If Bitcoin moved above $10,000 USD per coin what would you do? - page 5.

Osarman

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Quote from: Sidas_Crew669 on August 19, 2016, 12:34:12 PM

Quote from: MingLee on August 19, 2016, 12:30:11 PM

Quote from: virasog on August 19, 2016, 12:20:01 PM

Quote from: Lucius on August 19, 2016, 10:12:39 AM

If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

Well it cant be that bitcoin is today at 600$ and you woke up and it reaches suddenly to 10,000 $. This will happen gradually and it can take more than a decade to happen.

It could happen one day if there was a massive run on Bitcoin from governments and wealthy investors everywhere, but some event like that is incredibly unlikely and thus it would basically be a useless scenario to consider. Chances are it'll take far more than a decade to reach $10,000, but I guess it is possible that it could reach it within the next 16-24 years. Depending on how the halvings change the price.

Yeha it it's true, but more than that, bitcoin can reach prices of $ 10 k because of the growth of the bitcoin is very high and the market movements that extraordinary high. Make the bitcoin became limited and everyone wants to get it, that's the thing that could happen in the future. With the total number of bitcoin very little compared to internet users around the world who will become a weapon to increase extraordinary bitcoin

i agree with you but it will be take too much longer time that bitcoin price reach to 10,000$ because 10,000$ is very high price i hope it will be happen in the future if a huge number of people adopt the bitcoin in huge amount.

Sidas_Crew669

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Quote from: MingLee on August 19, 2016, 12:30:11 PM

Quote from: virasog on August 19, 2016, 12:20:01 PM

Quote from: Lucius on August 19, 2016, 10:12:39 AM

If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

Well it cant be that bitcoin is today at 600$ and you woke up and it reaches suddenly to 10,000 $. This will happen gradually and it can take more than a decade to happen.

It could happen one day if there was a massive run on Bitcoin from governments and wealthy investors everywhere, but some event like that is incredibly unlikely and thus it would basically be a useless scenario to consider. Chances are it'll take far more than a decade to reach $10,000, but I guess it is possible that it could reach it within the next 16-24 years. Depending on how the halvings change the price.

Yeha it it's true, but more than that, bitcoin can reach prices of $ 10 k because of the growth of the bitcoin is very high and the market movements that extraordinary high. Make the bitcoin became limited and everyone wants to get it, that's the thing that could happen in the future. With the total number of bitcoin very little compared to internet users around the world who will become a weapon to increase extraordinary bitcoin

MingLee

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Quote from: virasog on August 19, 2016, 12:20:01 PM

Quote from: Lucius on August 19, 2016, 10:12:39 AM

If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

Well it cant be that bitcoin is today at 600$ and you woke up and it reaches suddenly to 10,000 $. This will happen gradually and it can take more than a decade to happen.

It could happen one day if there was a massive run on Bitcoin from governments and wealthy investors everywhere, but some event like that is incredibly unlikely and thus it would basically be a useless scenario to consider. Chances are it'll take far more than a decade to reach $10,000, but I guess it is possible that it could reach it within the next 16-24 years. Depending on how the halvings change the price.

virasog

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Quote from: Lucius on August 19, 2016, 10:12:39 AM

If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

Well it cant be that bitcoin is today at 600$ and you woke up and it reaches suddenly to 10,000 $. This will happen gradually and it can take more than a decade to happen.

enomin

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If bitcoin moved above 10k, I'd sell some of my bitcoins and use the rest to go shopping at web stores that accept bitcoin(heck maybe I'll get a physical bitcoin card).

Corenin

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If I ever see that high price of bitcoin in future then without thinking twice I will sell all my coins and convert it to fiat, as there is no point in holding it at that stage.

QuestionAuthority

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Quote from: Lucius on August 19, 2016, 10:12:39 AM

If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

That's no bullshit either. Every coin I have is gone the minute btc goes over $1,000 a coin, if it ever does. I won't make the mistake of hesitating again.

densuj

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I will make trading altcoins only, because if i make trading bitcoin to fiat it needs much capital. That is different with trading altcoins who need low capital and can use big capital too.

bitsoldiers

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will be happy and sale out bitcoin I had..that's more profit..this will make me richer selling out my btc bought for a lil price...

Lucius

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If one day it happens many will be pleasantly surprised,but I think it is quite unrealistic to expect something like that in the near future.If that were to happen many would probably sell all or most of their coins and the price would be go down very fast.

