Author

Topic: Why You Should Never Sell Your Bitcoins Ever - page 151. (Read 270173 times)

hero member
Activity: 532
Merit: 500
you should be crazy to sell your BTC now
mainstream adoption time.

bitcoin prices are now rising, I would say crazy to you if you sell now, because in the year 2016 bitcoin prices would definitely go up, so just wait
full member
Activity: 756
Merit: 100
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Ahah yeah a bit of cosmos ^^
Fiat depends strongly on the perception of the value of countries by the market. Difference being all fiat money can't go down, it's only the value of $ compared to € that can go down (or any other pair, but a fiat money has value ony compared to another).

When you say "crashing hard" you're talking a 0.2 decrease. Which is a lot compared to the 20th stability, but nothing compared to the incredible volatility of btc.
Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink

So no, not the cosmos, but the value of a country and its people and its production. What has btc? The power of the computers mining? :/
Meh, not so valuable no?
It's your choice man, but I bet you'll regret your decision next year. Bitcoin is extremely volatile just because it wants to be more than it currently is. If you look at any money that any country has issued, you'd see it being pretty volatile, just because people get the feeling of how scarce it actually is.

And the only thing backing any fiat currency is the debt, that's behind it. the idea that a government is backing the money is just an illusion that far too many people have fallen for.

I actually bet that you just needed the money badly and now you are trying to excuse yourself out of it.

Yeah of course it's everyone choice. There is a bit of lottery in that.
I didn't need the money, I'm just used to buying btc when it's at 300 to sell it when it's at 400 and pretty happy with that. Just waiting for it to go down again, and maybe I made a mistake yeah but I didn't do one the 5 last times ^^

And fiat money is not backed by the government (I never said that) neither by the debt. It's backed by the people, what they produce, what they consume. It's backed by the fact that companies invest and use the money.

Maybe we'll go from fiat to btc. But actually I don't see a huge difference, btc is just the digital version of fiat. It's cool and much better, that's why I always have a few btc backed in a safe vault. But it's just money in the end, its value depends only of what it's used for Wink

In what way is btc less scarce than fiat seriously man? Are you telling me Euro is less safe than BTC? I don't understand why then, I'll gladly read your explanations, maybe I misunderstood something important then ^^
scarce : very small in amount or number / not plentiful

The first few years of any currency, people are testing the limits to how many units of currency there are out there. However if you didn't need the money, why did you sell? Look at bitcoinwisdoms one day chart and tell how is it supposed to go down with all of this pressure trying to push it up?

Because the same pressure will push it down once people actually understand you can't buy a thing with btc...

It's always the same, price goes up then down. Of course most of the time it doesn't go lower than before, but it still happends. Few months ago who would have said btc would go to 200?
The only way I'm wrong is if we reached mainstream day. Then btc will reach its true value, and then maybe I'll be sad to have sold it.

But I don't think this day has come yet that's why I sold ^^
hero member
Activity: 1064
Merit: 505
It really all comes down to personal opinion. With these kinds of things, you can never predict what is going to happen. I spend what I want to, but at the same time I am conservative with my money.

you should simply spend bitcoin like they were money, and forget about the p&d, what it matter is the average increase, not the swing that you see every day

from 0 we are at 400, and surely at 300 stable

Spending bitcoins like normal money is obviously not a good idea and it just does not work, why do you think major bussines do not use bitcoin? One day you may buy bread with 0.001 bitcoins and the next day 0.01 and the next day 0.10, how is that good?

and why it should matter? as long as you payed the equivalent in fiat there will be no issue at all

also does not forget that one day will mean better stability also, not great swing like today

Didn't you read what I said? You may have paid the equivalent in fiat AT THE TIME but later that amount could become double. Take a look at laszlo, the guy who bought a pizza for 10k bitcoins, yea at the time it was the equivalent to 40$ or so but after a few years it was 12 millions, you see why it's not good?
sr. member
Activity: 574
Merit: 250
In XEM we trust
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Ahah yeah a bit of cosmos ^^
Fiat depends strongly on the perception of the value of countries by the market. Difference being all fiat money can't go down, it's only the value of $ compared to € that can go down (or any other pair, but a fiat money has value ony compared to another).

When you say "crashing hard" you're talking a 0.2 decrease. Which is a lot compared to the 20th stability, but nothing compared to the incredible volatility of btc.
Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink

So no, not the cosmos, but the value of a country and its people and its production. What has btc? The power of the computers mining? :/
Meh, not so valuable no?
It's your choice man, but I bet you'll regret your decision next year. Bitcoin is extremely volatile just because it wants to be more than it currently is. If you look at any money that any country has issued, you'd see it being pretty volatile, just because people get the feeling of how scarce it actually is.

And the only thing backing any fiat currency is the debt, that's behind it. the idea that a government is backing the money is just an illusion that far too many people have fallen for.

