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Author Topic: You will not hold tight if....  (Read 4228 times)
oakpacific
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April 10, 2013, 01:07:13 AM
 #1

The price ever goes to $1000.

No matter how you have vowed you will never sell.

You will exchange most, if not all of your bitcoins for those filthy, worthless pieces of green, red, blue papers, coming straight our of the factories of Ben and his pals around the world, which you have so far loathed and despised.

You will forget about the plan of liberating money from the monopoly of governments and banks, like you have never believed in such an idea.

I know, I know, you need the money to start a family, you want to give your kids a better education, you have wanted that car for a long time, you can finally set your parents up...... I understand, I totally understand.

Just don't overestimate yourself.

You know who can cause a crash? Not some evil manipulators, you will cause the crash.

No, no need to prove to me anything, prove to yourself.








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proudhon
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April 10, 2013, 01:11:55 AM
 #2

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.
str4wm4n
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April 10, 2013, 01:12:39 AM
 #3

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

nope
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April 10, 2013, 01:12:59 AM
 #4



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April 10, 2013, 01:13:18 AM
 #5

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

not

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April 10, 2013, 01:15:23 AM
 #6

$1,000 for one Bitcoin does not pay off my mortgage.

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mccorvic
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April 10, 2013, 01:16:54 AM
 #7

Ummm....okay?

This may be true if we hit 1000 tomorrow.

It will not be true if we hit 1000 a few months from now.  Many people will have sold by then.  Many MORE people will have bought in by then.  Many people will have just started investing at 500, 600, 800, 999. 

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Minor Miner
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April 10, 2013, 01:17:34 AM
 #8

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

Is that a camel as your avatar?  I thought it was a chicken that constantly ran around saying the sky was falling, not a camel.  would you please update?


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notme
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April 10, 2013, 01:18:38 AM
 #9

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

Is that a camel as your avatar?  I thought it was a chicken that constantly ran around saying the sky was falling, not a camel.  would you please update?

Llama

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12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
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April 10, 2013, 01:19:08 AM
 #10

At $50,000. I might be tempted to sell of 1 BTC.... that would pay off the rest of my student loans and buy me a nice shinny new car Smiley

- aka The "DigiMan"
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April 10, 2013, 01:19:47 AM
 #11

At $50,000. I might be tempted to sell of 1 BTC.... that would pay off the rest of my student loans and buy me a nice shinny new car Smiley
Unless ofcourse I can do that with BTC at then point. Then I wont cash out Smiley

- aka The "DigiMan"
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April 10, 2013, 01:19:57 AM
 #12

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

Is that a camel as your avatar?  I thought it was a chicken that constantly ran around saying the sky was falling, not a camel.  would you please update?

Llama
Oh, my mistake.   Excuse my ignorance, but is a llama the chicken of the camel family?


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adamstgBit
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April 10, 2013, 01:23:04 AM
 #13

I think we'll see the result of what you've described we'll before $1000, and it will end up being the biggest catastrophe in bitcoindom to date.

Is that a camel as your avatar?  I thought it was a chicken that constantly ran around saying the sky was falling, not a camel.  would you please update?

Llama

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oh and Bitcoin is a BBBBUUUBBBBLLLEEE!

oakpacific
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April 10, 2013, 01:23:54 AM
 #14

Ummm....okay?

This may be true if we hit 1000 tomorrow.

It will not be true if we hit 1000 a few months from now.  Many people will have sold by then.  Many MORE people will have bought in by then.  Many people will have just started investing at 500, 600, 800, 999. 

Don't mess around with that number, it's the substance that matters here.

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mccorvic
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April 10, 2013, 01:29:30 AM
 #15

Ummm....okay?

This may be true if we hit 1000 tomorrow.

It will not be true if we hit 1000 a few months from now.  Many people will have sold by then.  Many MORE people will have bought in by then.  Many people will have just started investing at 500, 600, 800, 999. 

Don't mess around with that number, it's the substance that matters here.

The substance here is that the claim is the same we've always heard.  The answer to the claim is thus: it's a false claim.

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humanitee
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April 10, 2013, 01:34:24 AM
 #16

I'll "cash out" 20%-30% at $1000 by going to Amagi Metals and buying a bunch of gold and silver.

I would feel dirty going back to paper in a bank.

oakpacific
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April 10, 2013, 01:36:18 AM
 #17

Ummm....okay?

This may be true if we hit 1000 tomorrow.

It will not be true if we hit 1000 a few months from now.  Many people will have sold by then.  Many MORE people will have bought in by then.  Many people will have just started investing at 500, 600, 800, 999.  

Don't mess around with that number, it's the substance that matters here.

The substance here is that the claim is the same we've always heard.  The answer to the claim is thus: it's a false claim.

It's more of a challenge than a claim.

I am looking forward to the day when bitcoin price reaches $1,000/10,000, and you still hold those shiny coins in your hand, and show them off to me, you don't need to attach a digital signature, the fact that you will still visit this forum and remain bullish will probably be proof enough.

I am serious.

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mccorvic
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April 10, 2013, 01:37:03 AM
 #18

Ummm....okay?

This may be true if we hit 1000 tomorrow.

It will not be true if we hit 1000 a few months from now.  Many people will have sold by then.  Many MORE people will have bought in by then.  Many people will have just started investing at 500, 600, 800, 999. 

Don't mess around with that number, it's the substance that matters here.

The substance here is that the claim is the same we've always heard.  The answer to the claim is thus: it's a false claim.

It's more of a challenge than a claim.

I am looking forward to the day when bitcoin price reaches $1,000/10,000, and you still hold those shiny coins in your hand, and show them off to me, you don't need to attach a digital signature, the fact that you still visit this forum is probably proof enough.

I am serious.

Well, in that case.

Challenge accepted Tongue

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April 10, 2013, 01:44:28 AM
 #19

I believe at some point, the difficulty of going back to dollars will be more hassle than it is worth.

The tax implications alone would make my head spin. Best to just stick with one currency from now on. I already pay taxes on the dollars in my paycheck, no need to pay taxes again when I trade currencies into the Federal Reserve's domain.

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April 10, 2013, 01:46:24 AM
 #20

if it goes to 1000$, i'm not selling shit! i'm paying my mortgage as slow as possible, i'm spending every dime of fiat i earn, i'm having fun, but i will never ever sell a bitcoin every again!

what's the point, i mean really, what would i do with the money?

hoard gold and silver??? i might as well hoard bitcoin...
pay off my mortgage??? but everyone needs a good amount of debt in this inflationary environment ( not hard to pay back a loan in worthless dollars....)
hookers and blow??? fuck that i have a wife and kids...

No thanks, fuck that, I'm holding on to my SAVINGS account forever.

 Kiss

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