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Topic: What are your plans for YOUR BTC if the price rockets in the future? - page 4. (Read 4242 times)

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
I'm hodling to $100K+.
member
Activity: 78
Merit: 10
If we reach 10k you can be damn certain I'm hodling 90% of my stash. Because if we're able to reach that number, 6 figures are around the corner.

Although i would LOVE for a 6 figure number for BTC1.0 how likely is this really? i mean how many new millionaires would than generate? and what would it mean for the rest of the world that at that point that either dont have any BTC or not a large amount? (lets say a few $thousand worth)

Just done a quick search for how many millionaire there are globally and estimate lay between 14 & 20 million millionaire currently.
Now how many people today have more than BTC1.0? and how much will that number rise between Now @ $413 per btc (coindesks current rate) and the 1million dollar mark?

What would that reflect in the amount of millionaires there are globally? furthermore, will $1mill @ todays value be the same as $1mill by the the time the BTC is worth 6 figure per coin?


(amount of millionaires' source: m/2015/06/24/how-many-millionaires-in-the-world-it-depends.html]http://www.c[Suspicious link removed]m/2015/06/24/how-many-millionaires-in-the-world-it-depends.html
legendary
Activity: 3248
Merit: 1070
i would like to buy an house, but i would prefer to do it with bitcoin, surely i'm going to begin to use bitcoin around 5k-10k range, and something at 3k

i hope that by then i would be able to buy directly with bitcoin, i don't want to touch fiat anymore
legendary
Activity: 1470
Merit: 1001
If bitcoins goes to 5.000 or 10.000 $ i will sell some bitcoins to buy a new car and will secure a part of my bitcoins on a metal paper wallet with laser engraving.
legendary
Activity: 1912
Merit: 1020
I hope get more bitcoins via leveraged long positions (futures contracts), and then may be convert profit into gold coins.
legendary
Activity: 2002
Merit: 1040
If we reach 10k you can be damn certain I'm hodling 90% of my stash. Because if we're able to reach that number, 6 figures are around the corner.
member
Activity: 62
Merit: 10
try to make a solid passive income to become financial independent.
still holding most of the bitcoins i think
legendary
Activity: 1400
Merit: 1009
If bitcoin reaches $10k i can buy a house with my current bitcoin holdings.  
hero member
Activity: 493
Merit: 500
I would only enjoy a family holiday the rest would be saved & spent on silver and gold which I would never get to spend nor enjoy but would look down with a smile on the ones I love who will. What helps the price grow can be spending if people are demanding the btc when there is smaller supply to the demand.
hero member
Activity: 588
Merit: 500
Buy a house, and take care of family
member
Activity: 78
Merit: 10
a house is definitely on my agenda if the price was to sky rocket lol I want also to be able to buy some everyday things too,i imagine one day using BTC to pay for gas @ service stations, with some sort of paying kiosk that maybe scans my QR for Payment.
sr. member
Activity: 462
Merit: 250
I will hold most of my coins as saving. I will also use some of the coins to purchase goods/services so as to make bitcoin useful to the society.
member
Activity: 78
Merit: 10
Im fairly new to the bitcoin so forgive me if im wrong in my understanding.
What would be your plans for your Bitcoins if the price per coin rose to 5 or even 10k+ each?


The question dawns on me after thinking about everyone that is saving their BTC for the future.


what happens if everyone that has bitcoins decided to hold on to the lot? if price spikes in a few years then everyone sells? for the same fiat everyone says bitcoin kills? (not a rhetorical question nor sarcasm)

My HOPE is if the bitcoin price surges to ridiculous heights, the bitcoins i have will be able to be spent JUST as i spend my GBP now,

if bitcoin ever got to 10k per coin, ill be spending not selling, is this the same for most? orrrr?

My current approach is, whatever BTC i gain, i will save a little and will spend a little regardless of market value (unless it dropped bellow $150 in which case buy buy buy lol but from what ive read i doubt this) but isnt the spending of the btc what helps in grow? or am i mistaken?
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