Those hodling >10btc since last ath

[femmecoins]

At what price point do you hope to cash out at least 50% of your btc?

[fallinglantern]

[Ibian]

SSS plan.

[billyjoeallen]

It all depends on how we get there.

[Morecoin Freeman]

I cash out every month just enough to get by. I have a cat to feed.

[D05GTO]

My whole idea is to get rid of fiat as fast as possible.  Put it into hard goods and some into investments.  So, no point in cashing out BTC for fiat.  I want to get rid of failing fiat not get more of it right now.   Helps to have no debt at all

[thejaytiesto]

This 24/7. If you need to cash out, you are doing it wrong.

[femmecoins]

https://i.imgur.com/gE8hDnY.jpg

This 24/7. If you need to cash out, you are doing it wrong.

Kind of typical of many posts on this forum. First you have a post that replies to an op that doesnt address the original point then someone like yourself that quotes said irrelevant post in the same thread.

Its like being in a classroom with a bunch of unruly 6year olds and a small handful of people who will make a serious attempt at a reply.

Pathetic really. If you have nothing to add, simply stfu.

[gentlemand]

Its like being in a classroom with a bunch of unruly 6year olds and a small handful of people who will make a serious attempt at a reply.

Pathetic really. If you have nothing to add, simply stfu.

[femmecoins]

Its like being in a classroom with a bunch of unruly 6year olds and a small handful of people who will make a serious attempt at a reply.

Pathetic really. If you have nothing to add, simply stfu.

https://i.imgur.com/WQAVZs8.jpg

Lol...oh dear. Impossible.

[Chef Ramsay]

The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.

[oblivi]

This 24/7. If you need to cash out, you are doing it wrong.

Kind of typical of many posts on this forum. First you have a post that replies to an op that doesnt address the original point then someone like yourself that quotes said irrelevant post in the same thread.

Its like being in a classroom with a bunch of unruly 6year olds and a small handful of people who will make a serious attempt at a reply.

Pathetic really. If you have nothing to add, simply stfu.

That image has a strong point tho. If you are on bitcoin for the long term, you shouldn't even think about cashing out. You should think about what you will buy WITH Bitcoin, not worrying about cashing out.

[femmecoins]

The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.

There is no problem with this thread itself not sure why you opened with that.

[Chef Ramsay]

The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.

There is no problem with this thread itself not sure why you opened with that.

I came with that as the state of the union around here right now. You come with a potentially curious thread about what the holders are up to and I gave you a very legitimate outlook on them/us. Perhaps you were genuine with your question which I answered you appropriately for. I would've ignore or responded in a more sassy tone had I thought you were an adversarial newcoming troll trying to ask for trouble. Check out some of the other threads around here to see what you're working with and the times and dates associated w/ all the prior bears that thought they were on cloud nine here. Things are and/or have been changing and you came at a time where the troublemakers have scaled back their operation at the moment. This is where you are right now, nothing else to say.

[billyjoeallen]

I'm gonna rotate out from between $2500 and $6000/BTC but I will still actually control even more coins than I do now as pretty much the only guy in the Louisiana swamp who knows anything about crypto. I'm already in talks with a major local Bank CEO to get Acadiana up to speed.

[Q7]

Does that really matter or is this what bitcoin is all about? Instead of when to sell or at what level to sell, Look at it as a day-to-day currency. If that makes a difference .... i'm holding on to mine without giving a thought about that at all

[femmecoins]

The problem with this thread is that those that are holders of this or any amount have big plans for it some day and the true believers are going for broke or triumph. Those that make the so-called 'serious' replies are here for entertainment, trolling or those that have already sold. Hence, you're left with true believers so you had it coming. I'm sure there's a certain % that will unleash a certain % of their holdings at certain increments up the charts plus you'll always have traders doing their thing.

There is no problem with this thread itself not sure why you opened with that.

I came with that as the state of the union around here right now. You come with a potentially curious thread about what the holders are up to and I gave you a very legitimate outlook on them/us. Perhaps you were genuine with your question which I answered you appropriately for. I would've ignore or responded in a more sassy tone had I thought you were an adversarial newcoming troll trying to ask for trouble. Check out some of the other threads around here to see what you're working with and the times and dates associated w/ all the prior bears that thought they were on cloud nine here. Things are and/or have been changing and you came at a time where the troublemakers have scaled back their operation at the moment. This is where you are right now, nothing else to say.

