blockchain2k (OP)
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August 10, 2018, 05:42:47 PM Last edit: February 25, 2019, 09:23:46 AM by blockchain2k Merited by OgNasty (1), LFC_Bitcoin (1) |
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There are only 3.8 million bitcoins left to mine (>80% of all bitcoins that will ever exist). http://www.bitcoinblockhalf.com/Update: The days are getting closer and I can already notice people using this event as means to hype up the crowd for a radical price increase.
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LFC_Bitcoin
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August 10, 2018, 05:47:04 PM |
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Sent you 1 Merit point because HODLING is a very good idea & a near certain way to guarantee great profits in bitcoin (if you have a lot of patience & can sit on your coins for a significant amount of time). If you look at a long term chart detailing the price after each block reward halving you will see significant increases in price. I wish more people were like the OP & stopped panic bitch selling. HODL & you will be greatly rewarded my friends. bro thats 2 years
Not quite - Reward-Drop ETA date: 23 May 2020 15:07:17
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PINAGPALA
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August 10, 2018, 05:54:09 PM |
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Sent you 1 Merit point because HODLING is a very good idea & a near certain way to guarantee great profits in bitcoin (if you have a lot of patience & can sit on your coins for a significant amount of time). If you look at a long term chart detailing the price after each block reward halving you will see significant increases in price. I wish more people were like the OP & stopped panic bitch selling. HODL & you will be greatly rewarded my friends. bro thats 2 years
Not quite - Reward-Drop ETA date: 23 May 2020 15:07:17 Yes me too im just doing bounty then hold i dont dump my coin i just hold i know a lot of person who gain 500%-1000% for just holding
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imapessimist
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August 10, 2018, 05:58:23 PM |
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But people are not gaining anything unless they sell. That's why I don't agree with holding. The holders are enabling the others to take a profit. Because if the holders took their profit there would be less profit for the non holders.
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carter34
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August 10, 2018, 06:34:50 PM |
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I wish more people were like the OP & stopped panic bitch selling.
HODL & you will be greatly rewarded my friends.
OK master.... Your post encouraged me more because surely when bitcoin increases, altcoins too will appreciate. So whichever shit coin (probably got from bounty) that survives at that time, will mean cool money
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crairezx20
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August 11, 2018, 11:18:07 AM |
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2 years before we can see the price will jump again just like what happened last year. I think the price won't fall below $6k just like what happened last month so if you are holding bitcoin better to wait more days or weeks and I hope that bitcoin price will recover again.
We know bitcoin is unpredictable anytime the price can drop more until $4k based on other analysis so if you don't believe in bitcoin and you don't want to lose your investment then start selling them now to cut your loses.
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Sanmark
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August 11, 2018, 11:23:53 AM |
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We know bitcoin is unpredictable anytime the price can drop more until $4k based on other analysis
On what analysis is that 4k price based? 2 years for hodling is not that much when you know that there is a reason for price to go at least double! And just think about those 19.5k price that we had, after halving we could easy get 2xthat I guess there will be FOMO before that like before BCH fork.
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Retty
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August 11, 2018, 11:28:25 AM |
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This is precisely why i i'm just quietly accumulating as much as i can. I don't care what happens in the short term, i dont care if it goes to 5k,4k,3k whatever! All i want to do is keep on accumulating every sat i can get and sending them to cold storage and i am happy to sit and wait patiently until then. Infact, i can imagine the headlines when this is about to happen and the FOMO that it will create! It will be a thing of beauty!
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Twkasun52
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August 11, 2018, 06:42:33 PM |
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Thanks for the reminding. Hodl is the only thing left to do at this point to me.It does not matter becase i am bounty hunter & can wait like thousand years.
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boyptc
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August 11, 2018, 07:48:03 PM |
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But people are not gaining anything unless they sell. That's why I don't agree with holding. The holders are enabling the others to take a profit. Because if the holders took their profit there would be less profit for the non holders.
If you don't agree with holding, there's nothing wrong with it. You can sell at highs or lows depending on what's your strategy. Most are holding here so are we enabling the others to take profit? we just learned that it's the best thing to do in times like this but decision of doing trades while at this dip is also a good strategy. The rest are forgetting on what the halving can do, I'm also waiting for this moment. I'll endure everything and wait for this one but I'll take some profit as well while going there.
