Bitcoin: Should you stay or should you go?

[Herbert2020]

we dont need hope need to start trading it ,let people pay with it ,it will became an option to protect capital,Greece is the first to colapse but there are others that will fall .

I hear that Greece has gone back to barter.

greece didn't have any major effect on bitcoin price because they simply didn't have access to fiat to invest in it , it was only the hype and the news that pushed the market up. i don't see any more effect they can have on bitcoin anymore

[aso118]

we dont need hope need to start trading it ,let people pay with it ,it will became an option to protect capital,Greece is the first to colapse but there are others that will fall .

I hear that Greece has gone back to barter.

greece didn't have any major effect on bitcoin price because they simply didn't have access to fiat to invest in it , it was only the hype and the news that pushed the market up. i don't see any more effect they can have on bitcoin anymore

Greece could have bought the whole of Europe to its knees. The fear of things proceeding remotely in that direction drove Bitcoin's price up. Greece has kicked its debt repayments can down the road, but the whole saga could restart again.

[zenitzz]

I choose to holder bitcoin and i bought bitcoin is when its price is so low and then i sell it again when its price goes up and i earn profit

[Dotakels]

I would stay iam ready for being a part of the future of cryptocurency, When BTC become mainstream, we will finally be rewarded for our patience and faith.

Yes it would be a better decision to stay, as we know that bitcoin can be helpful and valuable in future, So it is better to stay and hope that bitcoin will reach a next level in the coming future.

great idea if satoshi nakamoto is still alive, he could give us some bonus or reward because of our delicacy,patience and faith that bitcoin will be mainstream and also as a future currency.

Yeah, but imagine the condition of early investors who invested when the prices were at the peak, they would be surely dishearted looking at the present value, so basically the point is early investors would never leave bitcoins until they don't earn a good amount of profit or even they reach to a break even point.

Yeah they now thinking is to earn what they lost in these past years and also to earn a big profit. They will come back to earn until they reach the point when they earn the money that lost in past years.

[ummina]

when i see the conditions now, i wanna stay. like you say it. its can That could happen at any time too.
for now we can use it and there is no problem, but anything can be happen.

[roadbits]

I think the long term success of bitcoin might just well depend on how mainstream it finally ends up getting. The better the users and use of the currency the better chances of it's success and acceptance

[dollarneed]

when i see the conditions now, i wanna stay. like you say it. its can That could happen at any time too.
for now we can use it and there is no problem, but anything can be happen.

yup alright,we have to stay
but dont worry there are smart people that working for make bitcoin better time to time
all we have to do just using it and promote it to everyone and everywhere around the world
cheeers

[Marbit]

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 understand the point your making, and it makes complete sense to me. I see potential in a couple ventures coming up to disrupt the current crypto-world with security as their prime focus.
I hope we see the killer app as soon as possible, it's much needed, p2p lending sites are becoming a nuisance, scam ridden market, defaulters etc has really made use of bitcoins a little difficult and unsafe.

[investspot]

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 would always stay.

[BruceSwanson]

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 understand the point your making, and it makes complete sense to me. I see potential in a couple ventures coming up to disrupt the current crypto-world with security as their prime focus.
I hope we see the killer app as soon as possible, it's much needed, p2p lending sites are becoming a nuisance, scam ridden market, defaulters etc has really made use of bitcoins a little difficult and unsafe.

I agree -- but I'd be especially careful about crypto-world ventures offering security as their prime focus. I got my fingertips singed by Coinport's scam exit. "Everybody's somebody's fool," the song went. Frankly, I wouldn't even fully trust Coinbase.

But that said, I think the crypto-world's Acquired Integrity Deficiency Syndrome will be solved in relatively short order when the BofA's of this world get into bitcoin -- or rather bitcoin's blockchain. But by then the big speculative opportunities in bitcoin prices will be gone. its fractional ups and downs will be breathlessly reported on the Nightly Business Report.







 

[Dotakels]

when i see the conditions now, i wanna stay. like you say it. its can That could happen at any time too.
for now we can use it and there is no problem, but anything can be happen.

yup alright,we have to stay
but dont worry there are smart people that working for make bitcoin better time to time
all we have to do just using it and promote it to everyone and everywhere around the world
cheeers

Cheers just continue  on using bitcoin, promote it as you can, and don't lose hope that bitcoin price not goes up again. We need only a many users to used bitcoin to increase the price of bitcoin.