Yep. Totally agree with you how sentiment has changed. That was partly why i asked the question. I'm kind of wondering if/how people's expectations may or may not have changed since the last ath. Holding a few bucks in btc is one thing but holding $10k+ throughout this bear market i think illustrates a certain level of faith... I guess part of this thread is focused on how expectations have been affected in light of the development of the eco system in the midst of decreased btc/usd value.

I understand all those saying it doesnt matter... Its about what you can buy with btc. But the bottom line is merchant adoption is still a long way off offering that in that the things most ppl can buy with btc. It currently doesnt come close to that available by fiat both in terms on choice and convinience.

[oblivi]

Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.

[ajareselde]

Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.

Agreed, if u want to profit you have to wait it out, but im waiting for some unrealistic pump thats obvious not to hold value, then
i will dump and just wait again for fall to come. rinse-repeat, served me good so far
And those that dont even want to trade until xxxxx price, well i doubt theyre even on this forum anymore, they try to forget their btc even exists :]

[calci]

Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.

lolEveryone says that. I do love to hold and I sold at 500 , and bought back in at 200. Moral of the story, i believe and hold bitcoin too, but I have 2.5x the amount I had before,, but you are still there

[JimboToronto]

I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.

The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.

Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.

Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.

[Buffer Overflow]

I was hoping to just spend them, no cashing out.

[ajareselde]

I've been holding >10BTC since the ATH was $68 and I have no intention of selling anything close to 50% of my coins.

The most I've ever sold was 10 bitcoins during the DCB in April 2013 when my high ask was met. I immediately put in a low bid which was met a few days later.

Currently I have what I consider a high ask open at Cavirtex for 10 coins at $450 each, just in case some fool accidentally does a large market buy or there's a freakish panic buying spree.

Most of my coins are safe in several dozen paper wallets. Hopefully I'll never have to sell any of them, just buy things with them.

Its a nice thing u have going there, youre probably right , its wrong to sell >10 Btc, better just wait for appropriate time to start using them.
Doubt there will be enough volume to allow you to sell @450 even if it was a mistake by buyer, but doesnt hurt to still have that offer, xcept that i would never leave more than 1 btc on exchange
due to ..reasons..

[sgbett]

At what price point do you hope to cash out at least 50% of your btc?

It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.

[MonadTran]

At what price point do you hope to cash out at least 50% of your btc?

At no point.

I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.

[600watt]

At what price point do you hope to cash out at least 50% of your btc?

At no point.

I'll start slowly cashing out within 40% of my stash, when / if 40% of my stash is enough to comfortably retire.

interesting idea. i´d like to do the same. hm.. with wife and kids this is a different story. i guess i would start selling tiny amounts around $ 1000,- and try to sell half the coins during the next run-up. the other half stays away from exchanges.

[ajareselde]

I was hoping to just spend them, no cashing out.

Thats the plan.

Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers

[db]

Diversifying enough to live decently if Bitcoin fails but no way 50%. If Bitcoin succeeds and becomes a stable currency it still makes a lot of sense to hold bitcoin. It would be a non-inflationary currency that grows in real value in step with general economic growth. That would make it the optimal investment as long as you don't have private information about other investments, as such information is the only way to beat the index (i.e. overall economic growth) on average.

[spiderbrain]

When it's well above the long term exponential trend line. It never stays there for long.

[cellard]

At what price point do you hope to cash out at least 50% of your btc?

It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.

When do you expect that happen? isnt that insanely unrealistic?
If its 1.4 per coin, indeed there will be no point hedging against BTC. Would rather be rich in BTC than in some fiat.

[Brewins]

I was hoping to just spend them, no cashing out.

Thats the plan.

Yeah, but thats very similar to selling, because you are agreeing that your bitcoins have the value of xyz at the time of the trade.
I realize that you want to completely avoid fiat, im just not seeing much difference.
I plan to sell much more than 50%, but gradualy >10k usd, or when >30% increase happens without a clear reason.
cheers

if you use BTC to buy stuff then you agree that BTC has other utility then create money from thin air and that stores accept BTC is a good idea.

