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Bitcoin => Bitcoin Discussion => Topic started by: gonefishing510 on November 29, 2013, 09:08:31 PM



Title: What would you do "when" bitcoin hits 10,000.........
Post by: gonefishing510 on November 29, 2013, 09:08:31 PM
No


Title: Re: What would you do if bitcoin hits 10,000.........
Post by: Coma on November 29, 2013, 09:28:18 PM
'if'? did you mean 'when'?


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: LiteCoinGuy on November 29, 2013, 09:40:03 PM
we will not hit 10k after we have some nice crashes and alot of tears :'(  i guess  ;)

but what will we do then? wait for 20k.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: pand70 on November 29, 2013, 09:48:31 PM
we will not hit 10k after we have some nice crashes and alot of tears :'(  i guess  ;)

but what will we do then? wait for 20k.

If we ever hit 10k bitcoin is going to be constantly in the headlines of every news paper / site / everything.
I think it we 'll be 10k - 100k in 1 month or something.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Coma on November 29, 2013, 09:59:52 PM
What an awful typo, correction done.

:P much better

I plan to be very generous with all the people that was generous to me. 3 or 4 people.

Then I plan to be generous (but less) with some others.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 29, 2013, 10:06:13 PM
we will not hit 10k after we have some nice crashes and alot of tears :'(  i guess  ;)

but what will we do then? wait for 20k.
Based on what? There were dumps, we recovered within the same day. Unless you see a 100+k dump it can't crash that much.
Besides, if we keep up only 5% daily growth we will hit 5k before 2014. Note: we are currently doing much more than 5%.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: pand70 on November 29, 2013, 10:49:34 PM
we will not hit 10k after we have some nice crashes and alot of tears :'(  i guess  ;)

but what will we do then? wait for 20k.
Based on what? There were dumps, we recovered within the same day. Unless you see a 100+k dump it can't crash that much.
Besides, if we keep up only 5% daily growth we will hit 5k before 2014. Note: we are currently doing much more than 5%.

Yes but for how many days that trend holds? You can't do long term predictions with short term data.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Patzek on November 29, 2013, 10:58:57 PM
I might actually pull out 1 BTC to my bank account.

And a resolution for good luck - i'll donate 0.1 BTC (1,000$) :)


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 29, 2013, 11:04:51 PM
Yes but for how many days that trend holds? You can't do long term predictions with short term data.
Long term prediction 30 days?  :D


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Mondy on November 29, 2013, 11:18:22 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 29, 2013, 11:19:44 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
Why would they? I'd cash out mine at ~$30k minimum.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: malevolent on November 29, 2013, 11:22:51 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: pand70 on November 30, 2013, 12:13:03 AM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

The exact opposite will happen. If bitcoin hits 10k everyone will understand that bitcoin is unstoppable and they 'll hoard like they never done before.
Although in the long term i don't know if this is good or bad for the ecosystem.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Johnny Bitcoinseed on November 30, 2013, 12:18:26 AM
Sleep, eat, go for walks, read, work on my business....


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Minecache on November 30, 2013, 12:20:40 AM
I'd hold and go about my normal business.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: kwest on November 30, 2013, 12:23:34 AM
At $1100 I cashed out 1% of my holdings to pay for some Xmas gifts. I'll probably do the same now and then whenever I need something I can't buy with BTC.

The only reason that I would ever cash out 100% would be if I stopped believing in Bitcoin as the #1 crypto currency. Even if a competitor showed up that had what it takes to beat Bitcoin, I still wouldn't cash out immediately simply because of the head start Bitcoin has with ATMs, hardware wallets, POS devices, debit cards, retailers etc.

It's simply not an easy beast to kill.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Siegfried on November 30, 2013, 02:45:31 AM
I will buy 100 ounces of gold and invest in a few small businesses.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Bitcoinpro on November 30, 2013, 02:54:10 AM
buy 2 or 3 small countries and turn them into mining farms  :D


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: bryant.coleman on November 30, 2013, 04:05:27 AM
Right now my BTCs, LTCs and TRCs are worth around $30K.

