Bitcoin Forum

The price is declining dramatically! All of the negative news are covered in the media!
http://bitcoinobituaries.com
Do u still have strong fresh reasons to hold ur bitcoin? Please share with us?

low rate ... is good.
because link mind of people, after the rain comes the sunchine (and high prices !)



or




wait 2016.

I hold because its not even worth to sell it for this price

Mentalities changes . Some people all they care about is being rich , and they should know that bitcoin is a long term investement ,so they won't become millionaires between one night & another .
for some people it just dosen't worth it to sell at such price since they bought it very very cheap (early adopters) and people who are just selling their bitcoin are the one who bought BTC while it was 350-600$ let's say & they are afraid that it will never go up again

I personally don't have enough bitcoin to care about the price changes (either it falls or goes up) .  I will stick to BTC forever tho ;D

2014 was one of the best years for BTC - so iam optimistic :)

It doesn't matter whether its bitcoin or and fiat currency.

Movement up or down creates opportunities to hedge your positions.

Because I'm not a whining 16 year old that spent the last of his beer money buying Bitcoin. I'm an adult that can afford to invest in risky new technology with a possible large future payoff. I'd use Bitcoin if it never did anything but piss off some elected official that's worried about his future potential to steal from people. To me that's a payoff.

Articles collected on that site are enough. Bitcoin being constantly declared dead for five years, and yet it is still here.

said it all! great answer
In addition,  sell  bitcoin today is to walk to bring

I thought the purpose of that website was to be sarcastic about the “death of Bitcoin”. Notice the first “death”. It was in 2011.

The reason I have to continue using Bitcoin (not just holding it) is because it's mathematically secure, and nothing can change that.

I Was Buy BTC For Selling Good Price But Price Still Goes Down  ;)

Like Latium Faild ...

Is BTC Too Going To Faild...............????
 :o

back in 2014 everyone told to wait till 2015. now you tell to wait till 2016 even though the year just started :D

when despair hits the market warren buffet says buy not sell

and all the times bitcoin has died before

https://www.google.com/cse?cx=016660200577587308545%3Aesf40ml9aag&ie=UTF-8&q=Bitcoin+RIP&sa=Google+search#gsc.tab=0&gsc.q=Bitcoin%20RIP&gsc.page=1

https://bitcointalk.org/index.php?topic=34059.120

This. When I got started with Bitcoin, 1 BTC was less than 10 cents. I remember three major crashes, first to 2 EUR, then 100 EUR, then 400 EUR, so I'm kind of looking forward to the next crash. If you cannot think long term and/or see the big picture, then better stay out of any kind of investment.

To paraphrase Mr. H. J. Simpson: Coin goes up, coin goes down. Coin goes up, coin goes down. Hehehehehehehehehe.

I have the faith that bitcoin will ever be a massive payment method

The financial system is still very shaky. A catalyst like bank bail-ins in any major country would make the average person realise their money is not safe in a bank and a decentralized alternative is better.  Bitcoin was born from a financial crisis and it will benefit from the next one.

I don't have a reasons to hold my bitcoins but definitely have reasons to use them ;)
The recent price drop definitely impacted a lot of bitcoin holders, and I still am unsure if I want to sell my entire stack or keep it for now .
I really don't see it going much lower specially when mining is not profitable anymore.

Bitcoin must be regarded as a long-term investment instrument and not a currency right now if you ask me because the fluctuations are too great.

I think that's the problem, actually. When people start treating it as an actual currency, the fluctuations will begin to lower.

hello .i think or i am sure that you have milions of reasons to hurry and grab the most bitcoins that u can at this price or else you will say i wish i did ...the more people talk about bitcoin (free advertising )the more ignorant and people  who dont know about it will consider the currency so you should be happy this opportunity could be the closet to that when bitcoin started at few cents a coin the kind of the opportunities that comes once in a lifetime ..buy bitcoin cz now is the time to become a bitcoin billionaire

It's a financial asset that can be use to send money or store wealth. It was a great asset to hold in 2013 but not a good one in 2014. In 2015 the performance could be between the one of 2013 and the one of 2014.

I agree but the value is not stable enough for me to use as in sending money to someone. To store wealth is OK assuming it is going to increase in value.

Oh wow, some sense in here! 2014 was unreal, 2015 it's only going to grow.  I really think the price has been manipulated in the past and never was a true representation of it's demand.  Should be an awesome year, lots of innoation coming, so many startups and large organizations opening the doors.  Consumer/everyday user adoption soon to follow. Happy 2015  :D

bitcoin goes mainstream :D
hold hold i believed it will be rise ,,dunno when

 It's not set up for mainstream consumer adoption yet.  Perhaps if there was a smart wallet that somehow magically switched between national currency accounts and bitcoin during volatile periods, which seems like it's un attainable.... But some sort of innovation is bound to come along that protects consumers looking to regularly purchase items with Bitcoin, just a matter of time.

Andreas and other public representitives of the technology say it best.. Still in the early days, time will tell. Everyday new innovation is introduced, it's just a matter of time before the whole picture is consumer/average joe friendly.  I think it will come, not for a year or two, but with baby steps. Every hurdle is overcome with innovation... It's not stopping here.  #hold

Yes I will keep mine till the last transaction. (Ill be dead :)

I think the demand was heavy and as the price was going down and some were selling, people were stashing up and convincing others to do so but the demand is now weaker as 3600 new BTC are still generated everyday and big holders are selling.

the fundamentals didnt change, so i dont see a reason to sell except speculating which i dont have time for

I hold for 2 reasons:
First, I could take the hit to lose the money I invested(even if it a substantial amount of my "wealth"), but I would really kick my self, if I sold now taking a loss and than it goes up after that.
Second, I don't see any problem with Bitcoin itself. All the bad news, didn't really give me any indication, that Bitcoin will die. There is nothing wrong about the technology and there is more adoption of it(Microsoft, the Winkleson-Twins, etc.)

If you ever...ever use Amazon, why would you not pay with bitcoins through purse to get 20%-30% off of your purchase?

I see people on Facebook with these "How I cut my spending by 10% with one simple trick" posts and think...only 10%?

Same reasons I held when it crashed from $30 to $3.

As I've got in early and spent only buttons and peanuts on my coins I'm still massively in the green. After a dramatic downtrend we might see a dramatic correction :). So I'm holding :).

Why not, not a good price to sell.

Come back next year and read this thread. It will be a funny one.

I hold on to my coins because if I sell, that would immediately translate to a loss. If I hang on to it, there is still hope left. So I would roll the dice and wait for the outcome. There might be recovery in store.

I hold because BTC has been a good investment so far.
I have no regrets not selling when BTC was above $1,000, and I'm confident it can go back to this level, but I would lie if I told you I wasn't worried. THis is a very sharp fall, and I fail to understand it.

Offcourse ;D

Because the price too low to sell my betece :(
Hold and buy its good choice now.

Because I don't sell low.

The only way is up, baby.  ;D. This isn't the first crash and wont be the last. Some of us can see the potential future value and that's what we're most interested in. I still see the massive potential both for bitcoin's use and it's value so I'll jeep holding and weather the storm.

well, i think keeping bitcoin in this high volatility situation is not an investment, as we dont know if the price will going down or up, think that the price can fall as fast as acne on my face, and it can rise as fast as i fart, just think about that! with all the fundamental analysis, i think there's np reason to invest in cc sector
just my imho, and forget about my english :D

Holding? No. I've sold my BTC when it was 300ish.
But to use BTC, sure. So now I don't keep a big amount in BTC, just small stash enough to buy some digital goods.

Having bought some at $650, I would definitely not sell anything now. I'm still optimistic that it will increase.

WTF? What does the scamfiat price have to do with my Bitcoins?

You are just another wanna-get-rich-quick-kid, gtfo.

I don't think there's any better reason to keep my bitcoins than the current price. Why would I sell them for so little? The value is in the network which is still strong and I think this will be realized eventually. Keep holding guys. It's not over till it's over.

2017 will be the year of the BTC.


Hodl !

Yes, exactly.
If you sell BTC at this moment, you will loose a lot.
The best strategy is buy when price is low and sell when price is high :)

bitcoin never changed, it is US dollar shortage caused dumping of everything including bitcoin: Raw material, petroleum, foreign currency, etc...

I think it's bubbles poping up and weak demand; soon Yellen will create a lot of inflation to increase prices again.

Hope bitcoin price goes up in next weeks... but something tells me that it will hit 100$ first and then in a long time it will be rises again ..... i'm not keeping nothing because i have nothing right now so good luck to people who has

I will lie if I said I was not worried at all but I am very hopeful for next months, we will likely go up to higher prices soon and adoption will go up as the price go up, the Dollar go down and banks show their weaknesses.

there is no reason to keep bitcoin which is a high risk investment.

sell now, the price will fall under 50 USD in less than a month.

