FruitsBasket
Legendary
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Activity: 1232
Merit: 1017
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March 18, 2016, 03:12:40 PM |
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You should not sell them because the bitcoin will go to high amount of the end of this year, due to the halving.
If everything goes well the bitcoin will go to a much higher amount and everyone can make profit.
the price can increase according to supply and demand theory.If the daily volume decreases and price increases , at a point BTC will self terminate itself.Why?If the money circulation is zero then BTC is dead. How about when halving , there is a hard dump even we all know bitcoin supply would decreased during halving that could lead to the bitcoin price go up high. Will bitcoin price remain go up as per halving? Or it's just remain in current rate $400 ? Noone knows so I prefer balancing between spend bitcoin and hold bitcoin. There must be of course a time to sell your coins. Otherwise you cant make profit and that will be bad. I hope that more people will have some profit later. And that Bitcoin also will be more acceptable. That will be so good for the future and also for Bitcoin. If lets say 1 person is in profit, the other person must be in loss. The profit minus the loss is zero. So if u want people to profit, other people also loose money. So winning always goes with losing, I hope u understand what I am saying. |
fck@dt-alwayzz_newbz
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stromma44
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March 18, 2016, 06:31:11 PM |
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Circulate your coins by selling it to see better and higher price in future, only holding will bring the price of bitcoin fall in future.
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Legacy2005
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March 19, 2016, 12:07:37 AM |
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Im all for holding my coins and using to buy stuff with I don't have a problem with that. but until there is mass adoption of bitcoin and I can go to my local gas station and fill up or pay my mortgage with it I will sell my bitcoin for USD because having bitcoins sitting in a wallet aint going to do me no good when the bank shows up and takes my house for having not paid them in USD.
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diegz
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March 19, 2016, 08:07:20 AM |
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Circulate your coins by selling it to see better and higher price in future, only holding will bring the price of bitcoin fall in future.
I don't think that bitcoin's price will fall if we are holding it.. We should always have a goal in why we are holding our bitcoin, and even in trading, we should have a goal on when to sell and buy it.. But if we are into long term, we should keep our coins now and wait.. |
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umaOuma
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March 19, 2016, 09:29:24 AM |
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If you are never gonna sell your coins then what's the purpose of earning it? What would you do if you hold for a longer time and price falls back to $100? Anything is possible.
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jkrules
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March 19, 2016, 09:53:18 AM |
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If you are never gonna sell your coins then what's the purpose of earning it? What would you do if you hold for a longer time and price falls back to $100? Anything is possible.
I think the rate of bitcoin is up and down, then it will not matter if we sell our bitcoin when the price is high, then we can buy it again when the price lower. If i the price high, i think i will sell my bitcoin |
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maxj57634
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March 19, 2016, 02:10:53 PM |
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If you are never gonna sell your coins then what's the purpose of earning it? What would you do if you hold for a longer time and price falls back to $100? Anything is possible. I doubt that bitcoin will fall to a 100$,as time goes by look at how many has been using bitcoin it only means that bitcoin is getting known and its price wont be the same as it was before on its early stage. |
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D3ViL
Member
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Activity: 98
Merit: 10
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March 19, 2016, 02:22:00 PM |
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why would people think that all the fiat currencies will be valueless, do you think that all the economist in the world are a bunch of jokers. i dont think that the prices will go like the one you mentioned. reaching 1000$ is a hard task at the moment. let it rise to believe it .
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fkvidar
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March 19, 2016, 06:50:06 PM |
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That is a foolish strategy to follow as only holding will not serve the purpose as if the value falls down extremely then only holding will not be profitable, we should sell when the price is higher.
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Altcoinsupporter
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March 19, 2016, 08:04:38 PM |
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why would people think that all the fiat currencies will be valueless, do you think that all the economist in the world are a bunch of jokers. i dont think that the prices will go like the one you mentioned. reaching 1000$ is a hard task at the moment. let it rise to believe it .
