Probably go get guns and ammo..
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1712 sats \ 3 replies \ @orthwyrm 1 Jul 2023
I would first and foremost review my security model. If Bitcoin shot up like that, you'd know two things:
- The economy is well and truly fucked
- Bitcoiners now have a massive target on their backs
You should assume that exchanges will shortly get hacked / compromised, and your purchasing history and KYC info made public.
You should also assume that the homes of Bitcoiners will start getting raided by criminals and governments alike.
Depending on the situation, you might want to upgrade to multisig provided you have enough secure locations and don't anticipate needing to flee the country.
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0 sats \ 2 replies \ @nymatix 1 Jul 2023
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0 sats \ 1 reply \ @nymatix 1 Jul 2023
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0 sats \ 0 replies \ @02fa90fd41 3 Jul 2023
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804 sats \ 2 replies \ @0245bdaef2 1 Jul 2023
Probably make some coffee, take a shower.
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3 sats \ 0 replies \ @CoSatoshi 1 Jul 2023
lol
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0 sats \ 0 replies \ @Undisciplined 1 Jul
This comment was featured on This Day in Stacker News.
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263 sats \ 6 replies \ @Undisciplined 1 Jul 2023
Regret the gradual approach I've been taking to building my stack.
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22 sats \ 2 replies \ @carlosfandango 1 Jul 2023
You are still ahead of the curve and your approach is absolutely correct…. Other than in this very unlikely case :)
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144 sats \ 0 replies \ @DeltaClimbs 1 Jul 2023
Wrong. The expected value is still losing. You dollar speculating cucks encouraging each other doesn't make you more right. #GetOnZero
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0 sats \ 0 replies \ @Undisciplined 1 Jul 2023
That's certainly my operating assumption.
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21 sats \ 1 reply \ @birdeye21 OP 1 Jul 2023
Our stacks probably wont matter for a long time if this happened today
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0 sats \ 0 replies \ @Undisciplined 1 Jul 2023
They'd matter more than my fiat stack, though.
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0 sats \ 0 replies \ @JamPower 1 Jul 2023 freebie
You are stacking, we are early.
608 sats \ 2 replies \ @stefano 1 Jul 2023
I'll quit my job and start working full-time on bitcoin projects
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11 sats \ 1 reply \ @ibz 3 Jul 2023
Well, you can also do that now...
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0 sats \ 0 replies \ @stefano 3 Jul 2023
No. I cannot do it now. I'm currently learning the Bitcoin script language and the bitcoin-cli API library
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290 sats \ 1 reply \ @carlosfandango 1 Jul 2023
Keep very, very quiet - it’s all about to kick off.
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10 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
popcorn at the ready
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183 sats \ 2 replies \ @TheWildHustle 1 Jul 2023
Run to El Salvador
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51 sats \ 0 replies \ @fiatbad 1 Jul 2023
I suggest flying.
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0 sats \ 0 replies \ @mo 2 Jul 2023
You can do that anytime... why wait for a stupid price target to do it?
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210 sats \ 2 replies \ @kepford 1 Jul 2023
Its already worth over $1M. People just dont realize it yet.
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3 sats \ 0 replies \ @emmanuelrosa 1 Jul 2023
This!
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0 sats \ 0 replies \ @SovranSystems 1 Jul 2023
Yep!
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128 sats \ 1 reply \ @f6287b82CC84bcbd 1 Jul 2023
Stay humble and stack more sats
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2 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
this is the correct answer
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76 sats \ 2 replies \ @jgbtc 1 Jul 2023
The time to get guns and ammo is now. If bitcoin is at 1M it might be too late.
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3 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
you're thinking right
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6 sats \ 0 replies \ @mo 2 Jul 2023
Your gun propaganda is bu****it
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25 sats \ 0 replies \ @grayruby 1 Jul 2023
Probably regret talking so much about Bitcoin.
