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Author Topic: I'm dumping my bitcoins so you should  (Read 35695 times)
ronaldo40
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July 19, 2016, 04:46:21 PM
 #621

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

In the long term, the bitcoin price always rise. But in the short time, the price is volatile. It is better to hold.

yes it right. in the long term bitcoin prices will inevitably increase. but if in the short term and it fluctuates, it is better to trade and take advantage of short-term rather than just holding.

Shibashi Dogemoto
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July 19, 2016, 05:01:14 PM
 #622

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

In the long term, the bitcoin price always rise. But in the short time, the price is volatile. It is better to hold.

yes it right. in the long term bitcoin prices will inevitably increase. but if in the short term and it fluctuates, it is better to trade and take advantage of short-term rather than just holding.

yeah best way to earn profits from bitcoin is to take advantage from it in short term as holding for long term can be risky if price goes down in future.
mrhelpful
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July 19, 2016, 09:30:30 PM
 #623

The only time I`ll really leave bitcoin and dump all my coins is the day the govt has a better solution of not screwing up lol.

But that day will never come, so i`ll stick with plan B - which is holding bitcoin.  Smiley
richardsNY
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July 19, 2016, 09:36:23 PM
 #624

The only time I`ll really leave bitcoin and dump all my coins is the day the govt has a better solution of not screwing up lol.

But that day will never come, so i`ll stick with plan B - which is holding bitcoin.  Smiley

Even if the government does come up with a better solution, then still it doesn't solve the problem of governments and banks having control over your life and wealth. That's why Bitcoin will stay unique for a lot more years.
torrentheaven
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July 19, 2016, 10:21:37 PM
 #625

The only time I`ll really leave bitcoin and dump all my coins is the day the govt has a better solution of not screwing up lol.

But that day will never come, so i`ll stick with plan B - which is holding bitcoin.  Smiley

Even if the government does come up with a better solution, then still it doesn't solve the problem of governments and banks having control over your life and wealth. That's why Bitcoin will stay unique for a lot more years.

Governments will never support bitcoin and if you are waiting that they will support bitcoin then you are wasting your time as I don't see it happening very soon.
angaper
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July 19, 2016, 10:48:37 PM
 #626

The only time I`ll really leave bitcoin and dump all my coins is the day the govt has a better solution of not screwing up lol.

But that day will never come, so i`ll stick with plan B - which is holding bitcoin.  Smiley

Even if the government does come up with a better solution, then still it doesn't solve the problem of governments and banks having control over your life and wealth. That's why Bitcoin will stay unique for a lot more years.

Governments will never support bitcoin and if you are waiting that they will support bitcoin then you are wasting your time as I don't see it happening very soon.

I agree, and even we need to be aware of an increased attack of governments and official banks against bitcoin because of its increased acceptation and they will not sit idly under the great threat that bitcoin represents against their interests.
tygeade
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July 19, 2016, 11:01:27 PM
 #627

At this stage I will never prefer to dump my coins in fact I will prefer to hold my coins for future to earn best profits from it  as price will be much higher in coming days.
richardsNY
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July 19, 2016, 11:08:23 PM
 #628

The only time I`ll really leave bitcoin and dump all my coins is the day the govt has a better solution of not screwing up lol.

But that day will never come, so i`ll stick with plan B - which is holding bitcoin.  Smiley

Even if the government does come up with a better solution, then still it doesn't solve the problem of governments and banks having control over your life and wealth. That's why Bitcoin will stay unique for a lot more years.

Governments will never support bitcoin and if you are waiting that they will support bitcoin then you are wasting your time as I don't see it happening very soon.

Learn to read before posting. I never said governments will support Bitcoin. I said "Even if the government does come up with a better solution...".
greBit
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July 20, 2016, 02:52:48 AM
 #629

At this stage I will never prefer to dump my coins in fact I will prefer to hold my coins for future to earn best profits from it  as price will be much higher in coming days.

Yeah that is the right thing to do as if you are dumping your coins at this stage then you are playing with your profits so its better to save it for future.
ronaldo40
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July 20, 2016, 03:00:24 PM
 #630

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

In the long term, the bitcoin price always rise. But in the short time, the price is volatile. It is better to hold.

yes it right. in the long term bitcoin prices will inevitably increase. but if in the short term and it fluctuates, it is better to trade and take advantage of short-term rather than just holding.

yeah best way to earn profits from bitcoin is to take advantage from it in short term as holding for long term can be risky if price goes down in future.

If you buy at a low price I think it is still safe when the price falls in the future. I believe in the future of bitcoin prices will always rise, so it was not a risk when the price falls, because in the end it will rise again. but in this case you must to have extra patience.

JessicaSe
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July 20, 2016, 03:06:45 PM
 #631

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

In the long term, the bitcoin price always rise. But in the short time, the price is volatile. It is better to hold.

yes it right. in the long term bitcoin prices will inevitably increase. but if in the short term and it fluctuates, it is better to trade and take advantage of short-term rather than just holding.

yeah best way to earn profits from bitcoin is to take advantage from it in short term as holding for long term can be risky if price goes down in future.

If you buy at a low price I think it is still safe when the price falls in the future. I believe in the future of bitcoin prices will always rise, so it was not a risk when the price falls, because in the end it will rise again. but in this case you must to have extra patience.

