Why You Should Never Sell Your Bitcoins Ever

[bearex]

Your points are valid, but there is another problem. What if bitcoin becomes replaced? I mean, when people know Bitcoin, they will also know how to handle any other (possibly better) altcoin, and switch to it.

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[steveds]

What if bitcoin becomes replaced? I mean, when people know Bitcoin, they will also know how to handle any other (possibly better) altcoin, and switch to it.

Bitcoin is already replaced by a number of altcoins (not talking about the POS pump and dump) present in today's market.It depends on the features it offers and if the people working for it are going to back it up and are devoted to the project or not.If people switched from fiat to btc then it's obvious to pick up something better again.

If you never sell your bitcoin ever you can't make a profit.

maybe people are not holding it to make profits ? but because of some reason or purpose and dont think they should convert it to fiat's.

[CryingMidget]

Your points are valid, but there is another problem. What if bitcoin becomes replaced? I mean, when people know Bitcoin, they will also know how to handle any other (possibly better) altcoin, and switch to it.

But my point is, If we are not sell the bitcoin for anything means What profit we can make with that. We are using bitcoin to make profit in better way.
Hold a bitcoin till halving but after that sell it.

[chaser15]

"Why You Should Never Sell Your Bitcoins Ever"

This the dumbest thing you will do. Even at $10,000 per BTC1 still you will not gonna think of solding it?

Come one. Rotate the coins. Hoarding can't help.

[Barnabe]

"Why You Should Never Sell Your Bitcoins Ever"

This the dumbest thing you will do. Even at $10,000 per BTC1 still you will not gonna think of solding it?

Come one. Rotate the coins. Hoarding can't help.

If people think it's worth more, they won't sell them.

Even if selling them when they are trending and buy them back when the bubble burst could get them a big bonus.

[expert4knowledge]

"Why You Should Never Sell Your Bitcoins Ever"

This the dumbest thing you will do. Even at $10,000 per BTC1 still you will not gonna think of solding it?

Come one. Rotate the coins. Hoarding can't help.

LOL. Never is very strict statement. I agree with you but everyone must define a threshold of buying and selling for themselves.

[Denker]

Why should I sell bitcoins when I see the possibility to pay everything I would like to have with bitcoin in the next 10 years?!
And with a bit of luck the coins will have a nice purchasing power!

[aardvark15]

I think it's smart to hold some for the long term.  But it's also a good idea to spend some to promote Bitcoin.  In fact spending it could make the value of Bitcoin increase if it makes it more widely used and accepted.

[Pitchblackroom]

If there is no selling at all? There is no demand in the market and it just a bunch of people using it as a store of value that has no other real purpose.

[Amph]

If there is no selling at all? There is no demand in the market and it just a bunch of people using it as a store of value that has no other real purpose.

no it is just a bunch of people using it for how it was supposed to be used, like a currency, the manipulation that is ongoing on the exchange has nothing to do with what bitcoin is

[craked5]

I think it's smart to hold some for the long term.  But it's also a good idea to spend some to promote Bitcoin.  In fact spending it could make the value of Bitcoin increase if it makes it more widely used and accepted.

Well if you go this way: If nobody spends bitcoin the price will NEVER rise

[srinikethan]

i dont think you should be saying that,because if you dont sell your btc it cannot be converted into you currency..!!..if you ask me i would say you have to sell your btc!!

[blackmachinegun]

i dont think you should be saying that,because if you dont sell your btc it cannot be converted into you currency..!!..if you ask me i would say you have to sell your btc!!

I think you can saying that if you have any reason for it. for me if the price is not a good situation, in the sense bitcoin prices are falling, of course I will not sell my bitcoin, it would only make lost
I'd rather borrow money to my friend, if it's really urgent

[CryingMidget]

i dont think you should be saying that,because if you dont sell your btc it cannot be converted into you currency..!!..if you ask me i would say you have to sell your btc!!

But in future sure bitcoin will reach to all people that you no need bitcoin as fiat. It will anywhere. Many of the people already have bitcoin debit card, that would help you to stay from exchanging.

[Blind Legs Parker]

I think it's smart to hold some for the long term.  But it's also a good idea to spend some to promote Bitcoin.  In fact spending it could make the value of Bitcoin increase if it makes it more widely used and accepted.

Well if you go this way: If nobody spends bitcoin the price will NEVER rise

Of course it will.
Bitcoin is two things:
(1) A currency, that you can use for spending, buying stuff.
(2) A store of value, much like gold.

What you're doing here is reducing bitcoin to only its first use, forgetting that people who hold also take part in the price increase.
Imagine that everyone in the world wants bitcoin like crazy. Those who hold hold like crazy. They refuse to let go of their bitcoins unless they're paid a fortune. And at the other end those who don't have bitcoins yet are ready to pay fortunes to join in. In that example the price will skyrocket. And that's what's happening to bitcoin now, on a lower scale: every time the price increases it means that people don't want to let go, while others want to join in.

That's the way gold works. That's the way gold gains value: with more and more people wanting to join the party and less and less people keen to leave it.

[BTCdoctor]

I believe you mean: permanently sell them. I suggest investing them in the meanwhile though.

[martinacar]

There will be a time that you must sell your coins. If the value has a good price why not ? Maybe in the future.
You never know what can happen in the future. So you must sell it if the value is very high.

[mrflibblehat]

Never sell your bitcoins. Never. Because that's why you have money. To never use it. Smart idea.

[Alvin Fahriza]

if you believe bitcoin prices will be higher than today. you have to say it, and be patient for it

[TQMA]

Just a reminder -> factual Speculation: Owning 1 whole BTC will be completely unheard of by 2020..

1,000,000 people = 21 BTC -> (every 1 person is 21 BTC)

1 person = 21,000,000 BTC
10 people = 2,100,000 BTC
100 people = 210,000 BTC
1,000 people = 21,000 BTC
10,000 people = 2,100 BTC
100,000 people = 210 BTC
1,000,000 people = 21 BTC
10,000,000 people = 2.1 BTC
100,000,000 people = 0.21 BTC
1,000,000,000 people = 0.021 BTC
10,000,000,000 people = 0.0021 BTC

I'm almost convinced that powerless people (new Bitcoiners) can't buy bitcoins in future, very difficult to getting 1 full Bitcoin!
Edit: no worries about 2MB situation etc... Group devs and co has survived it all..