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21 sats \ 0 replies \ @nicosey 2 Jul 2023
realise a loaf of bread costs $100k
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21 sats \ 0 replies \ @Believe 2 Jul 2023
Nothing stack more
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21 sats \ 0 replies \ @CoSatoshi 1 Jul 2023
Paying off my student loan debt and HODL'ing the rest
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21 sats \ 0 replies \ @nredesfcastro 1 Jul 2023
A halk with my daughter...
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21 sats \ 0 replies \ @john_doe 1 Jul 2023
I go to the University again to learn other things.
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44 sats \ 1 reply \ @Chep 1 Jul 2023
Yes guns & ammo & 3d printers
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0 sats \ 0 replies \ @Signal312 11 Nov
What would you do with the 3d printers?
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10 sats \ 0 replies \ @stefandiamante 1 Jul 2023
Party!!!
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8 sats \ 0 replies \ @Natalia 2 Jul 2023
continue to do the same, but probably would be more distant myself from the mad mass.
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8 sats \ 0 replies \ @senf 1 Jul 2023
Check how much bread costs.
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8 sats \ 0 replies \ @l0k18 1 Jul 2023
Getting a Siberia grade Lada Niva (has a crank to back up in case of -50'C temps), and an international drivers licence and go to Novosibirsk to search out a farm and a nice siberian lady to live on it with.
We are talking about a 33x at this point btw, many people will suddenly have a lot of surplus... Probably prices of bitcoiner items will skyrocket lol.
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7 sats \ 0 replies \ @0xtr 5 Jul 2023
I'll make some coffee and order the first flight I can find to El Salvador or Costa Rica
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7 sats \ 0 replies \ @Coinosphere 4 Jul 2023
Work on the Citadel. You're all invited.
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7 sats \ 0 replies \ @02fa90fd41 3 Jul 2023
cry
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7 sats \ 0 replies \ @btcschellingpt1 2 Jul 2023
stay humble, stack sats
learn the tools, use the tools, teach the tools
review security model for the jump to $:sat parity
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7 sats \ 0 replies \ @nullama 2 Jul 2023
That would be a relatively modest change in price.
Bitcoin has increased way more in price over the last decade.
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7 sats \ 0 replies \ @orthzar 2 Jul 2023
If you don't have guns/ammo before Bitcoin hits $1M, you won't be able to get any after, because the gun stores will already be empty. Americans have a habit of buying guns/ammo whenever anything happens: COVID, Christmas, Cyber Monday, 9/11, presidential elections, mass shootings, the president stuttered a little bit -- the list goes on.
$1M/BTC would imply that unemployment and inflation are significantly higher than now. In that scenario, I would probably have lost the job I have now, and I'd probably be looking for another job. If I couldn't find another job, then I'd have to start eating into my savings (in whatever form it is at that time). If I had 1 BTC (I don't), who knows how long $1M would last during hyperinflation.
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7 sats \ 0 replies \ @bataroot 2 Jul 2023
I might buy a monocle and top hat and just keep on stacking sats. 🧐🎩
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7 sats \ 0 replies \ @TheBTCManual 2 Jul 2023
Go back to sleep, lol I will not be working today
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7 sats \ 0 replies \ @2bithits 1 Jul 2023
Move countries
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7 sats \ 0 replies \ @BlokchainB 1 Jul 2023
- Pay off fiat debt
- Donate sats on SN
- Find my favorite projects on Geyser
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7 sats \ 0 replies \ @mudbloodvonfrei 1 Jul 2023
I'd go back to sleep.
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7 sats \ 0 replies \ @Public_N_M_E 1 Jul 2023
Buy more, the next halving is gunna make it even more scarce.
BTC hits 2milly... Ah well, continue my DCA.
3milly? You gotta ask? Answers still DCA some more.
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7 sats \ 0 replies \ @skreep_ 1 Jul 2023
put my phone on do not disturb and call in a couple days
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7 sats \ 1 reply \ @leo 1 Jul 2023
How much does US$1M buy by then?
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0 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
if BTC $1M today? Probably nothing
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7 sats \ 2 replies \ @TomK 1 Jul 2023
Would call mama that her investment finally is paying
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0 sats \ 1 reply \ @birdeye21 OP 1 Jul 2023
The investment PAID. She survived the "suddenly" part
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0 sats \ 0 replies \ @TomK 1 Jul 2023
Sorry, I'm a ''bit'' drunk. Don't get the joke... would You mind giving me a hint please??
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7 sats \ 1 reply \ @Lux 1 Jul 2023
Rasta coffee time
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0 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
im one of those people that avoids caffeine but loves the taste/smell of coffee lol.
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7 sats \ 0 replies \ @Horacita 2 Jul 2023 freebie
I create an animal shelter
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7 sats \ 0 replies \ @hitherfx30 1 Jul 2023 freebie
That will be a mind blowing
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51 sats \ 0 replies \ @WeAreAllSatoshi 1 Jul 2023
Rub my eyes and check every source imaginable to make sure I’m not dreaming
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26 sats \ 14 replies \ @btcforlife 1 Jul 2023
I would most likely sell about 2BTC and keep the last 0.7BTC that I own, but it really depends.
If it was tomorrow (literally) I would convert it to fiat, even with inflation, it would still cover most of the expenses that me and my family have for years to come and maybe until the day I die for sure (yeah I'm quite old).
If this happens in years to come, it would depende if the 1M$ is still able to put food on the table or it's just enough to buy a nice day at a spa, so I would keep stacking.
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154 sats \ 4 replies \ @sudonaka 1 Jul 2023
bro if it goes to 1mil overnight its not stopping there
https://i.postimg.cc/tgzsJw5H/value-of-gold-mark-in-paper-marks.jpg
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0 sats \ 3 replies \ @btcforlife 1 Jul 2023
Maybe and I hope so too, but I do look for what's next and being able to give my family a better future is something that I would do in a heartbeat, everything that comes after is always welcome, but looking how stuff is right now... not sure what to expect.
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0 sats \ 2 replies \ @sudonaka 1 Jul 2023
build a small community of good people where you are, hopefully at least 1 doctor and 1 ranch or property with extra space, food and water source renewable, do firearm and survival training together.
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0 sats \ 1 reply \ @btcforlife 1 Jul 2023
I can cross most of that out, just family thought, and currently investing in wind and solar, but it's a very slow process when you're limited in funds.
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0 sats \ 0 replies \ @sudonaka 1 Jul 2023
wow good stuff bro
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33 sats \ 1 reply \ @mudbloodvonfrei 1 Jul 2023
Dude, you gotta work on your opsec.
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0 sats \ 0 replies \ @btcforlife 1 Jul 2023
I'm good :)
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0 sats \ 0 replies \ @f6287b82CC84bcbd 6 Jul 2023
Sell for something which is going to be more worthless? Why?
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33 sats \ 5 replies \ @PlebeiusG 1 Jul 2023
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33 sats \ 4 replies \ @btcforlife 1 Jul 2023
In total yes.
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33 sats \ 0 replies \ @Lumor 1 Jul 2023
Not advisable to tell people how much you have. You might mistakenly reveal your real identity somehow.
It might take a long time, but I think it's a good idea to treat one's stack as if it had 10x purchasing power. That way one is better prepared in case bitcoin continues to catch on.
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101 sats \ 2 replies \ @nymatix 1 Jul 2023
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7 sats \ 1 reply \ @btcforlife 1 Jul 2023
I'm honestly not worried at all, there's about 8 billion people in this world, sure having some trail on these forums is something but I haven't used any personal information nor my usual 'username' or even the e-mail address, I don't see the point on making myself disappear just because some amount of bitcoin laying around. But I totally get what you mean.
