There were actually people who buy a BTC and then sell it cheaply. They are the people who are lacking of patience and are also nervous. They think the price will dump more if they won't act quick. I don't think Black Rock is the only one that can set the price of BTC.
And I don't think that $100k first came from them. It was only the assumption of the public. Many even thinks it is high enough for BTC and it will be hard for it to achieve. So if let say it happens for real, will you still think twice if you will sell? Well go ahead and you might regret your decision, as the price can dump hard because many people are also waiting for it before they sell and it could take a long time again for BTC to recover.
Topic: Will you sell your bitcoin to blackrock? - page 3. (Read 655 times)
The case with a house is different from the case with Bitcoin because a house is a place where you can actually reside. So if I lived in that house and someone offered me to sell it, I probably would not because a house holds sentimental value, and buying a different one, relocating and all that can prove difficult. If it's a house that's there solely as an investment, I'd be totally fine selling.
With Bitcoin, it's very unlikely that someone approaches you and asks to buy your BTC, at a price higher than the market average. If someone does that, I'd suspect a scam. If we're talking about selling on an exchange at an average price (but higher than the invested amount), then there's no practical way of knowing who's getting that money and for which purposes. I don't have anything against BlackRock, and I'd just follow my personal strategy that I always follow with Bitcoin: sell when you need to or can benefit directly from it (by buying something cool), hold in other situations. To me, it's more about the circumstances than the price.
With Bitcoin, it's very unlikely that someone approaches you and asks to buy your BTC, at a price higher than the market average. If someone does that, I'd suspect a scam. If we're talking about selling on an exchange at an average price (but higher than the invested amount), then there's no practical way of knowing who's getting that money and for which purposes. I don't have anything against BlackRock, and I'd just follow my personal strategy that I always follow with Bitcoin: sell when you need to or can benefit directly from it (by buying something cool), hold in other situations. To me, it's more about the circumstances than the price.
Guess I wasn't clear enough. What I meant by a million was not that at the current price of $40k they offer you and only you $100k, but that you'll see a race to buy out available supply at some point that will cause an enormous price surge. You'll suddenly face a $10k growth every single day. You'll go to bed at $80k, wake up and it's at 90, next day it's $100k, the next day $110k and so on.
When that time comes you can suspect that these are institutions buying. I made it simple and called "them" black rock, but it may be ProShares, Bitwise, or even JP Morgan. Will you sell your bitcoin when faced with a supply squeeze of bitcoin, knowing that if they're willing to pay you 2x or 3x the price from last week, they must know something that you don't. When it happens, it's possible you'll never see a $100k bitcoin again and the next stop is $1m.
It depends on the country and whether you have mineral rights (in the US).
Even if you don't, the government will have to buy or lease your land. Not owning mineral rights doesn't mean they can take your land and kick you out.
That's the thing, when that happens you most likely won't be able to sell for $100k and buy it back later. The question is how much you'll settle for.
I had the same thoughts come to my mind, which is why I asked the question, but many people thought I was talking about going against the market, or that I thought a company is going to ignore the rules of the market. I did not mean anything like that.
I simply thought that if someone knocked at my door today and gave me $1m for my house, I wouldn't sell, despite it being worth much less than that (but that's subjective as the market conditions tend to change) and I related the situation to bitcoin.
That's the spirit! I love it. Saylor would be proud.
Here's a problem: you don't know if you'll ever be able to buy it back cheaper, but for the sake of the conversation let's say you won't.
Last month it was $90k, now it's $100k, next month it may be 110k, or it can be 101k, but it's not going back.
Do you get rid of it?
They aren't going to give you a special offer. They're going to give that offer to the market.
If someone were to put $100m on the market today, you'd see us push above $40k, but imagine a situation where it's 100 billion. FYI BlackRock alone manages 9 trillion dollars of assets.
It's really possible and even likely that in the near future we'll see bitcoin's market cap grow from the current 777 billion to 1 trillion.
If your car is a Toyota Corolla that a million other people have and which they're making (probably) a thousand every day, you'll have a hard time with that. If you're selling a limited edition car that's not being made anymore and there's a collector buying out every single one of them, you might be on the right track.
When you ask a million when everyone else sells for 100k you won't achieve anything, but I'm talking about a situation where the market price is there because all the coins that people were selling for $900k are long gone. I'm talking about a situation where they offer you unlimited fiat money for your limited property.
