What would you do "when" bitcoin hits 10,000......... - page 3.

beetcoin

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Quote from: acs267 on November 30, 2013, 12:35:06 AM

Quote from: beetcoin on November 30, 2013, 12:32:16 AM

Quote from: acs267 on November 30, 2013, 12:30:04 AM

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.

well, if bitcoin ever flies off beyond the moon, and i'm at retirement level AND if you are struggling financially, i'll be your insurance. just send me a PM by then... years and years into the future Cheesy

acs267

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Activity: 644

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Quote from: beetcoin on November 30, 2013, 12:32:16 AM

Quote from: acs267 on November 30, 2013, 12:30:04 AM

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.

beetcoin

sr. member

Activity: 434

Merit: 250

Quote from: acs267 on November 30, 2013, 12:30:04 AM

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

acs267

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Activity: 644

Merit: 500

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.) If I get to 20BTC+, then I would by a few acres of land.

Dafar

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dafar consulting

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game

BittBurger

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Quote from: Mondy on November 29, 2013, 06:18:22 PM

You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Like others pointed out already, this was the *certain* result of hitting $1,000 and we didn't even have a crash at $1,000.

The big crash (or rather, correction) was at $800.

djalexr

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I'll wait for it to hit £10,000...

beetcoin

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Merit: 250

bunga bunga party? big pools, dirtbikes, sin and more sin, and then go for broke.

bryant.coleman

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Right now my BTCs, LTCs and TRCs are worth around $30K.

When BTC cross the $10K mark, my coins will be worth some $275 K

So far I haven't sold any of my BTCs. However, when they cross the $10K mark, I think I'll sell 20% of my coins. Grin

For that money I'll buy land or gold.

BitcoinEXpress

legendary

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When it hits $10K I will sell 2000 BTC and hang on the majority of what I have purely as a speculation vehicle.

~BCX~

Bitcoinpro

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buy 2 or 3 small countries and turn them into mining farms Cheesy

Siegfried

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I will buy 100 ounces of gold and invest in a few small businesses.

kwest

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At $1100 I cashed out 1% of my holdings to pay for some Xmas gifts. I'll probably do the same now and then whenever I need something I can't buy with BTC.

The only reason that I would ever cash out 100% would be if I stopped believing in Bitcoin as the #1 crypto currency. Even if a competitor showed up that had what it takes to beat Bitcoin, I still wouldn't cash out immediately simply because of the head start Bitcoin has with ATMs, hardware wallets, POS devices, debit cards, retailers etc.

It's simply not an easy beast to kill.

Minecache

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Vave.com - Crypto Casino

I'd hold and go about my normal business.

Johnny Bitcoinseed

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Johnny Bitcoinseed

Sleep, eat, go for walks, read, work on my business....

pand70

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Quote from: Mondy on November 29, 2013, 06:18:22 PM

You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

The exact opposite will happen. If bitcoin hits 10k everyone will understand that bitcoin is unstoppable and they 'll hoard like they never done before.
Although in the long term i don't know if this is good or bad for the ecosystem.

malevolent

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Quote from: Mondy on November 29, 2013, 06:18:22 PM

You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price.

Lauda

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Terminated.

Quote from: Mondy on November 29, 2013, 06:18:22 PM

You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Why would they? I'd cash out mine at ~$30k minimum.

Mondy

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You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Lauda

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Terminated.

Quote from: pand70 on November 29, 2013, 05:49:34 PM

Yes but for how many days that trend holds? You can't do long term predictions with short term data.

Long term prediction 30 days? Cheesy

Topic: What would you do "when" bitcoin hits 10,000......... - page 3. (Read 6405 times)