Bitcoin Forum
June 25, 2017, 10:35:35 AM *
News: Latest stable version of Bitcoin Core: 0.14.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 187 »
  Print  
Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 573637 times)
boumalo
Legendary
*
Offline Offline

Activity: 1106


View Profile
September 26, 2014, 12:32:05 PM
 #1901

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

It is a theory, it could go up to 10,000$ or close without Bitcoin being used everywhere and you may want to diversify your holdings by buying other asset classes if you have most your wealth in Bitcoin

1498386935
Hero Member
*
Offline Offline

Posts: 1498386935

View Profile Personal Message (Offline)

Ignore
1498386935
Reply with quote  #2

1498386935
Report to moderator
1498386935
Hero Member
*
Offline Offline

Posts: 1498386935

View Profile Personal Message (Offline)

Ignore
1498386935
Reply with quote  #2

1498386935
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1498386935
Hero Member
*
Offline Offline

Posts: 1498386935

View Profile Personal Message (Offline)

Ignore
1498386935
Reply with quote  #2

1498386935
Report to moderator
1498386935
Hero Member
*
Offline Offline

Posts: 1498386935

View Profile Personal Message (Offline)

Ignore
1498386935
Reply with quote  #2

1498386935
Report to moderator
wachtwoord
Legendary
*
Offline Offline

Activity: 1596



View Profile
September 26, 2014, 12:38:01 PM
 #1902

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

It is a theory, it could go up to 10,000$ or close without Bitcoin being used everywhere and you may want to diversify your holdings by buying other asset classes if you have most your wealth in Bitcoin

If Bitcoin is used "almost everywhere" it will be and order of magnitude above $10k at the bare minimum.
KeyJockey
Sr. Member
****
Offline Offline

Activity: 404



View Profile
September 26, 2014, 02:40:43 PM
 #1903


The original poster IS correct that trading a little btc person to person for cash from time to time actually does seem to be a decent way to make a little profit from holding bitcoin and being involved in the "BTC Scene" these days... especially as the price has been dipping last few months and we're all WAITING for the next big run-up to finally get started.


It is a process.
Patience is a virtue, friend.


Oh... I know, segvec!  And believe me I'M PATIENT. 
I'm gonna hang on to this wild ride all the way down if need be (and then: all the way UP again!!)

But, y'know... trading a little bitcoin for cash in the meantime isn't necessarily just for the fiat money.

The money you make can also be used to... BUY MORE BITCOIN!!!  Grin Grin Grin
boumalo
Legendary
*
Offline Offline

Activity: 1106


View Profile
September 26, 2014, 03:10:25 PM
 #1904


The original poster IS correct that trading a little btc person to person for cash from time to time actually does seem to be a decent way to make a little profit from holding bitcoin and being involved in the "BTC Scene" these days... especially as the price has been dipping last few months and we're all WAITING for the next big run-up to finally get started.


It is a process.
Patience is a virtue, friend.


Oh... I know, segvec!  And believe me I'M PATIENT. 
I'm gonna hang on to this wild ride all the way down if need be (and then: all the way UP again!!)

But, y'know... trading a little bitcoin for cash in the meantime isn't necessarily just for the fiat money.

The money you make can also be used to... BUY MORE BITCOIN!!!  Grin Grin Grin

You have a liability by trading bitcoin in person though

"we're all WAITING for the next big run-up to finally get started." : We already started with a price at 400$ today and a price which was more than 1000$ 10months ago! But see what you mean Wink

polynesia
Legendary
*
Offline Offline

Activity: 1134



View Profile
September 26, 2014, 03:14:14 PM
 #1905


The original poster IS correct that trading a little btc person to person for cash from time to time actually does seem to be a decent way to make a little profit from holding bitcoin and being involved in the "BTC Scene" these days... especially as the price has been dipping last few months and we're all WAITING for the next big run-up to finally get started.


It is a process.
Patience is a virtue, friend.


Oh... I know, segvec!  And believe me I'M PATIENT. 
I'm gonna hang on to this wild ride all the way down if need be (and then: all the way UP again!!)

But, y'know... trading a little bitcoin for cash in the meantime isn't necessarily just for the fiat money.