When BTC cross the $10K mark, my coins will be worth some $275 K

So far I haven't sold any of my BTCs. However, when they cross the $10K mark, I think I'll sell 20% of my coins.  ;D

For that money I'll buy land or gold.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: beetcoin on November 30, 2013, 04:19:12 AM
bunga bunga party? big pools, dirtbikes, sin and more sin, and then go for broke.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: djalexr on November 30, 2013, 04:22:03 AM
I'll wait for it to hit £10,000...


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: BittBurger on November 30, 2013, 05:03:28 AM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
Like others pointed out already, this was the *certain* result of hitting $1,000 and we didn't even have a crash at $1,000.

The big crash (or rather, correction) was at $800.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Dafar on November 30, 2013, 05:26:29 AM
Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: acs267 on November 30, 2013, 05:30:04 AM
I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.) If I get to 20BTC+, then I would by a few acres of land.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: beetcoin on November 30, 2013, 05:32:16 AM
I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: acs267 on November 30, 2013, 05:35:06 AM
I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: beetcoin on November 30, 2013, 05:39:16 AM
I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.

well, if bitcoin ever flies off beyond the moon, and i'm at retirement level AND if you are struggling financially, i'll be your insurance. just send me a PM by then... years and years into the future  :D


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: utuxia on November 30, 2013, 06:28:01 AM
@ 10k i will still be wishing that I never donated that .25 BTC ($10) to LP.org


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: nexus99 on November 30, 2013, 09:55:03 AM
My bank roll of .3 BTC seems really small. Have I missed the boat?


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: niothor on November 30, 2013, 11:22:34 AM
My bank roll of .3 BTC seems really small. Have I missed the boat?

Can you swim ? Better try and go after it!! :)


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: nexus99 on November 30, 2013, 11:24:46 AM
I am trying :-)  Hashing at 150 GH/S now. Looking to GROW.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: FanEagle on November 30, 2013, 11:29:00 AM
I will cry


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 30, 2013, 12:21:15 PM
I am trying :-)  Hashing at 150 GH/S now. Looking to GROW.
Upgrade to 1500 GH/s and you're good to go.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: bythesea on November 30, 2013, 12:32:06 PM
Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 30, 2013, 01:50:11 PM
Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Siegfried on November 30, 2013, 01:53:46 PM
Some thoughts.......

From the beginning to now, money came into the bitcoin system from mostly poor people who could only put down a few thousands at most. This "new" money is the reason why we have had crashes. People invest 1k and realize that their 1k had turn into 10k, 100k, or more, indeed a life changing sum for most early adopters, this causes a large amount of BTC wealth to be transfer to the "old money" individuals.   

This "old money" is from the fiat-rich folks who will still buy in at 5k, 10k, 50k, per coin, mostly as a storage of wealth. I predict that after the 5k range and beyond, the "old money" effect will kick in and stabilize the prices. Wealthy investors would not invest all their millions in bitcoin but, I am guessing, that they would keep their money in bitcoins longer, not having the life changing urge to sellout like the early, mostly broke, adopters, thus ultimately stabilizing the prices.

Any input on this idea would be great, thanks.

I certainly hope your theory is correct.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Siegfried on November 30, 2013, 01:56:59 PM
Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.

Some people are stupid.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Dafar on November 30, 2013, 02:03:04 PM
Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.

Some people are stupid.

Yeah like you


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 30, 2013, 02:07:40 PM
Some people are stupid.
Buy a ferrari after saving for 10 years. Ferrari gets broken, repair costs $50k, have fun.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 30, 2013, 02:09:34 PM
Looks like we are heading to 10k in the near future. What would you do with all your newfound wealth?
Nothing.
Throw it in a lake.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: LiteCoinGuy on November 30, 2013, 02:14:02 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price.

Thanks for that. When we hit 10k, people wait for
20k or 50k, not everbody will cash out ;-)

It will be funny when we see a typical bitcoin crash and the *noobs* are in panic modus.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Siegfried on November 30, 2013, 02:18:04 PM
Some people are stupid.
Buy a ferrari after saving for 10 years. Ferrari gets broken, repair costs $50k, have fun.

