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Author Topic: Complete the sentence... "I would sell all my Bitcoins if..."  (Read 95097 times)
BillyBobZorton
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July 18, 2015, 02:49:29 PM
 #401

I would sell my Bitcoins if Andreas Antonopoulous somehow gave up and sold all of his coins, even tho that will never happen unless he suffers from some sort of dementia. But realistically, if you are here long term, there are 0 reasons to sell ALL of your stack.
Falconer
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July 18, 2015, 03:30:29 PM
 #402

this is not true in 100% of situations.
i agree that now it is easier to buy stuff with fiat and don't bother using bitcoin. it is much easier to use fiat and for some countries it is the only way. and as i said it is more like an investment and as i said in my comment you should not just hold (hodl!!) you have to spend it sometime.

but at the same time bitcoin is a much better way of spending money online for example for somebody who can't or don't want to use paypal / credit cards then bitcoin becomes the best way.
also if you want to send money to long distances for example to another country, it is the fastest, easiest and cheapest way you can find which can be the most secure way too.
Sounds fair, because your city have many shop that accept bitcoin I guess. In my city, I need to convert in fiat firstly when I wanna buy a stuff. Thats why the main functions of bitcoin for me are trading and gambling  Cheesy  The fluctuation price always be a good news for me as trader to get profit.

 
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Wolframite
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July 19, 2015, 06:07:41 AM
 #403

I would sell all my bitcoins if price would go 300usd per SATOSHI. Yes. SATOSHI. You've read it right. People will then go nuts about bitcoin.

Wish that would be possible but  i dont think so bitcoin price will reach so high ..... 300$ per Satoshi is not possible

PenguinFire
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July 19, 2015, 06:13:05 AM
 #404

I would sell all my bitcoins if price would go 300usd per SATOSHI. Yes. SATOSHI. You've read it right. People will then go nuts about bitcoin.

Wish that would be possible but  i dont think so bitcoin price will reach so high ..... 300$ per Satoshi is not possible

Yeah.  Never going to happen.

I would sell all my bitcoins if it was illegal to own bitcoin.  I am on probation and I am going to jail!  I dodged going this time.  Luckily I get off of it next month.  Smiley 

aakashsangwan
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July 19, 2015, 11:23:16 AM
 #405

I would sell all my bitcoins if....... if TAYLOR SWIFT would become my girlfriend. LOLz   Grin  Tongue

Stedsm
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July 19, 2015, 11:28:59 AM
 #406

I would definitely sell all my Bitcoins if I see a $1000 spike again in the next 8 months.

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Somekindabitcoin
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July 19, 2015, 07:45:44 PM
 #407

I would sell all my Bitcoins if the price gets to $1000. I'm currently hodling enough Bitcoins to get basically rich if it happens.
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July 19, 2015, 07:58:30 PM
 #408

"I would sell all my Bitcoins if..." the value of bitcoin was 10,000 USD for 1 BTC.   Tongue  But who wouldn't, right?  Cheesy

I wouldn't.

Somekindabitcoin
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July 19, 2015, 08:30:05 PM
 #409

"I would sell all my Bitcoins if..." the value of bitcoin was 10,000 USD for 1 BTC.   Tongue  But who wouldn't, right?  Cheesy

I wouldn't.

You are brave enough.. Cheesy When would you sell your coins?
jonald_fyookball
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July 19, 2015, 10:20:51 PM
 #410

"I would sell all my Bitcoins if..." the value of bitcoin was 10,000 USD for 1 BTC.   Tongue  But who wouldn't, right?  Cheesy

I wouldn't.

You are brave enough.. Cheesy When would you sell your coins?

Would never sell all of them.

Sell a few at 10k...sell some more at 100k...but still keep majority of coins.

Think about it, the higher the price goes , the less you actually need to sell to have a large pile of fiat.
And if they are that valuable, why sell them?  Unless there is some reason you think they would lose value.

BitProdigy
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July 20, 2015, 08:17:38 AM
 #411

You are brave enough.. Cheesy When would you sell your coins?

My dear friend, considering that out of the 3800 fiat currencies not backed by gold that have every existed in the history of the entire world not one, not a single solitary one, of those 3800 different paper moneys has survived. Every single last one of those has gone to zero. The money gets printed until it costs $100,000,000,000 to buy a loaf of bread and it dies.

Every paper money on earth right now is not backed by gold, and I doubt any of these will be the first of the 3800 of these we've already tried that actually survives. The probability of monetary collapse of the US Dollar is near certainty. As close to certain as we can get. The only question is how long it will take.

Now gold has been the ultimate money on the planet for the last 5000 years, so usually in the world the rule has been, "who has the gold makes the rules," but not anymore. Now there is bitcoin. It mimics the best qualities of gold as a store of value, and combines it with the best medium of exchange the world has ever seen. Bitcoin is now the ultimate money, the best money on the planet.

