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Author Topic: How will it affect your life if bitcoin price comes to $1 million per bitcoin?  (Read 920 times)
posi
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October 27, 2023, 10:31:30 AM
 #81

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?

Maybe now 1 btc = $1 million sounds like nonsense but in 2010 there might also be people talking nonsense that 1btc = $35k. It turns out that this has now become a reality

Imagine if that happened, maybe many people would become rich because bitcoin became very expensive. I hope I still have bitcoin when that price is reached. Bitcoin will become the most expensive asset and it is likely that bitcoin will already be accepted as a payment currency throughout the world. Maybe in 100 or 200 years, $1 million for 1btc will no longer be nonsense

If bitcoin can reach 1 million USD each then I'm pretty sure it will never be able to become a currency or payment method. Are you rich enough to use bitcoin for payments and pay a huge fee if 1btc = 1 million dollars? Furthermore, bitcoin is gradually becoming an asset and its path to becoming a currency is gradually closing. Some people won't like this but I think it's already happening, with the approval of ETFs, it's clear the world only sees bitcoin as an asset.
But I agree with you that bitcoin can touch 1 million USD in the future, it will take a lot of time but it can be achieved.

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October 27, 2023, 10:35:18 AM
 #82

Well, I'd be able to get some big vacation, buy a good house, and still have some I guess. My life would be definitely a lot easier, but I prefer not to daydream. I'm just doing my best to protect my future.
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October 27, 2023, 11:15:58 AM
Merited by GeorgeJohn (1)
 #83

It is just a thought for now but we live in a world of endless possibilities where anything is possible. So if bitcoin price were to reach one million dollars per bitcoin, in my lifetime, I'll definitely plan for my early retirement from active work. I'll reinvest some of my profits in other investments like real estate, that always increase in value, and leave off the profits for the rest of my life, traveling and enjoying. Having multiple sources of income has always been my dream, so if my bitcoin investment can actualize it by it's price to be multiplying geometrically to reach that mark, then I'm good to actualizing my dreams of multi investments and early retirement to enjoy vacations all over the world with my family.

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October 27, 2023, 11:25:22 AM
 #84

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
Sadly I only left small fraction of my funds since 2021 , now I know i need to keep tracking my funds.

If bitcoin reached 1 million? then i will have chance to open a small business like laundry and car washing and that will change my life forever.
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October 27, 2023, 01:08:22 PM
 #85

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
Sadly I only left small fraction of my funds since 2021 , now I know i need to keep tracking my funds.

If bitcoin reached 1 million? then i will have chance to open a small business like laundry and car washing and that will change my life forever.


Most people's dream is to buy real estate, a yacht, travel around the world, retire early...when bitcoin reaches 1 million dollars, but your dream is too simple compared to everyone.  I think to realize your dream, you won't even need bitcoin because laundry and car wash businesses don't need too much capital.  as long as you work hard and save as much as possible, in just 1 to 2 years you will be able to realize your dream instead of relying on your bitcoin investment.  but to get a better future, you should save to realize your dreams and keep investing in bitcoin because diversification will always bring better results than relying on just one thing.

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October 27, 2023, 02:47:44 PM
 #86

It will affect my life a lot, to be honest. Of course in a good way. I have been in the crypto space for a while and accumulated a good amount of Bitcoin. I will make a good amount of profit if Bitcoin hits the $1 million price point. I have some dreams that I will be able to make come true. I will be able to help my family and also improve many things around me.
I will not stop there. I will have much more to do. I will invest again and wait for the next profit. Maybe start some new business or expand the existing one. But the hardest part of all of this is HOPE. It is a thing that is not in our control. We can hope all we want but if what we have hoped does not come true, that disappointment is gonna hit hard!

Maybe one day. Till that happens, we need to focus on what we currently have. The thoughts of the far future and past only ruin the present. When it will happen, it will happen. Stop thinking about it and give your best in the present.
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October 27, 2023, 03:55:03 PM
 #87

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
If bitcoin price gets to $1 million dollars it will be a good benefit to those who are hodling no doubt about it. Every investor desire is for the proce of bitcoin to go high to gain profit. But the truth is that with the price of bitcoin today I don't think if the price can just skyrocket to $2 million dollars,  it will take some time to reach this price. But if bitcoin price reaches to $1 million dollars it will be an excuse to people from buy bitcoin because they will think the price is too expensive to invest in bitcoin.

