Will you sell at $10,000? | Bitcointalksearch.org

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

Quote from: bitcoinsrus on April 13, 2014, 03:44:29 PM

Quote from: Bit_Happy on April 13, 2014, 03:42:15 PM

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 ?

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: bitcoinsrus on April 13, 2014, 03:44:29 PM

Quote from: Bit_Happy on April 13, 2014, 03:42:15 PM

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.

TERA

hero member

Activity: 728

Merit: 500

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.

ruletheworld

legendary

Activity: 1386

Merit: 1045

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.

bitcoinsrus

hero member

Activity: 518

Merit: 500

Quote from: Bit_Happy on April 13, 2014, 03:42:15 PM

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

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Will you sell at $10,000?
Yes how many would you like to buy? Cheesy

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

yes, while hungry...

I want a pizza

fsb4000

legendary

Activity: 1400

Merit: 1000

Quote from: kooke on April 13, 2014, 10:14:20 AM

I buy and sell all the time, and will continue to do so as long as it's profitable.

+1

dannyspk

sr. member

Activity: 341

Merit: 250

Quote from: Chris_Sabian on April 13, 2014, 10:23:30 AM

Quote from: BlockchainHelp? on April 13, 2014, 06:44:49 AM

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.

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: BlockchainHelp? on April 13, 2014, 06:44:49 AM

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'

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

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.

kooke

sr. member

Activity: 448

Merit: 250

Bitcoin super-duper-mega-ultra-hyper-node

I buy and sell all the time, and will continue to do so as long as it's profitable.

igorr

sr. member

Activity: 406

Merit: 250

Quote from: cech4204a on April 13, 2014, 09:38:28 AM

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.

cech4204a

sr. member

Activity: 252

Merit: 250

12CDKyxPyL5Rj28ed2yz5czJf3Dr2ZvEYw

i would sell even at 1000$ if i could

igorr

sr. member

Activity: 406

Merit: 250

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

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

IIOII

legendary

Activity: 1153

Merit: 1012

Quote from: aminorex on April 13, 2014, 08:39:43 AM

Quote from: BlockchainHelp? on April 13, 2014, 06:44:49 AM

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.

Chris_Sabian

legendary

Activity: 896

Merit: 1001

Quote from: Rannasha on April 13, 2014, 05:14:12 AM

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.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: Rawted on April 13, 2014, 07:45:43 AM

Quote from: piramida on April 13, 2014, 05:44:42 AM

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

move to another assest

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

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.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Quote from: BlockchainHelp? on April 13, 2014, 06:44:49 AM

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.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

What, and miss out on 99.924% of the upside?
Only if I need to delever for a downtrend.

Rawted

hero member

Activity: 742

Merit: 500

Quote from: piramida on April 13, 2014, 05:44:42 AM

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

move to another assest

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

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.

spiderbrain

legendary

Activity: 889

Merit: 1013

I'll sell about half by that point.

BlockchainHelp?

newbie

Activity: 28

Merit: 1

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...

bananaControl

sr. member

Activity: 322

Merit: 250

Decentralize All The Things!

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

When btc become $10,000 will you finally sell? For me i think 10,000$ I will exit btc and move to another assest

No.

I only put money into bitcoin that I can afford to lose and I have all the time in the world, so for me it is either 0 or at least 100,000 USD Cheesy

Wandererfromthenorth

hero member

Activity: 742

Merit: 500

If I think we are near the top of the bubble I would sell everything, only to rebuy at half the value.

If you mean "sell" in term of "cashing out", and quit this whole bitcoin thing, mmmhh never.

TERA

hero member

Activity: 728

Merit: 500

Quote from: piramida on April 13, 2014, 05:44:42 AM

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

move to another assest

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

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.

He said asset, not cash. I can think of some assets that are reliable and perform much better than the USD:

-Futures/commodities
-Real estate
-Real estate investment trusts
-Blue chip stocks
-Bonds
-Small diversified positions of precious metals
-Guns

You shouldn't have all your eggs in one basket, no matter how bullish you are about the basket. Bitcoin becoming a serious world currency and that is infallible is just a speculation, not a guarantee.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

move to another assest

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

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.

zimmah

legendary

Activity: 1106

Merit: 1005

I will never sell my bitcoin, or at least not all of them.

I might at some point use some of my bitcoins to fund a company startup or something but other than that most of my wealth is stored as bitcoins. Why would I store my wealth in a deflationary fiat currency at the bank when I can store it as deflationary currency in my own home.

raskul

sr. member

Activity: 434

Merit: 250

nah, i'll keep ploughing everything back into mining gear Grin

long live bitcoin

TERA

hero member

Activity: 728

Merit: 500

Preemptively picking a number is bad. I sell whenever TA says a downtrend has started.

sajisama

newbie

Activity: 13

Merit: 0

Quote from: IamComrade on April 13, 2014, 04:38:01 AM

When btc become $10,000 will you finally sell? For me i think 10,000$ I will exit btc and move to another assest

We wont have to, imo....

Rannasha

hero member

Activity: 728

Merit: 500

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.

Mayuyu48

hero member

Activity: 644

Merit: 500

even when BTC hit $3000 i'l sell it Grin

EuroTrash

hero member

Activity: 728

Merit: 500

(if it happens) I'll probably buy sheets... or better, a company that produces them.

podyx

legendary

Activity: 2338

Merit: 1035

might sell about 5-10%

locking in some softpaper, that's all Wink

IamComrade

member

Activity: 66

Merit: 10

When btc become $10,000 will you finally sell? For me i think 10,000$ I will exit btc and move to another assest

Topic: Will you sell at $10,000? (Read 1954 times)