Post
Topic
Board Bitcoin Discussion
Re: Who is getting out?
by
AngryDwarf
on 22/03/2017, 17:09:12 UTC
I'll just hold and see what happens long term. Nether put any fiat into BTC, so not worried if it turns into the Zimbabwe dollar. If it turns into a future viable valuable currency then great. Nice little retirement fund in that case.

If a contentious fork does happen, I expect the markets to go 2008 banking crisis style. Smalltime 'clever big boy pants' leveraged traders are highly likely to get wiped out in the volatility. Some of them will quit trading. Others will become better traders. But I for one will just stay out of it and let the real economic powers fight it out between themselves. The real winner may not be known for many months or years, so I'll just hold onto pre-fork coins rather than try to be clever with them out of greed.