Quote from: BitcoinBarrel on July 17, 2017, 01:47:52 PM

Quote from: ktabb on July 17, 2017, 01:08:20 PM

Quote from: BitcoinBarrel on July 17, 2017, 03:54:43 AM

It's hilarious to me that finally the price of Bitcoin is sub-$2000 after being at an All-Time-High, and people are dumping their coins instead of BUYING.

You shouldn't be selling your Bitcoin AT ALL, and acquiring as much as possible, you want to know why?

Because if there is a Hard Fork and a new Blockchain is created with Segwit activation, you will end up with FREE SEGWIT BTC. That's right, you will still have your Bitcoins PLUS the new Segwit coins on the new blockchain. If you have 10 BTC, you will have 10 BTC + 10 Segwit BTC. So if you were smart you would be acquiring as much Bitcoin as possible, especially while it is cheap, before the Hard fork.

That is my opinion.

LOL dude your logic implies that the market cap for Bitcoin will double for no reason. If everyone is going to have twice as much btc, this will literally have the exact opposite effect. Bitcoins will each be worth half of what they are now, meaning that doubling your coins will leave you at the same balance.

Also Bitcoin is clearly overvalued and now entering a long term bearish trend until the next bubble (likely 3-5 years from now) so it is unethical for you to be telling people they should be buying when in fact there is no real reason to do so and in all likelihood, listening to this advice would be very financially harmful.

It could be unethical for you to be telling people not to buy. People can make their own decisions.

Telling people on this forum to buy is like bringing a gambling addict to a casino and encouraging them to throw all their money into roulette. Telling people to sell or not to buy when bitcoin is clearly entering a bearish trend is like telling them not to gamble.