Bitcoin Forum

Now that the price slowly but surely approaches $200 mark, many peeps are getting ready to open their purses and shell out big time. Okay, but I have a feeling that the price will crash to 150-160$ just after it touches that number...

Pigs get fat, hogs get slaughtered... Are you really a buy-hard?

Whatever the price is, I always allocate a portion of my money every week to buy bitcoins. I'm in it for the long term, and I've been buying every week since last year. Pretty stacked up by now. Always ready to see the numbers go low so I could buy more!

I'm waiting for it to get a tad bit lower and will start buying up. At this point, you can't be too sure if it will crash to ~$160. As my own personal benchmark, I'm going to wait till maybe a little below $200 to purchase a few more coins. If it does happen to get even lower lower, I'd still buy some coin, just not as much as I would've spent more funds at a time for BTC than I'd prefer. I try to split up amount of money I invest at different time periods so if there is a more significant drop, I can buy using funds I've saved instead up.

Why not just buy a bit here and sell a tad there, thereby increasing your Bitcoin stash step by step (if you don't care for the USD price of your hoard)?

If the price gets any lower to that price, I have a feeling it`ll drop even further.

And thats much of a scare since the average person isnt tune with the technical aspects of bitcoin split. Or they have concerned questions to ditch the coin of what XT will do for bitcoin.

I try to buy bitcoins monthly. And if price fluctuate, I try to short sell, too.
I just bought 3 bitcoins at $265 before price drop, sigh. I aim for long-term(10-20yrs), but still I just lost $150.

The worst thing is to chase a price all over the place. Especially when we don't have a clue where it will go. Ok, there were some pointers the last few days that the price will go south because of the Xt debate, but generally we really don't know in the Bitcoin land.

The best way is to buy a weekly or monthly amounts on any price like the user above is doing. In this way you are calmer and you don't curse yourself why did you buy too early when the price has just dropped.

Price can go lower than $200 this time. As today we observed crisis on Asian Markets and Shanghai Stock Exchange (Shanghai Composite) dropped 8,49%.
This is the biggest decline since 8 years. Every other markets followed the trend. For bitcoin it will be only natural to do the same. It will be the best time to obtain BTC before halving?

Yes btc prices looks like going below the 200 mark. So I feel we need to wait for some time before jump in and buy. May around 190 to 180 range we can start buying in small quantity.

i bought below 200 and im happy ;)

The dip in bitcoin price is not because the XT drama, it's the China stock downfall and the subsequently black monday that we witnessed today. Some traders in my local bitcoin forum saw this coming and recommended to stay in FIAT.

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For me, I buy Bitcoin when I actually CAN.  I no longer use credit cards nor want my ID (some BTC/ATMs).

That means localbitcoins.com (http://localbitcoins.com).  Which for me has proven less then ideal, even in the metro area of a city of 2,000,000.

I don't think I would be following that analogy, and I just spent some money and bought a little btc, because I know what would be right and wrong for my investment. I think it was a very good thing for the price to go down like this, as I got another chance to do heavy investments in projects I simply believe in :) I don't give a rat's ass about what the price of btc is, I will buy :P

Massively agree with that. For many it is hard to understand this but the reason behind is pretty simple. When you are highly leveraged (which is common in financial and stock markets), and you lose (due to market crash), you will be desperately searching for cash...

And cash here means anything but Bitcoin

Nah man, bulls make money, bears make money, but pigs get slaughtered!

It did touch $200 and bounced back, maybe if it drops below it there will be some downward pressure, but honestly, I think $200 is the floor. There would need to be some seriously negative news to push things lower.

not yet though i think it will go down some more imo
like up to 150$ price floor

Lol, some 7 hours ago I was watching how within minutes thousands (sic) of bitcoins had been eaten on the way down at Bitfinex. 211.03, 210.03, 209.03, and then the price finally collapsed to below 200. That was spectacular to see...

