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Topic: Would you sell your BTC for $100 000, and never go back to the game again? (Read 1097 times)

legendary
Activity: 3234
Merit: 5637
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Voting ended yesterday and the results are as follows :

- Total voters : 73
- 27.4% vote YES
- 72.6% % vote NO

We see that most still would not make a sale even at a price that is almost five times higher than today, if that meant they would never be able to own a BTC again. As we have already concluded, many factors can influence such a decision, so one should understand everyone in their decision.

Thank you all for voting, although I hoped there would be more voters.
sr. member
Activity: 2366
Merit: 448
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A difficult choice, even though I don't have a large amount of bitcoins but I will answer it according to my opinion.
because bitcoin is hard to predict and whether it will reach $ 100,000 / 1 BTC I don't know, but my heart says it will reach that price even more and it looks like it will take a really long time and I will choose to sell and for a promising long term business and buy a big house and everything in it to enjoy with my family as long as I live, and partly I will reinvest in bitcoin in the long run.

like a dream to have lots of BTC 10 or more so it's just a fantasy
sr. member
Activity: 616
Merit: 253
That would be a good plan. But I would have done it differently now.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

Well for now, I'm not holding huge amount of bitcoins. I might buy much much number of bitcoins than I could then will sell it all to that person.
The amount of bitcoin that you currently holding matters. A $100,000 bitcoin value sell is great, however it is almost nothing if you are just holding few fragments of bitcoin.
legendary
Activity: 2338
Merit: 1775
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It would be a very difficult choice for me.  I believe that the price of bitcoins in the future will exceed $ 100,000. 

However, there is one caveat.  I am not immortal.  It is possible that the price of bitcoin will rise to $ 1,000,000 in 50 or 60 years.  During this time, we will see many bear markets. 

Bitcoin is a very valuable thing.  However, love for a beautiful girl, own apartment, travel to other countries, good education, health - things are more valuable than bitcoin.  Life is not limited to holding Bitcoins.
full member
Activity: 1414
Merit: 129
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I bought some bitcoins at a lot deeper, and I haven't sold them yet.
I decided that I would never sell my collected bitcoins unless I needed them too much.
No matter how much the price of bitcoin goes up, I will never sell those bitcoins.
I think everyone should buy some bitcoin and keep it in their collection.
member
Activity: 371
Merit: 65
~ ngidol is my passion ~
of course, maybe it's not just me everyone can do it. It could be that it is the highest point of the btc price so everyone will sell it, and when it dumps again, buy it while you can. maybe it will be your lifetime regret if you dont sell it lol Cheesy
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
My wife says yes while I say maybe  Cool
sr. member
Activity: 1526
Merit: 251
I think most people will choose no, let's say we have reached the point of 100 000 $ then will definitely look for a higher price, if it is or because the supply has not been fully mined. Even when BTC can't be mined anymore, the price will still fluctuate, and there will definitely be factors that cause it.
hero member
Activity: 1610
Merit: 507
I would not just want to sell my bitcoin and never come back because I believe that bitcoin will be more than $100,000, so I will still come back to bitcoin and buy more bitcoin. I will not just hold my bitcoin because if I do that, I will not make money from the rise of bitcoin prices that I believe will happen soon. If I can have more bitcoin by buying it when the price drops, that will be the way for me to make more money.

Eventually Bitcoin will be worth more than $100,000 per coin. But the big question is how long it is going to take for Bitcoin to reach that level. What if this level may be achieved only in 2030. Are you ready to wait until then. Or let's take two scenarios. In the first scenario, you are able to sell your coins for $100,000 in 2020.In the second scenario, you are able to sell them for $250,000 per coin, but only after 10 years. Which option is more palatable for you? I would definitely opt for the first option.

But then, what will be the choice, if $100,000 sale option is available in 2020, and $250,000 option is available in 2022 or 2023. Now the second option looks much more attractive.
I would not have a problem to wait for 10 years from now to see bitcoin reaches $100,000 per coin because that will be my opportunity to try to make more bitcoin. I will choose the first option, but I will buy more bitcoin while waiting 10 years later. I think that will still worth doing because, in the next 10 years, I can sell bitcoin at $250,000 per coin.

And in the second scenario, I will still sell bitcoin at $100,000 in 2020, and I will still trying to make more bitcoin to be sold in 2022 or 2023.
member
Activity: 368
Merit: 24
full member
Activity: 799
Merit: 100
people are aiming from bitcoin to hit $100k even $1M milestone.i would be happy if that imagination come true but totally unknown when it'll happened.but you are offering $100,000 instant and i think it'll wise disicion to accept.but it also possible that "be with bitcoin", may could change my future! Possible that i may earn more from thid crypto industry than you mention! So I'm not willing to sell my bitcoin
legendary
Activity: 2814
Merit: 1192
I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.


