If BTC goes to $1000 or more, what would you do? - page 31.

Slaxt

sr. member

Activity: 476

Merit: 250

Gone......

Quote from: tyrexs on March 09, 2015, 11:09:32 AM

Quote from: CrackedLogic on March 09, 2015, 10:52:55 AM

Quote from: tyrexs on March 09, 2015, 10:45:36 AM

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

if it crashes to 0 it would not matter because the only way it does that is if it is dead and as i keep saying bitcoin will not die so therefor it is extremely unlikely, imo there is more chance of it going to the ridiculous figures some talk about like a million than going to 0

I cash out the minute it goes near 1000 as that would be the return i would be overly happy with

Scamalert

hero member

Activity: 490

Merit: 500

Captain

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

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

Quote from: tyrexs on March 09, 2015, 11:09:32 AM

Quote from: CrackedLogic on March 09, 2015, 10:52:55 AM

Quote from: tyrexs on March 09, 2015, 10:45:36 AM

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

The chances of that happening is very slim, but not impossible of course. If the protocol is found to be not secure, or the demand for it was lost (which is very unlikely), it can make the price crash. But who knows? We can only speculate. But seeing how big bitcoin had become only proves that only a big event will make the price crash to 0.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

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.

tyrexs

sr. member

Activity: 266

Merit: 250

Quote from: CrackedLogic on March 09, 2015, 10:52:55 AM

Quote from: tyrexs on March 09, 2015, 10:45:36 AM

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

yatsey87

hero member

Activity: 840

Merit: 509

Firstly I would party. Secondly I'd treat myself and buy some things with my coins. New TV, Computer, Phone etc.

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.

Why's it that optimistic? It was at 1k before and I'm sure it'll be there again, though it may take some time.

CrackedLogic

legendary

Activity: 1050

Merit: 1000

Quote from: tyrexs on March 09, 2015, 10:45:36 AM

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

tyrexs

sr. member

Activity: 266

Merit: 250

of course im sell it, but are u still believe bitcoin can reach to $1000

KaChingCoinDev

sr. member

Activity: 364

Merit: 250

I would sell and wait for it to go back down.

CrackedLogic

legendary

Activity: 1050

Merit: 1000

I'll definitely spend a lot of bitcoin while it's still at the $1000 mark. Rather take full advantage - if it would drop after that I'd just buy more and hold again.

bf4btc

hero member

Activity: 568

Merit: 500

Smoke weed everyday!

Quote from: tss on March 09, 2015, 08:31:49 AM

once it hits $1000 i will buy more and then wait for it to drop again.

This is a good strategy i must say probably the same as quite a few others

They think there is no hope now because its at 270ish but then they see it rise and panic buy thinking we are going to a million i cannot believe how many times i have read 1,000.000 in this thread.

To answer the original question i would sell sell sell and wait for the drop and buy buy buy but it does depend how fast and for what reasons we went to 1000 because if it was gold investors jumping in i would hold for quite some time as we would probably fly past the 1000.

Q7

sr. member

Activity: 448

Merit: 250

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.

maku

legendary

Activity: 1288

Merit: 1000

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.

futureofbitcoin

sr. member

Activity: 322

Merit: 250

I think the majority of people on here don't hold enough btc for a 1k price to affect too much.

A better question would be if your BTCs are suddenly worth 1M*, would you cash out**? How about 10M? 100M?

*1M USD, present value

**By cashing out, I mean exchanging to fiat or buying stuff with it, instead of hodling.

tss

hero member

Activity: 742

Merit: 500

once it hits $1000 i will buy more and then wait for it to drop again.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

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

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

10k is not happening in the next 10 years for sure. It it not certain that it will ever happen. I would not be so optimistic about 10 k bitcoin price without solid ground to support that claim. And most of the people from this thread are saying that they will be holding their btc till the end and even after. People it is life, and you have only one. Spend it while you can. You don't want to keep your bitcoin in your coffin after all...

Agestorzrxx

sr. member

Activity: 462

Merit: 250

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

Frost

hero member

Activity: 602

Merit: 508

I would probably sell over a half of my stack to convert it to USD. I would hodl the other half.

kusumadewi

hero member

Activity: 826

Merit: 517

Quote from: OROBTC on February 05, 2015, 11:27:05 PM

...

I started into the BTC world after BTC had backed off its all time highs (over $1000), I started slowly buying at around $700 and having been buying more on the way down. For the moment I have no plans to spend them.

That would change if BTC goes back up to $1000 or even above its earlier all-time highs. I will mention below what I will likely do further below, but here is a chance to tell people WHAT you would do with some or all of your BTC if we have a BIG price rise within, say, the next year or two:

If BTC goes to $1000 or more, what would you do?

* * *

1) Buy gold!

2) Look for a good investment in the BTC community

3) Very possibly hoard the rest

If bitcoin price will be over 1000$ i will sell some of btc and some again i will hold it until price i think enough and sell it again Cheesy

BitmoreCoin

sr. member

Activity: 406

Merit: 250

Quote from: Berau on March 09, 2015, 01:39:49 AM

I would continue holding the BTC until it reaches $1,000,000.

And when it reaches $1,000,000 I'll go out on the streets and just stuff random people's pockets with $100 notes.

It depends on how many BTC you have. If you only have 1 BTC, then you can only stuff 10,000 people's pocket.

Topic: If BTC goes to $1000 or more, what would you do? - page 31. (Read 38410 times)