What you do if bitcoin reach 5000 $?

Gloiri

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Quote from: Blitzboy on May 22, 2016, 10:52:52 PM

Very impossible thoughts but if we are lucky to see this price tommorow i will regret because i have only few bitcoin in my wallet.. but if it will happen on the next year and i have even 5 btc i will be happy and i can start buy house and lot.. and start new business..

Bitcoin is not going to be that high value and that is nice because you need some make profit with Bitcoin but that will takes a long time.
But it wont be that high value soon and it will takes a longer time until it will reach that high value.

Blitzboy

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Very impossible thoughts but if we are lucky to see this price tommorow i will regret because i have only few bitcoin in my wallet.. but if it will happen on the next year and i have even 5 btc i will be happy and i can start buy house and lot.. and start new business..

HousamTibia

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I will kill my self because i have just 0.32 btc Cry

SquallLeonhart

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Quote from: AsaroUk on May 17, 2016, 10:14:12 AM

Quote from: chaosknight on May 13, 2016, 07:48:39 AM

Quote from: bitcoinhopper on May 13, 2016, 03:24:41 AM

Quote from: darewaller on May 11, 2016, 04:05:46 PM

Quote from: Bitcoinbro on May 09, 2016, 06:59:27 AM

Most likely if this will happen I would sell them very fast because I think it also will go down very fast after it has this price.
Selling would let you gain huge profits for sure.

You said that you will sell all of them as you have a fear that the price will go down again, then keep remember a currency go to increase in value only when people adopt it and make it in use and when everyone leave it the value drops down, so if everyone think like you then it will definitely come down, we should have to stay with it so that the value remain at height for longer time.

If it will reach that high value than there will be a lot of people with Bitcoin are selling it and that is logic because they can earn profit with it so that is perfect for the currency and for the people with already Bitcoin.
But the chance is really small that it can reach that high value and we have to be also realistic and it is now rising not that fast.

People will not wait till it reaches to that value, they will sell all their coins if it achieves $1k+ price, as that is also a very high price for majority of us.

The most people will sell it of course with that high value and some people will even become rich so that is perfect but we have to be realistic also.
And as you can see now you see already that it is stable and that it will rise soon.

Yeah price is on rising stage now, and it will rise in future too as we are expecting halving in next few months so you should wait and sell if you are satisfied with the price.

AsaroUk

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Quote from: chaosknight on May 13, 2016, 07:48:39 AM

Quote from: bitcoinhopper on May 13, 2016, 03:24:41 AM

Quote from: darewaller on May 11, 2016, 04:05:46 PM

Quote from: Bitcoinbro on May 09, 2016, 06:59:27 AM

Most likely if this will happen I would sell them very fast because I think it also will go down very fast after it has this price.
Selling would let you gain huge profits for sure.

You said that you will sell all of them as you have a fear that the price will go down again, then keep remember a currency go to increase in value only when people adopt it and make it in use and when everyone leave it the value drops down, so if everyone think like you then it will definitely come down, we should have to stay with it so that the value remain at height for longer time.

If it will reach that high value than there will be a lot of people with Bitcoin are selling it and that is logic because they can earn profit with it so that is perfect for the currency and for the people with already Bitcoin.
But the chance is really small that it can reach that high value and we have to be also realistic and it is now rising not that fast.

People will not wait till it reaches to that value, they will sell all their coins if it achieves $1k+ price, as that is also a very high price for majority of us.

The most people will sell it of course with that high value and some people will even become rich so that is perfect but we have to be realistic also.
And as you can see now you see already that it is stable and that it will rise soon.

tabas

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Quote from: shield132 on May 17, 2016, 07:38:02 AM

It is a simple answer Cheesy

I will sell my bitcoins, but I will leave 1 BTC in my wallet

And yeah, that is the most simplest way of giving an answer sell a portion of your bitcoin but you still need to remain some of it.
For future purposes and other things that you can do with your remaining btc.

shield132

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It is a simple answer Cheesy

I will sell my bitcoins, but I will leave 1 BTC in my wallet

tabas

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Quote from: salmanahmedone on May 17, 2016, 07:02:02 AM

Quote from: tabas on May 16, 2016, 05:31:19 AM

Quote from: Kamal Zenda on May 16, 2016, 02:32:45 AM

i will sell the half, and wait to reach 1000000 $ to sell all

Well I think that is a good decision that you will sell half, but it will take a long time for that thing you want to happen.
And that will be a long investment term but still everything can happen with bitcoin.

Actually bitcoin price is now $471 something when suddenly the price will come $5000 in this time, than should sell the bitcoins now, it is a big profit.
Don't think that save the bitcoins for long term investment. it is already a big profit.
In my view,this price will come after 5 years, so it is useless to hold your bitcoins for long time.

Yeah! If that happens we will all become rich and the more you have bitcoins the better and big profit you will have.
So the range for holding a bitcoin is from 1 month - 5 years?
Is that right?

salmanahmedone

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Quote from: tabas on May 16, 2016, 05:31:19 AM

Quote from: Kamal Zenda on May 16, 2016, 02:32:45 AM

i will sell the half, and wait to reach 1000000 $ to sell all

Well I think that is a good decision that you will sell half, but it will take a long time for that thing you want to happen.
And that will be a long investment term but still everything can happen with bitcoin.

