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

[peter0425]

Well, Bitcoin hitting $1 million is not an "if", but a "when", though the "when" is probably like 20 years from now.

I'll already be very rich well before it hits $1 million so I'll just be a bit richer haha

But yeah it'll be cool when I can buy a new car for like .05 btc, an almost negligible amount of money.

It is correct to mention that it is a "WHEN" because we all know that this will happen but the time when it will is the question .
same as yours if that would take that long maybe i am more than richer then because will use all my holdings in physical business, but since holding bitcoin is the secret of success then yes I will instead keep holding while having business.
buying car with 0.05 btc is cool , how many cool i could buy with all the bitcoin in my wallet now.

[rodskee]

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

I have good chunk of Bitcoin now , My business is slowly dying so what could you expect from me?
will be very happy and satisfied if bitcoin turns 1 million as i can finally buy my dream Truck to use as personal and business car, can use it
for cargo business and also I can buy a close Van that needed for my business to upgrade , and also are you expecting something bad
from people here, of course everyone will be happy but not those who did not completely trust bitcoin though for sure altcoin will grow
also because it is a domino effect that we have seen for many years now that altcoins are moving up when bitcoin starts recording its
all time high.but fore sure this will happen in the next 2 or 3 halving so may take long time to wait , lets accept and have plans for the
mean time.

[Blitzboy]

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

I have good chunk of Bitcoin now , My business is slowly dying so what could you expect from me?
will be very happy and satisfied if bitcoin turns 1 million as i can finally buy my dream Truck to use as personal and business car, can use it
for cargo business and also I can buy a close Van that needed for my business to upgrade , and also are you expecting something bad
from people here, of course everyone will be happy but not those who did not completely trust bitcoin though for sure altcoin will grow
also because it is a domino effect that we have seen for many years now that altcoins are moving up when bitcoin starts recording its
all time high.but fore sure this will happen in the next 2 or 3 halving so may take long time to wait , lets accept and have plans for the
mean time.

Iit appears that you are in a risky situation with a failing company and faith in the growth of Bitcoin. Your options would undoubtedly increase if Bitcoin hits the coveted $1 million milestone, allowing you to upgrade your company and purchase the truck of your dreams. It's a reasonable expectation, but let's also take the volatility and unpredictability of cryptocurrency markets into account. Indeed, Bitcoin has historically sparked a chain reaction when it comes to altcoin rallies.

Meanwhile, having backup plans is essential when your company encounters difficulties. Increasing the diversity of your investments, investigating new sources of income, and possibly investigating strategic alliances could revitalize your business. While stabilizing and growing your firm is the immediate need, waiting for Bitcoin halvings may be a long-term approach. Instead than waiting, let's take action.

[3kpk3]

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.

Nobody can stop anyone from dreaming which is pretty obvious. Also, what in the world makes you think that BTC will reach 1 million bucks later? Do you have any clue as to how preposterous that sounds? Think!

It is correct to mention that it is a "WHEN" because we all know that this will happen but the time when it will is the question .

Silly nonsensical statement. You don't represent everyone which is why your reasoning doesn't really make much sense here.

[Dunamisx]

What we should all expect is that if we are lucky enough to be among it investors that would take opportunity investing now, it will be a future advantage over our investment when the market get to that rate or close to, but right from where we are now, i think we need to first go along with it gradually till we get to where we are all going altogether and the market becomes more favourable, holding will be the best way and early investment will give the opportunity.

[ChiBitCTy]

I would imagine that if bitcoin shot up all the way to 1 million dollars, it would change a whole lot of peoples lives in an instant.  If bitcoin went to 1 million I would certainly keep a large percentage of it in bitcoin, but I would likely take some and invest it in to financial instruments such as stocks and what not. 

I know a lot of people predict it'll hit 1 million at some point, but I'm not so sure.  I hope though!

[CryptoHeadlineNews]

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

According to speculation, for the price of Bitcoin to reach $1million, we should be talking about next two to three decades from today, and not anytime soon, as $100k is still under projection which we are yet to record the price of BTC hitting $100k anytime soon after next year's halving. But however, if the price of BTC should hit $1 million today, that amount will literally go a lone way for people who owns a fraction of it, as that amount will be roughly equal to 2900% increase in whatever capital invested (i.e 1,000,000/34,000= 29). Hence, it is good to for us to have a least fraction of our funds invested in Bitcoin, because you never can tell when it's price will skyrocket this high.

