Topic: You are offered $5,000 per bitcoin, but can never hold any again (Read 3729 times)
Yo dawg i hear you like coins, so i made a dawg coin.
January 31, 2014, 01:28:37 PM
January 31, 2014, 01:06:47 PM
It really depends on how many bitcoins one is holding now. If one holds 1,000,000BTC now, obviously he should sell all at $5000 for 5 billion. I one is holding 0.01BTC now, there is no reason to give up the opportunity to acquire more bitcoin just for $50.
January 31, 2014, 11:44:15 AM
Heck no. Dumb question. Crypto is the future. That's like agreeing to never use a cell phone.
Lol!! I'd agree to never use a cell phone again for 500BTC
I could get by just fine with a land line thanks... January 31, 2014, 10:29:49 AM
A clear no from me.
Not worth the risk, and I'm sure it will go to $5000 before 2014 is over.
Not worth the risk, and I'm sure it will go to $5000 before 2014 is over.
January 31, 2014, 10:17:22 AM
I wouldn't accept it now but in 2-3 months probably.
January 31, 2014, 10:16:10 AM
Sell, and buy doge coin.
Doge coin could potentially go up 100,000 times in price.
Only an idiot would miss this opportunity.
Doge coin could potentially go up 100,000 times in price.
Only an idiot would miss this opportunity.
wouldn't a 100,000x rise in doge price = $150 / DOGE , with 100BILLION Coins do you know how much market cap that would be ?
I think 100,000x is too late at this stage for doge, maybe if u bought it for 1 satoshi in the early days. I can see doge gain up to 100x (approx $0.15 / doge) by end of 2014 but that also would be very difficult to achieve and would require huge investments. Also don't forget DOGE has a very high rate of inflation which means it needs large amounts of money pumped into it constantly to keep prices up.
January 31, 2014, 10:07:41 AM
interesting responses. look at all those votes and hodlers!
January 29, 2014, 06:44:50 PM
Yes, and I wouldn't look back.
January 29, 2014, 06:20:31 PM
I'd take 5k then I'd buy gold and silver and maybe a bunch of litecoin, dogecoin, peercoin and look back with no regret
January 29, 2014, 06:00:46 PM
the wise part of me tells me that I should not be greedy ad take the money.
but no, this is an opportunity of a lifetime.
but no, this is an opportunity of a lifetime.
January 29, 2014, 05:29:21 PM
Sell it all then reinvest in Crypto Marketing Funds. 
January 29, 2014, 05:25:39 PM
Would hodl.
January 29, 2014, 04:59:58 PM
Heck no. Dumb question. Crypto is the future. That's like agreeing to never use a cell phone.
January 29, 2014, 04:52:43 PM
The catch in such a deal in real world, obviously, would be "either we buy you out or we find some other way to deal with you" and nobody would like the other way, especially from someone powerful enough to be sure you'll never use bitcoins again for the rest of your life 
So rethinking my answer, it would be "shoot the guy and run to equador to live under some new identity". That's the only correct answer.
So rethinking my answer, it would be "shoot the guy and run to equador to live under some new identity". That's the only correct answer.
January 29, 2014, 04:48:25 PM
I would take the deal.
One of my goals is to pay off my fiat debts in 2014. $5000/BTC would be more than double what I need to do just that, and leave me with some savings to fall back on.
One of my goals is to pay off my fiat debts in 2014. $5000/BTC would be more than double what I need to do just that, and leave me with some savings to fall back on.
January 29, 2014, 03:09:30 PM
Yes, in a heartbeat. The OP doesn't specify that other cryptos can't be held, only bitcoin.
So I'd sell and buy litecoin or even that stupid joke of dogecoin (in a large dip, of course).
So I'd sell and buy litecoin or even that stupid joke of dogecoin (in a large dip, of course).
This dude has the right idea.
Litecoin has so much more room to grow and it has just experienced a downturn, meaning in the near future...
TO DA M00N
January 29, 2014, 02:31:44 PM
$5000 per BTC is nothing, so no
With 10K coins it's a great offer.
But you sould convert the USD to some more stable fiat/gold/real estate/hookers.
With 1-100 btc, you don't want to sell, because you stll have to live a miserable life in your mothers basement. Poor GigaCoin.
January 29, 2014, 02:24:34 PM
Only if there was a way to max out all my credit cards buying bitcoins first.
January 29, 2014, 02:10:05 PM
I would sell them and give the money to my wife to buy 5 times more bitcoins
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