New Video: Why I am Not Selling Any Bitcoins Yet!

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: Xmaseven on December 14, 2016, 06:50:12 AM

Why you think it's convenient buy altcoins with your btc Shocked

?!?

In summary:

Because amount of transactions in bitcoin has not grown so fast anymore lately and is at risk of not growing at all for the coming year if disagreement between core devs and other leading figures continues.
Because chances for a bitcoin bubble become pretty high now that we are closer to the old ATH of $1100. In past bitcoin bubbles altcoins, even shitcoins, ended up rising even more then bitcoin.
Because in contrast to past bubbles, many bitcoiners now realize some altcoins do have a future.

I go more in depth in the video:
https://www.youtube.com/watch?v=5U4W7OS8-74

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: .crypto on December 12, 2016, 04:27:16 PM

Nice video indeed, but I don't really share your opinion about Altcoin.

Altcoins will rise when bitcoin fails. If bitcoin is successful, the altcoins will loose. I was really optimistic about Zcash, but look at it now Shocked

It was clear since the beginning that Zcash would be a disaster. The sketchy ass way that the anonymity works due needing you to trust the developers into doing some fancy ridiculous gathering to delete master keys that would give them access to the entire network and the stupid coin emission that guarantees a perpetual inflation for years makes it a very shitty investment.

merchantofzeny

sr. member

Activity: 1036

Merit: 279

Seeing all the posts in this thread, I'm almost sure I wouldn't be able to buy plenty of bitcoins for storing. A single coin is worth 38K in my local currency. The minimum monthly salary here is at around 16K.

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: jtipt on December 13, 2016, 09:03:40 AM

Quote from: davis196 on December 13, 2016, 08:16:09 AM

Last year at that time bitcoin was around $420-$450 ,now the price might reach $800.
Too sad that i haven`t got any bitcoins back in December 2015.
I lost so much potential profits. Cry

You can still make profit if you buy right now, if the up trend continues bitcoin price would be doubled by end of 2017.
Anyways, OP, great video I didn't watch the whole video its a big 24 min video, but its very informative keep up the good work.

yes that is right, bitcoin is really increasing and it is still right decision to buy bitcoin because the price is continuously increasing and i am also hopeful that the trend of increase the price of bitcoin will continue for a long time.

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: jtipt on December 14, 2016, 08:33:07 AM

Quote from: Marc De Mesel on December 13, 2016, 12:59:56 PM

Quote from: jtipt on December 13, 2016, 11:12:01 AM

I personally do not recommend holding bitcoins for long time, for short time holding right not Monero looks like good option, I've also got few btc invested in it.

Why not hold bitcoin for long term?

A little correction there, my auto-correct changed altcoins to bitcoin Embarrassed

really stupid of me now to check it after posting, I meant to say not to hold altcoins for long. I'm all for holding bitcoin for long term, its actually the best choice right now.

Quote

Why short term Monero is good, just went up 3x (from 300k satoshi to 1 million satoshi)?

That's the exact reason why to keep monero for just short time, it just went 3x right?, now you sell it and make a 3x profit but if you had hold it for long term and say in few months, like all altcoins nowadays, it crashed you would had been at a loss. Yes you would say what if it has been 10x in few months, but that's a gamble i woudn't risk to take

No worries, I think what you are saying though is that bitcoin is best investment, altcoins you can take a bet on short term, but avoid Monero as it just went up vs Bitcoin so the short term gain is already played out and like all alts it will more likely correct for many more months to come.

I agree Grin

Do think that some alts have short as well as long term very good odds, but I would agree that even those are much more risky than bitcoin.

jtipt

hero member

Activity: 1064

Merit: 529

Quote from: Marc De Mesel on December 13, 2016, 12:59:56 PM

Quote from: jtipt on December 13, 2016, 11:12:01 AM

I personally do not recommend holding bitcoins for long time, for short time holding right not Monero looks like good option, I've also got few btc invested in it.

Why not hold bitcoin for long term?

A little correction there, my auto-correct changed altcoins to bitcoin Embarrassed

really stupid of me now to check it after posting, I meant to say not to hold altcoins for long. I'm all for holding bitcoin for long term, its actually the best choice right now.

Quote

Why short term Monero is good, just went up 3x (from 300k satoshi to 1 million satoshi)?

That's the exact reason why to keep monero for just short time, it just went 3x right?, now you sell it and make a 3x profit but if you had hold it for long term and say in few months, like all altcoins nowadays, it crashed you would had been at a loss. Yes you would say what if it has been 10x in few months, but that's a gamble i woudn't risk to take

Xmaseven

full member

Activity: 124

Merit: 100

New Video: Why I am Not Selling Any Bitcoins Yet!

Unless to buy Altcoins

Shocked

Why you think it's convenient buy altcoins with your btc Shocked

?!?

imbladednow

hero member

Activity: 481

Merit: 500

Woking as a binman sucks.

Quote from: btcdiggingmaster on December 14, 2016, 06:28:04 AM

Very good video bitcoin is not short term investment, many people are paying insurances for their future returns like 10 years and 15 years, think like that bitcoin is also one of the investment where you can make more of what you are paying insurance. The people who will become rich only through holding their bitcoins for long haul and you will get your best return when you want to sell.

It could be a profitable short term investment too if you play your cards correctly.

btcdiggingmaster

hero member

Activity: 644

Merit: 500

Transact Safer / Chase Better

Very good video bitcoin is not short term investment, many people are paying insurances for their future returns like 10 years and 15 years, think like that bitcoin is also one of the investment where you can make more of what you are paying insurance. The people who will become rich only through holding their bitcoins for long haul and you will get your best return when you want to sell.

imbladednow

hero member

Activity: 481

Merit: 500

Woking as a binman sucks.

Quote from: piloder on December 12, 2016, 03:27:41 AM

Quote from: imbladednow on December 12, 2016, 03:24:27 AM

I buy some btc every paycheck no matter what the price though because its going to be my 401k in 25 years. But yeah. Even buyng under 1k now is great because for sure next year its going to be well over 1k. Maybe even by the early new year.

Nobody knows what will happen to bitcoin and to its price after 25 years but you are buying bitcoin with every paycheck which is good practice. Its better to invest in bitcoin rather than saving those paychecks in banks for 0% interest rate.

Im almost sure that in 25 years my btc will be worth at least 10x their value today. You should try buying some every week. Its a wonderful feeling.

sportis

sr. member

Activity: 406

Merit: 252

Veni, Vidi, Vici

I saw the video but I have my doubts about alt coins. If someone wants to exchange bitcoin with alt coins must be very well informed and his movements be one step the time. Alt coins are not only volatile but nobody can assure you that will not die in a week.

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: Kprawn on December 13, 2016, 01:24:04 PM

Are you sure you want to give advice on Alt coins? You had a bad experience with NXT by your own admission, so you know the risks involved

with this. { It was NXT ...right? } Most of these bloody Alt coins are pump n dump schemes, so you are entering a mine field buying into

them. I would put a strong disclaimer in the video, to protect yourself from people who might get burned and then blame it on you. Wink

It is better to burn out, than to fade away. Kiss

Kprawn

legendary

Activity: 1904

Merit: 1073

Quote from: Marc De Mesel on December 13, 2016, 01:00:34 PM

Quote from: shanem on December 13, 2016, 10:35:20 AM

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

Agreed man

I'll probably release a video on what altcoins I think are worth taking a bet on, please subscribe to my channel:

https://youtube.com/user/marcdemesel

Are you sure you want to give advice on Alt coins? You had a bad experience with NXT by your own admission, so you know the risks involved

with this. { It was NXT ...right? } Most of these bloody Alt coins are pump n dump schemes, so you are entering a mine field buying into

them. I would put a strong disclaimer in the video, to protect yourself from people who might get burned and then blame it on you. Wink

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: shanem on December 13, 2016, 10:35:20 AM

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

Agreed man

I'll probably release a video on what altcoins I think are worth taking a bet on, please subscribe to my channel:

https://youtube.com/user/marcdemesel

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: jtipt on December 13, 2016, 11:12:01 AM

I personally do not recommend holding bitcoins for long time, for short time holding right now Monero looks like good option, I've also got few btc invested in it.

Why not hold bitcoin for long term?

Why short term Monero is good, just went up 3x (from 300k satoshi to 1 million satoshi)?

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: calkob on December 13, 2016, 09:55:19 AM

What makes you think that bitcoin is not a good investment long term ?

Long term it's gotten risky due to internal conflicts.

Right now many transactions are not going through due to the blocksize limit not being increased.

As a consequence the growth of amount of transactions has been going down.

It's still growing but not as much, and if nothing changes soon it will stop growing altogether.

This is risky situation which was not the case 3 years ago.

https://blockchain.info/charts/n-transactions-total?scale=1×pan=all

https://blockchain.info/charts/n-transactions?scale=1×pan=all

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: jtipt on December 13, 2016, 09:03:40 AM

You can still make profit if you buy right now, if the up trend continues bitcoin price would be doubled by end of 2017.
Anyways, OP, great video I didn't watch the whole video its a big 24 min video, but its very informative keep up the good work.

Thanks man Grin

Absolutely, still great time to buy Bitcoin, but biggest opportunity is in alts right now I think. It all depends on your portfolio what one is short.

Marc De Mesel

sr. member

Activity: 327

Merit: 250

The Best Investment Deserves The Largest Exposure

Quote from: davis196 on December 13, 2016, 08:16:09 AM

Last year at that time bitcoin was around $420-$450 ,now the price might reach $800.

Too sad that i haven`t got any bitcoins back in December 2015.

I lost so much potential profits. Cry

No pain, no gain, Davis.

It's good you feel the pain of missing an opportunity so that next time when you see one you will TAKE IT. Cool

jtipt

hero member

Activity: 1064

Merit: 529

Quote from: shanem on December 13, 2016, 10:35:20 AM

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength.

I personally do not recommend holding ~~bitcoins~~ altcoins for long time, for short time holding right now Monero looks like good option, I've also got few btc invested in it.

shanem

legendary

Activity: 1344

Merit: 1000

What altcoins do you think is good to buy? Many altcoins are dropping because of the bitcoin strength. I remember people saying that it is not worth to invest in bitcoin at 300 dollars. There are just too many naysayers or people who missed the boat on bitcoin so they discourage you from buying bitcoin. Anyway, I don't think this is the peak. Bitcoin will need to go to 900 dollars at least.

Topic: New Video: Why I am Not Selling Any Bitcoins Yet! (Read 1683 times)