Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Lucius on December 13, 2020, 02:52:16 PM



Title: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Lucius on December 13, 2020, 02:52:16 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: nicecrypto on December 13, 2020, 03:14:41 PM
Very tough question, $100,000 is not a small money from where I come from, such money is enough to get settled and leave a good life,
There is a possibility the price could go higher, if I accept this offer and am not able to own btc again I will lose out on future price, same way the price could dump and if I refuse to accept this offer I might miss a good offer,
Ummm...... I accept  ;D



Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Mulann2 on December 13, 2020, 03:21:59 PM
For anyone to make me such an offer only tells me one thing - btc will definitely go even higher that what he is offering so I will respectfully pass, I will prefer to hold and ride it to the very end, it could be $1million or Zero  ;D but am willing to see the end.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: NeuroticFish on December 13, 2020, 03:24:57 PM
Bitcoin is (also?) a currency. Sooner or later I may have to use it again for whatever reasons.
Also I don't own enough bitcoin to allow me retire if I sell at 100k

So I guess that I'll stay in the game. I'll work more, I'll earn more and I'll wait for Bitcoin get much higher than 100k. Not much else I can do.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: hatshepsut93 on December 13, 2020, 03:55:09 PM
This isn't even a good idea from a point of view of investing, because there is a chance that it will go far above that, so it's always good to own at least some Bitcoin. This is what I actually plan to do - I want to sell 50-80% of my coins during this bull run, but still keep the rest and only sell them if the price will reach $250k or higher.

But I could totally live without Bitcoin, there are other stores of value - physical gold, offshore bank accounts. But I'd rather park my money somewhere where they will make profit - real estate or stocks most likely.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: bittreo on December 13, 2020, 04:24:11 PM
For instance, I can accept $100K as it a significant amount indeed. Besides, I can easily diversify that amount into Ethereum (majority) and physical assets like Gold or real estate. Real estate alone can give crazy returns within a short period of time (years) if picked carefully after conducting research.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: BlackHatCoiner on December 13, 2020, 04:30:36 PM
So selling my bitcoins for $100,000 each and never get into it again in my life? First of all, I have not 1 bitcoin, so I couldn't make a big profit. Secondly, this thing has just begun. I consider myself a lucky man that got into the game 10 years after it started. Last but not least, I choose to go with the HODLing way. And who knows, someday I may sell my bitcoins for more than $100,000 each.  :)


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: mk4 on December 13, 2020, 04:41:52 PM
The easiest no for me. I'm planning on holding bitcoin up to the point that I wouldn't even need to sell(besides small amount of coins for bills and such assuming we still can't pay with BTC on stores at a certain point).

The only exception would probably be something like a family member in a critical condition and need a huge amount of money asap. Parting with my coins would suck, but carrying huge amounts of guilt til I die would suck a lot more lol.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: BrewMaster on December 13, 2020, 04:53:11 PM
i think it depends a lot on how much bitcoin each person has. it is so easy to vote no for someone who has a small amount of bitcoin like having 0.01BTC in total but it is an entirely different discussion if that same person had a much large amount like owning 50 or 100 bitcoins.

there is another matter which is timing. if this question was asked back in 2018 when price was going down and price was $3k then it would havc been different from now that the price is already on the rise and $100k is just around the corner!


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: bL4nkcode on December 13, 2020, 05:17:54 PM
Why would I stop if I keep gaining profits from it? If this price reached, surely I would sell but I won't stop stacking, the price might dump after that year's ATH but it will pump again for sure for the next few years and that's the most awaiting and interesting part of hodling bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Upgrade00 on December 13, 2020, 05:23:39 PM
Getting $100,000 per coin for every Bitcoin I hold (or fraction of Bitcoin I hold) at the expense of having to sit out what I consider to be the biggest financial revolution of the century while we are still in 2020?

I'll decline regardless of how much bitcoins I own.
A few years back when I had less understanding of how the Bitcoin network works I would have jumped at the offer, but now I believe Bitcoin would almost definitely hit that amount in the future and go much higher and during this growth phase there is an opportunity to accumulate more, so more profits; Even if I was here for solely for the profit I would still not accept the offer as it could prove to be less profitable than holding.

Of course it would be shrewd to also consider the cons of refusing; There are risks both on the market movement and your personal ability to securely hodl your coins. The Bitcoin space would likely change dramatically in the coming 5 - 25 years and enthusiasts would need to adapt to retain the qualities which attracted them to Bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: kryptqnick on December 13, 2020, 05:27:44 PM
I voted 'No' and I'm glad that it's the choice of the majority here. I hope it's not because $100k is not the right price, but, say, $1 million would work.
Even though Bitcoin is not greatly adopted as money for now, I think it's ideologically and practically useful to stay in touch and to have some BTC because it's decentralized and because it might become our future after all. So for me there's no right price to sell everything. I don't keep big amounts of BTC, I gain some and sell some regularly. I wouldn't sell it for fiat if I could use it directly to fulfil my basic needs in my city, but unfortunately that's not the case.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Reid on December 13, 2020, 05:45:22 PM
For someone near death, in debt, or have a bad sickness this will be a great deal and they will bite it without second thoughts.
But for young bitcoin holders that still have so much time in this world, they will just risk waiting instead of selling.
I say I will take the young side.  ;D (Although I am not that young anymore)

It's just difficult to imagine not going back.
You learned so much about it and letting it go will not be that easy.
Sometimes you even dream about it.  ;D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: btctaipei on December 13, 2020, 05:51:40 PM
Sell you BTC @ any amount and never go back is a sin..

