Are you holding your bitcoin for a price increase? - page 196.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: oxiyusuf on August 25, 2015, 02:01:24 AM

Quote from: Falconer on August 25, 2015, 01:55:37 AM

Quote from: pooya87 on August 24, 2015, 10:26:33 PM

honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.

Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now.

maybe yes maybe now,
because we are know bitcoin don't have CEO or leader, the price is from demand and supply,
and if you can take advantages from this situation without risking, you can get more profitable

How could we take advantages of this situation without risking, since no one could predict what will happens in future exactly?

Quote from: Tstar on August 25, 2015, 02:15:15 AM

no one is holding that amount of coins which on dumping can effect the price ...
but yes people do want to hold bitcoins and wait for the time they can profit ,even though people use bitcoins but their main goal is to increase their fiat's in the banks and not the bitcoins in wallet ..simple.

If you are using bitcoin to buy your stuff, so the value of bitcoin itself is really important, which when its price be higher, then the price of stuff you want to buy will be decreased directly. In other words, you dont need to exchange it with fiat when the price is increased.

dothebeats

legendary

Activity: 3542

Merit: 1352

I'm still holding my bitcoins and am trying to at least get some every week no matter what the price is. I'm in it for the long term and not short-term gain because I believe that bitcoin has its potential to go big.

guddu raj

newbie

Activity: 28

Merit: 0

i not holding increase price of bitcoin.
it will not effect something.
we should enjoy using of bitcoins. and you also.

Tstar

legendary

Activity: 1176

Merit: 1005

Decentralized Asset Management Platform

no one is holding that amount of coins which on dumping can effect the price ...
but yes people do want to hold bitcoins and wait for the time they can profit ,even though people use bitcoins but their main goal is to increase their fiat's in the banks and not the bitcoins in wallet ..simple.

oxiyusuf

sr. member

Activity: 462

Merit: 251

Quote from: Falconer on August 25, 2015, 01:55:37 AM

Quote from: pooya87 on August 24, 2015, 10:26:33 PM

honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.

Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now.

maybe yes maybe now,
because we are know bitcoin don't have CEO or leader, the price is from demand and supply,
and if you can take advantages from this situation without risking, you can get more profitable

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: pooya87 on August 24, 2015, 10:26:33 PM

honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.

Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now.

zero01

member

Activity: 98

Merit: 10

this time I am still holding my bitcoin, but if the price drops again maybe I will exchange

pooya87

legendary

Activity: 3472

Merit: 10611

honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.

h4nn1b41

newbie

Activity: 28

Merit: 0

Quote from: Velkro on August 24, 2015, 04:40:35 AM

I bought high and keeping whole time

. Bitcoin will be worth fortune in future.

And you also scam a lot with your scam vanity addresses.

BitcoinVanitygen.com - Big Scammer

and probably also:

WARNING : WWW.BITCOINVANITYADDRESS.COM IS GONE & THEY HAVE SCRIPT STEALING COINS

You forgot to share this winning strategy

Shocked

-droid-

legendary

Activity: 1050

Merit: 1001

i generally always convert my coins to fiat to immediately pay off debt, although now with prices this low it hurts

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: Hopalong on August 24, 2015, 08:31:08 AM

Unlike real currencies it looses value when the price goes down. If $ goes down 3% tomorrow there will be no difference in the price you pay for stuff but if BTC goes down the price for stuff goes up. That is because it is 100% linked to dollar and does not have a value on its own.

Many nations want their currency to get lower exchange rates because it is easier to sell their goods to other nations. Only nations who import a lot of stuff want a high exchange rate. Bitcoin has realy nothing to do with trading and it has its whole value based on current exchange rate.

You have a good point about this, but the value of fiat is controlled by government, so if the government change the price for stuff because its price changed, then economy situation of the country would be ruined by that. But with bitcoin, it doesnt matter because it is totally controlled by us, even its price for stuffs always changing time by time.

By the way, since the bitcoin price is being decreased, people couldnt hold their bitcoin any longer and began to sell it, then its price will be more decreased. Seems reaching US$500 will be a delusional thing for this year.

TibanneCat

full member

Activity: 210

Merit: 100

BTC > etc

Quote from: LiteCoinGuy on August 22, 2015, 06:48:47 AM

spend some, save some. you can do both.

Most people I know are holding most of it but also spending some on digital goods and tickets.
Can't expect any real mass adoption is everyone is just hodling

givemefive

newbie

Activity: 57

Merit: 0

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...

Yes, i wait for price increase.

WhatTheGox

legendary

Activity: 812

Merit: 1000

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...

Im holding all the way baby. If the price goes down i just buy more and more. I lost a fair bit in gox so im trying to get that back. Also wouldnt mind some more litecoin so the price going down is a bonus.

Mr.jatt

newbie

Activity: 31

Merit: 0

Yes I am holding my Bitcoins for price increase.
XT just sucks. I paid my Internet bills With bitcoins bit now I have to use fiat to do so because of the falling prices.

bit2015

newbie

Activity: 18

Merit: 0

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...

Yes, I hope the price will be gooing up sooon.

Herbert2020

legendary

Activity: 1946

Merit: 1137

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...

yes. of course i am holding all the bitcoin that i have for the future. because i believe that bitcoin has more potential that what it is showing right now, so the price will go up eventually. then is it time to spend bitcoin.

Hopalong

member

Activity: 112

Merit: 10

Quote from: Hopalong on August 24, 2015, 04:34:05 AM

If you have a crisis you need some safety not gambling on a experimental currency who have lost value the last two years.

Bitcoin dont lose its value, but its price just decreased.

Unlike real currencies it looses value when the price goes down. If $ goes down 3% tomorrow there will be no difference in the price you pay for stuff but if BTC goes down the price for stuff goes up. That is because it is 100% linked to dollar and does not have a value on its own.

Many nations want their currency to get lower exchange rates because it is easier to sell their goods to other nations. Only nations who import a lot of stuff want a high exchange rate. Bitcoin has realy nothing to do with trading and it has its whole value based on current exchange rate.

Falconer

legendary

Activity: 2660

Merit: 1141

Quote from: Hopalong on August 24, 2015, 04:34:05 AM

And what would people living in countries in crisis do with bitcoin?

In crisis, they would trying to save their financial in other ways than staying with their inflated fiat, so there is a chance for them to get into bitcoin.

Quote from: Hopalong on August 24, 2015, 04:34:05 AM

If you have a crisis you need some safety not gambling on a experimental currency who have lost value the last two years.

Bitcoin dont lose its value, but its price just decreased.

Quote from: Hopalong on August 24, 2015, 04:34:05 AM

People who want to cheat on taxes or buy drugs and weapons are the ones who need a currency like bitcoin. Avoiding the law is the only real benefit of bitcoin.

Yeah, it is one of the advantages of bitcoin that be used by some people for bad thing. There is always the bad side from a technology.

Quote from: oxiyusuf on August 24, 2015, 04:48:06 AM

2 years in the future will be more and more users bitcoin, and bitcoin only 21 million, so the largest possible bitcoin prices surely will further increase

No one could guarantee that, its still be a speculation for now.

lahm-44

sr. member

Activity: 336

Merit: 250

well I hope everyone have at least 1bitcoin in their cold storage or cold wallet but I don't have any bitcoin but I am thinking to save some in a paper wallet because bitcoin will be soon going to increase its upward rising train and i am not gonna miss that chance

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