Topic: At what INR value you would dump your coins ? (Read 3551 times)
In my early days, I used to think that once I reach 1 crore INR, I'll just liquidate everything to USDT, lend it for interest and then slowly convert it into INR. But I have understood soon that it's not that easy or a profitable idea but still 1 crore INR is pretty good amount to settle in a country like India.
Everyone has a price in mind. What is yours in INR ?
Interesting question. You posted this in 2015 makes it even more interesting. Now that BTC is almost at $58k and ether crossed $3000 mark, I still am not interested in selling them. Also INR is more cheaper in terms of usd compared to what it was in 2015.
I don't think one should ever sell his full holdings, always try to hold as long as you can and sell it as a last resort.
When I also see that the price of bitcoin goes up, the price of the Indian rupee decreases, and when the bitcoin decreases the price of the Indian rupee increases. Whenever this happens, you can take advantage of it, but I am not giving you any advice. You are smart. Now I know what to do next. So I do not need to tell you what to do, you are a connoisseur ..
Everyone has a price in mind. What is yours in INR ?
I sell and always buy back when price falls. This way I am never out of my BTC and always in profit too. I don't have to wait for some target price to sell though I have to wait to buy.
time surely goes by pretty quick
damn, bitcoin came a long way
damn, bitcoin came a long way
Feeling nostalgic after re-visiting this old thread. How time flies...
Yeah. Looks like you were here back when Benson and the faadu wala Indians were here too. Most of them have now moved on with their own projects in the Alt-space and making good products and money I suppose.Only a few OGs still sticking with us sorry lot out here. Thanks for staying put, LOL. Who would believe that Rocket Singh: salesman of the year came out in 2009. 12 damn years already.
Feeling nostalgic after re-visiting this old thread. How time flies...
Everyone has a price in mind. What is yours in INR ?
I have 16k now is13k16k is too low for dumping all your coins. I am pretty sure bitcoin which bump up to a nice price (>30k) after the halvening, so better wait for that.
Everyone has a price in mind. What is yours in INR ?
I have 16k now is13k 
I won't dump my coins before next halvening and would atleast wait for the price to reach atleast 60k INR+ like it was some 2 years back.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I doubt that will happen. There are a lot of bitcoins in the world right now, and most of it is probably not used. I would suspect a massive sell as the price nears 1000$ this time, even if it touches 500.
Also the halvening is only supposed to reduce the possible selling by 1800 coins, which might not really cause such a big rise in the prices.
Am not entirely sure if the global price of Bitcoin can be increased dramatically. I can see it getting affected in certain countries, where the demand rises due to Bitcoin being outlawed or in the event of natural disasters, emergencies, etc.. But pump and dumps, may impact single exchanges with large volumes, where people have access to that market from a disturbed geography.
It will be awesome to see the charts before halving though.. will be a super climb followed by a spectacular crash when people realize that the prices are not moving upwards constantly. I would keep my post-halving predictions around 400 - 600$ max.
And yeah, we will have an API out within the next 2 weeks or so, so go ahead and build a bot, if that will help prices, volume and spread
I won't dump my coins before next halvening and would atleast wait for the price to reach atleast 60k INR+ like it was some 2 years back.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I doubt that will happen. There are a lot of bitcoins in the world right now, and most of it is probably not used. I would suspect a massive sell as the price nears 1000$ this time, even if it touches 500.
Also the halvening is only supposed to reduce the possible selling by 1800 coins, which might not really cause such a big rise in the prices.
I won't dump my coins before next halvening and would atleast wait for the price to reach atleast 60k INR+ like it was some 2 years back.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I doubt that will happen. There are a lot of bitcoins in the world right now, and most of it is probably not used. I would suspect a massive sell as the price nears 1000$ this time, even if it touches 500.
Also the halvening is only supposed to reduce the possible selling by 1800 coins, which might not really cause such a big rise in the prices.
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..Do it buddy. Take the price to 1 lakh INR/BTC. Volume will automatically follow. Just consult MK about how is the life after Willy
Ha... And spend the next 7 years waiting for the price to go back up after the crash? :p
Its an awesome package.
Although I wouldn't mind if the price crashes after touching 1lakh mark
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..Do it buddy. Take the price to 1 lakh INR/BTC. Volume will automatically follow. Just consult MK about how is the life after Willy
Ha... And spend the next 7 years waiting for the price to go back up after the crash? :p
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..Do it buddy. Take the price to 1 lakh INR/BTC. Volume will automatically follow. Just consult MK about how is the life after Willy
I won't dump my coins before next halvening and would atleast wait for the price to reach atleast 60k INR+ like it was some 2 years back.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I am pretty sure the price of bitcoin will get to 50k+ after the next halvening.
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..You owe me laprop bro
Regards
Ha.. You owe me one too, so, lets cancel out this one :p
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..You owe me laprop bro
Regards
I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Sigh, If we had willy working with us, I would never complain about volumes
..I wish to see it reach 60000₹ + mark again(Like it did at the time of mtgox and previous halvening).
I would "dump" most of my coins at ₹1lakh +
I would "dump" most of my coins at ₹1lakh +
Time to create another Willy Bot ?
I wonder who would like to play this wild game ? Benson, Kamesh or someone else ?
What to annoy ? We are just speculating here...
There are only four players now who operates in INR specific market - Benson, Kamesh, Sathwik & Mahin. Out of them Sathwik & Mahin does not own real time exchange where willy is possible. Left are 2. Now, if you know about some new player that's a different story. But, willy bot is not possible in direct trading exchange or bitcoin shops. It has to be a real time exchange like Mt. Gox to employ willy.
Jump to: