OP has the right mindset. Long term holders that take advantage of the rest of the idiots that still don't see the obvious potential in Bitcoin will keep loading their pockets with cheap BTC. In 10 years they will be bitcoin moguls with only 2 figure wallets.
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The countdown is January 17th, I think that da there will be a press conference where Kim Dotcom will have to explain his so called ""block size wars" solution."
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How does it relates to bitcoin? I don't see the link yet.
Bitcoin, just like gold, is one of the few assets you can own yourself, it does not depend on someone else holding it for you. In times of doubt, those assets are the best, this is why old money tends to go to gold, and new money goes to bitcoin.
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Im investing small ammounts of bitcoin into some altcoins that i believe are under the real value, soo i will hold them till end the year atleast and then i will think what i will do if sell or wait a bit more, usually the savings returns good profits and almost without risk.
Holding it till the end of the year is a good thing to do as everyone is expecting higher price in the end of the year so if we sell at that point that it can be really profitable. What is your assurance then that holding it till the end of the year will give you good returns? Yes there are really lots of expectation but expectation alone will not make the bitcoin price increase. That's not how bitcoin price works for a higher price. What if there are really big fluctuations of price increase months before the end of the year? Will you just watched it? Its his money if he believes in holding it for long term then you cannot force him for anything, he can take decision according to his choice, if he wants to hold he will hold or else sell, no big deal. The people that believe in holding long term understand the necessity of Bitcoin in the future and see the current scenario as a big opportunity to get rich as hell.
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Bitcoin is looking good and there are no other cryptos worth moving your BTC to. Mining will get better soon with western business coming in the game (like McAfee)
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Don't you guys think "Bitcoin" is the hottest topic on the web?
No. It is far from it. Questions like these are generally ridiculous, and what you're going to receive is random responses in the lines of: "It isn't for me..." "It is for me.."
Responses that are generally useless. You can actually follow Bitcoin on Google Trends to see where it ranks up, but it is surely far from the "hottest topic". Usually people either have not heard about it, or have heard about it but don't understand it (or wrongly understand it), or are too ignorant enough to care. Well it depends on how are you valuing "hottest". Maybe hottest means "high paid clicks". Remember that to make money on the internet, you don't necessarily need millions of views, sometimes certain niches pay really high and require less traffic. I have no idea what the rates for Bitcoin related keywords are tho.
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OP had luck that the bitfinex catastrophe happened. Without stupid ass bitfinex we would be higher if not at least stable at around 650 dollars. Sometimes the FUDsters get it right due simple bad luck, don't believe otherwise.
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Just taking a little dip there, nothing to worry about. Just another opportunity to buy. Remember that it does not matter what price you buy at if you are holding 10+ years to be rich as fuck.
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I also sold all my ETH for ETC, best time to get into ETC now, ETC stays true to spirit of blockchain whereas ETH does not.
That is indeed the case, but it's yet to be seen if the cult personality around vitalik and the army of bagholders of ETH will go down. Im sure ETC will pump hard but we will see what happens long term.
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I would have sold all of my ETH for ETC the same moment Vitalik panicked and told exchanges to stop all trades. From that moment Ethereum and their foundation died.
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There's some project that had an ICO going that got a bit of buzz called nimrum or nimrum or something like that. I can't find it right now. Not sure how legit that is tho.
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It's not controlling it since China requires global agreements with merchants and nodes and developers. It means nothing that china is big in mining, bitcoin is still decentralized.
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It's easy to say how fast Litecoin is when nobody uses it. All those altcoins acting as if they can do better than Bitcoin when they have no use at all and dont have to deal with the problems of having big volume.
Bitcoin is gold and Bitcoin is king, no coin is going to replace it.
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The biggest problem with ETH is that now once the precedent of a bailout hard fork is set is very, very hard to trust this project. What will happen once another smart contract disaster happens again? Cmon!
Yes it's very hard to trust a project and community that seeks to do the morally correct thing. Better to put all your blind faith in 1 anonymous criminal who only has nefarious thoughts and actions at heart. "Community"? Only a tiny amount voted. Most people have a life and cant be looking at whats going up all day, that's why Bitcoin is better, it would take months until a hard fork is activated, here it was rushed and with glitches like replay attack. What morality? Do you think it was morally correct to put millions in a super experimental smart contract thing? That is the definition of greed and immaturity. And don't get me started with Vitalik trying to stop the exchanges... here they had a set deadline to fork. And considering the tight timescale it was a success and proves how strong ETH is when the community works together. As for voting. If you don't vote then you are happy with the consensus of others or aren't not that bothered so voter turnout is irrelevant. Dude are you serious? How can you call this a success? There are 2 coins now, and they did not expect 2 coins. There is a replay attack bug that cannot be fixed unless a new fork happens. You can't call this a success.
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Bitcoin will not disapear during our lifetimes. By the time we die Bitcoin will be several millions a coin. It's simply too big to fail and it has 0 competition.
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Kim Dotcom has done a lot of things in the past, but if he has done something like no other, is hyping and pumping things. He, coupled with Max Keiser, can pump it to 2k. Let's just hope Bitcache delivers.
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Yeah I already saw it, it's prety decent and professional, but I would not recommend blockchain.info to store any relevant amount of bitcoins.
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Paper wallet with BIP38 encryption generated under a write-only OS like a Linux DVD with your internet disconnected, doesn't get any more secure.
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The biggest problem with ETH is that now once the precedent of a bailout hard fork is set is very, very hard to trust this project. What will happen once another smart contract disaster happens again? Cmon!
Yes it's very hard to trust a project and community that seeks to do the morally correct thing. Better to put all your blind faith in 1 anonymous criminal who only has nefarious thoughts and actions at heart. "Community"? Only a tiny amount voted. Most people have a life and cant be looking at whats going up all day, that's why Bitcoin is better, it would take months until a hard fork is activated, here it was rushed and with glitches like replay attack. What morality? Do you think it was morally correct to put millions in a super experimental smart contract thing? That is the definition of greed and immaturity. And don't get me started with Vitalik trying to stop the exchanges...
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Bitcoin is recovering at a record breaking pace. All the FUDsters that where here saying how Bitcoin would need months to recover from the bitfinex disaster have vanished. We will be up soon back to 650 and getting ready for 2000+ for 2017. Get in.
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