If you want to earn huge profits from it then I think you should hold it for a very long term as it is predicted that price will touch the roof in future.
chaser15
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July 20, 2016, 06:06:24 PM
 #632

At this stage I will never prefer to dump my coins in fact I will prefer to hold my coins for future to earn best profits from it  as price will be much higher in coming days.

So what are your best plan when there's a sudden price increase? Still hold it for "future"?

Don't just expect for a desired price but also learn to get out from it. Traders gets profit but they didn't setting a target price since sometimes expecting too much changed the output of the plan.

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torrentheaven
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July 20, 2016, 06:57:14 PM
 #633

I think majority of users will prefer to hold it for future as current price will not help in earning higher profits so its better to hold it for future to secure higher profits.
mandica
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July 21, 2016, 06:50:33 PM
 #634

I think majority of users will prefer to hold it for future as current price will not help in earning higher profits so its better to hold it for future to secure higher profits.

That is true. The bitcoin price will rise a lot in the future. So it is better to hold it for the long term. But we also need to use some.
JessicaSe
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July 21, 2016, 07:59:31 PM
 #635

I think majority of users will prefer to hold it for future as current price will not help in earning higher profits so its better to hold it for future to secure higher profits.

That is true. The bitcoin price will rise a lot in the future. So it is better to hold it for the long term. But we also need to use some.

Yeah for the better future of bitcoin I think each and every user should use bitcoin regularly as we need the circulation of  bitcoin to take its price higher in future.
Vikingr
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July 21, 2016, 09:14:27 PM
 #636

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

no one will buy if the price started to drop, only expert trades will buy at that value, so do not think about that if you are not expert in the trade of bitcoin, just think about the drop of a month ago, how much you bought at that time? did you buy at that time or you also afraid from volatility?
mandica
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July 22, 2016, 08:18:53 PM
 #637

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

no one will buy if the price started to drop, only expert trades will buy at that value, so do not think about that if you are not expert in the trade of bitcoin, just think about the drop of a month ago, how much you bought at that time? did you buy at that time or you also afraid from volatility?

I think the bitcoin price will rise in the long term. So I will buy when the price dip and hold it for longer.
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July 22, 2016, 09:45:32 PM
 #638

In my opinion nobody famous should share his idea,to dump anything,unless he want's to get worse price.
If someone known in the industry is starting to sell a lot,everyone is panicking,which means the price will fall hard.

And most of people creating big fud saying they dump everything do that in fact only to drop the price so they can buy more Smiley

That is right. So I will buy some more when the price drops to lower levels. I think the price will rise in the future.

no one will buy if the price started to drop, only expert trades will buy at that value, so do not think about that if you are not expert in the trade of bitcoin, just think about the drop of a month ago, how much you bought at that time? did you buy at that time or you also afraid from volatility?

I think the bitcoin price will rise in the long term. So I will buy when the price dip and hold it for longer.
There are less chances that price will drop at a moment, so if you are planning to buy bitcoin then you should buy it with current price as it will be much higher in next few months.
Siatald
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July 26, 2016, 07:34:42 AM
 #639

I think the bitcoin price now is quite stable and it is a good price to buy. In 12 months, the price will be over $1000.
oceanriver
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July 26, 2016, 10:14:08 AM
 #640

It belongs here, not the speculation section.

I was always selling during this fake pump (you really never know when it ends) and will be more as it goes up and I'm not re-buying later even if price goes below $200. I won't regret even if it goes above $1000 someday when I sold two times cheaper. I think it was the last big pump we could ever see.

Someone might say that "I lost faith" but there should be no faith, common sense should be. Let's be frankly. Banks/governments will never use Bitcoin. Instead they will create own scalable blockchains. Normal people will never use Bitcoin. They simply don't need it. This means that bitcoin won't go mainstream and price won't get that high.

Just think how the US government/JP Morgan/BoFA will adapt a currency which majority of emission is held by some kids and cryptopunks. Also 1/21 of coins is held by some anon who calls himself "Satoshi". This is no serious. This is fucking ridiculous.

Comparing bitcoin capitalization with gold's is fucking ridiculous, too. Gold has got history of thousands of years and a lot of applications. Meanwhile Bitcoin is just a virtual asset that's been known for about 7 years and has got very poor applications. What is worse is that bitcoin is not really scalable.

Again. Comparing bitcoin capitalization with facebook's is even more ridiculous. Facebook is a large company that connects the entire planet. Holding Facebook stocks generates huge revenues. Meanwhile BTC is just a speculative virtual asset. Not scalable. Old. Always bloating. Not stable. It's even not decentralized!

Also, such a risk as banning Bitcoin in many countries must be considered. First of all, in China. Chinese government is a totalitarian one and they will finally ban bitcoin if it becomes a problem for them. Just like here, in Russia. European Union will likely ban using of bitcoin someday "to stop ISIS/terrorism financing". The US is not the world. The rest are weak/poor/small countries.

What about the upcoming block halving - price went down when the Litecoin halving happened. Expect the same when the Bitcoin's happens. Don't put into this hype or you will most likely be eaten by whales.

This all doesn't mean the whole crypto scene is doomed. No, absolutely not. I'm sure we will see new much better truly decentralized applications in the near future that will dominate/replace bitcoin. And not just bitcoin.

TLDR: Sell out your BTC; don't rebuy it. Invest in other blockchains. Also, don't get fooled by the "hodl" propaganda that makes you never get a profit while whales do because YOU buy&hold.

it would still be dumb idea to sell bitcoins now when price is small like 650$ only, personally i would wait when price will be larger and then sell
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