Hope the value doesn't plummet right after the sale.
To say that the value of a Bitcoin has been on a roller coaster of late would be an understatement.
To say that the value of a Bitcoin has been on a roller coaster of late would be an understatement.
Edit: oh, you mean for him it would be bad if the market fell.
I think you'd have to be crazy to be either the buyer or the seller of this, unless you were doing it for the publicity. I also wonder if they'd agree on the bitcoin price in advance, or if they would pin it to the dollar value up to transfer.
Either way, imagine being the buyer, taking up a loan, maybe buying the bitcoins, and then suddenly not having enough money because the price has gone up/down.
The future is unknown!
I call a top at 120 and back down to 20, all within the next few months. My sell order is at 112.
Edit: In case any one needs a site for shorting (Disclaimer I lend out on this site)
The best thing to do with bubbles is stay the hell away. Better to put your money in an actual investment with real returns.