In your case it's no regrets, I got what I came here for, life goes on. I'm ok with that, but wanted to know how many people will settle for /example/ x5 profit when they could be getting that x5 each year for the next 10 years
When that time comes you can suspect that these are institutions buying. I made it simple and called "them" black rock, but it may be ProShares, Bitwise, or even JP Morgan. Will you sell your bitcoin when faced with a supply squeeze of bitcoin, knowing that if they're willing to pay you 2x or 3x the price from last week, they must know something that you don't. When it happens, it's possible you'll never see a $100k bitcoin again and the next stop is $1m.
OP, your question and example are not great.
Afaik in most countries oil or other resources from under your property actually belong to the state, not to you.
Afaik in most countries oil or other resources from under your property actually belong to the state, not to you.
It depends on the country and whether you have mineral rights (in the US).
Even if you don't, the government will have to buy or lease your land. Not owning mineral rights doesn't mean they can take your land and kick you out.
If I sell at the price of $100k/or$1 million to them can I still buy another one with that $100k/or$1 million ? If yes then I will sell to them and immediately buy another. But if No then won't sell because surely nobody buys any thing to loss it always for profit reasons hence for that same reason wouldn't sell.
That's the thing, when that happens you most likely won't be able to sell for $100k and buy it back later. The question is how much you'll settle for.
If it were me, I would refuse to sell this property right now, even though they offered a very high price compared to its real value.
Firstly, I don't want to sell this property right now because I am living comfortably and satisfied with it. I love my house, I like the neighborhood, and I have no plans to move anywhere.
Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.
Third, I don't want to be forced to sell my property. If I agreed to sell for $2 million, I would feel like I was being ripped off. I would not feel comfortable knowing that I could have sold my property for a much higher price.
Of course, I may still consider selling this property in the future, but only if I have enough information and am sure that it is the right decision. If I still do not want to sell after learning more about the offer, I will decline.
Firstly, I don't want to sell this property right now because I am living comfortably and satisfied with it. I love my house, I like the neighborhood, and I have no plans to move anywhere.
Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.
Third, I don't want to be forced to sell my property. If I agreed to sell for $2 million, I would feel like I was being ripped off. I would not feel comfortable knowing that I could have sold my property for a much higher price.
Of course, I may still consider selling this property in the future, but only if I have enough information and am sure that it is the right decision. If I still do not want to sell after learning more about the offer, I will decline.
I had the same thoughts come to my mind, which is why I asked the question, but many people thought I was talking about going against the market, or that I thought a company is going to ignore the rules of the market. I did not mean anything like that.
I simply thought that if someone knocked at my door today and gave me $1m for my house, I wouldn't sell, despite it being worth much less than that (but that's subjective as the market conditions tend to change) and I related the situation to bitcoin.
I ain't selling them shit. Not my house, not my car, not my cat and definitely not my crypto. They can have this " " if they like. Nothing. I may sell my assets to somebody when the time is right but I decide that, no them. When they come up with a number for your asset, it already means they are going to rip you off. Like you said, it means the asset is worth way more than the price they offer. If you were going to sell this asset anyway, then raise the price and don't let it go cheap. If they don't buy, that's their decision. Tell them to gfy.
That's the spirit! I love it. Saylor would be proud.
With current market conditions? I'll be realistic, I would sell it if I could possibly buy it back somewhere else. 
I think this will also be done by average holders without thinking hard.
OP's question actually also tests how greedy the answers will be.
I think this will also be done by average holders without thinking hard.OP's question actually also tests how greedy the answers will be.
Relate same to bitcoin. If BlackRock wants to buy my bitcoin at $100k, I will only sell if there is a means to rebuy bitcoin whenever I want, otherwise I am not selling.
Here's a problem: you don't know if you'll ever be able to buy it back cheaper, but for the sake of the conversation let's say you won't.
Last month it was $90k, now it's $100k, next month it may be 110k, or it can be 101k, but it's not going back.
Do you get rid of it?
If someone is sane enough to buy my bitcoins at a price higher than the market price, I will sell immediately, if blackrock buys my bitcoins for 100k dollars right now I will sell without thinking, LOL.
They aren't going to give you a special offer. They're going to give that offer to the market.
If someone were to put $100m on the market today, you'd see us push above $40k, but imagine a situation where it's 100 billion. FYI BlackRock alone manages 9 trillion dollars of assets.
It's really possible and even likely that in the near future we'll see bitcoin's market cap grow from the current 777 billion to 1 trillion.
I could say my car will be worth 2 millions in 2200, but if my neighbor sales the same model with same mileage for $15000 that's what is worth now.
If your car is a Toyota Corolla that a million other people have and which they're making (probably) a thousand every day, you'll have a hard time with that. If you're selling a limited edition car that's not being made anymore and there's a collector buying out every single one of them, you might be on the right track.
