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Title: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: adamstgBit on June 21, 2012, 09:52:21 PM Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: SkRRJyTC on June 21, 2012, 09:59:42 PM While this is true: The higher it gose the more i wana hold on to them!
I still better sell 90% at $1000 Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: proudhon on June 21, 2012, 10:13:53 PM While this is true: The higher it gose the more i wana hold on to them! I still better sell 90% at $1000 I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out. Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: SkRRJyTC on June 21, 2012, 10:21:50 PM While this is true: The higher it gose the more i wana hold on to them! I still better sell 90% at $1000 I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out. True enough... even now, Coinabul's prices will be pretty irresistible if we go over $10 again. I think I would rather buy some stuff than 'cash out' too. Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: nimda on June 21, 2012, 10:29:00 PM I don't plan on cashing out. I want my bitcoins to be useful, goddammit! I'm only putting money in. I buy things with them and I invest them. Why would I cash out to an inferior currency? Only because I wanted to buy something only available with that currency... and like proudhon I sure hope that when Bitcoin reaches its full potential, I will be able to buy almost anything with bitcoins.
Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: casascius on June 21, 2012, 10:30:59 PM I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode.
Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: proudhon on June 21, 2012, 10:33:05 PM I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode. Well, yeah, there's that. Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: BoardGameCoin on June 21, 2012, 10:38:51 PM I would cash out if I felt that bitcoins were grossly overvalued for the non-speculative demand I felt existed at the time and that as a result the price was likely to implode. Exactly, e.g. if it went to $15 in the next few days I would cash out, but if it went to $15 in the next year I probably wouldn't. -bgc Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: cbeast on June 22, 2012, 02:01:35 AM I would sell 90% at $10k in gold. The rest I would save for retirement. 8)
Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: adamstgBit on June 22, 2012, 02:43:30 AM lets say the people Really do start DUMPING the EUR for BTC ( call it a "bank run gone bitcoin" )
so the EUR will be dropping while the BTC rising, causing more bank runs gone bitcoin, in few weeks the EUR is worthless (or months cuz the government will only allow them to take out 300EUR a day?) would the collapse of the EUR effect other currencies? Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: mccorvic on June 22, 2012, 04:25:21 AM While this is true: The higher it gose the more i wana hold on to them! I still better sell 90% at $1000 I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out. +1 Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: cbeast on June 22, 2012, 04:29:59 AM lets say the people Really do start DUMPING the EUR for BTC ( call it a "bank run gone bitcoin" ) srsly?!? only 300 EUR a day? That's scary.so the EUR will be dropping while the BTC rising, causing more bank runs gone bitcoin, in few weeks the EUR is worthless (or months cuz the government will only allow them to take out 300EUR a day?) would the collapse of the EUR effect other currencies? Title: Re: [Daily Speculation Poll] :: Everyone has a price, or do they...? Post by: byronbb on June 22, 2012, 04:37:40 AM While this is true: The higher it gose the more i wana hold on to them! I still better sell 90% at $1000 I hope that if the price ever goes into the hundreds there's a robust enough bitcoin economy that I don't need to cash out. Exactly. If they are ever worth a lot of money then you will be able to buy many things with them without needing fiat. |
