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Author Topic: Bitcoin is hopeless, sell your coins now  (Read 7313 times)
thebenjamincode
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February 21, 2015, 02:25:15 AM
 #1

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own
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Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin-Qt is the only known safe implementation of a full node. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and MultiBit are OK.)
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February 21, 2015, 02:26:54 AM
 #2

Thank you for providing an opportunity to remind everyone that Bitcoin is an exciting project and the future is very bright.  Smiley

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February 21, 2015, 02:32:01 AM
 #3

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Golly.

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February 21, 2015, 02:40:14 AM
 #4

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Who throws a shoe...honestly?!?
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February 21, 2015, 02:41:32 AM
 #5

Well the good news is there's not that many exchanges left to be hacked.

VERIUM VAULT
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February 21, 2015, 02:45:11 AM
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Well the good news is there's not that many exchanges left to be hacked.

The chances are there never was exchanges to 'hack' just greedy exchange owners who wanted fast money and was tired of waiting around for the big payday.

How easy was that for them to say that and walk into the night with a few million, i believe bitstamp only exchange that paid back which probably shows they really was hacked. 

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funtotry
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February 21, 2015, 02:49:09 AM
 #7

Can we just have a ban on threads like these... Useless information and idk why you are even telling us this. If its so hopeless then why don't you short it and let us know how rich you get Tongue

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February 21, 2015, 03:03:47 AM
 #8

if everyone sells he can buy cheaper  nice try
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February 21, 2015, 03:10:55 AM
 #9

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own


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February 21, 2015, 03:11:49 AM
 #10

hopeless? I think it's headed for a major rally ..
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February 21, 2015, 03:17:00 AM
 #11

i just sold everything i got.. what do i do now. what if my fiat turns into regular cotton by sunup??

monkeygang.. you cant join. your already a member
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February 21, 2015, 03:18:59 AM
 #12

i just sold everything i got.. what do i do now. what if my fiat turns into regular cotton by sunup??

It is now time for all of us to leave this place. Do not look back.

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February 21, 2015, 03:23:36 AM
 #13

Might as well sell everything you have and stock up food because fiat is going to collapse and become useless

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February 21, 2015, 03:26:39 AM
 #14

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

While its somewhat bogus of you to pass your thoughts so direct, and there are many that will scratch your opinion off, i actually agree with you in short term prediction.
I spent a little time making calculations myself, and i doubt this is going to 300$ or anywhere beyond, but i wouldnt say bitcoin is hopeless, its conversion value is just still not justified.
If you are short term trader,i would definetly sell, but if you are one of the people who invest , and are willing to wait for years to make profits, then by all means buy.

cheers

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February 21, 2015, 03:29:36 AM
 #15

hmm now I really was a confused, between sell or hold to wait a little better price  Cry Cry  Huh Huh

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Chef Ramsay
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February 21, 2015, 04:16:48 AM
 #16

hopeless? I think it's headed for a major rally ..
And it could be just around the corner. But, what we do know, is that the action happens and more than fulfills the dreams of the utmost bulls when it does take its course. This next leg up will blow everyones' minds and the bears will be speechless for a lifetime since it'll be so big. Now is the time to get your bets placed but I would not do it on the downslope w/ leverage, that's crazytown/suicide at this point. Spring is coming w/ a great harvest being gathered this year.
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February 21, 2015, 04:23:17 AM
 #17

Don't say I didn't warned you guys but i think that everytime the price of btc is going up, there's a bitcoin exchange that will close and declares that they were hacked so my advice for you guys is to sell your bitcoins now and withdraw them to your own pockets before its too late.

The warning has been given and yourfate is on your own

Incident like BTER / BitStamp is only make bitcoin price lower temporarily
Something like that can be recovered in matter of day Smiley

SO, i think selling our coins isn't good option

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February 21, 2015, 04:25:58 AM
 #18

OP your suggestion is both shortsighted and unethical.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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February 21, 2015, 04:26:59 AM
 #19

Yes I agree with the OP...

Sell your Bitcoins now to me. I got strong hands and can afford to HODL and be patient.
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February 21, 2015, 04:40:43 AM
 #20

...

The record of the exchanges holding other people's Bitcoin is, ahh, not so good.

I would recommend HODLing BTC in a hardware wallet, both Trezor and Ledger are working well for me.  And if I can figure out how to use them (with my limited technical abilities) then anyone else here can too.  The Ledger is very economically priced at about 29 Euro (pay by BTC).  MUCH cheaper than having a problem with BTC in peril at an exchange.

Even a web wallet like blockchain.info's would be better than at an exchange.
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