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October 27, 2023, 10:33:54 PM
 #88

How it will affect my life if Bitcoin price gets to 1million per Bitcoin.

Well the effects will be of positive and not negative ok, because even if it comes down to 9hundred thousand dollars I am still on the profit side ok, because I didn't buy at the cost price when I bought it.
And what I am saying here is my own effect if the price of Bitcoin of Bitcoin comes down to 1million per Bitcoin ok ,because I know they're people it will affect badly because they buy at the high price with hope that they price with keep increasing and unfortunately it comes down,it will be a total disappointment to people like that,

But in my opinion and my own effect am at the advantage of it ok, and as such will make me rich and become millionaire ok.. and after which I am going to acquire my coins no matter how much it is,with full confidence that it will surely raise again and I will put the rest of my profile into another business of my choice and grow more business while I wait for more profit from the rising price of Bitcoin again..

But in other hands their is at point it will get to it will totally affect everyone and they will be no profit at all, and all will become lost,but we are not praying for that anyway..
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October 27, 2023, 11:30:47 PM
 #89

I'm stacking sats because I want to retire when I'm young. With bitcoin I'll be rich that's it. Why don't you tell us how it's going to affect your life if Bitcoin's worth $1 million. You're curious about others but you didn't tell us anything about what you'll do. What's the reason you're asking the question.

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?

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October 27, 2023, 11:36:42 PM
 #90

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
As long as they have Bitcoin, whatever the amount, I think everyone will be very happy. Because of course the value is higher. especially if you have Bitcin from a low rate. This is going to be great. Many people will probably realize their desires because they get very high gains from Bitcoin. Whatever it is, of course it becomes easier when you get more money from Bitcoin profits.

however, will it become real? who knows, no one knows what the future holds. but what is certain is that we believe that Bitcoin is valuable and will continue to be valuable. So, it's better to start now, while it's still a bearish era, to collect more BTC while you still can. Of course, by using free money as best we can afford it, not money for living needs.

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October 29, 2023, 04:44:31 AM
 #91

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
As long as they have Bitcoin, whatever the amount, I think everyone will be very happy. Because of course the value is higher. especially if you have Bitcin from a low rate. This is going to be great. Many people will probably realize their desires because they get very high gains from Bitcoin. Whatever it is, of course it becomes easier when you get more money from Bitcoin profits.

however, will it become real? who knows, no one knows what the future holds. but what is certain is that we believe that Bitcoin is valuable and will continue to be valuable. So, it's better to start now, while it's still a bearish era, to collect more BTC while you still can. Of course, by using free money as best we can afford it, not money for living needs.
I do not know how long it may take bitcoin to reach such a value but I think it is possible, however this is not going to be an instantaneous process and it could take decades before it happens, so before people get excited about how valuable their current holdings will be at that point, they will need to hold until that day comes, and as we have seen this is not easy as there are many blunders you may commit, like losing your coins or investing in a scam which will prevent you from taking advantage of such a price when it eventually happens.
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October 29, 2023, 04:58:33 AM
 #92

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
If the price of each bitcoin is 1 million dollars, my life will not change. The reason is that I don't have any bitcoin reserves at the moment. But the lives of those who hold these bitcoins will change.

But I won't give up yet as I have enough opportunities so I will gradually accumulate bitcoins. When the price of bitcoin is 1 million dollars, I will convert this bitcoin into fiat currency and start a business so that I can spend my later life more happily and peacefully.

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October 29, 2023, 05:01:12 AM
 #93

Hilarious. This is an insane scenario which could only happen if the dollar collapses and we all know that is an extremely unlikely scenario. Am satisfied with where BTC is currently since it was just a couple of cents during its inception.

Anyone thinking that BTC will reach a million bucks need to stop dreaming and embrace reality in my opinion.

