Hopalong
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August 24, 2015, 01:31:08 PM |
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If you have a crisis you need some safety not gambling on a experimental currency who have lost value the last two years. Bitcoin dont lose its value, but its price just decreased. Unlike real currencies it looses value when the price goes down. If $ goes down 3% tomorrow there will be no difference in the price you pay for stuff but if BTC goes down the price for stuff goes up. That is because it is 100% linked to dollar and does not have a value on its own. Many nations want their currency to get lower exchange rates because it is easier to sell their goods to other nations. Only nations who import a lot of stuff want a high exchange rate. Bitcoin has realy nothing to do with trading and it has its whole value based on current exchange rate.
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Herbert2020
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August 24, 2015, 01:35:20 PM |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
yes. of course i am holding all the bitcoin that i have for the future. because i believe that bitcoin has more potential that what it is showing right now, so the price will go up eventually. then is it time to spend bitcoin.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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bit2015
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August 24, 2015, 03:20:48 PM |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
Yes, I hope the price will be gooing up sooon.
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Mr.jatt
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August 24, 2015, 03:40:19 PM |
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Yes I am holding my Bitcoins for price increase. XT just sucks. I paid my Internet bills With bitcoins bit now I have to use fiat to do so because of the falling prices.
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WhatTheGox
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August 24, 2015, 03:42:56 PM |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
Im holding all the way baby. If the price goes down i just buy more and more. I lost a fair bit in gox so im trying to get that back. Also wouldnt mind some more litecoin so the price going down is a bonus.
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givemefive
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August 24, 2015, 03:48:50 PM |
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So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
Yes, i wait for price increase.
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TibanneCat
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BTC > etc
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August 24, 2015, 03:51:30 PM |
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spend some, save some. you can do both.
Most people I know are holding most of it but also spending some on digital goods and tickets. Can't expect any real mass adoption is everyone is just hodling
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Falconer
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August 24, 2015, 06:23:03 PM |
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Unlike real currencies it looses value when the price goes down. If $ goes down 3% tomorrow there will be no difference in the price you pay for stuff but if BTC goes down the price for stuff goes up. That is because it is 100% linked to dollar and does not have a value on its own.
Many nations want their currency to get lower exchange rates because it is easier to sell their goods to other nations. Only nations who import a lot of stuff want a high exchange rate. Bitcoin has realy nothing to do with trading and it has its whole value based on current exchange rate.
You have a good point about this, but the value of fiat is controlled by government, so if the government change the price for stuff because its price changed, then economy situation of the country would be ruined by that. But with bitcoin, it doesnt matter because it is totally controlled by us, even its price for stuffs always changing time by time. By the way, since the bitcoin price is being decreased, people couldnt hold their bitcoin any longer and began to sell it, then its price will be more decreased. Seems reaching US$500 will be a delusional thing for this year.
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-droid-
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August 24, 2015, 06:27:28 PM |
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i generally always convert my coins to fiat to immediately pay off debt, although now with prices this low it hurts
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pooya87
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August 25, 2015, 03:26:33 AM |
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honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.
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zero01
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August 25, 2015, 05:53:28 AM |
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this time I am still holding my bitcoin, but if the price drops again maybe I will exchange
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Falconer
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August 25, 2015, 06:55:37 AM |
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honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.
Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now.
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oxiyusuf
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August 25, 2015, 07:01:24 AM |
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honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.
Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now. maybe yes maybe now, because we are know bitcoin don't have CEO or leader, the price is from demand and supply, and if you can take advantages from this situation without risking, you can get more profitable
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Decentralized Asset Management Platform
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August 25, 2015, 07:15:15 AM |
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no one is holding that amount of coins which on dumping can effect the price ... but yes people do want to hold bitcoins and wait for the time they can profit ,even though people use bitcoins but their main goal is to increase their fiat's in the banks and not the bitcoins in wallet ..simple.
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guddu raj
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August 25, 2015, 08:51:33 AM |
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i not holding increase price of bitcoin. it will not effect something. we should enjoy using of bitcoins. and you also.
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dothebeats
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August 25, 2015, 09:02:46 AM |
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I'm still holding my bitcoins and am trying to at least get some every week no matter what the price is. I'm in it for the long term and not short-term gain because I believe that bitcoin has its potential to go big.
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Falconer
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August 25, 2015, 09:03:48 AM |
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honestly after today price fall, i am not so sure about what to do anymore. i am a long term holder but with this new stupid bitcoin XT bitcoin is being wrecked i am considering selling my coins or at least a part of them.
Yeah, I guess there will be more new things that could make people be panic and make them cant hold their bitcoin any longer. I dont know if this situation was planned before by Gavin or anyone else, but seems the newcomers wont risking their money in bitcoin for now. maybe yes maybe now, because we are know bitcoin don't have CEO or leader, the price is from demand and supply, and if you can take advantages from this situation without risking, you can get more profitable How could we take advantages of this situation without risking, since no one could predict what will happens in future exactly? no one is holding that amount of coins which on dumping can effect the price ... but yes people do want to hold bitcoins and wait for the time they can profit ,even though people use bitcoins but their main goal is to increase their fiat's in the banks and not the bitcoins in wallet ..simple.
If you are using bitcoin to buy your stuff, so the value of bitcoin itself is really important, which when its price be higher, then the price of stuff you want to buy will be decreased directly. In other words, you dont need to exchange it with fiat when the price is increased.
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boliu
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6th BTC reached. Thank you for your support
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August 25, 2015, 01:21:17 PM |
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yup just adding .01 btc every week sometimes a bit more if there is a sudden drop, my price average is about $232
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BitmoreCoin
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August 30, 2015, 01:51:03 AM |
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i generally always convert my coins to fiat to immediately pay off debt, although now with prices this low it hurts
Are you a miner?
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