Bitcoin Forum

Would you sell? Would you buy more? Depends on the speed it gets to that price?

Personally I doubt if I would convert them to cash or hold. What would you do and why?

I think that time will pass 300$ and goes to 400$ and will stay stable at that leve,.Maybe wishful thinking,but finally btc will pass 300$ level

I will continue to buy bitcoins at a consistent rate until the market is at my disposal. I don't see any point in selling them, unless it goes to 5x your initial buy-in at least, and then only selling >50% of your BTC if you need to.

Definitely worth waiting out the Gemini impact.
Personally don't plan on selling until it hits $15,000... even then it would have to be a downward trend.
Scarcity is our friend.

This is exactly my thoughts as well, I don't think Gemini will have a tremendous impact. However I am in agreement with everything you said !
Limited number of bitcoins, increasing amount of users and increasing value per bitcoin all scream "get as many as you can now"

$300 is not a big milestone to me. I still held bitcoins when they shot up to over $1000.

You'd better sit tight and wait for quite a long time then. I'm not being a pessimist (but rather being a realist), but bitcoin probably won't go that sky high for quite a few years. Who knows, bitcoin might have even been replaced by some other, overall "better" cryptocurrency before then.

As for the OP, who cares if bitcoin price rises by ~$50? There's plenty more room to improve. :)

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No, I have no plans to do anything should BTC reach $300.

My guess is that given enough time, BTC will go very high (way over the +/- $1300 highs).  It might take time though, perhaps 1 - 2 years.  And $5000 is not out of the question.

For me, the Big Question is:

Will Bitcoin or gold reach $55,000 first?

It's so funny to have read so many "Is bitcoin dead" threads on here for the past month or two, and now people are speculating that bitcoin will for sure pass the $5,000 mark... I mean, yeah I'm planning on bitcoin to go back past $300-$400 for the time being... but gemini is only one exchange that is going to be mainly used in the U.S. ... I think some of you guys are putting way too much hype on this exchange site to take bitcoin to the moon again.

Definitely over-hyped about the new U.S. exchange, but what can you expect from pompous U.S. investor-types who are just entering BTC about a year-ago. They lack to see the consistent growth and are only interested in the short-spurts of energy that publicity is bringing to bitcoin.

Well it depends. If bitcoins has reached up to $300 and if there is an assurance that the price of bitcoins will only rise then my best optuons is to buy more bitcoins at the cheaper price of $300 and wait for it to double or triple the profit I will get.

I'm salary in receiving bitcoin  and I always sell but I kept a small amount on my pocket for savings. $300 would be great as I can have some for other investments.  ;D

How do you receive your salary in bitcoins? That sounds like something I would be interested in because for now I am stuck with buying small amounts of bitcoin at a time.

None. It's not exactly an earth shattering amount by any means. I'll keep on trucking.

i won't do anything as $300 isn't exactly what i am waiting for. if you said what would we do if the price goes to $1000 then it is a different story.

Yeah, I wouldn't even be surprised if I woke up tomorrow and the price was $300, although I would be hoping for upwards momentum.. I wouldn't be impressed.
Even at $1000/BTC it's not something we haven't seen before.

I'd be more worked up over $3000/BTC

If the price goes up to 300$, I will wait even more until it reaches to 350$ before I will try to sell some of my coins. The rest I will keep and hold until there is another price raise that will happen.

i will sell 50% of my bitcoin :)
and hold 50% of it, better i have $ because if the price down again to 200$ i can buy more and get some profit

I think you should hold on for more dramatic price turns, because that's when all the fun is had.. Unless you're an avid trader and regularly bounce around balances.

once Bitcoin starts increasingly becoming part of people's investment portfolios, crazy things are going to happen.  firms will start buying and holding, and there's only 21m btc to go around.

