Should I sell my bitcoin?

PinguSpy

PinguSpy

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I own xxx amount of BTC since 2012.
But after the hard fork issue I go paranoid.
They will start to implement the bitcoin hard fork on 1/August/2017
On that time, we will have 2 version of bitcoins. 1 BTC (original bitcoin) / 2 BTC (bitcoin unlimited).

Just like ETH and ETH Classic.

I bet, people gonna get panic on that date, and the price of bitcoin gonna drop really bad.

For those that have no idea about what is bitcoin hard fork.

Here the detail: http://www.zerohedge.com/news/2017-03-19/bitcoins-fork-road
 
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If you have BTC from 2012 you are already making a killing, the price has gone down in pass couple of days give it a few more it will rise back up to 2500+ sell it :D again thats just my opinion
 
I dont suggest to sell it now. The plummet just happened because off the media attention it got lately. It will rise again.
 
bruh.. 2012... you already made a mad profit but i dont suggest to sell it now. Wait couple of months/year-two. Hype arround Bitcoin is so big at the moment.
 
I would sell it when it reaches 2500+ again , if you want to keep them for a even more time it is a gamble but if It ever reaches 3-3.5k sell it and be extremly happy because xxx amount means at least 250 000$
 
I dont think it gonna reach $3k after 1/August

Those hard fork, is too risky. It can collapse the entire bitcoin blockchain.
 
These is always the option to sell SOME now and some later... a one time dump seems like an odd choice.

-ThopHayt
 
It's like when you gambling, but you right now are a winner anyway cause you can make a shit tone of profit. Or keep the coins and you have two ways: 1-bitcoin will hit 3k and you can make 50k plus profit. Or 2- bitcoin will fall under 2k or worse and you lose 50-100k.
 
If you are wondering about worth of xxx BTC, here is the range.

100*BTCprice to 999*BTCprice

at BTCprice = $2347

it will be ($234700, $2354643)

i have no regrets as i was kid in 2010.
 
The only thing I hate when I sell my BTC is, I have no idea where should I keep the money.
If I withdraw the money to my local bank, my gov is gonna tax 25% of that money.
 
PinguSpy said:
The only thing I hate when I sell my BTC is, I have no idea where should I keep the money.
If I withdraw the money to my local bank, my gov is gonna tax 25% of that money.
Click to expand...

LocalBitcoins for cash
 
A side question.. When we get 2 version of bitcoin, then which one will be more better? The original or the unlimited one.
 
umerjutt00 said:
A side question.. When we get 2 version of bitcoin, then which one will be more better? The original or the unlimited one.
Click to expand...
The original version have a very bad disadvantages.
- Higher fees
- Slow transaction. Took 10 minutes or above
- 1MB blockchain size (it cant handle that anymore, since more and more people start using bitcoin)

Even after Segwit. This problem still cannot be fixed.

So that they purpose bitcoin hard fork. Basically, a new blockchain (something like that), and using new coin too kind of altcoin aka bitcoin unlimited.

This 2 coins sure, gonna fight on each other and get conflict.

And of course people gonna love new bitcoin unlimited, but how about eCommerce that already implement the bitcoin core aka original bitcoin?

people will start get confused what coin they gonna side with, BTC or BTU including ecommerce.

Either BTC dies..
or
BTU dies..
or
Both dies..
 
Both will die, resulting in LTC's rise. The creator of LTC (Litecoin) is already on his toes preparing for this moment. That is why he left coinbase after adding LTC to it, and now preparing for this. Sell ASAP!!!!
 
If you have no regrets then cash it out mate. Tomorrow is never sure for anything.
 
I think it's good moment to sell at least part of the btc You have.
 
if i were you i would sell 8-10 to see how my local bank reacts to the money coming in and then i would decide what to do with them, if you cann't widraw without getting in trouble, then TBH they are useless, you can easily trade them for paypal money. or find some of the big ballers who are buying millions worth of coins. 25% fee is huge where you from if you don't mind me asking
 
In this business, I prefer that you diversify your business to minimize the risk!
With XXX BTC, I would make $XX,XXX Profit monthly from it, Think about it ;)
 
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