I actually bet that you just needed the money badly and now you are trying to excuse yourself out of it.

Yeah of course it's everyone choice. There is a bit of lottery in that.
I didn't need the money, I'm just used to buying btc when it's at 300 to sell it when it's at 400 and pretty happy with that. Just waiting for it to go down again, and maybe I made a mistake yeah but I didn't do one the 5 last times ^^

And fiat money is not backed by the government (I never said that) neither by the debt. It's backed by the people, what they produce, what they consume. It's backed by the fact that companies invest and use the money.

Maybe we'll go from fiat to btc. But actually I don't see a huge difference, btc is just the digital version of fiat. It's cool and much better, that's why I always have a few btc backed in a safe vault. But it's just money in the end, its value depends only of what it's used for Wink

In what way is btc less scarce than fiat seriously man? Are you telling me Euro is less safe than BTC? I don't understand why then, I'll gladly read your explanations, maybe I misunderstood something important then ^^
scarce : very small in amount or number / not plentiful

The first few years of any currency, people are testing the limits to how many units of currency there are out there. However if you didn't need the money, why did you sell? Look at bitcoinwisdoms one day chart and tell how is it supposed to go down with all of this pressure trying to push it up?
full member
Activity: 756
Merit: 100
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Ahah yeah a bit of cosmos ^^
Fiat depends strongly on the perception of the value of countries by the market. Difference being all fiat money can't go down, it's only the value of $ compared to € that can go down (or any other pair, but a fiat money has value ony compared to another).

When you say "crashing hard" you're talking a 0.2 decrease. Which is a lot compared to the 20th stability, but nothing compared to the incredible volatility of btc.
Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink

So no, not the cosmos, but the value of a country and its people and its production. What has btc? The power of the computers mining? :/
Meh, not so valuable no?
It's your choice man, but I bet you'll regret your decision next year. Bitcoin is extremely volatile just because it wants to be more than it currently is. If you look at any money that any country has issued, you'd see it being pretty volatile, just because people get the feeling of how scarce it actually is.

And the only thing backing any fiat currency is the debt, that's behind it. the idea that a government is backing the money is just an illusion that far too many people have fallen for.

I actually bet that you just needed the money badly and now you are trying to excuse yourself out of it.

Yeah of course it's everyone choice. There is a bit of lottery in that.
I didn't need the money, I'm just used to buying btc when it's at 300 to sell it when it's at 400 and pretty happy with that. Just waiting for it to go down again, and maybe I made a mistake yeah but I didn't do one the 5 last times ^^

And fiat money is not backed by the government (I never said that) neither by the debt. It's backed by the people, what they produce, what they consume. It's backed by the fact that companies invest and use the money.

Maybe we'll go from fiat to btc. But actually I don't see a huge difference, btc is just the digital version of fiat. It's cool and much better, that's why I always have a few btc backed in a safe vault. But it's just money in the end, its value depends only of what it's used for Wink

In what way is btc less scarce than fiat seriously man? Are you telling me Euro is less safe than BTC? I don't understand why then, I'll gladly read your explanations, maybe I misunderstood something important then ^^
newbie
Activity: 43
Merit: 0
you should be crazy to sell your BTC now
mainstream adoption time.
sr. member
Activity: 574
Merit: 250
In XEM we trust
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Ahah yeah a bit of cosmos ^^
Fiat depends strongly on the perception of the value of countries by the market. Difference being all fiat money can't go down, it's only the value of $ compared to € that can go down (or any other pair, but a fiat money has value ony compared to another).

When you say "crashing hard" you're talking a 0.2 decrease. Which is a lot compared to the 20th stability, but nothing compared to the incredible volatility of btc.
Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink

So no, not the cosmos, but the value of a country and its people and its production. What has btc? The power of the computers mining? :/
Meh, not so valuable no?
It's your choice man, but I bet you'll regret your decision next year. Bitcoin is extremely volatile just because it wants to be more than it currently is. If you look at any money that any country has issued, you'd see it being pretty volatile, just because people get the feeling of how scarce it actually is.

And the only thing backing any fiat currency is the debt, that's behind it. the idea that a government is backing the money is just an illusion that far too many people have fallen for.

I actually bet that you just needed the money badly and now you are trying to excuse yourself out of it.
full member
Activity: 756
Merit: 100
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink


There's one subject called History you should study it: before the WWII the Deutsch Mark reached crazy values

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

So, man, sorry but you're wrong.

Dude... seriously?

Ok sry i gonna correct myself...

There is NO FIAT MONEY that goes from simple to double without a fucking crazy event like a crazy enc of WWI  Roll Eyes

And it was not in one day Wink
legendary
Activity: 2310
Merit: 1422
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink


There's one subject called History you should study it: before the WWII the Deutsch Mark reached crazy values

https://en.wikipedia.org/wiki/Hyperinflation_in_the_Weimar_Republic

So, man, sorry but you're wrong.
full member
Activity: 756
Merit: 100
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.

