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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 $5000?
I'll sell some along the way to buy gold, most I will HODL!
first of all, i don't think that it will happen anytime soon, will take few years atleast, 5000$ is huge price
and second, price would fall instantly, because i, and probably almost every bitcoin user, would sell their coins, so price will fall down
but anyway, would be awesome to see 5000$