Bitcoin Forum

Are You Cashing out of BTC before Everyone else Does or are you a BTC bagholder?

It is dropping now, so the time sensitive investment requires a decision.

http://coinmarketcap.com/currencies/bitcoin/#markets

Or they can just say

The Australians are coming!!!

The Australians are coming!!!


Time is a wasting , which did you chose?

 8)

FYI:
r0ach already claims to be out.
https://bitcointalk.org/index.php?topic=1413819.msg15299030#msg15299030

I am not "cashing out", as I buy and sell like every day.

OK ,

r0ach now claims he is back in,

how about the rest of you?

 8)

FYI:
I cashed out of BTC at $734, and will stay out until the Australians are finished.

what is bitcoin? link?

 :D  LOL,

You win the Good Humor Award for that one.

Its one of those shit coins , we keep hearing about.


 8)

FYI:
You would consider BTC ,
Hyperstake's prehistoric ancestor.

You didn't read the post correctly, the most recent was sell at $763

I am using
http://coinmarketcap.com/currencies/bitcoin/#markets

Current Price is $ 699.74 .

 8)

FYI:
You'll make me dizzy with your back and forth.

No. It's like an ancient dog I can't bring myself to put down. it creaks and yawns and has runny bowels but I love it all the same.

You're a decisive person, that cool, Good Luck.  :)

 8)

https://i.imgflip.com/166cp6.jpg (https://www.youtube.com/watch?v=8sn13MDyduw)

http://coinmarketcap.com/currencies/bitcoin/#markets

Current Price is $ 685.06.


 8)

Edit :
Now back above $700.

BTC is crashing due the negative fallout over the DAO attack. Oh well don't say you weren't warned. A lot of BTC bag hodlers now getting punished.

This one is really big decision for those people who holds the lot of coins and are not able to make decision whether to hold the coins to sale and book the profit. I have few btc and I will try to hold them as long as possible.

You're playing with fire. Fiat in a centralized exchange, what could go wrong.

Support looks pretty solid at $700  :)

'Cash out'?  lol

Good one brah.

I sold 25% of my BTC's at $ 745. More because I need money atm. I think BTC will go higher than $1000 this time.

I used some bitcoin at $685 a week ago. But I am a miner, so I have constant flow of bitcoin in my favour. I do not trade.

http://coinmarketcap.com/currencies/bitcoin/

Price  $ 682.82


 8)

I'm caching out my btc when I only need real money

Price is in free fall as we speak. Seems DAO hack attacks whateverz put off investors in crypto. Whodathunk?!??

Im holding it until the halving happens. BTC shot up due to the Chinese influence and the halving effect is not yet there. Its much certain that price will rocket sky high with halving and also the Britain's possible exit from EU. Hold on to BTC guys until halving..

Hold out all you like. I've brought forward my BTC bag hodling policy and am now dumping FAST. Remember the halvening has been price into BTC for over a year as the only folks aware of it are the BTC Baghodlers!!!

http://coinmarketcap.com/currencies/bitcoin/

Down almost ~$100 bucks

BTC current Price $665.62

Still Dropping,

Speculation will it hold ~$450 or go lower?

 8)

hard to be a "bagholder" when your basis cost is negative


lol, suckers

Yup the BTC price is in full collapse right now. It's a crippled coin with a fractured community so hardly surprising really. Investors know there are better cryptos out there.

As I believe the bitcoin price will rise a lot if it is developed properly, I will hold most bitcoin and promote it.

Another failed FUD attempt. Besides, you have to own Bitcoin first in order to be able to "dump fast".

What a load of bullshit. "Better cryptos", like what? Centralized, non-censorship resistant blockchains like ETH? Seems like someone is really hurt about not buying Bitcoin in time. ::)
https://i.imgflip.com/1691wz.jpg

It is holding $660 which is surprising because it is still $200 up from May.

I don't see an (decentralized) altcoin that has a comparable team of developers.

I cashed out 20% at 750 won't cash out any more until $1200 now. I think it will eventually go way higher, but you have to take some profits now and then. I never had many BTC anyway but do try to accumulated more as I go.

LTC I think will have a big year 2016 or 2017

Doge is the only other one I think could also take off but less so than LTC

I like the old POW coins.

BTC is Now Less than $ 580.00    
http://coinmarketcap.com/currencies/bitcoin/

Many are starting to sell , time is running out before we get down to the $450 mark.
(Only real question , is will it find support there or keep heading down.)