Whats the point of selling now if most of you people who are saying bitcoin is dead invested at higher prices than it is at now...you will take a loss instead wait until it goes up again.

I do not use my btc just to make some money on the price-change. I keep them  to use them because of the nice idea behind them. I don't care if they worth 10$ or 1000$ I think it worth it

Many people bought BTC on margin and their debts have been called in. Its a huge cascade effect of selling. They have no choice... their BTC is being dumped at any price to cover their debt.

It will keep going down for a while. Sub 100.

you better sell at 160 USD than at 50 USD.

you recover "something". it is not much but it's better than nothing.

Bitcoin won't recover soon(not this year)

If only people weren't stubborn and overly greedy and sold their dogecoins when it was 300 satoshis, aurora coins when they were 100,  earthcoins when they were 60 satoshi, nxt when it was 11 cents, or vertcoin when it was 1.40, or darkcoin when it was 9 dollars.  

They all end up being one or two pump ponies.

'But...but...bitcoin is different...it's truly revolutionary and the first!! With increasing adoption!'


People never learn.  Every single crypto has been a bubble market.  Check the long term charts of every single crypto ever.  Once it's popped, I doubt you're ever going to see anywhere near the top again...and probably even lucky to see 1/10th of that in the end if you're lucky.   The hype/euphoria phase is over...now reality sets in.  The only ones making money now are super early adopters (who SHOULD have cashed out already, if they were wise) and margin traders/bots.  Sure, you can keep using btc for purchases, but anyone holding and losing buying power by the hour are out of their minds.

"Do u still have strong fresh reasons to hold ur bitcoin?"

Strong... fresh... reasons. An interesting choice of words. How could I still have reasons if you're asking for fresh ones?

The reasons to buy and or hold haven't changed. Now if your only involvement was/is price appreciation then that train has already left the station.

I could mention some potential catalysts, but are you really going to make financial decisions based on internet hearsay? Because you shouldn't.

"the price will recover sooner or later"

We'll all die, sooner or later.

Sir, that is a great quote.  also the price must go dead before it is accumulated for the next pump.

it will go dead for sure. :)

If it was sure it will go dead soon, the price would be 20$ not 220$.

Look at Oil it went from an all time high of 150$ to 40$ but is not dead, it could go back to 100$ in a year and Bitcoin can go to 2000$ in 2015.

I have a strong reason.

I bought my Bitcoins at much higher price than today. If I sell now, I am definitely in loss.
If I hold on to them, there is a chance that BTC price will recover and I may be able to get what I invested, or make profit. So I'm probably in loss.

See the difference?

I did not invest more than I can afford to lose, so I will be fine.

It's getting UP once again here now ;D ~210$ to da moon  ::)

No strong reasons, but I am just HODL

Bought 10% more to my HODLing!
Strange enough now, friends are starting asking me how to buy into this bitcoin thing...

what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise. 

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.   

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))

So what you're saying is this: everyone in Russia should dumb their Ruble too?
Please stop with the whining. Stop looking at Bitcoin only for its fiat value.
Yesterday:

This is the best time ever to buy Bitcoin. If you bought a ton of Bitcoin yesterday you could have made a nice profit today (28%).


Enough was said.

I would have, if fiat transaction wouldn't take 2 days ...
I hope there is a second fall, before it goes further up again.

Because I use my bitcoin as currency not an invesment :D
I'm always ready whatever it takes

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million :)

I know that you were thinking that hundreds of millions but NO, 1 mil :)

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom? :)

Where do you have this number from: 1 Million?

Well, there you go. The benefit of Bitcoin. It's like most people are blind and can't see something so obvious?

I wish that some rich supporter would instantly buy a ton, for the price to go to the sky only for today, to prove those damn ignorant FUD spreading media.

https://blockchain.info/charts/n-unique-addresses  - ONLY 180K people are dealing with it daily. This is an average number calculated for a year. YES, YES, only 150K-180K people are dealing with Bitcoin almost daily. :)

https://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter  - aprox 1 MIL REAL USERS.

Do not count the addresses, because most of the people has more than one. You have to count how many address have Bitcoin in them;
that have a meaningful quantity of bitcoins in.

