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wizardee
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July 27, 2017, 09:25:12 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
Most people are holding into their bitcoins waiting for a price rise. Due to popular demand, we can see this developing before our eyes. It can easily be classified as just an asset for all these people, and it is a very safe investment too. The only problem with holding bitcoin is that if too many people do it, it will restrict the market flow and the total amount of bitcoins traded on a daily amount. But holding bitcoin on a consumer level is highly advised on my behalf. |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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Dudeperfect
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July 27, 2017, 09:31:41 AM |
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I won't and can't tell that why the next guy is holding his bitcoins but I am personally holding bitcoins for the long term. I see a very optimistic picture of bitcoin and a tremendous scope of it in next few years. However, I am completely aware that anything might go wrong and bitcoin might not be worth 1 million even in next 10 years and thus I have invested and held 50% of investment in it. As far as short term volatility is concerned, I don't think it is relevant to the long term investment planning.
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googlebtc
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July 27, 2017, 09:33:57 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
I think many people hold the bitcoins because bitcoin's price will be more expensive in the future, bitcoins be considered as new digital gold and digital asset, bitcoins can protect their whealty from inflation so they hold bitcoins for long time. It's really what you are saying now that many people who want to hold bitcoin because bitcoin prices will be more expensive if we invest long-term and take advantage of bitcoin results. |
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SonyEricSon
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July 27, 2017, 09:48:50 AM |
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The reason is that the potential rise in bitcoin prices to rise is huge, so some people opt for long-term investments with bitcoin.
You can see bitcoin graphics year after year, you will understand why
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LeeMinHoa
Member
 Offline
Activity: 94
Merit: 10
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July 27, 2017, 11:31:08 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
bitcoin holder are risking thier coins expecting that after August 1 2017 it raise the value in higher amount or double it. In my own opinion because of growing demand of bitcoin it will reach up to $4000.00 at end of 2017. |
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Reid
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July 27, 2017, 11:41:52 AM |
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A good challenge for themselves.
We know many have been impatient on what will be the outcome of bitcoin after more years.
If there is still someone who bought bitcoin at just hundreds of dollars then I believe the patience he have been through is enormous.
The way the market of bitcoin goes up and down makes you panic specially when it is going down.
Just keeping at a hold of all the coins you have in your wallet is being optimistic of what will bitcoin could be in the future.
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mysacrifice
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July 27, 2017, 11:43:47 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
bitcoin holder are risking thier coins expecting that after August 1 2017 it raise the value in higher amount or double it. In my own opinion because of growing demand of bitcoin it will reach up to $4000.00 at end of 2017. if holders doesn't do the risk management here then it is just gambling. if you know that is it no problem, if holder is not aware of it then it is the problem. |
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TheFriends
Member
Offline
Activity: 182
Merit: 10
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July 27, 2017, 11:51:19 AM |
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Maybe because in the near future the adoption will be real!
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ubercool
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July 27, 2017, 11:51:32 AM |
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Its always a risk to hold your Bitcoins but the question is that it is worth or not.?
If you see the graph of BTC price then you will come to know that it has always increased from its previous top value from time to time, hold them till it reaches moon, simple.
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carlerha
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July 27, 2017, 12:01:44 PM |
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What makes people compel to hold the in this critical situation? What are they waiting for? Any good reason?
Most people are holding into their s waiting for a price rise. Due to popular demand, we can see this developing before our eyes. It can easily be classified as just an asset for all these people, and it is a very safe investment too. The only problem with holding is that if too many people do it, it will restrict the market flow and the total amount of s traded on a daily amount. But holding on a consumer level is highly advised on my behalf. yes that is right that the only reason for which people are using bitcoin is for price increase, may be very little number of people are using bitcoin for trading and other purposes as some people holding bitcoin to use if for shopping etc. |
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knightmairesaint
Sr. Member
Offline
Activity: 490
Merit: 262
privacy preserving smart contracts and beyond
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July 27, 2017, 01:17:16 PM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
bitcoin holder are risking thier coins expecting that after August 1 2017 it raise the value in higher amount or double it. In my own opinion because of growing demand of bitcoin it will reach up to $4000.00 at end of 2017. Right, that is possible. With the segwit coming, the market price of bitcoin will surely rise. The news about the segwit and splitting that are announced to happen in August 1 have greatly affect many bitcoin user. It has caused panic selling that result to the market price of bitcoin to go down easily. It is a good thing that the bitcoin has recovered easily. But since the news was changed and that an upgrade is what is going to happen in Aug 1, it will surely be helpful by making the bitcoin’s price higher. People are still holding because they believe that the price of it will continue to get higher in the future. |
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Omega Weapon
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July 28, 2017, 12:48:57 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
In the drop of bitcoin a lot of holders just sell there bitcoin but other dont want to be like that they can sell there bitcoin in a dump price in the market because they will not earn any profit in that situation so they will just hold and wait until the second time pump. If a holder sell his bitcoin he is not a holder, especially if he sells for a loss, it is very easy to hold when things are right but it is when your investments are underwater where the real determination of the holder is put at test, that is when we must hold if you don’t and sell then you are going to get losses and I do not know about you but I’m in bitcoin to get earnings and not losses so the only thing to do at that point is to hold. |
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Star_Bucks
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July 28, 2017, 01:04:24 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People end up holding their bitcoin due to the suddend drops that happens unpredictably. There was a time way back 2013 where the price of bitcoin dropped so low that it made some of the people o bitcoin sell their bitcoin because of depression and disappointment. Those who hold their bitcoin that time and waited for the bitcoin to recover have gained a lot more. For a conlusion, they hold their bitcoin because they believe it will still go high and it will be more beneficial. |
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Russlenat
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July 28, 2017, 01:14:07 AM |
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What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?