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October 29, 2023, 09:15:38 AM
 #94

If bitcoin prices go through the roof and reach $1 million each, the world as we know it will be completely changed. There has been a huge change in the economy, and people who invested early are now making more money than ever before. Imagine how the economy would change if a lot of early bitcoin buyers all of a sudden became very rich. There is, on the one hand, the chance for ground-breaking investments in new ideas, technology, and charitable causes. However, sudden wealth can lead to careless spending and an uneven distribution of wealth, making the gap between those with bitcoin and those without even bigger.

Some people dream of living a luxurious life and having complete financial freedom, but there's a false problem at the heart of this: Does money lose its value when its earned without working for it? Could a social value crisis happen if people get ahead too easily, without having to sweat and work hard? Imagine how society would change when a lot of new rich people came in and made people question what hard work and equality are all about.

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October 29, 2023, 12:23:28 PM
 #95

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
As long as they have Bitcoin, whatever the amount, I think everyone will be very happy. Because of course the value is higher. especially if you have Bitcin from a low rate. This is going to be great.
That's how investors express it because they're happy with higher value to what they'd paid. Bitcoin's value isn't stable so if they're selling at a plus time they'll be but if they know it's going to reach $1M soon they'll hodl.

Anyone thinking that BTC will reach a million bucks need to stop dreaming and embrace reality in my opinion.
We shouldn't stop ppl dreaming they've got rights to do it but I don't think it's going reach a million soon. It isn't impossible bitcoin's going to reach $1M just they shouldn't get their hopes high on happening any time in the coming soon years.

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October 29, 2023, 01:13:12 PM
 #96

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?

Even if I don't hold 1 whole bitcoin, the price of the other cryptocurrencies I own may increases by x100 or x1000, which will greatly affect me. I hope to accumulate enough cryptocurrency to be able to afford one Bitcoin someday.
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October 29, 2023, 04:02:53 PM
 #97

Which other cryptocurrencies do you own. I'm not saying you can't do it but you'll have to own so multiple smaller cryptos to get enough accumulate balance to own one Bitcoin. If you'll get there operating from other cryptos profits it's going to take a long time it won't be easy.

Even if I don't hold 1 whole bitcoin, the price of the other cryptocurrencies I own may increases by x100 or x1000, which will greatly affect me. I hope to accumulate enough cryptocurrency to be able to afford one Bitcoin someday.

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October 29, 2023, 04:54:48 PM
 #98

I held bitcoin when it was 1k, 10k, 20k, 60k... I will hold it at 1 million.
It will affect my mood that's for sure. I'll wake up every day seeing 1m bitcoin and just smile to myself.

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?

Even if I don't hold 1 whole bitcoin, the price of the other cryptocurrencies I own may increases by x100 or x1000, which will greatly affect me. I hope to accumulate enough cryptocurrency to be able to afford one Bitcoin someday.

I'll give you a hint - accumulate bitcoin if you want to own it. Right now you're trying to get a job in programming by applying to every other position in the company and hoping they'll see the programmer in you. Want bitcoin, get bitcoin. Don't try to get bitcoin by buying altcoins. It makes no sense.

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October 29, 2023, 08:57:57 PM
 #99

I wouldn't have held my bitcoins like you if I'd seen opportunities to sell. If paying less for bitcoin but I could've sold for 60k I would've been grateful to sell for a sizeable profit. When bitcoin had ATH if you'd sold you could buy again when it's value went down that's what I would've done so dumping for longer profit's works.

I held bitcoin when it was 1k, 10k, 20k, 60k... I will hold it at 1 million.
It will affect my mood that's for sure. I'll wake up every day seeing 1m bitcoin and just smile to myself.

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October 29, 2023, 11:49:01 PM
 #100

How will it affect your life if bitcoin price comes to $1 million per bitcoin ?
If it happens fast, it would have serious impact. Everything would change. But if it would happen slowly, i am not sure how slowly, maybe 20 years, my kids might enjoy it, i am not so sure i am even around then. But i am assuming that nothing like that will happen as fast as it has before. There are just too many things that are uncertain. And way more changes for it getting attacked by regulators then them setting it free.

I would of course like to be wrong and that we could have another bullrun as intense as last one. But as onlly fraction of the crypto money would go into bitcoin, i am skeptical and don't see it jumping 3000% with that marketcap. Not fast anyway.

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