Exactly my point. No one should be spending more than 5 percent of their net worth on a luxury car.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Siegfried on November 30, 2013, 02:21:33 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price.

Thanks for that. When we hit 10k, people wait for
20k or 50k, not everbody will cash out ;-)

It will be funny when we see a typical bitcoin crash and the *noobs* are in panic modus.

What do you expect to happen to the btc/ltc rate during a bitcoin crash?


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Lauda on November 30, 2013, 02:41:53 PM
What do you expect to happen to the btc/ltc rate during a bitcoin crash?
It should go up.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: digitalfog on November 30, 2013, 08:35:46 PM
When "wall street" finally gets into the bitcoin game, you will see Bitcoin over $50,000 in a blink of an eye. 

When the MSM begins acknowledging (in the future) that Bitcoin's daily transaction volume and currency volume is getting
close to major credit card companies, we should see $100,000 per bitcoin.

mBTC at $100 will be the norm.



Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: jubalix on November 30, 2013, 09:01:01 PM
Some thoughts.......

From the beginning to now, money came into the bitcoin system from mostly poor people who could only put down a few thousands at most. This "new" money is the reason why we have had crashes. People invest 1k and realize that their 1k had turn into 10k, 100k, or more, indeed a life changing sum for most early adopters, this causes a large amount of BTC wealth to be transfer to the "old money" individuals.   

This "old money" is from the fiat-rich folks who will still buy in at 5k, 10k, 50k, per coin, mostly as a storage of wealth. I predict that after the 5k range and beyond, the "old money" effect will kick in and stabilize the prices. Wealthy investors would not invest all their millions in bitcoin but, I am guessing, that they would keep their money in bitcoins longer, not having the life changing urge to sellout like the early, mostly broke, adopters, thus ultimately stabilizing the prices.

Any input on this idea would be great, thanks.

I certainly hope your theory is correct.

after 10K wealthy investors would give way to funds management, which will take you to the 1Million+ mark easily
though after 100K you would also see sovereign nations forced to hold BTC or loose serious political power, so they would help take it to 1 Million mark as well. I don't think anyone on here has really taken that nations will need to hold a percentage of crypto's, at that point cryptos are being supported by the tax base

o


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: johnyj on November 30, 2013, 09:36:15 PM
I will spend some coins to sponsor a quantum mining rig project  ;D


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: techstorm2 on November 30, 2013, 09:46:19 PM
I will spend some coins to sponsor a quantum mining rig project  ;D

Arent bfl already taking preorders for this. Lol.  :D


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Hagglefaen on November 30, 2013, 10:01:32 PM
Use them all on one pizza, as a poster wrote years ago... :)


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: g83 on November 30, 2013, 10:15:14 PM
I'll have to show my dick at work, cash out 5% and wait for 100k

Thats cool


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: LiteCoinGuy on November 30, 2013, 11:37:26 PM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price.

Thanks for that. When we hit 10k, people wait for
20k or 50k, not everbody will cash out ;-)

It will be funny when we see a typical bitcoin crash and the *noobs* are in panic modus.

What do you expect to happen to the btc/ltc rate during a bitcoin crash?

that some exchanges may collapse under the high traffic. that the cashout has a huge delay. that people are in panic-mode. maybe that will happen.

but bitcoin will not be dead after that. it will return.

look in the past to see the future :)


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: cdog on December 01, 2013, 12:53:57 AM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

thats what they said about $1000 hows that working out


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Catempire on December 01, 2013, 01:13:53 AM
Crypto coins are far more stable then any fiat currency... If the small money goes out more big money will come in and there will be many people kicking themselves for not believing or researching the economy enough to know what a profound effect crypto is going to have!

The fall of the $ ... The rise of the crypto!

DON'T sell early, when the economy's fall you will be richer then many rich fiat hoarders !


