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Topic: Will you sell at $10,000? (Read 1902 times)

full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
April 13, 2014, 05:24:52 PM
#36
Will you sell at $10,000?
Yes how many would you like to buy?  Cheesy

1 satoshi plz  Grin
even though it still seems small even at 10k
1 satoshi = 0.00000001 BTC or $0.0001 @ 10k USD

I'nm noob on crypto but I wonder why '8' decimal on 3-transistor level Huh ... Alt code 236 ?
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 13, 2014, 04:51:59 PM
#35
Will you sell at $10,000?
Yes how many would you like to buy?  Cheesy

1 satoshi plz  Grin
even though it still seems small even at 10k
1 satoshi = 0.00000001 BTC or $0.0001 @ 10k USD

We should have given Satoshi a much bigger unit.


hero member
Activity: 728
Merit: 500
April 13, 2014, 04:51:15 PM
#34
I would imagine that once $10,000 is broken, people would freak out about it and the hype would drive it to at least $12,000.
legendary
Activity: 1386
Merit: 1045
April 13, 2014, 04:46:18 PM
#33
There's no point in coming up with a random number to sell at. It depends on a lot of other factors surrounding Bitcoin and the ecosystem and its adoption and future potential there on.
hero member
Activity: 518
Merit: 500
April 13, 2014, 04:44:29 PM
#32
Will you sell at $10,000?
Yes how many would you like to buy?  Cheesy

1 satoshi plz  Grin
even though it still seems small even at 10k
1 satoshi = 0.00000001 BTC or $0.0001 @ 10k USD
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
April 13, 2014, 04:42:15 PM
#31
Will you sell at $10,000?
Yes how many would you like to buy?  Cheesy
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
April 13, 2014, 04:40:23 PM
#30
yes, while hungry...

I want a pizza Smiley
legendary
Activity: 1400
Merit: 1000
April 13, 2014, 04:39:06 PM
#29
I buy and sell all the time, and will continue to do so as long as it's profitable.
+1
sr. member
Activity: 341
Merit: 250
April 13, 2014, 04:32:34 PM
#28
If Bitcoin becomes 10K then you probably won't need to "cash out", you could just purchase what you want online with Bitcoin unless you want funds for a start up or something...

Another good point.  If bitcoin is that high compared to USD, then you won't need to 'cash out'

It will also indicate that there's something wrong with the USD.
legendary
Activity: 896
Merit: 1001
April 13, 2014, 11:23:30 AM
#27
If Bitcoin becomes 10K then you probably won't need to "cash out", you could just purchase what you want online with Bitcoin unless you want funds for a start up or something...

Another good point.  If bitcoin is that high compared to USD, then you won't need to 'cash out'
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
April 13, 2014, 11:22:46 AM
#26
Aside from the decreasing need to cash out at that price level, if it ever did hit $10,000 then I'd take that as a sign that it was well and truly starting to go places and stay put. It would still be a relative blip on the global financial landscape.
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
April 13, 2014, 11:14:20 AM
#25
I buy and sell all the time, and will continue to do so as long as it's profitable.
sr. member
Activity: 406
Merit: 250
April 13, 2014, 10:51:06 AM
#24
i would sell even at 1000$ if i could

Now many people would sell for $ 500, but the train has passed and it is impossible for all time.
sr. member
Activity: 252
Merit: 250
12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw
April 13, 2014, 10:38:28 AM
#23
i would sell even at 1000$ if i could
sr. member
Activity: 406
Merit: 250
April 13, 2014, 10:37:05 AM
#22
When btc become $10,000 will you finally sell? For me i think 10,000$ I will exit btc and move to another assest

you are joke, bitcoin price go to zero.  Wink
legendary
Activity: 1153
Merit: 1012
April 13, 2014, 09:52:34 AM
#21
If Bitcoin becomes 10K then you probably won't need to "cash out", you could just purchase what you want online with Bitcoin unless you want funds for a start up or something...

Same reasoning applies to the startup operating cash.

Exactly. Apart from that USD or any other fiat currency is not a reliable reference value as such currencies can be inflated without limit. It's more wise to use commodities as reference value.
legendary
Activity: 896
Merit: 1001
April 13, 2014, 09:51:14 AM
#20
It'll depend on what the purchasing power of the $ is at the time. If Bitcoin rises against the $ because of growing adoption, then it might be nice to sell some. If Bitcoin rises against the $ because the $ is (hyper)inflating, then there's little point in selling as the amount of $ you'd get for 1 BTC wouldn't buy you much more that it would if you sold your BTC today.

This is a good point.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
April 13, 2014, 09:45:27 AM
#19
move to another assest

like what, dead people printed on pieces of paper? that sure sounds more stable long-term Smiley

see, when bitcoin reaches five digits it will be the thing that you sell other things for. you don't now say "if USD reaches 0.02btc, I'll sell all my USD and move to another asset", same way you won't consider your bitcoins as something you need to "sell" - they will be your currency.
Bitcoin, while a phenomenal break through, will not end up being the defacto standard of digital payments. Something better and more regulated will come along/get approved and take it's place. Diversity is key.


Bitcoin is more strictly regulated than any other medium of exchange on Earth.  It is also fully capable of adapting to preempt competition, highly motivated to do so, and able to express all manner of diversity without compromising its design principles.  No fiat currency system can ever offer permanent and total immunity to counterparty risk and to seizure, and so will never be able to compete with bitcoin.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
April 13, 2014, 09:39:43 AM
#18
If Bitcoin becomes 10K then you probably won't need to "cash out", you could just purchase what you want online with Bitcoin unless you want funds for a start up or something...

Same reasoning applies to the startup operating cash.
legendary
Activity: 1596
Merit: 1029
Sine secretum non libertas
April 13, 2014, 09:38:41 AM
#17
What, and miss out on 99.924% of the upside?
Only if I need to delever for a downtrend.
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