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Author Topic: At what price are you going to cash out your BTC stash  (Read 3745 times)
K128kevin2
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July 30, 2014, 01:35:36 AM
 #41

I will sell when bitcoin reaches... https://www.youtube.com/watch?v=l91ISfcuzDw
Chicowash
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July 30, 2014, 04:45:01 AM
 #42

about 2000 will be the place where i sell 1/3 of my stash, other part only after 5000$
windjc
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July 30, 2014, 04:59:23 AM
 #43

I am going to panic sell at $400.

Best answer in thread.

LMAO.
bittown
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July 30, 2014, 06:16:55 AM
 #44

I don't have many coins so I think I'll hold untill the value will reach millions Cheesy
fran2k
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July 30, 2014, 03:18:24 PM
 #45

2,000? 5,000?

Eventually some people will cash their BTC stash at some point

galbros
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July 30, 2014, 09:33:03 PM
 #46

I'll never sell all of them.  If it crashes I'll be a bag holder waiting for it to come back.  If it goes to 1 million USD per coin I will have sold most of them back at 1, 5, and 10K!  Cheesy
Ejaculation
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July 31, 2014, 12:41:10 AM
 #47

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning

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ASICMINERPRISMA
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juju
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July 31, 2014, 03:32:01 AM
 #48

I only intend to use BTC for purchasing goods and services and not bring them to exchanges. Already we can fly around, buy Hotels, and a number of other goods we want or need.

Instead of dumping your BTC at a certain price, why not at a certain price snap book 2 vacations and buy some new computers and monitors from Dell or Overstock, tigerdirect, newegg etc. You still get what you want largely, unless you need something you cant specifically buy with Bitcoin. This way possibly the value of the coin does not go down as quickly causing more speculation.

Granted I know you can get more coins if you buy in and get out at the right price points. Rinse repeat, but for those who just want to hodl and not worry about hitting the highs and lows.
BuildTheFuture
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July 31, 2014, 03:48:52 AM
 #49

Since Overstock is currently the only known major company not converting 100% of BTC sales to fiat, you should assume that anything you purchase with BTC anywhere else will result in those coins getting dumped either onto Bitstamp or sold via Coinbase's internal market (thereby preventing some random BTC buyers from having their orders make it to an exchange). In fact a lot of old BTC holders buying stuff on Expedia and Dell are probably responsible in large part for the recent BTC price downturn.
Sandia
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July 31, 2014, 10:18:19 PM
 #50

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning


No, I would wait until $2500, then sell them all.  And buy everything back at the bottom.
Rinse and repeat.
Ejaculation
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July 31, 2014, 10:25:41 PM
 #51

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning


No, I would wait until $2500, then sell them all.  And buy everything back at the bottom.
Rinse and repeat.

You think making money is that easy? At $2500 you would sell in an instant, or keep it until it drops. Kind of like gambling.

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ASICMINERPRISMA
                       1.4T+ ● 0.70-0.78J/GH ● ONLY 1.39BTC                          Shipping in Oct.
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Mats8500
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August 01, 2014, 04:05:29 AM
 #52

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning

Hell no.

When it reaches 1.2K again, it will on the raise. Climbing stairs two at a time and eventually even faster. I would not sell at that price.

And when I decide to sell, it won't be all at once. If you don't believe BTC can rise again, maybe you should get out now.
Swordsoffreedom
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August 02, 2014, 01:48:59 AM
 #53

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning

I would wake up see what made it get to that price then make my decision  Wink
But since it would be a nice sudden rush I might sell because of a possible downward adjustment

Still some of that stash is committed stash stuff that's in a bet or something of the sort so wouldn't cash it all out haha.

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Elwar
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August 02, 2014, 02:58:15 AM
 #54

Someone was mentioning on another thread how all of these people who used to post years ago still hardly have any bitcoins.

That is because they said things like "I'll cash it all out when it hits $30!"

So now they sit here having cashed out when they made some money. Maybe paid off a credit card or two.

I never understand these threads...what am I supposed to cash out to?

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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August 02, 2014, 06:25:09 AM
 #55

We all know we would sell our whole stash if we woke up to see it at $1.2K tomorrow morning

Interesting most will sell on that price, some will hold some will panic.

All this is normal if u think that price can rise up u will hold otherwise it will be selling time that can be influence on price drop.



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August 02, 2014, 08:31:31 AM
 #56

All you get by selling is an immediate tax burden.  I will rid myself of my BTC when I find something I want to buy with them, never sooner.
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