Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: just_me on December 28, 2013, 11:14:01 AM



Title: irreligious will burn in the lake of fire
Post by: just_me on December 28, 2013, 11:14:01 AM

Historically, in times of instability, people have sold the altcoins, and moved into bitcoins or fiat.


And the altcoins fell like heavy rocks in a lake, right to the bottom.




Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: Mortimer452 on December 28, 2013, 11:17:51 AM
Overstock.com announcing that they will begin accepting BTC as payment in the next 6 months will cause alot to jump ship, back into BTC

http://bits.blogs.nytimes.com/2013/12/26/overstock-to-embrace-bitcoin-giving-the-currency-a-lift/?_r=0


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: instacalm on December 28, 2013, 11:19:02 AM
 ::)


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: Mjbmonetarymetals on December 28, 2013, 11:29:34 AM
Overstock.com announcing that they will begin accepting BTC as payment in the next 6 months will cause alot to jump ship, back into BTC

http://bits.blogs.nytimes.com/2013/12/26/overstock-to-embrace-bitcoin-giving-the-currency-a-lift/?_r=0

I don't quite see this, the altcoins are becoming more like a true virtual commodity than Bitcoin is meaning the importance of these coins having bitcoins payment infastructure is becoming unnecessary. There simply a vehicle to hold value like a silver, rhodium, palladium coin etc. with the added bonus in a few clicks conversion back to btc is simple and easy.


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: instacalm on December 28, 2013, 11:31:21 AM

worthless crap coins that went up by 10x or more,

are like rocks that are dropped in the ocean,

and they fall to the bottom from where they came >:(

Are you mad?


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: shtako on December 28, 2013, 11:52:28 AM
Holding alt coins with low trading volume is extremely risky. As long as people are willing to spend BTC buying alt coins they have value. But if/when the buy orders go away the coins become worthless.


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: crunchynut on December 28, 2013, 11:52:44 AM
Historically, in times of instability, people have sold the altcoins, and moved into bitcoins or fiat.

historically - it's not that bitcoins are around since 1895.


Title: Re: [WARNING] DON'T PANIC!!! IT MAY BE TIME TO SELL ALTCOINS AND MOVE INTO BITCOINS
Post by: pangu on December 28, 2013, 11:56:25 AM
Historically, in times of instability, people have sold the altcoins, and moved into bitcoins or fiat.

historically - it's not that bitcoins are around since 1895.
word.