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Author Topic: Mining coins save or sell it?  (Read 106756 times)
luciann
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April 08, 2016, 09:55:02 PM
 #341

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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April 08, 2016, 10:50:35 PM
 #342

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.
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April 09, 2016, 12:01:49 PM
 #343

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

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MaritiJames3
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April 09, 2016, 05:16:06 PM
 #344

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

How can you say that. There is no guarantee the price will got to 800. Even with the halvign taking place i don't expect the price to go over 600 dollar.
This is a very very risky thing. Promising fake guarantees is bad.
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April 09, 2016, 05:33:32 PM
 #345

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

How can you say that. There is no guarantee the price will got to 800. Even with the halvign taking place i don't expect the price to go over 600 dollar.
This is a very very risky thing. Promising fake guarantees is bad.

Now you tell me how can you say that it won't go above $600? Anything is possible with bitcoin as no one knows what will be the price at the time of halving.
malphite
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April 10, 2016, 05:34:24 AM
 #346

So today I got rewarded btc through a mining contract I still had barter with awhile back.

And I gotta say, if you keep the coins the better. Halving, and all that btc price drama.  but I`m in a uniques position so I cant speak for most.
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April 10, 2016, 11:01:38 AM
 #347

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

How can you say that. There is no guarantee the price will got to 800. Even with the halvign taking place i don't expect the price to go over 600 dollar.
This is a very very risky thing. Promising fake guarantees is bad.

Now you tell me how can you say that it won't go above $600? Anything is possible with bitcoin as no one knows what will be the price at the time of halving.
Yeah sure there is price rise as you have stated. It is better to save the coins for future, if so you can be more benefited during halving. Also I wanna say if there is no great increase beyond $1k too you can expect the value to be more near.

KennyR
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April 10, 2016, 11:56:10 AM
 #348

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

How can you say that. There is no guarantee the price will got to 800. Even with the halvign taking place i don't expect the price to go over 600 dollar.
This is a very very risky thing. Promising fake guarantees is bad.

Now you tell me how can you say that it won't go above $600? Anything is possible with bitcoin as no one knows what will be the price at the time of halving.
Yeah sure there is price rise as you have stated. It is better to save the coins for future, if so you can be more benefited during halving. Also I wanna say if there is no great increase beyond $1k too you can expect the value to be more near.

Price rise will continue. As said truly its better to save earned bitcoin because over the coming years its expected to get very huge profit.


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peta4e
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April 10, 2016, 08:58:49 PM
 #349

if i were you i would definitely sell it all i think until i would make a return of investment for all those gadgets and electricity i would use during the mining process, in order to make it profitable

after that i would definitely keep all my bitcoins i mine in my cold storage and wait for some bigger prices, in my opinion thats the best option that you might actually do right now

Yeah saving for future is the best thing to do with bitcoins, as selling now is not profitable enough so if we hold now and sell at the time of halving then it can be more profitable.

Some people cant afford to hold it for that long though.

But yeah, the overall sense should be profitble in the long term scenario if the price cap increases based on the how many bought out there still left.

we don't know what will be the price of bitcoin in future but lets hope that it will be better then present so at a moment its better to hold for next couple  of months.

Yeah truly the price of bitcoin will be seen around $800 to the minimum after halving takes place. 

How can you say that. There is no guarantee the price will got to 800. Even with the halvign taking place i don't expect the price to go over 600 dollar.
This is a very very risky thing. Promising fake guarantees is bad.

Now you tell me how can you say that it won't go above $600? Anything is possible with bitcoin as no one knows what will be the price at the time of halving.
Yeah sure there is price rise as you have stated. It is better to save the coins for future, if so you can be more benefited during halving. Also I wanna say if there is no great increase beyond $1k too you can expect the value to be more near.

Price rise will continue. As said truly its better to save earned bitcoin because over the coming years its expected to get very huge profit.



yes if we hold for next couple of months then we will see much higher price at the time of halving, so I am holding now and sell when the price reaches to the higher level.
Hashminers
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April 10, 2016, 09:21:35 PM
 #350

If I would be you I would hold them for a while till the end of this year because the halving is coming this year.
If the halving is not good this year you could than still sell and make profit so it would not be profit right ?
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April 10, 2016, 09:56:00 PM
 #351

If I would be you I would hold them for a while till the end of this year because the halving is coming this year.
If the halving is not good this year you could than still sell and make profit so it would not be profit right ?

Halving is not 100% chanse to make money. Better to sell before it comes and try to make new bitcoins cause safty at the first point, thats what i am thinking.

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April 11, 2016, 09:08:40 AM
 #352

The best thing that you can do now is just hold your coins, you can have some profit later and that will be nice, because it can also be that the value will going down and that wont be good.
If you are selling now on this moment there is a chance that the value can rise after that and that will be not good for you, because we all want to make some huge profit with it.
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April 11, 2016, 12:05:13 PM
 #353

If I would be you I would hold them for a while till the end of this year because the halving is coming this year.
If the halving is not good this year you could than still sell and make profit so it would not be profit right ?

Halving is not 100% chanse to make money. Better to sell before it comes and try to make new bitcoins cause safty at the first point, thats what i am thinking.
I disagree this, halving doesn't provide 100% chance, but makes 95% great price rise. Don't sell your coins now have it for halving you can get good amount.
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April 11, 2016, 02:58:40 PM
 #354

Just holding is indeed good, you can also save it if you can make some profit with it but you must realize that it can be also more worth later in the future so you will have more money.
But the hardest thing is that you never know it from before so you should take some risks.
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April 11, 2016, 03:03:39 PM
 #355

save for now, the demand seems great as if people pay with btc they even get discount Cheesy
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April 11, 2016, 04:11:57 PM
 #356

Mining doesn't seem to be profitable at a moment, but I think buying now and saving for future can be the right way to grow your bitcoin for future.
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April 11, 2016, 05:20:11 PM
 #357

If you want to help increase the value of bitcoin, store/save it. But if you want to earn some coins then sell it but it affect the value of bitcoin because it will decrease the demand of it, making the bitcoin's value also decrease.
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April 11, 2016, 07:51:56 PM
 #358

i would definitely save it all in order to make some good money in the future because the price of the bitcoin will surely grow and make you more money than it would give you now

after a few decades when the price will be really high i would sell a part of it to make a return of investment and then keep on holding the part that would be left after that
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April 12, 2016, 10:45:11 AM
 #359

I do the mining of the altcoins. I sell most of the altcoin and convert into bitcoin. When the altcoin is low, I will buy back.

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April 12, 2016, 12:34:39 PM
 #360

I would save them for later, its gonna be harder to mine in the future and the price is gonna rise because of the halving.
Selling would because of that not smart because you could make more profit if you hold them and wait till the price has been raised to a higher amount.
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