Post
Topic
Board Speculation
Re: If bitcoin rose to $1M, what you do?
by
chaosknight
on 11/10/2016, 16:06:44 UTC
Direct opposite of https://bitcointalk.org/index.php?topic=1438622.0

If bitcoin rose to $1M, what you do?

I personally would sell maybe 0.00001 BTC (about $10 if I'm not mistaken).

I would have committed suicide because at 10k I would have spent all my bitcoins. I will be full of regrets not holding even just 1 btc. Seriously, I do not think that will happen. Gold has been here longer and its price is just over 1200$.

Yeah no one will prefer to hold their coins that long and I am sure that most of the users will sell their coins when they will see the price of $1k in coming years and grab the profits.
but i am not going sell even if the price reach to 1K. Because to me the price is really going make a new historical record and we are going to see the price above 1200 USD at the end of this year or just in start of next year.

That price will not be achieved by the end of the year or by next year, maximum level it can reach to is $800 and not above that and that also if there is huge growth in adoption.