This is the real situations right now bitcoin facing. Many investors fear to invest bitcoin because it has only $3B net worth usually a very small company's equivalent. When it raises to considerable amount, as you stated bitcoin prices will fly like crazy. Surely bitcoin will find place in investment portfolio.

i will just simply HOLD my bitcoins when the bitcoin price will cross $300 because i strongly believe that is the time when bitcoin will soon rise more and more and i will just wait till it cross $1000 again and probably $1500 in few more days ;D
when bitcoin will cross $300 then it will give us a clue that it will increase..people just need to be patient. :)
I have started holding my bitcoins and others should too  ;)

I will sell 50 % of my bitcoins and hold the rest of it to hit 500$. at 500$ I will sell 50% of the remaining. and the rest I will hold to see how far bicoin can go.

300 is nothing. I'm hodling until 30000 at least. Hell, I'll still be buying as much as I can at 300. How n00bish are you???

The short term speculator will sell some at $300, because they would make a small profit. I on the other hand think that the Bitcoin price could very easily reach the $1000 in 2016, just after the Halfing. I will wait for that to happen, rather than selling now for a small profit.

I never sell more than 50% of what I hodl anyways. Just to be sure.  8)

Actually I'm looking more... $ 500
If bitcoint's value reach $ 300, I'm still want hold it rather than convert into local or purchase goods since I think bitcoin able reach more than current one.

This is more of the mind-set I expect to see when we're talking about holding bitcoins and "what would you do" are this price point threads! We can't get excited or make any big plans around something that's as plain as potatoes. Everyone that's been around this forum for awhile should know that holding onto bitcoins is the right thing to do. Everyone was given a hint when the price jumped above $1000/BTC about what the market is capable of in such a short period of time. Don't get caught with your pants down again, we're being handed an opportunity as low prices to get in and still be "middle"-adopters.

I don't have special plans about what would I do with an extra $50.

I guess exactly the same I'm doing now.

yes! wait for it to go up to 400$! after that 500$ and so on....  ;D

I will do the same as last time it went up to 300. Buy more every month and hold on to what I already have.

I have stepped away from any form of short term trading, simply because I'm not good at it. Furthermore, I don't need a couple hundred of profit, I'd rather take the big win!

I don't have any plan for short terms.I will not sell less than 10000 $ and will wait that day to come when my plan will meet to its goal.I don't see it a big deal to reach 300 $ as this is nothing.Once the Bitcoin will be on peak its value will be many times higher than now.

why 300? 300 is only the launch pad for a very high price, if we broke that for a while we can continue to 400-500 and so on

i'm not going to do anything until 2-3k-10k range and you should do the same, otherwise this beat will never grow, if for every little new record there are huge sell pressure

I will sell some part of my holdings at 300 $ and then buy later when price drops again.This way I can maintain not only my holdings but also gain some profit.I have my plans for both short term and long term.I don't think price will go suddenly up once so why not to take profit on short terms when small pumps occur.

Exactly the same thing I'm doing now gather, gather, gather and more gathering. 300 $ is just 60 $ more then now, and by some news around the internet price will go much higher, there is a thread on this forum price of 1 bitcoin will be even 18 000 $ ( for me its exaggerated).

I will want to see it going more higher that is my plan.Honestly I don't see 300 $ something to be excited at because price will higher anyhow.I don't want take risk in trading and always go for sure way.For me sure and secure way is to hold and ignore temporary pumps/dumps which happen timely.My plan is to sell at higher price in few years.

No, not really. I plan to hold next 5 years. I am not a short term trader. I tried doing it but I just end up losing money. So when we go to $300, I will just keep holding and hoping we will continue a rise.

The only time I would consider selling just to buy a but lower if I would see a parabolic rise, let's say if we go to a $400 in a matter of 48 hours. It happened already many times in Bitcoin history, these parabolic rises.

I will not sell a single satoshi from my cold wallets if the price isn't at least $1000. Regarding the coins I have for trading trading purposes, I would definitely sell at $300 as I am more than happy with 30% profit  ;D

My plan if it goes up to $300 is trying not to get excited.
It has happened so many times the past two years, then falling back again, it's frustrating!

