Topic: Tired of the 800's - page 2. (Read 2530 times)

Well, if that's the case.

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I don't understand your logic. If you believe in bitcoin why sell it? To buy what? If you don't need to sell then why do it. The only option I see as a reason is to pay off debt and to live a debt free lifestyle. If not. Just hold eventually you will just spend them like normal and you will spend less than you need because the value will continually increase. Not to mention.... 40% tax on that!!!!!! Go ahead cash out for cash, pay taxes on it. Or just sit on it and just spend it. No tax! hmmmmmmmmmm 

When whe pass 1000 on the reference bourse gox, I am going to sell a bitcoin, my first, not counting those I have used for buying goods and services and immediately rebought. And I am going to weep. It will mark the point where I start to reduce my nominal bitcoin holdings. My real value will still increase, because each year I will reduce my nominal bitcoin holding with a percentage considerably lower than the increase of the real value of my remaining bitcoins.

When I think about what the bitcoin system can do for the freedom of the individuals of the world, I feel I have to bough in respect. The current thieves, not the small ones with a gun or a knife that might rob you on the street, but the really big thieves, that have robbed me with half of my wealth about 5 times since I started earning my own money, they have to know that their time is over, there are just too much good information out there for them not to know. They will try to distract the general public with allegations of drugs, child porn, terrorism and money laundering, but they will loose, it will be exposed that it is they who trade in those markets, not we the bitcoiners.

Ranting aside, now is the time for me to start the spending. Later comers might have to wait some more time, newcomers might have to wait 3 years. The point is, if you have the knowledge, the means and the guts, you can invest now an not loose the train. The raise will continue.