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Author Topic: Bitcoin: Should you stay or should you go?  (Read 33433 times)
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November 04, 2015, 12:21:16 PM
 #521

Bitcoin's price has been rising like hot cakes. Now it is getting near the $500 mark. I'm definitely not leaving Bitcoin as these are good times indeed. I was thinking of selling some of my BTC for fiat, but then I thought I could just wait and earn more profits while price is going to the moon.  Cheesy

 

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November 04, 2015, 12:32:19 PM
 #522

Bitcoin's price has been rising like hot cakes. Now it is getting near the $500 mark. I'm definitely not leaving Bitcoin as these are good times indeed. I was thinking of selling some of my BTC for fiat, but then I thought I could just wait and earn more profits while price is going to the moon.  Cheesy

You now see that holding Bitcoin is paying off. I will also not leave. I will stay and support Bitcoin till it succeeds or fail. It's that simple. People who sell or haven't bought on time are most likely angry and hoping the price to come down so they can buy.

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November 04, 2015, 12:42:10 PM
 #523

Still supporting bitcoin too. We are nearly $500 mark seems I smell the $1000 bitcoin price again. If it reach that price I won't wait till december to sell my bitcoin.
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November 04, 2015, 12:48:37 PM
 #524

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay

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November 04, 2015, 12:52:42 PM
 #525

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay

Exactly. There are still some countries out there where you cannot buy Bitcoins with fiat. Take a look at Coinbase. The ability to buy Bitcoins with fiat, it is limited to certain countries. Also, Bitcoin debit cards are not available to any country. Sometimes I wish I could have a BTC debit card. It would make my life much easier.  Sad

 

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November 05, 2015, 11:13:39 AM
 #526

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay

It would be a good idea to ask our employers to pay us in bitcoin, even a small portion of our salary. If our employer accepts bitcoin and it does not convert to fiat instantly, instead pay us.
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November 05, 2015, 11:21:07 AM
 #527

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay
But i think for more adoption of bitcoin, its price has to be stable and well valued. I have seen one youtube video review about bitcoin atm. The guy over there is saying bitcoin is piece of shit because he haven't pay fee for transaction and it take more than 20 hour for that transaction to get confirmed. This type of misunderstanding can create greater problem along with the price fluctuation for bitcoin adaption in future.


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November 05, 2015, 02:07:46 PM
 #528

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay

It would be a good idea to ask our employers to pay us in bitcoin, even a small portion of our salary. If our employer accepts bitcoin and it does not convert to fiat instantly, instead pay us.

I think it will go in other way.. First there will be formed companies that will pay only in BTC, and later a "normal" companies will notice that it could be a good solution and accept this form of payment.
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January 30, 2016, 04:15:55 PM
 #529

I think the most important thing is to simplify the process of converting from fiat to bitcoin for mass adoption. Once it becomes very easy for a common clueless user to obtain bitcoin, then it's definitely going to stay
But i think for more adoption of bitcoin, its price has to be stable and well valued. I have seen one youtube video review about bitcoin atm. The guy over there is saying bitcoin is piece of shit because he haven't pay fee for transaction and it take more than 20 hour for that transaction to get confirmed. This type of misunderstanding can create greater problem along with the price fluctuation for bitcoin adaption in future.

I agree that two of most important things is easy to use wallets and exchanges. But seeems that we are heading to right direction, more and more easy and userfriendly services are going out. No one besides die-had fans will use Bitcoin Core + smth like MtGox, but thanks God now there are normal and safe alternatives

BUY BITCOINS INSTANTLY ONLINE!!! All kind of cards, cash payments, online bank transfers in many currencies and banks. safe & instant exchange
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January 30, 2016, 06:41:42 PM
 #530

I see that many people and shouting that Bitcoin is dead....negative posts are flooding the forums. But ask those negative thinkers that whether they have stopped accumulating bitcoin or not??

I guess no! Those who are spreading the negative news, they are still accumulating bitcoin. I really hate such hypocrisy.

Guys, stay with bitcoin and you will be rewarded nicely in long term. Time will tell.

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February 01, 2016, 01:01:34 AM
 #531

I see that many people and shouting that Bitcoin is dead....negative posts are flooding the forums. But ask those negative thinkers that whether they have stopped accumulating bitcoin or not??

I guess no! Those who are spreading the negative news, they are still accumulating bitcoin. I really hate such hypocrisy.

Guys, stay with bitcoin and you will be rewarded nicely in long term. Time will tell.