When you ask a million when everyone else sells for 100k you won't achieve anything, but I'm talking about a situation where the market price is there because all the coins that people were selling for $900k are long gone. I'm talking about a situation where they offer you unlimited fiat money for your limited property.
Everyone have goals...and I have goals too, and if my goals can be achieved by selling my BTC to BlackRock, why not?
In your case it's no regrets, I got what I came here for, life goes on. I'm ok with that, but wanted to know how many people will settle for /example/ x5 profit when they could be getting that x5 each year for the next 10 years
You have a dichotomy in the context, in any case it does not matter what or who, there is always a decision involved that depends on your knowledge and analysis, I think you were looking to find the idea (context, op) of what to sell bitcoin in certain Situations may be disadvantageous or seek to deceive you.
If the bitcoin reaches a certain value, whatever it may be, the weighting of the sale is more important than where, with whom the sale is made, the decision to sell (or buy) should always have a prior analysis, with that I want to say that as long as that prevails, it is the way to proceed.
If the bitcoin reaches a certain value, whatever it may be, the weighting of the sale is more important than where, with whom the sale is made, the decision to sell (or buy) should always have a prior analysis, with that I want to say that as long as that prevails, it is the way to proceed.
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
Everyone have goals...and I have goals too, and if my goals can be achieved by selling my BTC to BlackRock, why not? There is a possibility that they will make a larger profit, but what's the point if my goal and BlackRock's are different. We just need to act as ourselves and not be envious of others' income or achievements. Focusing on envy toward others' achievements will only waste our time and our energy... it's better to focus on our goals and our life. If there's an opportunity to achieve our goals, I prefer not to miss that chance.Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
What if BlackRock resells it at a higher price? Well, so be it... the decision has already been made, and I shouldn't regret it. At least I'm not one of those who suffered a loss by selling BTC at a lower price.
Even though the examples given aren't exactly similar, I think it is a good explanation. If I were to comment within the scope of the example and comparison in question;
If someone wants to buy my house for a price four times its current value, I tell him/her that I will get back to him/her after evaluating his/her offer. The reason for this is that I need time to do research to find out the reason for this offered amount and to find the new house I will buy for myself after accepting a possible offer. Yes, the new house I will buy...
The most important factor to consider here is how easy it will be to obtain the product sold again. Since there are hundreds or even thousands of houses for sale in today's conditions, I think it is necessary to consider all conditions.
A similar situation doesn't apply to Bitcoin because the supply of Bitcoin is limited and the price increases as demand increases. That is, if a person or institution buys everyone's Bitcoins at a price four times their current value and if no one sells Bitcoins at a lower price than the price I sell, there will be a high probability that I will not accept the sales offer because I will not be able to own Bitcoin again cheaper than my selling price. Additionally, as someone who makes my Bitcoin investments in line with certain price targets I will definitely not accept the sale if the offered price is below this target.
In summary, I wanted to express my opinion by giving small information about both scenarios. I hope that you will understand that both scenarios are actually different things and should be interpreted on their own.
If someone wants to buy my house for a price four times its current value, I tell him/her that I will get back to him/her after evaluating his/her offer. The reason for this is that I need time to do research to find out the reason for this offered amount and to find the new house I will buy for myself after accepting a possible offer. Yes, the new house I will buy...
The most important factor to consider here is how easy it will be to obtain the product sold again. Since there are hundreds or even thousands of houses for sale in today's conditions, I think it is necessary to consider all conditions.A similar situation doesn't apply to Bitcoin because the supply of Bitcoin is limited and the price increases as demand increases. That is, if a person or institution buys everyone's Bitcoins at a price four times their current value and if no one sells Bitcoins at a lower price than the price I sell, there will be a high probability that I will not accept the sales offer because I will not be able to own Bitcoin again cheaper than my selling price. Additionally, as someone who makes my Bitcoin investments in line with certain price targets I will definitely not accept the sale if the offered price is below this target.
In summary, I wanted to express my opinion by giving small information about both scenarios. I hope that you will understand that both scenarios are actually different things and should be interpreted on their own.
