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Author Topic: Who's a Full Owner and not going to jump ship?  (Read 4449 times)
Lauda
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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.

Leather girls identity film2 on youtube and website link i accept bitcoin Smiley
techstorm2
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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.


Dime 7Q3cZtyJemmE8pJsrYgX24mHnkqZX6M6hP
BTC 18vbvovBeM5ZTZqR5ZWAy75EXE7qTNipuo
Mooncoin 2QgyivUMa7Zun6oPdxeE1yry1aNp5hqrDb
LTC Lg3UYGCAe3Tb146PiMqeGNLR7bnjdM447d
Doge DPd1XejW8TabJu5gfjyKnuQYQ9Vzw1anXN
Lauda
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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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JungleBook
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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
Lauda
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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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crazy_rabbit
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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.

more or less retired.
Lauda
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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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BurtW
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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!
Lauda
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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.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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TheButterZone
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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.
BurtW
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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!
jeppe
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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
Lauda
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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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TheButterZone
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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.
cdog
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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
snakebit
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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
TheButterZone
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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.
Lauda
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November 14, 2013, 04:59:32 AM
 #39

He probably meant at a local scale.

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Qoheleth
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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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