epere (OP)
|
|
August 06, 2014, 09:17:53 AM |
|
I know my BTC is worth something. If a thousand people who grew up under authoritarianism think like me, then BTC is worth billions. This is not considering BTC as a medium of exchange, as an investment in a portfolio.
|
|
|
|
iluvbitcoins
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
|
|
August 06, 2014, 09:22:41 AM |
|
I was hodling too And I will never sell my bitcoins At least not for the coming 10-15 years However I invested them in antminers now, hope I'll break even as soon as possible never sell
|
Looking for a signature campaign.
|
|
|
alani123
Legendary
Offline
Activity: 2534
Merit: 1496
|
|
August 06, 2014, 09:39:01 AM |
|
But wouldn't a true hodler buy miners with FIAT? I'm looking at you iluvbitcoins.
|
| Duelbits | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | TRY OUR UNIQUE GAMES! ◥ DICE ◥ MINES ◥ PLINKO ◥ DUEL POKER ◥ DICE DUELS | | | | █▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ ███ ▀▀▀ | | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ KENONEW ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄█ | | 10,000x MULTIPLIER | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ | | ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ |
[/tabl
|
|
|
iluvbitcoins
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
|
|
August 06, 2014, 09:45:19 AM |
|
But wouldn't a true hodler buy miners with FIAT? I'm looking at you iluvbitcoins. yeah, he would but since I'm underaged [no bank account, no credit cards] the only thing left to pay for them is bitcoin
|
Looking for a signature campaign.
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
August 06, 2014, 11:36:18 AM |
|
At the moment it's better to hold if you can.
But you never know what will happen in your life, there will be a time that you might need to convert your btc to fiat currency.
|
|
|
|
shogdite
|
|
August 06, 2014, 11:57:55 AM |
|
I always end up spending my btc Determined to start saving more in the future, might even build up an alt portfolio though I need to do a lot of research first.
|
|
|
|
Daniel91
Legendary
Offline
Activity: 3374
Merit: 1824
|
|
August 06, 2014, 12:42:14 PM |
|
I know my BTC is worth something. If a thousand people who grew up under authoritarianism think like me, then BTC is worth billions. This is not considering BTC as a medium of exchange, as an investment in a portfolio.
This is good choice if you don't need to spend this Bitcoin for your living expenses. Otherwise, you have to spend some This is my case.
|
|
|
|
addroup
Member
Offline
Activity: 69
Merit: 10
|
|
August 06, 2014, 02:27:14 PM |
|
Speculators have an hard work with bitcoins, most of daytraders are only losing money trying to predict btc's value. I'm holding too!
|
|
|
|
leex1528
|
|
August 06, 2014, 02:43:50 PM |
|
I hope it works out for you...
I have just been earning free bitcoins and putting all cash toward paying off my loans....Hopefully if Bitcoin does hit 5k(I don't think it will) I'll have around 10 coins and that will be fine for me anyway...
I just hate seeing this posts because I don't want to see people get destroyed if something were to happen.
|
|
|
|
commandrix
|
|
August 06, 2014, 02:51:57 PM |
|
Hodl...for now. Right now I'm working on earning Bitcoin as quickly as possible (Okay...I feel like it's going at a snail's pace) so I can fund some travel I expect to do in the near future.
|
|
|
|
lynn_402
|
|
August 06, 2014, 03:35:15 PM |
|
But wouldn't a true hodler buy miners with FIAT? I'm looking at you iluvbitcoins. yeah, he would but since I'm underaged [no bank account, no credit cards] the only thing left to pay for them is bitcoin That's cool, I never realised before how cryptocurrencies had and useful potential for underaged people.
|
|
|
|
botany
Legendary
Offline
Activity: 1582
Merit: 1064
|
|
August 06, 2014, 06:19:39 PM |
|
Speculators have an hard work with bitcoins, most of daytraders are only losing money trying to predict btc's value. I'm holding too!
There are a lot of people whose strategy is to hold. Seems to be a reasonable one given what we have seen so far.
|
|
|
|
Justine
|
|
August 06, 2014, 06:43:58 PM |
|
Lots of new coin coming up. Some long term holders are hedging their bet and putting some money into new generation of coin.
Long term holder of bitcoin need to be aware of the trend.
|
|
|
|
lynn_402
|
|
August 06, 2014, 06:47:14 PM |
|
Lots of new coin coming up. Some long term holders are hedging their bet and putting some money into new generation of coin.
Long term holder of bitcoin need to be aware of the trend.
This has been going on for a while though, since the beginning of Peercoin and Litecoin. The peak was this winter, at the end of BTC's bubble. At the moment, the altcoin market doesn't seem to be as lucrative as before.
|
|
|
|
iluvbitcoins
Legendary
Offline
Activity: 2198
Merit: 1150
Freedom&Honor
|
|
August 06, 2014, 07:57:25 PM |
|
But wouldn't a true hodler buy miners with FIAT? I'm looking at you iluvbitcoins. yeah, he would but since I'm underaged [no bank account, no credit cards] the only thing left to pay for them is bitcoin That's cool, I never realised before how cryptocurrencies had and useful potential for underaged people. yes, I'v also found a work around for PayPal, been using it to purchase over 50ish items altough I don't own a credit card
|
Looking for a signature campaign.
|
|
|
Brewins
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
August 06, 2014, 08:15:38 PM |
|
as the Zurich's axioms book says: all investing is speculation
You speculation is that your bitcoins are worth something, and may even reach billions/each(what is impossible if you do the math, but I got the point), and in 15 years they will be worth much more than they are worth now(in special, more than 0, so bitcoin will survive 15 years)
|
|
|
|
FUR11
Sr. Member
Offline
Activity: 378
Merit: 250
FURring bitcoin up since 1762
|
|
August 06, 2014, 08:40:15 PM |
|
I know my BTC is worth something. If a thousand people who grew up under authoritarianism think like me, then BTC is worth billions. This is not considering BTC as a medium of exchange, as an investment in a portfolio.
Wow, that's a bold stance! Nicely worded as well (especially the title). But to be honest, I think depending on the country you're living in, Bitcoin is still the riskier commodity or currency when compared to the local FIAT currency or commodities like gold, etc...
|
|
|
|
beetcoin
|
|
August 06, 2014, 08:47:45 PM |
|
if you put all of your money on bitcoin, aren't you basically speculating? speculating that its value will hold up better against fiat or other commodities.
|
|
|
|
lynn_402
|
|
August 07, 2014, 05:19:34 PM |
|
if you put all of your money on bitcoin, aren't you basically speculating? speculating that its value will hold up better against fiat or other commodities.
Not necessarely, one could buy Bitcoins because they like the social and economical aspect of it, and they want to be part of that movement, with speculation being not the most important argument to the decision.
|
|
|
|
tinof
|
|
August 07, 2014, 05:28:48 PM |
|
I know my BTC is worth something. If a thousand people who grew up under authoritarianism think like me, then BTC is worth billions. This is not considering BTC as a medium of exchange, as an investment in a portfolio.
BTC is worth something as long as someone willing to give it a value. The illusion of value may not always be there. Fiat, on the other hand, will always be accepted by the country.
|
|
|
|
|