Post
Topic
Board Trading Discussion
Re: If you could lock in a year end price
by
Loveboard
on 02/05/2018, 20:34:23 UTC
If you had the power to lock in the price on the turn of the year to 2019, what's the lowest price you would be willing to accept. Some caveats, you can't buy more bitcoin or bet on the price etc, it's purely based on your current holding.

Personally I would take a price of $10k right now, anything lower than that and I think I would gamble. This is mostly based on my own circumstances and what that value would mean to me financially.

Maybe l'll choose $100000 for this year. Thats good enough for me to start all my dreams in life. If they we're where they are not l can do it also. As long as you have the Chance to get your dream grab it because it might not giro you again. I will not waste time because I cant  get it back when it pass away. Opportunities are missed when you don't grab it. So be if it is there already.

I'm curious how you think it will cross $100,000 by December. I mean, currently it's at 9k. You're asking for a 100x. We're not talking about some low volume alt. We're talking about BTC, which has a daily volume in the millions.

For BTC to go up that high in price, you'd need tens of billions of dollars entering the market. I mean, you do realize that people will go from trading car-loan-level quantities into mortgage-level quantities, right? That kind of thing takes a lot more volume and a LOT of new money being infused into the system.