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October 31, 2017, 09:15:35 AM |
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I expected Bitcoin to reach $10,000 at some point in the future, when the price hadn't even touched the $1000 level yet. For that reason I have set up a cold wallet back in 2013 with a few coins that are not meant to be sold in the coming 10 or so years. Result is that this action has turned out to be more than rewarding from me, but technically, you only gain when you spend or sell, so it's just a gain on paper. The article points at a price of $4300, which is obviously an article from a short while ago, but it's not much of an achievement anymore when we do happen to reach the $10,000 level. I see it more as a statistical achievement rather than something ground breaking. In order to call a certain price level ground breaking, it will need to be in the near $100,000 range.
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