Bitcoin Forum

At what price levels will Bitcoin hodlers sell a significant part of their coins?

Not sure how you got thei dea to put the first four on the poll but well ... I'd sell when they are at the price 2000$ / BTC or above that's for sure . I wasen't an early adopter so don't have that much , so more profit it is the more good it is . I didn' spend any penny to get my current BTCs so ... all full profit ;D
Those who choosed the last thing on the poll may wanna give some arguments ? :o If you are not willing to sell them then you are for sure going to use them and that won't happen unless bitcoin become mainstream and well known everywhere onthe world and used and that will only happen after xxx years . so are you willing to wait that much

I honestly strongly believe in this technology at the moment so much, that I wouldn't sell any of my Bitcoins even if we hit 10,000. That is how I voted!

How did you determine the first few prices? Are those your exit points? Just looks a bit weird..

I already pay my monthly satellite TV service (Dish (http://www.mydish.com/)) with bitcoin.

When I plan trip, I pay for my hotel (Expedia (http://www.expedia.com/)) with bitcoin.

I purchased a new TV from TigerDirect (http://www.tigerdirect.com/) with bitcoin.

I bought my wife a camera from Overstock (http://www.overstock.com/) with bitcoin.

I subscribed to my local newspaper (Chicago Sun-Times (http://chicago.suntimes.com/)) with bitcoin.

I also occasionally order pizza (Rosati's (http://www.rosatispizza.com/)) with bitcoin.

I'm spending bitcoins for products and services all the time.  Why would I sell them for USD?

I like to horde most of my coins I do not like spending them.  I enjoy watching them build up.  Sure I do spend some but a lot of that is on investments.

Main thing I pay out of it is power bill, it is not cheap.   I do cash in each month some (or most months) to pay for electricity.  This makes it where if BTC dropped to 0 or something small I at least did not pay thousands in electricity bills mining and lose it all.

If you won't sell your bitcoin at any price below 10,000 then you will probably not even buy anything with it as payment processors like coinbase convert it to USD instantly.

Then how will just holding on to the bitcoins ever benefit you, if the price never actually goes over 10K ?

I would do it a 10000,
But I think I would never sell my bitcoins, I im so in love with them  ;D

$338385

Your figures are very random.

Bitcoin price speculation will be its downfall..... (to be continued).

I am actually buying with Bitcoin very often but as soon as I buy, I also buy the same amount of the exchange. So at the end of the day, I am at the same balance or even ahead since shopping for Bitcoin nowadays gives you very ofteh great discounts (read purse.io for example).
Now why am I doing something so complicated you might ask? Well I decided that I will support the network in this way by transacting and not just hoarding, since I think that actual transacting is very important for the adoption at the moment. And at the end, because of the discounts, I often make small earnings as well.

Now to answer second part of your question, this way of holding will benefit me greatly since I believe that 1 BTC will be worth much more than $10,000 in the future. When this happens, I will see what I will do! :)

Some of the website are limited to me and can't access them . anyway I believe you mate ... but it's not like FIAT (Paypal , Credit card) they are accepted eveywhere on the world . for Bitcoin you have to basically struggle to get paid in BTC , to pay bills ith BTC and a lot of other things and all that depends on the country you are living in .

Not below US$5,000 if I had the choice, but some bills require me to "dump" minor amounts of BTC now and then

I will not sell my bitcoins now unless for exceptional needed things. Maybe if the price will go 20 000 or more i will sell two or three only to see and to touch the profit from them. But everything here. I think that bitcoin will worth more and more in the future. there a limited number of bitcoins and there are an increased demand for those. So the results will be the increase of their value.

Maybe I will sell part of my bitcoins at the price of 10 000 $ one bitcoin. Then I will not spent that money but I will invest those. I will do this only to diversificate my investments. I consider bitcoin as a investment because I think that its value iwll be increased in the future. I think that the demand for bitcoin will increase because of its characteristics and its advantages. So it is not good to sell much of them now.

