Bitcoin holders, are you diversifying in case the fork proves catastrophic - page 3.

Dude.Lebowski

full member

Activity: 129

Merit: 101

Quote from: Hydrogen on March 20, 2017, 04:38:35 AM

Is anyone using their btc to buy cars or houses in case the BU fork hits bitcoin hard?

Maybe converting btc to fiat or another crypto?

If you held bitcoin, how would you diversify your holdings to keep them safe in the event the hard fork forks things up?

Undecided

No

I diversify anyway. 5% Monero.

severaldetails

hero member

Activity: 959

Merit: 500

I think that is really the main problem when a fork happens with a two strains outcome.
People will leave and never come back.
Because they do not know what to think of such an event, most will lable the situation as 'lesson learned' and switch back to good old fiat.
And when bitcoin goes, the alts will follow. I would not want to be a miner in such a scenario.

Xester

hero member

Activity: 994

Merit: 544

Quote from: Hydrogen on March 20, 2017, 04:38:35 AM

Is anyone using their btc to buy cars or houses in case the BU fork hits bitcoin hard?

Maybe converting btc to fiat or another crypto?

If you held bitcoin, how would you diversify your holdings to keep them safe in the event the hard fork forks things up?

Undecided

I have no diversified investment since my bitcoins were only in a handful amount. What I did was to convert it to our local cash and if another price drop occurs I will convert it back to bitcoins. But sad to say instead of bitcoin going down it spiked up a bit. I was sad but I was also happy since bitcoin has recovered its value slowly. But just like me other bitcoin investors have shifted into Ethereum and DASH due to fear of bitcoin crash.

Hydrogen

legendary

Activity: 2562

Merit: 1441

Is anyone using their btc to buy cars or houses in case the BU fork hits bitcoin hard?

Maybe converting btc to fiat or another crypto?

If you held bitcoin, how would you diversify your holdings to keep them safe in the event the hard fork forks things up?

Undecided

Topic: Bitcoin holders, are you diversifying in case the fork proves catastrophic - page 3. (Read 2453 times)