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Author Topic: If you could lock in a year end price  (Read 135 times)
parobber (OP)
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March 29, 2018, 07:51:33 PM
 #1

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.

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March 29, 2018, 10:42:15 PM
 #2

What you are describing is basically a put option.

You basically buy a $10K put for January 2019 expiry and it lets you sell your BTC at $10K regardless of whatever price it ends up being.

If it goes to $1K, you get to sell at $10K
If it goes to $25K, you don't do anything and sell at $25K if you want.

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March 29, 2018, 11:35:55 PM
 #3

I think bitcoin if bitcoin hits $10k it will most likely see another bull run back up to 20k because it might give people more hope which could make them buy back in.  With that being, if bitcoin doesnt hit $10k by the end of 2018 or beginning of 2019 then i think this recession will last for a long time and we might have to wait another few years for the next bull run which is what happened after bitcoin crashed after its rise to $1k.

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March 30, 2018, 12:33:29 AM
 #4

What you are describing is basically a put option.

You basically buy a $10K put for January 2019 expiry and it lets you sell your BTC at $10K regardless of whatever price it ends up being.

If it goes to $1K, you get to sell at $10K
If it goes to $25K, you don't do anything and sell at $25K if you want.

Wait that type of options trading exists? That sounds awesome! So wait, you can just like buy BTC now at 7k, then literally just demand that it sells for 10k, no matter what the price is, and there's an exchange that will let you do that at a certain date? XD

Sign me up for that lol. Is there a catch?

@OP, oh and, I would rather have the price at 5k, so I can sell for so much more in the future lol. I learned that crypto is about long-term hodling rather than fast selling.

Although people do get lucky or are smart when they research ICOs and good coins and stuff, and they catch the weekly 2x.

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Thenuka99
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April 29, 2018, 05:50:35 PM
 #5

If I have the power - yeah 10,000$ seems surely reasonable, there was a time I hoped 1,000$ was better, but after last years unbelievable increase now it's upsetting to see it under 10,000$. anything over 10,000 is actually pretty good.

Recently ethereum is more concerning than BTC, It will be great to lock ETH at 1,000$ too. That really needs to happen ASAP.

But are these scenarios really possible, Until the total supply is out no one can set an exact price to any of these coins, and it will always be manipulated by Whales for their own gain.
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April 29, 2018, 08:50:42 PM
 #6

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.
I am not a fortune teller and not an expert in price prediction, but if the Bitcoin price keeps increasing at the end of the year maybe the lowest price Bitcoin will achieve is around $ 11K
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April 29, 2018, 09:34:52 PM
 #7

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.
I am not a fortune teller and not an expert in price prediction, but if the Bitcoin price keeps increasing at the end of the year maybe the lowest price Bitcoin will achieve is around $ 11K

Hahaha, I'm not a fortune teller but if it increases the lowest it can go is just marginally higher than the price is currently  Grin that's got to be one of the best predictions ever. No shit sherlock!

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April 29, 2018, 10:01:24 PM
 #8

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.

Maybe l'll choose $100000 for this year. Thats good enough for me to start all my dreams in life. If they we're where they are not l can do it also. As long as you have the Chance to get your dream grab it because it might not giro you again. I will not waste time because I cant  get it back when it pass away. Opportunities are missed when you don't grab it. So be if it is there already.
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May 02, 2018, 08:34:23 PM
 #9

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.

Maybe l'll choose $100000 for this year. Thats good enough for me to start all my dreams in life. If they we're where they are not l can do it also. As long as you have the Chance to get your dream grab it because it might not giro you again. I will not waste time because I cant  get it back when it pass away. Opportunities are missed when you don't grab it. So be if it is there already.

I'm curious how you think it will cross $100,000 by December. I mean, currently it's at 9k. You're asking for a 100x. We're not talking about some low volume alt. We're talking about BTC, which has a daily volume in the millions.

For BTC to go up that high in price, you'd need tens of billions of dollars entering the market. I mean, you do realize that people will go from trading car-loan-level quantities into mortgage-level quantities, right? That kind of thing takes a lot more volume and a LOT of new money being infused into the system.

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May 02, 2018, 09:10:58 PM
 #10

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.

I think you can only do that when you are the one manipulating it's price. If you are a cryptocurrency whale then maybe you can easily say that it will grow higher than $10k by the satart of 2019. But there would be a possibility that it would be done because bitcoin's price already hit higher than $10k itself, so everything is possible.

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May 02, 2018, 11:10:07 PM
 #11

If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.
I think at this point you should not increase the amount of bitcoin and wait until the end of the year, I think you should latch out to usd whenever there is profit. You can see that the market in recent days is constantly changing and difficult to predict, so in order to successfully trade you need short-term trading. Bitcoin prices are rising sharply in the past few days but are still bearish in long term.
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May 03, 2018, 12:28:52 AM
 #12

I think that 10,000$ is a good number for bitcoin, am I happy with it ? no; do I want it to be higher ? yes; is it going to be ? we'll see; the thing for me is that I need to increase my btc holdings by trading alts, my goal is to reach 1BTC only with my trading profit, wish me luck

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