I'm curious, why did you ditch your main account to pursue building up this one? You're an alt account shitting on people for being "peasants"... why? Does it make you feel jolly on the inside, your dick feel bigger, or what? Just because you're in a higher paying campaign, you're not also a peasant? Get real.

Most people on planet earth can't afford to sit around and HODL, hoping that bitcoin will one day do what its supposed to do. And that's not their fault. Find some humility and courage to post under your main account and then I will reward you with half of a ballsack.

Please, just stop. You're embarrassing yourself. In general I agree with your principles but its quite obvious you've resorted to posting under your alt for the sake of slinging shit. If you had something interesting or useful to say, you would have posted it from your main account.


I should hope not because you are in a signature campaign with your main account.

A few other posters have tried to tell you that you're missing the point, some more politely than others.

If people have bitcoin and no money, then blaming them for cashing bitcoin out for money is lame. Simply yelling at them for being poor or overinvested in bitcoin changes nothing.

I think it depends largely on how Bitcoin gets adopted. People who have a sell target probably intend to sell not just because they want to have dollars/other fiat, but because they want to purchase something with this money (a flat/a car/tuition fees etc.). So it's easy to shift focus from BTC-USD to BTC's purchasing power, and essentially have the same idea, but in a fiat-free form: the idea of exchanging BTC one has been hodling for goods and services that can now be purchased due to the increase of value of Bitcoin. The problem is, we don't know if in a few years from now it would be no problem to purchase something serious with BTC, so the price/purchasing power might go up faster than direct spending of Bitcoin becomes available.
Dollar is not great, but it is something you can actually spend, whereas spending Bitcoin directly means having very limited options of what to buy and where. And taking this into account, I think that having an idea on when to spend Bitcoin on something is better than hodling indefinitely.

Sensible! This has always been Satoshi's goal. It is a currency and wasn't intended as an investment. Right now, people are buying and selling back because it's still affordable. When it becomes rare, difficult to own, that's when people will see its primary meaning.

Well if you dont then you'll simply miss the chance to sell at an all time high and you will find yourself holding those bitcoins for another 1/2 years to reach that price point again when you could've simply sold and reinvested, so no i completely dissagree with your point here...

Whether they sell their Bitcoin at any price or not, it doesn’t change anything about Bitcoin being a technology that was created for peer to peer transaction.

Everyone has their own choice and I know why a lot of people wouldn’t Bitcoin is because the price is volatile, though we are aware that the price can still increase in future, some people are always using their money for steady transaction and that money can drop at the time they need it, that’s why they wouldn’t consider it as their main place for keeping their money. As for me I divide the money I put into Bitcoin into different addresses, there is a little part I just keep that I use for transaction just because I like bitcoin, then there is the one for investment, it’s just like that.

You do have a point. But I think you should have a clear goal of selling it. Its true fiat doesn't hold up to the expectations of decentralization but it does have value and there isn't a stable system in place for crypto usage. That's why people still need to sell it at a clear point.

I guess what most people are missing is this.... Let's say you bought Bitcoin now at $20 000 and you hoard it for a few years... then in future when the price goes to $100 000 per bitcoin... you would effectively have higher valued Satoshi and you can buy more with those bitcoins.

So at a price of $20 000 ... you could have bought a car for say 1 bitcoin .....and at a price of $100 000 ...you can buy 5 cars for the same bitcoins. (Not having to convert back to US Dollar, because most merchants and services will be accepting it as a payment/currency then)

                                                                        It is a currency... not a commodity!

I will disagree. Not all bitcoin users think like you do. The most common concept of others holding  bitcoin is to earn. This is why many are excited knowing about the ATH because they believe they can earn. Yes, they can earn so never blame why many people seeing bitcoin like this an asset and as an investment.

Based on this, they say that there are traders and there are investors. If you invest as an investor, you must determine for yourself the time moment, the time allocated for investment, after which you would like to have a profit. And investments, as a rule, are designed for long-term storage. And yes, in any case, the profit from the hold is always greater, the probability of losing a coin is minuscule, in contrast to trading.
But I agree with everyone who unsubscribed in confirmation of the facts of the sale by the most common human factor. Anyone in trouble will sell bitcoins if needed due to a lack of other funds. Because one way or another, at some point everyone will find a reason to sell it