Bitcoin Confidence Test

[Fudoaridolu]

Hello Everyone,

Most of us have Bitcoin but how much we trust Bitcoin?

My offer is very simple, İf someone want to buy all Bitcoin in your hand and pay for each Bitcoin 25k USD. Do you accept or reject. But there is one simple rule: You will never buy Crypto currency again.

The purpose of this survey is to measure our confidence in Bitcoin. I think through this survey we can see how much we trust the future of Bitcoin.

Let's see how much we trust Bitcoin.

Thanks for participating !!!

[BrewMaster]

My offer is very simple, İf someone want to buy all Bitcoin in your hand and pay for each Bitcoin 25k USD. Do you accept or reject. But there is one simple rule: You will never buy Crypto currency again.

yes i will sell in an instant simply because we don't live in a hypothetical world and you would have no way of enforcing your rule in the real world and a rule without the enforcing power is hot air.
i would take the $25k per coin money and buy bitcoin at $11k with a big profit

[mk4]

Just a note to you OP. We can "trust" Bitcoin, the protocol, even if we're not confident that the price will go up. Price is not an indicator of it's success in the first place.

Anyway, for your question, no. I won't sell. Bitcoin reached somewhere around $19,000 in 2017. While the saying "Past Performance Is Not Indicative Of Future Results" is at play here, I think it's very likely for Bitcoin to reach $25k, and even a lot higher when we're talking about the long term. It's just a matter of when.

[MTL4]

Why not just ask everyone how high they think bitcoin will go?  If I think it won't go higher than $25k then I'll sell, otherwise I won't........seems pretty simple.

......and my answer would be no, I wouldn't sell at $25k.

[trapatalce]

Hello Everyone,

Most of us have Bitcoin but how much we trust Bitcoin?

My offer is very simple, İf someone want to buy all Bitcoin in your hand and pay for each Bitcoin 25k USD. Do you accept or reject. But there is one simple rule: You will never buy Crypto currency again.

The purpose of this survey is to measure our confidence in Bitcoin. I think through this survey we can see how much we trust the future of Bitcoin.

Let's see how much we trust Bitcoin.

Thanks for participating !!!

I wouldn't sell it simply because it prevents me from buying ANY cryptocurrency. If you forbade me from buying ONLY Bitcoin, I'd sell in an instant.
But I love altcoins.

[Eraldo Coil]

I would say no to that offer. The profit that I am going to have in the future is going to be more than just $25,000. The growth of cryptocurrency is going to be better in the next few years and we are not going to be get stucked on prices. Projects will continue and so as the profit. I think the offer is not just worth it.

[HardFacts]

You will never buy Crypto currency again

THAT IS A BAD QUESTION...  Very dishonest.  That is like me saying  " if you sell PESOS at X price, that you will never use any fiat money again, including US dollars "   Nothing short of ridiculous.


Bitcoin is NOT all cryptocurrency...   

[Getmon]

This question is a bit confusing. If I have a lot of Bitcoins, I would take the opportunity to sell them all at $25,000. Why wouldn't I? That is more than double the current Bitcoin price right now. So I will not buy Bitcoin anymore after that, right? So I will buy altcoins, lots and lots of altcoins. And you know what, I will sell all of them for Bitcoins. That way, I am not buying any Bitcoin at all. I am within your conditions. 

[pooya87]

you are not testing "confidence" that different people have in bitcoin! you are asking about their speculation about bitcoin price and at a very low price level. and this is not a survey, it is just a 2 option question which won't help you make any kind of conclusion whatsoever.

[elda34b]

So, the underlying assumption about trust, in this case, is that we believe Bitcoin price will increase up to the point it worths more than 25k usd per Bitcoin. If somebody said that they are fine with selling Bitcoin @25k and never buy any crypto again, that means they don't believe Bitcoin would rise more than 25k?

Anyway guys, this is just a simple survey. No need to be realistic as if OP would really buy your Bitcoin.

[jake zyrus]

So If someone said yes, does that mean that he doesn't trust bitcoin? Just because he sell his bitcoin for 25k? That can't measure the trust of a person have. I just don't think it's the basis to measure someone's trust for bitcoin. And for the rule given, I also don't think that people would follow the rule.