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pixie85
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August 11, 2018, 08:00:45 PM |
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A lot can happen in 2 years but you are right. People are focusing too much on the short term and fail to see the big picture until it's too late. People who sold at 20$ regretted it a year later. People who sold at $300 also regretted it a year later. If you sell at $6000 you will surely regret it in 2019 unless you manage to buy it all back at $5000, but that's like gambling.
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PsylockReborn
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August 11, 2018, 10:19:41 PM |
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A lot can happen in 2 years but you are right. People are focusing too much on the short term and fail to see the big picture until it's too late. People who sold at 20$ regretted it a year later. People who sold at $300 also regretted it a year later. If you sell at $6000 you will surely regret it in 2019 unless you manage to buy it all back at $5000, but that's like gambling.
There were also people who didn't sell last year December that regret a lot by being so greedy hoping that bitcoin will still go past $20k and above. It's not really all about the hodl, it's the perfect timing about everything on when to buy and sell. As we all know that bitcoin's value is unpredictable anything can happen due to its volatility. I don't pray that BTC's value will go down the drain but it can happen. We all can't predict the future so there's no assurance that if we all hodl the value of bitcoin will skyrocket for their will be no more movement or activity in the market if everyone is hoarding their coin.
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nikalos
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August 14, 2018, 07:45:38 AM |
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How low do you think the price of Bitcoin will go down now?
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blockchain2k (OP)
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August 25, 2018, 09:48:44 AM |
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Sent you 1 Merit point because HODLING is a very good idea & a near certain way to guarantee great profits in bitcoin (if you have a lot of patience & can sit on your coins for a significant amount of time). If you look at a long term chart detailing the price after each block reward halving you will see significant increases in price. I wish more people were like the OP & stopped panic bitch selling. HODL & you will be greatly rewarded my friends. bro thats 2 years
Not quite - Reward-Drop ETA date: 23 May 2020 15:07:17 I appreciate it.
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chocolah29
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August 25, 2018, 10:37:38 AM Last edit: August 25, 2018, 11:46:44 AM by chocolah29 |
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How low do you think the price of Bitcoin will go down now?
With the current dip? Well the support tells it all as many try to set their buy order in $5k but I think they won't succeed here. Enough for the bear trend. ~ We all can't predict the future so there's no assurance that if we all hodl the value of bitcoin will skyrocket for their will be no more movement or activity in the market if everyone is hoarding their coin.
That's actually the irony there as people hold their bitcoin many are desperate to own some because of its supply. Of course there's still a movement and that's the supply and demand that will dictate the value. P.S. Using the word hoarding just connotes negative side of something so better just use the word hold.
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justin86
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August 25, 2018, 10:59:58 AM |
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bro thats 2 years
If any hodler think 2 years is too long to hold bitcoin then he is not a hodler, 2 years is actually very short time for real hodlers and really the bitcoin left to mine is very less.
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boyptc
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August 25, 2018, 11:20:45 AM |
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If any hodler think 2 years is too long to hold bitcoin then he is not a hodler, 2 years is actually very short time for real hodlers and really the bitcoin left to mine is very less.
Right. 2 years isn't far away and if you are a very busy person, you won't noticed that 2 years has passed. And as a real holder, 2 more years is just another year to hold to.
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LTU_btc
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August 25, 2018, 11:37:21 AM |
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Is there are direct correlation between Bitcoin halving and Hodl ideology? Did last halving in 2016 had direct influence to Bitcoin price? I think that halving is mainly important to miners and I think that upcoming halving shouldn't be an important reason to hodl.
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RustyBits
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August 26, 2018, 06:58:03 PM |
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This is precisely why i i'm just quietly accumulating as much as i can. Agreed. My accumulation rate is pretty low, but I am pumping as much as I can personally afford into my hodling. It's not much, but it is what I can afford to do without putting myself into a worse immediate financial position. In other words, I can afford to lose everything I have invested. (Hope not to!)
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pixie85
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August 26, 2018, 08:07:20 PM |
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Why hodl if you can sell and get more coins by the time halving happens. Even if you're waiting for a trend reversal and not even thinking about distant halving it's still better to leave the market when it's heavily bearish. If you sold at higher prices like 8000 or 10000 you shouldn't buy now and wait for clear signs of reversal. I think there's a bigger chance that Bitcoin will go to 5000 before going up to 8 or more.
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