Not for less than $15k minimum
So getting out my popcorn for a long, long wait
Topic: Those hodling >10btc since last ath - page 2. (Read 4642 times)
I was hoping to just spend them, no cashing out.
Thats the plan.
Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers
if you use BTC to buy stuff then you agree that BTC has other utility then create money from thin air and that stores accept BTC is a good idea.
I think it is much different than just cash out
At what price point do you hope to cash out at least 50% of your btc?
It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.
When do you expect that happen? isnt that insanely unrealistic?
If its 1.4 per coin, indeed there will be no point hedging against BTC. Would rather be rich in BTC than in some fiat.
When it's well above the long term exponential trend line. It never stays there for long.
Diversifying enough to live decently if Bitcoin fails but no way 50%. If Bitcoin succeeds and becomes a stable currency it still makes a lot of sense to hold bitcoin. It would be a non-inflationary currency that grows in real value in step with general economic growth. That would make it the optimal investment as long as you don't have private information about other investments, as such information is the only way to beat the index (i.e. overall economic growth) on average.
I was hoping to just spend them, no cashing out.
Thats the plan.
Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers
At what price point do you hope to cash out at least 50% of your btc?
At no point.
I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.
interesting idea. i´d like to do the same. hm.. with wife and kids this is a different story. i guess i would start selling tiny amounts around $ 1000,- and try to sell half the coins during the next run-up. the other half stays away from exchanges.
At what price point do you hope to cash out at least 50% of your btc?
At no point.
I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.
At what price point do you hope to cash out at least 50% of your btc?
It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.
I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.
The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.
Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.
Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.
The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.
Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.
Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.
Its a nice thing u have going there, youre probably right , its wrong to sell >10 Btc, better just wait for appropriate time to start using them.
Doubt there will be enough volume to allow you to sell @450 even if it was a mistake by buyer, but doesnt hurt to still have that offer, xcept that i would never leave more than 1 btc on exchange
due to ..reasons..
I was hoping to just spend them, no cashing out.
I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.
The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.
Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.
Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.
The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.
Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.
Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.
Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.
lolEveryone says that. I do love to hold and I sold at 500 , and bought back in at 200. Moral of the story, i believe and hold bitcoin too, but I have 2.5x the amount I had before,, but you are still there 
Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.
Agreed, if u want to profit you have to wait it out, but im waiting for some unrealistic pump thats obvious not to hold value, then
i will dump and just wait again for fall to come. rinse-repeat, served me good so far
And those that dont even want to trade until xxxxx price, well i doubt theyre even on this forum anymore, they try to forget their btc even exists :]
Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.
The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.
There is no problem with this thread itself not sure why you opened with that.Yep. Totally agree with you how sentiment has changed. That was partly why i asked the question. I'm kind of wondering if/how people's expectations may or may not have changed since the last ath. Holding a few bucks in btc is one thing but holding $10k+ throughout this bear market i think illustrates a certain level of faith... I guess part of this thread is focused on how expectations have been affected in light of the development of the eco system in the midst of decreased btc/usd value.
I understand all those saying it doesnt matter... Its about what you can buy with btc. But the bottom line is merchant adoption is still a long way off offering that in that the things most ppl can buy with btc. It currently doesnt come close to that available by fiat both in terms on choice and convinience.
Does that really matter or is this what bitcoin is all about? Instead of when to sell or at what level to sell, Look at it as a day-to-day currency. If that makes a difference .... i'm holding on to mine without giving a thought about that at all
I'm gonna rotate out from between $2500 and $6000/BTC but I will still actually control even more coins than I do now as pretty much the only guy in the Louisiana swamp who knows anything about crypto. I'm already in talks with a major local Bank CEO to get Acadiana up to speed.
The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.
There is no problem with this thread itself not sure why you opened with that.The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.
There is no problem with this thread itself not sure why you opened with that. Jump to: