Are you holding your bitcoin for a price increase? - page 192.

Shibashi Dogemoto

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Quote from: apriyani420 on August 22, 2015, 06:15:08 AM

So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

to be honest yes, i kept and hold some BTC hoping one day it's price will increase
sometimes i am forced to spend some of it but i'm returning it whenever i earned enough to cover the amount i spent

1Referee

legendary

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I don't need the money right now. The coins in my cold wallets will most likely never leave their wallets if the price isn't anything over a few $K. If I need to purchase something I simply buy BTC and then spend it on whatever I like. Short answer; No I don't wait for a price increase. For trading it's totally different. There I am waiting for the price to increase for obvious reasons.

Echye

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I just like to gamble it

Akbarkoe

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Yes, of course
I hold my btc for a price increase
because I'm sure bitcoin price will up.
i hope.
good luck.

edric

hero member

Activity: 546

Merit: 501

Quote from: apriyani420 on August 22, 2015, 06:15:08 AM

So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

I think Bitcoin is a $0 or $1,000,000 proposition. On the other hand, in the short term, I am trying to book fiat gains on the majority of my bitcoin investments regardless of where bitcoin goes, and that also mitigates some of the short-term volatility. For example, if bitcoin falls 50% this year, but I make a 30% return on my bitcoins. I only lost 20% of my bitcoins, while everyone else lost half of theirs. So, yes, I'd like to have some bitcoins if and when they are worth a million dollars but at the same time if they are going to $0 then I am going to definitely scalp some extra income on the way down.

knowhow

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well bitcoin is getting mature every step community chooses the best thing to bitcoin ,soo xt were one degree as the fees will be another ,soo we are clearing the road of bitcoin.

Mickeyb

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Move On !!!!!!

Quote from: Mirdude on September 20, 2015, 05:44:32 AM

At the moment, BitCoin is a huge mess and I reckon maybe in a few months the price will increase to a good level.

It's not such a huge mess after all. The block size debate was a little bit blown out of proportions. OK, Gavin releasing his XT was a precedent, but luckily the whole XT thin is turning to be a fiasco.

Block size debate will be solved soon, I think the latest during the second workshop that is taking place in December in Hong Kong.

Everything will be just fine!

JeWay

hero member

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I've just spend my Bitcoins for unnecessary thing
But If I have a lot more Bitcoin, I will split it half (one for shopping and the other one for holding til the price increase)

Mirdude

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At the moment, BitCoin is a huge mess and I reckon maybe in a few months the price will increase to a good level.

gripflierGO

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Quote from: coinableS on September 19, 2015, 08:30:23 PM

Holding forever. Bitcoin is not going anywhere. It's a going to be a revolution in the financial world. We haven't seen a country currency crisis since bitcoin existed and it will be interested to see what happens with bitcoin on the next currency crisis.

That is the right thing to do, everyone here is hoping that the price will reach the moon so nobody wants to experiment with their bitcoins at a moment, I am holding it for future as I believe that the prices would be much higher in the coming future when the adoption level is higher, and this is the best time invest in bitcoins as the prices are comparatively low at a moment.

randy8777

legendary

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yes, as i am trading from time to time. buying low and selling high is mostly a matter of waiting. but a big part of my coins will probably not get sold as i want to keep holding for years and years.

coinableS

legendary

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Holding forever. Bitcoin is not going anywhere. It's a going to be a revolution in the financial world. We haven't seen a country currency crisis since bitcoin existed and it will be interested to see what happens with bitcoin on the next currency crisis.

MinerHQ

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I don't hold it for price increase for very big amount but I sell it when I think i got a decent profit and again I will buy at lower price

knowhow

hero member

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Well dollars very strenght the question when it will crash all countries facing problems some are exposed because corruption others just havent balanced their accounts and now must readjust it.

gentlemand

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Welt Am Draht

Quote from: seoincorporation on September 19, 2015, 12:34:33 PM

Yeah, i'm holding and waiting it hit $500 to sell all, i hope it happen soon.