[arabspaceship123]

I don't know if it's going to get a $1M valuation but you said you'd limit the outlay to financial instruments like stocks. I'm curious if bitcoin did get that price would you invest in altcoins & tokens for your portfolio? I agree with your future portfolio I'd assuredly keep a large percentage of it in Bitcoin.

I would imagine that if bitcoin shot up all the way to 1 million dollars, it would change a whole lot of peoples lives in an instant.  If bitcoin went to 1 million I would certainly keep a large percentage of it in bitcoin, but I would likely take some and invest it in to financial instruments such as stocks and what not. 

I know a lot of people predict it'll hit 1 million at some point, but I'm not so sure.  I hope though!

[JunaidAzizi]

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

I have good chunk of Bitcoin now , My business is slowly dying so what could you expect from me?
will be very happy and satisfied if bitcoin turns 1 million as i can finally buy my dream Truck to use as personal and business car, can use it
for cargo business and also I can buy a close Van that needed for my business to upgrade , and also are you expecting something bad
from people here, of course everyone will be happy but not those who did not completely trust bitcoin though for sure altcoin will grow
also because it is a domino effect that we have seen for many years now that altcoins are moving up when bitcoin starts recording its
all time high.but for sure this will happen in the next 2 or 3 halving so may take a long time to wait, Let's accept and have plans for the
meantime.

We all know that if Bitcoin Price hits or crosses 1 million no one will be sad about this instead all will be happy like the spring season comes after Auntom and all the birds and Humans are feeling happily  same is the case with Bitcoin, only those people who did not invest in Bitcoin will regret of it. We don't know when will happen this but maybe in the next bull, it may be coming true. We need to plan everything for the next bull just like you buying your dream truck and office car but I am giving one suggestion to you. Buying your dream truck buy a small new car that will fulfill your needs for some time and invest the rest of your money in expanding your business to increase your income. If you pass on expanding it you will have more choices of branded cars

[HelliumZ]

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

I will have ample opportunity to express my feelings when Bitcoin hits $1 million. Now that there is no chance of Bitcoin going up to a million there is no need to express my feelings. However, regardless of the predictions, it will take a long time for the price of Bitcoin to reach a million dollars. Maybe even after 2040 it is impossible to say with certainty whether the price of Bitcoin will reach $1 million.

[arabspaceship123]

It’s inconsiderate the OP isn't affected by what's posted in the thread. He doesn’t care. He's started the thread but didn't read what we've written he doesn't look like it matters. He's started extra threads after this but he's done the same by leaving them alone.

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

I will have ample opportunity to express my feelings when Bitcoin hits $1 million. Now that there is no chance of Bitcoin going up to a million there is no need to express my feelings. However, regardless of the predictions, it will take a long time for the price of Bitcoin to reach a million dollars. Maybe even after 2040 it is impossible to say with certainty whether the price of Bitcoin will reach $1 million.

[meser#]

Actually, 1 bitcoin has become 1 million in Turkey, but in Turkish lira, not dollars. At the moment, 1 million Turkish Lira unfortunately has no effect because it is not worth anything (thanks to inflation ), but if it had reached this point 2-3 years ago, it would have made a lot of difference

[Bitcoin_people]

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

We know Bitcoin will come to a time when its demand will increase and its value will increase many times what it is now. As we currently discuss the Bitcoin market and look at the market principles and how well it is priced and what the future looks like we see good positives. Accordingly we must invest bitcoins and try to hold for a long period of time so that we can gain a lot of money. If we invest bitcoins for the future with this objective in mind, it can greatly affect our lives. If we buy bitcoins at the current price and hold for a long period of time, we can certainly double the profit at some point. The price of Bitcoin will surely touch $1 million dollars but it is only a matter of time as currently the value of science is in a cyclical motion and the bull season will actually increase it. And if we keep buying bitcoins at this time then surely we will get huge profit when bull season starts and from there our life will be financially stable and it will be affected by bitcoin.

[HideYourKeys]

I would be quite happy of course, but it might also mean that the world has changed a lot, maybe some currencies have collapsed already... I would be happy but many people around  me could be way worse...

