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Author Topic: Your favorite altcoin reached $500  (Read 3134 times)
unusualfacts30 (OP)
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January 11, 2015, 06:42:03 AM
 #21

It would be a normal day since I expect more than that for MMXIV

good coin. Did you catch the pump a day ago? Someone was trying to pump it higher and he screwed up his order and forgot to put 0 in his sell orders. It went from .01 to 0.50 for few minutes and fluctuated between 0.07 and 0.50. I made some decent profit.

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unusualfacts30 (OP)
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January 11, 2015, 06:47:10 AM
 #22

This is quite exciting to think about. I would probably go and pay off debt and credit cards, then go buy a car. It is like going back in time with bitcoin and buying it up for pennies. This is unlikely though as there are so many altcoins and half of them if not more are scams.

I had a dream few days ago BitBay reaching $1 that caused me to create this thread. I was going maniac in that dream and trying to figure out how to cash out. I think that'll be the hardest thing. If you think about it cashing out 5000 BTC isn't very easy. I guess we'll have to do it in pieces at a time.

If you hold 500,000 of some altcoin and it reaches $500. You're talking billions. I wonder how it'll affect the economy. bunch of people cashing out millions/week. lol. It would be very exciting.

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January 11, 2015, 07:05:23 AM
 #23

This is quite exciting to think about. I would probably go and pay off debt and credit cards, then go buy a car. It is like going back in time with bitcoin and buying it up for pennies. This is unlikely though as there are so many altcoins and half of them if not more are scams.

I had a dream few days ago BitBay reaching $1 that caused me to create this thread. I was going maniac in that dream and trying to figure out how to cash out. I think that'll be the hardest thing. If you think about it cashing out 5000 BTC isn't very easy. I guess we'll have to do it in pieces at a time.

If you hold 500,000 of some altcoin and it reaches $500. You're talking billions. I wonder how it'll affect the economy. bunch of people cashing out millions/week. lol. It would be very exciting.

That's a good point. The big question is what type of effect it will have on the economy. Such large movements of money will have large scale economic impacts. It will have rebounding effects on the news and it may cause a ton of money to move into alts. Maybe it will be sustainable for a lot of people. The cars I would buy...
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January 11, 2015, 07:56:14 AM
 #24


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January 11, 2015, 08:49:57 AM
 #25

Sad to read that most of the profit wouldn't be spent wisely.

There are millions of things you could do to make the world a better place with money.
Noone can change anything, because without money it doesn't work, and if you get money in your hands you just think of hookers and lambos?
Seriously? Omg, grow up...
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January 11, 2015, 08:52:40 AM
 #26

You wake up tomorrow morning and you find out your favorite coin has reached $500/coin. What would you do?  Huh

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January 11, 2015, 09:00:55 AM
 #27

It would indeed change the world very much. Some people would be very rich in one moment.
I don't think it's gonna happen, but who could believe the price of bitcoin 6 years ago.
Never say never. I had to change my mind.
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January 11, 2015, 09:35:12 AM
 #28

not hookers and blow
unusualfacts30 (OP)
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January 11, 2015, 10:13:45 AM
 #29

You wake up tomorrow morning and you find out your favorite coin has reached $500/coin. What would you do?  Huh

https://www.youtube.com/watch?v=A939QRRSNV4

classic movie  Grin

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January 11, 2015, 03:14:13 PM
 #30

Start phase one of world domination -trollface-

Meaning, id start TONS of Community Gardens, build solar and wind farms for the city I live in, buy tons of land and build houses for my friends and family and anyone in the Collective. Generally try and do good for as many people as I can.

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January 11, 2015, 05:52:43 PM
 #31

Since I'm new to this,how am I supposed to sell hundreds of thousands of this coin at its peak?
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January 11, 2015, 11:11:36 PM
 #32

Since I'm new to this,how am I supposed to sell hundreds of thousands of this coin at its peak?

You just click the exchange's sell button and dump the price all the way down to one sat.
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January 12, 2015, 07:16:14 AM
 #33

Since I'm new to this,how am I supposed to sell hundreds of thousands of this coin at its peak?

You just click the exchange's sell button and dump the price all the way down to one sat.

I'm new,but not that ignorant  Grin Grin Grin Let's say that I have 100 k of the altcoin.Am I supposed to divide it to really small amounts so that people buy it?
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January 29, 2015, 01:00:24 PM
 #34

Your wrong an Altcoin was trading at one time at $900000 each yes $900000 42 coin still the most expensive crypto today  trading 1 42 to 4btc

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January 29, 2015, 01:04:23 PM
 #35

You wake up tomorrow morning and you find out your favorite coin has reached $500/coin. What would you do?  Huh
check my meds...

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January 29, 2015, 07:33:24 PM
Last edit: January 29, 2015, 07:55:03 PM by One Six
 #36

This is quite exciting to think about. I would probably go and pay off debt and credit cards, then go buy a car. It is like going back in time with bitcoin and buying it up for pennies. This is unlikely though as there are so many altcoins and half of them if not more are scams.

I had a dream few days ago BitBay reaching $1 that caused me to create this thread. I was going maniac in that dream and trying to figure out how to cash out. I think that'll be the hardest thing. If you think about it cashing out 5000 BTC isn't very easy. I guess we'll have to do it in pieces at a time.

If you hold 500,000 of some altcoin and it reaches $500. You're talking billions. I wonder how it'll affect the economy. bunch of people cashing out millions/week. lol. It would be very exciting.

I would buy a home, set up a retirement fund and go on a long vacation. But $500/coin is too much wishful thinking


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January 30, 2015, 11:10:25 AM
 #37

i will sell all of my coins and start a offline bussiness

do you think any altcoin will hit 500$ mark?
even 5$ price mark is hard for most altcoins,
if you have name of an altcoin that will hit 500$ tomorrow morning then send me name in PM i won't tell this anyone, promise Tongue
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January 30, 2015, 11:19:17 AM
 #38

i will sell all of my coins and start a offline bussiness

do you think any altcoin will hit 500$ mark?
even 5$ price mark is hard for most altcoins,
if you have name of an altcoin that will hit 500$ tomorrow morning then send me name in PM i won't tell this anyone, promise Tongue
he would be a fool to send it you  Grin

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January 30, 2015, 11:27:25 AM
 #39

i will sell all of my coins and start a offline bussiness

do you think any altcoin will hit 500$ mark?
even 5$ price mark is hard for most altcoins,
if you have name of an altcoin that will hit 500$ tomorrow morning then send me name in PM i won't tell this anyone, promise Tongue

Anything is possible. If we did not all think at least a few coins had that type of potential I doubt we would be sitting around here all day.  Grin

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January 30, 2015, 01:21:35 PM
 #40

if that happens, judging by my luck, i prolly wouldnt be able to deposit to exchange  until coins are worth nothing.
but my favorite coin did reach >500$, too bad i sold all @ 50$  :]

ahhh, sweet memories of over 500 bitcoins in my wallet ..
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