I agree with you mate. I think they are spreading FUD about Bitcoin to make the price go lower so they could get BTC at cheap prices then sell when it gets pumped back up again. I will still be a holder and will sell some as soon as price resurrects, which I think that it would take place after the halving.  Grin

 

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February 01, 2016, 02:38:25 AM
 #532

Am staying in BTC if it goes down to 2009 prices hell ill buy up what I can and wait it out for the future return. Am going to be in it for the long foreseeable future. More business staking on the technology and tech of block chain the bettter things will get in the future. But still needs plenty doing to it for bitcoin to be accepted world wide and mainstream adopted.

=
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February 01, 2016, 04:40:20 AM
 #533

personally i will stay..why must i leave while i can got a lot of benefit in btc..i can easily do transaction, buy and sell things and try to earn some in btc..alot of people say btc will die..im not sure.they say die and buy more btc and try to sell it when everyone one day will be come back
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February 01, 2016, 06:10:23 AM
 #534

Its upon the way each use bitcoin as well based on their belief with bitcoin. Bitcoin has grown to such extent only in a short term of 7years. Even within this itself it has faced various ups and downs. This has lot more years to make history. I suggest to stay as long you can so that one day you'll be benefited.

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February 01, 2016, 08:04:53 AM
 #535

Without a defining killer app, I am confident that Bitcoin will, in fits and starts, inevitably return to its 2009 levels. It would be pointless to guess how long that process will take; or when that killer app will appear although I am also confident it will appear at some entirely unpredictable point.

I'm easily old enough to remember the very early days of personal computers. I remember a story from The Wall Street Journal in which a reporter interviewed a small-business owner (I think an auto-repair shop) who had bought an Apple II. The reporter asked the man what he thought of his purchase. The man stared glumly at the Apple for a moment and then sourly commented: "The damn thing just sits there."

Exactly. The world was just never going to buy into a command-prompt environment in a really big way. But the Mac came along and then the world began to change. (Be like the Mac! Bill Gates commanded his troops developing Windows 95.) And so it will be with Bitcoin. The world will never buy into it until an environment comes along that makes it easier, safer, and a lot more fun to use. Until then, the price will suffer periodic whale-dumps and then sort of bounce, spurt, and finally just roll along long enough for people to start talking (again) about "Bitcoin's recent price stability." And then yet another whale-dump will splash the water and the retroactively obvious cycle will begin again.

If you decide to go, then you will miss out on the killer app that will send Bitcoin to the moon and beyond. If you decide to stay, then you will watch the value of your stash just ebb away before your eyes. That choice defines your control.

As for me, for now I'm going to stay. But I've got Coinbase and can go in a second. That could happen at any time too.

[Comment added June 23, 2015:

My conclusion: stay. The blockchain itself will be the killer app upon which all other apps and bitcoins' fiat value will depend.]



i am aslo will stay,just pass wht happen on today and next,for me bitcoin price never make me confuse,as long i still have and still use that. just use bitcoin as payment and earning.

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February 01, 2016, 08:41:56 AM
 #536

I think I'll stay. Because I also think that it is becoming more popular and more people and start using it. It now has namely a low price.
I even think that the Bitcoin also going to go up later so I stay.
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February 01, 2016, 09:43:30 AM
 #537

I think the bitcoin will rise to a high amount so you should stay if you want to make profit in the future. Its always a risk you take by investing of course but I think its worth the gamble to make a lot of profit on the bitcoin.
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February 01, 2016, 09:57:06 AM
 #538

You only should stay for a little bit.
The bitcoin has a good future ahead so why should you leave now.
I think it would be stupid to say bitcoin will fall apart.
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February 01, 2016, 10:05:24 AM
 #539

You only should stay for a little bit.
The bitcoin has a good future ahead so why should you leave now.
I think it would be stupid to say bitcoin will fall apart.

I agree. If there are things in this world which will stay alive in the future, Bitcoin is definitely one of them. It's not so stable as we want it to be but on the other hand we all know that everything which is revolutionary is not stable in the beginning.

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February 01, 2016, 10:17:49 AM
 #540

I think the bitcoin will rise to a high amount so you should stay if you want to make profit in the future. Its always a risk you take by investing of course but I think its worth the gamble to make a lot of profit on the bitcoin.

What kind of investment you are talking here that "worth" to gamble?

Can you elaborate it and let's discuss it so that other won't mislead.

If I will answer that statement, I will go on trading method. It's a risky method that worth to try than investing in a so called shit companies that offers high returns in short time.

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