lumeire
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April 10, 2016, 04:16:14 AM |
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I thinks it's most probable that bitcoin will reach the $1,000 mark again, what would I do? that would all depend on how much bitcoin I manage to save in 20 years, I would probably sell some but not all as I would need to keep some for my retirement if I get that old.
$1000 in 20 years is a bit low, that is if all goes well. We know everything is possible in this industry, in fact in 20 years bitcoin might have been replaced already. No one knows. As for me if bitcoin is still here and valued a lot more than what it is today, I'd probably by myself a beach house.  |
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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PakistanHockeyfan
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Activity: 98
Merit: 10
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April 10, 2016, 04:23:04 AM |
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I'd like to actually be able to purchase more things online and never have to use my PayPal to pay for things anymore. I feel more comfortable with a cryptocurrency like Bitcoin protecting our personal data, and protection our privacy. It wouldn't also hurt to one day buy a house with Bitcoin.
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bankingbtc
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April 10, 2016, 07:33:34 AM |
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Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...
What would you do if:
Bitcoin hit $1,000,000:
Bitcoin hit $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?
Thanks for your opinions,
-Lags
after 20 years i think that bitcoin will be worth 7000$ or even more and it will be very popular so price will be high too, and once price will go to 5000$ i will probably spend them by buying something or just sell them for fiat, i might do a mistake then but better to be safe and get profit than wait more and risk |
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arwin100
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April 10, 2016, 10:00:58 AM |
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I think after 20 years the digital world would have shifted to the bitcoin, and everyone will prefer bitcoin for their transactions, the btcoin will have achieved a good stability and the fluctuation will be much lower and will act the same as the dollar, and it will have reached to about $1000 or $2000
Yes 20 years is to much far but if my bitcoin will reach for that i think i will cashout them because for that years past im surely earn and get much profit by price increase of bitcoin. I will go to bank and do a happy cash out and i will spend it on shopping and having a nice vacation and the monet left i will surely stake again in bitcoin to earn again. |
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NordicRanger
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April 12, 2016, 09:31:03 AM |
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I hope that the bitcoin will be worth much money so I can live a good life and can leave some for my children. But I am not sure if that will happen I will just have to wait it out.
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DeathAngel
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Merit: 1596
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April 12, 2016, 09:38:23 AM |
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In 20 years with the small stash I have maybe I could buy a house or at least be able to pay some debts or my mortgage off.
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Kalder
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April 12, 2016, 10:48:36 AM |
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I treat the bitcoin as a kind of currency. So I like to use it in any kind of purchase. and it can be used in the whole world.
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Mastsetad
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April 12, 2016, 11:21:33 AM |
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Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...
What would you do if:
Bitcoin hit $1,000,000:
Bitcoin hit $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?
Thanks for your opinions,
-Lags
Bitcoin hit $1,000,000: Sell all bitcoins i have, do the things i've always wanted to do and store 25% of the value gained by selling. Bitcoin hit $1,000 again: Earn more and more by doing everything possible and store them and wait for the price to go higher. Bitcoin stayed where it was: I don't think it could be, but if it does then just the same number 2, earn and store. Bitcoin became worthless, or a few cents: Move towards something else. And which of these do you think is most probable? Number 2 I guess. |
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relq
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April 12, 2016, 11:21:50 AM |
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In 20 years with the small stash I have maybe I could buy a house or at least be able to pay some debts or my mortgage off.
Well, it will happened if the price of bitcoin still same or increase so high in the next 20 years. But if the bitcoin have small price on that years, you can't buy anything. |
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FabioDelcatto
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April 12, 2016, 02:40:17 PM |
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In 20 years with the small stash I have maybe I could buy a house or at least be able to pay some debts or my mortgage off.
Well, it will happened if the price of bitcoin still same or increase so high in the next 20 years. But if the bitcoin have small price on that years, you can't buy anything. Just saving now and hoping that the value will be more in the future so we all can sell it with a huge profit and that will be nice for the most people who already have Bitcoin. The only thing is that you never know what will happen with the value of Bitcoin. |
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rababo
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April 12, 2016, 03:25:51 PM |
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I want to open a business like online shop that accept bitcoin as payment, Therefore bitcoin will be more known.
