molecular
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Activity: 2772
Merit: 1019
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March 10, 2015, 07:09:14 AM |
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at $2500 I stop working for other people and on my own ideas only.
why not now? Well, I don't have the balls, I guess.
This sucks, I should start working exclusively on my own stuff NOW.
Anyone have an idea how to overcome the fear to do that?
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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futureofbitcoin
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March 10, 2015, 07:15:35 AM |
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at $2500 I stop working for other people and on my own ideas only.
why not now? Well, I don't have the balls, I guess.
This sucks, I should start working exclusively on my own stuff NOW.
Anyone have an idea how to overcome the fear to do that?
Put a few million dollars in your emergency savings account. |
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PaulPierce
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Activity: 112
Merit: 10
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March 10, 2015, 07:27:51 AM |
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If it hit $1000 I would not do a whole lot... I am not making much BTC at the moment although I should be soon.
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0.001 BTC/Ghs | Paying consistently since November 2014 |
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steven.G999
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March 10, 2015, 07:31:32 AM |
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i think btc will be most valuable when its close to the 21 millionth coin being mined.
how long it took to reach 21m bitcoin? when bitcoin is up at the mine, whether it be good enough for the price bitcoin? |
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Amph
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Merit: 1070
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March 10, 2015, 07:39:46 AM |
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1k was already reached, i'm waiting for more this time, i want something like 3k-5k, i'll not dump at 1k for sure
and in any case i'll retain 50% or less, i'm not sure now
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Fernandez
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Activity: 1008
Merit: 1000
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March 10, 2015, 08:27:58 AM |
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The companies (probably most companies who accept BTC) using payment processors to instantly convert to fiat and tank the markets by oversupply are not "the Bitcoin economy". They fucked the Bitcoin economy by putting everyone who bought at higher prices in the position of having to spend/sell at a loss, or hold so as not to lose money. Not spending BTC on fuckers.
What would you have them do? Bitcoin is volatile, and their operations run on paper money. One would presume a company wouldn't be running in the red or such razor thin margins that it would go bankrupt by not dumping (holding) BTC, with BTC conversions only a single digit or decimal percentage of their gross income, and they especially wouldn't if most other companies did the same. But see the asterisk below. It is not a question of margin. Companies have to operate on strict budget. They can't report their balances as say within some range, the projections have to be accurate. |
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fox19891989
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March 10, 2015, 09:36:54 AM |
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 Buy house, car, do the jobs which I love to, like being a professional poker player or btc trader. But firstly, I need to have at least hundreds or even thousands of btc, I will have financial freedom because btc is crazy going up to 10k USD again. 
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Baghead
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March 10, 2015, 09:44:43 AM |
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at $2500 I stop working for other people and on my own ideas only.
why not now? Well, I don't have the balls, I guess.
This sucks, I should start working exclusively on my own stuff NOW.
Anyone have an idea how to overcome the fear to do that?
Life is to short for tomorrow to get your own ideas off the ground what if tomorrow never comes? Then you would have never done it would you, that would be a fail. Have a good talking to yourself and sort it out. If it goes to 1000 i could possibly retire at 30 and just keep plodding along raising my babys have my fingers in a few pies to keep the moneys up and just be quite excited to not have financial worries for my family. Come on the 1000 lol |
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Bad Uncle
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Activity: 64
Merit: 10
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March 10, 2015, 09:56:28 AM |
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i was looking at this section of forum before: lending imagine the price goes up to $1000 right now,  so many people will be screwed I think this happened to a forum member here when the price skyrocketed the first time and he couldn't pay it back. That's why it's probably best to lend the amount in a dollar value. |
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erikalui
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Activity: 2632
Merit: 1094
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March 10, 2015, 02:01:20 PM |
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It is not good to store bitcoins if their price rises as the price may suddenly and all the buyer will incur a huge loss. One should consider short term investments rather than long term and for me, I would store it for just a week or less and exchange them or buy some gift cards.
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gkv9
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Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
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March 10, 2015, 02:08:36 PM |
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I think it firstly depends on how much you must be holding at that time... As so many people would say that they might do a lot this and a lot that, but who knows what are they actually holding on at?
