I will sell a significant part of my Bitcoin hodlings at price ... - page 3.

n2004al

legendary

Activity: 1134

Merit: 1000

Quote from: bitpump on July 23, 2015, 04:10:43 PM

At what price levels will Bitcoin hodlers sell a significant part of their coins?

I will not sell my bitcoins now unless for exceptional needed things. Maybe if the price will go 20 000 or more i will sell two or three only to see and to touch the profit from them. But everything here. I think that bitcoin will worth more and more in the future. there a limited number of bitcoins and there are an increased demand for those. So the results will be the increase of their value.

jdebunt

legendary

Activity: 1596

Merit: 1010

Not below US$5,000 if I had the choice, but some bills require me to "dump" minor amounts of BTC now and then

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: DannyHamilton on July 23, 2015, 04:29:01 PM

Quote from: OmegaStarScream on July 23, 2015, 04:17:14 PM

- snip -
Those who chose the last thing on the poll may want to give some arguments? If you're not willing to sell them then you are for sure going to use them, and that won't happen unless bitcoin becomes mainstream and well known everywhere in the world. That will only happen after xxx years. So, are you willing to wait that much?

I already pay my monthly satellite TV service (Dish) with bitcoin.

When I plan trip, I pay for my hotel (Expedia) with bitcoin.

I purchased a new TV from TigerDirect with bitcoin.

I bought my wife a camera from Overstock with bitcoin.

I subscribed to my local newspaper (Chicago Sun-Times) with bitcoin.

I also occasionally order pizza (Rosati's) with bitcoin.

I'm spending bitcoins for products and services all the time. Why would I sell them for USD?

Some of the website are limited to me and can't access them . anyway I believe you mate ... but it's not like FIAT (Paypal , Credit card) they are accepted eveywhere on the world . for Bitcoin you have to basically struggle to get paid in BTC , to pay bills ith BTC and a lot of other things and all that depends on the country you are living in .

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: erpbridge on July 23, 2015, 06:09:08 PM

Quote from: Mickeyb on July 23, 2015, 04:17:32 PM

Quote from: bitpump on July 23, 2015, 04:10:43 PM

At what price levels will Bitcoin hodlers sell a significant part of their coins?

I honestly strongly believe in this technology at the moment so much, that I wouldn't sell any of my Bitcoins even if we hit 10,000. That is how I voted!

If you won't sell your bitcoin at any price below 10,000 then you will probably not even buy anything with it as payment processors like coinbase convert it to USD instantly. Then how will just holding on to the bitcoins ever benefit you, if the price never actually goes over 10K ?

I am actually buying with Bitcoin very often but as soon as I buy, I also buy the same amount of the exchange. So at the end of the day, I am at the same balance or even ahead since shopping for Bitcoin nowadays gives you very ofteh great discounts (read purse.io for example).
Now why am I doing something so complicated you might ask? Well I decided that I will support the network in this way by transacting and not just hoarding, since I think that actual transacting is very important for the adoption at the moment. And at the end, because of the discounts, I often make small earnings as well.

Now to answer second part of your question, this way of holding will benefit me greatly since I believe that 1 BTC will be worth much more than $10,000 in the future. When this happens, I will see what I will do!

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

I won't sell my bitcoin since i believe bitcoin will success in future
I'd sell it if i really need fiat or emergency

OP, could add more option such as $1 or $24.99

I bet some people would choose that options

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Bitcoin price speculation will be its downfall..... (to be continued).

newIndia

legendary

Activity: 2226

Merit: 1052

Your figures are very random.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

$338385

bitllionaire

legendary

Activity: 1120

Merit: 1000

I would do it a 10000,
But I think I would never sell my bitcoins, I im so in love with them Grin

erpbridge

legendary

Activity: 954

Merit: 1000

Quote from: Mickeyb on July 23, 2015, 04:17:32 PM

Quote from: bitpump on July 23, 2015, 04:10:43 PM

At what price levels will Bitcoin hodlers sell a significant part of their coins?

I honestly strongly believe in this technology at the moment so much, that I wouldn't sell any of my Bitcoins even if we hit 10,000. That is how I voted!

If you won't sell your bitcoin at any price below 10,000 then you will probably not even buy anything with it as payment processors like coinbase convert it to USD instantly.

Then how will just holding on to the bitcoins ever benefit you, if the price never actually goes over 10K ?

notlist3d

legendary

Activity: 1456

Merit: 1000

I like to horde most of my coins I do not like spending them. I enjoy watching them build up. Sure I do spend some but a lot of that is on investments.

Main thing I pay out of it is power bill, it is not cheap. I do cash in each month some (or most months) to pay for electricity. This makes it where if BTC dropped to 0 or something small I at least did not pay thousands in electricity bills mining and lose it all.

DannyHamilton

legendary

Activity: 3472

Merit: 4801

Quote from: OmegaStarScream on July 23, 2015, 04:17:14 PM

- snip -
Those who chose the last thing on the poll may want to give some arguments? If you're not willing to sell them then you are for sure going to use them, and that won't happen unless bitcoin becomes mainstream and well known everywhere in the world. That will only happen after xxx years. So, are you willing to wait that much?

I already pay my monthly satellite TV service (Dish) with bitcoin.

When I plan trip, I pay for my hotel (Expedia) with bitcoin.

I purchased a new TV from TigerDirect with bitcoin.

I bought my wife a camera from Overstock with bitcoin.

I subscribed to my local newspaper (Chicago Sun-Times) with bitcoin.

I also occasionally order pizza (Rosati's) with bitcoin.

I'm spending bitcoins for products and services all the time. Why would I sell them for USD?

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: bitpump on July 23, 2015, 04:10:43 PM

At what price levels will Bitcoin hodlers sell a significant part of their coins?

How did you determine the first few prices? Are those your exit points? Just looks a bit weird..

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: bitpump on July 23, 2015, 04:10:43 PM

At what price levels will Bitcoin hodlers sell a significant part of their coins?

I honestly strongly believe in this technology at the moment so much, that I wouldn't sell any of my Bitcoins even if we hit 10,000. That is how I voted!

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Not sure how you got thei dea to put the first four on the poll but well ... I'd sell when they are at the price 2000$ / BTC or above that's for sure . I wasen't an early adopter so don't have that much , so more profit it is the more good it is . I didn' spend any penny to get my current BTCs so ... all full profit Grin

Those who choosed the last thing on the poll may wanna give some arguments ? Shocked

If you are not willing to sell them then you are for sure going to use them and that won't happen unless bitcoin become mainstream and well known everywhere onthe world and used and that will only happen after xxx years . so are you willing to wait that much

bitpump

full member

Activity: 167

Merit: 101

At what price levels will Bitcoin hodlers sell a significant part of their coins?

Topic: I will sell a significant part of my Bitcoin hodlings at price ... - page 3. (Read 2615 times)