It looks like we dont have the right teamwork or there are really a lot of bitcoin investors that are just in for money.
We keep on hoarding but for what? If this keeps on the value of bitcoin might go a greater fall than what we have seen. Worse it will be zero again.
Afterwards, we might not see it coming back to this moment since new coins are more trusted than the original bitcoin.
Topic: What the future HODL? - page 6. (Read 1291 times)
Unfortunately thats the way crypto is promoted right now, as a tool to invest and double or triple your money easily in a short time. And the problem is that most people share this bad information even further to their friends and thats why we get so many newbies in crypto world that come here just for money and not for the real purpose of bitcoin.
Your purpose and me are the same, you care about money and so do I. The market is always risky, so many people always create FUD so that the market fluctuates to help them make a profit. The Crypto market can only be HODL to become rich, but you need to hold it for 1 or 2 years. This market does not exist the "win-win" concept because profits do not appear on their own. 
Well majority of bitcoin holders and users are not concerned about privacy, they are not concerned about the motto or vision of Satoshi. They dont care how bitcoin is made and what it is for. The only thing that is driving the majority is the so called profit. And so if BNB or the so called bank coin can promise them big profit they would likely invest and support it so they can earn. Only a few bitcoin enthusiasts are here for the so called financial revolution against centralization. The world is cruel and money is what matters to the majority of the population including in the cryptocurrency world.
In summary people will hold coins that they think has the potential to bring them a fortune.
In summary people will hold coins that they think has the potential to bring them a fortune.
It started out with a much different mentality, it was about the principle and the technology. You are right though, the main thing keeping bitcoin popular among the masses is the chance to get rich. That is why we had people throwing money terrible ICOs in hopes of making easy money.
ı prefer to hold platform coins , like waves ether vet, and also some undervalued currencıes like nav,
at next bull run these coıns wıll have attentıon and high values,
but people shouldnt forget all crypto ıs very rısky, %90 of crypto coıns mostlu scam or overrated
at next bull run these coıns wıll have attentıon and high values,
but people shouldnt forget all crypto ıs very rısky, %90 of crypto coıns mostlu scam or overrated
Goosebumps.
It is real and can happen.
I didnt go that far to imagine things but now it is embedded in my brain.
There is no stopping them but there could be a way to prevent them from kicking bitcoin.
Keep on supporting bitcoin not for greed but for usage.
As we see it, that is lost by now.
All they care is the money behind it. Yeah go 19k again. That is all you can see and sometimes it goes beyond like, "go 50k, 100k and even 500k".
If that keeps on we might see a deflating value rather than pumps.
It is real and can happen.
I didnt go that far to imagine things but now it is embedded in my brain.
There is no stopping them but there could be a way to prevent them from kicking bitcoin.
Keep on supporting bitcoin not for greed but for usage.
As we see it, that is lost by now.
All they care is the money behind it. Yeah go 19k again. That is all you can see and sometimes it goes beyond like, "go 50k, 100k and even 500k".
If that keeps on we might see a deflating value rather than pumps.
Unfortunately thats the way crypto is promoted right now, as a tool to invest and double or triple your money easily in a short time. And the problem is that most people share this bad information even further to their friends and thats why we get so many newbies in crypto world that come here just for money and not for the real purpose of bitcoin.
Well majority of bitcoin holders and users are not concerned about privacy, they are not concerned about the motto or vision of Satoshi. They dont care how bitcoin is made and what it is for. The only thing that is driving the majority is the so called profit. And so if BNB or the so called bank coin can promise them big profit they would likely invest and support it so they can earn. Only a few bitcoin enthusiasts are here for the so called financial revolution against centralization. The world is cruel and money is what matters to the majority of the population including in the cryptocurrency world.
In summary people will hold coins that they think has the potential to bring them a fortune.
In summary people will hold coins that they think has the potential to bring them a fortune.