I think it is much different than just cash out

[deepestfear]

Not for less than $15k minimum
So getting out my popcorn for a long, long wait

[Amph]

no before 1k-5k for sure, but i'm aiming at 10k, anyway i will keep a portion, because i want to spend them directly, using them like a new currency, not just converting everything to fiat

[vvv8]

Im extremely calm and im able to hold my BTC without having constant arrhythmias. The long term mind is the winning mind.

The long term mind is the mind of a smart alpha.

[billyjoeallen]

^^ IGNORE THOSE BITCHEZ. WE GOT THE COINZ THEY DON'T.

[Elwar]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

[tss]

At what price point do you hope to cash out at least 50% of your btc?

never.  i love losing money.  but anyways. if you bought in at the ath and you want to cash out 50% you should have done so months ago when the price was half of the ath.

 

[LewiesMan]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.

[AlexM]

I have been selling my tax free limit every year (around £11,000 profit). However I may stop this and wait until the price is around £500 ($772) and sell up 1/6 of my holding and put the money into my properties renovations business. When the price reaches £2000-£2500 ($3080-$3840) I may use 70% of my remaining Bitcoins to build my own house, and investment property. I am keeping a sizable portion as a very hopeful pension.

[Fabrizio89]

I don't have much money and if what I have in btc will one day come useful at a price I consider right, I'll sell. But my target is not anywhere near where we are now by the way. I think that if we reach again the ATH I'd probably sell just 10% of my holdings.

[ravenjt]

You are people who have been fleeced by superior people, who will inheret the Earth.

[Spaceman_Spiff]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.

My guess is these are more fun before the age of 90.

[Dafar]

I currently only have about 40 bitcoins.... I need at least 6 figures (purchasing power in terms of dollar in today's value), so I don't plan to sell until it's at least $2K/btc or above. And if I go down the drain before that, then so be it.

I'll probably sell 10 @ $2K... and see how quickly we go up if there happens to be another sharp rally. I don't think the volatility will disappear anytime soon so despite being in the longest bear market in bitcoin history, I still think there is a good chance for another rally/bubble when the time is right.

[cafucafucafu]

I am not giving any coins away for less than $10,000. If the ship sinks, then so be it.

[DieJohnny]

I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.

However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.

[fonzie]

I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.

However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.

If you keep telling yourself that long enough then one time it might become true. Hopium is one hell of a drug.

[sgbett]

At what price point do you hope to cash out at least 50% of your btc?

It'll be around $1.4million per BTC before I've sold half of what I currently have. Provided there is still any point hedging against BTC failure.

When do you expect that happen? isnt that insanely unrealistic?
If its 1.4 per coin, indeed there will be no point hedging against BTC. Would rather be rich in BTC than in some fiat.

I don't *expect* it, sorry if my post was misleading! just a hypothetical scenario  

However, OTH. If you take all 21m BTC at $1.4m each and divide it by *all* the people thats $4200 each.

Ah, but not everyone will have BTC you say! OK lets discard ~6bn people. The remaining ~1bn now have ~$30k each.
 
Insanely unrealistic?... Curious things numbers!

[sgbett]

I would sell 10% of my coins at some dollar amount over 2k. I wouldn't consider selling up to 50% unless they are somewhere north of 5k.

However, the next bubble will take all of our breath away. There just aren't enough coins to divide up amongst all the people that will try and buy one.

If you keep telling yourself that long enough then one time it might become true. Hopium is one hell of a drug.

Not half as bad as not taking your Justincaseium medicine

[ndnh]

At what price point do you hope to cash out at least 50% of your btc?

At $20 per satoshi. 

Reasonable price.

[Bagatell]

I would not spend 50% of my money on something, but once I can buy this with less than 20% of my holdings I will pay the owner bitcoins for it:

Would you actually buy it? Or would you say: I'll wait until I can get it for 5%.

My guess is these are more fun before the age of 90.

And he'll need the other 80% to keep it afloat and live the lifestyle that goes with it. I plan to hire one for the couple of weeks a year I'll want it for.

[rjclarke2000]

My whole idea is to get rid of fiat as fast as possible.  Put it into hard goods and some into investments.  So, no point in cashing out BTC for fiat.  I want to get rid of failing fiat not get more of it right now.   Helps to have no debt at all

This is the way to go.

[xDan]

somewhere in the $10k - $100k range