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Author Topic: Who is getting out?  (Read 2832 times)
Indrawan77
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March 23, 2017, 11:12:45 AM
 #41

I definitely still going to used bitcoin,  I know people will still believe in bitcoin, I know we will a crash price when the forked happened but bitcoin still have so many room to grow, so if a lot of people believe bitcoin will survive then bitcoin will survive and become bigger in the future

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March 23, 2017, 11:30:24 AM
 #42

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.
I agree with you,
Hold ours bitcoins is the best option now. I Believe in cryptocurrencies and I trust it. Bitcoin never will be killed. Many speculators want to kill it, but i thing they can't. Day by day, people trust bitcoin and starting using it. so I don't see any ways to kill bitcoin even if the price crash when the fork happens.

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March 23, 2017, 11:59:35 AM
 #43

No need to pull out. It will fluctuate up and down.
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March 23, 2017, 12:04:10 PM
 #44

if i wanted to "pull out" with the first stupid FUD that i hear i wouldn't have lasted this long and i certainly could never make this much money from my bitcoin investment.
in the long term bitcoin always wins and always will remain bitcoin. nobody can change that and take that from us. because we are bitcoin and we are decentralized.

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March 23, 2017, 12:28:32 PM
 #45

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.
Yeah, but one is going to continue and the other will shrivel up and die.  It isn't up to us, it is up to the big mining groups.  If they go to BTU then BTC transcations will take even longer to process.  Whichever gets 51% of the miners will have won. 

Then five years down the line they fork again.  What then?
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March 23, 2017, 12:31:04 PM
 #46

It will happen that the price of bitcoins may go down a lot for the fork .but it is not worth it to sell the bitcoins now as the price is low .if for small profit and u want the money right away .i would say get it, otherwise keep it to urself. As this is a huge industry it is not easy to get it away with .
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March 23, 2017, 12:42:20 PM
 #47

I dont have much bitcoin but what I did is still saving nor not cashing out my btc.  I believe bitcoin price will pump or rising again it will. Im lose if I would sell it, instead I would holding it then.

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March 23, 2017, 01:54:14 PM
 #48

I think if ever crash came to bitcoin, it will just bring in more people to the community.  Since many can buy bitcoin at discounted price.  It will recover  once the network stabilize.  If you have lots of money I suggest to buy more but if it produce two chain then better to choose which one is stronger and more stable.

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March 23, 2017, 02:02:06 PM
 #49

There will always be something out to 'get' us. That's the nature of being in on something during its nascent days.

The $1 buyers faced the very real prospect of it returning to nothing. The $1000 buyers have a whole buffet of scariness to choose from. The $1 people did rather well in the end despite the uncertainty. The $1000 people may do as well but they won't unless there's some skin left in the game.

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March 23, 2017, 03:10:59 PM
 #50

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?







he is right, you can't kill a 20B decentralized indistry, don't compare it to various business that were worth more but went bankrupt, centralized business are more prone to fall for obvious reason

if miners decide to be an hasshole and disrupt bitcoin, dev core team have already put into account the possibility of changing the algo, and i like this idea

if they changed the algo since the beginning continuously, to not allow asic, we would sit on a more decentralized nethash, that was a mistake in my view

There's no such thing as "too big to fail" or we would all be living in the Roman Empire.

I don't actually think bitcoin will fail outright. It's more likely to be co-opted into something else. Big business and greed have an amazing power to mutate even the most resilient products and concepts into something unrecognizable to the original architect. History is full of examples.

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March 23, 2017, 03:25:18 PM
 #51

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?







he is right, you can't kill a 20B decentralized indistry, don't compare it to various business that were worth more but went bankrupt, centralized business are more prone to fall for obvious reason

if miners decide to be an hasshole and disrupt bitcoin, dev core team have already put into account the possibility of changing the algo, and i like this idea

if they changed the algo since the beginning continuously, to not allow asic, we would sit on a more decentralized nethash, that was a mistake in my view

There's no such thing as "too big to fail" or we would all be living in the Roman Empire.

I don't actually think bitcoin will fail outright. It's more likely to be co-opted into something else. Big business and greed have an amazing power to mutate even the most resilient products and concepts into something unrecognizable to the original architect. History is full of examples.

I agree, it will most likely fall at a show phase, it will not outright die just like that if there would be a fork. Maybe what could happen is that the fork dies and bitcoins goes on. It would really depend on how well the users will perceive the fork. For me, I would stay with it right now and not really do anything drastic for now.

