Topic: I'm dumping my bitcoins so you should - page 29. (Read 35658 times)

Dump or selling your coins is not the right way to do so. Because if you sell your bitcoins you will be lose a opportunity to make a profit if the price goes up. So don't dump or sell your bitcoins because the price is not stable it will rise again just be patience.
If you sell you lose, you hold you can gain profit.

Its maybe good but bad for the people that are really selling them.
If you need money fast I can understand it.
But its just a matter of the time bitcoin will rise to a higher amount.

I think that's not a good idea if you're going to do that.
Because I think the effect that the later is going to be worth much more and that you can get more profits with it.
The value is in fact now very low and I think you can get so much profit later.

the block halving is definitely not priced in at this moment. i am quite sure that we can see the price gain 75-100% this year from the current $380 price level. which means that there is still a lot money to be made. and if there is an agreement about increasing the blocksize from 1mb to 2mb this year, then we'll see the price incease even more.

Well I just hope for you the halving won't have big consequences on the price then ^^

I find it understandable to sell right now. Price is rather high and halving had probably already priced in. What will happen after halving when everyone will have dumped their coins they were saving for the halving?

Yeah above 400 i can sell but not under it.
Buying above 300 seems to be a good price too.

But dumping bitcoins no, it's not a altcoin right.

I'm not selling/dumping either, i won't sell at 300$ or 400$ i'll start selling at 800$ no matter how much time it takes. 

I am doing trading in the bitcoin market for more than 6 months and what i have studied the market is that if their is any bull in the bitcoin market then 100% their will be bear in the same market, i have earned in trading in bitcoins and like that from 0.01btc i have earned nearly 0.09 btc in the last 2 weeks, so i think dumping and holding the bitcoins is not a good choice.

im not dumping, i believe in bitcoin and i think that the price of it will grow in a few years

I do not think that would be a good idea is clear.
I just think you have to keep your coins and quietly wait and see what will happen. It would be a shame if you miss money.

I just been talking to some tech geek about this Hard Fork...

lol...I had no fucking idea...


BTC-a, BTC-b. If their is a lack of 100% consensus, and u receive Bitcoins, you have no idea whether they are going to come out as BTC-a or BTC-b?

Essentially, if this issue is not unanimously resolved, the market is going to have to essentially find new values for each of these 'new' coins.....

.....I will start the bidding at....$0.01!!!

Hodlers don't sell, so I'm sorry.
I love my coins too much and can sit it out.Nothing to worry here.
Bitcoin goes up and down all the time.And as long I'm confident that Bitcoin's future will be bright I have no reason to sell.

naah im not selling any of my coins that i have, i think it is way much better to hold and then sell at a higher price

A matter of time until the next manufactured pump?

Perhaps.

But that is all it will be.

As Crypto goes, there are already technically better alternatives out there (ETH), and there is already an alternative which banks are turning to utilising for clearing pruposes (XRP), and they are doing this without really affecting the value of XRP in any conspicuous way.

What Bitcoin is, is a relatively liquid market for a piece of transferrable computer code, that thusfar, cannot be 'faked' or reproduced by a hacker. That makes a good way to move funds around between parties who don't have better alternatives to hand, and also who have access to modern banking, in order to get the BTC converted into a currency that they can actually use. So as things stand, Bitcoin pretty much offers good utility for drug dealers, paedophiles, small time money launderers, 'political subversives' and others who may need to circumnavigate banking system to move funds around undetected and/or to circumnavigate capital controls.

Bitcoin network has grown to require a galactical amount of computational power, and which is very expensive to run, and despite this, or perhaps because of this, transactions time are far too slow for the digital age. I have waited 3 hours on a transaction to go through just recently, and all the while the convertible value of what I have transferred is bucking around like crazy all over the shop. Also, BTC market is cornered by a small cabal of people who simply see Bitcoin as a good cash cow. In the lack of a real fundamental reason for investors to move into Bitcoin, 'they' will eventually milk that cash cow to death. But with the severe limitations in what Bitcoin itself can offer (the banks will take advantage of block chain technology whilst totally circumnavigating Bitcoin), the only viable 'fundamental' that could cause Bitcoin to rise other than yet another manufactured pump, would be holders of capital piling into Bitcoin in order to circumnavigate capital controls. Most likely suspect for this would be China......and if it does play out this way, then the pump will last until the Chinese government block the leak and outright ban Bitcoin, which would lead to yet another almighty fucking dump.

Bitcoin will give a relative minority of shrewd investors the chance to make a good bit of profit yet, but the majority of those who put their faith in Bitcoin will get their fingers burned. Bitcoin aint going to be 'it'. It's days are numbered, which isn't surprising as afterall, it was the very first of its kind. A prototype, with many flaws that needed identified and ironed out.

don't cry later when we break the 500 mark, it's good to play with the market on the small correction between the range that are there for being manipulated to death, but in the end bitcoin will increase it's a matter of time

and we have already seen it, plenty of times, talking about the average increase here not useless p&d

Why should I do that actually go. I think the price is now very low and I think the very I still have to buy a few.
Because I think that the value will go up later.

Already have dumped...

My Stop Order was triggered down at $366 as I slept. Couldn't believe my eyes when I woke up and seen what the market had done.

Next BTC move will be to take BTC off exchanges, on to LocalBitcoins, where I shall sell to bunch of junkies and paedophiles (only people who actually need to use BTC) for a minimal premium and finally get cashed out into GBP.

are you dumping ? i think this is good for all of us that want to buy some coins, please sell more!

Last time I took all my funds out of Bitcoin, it lasted over 18 months m8, and what did Bitcoin do in the time that I was absent from market? CRASHHHHH!

I don't 'love' Bitcoin, I actually hate Bitcoin and hope it dies a terrible death one day (as long as I am not holding any shitcoin when it does),....but I do love trading...and am getting increasingly better at it, at reading markets, and reading why they move like they do.....and I can see that BTC just aint a market that I want to be playing in.

Trading Bitcoin recently is not so much about understanding fundamentals, or technicals and then acting accordingly, it is playing cat n mouse with the Chinese Bitcoin Cowboy(s) who totally control the market. Market goes in the direction that makes them the most money, by Stop Calling and/or liquidating traders out of their positions. That is the only reason for any market movement in the past two months.....

....Bitcoin is a cash cow to the Chinese Cabal who own and run it. Said that many times before but picture is becoming clearer now than ever.


....'Halving Pump'....wouldn't fucking count on it. Nov 2015 may well have been it. Small money will leave Bitcoin in droves and Big money will be looking at Bitcoin thinking...Fuck this shit man, this market is totally cornered and since their is a limited supply, there is no way this market can be uncornered.

You've been saying this for three years....it was rigged when Gox was in town, then you spent a great deal of energy moaning about Finex and how it was 'rigged'. To claim there was ever some glorious, transparent BTC market is highly disingenuous. 

Infact, I remember a time when you were leaving BTC "forever"....that didn't last long.

You just like having a moan but when it comes to the crunch, you love BTC.