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Topic: Some day, bitcoin price reached $1000, what will you do? (Read 1404 times)

copper member
Activity: 1428
Merit: 253
Where's the sell less than all of my position button?

I'm paying off my mortgage! Smiley



What? Why? Assuming you have a low fixed rate 30yr denominated in fiat, why the heck would you ever pay that off early? There's going to be a lot more fiat created long term...

Because I can't accumulate BTC forever... What's the point in having them if you'll never spend them? They have to serve a purpose some day... to me, that day is when I have enough to pay my mortgage, if ever. Smiley




Invest in bitcoin related businesses?

I can do that on my own too...
full member
Activity: 235
Merit: 100
What ? $1000?  Is this a joke?
I'll not sell even one satoshi until it hits minimum $5000.  $10000 prefered ( it would not take more then 5-7 years anyway)
legendary
Activity: 1722
Merit: 1004
Where's the sell less than all of my position button?

I'm paying off my mortgage! Smiley



What? Why? Assuming you have a low fixed rate 30yr denominated in fiat, why the heck would you ever pay that off early? There's going to be a lot more fiat created long term...

Because I can't accumulate BTC forever... What's the point in having them if you'll never spend them? They have to serve a purpose some day... to me, that day is when I have enough to pay my mortgage, if ever. Smiley




Invest in bitcoin related businesses?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
@OP depends on what $1000 can buy you when it hits that price....toilet paper maybe? who knows.
legendary
Activity: 1722
Merit: 1004
Where's the sell less than all of my position button?

I'm paying off my mortgage! Smiley



What? Why? Assuming you have a low fixed rate 30yr denominated in fiat, why the heck would you ever pay that off early? There's going to be a lot more fiat created long term...
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
I will do the same that I will do from $300. Sell/spend 0.5% - 1% om my remaining coins every month.
full member
Activity: 196
Merit: 100
Another block in the wall
Brute-forcing might actually be worth it.

Someone needs to liberate coins with no private keys......
legendary
Activity: 2114
Merit: 1031
legendary
Activity: 2114
Merit: 1031
Where's the sell less than all of my position button?

I'm paying off my mortgage! Smiley


+1 good call.

Then buying my wife a big fat rock.

Then perhaps some trust funds for my unborn children...
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Spend them as bitcoins.
legendary
Activity: 2114
Merit: 1031
Where's the sell less than all of my position button?
full member
Activity: 227
Merit: 100
and make 3 low level formats of the disk drive with the wallet.dat.
hero member
Activity: 607
Merit: 500
erase my wallet.dat  Grin
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Another test of faith  Wink
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