I will suggest you not to sell them now at any price just hold them with you , and i am sure that in future you again gonna see the prices like 1000$+ , so just wait , if you wanna sell then you cannot get much more than 300$/BTC .
I am not early adopters so i don't have much , but if i was in place of you would have never thought of it.

why be about selling for fiat  ???

btc's not my thing but for the ltc and other cryptos i hold tis not about how much fiat i can get, more i'll use as currencies in their own right as cryptos popularity increases....kinda the whole point to all this  :o

selling is for pussies.. :p

Always HODL, selling is for pussies ;) I don't see myself selling a significant portion of my Bitcoin in near future.


I know that you probably don't see my post, but here goes. Just wanted to say that you seem to be pretty lucky. Unfortunately not all people have the opportunity to pay their expenses with Bitcoin. I hope some day I can! I wouldn't have any reason to sell my coins if I could

Everything always have a price, i guess i will sell it above $10000.
                                                 

Are you going to sell them at nice prices? The halving is coming and probably you would be better of if you sold them after that...

my target is 10k, but this not mean that i'll sell at that point, i'll sell only if by that time, i will not be able to use bitcoin directly for everything, so if i need something when bitcoin will touch 10k, and this thing can not be bought with bitcoin, then yes i'll be forced to sell

you should be able to choose two options in the poll because it has both lower and higher prices in the options which means either go up or down.

if the price goes lower than $200 i will start selling and if it goes higher than $900-$1000 i will start selling too. but never all of my stash, only part of it

Im thinking that maybe I would sell most of my Bitcoin holdings at the $2000 - $10000+ Price range if that were to ever happen. I might even sell some of my holdings at the $1,000 Price point too. But no one knows if these prices are possible unfortunately.

well, why sell BTC when you can buy the stuff you want with BTC ?

I want to lie & pretend to be a bitcoin die hard, visionary etc etc but if we get to around 5000 USD my finger would be very, very close to the trigger. I'd simply have to sell around 50% of my stash. I'd just have to, it'd be so much money.

I'd always HODL at least 10 bitcoin though just incase 5-10 years after hitting 5000 USD we went to something ridiculous like 100,000 USD. I'd kick myself if I sold way too early.

where is 100.000k USD  :) ?

Hehe this is so true.

Everytime I feel like seeing I just have to look at threads like this to realize how dumb I will look like in 5+ years after selling.

https://bitcointalk.org/index.php?topic=27348.0

Selling bitcoin is basically impossible without eventually feeling like an idiot.

I will hold until fiat is worthless. :)

history repeats itself... ;)

some peopel will sell at 2000 ? 5000 ? okay...

look here:

Berkshire Hathaway Inc. A Chart

http://shchart.finanzen.net/chart.gfx?chartType=1&time=10000&height=500&width=870&symbol=US0846701086&exchangeId=2&volumeUnit=1&gridGlobalOff=0

i totally depends on the market and how the price reaches the specific point . for example if the price continues to grow like this (gradually) i would never sell any of my coins ever. and i keep holding them for the future that more places are accepting it and the price is higher and then start spending them.

but if there is a pump comming and the price surges to a high enough level like $1000-$2000 i would surely consider selling a part of bitcoin stash for profiting .

BTC will outlive the USD by far, therefore it won't make any sense to sell it for USD.

Buying BTC is about disinvesting from USD, not about anticipating a USD profit.

fiat is already worthless, their are paper toilet, but it appear that these toilet paper are still the most used, if you eman collapse, i doubt it will ever happen, bitcoin can destroy fiat without waiting for its collapse


this will drive up the price through the roof, when bitcoin will not be dumped anymore

I voted for the last option because I thought it was funny, but in reality I still don't think I would sell my Bitcoins...

If they reached a certain price, I would most likely buy an item I have been saving up for (at this point in my life that would be a car). If my small hodlings fluctuate to a value where I can purchase a new car, I will cash out and start from scratch again.

I will sell half of my Bitcoin holdings at the $5000++ Price range if it happen in the future  ;D

I would sell 10% of my coins at $10k... maybe another 10% at $50k and another 10% at $100k.
I feel this is a reasonable balance between taking profits and still continuing to hodl most
of hodlings forever.

Well I wish it would hurry up and do so with VTC Vert Coin, as I got left with the bag at $0.32 and now it's still 'playing' around 0.07.

As to the OP's question, I still like the potential valuation of $30,000 - $60,000 per 1 BTC, so I also think the figure of 10,000 is kind of low in the long term. Can't remember the news item where that figure was speculated, but it wasn't just a random one.

