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Author Topic: What do you do with your idle coins?  (Read 30459 times)
BeGoods
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February 19, 2016, 01:36:36 PM
 #381

Yes the price will gonna rise to 1000$ midyear 2016. Maybe it will not be for a long time but surely it will. So the best thing for now is to keep the coins save for few months and then sell them for a double price.
I highly doubt with that dude. no mark so prices will rise sharply, after all, the current price can not rise up to $ 500. it would be very difficult for increased 2-fold in a few months, I think $ 1,000 will occur in a few years to come, but not this year
SimplisticStu
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February 19, 2016, 01:54:36 PM
 #382

Patience is the key when it comes to the BTC game, I bought some in Jan 2015 for around $200 and they're now worth double that. Despite this I'm still sitting on them to a certain degree, using what I need to when I need to and gradually building up for the future. There's no legit quick fix or turnaround to be had.
Red-Apple
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February 19, 2016, 02:04:07 PM
 #383

if i have any idle bitcoins i prefer to leave them as they are, idle.

but at the same time i like trading altcoins so i only dedicate a part of them for trading.

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Zaun
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February 19, 2016, 03:56:30 PM
 #384

My idle coins are just in a different wallet waiting for a price increase that will coming soon in this year.
The halving is coming and than we all can make profit by it, so just be patient with idle coins.
Kollor
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February 20, 2016, 01:30:17 PM
 #385

You may just keep it in your wallet, but the profit from just keeping it would be low and as you say you don't want it to just go idle the whole time in your wallet, although it is safe,  but the time that it stayed idle could have profit you when you put it into trading or into lending..
xslugx
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February 20, 2016, 01:40:34 PM
 #386

Well right now with the consensus reached I'd say that idle coins should stay in your wallet for some times ^^

maku
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February 20, 2016, 01:49:25 PM
 #387

Yes the price will gonna rise to 1000$ midyear 2016. Maybe it will not be for a long time but surely it will. So the best thing for now is to keep the coins save for few months and then sell them for a double price.
I think its impossible dude to rise $1000 on this year. i doubt about it. because no sign and no big issue
halving will not give big effect
And how can you be so sure about halving? Is not that we have compelling examples of this event being neutral to the price.
The Halving will have a major impact on the bitcoin price, let's pray it will be for the better.
Laosai
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February 20, 2016, 01:57:05 PM
 #388

You may just keep it in your wallet, but the profit from just keeping it would be low and as you say you don't want it to just go idle the whole time in your wallet, although it is safe,  but the time that it stayed idle could have profit you when you put it into trading or into lending..

With the reached consensus I agree with you!

Genius Einstein
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February 21, 2016, 09:18:42 AM
 #389

I think that you should save up your coins and in the future if bitcoin prices rise like they are every day then you could be very lucky but then again the prices of bitcoin may go down so you might as well spend it now

AliceWonderMiscreations
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February 21, 2016, 09:26:29 AM
 #390

One of the reasons (and there are many) that I love bitcoin is it is deflationary in nature. Idle coins increase in spending power over time because there is fixed number of bitcoins (well, eventually) so increasing demand increases the spending power.

This is different than fiat where there is intentional inflation resulting in a decrease in spending power over time with idle funds.

bitcoin allows saving without losing, and that's a good thing for people like me that don't have a good grasp of how to play the investment markets and win.

I hereby reserve the right to sometimes be wrong
extrabyte
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February 21, 2016, 11:08:01 AM
 #391

usually I don't hold any idle coins. I spend my coins when I get them. I don't let my coins to be idle, I always try to use them in some way.
Laosai
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February 21, 2016, 11:24:00 AM
 #392

One of the reasons (and there are many) that I love bitcoin is it is deflationary in nature. Idle coins increase in spending power over time because there is fixed number of bitcoins (well, eventually) so increasing demand increases the spending power.

This is different than fiat where there is intentional inflation resulting in a decrease in spending power over time with idle funds.

bitcoin allows saving without losing, and that's a good thing for people like me that don't have a good grasp of how to play the investment markets and win.

True. But it needs to get more and more people adopting it, otherwise number of btc created will make price dump ^^

youdamushi
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February 21, 2016, 12:58:47 PM
 #393

usually I don't hold any idle coins. I spend my coins when I get them. I don't let my coins to be idle, I always try to use them in some way.

How do you use them? I nearly can't spend the btc I got!


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Pattart
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February 21, 2016, 01:22:31 PM
 #394

My idle coins are just in a different wallet waiting for a price increase that will coming soon in this year.
The halving is coming and than we all can make profit by it, so just be patient with idle coins.
I think you just get profit if price up. how if bitcoin price down ?
better to invest than hold
youdamushi
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February 21, 2016, 02:42:59 PM
 #395

My idle coins are just in a different wallet waiting for a price increase that will coming soon in this year.
The halving is coming and than we all can make profit by it, so just be patient with idle coins.

As everyone. You all hope for a price increase after halving but if everyone dump it gonna be a huge crash in price!


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gregyoung14
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February 21, 2016, 03:00:46 PM
 #396

Invest it somewhere else first and get a profit out of it. Faucets, miners etc. And sit here wit 8)h us wait for the right time we will be gunning BTCs.
Hashminers
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February 21, 2016, 03:16:48 PM
 #397

Invest it somewhere else first and get a profit out of it. Faucets, miners etc. And sit here wit 8)h us wait for the right time we will be gunning BTCs.

If they are investment opportunities i use them off course but mostly my idle coins are safely in my offline wallet.
Where I store them for future use.
Nameless Coin
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February 21, 2016, 03:23:58 PM
 #398

I'm doing exactly nothing with my idle bitcoins this is because there for a reason idle, I'm just waiting on the halving so I can sell them.
Plus I also got another wallet where I buy things from on the online bitcoin market shops.
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February 21, 2016, 04:25:17 PM
 #399

Invest it somewhere else first and get a profit out of it. Faucets, miners etc. And sit here wit 8)h us wait for the right time we will be gunning BTCs.

Invest = Risk.
That is what puts me off. I prefer to sit on my coins and watch them appreciate.


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February 21, 2016, 04:30:15 PM
 #400

I am ready to invest and take the risk associated, but always wonder - with all the scams going around, is the return associated justified given the risk taken?
Also, considering that bitcoins themselves are deflationary acts as a barrier in me investing them.

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