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0 sats \ 0 replies \ @nymatix 1 Jul 2023
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40 sats \ 1 reply \ @nullcount 1 Jul 2023
Check if $1M still buys a really nice house in the countryside. Or maybe $1M only buys a used car or a bag of bread.
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33 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
$1M gets u tinder for the fire
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8 sats \ 1 reply \ @Famas 1 Jul 2023
I go back to sleep, serene
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0 sats \ 0 replies \ @birdeye21 OP 1 Jul 2023
btc truly is fuck u money
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7 sats \ 0 replies \ @JesseJames 1 Jul 2023
Nothing, keep stacking :-)
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7 sats \ 0 replies \ @cryotosensei 1 Jul 2023
Convert enough to fiat to pay for my two children’s college funds. Save the rest to pass down as generational wealth
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7 sats \ 0 replies \ @phamtruax 1 Jul 2023
stay put until we hit 10m
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7 sats \ 0 replies \ @SatoshiNakanodo 1 Jul 2023
stay calm and stack on.
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7 sats \ 0 replies \ @designsats 1 Jul 2023
- Buy bottle of fine wine and HODL rest :)
- Write nocoiners HFSP
- Tell my parents how much they have
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0 sats \ 0 replies \ @Undisciplined 1 Jul
This post was featured on This Day in Stacker News.
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0 sats \ 2 replies \ @kazani 1 Jul 2023
Oh, what a delightful scenario to wake up to! If Bitcoin were suddenly worth $1 million, I would naturally scramble to organize a worldwide celebration in honor of this groundbreaking event. We'd have Bitcoin-themed parades, fireworks spelling out cryptocurrency acronyms in the sky, and of course, an extravagant feast where everyone dines on virtual coins. It would be the party of the century, all thanks to the miraculous rise of Bitcoin!
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1 sat \ 1 reply \ @birdeye21 OP 1 Jul 2023
did chatgpt write this
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21 sats \ 0 replies \ @kazani 2 Jul 2023
Yes. SarcasmGPT. I created this chatbot on TG
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0 sats \ 0 replies \ @Christine 5 Oct outlawed
stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.
7 sats \ 5 replies \ @Zepasta 1 Jul 2023
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0 sats \ 4 replies \ @btcforlife 1 Jul 2023
So you're telling me that with about 50,000$ you'll be able to leave your country and start a live elsewhere? How are you going to pay expenses with only 50k$? Even in the most remote country with the cheapest living costs possible you'll need much more than that, even if you keep taking small amounts every now and then there's no guarantee (sadly) it won't collapse and converting might not even be an option after.
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4 sats \ 3 replies \ @mudbloodvonfrei 1 Jul 2023
You'd be surprised at how much $50k gets you in developing countries.
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0 sats \ 2 replies \ @btcforlife 1 Jul 2023
Oh believe me, I know, but it won't get you far, specially if you want to stay connect with the rest of the world. I went to a country in Africa as a volunteer and even thought the people, food and view ws amazing, you couldn't stay in touch in a stable way. Maybe you are today, with easy access to Starlink, but not then. And even with 50k$ in a country like this, won't get you an eternity...
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5 sats \ 1 reply \ @mudbloodvonfrei 1 Jul 2023
I doubt he needs an eternity, just a second chance in a place that respects property rights, civil liberties, etc (not sure which country he lives in or what makes it shitty but it's usually those things). My parents fled a shitty country for a much better country and all they had was two suitcases, two kids, and $500.
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0 sats \ 0 replies \ @btcforlife 1 Jul 2023
Agreed, although it does depend on the place and the person, hopefully he makes it, just not for the worse!
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7 sats \ 2 replies \ @nymatix 1 Jul 2023
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3 sats \ 1 reply \ @birdeye21 OP 1 Jul 2023
a good variety
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0 sats \ 0 replies \ @nymatix 1 Jul 2023
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