Bitcoin is hopeless, sell your coins now

[NoahWL1]

Sometimes I feel like it's my fault that Bitcoin has dropped to such a low price...  It seems that whenever I sell my coins, the price goes up.  But when I keep my coins, the price drops!  Heck, I could probably have the entire network's hashpower and still not find a block solo mining.

[1713400444]

1713400444

[dothebeats]

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

Well it's still up to you if you will believe the naysayers or continue your journey with bitcoin. After all, it's your money that you're holding and it's your responsibility to take care of. Either way, you still have the final say. This is a world of speculation though. As long as there's money involved in every subject, there would be different sides of people. It's still up to you to decide whose side are you going to believe on.

[ChuckBuck]

How many threads like this exist?  Seems like there's at least 10 of these a day.

If Bitcoin is hopeless, why are major financial institutions and banks trying to figure out how to pry the Blockchain away from Bitcoin in order to use it for their services(hint, you can't)?  Why are there hundreds of millions of venture capital and angel investors pouring money in Bitcoin startups?  Why is Bitcoin hopeless if we still haven't exited the Beta stage, and still haven't launched 1.0?

If anything this is period to load up, not dump before it's too late...

[dothebeats]

It is a percentage game.
If Bitcoin succeeds, the pay-off will be tremendous.
I would rather hold my coins. 

There are no games in bitcoins. It's purely speculative. No one can declare what would be the price by tomorrow. We can only speculate. The risks are there, yes, but the reality is that there are no games involved in here. Money is in the line. A gamble, maybe? But a game? Uhhm.

[dothebeats]

How many threads like this exist?  Seems like there's at least 10 of these a day.

If Bitcoin is hopeless, why are major financial institutions and banks trying to figure out how to pry the Blockchain away from Bitcoin in order to use it for their services(hint, you can't)?  Why are there hundreds of millions of venture capital and angel investors pouring money in Bitcoin startups?  Why is Bitcoin hopeless if we still haven't exited the Beta stage, and still haven't launched 1.0?

If anything this is period to load up, not dump before it's too late...

Can I have a guess? Bitcoin is one of the first to take the greatest leap. Imagine those low transaction fees that separate bitcoin to other existing payment methods, it's anonymity concept, the different concepts it have. So yeah, definitely not panic with some naysayers proclaiming that we should sell because we are doomed to face failure. But as many would always say (MANY), don't put in what you can't afford to lose. After all, there are no assurances that bitcoin will take you to your millions. It is also a speculative asset, like any other investments out there.

[Orangina]

so if it's hopeless , useless go sell your bitcoin lol.
I hope you don't want everyone in the forum to sell you bitcoins

[virtapayseller666]

why, maybe if all people hold they bitcoin. bitcoin price will be up

We ought to consider the possibility that an overwhelming chunk of coins are now in the hands of people who are content to just watch it slow burn

thats when we switch to an altcoin.. But which one??

if we all hold the bitcoin for few month this price will reach 500$ soon

we  convert this into altcoin and earn money by trading

[AtheistAKASaneBrain]

It is a percentage game.
If Bitcoin succeeds, the pay-off will be tremendous.
I would rather hold my coins. 

This. Lossing what one has now is nothing compared to winning what can be potentially won by holding long term.

[shamati]

I can agree with it 

[HarizDB]

It would be wrong to sell all of your Bitcoins atm. Wait and see, the coin will eventually rise at high values once again. You just have to be patient. Rome wasn't build in one day as people tend to say.

[2legit2]

Never sell your bitcoins, price of them will rise oneday anyway,  you just need some time, wait and their price will go back to top

[pneumatic5]

Never sell your bitcoins, price of them will rise oneday anyway,  you just need some time, wait and their price will go back to top

Yes and it would be hopeless if we sell our bitcoins at a moment, as bitcoin will offer us some high profits in future, So I am not gonna sell any coin at a moment, I would just hold it.

[richardsNY]

Never sell your bitcoins, price of them will rise oneday anyway,  you just need some time, wait and their price will go back to top

If all people were holding their coins, then there wouldn't be a market anymore. People have bought their coins at several prices and they have all different reasons for selling their coins. People sell because they want to secure their profits or simply because they need the money to pay bills and such. No matter what the reason is, people will always sell their coins.

[bit1]

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

This guy sold, But probably he bought after.

[The Sceptical Chymist]

Never sell your bitcoins, price of them will rise oneday anyway,  you just need some time, wait and their price will go back to top

What a fucking garbage necropost, you should be ashamed of yourself for posting this nonsense.  Why did you bump this thread back from the dead?

But having been bumped already it's interesting to look at the comments in the beginning of it about exchanges and the "I got hacked" excuse which has become hackneyed in itself.  This thread was started last year well before the fate of Cryptsy was known and before the Master-P scam and all the hackings here on the forum.  Very interesting to me.

[BlindMayorBitcorn]

Never sell your bitcoins, price of them will rise oneday anyway,  you just need some time, wait and their price will go back to top

What a fucking garbage necropost, you should be ashamed of yourself for posting this nonsense.  Why did you bump this thread back from the dead?

But having been bumped already it's interesting to look at the comments in the beginning of it about exchanges and the "I got hacked" excuse which has become hackneyed in itself.  This thread was started last year well before the fate of Cryptsy was known and before the Master-P scam and all the hackings here on the forum.  Very interesting to me.

In hindsight, I'd say my posts come off a touch snarky.  

[busybee7]

no! don't sell thm, even if price looks small for you now, keep them anyways, becouse their price will go up pretty soon

[Nimbulan]

It's not hopeless, wht should we sell coins, only dumb users will sell them now, and smarter ones will buy their coins, bitcoin will rise more