I mean, for example, if I hold 500 BTC and price reaches 1k, I can buy a sexy Multi-Storey Apartment with at least 4 Bedrooms in the most expensive city of my country.
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Quickseller
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March 10, 2015, 02:08:59 PM |
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My favorite response to these kinds of questions is below Same thing I do when anything happens. Drink some beer.
I would probably say that by the next time the prices breaches $1,000 it will likely go substantially higher (at least temporaly) so I would hodl  |
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vrm86
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March 10, 2015, 04:33:38 PM |
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It depends. If that price would be an effect of a sudden pump/bubble like in Nov 2013 I would sell 50% of my savings. If it'd be an result of steady growth I'd hold.
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applesRyummy
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March 10, 2015, 04:38:08 PM |
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It depends. If that price would be an effect of a sudden pump/bubble like in Nov 2013 I would sell 50% of my savings. If it'd be an result of steady growth I'd hold.
either it would be a steady growth or not i would hold. i believe that bitcoin can reach much more than 1000 dollars what already previously happened. to sell at least 50 percent of my funds it would have to grow to at least 2k dollars |
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onewiseguy
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March 10, 2015, 04:39:30 PM |
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...
I started into the BTC world after BTC had backed off its all time highs (over $1000), I started slowly buying at around $700 and having been buying more on the way down. For the moment I have no plans to spend them.
That would change if BTC goes back up to $1000 or even above its earlier all-time highs. I will mention below what I will likely do further below, but here is a chance to tell people WHAT you would do with some or all of your BTC if we have a BIG price rise within, say, the next year or two:
If BTC goes to $1000 or more, what would you do?
* * *
1) Buy gold!
2) Look for a good investment in the BTC community
3) Very possibly hoard the rest
If it reaches 1K this year again. keep and wait till it goes further. it has so much more potential.
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vrm86
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March 10, 2015, 04:42:48 PM |
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It depends. If that price would be an effect of a sudden pump/bubble like in Nov 2013 I would sell 50% of my savings. If it'd be an result of steady growth I'd hold.
either it would be a steady growth or not i would hold. i believe that bitcoin can reach much more than 1000 dollars what already previously happened. to sell at least 50 percent of my funds it would have to grow to at least 2k dollars In case of pump'n'dump I'd buy back after crash, forgot to mention  |
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franckuestein
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Activity: 1960
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Truth will out!
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March 10, 2015, 05:53:18 PM |
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Hold or invest some of the holdings in interesting future blockhain-based projects. Bitcoin is powerful and they're going to appear new projects that are going to center our attention  Hold now and and feel proud in the future. |
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thejaytiesto
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March 10, 2015, 06:01:08 PM |
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Hold or invest some of my holdings in interesting projects blockhain-based. Bitcoin is powerful and they're going to appear new projects that are going to center our attention Hold now and and feel proud in the future. Im also inclined to invest in blockchain based projects and in general crypto based projects, the problem is there are so many scams out there so im never sure where to put the money at. |
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dsly
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March 10, 2015, 06:02:56 PM |
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Hold or invest some of my holdings in interesting projects blockhain-based. Bitcoin is powerful and they're going to appear new projects that are going to center our attention Hold now and and feel proud in the future. Im also inclined to invest in blockchain based projects and in general crypto based projects, the problem is there are so many scams out there so im never sure where to put the money at. I woulkd be interested in that as well. But I doubt they expect small investments. Maybe they should do an IPO or something, |
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franckuestein
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Activity: 1960
Merit: 1130
Truth will out!
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March 10, 2015, 06:05:19 PM |
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Hold or invest some of my holdings in interesting projects blockhain-based. Bitcoin is powerful and they're going to appear new projects that are going to center our attention Hold now and and feel proud in the future. Im also inclined to invest in blockchain based projects and in general crypto based projects, the problem is there are so many scams out there so im never sure where to put the money at. I know. There are lots of scam-projects out there but you can always see their development (if it's open source, for example) on their Github repository, with all the commits and community movement. As well, you can always see if the project is strong and with support or not, learn and read what the community think about... First example that came to my memory: counterparty, project and github. and many many more... |
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