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Author Topic: Who is getting out?  (Read 2832 times)
thirdprize
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March 22, 2017, 04:36:56 PM
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Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink

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K128kevin2
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March 22, 2017, 04:41:25 PM
 #2

I doubt that Ver forking to make his own chain is going to impact the value of Bitcoin that much, especially in the long term. If it does dip significantly I'll just use that as an excuse to buy some more.
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March 22, 2017, 04:52:47 PM
 #3

Well, if you want to keep your wealth in the short term best bet is to cash out as soon as possible, big whales already done it in the beginning of the month, bitcoin is going down, if split happens, it is going way down...

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March 22, 2017, 04:58:31 PM
 #4

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink

i'm not it's all fud to make people like you starting to panic sell their coins, i'm holding tight my coins, at worse the fork will only double my amount, which can only be good

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March 22, 2017, 05:02:20 PM
 #5

It is your choice. I am keeping mine. I also think that bitcoin price may crash when the fork happens but I believe bitcoin is the better cryptocurrency. It will come out of this stronger, so I am betting my bitcoins to that.


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March 22, 2017, 05:04:47 PM
 #6

Hahahahahahaha.

Do you have any idea how many times speculators wanted to kill Bitcoin so far? At least dozen.

Let me tell you one thing, you cannot kill $20 billion industry. Not anymore.

AngryDwarf
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March 22, 2017, 05:09:12 PM
 #7

I'll just hold and see what happens long term. Nether put any fiat into BTC, so not worried if it turns into the Zimbabwe dollar. If it turns into a future viable valuable currency then great. Nice little retirement fund in that case.

If a contentious fork does happen, I expect the markets to go 2008 banking crisis style. Smalltime 'clever big boy pants' leveraged traders are highly likely to get wiped out in the volatility. Some of them will quit trading. Others will become better traders. But I for one will just stay out of it and let the real economic powers fight it out between themselves. The real winner may not be known for many months or years, so I'll just hold onto pre-fork coins rather than try to be clever with them out of greed.

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March 22, 2017, 05:18:08 PM
 #8

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink

We here are legends, not affected by small obstacles  Grin
Hard fork always has small term impact on prices. The price will turn other side soon due to other future contingencies. I personally use Bitcoin as currency, not investment. So I am generally unaffected by such price fluctuations.

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March 22, 2017, 05:26:19 PM
 #9

Hahahahahahaha.

Do you have any idea how many times speculators wanted to kill Bitcoin so far? At least dozen.

Let me tell you one thing, you cannot kill $20 billion industry. Not anymore.

Really? Is that so?






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March 22, 2017, 05:27:05 PM
 #10

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink

Hard fork can not wipe out Bitcoin, the only set back is the crash in price and this I don't expect it to last. I won't advice you not to cash out but just make sure you way both sides properly

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March 22, 2017, 05:38:23 PM
 #11

Trying to make some cheap money off of FUD and decreasing prices?

No, I am not going to cash out. Bitcoin will persevere, at least for now. There is way too much money invested into Bitcoin and way too many enthusiasts supporting it for it to fail just yet.
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March 22, 2017, 05:47:44 PM
 #12

Bitcoin isn't going anywhere, if anything it might be worth holding for the split and then you can decide to hold or sell either coin, many of the exchanges will be treating unlimited as an altcoin initially, interesting times lay ahead.

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March 22, 2017, 05:49:27 PM
 #13

I was thinking of doing so but then i realized i only hold %2 as bitcoins. So i got my coins back in my electrum wallet. A hard fork is an opportunity for me to double my bitcoins. Losing a few bucks while waiting isn't a big deal. I won't cash out till i become desperate for fiat.
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March 22, 2017, 05:52:17 PM
 #14

Ive never sold any bitcoin ever and this current dramas wont be making me sell any either. All this panic is good for getting rid of weak hands and i will be glad to see the price rise and lock out most of these people who should have just trusted in bitcoin and held their coins.

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March 22, 2017, 05:58:39 PM
 #15

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink
I think possible hard fork is still way far so no need to worry about. Bitcoin unlimited dev is still dealing with a bug that has been found few weeks ago and it is possible that there will be lot more bugs in their code which need to be fixed before they think about splitting the network with hard fork.

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March 22, 2017, 06:03:20 PM
 #16

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink

I don't think you understand what a fork is. Let me draw you a diagram.

Y

Incase that didn't get through to you, you'll own just as many bitcoins as you did before. You'll just own two different kinds of bitcoins. If the price drops then you've lost brain dead sheep to the slaughter. It's not a big deal.
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March 22, 2017, 06:04:29 PM
 #17

I only have small amount of bitcoin so I'm not cashing out. But if ever I have a good amount, I will still not getting out. I still have fiat anyways, I think you are just carried away by the spur of the moment. But then again its your call, we can't make decision for you. I saw a lot of community members are also not bailing out. I guess you are listening or reading too much FUD that makes you cash your bitcoin.

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March 22, 2017, 06:39:48 PM
 #18

its a very uncertain time.  Certainly risk to holding, but also huge opportunity cost if you sell because
once the tension resolves itself, bitcoin could see a huge spike and you'll be forced to buy back in
at a much more expensive price.

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March 22, 2017, 06:39:59 PM
 #19

Hold BTC

Sell BTU

Buy BTC dip
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March 22, 2017, 06:47:50 PM
 #20

I'll just hold and see what happens long term. Nether put any fiat into BTC, so not worried if it turns into the Zimbabwe dollar. If it turns into a future viable valuable currency then great. Nice little retirement fund in that case.

If a contentious fork does happen, I expect the markets to go 2008 banking crisis style. Smalltime 'clever big boy pants' leveraged traders are highly likely to get wiped out in the volatility. Some of them will quit trading. Others will become better traders. But I for one will just stay out of it and let the real economic powers fight it out between themselves. The real winner may not be known for many months or years, so I'll just hold onto pre-fork coins rather than try to be clever with them out of greed.

Like You, I'm staying put and I'm keeping my Bitcoins in my Priv-Key owned wallet. If peradventure, A Hard fork eventually happens, I'm choosing the Majority in such situation.

This Bitcoin Hard fork situation is creating too much panic, A hard fork as this kinda time could end Bitcoin. Let's see how it goes.


Hard fork can not wipe out Bitcoin, the only set back is the crash in price and this I don't expect it to last. I won't advice you not to cash out but just make sure you way both sides properly


There's one thing I'm sure of. If the hard fork doesn't wipe out Bitcoin, It'll definitely scare People, Not just from Bitcoin, But from Cryptocurrency. I really can't believe Bitcoin is the subject of matter for a hard fork. A split in the network would be fatal.


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