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-   -   Will Bitcoins continue to decline? (https://www.aspkin.com/forums/cryptocurrency/110447-will-bitcoins-continue-decline.html)

aspkin 09-26-2017 11:03 PM

Re: Will Bitcoins continue to decline?
 
It's holding steady around $3900 ..

It's going to jump soon I feel.

I'll load back up in a day or two.

slokor 09-27-2017 03:51 PM

Re: Will Bitcoins continue to decline?
 
Looks like its heading up again.
Crossed the $4100 mark and heading to $4200.
Glad I held on to mine. I just got a nice deposit from localbitcoins for all the BCH they received during that hard fork in August. They converted it to BTC and deposited the appropriate amounts to anyone who had a balance with them during that split.

aspkin 09-27-2017 08:00 PM

Re: Will Bitcoins continue to decline?
 
Buy Buy Buy!

Next stop 5k ?

Play 09-28-2017 03:45 AM

Re: Will Bitcoins continue to decline?
 
Quote:

Originally Posted by aspkin (Post 874227)
Buy Buy Buy!

Next stop 5k ?

I firmly believe it will hit 6k by end of January 2018. ;)

Quote:

Originally Posted by slokor (Post 874196)
I just got a nice deposit from localbitcoins for all the BCH they received during that hard fork in August. They converted it to BTC and deposited the appropriate amounts to anyone who had a balance with them during that split.

I didn't even know we we're entitled to the Bitcoin cash - found out earlier this week. Though Coinbase won't be releasing it anytime soon. No bother - I'm sure it will increase in value during this time anyway.

Am I right in saying if Bitcoin forks again, we'll get an equal amount of that too?

slokor 09-28-2017 10:45 AM

Re: Will Bitcoins continue to decline?
 
Quote:

Originally Posted by Play (Post 874283)

Am I right in saying if Bitcoin forks again, we'll get an equal amount of that too?

Yep. That sounds about right.
This time though Im moving all my BTC to a software wallet under one single address to simplify holding on to my private keys once that happens. Id like to have total control over my cryptocurrency next time around.

nate 09-28-2017 11:16 AM

Re: Will Bitcoins continue to decline?
 
I don't think I see any thing positive in the long run about a free gift (Bitcoin Cash) having value. Everyone who got it obviously wants it to. But in the long run I would think it will end up devaluing the original if this free gift gains value. The more forks and free money handed out, it seems its the same as just printing more money which devalues currency in the real world.

If someone has a better understanding please enlighten me.

I'm under the impression this fork was pushed out without agreement of everyone involved. It was like an experiment to see if something given for free could maintain or gain value.

I would think the best option would be to sell off the BCC before it devalues. From what I've read about it I wouldn't invest in it, but maybe I'm missing something....

Play 09-28-2017 11:36 AM

Re: Will Bitcoins continue to decline?
 
@Nate - I agree wholly.

I will exchange it for BTC the moment my exchange hands it to me.

slokor 09-28-2017 11:56 AM

Re: Will Bitcoins continue to decline?
 
I agree with Nate.
And am happy localbitcoins already sold it and deposited the proceeds in BTC form into my account :)

icoholdercom@gmail.com 10-13-2017 09:51 AM

Re: Will Bitcoins continue to decline?
 
Now we can see that some countries start to bann bitcoin and it has influence on his price. But after all the price is growing again.


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