Quote from: BittBurger on March 20, 2014, 12:43:48 AM

Quote from: 600watt on March 19, 2014, 10:42:46 AM

Quote from: ScrapOfCat on March 18, 2014, 02:40:25 AM

Pretty simple really. Will you still be holding, or will you cash out before then.

this is a very essential question for those people that own 200 -1000 btc.
there is your exit out of the rat race.
what is riskier - to miss a potential $ 10 k -50 k btc price when cashing out or to lose a potential exit for good out of labour slavery by keeping your funds in that collapsed virtual nothingness once called bitcoin ?

I just don't see this happening. The nature of Bitcoin adoption is such that it is worldwide. Its going to saturate every nook and cranny of every demographic in nearly every country of the world. If it does what it was designed to. I don't get why people continue to look at it like a stock. This isn't a fad. And im not saying that like a mindless bitcoin fanatic. This is something that is currently beginning to seep into economies like a very slowly absorbing sponge. And once that takes hold, such a thing doesn't just "collapse" into nothingness. So I don't think this is a decision people are going to have to make. Especially after we saw what happened when two monumental reputation-destroyers occured (Gox, etc) ... when Bitcoin was at its weakest (brand new). Nothing happened. If Bitcoin was going to collapse to nothingness *ever* .... it would have done so this month. If its resilience is that strong this early on... imagine how stable the foundation will be in 5 years.

-B-

i am with you here.
what i tried to discribe was the fear it might collapse anyway. when it is a question of financial indepedence forever or risking it (eventhough the risk may get smaller - but it is still a risk). when you have a family you are responsible for it may not be the best choice to stay all-in in bitcoin. i think an exit strategy is important, but not a complete exit. just enough to stay on the safe side.