Post
Topic
Board Speculation
Re: Is your Bitcoin really worth $xxx.xx?
by
Wind_FURY
on 20/12/2016, 02:43:25 UTC
I have a question for those holding Bitcoin.

Is your Bitcoin really worth "x" amount of $$$?

I do not know. All I know is I can sell them at $780 per coin right now. Should I care?

Quote
What happens if lets say 5 big Bitcoin holders were to flee the market today?

Then it will crash. They can do it now if they want. But will it be good for them to dump? No, so they hold. But I encourage them to dump. Please.

Quote
Are there enough buyers to inflate the price back up?

Maybe. We are seeing it happen right now. But who cares about the price. It can go down anytime and I see that as an opportunity to buy more. So please let the price fall everyone.

Quote
What if a run were to occur on Bitcoin?

A run? I do not what you mean but if that will make the price fall that is a welcome opportunity to buy more.

Quote
Do you think that all investors would get the same amount of money for their coin?

No. Some sell at lower prices, some at higher prices.

Quote
With global currencies sliding in value consider this when building your exit strategy.

Exit strategy? There is no exit strategy. Bitcoin holder for life here.

Quote
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

Who cares.