Quote from: posi on October 27, 2017, 08:53:09 AM

Quote from: cryptofangl on October 26, 2017, 09:24:43 AM

Quote from: usuksobad on October 25, 2017, 09:57:04 PM

Risky stuff, Satoshi Nakamato has a big part of all the bitcoins. He can dump it any time.

I thought about it, too. We do not know the main owners. What can happen.

Only good things will happen mate. Do you know or remember the reason why Satoshi created bitcoin in the first? He created it to be decentralized, to save people from the inflation and to gave financial freedom. So why would he destroy what he has done? It make no sense.

I advice to hold many bitcoin as possible and be gald in more years to come.

I don't think Satoshi will dump all of the one million coins at once. If he did, people will be rejoicing since it will pump bitcoin down so hard that late comers will be able to buy at a really low price. I see no reason as to why would he do that though. His mission was to create financial freedom for the masses and he did great with that. I do think that Satoshi will instead dump his bitcoins little by little (e.g. 1BTC a day sell) and then just carry on with his life living as a bitcoin millionaire. Satoshi probably have more than 1 million bitcoins since he is one of the first ones to be here, might as well be the first one to mine bitcoin and there was no bitcoin halving yet at that point so the mining rewards are a lot more than as of today.

Quote from: richcorner100 on October 27, 2017, 07:26:47 AM

In my opinion yes, because by holding Bitcoin can be more profitable than day trading and the risk also lower than day trading. If you dont have time to trade and dont have knowledge about day trading for the better just holding Bitcoin. More profitable and less risk.

So basically it's a case to case basis. If you have no idea about day trading, you'd be better off without it since doing it will just open a huge chance of you losing your bitcoin. It will be a lot better if you just hold your bitcoins instead.