Bitcoin Forum
May 06, 2024, 11:24:51 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Economy > Economics > Speculation > Loss proof idea
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Loss proof idea  (Read 899 times)
GTO911 (OP)
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
March 27, 2014, 04:47:21 PM
 #1
Bitcoin is going down and will be in the same state for weeks. I have a very good idea of future proofing profitable holdings. Sell your bitcoin at the current rate and buy up some altcoin. Best bets would be altcoins without miner inflation, so their price will not go down by any means. Coin2 and pmc are good examples of mining inflation proof coins. In this way the current value of holdings can be proofed from future bitcoin drop
What is a hardfork?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714994691
Hero Member
*
Offline Offline

Posts: 1714994691

View Profile Personal Message (Offline)

Ignore
1714994691
1714994691
Reply with quote  #2
1714994691
Report to moderator
1714994691
Hero Member
*
Offline Offline

Posts: 1714994691

View Profile Personal Message (Offline)

Ignore
1714994691
1714994691
Reply with quote  #2
1714994691
Report to moderator
1714994691
Hero Member
*
Offline Offline

Posts: 1714994691

View Profile Personal Message (Offline)

Ignore
1714994691
1714994691
Reply with quote  #2
1714994691
Report to moderator
odolvlobo
Legendary
*
Offline Offline

Activity: 4298
Merit: 3214



View Profile
March 27, 2014, 08:58:13 PM
 #2
What prevents Coin2 and pmc from going down along with Bitcoin?
Join an anti-signature campaign: Click ignore on the members of signature campaigns.
PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
GTO911 (OP)
Hero Member
*****
Offline Offline

Activity: 672
Merit: 500



View Profile
March 30, 2014, 07:15:44 AM
 #3
A C2 - USD Exchange
chessnut
Legendary
*
Offline Offline

Activity: 924
Merit: 1001



View Profile
March 30, 2014, 07:23:11 AM
 #4
Not a good idea, Litecoin has been getting raped, and thats one of the most successful alt coins. alt coins are just a gamble.
One hoarse laugh is worth a thousand syllogisms.

http://www.coindesk.com/price

https://docs.google.com/spreadsheets/d/1JoeyzXgMXYFq3pixDTsqkNKLJI5iz0eOU_P-tfQAny4/edit?pli=1#gid=1512098707
T.Stuart
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500


One Token to Move Anything Anywhere


View Profile
March 30, 2014, 07:28:38 AM
 #5
The old adage, "Bitcoin catches cold, altcoins die" springs to mind.  Smiley
                                                                               
███████████████▄▄▄                     ▄█▄     ▀█████▄                     ▄█████▀
████████████████████▄                ▄█████▄     ▀█████▄                 ▄█████▀
              ▀▀█████▄             ▄█████████▄     ▀█████▄             ▄█████▀
                 █████▌          ▄█████▀ ▀█████▄     ▀█████▄         ▄█████▀
                 ▐█████        ▄█████▀     ▀█████▄     ▀█████▄     ▄█████▀
                 █████▌      ▄█████▀         ▀█████▄     ▀█████▄ ▄█████▀
              ▄▄█████▀     ▄█████▀     ▄█▄     ▀█████▄     ▀█████████▀
████████████████████▀    ▄█████▀     ▄█████▄     ▀█████▄     ▀█████▀
███████████████▀▀▀     ▄█████▀     ▄█████████▄     ▀█████▄     ▀█▀
                                    ▀███████▀
                                      ▀███▀
                                        ▀
.
▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔▔
.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁▁
Elwar
Legendary
*
Offline Offline

Activity: 3598
Merit: 2384


Viva Ut Vivas


View Profile WWW
March 30, 2014, 07:30:23 AM
 #6
Great idea, you should buy as many alt coins as possible. The best ones are the ones that are clones of Bitcoin but have funny names. Those are so funny that you would be crazy not to dump a buttload of money into them.

Best to leave Bitcoins to the rest of us.
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
Pages: [1]
  Print  
Bitcoin Forum > Economy > Economics > Speculation > Loss proof idea
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!