If Bitcoin moved above $10,000 USD per coin what would you do?

[jhenfelipe]

I can't say that it won't happen because nothing is impossible. Who knows, right? It may be just a matter of time. What I'm hoping is that, if ever it happens, I am still alive and I still have bitcoin in my wallet. If so, I would love to spend 3/4 of it with my family/friends and for our future. The rest will be left on my wallet for bitcoin transactions/savings.

[1Referee]

I mined mine using Titan scrypt miners.Actually got some more from the KNC bankruptcy. So I'm about 35k since 2013 in elec and equip and such for that 100 btc. The new equip
I scored should pay off 11.4k by Dec 15th. Thus I plan on sitting on the 100 btc and now it looks like I may be able to mine till End of Life on these machines and get down to (or close to) ZERO in any costs towards the 100 btc I'm sitting on now. I mean any $$$ of the remaining 25k or so I shoot towards NON-BTC related stuff....I can claim it knocks down my real
investment in BTC. Thus hopefully 100 BTC free and clear by end of life of my Titan Scrypt miners in total (3300mh)

Cowardice however increases on the above strategy

added:

So to sum up ...if

1) btc goes up I'm golden

2) btc acts like a traditional stock investment and goes sidways say 5 to 7% a year up...also ok

3) btc goes beanie baby ..well I'm even

thus is the plan as it is now....sounds mighty nice when people ask me how much money I lost in BTC since 2013 I tell them I have 100
and (before new miners) 25k invested. It should sound even nicer if/when I say 100 btc in the hoard and have ZERO in it anymore. All profit

So yeah I'm probably in the 200 range of BTC so ahead of the game on top of the above

All with all, you're in a very comfortable position. Having that said, if you keep holding your coins (if you're still alive ), then you'll become an absolute elite in the Bitcoin world with that many coins. Especially when you consider that the majority of the people have cashed out their coins as the high prices are too tempting for them to resist.

[dunfida]

Maybe  its possible to reach that price but the big question is when?  maybe it would reach that  amount for 20 years i guess since as of today we didnt even reach or surpass the $700 mark after the halving event. In that time  if it reaches that  amount then i would cash out all of my coins exchange to fiat and buy my own house , and made an investment.

[110110101]

......
I mined mine using Titan scrypt miners.Actually got some more from the KNC bankruptcy. So I'm about 35k since 2013 in elec and equip and such for that 100 btc.

I'll say that you made a good investment sir, hats off to you! Averaging the price to about 350 USD / BTC is far lower than the average price of BTC since 2013.
Congratulations!

[BitHodler]

It depends on the economy and the reason for the price to be at such levels.

If fiat is nearly worthless and Bitcoin reaches a price of $10K, then what will it say about the value of Bitcoin?

If the economy stays like it is right now, and fiat is not worthless, then I'll sell a coin or 2 or 3 and keep holding the rest.

[110110101]

f Bitcoin moved above $10,000 USD per coin what would you do?

Sell off some BTC only to see the price jump to $20,000 USD

[lister storm]

I can't say that it won't happen because nothing is impossible. Who knows, right? It may be just a matter of time. What I'm hoping is that, if ever it happens, I am still alive and I still have bitcoin in my wallet. If so, I would love to spend 3/4 of it with my family/friends and for our future. The rest will be left on my wallet for bitcoin transactions/savings.

of course anything is possible with the bitcoin price, in my opinion its price is going to jump a lot in the near future, i hope bitcoin will reach huge numbers

[LFC_Bitcoin]

$10,000 per coin, I'd sell about 75% of my stash. I wouldn't care if it rocketed a year or two later, at $10,000 per coin I wouldn't be able to risk cashing in.

I'd still have 25% left for a future moon trip.

[QuestionAuthority]

I'd contact one of the business idiots that routinely buy bulk Bitcoin at the US auctions. I'd sell every coin I have to them for cash. I'd hire a tax attorney to figure out my best option for paying capital gains tax to keep as much of the profit as I can. I'd use the money to buy real estate in San Francisco.

Then I'd sit around and wait for MtGox v.2 announcement price crash telling everyone about the exchange that artificially pumped the price through the roof.

[Johnny00]

I'd contact one of the business idiots that routinely buy bulk Bitcoin at the US auctions. I'd sell every coin I have to them for cash. I'd hire a tax attorney to figure out my best option for paying capital gains tax to keep as much of the profit as I can. I'd use the money to buy real estate in San Francisco.

Then I'd sit around and wait for MtGox v.2 announcement price crash telling everyone about the exchange that artificially pumped the price through the roof.

What do you mean buy bulk at US auctions?

[randy8777]

i will secure profits for obvious reasons, but i can't just send the money that i get from selling my coins to my bank account as the amount will be too large. i am sure it will lead the bank to freeze my balance prior to the investigation they need to do. especially if the money comes from a bitcoin exchange. i need to play it smart and most likely need to send small amounts to my bank account in order to not raise any alarms from the bank.

[serjent05]

Still do the same thinng, use bitcoin to gain  more bitcoin.  I haven't holding BTC for some reason.  First is that i don't buy Bitcoiin, I work for it so basically I am into spending it whenever I'm interested on some online item.  Second I don't let Bitcoin be idle to my stash.  I'd rather  have it use to produce more profit to me and lose than let it sit in mmy stash for a long time.

[~Bitcoin~]

$10,000 is really high and it may take decades to reach and i am even not sure if i will have any bitcoin in my wallet by that time. If i have than i will sell 50% of my holding or even not sell any if i was not in need of cash.

[worhiper_-_]

Thinking about it makes me so excited! i would totally Reserve tickets to go to korea.
After that i would get the driver licence and pay for my university fees :p

[dinda22]

in fact we will immediately sell when the price hits $1,000.

but if when that happens, I will be working hard to make extreme trade, to earn a lot of profit in a short time.

[calkob]

i would be beaming from one side of my face to the other........

[xJuturna]

Well I would cry honestly because I haven't accumulated enough for that to affect me positively. There is the up side with the fact that it has the potential to soar even higher.

Honestly I wouldn't be too happy. Don't get me wrong I hope it will happen one day but not until I'm ready for it to happen.

[jak3]

for god shake stop being so fool out there.we are way too far from that and i do not honestly think i will see that price scale in about 50years and if it happens then i will try to hack someones bitcoins or try to do every fast possible way to get coins

[socks435]

Its a long journey of bitcoin but if it will happen that i will give my laptop to my brother and buy a new. plus new car again..
And i use some of my earning s in bitcoin to buy new business local or online business.

[zimmah]

It would still not be enough for me to sell.

Well maybe I might buy some small things with a portion of my bitcoin but I'd still HODL most of them.