There is a lot to watch out for until 100k can be achieved, the question is is it possible? Since the market cannot predict exactly how the price will form, it takes a big prospect to get a price of 100K, at least 30k in the position in 2021 is more likely to happen.

100k is possible. Even much higher levels like 500k are possible, but the time frame that you've mentioned is what matters here. If we assume that there's 90% chance that Bitcoin will achieve 100k at some point in time, if it keeps growing the way it does it could take 5 years, so another full bull/bear/bull cycle. Having 100k per coin at your disposal could be life changing for many people. In 5 years I'll be in my 40s, maybe I'll have a child... Having a few million USD in cash right now could help me more now than having 2x that in 10 years.
hero member
Activity: 2548
Merit: 950
fly or die
I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.

Couldn't you do enough of that stuff by selling less than your whole stash, keeping some for when 1BTC = 1 million ? Or maybe selling all but keeping some cash with the purpose of buying back lower ?
full member
Activity: 1946
Merit: 112
It is always an interesting question how many people are really interested in Bitcoin because of what it represents, and how many are exclusively interested in profit. Without going into some big discussions about what Bitcoin should be, what it is today and what the future holds, I will ask you one very simple question that I would like you to answer honestly.

Most have their own figures when it comes to selling BTC, and accordingly my question is: If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

The poll will last for 7 days.



Local rule : Please avoid unnecessarily quoting of whole posts if it is not really necessary.

Yes, I would sell my BTC for $ 100,000 and would agree not to return to this industry. Why? It's that simple! Personally, I use cryptocurrency to make money, and money is needed to have the necessary things in this life. Even if I sold 1 BTC for $ 100,000, it was enough for me to do other things. Is it right or not? I think for me and my vision, yes, this is correct, but from a business point of view, it may not be wrong. In any case, everyone in the crypto industry in order to make money, and $ 100,000 for 1BTC is quite a good amount for this.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
I'm using bitcoin for so many years.this is the first currency, which help to a lot to teach me about crypto world.its become a part of my life, and so i can't sell it.i know your proposal is an oppourtunity to grab and change life.even it isn't really easy for bitcoin to raise $100k but i would like to be the of this bitcoin game and want see the things that would happened during $100k journey.so would like to hodl it for long
member
Activity: 686
Merit: 35
I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.


There is a lot to watch out for until 100k can be achieved, the question is is it possible? Since the market cannot predict exactly how the price will form, it takes a big prospect to get a price of 100K, at least 30k in the position in 2021 is more likely to happen.

Apparently you are not reading the topic, this is a pool question about what would you do if given the offer of $100k for each btc you own will you take the offer, good to read and understand the conversation at hand before jumping in. Just saying  Undecided
member
Activity: 433
Merit: 13
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Its really hard for me to answer because $100k is huge money and the bitcoin game also attrack me and makes crazy.but after all its about money.if i re-think about my crypto carriar, i made loss a lot. Exprianced a lots of scam projects who scammed my fund.so if anyone really offering me to accept such kind of $100k offer, i will be realistic & accept that cause don't know what will happened with bitcoin in upcoming years even able to hit that price or not!
sr. member
Activity: 1988
Merit: 453
I would not just want to sell my bitcoin and never come back because I believe that bitcoin will be more than $100,000, so I will still come back to bitcoin and buy more bitcoin. I will not just hold my bitcoin because if I do that, I will not make money from the rise of bitcoin prices that I believe will happen soon. If I can have more bitcoin by buying it when the price drops, that will be the way for me to make more money.

Eventually Bitcoin will be worth more than $100,000 per coin. But the big question is how long it is going to take for Bitcoin to reach that level. What if this level may be achieved only in 2030. Are you ready to wait until then. Or let's take two scenarios. In the first scenario, you are able to sell your coins for $100,000 in 2020.In the second scenario, you are able to sell them for $250,000 per coin, but only after 10 years. Which option is more palatable for you? I would definitely opt for the first option.

But then, what will be the choice, if $100,000 sale option is available in 2020, and $250,000 option is available in 2022 or 2023. Now the second option looks much more attractive.
legendary
Activity: 3766
Merit: 1217
I'd sell it for 100 grand, because it's gonna take a long time to reach that price.
Sadly I don't have that much to make a difference Grin

It is such an exciting offer, and despite my 8 years of experience in cryptocurrency I am having such a hard time in making a decision. The current exchange rates are $23,500 per coin and the price being offered is more than 4 times the current level. If we strictly follow the investment rules, then this is an option that should not be ignored. But it is quite hard to ignore the emotional attachment, after staying loyal to cryptocurrency for so long.
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