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March 23, 2017, 03:39:04 PM
 #52

As I'm already aware that investing bitcoin is risky things means better to invest gold than bitcoin because the value still unpredictable compare gold value. But for profit making, bitcoin almost able to compete with gold , sometimes more over than gold profit potential.
But for me personally, I will keep most of my bits until next halving

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Kprawn
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March 23, 2017, 03:40:30 PM
 #53

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

A bunch of clever people wants you to panic and wants you to sell. They know where this is going and they are buying up all the "PanicCoins"

when people like you are running away from Bitcoin. Bitcoin was developed in this way for competing technologies to "battle" it out for

supremacy and if you want to run away when this happens... then you missing the whole point of this.  Grin

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pinkpanther03
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March 23, 2017, 03:48:16 PM
 #54

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.
I think its been so many, many times that bitcoin will die, bitcoin is dead, or kill bitcoin but still does they're speculations happen? Of course not! instead, bitcoin is becoming more agrresive to increase though the value so far was dropped, but no worries.

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March 23, 2017, 04:03:19 PM
 #55

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

A bunch of clever people wants you to panic and wants you to sell. They know where this is going and they are buying up all the "PanicCoins"

when people like you are running away from Bitcoin. Bitcoin was developed in this way for competing technologies to "battle" it out for

supremacy and if you want to run away when this happens... then you missing the whole point of this.  Grin

from Kprawn said, i think this why we can see the price is always changing over and over in a day and its really makes panic buying and selling in the market. maybe the big player was battle with the other big player and we can only follow from what happen in the market as if we are not follow then i think we are hard to make profit too from this situations. i don't know who is getting out but i think people which have big amount will stand as the winner, maybe.

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March 23, 2017, 04:07:59 PM
 #56

Who else is cashing in before the fork wipes out Bitcoin?  I don't have much but will quit while I'm ahead.   Wink
Even emergency fork of Ethereum didn't kill that altcoin and now ETH is stitting pretty on 4x pre-fork value.
So why do you think that planned and well done bitcoin's fork will destroy the asset?
Mass dump will create entry point for new investors anyway, so be my guest.
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March 23, 2017, 04:13:21 PM
 #57

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.
No, one side will die and the other will remain, simple as that, no wipe outs and there's no reason for people to be scared. Bitcoin was designed to be upgraded with hard forks.
What's certain is that the correct solution (SegWit or BU) will remain and be used, while the other will die out.
Even ETH is doing fine, that situation was far worse.
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March 23, 2017, 04:18:41 PM
 #58

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.
You wouldn't have to choose a chain, your coins will be on both. If you spend them together with newly mined coins that exist on that chain only, there is no risk of your transaction appearing on both chains.

I prefer to get bigger blocks without a fork, but if it's going to take a fork, it may be a good thing for Bitcoin if it can finally handle more transactions.

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March 23, 2017, 05:25:44 PM
 #59

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?







he is right, you can't kill a 20B decentralized indistry, don't compare it to various business that were worth more but went bankrupt, centralized business are more prone to fall for obvious reason

if miners decide to be an hasshole and disrupt bitcoin, dev core team have already put into account the possibility of changing the algo, and i like this idea

if they changed the algo since the beginning continuously, to not allow asic, we would sit on a more decentralized nethash, that was a mistake in my view

There's no such thing as "too big to fail" or we would all be living in the Roman Empire.

I don't actually think bitcoin will fail outright. It's more likely to be co-opted into something else. Big business and greed have an amazing power to mutate even the most resilient products and concepts into something unrecognizable to the original architect. History is full of examples.

well i didn't said anything about being big and fail on my post, i just said that since bitcoin is decentralized it will not fall, because there will be always supporters around the world, not comparable with centralized entity

you can't kill bitcoin, if the value is destroyed to an irrecoverable point, you just begin from zero, you can always start again, that's the beauty of it it's selfsustaining

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March 23, 2017, 05:32:17 PM
 #60

This is the problem that this chaos is going to do. I am sure it is not just him who is thinking like this. How are we suppose to prevent this panic selling.
Even the low holders can affect the value of bitcoin once they are sold.
Even those who just have a million of satoshi, if they are many it can create a bitcoin or more.
This should not end like this for you dude. Just keep looking and dont let the news of those BU or whatever comes makes you regret it in time.

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