I'm dumping my bitcoins so you should - page 2.

quake313

sr. member

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Quote from: cellard on February 16, 2017, 01:19:56 PM

Quote from: Sharma on February 14, 2017, 07:01:15 AM

I also sold my bitcoin@900 $ I wish I had waited.Now looking to buy more.Any chance of price drop in near future?

Some people say that if the ETF gets rejected the price will dip. I think the people predicting prices as low as 500$ are stupid and out of their minds, we are never going back to $500. This price rise is far from ETF hype only, so we will see a lot of people getting fucked hard as they realize the price does not dip and their shorts are smoked. There are more chances for the ETF to get approved anyway.

There are a lot of people waiting for and expecting a drop. Don't be surprised to see this self-fulling prophecy come true. If it drops to 500, I would be surprised to see it stay at that level long, I expect a swift return to the 1k level.

shannen87

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Quote from: jeremy grol on February 16, 2017, 01:20:44 PM

Dump now and buy back at 2k usd

LOL #truestory

jeremy grol

hero member

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Dump now and buy back at 2k usd

cellard

legendary

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Quote from: Sharma on February 14, 2017, 07:01:15 AM

I also sold my bitcoin@900 $ I wish I had waited.Now looking to buy more.Any chance of price drop in near future?

Some people say that if the ETF gets rejected the price will dip. I think the people predicting prices as low as 500$ are stupid and out of their minds, we are never going back to $500. This price rise is far from ETF hype only, so we will see a lot of people getting fucked hard as they realize the price does not dip and their shorts are smoked. There are more chances for the ETF to get approved anyway.

Victorycoin

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Activity: 1134

Merit: 517

Quote from: gandame on February 16, 2017, 06:37:55 AM

I will dump my bitcoins even the price is low or high because I wanted to exchange it to fiat cash immediately and cash it out. I don’t really trust the online storage of my btc balance because it’s very vulnerable to attacks of hackers who may steal your bitcoin money balances.

It might interest you to know that all what you highlighted are really nothing new. They are part and parcel of the human emotions that plays dominant role in driving price in every financial market - those fears, panic, greed, anger,rumors, etc. The market is however more formidable now than what it used to be, because much more interests are now vested in it. At that, when you think you are dumping Bitcoin, the market would only notice that someone just sold his/her coin.

Quote

All I wanted to do is to store my cashed out fiat money from btc to the bank savings I have, and make it grow for the future investments that I will be having and I will keep saving them offline.

It is a wonderful idea to save for future investment, but a fact to call to mind is that, there is no risk-free endeavor everywhere. While your savings at the bank might be safe from hackers as you claim, watch out, there are still thieves in the form of inflation and devaluation lurking in the corner!

LittleBitFunny

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The first decentralized crypto betting platform

There's nothing wrong with the developer of Bitcoin being anonymous. If anything, it shows the ability to remain anonymous given that with official currencies it's practically impossible.

Altcoins will never top Bitcoin (or at least not for a long time) because of the community and support it has built up over several years and the fact the basis of it and the systems in place, while not perfect, are fairly solid.

The governments of countries will never want a pseudo-decentralised means of exchange. You seem to think that governments are going to both ban Bitcoin and use the concept of it themselves because the concept causes them problems. It really makes no sense and just seems like a meaningless rant to me.

sidhujag

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Quote from: gandame on February 16, 2017, 06:37:55 AM

I will dump my bitcoins even the price is low or high because I wanted to exchange it to fiat cash immediately and cash it out. I don’t really trust the online storage of my btc balance because it’s very vulnerable to attacks of hackers who may steal your bitcoin money balances. All I wanted to do is to store my cashed out fiat money from btc to the bank savings I have, and make it grow for the future investments that I will be having and I will keep saving them offline.

Storing monry in bank is higher risk and lower rewards

Wowcoin

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Quote from: gandame on February 16, 2017, 06:37:55 AM

I will dump my bitcoins even the price is low or high because I wanted to exchange it to fiat cash immediately and cash it out. I don’t really trust the online storage of my btc balance because it’s very vulnerable to attacks of hackers who may steal your bitcoin money balances. All I wanted to do is to store my cashed out fiat money from btc to the bank savings I have, and make it grow for the future investments that I will be having and I will keep saving them offline.