The correction is likely a dead cat bounce

IF IT REACHES $200  theniam really going to buy a lot of bitcoins..maybe about 10 Bitcoin will be smile in my wallet everyday ;) not on cold storage iwilluse it too..but then also i am not gonna sell any of my penny from that until the price hits $300 again i wont care it takes 1hour or 1 year to reach there but i will wait for it

Who have money with bags for sure yes. Bitcoin will let not us in mud. Its price will go high again and them who will buy big money will have big earnings. For the savers I don't have predictions to tell. Buy some bitcoin for sure will enjoy them but no money from them. Selling again in the possible high price will not give them to much.

i will wait some before buying again, i'm lokking this 200$ support

I was thinking $200 may be a good price to buy in at, but I'm not sure there is enough buy support even there to risk it.

I think people are shaken right now seeing whats going on with btc and global markets to take a chance with btc, mainly becasue its proven that it certainly is not a store of value

I had been watching the price collapse to $200 (and below) this night (morning in China) real time at Bitfinex. There were a few BUY orders around $210, each 1,000 bitcoins. They got wiped in a matter of minutes...

If this was not good support, then I don't know what is

exactly my thoughts, everyone has been saying at every price point that these are "cheap coins" "great buy opportunity", etc.

But I feel like so many people have lost money now that the market is becoming very thin, and there are only so many people left that actually dare to buy in.  This is worrisome to me.

If I will buy hard now then there are a lot of chances that I will also die hard.  ;D
Don't you think that at this point buy only that much that you can afford to loose and see the market.

I would buy hard from now till the bitcoin xt.

But smaller increments so you can buy more when the whole wallet users are kinda forced to use the xt.

I would not buy anything because bitcoin prices are down dramatically, but if it really will come down to $ 150 I might buy food or a new computer  :D

I think that this was the lowest price point which bitcoin will hit these couple months, so yea buying hard would be the smartest move. You should buy now and sell later once the price recovers and rises.

those who managed to buy below $200 were lucky. i managed to grab a few coins at $203 which i am very happy with. don't think it will go below $200 again.

You never know whats the bottom.

People try to stop the down trend and they face rolled, so I wouldnt count the bottom is over since everything is unpredictable as you should know it.

$100 difference, couple weeks ago, and then what about now.

I think it's time to buy bitcoin massive, before prices really go up  :D

I think the price of bitcoin will sink below the $200 mark and that will be a good time to buy bitcoin. I get paid weekly from my signature campaign as well as any other jobs I can get on this board. Times may be hard as far as income for me is concerned, but like others, I am in bitcoin for the long term. There will come a time where the price will be astounding.

A new low or not, I don't even care. I'm in it for long and I'm still in profit anyways. :) Snatched some sweet coins at around $200. Sold some when price is $297 a couple of weeks ago. I'm happy with my decisions in bitcoin so far. :)

I'd wait and see where it goes before dumping my money in it. Bitcoin is not a safe investment at the moment.

There are no safe investments atm except for precious metals. Stock markets are falling too.

Buy hard at $1/BTC.

Let the waiting begin!

https://i.imgur.com/b73HvRE.jpg

If you expect the price to be 10,000 USD at some point, does it then really matter if you buy in at 200 or 230? It is just a matter of getting in on time ;)

You've been lucky enough not to buy at $1,000, sell at $1,100, and then buy back at $900 (or at $690, lol)... So far, till you get caught needing $190 to break even...

With the price at about $10 per coin

Do you have a flesh-eating terminal disease? 18 month downtrend, should hit $1/BTC again in all of our lifetimes.

Lets be realistic here. Bitcoin won't ever reach $1 again. It won't reach 10.000 either. Please stop being so extreme here. Every kind od even niche adoption won't pump the price up.
It will probably stabilize but it won't reach any high numbers. It will be quite the contrary. And from the other side, bitcoin won't decline to $1 because amount of assets invested in bitcoin tech is already too great to let it go to waste, it will be rescued by big whales if price will go so low. So yes, this day is the best what you can get and buy cheap bitcoin. People just don't realize it fully.

I can't tell if you are serious or not. Btc won't hit $1, if you really think it will then you think why are you here? If it were to ever hit $1, it would be because something new has come out that everyone left btc for, meaning essentially it is worth $0

Thats the dream for all of us lol.

Bitcoin hitting $1 would be a blood bath, and I know people be buying the thousands. Yeah, something new is highly doubtful since bitcoin itself is new already despite how long its been.

