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Author Topic: Shall we start selling all of our Bitcoins fast?  (Read 2750 times)
shane
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August 18, 2015, 02:28:07 AM
 #21

Im newbie in bitcoin technology,
i see more people now run bitcoinXT nodes..
I want to ask
whether we should install bitcoin XT Huh
how about my bitcoin ?
whether I would lose if I am not installing the bitcoin bitcoin XT ?


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randy8777
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August 18, 2015, 03:06:29 AM
 #22

Im newbie in bitcoin technology,
i see more people now run bitcoinXT nodes..
I want to ask
whether we should install bitcoin XT Huh
how about my bitcoin ?
whether I would lose if I am not installing the bitcoin bitcoin XT ?



i would wait if i was you. i personally will start updating my client once i see 60% of the people have done it too. that's what i am waiting for. currently nearly 10% of the nodes run xt if i may believe bitnodes.io.
forlackofabettername
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August 18, 2015, 03:21:39 AM
 #23

Im newbie in bitcoin technology,
i see more people now run bitcoinXT nodes..
I want to ask
whether we should install bitcoin XT Huh
how about my bitcoin ?
whether I would lose if I am not installing the bitcoin bitcoin XT ?



i would wait if i was you. i personally will start updating my client once i see 60% of the people have done it too. that's what i am waiting for. currently nearly 10% of the nodes run xt if i may believe bitnodes.io.

Yeah, but the data is rigged since a few days. See here:
https://bitcointalk.org/index.php?topic=1154520.0

I'm telling you there is still only 150 or so people really running xt. The other 400 new nodes are most likely fake nodes from attakers on the Gavincoin-thing who do not intend to ever run bigger blocks.

"If you see fraud and don't shout fraud, you are a fraud"
  -- Nassim Taleb
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August 18, 2015, 07:16:23 AM
 #24

Im newbie in bitcoin technology,
i see more people now run bitcoinXT nodes..
I want to ask
whether we should install bitcoin XT Huh
how about my bitcoin ?
whether I would lose if I am not installing the bitcoin bitcoin XT ?



for now there is no xt when the right consensus is reached you can start to use it, we are holding anyway  and no coins will be lost in the transaction it should be like upgrading to a new version, just swap the wallet.dat and you're done
Mickeyb
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August 18, 2015, 07:26:24 AM
 #25

This is exactly of what we should be afraid off, people that don't know and don't understand panicking and selling everything.

To the OP, you won't lose your coins, dont worry. Such a dramatic change won't happen in a day or two, it will take months if XT is going to replace core. Just keep an eye on this problem and do as people suggest here. Don't worry, people will talk on this forum a lot, as we talk at the moment.

That quote is more for the people that stashed some bitcoins and will come back in 2 years to open their wallet. They, yes, might lose their bitcoins but even this is not for sure. So just keep an eye on this situation and you will be fine.
randy8777
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August 18, 2015, 08:52:22 AM
 #26

Im newbie in bitcoin technology,
i see more people now run bitcoinXT nodes..
I want to ask
whether we should install bitcoin XT Huh
how about my bitcoin ?
whether I would lose if I am not installing the bitcoin bitcoin XT ?



i would wait if i was you. i personally will start updating my client once i see 60% of the people have done it too. that's what i am waiting for. currently nearly 10% of the nodes run xt if i may believe bitnodes.io.

Yeah, but the data is rigged since a few days. See here:
https://bitcointalk.org/index.php?topic=1154520.0

I'm telling you there is still only 150 or so people really running xt. The other 400 new nodes are most likely fake nodes from attakers on the Gavincoin-thing who do not intend to ever run bigger blocks.

that may explain the rise in xt nodes. the comming days will tell more about the growth or decline of the xt nodes. don't think it will go over 20% but you never know.
Denker
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August 18, 2015, 11:32:32 AM
 #27

OP should hold his coins of course. There's nothing to worry right now. And remember we are all in the same situation as you are. Before a fork happens it will take a few more months IF the majority of the community should decide to switch the client.

OP did the right thing.Instead of just selling because of panicking he asked here how others handle and see the situation.
Knowledge is power.
ssmc2
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August 18, 2015, 02:17:41 PM
 #28

OP should hold his coins of course. There's nothing to worry right now. And remember we are all in the same situation as you are. Before a fork happens it will take a few more months IF the majority of the community should decide to switch the client.

