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

[btctaipei]

it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:

@ 100BTC that is $2,300,000 that isn't too bad but you can not load $ into any bank (maybe local currency if your country don't care).

to be clear at $100,000 that is $10,000,000 for 100 BTC, or around 300,000,000 twd.  Even with several convenience store it will take many many month to get this in without being noticed.

But if you have alot more (say 5000BTC) then it becomes an real problem.  Not to mention possibly of old fiat bills no longer will be used (similar to what happen in India recently)

[gmaxwell]

it is unrealistic even if you have moderate amount of BTC to just sell quickly and never come back to the game, here is why:

In the US you can easily move millions of dollars into and out of bank accounts without it being a big deal. At least for just a couple million it doesn't usually generate any remarks from bank staff-- or if they say anything they just assume you're buying an expensive home or selling a business.

[Sapphire915]

I voted yes. That was a huge amount of money if I owned even just a few Bitcoins. I can absolutely start a new life away from Crypto and there are lots of physical investments that I can possibly start with. Its not that I don't love Bitcoins anymore why I wanted to quit. Its just that I need to rest my eyes from always focusing on the computer monitor almost the whole time each day. My love, respect and trust with Bitcoins will always remain as it is my main financial source for a long time. But, somehow there are a lot of things that we need to decide for our own good especially if it is related to our health.

[Alucard1]

As of now, maybe I will take it because I badly need money but if it is not then I will ignore that kind of offer, I know that bitcoin has a good value in the future, and maybe it could reach over $100k, the person who will accept this kind of offer are those who don't have strong beliefs with bitcoin or those who need money for these days but if they do not need it for now then for sure they will also ignore it as well. You can still earn more money than that with trading for so many years.

[UserU]

I'd sell it for 100 grand, because it's gonna take a long time to reach that price.

Sadly I don't have that much to make a difference

[bryant.coleman]

I'd sell it for 100 grand, because it's gonna take a long time to reach that price.
Sadly I don't have that much to make a difference

It is such an exciting offer, and despite my 8 years of experience in cryptocurrency I am having such a hard time in making a decision. The current exchange rates are $23,500 per coin and the price being offered is more than 4 times the current level. If we strictly follow the investment rules, then this is an option that should not be ignored. But it is quite hard to ignore the emotional attachment, after staying loyal to cryptocurrency for so long.

[Vishnu.Reang]

I would not just want to sell my bitcoin and never come back because I believe that bitcoin will be more than $100,000, so I will still come back to bitcoin and buy more bitcoin. I will not just hold my bitcoin because if I do that, I will not make money from the rise of bitcoin prices that I believe will happen soon. If I can have more bitcoin by buying it when the price drops, that will be the way for me to make more money.

Eventually Bitcoin will be worth more than $100,000 per coin. But the big question is how long it is going to take for Bitcoin to reach that level. What if this level may be achieved only in 2030. Are you ready to wait until then. Or let's take two scenarios. In the first scenario, you are able to sell your coins for $100,000 in 2020.In the second scenario, you are able to sell them for $250,000 per coin, but only after 10 years. Which option is more palatable for you? I would definitely opt for the first option.

But then, what will be the choice, if $100,000 sale option is available in 2020, and $250,000 option is available in 2022 or 2023. Now the second option looks much more attractive.

[Tahid12]

Its really hard for me to answer because $100k is huge money and the bitcoin game also attrack me and makes crazy.but after all its about money.if i re-think about my crypto carriar, i made loss a lot. Exprianced a lots of scam projects who scammed my fund.so if anyone really offering me to accept such kind of $100k offer, i will be realistic & accept that cause don't know what will happened with bitcoin in upcoming years even able to hit that price or not!

[Mulann2]

I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.

There is a lot to watch out for until 100k can be achieved, the question is is it possible? Since the market cannot predict exactly how the price will form, it takes a big prospect to get a price of 100K, at least 30k in the position in 2021 is more likely to happen.

Apparently you are not reading the topic, this is a pool question about what would you do if given the offer of $100k for each btc you own will you take the offer, good to read and understand the conversation at hand before jumping in. Just saying 

[JahriMeayer]

I'm using bitcoin for so many years.this is the first currency, which help to a lot to teach me about crypto world.its become a part of my life, and so i can't sell it.i know your proposal is an oppourtunity to grab and change life.even it isn't really easy for bitcoin to raise $100k but i would like to be the of this bitcoin game and want see the things that would happened during $100k journey.so would like to hodl it for long

[ven7net]

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.

