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Re: If BTC goes to $1000 or more, what would you do?
by
MJK
on 24/04/2015, 09:34:11 UTC
Many people say they will sell their coins at 1000$... But is this the spirit of bitcoin? How about you demonstrate the purchasing power of bitcoin and go out and buy something instead of just offloading them for some quick cash?

What s the difference? The retailer would sell my BTC immediately for FIAT. Whether I exchange it or them, no difference.

Exactly. IT doesn't really matter at the end of the day, but personally I would rather buy things with my coins. Hopefully if/when bitcoin hits 1k again there will be plenty more shops where you can spend your coins directly so people wont have to 'cash' them out.