$300 is nothing. If we go over $300 I'll probably decrease my buy rate slightly, but I don't plan on selling any until we hit 5 figures. At that point, I will cash out my initial investment. I then won't cash out anymore until we hit 6 to 7 figures.

300 USD isn't anywhere near enough to make a difference. 'When' we reach 300 again I will do the same as I'm doing now - HODL.

I'm in this thing for the long term.

Well, I think that if it goes to 300, it certainly will go back to less than 300 before getting over 300 again. That's why I stated the question...Sell depending on the speed of the rise?

It has been to 300 before, and then lower than 200, then up, then down. I see many responses "I will not sell until 1000 or 2000" but in that case you are likely to "lose" lots of ups and downs.

I see too much greed still left on the minds of many people here. As long as there are people who want to sell their bitcoins for $$$$$$$$$, bitcoin price will stay on the downside at under 300 for a looooooooooooooooooooooooooooong time. So, deal with with it, bitches!!!

yeah this is possible, and it's why i have said "for a while" in the sense so sustaining that value for a long time, if that would be the case you can be assured that 400 or above would not be so hard to catch

if you sell at 300 or around 200-300 range, you're only playing the mnaipulators dirty game

Mmmm, thanks for make me think about it. It is good to hear from more experienced users. Had not seen it that way... ;D

greed is always taking over people. that won't simply change untill people use their brains for once. chances are high we won't even see $300 anymore this year.

That is what I thought at first, so 300$ seemed like a good mark for a sell... if there was not other things to make one think it could rise even higher.

I consider anything above $280 as a sell already, and it would give me much profits if I sell the coins I bought for around $200. As for the current market sentiments, I feel that we aren't gonna cross that $300 yet, not unless we get nearer and nearer the halving, which is set to happen at July 2016.

i would sell all and wait to decrease to 270 to buy again.

If Bitcoin goes up to $300 I will not sell it because I think it's quite possible it goes higher and higher up to $1k (maybe not soon, maybe in two-three years but the price of BTC will be more than $1k I'm sure), but I wouldn't buy it either because I don't have much money to invest, I just live for the money I have.

But if you have millions of spare dollars I'd suggest to invest at least one of in BTC right now.

Even if you don't have any spare money it would be a wise decision to invest small amounts into BTC. If I had followed my own advice and stocked up on bitcoins in 2012 I would be sitting pretty with still dozens of coins at my disposal. I have a little more money now than I did back then, but still doesn't feel like enough to "invest", so I'm slowly putting money away into bitcoins and quietly building a small stash in cold-storage.

The plan is to keep buying more! :D

To those that would sell at $300, what are you going to do then if price keeps going higher?  Get back in at $400?  Or sit on the sidelines?

I plan on regretting I didn't buy more now.

$300 isn't a significant number for me.  If it climbed quite a bit and the market at that time started to look a little toppy (can't put a price on that without seeing how it pans out) I might get out of the market, but only because I thought it could come down a bit and I could buy a few more.  All FIAT money would go back into BTC though after a correction, should it happen.

What a big moment if bitcoin price reach 300 again? We can go more than that price, so i will holding my coin until price above 500

Better question: What would you do if btc goes to 150$!!!???!!!???!!!

i will sell all my coin if bitcoin price down to 150$, but seems price strongly now

buy high, sell low is the way to go! :)))))

If I'm not going to sell at $300 then I would definitely not sell at $150. To sell at 150 is the stupidest imaginable thing. If everyone would start selling at 150 this would kill BTC.

I think this is important, we should never sell at low price if we want BTC to stay alive. So in case the price goes down let's wait till the price goes up again which is good for us and good for BTC.

buying of course!!! people who sell at $150 will surely regret that. another chance to buy sub $200 would be a great gift before the halving.

because I have some bitcoin hold and wait up to $300, then if the price really go up to $300 I will sell all bitcoin.

because I doubt when bitcoin touched $300 it will not last long and will probably return stabilize at a price of $260-280 ;D

Agree but i scared we reach $300 closer when halving block coming up, it will make complicated sell or not because after halving block the price will rise again