When will you sell? | Bitcointalksearch.org

keithers

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Quote from: dadaas on August 13, 2014, 06:16:14 PM

I am not spending or selling while Bitcoin is going down. I'll just sit and wait to see Bitcoin raise and then I will enjoy my patience

If you are buying goods or services with BTC it is not necessarily a bad idea to spend while BTC is falling, because logically you can replace that same amount of BTC for a cheaper price.

I guess it would be Spend high, buy lower...

puwaha

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Quote from: dadaas on August 08, 2014, 09:00:42 AM

Why does everybody think that BTC will reach 10k$ in next big raise?

Agreed. Why is everyone so bullish on bitcoin value compared to fiat rising?

Unless I'm missing something, there are only two factors that can go into value... how scarce something is, and how much fiat is pumped into it. Over time, fewer coins will be mined so their value will increase, but this is a long tail. People converting their fiat to bitcoin will make the value go up as well... but this seems to be more of a money market than anything else. Discrepancies in value in a money market come about due to perceived value and volume of trading.

tspacepilot

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Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

Well, they'll just get old and dusty if you don't take them out and clean them and lick them and love them sometimes. J/K

But seriously, if you never spend them then you never really are using them for anything, right? What's the point?

dadaas

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I am not spending or selling while Bitcoin is going down. I'll just sit and wait to see Bitcoin raise and then I will enjoy my patience

Ayers

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Quote from: Mobius on August 10, 2014, 05:52:10 PM

Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

I don't understand why people say that they will "never" sell their coins. What is the point of buying them in the first place? Wouldn't this more or less mean that the money you spent on buying your coins pretty much goes down the drain if you are never going to spend/sell them?

they want to reach the point where bitcoin become mainstream, and you buy things directly with it(anything)

keithers

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This is the land of wolves now & you're not a wolf

Looks like a decent number of people have decided to sell today. I am still not selling any. I actually won't sell any. I would spend some though. I guess it is a good time to spend BTC when prices are falling because you get more bang for your buck...

RodeoX

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The revolution will be monetized!

I do not sell bitcoins. I spend them. When? All the time.

kireinaha

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This thread gives me the same vibes as reading threads from 2010 when people had hundreds or thousands of coins and probably didn't expect them to hit more than $1 each in their wildest dreams. It's the product of a bygone era.

Not long ago, everyone and their mom thought that $10,000 bitcoin was a lock. These people already went "all in" and then just waited here for it to happen... but clearly the rest of the world failed to follow their lead. These uber-bullish threads from 2014 will read like a comedy gold mine in a couple years.

gondel

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Quote from: bitkilo on August 06, 2014, 09:42:02 PM

I read a lot of posts here about people hoping the price will hit $10000 or whatever and it got me thinking what is everybodys price that they will start to sell some of their coins.
How much would Btc have to be before you start selling?

I am not selling my BTC, just when the price is low I dont use it for buying things. I hate this thing in BTC sometimes when I liked something today and if I think a little to buy it price is already different and this sometimes making me not spend my BTC.
BR
Gondel

vuduchyld

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Just to re-frame this question a little bit since the bullish sentiment seems to be waning...

...at what price to you decide that you can't risk hodling any more and sell to get SOME of your fiat back? $500? $400? $300? Lower?

For me, I'd ride it down close to zero, but my investment is a pretty small part of my portfolio.

lucaspm98

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Really I don't think I will ever sell them. I'll spend them, I already do, but I doubt I will ever sell them for fiat.

scribbles

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Quote from: Mobius on August 10, 2014, 05:52:10 PM

Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

I don't understand why people say that they will "never" sell their coins. What is the point of buying them in the first place? Wouldn't this more or less mean that the money you spent on buying your coins pretty much goes down the drain if you are never going to spend/sell them?

I can only speak for myself, but I will never sell my coin. And you kind of answered your own question by adding something that the OP did not say: the word spend. I won't sell my coin for fiat, but I WILL spend it one day.

Mobius

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Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

I don't understand why people say that they will "never" sell their coins. What is the point of buying them in the first place? Wouldn't this more or less mean that the money you spent on buying your coins pretty much goes down the drain if you are never going to spend/sell them?

fallinglantern

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Quote from: thew3apon on August 09, 2014, 10:16:07 PM

Hopefully you secure your wallet good enough.... Cold Storage?

Level 4 cold storage -- throw away the private keys. Those coins are NEVER moving! Grin

thew3apon

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Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

Hopefully you secure your wallet good enough.... Cold Storage?

dadaas

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Quote from: btcpokerface on August 09, 2014, 10:29:40 AM

Never! I'll hold them forever and no one could force me to sell my coins Cheesy

Great, and how will you then use Bitcoins? Will you spend them on stuff?

btcpokerface

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Never! I'll hold them forever and no one could force me to sell my coins Cheesy

chanz

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Probably near $1045 or maybe more but not less than 1k that's for sure.

zymafluo

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I will sell when the value will be at 3000$ and then I'll wait for the big pop.

BowieMan

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Quote from: bitkilo on August 06, 2014, 09:42:02 PM

I read a lot of posts here about people hoping the price will hit $10000 or whatever and it got me thinking what is everybodys price that they will start to sell some of their coins.
How much would Btc have to be before you start selling?

I think I'll sell when the bubble is about to pop - I guess basically everyone will try to do that, but I will succeed, harhar. And then also gradually when the price is going up. If you never sell, you actually never profit!

Topic: When will you sell? (Read 3808 times)