What are your plans for YOUR BTC if the price rockets in the future?

[MbitSport]

Price doesn't matter. Imagine 1 Bitcoin reached @ 1mil usd each, and you sold all of your btcs for usd.

What do you think you'll be? You'll be damn poor. USD won't worth anything, but bitcoin will.

Yeah but when we say worth 10k+ etc where talking value (which is also why i said if it did reach 10k+ i would "Spend" my bitcoin not "Sell" Them.

Also i do personally think were a very long way away from doing away with fiat completely, in fact i do think if we do see that happen, it will be something our children & childrens children will witness & benifit from, or maybe in old age we will see, but for now i dont think the Dollar or the Pound are going anywhere lol

However i do believe one way or another, Fiat will eventually become a thing of the past.

[OrientA]

Price doesn't matter. Imagine 1 Bitcoin reached @ 1mil usd each, and you sold all of your btcs for usd.

What do you think you'll be? You'll be damn poor. USD won't worth anything, but bitcoin will.

I shall not sell all my bitcoin for USD. When I need to use money, I will use bitcoin. If I cannot use bitcoin directly, I will convert it to Dollar then use the Dollar.
However, when the bitcoin price reaches $1M, it means it is widely adopted, used universally, I do not have to change to fiat to use it. That may take several decades to achieve.

[apriyani420]

i would sell all my bitcoins and buy something nice for myself as i dont have that much to get out of my job or do something like that

[OrientA]

i would sell all my bitcoins and buy something nice for myself as i dont have that much to get out of my job or do something like that

It is a good plan. But if bitcoin price rises dramatically, if you hold your bitcoin for a little longer you can buy more things with the existing bitcoin and will still have some bitcoins left.
But we do not know the price performance tomorrow. So it may be better to cash in and enjoy life now. It is for individual to choose their best investment strategy.

[BTCjust]

Buy a submarine and at least one year shelf life food, I want to life at the depth of twenty thousand mile in the ocean for a year.

[shamati]

Buy a submarine and at least one year shelf life food, I want to life at the depth of twenty thousand mile in the ocean for a year.

Why?? I prefer penthouse apartment New York 

[n2004al]

Buy a submarine and at least one year shelf life food, I want to life at the depth of twenty thousand mile in the ocean for a year.

Have you just finished to read "20 000 lega under the sea" of Jules Verne? What do you do for on entire year within a submarine (suppose lonely because you have not mentioned company) thousand mile in the ocean? Just asking because me cannot stay within my home for a half entire day (12 hours) without going out and walk or meet someone. I know that everyone has its pleasures and no one pleasure (if don't do bad to someone) is right. But yours is to particular. And, according to me, hard to be realized. Not in the meaning that someday you cannot have that what you want to realize this your dream. A bitcoin holder (hopefully) will be able to realize such dreams and even biggers. But me seems very hard to stay in a prison for an entire year in the deep of the ocean only with yourself. Even in the real prison have activity to do and people to meet. Anyhow hope that your dream become true (as you wish). 

[blackmachinegun]

Im fairly new to the bitcoin so forgive me if im wrong in my understanding.
What would be your plans for your Bitcoins if the price per coin rose to 5 or even 10k+ each?


The question dawns on me after thinking about everyone that is saving their BTC for the future.


what happens if everyone that has bitcoins decided to hold on to the lot? if price spikes in a few years then everyone sells? for the same fiat everyone says bitcoin kills? (not a rhetorical question nor sarcasm)

My HOPE is if the bitcoin price surges to ridiculous heights, the bitcoins i have will be able to be spent JUST as i spend my GBP now,

if bitcoin ever got to 10k per coin, ill be spending not selling, is this the same for most? orrrr?

My current approach is, whatever BTC i gain, i will save a little and will spend a little regardless of market value (unless it dropped bellow $150 in which case buy buy buy lol but from what ive read i doubt this) but isnt the spending of the btc what helps in grow? or am i mistaken?

my plan is :
- buy bitcoin for a high amount
- looking for information about bitcoin price
- subscribe any bitcoin portal for watch price movement
- keep bitcoin for my investement about 5 year maybe

[avw1982]

i would sell all my bitcoins and buy something nice for myself as i dont have that much to get out of my job or do something like that

Instead of buying something you could use it on investment on your business or real estate or something because Investment will get spoil it ll show a good profit in your country currency also.If its reaches high I will select those kind of ideas only buddy

[jaberwock]

Sell a good amount of BTC to spend and to do some diversification.

Keep the other part in case it skyrockets again

[Terwa]

Buy more btc and buy a little house near the beach

[bitlancr]

If it ever gets a rate around the 10k I'll still be using my bitcoins. I'll be able to pay bills without living from paycheck to paycheck.

There's a certain amount that I'm spending and a certain amount I'm saving up for now.

[anthonydar]

I will keep using the bitcoin. I will also ask my employer to pay me in bitcoin. I will want shops to accept bitcoin.