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
are you watching too much dramas? well anyway i don’t care i’m gonna take the $2m because i need it now and whatever they plan on building on my land, it’s none of my business anymore
Quote
so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
what are you talking about no one “offers” bitcoin for another price whatever is its price right now
that is all you can buy or sell it for
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
It's normal to wonder why they want to buy your property with 4x of your selling, even though property is a kind of investment, you can't immediately sell it at a very high price. But because they offered it for you, I will going to sell it because I can buy new property with only $500k price. However, we can't compare Bitcoin to a house or a piece of land because Bitcoin is different. If ever you have Bitcoin and there's some offer you $100k price even though the current price is $50k, the current price of Bitcoin will not turn to $100k. The price of Bitcoin will depend of the circulating supply and the market cap. I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
why not? by selling the bitcoins i hold at the high price they offer, i might be able to open up many opportunities that might give me more money. isn't this the purpose of investing, right? to make a profit from the assets you hold and when an opportunity like this comes knocking on my door why should i refuse it. and i think if you ask other bitcoin holders maybe they will also have the same thoughts as me.
true, but every investor has a target selling price that they expect. when the target is reached it probably won't take long to sell it straight away. Being an investor is what you are looking for, it's just that investors' expectations are always different because they have their own research that they trust. I also do the same thing 
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
A question I've been thinking about for a long time since Blackrock decided to dive into Bitcoin. If I sell it maybe in the next year the price will be more expensive but if I don't sell it I need money to meet my needs. When faced with a choice situation I would be in a dilemma to be honest but wouldn't the price of Bitcoin drop again The investment cycle is always changing although it cannot be denied that the supply of Bitcoin is a reference to how the scarcer it is the more expensive it is. On the other hand we realize that we are not investors who have income from all sides so this opportunity will not come twice. We will really feel it when 100k or 1 million is in sight. Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
Selling my coin will depend on my target for my investment. If any buyer offers to me up to the amount I have budgeted to sell my coin, I will sell it and make a profit. It will also depend on the individual's financial strength. Some people have so much money that they can keep their Bitcoin for a long time because they don't really need the money. Others need to sell to solve some pressing financial issues. Some need to sell their coins to pay debt, buy or build a house, pay education fees, etc. Such people will not hesitate to sell their coins immediately after they find a good selling price. In most cases, sellers don't care about what the buyer wants to do with the product. Is there any other reason for BlackRock investing in Bitcoin apart from making a profit like other investors? Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
If someone is sane enough to buy my bitcoins at a price higher than the market price, I will sell immediately, if blackrock buys my bitcoins for 100k dollars right now I will sell without thinking, LOL. But how can that happen when they can buy it cheaper in the market? this will never happen because they are not that stupid.
Bitcoin is scarce but it is not so scarce that it is difficult to buy like you are saying. Furthermore, we are investing in bitcoin and what benefit will it bring us if we don't sell it? I will sell when the price reaches my target, and wait to buy back when the price drops, I will not foolishly hold bitcoin until death.
Bitcoin is scarce but it is not so scarce that it is difficult to buy like you are saying. Furthermore, we are investing in bitcoin and what benefit will it bring us if we don't sell it? I will sell when the price reaches my target, and wait to buy back when the price drops, I will not foolishly hold bitcoin until death.
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
In this case involving bitcoin, the buyer is aware that there are other places to purchase bitcoin, but he is in particular need of the one I am holding. In that situation, I must consider carefully, if the money he wants to use to purchase the bitcoin with me is not illegal, he will be able to purchase it elsewhere on any exchange, and I will undoubtedly have suspicions about the buyer. Regarding the land that the buyer feels is essential and is willing to pay twice the land's value, I will sell it since I don't know when I will have another opportunity like this one with such a large profit. I can still use the remaining money to buy more land if I sell the land and spend half of the proceeds on something significant.
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
Your analogy has a huge flaw. Bitcoin is fungible, houses are not. Like you pointed out, there can be reasons why a house could be worth many times more than the house next door. But bitcoins are worth the same as any other bitcoin, if you ignore that ordinals nonsense.
There is no way anyone will offer to buy coins for higher than the market prices. They will just go on the market and buy as much as they want there.
I'm wondering why isn't anyone using logic before coming with such crazy ideas!
Blackrock is not after satoshi number 349873311 and satoshi 28362731 they will buy from the guy that offers the best price, as long as the owners of 20999998 bitcoins will offer a price better than your coin Black rock will not give you one penny extra.
Who cares about estimate value here?
I could say my car will be worth 2 millions in 2200, but if my neighbor sales the same model with same mileage for $15000 that's what is worth now.
If it were me, I would refuse to sell this property right now, even though they offered a very high price compared to its real value.
~
Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.
~
Second, I doubt the buyer knows anything that I don't. Maybe there's a valuable natural resource lying under my land, or maybe a company plans to build a facility nearby and needs my land. If I were to sell this property, I would probably be Hatred after learning the real reason behind the buyer's offer.
