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Author Topic: At what price are you going to cash out your BTC stash  (Read 3745 times)
yayayo
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July 29, 2014, 01:25:26 PM
 #21

Why cash out at all? If bitcoin is successful you can buy everything with bitcoin. Who needs fiat then?

Bitcoin is better money than fiat. Why exchange good money for bad?

Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).

ya.ya.yo!

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DDBEK
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July 29, 2014, 03:43:19 PM
 #22

Whether BTC can rise to what value, I think I will not put my money into it.
Because this is not my whole life.

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July 29, 2014, 03:48:49 PM
 #23

Why would I want to sell Bitcoins for fiat?

Always wrong until not.
ensurance982
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July 29, 2014, 03:51:37 PM
 #24

Why cash out at all? If bitcoin is successful you can buy everything with bitcoin. Who needs fiat then?

Bitcoin is better money than fiat. Why exchange good money for bad?

Some people still do not seem to understand what bitcoin is. It's the end of money as we know it (fiat).

ya.ya.yo!

That's the right answer. If it is successfull, we don't need to trade it for FIAT anymore! We can buy our things we want to buy directly with bitcoin. It is indended to be a currency, after all!

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July 29, 2014, 04:38:53 PM
 #25

2,000? 5,000?

Eventually some people will cash their BTC stash at some point

lol, why would you sell money? You buy with money, not sell it.
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July 29, 2014, 05:08:48 PM
 #26

$50,000 minimum

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Mats8500
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July 29, 2014, 05:13:05 PM
 #27

For me 5-10k Minimum.
jcoin200
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July 29, 2014, 06:02:56 PM
 #28

$4,000
log2exp
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July 29, 2014, 06:58:35 PM
 #29

If you are talking about cash == fiat. Then I have no plan to do that, since holding fiat == holding the bag, why would I.
BitchicksHusband
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July 29, 2014, 07:46:22 PM
 #30

I plan on selling 10% every doubling, starting at $2500.

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azguard
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July 29, 2014, 09:08:17 PM
 #31

Reasonable selling price for me will be around 2k$ after that if price stabilize on this i will sell 20-30% of my monthly income every time after that.

Think that around 2k$ is reasonable price at least for me for other can be 100K if the want.



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Roy Badami
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July 29, 2014, 09:48:46 PM
 #32

I'm not going to cash out until BTC reaches $10.  Which we are assured will happen by the end of June.  
* Roy Badami taps his watch and thinks, "hmm, the date display must be stuck"

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July 29, 2014, 11:28:45 PM
 #33

I will cash out enough to pay for my mortgage. For tax purposes I would spread that out over 2 years.

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July 29, 2014, 11:30:41 PM
 #34

If BTC was at $2K I think most of us would hold on to em

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July 30, 2014, 01:15:51 AM
 #35

Some @ 10k, some at 100k, and none after that. Might do some direct trades for other assets but most likely I'm good after that. Barring disaster of course.

FAP Turbo 2.0, the FOREX trading robot which also trades bitcoin!

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July 30, 2014, 01:19:31 AM
 #36

I would probably cash out/spend my money if it hit 1000, and keep the other half in cold storage for a very long time, to see how much that increases. Currently I try not to spend my BTC, because I feel that it will be worth a lot in the future, and instead of buying that 1 GPU, in the future I could by 10 of the same GPU with the same amount of bitcoin. I get a sinking feeling when I spend my bitcoin, because it was worth twice as much a while ago.

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July 30, 2014, 01:22:56 AM
 #37

I think i'll never cash out ALL my Bitcoins since i believe Bitcoin is like the internet on 1980s.
But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun Cheesy
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July 30, 2014, 01:24:43 AM
 #38

I think i'll never cash out ALL my Bitcoins since i believe Bitcoin is like the internet on 1980s.
But once it reach 2000$, 5000$, or 10000$ i'll sell some to have fun Cheesy
I hope it hits 1,000,000$, then I will be rich, but the problem is is getting it back to fiat. Of course I will be able to spend it which is nice, but bitcoin might not be able to be used on insurance or homes or cars by the time it hits 1,000,000$, but that far in the future, anythings possible.

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July 30, 2014, 01:25:45 AM
 #39

I am going to panic sell at $400.

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July 30, 2014, 01:31:06 AM
 #40

Well, we might even be dead tomorrow. But for me, I don't think it's going to be the price to make me cash out. Maybe personal occasions or issues.

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