Bitcoin Forum

What will you do if bitcoin goes to $100 for multiple months?


What will you do if bitcoin goes to $1000 for 36hours only?

Did you buy BTC at 1200$ ?
That would explain your forum nickname :D

Answer to the both questions for me would be hold.

a quick answer hold my BTC
i only sell them when i need cash and right now i don't need cash :P

If Bitcoin goes to $100, BUY BUY BUY!

Free money is free money, who doesn't like to make free money by "buying the dip"?  Scared money don't make no money.

Exactly. Buy and hoard.


If I know that Bitcoin will go to $1000 for only 36 Hours, then that would mean that I have the power to predict the future, and so I can solve all future blocks and be rich. Lol.

Sell off ⅓ to ½ of my coins.

Buy at 100.  1000 hold long term.  Might be able to sell and buy back.   Just depends on market.

$399
Who purchased bitcoins today?

People with a lot more money than me.
1. Folks dollar cost averaging their average BTC cost down.
2. People who don't think it will go much lower and want to own.
As I posted earlier, BTC are the electronic equivalent to gold and diamonds. The value is in the eye of the beholder and price can fluctuate a lot.
In the BTC case, if the big miners are the ones who are selling because they must to keep mining, then we are seeing a forced liquidation that will squeeze them ever tighter. Be interesting to see what happens to the hash rate at $200 BTC price.

BTCBTCBTC  :D
In my opinion the forced liquidation would mostly squeeze out small miners. I am sure most big miners are not depending on monthly earnings to convert bitcoin to fiat to pay services or maintenance, if they did it's probably from previous earnings.

I wouldn't wait till 100. I bought most of my coins at 400+ so if it goes any lower I'll be forced to sell.
If it went to 1000 again I'd watch the charts closely to be ready to sell in case we repeat the winter crash  ::)
Also BTC going to 100 would mean the whole project has failed, and there's no point in buying. Innovations are either on a stable rise (which means they are appreciated) or go down.

Bitcoin will go back to ten bucks soon

Really?  How soon?  I'd sure like to know, prognosicator.

As soon as BFL files for bankruptcy.

PS:
It's prognosticator.

If BTC goes to $1k I will sell definitely ,otherwise hold.BTC is intended for growth,right now it's facing obstacle which it will overcome sooner or later.

will sell my stash if bitcoin goes to 500 euro

$1200 will be a very good range for selling.It be profitable for me at that price.I will sell definitely even if the chance is for just 36 hours.

The price issues is more directly associated with the low trade volume of BTC

There just isn't a big enough world wide demand/use of BTC to sustain a daily value higher than $400 to $600 USD

1) what you do when all money in your bank only "rise" to 0,6% ... when inflation is at 3% ?

2) bear trap, not my cause ... bitcoin is a inflation protection, if you want speculation, deal with it.

I'll buy 100 BTC

I'll sell 20 BTC

I wait price goes up again


I sell all, wait the price goes down and invest all my money in BTC

in first condition i will hold

and at second condition
"i will still hold them"  :P

That would be very stupid thing to do. If btc would rise to 1200$ you could bet it would go to at least 2000$. It won't come to ATH and not burst through it.

Same here.

Nothing

Watch those who bought at $1000 pussy out :)

I have no btc, so i will buy some when the price down to $100.

and if it goes $1 = 1BTC and it's take up becomes greater as everyone can see it's potential as an electroinc dollar? (instead of applepay etc)

Not true.

There are lots of ways to measure the success of bitcoin (e.g. adoption by merchants, adoption by consumers, transaction rate, just to name three), that are independent from bitcoin price. The best investment situation in the world is when the fundamentals are good, but the market acts like the fundamentals are bad. That's the situation we're in now.

I would hold in both cases since I bought at a lower level, and if I converted in fiat in my country I would have to pay too much taxes for it to be worth it. Better wait for higher rates or spend it bit by bit when I feel comfortable. :)

What percentage would you have to pay in taxes if you cashed out now?