There is no such thing as an absolute truth. Maybe, hold will make us millionaire but it may lose our time and money. Just be a clever when it comes in market condition since it is unpredictable. There are people who enjoys to hold and wait patiently but others do not. Well, its up to us because we are the one that will decide to hold and secure our tokens but for me, holding our altcoins are big step to be a millionaire.
i don't see any of these centralized, corporate owned, bank owned, government created,... coins to be a threat to bitcoin! they aren't even capable of putting a dent in bitcoin's popularity that was gained already and will continue to be gained.
the only thing these things do is what they have always been doing, they offer a centralized solution that is no different that what we have seen before in paypal, banks, visa,...
in the end when people want decentralization, censorship resistance and all the other things that bitcoin offers, they always come back to bitcoin because that is their only option that truly offers these things.
the only thing these things do is what they have always been doing, they offer a centralized solution that is no different that what we have seen before in paypal, banks, visa,...
in the end when people want decentralization, censorship resistance and all the other things that bitcoin offers, they always come back to bitcoin because that is their only option that truly offers these things.
The whole "altcoin" thing is just a big clusterfuck. I wish I NEVER touched any altcoins. It just makes your taxes basically IMPOSSIBLE to fill after you get involved. The damn coins die so you cannot access your wallet.dat anymore as the blockchains don't sync, the exchanges die and you lose trading history (in case that you didn't save it which is most likely the case). It's just a big fuck up. Im getting rid of any alts I still have, or maybe not even that, I will just let them rot, they have only given me headaches. If you try to convert any BTC to fiat, you are going to see a nightmare of impossible-to-fill taxes.
Or just don't report any taxes in this specific case. Seriously, if you try to do the good thing but don't have any documents, screenshots, spreadsheets, etc, you're basically fucked.
The government doesn't care about how much of a brave citizen you try to be by reporting your taxes in all honesty, they are out to extort you till they have what they (very wrongly) think you owe them. My motto is; what the government doesn't know can't hurt you, financially or physically. We are a bunch of criminals and tax evaders from their perspective, so we can only do wrong.
As for the altcoins you still have, wait for the next bull run and convert them to BTC, that's the smartest thing to do. I do that too with the wide variety of shit forks that I still haven't claimed. Even the worst possible shit coins pump hard against their BTC pair, so there isn't much to lose here.
Be careful: DO NOT TRADE Your FREEDOM.
Luckily or unluckily everybody has his own personal opinion, I agree with what you're saying but at the same time we have to respect other people's decisions. Hopefully they're gonna regret ut soon.Be careful: DO NOT TRADE Your FREEDOM.
Luckily or unluckily everybody has his own personal opinion, I agree with what you're saying but at the same time we have to respect other people's decisions. Hopefully they're gonna regret ut soon.
Be careful: DO NOT TRADE Your FREEDOM.
Luckily or unluckily everybody has his own personal opinion, I agree with what you're saying but at the same time we have to respect other people's decisions. Hopefully they're gonna regret ut soon. 
This is the reason why I hate talking about my own personal assets in Bitcoin. The people who hear about it are expecting that I will earn a lot of money because of the cryptocurrencies easily without even looking at my struggles, dedications, and passion towards Cryptocurrency.
Cryptocurrency is not different from all the industry the people would choose to invest their life and choose as their passion with.
If you really care and enthusiastic about cryptocurrency, then you can make yourself stay in the industry. But if you just wanted your money to have easily become a profitable one, then bitcoin is not a good choice for you.
Cryptocurrency is not different from all the industry the people would choose to invest their life and choose as their passion with.
If you really care and enthusiastic about cryptocurrency, then you can make yourself stay in the industry. But if you just wanted your money to have easily become a profitable one, then bitcoin is not a good choice for you.
Yes bitcoin is not a get rich soon scheme or any Ponzi, only those who had been in this domain knows the difficulty of what it takes to survive in this industry. I wish newbies who enter this domain assuming anyone can become richer just by entering this crypto world with thoughts of 2017 December bullrun needs to look at the other side as well.
This is the reason why I hate talking about my own personal assets in Bitcoin. The people who hear about it are expecting that I will earn a lot of money because of the cryptocurrencies easily without even looking at my struggles, dedications, and passion towards Cryptocurrency.