Beauty, wealth, fame means nothing.
honor and Eternity is.

assisting BTC adoption today.  Give it away for worthy causes. You won't regret it.

for some it is impossible to sell all BTC. You know the risks. But by giving away and help adoption we can overcome evil all together.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Asuspawer09 on December 13, 2020, 05:54:33 PM
I think the best way to do it is to sell your bitcoin for $100 000 and then when the market price goes down reinvest some of the money for a possible another $100 000.

I guess for a poor guy like me  ;D I would take the bitcoin for $100 000 per coin or $100 000 and never go back because I could already start a good business or a passive investment like a real state that could never go wrong. Maybe it this happened in this year where bitcoin still have a lot of room for improving I might take it as a No, but if the 100k$ is its highest potential its a yes.

But for some rich guy here  ;D I guess it would be the opposite since $100 000 per coin might just be a small amount of their savings and they could easily earn that amount.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: btctaipei on December 13, 2020, 05:58:38 PM
<SNIP>
But for some rich guy here  ;D I guess it would be the opposite since $100 000 per coin might just be a small amount of their savings and they could easily earn that amount.
<SNIP>
Rich is relative.  When BTC was $40 we thought of the same thing.
It was so tempting, but instead of selling we circulate (buy&sell&adopt).
Not 1 BTC was lost for the 7 years.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: OROBTC on December 13, 2020, 06:06:49 PM
...

Yes, I would take the money and run.

Another interesting question would be to have asked if each Voter were a "small" HODLer or "large".  I would bet that many larger holders would sell and move on..  ("Small HODLer" here)


EDIT: Besides, because no one can predict the future (and unknowable technological change)...


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Silberman on December 13, 2020, 06:12:42 PM
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?

This is a difficult question to answer because it will depend entirely on my circumstances at the time and as such my answer will change depending on them, however if I had to answer that right now I would answer positively since you are basically selling your coins for 400% above their market value so you are being paid nicely for the privilege, and since the condition is simply to never buy bitcoin again you could buy gold if you want a store of value or just invest in ethereum and other altcoins in order to still try to capture the growth that is coming to this market.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Josefjix on December 13, 2020, 06:23:39 PM
Leaving it completely means, I'm restricted to teaching about Bitcoin, spreading the news that revolves around it, commenting on this Forum, hanging out with friends I have made in the journey of Bitcoin. Starting a new life all over again. That would be quite a boring lifestyle to live and considering the development of Bitcoin and how absolute it is going to surpass the offered $100k. I would rather wait and HoDL on to it as the person who is offering me the cash.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Becky666 on December 13, 2020, 06:24:50 PM
Candidly, i wouldn't accept such offer becasue of the future. We have just started a journey of a new financial revolution which will take the whole wide word into much height in terms of finance. Some of Bitcoin fractions am holding aren't much to sale for profit, so, for anyone to give $100k for the sake of me never to go back to where my passion lies; i will say a big NO, because i believe the future of Bitcoin is very bright and won't trade it for my reason or for any amount.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: passwordnow on December 13, 2020, 06:53:41 PM
I'm about to say yes and get out for real in the game. But if we talk about future and long term goals, we're at win with bitcoin and it can even surpass the given price of deal. If there's no condition of getting back of having it again, I'd definitely sell all @$100k.  :P
But if I ever do and agrees with the deal, I'll invest into some other things but not as volatile as bitcoin but at least it will continuously me allow to earn from that profit that I've made. It's not gold or silver.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: shield132 on December 13, 2020, 06:57:11 PM
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?
That's really a good question but I think you should have wrote fixed price because people with 0.0001 btc or similar amount will write an answer that should be digressional.

Those, who answer - YES, are a type of people who prefer "an egg today".
Those, who answer - NO, are a type of people who prefer "hen tomorrow".

Right now, my personal answer is following:
Despite the fact that I would get great profit that would be enough to launch a profitable business, I wouldn't make such decision that will not give me a possibility to use bitcoin in future. We should follow trends, be creative, past is past, we develop. If you stick with the past, you'll never develop. Maybe not only bitcoin but cryptocurrencies and blockchain technologies are future in overall. Most companies invest their assets in bitcoin, most companies adopt bitcoin and what do you do in this case? Saying no to it in exchange of $100k on each? Isn't there a high chance that bitcoin will ever surpass that $100K?

Long story short - I prefer "hen tomorrow" so no, I wouldn't sell bitcoin even for that price because I'll lose the future possibilities.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: ChrisPop on December 13, 2020, 07:12:20 PM
Of course not! What if Bitcoin becomes the world's mainstream currency and the main proof-of-value asset? I'm not willing to take the risk. Moreover I'm pretty confident that mark will be touched in the next couple of years.
Institutions are strong and putting a lot of buying pressure on the market these days.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: 2double0 on December 13, 2020, 07:19:24 PM
I 'accidentally' voted for Yes without reading the whole question.

If someone offers me $100k for my 1 Btc at this point - Yes
If someone offers me $100k for my 1 Btc at this point and asks me to never own it again - No, never. Btc has been life-changing and I love the challenge of earning it rather than just go for a $100k deal 'except only when I have more than 100-1000 btc available in my portfolio already'.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Oilacris on December 13, 2020, 07:39:55 PM

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?



Voted Yes!

So far, i do have a hard time on earning or accumulating a whole bitcoin and if someone do tend to buy up 1 for 100k usd then i would definitely deal with that.

