Bitcoin Forum

Economy => Speculation => Topic started by: Superhitech on October 05, 2014, 12:24:58 AM



Title: Why not to sell your bitcoins yet
Post by: Superhitech on October 05, 2014, 12:24:58 AM
Bitcoin isn't dying.... The price is just going down because everyone is panicking and selling their bitcoins. Less people using bitcoin=lower price
Hopefully people will come back to their senses and buy so price goes up. Maybe just keep holding on to your bitcoins, and in a few years there will be huge price rise as everyone starts buying then price goes up. Price goes up=more people buy

So don't sell your bitcoins! (I know the price has been dropping like a stone but believe!) Stay together! United we stand, divided we fall!


Title: Re: Why not to sell your bitcoins yet
Post by: cozk on October 05, 2014, 12:41:30 AM
http://oi58.tinypic.com/2q1yur7.jpg


Title: Re: Why not to sell your bitcoins yet
Post by: PapaEmeritus on October 05, 2014, 12:43:39 AM
Cult behavior  ::)


Title: Re: Why not to sell your bitcoins yet
Post by: cozk on October 05, 2014, 12:44:44 AM
Cult behavior  ::)

See you in 2-3 years. we'll see. I'd take my chances.

Potential is here. Right here.


Title: Re: Why not to sell your bitcoins yet
Post by: knight22 on October 05, 2014, 01:20:35 AM
Buy hi sell low. That's the way to go!


Title: Re: Why not to sell your bitcoins yet
Post by: Willisius on October 05, 2014, 01:25:03 AM
The price of bitcoin and the number of people using it are not tied together. I would venture to guess that more people use bitcoin now than when the market value was $900.


Title: Re: Why not to sell your bitcoins yet
Post by: mufa23 on October 05, 2014, 01:25:57 AM
Buy hi sell low. That's the way to go!
That was me years ago. I recovered and gained since then. It was an important life-lesson.


Title: Re: Why not to sell your bitcoins yet
Post by: kingofalts on October 05, 2014, 01:58:21 AM
Might as well sell and not try and catch a falling knife. Buy back in when it starts recovering and have more when it booms again 8)


Title: Re: Why not to sell your bitcoins yet
Post by: fuguebtc on October 05, 2014, 01:59:42 AM
bitcoin is at a massive discount now
Buy low and sell high


Title: Re: Why not to sell your bitcoins yet
Post by: rhino34567 on October 05, 2014, 02:08:13 AM
An easy way to avoid buying high and selling low is to just HODL.


Title: Re: Why not to sell your bitcoins yet
Post by: jacktheking on October 05, 2014, 02:11:33 AM
Well, Bitcoin price may be low for now. However, that also mean more investor are investing into Bitcoin. Simply because they want to buy low and sell high in the future. I agree, 'United we stand, divided we fall' .


Title: Re: Why not to sell your bitcoins yet
Post by: Superhitech on October 05, 2014, 02:18:14 AM

YEAH!!!!!!!!


Title: Re: Why not to sell your bitcoins yet
Post by: michietn94 on October 05, 2014, 02:18:54 AM
Just hold and wait for miracle.

I've seen any type of price that bounce down and suddenly bounce up

Just like last Nov 2013  8)


Title: Re: Why not to sell your bitcoins yet
Post by: Sindelar1938 on October 05, 2014, 02:27:26 AM
When we look back one day, we will recognise this period as a great buying window for late adopters


Title: Re: Why not to sell your bitcoins yet
Post by: bbit on October 05, 2014, 02:29:37 AM
If you think about it nothing has changed fundamentally with Bitcoin. Just human pyschie right now.

I still see BTC above $1,000 in February.


Title: Re: Why not to sell your bitcoins yet
Post by: TrailingComet on October 05, 2014, 02:33:02 AM
As they say, buy on fear and sell on complacency
On that basis alone, don't sell here. Hold or add if you have cash and a decent holing horizon.


Title: Re: Why not to sell your bitcoins yet
Post by: DonDev on October 05, 2014, 02:36:17 AM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)


Title: Re: Why not to sell your bitcoins yet
Post by: bbit on October 05, 2014, 02:41:16 AM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)

Clearly , in the long term its way more valuable then $1,000 ;-)  5 ,10 years we are talking about $50,000 - $100,000 ea. coin.


Title: Re: Why not to sell your bitcoins yet
Post by: jacktheking on October 05, 2014, 02:43:48 AM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)

Clearly , in the long term its way more valuable then $1,000 ;-)  5 ,10 years we are talking about $50,000 - $100,000 ea. coin.

