Bitcoin Forum

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

unaware

what what what

At this time I will cash out the remaining bitcoins I have in bulk if I see a price I like. But I am making new bitcoins all the time now which I am keeping as bitcoin for the time being.

buying a modest home is my dream.. but that's not happening for a while. i don't have enough coins to buy a house until bitcoins grow by an astronomical amount - a number that we may not ever see.

If people don't sell then hopefully it will grow :) if it's self sufficient.  Though I bet people will start getting twitchy around $500 if they see one $ drop then everyone will be trying to under sell and then a collapse maybe? I dunno.

i would buy a big house and a technology company like apple :)

By the time I want to sell my bitcoins, I will not need.

This balloon is getting ready to POP! Grab your beer and ammo and head for the hills!!  :o

I'll sell when it's worth around 1 mil.

The problem is that when 1 BTC = 1 million USD then 1 million USD may buy you a car (maybe)

I'm holding to when I can shop for groceries with it.

Please explain the term "Full Owner" I am confused.

Apparently, someone who holds 21 Million BTC  ::)

Maybe the owner of at least one full BTC?

That will be the first carrot bought with BTC.  ;D

I'm not a true owner. If it gets  to a very high amount I will probably be selling.

I am with rabbit on this one... I have quite a few BTC to make me... happy.
There is no way I am letting them go.

I would love to see BTC integrated into retail and grocery shops... and I truly believe it will happen.
Look at the pub that accepts FTC! 

In the US we can put BTC onto gift cards and go to Walmart and get groceries.  I have not done it yet though.  I am holding on my coin for as long as possible.  Especially with rises like today.  Who know where it will go.  Granted, it will probably drop at some point too but it is looking good right about now.  ;D

Shoot... I remember a year ago it was like $5.00/each. 
People said it was maxed and would not go any higher.

Then it hit $20.00 a piece.
$50, $100, $200, back to $100, and now look.

Where will it be in another year?  ;D

~ $1000
and after the block reward halving in 2016 (I think) it will be much higher.

Yeah it did drop last night from $368, just woke up and it's $345 but starting to rise again.  At least on the mtgox graph.  But I suppose it's expected as the twitchers sell at the first instance of a drop.

Or a cup of coffee like in the weimar republic when they had to take a suitcase of money to eat at a restaurant.

No and no.
You can exchange it into some other more valued currency anyways.

no one has allegiance to Bitcoin  . Only what Bitcoin can do for them. This is our nature.

If we could buy apples at $1 and sell them a week later for $5 that's were our focus would be. People only want to exploit bitcoin for what is can do for them. I do not think people have any real sentimental attachment toward Bitcoin

I'm pretty sure it's possible, somewhere.

Okay, to rephrase- I'm saving for when I can buy groceries, anywhere.

You mean everywhere.

You don't have to guess when it will happen:  

http://bitcoinclock.com

Reward-Drop ETA: 2016-09-25 02:02:27 UTC (149 weeks, 6 days, 12 hours, 30 minutes)

As of this posting.

Thanks for sharing the link, very useful.

Nobody wants to buy BTC from me, so maybe they'll sell vehicles and real estate I want for it someday when BTC is >$999 and stably so.

I will buy them if you are selling them for a very good price ;)

im holding 50% of my coins and trading the other 50% to get more to hold :)

Q1 2014.

/thread

^ This

If you have a US shipping address, here's a bunch of stuff you can get at grocery stores...
http://bitcoin-otc.com/vieworder.php?id=18382
http://bitcoin-otc.com/vieworder.php?id=18383
http://bitcoin-otc.com/vieworder.php?id=18384
http://bitcoin-otc.com/vieworder.php?id=18385

He probably meant at a local scale.

"If it got to 100$/minicoin" is visions of sugarplums. It's a distraction.

I have a stash of BTC, not because I think the price will someday reach X, but because I think that someday I will be able to buy vegetables with it (as others have put it). More to the point, I think that someday my friends will be able to buy groceries or pay rent with it, and have that not be a crazy thing for them, and so I'll be able to buy their artwork with it in the kind of trade that we'd use PayPal for today. I'm waiting for it to be, maybe a little weird, maybe a little uncommon, but useful on the street at about the acceptance levels of a Discover card or something. That's when we'll have truly arrived, and barring an urgent need for liquidity, it's what I'm aiming for: not to sell my stash, but to spend it.

Current money or bust.

Whats is this thing , they are doing "it" ? Hope is not anything related to your sig :D

Yes, I'd move to some warmer place too. This climate is annoying.

I would sell a small amount to get a car, house, etc. but by that point it's possible that most transactions will occur in BTC so it may not even be necessary to "jump ship" as you put it.

After the price reaches a certain level, I'll start spending a little every now and again.

There is this weird wish of holding onto them forever.