Basing on the agreement where you should never own again then i can deal with that yet $100k isnt something that i can earn in a short span of time.Lets say 5x the price would be
needed for bitcoin to reach up 100k which i do believe that it might really take for sometime and since we are just dealing with btc then
i will make some engagement towards alts.

Might sounds to be greedy but i cant just miss out that kind of opportunity.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: veznata on December 13, 2020, 07:41:00 PM
that's a very good question indeed. personally I believe that this time ATH will be around this amount. so it makes sense to cash out all when price climbs close to that price (or even at 50k). then price dip will follow and will buy back same amount of BTCs and wait until price reaches very high value. it may take many years but that will be perfect retirement fund. this is what i promised to do after i cashed no money in the last bullrun 3 years ago.
getting 100K right now also is not a mistake assuming price may never touch this value (this is an possible option) but only if you have 10-20 BTC at least or if you live in country with low standard where 1-2 is enough.
so both options are good. accumulate as much as you can. such a chance comes ones in a lifetime. i am not sure most of us or all of us will see such opportunity as Bitcoin again. eventhough i am wrong grab the chance NOW!


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: ChiBitCTy on December 13, 2020, 07:50:13 PM
Well one thing is for sure, the majority of those who own bitcoin are in it solely to make money.  I've talked to countless friends and family who own bitcoin but actually have no idea how it works or what it's use cases are for.  Just goes to show how few people actually do their homework when learning about financial products.  That said, if I were given this offer of 100k I'd take it.  I fully expect bitcoin to reach heights above 100k, but who knows how long that will take and of course there is no guarantee.  100k is life changing type money for many. 


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Wysi on December 13, 2020, 08:25:08 PM
This is undoubtedly one of the most difficult question because most of us are here for profit or some sort of passive income but at the same time we do have people working hard for the technology which Bitcoin has started, we are greedy as well hence I think most of us including myself would not quit but rather cashout and reinvest in the greed of earning more.

Bitcoin enthusiasts will not dump it unless it's a critical situation or financial emergency.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: aesma on December 13, 2020, 09:04:08 PM
100000 is actually a number I have set as an objective for myself, with the caveat that I think in Euros, so it's a bit more than 100000$ (maybe not by then). Not to sell all BTC though, I would never do that. My idea is to sell a chunk though, not to exit but because that would be a tremendous achievement already so I'd want to act on it. Then if BTC crashes after that, I would probably buy back the amount I would have sold, so basically I would trade that price. Until then, no more trading.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Zionatin on December 13, 2020, 10:08:17 PM
No never!! Bitcoin has given me too much I must remain loyal!  ;D I believe in bitcoin I think it will go for more than $100k one day. With the amount of bitcoin, I have now I would definitely not take this offer up. You would need maybe 10 bitcoins to make this a worthwhile offer. Even then... Not being in the bitcoin world sounds depressing to me and you? How on earth will I spend all my precious bitcoin if I do not possess any? I want to one day feel what it is like to make mainstream purchases with my bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: pixie85 on December 13, 2020, 10:36:19 PM
...

Yes, I would take the money and run.

Another interesting question would be to have asked if each Voter were a "small" HODLer or "large".  I would bet that many larger holders would sell and move on..  ("Small HODLer" here)


EDIT: Besides, because no one can predict the future (and unknowable technological change)...

What is a small or a large hodler. If I have 1 BTC am I a small or a large hodler. What if I had 5? 10? For 1 person 100 thousand is going to be a small fortune, for another pocket money.

In my case it would be very tempting because just 200 thousand dollars would allow me to realize all my current dreams. On the other hand I'm not in need of money now. If I got it all at once I'd quickly spend it and realized 10 years later that I did not really need those things and if I held my coins would be worth more.

I choose no. I prefer to take my chances especially that I'm getting some coins every week I spend here. Agreeing not to be involved in bitcoin would end that.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: logfiles on December 13, 2020, 10:47:41 PM
There are so many factors at play here;
1. What was the price I bought the bitcoins at before the rise?
If I bought Bitcoins at less than $3K and it hit $100,000, of course I would try to cash out some. I mean what's the point of just stocking Bitcoins minus spending any?

2. How many bitcoins do I actually own?
The urge to cash out when I have 100 BTC ($10M) would be far different from the one if i had only 0.1 BTC ($10,000)  ;D

But to be honest, I wouldn't withdraw all the bitcoins and I don't think I would stop the game I would keep some for the future (family and grandkids)



Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: harizen on December 13, 2020, 10:56:41 PM

A tough question for me.

$100,000 is already a life-changing amount and for long-term goals, even without touching again the BTC, the amount can be used on opening up a business and won't purely rely on bitcoin moon price to make a good profit.

But my direct response for now, NO @ 100%. But if there's a thing that will give me enough reason to pursue it then YES, I'm not closing the doors. In other words, depends on the given situation.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: jahepahit on December 13, 2020, 11:17:15 PM
Not returning to the game is a big clause, I won't underestimate the power of bitcoin. Very hard to call but I will remain in the game for life and hold my bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: dunfida on December 13, 2020, 11:52:42 PM
There's no reason for you to accept such offer if you do have lots of coins into your stash. $100,000 wont really be enough nor be convincing if you do have lots of coins
into your wallet to know the reason or the probability of bitcoin to go in new heights which would potentially able for you to earn more.

Not only on the profit or money making side of things on why i wont quit on engaging towards bitcoin but also into its usage when it comes to transaction making.

