gonefishing510 (OP)
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Activity: 20
Merit: 0
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November 29, 2013, 09:08:31 PM
Last edit: August 30, 2014, 05:20:08 AM by gonefishing510 |
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No
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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Coma
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November 29, 2013, 09:28:18 PM |
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'if'? did you mean 'when'?
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 29, 2013, 09:40:03 PM |
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we will not hit 10k after we have some nice crashes and alot of tears  i guess  but what will we do then? wait for 20k. |
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pand70
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November 29, 2013, 09:48:31 PM |
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we will not hit 10k after we have some nice crashes and alot of tears i guess but what will we do then? wait for 20k. If we ever hit 10k bitcoin is going to be constantly in the headlines of every news paper / site / everything. I think it we 'll be 10k - 100k in 1 month or something. |
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Coma
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November 29, 2013, 09:59:52 PM |
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What an awful typo, correction done.
 much better I plan to be very generous with all the people that was generous to me. 3 or 4 people. Then I plan to be generous (but less) with some others. |
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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November 29, 2013, 10:06:13 PM |
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we will not hit 10k after we have some nice crashes and alot of tears i guess but what will we do then? wait for 20k. Based on what? There were dumps, we recovered within the same day. Unless you see a 100+k dump it can't crash that much. Besides, if we keep up only 5% daily growth we will hit 5k before 2014. Note: we are currently doing much more than 5%. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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pand70
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November 29, 2013, 10:49:34 PM |
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we will not hit 10k after we have some nice crashes and alot of tears i guess but what will we do then? wait for 20k. Based on what? There were dumps, we recovered within the same day. Unless you see a 100+k dump it can't crash that much. Besides, if we keep up only 5% daily growth we will hit 5k before 2014. Note: we are currently doing much more than 5%. Yes but for how many days that trend holds? You can't do long term predictions with short term data. |
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Patzek
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Activity: 46
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November 29, 2013, 10:58:57 PM |
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I might actually pull out 1 BTC to my bank account. And a resolution for good luck - i'll donate 0.1 BTC (1,000$)  |
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Lauda
Legendary
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Activity: 2674
Merit: 2965
Terminated.
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November 29, 2013, 11:04:51 PM |
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Yes but for how many days that trend holds? You can't do long term predictions with short term data.
Long term prediction 30 days?  |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Mondy
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Activity: 112
Merit: 10
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November 29, 2013, 11:18:22 PM |
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You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
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Lauda
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Activity: 2674
Merit: 2965
Terminated.
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November 29, 2013, 11:19:44 PM |
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You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
Why would they? I'd cash out mine at ~$30k minimum. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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malevolent
can into space
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Activity: 3472
Merit: 1721
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November 29, 2013, 11:22:51 PM |
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You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
Same was said about $10, $100 and $1000. Sure, some cashed out. Some even went full fiat (never go full fiat...) but in the end the only thing that changed was that more people got introduced to Bitcoin, happy to buy before the next increase in price. |
Signature space available for rent.
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pand70
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November 30, 2013, 12:13:03 AM |
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You do realise IF it hits 10k, everyone will begin cashing to fiat, as bitcoin alone is still pretty useless. Panic will cause a crash of some sort..
The exact opposite will happen. If bitcoin hits 10k everyone will understand that bitcoin is unstoppable and they 'll hoard like they never done before. Although in the long term i don't know if this is good or bad for the ecosystem. |
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Johnny Bitcoinseed
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Activity: 154
Merit: 100
Johnny Bitcoinseed
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November 30, 2013, 12:18:26 AM |
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Sleep, eat, go for walks, read, work on my business....
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Minecache
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Activity: 2198
Merit: 1024
Vave.com - Crypto Casino
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November 30, 2013, 12:20:40 AM |
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I'd hold and go about my normal business.
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kwest
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November 30, 2013, 12:23:34 AM |
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At $1100 I cashed out 1% of my holdings to pay for some Xmas gifts. I'll probably do the same now and then whenever I need something I can't buy with BTC.
The only reason that I would ever cash out 100% would be if I stopped believing in Bitcoin as the #1 crypto currency. Even if a competitor showed up that had what it takes to beat Bitcoin, I still wouldn't cash out immediately simply because of the head start Bitcoin has with ATMs, hardware wallets, POS devices, debit cards, retailers etc.
It's simply not an easy beast to kill.
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Siegfried
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November 30, 2013, 02:45:31 AM |
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I will buy 100 ounces of gold and invest in a few small businesses.
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Bitcoinpro
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Activity: 1344
Merit: 1000
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November 30, 2013, 02:54:10 AM |
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buy 2 or 3 small countries and turn them into mining farms |
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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bryant.coleman
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Activity: 3654
Merit: 1217
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November 30, 2013, 04:05:27 AM |
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Right now my BTCs, LTCs and TRCs are worth around $30K. When BTC cross the $10K mark, my coins will be worth some $275 K So far I haven't sold any of my BTCs. However, when they cross the $10K mark, I think I'll sell 20% of my coins.  For that money I'll buy land or gold. |
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beetcoin
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November 30, 2013, 04:19:12 AM |
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bunga bunga party? big pools, dirtbikes, sin and more sin, and then go for broke.
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