Ahah yeah a bit of cosmos ^^
Fiat depends strongly on the perception of the value of countries by the market. Difference being all fiat money can't go down, it's only the value of $ compared to € that can go down (or any other pair, but a fiat money has value ony compared to another).

When you say "crashing hard" you're talking a 0.2 decrease. Which is a lot compared to the 20th stability, but nothing compared to the incredible volatility of btc.
Btc can do from 250 to 500 in one day. NO FIAT MONEY has EVER changed that much in such a short period of time. Why? Only because a fiat money has a whole country behind it Wink

So no, not the cosmos, but the value of a country and its people and its production. What has btc? The power of the computers mining? :/
Meh, not so valuable no?
sr. member
Activity: 574
Merit: 250
In XEM we trust
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
and fiat depends on what, The cosmos? Currently every stock including paper money is crashing hard, except bitcoin. People get that bitcoin is a pretty good store of value.
full member
Activity: 756
Merit: 100
Btc will go back to 200$ I can bet it. That's why i sold it. Even fiat money changes but btc? It has nothing material, the price depends ONLY of the market Wink
legendary
Activity: 896
Merit: 1000
So maybe there is sense now to buy BTC while their cost  just 436.2 USD ?

Well you should have bought bitcoins when it was 300 dollars, but yeah never thought that it will be this price.
Now is good time to sell and buy some if you don't have that much money.

of course it is better to buy at lower rates, but you can't always get what you want. buying at current prices is fine as long as you are concentrating on the long term. then you surely know you will make a good profit.
sr. member
Activity: 364
Merit: 250
So maybe there is sense now to buy BTC while their cost  just 436.2 USD ?

Well you should have bought bitcoins when it was 300 dollars, but yeah never thought that it will be this price.
Now is good time to sell and buy some if you don't have that much money.
sr. member
Activity: 364
Merit: 250
So maybe there is sense now to buy BTC while their cost  just 436.2 USD ?
hero member
Activity: 616
Merit: 500
I think most people would exchange because of the fact that they got bills to pay and at this point not nearly enough people/companies accept bitcoins. They got no choice but to sell. I would probably sell as well but it depends on my situation at the time when bitcoin will be worth around $10.000.
sr. member
Activity: 336
Merit: 250
Well maybe you don't want to sell your bitcoins, but other people now is selling there and they make profit and with that they buy more bitcoins if the price goes down. So I just think what they do is good to do.
Every people is different so you can't just judge.
legendary
Activity: 3248
Merit: 1070
It really all comes down to personal opinion. With these kinds of things, you can never predict what is going to happen. I spend what I want to, but at the same time I am conservative with my money.

you should simply spend bitcoin like they were money, and forget about the p&d, what it matter is the average increase, not the swing that you see every day

from 0 we are at 400, and surely at 300 stable

Spending bitcoins like normal money is obviously not a good idea and it just does not work, why do you think major bussines do not use bitcoin? One day you may buy bread with 0.001 bitcoins and the next day 0.01 and the next day 0.10, how is that good?

and why it should matter? as long as you payed the equivalent in fiat there will be no issue at all

also does not forget that one day will mean better stability also, not great swing like today
full member
Activity: 756
Merit: 100
It really all comes down to personal opinion. With these kinds of things, you can never predict what is going to happen. I spend what I want to, but at the same time I am conservative with my money.

you should simply spend bitcoin like they were money, and forget about the p&d, what it matter is the average increase, not the swing that you see every day

from 0 we are at 400, and surely at 300 stable

Spending bitcoins like normal money is obviously not a good idea and it just does not work, why do you think major bussines do not use bitcoin? One day you may buy bread with 0.001 bitcoins and the next day 0.01 and the next day 0.10, how is that good?

Exactly, that's stupid to just "hold your btc". And then what? What are you doing to do?
And as long as your not paid in btc, you won't be able to just live with it you'll have to use fiat money. And as long as everybody (or at least the vast majority) is not paid in btc the price will fluctuate too much.
hero member
Activity: 1064
Merit: 505
It really all comes down to personal opinion. With these kinds of things, you can never predict what is going to happen. I spend what I want to, but at the same time I am conservative with my money.

you should simply spend bitcoin like they were money, and forget about the p&d, what it matter is the average increase, not the swing that you see every day

from 0 we are at 400, and surely at 300 stable

Spending bitcoins like normal money is obviously not a good idea and it just does not work, why do you think major bussines do not use bitcoin? One day you may buy bread with 0.001 bitcoins and the next day 0.01 and the next day 0.10, how is that good?
Jump to: