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Author Topic: Don't HODL!!!  (Read 5862 times)
AncilVTwo
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November 11, 2015, 12:33:53 AM
 #101

holding bitcoin doesnt really help btc as a currency because transactions arent taking place (which is what the main point of btc is ).
but it does help keep the value of bitcoin fairly high as the supply is reduced in the market.
minhkhoa
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November 11, 2015, 01:55:55 AM
 #102

Waiting BTC back $300 and hold some coins. Grin
dinda22
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November 11, 2015, 05:50:22 AM
 #103

Waiting BTC back $300 and hold some coins. Grin

Local exchanger in my country today BTC price has touched below $300 and I already buy, then I will hold up to $350. do not wait for the price is too high, which is important I already get profit Smiley
brg444
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November 11, 2015, 05:52:28 AM
 #104

Tell that to Satoshi you retard.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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November 11, 2015, 05:58:22 AM
 #105

Waiting BTC back $300 and hold some coins. Grin

Local exchanger in my country today BTC price has touched below $300 and I already buy, then I will hold up to $350. do not wait for the price is too high, which is important I already get profit Smiley

Some people here are expecting that the bitcoin Price will go again $350 levels at the same time some people of fear you don't fall towards $240 levels again. This must be a very crucial situation whether we need to hold or to sell or not to buy.
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November 11, 2015, 12:52:07 PM
 #106

I say spend it! you never know, you'll die the next day. your btc will be lost forever or someone will spend it for you.

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BADecker
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November 11, 2015, 02:46:36 PM
 #107

Well, good point. Would you spend to increase the price of bitcoin, or hodl and make other people do it?

If everyone chooses to hodl, no one will spend, and the price wil inevitablly fall. I support the OP. Spend. Buy video games, gamble, maybe even buy a Bitcoin miner! Let's go!

Now remember. The people who don't own any Bitcoin, can hodl it. So, to hodl it, they gotta buy some.    Cheesy

Cure your cancer at home. Ivermectin, fenbendazole, methylene blue, and hydroxychloroquine (HCQ) are chief among parasite drugs. Find out that all disease is based in parasites or pollution, and what you can easily do about it - https://www.huldaclark.com/, https://thedrardisshow.com/, https://thehighwire.com/.
raaajlucky
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November 11, 2015, 02:49:43 PM
 #108

Waiting BTC back $300 and hold some coins. Grin

Now already 300 so would you like to sell? Looks like Prices slowly going back to 200 level
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November 11, 2015, 02:51:10 PM
 #109

Waiting BTC back $300 and hold some coins. Grin

Local exchanger in my country today BTC price has touched below $300 and I already buy, then I will hold up to $350. do not wait for the price is too high, which is important I already get profit Smiley

Some people here are expecting that the bitcoin Price will go again $350 levels at the same time some people of fear you don't fall towards $240 levels again. This must be a very crucial situation whether we need to hold or to sell or not to buy.

Hodling is beneficial for a time that Bitcoin becomes a major world currency. It may take a long while, or it might happen by default when fiat destroys itself.

I mean, if a loaf of bread costs 1 bitcoin today, but it costs 1 satoshi 10 years from now, 1 bitcoin sounds like a great investment to me. I'll hodl at least some.

Smiley

Cure your cancer at home. Ivermectin, fenbendazole, methylene blue, and hydroxychloroquine (HCQ) are chief among parasite drugs. Find out that all disease is based in parasites or pollution, and what you can easily do about it - https://www.huldaclark.com/, https://thedrardisshow.com/, https://thehighwire.com/.
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November 11, 2015, 02:54:38 PM
 #110

Well, good point. Would you spend to increase the price of bitcoin, or hodl and make other people do it?

If everyone chooses to hodl, no one will spend, and the price wil inevitablly fall. I support the OP. Spend. Buy video games, gamble, maybe even buy a Bitcoin miner! Let's go!

Now remember. The people who don't own any Bitcoin, can hodl it. So, to hodl it, they gotta buy some.    Cheesy

Don't Hodl!!! Don't Spedn!!! Byu!!!

Nah, it doesn't work...

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Blind Legs Parker
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November 11, 2015, 03:10:52 PM
 #111

People who tell you to SPEDN are likely to be HODLING in disguise  Grin

Thats said Fci definitely got a point when saying that people could HODL bitcoins and SPEDN them at the same time just by rebuying bitcoins immediately after using them.

