Don't HODL!!! - page 4. | Bitcointalksearch.org

OROBTC

legendary

Activity: 2912

Merit: 1852

Quote from: Meuh6879 on November 07, 2015, 12:13:18 PM

Quote from: Lloyds Banking Group on November 07, 2015, 03:05:20 AM

For most people, hold is not their intention, as least most of the time.

let me guest : you are rich, no ?

I'm not ... and i want earn my work (money) ... because i'm not afford to loose this capital to buy some shitted device (i choose carefully my devices).

bitcoin is a reserve of money, better, A HELL BETTER than my bank now.
in 2015, it's the most noticiable thing.

i buy 500 euros per month of BTC (no more to safe in life economies).

+ 1

You're walking the walk, mon amis.

Bitcoin and gold are two alternatives that most people should be looking at HODLing.

SPEDNing and HODLing BTC are both legitimate.

Meuh6879

legendary

Activity: 1512

Merit: 1011

Quote from: Lloyds Banking Group on November 07, 2015, 03:05:20 AM

For most people, hold is not their intention, as least most of the time.

let me guest : you are rich, no ?

I'm not ... and i want earn my work (money) ... because i'm not afford to loose this capital to buy some shitted device (i choose carefully my devices).

bitcoin is a reserve of money, better, A HELL BETTER than my bank now.
in 2015, it's the most noticiable thing.

i buy 500 euros per month of BTC (no more to safe in life economies).

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: smoothie on November 07, 2015, 07:00:33 AM

Quote from: odolvlobo on November 06, 2015, 01:45:08 AM

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

Quote from: Kakmakr on November 06, 2015, 01:39:56 AM

W.t.f. are you talking about? The more you hodl now, the higher the prize will go in the future. ...

It's funny that RawDog (of all people) gets it, but others don't.

This is the same guy that has quadruple-talked on his stance on Bitcoin.

The guy said in 2011 that bitcoin was going to die and was headed to 0.

over 4 years later...the guy is still wrong.

Uhm - just in case you don't know, about 6 or 7 people have the log-in for this handle. Talk about split personality.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: RawDog on November 06, 2015, 04:53:42 PM

Quote from: btcxyzzz on November 06, 2015, 04:44:49 PM

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

No. HODL is a little bit better than spend right now. Price better reacts to HODL and that's what Bitcoin needs now, greater price, to be widely adopted and to be used as a storage of value which is the most important function.

Just shocking - the number of idiots around here. Shocking.

If the price of bitcoin is .00001/$ it works great. If the price is 10000/$ it also works great. The functionality is neither increased nor decrease via its price. Price only helps the speculators who want to realized unearned benefit.

Spedning keeps the merchants interested and advances the ecosystem. Hodling does nothing at all. HODL is dumb.

Use Bitcoin. If you don't USE Bitcoin, it won't be useful. If it is not useful, it will go away. Get it? It doesn't take a genius.

You are probably the biggest idiot.

You have called for bitcoin to die 4 years ago and you were wrong.

Your mentality is much like the fed...trying to increase and give incentive for people to spend.

Not all cash is being spent right now.

So no you are half right. Holding it and spending it are both valid.

It's not like you get penalized for not spending it.

olcaytu2005

legendary

Activity: 1470

Merit: 1024

I HODL!!!

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: odolvlobo on November 06, 2015, 01:45:08 AM

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

Quote from: Kakmakr on November 06, 2015, 01:39:56 AM

W.t.f. are you talking about? The more you hodl now, the higher the prize will go in the future. ...

It's funny that RawDog (of all people) gets it, but others don't.

This is the same guy that has quadruple-talked on his stance on Bitcoin.

The guy said in 2011 that bitcoin was going to die and was headed to 0.

over 4 years later...the guy is still wrong.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1011

In Satoshi I Trust

Quote from: Fci on November 06, 2015, 01:54:49 PM

Did you ever think about the fact that you can hold bitcoins and ALSO spend them? Just go shopping and immediatley refill the amount you spent for your pizza, shirt, drugs or whatever.

alot of people dont understand this - you are of course RIGHT

!

Soros Shorts

donator

Activity: 1616

Merit: 1003

Yeah, spend you coins ... and not just on Bitcoin related businesses but more so on non-Bitcoin businesses that happen to also accept BTC.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

Quote from: Lloyds Banking Group on November 07, 2015, 03:05:20 AM

Quote from: Possum577 on November 07, 2015, 02:53:56 AM

I'd love to spend more but as the economy improves salaries go down. The BTC working economy is FUCKED UP.

More important than not hodling is not cutting salaries when the fiat to BTC conversion works in Bitcoin's favor. These merchants need stop thinking about Bitcoin in terms of fiat, only then will we see true adoption.

When iPhone's function goes up every generation, people do not hold on their money to buy the next generation one. For most people, hold is not their intention, as least most of the time.

The appreciation of bitcoin will be 1-2% a year (economy growth rate) in the distant future when it is fully adopted.

I'm missing your point and how it relates to my comment - can you please clarify?