Not all would really be that selfish on dealing with things just for a mere amount( for rich guys) for them to stop to touch bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: samputin on December 13, 2020, 11:59:38 PM
That's a tough decision to make. $100,000 is worth so much when converted into our currency. But, I would also be skeptical about the offer. I mean, why would someone offer me such an amount? There's probably something he knows about bitcoin that I might regret after making a decision. It might be at its highest value when I come to the point of selling it. So even if $100,000 is no joke, I'd probably respectfully pass. I appreciate the offer, though. But I think I have come long enough just to sell it and never come back. Bitcoin has already become a part of my system and I am happy with how I am earning with it. :)


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: aesma on December 14, 2020, 12:08:56 AM
Like I see when reading the answers, 100 000$ is not the same thing depending on where you live. I'm European so that's a big amount but not enough to buy a house where I live for example. For an American it could just be one year salary, not really life changing.

In poorer countries, that might make you the richest person in town.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: btc_angela on December 14, 2020, 01:43:33 AM
It's a dilemma specially for average Joe who don't have enough bitcoin in their wallet. Perhaps if you own 1 BTC already and you can live comfortably with $100,000 in your country then I guess it is ok.

However, for majority of us who can't even get close to 1 BTC then I would say no. I will try to accumulate as much as I can not just for myself, for my kids as well. We really don't know what will be the price in the next 10-20 years, so we should also long for the term term effect even if it reaches 5 digits already.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Lorence.xD on December 14, 2020, 03:55:06 AM
It's a dilemma specially for average Joe who don't have enough bitcoin in their wallet. Perhaps if you own 1 BTC already and you can live comfortably with $100,000 in your country then I guess it is ok.

However, for majority of us who can't even get close to 1 BTC then I would say no. I will try to accumulate as much as I can not just for myself, for my kids as well. We really don't know what will be the price in the next 10-20 years, so we should also long for the term term effect even if it reaches 5 digits already.
1BTC at 100k is enough for me to go for a retirement in my country at 35 at the very least. I do agree that it is hard to accumulate the amount but this is all hypothetical so nothing can hurt, for me I would definitely go for it and use that money to go do some business that can sustain a simple life, and as I said earlier retire at 35 and pursue my other goals since I have a lot of free time, having a lot of money and not knowing where and when to spend it on does not make any sense to me.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Sithara007 on December 14, 2020, 04:01:39 AM
With my current coin holding, I would be able to procure a decent amount in case I sell them for $100,000 per coin. And since I am residing in India, where cost of living is quite low, I will be able to purchase a decent house with that amount (currently I am living in rented accommodation). But still I need to find a full-time job, to support my expenses, as the remainder of what I have after purchasing the house will not last too long.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: ice18 on December 14, 2020, 04:09:19 AM
Its a best offer and I will agree on it but on the condition that I can go back into altcoins since the rule is only for btc I will for sure use the 50% of it to buy some really promising altcoin like eth,link and use the half to my own business.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: pecson134 on December 14, 2020, 04:31:36 AM
I would pick yes for this one since I'm not a fan of high risk with high profit since I'm afraid losing all just to gamble to a higher ROI. I would rather sell my BTC for 100,000 USD and settle for that without going back again and from there I would make it as a capital for other business.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: acroman08 on December 14, 2020, 04:38:38 AM
-snip
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?

-snip
I would most likely say yes If I have enough bitcoin to last me a lifetime(and more) if I sold it for $100k per coin. but the reality is, I don't even have 1 bitcoin. so, No, I wouldn't sell my BTC. besides, it wouldn't be worth it for me especially with the tons of possible opportunity you can explore with bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: lovesmayfamilis on December 14, 2020, 09:26:09 AM
I looked at the voting rating, and I see that there are people among us who believe in bitcoin.
But let's take into account some points. Yes, I read about the fact that bitcoin will grow significantly high, someone predicts growth to 100 thousand or even up to 350 thousand next year, and someone predicts not such a quick time frame.
There are people among us who live in not very prosperous countries, and such an amount would be necessary for them, plus you can add age here. Young people, in my opinion, are simply obliged to keep bitcoin, since the future will be associated with bitcoin. But there are people among us who are waiting for retirement, I think in this case they should not be condemned for selling.
Bitcoin is designed to be a support for every age. :)


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: acquafredda on December 14, 2020, 09:31:05 AM
It is all relative, especially if I think that $100 000 will not be valued $100 000 tomorrow. I believe, in the end, it really depends on the personal circumstance of us all. I personally do not need that money now and I can wait longer. Mostly because I recognize what Bitcoin can give me (apart from the money). These are really tough times and knowing to be holding something in my sole control gives me quite a great sense of security.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Lucius on December 14, 2020, 11:14:54 AM
Getting $100,000 per coin for every Bitcoin I hold (or fraction of Bitcoin I hold) at the expense of having to sit out what I consider to be the biggest financial revolution of the century while we are still in 2020?

Of course, I was thinking of a case where the price of 1 BTC is $100 000, so if someone has 0.10 BTC they would have the choice to get $10 000. So far, the result is very interesting, and I fully understand those who voted for Yes - because we are not all in a situation where we can only hold if we are given such an opportunity. As some others have already commented, that amount in a third world country is a real fortune, somewhere in the US or Western Europe it is not really considering the standard of living and wages.



