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WishIStartedSooner (OP)
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March 28, 2013, 11:36:57 AM |
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This might be real. Or this might be a speculative bubble. I can't tell  I have 3 BTC that i bought below 55. If I sell now, and the price comes crashing down, I could end up with 5, maybe even 6 BTC! But will it? |
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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March 28, 2013, 11:38:10 AM |
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Odds are that, yes, the price is going to come crashing down.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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Faraday
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March 28, 2013, 11:39:43 AM |
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In after proudhon. Op just be glad you don't have a few hundred bitcoin and must make that decision  |
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desired_username
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March 28, 2013, 11:40:51 AM |
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This might be real. Or this might be a speculative bubble. I can't tell I have 3 BTC that i bought below 55. If I sell now, and the price comes crashing down, I could end up with 5, maybe even 6 BTC! But will it? If you need fiat then sell. If not then keep. I suspect your life would not crash if you kept 3BTC in your wallet? |
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WishIStartedSooner (OP)
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March 28, 2013, 11:41:47 AM |
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In after proudhon. Op just be glad you don't have a few hundred bitcoin and must make that decision proudhon says sell, so that means i should wait, right? |
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WishIStartedSooner (OP)
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March 28, 2013, 11:42:52 AM |
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This might be real. Or this might be a speculative bubble. I can't tell I have 3 BTC that i bought below 55. If I sell now, and the price comes crashing down, I could end up with 5, maybe even 6 BTC! But will it? If you need fiat then sell. If not then keep. I suspect your life would not crash if you kept 3BTC in your wallet? this is true. I could sustain a buck fifty loss. id just have to kick my own ass a little bit. |
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VeeMiner
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March 28, 2013, 11:44:38 AM |
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Odds are that, yes, the price is going to come crashing down.
odds are that no, the price is not going to come crashing down. |
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apetersson
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March 28, 2013, 11:46:10 AM |
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It is expected that only 0.003 BTC will be available per human being on this planet. As such it would be only fair if you sell some of your hoard. There are other people who need Bitcoin too. So do the right thing and sell some.
well, we could also drastically reduce the number of humans available so we have more bitcoins per person. the historic average durign the middle ages would be 42 bitcoins per human. |
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WishIStartedSooner (OP)
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March 28, 2013, 11:49:50 AM |
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It is expected that only 0.003 BTC will be available per human being on this planet.
This is a good point. I put my BTC in a cold wallet that's never seen the internet so that it would be harder to sell. That's because I think it's going to become mainstream. I should stay disciplined, not sell, and just buy more if the price dips. DISCIPLINE! |
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WishIStartedSooner (OP)
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March 28, 2013, 11:53:39 AM |
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if it works out buy be a beer a few years down the road, LOL
I will. Are you the same vladimir who sells btc on silk road? |
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mccorvic
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March 28, 2013, 12:02:48 PM |
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In after proudhon. Op just be glad you don't have a few hundred bitcoin and must make that decision proudhon says sell, so that means i should wait, right? This is absolutely correct. |
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Woodcock36
Member
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Activity: 70
Merit: 10
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March 28, 2013, 12:05:47 PM |
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I cashed out a small portion of my coin last night. That said, if I only had 3, I would probably hold on and enjoy the ride. As many have stated, bitcoin is a currency, but it is also a movement, one I plan on being a part of during good times and bad.
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Tip me for glory!: 1FKppwEjrenyhNXC9AHobgtuCcBTSLdnzY
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WishIStartedSooner (OP)
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March 28, 2013, 12:09:28 PM |
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if it works out buy be a beer a few years down the road, LOL
I will. Are you the same vladimir who sells btc on silk road? lol no ok good, cause i think that guys a cop. lol |
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Technomage
Legendary
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Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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March 28, 2013, 12:25:35 PM |
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My suggestion is that sell a portion of your coins if you are torn about the situation. Don't sell everything but holding everything is not necessarily the best plan either.
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Denarium closing sale discounts now up to 43%! Check out our products from here! |
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cbeast
Donator
Legendary
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Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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March 28, 2013, 12:39:19 PM |
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It is going up day after day after day. This may be a speculative bubble, but is is not by any one investor. It is going to be a massive expansion. The speculation however, may not keep up with adoption and may just instead turn into actual growth. It all depends on the feedback loop. |
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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mccorvic
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March 28, 2013, 12:43:09 PM |
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My suggestion is that sell a portion of your coins if you are torn about the situation. Don't sell everything but holding everything is not necessarily the best plan either.
I think when we're talking about 3 BTC, holding may be the best plan as well. Also, has OP looked into actually SPENDING btc? Might be worth their while... |
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oakpacific
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March 28, 2013, 01:22:01 PM |
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If you are really risk-aversive, sell half of you BTCs, and put the fiats you get on loan.
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phatsphere
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March 28, 2013, 01:22:42 PM |
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If I sell now…
If you want to sell, then suggest to buy some coffee, chocolate or a bitcoin magazine subscription. converting back to fiat will only kill the fun for you. |
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Richy_T
Legendary
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Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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March 28, 2013, 04:59:36 PM |
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In after proudhon. Op just be glad you don't have a few hundred bitcoin and must make that decision proudhon says sell, so that means i should wait, right? No. It means sell a kidney for BTC. |
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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March 28, 2013, 07:49:12 PM |
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I sold 20 BTC at $79 thinking it would fluctuate a bit more before hitting $80. I came into work the next day and it was at $88.
I bought back in. I have 2 less Bitcoin than I used to.
How many Bitcoin do you want to lose?
I am fortunate that I only sold 20. I took most of my BTC off of the exchange when it was at $60.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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