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Author Topic: Who's a Full Owner and not going to jump ship?  (Read 4374 times)
philip2000uk (OP)
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November 08, 2013, 06:27:04 PM
 #1

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

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November 08, 2013, 06:53:00 PM
 #2

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

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November 08, 2013, 06:56:41 PM
 #3

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

unaware
what what what

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November 08, 2013, 07:44:22 PM
 #4

At this time I will cash out the remaining bitcoins I have in bulk if I see a price I like. But I am making new bitcoins all the time now which I am keeping as bitcoin for the time being.

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November 08, 2013, 08:12:34 PM
 #5

buying a modest home is my dream.. but that's not happening for a while. i don't have enough coins to buy a house until bitcoins grow by an astronomical amount - a number that we may not ever see.
philip2000uk (OP)
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November 08, 2013, 09:09:08 PM
 #6

buying a modest home is my dream.. but that's not happening for a while. i don't have enough coins to buy a house until bitcoins grow by an astronomical amount - a number that we may not ever see.
If people don't sell then hopefully it will grow Smiley if it's self sufficient.  Though I bet people will start getting twitchy around $500 if they see one $ drop then everyone will be trying to under sell and then a collapse maybe? I dunno.

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November 08, 2013, 11:12:19 PM
 #7

i would buy a big house and a technology company like apple Smiley
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November 08, 2013, 11:18:00 PM
 #8

By the time I want to sell my bitcoins, I will not need.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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November 08, 2013, 11:32:16 PM
 #9

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

This balloon is getting ready to POP! Grab your beer and ammo and head for the hills!!  Shocked
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November 08, 2013, 11:44:08 PM
 #10

I'll sell when it's worth around 1 mil.

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November 08, 2013, 11:51:21 PM
 #11

I'll sell when it's worth around 1 mil.
The problem is that when 1 BTC = 1 million USD then 1 million USD may buy you a car (maybe)

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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November 09, 2013, 12:01:11 AM
 #12

I'm holding to when I can shop for groceries with it.

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November 09, 2013, 01:30:02 AM
 #13

Please explain the term "Full Owner" I am confused.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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November 09, 2013, 01:34:03 AM
 #14

Please explain the term "Full Owner" I am confused.
Apparently, someone who holds 21 Million BTC  Roll Eyes
When one person or organization owns all of a company, property etc, rather than just part of it.

Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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November 09, 2013, 01:54:33 AM
 #15

Please explain the term "Full Owner" I am confused.
Apparently, someone who holds 21 Million BTC  Roll Eyes
When one person or organization owns all of a company, property etc, rather than just part of it.
Maybe the owner of at least one full BTC?

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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November 09, 2013, 02:40:38 AM
 #16

I'm holding to when I can shop for groceries with it.
That will be the first carrot bought with BTC.  Grin

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November 09, 2013, 02:41:21 AM
 #17

I'm not a true owner. If it gets  to a very high amount I will probably be selling.

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November 09, 2013, 03:05:05 AM
 #18

I'm holding to when I can shop for groceries with it.

I am with rabbit on this one... I have quite a few BTC to make me... happy.
There is no way I am letting them go.

I would love to see BTC integrated into retail and grocery shops... and I truly believe it will happen.
Look at the pub that accepts FTC! 

I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

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November 09, 2013, 03:07:33 AM
 #19

I'm holding to when I can shop for groceries with it.

I am with rabbit on this one... I have quite a few BTC to make me... happy.
There is no way I am letting them go.

I would love to see BTC integrated into retail and grocery shops... and I truly believe it will happen.
Look at the pub that accepts FTC! 

In the US we can put BTC onto gift cards and go to Walmart and get groceries.  I have not done it yet though.  I am holding on my coin for as long as possible.  Especially with rises like today.  Who know where it will go.  Granted, it will probably drop at some point too but it is looking good right about now.  Grin

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November 09, 2013, 03:16:51 AM
 #20

Shoot... I remember a year ago it was like $5.00/each. 
People said it was maxed and would not go any higher.

Then it hit $20.00 a piece.
$50, $100, $200, back to $100, and now look.

Where will it be in another year?  Grin

I will NEVER ask for any kind of funds up front in a buy/sale of anything on bitcointalk.

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November 10, 2013, 08:32:33 AM
 #21

Shoot... I remember a year ago it was like $5.00/each. 
People said it was maxed and would not go any higher.

Then it hit $20.00 a piece.
$50, $100, $200, back to $100, and now look.

Where will it be in another year?  Grin

~ $1000
and after the block reward halving in 2016 (I think) it will be much higher.

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philip2000uk (OP)
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November 10, 2013, 08:42:16 AM
 #22

I'm holding to when I can shop for groceries with it.

I am with rabbit on this one... I have quite a few BTC to make me... happy.
There is no way I am letting them go.

I would love to see BTC integrated into retail and grocery shops... and I truly believe it will happen.
Look at the pub that accepts FTC! 

In the US we can put BTC onto gift cards and go to Walmart and get groceries.  I have not done it yet though.  I am holding on my coin for as long as possible.  Especially with rises like today.  Who know where it will go.  Granted, it will probably drop at some point too but it is looking good right about now.  Grin
Yeah it did drop last night from $368, just woke up and it's $345 but starting to rise again.  At least on the mtgox graph.  But I suppose it's expected as the twitchers sell at the first instance of a drop.

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November 10, 2013, 03:31:06 PM
 #23

I'll sell when it's worth around 1 mil.
The problem is that when 1 BTC = 1 million USD then 1 million USD may buy you a car (maybe)

Or a cup of coffee like in the weimar republic when they had to take a suitcase of money to eat at a restaurant.


