Re: I AM HODLING

Quote from: wbaw on February 14, 2014, 09:40:42 PM

BTC is eventually doomed & will return to 0, but not yet.

Holding is still a gamble (if you ever bought any), you might be asleep when the real crash comes & you wont know until after it has happened.

Other alts will live on, so I hodl those & just keep a few small parts of a btc, hedging reduces risk.

What facts do you base this on? Are you a qualified economist?
There are over 20000 merchants using BitPay, some of the biggest retailers in the world are accepting Bitcoin as payment.
Overstock.com -> http://www.overstock.com/bitcoin
Universities are accepting Bitcoin for yearly tuition fees.
Cumbria University -> http://www.independent.co.uk/student/news/cumbria-becomes-first-public-university-in-the-world-to-accept-bitcoin-in-tuition-fees-9074700.html
The number of merchants and institutions that accept Bitcoin as payment is growing by thousands a week.
We are now the 9th biggest payments processor in the world.
Bitcoin transaction volume -> http://www.coinometrics.com/bitcoin/btix
It is clear that you have no idea what you are talking about.