Remeber Mt. Gox has account numbers as high as 270,000. Assuming they are sequential, and about 65% of the Exchange market (which they were by volume), that's 415K people who have participated on exchanges in 2014 :)

Our Satoshi, who art in blockchain,
Encrypted be thy name
Thy transactions come
Thy will be done on ASICS
As it is on Github.
Give us this day our daily mining reward,
And forgive our zero-conf double-spends
As we forgive them that double-spend against us.
And lead us not into alt-chains
But deliver us from Ripple
For thine is the mining rig,
The hashing power, and the block reward,
For ever and ever
Amen.

hindsight is always 20/20. Sure it would always be best to buy when the price hits it's low point, and would be best to sell when it hits it's high point. The problem is that it is very difficult to know when that is

I'm "keeping" or better holding my bitcoin because I believe in the project , I know there are a lot of speculators but it doesn't matter ... one day the price will be stabilized and that day we can spend bitcoin without problem  for buy  products and nobody will care about the price (or better the value in FIAT eur ,usd , cny, etc...).

Yes, why not?
I believe in bitcoin concept, want to be financially free and get rid from banks and financial institutions.
In my opinion, bitcoin is answer and way to go, not the problem.
Price of bitcoin went down?
No problem, it's perfect time now to buy more btc.
When price of BTC raise again, it will be good time to sell and make profit.
Remember, good things comes to the people who can wait.

I think the best thing about bitcoin is it forces people to learn financial responsibility to survive in the crypoworld. Once you become your own bank you are responsible for everything like security, liquidity, and insurance if you are offering services. With bitcoin usually the diligent thrive which is good when dealing with things of value.

The fundamentals have changed. The cost of the network is sky high, so miners need to dump the 3600 coins mined everyday. At this price that's $750,000/day.

Sorry folks.. that overhead will continue to eat at BTC for years to come. It needs to fall ALOT further until it stops falling.

It did stopped falling like a knife since we are at 210$ and we touched 156$ yesterday. Miners are probably selling a lot of coins but as the price goes up they will sell less coins.

Well simplest of believe will keep this bitcoin community, but if we all give up, then it will collapse in a brink of an eye.

Hold Hold Hold for a long time and you will be rich! I'm holding all my btc no matter what 8)

I just don't agree with people when they say the fundamentals have changed. You can still pay for things whether the price is high or low so how are the fundamentals changing?

It's a great opportunity to buy coins at such price. It's an amazing new years present!

While people were selling their coins below $170 I was enjoying scooping up these coins.

I hold my coins because I trust the technology behind Bitcoin.

And probably most important for me is that I own 100% of my Bitcoin value. Banks can't control that. ;D

No one can predict the economy. No one knows if the price goes up, down, or in circles. It's actually a good thing if bitcoin is declining. 1 simple answer: Keep them and wait. You will be rich.

Nice bump! Bitcoin  will go up and down that will not stop me from buying more and holding the ones I have like you said. The thing is if you have invested what you are happy with it would not matter what we go down to imo. Only risk what you can lose and hold or trade. Good luck

Now it has gone up again. All situations are temporary although holding bitcoins are very risky.

There are good reasons to keep bitcoins such as:

1)Studying how the bitcoin ecosystems works
2)Investing in bitcoins
3)You just want something to play with
4)You want to use an anonymous payment method while paying online for a product
5)You want to buy drugs

But bitcoins aren't dead, that I'm sure everyone would agree with me.

The community is alive. People are still willing to pay for bitcoin for a certain price using fiat money and certainly it holds some value. The technology is unique. It has the potential to replace the existing system and probably solves all the issue the current system is facing. Adoption is growing albelt at slower rate but that's fine. So the future is there. What else do we need?

The prices will rise!
It is evolving like the internet

yup! the only reason is price ;D :o  :o

We should cross 300$ next week and maybe 400$ by the end of the month.

yes I still believe bitcoin prices could still rise and therefore I keep at :)

although the price down and up in the $220 - $265

yes i will keep my bitcoins current price is around 260$ per bitcoin in few months it will reach 400$ per bitcoins

I like your thoughts but do you have anything to back up that statement?

This makes a lot of angry or happy people as you will see when we get the next rise it will be a mad house in here with all the excitement i find it funny if i am honest :)

I mean if you have invested a losable amount you already wrote that off the moment you invested so it does not matter what the price does and you can just enjoy being part of this.

It's not a good thing unless you want to buy more but what if it keeps on depreciating and never recovers? That would be a bad thing. I don't think bitcoin guarantees anyone to get rich but I think the potential is definitely there.


No. Speculators never do other than wishful thinking.

considering that BTC went from 160 to 270 this year alone, I think yes.

The best time to buy is after hard falls, if the fundamentals remains strong, like BTC

I have the same reasons for holding on to my bitcoins. I don't see it dropping and that being a reason to leave.