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OK the general gist I read in the $1000 thread was that many (but there was big diversity of actions many would take) would cash-out most of their BTC were it to read $1000. Maybe re-buy on bounces, etc.
$1000 seems a modest long-term price to me. I'm not a seller at a measly $1000.
So, what will you do (if you have any left after selling at $1000, $2000, etc.) with any that get to $5000?
I'll sell some along the way to buy gold, most I will HODL!
first off all, it would be awesome news for bitcoin because it's price never was so high, and i don't think that it may be bad for bitcoin because even if people will sell their bitcoins, there will be buyers anyway, and more stores would accept bitcoin finally, so only a good things if bitcoin would be so high