[Vaculin]

If Bitcoin hit a million dollars a coin I would probably have no choice but to sell all of mine and spend the rest of my days enjoying the fruits of my labor. I actually think it would probably be a bad thing for me personally, at least health and productivity wise. It would be cool though. No idea what I’d spend millions of dollars on.  

Greedy as it is but surely, everyone will be in panic selling as the tendency for the price to change is highly possible. Of course, I will also ride with the trend and sell as much as possible if that's the only way to gain life changing profits that will definitely bring big and luxurious changes in my life. And when the price drops down again, I'll just buy back and accumulate maximum amount of bitcoin in my portfolio.

However, for now, this still remains as a dream, and I'm not really sure if the price will definitely reach that level. What I do today is just sticking to DCA, not really thinking about what would be the future price of bitcoin 10 to 20 years from now.

[gabbie2010]

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

That would have been the best thing that would have happened since I was born on a positive note because the few Bitcoin I hodl would have gained some massive profits for me thus I would invest massively on other physical projects like estate development and other profit earning venture unfortunately on the other side It would be painful to know how much worth all the sold Bitcoin would have amount to if I had decided not to sell any of my Bitcoin, above all the fact that I have the opportunity of being a Bitcoin enthusiast is a great feat as well as acquiring it via different means is another opportunity that worth mentioning.

[arabspaceship123]

If you're living in America you're expected to pay $400k tax on $1M bitcoin sale so isn't that exorbitantly against you? Paying taxes on profits from crypto isn't what ppl want because they're trying to max their income but losing it on tax. It's too much tax to pay it isn't fair.

Isn't there a country which welcomes ppl to retire there with 0% crypto tax I'd be getting the first plane for living there if I had a crypto porfolio worth millions. Would you emigrate to retire so you won't pay tax on anyhing you've earned from crypto?

So if I had a million  today right now it would be nice.
After tax it would be about 600k.
I would move to a different house. sell my 2.5 year old car and get a new car.

[Arenga pinnata]

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

Maybe I will really become a rich person in my area. My life might change drastically. But maybe I won't display my wealth. And prefer to live as usual. Even though right now it might still feel like a dream. But actually maybe in 2009 people didn't think that bitcoin would become as valuable as it is now. And it could be that in the next 10 years this question will actually become a reality. But maybe at that time the only people who will make a profit will be those who are strong enough to hold onto the bitcoin they have until that time comes. Because I'm sure that even when the price of BTC reaches $200k, most of the old holders will start selling. And new holders may emerge and from here new holders may emerge to higher prices which currently still feels like a dream.

[Promocodeudo]

If this happens, the excitement will be something else, my little investment will appreciate so much, this will also enable me to sought out some of my pressing needs with the amount I exchange it to, hodlers will become very rich, this will sound as an encouragement to potential investors, it will help the whole crypto market in general, because once Bitcoin appreciates in price all cryptocurrency will follow up to balance the equation, this event is an awaited event, every Bitcoin enthusiast has been waiting patiently for that period and time to come, the major investors that will benefit more in this kind of price increment is investor that comes from a nation with weak currency. 

[Marvelman]

If this happens, the excitement will be something else, my little investment will appreciate so much, this will also enable me to sought out some of my pressing needs with the amount I exchange it to, hodlers will become very rich, this will sound as an encouragement to potential investors, it will help the whole crypto market in general, because once Bitcoin appreciates in price all cryptocurrency will follow up to balance the equation, this event is an awaited event, every Bitcoin enthusiast has been waiting patiently for that period and time to come, the major investors that will benefit more in this kind of price increment is investor that comes from a nation with weak currency. 

Man, a million bucks a coin? Can you even imagine? My little stack of sats suddenly making me a millionaire... that'd be wild!  Don't get me wrong, I'd love to see it.  But realistically, we got a long way to go still.  Bitcoins gotta smash through all kinds of price ceilings first before we're picking out yachts and retirement villas. And you just know there will be tons of volatility and corrections along the way too.  We'll hit a new all time high and then boom, back down 30 or 40 percent.  Crypto don't move in straight lines thats for sure.  So if you're banking on $1 mil Bitcoin, strap in cause it's gonna be a bumpy ride.

Personally I think we'll get there eventually, but Im trying to keep my expectations reasonable. Market cycles and all that.  Just gotta hodl DCA, and have patience.  One satsday at a time.