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Question: Did you dump the majority of your Bitcoin hodlings before 1st August?
Yes, I am a dorty cheap sellout who will do anything for a trick - 4 (9.1%)
No, I am a noble hodler and no one touchs my bags - 40 (90.9%)
Total Voters: 44

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Author Topic: Are You A Sellout (Or Did You Hodl)?  (Read 1743 times)
Minecache
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July 31, 2017, 08:39:33 PM
 #1

With the 1st of August in mind what actions have taken or not with regards to your bags of Bitcoin?

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Route66Retro
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July 31, 2017, 08:44:26 PM
 #2

HODL (moved to cold storage) and bought one bitcoin last week that I am keeping on Kraken - just for fun.

Losing is not my enemy...fear of losing is my enemy.  -Rafael Nadal
Minecache
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July 31, 2017, 08:49:32 PM
 #3

HODL (moved to cold storage) and bought one bitcoin last week that I am keeping on Kraken - just for fun.
Same for myself. Let's hope we called it right. In it for the longterm.

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July 31, 2017, 08:53:41 PM
 #4

Hodl for me cause theres a big chance that bitcoin will hit 4000$ this year,  its already august first in my country, and here july 31st. We are 8 hours advance. Checked the bitcoin price and find out that bitcoin is still increasing.

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July 31, 2017, 08:55:12 PM
 #5

...

Both.  Bought a little Au (jmbullion.com), HEDL the rest (85% or so).  Also moved most of the rest to hardware from blockchain.info.

Bring it.
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July 31, 2017, 08:55:36 PM
 #6

I sold and bought alts. Not any BCC though  Grin Let's see if I have shot myself in the foot or have made a prudent decision  Roll Eyes

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July 31, 2017, 09:01:56 PM
 #7

With the 1st of August in mind what actions have taken or not with regards to your bags of Bitcoin?

1) Pulled most BTC out of exchanges to make sure I get my BCC

2) Left some BTC on Polo for the lending party (which I hope to get back out just in time for the forking)

3) Got popcorn ready for the crypto event of the year

(why sell my front row tickets if the show is just to get started?)

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July 31, 2017, 09:04:30 PM
 #8

I'll HODL through anything. And I'm in good company doing so.  Cheesy
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July 31, 2017, 09:42:25 PM
 #9

I'm holding, there's a alot of catalyst for bad at the moment, but if you look through the smoke an upgrade to the system is a good thing. This is something we've all been waiting for. For that reason, as long as all of this goes smoothly enough, I see no reason why bitcoin won't continue to rise.

Especially since the vast majority of users have absolutely no clue whats going on behind the scenes lol. They are just spooked because they see people (you guys) smarter than them debating things they don't understand.

Bitcoin climbed a wall of worry since 2015, the US/world is in worse shape than when they held the Brexit vote with interest rates rising, a US President that no one trusts, a government in stale-mate, the removal of Dodd-Frank, grandiose plans to change the tax code (he will never get it past Congress/Senate, causing all of the stocks that rose because of these plans to fall), the FED beginning to offload it's balance sheet, and stocks outpacing their YoY earnings growth rate.

QE & Low interest rates were the single biggest drivers of US stock market demand for the last almost 9 years now, to think it will rise without it at these valuations is delusional. If we thought investment companies were "extravagant & overly risky" in 2008 we need to take a hard look at our current situation, because the amounts involved this time around are 5x bigger.

I'd imagine it will be catalysts from OUTSIDE of bitcoin that will be bitcoins boon, and a tech upgrade right before this happens is best case scenario imho.  If we have a flood of people coming to the network to escape their countries financial woes, it will be a good thing to have a more robust system(s) at that time.

I'm holding. I will be holding both chains. There's no reason to pick one over the other when no one knows how this thing is going to go... holding both removes the risk of being left behind after choosing one chain over the other.

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July 31, 2017, 11:48:43 PM
 #10

Tell me at least one serious reason why I would have to sell my btc? Contrary, if I had money in reserve, I would buy more bitcoins. Now I'm hodling all my bitcoins. I'm absolutely calm about that. Offcourse, I withdrawn all my bitcoins from exchanges to receive Bitcoin Cash. Hope also to get benefits from BCC in short term Smiley

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July 31, 2017, 11:59:57 PM
 #11

I think there are 4 people in this situation.