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
xdrpx
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November 11, 2015, 03:27:00 PM
 #112

I believe trying to control the Bitcoin economy by suggesting to HODL or not would not work toward anyones good. It's left to ones personal interest on whether they prefer to save it or spend it over a span of time. I usually prefer to spend very little cause I earn very little of it, and thus I intend to HODL the majority as a part of saving. Long term saving for Bitcoin can also turn out to be a good form of investment.
BADecker
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November 11, 2015, 03:37:43 PM
 #113

Well, good point. Would you spend to increase the price of bitcoin, or hodl and make other people do it?

If everyone chooses to hodl, no one will spend, and the price wil inevitablly fall. I support the OP. Spend. Buy video games, gamble, maybe even buy a Bitcoin miner! Let's go!

Now remember. The people who don't own any Bitcoin, can hodl it. So, to hodl it, they gotta buy some.    Cheesy

Don't Hodl!!! Don't Spedn!!! Byu!!!

Nah, it doesn't work...

Okay, work for it and get some that way. Or get some free from a faucet. Then hodl, and maybe spedn.

Smiley

Cure your cancer at home. Ivermectin, fenbendazole, methylene blue, and hydroxychloroquine (HCQ) are chief among parasite drugs. Find out that all disease is based in parasites or pollution, and what you can easily do about it - https://www.huldaclark.com/, https://thedrardisshow.com/, https://thehighwire.com/.
Kazimir
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November 11, 2015, 03:38:23 PM
 #114

W.t.f. are you talking about? The more you hodl now, the higher the prize will go in the future. It is all the spending that is killing the coin.
As has been explained numerous times: holding and spending are not mutually exclusive.

If everybody is sitting on their coins doing nothing with it, Bitcoin will go nowhere. It won't go anywhere near the moon if nobody uses it.

By spending bitcoins on actual products and services + buying back the same amount of bitcoins (on exchanges or wherever), you are essentially hodling (keeping the same amount of coins) AND helping the Bitcoin economy grow, AND adding to market demand on the exchange, all at the same time.

It's beyond me how the f*ck people can't see this Undecided


In theory, there's no difference between theory and practice. In practice, there is.
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dinda22
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November 11, 2015, 03:43:32 PM
 #115

Waiting BTC back $300 and hold some coins. Grin

Local exchanger in my country today BTC price has touched below $300 and I already buy, then I will hold up to $350. do not wait for the price is too high, which is important I already get profit Smiley

Some people here are expecting that the bitcoin Price will go again $350 levels at the same time some people of fear you don't fall towards $240 levels again. This must be a very crucial situation whether we need to hold or to sell or not to buy.

I believe bitcoin will rise again to $350, but I also fear bitcoin back to $250. but this time I see bitcoin fairly stable at $305. so I am quite confused, whether we will continue to go down or up in this month.
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November 11, 2015, 03:46:40 PM
 #116

Well, good point. Would you spend to increase the price of bitcoin, or hodl and make other people do it?

If everyone chooses to hodl, no one will spend, and the price wil inevitablly fall. I support the OP. Spend. Buy video games, gamble, maybe even buy a Bitcoin miner! Let's go!

Now remember. The people who don't own any Bitcoin, can hodl it. So, to hodl it, they gotta buy some.    Cheesy

Don't Hodl!!! Don't Spedn!!! Byu!!!

Nah, it doesn't work...

it would work if everyone was doing it, but it's not the case

simply sending it's also not good, it can only lead to a price dump, because merchants are not holders, they dump everything
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November 11, 2015, 03:49:11 PM
 #117

but this time I see bitcoin fairly stable at $305
What Huh How can the ultra volatility of the past few days possibly be considered 'fairly stable'?

In theory, there's no difference between theory and practice. In practice, there is.
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Blind Legs Parker
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November 11, 2015, 03:56:54 PM
 #118

dinda22 probably means that they think bitcoin will stabilize at $305.

Vous pouvez maintenant refermer ce topic et reprendre une activité normale. À ciao bonsoir.
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November 11, 2015, 04:01:08 PM
 #119

Well OP advice turned out to be right. Value has gone down a lot, and would have been better to spend at the high point, taking advantage of that.


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November 11, 2015, 04:25:06 PM
 #120

This is the new normal  Smiley
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