I don't agree with what you are talking about, you dump your bitcoin for your own purpose? Don't dump always because it may drop down the btc price and that is not profitable for all who uses bitcoin for investments. That is not true that hackers may steal your bitcoin stored at online wallets, maybe others been hacked because they expose their personal identity to social media.

gandame

hero member

Activity: 924

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I will dump my bitcoins even the price is low or high because I wanted to exchange it to fiat cash immediately and cash it out. I don’t really trust the online storage of my btc balance because it’s very vulnerable to attacks of hackers who may steal your bitcoin money balances. All I wanted to do is to store my cashed out fiat money from btc to the bank savings I have, and make it grow for the future investments that I will be having and I will keep saving them offline.

yugo23

sr. member

Activity: 476

Merit: 252

I'm dumping my coins too.

I'm pretty sure there will be another small drop of 100$, better buy back at 900 before we reach the 1500 =D

mundang

hero member

Activity: 1008

Merit: 500

I will never dump my bitcoins until the price will not go down and reach the 600$ again. I already saw the power of bitcoin and im believing on it. I will never forget about the price of 200$ going up to 1150$ . Thats why i will not dump

BigBos

sr. member

Activity: 1974

Merit: 450

I am not interested in doing it because everyone else does. This time, I better save bitcoin I have rather than use it, or sell it in low prices, because, of course it would make me lose large amounts. I better wait to wait for higher prices.

sidhujag

legendary

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Most amateur investors sold that is why the uptrend is so solid and doesnt want to look back. When they buyback in we may see a drop until then we rise

talkbitcoin

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All I know is that I know nothing.

Quote from: Sharma on February 14, 2017, 07:01:15 AM

I also sold my bitcoin@900 $ I wish I had waited.Now looking to buy more.Any chance of price drop in near future?

i don't like to kick people when they are down, but that is what you get when you fall for the manipulation. and you will continue losing money and lots of opportunity until the day you change the way you think about bitcoin and see the manipulations by reading between the lines.

Sharma

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GATCOIN : The New Currency Of Digital Marketing

I also sold my bitcoin@900 $ I wish I had waited.Now looking to buy more.Any chance of price drop in near future?

edgar

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Merit: 1001

Quote from: Doms on November 15, 2016, 10:35:38 PM

I wouldn't equate mere selling to dumping. In my case, I had to sell my bitcoins when the price reached $650 about a month ago because I needed the money for an occasion. I am planning on buying some again, but probably when the price lowers sometime in the future. Bitcoin will have cycles of surges and dips and that is what I am looking at when buying.

hows that working out?

did you buy back in?

Macadonian

sr. member

Activity: 467

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Quote from: Siatald on November 21, 2016, 09:34:54 AM

Quote from: Umigokath on November 15, 2016, 10:21:41 PM

I do not plan to dump them right now because most likely the bitcoin will be getting more popular, more used and also worth more.

That is right. If many people dump the bitcoin and suppress the price, it is actually a good time to buy.

You are right. For the people who did not sell, they are making profit now.

Siatald

jr. member

Activity: 35

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Quote from: Umigokath on November 15, 2016, 10:21:41 PM

I do not plan to dump them right now because most likely the bitcoin will be getting more popular, more used and also worth more.

That is right. If many people dump the bitcoin and suppress the price, it is actually a good time to buy.

Doms

hero member

Activity: 714

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I wouldn't equate mere selling to dumping. In my case, I had to sell my bitcoins when the price reached $650 about a month ago because I needed the money for an occasion. I am planning on buying some again, but probably when the price lowers sometime in the future. Bitcoin will have cycles of surges and dips and that is what I am looking at when buying.

Umigokath

newbie

Activity: 55

Merit: 0

I do not plan to dump them right now because most likely the bitcoin will be getting more popular, more used and also worth more.

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