People end up holding their bitcoin due to the suddend drops that happens unpredictably. There was a time way back 2013 where the price of bitcoin dropped so low that it made some of the people o bitcoin sell their bitcoin because of depression and disappointment. Those who hold their bitcoin that time and waited for the bitcoin to recover have gained a lot more. For a conlusion, they hold their bitcoin because they believe it will still go high and it will be more beneficial. Yes that's true! there are good benefits of holding bitcoin for such a long time, this technique of holding bitcoin is good even the bitcoin price will drop now because we all know bitcoin price will go skyrocket again soon and maybe in 2018 it can reach to $3k+ USD. |
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sobsitesearch
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July 28, 2017, 01:14:41 AM |
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Its always a risk to hold your Bitcoins but the question is that it is worth or not.?
If you see the graph of BTC price then you will come to know that it has always increased from its previous top value from time to time, hold them till it reaches moon, simple.
Bitcoin is worth it there is no question about that. Yes bitcoin is very risky investment we do not know what will happen in the future but if you do not want to take a risk just full out your bitcoin in your wallet since there is a bad prediction on segwit only risk taker will hold the bitcoin and i am one of those users because i beleived in bitcoin. |
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Caladonian
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July 28, 2017, 01:31:13 AM |
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Its always a risk to hold your Bitcoins but the question is that it is worth or not.?
If you see the graph of BTC price then you will come to know that it has always increased from its previous top value from time to time, hold them till it reaches moon, simple.
Bitcoin is worth it there is no question about that. Yes bitcoin is very risky investment we do not know what will happen in the future but if you do not want to take a risk just full out your bitcoin in your wallet since there is a bad prediction on segwit only risk taker will hold the bitcoin and i am one of those users because i beleived in bitcoin. its still depend in what will be the result of this segwit but for sure people hold bitcoin because they seen big potentials that this system will rise after businessman and investors start to join the ride, people loves to to take risk are the one who gain big profits. |
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RayvenPierre
Full Member
Offline
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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July 28, 2017, 07:13:44 AM |
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Its always a risk to hold your Bitcoins but the question is that it is worth or not.?
If you see the graph of BTC price then you will come to know that it has always increased from its previous top value from time to time, hold them till it reaches moon, simple.
I totally agree with this and bitcoin is constantly and totally increasing in value. |
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Bacotan Bae
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July 28, 2017, 08:04:04 AM |
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At first I was curious about the number of news about bitcoin, even many countries forbid the use of bitcoin because it is prone to use for crime (tax evasion, money laundering and so on).
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kodes88
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July 28, 2017, 08:24:26 AM |
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nowdays,i think there are 2 kind of people who hold bitcoin,first are they who learn from the past,that bitcoin price continue rising each year,and second they are who read many article about bitcoin future,they just believe that bitcoin will reach higher price thn now,so its depend on you,which side you are. i'm the first one,i learn from experience.
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Farma
Legendary
Offline
Activity: 2520
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
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July 28, 2017, 08:32:04 AM |
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nowdays,i think there are 2 kind of people who hold bitcoin,first are they who learn from the past,that bitcoin price continue rising each year,and second they are who read many article about bitcoin future,they just believe that bitcoin will reach higher price thn now,so its depend on you,which side you are. i'm the first one,i learn from experience.
Well, sometimes, the person who keeps or holds bitcoin has only one purpose, that is waiting for the price to go up. I think that's part of the investment, because then, they can exchange their bitcoin with fiat, when the price goes up. And most, they are eyeing it |
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