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Author Topic: Buy and Hold Bitcoin untill next halving time  (Read 9872 times)
bitpump (OP)
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September 29, 2014, 12:15:23 PM
 #1

Consider: Buy and Hold Bitcoin untill next halving time.

Why? Because: http://www.reddit.com/r/Bitcoin/comments/2g0b8v/100000_block_countdown_what_will_happen_at_the/

When? Q1 2016: http://www.reddit.com/r/Bitcoin/comments/290prw/reward_halving_is_approaching_fast_due_to/

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September 29, 2014, 01:00:25 PM
 #2

YES  i aggree with you ,in the future ,you will be proud of  buying in today!

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September 29, 2014, 01:16:28 PM
Last edit: September 29, 2014, 01:40:26 PM by yayayo
 #3

Consider: Buy and hodl Bitcoin untill next halving time.

FTFY

I wonder why people still want to exchange Bitcoin for fiat money in the future. Bitcoin is superior money.  You don't need fiat when you can buy your stuff with Bitcoin.

Regarding next halving: I predict nothing special will happen to the exchange ratio. This event is known and will have been priced in by the time it takes place.

ya.ya.yo!

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Srbotones
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September 29, 2014, 01:43:15 PM
 #4

Just as a reminder for every bitcoin holder.

Gresham's Law: http://en.wikipedia.org/wiki/Gresham's_law

"Bad money drives out good"

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September 29, 2014, 01:57:03 PM
 #5

Maybe half to hoard and the other half to spend? More spending will make more merchants to accept BTC. So the value will rise more.
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September 29, 2014, 02:09:28 PM
 #6


IS sure better to buy now when is 400 USD then 4 months ago when was 650 USD
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September 29, 2014, 06:25:12 PM
 #7


IS sure better to buy now when is 400 USD then 4 months ago when was 650 USD

Right , buy now if you have more money to spent on that.
but dont do that if you just looking quick / fast profit.
Buy now and keep that in cold storage , forget it and maybe after couple years it will worth something big.

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September 29, 2014, 11:30:03 PM
 #8


I agree with you, I am not selling bitcoin anymore. I don't care if we could drop a little more by tomorrow or next week, I think the risk is not worth the reward at this point

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September 30, 2014, 01:18:27 AM
 #9

The best way is to invest what you can afford to lose. you still don't know what will happen next these are just speculations
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September 30, 2014, 02:23:38 AM
 #10

Consider: Buy and hodl Bitcoin untill next halving time.

FTFY

I wonder why people still want to exchange Bitcoin for fiat money in the future. Bitcoin is superior money.  You don't need fiat when you can buy your stuff with Bitcoin.

Regarding next halving: I predict nothing special will happen to the exchange ratio. This event is known and will have been priced in by the time it takes place.

ya.ya.yo!
If you are going to use bitcoin as money then you would not be holding onto it. Also if you never spend any of your bitcoin then you are essentially taking away value from bitcoin as the overall bitcoin economy will have less economic activity

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camelson
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September 30, 2014, 02:27:49 AM
 #11

Now price is very low, it is very good time to buy some btc Smiley
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September 30, 2014, 04:12:36 AM
 #12

Indeed it's hard to imagine the price going lower if not for a brief dip at this point. I guess there are already many miners who are holding their coins because of this. If the price should fall again many operations would fail and it would be a really bad thing for Bitcoin.
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September 30, 2014, 06:45:57 AM
 #13

I will try to hold them but when something come up i need to sell them.

I try hold them as much as I can.

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September 30, 2014, 06:47:46 AM
 #14

Now price is very low, it is very good time to buy some btc Smiley

Price is stable but yes i bought few from third party face to face.
Also i sell 20% of my income monthly hold 60% and invest 20%.

So far is good we will see later what will be.



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September 30, 2014, 06:51:26 AM
 #15

The best way is to invest what you can afford to lose. you still don't know what will happen next these are just speculations

This is ok rule from a vague point of view but actually you should probably invest what you can't afford to lose but just make it a small overall % of your portfolio.   Bitcoin isnt so high risk that it isnt a decent investment.
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September 30, 2014, 01:14:04 PM
 #16


When exactly is next halving time?

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waterpile
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October 01, 2014, 02:33:05 AM
 #17

The best way is to invest what you can afford to lose. you still don't know what will happen next these are just speculations

This is ok rule from a vague point of view but actually you should probably invest what you can't afford to lose but just make it a small overall % of your portfolio.   Bitcoin isnt so high risk that it isnt a decent investment.

Its a high risk investment price changes day by day. It can drop by $25 in just a day, oh well I don't know whats your definition for high risk
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October 01, 2014, 04:55:50 AM
 #18

Sure. Buy now and check out @ 2016  Grin
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October 01, 2014, 05:26:33 AM
 #19

The markets are pretty efficient and should price in the effects of halving well in advance
That said, i agree that long-term btc is a no-brainer investment

bitpump (OP)
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October 01, 2014, 07:54:36 AM
 #20

When exactly is next halving time?

The expected date of next halving time is under heavy debate Smiley

Currently expected in March/April 2016

See: http://www.reddit.com/r/Bitcoin/comments/290prw/reward_halving_is_approaching_fast_due_to/
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