Topic: BTC will not DIE, People Die; Will you be the Last Man HODLing? - page 2. (Read 538 times)

If you put all your money in crypto, it means that you are a stupid person who is currently experiencing severe depression for the huge losses that you experience. Spending money on bitcoin does not need to spend all your assets, what people keep on HODL are those who only set aside part of their assets in crypto, so you don't need to be afraid and whine about losing this incident.

So now suddenly you're talking about if "blockchain is a new technology or not? Can you even decipher what's being discussed? Man, this place is overflowing with dumb turds!

If you were a "professional developer" you wouldn't be flapping your stupid little mouth further proving your ignorance of the subject. My point was about the utilization of blockchain based products and how it is not just tied to cryptos, what does that have to do with the nitty gritty of coding? or do you think throwing around random programming terms would make you sound like you know anything tangible about blockchain? You already exposed in your initial post your lack of understanding what blockchain is and can do, so stop trying to save face with irrelevant nonsense.

each person will give his opinion to others, but I think all those decisions are your decision. well, when you keep holding back and experiencing a mess, I don't think you can blame anyone else for that. all controls are on you. holding back is a choice.

It all depends on individual financial needs because if you have invested your spare funds and not in a hurry to withdraw those funds and believe in cryptos then you can hold them for long. Also if you can buy some more in dips to average down your buy price but some people might have invested borrowed money. Those kinds of people should fix target price before buying for both losses and profit. Once they reach those targets just sell and wait for right time to enter the market again.

You talk a lot of shit, and dump company names but NAME a real product.

Hell even Taleb and Friedman frequently comment, "BLOCK-CHAIN has not produced one single useful product, other than bitcoin, if you can call that useful'

How in the hell do you think that Block-Chain is something new, there's not a single thing in the code revolutionary, the only novel thing about satoshis white paper was his solution to the double spending problem, a system of +51% trust,

But the actual code, for christs sake name a damn sub-routine call in the code that's revolutionary?

Its just a linked list of blocks of hex code (transactions), not a damn thing new at the time, data-structures are not new, crypto was all NSA public algo's so is the hashing,

This is why high-school kids can clone BTC, because its trivial code if you understand how to read C/C++.

Of course, day trading and short-term investments bring more profit than the usual hodl, but do not exclude its usefulness. For some coins hold is really useful and helps to get a good profit. It is worth saying that you do not need to use hodl for all coins. You can trade and holding at the same time.

YES

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Great Answer, we have found the last man standing Just like the movies, ... The last man standing, is the real winner

IMHO if you want to be that last, you need to BUY-LOW/SELL-HIGH, but for right now we're heading towards the $1k floor and then will test the $400 floor.

HODL is the last thing you want to do, when you know that your near the top of a parabolic-rise, and its NOT coming back,

The only chance of a future parabolic-rise, would be if BTC goes back down to near $100 and which may or not be a bargain, even then, as its has no intrinsic value.

At this very moment, in places with poor security and poor financial infrastructure, Bitcoin enables more efficient trade and wealth creation.

https://www.coindesk.com/a-war-torn-country-in-syria-will-use-crypto-to-power-an-anarchist-state

https://cointelegraph.com/news/how-venezuela-came-to-be-one-of-the-biggest-markets-for-crypto-in-the-world

It is not a technology that creates utopia like some people claim. However, it is a successful hedge on the existing financial system. It does work in the real world for all the purposes of currency. It is also a way for people who wish to be free from the economic violence that the G7 promises for non-cooperation (economic violence being a proxy for hunger and death).

Bitcoin is the only currency in the world which can be instantly sent from one side of the globe to the other and not be controlled by an outside power. It is also one of the few ways of storing wealth that a corrupt government can not easily steal.

Bitcoin is a great thing and will only grow, especially in the developing world where these problems are every day occurrences. The downsides of Bitcoin are far outweighed by the upsides. Some people have no choice but to use Bitcoin today, and that will only increase if the world spirals into a recession or depression.

All your alt's are down -10% today, ... I hope you enjoy buying on the dip,... sure way to the poorhouse.

BUY any crypto is a  roll of the dice, 50/50 and the trend is now solid down, but do go all in, Darwin needs fodder

Another negative mind set that influence those newbie not to hold but to panic sell. We have different  strategies on how to trade or invest we are in the time of falling if you looking back the past of bitcoin on to to fluctuate if you understand you didn't  say this kind of words. The word hold was for the people who still taking a risk and have a strong faith that bitcoin will rise and we are not like you mind set.

