[Daily Speculation Poll] :: Everyone has a price, or do they...?

byronbb

legendary

Activity: 1414

Merit: 1000

HODL OR DIE

Quote from: proudhon on June 21, 2012, 05:13:53 PM

Quote from: SkRRJyTC on June 21, 2012, 04:59:42 PM

While this is true: The higher it gose the more i wana hold on to them!

I still better sell 90% at $1000

I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out.

Exactly. If they are ever worth a lot of money then you will be able to buy many things with them without needing fiat.

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

Quote from: adamstgBit on June 21, 2012, 09:43:30 PM

lets say the people Really do start DUMPING the EUR for BTC ( call it a "bank run gone bitcoin" )

so the EUR will be dropping while the BTC rising, causing more bank runs gone bitcoin, in few weeks the EUR is worthless (or months cuz the government will only allow them to take out 300EUR a day?)

would the collapse of the EUR effect other currencies?

srsly?!? only 300 EUR a day? That's scary.

mccorvic

hero member

Activity: 518

Merit: 500

Quote from: proudhon on June 21, 2012, 05:13:53 PM

Quote from: SkRRJyTC on June 21, 2012, 04:59:42 PM

While this is true: The higher it gose the more i wana hold on to them!

I still better sell 90% at $1000

I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out.

+1

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

lets say the people Really do start DUMPING the EUR for BTC ( call it a "bank run gone bitcoin" )

so the EUR will be dropping while the BTC rising, causing more bank runs gone bitcoin, in few weeks the EUR is worthless (or months cuz the government will only allow them to take out 300EUR a day?)

would the collapse of the EUR effect other currencies?

cbeast

donator

Activity: 1736

Merit: 1014

Let's talk governance, lipstick, and pigs.

I would sell 90% at $10k in gold. The rest I would save for retirement. Cool

BoardGameCoin

sr. member

Activity: 283

Merit: 250

Quote from: casascius on June 21, 2012, 05:30:59 PM

I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode.

Exactly, e.g. if it went to $15 in the next few days I would cash out, but if it went to $15 in the next year I probably wouldn't.

-bgc

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: casascius on June 21, 2012, 05:30:59 PM

I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode.

Well, yeah, there's that.

casascius

vip

Activity: 1386

Merit: 1140

The Casascius 1oz 10BTC Silver Round (w/ Gold B)

I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode.

nimda

hero member

Activity: 784

Merit: 1000

0xFB0D8D1534241423

I don't plan on cashing out. I want my bitcoins to be useful, goddammit! I'm only putting money in. I buy things with them and I invest them. Why would I cash out to an inferior currency? Only because I wanted to buy something only available with that currency... and like proudhon I sure hope that when Bitcoin reaches its full potential, I will be able to buy almost anything with bitcoins.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

Quote from: proudhon on June 21, 2012, 05:13:53 PM

Quote from: SkRRJyTC on June 21, 2012, 04:59:42 PM

While this is true: The higher it gose the more i wana hold on to them!

I still better sell 90% at $1000

I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out.

True enough... even now, Coinabul's prices will be pretty irresistible if we go over $10 again. I think I would rather buy some stuff than 'cash out' too.

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: SkRRJyTC on June 21, 2012, 04:59:42 PM

While this is true: The higher it gose the more i wana hold on to them!

I still better sell 90% at $1000

I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out.

SkRRJyTC

legendary

Activity: 1008

Merit: 1000

While this is true: The higher it gose the more i wana hold on to them!

I still better sell 90% at $1000

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Topic: [Daily Speculation Poll] :: Everyone has a price, or do they...? (Read 1226 times)