I want.

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Rebdoomer
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July 04, 2021, 10:08:44 PM
 #304

I don't "hope" Bitcoin reaches $1m, I have faith Bitcoin will reach $1m. Faith is stronger than Hope. Hope walks through the fire, Faith leaps over the fire.
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July 04, 2021, 10:22:01 PM
 #305

I don't "hope" Bitcoin reaches $1m, I have faith Bitcoin will reach $1m. Faith is stronger than Hope. Hope walks through the fire, Faith leaps over the fire.
Good analogy, that changes what I'm thinking about hoping and believing but it works both if you combine them. But I'd give you that and you've said good analogy.
Reaching $64K per BTC was unimaginable, it's only eleven years past, since Bitcoin was first introduced, and now, BTC has a great value,

We don't know when BTC would reach $1M, if this will happen, many who own BTC, will surely be happy, and those who don't, will surely regret it.

Will the small amount of BTC that I have, I can spend it to buy a few parcels of land, where I can plant all fruit bearing trees that I want.
Well be there, it's that we don't know when but the time will come and all of those plans that we've got as we own bitcoin, it will come into reality.

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July 04, 2021, 11:28:09 PM
 #306

~
the first thing I will do when Bitcoin reaches $1 million is sell 20% of my assets and donate it to my country's government as a form of ridicule that they are stupid not seeing the potential of Bitcoin

The digital era encourages all humans to be able to accept cryptocurrencies because refusing crypto is just a waste of time
to hell with Chinese, UK FUD because they are just a stupid country
if you and just other few people do the same, it won't affect a whole country that much, so i think it's better of you keep it to yourself, or just help people close to you or people you know that have financial problems, but for me i won't donate to anyone, nobody helped me my entire life, so i would just enjoy my profits and live the life i always dreamed of.

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July 05, 2021, 06:13:49 AM
 #307

for sure, the person who owned bitcoin 5 years ago will be the richest person in the world, even if they only have a few, we all hope that bitcoin will be soon $1 million, I'm sure that will happen. Although we do not know when, but the trust of bitcoin from the community is very high.

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July 05, 2021, 07:42:43 AM
 #308

If it happens, it's a great achievement. For me who want to improve my finances and make ends meet, of course I will cash it out and if I still have.. I will hold some.
And I think basically each of us depends on the living conditions, what to do when that happens, well bitcoin won't be easy to reach $1m, but have a sense of optimism it's better.
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July 05, 2021, 07:55:24 AM
 #309

If one day Bitcoin price will hit $1m or be simple near that line, I will start to cry. These will be the tears of sadness of all missed opportunities. Life gives so many chances to get rich, achieve something or something like, but we are just blind and not using them. This is all connected with being risky+lucky person or not.
Frankly speaking, I do not believe that one day I would see $1,000,000.00 next to Bitcoin on crypto price tracking site. This will create a lot of fiat currencies valueless or even simply create fiat valueless. One day most of the people will be able to afford everything they want. That is just something that can not be normal in the world.

 
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July 05, 2021, 07:58:54 AM
 #310

I once again saw these problems with the attractive price of Bitcoin, and I was very excited. Because there are really so many people who have been holding it here and believe in its holding value.
If Bitcoin reaches 1 million U.S. dollars, it still depends on my economic situation at the time. Think about the day when I really get it. My values won't let me exchange Bitcoin for profit.
I am thinking now, what will the world's operations be like at that time?
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July 16, 2021, 10:29:12 PM
 #311

Reaching $64K per BTC was unimaginable, it's only eleven years past, since Bitcoin was first introduced, and now, BTC has a great value,

We don't know when BTC would reach $1M, if this will happen, many who own BTC, will surely be happy, and those who don't, will surely regret it.

Will the small amount of BTC that I have, I can spend it to buy a few parcels of land, where I can plant all fruit bearing trees that I want.

As you've said before, we'll never know when Bitcoin will reach $1m per coin. The least we can do is predict what its future price will be according to certain market movements. While we wait for Bitcoin to reach $1m, we can make profits in the short term by taking advantage of the wild fluctuations in price. I've seen some people making money during Bitcoin's ups and down, by following said strategy. What you'll do with the money earned, it's up to you. Spend your Bitcoins wisely in order to avoid becoming bankrupt in an instant. With or without a high price, Bitcoin will last a long time thanks to its decentralized and censorship-resistant design. Just my thoughts Grin

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July 16, 2021, 10:37:37 PM
 #312

If one day Bitcoin price will hit $1m or be simple near that line, I will start to cry. These will be the tears of sadness of all missed opportunities. Life gives so many chances to get rich, achieve something or something like, but we are just blind and not using them. This is all connected with being risky+lucky person or not.
Frankly speaking, I do not believe that one day I would see $1,000,000.00 next to Bitcoin on crypto price tracking site. This will create a lot of fiat currencies valueless or even simply create fiat valueless. One day most of the people will be able to afford everything they want. That is just something that can not be normal in the world.
I agree with your point. If BTC was to reach $1 million it would create millionaires out of nowhere and that would pose a problem to society. People would lose the notion of value and the gap between the rich and poor will only widen. It will also lead to many more mental issues as many people would miss out on this opportunity.

All in all, it would create a world of financial chaos. If BTC was $1M then the finance sector would also have to undergo major structural issues, and for sure crypto will be a major part but I can't imagine all the changes this will bring to the world. It will be madness.
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July 16, 2021, 11:04:57 PM
 #313

I'll be so happy as I'm HODLing some BTC already now. I'll make a really huge profit. I guess I would sell my profit and continue to HODL for more time. In the end, we never know the highest level Bitcoin price can reach.

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July 17, 2021, 02:50:20 AM
 #314

It will not reach 1 dollar in the future. Although the price of Bitcoin is falling, many people now know about cryptocurrencies and may buy them when they fall. This will increase its price. It may hover at the current price. Bitcoin lacks a breakthrough. When it breaks, its price will continue to rise.



If it does reach $1, I might buy more.
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July 17, 2021, 02:55:17 AM
 #315

I don't "hope" Bitcoin reaches $1m, I have faith Bitcoin will reach $1m. Faith is stronger than Hope. Hope walks through the fire, Faith leaps over the fire.
I personally deeply doubt that Bitcoin can ever reach the one million dollar price. Even if it is capable of reaching such a price, the states will not allow it to rise in price so high. States have enough leverage to prevent this from happening, because the cryptocurrency in this case will greatly affect the stability of the global financial system.
When Bitcoin recently hit $ 64,000, many officials immediately began calling for tighter regulation of the cryptocurrency.
Well, let's see how it will be in practice in the future.

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July 17, 2021, 04:19:28 AM
 #316

I don't "hope" Bitcoin reaches $1m, I have faith Bitcoin will reach $1m. Faith is stronger than Hope. Hope walks through the fire, Faith leaps over the fire.
I personally deeply doubt that Bitcoin can ever reach the one million dollar price. Even if it is capable of reaching such a price, the states will not allow it to rise in price so high. States have enough leverage to prevent this from happening, because the cryptocurrency in this case will greatly affect the stability of the global financial system.
When Bitcoin recently hit $ 64,000, many officials immediately began calling for tighter regulation of the cryptocurrency.
Well, let's see how it will be in practice in the future.
it's really hard to believe the future, but no one knows what will happen next, and even if it does, we don't know how long it will take. This year's high ath is indeed $64k, and that means it still needs some bullruns to hit it. but if all the countries legalize bitcoin, I think it's also not an impossible thing to happen. for me right now, I want to invest in bitcoin now and sell it during the bullrun later, so that my family's economy is strong

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July 17, 2021, 04:51:50 AM
 #317

I'll be so happy as I'm HODLing some BTC already now. I'll make a really huge profit. I guess I would sell my profit and continue to HODL for more time. In the end, we never know the highest level Bitcoin price can reach.
Me too and if it permits that I have at the least 0.1 BTC by that time, I would be the most jubilant person ever because if it was to hit a million in the future, I will probably have a lot of money to sell out and have my future already secured since I can make those money move to my other streams of income.

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peter0425
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July 17, 2021, 04:55:33 AM
 #318

I'm not sure what would i do that moment but there is one thing that i knew that until that moment comes? i will still having some bitcoins in my possession .

this is how i am willing to keep holding for my precious coins.

I'll be so happy as I'm HODLing some BTC already now. I'll make a really huge profit. I guess I would sell my profit and continue to HODL for more time. In the end, we never know the highest level Bitcoin price can reach.
The question is will you still be holding till that time comes?

it may happen for the next 10 years?

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July 17, 2021, 05:20:15 AM
 #319

I don't think bitcoin will hit $1M dollars very soon but hopefully that bitcoin obviously will halve again and may be it would be hitted $75k within 2024 . If it possible then it would be hit $100k but not $1M ....

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bittraffic
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July 17, 2021, 05:42:44 AM
 #320

I don't think bitcoin will hit $1M dollars very soon but hopefully that bitcoin obviously will halve again and may be it would be hitted $75k within 2024 . If it possible then it would be hit $100k but not $1M ....

There are going to be a lot of updates in the next month, it's possible that the market could make a bull again as what articles I've read are saying. 2024 is going to drain our patience but if it's gonna go up to start a new bull run to even just hit $50K again, we could breathe freely by that. If it hits $1M I'm going to buy my own place and will probably find a new wife.
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