Well, I dont think bitcoin would rise to 50,000 or so.. Probably the maximum it could goes is 2,000 in five to ten years time. Well, that is my guess.


Title: Re: Why not to sell your bitcoins yet
Post by: bbit on October 05, 2014, 02:48:01 AM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)

Clearly , in the long term its way more valuable then $1,000 ;-)  5 ,10 years we are talking about $50,000 - $100,000 ea. coin.

Well, I dont think bitcoin would rise to 50,000 or so.. Probably the maximum it could goes is 2,000 in five to ten years time. Well, that is my guess.

There is so much to be built on Bitcoin and it will take Bitcoin to use those services thus raising the value to new levels. Just my humble opinion.


Title: Re: Why not to sell your bitcoins yet
Post by: cozk on October 05, 2014, 03:02:24 AM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)

Clearly , in the long term its way more valuable then $1,000 ;-)  5 ,10 years we are talking about $50,000 - $100,000 ea. coin.

Well, I dont think bitcoin would rise to 50,000 or so.. Probably the maximum it could goes is 2,000 in five to ten years time. Well, that is my guess.

2k$/coin for a 21 million coins supply for a potential market of 2-4 bil people ?

More like 50k-100k$ each coin.

Potential is there. Will it be recognized ? 50-50 chances IMHO.


Title: Re: Why not to sell your bitcoins yet
Post by: Superhitech on October 05, 2014, 03:05:05 AM
Just hold and wait for miracle.

I've seen any type of price that bounce down and suddenly bounce up

Just like last Nov 2013  8)

Remember, history repeats itself. BITCOIN TO THE MOON!


Title: Re: Why not to sell your bitcoins yet
Post by: BTCmoons on October 05, 2014, 06:17:55 PM
In my eyes btc is worth more than 1000$ Im going to hodl for life. If you cant afford to hodl or need to sell btc to survive your in the wrong industry then crypto currency is not for you. Its like stock exchange ;)

Clearly , in the long term its way more valuable then $1,000 ;-)  5 ,10 years we are talking about $50,000 - $100,000 ea. coin.

Well, I dont think bitcoin would rise to 50,000 or so.. Probably the maximum it could goes is 2,000 in five to ten years time. Well, that is my guess.
According to Goldman Sachs bitcoin has the potential to reach a max of ~15k (IIRC). There is no reason why it would reach this case later rather then earlier (nor why it would reach this price earlier rather then later)


Title: Re: Why not to sell your bitcoins yet
Post by: robinwilliams on October 05, 2014, 06:23:19 PM
posts like this make me think the bottom is not here.


Title: Re: Why not to sell your bitcoins yet
Post by: fewcoins on October 06, 2014, 12:40:57 AM
Bitcoin isn't dying.... The price is just going down because everyone is panicking and selling their bitcoins. Less people using bitcoin=lower price
Hopefully people will come back to their senses and buy so price goes up. Maybe just keep holding on to your bitcoins, and in a few years there will be huge price rise as everyone starts buying then price goes up. Price goes up=more people buy

So don't sell your bitcoins! (I know the price has been dropping like a stone but believe!) Stay together! United we stand, divided we fall!

You stopped making sense after the first sentence... I couldn't read past that sorry, You have no idea what you're talking about.

posts like this make me think the bottom is not here.

It isn't... The bottom will be when the bulls realize their coins will never be worth what it is worth today this very second! Judging from all the hard headed dumb money in this market this is be a very hard slow bleed down to the double digits!


Title: Re: Why not to sell your bitcoins yet
Post by: Superhitech on October 06, 2014, 01:37:25 AM
If you don't believe in Bitcoin.... Why are u here? ^

Remember back in 2013 when it dropped to $70 USD and then shot up to $1200?


Title: Re: Why not to sell your bitcoins yet
Post by: llanillo on October 06, 2014, 01:40:15 AM
Im holding ... anyway i dont have a lot of btc and dont have money to buy so i just watching people buying btc cheaps right now with the wall on bitstamp


Title: Re: Why not to sell your bitcoins yet
Post by: fewcoins on October 06, 2014, 06:29:48 AM
If you don't believe in Bitcoin.... Why are u here? ^

Remember back in 2013 when it dropped to $70 USD and then shot up to $1200?

Of course I believe in bitcoin...I see a mass robbery of our community & decided to make an account. This isn't a joke man, I have friends down over 75%!!!