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Author Topic: What would you do "when" bitcoin hits 10,000.........  (Read 6269 times)
djalexr
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November 30, 2013, 04:22:03 AM
 #21

I'll wait for it to hit £10,000...

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BittBurger
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November 30, 2013, 05:03:28 AM
 #22

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..
Like others pointed out already, this was the *certain* result of hitting $1,000 and we didn't even have a crash at $1,000.

The big crash (or rather, correction) was at $800.

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
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November 30, 2013, 05:26:29 AM
 #23

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  




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acs267
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November 30, 2013, 05:30:04 AM
 #24

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.) If I get to 20BTC+, then I would by a few acres of land.
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November 30, 2013, 05:32:16 AM
 #25

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?
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November 30, 2013, 05:35:06 AM
 #26

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.
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November 30, 2013, 05:39:16 AM
 #27

I'm guessing probably 1,200-2,000 by the end of the year. It would take time for it to get to 10K.

I would be happy, because then I would have 6K+. I would probably start mining it (Mining rigs might cost over 10K though, so I would be screwed.)

you only have 3-5 BTC and you gave that amount (in the other thread) away on reddit?

Probably 1-3 BTC. Yes, I have been known to do idiotic things. Luckily, for me I only gave away .22BTC (Gave some other BTC to other people.)

Back on topic:

Won't be surprised if the U.S shuts it down for being higher than the USD.

"Because Bitcoin is a bigger profit, YOU BETTER HAND IT OVER TO US, RITE NOW. Or else you're going to jail." Oh dat freedom. Well, at least it's better than Argentina.

well, if bitcoin ever flies off beyond the moon, and i'm at retirement level AND if you are struggling financially, i'll be your insurance. just send me a PM by then... years and years into the future  Cheesy
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November 30, 2013, 06:28:01 AM
 #28

@ 10k i will still be wishing that I never donated that .25 BTC ($10) to LP.org
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November 30, 2013, 09:55:03 AM
 #29

My bank roll of .3 BTC seems really small. Have I missed the boat?
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November 30, 2013, 11:22:34 AM
 #30

My bank roll of .3 BTC seems really small. Have I missed the boat?

Can you swim ? Better try and go after it!! Smiley


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November 30, 2013, 11:24:46 AM
 #31

I am trying :-)  Hashing at 150 GH/S now. Looking to GROW.
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November 30, 2013, 11:29:00 AM
 #32

I will cry


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November 30, 2013, 12:21:15 PM
 #33

I am trying :-)  Hashing at 150 GH/S now. Looking to GROW.
Upgrade to 1500 GH/s and you're good to go.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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November 30, 2013, 12:32:06 PM
 #34

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
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November 30, 2013, 01:50:11 PM
 #35

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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November 30, 2013, 01:53:46 PM
 #36

Some thoughts.......

From the beginning to now, money came into the bitcoin system from mostly poor people who could only put down a few thousands at most. This "new" money is the reason why we have had crashes. People invest 1k and realize that their 1k had turn into 10k, 100k, or more, indeed a life changing sum for most early adopters, this causes a large amount of BTC wealth to be transfer to the "old money" individuals.   

This "old money" is from the fiat-rich folks who will still buy in at 5k, 10k, 50k, per coin, mostly as a storage of wealth. I predict that after the 5k range and beyond, the "old money" effect will kick in and stabilize the prices. Wealthy investors would not invest all their millions in bitcoin but, I am guessing, that they would keep their money in bitcoins longer, not having the life changing urge to sellout like the early, mostly broke, adopters, thus ultimately stabilizing the prices.

Any input on this idea would be great, thanks.

I certainly hope your theory is correct.
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November 30, 2013, 01:56:59 PM
 #37

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.

Some people are stupid.
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November 30, 2013, 02:03:04 PM
 #38

Sorry guys, if it hits $10k/btc I'm cashing out my $200k usd and buying an ashotn martin or ferrari. That's the only reason i'm in this game  

And when you take it to mechanic after 1st year you will sell your kidney to pay for bills....

Nothing. Same as I am doing now.
You should never buy something which you can't support with financial income.
You could be saving for 5-10 years to buy something expensive, eventually you will have no use of it since you won't be able to maintain it.

Some people are stupid.

Yeah like you




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November 30, 2013, 02:07:40 PM
 #39

Some people are stupid.
Buy a ferrari after saving for 10 years. Ferrari gets broken, repair costs $50k, have fun.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
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November 30, 2013, 02:09:34 PM
 #40

Looks like we are heading to 10k in the near future. What would you do with all your newfound wealth?
Nothing.
Throw it in a lake.

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