Yes that makes no sense. We need fiat since it provides us with emergency money in case a big crisis will happen. I will always use fiat next to any other form of payment. |
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JessicaSe
Legendary
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Activity: 840
Merit: 1000
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March 19, 2016, 09:28:50 PM |
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why would people think that all the fiat currencies will be valueless, do you think that all the economist in the world are a bunch of jokers. i dont think that the prices will go like the one you mentioned. reaching 1000$ is a hard task at the moment. let it rise to believe it .
Yes that makes no sense. We need fiat since it provides us with emergency money in case a big crisis will happen. I will always use fiat next to any other form of payment. Exactly fiat is taking care of our spending on daily basis, we need fiat for sure, and when the price of bitcoin is higher then you should sell it rather then waiting too long. |
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chaosknight
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March 19, 2016, 11:06:53 PM |
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I will sell my coins if it reaches to $800 that is the goal I have set in my mind, and if it reaches there then I won't hesitate in selling my bitcoins as I can buy it again in future when price drops.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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March 19, 2016, 11:19:12 PM |
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Circulate your coins by selling it to see better and higher price in future, only holding will bring the price of bitcoin fall in future.
People not moving their coins/holding will make sure the price goes up since there will be less coins circulating in the market. The more active coins there are that people spend, the lower the price will be. |
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YoonYeonghwa
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March 19, 2016, 11:30:16 PM |
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If there is hyperinflation of the fiat currencies, then that will mean that more and more stores will accept bitcoin, so at that time there will be actually no point in fiat currency anyway anymore, so yeah, i don't think that we should cash out if bitcoin reaches $10,000, because all the stores that used to only accept fiat currency will also accept bitcoin, sort of like credit cards except in a different currency.
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richmcrich
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March 20, 2016, 03:51:10 AM |
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You should never do it because there is a good future a head for the bitcoin in my opinion.
I think the bitcoin will rise to a high amount soon or later.
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nostal02
Member
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Activity: 112
Merit: 10
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March 20, 2016, 04:48:50 AM |
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You should never do it because there is a good future a head for the bitcoin in my opinion.
I think the bitcoin will rise to a high amount soon or later.
I think in 10-20 years the price of bitcoin may triple by that time from the price now,right now selling is not an option but if you are in need of the money then you may sell some. |
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bestluck
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March 20, 2016, 06:18:57 AM |
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As it is said the the price will increase up sooner so anyone will never sell his/her bitcoins, and will hold it till the price increase and may be something other happens in the pricing strategy of bitcoin, but we a good hope for its price so we are not selling it.
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tampazeus
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March 20, 2016, 02:47:53 PM |
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You should never do it because there is a good future a head for the bitcoin in my opinion.
I think the bitcoin will rise to a high amount soon or later.
I think in 10-20 years the price of bitcoin may triple by that time from the price now,right now selling is not an option but if you are in need of the money then you may sell some. Just holding for next 20 years without spending it is the worst thing to do with bitcoin, treat and play with bitcoin in short term, if price is higher just sell it and buy again when price falls. |
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SquallLeonhart
Legendary
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Activity: 2310
Merit: 1101
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March 20, 2016, 03:25:04 PM |
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You should never do it because there is a good future a head for the bitcoin in my opinion.
I think the bitcoin will rise to a high amount soon or later.
I think in 10-20 years the price of bitcoin may triple by that time from the price now,right now selling is not an option but if you are in need of the money then you may sell some. Just holding for next 20 years without spending it is the worst thing to do with bitcoin, treat and play with bitcoin in short term, if price is higher just sell it and buy again when price falls. Yes I sold when price was $420 and make some profit from it as I don't like to hold it for too long, if I am getting some profits then I will surely sell it. |
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bitcoinhopper
Sr. Member
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Activity: 336
Merit: 250
Bravity is beautiful.
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March 21, 2016, 11:14:06 AM |
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It will be of course good that you are going to sell your coins. Because the value will be high later.
And than we can have some profit later in the future. I hope that more people will have some Bitcoin and that they are going to sell it.
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