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

[babyjesusftw1]

I would honestly sell a portion of it, and then hold the rest until I have a need to convert it into fiat currency. I doubt it will ever reach 10k value per bitcoin, but I personally feel like if it does, then it'll be close to hitting its price ceiling. So yeah, I'd sell a good portion to hedge my bets on the price falling in the future.

[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.

What do you mean buy bulk at US auctions?

Search for auctions on the forum and you'll see a bunch of people that buy large quantities of bitcoin.  I don't trust the exchanges so I wouldn't sell that much at an exchange.

[Bitcotalk]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

[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?

Search for auctions on the forum and you'll see a bunch of people that buy large quantities of bitcoin.  I don't trust the exchanges so I wouldn't sell that much at an exchange.

Is it usually at a discounted price?

[HarryKPeters]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

That is not going to happen trust me. Nor should you dream of luxeries. Think about life as controlling your senses, just then will you be succeeding.
Dreaming of this price in this stadium is wrong.

[Shibashi Dogemoto]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

That is not going to happen trust me. Nor should you dream of luxeries. Think about life as controlling your senses, just then will you be succeeding.
Dreaming of this price in this stadium is wrong.

Exactly, that value seems to be hard to achieve in next 10 to 15 years, as its too high to expect from bitcoins and if it touches that price then everyone will get rich with bitcoins.

[MyBTT]

Then my investment of 21 btc will have paid off.

But honestly if bitcoin can ever get that high, I wouldn't sell. This would mean that bitcoin really does have the potential go get to the moon.

[BitMaxz]

It takes a long time before we will see this price value of bitcoin but we don't what will happen in these following year and maybe before we are old the price of bitcoin will reach in that price.. if it will happen i will start local business here in my country i will build my own company that related in bitcoins. so that i can promote bitcoin more to others..

[DOGE12321]

That is a price too good to be true. I would probably cash out or invest in something that isn't as volatile as Bitcoin like gold.

It really depends on my mood the day that BTC turns 10 000USD.

[JumperX]

That is a price too good to be true. I would probably cash out or invest in something that isn't as volatile as Bitcoin like gold.

It really depends on my mood the day that BTC turns 10 000USD.

Yup if it reaches to that price then I think we should sell all our coins at that stage we cannot afford to hold it as I am sure it will fall extremely after touching the price of $10k.

[uname]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

I thought it was an impossible thing to happen? bitcoin price will not be more than $ 2000 I think? because if the price is more than that I think that the dollar is money that does not have a price? surely everyone would be rich

[The Sceptical Chymist]

That is insane!  Maybe I will exchange some of it into cash and buy some stocks and mutual fund.  I will use it to gain more profit to secure my life, my retirement.  I will use my bitcoin to work for me to achieve and have more income.  I will put it to investment sites and do some trading. 

I don't think we're going anywhere near $10K anytime soon.  And even if it did hit that mark tomorrow, I still don't own enough to start rolling like a pimp.  If it hit 10K, I would be lamenting the fact that I was too stupid to buy everything I could whilst the price was $570.  That much is certain.

Stocks are kinda high right now, and I'm not sure if I made a bundle that I'd put any more money into them.  I would buy land if I had enough money, and prepare for the zombie apocalypse that's coming any day now. *hoping*

[BitcoinMuscle]

I'd be getting ready for sharper moves higher

Will, with my actuall bitcoins, i will withdraw it all and make a business

[bluechipinvestor]

I would certainly sell most of it, but I would hold something around thirty percent.

[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.

What do you mean buy bulk at US auctions?

Search for auctions on the forum and you'll see a bunch of people that buy large quantities of bitcoin.  I don't trust the exchanges so I wouldn't sell that much at an exchange.

Is it usually at a discounted price?

Yes, it usually is but at least you can trust that they have the money.

[JeffBrad12]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

That is not going to happen trust me. Nor should you dream of luxeries. Think about life as controlling your senses, just then will you be succeeding.
Dreaming of this price in this stadium is wrong.

I never believe about that, maybe in my dream it's will become a real but in a real life, it's just become useless things. but dealing a lot of your dream will giving bad impact for your realistic view.

[dinda22]

With that me and all other bitcoin users will be more richer, I wish that bitcoin price reach to that much value, with that amount I will first buy a house and will start a business with all of my bitcoins and will spend the remaining of my life with luxuries.

That is not going to happen trust me. Nor should you dream of luxeries. Think about life as controlling your senses, just then will you be succeeding.
Dreaming of this price in this stadium is wrong.

I never believe about that, maybe in my dream it's will become a real but in a real life, it's just become useless things. but dealing a lot of your dream will giving bad impact for your realistic view.

Success starts with a dream, when you are dreaming and always expect the price of bitcoin will rise very high, this will increase your motivation to get more bitcoin, so there is no bad effects if you keep dreaming.

[ImHash]

We all know that it's not going to go that high in 1 night , so as it rises in price so many would sell theirs thinking it might never go that high again and later they will regret it, and I think bitcoin will be that much of a high price when usually only a few people own hundreds or thousands, when  millions of people each have a portion of it and millions are asking for it.

[iamTom123]

That can be hard to speculate. However, it is good to dream, anyway.

[aesma]

I would hire a tax specialist to figure out how to get my million out.