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Author Topic: If BTC goes to $1000 or more, what would you do?  (Read 38343 times)
CrackedLogic
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March 09, 2015, 01:58:20 PM
 #101

I'll definitely spend a lot of bitcoin while it's still at the $1000 mark. Rather take full advantage - if it would drop after that I'd just buy more and hold again.

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KaChingCoinDev
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March 09, 2015, 02:07:42 PM
 #102

I would sell and wait for it to go back down.
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March 09, 2015, 02:45:36 PM
 #103

of course im sell it, but are u still believe bitcoin can reach to $1000

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March 09, 2015, 02:52:55 PM
 #104

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

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March 09, 2015, 02:57:50 PM
 #105

Firstly I would party. Secondly I'd treat myself and buy some things with my coins. New TV, Computer, Phone etc.

Reading most of the comments tells me that people are just too optimistic. Before we even reach 1k, we should at least ask ourselves whether we can breach the psychological 300 level. I'm not trying to sound negative in anyway. While there's chance for price will go up, we just shouldn't set our mind thinking about the same thing all day long.

Why's it that optimistic? It was at 1k before and I'm sure it'll be there again, though it may take some time.
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March 09, 2015, 03:09:32 PM
 #106

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

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March 09, 2015, 03:36:48 PM
 #107

Some people are so greed blind they will hold forever. And that is little sad. Do not wait for price rise to some mythical values - use your bitcoin on daily basis.

bitcoin isn't created to the purpose of people using it as an investment vehicle but as a currency. It is also insane to think that people will hold until it reach a very improbable value (say $1m per bitcoin) then sell it afterwards.True, you may be a millionaire by holding those coins, but no one in the right state of mind would buy such a thing priced at $1m unless there is a 100% of profit from it. Only the rich can afford that.

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dothebeats
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March 09, 2015, 03:42:08 PM
 #108

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

The chances of that happening is very slim, but not impossible of course. If the protocol is found to be not secure, or the demand for it was lost (which is very unlikely), it can make the price crash. But who knows? We can only speculate. But seeing how big bitcoin had become only proves that only a big event will make the price crash to 0.

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Scamalert
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March 09, 2015, 03:43:05 PM
 #109

Make sure not to get scammed and lose your coins. That should be your priority.
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March 09, 2015, 03:46:29 PM
 #110

of course im sell it, but are u still believe bitcoin can reach to $1000

Yes I'm able to. I'm also able to believe it can crash and end up back at $0. If it can go from $200 to $1000, why can't it go from $1000 - $0?

so, it will crash to 0?

if it crashes to 0 it would not matter because the only way it does that is if it is dead and as i keep saying bitcoin will not die so therefor it is extremely unlikely, imo there is more chance of it going to the ridiculous figures  some talk about like a million than going to 0 Smiley

I cash out the minute it goes near 1000 as that would be the return i would be overly happy with

TC is the worse thing to happen to default, needs to open his eyes and not jump to conclusions, not everyone lies!!! Anyway as promised I have left, pass word changed to long random which I will forget like that plonker who ruined a perfectly fine account.
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March 09, 2015, 03:49:52 PM
 #111

Some people are so greed blind they will hold forever. And that is little sad. Do not wait for price rise to some mythical values - use your bitcoin on daily basis.

bitcoin isn't created to the purpose of people using it as an investment vehicle but as a currency. It is also insane to think that people will hold until it reach a very improbable value (say $1m per bitcoin) then sell it afterwards.True, you may be a millionaire by holding those coins, but no one in the right state of mind would buy such a thing priced at $1m unless there is a 100% of profit from it. Only the rich can afford that.

Bitcoin can be used how ever one wants to and that's the great thing about it. If you want to use it as a currency go right ahead but some are seeing the opportunity as a speculative investment, but they could also be wanting to use it as a currency in the future. You also don't need to hold until it's worth millions. Even worth a thousand would do and I think that price is easily achievable and at the current value so I think it's silly to spend it right now personally.
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March 09, 2015, 03:53:50 PM
 #112

Make sure not to get scammed and lose your coins. That should be your priority.

That is good advice i must say, more scams will likely come out of the woodwork on the way to them levels so keeping a good eye on things is a must, always use escrow if trading on here for starters. Then do not leave any amount on exchanges, be your own bank.

ChuckBuck
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March 09, 2015, 04:00:33 PM
 #113

Easy answer.  HODL some more!   Grin

Sure, I'd offload a couple here and there, buy a nice dinner, maybe something for the wifey, but if you believe in Bitcoin, you just keep on keeping on.

BUY, HODL, ACCUMULATE MORE...and spend a little.  Gotta keep the ecosystem runnin'   Cheesy

CharityAuction
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ColdScam
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March 09, 2015, 04:29:39 PM
 #114

Nothing, it's just $1000, the potential should be more than $10K.

Potential? Try 60-80 million usd per coin. But that's probably 20+ years off still.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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March 09, 2015, 04:36:30 PM
 #115

buy more and wait for 10k  Tongue

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March 09, 2015, 05:09:16 PM
 #116

Reading most of the comments tells me that people are just too optimistic. Before we even reach 1k, we should at least ask ourselves whether we can breach the psychological 300 level. I'm not trying to sound negative in anyway. While there's chance for price will go up, we just shouldn't set our mind thinking about the same thing all day long.
Dude you are deluded. Of course we'll go beyond 300 and 1000. Just wait and see. The fiat corrupt system is fucked and Bitcoin is the only answer. All other altcoins are shit and metals are boring.
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March 09, 2015, 05:23:38 PM
 #117

i would buy some decent upscale hookers for a change!
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March 09, 2015, 05:35:38 PM
 #118

Reading most of the comments tells me that people are just too optimistic. Before we even reach 1k, we should at least ask ourselves whether we can breach the psychological 300 level. I'm not trying to sound negative in anyway. While there's chance for price will go up, we just shouldn't set our mind thinking about the same thing all day long.
Dude you are deluded. Of course we'll go beyond 300 and 1000. Just wait and see. The fiat corrupt system is fucked and Bitcoin is the only answer. All other altcoins are shit and metals are boring.

Well not deluded, just thinking of other possibilities other than "moon". It is true that the fiat system is kinda fcked up, but we couldn't safely say that bitcoin is the only answer. Bitcoin offers a lot of convenience and security to the users, but are those enough to satisfy the demands of the majority of the people in the world? We haven't seen mass adoption yet, so we couldn't sit down here and relax and say that "Nah, bitcoin will succeed anyway." A sane man wouldn't think of only the positive side, but he will also ponder along the negative lines as there is no such thing as impossible, only improbable.

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March 09, 2015, 05:51:01 PM
 #119

well i bought most of what i could afford at $160 to $200 price when it was at the lowest possible price, so i doubt if i would buy any more with higher price for NOW. and if the price rises as high as $1000 i think i am going to spend my btc on something. but for now i am just earning, trading and holding...

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 09, 2015, 06:46:21 PM
 #120

The obvious and only correct response is to panic buy at that price point.

If you HODL store it CODL!
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