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Question: Are you holding bitcoins?
Yes, i wait for price increase
No
I dont have any bitcoins
I have too much of it to hold

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Author Topic: Are you holding your bitcoin for a price increase?  (Read 247062 times)
davinchi
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October 31, 2015, 03:07:53 AM
 #541

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.
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2pak
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October 31, 2015, 03:23:50 AM
 #542

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.
This is strategy of buying is best for long term investor who what to hold ther bitcoin in a long time.

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cohnhead
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October 31, 2015, 03:28:11 AM
 #543

im holding and trying to get more. why....so many reasons...ponder this...

According to the world bank, world remittances are around 583 billion with banks and couriers taking an average 8% in fees. Couple that with the explosive population growth expected in those countries most affected by high remittance fees for low value transfers and you get kind of a perfect storm for something like bitcoin.  How much will world remittance grow in the next 10 years? and How much of that will supplanted by btc?  not even accounting for population growth....if it supplants only 1%.. it doubles bitcoins current market cap
TTMNewsMJ
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October 31, 2015, 05:33:54 AM
 #544

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
teddy5145
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October 31, 2015, 05:41:31 AM
 #545

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin
dothebeats
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October 31, 2015, 05:44:43 AM
 #546

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin


It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.

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teddy5145
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October 31, 2015, 05:57:03 AM
 #547

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin


It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.
Well, they don't need to convert their bitcoin to fiat
There's Bitcoin Debit card already Wink
They can spend their money with bitcoin without need to convert their money to fiat first

lumeire
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October 31, 2015, 06:02:10 AM
 #548

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin


Then we are back at this level again, wait for the price to bubble again and boom, dump again. The cycle continues as history continually repeats itself.  Smiley

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dothebeats
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October 31, 2015, 06:07:36 AM
 #549

Well, they don't need to convert their bitcoin to fiat
There's Bitcoin Debit card already Wink
They can spend their money with bitcoin without need to convert their money to fiat first



The problem is they are not looking into this thoroughly as they are scared of the fees they incur on getting a debit card. The possibilities are very limited right now with only bitcoins, but with the help of debit cards, things just got a little easier for almost everybody to spend their bitcoins.

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lixer
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October 31, 2015, 09:34:32 AM
 #550

Yes. Most of us wants the higher price of bitcoin.
That's why most of the bit-coiners hold their bitcoin because they are waiting for more increase price.
And when the price is right everyone would dump their Bitcoins
And then boom, a massive price drops happen Grin


It's natural and it's a part of the cycle. Unless people would realize that they don't need to convert to fiat before they can find bitcoin useful.

Yes that is the real situation will make people need not dumb when bitcoin is going to be more useful and spendable for real life itself. Till then people will convert bitcoin for fiats and get regulated by government.

BitmoreCoin
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October 31, 2015, 11:57:25 AM
 #551

Then we are back at this level again, wait for the price to bubble again and boom, dump again. The cycle continues as history continually repeats itself.  Smiley

If the price rises in long term, then it does not matter. But for bitcoin to be used a way of payment, it has to be stable.
kostya.ash
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October 31, 2015, 04:02:03 PM
 #552

maybe with hold half for a price increase, i think the end of the year will reach $400 and I will sell it, quite profitable

That is good option, always trade with small quantities what you have then you can get over all better prices when you sell or buy at different levels.

Yes. Buying with all our money at one price is not at all recommended. You must wait for price up or down always, if price go down you can buy again which means you are getting a better average price. This is a general thumb rule of trading. So, it applies to bitcoin trading also.
yeah Sell or buy with all money very risk for both the price up or down,
sometimes i'm using this option half sell or half buy,  more safer
addy boy
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October 31, 2015, 05:08:55 PM
 #553

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still
kostya.ash
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October 31, 2015, 11:01:50 PM
 #554

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still

yeah same with, this time the price has gone up $314, are you want to sell now or continue to hold it dude ?
e1ghtSpace
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November 01, 2015, 08:31:26 PM
 #555

Yeah I m doing it because the price of bitcoins changes now and then like last week it was 268 USD but this week it is 314 USD. Thats a huge difference. So main reason is the change in prices that can help to us to earn more but it can also that bitcoin price may fall anytime its not possible but still

Yeah, I hope it hasn't hit its top, but I think it is coming down again. Hopefully at the end of the year it is at $500 though, and the halving might give it a boost.
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November 02, 2015, 01:26:55 AM
 #556

Well, I have a secret technique to take advantage of the highs and lows of bitcoin.  I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin.  It seems to be working for me.
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November 02, 2015, 01:30:16 AM
 #557

Well, I have a secret technique to take advantage of the highs and lows of bitcoin.  I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin.  It seems to be working for me.
What is so good about Nubit, may I ask?
Does it have any advantage over other altcoins like newer features or something?
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November 02, 2015, 02:23:03 AM
 #558

Well, I have a secret technique to take advantage of the highs and lows of bitcoin.  I buy Nubit with BTC when BTC prices are high and I buy BTC for Nubit when BTC prices are low....In that way my investment is safe while I can still profit off of higher futures for bitcoin.  It seems to be working for me.
What is so good about Nubit, may I ask?
Does it have any advantage over other altcoins like newer features or something?

Nubit's value is always equal to $1 USD, so its price in BTC fluctuates to insure that that remains the case.  The Nubit (NBT) price is controlled by a system whereby the token is parked and collects interest dependant on the price of bitcoin.  The interest earned on parked NBT is determined by a voting system called Nushares (NSR) which also earns dividends in Peercoin (PPC).  The three assets are co-related so the system is a little more complicated than the traditional alt.  The developer is Sunny King....so....it's different.
Kanapka
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November 02, 2015, 05:44:48 AM
 #559

yes, the bear market can't last forever and 220 was too solid to be broken without huge noise
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November 02, 2015, 06:30:12 AM
 #560

I put all my Bitcoin away into cold storage for at least 5 years. It is interesting watching China manipulate this latest run up in price.

Where will it stop ?  Huh
No one knows where i'll stop, good thing is that we're moving upwards hope there will be new ath. Wink
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