If BTC goes to $1000 or more, what would you do? - page 30.

Btcvilla

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Activity: 1078

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Quote from: BitmoreCoin on March 09, 2015, 04:52:48 PM

Quote from: randy8777 on March 09, 2015, 03:52:26 PM

instead of selling my coins i think i will actually spend them on something cool.
but that's now. it might change when it really happens. but before that i need to have more coins.

I mine and use coins.

No point in using Bitcoin if you just hold and never sell or buy with them.

Spending Bitcoins also helps the Bitcoin economy...

BitmoreCoin

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Activity: 406

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Quote from: randy8777 on March 09, 2015, 03:52:26 PM

instead of selling my coins i think i will actually spend them on something cool.
but that's now. it might change when it really happens. but before that i need to have more coins.

I mine and use coins.

DMichael

newbie

Activity: 3

Merit: 0

Quote from: randy8777 on March 09, 2015, 03:52:26 PM

instead of selling my coins i think i will actually spend them on something cool.
but that's now. it might change when it really happens. but before that i need to have more coins.

Agreed, if the price goes up enough and I feel like cashing out some I'm going to buy something I really want with it.

Best thing to do for the future of Bitcoin I think.

randy8777

legendary

Activity: 896

Merit: 1000

instead of selling my coins i think i will actually spend them on something cool.
but that's now. it might change when it really happens. but before that i need to have more coins.

protokol

legendary

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Merit: 1016

Quote from: bryant.coleman on February 05, 2015, 11:58:14 PM

The last time it it $1K, I didn't sell any of my coins. I thought it might go all the way up to $10K. It Iwas such a shitty decision. However, if it hits the $1K mark once again, I am offloading half of my coins. Grin

Same, although I didn't think it would hit 10k,more like 2 or 3k.

BUT, I think if there's another bubble soon, it could easily get to those 2-3k levels, simply because a shitload more people know about Bitcoin this time around...

I would probably sell a couple of coins at 1k, a couple more at 2k, maybe a few more at 3k. Then HODL!

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: MRKLYE on March 09, 2015, 03:25:46 PM

I would cry, I have far to much BTC debt at the moment to be able to afford $1000 BTC.. I would like a $100 per BTC dip for the summer if possible. Cheesy

I was in this kind of mindset last week, hoping the price to dip at a range that I consider as an entry point. But the trend seems to be upward right now, and I don't like to complain either.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

What's happening to this place? So unrecognizable right now... Cry

MRKLYE

legendary

Activity: 1358

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Designer - Developer

I would cry, I have far to much BTC debt at the moment to be able to afford $1000 BTC.. I would like a $100 per BTC dip for the summer if possible. Cheesy

TheButterZone

legendary

Activity: 3038

Merit: 1032

RIP Mommy

Wait until it reaches the absolute price floor of $1250 USD/BTC before doing anything.

coinableS

legendary

Activity: 1442

Merit: 1186

Quote from: pokerowned on February 06, 2015, 03:27:57 AM

i think btc will be most valuable when its close to the 21 millionth coin being mined.

Once we get 3 more halvings I expect the price to be well above $1,000.
So just wait about 10 years

2016 - 12.5
2020-21 - 6.25
2024-25 - 3.125

pirsquared

member

Activity: 109

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The obvious and only correct response is to panic buy at that price point.

Herbert2020

legendary

Activity: 1946

Merit: 1137

well i bought most of what i could afford at $160 to $200 price when it was at the lowest possible price, so i doubt if i would buy any more with higher price for NOW. and if the price rises as high as $1000 i think i am going to spend my btc on something. but for now i am just earning, trading and holding...

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: BillyBobZorton on March 09, 2015, 01:09:16 PM

Quote from: Q7 on March 09, 2015, 09:51:20 AM

Reading most of the comments tells me that people are just too optimistic. Before we even reach 1k, we should at least ask ourselves whether we can breach the psychological 300 level. I'm not trying to sound negative in anyway. While there's chance for price will go up, we just shouldn't set our mind thinking about the same thing all day long.

Dude you are deluded. Of course we'll go beyond 300 and 1000. Just wait and see. The fiat corrupt system is fucked and Bitcoin is the only answer. All other altcoins are shit and metals are boring.

Well not deluded, just thinking of other possibilities other than "moon". It is true that the fiat system is kinda fcked up, but we couldn't safely say that bitcoin is the only answer. Bitcoin offers a lot of convenience and security to the users, but are those enough to satisfy the demands of the majority of the people in the world? We haven't seen mass adoption yet, so we couldn't sit down here and relax and say that "Nah, bitcoin will succeed anyway." A sane man wouldn't think of only the positive side, but he will also ponder along the negative lines as there is no such thing as impossible, only improbable.

cryptardio

newbie

Activity: 15

Merit: 0

i would buy some decent upscale hookers for a change!

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: Q7 on March 09, 2015, 09:51:20 AM

Reading most of the comments tells me that people are just too optimistic. Before we even reach 1k, we should at least ask ourselves whether we can breach the psychological 300 level. I'm not trying to sound negative in anyway. While there's chance for price will go up, we just shouldn't set our mind thinking about the same thing all day long.

Dude you are deluded. Of course we'll go beyond 300 and 1000. Just wait and see. The fiat corrupt system is fucked and Bitcoin is the only answer. All other altcoins are shit and metals are boring.

LiteCoinGuy

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In Satoshi I Trust

buy more and wait for 10k Tongue

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: Agestorzrxx on March 09, 2015, 07:40:15 AM

Nothing, it's just $1000, the potential should be more than $10K.

Potential? Try 60-80 million usd per coin. But that's probably 20+ years off still.

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Easy answer. HODL some more! Grin

Sure, I'd offload a couple here and there, buy a nice dinner, maybe something for the wifey, but if you believe in Bitcoin, you just keep on keeping on.

BUY, HODL, ACCUMULATE MORE...and spend a little. Gotta keep the ecosystem runnin' Cheesy

M28MmickT

sr. member

Activity: 433

Merit: 250

BTG CEO

Quote from: Scamalert on March 09, 2015, 11:43:05 AM

Make sure not to get scammed and lose your coins. That should be your priority.

That is good advice i must say, more scams will likely come out of the woodwork on the way to them levels so keeping a good eye on things is a must, always use escrow if trading on here for starters. Then do not leave any amount on exchanges, be your own bank.

Dogtanian

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Activity: 756

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Quote from: dothebeats on March 09, 2015, 11:36:48 AM

Quote from: maku on March 09, 2015, 09:33:50 AM

Some people are so greed blind they will hold forever. And that is little sad. Do not wait for price rise to some mythical values - use your bitcoin on daily basis.

bitcoin isn't created to the purpose of people using it as an investment vehicle but as a currency. It is also insane to think that people will hold until it reach a very improbable value (say $1m per bitcoin) then sell it afterwards.True, you may be a millionaire by holding those coins, but no one in the right state of mind would buy such a thing priced at $1m unless there is a 100% of profit from it. Only the rich can afford that.

Bitcoin can be used how ever one wants to and that's the great thing about it. If you want to use it as a currency go right ahead but some are seeing the opportunity as a speculative investment, but they could also be wanting to use it as a currency in the future. You also don't need to hold until it's worth millions. Even worth a thousand would do and I think that price is easily achievable and at the current value so I think it's silly to spend it right now personally.

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