[bitcollins85]

I Stay I'm a Bitcoin believer. I, as well as most other people here, believe that bitcoins are a better currency overall.

[OrientA]

I Stay I'm a Bitcoin believer. I, as well as most other people here, believe that bitcoins are a better currency overall.

I am also a believer.

[Dotakels]

I Stay I'm a Bitcoin believer. I, as well as most other people here, believe that bitcoins are a better currency overall.

Not just believing , also faith in needed. Because if you are only believing, and you find or know that is theres other ways to earn money than bitcoin you will leave bitcoin community.

[bitcollins85]

No need to be smart to figure out that Bitcoin infrastructure is going to grow exponentially. There are so many services that are being built right now that will give more value Bitcoin and more confidence to it's users.

For Sure there would be many alternatives available for the people in the coming future which can prove to be more profitable and trustworthy as compared to bitcoins and must have price stability too. So it is confusing whether to stay or go/

Bitcoin is here to stay and Bitcoin is getting stronger by the day, the most obvious indication being its continued acceptance as a payment method by large companies

[zeraTunerse]

No need to be smart to figure out that Bitcoin infrastructure is going to grow exponentially. There are so many services that are being built right now that will give more value Bitcoin and more confidence to it's users.

For Sure there would be many alternatives available for the people in the coming future which can prove to be more profitable and trustworthy as compared to bitcoins and must have price stability too. So it is confusing whether to stay or go/

Bitcoin is here to stay and Bitcoin is getting stronger by the day, the most obvious indication being its continued acceptance as a payment method by large companies

Bitcoin is here to stay and so we do, as the acceptance is getting higher and higher, we should not quit at a moment or else it would be an bad financial decision to make, as prices will be more higher and more stable in the future once the adoption level goes high.

[OrientA]

No need to be smart to figure out that Bitcoin infrastructure is going to grow exponentially. There are so many services that are being built right now that will give more value Bitcoin and more confidence to it's users.

For Sure there would be many alternatives available for the people in the coming future which can prove to be more profitable and trustworthy as compared to bitcoins and must have price stability too. So it is confusing whether to stay or go/

Bitcoin is here to stay and Bitcoin is getting stronger by the day, the most obvious indication being its continued acceptance as a payment method by large companies

Bitcoin is here to stay and so we do, as the acceptance is getting higher and higher, we should not quit at a moment or else it would be an bad financial decision to make, as prices will be more higher and more stable in the future once the adoption level goes high.

There are more adoptions by the day. BTC has bright future.

[jones techbit]

No need to be smart to figure out that Bitcoin infrastructure is going to grow exponentially. There are so many services that are being built right now that will give more value Bitcoin and more confidence to it's users.

For Sure there would be many alternatives available for the people in the coming future which can prove to be more profitable and trustworthy as compared to bitcoins and must have price stability too. So it is confusing whether to stay or go/

Bitcoin is here to stay and Bitcoin is getting stronger by the day, the most obvious indication being its continued acceptance as a payment method by large companies

Bitcoin is here to stay and so we do, as the acceptance is getting higher and higher, we should not quit at a moment or else it would be an bad financial decision to make, as prices will be more higher and more stable in the future once the adoption level goes high.

There are more adoptions by the day. BTC has bright future.

Yeah This is only the beginning in my opinion. nothing wrong with taking a profit. I want to take short term profits but I also believe that it has a lot more room to grow

[ajun96]

when i see the conditions now, i wanna stay. like you say it. its can That could happen at any time too.
for now we can use it and there is no problem, but anything can be happen.

What do you mean about the conditions ?
what when bitcoin prices fell to $ 10 per coin, will you go?

[Dotakels]

when i see the conditions now, i wanna stay. like you say it. its can That could happen at any time too.
for now we can use it and there is no problem, but anything can be happen.

What do you mean about the conditions ?
what when bitcoin prices fell to $ 10 per coin, will you go?

hahaha yeah i think they leave and go, and come back when the price of bitcoin goes up again, that is what people though when the price of bitcoin is goes up.