 8)

From the looks of it, the price is going in a downward direction. Bitcoin price might already have been reached its peak long before the halving happens. 

Cashed out on the 14th @ ~650


https://bitcointalk.org/index.php?topic=753252.msg15213330#msg15213330

I think its going to bounce at least once to try and go for the double top.
I think I'll sell a bunch when we get close to that again.

Bought in during the recent dip for ~.05 BTC, finally reaching my 1st goal of 1 BTC  ;D ;D ;D ;D

Now to begin working on my second goal - turning that 1 BTC into 2 BTC  ;)  Any advice on how to best attain this?  Getting just one bitcoin took me forever - lots of trading rather than flat out buying.  So doubling my bitcoin isn't something I want to take extreme risks over.

If you want to play it safe, lending your BTC on Poloniex for margin trading is pretty safe. The return is low, however. I wouldn't recommend putting all of your BTC on Poloniex though. Having all off your BTC on an exchange is never a smart idea. You can also learn how to do arbitration trading.

Short eth on one of it's spikes. it's going to do a long painful and fitful death.

Poloniex.com BTC deposits & withdrawls are offline.
Support is supposed to be checking into it.


 8)


Update:
BTC Deposit & Withdraws Back Online

Too late. The price is in freefall and no floor has been reached as yet.

Markets look like someone cashed out a lot of LTC trying to stabilize BTC , but the attempt failed as BTC continues on it's downward trek.


 8)

With folks pointing out how the ETH scandal is putting a spotlight on the Nash equilibrium vulnerability and seriously damaging all cryptocurrencies in the eyes of the "outside world", the long term uptrend could be in serious trouble. From a technical analysis standpoint, the crash to 550 is strong confirmation that it will take time, a lot of time, for price to restructure, that is if it ever does (unless this is another case of super crypto volatility and new highs are seen before the end of the month . . . which, with weak hands in panic sell mode at lows, is a possibility, albeit remote). This is not a question of if but when. There are plenty of other issues that threaten BTC's long term viability that will also attract the spotlight in the coming days, weeks, and months.

Personally I think a double top is optimistic and would be looking for a 61.8 retrace to sell into (with LTC as well), and then go away until early next year . . . if there is still a market in crypto then, of course.

You must be the dumbest person alive if you think BTC going down is a positive thing for your proof of stake scamcoin "zeitcoin".  Nobody on earth is ever going to use that for anything.  The best you can do is pray BTC rises and flail your arms around and say "look at me, I'm a blockchain too.  Someone mistakenly "invest" in me for no reason", then pray the BTC rise brings you a new greater fool.

Gotta love these attempts at spreading FUD.

There is no reason for there not to be a market.

Some people are really ignorant and foolish. They panic as the world is going to collapse as soon as the price starts correcting itself (which is what any rational mind should expect), even though it is still up over 30% in the 30 days range. Additionally, they promote these little pathetic attempts at altcoins in the hopes that it will gain adoption one day. There is definitely potential to profit in the altcoin market, but you can forget about one of these shitcoins having a nice future.

A complete loss of confidence and a subsequent fall into oblivion is one reason. But yes, you're right, even then there will be a "market", escrow trading here and there would be one worse case scenario, a back to the cave scenario, but real markets with LIQUIDITY, well, that's another story. And there are tons of things that could lead to such a pessimistic reality, from what's happening now with ETH to a possible power outage with just one major miner in China that could cause the blockchain to freeze for weeks (maybe even months depending on the reaction of other miners and whether they were to completely jump ship or not), etc., etc.

Don't get me wrong, I'm not necessarily predicting any of this, but I am saying that those risks clearly exist and in a tongue-in-cheek manner making clear that it might be a good time to cool the euphoric jets wait for the dust to clear.


Edit: the selling is generalized http://coinmarketcap.com/ - just about everyone is getting hit and this looks very much like the beginning of an exodus, something like the opposite of what was posted here around a year ago: https://bitcointalk.org/index.php?topic=1095434.0 We've seen a lot of money come into crypto since that time, but is there anyone who thinks that this new money is somehow not "hot", not interested in preserving itself and is here to stay in spite of the evident risks that are in ever brighter and brighter spotlights? A year ago it wasn't so evident, but do you really think serious money is going to hang around to see what happens in "ecosystems" clearly ridden with scammers and the ignorant (right up to the very "best" coins)?