The money you make can also be used to... BUY MORE BITCOIN!!!  Grin Grin Grin

Or you may be left holding fiat when bitcoin's price breaks out suddenly.  Grin
chopstick
Legendary
*
Offline Offline

Activity: 971


View Profile
September 26, 2014, 04:26:06 PM
 #1906

Personally I buy more BTC with as much of my profit as possible. BTC is gonna be at 10K+ per coin in the future, it would be suicide not too.
Bitcoin Magazine
Sr. Member
****
Offline Offline

Activity: 252


View Profile
September 26, 2014, 04:27:31 PM
 #1907

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

same here.  personally i will use it exclusively and not pay taxes here

i am here.
boumalo
Legendary
*
Offline Offline

Activity: 1106


View Profile
September 26, 2014, 06:09:11 PM
 #1908

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

same here.  personally i will use it exclusively and not pay taxes here

You will need to pay taxes on your house if you have one, on your salary  and you may not be able to buy everything under the radar with BTC

If you have a bitcointalk account that you access from home without Tor or a VPN you will need to pay a lot of taxes on your bitcoin holdings since it will be obvious you have some

allthingsluxury
Legendary
*
Offline Offline

Activity: 1092


allthingsluxury.biz


View Profile WWW
September 26, 2014, 06:14:18 PM
 #1909

This thread is here for life! lol it just keeps coming back Smiley

KeyJockey
Sr. Member
****
Offline Offline

Activity: 404



View Profile
September 26, 2014, 09:23:18 PM
 #1910

Or you may be left holding fiat when bitcoin's price breaks out suddenly.  Grin


Ha... nope, I'm aware of that risk.

Before I'd ever SEND any bitcoin to someone (like if they're buying from me) I'd first BUY the same amount.

Then IF the buy didn't go thru for any reason (i.e. like maybe sometimes it's not available at locked-in price, on-exchange?) I wouldn't complete the sale.

That way, my BTC pile would never go down, and the only risk exposure would be if the exchange's locked-in price on that particular purchase didn't come thru for any reason (and, yes, it's a low risk if you're using a reliable trusted exchange source but still, THAT risk means I'd never sell out ALL the BTC I hold!!!  Only a portion of it at any one time would be allowed to be "pending" delivery, and the larger portion would always remain securely socked away in long-term cold storage... NOT to be TOUCHED at all!)

Honestly, I'd probably even put that BTC into a cold wallet that only my wife and my attorney knew the password to, so I wouldn't ever be tempted to dip into it myself, LOL... and hopefully my wife wouldn't divorce me and run off with my attorney.
bitcool
Legendary
*
Offline Offline

Activity: 1441

Live and enjoy experiments


View Profile
September 26, 2014, 09:29:07 PM
 #1911

the surge when it hits will be quite substantial their is many other factors at play though, the primary one at this stage though will be exchange collapses,
Yes, I'd say that's quite possible, there are a few exchanges make good candidates for this.
chopstick
Legendary
*
Offline Offline

Activity: 971


View Profile
September 26, 2014, 09:42:40 PM
 #1912

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.
pr472
Newbie
*
Offline Offline

Activity: 25


View Profile
September 26, 2014, 10:49:20 PM
 #1913

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

Is this a fortune cookie?
bitcoinbelieve
Sr. Member
****
Offline Offline

Activity: 336


View Profile
September 26, 2014, 11:01:36 PM
 #1914

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes
X7
Hero Member
*****
Offline Offline

Activity: 672


An eye for an eye leaves the whole world blind


View Profile WWW
September 26, 2014, 11:12:54 PM
 #1915

Pretty cool to look back at these 2011 posts... where people predicted a 100$ BTC... and look now a couple years later, on the right trend IMO

MEGA BULL RIGHT HERE (Grip strength of a thousand Silver Back Gorillas)

Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
chopstick
Legendary
*
Offline Offline

Activity: 971


View Profile
September 27, 2014, 12:06:22 AM
 #1916

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

Is this a fortune cookie?

Haha, it should be.

Imagine getting a fortune cookie that read "You will get rich off bitcoins."
chopstick
Legendary
*
Offline Offline

Activity: 971


View Profile
September 27, 2014, 12:08:01 AM
 #1917

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley
BlindMayorBitcorn
Legendary
*
Offline Offline

Activity: 910


View Profile
September 27, 2014, 12:19:05 AM
 #1918

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley

I will be stocking up at $300 thank you very much Wink

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
keithers
Legendary
*
Offline Offline

Activity: 1260


You're not a wolf & this is the land of wolves now


View Profile
September 27, 2014, 12:35:22 AM
 #1919

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley

That is exactly what I have been telling everyone who will listen.   If you believe at all in the future of BTC, then you should be stockpiling as much BTC as you can afford right now.

If you are into gambling, it would also be a good time to gamble with BTC, because you can buy it so cheaply, and try to exponentially increase your holdings.


 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
USAS-12
Jr. Member
*
Offline Offline

Activity: 35


View Profile
September 27, 2014, 01:50:54 AM
 #1920

Pretty cool to look back at these 2011 posts... where people predicted a 100$ BTC... and look now a couple years later, on the right trend IMO
Hey geeks, I bring a message from the future
There's a new revolution heading to computers (c)

Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 187 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!