I personally voted for No, because I think that BTC will be worth a lot more in the next 5-10 years, and since I live in Europe like some others who post in this thread, even 10 BTC at that price would not allow us to be financially independent for the rest of our lives. I also hope that in the future the price will be stable, and that we won't even have to sell BTC for fiat to pay for something.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: nelson4lov on December 14, 2020, 09:26:59 PM
Like majority of people, I voted No. However, I'd like to point out a few things.  Frankly speaking, I would readily jump on the offer to sell my stash of BTC at a price of $100,000 but the option of having to leave the game and miss out on all the benefits that bitcoin currently offers is a bit far fetched. One of the things I've learned in my trader journey is to always take profits and not leave money on the table. Prior to transitioning to a trader, I was an investor who is more interested in holding and waiting it out and not touching my holdings for long term. If I'm handed such an offer with the opportunity to still remain in bandwagon with the possibility to buy buy lower, then it's a yes for me. Otherwise, a big NO.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: hd49728 on December 15, 2020, 01:59:00 AM
Quote
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?
$100,000 per bitcoin is a dream but it is possible. 5 fold from the 2017 all time high and it is not a big growth if compares to the growth of past all time high (2014) to 2017 all time high (about 20 fold).

Despite the very high price of the offer, I believe if a person has already been crypto market for years or about 1 year, it will be impossible to force that person to not touch bitcoin or crypto again. It is an addiction, crypto addiction.

I have never imagined that I will totally leave the crypto market for any subjective reasons.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Innerpumper on December 15, 2020, 03:05:27 AM
If I am currently offered to sell all my bitcoins for $100k then I will sell them, it will definitely be very profitable for me, and I will be back at the lowest possible price as I predicted. I think as long as the internet is still there bitcoin will never die. While the internet is there it is not too late to invest in bitcoin.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: panganib999 on December 15, 2020, 05:34:17 AM
Quote
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?
$100,000 per bitcoin is a dream but it is possible. 5 fold from the 2017 all time high and it is not a big growth if compares to the growth of past all time high (2014) to 2017 all time high (about 20 fold).

Despite the very high price of the offer, I believe if a person has already been crypto market for years or about 1 year, it will be impossible to force that person to not touch bitcoin or crypto again. It is an addiction, crypto addiction.

I have never imagined that I will totally leave the crypto market for any subjective reasons.

Yes, it is possible and tempting but I guess I might not into it because I guess when I continually go into the game I might earn as much as the offered exchange for the bitcoin. Think of it. It might be a long run for me, but I guess I might experience a lot of different things while I was earning. Besides, I will not only stick on one possible way of earning bitcoin but I will multi-tasked in others too. And also, I agree to the idea that a person that is into bitcoin for a long time can't able to stop into the process. He will continually get into the game because of the experiences and of course the familiarity of how he earns and how can he earn. He might be able to have struggles if he switch and never go back to the game.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: NotATether on December 15, 2020, 06:15:55 AM
Getting $100,000 per coin for every Bitcoin I hold (or fraction of Bitcoin I hold) at the expense of having to sit out what I consider to be the biggest financial revolution of the century while we are still in 2020?

Of course, I was thinking of a case where the price of 1 BTC is $100 000, so if someone has 0.10 BTC they would have the choice to get $10 000. So far, the result is very interesting, and I fully understand those who voted for Yes - because we are not all in a situation where we can only hold if we are given such an opportunity. As some others have already commented, that amount in a third world country is a real fortune, somewhere in the US or Western Europe it is not really considering the standard of living and wages.

I think a more realistic question would then be "Would you sell all your BTC for 10x the profit".

Right now if someone were to buy 1BTC that's almost $20K. When that value becomes $100K then that 1BTC will be worth 5x its buying price. It doesn't make any sense to sell it for a net profit of $80K and never buy BTC again.

However if the figure was 100BTC for $20K each then we are looking at a purchase worth $2 million. Selling that at $100K will make a profit of $8 million. There are practical problems with selling such large amounts though: Assuming you complete KYC, all exchanges have selling limits and they'll probably still investigate your account if you try to sell more than $100K worth at once because it's bad for their BTC/USD price index on their exchange and for the global price in general. I don't think even selling/buying 10BTC ($800K/200K respectively) at once is practical anymore.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: aesma on December 15, 2020, 11:58:19 PM
First of all, I don't think BTC going to $100k anytime soon. And if goes to 100k, I would sell all my bitcoin and short 5X all in =) and come back after 3 months. Well If it goes to 100k, lots of new millionaires will be in this forum. It will be good for the long-term holders as well as new people who got in BTC recently. Hope it goes to 100k though.

Selling some at that price would be sensible but selling all one's holdings, becoming a nocoiner, and worse shorting meaning risking the money you got from selling, that's a huge risk. I can't believe a true hodler would do this.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: nicecrypto on December 16, 2020, 08:36:47 AM
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?
That's really a good question but I think you should have wrote fixed price because people with 0.0001 btc or similar amount will write an answer that should be digressional.

Those, who answer - YES, are a type of people who prefer "an egg today".
Those, who answer - NO, are a type of people who prefer "hen tomorrow".

Right now, my personal answer is following:
Despite the fact that I would get great profit that would be enough to launch a profitable business, I wouldn't make such decision that will not give me a possibility to use bitcoin in future. We should follow trends, be creative, past is past, we develop. If you stick with the past, you'll never develop. Maybe not only bitcoin but cryptocurrencies and blockchain technologies are future in overall. Most companies invest their assets in bitcoin, most companies adopt bitcoin and what do you do in this case? Saying no to it in exchange of $100k on each? Isn't there a high chance that bitcoin will ever surpass that $100K?

Long story short - I prefer "hen tomorrow" so no, I wouldn't sell bitcoin even for that price because I'll lose the future possibilities.