OP did the right thing.Instead of just selling because of panicking he asked here how others handle and see the situation.
Knowledge is power.

Lol. Asking here is 9 times out of 10 going to be the wrong thing to do.
MF Doom
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August 18, 2015, 02:37:17 PM
 #29

OP should hold his coins of course. There's nothing to worry right now. And remember we are all in the same situation as you are. Before a fork happens it will take a few more months IF the majority of the community should decide to switch the client.

OP did the right thing.Instead of just selling because of panicking he asked here how others handle and see the situation.
Knowledge is power.

Lol. Asking here is 9 times out of 10 going to be the wrong thing to do.

thats because 9 out of 10 people on here are "perma-bulls" who will tell you never to sell ever.

The reality is the price is bound to go up and down, volatility is the ONLY thing guaranteed with btc.  Selling now is probably a good idea in my opinion.  I sold some just yesterday, and what do you know today we are headed back to $250.  News like this whole xt deal can easily swing btc price, and leave a good buy back opportunity in a couple weeks.
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August 18, 2015, 03:29:57 PM
 #30

I think it is time to sell if you didn't yet.

The strong support is around 240, and there are so much doubts and fear even for core devs right now.
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August 18, 2015, 03:41:25 PM
 #31

If you are afraid to lose money, you invested more than you can handle...sell now weak hand
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August 18, 2015, 05:17:02 PM
 #32

Yes. Sell me your coins, please. Smiley

Ask the stranger he knows who you really are.
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August 18, 2015, 07:57:06 PM
 #33

Time to switch to Mintcoin.

 30x faster, 100,000x cheaper, energy efficient, globally scaleable, no mining gear required to mint new coins, just save them in your wallet.

Stop Mining.   Start Minting.   Mintcoin  [MINT]
5% annual minting reward. Mintcoins don't wear out like mining gear. They keep on minting!
randy8777
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August 18, 2015, 10:49:18 PM
 #34

Time to switch to Mintcoin.

 30x faster, 100,000x cheaper, energy efficient, globally scaleable, no mining gear required to mint new coins, just save them in your wallet.

people here aren't interested in altcoins. mentioning how fast it is and how much cheaper won't change that. bitcoin is the only coin that will/might see global adoption within a few years.
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August 18, 2015, 10:53:36 PM
 #35

Time to switch to Mintcoin.

 30x faster, 100,000x cheaper, energy efficient, globally scaleable, no mining gear required to mint new coins, just save them in your wallet.

just like all the other coins that came with good promises, but now are dead

no one will sell everything for a hope of a possibility of a future promise
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August 18, 2015, 11:25:19 PM
 #36

The majority of you are emo fags that think like women.

Try growing a pair of balls and holding your coins.
Sometimes I hate this forum.

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August 18, 2015, 11:49:41 PM
 #37

Don t sell at this price. Is crucial.  Keep holding

MF Doom
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August 19, 2015, 12:25:55 AM
 #38

Could this be a sign that we should sell? Apparently Bitcoin-Core transactions are not compatible with BitcoinXT, and this means you will pretty much lose all your coins:

http://thebtcpool.com/chief-scientist-launches-alternative-proposal-for-the-currency/

you might not lose your coins, but short term you might lose some purchasing power.  I sold some this morn, will be getting back in if we drop back to the 200-220 level, which I htink we will SHORT term

I told you 24 hours ago, now we've dropped another $30...so did you take my advice??  I;m still thinking sub 200 is possible after today...
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August 19, 2015, 04:31:45 AM
 #39

You can take Gavincoin and insert it vertically into your anus. Thank you for your attention. Over.
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August 19, 2015, 04:52:52 AM
 #40

Could this be a sign that we should sell? Apparently Bitcoin-Core transactions are not compatible with BitcoinXT, and this means you will pretty much lose all your coins:

http://thebtcpool.com/chief-scientist-launches-alternative-proposal-for-the-currency/

Bitcoin XT is in the first steps and no one know his future. To many other coins has born after bitcoin but their value is not  acent of the dollar while the price of bitcoin is hundred of dollars. Then who know? Maybe the two groups will find their words and it will be another strong bitcoin as e merged of both of them. Strong enough to have value even for the first even for the second.
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