Well there is an intelligent man in the building.

So I will ask this question, What is the 'successful deployment of bitcoin' name one, or two, or three;

I'm a professional developer, thus I would like to know about this 'success' you speak of, to me block-chain is just peer2peer networking hobby, like torrent; Yes, successful, but in terms of creating real jobs say like Oracle,  much of what I see is VC startup's trying to use block-chain to run the next unicorn, but largely just burning other peoples money. Block-Chain like bitcoin has largely become just another con-artist buzzword to sell 'shit'

IMHO this is another "Urban Myth of Bitcoin, that block-chain is Unique, or valuable"

Yes, we don't need shit-coins, but sadly we have +2100 shit-coins and their mother begat shit, so what that make her? ( Mother btc, father a NSA/CIA ghost name satoshi, but supposed to return like Jesus )

Good day! If you have good alts and with the current situation now, I would suggest hold of course than selling them at a loss. Cryptocurrency is a gamble and we should not put all our money here. Learn how to make profits from small capital. Start to 10%-20% gain to 100% profit which you'll earn usually by patiently waiting. But if course invest and trade only those coins that have potential.

"We don't Force you, we just tell you what to do"

People on this board are told 24/7/365 to HODL, that everything will recover, that is an absolute lie.

We all have different strategies in every investment that we have, if you are confident about that then why bother to listen to any FUD? People can say hold or sell but its up to you if you will follow that advice or not. Its normal to hear HODL in this community, because we know the feeling of solding your coin at a huge loss. This kind of strategy will test your patience, you may feel uncomfortable but I’m sure it will be worth it.

I support daily trading as a way for making money.
But I hate seeing people buying Bitcoin and holding it for long time. I think it is not the right thing to do since Bitcoin is a payment system not a store of value.

There person say you should hold is rather preventing you from losing your asset by selling them cheap now since there is a potential gain from holding in case there is a breakout in the market and things turn upward.

You need to do your own research before you want to buy bitcoin, there are risks that you need to know before you invest, and yes we ask everyone to hold when the situation got bad because we don't want to cause panic sell and we also don't want to make the situation worse, but if you still insist want to sell then its your choice, dont blame people when you lose money in investing, nobody force you to invest

HODLING is for idiots who do not understand the fundamentals of investment, how to make money off of trading and who can't differentiate between the concepts of investment in stocks vs crypto.

I had said back in December last year when people were falling over each other acting all crypto experts and proclaiming cryptos about to take over the world - I had said at that time that it's a speculative bubble that will burst soon and most coins will be left eating dust by mid 2018. I had also said that only a handful of top tier coins will survive with a meaningful utility. Most laughed off at that time and these are same ones who are now crying blood through their eyes, opening up threads after threads screaming "why ... why?" and desperately pleading with people to go and buy more coins as this is the "buyers market"    

Blockchain technology and crypto coins are two distinctively separate entities. Blockchain does not need coins to sustain itself. There are software companies who have already successfully deployed tools using blockchain technology but without the nonsense of crypto coins.

Crypto coins on the other hand, have no practical use in our daily life other than a novelty. What is the business case for carrying 200 different types of crypto coins to carry out your daily activities when you can simply use existing fiat structure with much less hassles? BTC and few others may get mainstream traction but to think they can replace existing banking, financial and fiat structures is nothing more than a dumb fool's daydreaming.

People go on here about the 'death' of btc, but they ignore suicide, and massive depression that BTC has caused.

Gradually as people are destroyed, they walk away,

It's common when people are ripped off they don't report to the police, they're embarrassed, and they embarrassed on this forum to admit they got fucked by the btc 'community' of common  criminals.

BTC will never die in our lifetimes, because it will have novel collector value, just like 1982 IBM pc's or early apple computers, or Lotus 123 spreadsheet(software)

But the PEOPLE, these people who put their entire life savings down on the table, and followed the MANTRA of "HODL", those people will be dead men walking, they will have died.

Does the community ( CIA, traders, exchange criminals,... ) do they care? Of course not, this is standard sociopath behavior, Darwinian selection.

Like I have said, Every time somebody tells you to "HODL", ask them to send you a check, so you an recover your losses, or ask them to send you some BTC, so you can sell and pay off your DEBT to BITCOIN.