And the moment you end up with a megamall or a 300m tall tower right next to you with traffic that you cant even get out of your garage, noise from 6AM to 22PM and because of the new position nobody interested in your property and see it dwindle to 10% of the value and impossible to live in you're going to kick yourself in the balls forever!
I know a guy that didn't want to sell his land for a block of flats but his neighbors did so and now there are 22 levels tower there and the new building code allows him to build only one level high now, so who's going to pay for a house which is 10 meters away from 60 meters tall tower and 5 meters away from double line road full of traffic?
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
How did you think of such a thing? And besides, that's just an example. You just thought that, meaning such things rarely happen in real human life, right?
The only thing I know about such situations is from the movies I've watched, but I never thought it would happen in real life. Has anything like that ever happened in real life? Do you know of a source link similar to that story?
Imagine a situation where you own a house and a piece of land it's built on. You estimated the value of the whole thing to be $500k. One day someone knocks on your door and offers you $2m all of a sudden. Will you sell or suspect they know more than you? Maybe there's an oil deposit underneath your house? Maybe there's geothermal energy source? Maybe an international company has plans to build a facility nearby and will need your land for whatever price?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
I'm asking this because if the funds get approved all at once there will be a large pressure on bitcoin's price and supply is, as we all know, limited.
Nobody buys bitcoin to sell it cheaper, so if they offer you $100k, they think it will go higher. If they offer $1m it's again going to go higher according to them.
Will you simply give it away once someone hands you $100k, or decide that it's cheap and they know more than they're willing to share?
Let me answer this way;
If I bought a land in an island and built on the land just because of the river. Maybe I like seeing river every morning that I wake. If you come to buy the house with so much money, I will only sell if there is availability island elsewhere, to build. But, if that my house location happens to be the last island, I will not sell the land and house.
Relate same to bitcoin. If BlackRock wants to buy my bitcoin at $100k, I will only sell if there is a means to rebuy bitcoin whenever I want, otherwise I am not selling.
The above scenario is for a rich man. A man who is not rich, who manages to buy a land of $2k and suddenly sees a buyer with $20k, he will quickly sell without much thoughts.
Well, in either case, it really just depends on if you're willing to take a gamble or play it safe. I mean, if your money situation's pretty solid right now you could probably just chill with the Bitcoin you already got. Who knows - their values might keep going up over time and you'll make out even better down the road.
But say you really needed the cash this surprise buyer's offering. and That'd change things. Like, if selling could help get you out of a tight spot or let you check some big goal off your list, then you gotta think about it more seriously.
Me personally? I'd take a hard look at what they're bringing to the table and weigh it against what I'm trying to do money-wise. Whether it's a real estate flipper or crypto whale, the question's still the same - am I better off sticking with what I have or cashing out for whatever they're paying? At the end of the day it depends what risks you're cool with taking versus potential reward.
But say you really needed the cash this surprise buyer's offering. and That'd change things. Like, if selling could help get you out of a tight spot or let you check some big goal off your list, then you gotta think about it more seriously.
Me personally? I'd take a hard look at what they're bringing to the table and weigh it against what I'm trying to do money-wise. Whether it's a real estate flipper or crypto whale, the question's still the same - am I better off sticking with what I have or cashing out for whatever they're paying? At the end of the day it depends what risks you're cool with taking versus potential reward.
I don't want to miss the opportunity so I will sell it immediately even though they offer a very high price compared to its real value. $2 million is a huge amount of money, four times the estimated value of my assets. With that money I can buy a decent amount of bitcoin and some other altcoins that I am researching. If I refuse the offer, I might regret it later when I learn that I missed out on a chance to earn a large amount of money. This is nothing less than a life-changing opportunity before the upcoming season. The important thing is that no one offered me such an attractive offer 
They offer $100K or $1M when the current Bitcoin price is $38K? I will sell it because I can still buy Bitcoin from the other seller which sell $38K isn't? 
Actually my first question is how can they know "my contact" when they see funded addresses in explorer, Bitcoin is pseudonymous except I link the address with my identity. So your question is unrealistic, Blackrock can't give a threat, sanction, or find the person when they doesn't know where the person live.
Actually my first question is how can they know "my contact" when they see funded addresses in explorer, Bitcoin is pseudonymous except I link the address with my identity. So your question is unrealistic, Blackrock can't give a threat, sanction, or find the person when they doesn't know where the person live.
why not? by selling the bitcoins i hold at the high price they offer, i might be able to open up many opportunities that might give me more money. isn't this the purpose of investing, right? to make a profit from the assets you hold and when an opportunity like this comes knocking on my door why should i refuse it. and i think if you ask other bitcoin holders maybe they will also have the same thoughts as me.
Jump to: