Can u still have reasons to keep ur bitcoin?

[picolo]

it will go dead for sure.

If it was sure it will go dead soon, the price would be 20$ not 220$.

Look at Oil it went from an all time high of 150$ to 40$ but is not dead, it could go back to 100$ in a year and Bitcoin can go to 2000$ in 2015.

[sgk]

The price is declining dramatically! All of the negative news are covered in the media!
http://bitcoinobituaries.com
Do u still have strong fresh reasons to hold ur bitcoin? Please share with us?

I have a strong reason.

I bought my Bitcoins at much higher price than today. If I sell now, I am definitely in loss.
If I hold on to them, there is a chance that BTC price will recover and I may be able to get what I invested, or make profit. So I'm probably in loss.

See the difference?

I did not invest more than I can afford to lose, so I will be fine.

[Madness]

It's getting UP once again here now ~210$ to da moon 

[viboracecata]

No strong reasons, but I am just HODL

[ujka]

Bought 10% more to my HODLing!
Strange enough now, friends are starting asking me how to buy into this bitcoin thing...

[gjgjg]

what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise. 

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.   

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))

[Lauda]

So what you're saying is this: everyone in Russia should dumb their Ruble too?
Please stop with the whining. Stop looking at Bitcoin only for its fiat value.
Yesterday:

This morning there was panic selling in copper-linked stocks, the Ruble and Bitcoin. The connection is obvious.

This is the best time ever to buy Bitcoin. If you bought a ton of Bitcoin yesterday you could have made a nice profit today (28%).

I first got really excited about bitcoin when it was $5 each. It worked then. It works now, plus 500 startups and $250m in seed capital

— AndreasMAntonopoulos (@aantonop) January 14, 2015

Enough was said.

[turvarya]

This is the best time ever to buy Bitcoin. If you bought a ton of Bitcoin yesterday you could have made a nice profit today (28%).

I would have, if fiat transaction wouldn't take 2 days ...
I hope there is a second fall, before it goes further up again.

[Josef27]

Because I use my bitcoin as currency not an invesment
I'm always ready whatever it takes

[mayax]

what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise.  

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.  

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million

I know that you were thinking that hundreds of millions but NO, 1 mil

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom?

[turvarya]

what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise.  

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.  

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million

I know that you were thinking that hundreds of millions but NO, 1 mil

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom?

Where do you have this number from: 1 Million?

[Lauda]

This is the best time ever to buy Bitcoin. If you bought a ton of Bitcoin yesterday you could have made a nice profit today (28%).

I would have, if fiat transaction wouldn't take 2 days ...
I hope there is a second fall, before it goes further up again.

Well, there you go. The benefit of Bitcoin. It's like most people are blind and can't see something so obvious?

I wish that some rich supporter would instantly buy a ton, for the price to go to the sky only for today, to prove those damn ignorant FUD spreading media.

[mayax]

what makes price go up? more buying than selling, basically.

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%).

Does BTC tech have potential to reach new markets and the 'remaining 99%'? sure, its growing all the time, it didnt take much for china to jump on board - and theres plenty of regions yet to get on the band wagon: s america, africa and large parts of asia. when the flame is lit in these regions, buyers will move in causing price rise.  

when are they likely to? when features and services improve in those regions, and price is attractive (like now). People are still working on it, they havent stopped. adoption is spreading all the time, its just a matter of when it will break (imo).

what has changed fundamentally with BTC industry since the last price rise? mostly good news - making the btc infrastructure stronger, not weaker.

So price fall is (more likely) due to a '.com bubble' like behavior, not because the system is broken down.
Price drops in the face of good news is nothing new. price is just going down because people are selling more. once they calm down and buyers keep price propped up and exhaust the sellers power, it will buoy up again.
luckily, a new region is more likely to catch on and start buying btc when the price has been low for a while (like now-ish). and i seriously doubt the existing btc community will let it drop so far down that a systemic collapse occurs.  

my feeling is that price will stabalize down here soon. everyone will realise it might be cheap so start buying sheepishly. a new territory (like argentia) sees the potential in it and buys in, causing more buying and more confidence with the longer term users. More companies and tools and merchants get on board, and more confidence etc etc.



Short version:
most people and most regions in the world are yet to buy into btc, so the potential for expansion is way bigger than potential for collapse. The infrastructure is getting stronger, not weaker. The price dip is more 'trading' than a reflection of the fundamental reasoning.

Therefore, buy or hold (if you can afford it!)

(((of course i could be wrong, btc could drop to 1$, miners stop working and pull the plug, the blockchain 'goes offline' and everyone has a mini melt down - but even if that happens, im positive the community will just pick the pieces back up again anyway. me thinks btc is hard to kill :p)))

how many people own/have bought btc in the world? probably less than 0.5% (i should probably check it somehow, maybe its less, but surely no more than 1%). ?

I will tell you : 1 Million people worlwide bought Bitcoin. YES, ONLY ONE million

I know that you were thinking that hundreds of millions but NO, 1 mil

After 6 years, the Bitcoin community is less than  the users from a decent forum. Try to think how much buzz Bitcoin have had in media; lobby and so on. A lot of money invested in these shits. By whom?

Where do you have this number from: 1 Million?

https://blockchain.info/charts/n-unique-addresses  - ONLY 180K people are dealing with it daily. This is an average number calculated for a year. YES, YES, only 150K-180K people are dealing with Bitcoin almost daily.

https://bitscan.com/bitnews/item/how-many-people-really-own-bitcoins-and-why-does-it-matter  - aprox 1 MIL REAL USERS.

Do not count the addresses, because most of the people has more than one. You have to count how many address have Bitcoin in them;
that have a meaningful quantity of bitcoins in.

Remeber Mt. Gox has account numbers as high as 270,000. Assuming they are sequential, and about 65% of the Exchange market (which they were by volume), that's 415K people who have participated on exchanges in 2014

[Wendigo]

Our Satoshi, who art in blockchain,
Encrypted be thy name
Thy transactions come
Thy will be done on ASICS
As it is on Github.
Give us this day our daily mining reward,
And forgive our zero-conf double-spends
As we forgive them that double-spend against us.
And lead us not into alt-chains
But deliver us from Ripple
For thine is the mining rig,
The hashing power, and the block reward,
For ever and ever
Amen.

[thriftshopping]

So what you're saying is this: everyone in Russia should dumb their Ruble too?
Please stop with the whining. Stop looking at Bitcoin only for its fiat value.
Yesterday:

This morning there was panic selling in copper-linked stocks, the Ruble and Bitcoin. The connection is obvious.

This is the best time ever to buy Bitcoin. If you bought a ton of Bitcoin yesterday you could have made a nice profit today (28%).

hindsight is always 20/20. Sure it would always be best to buy when the price hits it's low point, and would be best to sell when it hits it's high point. The problem is that it is very difficult to know when that is

[redsn0w]

I'm "keeping" or better holding my bitcoin because I believe in the project , I know there are a lot of speculators but it doesn't matter ... one day the price will be stabilized and that day we can spend bitcoin without problem  for buy  products and nobody will care about the price (or better the value in FIAT eur ,usd , cny, etc...).

[Daniel91]

Yes, why not?
I believe in bitcoin concept, want to be financially free and get rid from banks and financial institutions.
In my opinion, bitcoin is answer and way to go, not the problem.
Price of bitcoin went down?
No problem, it's perfect time now to buy more btc.
When price of BTC raise again, it will be good time to sell and make profit.
Remember, good things comes to the people who can wait.

[BaselessBitcoin]

I think the best thing about bitcoin is it forces people to learn financial responsibility to survive in the crypoworld. Once you become your own bank you are responsible for everything like security, liquidity, and insurance if you are offering services. With bitcoin usually the diligent thrive which is good when dealing with things of value.

[wickedgoodtrader]

the fundamentals didnt change, so i dont see a reason to sell except speculating which i dont have time for

The fundamentals have changed. The cost of the network is sky high, so miners need to dump the 3600 coins mined everyday. At this price that's $750,000/day.

Sorry folks.. that overhead will continue to eat at BTC for years to come. It needs to fall ALOT further until it stops falling.

[picolo]

the fundamentals didnt change, so i dont see a reason to sell except speculating which i dont have time for

The fundamentals have changed. The cost of the network is sky high, so miners need to dump the 3600 coins mined everyday. At this price that's $750,000/day.

Sorry folks.. that overhead will continue to eat at BTC for years to come. It needs to fall ALOT further until it stops falling.

It did stopped falling like a knife since we are at 210$ and we touched 156$ yesterday. Miners are probably selling a lot of coins but as the price goes up they will sell less coins.