These are all doomsday scenarios with slight probabilities. Let's say that a miner holding 30% loses all their power for some time. The difficulty adjustment would take a maximum of ~14 days + 30%. This would not cause the "blockchain to free for weeks or even months". Bitcoin's blockchain would operate, although the time between the blocks would be increased. That's about it. As far as the case with ETH is concerned, that is not going to happen with Bitcoin. Coin-control/blacklisting was already proposed in the past and was frowned upon. The day that Bitcoin implements either one of those, is the day that Bitcoin deserves to die.

Interesting article here. Bottom line of article stick with Bitcoin.

http://www.nasdaq.com/article/what-does-ethereums-massive-hack-mean-for-bitcoin-cm639450

Looks like we found the reason for all your bear spam posts lol.  Somebody got smoked in LTC:

Actually in USD terms, you're flat wrong, and you have the facts in the form of price charts staring you in the face as well.

(Now, the closing of the spread is another story, and maybe that will never happen, but to say smoked when they've basically held par is ludicrous, and even if it were the case, your logic that somehow I've recently got more bearish than I already was just doesn't make sense - I was already bearish!  :D )

Does anyone think serious money is going to stay and play with the likes of this kind of "knowledgeable" participants?

RISE, and only RISE.

LTC tanked today along with BTC, so you technically didn't "win" unless you were in fiat at the time.

Whatever you makes you feel good.

Up to the head and shoulder neckline, or bottom of the broken broadening pattern, depending on how you see it, one and the same in any event, and sell LTC. With BTC it's a clear H&S . . .

Clearly the first agressive sell area. I'll certainly be selling into any strength.

Long term holder here...no doubt in my mind that price fluctuations (both up and down) will continue as the market develops. I think there is long-term value in BTC (and it provides some diversification to my regular investments)

It is always funny how you feel the need to attack me personally,

Shows you're too much of an ASSHAT to have an intelligent conversation,
You shrill for BTC for a few weeks, and now you are a shrill for Monero which is an alt coin.
You contradicted yourself by saying all alts would die at the halving, but Liars do have a tenancy to do that.  ;)

A few weeks from now you will be shrilling for some other coin that you are day trading.
Here is the Difference, I was supporting ZEIT last year , this year , and as far in the future as I live.

Which one of us is truly supporting a coin, you're just another parasite feeding off of the different communities for fiat.
No worries, I will outlast you and ZEIT will be above all.
Just a matter of time.  :)

 8)

My rule of bitcoin - collect, collect & only collect. Forget about cashing them out. I believe that we are still the early adopters of bitcoin, so by 2025, the current value of bitcoin may get multiplied. I'd not recommend anyone to sell out their bitcoins.

That is fine, if you want to do that ,
but it means you are only supporting the miners of BTC and will never make any profit only a financial loss.

There should be a price that you are willing to sell at to make a profit, otherwise BTC for you is merely a Charity for Chinese Miners.
And I assure you they are Profit driven and will manipulate a market for their benefit. (As they have been doing for the past few days.)

 8)
 

I am proud bad holder of Bitcoin.
When I tried to trade, I end up lose more. I am also not so proud buy high sell low guy. E

We are going up again. Hope those that were lucky to sell higher bought the bottom already. Trip back to 700$ started.

Looking at the Markets it looks likes News of a possible BREXIT
is causing a huge influx of Euros & GBP into BTC.

    CoinsBank   BTC/GBP    $ 256,895   $ 760.17    0.10 %    
    Bitonic        BTC/EUR    $ 380,102   $ 717.37    0.15 %    

Chinese Markets are lower than Euro & GBP Trading.
    OKCoin.cn     BTC/CNY *    $ 1,859,680,000   $ 671.40    0.00 %    
    Huobi           BTC/CNY *    $ 814,667,000   $ 670.77    0.00 %    
    BtcTrade       BTC/CNY *    $ 231,253,000   $ 672.44    0.00 %    

Nothing like a little fear to pump a market.  ;)

They probably thinking the separation of Britain from the EU, will devalue both the euro and the pound and they will buy back into their own currency at a later date.
Be interesting to see how that plays out.

 8)

FYI: Update: BREXIT is Official
http://www.bloomberg.com/news/articles/2016-06-23/pound-surge-builds-as-polls-show-u-k-to-remain-in-eu-yen-slips

What is a question of when, and not if, is when the blockchain reaches unsustainability.

And the more popular, the faster . . . quite ironically.

Cheers