If the blue line ever touches the red line I'll sell and wait for another sell-off. Which means I'm probably going down with the ship. :-)
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What will you do if when bitcoin price raise up to $1000 ?
ftfy
Once these ETFs come out and I see how this availability of wealthy new blood takes to the scene and the subsequent affect on the initial pricing, it will determine how I'm thinking about where we could go as far as moon pricing. Furthermore, at that point the craze will have set in and everyone and their brother won't be able to help themselves as panic buying would ensue. This time around, far more people around the world have access to exchanges and ATMs so if is a bubble in the making it could be very large yet I'm not sure if this market is being orchestrated to have a pro-longed bull market or something that just goes violently parabolic again. That's the million dollar question.
What will you do if bitcoin price raise up to $1000 ?
I just curious what most people will do & i want bitcoin price reach at least $1000000
I think i will spend few my bitcoin & hold rest of them
I just curious what most people will do & i want bitcoin price reach at least $1000000
I think i will spend few my bitcoin & hold rest of them
Price has already been $1k, i should imagine most of the holders from the last rally and new blood who have bought in are already expecting to see over $1k soon so not many will blink.
One million dollar coin will never happen, but ideally is should reach 3~10 k within few years. I don't have any data that back up my claim but all I could say is that we are on the right path. So if bitcoin ever reaches 1k I will only sell maybe half of my coins.
I completely agree. I see that those levels should be very realistic in a few years.
I will still continue to hold on to it 
I know there would be a lot of people who would hastily jump on a sell order but ask yourselves, once you sold out your stash, are you sure you can buy back bitcoin at much lower price later on??? Or do you have to fork out more to buy back same amount? Seriously at 1000 bucks level, bitcoin is still considered undervalued. $3000 per btc would be considered a fair price
I know there would be a lot of people who would hastily jump on a sell order but ask yourselves, once you sold out your stash, are you sure you can buy back bitcoin at much lower price later on??? Or do you have to fork out more to buy back same amount? Seriously at 1000 bucks level, bitcoin is still considered undervalued. $3000 per btc would be considered a fair price
Sell out the USD amount that I've bought up to that point and the breakeven point on my mining equipment.
So say I've bought $10 USD worth at $350, if it goes up to $1000 per coin (three times what I bought at) I would sell 1/3 of what I bought, pulling out the amount I had bought with ($10). So I broke even on my investment. Then leave the "houses money" in bitcoin and just let it ride.
So say I've bought $10 USD worth at $350, if it goes up to $1000 per coin (three times what I bought at) I would sell 1/3 of what I bought, pulling out the amount I had bought with ($10). So I broke even on my investment. Then leave the "houses money" in bitcoin and just let it ride.
Even when bitcoin price reach $1000
The price will fall down again, because they just want more fiat
The price will fall down again, because they just want more fiat
Like it fell down to $100?
It depends on the situation. If its part of a big rally which takes it to $4000, then it may never go down to $1000 again.
One million dollar coin will never happen, but ideally is should reach 3~10 k within few years. I don't have any data that back up my claim but all I could say is that we are on the right path. So if bitcoin ever reaches 1k I will only sell maybe half of my coins.
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