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Author Topic: If Bitcoin moved above $10,000 USD per coin what would you do?  (Read 5830 times)
Sidas_Crew669
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September 08, 2016, 02:07:11 PM
 #161

I think if bitcoin will moved above $10.000 USD per coin it will bring the economic collapse. Many bitcoin holders will try to cash out their money to not skip such good chance to get rich. How many users of bitcoin now? There is no so much money in the world to satisfy that interest. So I hope bitcoin will not rise too much.

At that point Bitcoin will be too strong to fall, some people may think is the top, but a lot other people think 100.000+ can be achieved in the next 10 years.

You have a point, if Bitcoins price would reach $10k then maybe all large Bitcoin holders for sure would sell all their Bitcoin holdings and which causes to dump again Bitcoin to lower price thinking that price is the peak but as you said some still believe to go much higher price than that.

I think if we don't sell our coins at the price of $10k then that would be the worst decision to make as after that price may dump extremely and would take long time to pump again.
you are right that wouldnt be a good thing to do because the price would be dumped most probably after a such huge growth

Haha, bitcoin will not have a price of $ 10 k in the growth of the bitcoin is still very slow and don't have a reasonably good growth. Bitcoin can be pegged the price of $ 10 k in user bitcoin is 50% of the world population, because I see that the stock is very little compared to bitcoin 50% of the world population.
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September 08, 2016, 02:07:35 PM
 #162

I think if bitcoin will moved above $10.000 USD per coin it will bring the economic collapse. Many bitcoin holders will try to cash out their money to not skip such good chance to get rich. How many users of bitcoin now? There is no so much money in the world to satisfy that interest. So I hope bitcoin will not rise too much.

At that point Bitcoin will be too strong to fall, some people may think is the top, but a lot other people think 100.000+ can be achieved in the next 10 years.

You have a point, if Bitcoins price would reach $10k then maybe all large Bitcoin holders for sure would sell all their Bitcoin holdings and which causes to dump again Bitcoin to lower price thinking that price is the peak but as you said some still believe to go much higher price than that.

I think if we don't sell our coins at the price of $10k then that would be the worst decision to make as after that price may dump extremely and would take long time to pump again.
you are right that wouldnt be a good thing to do because the price would be dumped most probably after a such huge growth

Yes and we should not miss the opportunity to make huge profits by selling at that price in order to make profits, as major pump will be followed by major dump which will allow us to buy it again.
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September 08, 2016, 03:30:41 PM
 #163

I'd be getting ready for sharper moves higher Smiley
I would sell some of my Bitcoin of course so that I can make some money. Then after I have sold them I would go out and buy my self a new motorcycle.
Or maybe even a car if I can earn Bitcoin then maybe a nice car.
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September 08, 2016, 03:38:54 PM
 #164

I'd be getting ready for sharper moves higher Smiley
I would sell some of my Bitcoin of course so that I can make some money. Then after I have sold them I would go out and buy my self a new motorcycle.
Or maybe even a car if I can earn Bitcoin then maybe a nice car.

Yes if bitcoin reaches to that level then I will prefer to sell all my coins that I would be holding in my wallet, as not selling with that price and holding them will be a really bad decision to make.
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September 08, 2016, 03:45:11 PM
 #165

I'd be getting ready for sharper moves higher Smiley
I would sell some of my Bitcoin of course so that I can make some money. Then after I have sold them I would go out and buy my self a new motorcycle.
Or maybe even a car if I can earn Bitcoin then maybe a nice car.

Well we have almost the same plan if the price of bitcoin is going to reach $10,000. But for me I am going to buy first my own small house that is going to be good enough for me. Even though that is not that too big as long as it can be a good place to have a rest and sleep that is enough for me. And next would be my own car so that I can go everywhere I want.