Remember in every tomorrow there is always another tomorrow, there is a popular say that goes "A bird in hand is better than a thousand in the bush" i say yes because i don't know what tomorrow will bring, probably btc will disappear or i won't be around to see it (i hope to see it by God's willing) at least i can see what today hold, and $100k for every btc i own is what i see  ;D
And what is point and fun in having something you want to hold forever and not use, hold till your dying days :-X


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: SmokerFace on December 16, 2020, 08:44:16 AM
Nah I'll keep using Bitcoin for trading whether it's  10,000 or 100,000 selling all and never going back to the game will take each day %profit from my portfolio which I wouldn't want  ;D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: jaberwock on December 16, 2020, 11:01:08 AM
Hmmm this is a tricky question because some of us are interested in both what Bitcoin represents and also we want to get the profit. As much I love Bitcoin , it doesn’t mean that if I see the opportunity to make profit that I am not going to take it, I will go for that. So to answer your question I am going to say yes.

If I am offered $100,000 for all my coins to stop making use of Bitcoin (although I know this is never going to happen) I will take the deal. That aside, I want to add that Bitcoin is also important to me because it made my business very easy for me and it is cheap to make use of it compared to other means, I don’t have to pay monthly fees for receiving and holding coins or whatsoever, and the fees for transaction is low. So it’s important to me as a method of transaction as well.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Lucius on December 16, 2020, 02:27:01 PM
hector3115, quite understandably, time is not something we can buy no matter what wealth we possess, so this question does not carry the same weight for someone who is 20 years old, as opposed to someone who is say 50 years old. I'm not a pessimist by nature, but a lot of bad things can happen in 10 years - and when those greedy leeches from Wall Street get seriously involved in the game, the question is what will happen to Bitcoin.



Despite the very high price of the offer, I believe if a person has already been crypto market for years or about 1 year, it will be impossible to force that person to not touch bitcoin or crypto again. It is an addiction, crypto addiction.

The question is, of course, hypothetical - but let's say that someone who would sell under such conditions could no longer legally buy Bitcoin. I certainly agree that we could call it a kind of addiction, and despite all the prohibitions, people always find a way to get what they want.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Nhor1011 on December 16, 2020, 02:42:05 PM
$100,000/BTC is really a huge amount if ever. If I could find another investment I would probably be able to sell all my bitcoin for that amount but if my only focus is on crypto, I think it is difficult to leave the cryptomarket and I will definitely not sell my bitcoin and continue to invest in it without leaving the world of crypto.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: dothebeats on December 16, 2020, 02:49:20 PM
Bitcoin already sealed the deal for me on how I view investments, and perhaps I will just carry bitcoins with me til the end given that its value appreciation isn’t stopped by any means. I will, for sure, sell some here and thete but ultimately be keeping a lot in bitcoins than cash. Since I don’t have plans to start my own family, I may just as well leave the keys to a charity soon — if bitcoin is still relevant by then.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Casdinyard on December 16, 2020, 05:15:58 PM
It is a huge amount to imagine and  I guess would be enough to settle for assurance. But when it comes to whether you will invest again or not, that would depend. Ofcourse why will you throw away an opportunity if it could give you more than what you have earned? Things will now depend on your discipline as an individual. I would probably be back again to this investment but I'd sure most of the 'winnings' will not be at risk. For an instance I'd invest 10% of it and the remaining would be for things that will benefit me in a long run but in a more assured way. Bitcoin investment is a good long term plan but certainty is lacking on how things will occur in its nature. But if it is obvious not to, I won't be a fool to still choose investing and gambling my luck on investing into it. Matter of seeking practicality, I guess.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: TedMosby on December 16, 2020, 07:19:02 PM
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?

considering I don't have many bitcoin, even 1 bitcoin, I won't do that.
but, if I have at least 5 BTC, I will do it for sure (or maybe not really sure).
I think you need to state if we are still allowed to be involved in bitcoin or just simply don't own bitcoin. because, I still want to hang out around here, talking about blockchain and crypto.
cryptocurrency is an addiction, you can see many people collect useless token even it has no value.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: acener on December 16, 2020, 08:20:29 PM
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?

considering I don't have many bitcoin, even 1 bitcoin, I won't do that.
but, if I have at least 5 BTC, I will do it for sure (or maybe not really sure).
I think you need to state if we are still allowed to be involved in bitcoin or just simply don't own bitcoin. because, I still want to hang out around here, talking about blockchain and crypto.
cryptocurrency is an addiction, you can see many people collect useless token even it has no value.
Exactly the same answer that I was thinking but I still doubt that 5 BTC would be enough,
To be honest here I think that BTC have a chance on hitting that price but it would take so long.
But it would be a tough one if I have at least more than 10BTC maybe I could consider the offer and look for something else to invest but it would be hard for me knowing that crypto currencies are the future.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: eucalyptus on December 16, 2020, 08:46:48 PM
Well, it depends on when the price will reach $100.000. If the price rockets that level in 1 year of course I would sell. I could wait for a correction. But if the price reaches those levels in 5 years, I would continue hodling.

I am a Bitcoin maximalist. I hodl half of my Bitcoins since 2017. But as I said if it happens in 1 year I would sell and wait for a correction that's the truth.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: TedMosby on December 17, 2020, 05:23:44 PM
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?

considering I don't have many bitcoin, even 1 bitcoin, I won't do that.
but, if I have at least 5 BTC, I will do it for sure (or maybe not really sure).
I think you need to state if we are still allowed to be involved in bitcoin or just simply don't own bitcoin. because, I still want to hang out around here, talking about blockchain and crypto.
cryptocurrency is an addiction, you can see many people collect useless token even it has no value.
Exactly the same answer that I was thinking but I still doubt that 5 BTC would be enough,
To be honest here I think that BTC have a chance on hitting that price but it would take so long.
But it would be a tough one if I have at least more than 10BTC maybe I could consider the offer and look for something else to invest but it would be hard for me knowing that crypto currencies are the future.

