Are you holding your bitcoin for a price increase? - page 165.

cohnhead

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Quote from: CasioK on November 14, 2015, 02:29:21 AM

Quote from: FrostStick on November 13, 2015, 03:22:15 AM

Bitcoins are designed for spending, not for holding. It's a currency, not an investment.

But nonetheless I would love to see a price rise in bitcoins however, as I do have some large investments denominated in bitcoins.

If bitcoin system is desinged only for spending then we cannot call it as gold 2.0, bitcoin is capped for total supply it means when demand rises the price of bitcoin also will raise. So bitcoin would be an investment until all the bitcoin are mined out then may be price will get stabilized for spending.

bitcoin is both for spending and holding. Its an entirely new asset class, something the world of finance has not seen for almost 30 years. Its a currency, it is a store of value and its a database. What else is there that comes close to achieving all that in one platform.

Kevin77

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Quote from: fast2fix on November 14, 2015, 09:33:26 AM

i'm holding 80% of bitcoin to sell when halving pump begins and 20% to purchase goods/services. i think everyone should hold a % for selling and use rest of % for bitcoin merchant adoption.

But I'm holding my bitcoin for the price of $10k. If this price is achieved by upcoming halving then I may sell only 50% of holding. I believe most of the people are holding for some price target like me. I believe I can hold my bitcoin for next 20 to 40 years by selling only some portions of it time to time.

fast2fix

legendary

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i'm holding 80% of bitcoin to sell when halving pump begins and 20% to purchase goods/services. i think everyone should hold a % for selling and use rest of % for bitcoin merchant adoption.

Zz

legendary

Activity: 1820

Merit: 1077

Are you holding bitcoins?
Yes, i wait for price increase   - 210 (72.2%)
No   - 46 (15.8%)
I dont have any bitcoins   - 18 (6.2%)
I have too much of it to hold   - 17 (5.8%)
Total Voters: 291

I gave the same answer as majority. I think trading is too hard an unpredictable, I never make right decisions. That's why I'm holding my Bitcoin for next price increase. I hope I won't do anything wrong. We have 9 months left till block halving. We can see some movements before that.

Bazelak

full member

Activity: 221

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I hold most of my coins for a price rise. I also use some in online shopping to encourage retailers to adopt bitcoin.

harizen

legendary

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For support ➡️ help.bc.game

Quote from: CasioK on November 14, 2015, 02:29:21 AM

Quote from: FrostStick on November 13, 2015, 03:22:15 AM

Bitcoins are designed for spending, not for holding. It's a currency, not an investment.

But nonetheless I would love to see a price rise in bitcoins however, as I do have some large investments denominated in bitcoins.

If bitcoin system is desinged only for spending then we cannot call it as gold 2.0, bitcoin is capped for total supply it means when demand rises the price of bitcoin also will raise. So bitcoin would be an investment until all the bitcoin are mined out then may be price will get stabilized for spending.

Well if bitcon will just hold I think it can be much help. Dumping coins really help since when people dump, especially for the first timers, they will know that bitcoin really helps so they will start acquiring more coins resulting to holding purposes.

CasioK

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Activity: 826

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Quote from: FrostStick on November 13, 2015, 03:22:15 AM

Bitcoins are designed for spending, not for holding. It's a currency, not an investment.

But nonetheless I would love to see a price rise in bitcoins however, as I do have some large investments denominated in bitcoins.

If bitcoin system is desinged only for spending then we cannot call it as gold 2.0, bitcoin is capped for total supply it means when demand rises the price of bitcoin also will raise. So bitcoin would be an investment until all the bitcoin are mined out then may be price will get stabilized for spending.

ajun96

hero member

Activity: 658

Merit: 500

Yeah Of course, indeed waiting for? we waiting for price increase,
And sell it, I can say trading

jakelyson

legendary

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Quote from: FrostStick on November 13, 2015, 03:22:15 AM

Bitcoins are designed for spending, not for holding. It's a currency, not an investment.

But nonetheless I would love to see a price rise in bitcoins however, as I do have some large investments denominated in bitcoins.

This can be true, but isn't it nice to hodl some coins when the price is low and spend it when the value went up. In this case your coins will have more purchasing power. Some of my colleagues are doing this and earning extra along the way.

andrei0635

newbie

Activity: 7

Merit: 0

i bought 55€ worth of bitcoin to spend when the price was 355€ and it dropped so much, im waiting it comes back up to buy my stuff Sad

TTMNewsMJ

full member

Activity: 126

Merit: 100

I don't have a lot of bitcoin but if I have a lot of it, Yes I will wait.
Until the price gets higher than before.

StevensonCarl

member

Activity: 85

Merit: 10

Well I wait for now, because I believe that in 2016 it will increase.

But yeah I like also spending BTC to buy some awesome gadgets.

Yeah true BTC is designed for spending, but when you see that BTC goes higher and you just spend it for something than I fell stupid because I could have buyed more goodies.

And doesn't matter how you use BTC is your you can do what you want. That is what I like with BTC.

FrostStick

sr. member

Activity: 361

Merit: 250

Bitcoins are designed for spending, not for holding. It's a currency, not an investment.

But nonetheless I would love to see a price rise in bitcoins however, as I do have some large investments denominated in bitcoins.

Sandroxa

sr. member

Activity: 350

Merit: 250

I don't have any bitcoins for now

I'm still new to this and still learning a lot about it

Bud Spencer

newbie

Activity: 42

Merit: 0

I certainly think that the price of bitcoin will go up, just like it doubled its value in 1.5 months. But since then, the price has dropped and is around $350 currently for 1.00 BTC

Mercado

jr. member

Activity: 41

Merit: 1

I'm holding on to some as part of a retirement investment

Let's hope by that time I can buy a cuppa Joe from it

Monnt

legendary

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Merit: 1002

I'm waiting for the price to drop a bit first, then definitely, I will be hoping for a price increase.

Hellacopter

hero member

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Quote from: Bud Spencer on November 12, 2015, 02:46:16 PM

Yes, I am currently holding 10 BTC and waiting for a big price increase. Sell it, and then you can make good profit from this.

I have already made over $400 this way

It's not bad idea because we guess the bitcoin's price will increase soon especially after the next halving (next summer)
but you have to take care and sell your btc when you have to sell it , with reasonable profit, because the prices aren't stables as known

mirana12345

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PM me to buy traffic for your site!

Quote from: Bud Spencer on November 12, 2015, 02:46:16 PM

Yes, I am currently holding 10 BTC and waiting for a big price increase. Sell it, and then you can make good profit from this.

I have already made over $400 this way

This is a good way to increase your funds, but it's just a matter of time when the price will go up w/o returning to previous value, forcing you to
rebuy at a loss. I would advise caution, because it could cost you thousands , whereas you only earn few hundreds on your method. Also, you should calculate profits in btc, not in fiat imho.

Bud Spencer

newbie

Activity: 42

Merit: 0

Yes, I am currently holding 10 BTC and waiting for a big price increase. Sell it, and then you can make good profit from this.

I have already made over $400 this way

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