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: mootinator on December 01, 2013, 01:14:39 AM
In the interest of sticking it to the bankers who continue to make it as difficult as possible to acquire bitcoin I'll take out a few bitcoins and make a lump sum mortgage payment that will double itself in saved interest payments.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: siggy on December 01, 2013, 01:36:50 AM
mansion, yacht, hookers, blow.... ;D

Umm.. in all seriousness, I won't be doing anything beyond telling a couple friends "you really should have listened to me..." ...

OK... so I'll probably be looking for new friends....

Sigg


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: DoomDumas on December 01, 2013, 01:49:38 AM
You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..

Peoples were telling this for when we will reach 100.. and when we will reach 1000.. the story will just repeat again at 10 000



Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: jubalix on December 01, 2013, 03:29:24 AM
my 0.001 btc is worth $10, long term hold confirmed.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Catempire on December 01, 2013, 07:25:19 AM
The whole point is now that bitcoin is being recognised as a currency it is far safer then any other currency in existence. It has a place next to gold but realistically would be better then gold as transactions can be digitalised... Anyone who sells more then 5% of there bitcoins at 10000 will seriously regret it in the long run...

It might take a few years to get there but like many on here I will be holding for the big rewards providing nothing changes! We just need the financial downturn to worsen and it will rocket... For now tho a slow increase in value is very good for the price!


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: jackioflap on December 01, 2013, 07:54:01 AM
Why bother going to fiat at all. If it hits 10k or 100k then one would hope that you could actualy start truly using it for your basic needs. You go get groceries and pay with BTC through your phone to the giant address on the wall and show the cashier who confirms and there you go. No more need to cash out to fiat. Systems are introduced to do any neccesary calculations for the rise and fall of BTC value when you go to pay.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: omega33 on December 01, 2013, 08:57:06 AM
I will do nothing
when it hits 10k, it is likely everyone will use btc in our daily transactions.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: g83 on December 01, 2013, 09:08:02 AM
Get a nice car for about 10 btc  :)


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: beetcoin on December 01, 2013, 09:10:12 AM
to those of you guys who plan on spending your BTC on luxury items: just remember that there are plenty of stories around where someone "cashed out" this and that amount of bitcoin for a car or whatever (at a price that is significantly lower than the current rate.. and they usually end up regretting it.

you will look at your lexus as "the car that cost me $1 million dollars."


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: TheQuin on December 01, 2013, 09:13:23 AM
I'll start waiting for a few more zeros to be added on the end.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: ABitBack on December 01, 2013, 09:18:25 AM
People here who are saying they will cash out some when it reaches 10k I assume cashed out the same percentage at 1k and $100... I mean it's only 10x what the price is now! And remember we were at $100 not so long ago, so you better put your sell order in now otherwise you might miss it and end up selling at $10500!!! :P

Also you have to remember there will only ever be 21,000,000 coins and about 13,000,000 around at the moment. If bitcoin reaches 10k then that would indicate a huge rise in people wanting to buy (probably at least 1btc or 1mBTC). We may still be in the early stages waiting on exponential growth. If you own 1BTC at least there is a chance you will be rich in the future.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: Ecurb123 on December 01, 2013, 04:49:34 PM
maybe I'll be able to buy a very used car then.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: merockstar on December 01, 2013, 04:54:38 PM
If it happens in the next 6 months, I will ball my eyes out forever for missing the boat.


If it happens in the next couple years, I will pay off all my bills and retire.

Just depends on when it happens.


Title: Re: What would you do "when" bitcoin hits 10,000.........
Post by: bryant.coleman on December 02, 2013, 03:21:10 AM
Also you have to remember there will only ever be 21,000,000 coins and about 13,000,000 around at the moment. If bitcoin reaches 10k then that would indicate a huge rise in people wanting to buy (probably at least 1btc or 1mBTC). We may still be in the early stages waiting on exponential growth. If you own 1BTC at least there is a chance you will be rich in the future.

Hmm.... to be "very rich" in the future (i.e some USD 5 million worth), BTC should climb to $250,000 for me.... In the near future it looks impossible.... In the next few decades... may be possible. I still curse myself for not taking BTCs seriously when I first heard about them.