A Treatise on Never Selling Your Bitcoin


#163

I’ve been thinking about this treatise more and more and had an epiphany while in your 2018 prediction thread.

“Big companies will begin to understand Bitcoin as a monetary policy”

Here’s what I finally put together. Bitcoin is and will always be the gateway to other coins. You want facebook’s coin? Gotta buy BTC. You want ICX gotta buy bitcoin, you wan to cashout, gotta buy bitcoin. Bitcoin is the intermediary or gold as they say. Everything is priced against bitcoin and will always be priced against bitcoin. It is the US dollar of the post-technology world. Didn’t hit me until now.


#165

“If we sell our bitcoins now we will become the bitcoin pizza people” Simon Dixon Bitcoin Hodler since 2011 founder of the Bnk to the future

BTC=$10 million


#166

You are 35k down…
Some down 3 million. Some down 3k… Some down 300k.
If you currently do not need money, HODL.


#167

@tansupahotfiya

That is so TRUE :crab:


#168

I like your attitude! My dad just sold all of his crypto and swears by his Facebook stock that split seven ways. haha Maybe I can get him to buy again if my prediction comes true: Bitcoin to drop below 8,000 by Valentines Day.


Without this bitcoin price would collapse’: Fears grow over tether ‘printing press’ as auditors part ways
#169

The proof is in the puddin baby. Just hodl. It’ll come back. Why even wait? Buy now.


#170

Unlikely BTC will go down,after dips in January from its high of 20k (about 50% correction) now it will move up to catch what it has lost :grinning:


#171

caught this video on my feed. this guy is bullish on btc, but to a 25k valuation by end of the 2018.


#172

not anymore. lots of exchanges are opening up pairs with other coins. if people are going to jump in on this robinhood app, or even coinbase, they can buy ltc/eth and transfer for cheaper to the exchange. theyll probably even have a direct trading pair to their coin of choice.


#173

dont forget XRP :smiley:


#174

forgot about that :shitcoin:


#175

Good share, thanks! What a brilliant idea to value crypto using mining rewards and transaction fees. I am bullish crypto because I believe in the revolutionary block-chain opportunity for more efficient world-wide markets. Each coin serves a unique purpose to make a specific world-wide market more efficient. Traditional investors who want a Price to Earnings ratio (P/E) should consider the booming growth rate of the underlying block-chain economy. That’s why I got my ticket to the big show; HODL!


#176

I will never, ever sell.


#177

Is becoming hard to hodl (JK) .
I will never sell as well. Just wish this pull back to be over.
In my opinion this pull back is pretty much orchastrated by Miners. As Antopolonous has stated, big miners can short btc, sell all of what they mine, profit from the selling and lowering the price of btc with the selling pressure.


#178

It’s starting to look like a really nice time to buy more!


#179

1000000% You got it. The time is now. I feels it.


#180

You think so? I know McAffe’s mining operation sold all mined BTC pretty instantly, while not all of them do this, would it be enough pressure to cause such a dip? Maybe they timed it well with the yearly dip to make it more drastic? But I have seen many TA guys calling for $8500 - $7000 range as the target price for the correction pretty early on. Just food for thought.


#181

do you think it will hit the 8500 support? I could see that but so far it has blown past previous support. Not entirely a concern as of yet… we’ll see where it goes. Part of me thinks it could go even lower… could… hmmmmm… all the better to buy more and HODL!!


#182

Don’t care. In 5 years I won’t be complaining I bought at $9000 vs $8000.


#183

pennies in comparison i suppose.