Would you sell your BTC for $100 000, and never go back to the game again?

[Lucius]

It is always an interesting question how many people are really interested in Bitcoin because of what it represents, and how many are exclusively interested in profit. Without going into some big discussions about what Bitcoin should be, what it is today and what the future holds, I will ask you one very simple question that I would like you to answer honestly.

Most have their own figures when it comes to selling BTC, and accordingly my question is: If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

The poll will last for 7 days.


Local rule : Please avoid unnecessarily quoting of whole posts if it is not really necessary.

[nicecrypto]

Very tough question, $100,000 is not a small money from where I come from, such money is enough to get settled and leave a good life,
There is a possibility the price could go higher, if I accept this offer and am not able to own btc again I will lose out on future price, same way the price could dump and if I refuse to accept this offer I might miss a good offer,
Ummm...... I accept  

[Mulann2]

For anyone to make me such an offer only tells me one thing - btc will definitely go even higher that what he is offering so I will respectfully pass, I will prefer to hold and ride it to the very end, it could be $1million or Zero  but am willing to see the end.

[NeuroticFish]

Bitcoin is (also?) a currency. Sooner or later I may have to use it again for whatever reasons.
Also I don't own enough bitcoin to allow me retire if I sell at 100k

So I guess that I'll stay in the game. I'll work more, I'll earn more and I'll wait for Bitcoin get much higher than 100k. Not much else I can do.

[hatshepsut93]

This isn't even a good idea from a point of view of investing, because there is a chance that it will go far above that, so it's always good to own at least some Bitcoin. This is what I actually plan to do - I want to sell 50-80% of my coins during this bull run, but still keep the rest and only sell them if the price will reach $250k or higher.

But I could totally live without Bitcoin, there are other stores of value - physical gold, offshore bank accounts. But I'd rather park my money somewhere where they will make profit - real estate or stocks most likely.

[bittreo]

For instance, I can accept $100K as it a significant amount indeed. Besides, I can easily diversify that amount into Ethereum (majority) and physical assets like Gold or real estate. Real estate alone can give crazy returns within a short period of time (years) if picked carefully after conducting research.

[BlackHatCoiner]

So selling my bitcoins for $100,000 each and never get into it again in my life? First of all, I have not 1 bitcoin, so I couldn't make a big profit. Secondly, this thing has just begun. I consider myself a lucky man that got into the game 10 years after it started. Last but not least, I choose to go with the HODLing way. And who knows, someday I may sell my bitcoins for more than $100,000 each. 

[mk4]

The easiest no for me. I'm planning on holding bitcoin up to the point that I wouldn't even need to sell(besides small amount of coins for bills and such assuming we still can't pay with BTC on stores at a certain point).

The only exception would probably be something like a family member in a critical condition and need a huge amount of money asap. Parting with my coins would suck, but carrying huge amounts of guilt til I die would suck a lot more lol.

[BrewMaster]

i think it depends a lot on how much bitcoin each person has. it is so easy to vote no for someone who has a small amount of bitcoin like having 0.01BTC in total but it is an entirely different discussion if that same person had a much large amount like owning 50 or 100 bitcoins.

there is another matter which is timing. if this question was asked back in 2018 when price was going down and price was $3k then it would havc been different from now that the price is already on the rise and $100k is just around the corner!

[bL4nkcode]

Why would I stop if I keep gaining profits from it? If this price reached, surely I would sell but I won't stop stacking, the price might dump after that year's ATH but it will pump again for sure for the next few years and that's the most awaiting and interesting part of hodling bitcoin.

[Upgrade00]

Getting $100,000 per coin for every Bitcoin I hold (or fraction of Bitcoin I hold) at the expense of having to sit out what I consider to be the biggest financial revolution of the century while we are still in 2020?

I'll decline regardless of how much bitcoins I own.
A few years back when I had less understanding of how the Bitcoin network works I would have jumped at the offer, but now I believe Bitcoin would almost definitely hit that amount in the future and go much higher and during this growth phase there is an opportunity to accumulate more, so more profits; Even if I was here for solely for the profit I would still not accept the offer as it could prove to be less profitable than holding.