Thanks.

asusZ

newbie

Activity: 56

Merit: 0

I recently lost 0.02 bitcoin in an investment site and this is not the first time Sad

Lloyds Banking Group

newbie

Activity: 3

Merit: 0

Quote from: Possum577 on November 07, 2015, 02:53:56 AM

I'd love to spend more but as the economy improves salaries go down. The BTC working economy is FUCKED UP.

More important than not hodling is not cutting salaries when the fiat to BTC conversion works in Bitcoin's favor. These merchants need stop thinking about Bitcoin in terms of fiat, only then will we see true adoption.

When iPhone's function goes up every generation, people do not hold on their money to buy the next generation one. For most people, hold is not their intention, as least most of the time.

The appreciation of bitcoin will be 1-2% a year (economy growth rate) in the distant future when it is fully adopted.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

I'd love to spend more but as the economy improves salaries go down. The BTC working economy is FUCKED UP.

More important than not hodling is not cutting salaries when the fiat to BTC conversion works in Bitcoin's favor. These merchants need stop thinking about Bitcoin in terms of fiat, only then will we see true adoption.

tom555

full member

Activity: 210

Merit: 100

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

okay,for first time i read this,i agree with you,holding bitcoin just and fool act,just because bitcoin cant predicted and really fluctuate. but lets see from second or third view,this is about investement,this is about gambling with your knowledge and predictions about bitcoin price,how if you bought bitcoin at very low price,and somtime it become 200% up from buy price before,its a simply easy profit. but lets see what will happen about one year later Cool

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: Blue_Tiger73 on November 06, 2015, 09:19:02 PM

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

I get that you don't like people holding Bitcoin, but people have their own minds and can do what they want. It is good to use Bitcoin as it is safe and convenient, but some people also use Bitcoin as an investment. I don't think that holding Bitcoin is what f*cks up Bitcoin, I think it is people like you that f*ck up the community, going around calling people p*ssies for holding on to Bitcoin. Go f*ck yourself.

Pussy

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: 7788bitcoin on November 06, 2015, 02:29:42 AM

This is a problem with deflationary economy- people know the value of their holding will increase, so they are reluctant to spend and wait for the value to increase.

that isnt a problem in itself

also the effects of a global deflationary currency system have never been examined

Blue_Tiger73

member

Activity: 112

Merit: 10

Quote from: RawDog on November 06, 2015, 12:59:13 AM

Are you guys fooking nuts? Don't HODL! HODLing is what fucks up Bitcoin. SPEDN! Bitcoin was made to be used - not held. Spend your damn Bitcoin and support Bitcoin friendly merchants and bitcoin traffic. HODL is for pussies.

I get that you don't like people holding Bitcoin, but people have their own minds and can do what they want. It is good to use Bitcoin as it is safe and convenient, but some people also use Bitcoin as an investment. I don't think that holding Bitcoin is what f*cks up Bitcoin, I think it is people like you that f*ck up the community, going around calling people p*ssies for holding on to Bitcoin. Go f*ck yourself.

Cereberus

legendary

Activity: 910

Merit: 1000

Quote from: Barclays Bank on November 06, 2015, 05:25:58 PM

Some times, I think we should hold some and use some coins. Some times, I think we hold a small amount, trade and use most. Trading some coin is to make sure there is enough supply, so the coin price is not so volatile.

Good advice I will try it out and s if it is viable to do this to get something out of it. Wink

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: Barclays Bank on November 06, 2015, 05:25:58 PM

Some times, I think we hold a small amount, trade and use most.

WTF? - get a spell checker. It's 'HODL' not 'hold' Dumbass.

Meuh6879

legendary

Activity: 1512

Merit: 1011

btc holder will spend if the price go to 10x the initial bid.
logic.

and it's good ... because, more the supply is hold ... more the velocity is high (less available fund to play = more value for less coins).

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: luka1987 on November 06, 2015, 06:06:28 PM

well if this really works this way, why don't you open 2 wallets and just transfer the money 9999x times per day.. lol...

Do you apply the same logic to the regular (fiat) economy? Moving money from 1 pocket to the other is exactly the same as buying goods/services and accepting payments from others?

Quote from: luka1987 on November 06, 2015, 06:06:28 PM

like everything in the world, powerful people with big btc balances are controlling the coin... now banks started to do this too.. 1 bank from croatia just bought 1 million of $ in bitcoins... so stop writing nonsense..

You don't say! Bank? $1 million? That must have been like 10% of their annual coffee budget.

Quote from: Kprawn on November 06, 2015, 02:17:32 PM

You have to spend some Bitcoins to keep the wheels spinning. I see more and more merchants complaining they do not get enough Bitcoin business and wants to stop accepting Bitcoin.

Amen. But forcing someone to spend their BTC for ideological reasons or to buy overpriced stuff is not gonna work in a long run. We need more people with regular BTC income (at least some % of their total income) and merchants to start offering discounts on BTC purchases (pass on % of the savings to customers).

Quote from: 7788bitcoin on November 06, 2015, 02:29:42 AM

This is a problem with deflationary economy- people know the value of their holding will increase, so they are reluctant to spend and wait for the value to increase.

The 21mil cap doesn't guarantee deflation (defined as increase in purchasing power). Spherical economy in a vacuum.

Topic: Don't HODL!!! - page 4. (Read 5864 times)