deppil
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December 17, 2016, 04:07:05 AM |
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I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.
we all know that bitcoin will become increasingly popular in the future and the future is very likely that the price of bitcoin also be sped up. but everyone is not able to hold them for too long bitcoin. because there needs to be paid,
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Boss CJ
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December 17, 2016, 04:29:23 AM |
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I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.
we all know that bitcoin will become increasingly popular in the future and the future is very likely that the price of bitcoin also be sped up. but everyone is not able to hold them for too long bitcoin. because there needs to be paid, Yes all are correct. But, for me I would sell half of my bitcoin earnings. As a person I also need money for our daily expenses and monthly dues, but if I have much money I would not sell it 'cause I am seeing bitcoin would be a big break in our life.
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hase0278
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December 17, 2016, 05:01:17 AM |
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You should sell your bitcoin if you want I think since the selling is also important in a free market. Bitcoin runs a free market and what if everyone holds all of their coins? would there be one who will sell all of those who want to buy some bitcoins? If all will hold bitcoin will not be distributed. Because of it, holding bitcoin is against bitcoin since no one will supply those who wants to buy some.
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PokerFace3
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December 17, 2016, 06:25:50 PM |
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well, never sell bitcoin that you get will make a big loss. you're looking for bitcoin but not to sell it, the same work but not paid. Well, once in a while, you also have to sell bitcoin that you have, especially when the price of bitcoin becomes high. Well, I think it would be very beneficial.
I do not in favour of little investment for long term, If you are interested in long term investment then you should invest a good money so that after 5 years you can get a good profit, but if you are interested in short term investment then you can invest any amount of your money as you have to invest it for a short time.
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ged00u
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December 18, 2016, 01:57:37 AM |
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well, never sell bitcoin that you get will make a big loss. you're looking for bitcoin but not to sell it, the same work but not paid. Well, once in a while, you also have to sell bitcoin that you have, especially when the price of bitcoin becomes high. Well, I think it would be very beneficial.
I do not in favour of little investment for long term, If you are interested in long term investment then you should invest a good money so that after 5 years you can get a good profit, but if you are interested in short term investment then you can invest any amount of your money as you have to invest it for a short time. I have the same opinion as you. When you decide to join a long term investment, you should spend a much bigger amount of money in order to have the better profit. Buying bitcoin with $1000000 dollar is better than $1000 dollar. Besides, long term investment is likely safer than short term because it is easier to withdraw your money and you can avoid losing lot of capital
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coynedterm
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December 18, 2016, 02:57:18 AM |
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well, never sell bitcoin that you get will make a big loss. you're looking for bitcoin but not to sell it, the same work but not paid. Well, once in a while, you also have to sell bitcoin that you have, especially when the price of bitcoin becomes high. Well, I think it would be very beneficial.
I do not in favour of little investment for long term, If you are interested in long term investment then you should invest a good money so that after 5 years you can get a good profit, but if you are interested in short term investment then you can invest any amount of your money as you have to invest it for a short time. I have the same opinion as you. When you decide to join a long term investment, you should spend a much bigger amount of money in order to have the better profit. Buying bitcoin with $1000000 dollar is better than $1000 dollar. Besides, long term investment is likely safer than short term because it is easier to withdraw your money and you can avoid losing lot of capital Yeah , I think it is better to keep your Bitcoin in wallet instead of using when it is in very small amount because transaction charge will influence it mutch . We should never sell our Bitcoin if the market of Bitcoin is going to continuously crash because Bitcoin is a big currency which can't remain down for long ago , So instead of selling we should take patience .
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huahuaea
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December 18, 2016, 03:21:43 AM |
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Bitcoin has a lot of defects. You can't hold the bitcoin real. You may have been thinking, like Buffett, think bitcoin is not true. Because you can't see bitcoin or can't hold him so that it has no value. But let us not forget that man's most precious things are not to be touched. Love, right, sincerity is so.It's a new fortune I've found in my lifetime, and now I'm not going to sell it.
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bitbob82
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December 18, 2016, 05:22:09 PM |
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You should sell your bitcoin if you want I think since the selling is also important in a free market. Bitcoin runs a free market and what if everyone holds all of their coins? would there be one who will sell all of those who want to buy some bitcoins? If all will hold bitcoin will not be distributed. Because of it, holding bitcoin is against bitcoin since no one will supply those who wants to buy some.
yes it is good to spend bitcoin, as the bitcoin should revolve in the market but i think it is not against the law to hold bitcoin, i think everyone i free to do what he want with its bitcoin, there is no restriction on to hold bitcoin.
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Tadblt
Member
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Activity: 75
Merit: 10
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December 20, 2016, 08:26:08 AM |
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You should sell your bitcoin if you want I think since the selling is also important in a free market. Bitcoin runs a free market and what if everyone holds all of their coins? would there be one who will sell all of those who want to buy some bitcoins? If all will hold bitcoin will not be distributed. Because of it, holding bitcoin is against bitcoin since no one will supply those who wants to buy some.
yes it is good to spend bitcoin, as the bitcoin should revolve in the market but i think it is not against the law to hold bitcoin, i think everyone i free to do what he want with its bitcoin, there is no restriction on to hold bitcoin. In some countries, it is not legal to trade bitcoin.
