What will the exchanges do when all the people making millions

Same thing that happens when there's a max exodus from any investment vehicle, prices will plummet. Replace crypto with property or stocks, it's the exact same thing.

Don't be the last one.
The end.

>>2013113
I can still show the figure off to girls at bars.

>>2013113
makin mills off crypto wud require environment where you wud just use crypto to buy ur yachts, mansions, or whatever

>>2013142
Suppose you're one of those who invested 10k into the etherium ico. You've now made a million. How do you get that money out ?

>>2013151
Panic sell lol

Seriously though this is a real problem that will only go away when online retailers start accepting crypto for goods and services

>>2013151
you actually cant

>>2013151
Exchanges like polo let you withdraw $25,000 a day with level 2 verification. I guess that's one way.
You can also request a higher limit by contacting them directly. Exchanges like polo have 100mm in volume traded every 24hrs so im sure they could handle a withdraw of that size over a few weeks.

I mean, doesn't matter if it's crypto or not, you're going to find it difficult to withdraw or transfer a million dollars as a civilian through any institution. It's not the sort of money you just take out of an atm or wire transfer instantly. That sort of money triggers a lot of alarms and gets investigated.

>>2013168

there is no exchange that would not fuck you if you tried to convert crypto to seven figures of fiat

Bump. It's making me anxious desu, I'm still in the "accumulate crypto assists" phase. I need a proper way to turn it into spending money, how to tax etc etc

>>2013223
talk to a lawyer once you actually have millions in crypto in wallets that you control (i.e. not on an exchange)