Are you holding your bitcoin for a price increase? - page 193.

Herbert2020

legendary

Activity: 1946

Merit: 1137

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.

edit: p.s. are you sure it was always 10-50BTC donation?

OmegaStarScream

staff

Activity: 3500

Merit: 6152

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.

Herbert2020

legendary

Activity: 1946

Merit: 1137

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.

Pab

legendary

Activity: 1862

Merit: 1012

I am holding part of my bitcoins another part i am investing in my favourite altcoins.If btc will rise sell somealt to btc and than to fiat money

Hugroll

hero member

Activity: 756

Merit: 500

isnt everyone holding coin for a price increase, why else would you do it.

dothebeats

legendary

Activity: 3542

Merit: 1352

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

TQMA

jr. member

Activity: 59

Merit: 100

Bitcoin is the currency of resistance.

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

dothebeats

legendary

Activity: 3542

Merit: 1352

Quote from: johnyj on September 19, 2015, 12:42:15 AM

A new reason to hold it: In case banks are going to remove cash from the circulation in order to effectively implement negative interest policy, the bitcoin will be used as cash

I doubt that that would happen sooner or later unless they really want to implement that. If in case that would happen, it would give bitcoin time to used by the masses.

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

I have saved some, and am holding right now too Grin

Hope it really goes up. Go Bitcoin!

Rumichbit

full member

Activity: 132

Merit: 100

Bsupra C. Member

Dollars are too expensive right now, I can't wait until that bubble burst. The economy is evolving fast, better hodl your Bitcoin.

johnyj

legendary

Activity: 1988

Merit: 1012

Beyond Imagination

A new reason to hold it: In case banks are going to remove cash from the circulation in order to effectively implement negative interest policy, the bitcoin will be used as cash

ralle14

legendary

Activity: 3374

Merit: 1922

Shuffle.com

im holding bitcoins for a price increase maybe ill cash mine out once price increases
on the price floor of 300$

vero

hero member

Activity: 518

Merit: 500

yes i am holding it for the long term because I am waiting for the bitcoin prices to be increase and sell it when price is high

futurebit640

hero member

Activity: 910

Merit: 1000

Quote from: ?? on ??

I usually convert my Bitcoins into an altcoin for price increase and then convert them back after increase. So profit in my hands.

SO basically doing trading to increase your profits. Trading is a really good idea to increase profits but also it comes with big risks so trade with carefully. Do not borrow money for trading, just trade with what ever coins you have otherwise you may end up in big losses. Otherwise just buy bitcoins and sell at higher prices but it takes some time to appreciate prices for that you need have a lot of patience.

knowhow

hero member

Activity: 560

Merit: 500

i had converted some and now just collecting them into signature and some others investments,maybe i will retry faucets maybe.

neoneros

sr. member

Activity: 462

Merit: 250

I can draw your avatar!

I am holding until I can buy something I like, but at the moment it is not much, some advertising, a pizza, there was a local whiskey store that sold bottles for bitcoin, but the moment I wanted to spend a large amount of my coins they decided to stop the bitcoin payments.. I had my shoppingcart full of nice bottles and really looked forward to them. Especially bragging that I bought them with bitcoin. Bitcoin is my 'use for nice things you would not normally buy so easily' savings

loncryp

newbie

Activity: 40

Merit: 0

I sure am haha ><

Shinpako09

legendary

Activity: 2058

Merit: 1015

Quote from: coinplus on September 18, 2015, 02:10:22 AM

Quote from: fissionerosion on September 18, 2015, 01:39:39 AM

i have not any coins yet.

Not having is not a problem right now. Buy some coin. Use more faucets. And finally use this forum to increase your chances of having more and more bitcoins from different ways.

Wait until your account reach junior member and thats very quick.Sig campaign is more profitable than faucet. Don't use faucet, for me it's just a waste of time. Hold your btc if ever and wait for price increase.

Inkvor

hero member

Activity: 553

Merit: 500

i save some of coins for the time when bitcoin gets mainstream or gets more people in it .
if course i sell the rest of it.

Hugroll

hero member

Activity: 756

Merit: 500

Quote from: RustyNomad on August 22, 2015, 06:43:34 AM

At least I know that those that I do manage to hold onto will be worth more, one day, compared to any fiat I'm holding on to.
Created a new paper wallet this past week and now try and drop 10 to 20% of everything I receive in there and to keep that for the long haul.

im doing something similar, i take 90% of all my btc and store it in a paper wallet

Topic: Are you holding your bitcoin for a price increase? - page 193. (Read 247186 times)