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shamzblueworld
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December 21, 2016, 05:25:44 AM |
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To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
This would be the course of actions if it comes to that point. But sometimes it would be necessary to do the conversion as I don't think even at that point of time in the future, bitcoin will be accepted everywhere. Many people would still prefer fiat money over it.
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freedomgo
Legendary
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Activity: 3150
Merit: 1148
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December 21, 2016, 08:57:58 AM |
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To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
This would be the course of actions if it comes to that point. But sometimes it would be necessary to do the conversion as I don't think even at that point of time in the future, bitcoin will be accepted everywhere. Many people would still prefer fiat money over it. The fact that majority of the people does not know about bitcoin yet, it would only tell that it will never be the future and will replace fiat. WE will still be using fiat, but bitcoin is a good investment for online transaction as in the future it would be the trend.
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lienfaye
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December 21, 2016, 12:27:11 PM |
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To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
This would be the course of actions if it comes to that point. But sometimes it would be necessary to do the conversion as I don't think even at that point of time in the future, bitcoin will be accepted everywhere. Many people would still prefer fiat money over it. The fact that majority of the people does not know about bitcoin yet, it would only tell that it will never be the future and will replace fiat. WE will still be using fiat, but bitcoin is a good investment for online transaction as in the future it would be the trend. Yes bitcoin is good investment and i believe that in the future btc users will grow and many people will know about it. but for me, you dont have to hold it for a long time as long as you see that the price is good to sell then ill just do it. and invest if the price decrease again.
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Wandering Soul~
Sr. Member
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Activity: 406
Merit: 250
Wolf
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December 21, 2016, 02:00:06 PM |
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To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
This would be the course of actions if it comes to that point. But sometimes it would be necessary to do the conversion as I don't think even at that point of time in the future, bitcoin will be accepted everywhere. Many people would still prefer fiat money over it. The fact that majority of the people does not know about bitcoin yet, it would only tell that it will never be the future and will replace fiat. WE will still be using fiat, but bitcoin is a good investment for online transaction as in the future it would be the trend. Yes bitcoin is good investment and i believe that in the future btc users will grow and many people will know about it. but for me, you dont have to hold it for a long time as long as you see that the price is good to sell then ill just do it. and invest if the price decrease again. The reason why some people are just holding their bitcoin without spending any of it is to avoid the risks of losing it . Example if you use some portion of your bitcoin for trading it has a potential to increase but doesn't guarantee that it will 100% . Tho I agree with you that we should not just hold them but sell them if the price increases and buy again when it decreases . Doing this can help the circulation of bitcoin .
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Rinder
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December 21, 2016, 02:01:32 PM |
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The fact of bitcoin not being legal doesnt mean that it cant be purchased online, or with local trader, since this thread was created last year, all were able to see the huge potencial under bitcoin, price last year 200-300 dollars, nowadays 800 dollars, at 2020 we will reach the four digits once again, 1000 dollars and above, this should be used as savings, instead you wait 20 years to get some significant result you can get those reduced to 4 years.
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cryp24x
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December 21, 2016, 02:24:22 PM |
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The fact of bitcoin not being legal doesnt mean that it cant be purchased online, or with local trader, since this thread was created last year, all were able to see the huge potencial under bitcoin, price last year 200-300 dollars, nowadays 800 dollars, at 2020 we will reach the four digits once again, 1000 dollars and above, this should be used as savings, instead you wait 20 years to get some significant result you can get those reduced to 4 years.
Still the title is wrong, the title clearly stated not to sell bitcoin. I wonder how can we get back our investment if we never sell our bitcoin. it is a total nonsense. Even stating the future price which you cannot enjoy because the title said, never sell your bitcoin ever.
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molsewid
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December 21, 2016, 04:02:03 PM |
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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.
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BitHodler
Legendary
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Activity: 1526
Merit: 1179
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December 21, 2016, 04:35:48 PM |
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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.
I will also hodl the majority of my coins for when the price really shoots up to insanely high levels, but that doesn't mean you can't take profits from time to time. Other than that I must say that Bitcoin will continue to grow as the number of people in Bitcoin is very tiny. $1000 will be nothing more than a milestone. If Bitcoin really lives up to what people expect from it, and I am talking about realistical expectations, then we will definitely reach a price of several thousands.
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BSV is not the real Bcash. Bcash is the real Bcash.
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ubitcoin
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December 23, 2016, 08:23:29 PM |
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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.
I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.
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choppork
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December 24, 2016, 07:23:59 AM |
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I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.
That is not even the way to get the most profit out of bitcoin trading. People buy whenever the price drops, let's say, 10% and then sell when the price increases for, like, 10% again. And then the base amount resets. It depends on how much is the percentage that you want but people do this as a strategy so no matter what movement bitcoin does, they surely will have either more bitcoins or more fiat than before. Some even use bots for this using their VPS. Simply waiting for the price increase wouldn't get you the most profit, you have to play with the price fluctuations as well.
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Xester
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December 24, 2016, 10:55:37 AM |
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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.
I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it. Well if you sell your bitcoin at a low price what good is it to us. If bitcoins price doesn't grow the probably I will never sell my bitcoin until the time that it has big inflation in price. The possibility of bitcoin to never sell it is when it becomes the official legal tender. But as long as it is backed up by dollars it can never happen. Only an independent bitcoin can that possibility happen.
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