Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: bosshyip on July 04, 2018, 06:29:31 PM
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
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Yes, you are right, storage is only part of what creates a shortage of coins in the market and a rise in the price of Bitcoin, but the true value is given by the community that stores it, uses it as money, when purchases are made and exchanged with friends. Like any money, Bitcoin must be in constant turnover in order to be called money and it is natural that it should be spent and earned.
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Well, bitcoin needs to be spent and one can hold part of it for future profit taking. What is the essence of having money and not be used?
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Bitcoin habiskan apa tahan
Kalau menurut saya tahan simpan suatu saat harga bitcoin pasti akan naik kalau sudah naik baru kita jual jangan takut bitcoin pasti akan naik lagi harganya gan
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Bitcoin resistant or spent in see the state of his first whether bitcoin is down or up soared high price if the price is so high we sell we spend let we can buy again when bitcoin again down
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I personally prefer to hold it. Because I believe the bitcoin will stable again. Lets see.
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Hold bitcoin and sell not. if possible in order to maintain it in your wallet because it is possible that tomorrow it will rise.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I think Hold is good way today. I personally prefer hold when the price is low.
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Hold is what the advisable for now because this is not the right time to sell even you got panic you should hold yourself in order to prevent unwanted regrets in the future. Bitcoin was proven and will do some new big things in the future.
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I think I'm better HODL because I'm sure bitcoin prices will soon rise, maybe at the end of this year will get to 25k USD we see it
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Bitcoin is a unique phenomenon, that has made an incredible way full of ups and downs, proving that it is an amazing invention that can totally change our ideas about possibilities of financial world. And ever since Bitcoin started to gain trust of millions of people and become more and more widespread, two contradicting groups exist in cryptoworld — those who think that Bitcoin’s mission is to dislodge fiat money and bring people financial freedom, and those who declare that digital coins are a form of an asset and they must not be used as a currency.
More here: https://medium.com/@bonpay/bitcoin-dilemma-to-keep-or-to-spend-f1680ccf28ba
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The revolution of digital currency is at hand. So hold your bitcoin and wait patiently to hit the profit when time comes if possible.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I think you should hold it. Because I believe at the end of this years the price will rise again.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I think hold is the best way today when the price is low now.
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if in my opinion we better hold up and try to be patient for a while. because by being patient and holding bitcoin the result will definitely be sweet in the future .
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
Crypto is meant to spend which you are right about that, but right now with a bloody market is not a good idea to spend now.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I think the best way is hold, because The market demand is low. But If you are profesinal You can do day trading.
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I think trying to be patient includes the right step for traders to open up opportunities in success in the future despite the recent declining prices, the bitcoin opportunity to show a quality is still there with the help of enthusiasts who continue to rely on it as a place of investment.
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Bitcoin is a unique phenomenon, that has made an incredible way full ... If you decide to hold crypto, not spending them at all,
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I think you don't sell all your bitcoins, I think you better be able to hold it back by waiting for prices that are higher than the current price.
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According to me, you better hold your coin. because it is estimated will cost soaring bitcoin on the range in October-November. just wait for the results.
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Do what you can and don't do what you can't. This is the simple principle regarding decision making of better move to hold or sell whether bitcoin or altcoins. Of course don't miss the most important thing and that could be the assurance of profit from your bitcoin.
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Do what you can and don't do what you can't. This is the simple principle regarding decision making of better move to hold or sell whether bitcoin or altcoins. Of course don't miss the most important thing and that could be the assurance of profit from your bitcoin.
Selling bitcoin is always depend on the price status and maybe the needs of the holder. I believe that selling btc in a verry low price is just a loss so we need to hold it until the time comes that it's price rise so that we can earn a huge amount of profit.
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Do what you can and don't do what you can't. This is the simple principle regarding decision making of better move to hold or sell whether bitcoin or altcoins. Of course don't miss the most important thing and that could be the assurance of profit from your bitcoin.
Selling bitcoin is always depend on the price status and maybe the needs of the holder. I believe that selling btc in a verry low price is just a loss so we need to hold it until the time comes that it's price rise so that we can earn a huge amount of profit.
I think we need to hold. Because the price is really cheap, this is now the very best thing to do. If we are going to sell and the price will rise we can maybe have a big loss. But i think we cannot blame our self because we are all have needs and we need to provide our needs for good.
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That depends on the situation for me. I will never spend my bitcoin knowing that it can still rise or grow. I will just spend my bitcoin if I already receive a profit from it and when the price is high.
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If we look forward of bitcoin as the main source of crypto, I think we should hold than sell. we can also try to sell and buy it back again in due time for the future preparation.
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I will hold it if the price of bitcoin is still below. but after moving well, I will sell it. but my advice, don't wait for the price of bitcoin to peak like the previous year. because it is feared the price will go back down and you have to wait for more time to wait for it to rise.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I personally prefer to hold my bitcpin than to spend. Because bitcoin is the KING of crypto currency and very profitable.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
When the market is red now, I think Hold is the best way. I will sell whne the price is high.
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It depends to our strategy whether vwe hold or sell. The important you have something in return from your crypto works. The fruits of your labor should be worthy if you put hard efforts. So, to sell or hold is your decision.