I live in a third world country, with the conditions that have been mentioned on this thread, it could be enough for me  ;D
with $500,000, I can split it into stock and property investment. I will get income yearly from dividend and monthly from renting the property  ;D
it would be a comfortable life (as far as I can imagine) for me.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: mezzaluna on December 17, 2020, 05:58:15 PM
This is such an interesting Ultimatum that is somehow timely since we all know that there will be a moment in our lives that we really would stop using Bitcoin along with other Cryptocurrencies.

Imo, I would sell my Bitcoin for that kind of value since the value of that kind of money in our country is already enough to at least create a small business that would easy to sustain and produce enough profit for me to keep living day to day. This is not the fact that I'm turning my back on Bitcoin but creating something out of that knowledge I learned through out the years of learning and studying cryptocurrencies. I mean, I am gonna get old and I know that there would be a time in which I won't be able to pick up another electronic device that would help me access Cryptocurrencies so I guess my answer would be yes provided that I would get my plans right.

It's really a good decision for me to learn Cryptocurrencies but I really know that for myself, its not the kind of industry I will be staying.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Kong Hey Pakboy on December 17, 2020, 06:05:32 PM
From my perspective, it is a very hard decision if you would accept the challenge that you will sell your bitcoin when its price hits $100,000 and never buy again because bitcoin is just like an endless stream that you don't know when will it end or what will be its last price. It is why you are missing a much better chances and opportunity in the future if you would stop buying bitcoin, even it takes a very long time for bitcoin to increase it's price.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: -doubleU- on December 17, 2020, 09:29:30 PM
$100k/BTC is really a huge amount for that i must work hard in my normal live but I think in the $ 100 000 price range the spread for the dips and highs isn't that big that I could sell my coins and buy new short time later to have loads of free satoshis more with one trade in my Wallet. If I got an offer like this, it would be an indicator to me that BTC will move up more. So i think i want not sell my coins and Hodle for Moon


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Nellayar on December 17, 2020, 10:31:55 PM
Hmm...
Actually I am ready to sell my bitcoin when it goes 40K usd. I already set my target between 30k to 40k usd (if that happens). But as of now, I sell 50% of my bitcoin when it went 23500 dollars. So that, I have no regret anymore. If I am going to sell it on 100K, I will always rebuy again when it goes down. But I am sure that it will not goes that price far as of now. We have to wait for several years before we can see the precious of bitcoin. 100K usd is really a high price. Yet, there is no impossible in btc.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: kawetsriyanto on December 17, 2020, 11:32:19 PM
Everyone has their own right to sell all their Bitcoin at any rate. But it doesn't seem like a crypto lover if you plan to quit or never go back after you are successful to get a big amount of money. Holding your Bitcoin isn't only about the way to gain money but supporting the existence of Bitcoin itself. Also, this way, makes you be a part of the Bitcoin community that supports its improvement all time.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: aesma on December 17, 2020, 11:38:53 PM
Well, it depends on when the price will reach $100.000. If the price rockets that level in 1 year of course I would sell. I could wait for a correction. But if the price reaches those levels in 5 years, I would continue hodling.

I am a Bitcoin maximalist. I hodl half of my Bitcoins since 2017. But as I said if it happens in 1 year I would sell and wait for a correction that's the truth.

But surely you wouldn't sell everything ? Wouldn't you keep at least 1BTC just in case it didn't crash but instead got to 1 million $ ?

I know I would. In fact it's my plan. Don't sell anything until 100000$, at that point sell some to buy lower, then maybe continue selling as the price goes up, but always keeping 1BTC for the million.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: thecodebear on December 18, 2020, 05:14:30 AM
Of course I wouldn't take that deal. I already plan on selling around $100k in only about a year or so before the next peak, and then let it crash and get back in lower. That's a terrible deal to take!