1. Those thinking long term can HODL with no issues. Safe if you are happy with your current stash

2. Those holding to get some free BCC to then sell (possibly keep). Pretty silly if that's your only reason as the price will tumble, most likely way before you have received your airdrop and managed to get it onto an exchange to sell.

3. Those selling and buying ALTS. I wouldn't do this at all, we have seen how alts fall when the BTC market is volatile, IF BTC falls so will all alts as people will panic, its always the reaction and guaranteed to happen.

4. Those that sold and are sitting with FIAT to see what happens, personally a smart move and what I am doing. If the price drops you get more BTC (or other alts). You don't lose Profit. If things stay strong then you buy back in. No matter what you buy back in at your money is still worth the same and BTC isn't suddenly going to fly to the moon, will just stay stable and grow when people move back on, plenty of time to see whats what.

number 4 sounded like the best option for me, rather not lose profits (even if it does recover) and happy to lose .1 .2 of a BTC if I buy back in seeing its moving upwards not downwards....
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August 01, 2017, 12:02:19 AM
 #12

Im saving my bitcoin even  whatever happens., i bought some of it last bitcoin price went down and hodl it. Never came out on my to sell this time cause im confident bitcoin price will be in a rampage after a few weeks.

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August 01, 2017, 02:55:35 AM
 #13

For facing today, i do hold some bitcoin for stock and few others i do exchange to alt, and sold some to fiat, for to see how price tomorrow will react and where to pump it.
Since some exchanges closed about 24-48 hours, we can't doing anything for those time.

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August 01, 2017, 03:06:28 AM
 #14

I am a noble hodler. I believe that there is more to see from Bitcoin. Yes, there are lots of bad news about it recently but it will not affect my hopes that Bitcoin still has lots to prove and if I just believe on it, it will make me rich in the future just like what it did on some people. Don't get affected by the negative news that you see or hear. Always trust your instincts and knowledge so that, you will have no regrets.

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August 01, 2017, 03:09:17 AM
 #15

Not that I have a whole lot to begin with,  but I kept what I have in my Mycelium wallet.  I'm still curious as to what exactly is going to transpire woth BCC and if I'm getting any.  I think I know what's supposed to happen,  but I'll believe it when I see it.

The genesis block is getting an equivalent amount of BCC too, right?  That's a crazy concept to me.

Anyway in the past 2 years I've constantly regretted selling and spending bitcoin.  I'm doing my best not to hold simply for this fork, but to just hold for the sake of holding.  Hasn't been long sonve I last bought something,  but so far so good.


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August 01, 2017, 03:13:47 AM
 #16

OP, what everyone is doing is buying more Bitcoins. Why you think the price is trying to break new highs again? Everyone wants their share of BCH and planning on dumping it the moment they have it.

If that is what they are doing then a good plan would be to hold and wait for a better price to sell.


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August 01, 2017, 03:15:49 AM
 #17

...

Both.  Bought a little Au (jmbullion.com), HEDL the rest (85% or so).  Also moved most of the rest to hardware from blockchain.info.

Bring it.

almost the same.

some silver

some to cash

most to my core wallet.

Please support sidehack with his new miner project Send to : 1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
I mine alt coins with https://simplemining.net I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.
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August 01, 2017, 03:23:31 AM
 #18

These are exciting times right now and I hope everything turns out well after the BCC split. Other than what I needed to sell, I basically just held on to what I have and just wait around and see how this BCC is going to make an impact on the price of bitcoin, if at all.


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Kakmakr
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Activity: 1134

★ ChipMixer | Bitcoin mixing service ★


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August 01, 2017, 06:04:00 AM
 #19

I Hodl no matter what. If Bitcoin goes to the Moon, like we all said it would, I want to be in the driving seat. Bitcoin has just been going through a "scaling" exercise and this will improve the technology even further, which might lead to increased adoption.

The price of Bitcoin will reach much higher levels now, so it would be stupid to sell now. You will also miss out on the free BCC coins to boost your Bitcoin holdings, when you sell them. ^smile^

Thekool1s
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August 01, 2017, 06:08:02 AM
 #20

With the 1st of August in mind what actions have taken or not with regards to your bags of Bitcoin?

Well i be holding my bag on 1st of Aug and I have recently decided to not to touch my some bitcoins for atleast 20 years, I have forgot about them. Will be Interesting to see what happens on 1st Aug, But holding is the right option, Unless you are gambler you can afford to take the risk on 1 Aug and supposedly make a profit from it.

   
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