Why such a modest goal?

adolf84

sr. member

Activity: 280

Merit: 250

No i never holding bitcoin because i want to wait untill it prices increase.. But usually i hold bitcoin in for longtimes because i notyet found any good football games that i can betting on it Cheesy

momore

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Merit: 10

YeS! Holding for price goes up and growing part of them by investing to investment programs.

seoincorporation

legendary

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Quote from: apriyani420 on August 22, 2015, 06:15:08 AM

So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

Yeah, i'm holding and waiting it hit $500 to sell all, i hope it happen soon.

Herbert2020

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Quote from: OmegaStarScream on September 19, 2015, 12:14:37 PM

Quote from: Herbert2020 on September 19, 2015, 12:10:39 PM

Quote from: OmegaStarScream on September 19, 2015, 12:01:33 PM

Quote from: Herbert2020 on September 19, 2015, 11:50:42 AM

Quote from: dothebeats on September 19, 2015, 11:41:32 AM

Quote from: TQMA on September 19, 2015, 11:35:15 AM

Not for a price increase, 1BTC = 1BTC.

Most people don't share your mindset. They still care about what a single bitcoin would be in terms of dollars. Roll Eyes

what does 1BTC = 1BTC even mean? Huh

??

every object has a price, and that price can be evaluated with something else which is usually fiat. so i don't see what is wrong with the mindset to care about bitcoin in terms of dollars.

It means that it dosent matter how much it worth in fiat .
Take this forum for example , there is a Donate page if you donate 10 or 50 BTC you will become either VIP or Donator member , and this forum exists for years . theymos decided to leave it with the current 10 - 50 BTC because it dosen't matter how much it worth in USD or Euro or any other currency , some people donated when it was worth few cents and some people are donating now when it worth thousands of dollars.

this is true if you want to use bitcoin as a nerdy tool to just play around. but if bitcoin were to be used as a currency for day to day uses like for example paying your rent, your paying your bills then you can not say that it doesn't matter.
the gas company will not take 10BTC if it is worth a few cents.

They would if we treat 1BTC as 1BTC
I mean look to the Dollar right now , what's the real value of 100$ bill (not sure if such a bill exists) , it's nothing .. It's just a piece of paper but that piece of paper have value because we believe it does and nothing else.

define real value first.
isn't value of any object a simple comparison? yes it is a piece of paper but when it becomes a Medium of exchange (https://en.wikipedia.org/wiki/Medium_of_exchange) then it lets the value of goods to be assessed and rendered in terms of the intermediary.
so i don't see how we can not put a value to bitcoin and consider it a currency. it is like saying 1 Euro is 1 Euro and you shouldn't think of it in terms of dollars.

OmegaStarScream

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Quote from: Herbert2020 on September 19, 2015, 12:10:39 PM

Quote from: OmegaStarScream on September 19, 2015, 12:01:33 PM

Quote from: Herbert2020 on September 19, 2015, 11:50:42 AM

Quote from: dothebeats on September 19, 2015, 11:41:32 AM

Quote from: TQMA on September 19, 2015, 11:35:15 AM

Not for a price increase, 1BTC = 1BTC.

Most people don't share your mindset. They still care about what a single bitcoin would be in terms of dollars. Roll Eyes

what does 1BTC = 1BTC even mean? Huh

??

every object has a price, and that price can be evaluated with something else which is usually fiat. so i don't see what is wrong with the mindset to care about bitcoin in terms of dollars.

It means that it dosent matter how much it worth in fiat .
Take this forum for example , there is a Donate page if you donate 10 or 50 BTC you will become either VIP or Donator member , and this forum exists for years . theymos decided to leave it with the current 10 - 50 BTC because it dosen't matter how much it worth in USD or Euro or any other currency , some people donated when it was worth few cents and some people are donating now when it worth thousands of dollars.

this is true if you want to use bitcoin as a nerdy tool to just play around. but if bitcoin were to be used as a currency for day to day uses like for example paying your rent, your paying your bills then you can not say that it doesn't matter.
the gas company will not take 10BTC if it is worth a few cents.

They would if we treat 1BTC as 1BTC
I mean look to the Dollar right now , what's the real value of 100$ bill (not sure if such a bill exists) , it's nothing .. It's just a piece of paper but that piece of paper have value because we believe it does and nothing else.

Topic: Are you holding your bitcoin for a price increase? - page 192. (Read 247186 times)