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Justin999 on December 18, 2020, 11:07:11 PM
$100k is huge amount for me, Afterward it hard to choose one from any of those. I had trust on bitcoin but didn't though bitcoin can run so fast.but after realise that, I am not going to sell it. Because now i know that, btc will go higher and that $100k is not a big thing for bitcoin to cross.so I'm not interested with your deal, rather i would like to enjoy the game and wanna take full advantage of it.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: bitkanu on December 18, 2020, 11:24:56 PM
That condition is actually non-sense condition and it will never happen.
Btc already expected to go even higher than 100k i do believe bitcoin will worth 1 million USD in the next decade. You will always have a chance to buy and buy bitcoin from the market and such condition will never happen for sure. i won't be a delusional person.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Rengga Jati on December 18, 2020, 11:30:35 PM
will be there any official sign about this? How if someone chooses the $100.000 and someday he turns back with another anonymous person, or they told somebody else to play in the game again? It may not be easy, but for now, I have no 1 Bitcoin so that it is very difficult for me to decide. But probably I will pick that moreover I really need money for now. And then, I can use some of them to invest in altcoins?  ;D ;D ;D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: eaLiTy on December 18, 2020, 11:40:03 PM
I am booking my profits whenever i feel that the market is going for a big correction and most of the times it is hard to predict exactly how the market will react, the game continues and even if i sell all my coins i will be purchasing once there is a correction and the market settles down irrespective of the higher valuation and even if the price reaches a million dollar and booked my profit i will be in the game.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Noctis Connor on December 18, 2020, 11:42:15 PM
Nope never going to sell my bitcoin i will hold till i want too because i made up some good profit in bitcoin even bitcoin reach $1m dollars still doesn't need to sell it bitcoin helps me in many ways, I started to used bitcoin which is from the bottom , but its only for me and we had the different decision to made it is up to us if you really want to sell or to hodling since we are in pandemic and financial are the most needed to support our daily basis but when you are in trading and making a good profit daily or weekly then you can sell bitcoin every month like i do.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: coolcoinz on December 19, 2020, 09:20:36 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: fauzan123 on December 19, 2020, 09:33:13 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: DeathAngel on December 19, 2020, 10:24:27 PM
I will never sell all of my bitcoin, I’ve been in this game & HODLED since 2014. Sure I’ll sell a % during this bull run but why would anybody want to be 100% in fiat? Bitcoin is the best asset in the world with huge room for growth upwards. Only an idiot becomes a full NOCOINER.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: cr1776 on December 19, 2020, 10:33:27 PM
I voted no, but given the phrasing of the question, a yes is tempting:  sell it now, then get my spouse to buy 4 X as much back right away.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: dunfida on December 19, 2020, 11:01:13 PM
I will never sell all of my bitcoin, I’ve been in this game & HODLED since 2014. Sure I’ll sell a % during this bull run but why would anybody want to be 100% in fiat? Bitcoin is the best asset in the world with huge room for growth upwards. Only an idiot becomes a full NOCOINER.

They cant just accept the risk and tend to play in the safe side.Just let them be and made out those decisions on selling their stashes but for sure they would just come back
and cant resist on what this cryptocurrency market would offer when it comes to potential gains.Its just dumb for someone to sell up for the amount of 100k if he can make
lots even more with just simply holding for future years to come but to say the reality that this will be just sensible to be done for those people who held lots of coins.
For those who havent then dealing with 100k will be their best shot specially to those who do just hold 1 BTC. They wont wait for the price to cling up to 100k
if they can just accept it in no time.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: btctaipei on December 19, 2020, 11:32:18 PM
it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:

@ 100BTC that is $2,300,000 that isn't too bad but you can not load $ into any bank (maybe local currency if your country don't care).

to be clear at $100,000 that is $10,000,000 for 100 BTC, or around 300,000,000 twd.  Even with several convenience store it will take many many month to get this in without being noticed.

But if you have alot more (say 5000BTC) then it becomes an real problem.  Not to mention possibly of old fiat bills no longer will be used (similar to what happen in India recently)


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: gmaxwell on December 20, 2020, 09:43:57 AM
it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:
In the US you can easily move millions of dollars into and out of bank accounts without it being a big deal. At least for just a couple million it doesn't usually generate any remarks from bank staff-- or if they say anything they just assume you're buying an expensive home or selling a business.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Sapphire915 on December 20, 2020, 10:23:38 AM
I voted yes. That was a huge amount of money if I owned even just a few Bitcoins. I can absolutely start a new life away from Crypto and there are lots of physical investments that I can possibly start with. Its not that I don't love Bitcoins anymore why I wanted to quit. Its just that I need to rest my eyes from always focusing on the computer monitor almost the whole time each day. My love, respect and trust with Bitcoins will always remain as it is my main financial source for a long time. But, somehow there are a lot of things that we need to decide for our own good especially if it is related to our health.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Alucard1 on December 20, 2020, 11:08:42 AM
As of now, maybe I will take it because I badly need money but if it is not then I will ignore that kind of offer, I know that bitcoin has a good value in the future, and maybe it could reach over $100k, the person who will accept this kind of offer are those who don't have strong beliefs with bitcoin or those who need money for these days but if they do not need it for now then for sure they will also ignore it as well. You can still earn more money than that with trading for so many years.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: UserU on December 20, 2020, 11:29:04 AM
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 ;D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: bryant.coleman on December 20, 2020, 12:01:12 PM
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 ;D

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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Vishnu.Reang on December 20, 2020, 01:01:10 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Tahid12 on December 20, 2020, 05:04:05 PM
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!


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Mulann2 on December 20, 2020, 05:08:58 PM
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  :-\


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: JahriMeayer on December 20, 2020, 05:22:22 PM
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


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: ven7net on December 20, 2020, 05:32:10 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: aesma on December 20, 2020, 06:38:45 PM
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 ?


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: coolcoinz on December 20, 2020, 06:53:41 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Nazmul012 on December 20, 2020, 07:06:40 PM
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


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: menoiazei on December 20, 2020, 07:37:50 PM
NO Way  ;D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: ipanks on December 21, 2020, 09:27:21 AM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: gaston castano on December 21, 2020, 09:47:59 AM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: AGD on December 21, 2020, 10:48:13 AM
My wife says yes while I say maybe  8)


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: satria157 on December 21, 2020, 11:06:34 AM
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 :D


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: LittleBitFunny on December 21, 2020, 11:20:43 AM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Smartprofit on December 21, 2020, 12:07:36 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Eureka_07 on December 21, 2020, 01:11:12 PM
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.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: lifeforcepools on December 21, 2020, 01:31:35 PM
That would be a good plan. But I would have done it differently now.


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: bitzizzix on December 21, 2020, 02:53:31 PM
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


Title: Re: Would you sell your BTC for $100 000, and never go back to the game again?
Post by: Lucius on December 21, 2020, 03:27:18 PM
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.