Yes, I would sell my BTC for $ 100,000 and would agree not to return to this industry. Why? It's that simple! Personally, I use cryptocurrency to make money, and money is needed to have the necessary things in this life. Even if I sold 1 BTC for $ 100,000, it was enough for me to do other things. Is it right or not? I think for me and my vision, yes, this is correct, but from a business point of view, it may not be wrong. In any case, everyone in the crypto industry in order to make money, and $ 100,000 for 1BTC is quite a good amount for this.

[aesma]

I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.

Couldn't you do enough of that stuff by selling less than your whole stash, keeping some for when 1BTC = 1 million ? Or maybe selling all but keeping some cash with the purpose of buying back lower ?

[coolcoinz]

I'll be honest with you. I probably would. There's a chance it could go higher in this cycle, but we could as well end at 50k in 2021 and enter a bear market for another 2-3 years. I have enough BTC @100k to build a house, start a business, put some money in stocks, help my friends and family with their business. I'd probably do much more in these 3 years with money at hand than I'd be able to do with more money 5 years later when we enter a new bull market.

There is a lot to watch out for until 100k can be achieved, the question is is it possible? Since the market cannot predict exactly how the price will form, it takes a big prospect to get a price of 100K, at least 30k in the position in 2021 is more likely to happen.

100k is possible. Even much higher levels like 500k are possible, but the time frame that you've mentioned is what matters here. If we assume that there's 90% chance that Bitcoin will achieve 100k at some point in time, if it keeps growing the way it does it could take 5 years, so another full bull/bear/bull cycle. Having 100k per coin at your disposal could be life changing for many people. In 5 years I'll be in my 40s, maybe I'll have a child... Having a few million USD in cash right now could help me more now than having 2x that in 10 years.

[Nazmul012]

people are aiming from bitcoin to hit $100k even $1M milestone.i would be happy if that imagination come true but totally unknown when it'll happened.but you are offering $100,000 instant and i think it'll wise disicion to accept.but it also possible that "be with bitcoin", may could change my future! Possible that i may earn more from thid crypto industry than you mention! So I'm not willing to sell my bitcoin

[menoiazei]

NO Way 

[ipanks]

I would not just want to sell my bitcoin and never come back because I believe that bitcoin will be more than $100,000, so I will still come back to bitcoin and buy more bitcoin. I will not just hold my bitcoin because if I do that, I will not make money from the rise of bitcoin prices that I believe will happen soon. If I can have more bitcoin by buying it when the price drops, that will be the way for me to make more money.

Eventually Bitcoin will be worth more than $100,000 per coin. But the big question is how long it is going to take for Bitcoin to reach that level. What if this level may be achieved only in 2030. Are you ready to wait until then. Or let's take two scenarios. In the first scenario, you are able to sell your coins for $100,000 in 2020.In the second scenario, you are able to sell them for $250,000 per coin, but only after 10 years. Which option is more palatable for you? I would definitely opt for the first option.

But then, what will be the choice, if $100,000 sale option is available in 2020, and $250,000 option is available in 2022 or 2023. Now the second option looks much more attractive.

I would not have a problem to wait for 10 years from now to see bitcoin reaches $100,000 per coin because that will be my opportunity to try to make more bitcoin. I will choose the first option, but I will buy more bitcoin while waiting 10 years later. I think that will still worth doing because, in the next 10 years, I can sell bitcoin at $250,000 per coin.

And in the second scenario, I will still sell bitcoin at $100,000 in 2020, and I will still trying to make more bitcoin to be sold in 2022 or 2023.

[gaston castano]

I think most people will choose no, let's say we have reached the point of 100 000 $ then will definitely look for a higher price, if it is or because the supply has not been fully mined. Even when BTC can't be mined anymore, the price will still fluctuate, and there will definitely be factors that cause it.

[AGD]

My wife says yes while I say maybe 

[satria157]

of course, maybe it's not just me everyone can do it. It could be that it is the highest point of the btc price so everyone will sell it, and when it dumps again, buy it while you can. maybe it will be your lifetime regret if you dont sell it lol

[LittleBitFunny]

I bought some bitcoins at a lot deeper, and I haven't sold them yet.
I decided that I would never sell my collected bitcoins unless I needed them too much.
No matter how much the price of bitcoin goes up, I will never sell those bitcoins.
I think everyone should buy some bitcoin and keep it in their collection.