Cryptocurrency is not different from all the industry the people would choose to invest their life and choose as their passion with.
If you really care and enthusiastic about cryptocurrency, then you can make yourself stay in the industry. But if you just wanted your money to have easily become a profitable one, then bitcoin is not a good choice for you.
Cryptocurrency is not different from all the industry the people would choose to invest their life and choose as their passion with.
If you really care and enthusiastic about cryptocurrency, then you can make yourself stay in the industry. But if you just wanted your money to have easily become a profitable one, then bitcoin is not a good choice for you.
Exchanges that are printing their own money (like Binance) are probably breaking some laws. The whole "altcoin" thing is just a big clusterfuck. I wish I NEVER touched any altcoins. It just makes your taxes basically IMPOSSIBLE to fill after you get involved. The damn coins die so you cannot access your wallet.dat anymore as the blockchains don't sync, the exchanges die and you lose trading history (in case that you didn't save it which is most likely the case). It's just a big fuck up. Im getting rid of any alts I still have, or maybe not even that, I will just let them rot, they have only given me headaches. If you try to convert any BTC to fiat, you are going to see a nightmare of impossible-to-fill taxes.
As far as people selling, you cannot stop them. What matters is, fiat tends towards infinite supply, Bitcoin is strictly limited in amount, so do the simple math.
As far as people selling, you cannot stop them. What matters is, fiat tends towards infinite supply, Bitcoin is strictly limited in amount, so do the simple math.
In your opinion, is it that simple? If it were, exchanges would only print money. It's because you think about the binance example. However, Binance offers the most important projects all over the world and it is not possible that its money is not valuable in this conditions.
Exchanges that are printing their own money (like Binance) are probably breaking some laws. The whole "altcoin" thing is just a big clusterfuck. I wish I NEVER touched any altcoins. It just makes your taxes basically IMPOSSIBLE to fill after you get involved. The damn coins die so you cannot access your wallet.dat anymore as the blockchains don't sync, the exchanges die and you lose trading history (in case that you didn't save it which is most likely the case). It's just a big fuck up. Im getting rid of any alts I still have, or maybe not even that, I will just let them rot, they have only given me headaches. If you try to convert any BTC to fiat, you are going to see a nightmare of impossible-to-fill taxes.
As far as people selling, you cannot stop them. What matters is, fiat tends towards infinite supply, Bitcoin is strictly limited in amount, so do the simple math.
As far as people selling, you cannot stop them. What matters is, fiat tends towards infinite supply, Bitcoin is strictly limited in amount, so do the simple math.
Some times freedom in it self is not free because some time we have to sacrifice our freedom for the general good of the society, but in all hodling for the future still remains the best in this industry.
In a way we said goodbye to our freedom when we started using exchanges and even wallets at all. Bitcoin in the vision of its creator was supposed to be exchanged by people directly with no intermediaries.
Another treason is of course treating Bitcoin only as investment and caring about it as long as it's profitable. The op is right, we shouldn't be trading our freedom. But some tendencies are irreversible already.
Another treason is of course treating Bitcoin only as investment and caring about it as long as it's profitable. The op is right, we shouldn't be trading our freedom. But some tendencies are irreversible already.
I think it's not that simple. So we can not say that this market has no future because we use only exchange. Cryptocurrencies can be more effective than DEXs for the future, yet in the maturation period.
Don't take so serious this CEX and leave people trade whenever they want.
In a way we said goodbye to our freedom when we started using exchanges and even wallets at all. Bitcoin in the vision of its creator was supposed to be exchanged by people directly with no intermediaries.
Another treason is of course treating Bitcoin only as investment and caring about it as long as it's profitable. The op is right, we shouldn't be trading our freedom. But some tendencies are irreversible already.
Another treason is of course treating Bitcoin only as investment and caring about it as long as it's profitable. The op is right, we shouldn't be trading our freedom. But some tendencies are irreversible already.
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