Of course it would be shrewd to also consider the cons of refusing; There are risks both on the market movement and your personal ability to securely hodl your coins. The Bitcoin space would likely change dramatically in the coming 5 - 25 years and enthusiasts would need to adapt to retain the qualities which attracted them to Bitcoin.

[kryptqnick]

I voted 'No' and I'm glad that it's the choice of the majority here. I hope it's not because $100k is not the right price, but, say, $1 million would work.
Even though Bitcoin is not greatly adopted as money for now, I think it's ideologically and practically useful to stay in touch and to have some BTC because it's decentralized and because it might become our future after all. So for me there's no right price to sell everything. I don't keep big amounts of BTC, I gain some and sell some regularly. I wouldn't sell it for fiat if I could use it directly to fulfil my basic needs in my city, but unfortunately that's not the case.

[Reid]

For someone near death, in debt, or have a bad sickness this will be a great deal and they will bite it without second thoughts.
But for young bitcoin holders that still have so much time in this world, they will just risk waiting instead of selling.
I say I will take the young side.  (Although I am not that young anymore)

It's just difficult to imagine not going back.
You learned so much about it and letting it go will not be that easy.
Sometimes you even dream about it. 

[btctaipei]

Sell you BTC @ any amount and never go back is a sin..

Beauty, wealth, fame means nothing.
honor and Eternity is.

assisting BTC adoption today.  Give it away for worthy causes. You won't regret it.

for some it is impossible to sell all BTC. You know the risks. But by giving away and help adoption we can overcome evil all together.

[Asuspawer09]

I think the best way to do it is to sell your bitcoin for $100 000 and then when the market price goes down reinvest some of the money for a possible another $100 000.

I guess for a poor guy like me   I would take the bitcoin for $100 000 per coin or $100 000 and never go back because I could already start a good business or a passive investment like a real state that could never go wrong. Maybe it this happened in this year where bitcoin still have a lot of room for improving I might take it as a No, but if the 100k$ is its highest potential its a yes.

But for some rich guy here   I guess it would be the opposite since $100 000 per coin might just be a small amount of their savings and they could easily earn that amount.

[btctaipei]

<SNIP>
But for some rich guy here   I guess it would be the opposite since $100 000 per coin might just be a small amount of their savings and they could easily earn that amount.
<SNIP>

Rich is relative.  When BTC was $40 we thought of the same thing.
It was so tempting, but instead of selling we circulate (buy&sell&adopt).
Not 1 BTC was lost for the 7 years.

[OROBTC]

...

Yes, I would take the money and run.

Another interesting question would be to have asked if each Voter were a "small" HODLer or "large".  I would bet that many larger holders would sell and move on..  ("Small HODLer" here)


EDIT: Besides, because no one can predict the future (and unknowable technological change)...

[Silberman]

If someone were to offer you the option at this point to sell all the Bitcoin you have at a price of $100 000 per coin on the condition that you should never own it again, would you agree to it?

This is a difficult question to answer because it will depend entirely on my circumstances at the time and as such my answer will change depending on them, however if I had to answer that right now I would answer positively since you are basically selling your coins for 400% above their market value so you are being paid nicely for the privilege, and since the condition is simply to never buy bitcoin again you could buy gold if you want a store of value or just invest in ethereum and other altcoins in order to still try to capture the growth that is coming to this market.

[Josefjix]

Leaving it completely means, I'm restricted to teaching about Bitcoin, spreading the news that revolves around it, commenting on this Forum, hanging out with friends I have made in the journey of Bitcoin. Starting a new life all over again. That would be quite a boring lifestyle to live and considering the development of Bitcoin and how absolute it is going to surpass the offered $100k. I would rather wait and HoDL on to it as the person who is offering me the cash.

[Becky666]

Candidly, i wouldn't accept such offer becasue of the future. We have just started a journey of a new financial revolution which will take the whole wide word into much height in terms of finance. Some of Bitcoin fractions am holding aren't much to sale for profit, so, for anyone to give $100k for the sake of me never to go back to where my passion lies; i will say a big NO, because i believe the future of Bitcoin is very bright and won't trade it for my reason or for any amount.