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September 08, 2016, 03:50:03 PM
 #166

if bitcoin price is more than $10.000 USD i will sell all my coin and then change it to fiat, then i will use the money to open shop and buy a car and i will try my best to earn more coin so i can spend more coin, because if bitcoin is moved toward that number its going to be once in a life time to get rich with bitcoin


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September 08, 2016, 03:57:46 PM
 #167

if bitcoin price is more than $10.000 USD i will sell all my coin and then change it to fiat, then i will use the money to open shop and buy a car and i will try my best to earn more coin so i can spend more coin, because if bitcoin is moved toward that number its going to be once in a life time to get rich with bitcoin

Everyone will prefer to sell all their coins in order to make huge profits, but I think its not easy to reach there in quick time and it may take more than a decade to achieve that price.
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September 08, 2016, 04:04:50 PM
 #168

that's really big amount, but if it happens i think i would sell some my Bitcoins and make bussiness in real life. Half i will save for long-term investment. Smiley
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September 08, 2016, 04:15:02 PM
 #169

If the price of bitcoin reached $10.000 USD, i will sell all my bitcoins directly. Because, $10,000 USD for each coin is really huge. With that money i can earn much money from the exchange.
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September 08, 2016, 04:17:12 PM
 #170

i will sell all my BTC and go to live to GOA )
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September 08, 2016, 04:22:39 PM
 #171

If everybody is selling there bitcoins. Who is going to buy them?
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September 08, 2016, 04:42:16 PM
 #172

Maybe i will go for trading and try to make a safe play with the coins well then i can have upto 10$ or 20$ per day with 1bitcoin at the most little risk

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September 08, 2016, 04:50:33 PM
 #173

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. 

Personally I would not sell all of my bitcoins at $10,000 rate, of course that it is a huge profit comparing with the current price but who knows maybe the price could go even higher and I would expect a much higher profit. The community will grow by that time and the cloud mining services will probably end because of the amount they could lose.

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September 08, 2016, 04:58:32 PM
 #174

If everybody is selling there bitcoins. Who is going to buy them?

The exchange sites are going to be the buyers of it and they are going to sell it again for those people who still doesn't have bitcoins at higher rate. So the cycle is just going to keep on rolling in bitcoin. And if new investors are going to like bitcoin for sure they are willing to invest their fiat money and going to buy a lot of bitcoins.

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September 08, 2016, 05:01:13 PM
 #175

if price reach $10,000 will make me a millionaire and it would be easy to make more money when I became a millionaire. because I would be a businessman and I will invest wherever.
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September 08, 2016, 05:05:03 PM
 #176

If everybody is selling there bitcoins. Who is going to buy them?

The exchange sites are going to be the buyers of it and they are going to sell it again for those people who still doesn't have bitcoins at higher rate. So the cycle is just going to keep on rolling in bitcoin. And if new investors are going to like bitcoin for sure they are willing to invest their fiat money and going to buy a lot of bitcoins.
Yeah right those exchange site will hold it if all people are selling their bitcoin.. and they are waiting for new user or holders for bitcoins..
Honestly i couldn't imagine that the price will hit at 10k value but every thing is possible with bitcoin and it takes a long time before it happens..
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September 11, 2016, 12:14:27 AM
 #177

Forget owning bitcoins, people will buy Sats. And if they've lucky they may be able to afford a whole bitcoin.
Just like when people invest in Gold, they don't have to buy a whole fucking bullion.

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September 15, 2016, 05:05:24 AM
 #178

if the price of 1 Bitcoin is equivalent to $ 10,000 then I would say this is crazy so crazy .. Cheesy maybe if I own one bitcoin when the price is now $ 600 I'll sell it if the price of $ 10,000 later Smiley I would get a big advantage: D

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September 15, 2016, 07:21:47 AM
 #179

Forget owning bitcoins, people will buy Sats. And if they've lucky they may be able to afford a whole bitcoin.
Just like when people invest in Gold, they don't have to buy a whole fucking bullion.

Well for sure no one will going to buy whole bitcoin if the the price is going to reach $10,000. Maybe I can just afford to buy 0.001 by that time because that is the only amount I am able to invest. But for sure if that price is going to happen with bitcoin many bitcoin people are going to get rich easily for just doing nothing but by holding.

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September 15, 2016, 07:31:04 AM
 #180

I'd be getting ready for sharper moves higher Smiley

I would jump jump and jump in happiness. Because I have 0.3btc which i bought at the rate of $500 and if I get to sell at the rate of $10000 then I will have 20 times profit which is enough for me to get a 16gb ram and a hard disk for my new gaming beast from asus.
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