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Author Topic: Ingenious HODL tactic.  (Read 183 times)
Crypto Piece (OP)
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December 13, 2017, 02:14:18 PM
 #1

Simply send all your holding coins with a low transaction fee. This will make it easy to hold them for a couple of weeks.  Grin Is anyone doing this?

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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shamzblueworld
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December 13, 2017, 02:36:49 PM
 #2

Simply send all your holding coins with a low transaction fee. This will make it easy to hold them for a couple of weeks.  Grin Is anyone doing this?



Why would anyone want to do this? Isn't just keep them in the wallet a better option? Why would you want to risk it?
Are you doing this? Why?
stompix
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December 13, 2017, 10:51:43 PM
 #3

Simply send all your holding coins with a low transaction fee. This will make it easy to hold them for a couple of weeks.  Grin Is anyone doing this?



Why would anyone want to do this? Isn't just keep them in the wallet a better option? Why would you want to risk it?
Are you doing this? Why?

It's like a fat guy putting a locket on his freezer and throwing the key, or cutting your cc card to make sure you don't go on an x-mas spending spree.

It's good for people with low determination to keep doing or keep from doing stuff.
But just like in my examples it's nothing bulletproof.

If he panics he will re broadcast the tx with a higher fee to get the coins to the exchange to sell them.Simple.
But all that said, I must award him one satoshi for ingenuity.

.
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mocacinno
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December 13, 2017, 10:56:12 PM
 #4

you can use locktime for this to, altough nobody is stopping you from doublespending the unspent output that was used as an input for the low fee/locked transaction... So the whole thing would be rather pointless.

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bougieboyy
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December 13, 2017, 11:43:30 PM
 #5

I really would hope if you are disciplined enough to invest in bitcoin that you would be able to resist selling off if you didn't plan on it for a long time lol. You're screwed from the start!
JTPhotography
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December 14, 2017, 12:13:11 AM
 #6

Simply send all your holding coins with a low transaction fee. This will make it easy to hold them for a couple of weeks.  Grin Is anyone doing this?



Why would anyone want to do this? Isn't just keep them in the wallet a better option? Why would you want to risk it?
Are you doing this? Why?

Sarcasm. Learn it. Love it. Live it.
UCHCHILD
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December 15, 2017, 01:32:21 AM
 #7

Sending with low transaction fee so your money will goin to be in process for a week? That is how I understand things mate, I think it is not good then, it is better to hold it on your wallet than just sending it for log.
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