Topic: Do you plan to get out of bitcoin? (Read 5672 times)
I will keep and use my BTC.
I'm an altcoiner. My mob -- won't be so uncool as to name them -- is community-rich in guys (a lot of boomers with interests in bullion) who see GFC Two bearing down on us like a tsunami bears down on sunbathers on towels on the sand.
If even a fraction of global wealth 'sloshes' into cryptos, we'll all be flyin' around in cashmere helicopters.
Mark Blair (IndiaMiikeZulu), Australia
If even a fraction of global wealth 'sloshes' into cryptos, we'll all be flyin' around in cashmere helicopters.
Mark Blair (IndiaMiikeZulu), Australia
Most of us love btc, but it's clear now that btc worth is a sum of all purchases being made with btc, and it is very tiny amount of money for now
Er no.
I just watched another one of Andreas Antonopoulos his talks, so I voted no, obviously. 
Care to give us a link?
Most of us love btc, but it's clear now that btc worth is a sum of all purchases being made with btc, and it is very tiny amount of money for now
I just watched another one of Andreas Antonopoulos his talks, so I voted no, obviously.
I am out since month. who would hold or buy btc these still inflated prices?
...
I would be not very confident in holding large amount of coins these days...
I would be not very confident in holding large amount of coins these days...
(note the date on that last quote)
I am out since month. who would hold or buy btc these still inflated prices?
If the price starts skyrocketing and keeps on skyrocketing for long enough even you might be tempted to buy.
That's when you're too late
I am out since month. who would hold or buy btc these still inflated prices?
If the price starts skyrocketing and keeps on skyrocketing for long enough even you might be tempted to buy.
I am out since month. who would hold or buy btc these still inflated prices?
Everyone knows that another year like 2013 will come along eventually. A year when demand absolutely skyrockets again. It's bound to happen. It's not a matter of if, it's just a matter of when. And it won't just be once more, it's bound to happen again and again over the next decade.
Who in their right mind would want to be "out of bitcoin" when that happens? I sure wouldn't. Scaling out on the graphs, the exponential growth of bitcoin will be obvious in hindsight.
Fiat money should be thing that people are afraid of. Also the stock market. But not bitcoin.
Who in their right mind would want to be "out of bitcoin" when that happens? I sure wouldn't. Scaling out on the graphs, the exponential growth of bitcoin will be obvious in hindsight.
Fiat money should be thing that people are afraid of. Also the stock market. But not bitcoin.
Fuck no
already out, for the time being that is. I'm still not convinced we aren't going down to $100's in the next few months
I already paying my time for bitcoin.
the answer is NO
the answer is NO
No because i don't much of it, but if I had a LOT, it would take way too many balls to simply sit back and relax and see what happens.
The early adopters are smart. The early adopters are not on, here, though unless they are just bored. Yes, getting in on the first major digital currency in its infancy, even if that digital currency carries on, is replaced, or is stifled by regulation and outside forces, was very smart. I don't think that is relevant to the present day, though. In the present day, there are two major questions: (1) How much of the price run-up was bubble froth and how much of it was "true" (for lack of a better word); and (2) Will there be another (or other) demand spike events/will the user base increase in a punctuated equilibrium fashion -- stagnate, stagnate, stagnate, boom, stagnate, stagnate, stagnate, boom... etc.
I've heard decent arguments in either direction... but then I've heard even more just crazy $10000000000 coin madness.
I've heard decent arguments in either direction... but then I've heard even more just crazy $10000000000 coin madness.
The early adopters went through the exact same thought process you and I did when we first discovered bitcoin. Just earlier
Nothing has changed with bitcoin since then except that it's now far more likely to succeed, which is reflected in its exchange price.
If it continues to be used as a investment medium, if user adoption continues in fits and starts then the price has to rise further. I wouldn't bet the farm on it but it is worth a sizeable punt
I suspect plenty of early adopters sold at the wrong time and failed to buy back in at the right time. I head Jed McCaleb sold a load of bitcoins to Mark Karpeles for a dollar each when he sold Mt. Gox to him, although he still holds a 12 percent stake of shares in the company.
The early adopters are smart. The early adopters are not on, here, though unless they are just bored. Yes, getting in on the first major digital currency in its infancy, even if that digital currency carries on, is replaced, or is stifled by regulation and outside forces, was very smart. I don't think that is relevant to the present day, though. In the present day, there are two major questions: (1) How much of the price run-up was bubble froth and how much of it was "true" (for lack of a better word); and (2) Will there be another (or other) demand spike events/will the user base increase in a punctuated equilibrium fashion -- stagnate, stagnate, stagnate, boom, stagnate, stagnate, stagnate, boom... etc.
I've heard decent arguments in either direction... but then I've heard even more just crazy $10000000000 coin madness.
I've heard decent arguments in either direction... but then I've heard even more just crazy $10000000000 coin madness.
The early adopters went through the exact same thought process you and I did when we first discovered bitcoin. Just earlier
Nothing has changed with bitcoin since then except that it's now far more likely to succeed, which is reflected in its exchange price.
If it continues to be used as a investment medium, if user adoption continues in fits and starts then the price has to rise further. I wouldn't bet the farm on it but it is worth a sizeable punt
no
but i m planning to increase my holding for next few months
but i m planning to increase my holding for next few months
Exhibit A: The psychology of an idiot
I don't give a fuck about the price. The concept of bitcoin is just so damn cool. I don't care whether it's actually useful to anyone or not. I just love the name 'bitcoin'. I'll pay anything to own a bitcoin, I don't care!!! Who cares, it's only money!! Not like it's useful for anything else. If I have bitcoin, who needs money anyway! Bitcoin is better than money, even though nobody accepts it. It's just because they're uneducated and they don't understand its worth $10,000 even though the market price is $10. I don't care what other people think, they're wrong!! In 100 years I'll still own my bitcoin - that's all that matters! Even if it goes to $10, I'll still hold.
I don't give a fuck about the price. The concept of bitcoin is just so damn cool. I don't care whether it's actually useful to anyone or not. I just love the name 'bitcoin'. I'll pay anything to own a bitcoin, I don't care!!! Who cares, it's only money!! Not like it's useful for anything else. If I have bitcoin, who needs money anyway! Bitcoin is better than money, even though nobody accepts it. It's just because they're uneducated and they don't understand its worth $10,000 even though the market price is $10. I don't care what other people think, they're wrong!! In 100 years I'll still own my bitcoin - that's all that matters! Even if it goes to $10, I'll still hold.
Yeah so the early adopters in 2009 who grasped the idea, mined the coins, bought coins in the early years which had no economic purpose whatsoever were idiots.
The people who bought bitcoins when they were 10$, such idiots!
I am guessing everyone who has accrued any wealth is an idiot!
The early adopters are smart. The early adopters are not on, here, though unless they are just bored. Yes, getting in on the first major digital currency in its infancy, even if that digital currency carries on, is replaced, or is stifled by regulation and outside forces, was very smart. I don't think that is relevant to the present day, though. In the present day, there are two major questions: (1) How much of the price run-up was bubble froth and how much of it was "true" (for lack of a better word); and (2) Will there be another (or other) demand spike events/will the user base increase in a punctuated equilibrium fashion -- stagnate, stagnate, stagnate, boom, stagnate, stagnate, stagnate, boom... etc.
I've heard decent arguments in either direction... but then I've heard even more just crazy $10000000000 coin madness.
I'd probably sell a load if the price skyrocketed but I'd rather bitcoin have slow growth so I can spend them on things rather than sell them for fiat.
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