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Although it is always good to buy and hodl when the value is low, however it’s always a decision to take by an individual based on his own analysis. For instance if you’ve already made some profit out of it then you can decide to spend and even reinvest again if it drop lower.
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Actually, bitcoin is made not for the purpose of investment only but as a digital currency that can be used as replacement of money or fiat, which is use to buy commodities and pay services. If everyone HODL, I think there'll be no price movement in the market. For me if its better to spend some of my holdings to keep the market going. If all bitcoin users would spend a part of their holdings, I think market price will continuously grow and everyone can enjoy its benefits and the good profits of their investments.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I prefer to hold bitcoin now, I still believe bitcoin will rise again soon. Lets see.
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
Bitcoin would eventually be use as a currency as what you describe or else it would just dwindle down and lose its value. For now, it is more use as an asset because of the likelihood for it to rise in value in the coming years but if it continue like this wherein its mere use is for trading only then it would just be replaceable by other coins. Bitcoin needs mass adoption for it to continue being the king of cryptocurrency and be use for its actual use case.
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For now that the price of Bitxoin is still low,it's better to hold Bitcoin and wait until the price will increse to gain more profit.
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I think we will hold it back by waiting for higher prices, so we will also get more profits, because now is the right time for us to buy more bitcoin, because now we see the market prices also drop, so we will hold bitcoin in long-term.
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Many people do not see Bitcoin as a currency but as an investment. For that , It is better to hold until one get the desired interest he wants then sell
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if you spend your Bitcoin then it will be ready for those who accept the bottom price with more value and can buy all Bitcoin.
after all that was pushed, he created the Whale and could make a lot of fun for those of us who have little Bitcoin.
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It is not for expenses uses but it is more about holding in order to maintain the value even though it will decrease still in due time will increase again. If you spent bitcoin, you will lose the real essence.
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In my personal opinion, the Bitcoin is very worthy for long-term investment. There will be an ear in which the Bitcoin price and value will be likely what happens in this early year after some Bitcoin fork. However, it needs more patience. Therefore, just be patience i order to obtain more profits.
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by looking at market conditions as they are now, holding back may be the right choice
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did I hold the only coin you have now because it is not yet the right time to sell now. bitcoin can still soaring price in the range again in October-December. so be patient for the results.
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If I have some bitcoins in hand. I would spend 30-40 percent of it to buy the needs of my family or invest on other coins. Its better to use or spend it to normalize the market situation. If everyone spend some of their coins and some people are also buying coins then, prices will drastically go high.
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Depending on where you are, where you buy Bitcoin at 5000 USD.
Then the Bitcoin drops to 4000 USD so you HODL, if the Bitcoin goes up to 7000 USD then you sell to get profit.
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I think at the moment, you need to definitely keep it, because prices in the market are growing and it pleases, because there was a correction of the market
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Personally, I say I will not spend bitcoin now, in time the price of bitcoin is still cheap, so I will also save it in the future with a better price increase, so we will also get many benefits.
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for me we don't have to spend our bitcoin to shop, but we only use part of it and we still hold the rest to get a higher value.
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If you have some coins that you were keep on holding into your wallet, you must keep on holding it and dont do panic selling because if you do, it might be a big loss for you.
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bitcoin for us is also very valuable in everyday life, so I will never spend my bitcoin.
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if it is said to be bad, of course it is not because cryptocurrency has experienced an increase and has also experienced a decline which means fluctuations and it actually becomes an opportunity to be used when the market price is down
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A currency derived its value mainly in its acceptability and ability to transfer. It acting as a store of value works exactly contradictory to this. Sure it can hold value but that value ultimately exists because someone will accept it for goods some day aka transfer it, not for any other “useful reason.”
If no one spends a currency, it’s acceptability goes down. Currency is meant to be spent, spend it. Plain and simple.
I think, today is the bear market. The price is low. I personally prefer to hold than to sell. Becauuse I always believe the market will green again at the next year.
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I always do small transactions to buy some web services. I use Bitcoin as a payment as it's very convenient, more convenient than PayPal and credit card payments.
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I think, we will not sell all of my bitcoin, because I know that the future price of bitcoin will be higher than the current price, so I will also make a lot of profits.
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If everyone will spend it, then no one would want to buy it, its value will go down anyway. It depends on the perspective of different people whether they see it as a long term investment or just like any other currency and want to spend it.
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I will hold the bitcoin for long time investment because the number of bitcoin around the world is just 21 millions it is mean in the future, the price of bitcoin will be more expensive than today.
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for me personally, I will not sell my bitcoin, because I see the price is still cheap now, so I think we will HOLD by waiting for a higher price increase.
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we have to sell coins that we already have, because bitcoin prices are decreasing, maybe bitcoin has reached the lowest price
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in my opinion to wait for the High score we must hold the coin for a long time. because by holding coins, it can increase the price of Bitcoin. because the demand for Bitcoin will be higher, and the supply will decrease. then automatically, people who hold Bitcoin will put a high price on their Bitcoin.
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maybe I will look at market conditions if the market is in the red zone I will hold it back and wait for the market to be in the green zone because I am sure the price of bitcoin will be stable
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Are there other options besides holding the current coin? I don't think so, we have no choice but to hold the coin. Well, throwing coins at this time is too risky because we will be harmed. So, be patient to wait for the market to return to the bull run and prices return high.