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November 10, 2013, 03:36:29 PM
 #24

I'll sell when it's worth around 1 mil.
The problem is that when 1 BTC = 1 million USD then 1 million USD may buy you a car (maybe)

Or a cup of coffee like in the weimar republic when they had to take a suitcase of money to eat at a restaurant.


No and no.
You can exchange it into some other more valued currency anyways.

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November 10, 2013, 03:45:36 PM
 #25

no one has allegiance to Bitcoin  . Only what Bitcoin can do for them. This is our nature.

If we could buy apples at $1 and sell them a week later for $5 that's were our focus would be. People only want to exploit bitcoin for what is can do for them. I do not think people have any real sentimental attachment toward Bitcoin
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November 10, 2013, 04:20:54 PM
 #26

I'm holding to when I can shop for groceries with it.

+1
I'm pretty sure it's possible, somewhere.

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November 10, 2013, 05:29:52 PM
 #27

I'm holding to when I can shop for groceries with it.

+1
I'm pretty sure it's possible, somewhere.

Okay, to rephrase- I'm saving for when I can buy groceries, anywhere.

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November 10, 2013, 05:33:55 PM
 #28

Okay, to rephrase- I'm saving for when I can buy groceries, anywhere.
You mean everywhere.

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November 10, 2013, 05:34:17 PM
 #29

~ $1000
and after the block reward halving in 2016 (I think) it will be much higher.

You don't have to guess when it will happen:  

http://bitcoinclock.com

Reward-Drop ETA: 2016-09-25 02:02:27 UTC (149 weeks, 6 days, 12 hours, 30 minutes)

As of this posting.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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November 10, 2013, 05:44:18 PM
 #30

~ $1000
and after the block reward halving in 2016 (I think) it will be much higher.

You don't have to guess when it will happen:  

http://bitcoinclock.com

Reward-Drop ETA: 2016-09-25 02:02:27 UTC (149 weeks, 6 days, 12 hours, 30 minutes)

As of this posting.

Thanks for sharing the link, very useful.

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November 11, 2013, 01:03:32 AM
 #31

Nobody wants to buy BTC from me, so maybe they'll sell vehicles and real estate I want for it someday when BTC is >$999 and stably so.

Saying that you don't trust someone because of their behavior is completely valid.
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November 11, 2013, 01:05:04 AM
 #32

Nobody wants to buy BTC from me, so maybe they'll sell vehicles and real estate I want for it someday when BTC is >$999 and stably so.
I will buy them if you are selling them for a very good price Wink

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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November 13, 2013, 07:33:11 PM
 #33

im holding 50% of my coins and trading the other 50% to get more to hold Smiley
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November 13, 2013, 07:46:18 PM
 #34

Nobody wants to buy BTC from me, so maybe they'll sell vehicles and real estate I want for it someday when BTC is >$999 and stably so.
Q1 2014.

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November 13, 2013, 09:50:14 PM
 #35


Saying that you don't trust someone because of their behavior is completely valid.
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November 13, 2013, 09:54:00 PM
 #36

I'm holding to when I can shop for groceries with it.

/thread
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November 14, 2013, 12:49:23 AM
 #37

By the time I want to sell my bitcoins, I will not need.

^ This
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November 14, 2013, 03:14:48 AM
 #38

I'm holding to when I can shop for groceries with it.

If you have a US shipping address, here's a bunch of stuff you can get at grocery stores...
http://bitcoin-otc.com/vieworder.php?id=18382
http://bitcoin-otc.com/vieworder.php?id=18383
http://bitcoin-otc.com/vieworder.php?id=18384
http://bitcoin-otc.com/vieworder.php?id=18385

Saying that you don't trust someone because of their behavior is completely valid.
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November 14, 2013, 04:59:32 AM
 #39

He probably meant at a local scale.

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November 14, 2013, 06:42:29 AM
 #40

"If it got to 100$/minicoin" is visions of sugarplums. It's a distraction.

I have a stash of BTC, not because I think the price will someday reach X, but because I think that someday I will be able to buy vegetables with it (as others have put it). More to the point, I think that someday my friends will be able to buy groceries or pay rent with it, and have that not be a crazy thing for them, and so I'll be able to buy their artwork with it in the kind of trade that we'd use PayPal for today. I'm waiting for it to be, maybe a little weird, maybe a little uncommon, but useful on the street at about the acceptance levels of a Discover card or something. That's when we'll have truly arrived, and barring an urgent need for liquidity, it's what I'm aiming for: not to sell my stash, but to spend it.

Current money or bust.

If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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November 14, 2013, 07:27:33 AM
 #41

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.

Whats is this thing , they are doing "it" ? Hope is not anything related to your sig Cheesy


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Lauda
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November 14, 2013, 02:17:44 PM
 #42

Say if it got to 100,000 then for myself I would probably withdraw 2 of the coins to buy a house in a warmer country and set up a charity.  Then leave the other half as bitcoins and buy things and do work in bitcoins.  Kenya is already doing it.  Also Cyprus I believe.  China I think too.
Yes, I'd move to some warmer place too. This climate is annoying.

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lucaspm98
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November 14, 2013, 02:31:46 PM
 #43

I would sell a small amount to get a car, house, etc. but by that point it's possible that most transactions will occur in BTC so it may not even be necessary to "jump ship" as you put it.
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November 14, 2013, 04:02:42 PM
 #44

After the price reaches a certain level, I'll start spending a little every now and again.
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November 15, 2013, 02:39:40 PM
 #45

After the price reaches a certain level, I'll start spending a little every now and again.
There is this weird wish of holding onto them forever.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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