Do you have any plans if Bitcoin goes up to 300$?

[maokoto]

Would you sell? Would you buy more? Depends on the speed it gets to that price?

Personally I doubt if I would convert them to cash or hold. What would you do and why?

[Pab]

I think that time will pass 300$ and goes to 400$ and will stay stable at that leve,.Maybe wishful thinking,but finally btc will pass 300$ level

[TheGr33k]

Would you sell? Would you buy more? Depends on the speed it gets to that price?

Personally I doubt if I would convert them to cash or hold. What would you do and why?

I will continue to buy bitcoins at a consistent rate until the market is at my disposal. I don't see any point in selling them, unless it goes to 5x your initial buy-in at least, and then only selling >50% of your BTC if you need to.

[mercistheman]

Definitely worth waiting out the Gemini impact.
Personally don't plan on selling until it hits $15,000... even then it would have to be a downward trend.
Scarcity is our friend.

[TheGr33k]

Definitely worth waiting out the Gemini impact.
Personally don't plan on selling until it hits $15,000... even then it would have to be a downward trend.
Scarcity is our friend.

This is exactly my thoughts as well, I don't think Gemini will have a tremendous impact. However I am in agreement with everything you said !
Limited number of bitcoins, increasing amount of users and increasing value per bitcoin all scream "get as many as you can now"

[christycalhoun]

$300 is not a big milestone to me. I still held bitcoins when they shot up to over $1000.

[Athertle]

Definitely worth waiting out the Gemini impact.
Personally don't plan on selling until it hits $15,000... even then it would have to be a downward trend.
Scarcity is our friend.

You'd better sit tight and wait for quite a long time then. I'm not being a pessimist (but rather being a realist), but bitcoin probably won't go that sky high for quite a few years. Who knows, bitcoin might have even been replaced by some other, overall "better" cryptocurrency before then.

As for the OP, who cares if bitcoin price rises by ~$50? There's plenty more room to improve.

[OROBTC]

...

No, I have no plans to do anything should BTC reach $300.

My guess is that given enough time, BTC will go very high (way over the +/- $1300 highs).  It might take time though, perhaps 1 - 2 years.  And $5000 is not out of the question.

For me, the Big Question is:

Will Bitcoin or gold reach $55,000 first?

[chennan]

It's so funny to have read so many "Is bitcoin dead" threads on here for the past month or two, and now people are speculating that bitcoin will for sure pass the $5,000 mark... I mean, yeah I'm planning on bitcoin to go back past $300-$400 for the time being... but gemini is only one exchange that is going to be mainly used in the U.S. ... I think some of you guys are putting way too much hype on this exchange site to take bitcoin to the moon again.

[TheGr33k]

It's so funny to have read so many "Is bitcoin dead" threads on here for the past month or two, and now people are speculating that bitcoin will for sure pass the $5,000 mark... I mean, yeah I'm planning on bitcoin to go back past $300-$400 for the time being... but gemini is only one exchange that is going to be mainly used in the U.S. ... I think some of you guys are putting way too much hype on this exchange site to take bitcoin to the moon again.

Definitely over-hyped about the new U.S. exchange, but what can you expect from pompous U.S. investor-types who are just entering BTC about a year-ago. They lack to see the consistent growth and are only interested in the short-spurts of energy that publicity is bringing to bitcoin.

[jacee]

Well it depends. If bitcoins has reached up to $300 and if there is an assurance that the price of bitcoins will only rise then my best optuons is to buy more bitcoins at the cheaper price of $300 and wait for it to double or triple the profit I will get.

[stuff0577]

I'm salary in receiving bitcoin  and I always sell but I kept a small amount on my pocket for savings. $300 would be great as I can have some for other investments. 

[TheGr33k]

I'm salary in receiving bitcoin  and I always sell but I kept a small amount on my pocket for savings. $300 would be great as I can have some for other investments. 

How do you receive your salary in bitcoins? That sounds like something I would be interested in because for now I am stuck with buying small amounts of bitcoin at a time.

[gentlemand]

None. It's not exactly an earth shattering amount by any means. I'll keep on trucking.

[randy8777]

i won't do anything as $300 isn't exactly what i am waiting for. if you said what would we do if the price goes to $1000 then it is a different story.

[TheGr33k]

i won't do anything as $300 isn't exactly what i am waiting for. if you said what would we do if the price goes to $1000 then it is a different story.

Yeah, I wouldn't even be surprised if I woke up tomorrow and the price was $300, although I would be hoping for upwards momentum.. I wouldn't be impressed.
Even at $1000/BTC it's not something we haven't seen before.

I'd be more worked up over $3000/BTC

[bitwarrior]

If the price goes up to 300$, I will wait even more until it reaches to 350$ before I will try to sell some of my coins. The rest I will keep and hold until there is another price raise that will happen.

[Proxiebuier]

Would you sell? Would you buy more? Depends on the speed it gets to that price?

Personally I doubt if I would convert them to cash or hold. What would you do and why?

i will sell 50% of my bitcoin
and hold 50% of it, better i have $ because if the price down again to 200$ i can buy more and get some profit

[TheGr33k]

Would you sell? Would you buy more? Depends on the speed it gets to that price?

Personally I doubt if I would convert them to cash or hold. What would you do and why?

i will sell 50% of my bitcoin
and hold 50% of it, better i have $ because if the price down again to 200$ i can buy more and get some profit

I think you should hold on for more dramatic price turns, because that's when all the fun is had.. Unless you're an avid trader and regularly bounce around balances.

[jonald_fyookball]

once Bitcoin starts increasingly becoming part of people's investment portfolios, crazy things are going to happen.  firms will start buying and holding, and there's only 21m btc to go around.