Actually bitcoin price is now $471 something when suddenly the price will come $5000 in this time, than should sell the bitcoins now, it is a big profit.
Don't think that save the bitcoins for long term investment. it is already a big profit.
In my view,this price will come after 5 years, so it is useless to hold your bitcoins for long time.

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Quote from: BitsandBites on May 16, 2016, 07:26:17 AM

Quote from: tabas on May 16, 2016, 05:31:19 AM

Quote from: Kamal Zenda on May 16, 2016, 02:32:45 AM

i will sell the half, and wait to reach 1000000 $ to sell all

Well I think that is a good decision that you will sell half, but it will take a long time for that thing you want to happen.
And that will be a long investment term but still everything can happen with bitcoin.

Bitcoin's price is volatile but not this volatile. At most we will see 600 this year from were the price will come slowly down to find balance near 500 dollar.

Sure we all hope for the max. But that's just dreaming out loud.

And dreams should be realistic as that price will take long year to achieve, I don't see anything higher then $600 in this year, and that also if everything goes fine at halving.

immangrace

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At $5000 I think transaction fees should go down to 1/10th of what is now considered a fair fee, which is I believe is about 20 satoshi/byte.

BitsandBites

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Quote from: tabas on May 16, 2016, 05:31:19 AM

Quote from: Kamal Zenda on May 16, 2016, 02:32:45 AM

i will sell the half, and wait to reach 1000000 $ to sell all

Well I think that is a good decision that you will sell half, but it will take a long time for that thing you want to happen.
And that will be a long investment term but still everything can happen with bitcoin.

Bitcoin's price is volatile but not this volatile. At most we will see 600 this year from were the price will come slowly down to find balance near 500 dollar.

Sure we all hope for the max. But that's just dreaming out loud.

tabas

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Quote from: Kamal Zenda on May 16, 2016, 02:32:45 AM

i will sell the half, and wait to reach 1000000 $ to sell all

Well I think that is a good decision that you will sell half, but it will take a long time for that thing you want to happen.
And that will be a long investment term but still everything can happen with bitcoin.

jerelimZ

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Quote from: 1Referee on May 14, 2016, 03:59:46 AM

Quote from: salmanahmedone on May 14, 2016, 03:34:50 AM

Quote from: Halliche on May 08, 2016, 09:33:23 PM

I will sell all my btc (45 btc to 225000$) Grin

I wish the day will come,i will sell my all bitcoins.
But it is only when profitable if in this time bitcoin will reach at $5000, than we get profit. otherwise after 10 years, may be bitcoin will reach above $5000, so it will be a normal for us. because in that time, currency value will be count.

You will sell all your coins? Whatever price there is in the futute, I will never sell all my coins. I will always have some coins aside for when the price goes even higher. I see it as some sort of retirement bonus.

That is the right thing do, never sell all your coins, keep some safe for future as we never know what will be the price in future, and if it goes higher then we can earn good profits.

Kamal Zenda

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i will sell the half, and wait to reach 1000000 $ to sell all

1Referee

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Quote from: salmanahmedone on May 14, 2016, 03:34:50 AM

Quote from: Halliche on May 08, 2016, 09:33:23 PM

I will sell all my btc (45 btc to 225000$) Grin

I wish the day will come,i will sell my all bitcoins.
But it is only when profitable if in this time bitcoin will reach at $5000, than we get profit. otherwise after 10 years, may be bitcoin will reach above $5000, so it will be a normal for us. because in that time, currency value will be count.

You will sell all your coins? Whatever price there is in the futute, I will never sell all my coins. I will always have some coins aside for when the price goes even higher. I see it as some sort of retirement bonus.

salmanahmedone

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Quote from: Halliche on May 08, 2016, 09:33:23 PM

I will sell all my btc (45 btc to 225000$) Grin

I wish the day will come,i will sell my all bitcoins.
But it is only when profitable if in this time bitcoin will reach at $5000, than we get profit. otherwise after 10 years, may be bitcoin will reach above $5000, so it will be a normal for us. because in that time, currency value will be count.

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Quote from: eddyubachs on May 13, 2016, 09:43:15 AM

Quote from: safari88 on May 13, 2016, 09:24:59 AM

of course will sell all my bitcoin. This is a rare opportunity, because I believe the very high prices will not last long.

Yes majority of us will prefer to sell bitcoin and make huge profit out of it, the only fact is no one knows when bitcoin will achieve that high value.

That's right, We all hope if bitcoin reaches this $5000 high value. If that happens all your dreams can become true. You can now have
a cruise if that happens and you can use to pay for the cruise line company.

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Quote from: eddyubachs on May 13, 2016, 09:43:15 AM

Quote from: safari88 on May 13, 2016, 09:24:59 AM

of course will sell all my bitcoin. This is a rare opportunity, because I believe the very high prices will not last long.

Yes majority of us will prefer to sell bitcoin and make huge profit out of it, the only fact is no one knows when bitcoin will achieve that high value.

yes you are right, in fact there will be no one knows when it is achieved, because I think bitcoin will never go away, even to the $5k, it was just a dream and it is difficult to achieve, and many factors as well that make bitcoin difficult to achieve a very high price above $5k

eddyubachs

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Quote from: safari88 on May 13, 2016, 09:24:59 AM

of course will sell all my bitcoin. This is a rare opportunity, because I believe the very high prices will not last long.

Yes majority of us will prefer to sell bitcoin and make huge profit out of it, the only fact is no one knows when bitcoin will achieve that high value.

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