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avw1982
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April 12, 2016, 03:37:01 PM |
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I want to open a business like online shop that accept bitcoin as payment, Therefore bitcoin will be more known.
great thinking bro... I think when Bitcoin reaches that price, that would mean there would already be mass adoption plus the fall of the fiat system. I would really think both those scenarios would have to take place before Bitcoin reaches that price level. So again, you would essentially be dumping your coins to go back to the shitty fiat system that at that point in time would have already failed or failing rapidly. |
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SquallLeonhart
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Activity: 2324
Merit: 1101
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April 12, 2016, 03:40:33 PM |
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I would simply prefer to hold it without playing with it for a long term, and once it reaches my desirable value, I will sell all of them and enjoy luxury retirement.
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delliaerd
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April 12, 2016, 03:58:50 PM |
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I would simply prefer to hold it without playing with it for a long term, and once it reaches my desirable value, I will sell all of them and enjoy luxury retirement.
Yeah it is your expectations when the price of bitcoin is growing up during twenty years. But it will not happen while the price of bitcoin not increase in twenty years later. Nobody know the future, but i'm also glad if bitcoin' s price increases |
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btc-facebook
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Activity: 1862
Merit: 1015
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April 12, 2016, 04:21:28 PM |
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I would simply prefer to hold it without playing with it for a long term, and once it reaches my desirable value, I will sell all of them and enjoy luxury retirement.
But I'm still not sure that bitcoin will keep valuable after 20 years What if bitcoin become not worthy anymore ? So I think : better sell bitcoin a little by little although it never reach as you're expected |
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BitMaxz
Legendary
 Online
Activity: 3234
Merit: 2943
Block halving is coming.
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April 12, 2016, 05:02:31 PM |
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I would simply prefer to hold it without playing with it for a long term, and once it reaches my desirable value, I will sell all of them and enjoy luxury retirement.
But I'm still not sure that bitcoin will keep valuable after 20 years What if bitcoin become not worthy anymore ? So I think : better sell bitcoin a little by little although it never reach as you're expected I think it will be more popular in 20 years because our country are planning to start accepting bitcoin as payment and i think it will happen in some years.. Just like brazil they have 150 store accepting bitcoin as payment and i think in 20 years all store too will accepting bitcoin as payment.. |
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eddyubachs
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April 12, 2016, 05:10:39 PM |
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I would simply prefer to hold it without playing with it for a long term, and once it reaches my desirable value, I will sell all of them and enjoy luxury retirement.
But I'm still not sure that bitcoin will keep valuable after 20 years What if bitcoin become not worthy anymore ? So I think : better sell bitcoin a little by little although it never reach as you're expected I think it will be more popular in 20 years because our country are planning to start accepting bitcoin as payment and i think it will happen in some years.. Just like brazil they have 150 store accepting bitcoin as payment and i think in 20 years all store too will accepting bitcoin as payment.. It's difficult to predict that all countries will start accepting bitcoin, as majority of them are still not aware about it, I really doubt whether it will be used in third world countries or not. |
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fravia
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April 12, 2016, 06:36:46 PM |
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i would like to spend it wherever i want without any limitations from governments or banks because i want it to be my currency that i could use every day in order to buy goods i need
i also want to be able to work for bitcoins because i think that bitcoins are a far better currency than just ordinary dollars that we have right now, i hope this will happen soon
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gerXhonza
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April 12, 2016, 06:50:15 PM |
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i would like to spend it wherever i want without any limitations from governments or banks because i want it to be my currency that i could use every day in order to buy goods i need
i also want to be able to work for bitcoins because i think that bitcoins are a far better currency than just ordinary dollars that we have right now, i hope this will happen soon
Yeah that's is correct, but present scenario is different and I think we need to wait for a long time for that thing to happen, and if bitcoin survives for next 20 years then I think everyone of us would be a millionaire. |
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cryptmaster
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Activity: 23
Merit: 0
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April 13, 2016, 04:46:25 AM |
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Well Ill do this, Bitcoin hit $1,000,000: Be rich  Do whatever i want. Bitcoin hit $1,000 again: Ill hold it, maybe invest or gamble. Bitcoin stayed where it was: Hold it and do what i do right now. Bitcoin became worthless, or a few cents: Nothing will still keep the btc thinking it cant go any lower and would only go high from now and probably lose interest in btc. And which of these do you think is most probable? Maybe the options 2&3 look the most likely outcomes. |
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