I will sell a significant part of my Bitcoin hodlings at price of $1000

but i will try to keep some of it for the future

cough cough...weak hand..cough cough

I'll never sell Bitcoin.
It is for the hard days or for my future generations.
I'll just keep my Bitcoin safe in an encrypted wallet in a cold storage.

Nice to see that $2000 will be a bear trap.

if the bitcoin price goes higher than $1000 USD then i might sell a part of my bitcoins but not sooner

$10,000 sounds good, but when Bitcoin reaches that price it will be widely accepted everywhere.  So you won't need to sell it for fiat that is guaranteed to lose value, you can just spend your BTC

No it doesn't. Impossible.
15,000,000 coins x $10,000 = 150 billion market cap.

Way too small to be widely accepted.

Add three extra zero's and you can say it's widely accepted (or starting to be)

$500,000 USD future inflation-adjusted value per coin. I'd consider parting with at most 1/3rd of my btc holdings at that exchange rate.

you're basically saying that we need 1 satoshi = 1 dollar to be widely accepted, the definition of full adoption should be something like "if at least 1B people use bitcoin we can consider bitcoin adoption basically complete"

with 100Trillion to 1Quadrillion it mean that the average world wealth will be 1M, even accounting 4B people(excluding childs and some other) we still have 250k average for each person, too much if you ask me

That might not really be how things work.

In 1985, it was possible to communicate around the world with computers.

In 1995, only 2% of the world's population used the Internet.

In 2005, only 16% of the world's population used the Internet.

In 2015, it's closer to 50%.

So - is the internet widely available yet, or do we have to wait for more than 50% of people to use it?

The truth is that it was already widely available in 1995.  Even though only 2% of people used it, I could get online anywhere there was a telephone line.

Because I'm in the U.S., and 2% of all people worldwide meant more like 10% of people in the U.S. already used the Internet.  It's easy for us to say we'll hodl for $10,000, but there are some people with bitcoins in the developing world where $5000 will buy them a house.  Expect heavy dumping.  Unless you're a millionaire or a monk, your hands aren't as strong as you might think. 

True, there are plenty of delusional people who act like $100,000 isn't a big deal to them.  I used to see them on "Deal or No Deal", turning down $100,000 "because I'm here for a million".  They had never seen $100,000 in their lives, but they held out!  And they ended up leaving with 2 cents.

You still need to buy food and pay the bills.  If you're overdrawn at the bank, and someone is willing to pay you $5,000 for 1 bitcoin, how can you hold?  But I think Bitcoin will be at 1995 Internet levels within the next 2 years.  That means most people have heard of it, most people have never used it, but it's readily available for anyone who wants it.   

So if 1 bitcoin is worth $10,000, and only 2% of people in the world use Bitcoin, I think I will be able to spend my BTC for pretty much anything I need to buy.  Maybe not every grocery store will accept it, but every town will have a grocery store that does.  So there won't be as much reason to sell BTC for fiat, since I'll already be rich without selling any bitcoins.

I wont be selling any btc, im holding on untill the bitter end. Just like i would never try and sell my gbp or usd although i will use it for all my online transactions in the future.

I`ll sell 1/2 of my coins at $690,000

I'll never sell my Bitcoin ever in my life.
I know that everyone will say that and also vote it.
But I also know that when the price of Bitcoin will reach near 5k dollars then half of these voters sell majority of their Bitcoin at that price in greed.

I have already sold 10 BTC when the price went rather hight a few weeks ago. I made around 3 Bitcoin profit this way

Nearly 30% of the people here voted for this option : Never, selling is for pussies Now answer me this, if you never sell or use these bitcoins, what are you going to do with it? Look at it and get a nice fuzzy feeling or a erection?

If the price of Bitcoin reach $1000 almost everyone will consider selling. This has happened before when it reached that level and only a few hardcore believers held on. I do not believe for one moment 30% of the people here, will not start selling at $5000.

Let's be real.  ::)

Yes, I think 100k$ is a better projection. It makes early bitcoiners very happy, people can use it to transfer very large amount of money and it's still realistic. 1M seems a bit too much.