Why would ever want to sell superior bitcoins for inferior fiat paper money? If the price goes to $10,000 per bitcoin, don't sell all of your bitcoins and then go out and buy a ferarri with pieces of paper, just buy your ferrari with your bitcoins directly!
ChrisPop
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July 20, 2015, 08:28:54 AM
 #412

I would sell all my Bitcoins only if the price will go up to $10.000/unit. That would make me a very wealthy man.  Cool
CoinCidental
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July 20, 2015, 07:10:26 PM
 #413

I would sell all my Bitcoins only if the price will go up to $10.000/unit. That would make me a very wealthy man.  Cool

If the demands ever  hits 10k it can only appreciate upwards from there
I still wouldn't dump at 10k when we get there
silverolivia
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July 21, 2015, 04:17:33 PM
 #414

If the price goes up to... Lets say 1.5k$ Cheesy
jonald_fyookball
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July 21, 2015, 04:22:27 PM
 #415

You are brave enough.. Cheesy When would you sell your coins?

My dear friend, considering that out of the 3800 fiat currencies not backed by gold that have every existed in the history of the entire world not one, not a single solitary one, of those 3800 different paper moneys has survived. Every single last one of those has gone to zero. The money gets printed until it costs $100,000,000,000 to buy a loaf of bread and it dies.

Every paper money on earth right now is not backed by gold, and I doubt any of these will be the first of the 3800 of these we've already tried that actually survives. The probability of monetary collapse of the US Dollar is near certainty. As close to certain as we can get. The only question is how long it will take.

Now gold has been the ultimate money on the planet for the last 5000 years, so usually in the world the rule has been, "who has the gold makes the rules," but not anymore. Now there is bitcoin. It mimics the best qualities of gold as a store of value, and combines it with the best medium of exchange the world has ever seen. Bitcoin is now the ultimate money, the best money on the planet.

Why would ever want to sell superior bitcoins for inferior fiat paper money? If the price goes to $10,000 per bitcoin, don't sell all of your bitcoins and then go out and buy a ferarri with pieces of paper, just buy your ferrari with your bitcoins directly!

Agree..however to be fair, the pound has been around for a long time now...although originally it meant a pound of silver which today costs $240.

nerFohanzo
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July 21, 2015, 06:56:10 PM
 #416

"I would sell all my Bitcoins if..." the value of bitcoin was 10,000 USD for 1 BTC.   Tongue  But who wouldn't, right?  Cheesy

I wouldn't.

You are brave enough.. Cheesy When would you sell your coins?

Would never sell all of them.

Sell a few at 10k...sell some more at 100k...but still keep majority of coins.

Think about it, the higher the price goes , the less you actually need to sell to have a large pile of fiat.
And if they are that valuable, why sell them?  Unless there is some reason you think they would lose value.

Very True. Why to sell all the coins if the value is really high, Just sell part of it and keep rest of it for the future as we never know what future holds for us, and yes if the value is high you can get high profits even by selling few of the coins, So selling all the coins when value is high is not a great idea.
Somekindabitcoin
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July 22, 2015, 11:21:15 AM
 #417

"I would sell all my Bitcoins if..." the value of bitcoin was 10,000 USD for 1 BTC.   Tongue  But who wouldn't, right?  Cheesy

I wouldn't.

You are brave enough.. Cheesy When would you sell your coins?

Would never sell all of them.

Sell a few at 10k...sell some more at 100k...but still keep majority of coins.

Think about it, the higher the price goes , the less you actually need to sell to have a large pile of fiat.
And if they are that valuable, why sell them?  Unless there is some reason you think they would lose value.

Very True. Why to sell all the coins if the value is really high, Just sell part of it and keep rest of it for the future as we never know what future holds for us, and yes if the value is high you can get high profits even by selling few of the coins, So selling all the coins when value is high is not a great idea.

Yes, but it can down too. This depends on a lot factors. If the price is stable at $10000, I wouldn't sell my BTC. That's normal. But if the price of Bitcoin skyrocket to $10000, I would sell it because it will likely go back to the previous price.
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July 22, 2015, 01:26:44 PM
 #418


Yes, but it can down too. This depends on a lot factors. If the price is stable at $10000, I wouldn't sell my BTC. That's normal. But if the price of Bitcoin skyrocket to $10000, I would sell it because it will likely go back to the previous price.
That's the problem with bitcoins volatility and the previous cons like the MtGox fake price increase, no one has any confidence when the price rises too fast.

AtheistAKASaneBrain
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July 22, 2015, 02:29:25 PM
 #419

I would sell all my Bitcoins if I had an accident that left me with severe brain damage that it would make me believe selling all of my Bitcoin is a reasonable thing to do.
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July 22, 2015, 05:43:53 PM
 #420

I would sell all my Bitcoins if I had an accident that left me with severe brain damage that it would make me believe selling all of my Bitcoin is a reasonable thing to do.
and what if in that accident you loosse all your memory and then how do you know that you are having bitcoins Huh

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