1 Bitcoin (2000-3000$) Worths 1 Carat Diamond - Don't Sell Your Bitcoins

[Memento]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

[HongKong]

Maybe the coins will get a high price because the people can't transfer via blockchain.

[paffie]

I'm a bit confused as to what your first sentence has to do with the second one...

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

at the moment, 1 BTC = $1206, i don't know the diamond prices tough, but a bitcoin is certainly not worth $2k-$3k at the time of writing.

I created this thread to ask why it's better to not sell your Bitcoins?

personally, i hold my coins in the hope the price will rise in the future.

[Zadicar]

Most of us does really hold off to our bitcoin and would not tend to sell off and we would wait for the highest price that could possibly bitcoin would reached but there are really people will surely secure their profits specially to those traders who do like to see profits on shorter times.

[Idrisu]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

Today, bitcoin is trading at $1200 and I expect the price to get to 2000 dollar if the ETF get approved by security and exchange commission. Op thank you for open this treat as we would be following it to see what became bitcoin in nearby future. The best advice to give investors now is buy and hold bitcoin.

[Pursuer]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

1 bitcoin worth IS about $1200. if it were higher, it could have been worth $2000-$3000 like 1 carat (?) diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

because you should start thinking about bitcoin more as a currency, and start seeing it as a peer to peer decentralized cash that nobody can restrict.

then about selling, I have to say, it is because bitcoin has lots of potential to go up in price. and what you can see today as $1200 will be way too cheap in a couple of years, just the same way $450 last year and $220 the year before than and $0.1 at the beginning was way too cheap.

[paul gatt]

Most of us does really hold off to our bitcoin and would not tend to sell off and we would wait for the highest price that could possibly bitcoin would reached but there are really people will surely secure their profits specially to those traders who do like to see profits on shorter times.

you're right, most people are waiting and wants something better. That is the price of Bitcoin will continue to increase. And I am concerned, if Bitcoin rise to too high, people will be rushing to sell. This will greatly affect its value, even market crisis. when everyone sells Bitcoin, its value will disappear. Input output and stability which is a condition for development Bitcoin

[Amph]

dude just look at the marketcap, it's a joke yet, bitcoin should be worth in the hunderd billion at least not 20B or less, the price will be much higher

current value is still the beginning, people are still not aware about the limited supply of bitcoin, i see users on the web thinking that bitcoin can 't grow because it is unlimited

probably the rumors about removing the 21M cap created some confusion

[xskl0]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

Because it can go higher 

[Pettuh4]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

Because it can go higher 

It can go higher but I doubt if it will get to $3,000 any time soon as that'll require a massive pump and Bitcoin is already going through some tough times with confirmation times and transaction fees. If these drawbacks can be resolved soonest then I have no doubt it can get to the price of diamond.

[asuryan180]

Anybody is free to do what he thinks is best for him,I don't think there is a universal approach to this situation-maybe someone needs cash and for him it is neccessary to sell his BTC,but overall I think it is a good idea that if you can afford it,it is better to hold for now and don't sell any BTC because who knows what might happen in the next weeks,Btc has big potential but whether it will live up to it-we shall see

[ged00u]

well, the price now is $1160 and it is still a long way for bitcoin to reach $2000. We all know that Bitcoin is good, but I doubt that It can reach that price in this year. There are still many things against Bitcoin and the possibility of banning Bitcoin in china is very high. If the Chinese government decide to being strict to Bitcoin and other cryptos, it can be the end of Bitcoin since most of Bitcoin and mining farms are located in this country.

[LittleBitFunny]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

Because it can go higher 

It can go higher but I doubt if it will get to $3,000 any time soon as that'll require a massive pump and Bitcoin is already going through some tough times with confirmation times and transaction fees. If these drawbacks can be resolved soonest then I have no doubt it can get to the price of diamond.

Yeah what people don't seem to realise is that for Bitcoin's value to go up there needs to be more demand for them and less people willing to sell.  If there's more demand then there will most likely be more transactions - with the current problems with block size etc it's pretty unlikely this will do much good.  If anything it's just going to get harder to transact which will make Bitcoin less accessible to ordinary people, which is terrible for Bitcoin.

[sportis]

1 Bitcoin worth is 2000-3000$ like 1 carat diamond.

I created this thread to ask why it's better to not sell your Bitcoins?

If you compare diamonds and bitcoin that means you see it (bitcoin) as commodity. I have a different view because I see it mainly as currency and after that as commodity. Currently, there are some hassles use it payment medium instead of fiat like as a limited number of bitcoin friendly stores, network confirmation time and people awareness about cryptos in general but I am confident in the future more and more people use it to buy/sell things and services.

[severaldetails]

I think the main reason why not to sell bitcoin is the potential it has.
How many people might be using btc at the moment? Maybe a little bit over 5 millions?
And the price has developed from nearly nothing to over 1000 dollar within not even 10 years.
When you think of a world population of 7.5 billions, the only word that comes in my mind is 'potential'.

[szpalata]

It's better to sell at some times but not all the time for sure. It's always good to trade margins and spot opportunities and exploit them as and when you can because that's the only way you can determine if you are making profits or not. If you keep holding your bitcoins with the hope of making profits in the long run you might have the need ( in times of emergency) to sell at a time the prices wouldn't be doing so well on the market and you'll lose.

[newfidegm]

You should look here: https://price.bitcoin.com/
In my opinion, the bitcoin's price is raising very very fast. I hope it will reach at $2000 this year. In the future, you can take more and more money by the fast raising of bitcoin.

[Amandier]

I will hold my little fraction of a Bitcoin until one Bitcoin is worth at least 5000$, and that is what I recommend you !

[dothebeats]

1 bitcoin is currently trading at $1200+ dollars right now and is far off from $2000-$3000 as to what your initial sentence is. You're right, holding on to bitcoin right now is really the best thing to do since most of us bought in @ $400-$500 hoping that these prices would soon go up (which really happened after a few couple of months.)

[asdalani]

I will hold my little fraction of a Bitcoin until one Bitcoin is worth at least 5000$, and that is what I recommend you !

You may have to hold your coin for a very long time for that to happen.