I personally would sell part of my BTC and other part I saved in case that one day BTC worth much more then 10k $

Doamader

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Thats more a dreal then a realistic price, atleast at the next years bitcoin isnt expected to reach such value, i would risk 1000 dollars at 2020, now maybe the price can be affected by the new megaupload project. If bitcoin hit those value i would dump my coins, finish the loan i have and for sure put part of the money into saving and spend with family other part as well.

calkob

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i'd hold for even greater gains, if it can reach 10000 it can reach 50000. lol Grin

metropolia

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Quote from: BillyBobZorton on August 18, 2016, 10:35:50 AM

Quote from: aesma on August 18, 2016, 09:56:18 AM

I would hire a tax specialist to figure out how to get my million out.

Damn you have 100+ BTC? that is a lot. And you will need more than 100 to have 1 million in your bank, since taxation will be pretty heavy on 1 million increment in most countries.

Some countries don't consider btc is money, like China, so Chinese don't need to pay taxes.

takingthis4

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Quote from: BillyBobZorton on August 18, 2016, 10:35:50 AM

Quote from: aesma on August 18, 2016, 09:56:18 AM

I would hire a tax specialist to figure out how to get my million out.

Damn you have 100+ BTC? that is a lot. And you will need more than 100 to have 1 million in your bank, since taxation will be pretty heavy on 1 million increment in most countries.

yeah, i think it would be enough for retirement in the future, bitcoin is going to grow and it will make him huge profit

Achargeturry78

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Quote from: Bitcoinpro on August 16, 2016, 09:34:41 PM

I'd be getting ready for sharper moves higher

If bitcoin now are going high i probably convert all my money into bitcoin and save it into my bitcoin wallet then wait until the day happen that because i am going to rich for sure because of this even i have 1 bitcoin in my wallet it will help me with that for sure

and i am going to re invest it so that i can earn more than i am expecting Cheesy

angaper

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Actually I am not mentally prepared to see the bitcoin price achieving that level. Perhaps at that point I had previously spent most of my coins at $2000 because I don't expect a price above $1500.

gilangIDR

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$ 10,000 is the amount to very much. I want to use that money to invest in market trading. I want to benefit even more.

passwordnow

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Quote from: zimmah on August 18, 2016, 06:17:11 PM

Quote from: babyjesusftw1 on August 17, 2016, 02:44:45 PM

I would honestly sell a portion of it, and then hold the rest until I have a need to convert it into fiat currency. I doubt it will ever reach 10k value per bitcoin, but I personally feel like if it does, then it'll be close to hitting its price ceiling. So yeah, I'd sell a good portion to hedge my bets on the price falling in the future.

not even close, the ceiling is more like a couple of million, but i doubt it will ever hit that.

though, $10,000 should be easily reached, and sooner than you think.

even $100,000 should be very easy.

Bitcoin will either fail or reach way above $10,000

and it doesn't look like it is failing, because if it would fail, it would have failed a thousand times by now.

I hope you are going to have a good mouth and your suggestion is going to happen and if bitcoin is going to reach $10,000 for sure I'm going to build up my own investment for real or if not I will just going to keep on investing with bitcoin so that I'm going to keep growing my money on it and possible thing is that to become more richer.

European Central Bank

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nothing. if it can reach that price then that means the rest of the world is catching on and it's only gonna grow from there. right now there is effectively no adoption at all. it only takes a small amount of freaks to keep the price as it is.

with a market cap of 100 billion and more that means it's time to get serious.

BeGoods

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Quote from: JumperX on August 17, 2016, 06:05:09 PM

Quote from: DOGE12321 on August 17, 2016, 05:58:35 PM

That is a price too good to be true. I would probably cash out or invest in something that isn't as volatile as Bitcoin like gold.

It really depends on my mood the day that BTC turns 10 000USD.

Yup if it reaches to that price then I think we should sell all our coins at that stage we cannot afford to hold it as I am sure it will fall extremely after touching the price of $10k.

I think if the price it would really happen of course everyone would sell all their bitcoin? because I'm sure they will be eager to sell in order to become rich. but you can see for yourself. even before it hits the $ 800 price panic has occurred Lol seling. how can go up to $ 10k?

Topic: If Bitcoin moved above $10,000 USD per coin what would you do? - page 5. (Read 5887 times)