Will Bitcoins continue to decline?

[aspkin]

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]

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]

Buy Buy Buy!

Next stop 5k ?

[Play]

Originally Posted by aspkin

Buy Buy Buy!

Next stop 5k ?

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

Originally Posted by slokor

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]

Originally Posted by Play

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]

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]

@Nate - I agree wholly.

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

[slokor]

I agree with Nate.
And am happy localbitcoins already sold it and deposited the proceeds in BTC form into my account

[icoholdercom@gmail.com]

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.