I will never sell all my bitcoins, but when the price is quite high, why not. Inmost cases the price will go back again which gives me an oppertunity to buy some cheap coins again.
Topic: Why You Should Never Sell Your Bitcoins Ever - page 153. (Read 270173 times)
I've bought my humble share at $230 so I really don't like to buy more unless it drops below $300. I prefer to earn it organically and reach my first Bitcoin soon. After that I think I'll aim for a nice number like 2.1 BTC (not 21 BTC, that's just too much for me hehe).
However I don't think I'll eve sell it unless it really goes to the moon (more than 10k, more than 100k? one can only dream!). Cashing out at $1000 like many of you plan to do won't achieve much in my opinion unless you have a huge amount.
However I don't think I'll eve sell it unless it really goes to the moon (more than 10k, more than 100k? one can only dream!). Cashing out at $1000 like many of you plan to do won't achieve much in my opinion unless you have a huge amount.
Today was good to sell bitcoin so I don't know why you never sell it.
You can earn money and buy bitcoin again. For me holding is a good choice so I don't have that much of bitcoin so I prefer collecting more.
You can earn money and buy bitcoin again. For me holding is a good choice so I don't have that much of bitcoin so I prefer collecting more.
Currently, bitcoin is more of an asset than a currency. You can't use it in many places. If you keep bitcoin, you only hold it's value. You're not holding official money. Sell high, wait, Buy low. That's how you profit. If you never sell your bitcoin, sure, the prices will go astronomically high, but at some time, it's going to start dropping. Fast. Just like the $1200 to $200 drop. Only on a bigger magnitude.
"If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness"
this is make sense,but not mean bitcoin will easy and have short time to go to that price,its hard to believe for some people,so with me.
this is make sense,but not mean bitcoin will easy and have short time to go to that price,its hard to believe for some people,so with me.
at 10k per coin, i would still not call for adoption, it's only 25x what we have now, which mean a marketcap of 150B or around that
not enough for adoption, we need 1T and this can only occur with 60k per bitcoin or more, very far away if you ask me
this does not mean that we should wait that time for selling though
Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.
The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??
If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?
The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??
If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?
Well. People like me like to live in the moment, so I would definitely sell my Bitcoin when the price is very high. I don't really sell my Bitcoin, I just spend it when I want to.
You should never sell your bitcoins now, you'll regret it soon when the price reach $1000. 
I am also waiting for the price reached $1000, but if I already get profit I will sell it. for $1,000 may still long.
Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.
The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??
If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?
The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??
If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?
Well. People like me like to live in the moment, so I would definitely sell my Bitcoin when the price is very high. I don't really sell my Bitcoin, I just spend it when I want to.
You should never sell your bitcoins now, you'll regret it soon when the price reach $1000.
You should actually sell your bitcoin to keep the ball rolling. Bitcoin wouldn't have any value as well if it weren't for the fiat money. In fact the reason why bitcoin is somehow accepted by some merchants is because of its value to which these merchants can exchange these coins into fiat. If you aren't using you bitcoin to buy stuff of exchange it to fiat then you won't be helping its economy to run.
i have to buy and hold some bitcoin when the price of $400, and i will sell when $1000. although I know it's old, but I believe in 2016 we would touch $1000 
nice prediction for 2016
now bitcoin price $450 and my bitcoin sold at $410 and im very sad >_<
i hope i can earning more and hold it for future
I just follow my feelings and I hope that my feeling is true that we would go back to touch $1000 in 2016.
I do not know whether the current price rises because news about the issue Satoshi Nakamoto or other.
"If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness"
this is make sense,but not mean bitcoin will easy and have short time to go to that price,its hard to believe for some people,so with me.
this is make sense,but not mean bitcoin will easy and have short time to go to that price,its hard to believe for some people,so with me.
feel your pain scream sold one at 400$ after holding for a bit.
I didnt want to muss a chance for a profit just in case it goes
back under $400 again. But now its almost 450! dam it lol
I didnt want to muss a chance for a profit just in case it goes
back under $400 again. But now its almost 450! dam it lol
i have to buy and hold some bitcoin when the price of $400, and i will sell when $1000. although I know it's old, but I believe in 2016 we would touch $1000
nice prediction for 2016
now bitcoin price $450 and my bitcoin sold at $410 and im very sad >_<
i hope i can earning more and hold it for future
i have to buy and hold some bitcoin when the price of $400, and i will sell when $1000. although I know it's old, but I believe in 2016 we would touch $1000
As regards the OP, I don't believe it's true that if btc rises to $10,000 the dollar is necessarily hyperinflated. That may very well happen, but it's certainly possible that speculators could drive the price up that high whilst the dollar remains where it is. If it shot that high, I'm not sure I'd go on a shopping spree. I'm of the Jesse Livermore school of let-your-winners-ride. Bitcoin is such a strange bird.
The problem with buying from Tiger Direct with bitcoin is that it voids returns.
now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies
Is $1000 a long term goal?
As per the OP, you never will be needed to sell your bitcoins. Instead of selling, you will find many spending offers for your bitcoins like one satoshis equivalent to one dollar.
Do not ask me when it will happen.
It's in our hand. It will happen in very near future if you will not sell your coins, it will happen in 2016 itself also.
Yes I believe this will happen as well. That's why I'm just collecting satoshi as much as I can, which I know sounds crazy since you don't get that much out of faucets.
But one day it will be worth it.
now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies
But if it can achieve 1k, what makes you think that it won't achieve 10k or above?but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies
OP is right, you all fuckers can sell your coins at 1k or whatever price. I'll keep holding, because I know the real value. If you dump, that would mean I could have more cheap coins.
Well if I was you just invest some of your bitcoin and the other just hold it.
Is not bad to spend some bitcoins you know.
Is not bad to spend some bitcoins you know.
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