I doubt people can replicate bitcoin w. the blockchain without being called alt coin.

yeahh... look now :)
price 220$,  I think some people who buy hard bitcoin at price 160$ and still hold his bitcoin very happy with this state of affairs

not yet though  i think price will go down till the 150$~ price floor
till then patience is a virtue lol

if you think price will be down to ~150$
can you sell your bitcoin to me ? i will give you 200$ for every 1bitcoin LOL

Partly why I'm here. I was unaware there was a law that people who think BTC will return to $1 are prohibited from being on bitcointalk. ::)

before bitcoin hitting 1$ some people will buy hard bitcoin at price 2$  :D
and i will buy bitcoin at 3$ before you can buy at 1$  :D :D

Continue the day to buy. Maybe not hard to the same to buy. The price is good so hurry people. Bitcoin is giving sign of increase so are not to other many days such those. Who have money in the bags don't leave those there. Use only some of those....

I will start buying some less than 200 mark but as of now just watching the price movement. Lets see whether prices will stay above 200 mark or not?

i have hail mary double digit bids but im probly waiting until mid september

A dead cat bounce, obviously, lol. The market is thin, so a whale big enough can make many people happy the hard way...

yeah it's a good day to buy BTC
because i believe next month the price is going up again  ;D

It is going up again NOW! Buy hard or die young!

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I just buy when I can and when I have extra $$$.  Just like I bought gold (my wife told me stop buying gold (I have "enough"), and I obey her when things get serious...).

At $240, the BTC price still seems "reasonable" to me (that is, it is UNDER my average cost, I will not be back in the green until BTC is about $300).

Unless you are a strong "True Believer" in BTC and KNOW what you are doing, I suggest a 1%, maybe 2%, max holding of BTC vs. your total net assets.  If BTC goes WAY UP (say $5000), great, wheeeee!!  If it goes to $0 or even to $1, well losing 1% or so of your money will not be horrific.

YMMV!

It depends on your perspective. Are you here to make a quick buck? then buy right now and take a wild guess of what the price will be in a mouth.

Are you here for 10 + years as a long term holder? Well, then you know the deal: buying anything below 4 figures is cheap as dirt Bitcoin.

how about now? still good day to buy bitcoins?

It is tough to take a call after Bitcoin moves up by 10%. If you are a long-term bull, now is as good a time as any other time to buy.  :)

if you plan to invest and hold your coins for the long term, then most definitely yes. for the very short term it remains to be seen. there still is a possibility to see $220's again.

A) Buy at $53, since any higher is too much!
B) BUY now, since prices are heading up to above $3,000 soon!!
C) Buy (and earn) BTC because the Bitcoin project is awesome.

Which option do you like?

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Tomorrow (Friday) may be a good day to buy hard.  I hope to visit my city's first BTC ATM.

I will buy as much as it will let me.

For me, I have bought more lately from localbitcoins, but it is very hard to put a deal together to meet people at Starbucks.  But, when I can, I go in large.  I buy pretty much when I can...

What if the gemini exchange changes your view lol.

They are super delayed, but it can change the price point on some levels.. I hope.

Many folks would agree that anything below $250 is a good bargain

Today I bought some from the new (and ONLY) BTM in my city.  It is TWO WEEKS old, and the operator is still "working" on the internet access for the host (a cafe), but I was able to get some BTC.

I had to provide ID though, which was scanned into the Lamassu.

They charged 9% over "spot".

in my opinion today isnt a great day to buy.  Price went up $10 a few days ago, adn looks like that run up has stalled out.  I think we'll be going back down to at least the $225 level in the next few days, and maybe further down.  Really depends on this "stress test" and how extreme peoples reactions are to it.

well we can agree that 200-225 is the bottom, so buying at that price, if it ever fall back there, would be mandatory if you want to make profit

also 10 isn't a big different, current value is still a great deal for future "buy low, sell high"

i think nowadays its always a good time to buy as bitcoins is in low price

Waiting for it to go up again approaching the 300 level so that i can sell and buy back at lower price. The way this trend repeats itself a lot of people is going to end up rich.

the bitcoin price isn't that low. to be precise, it's quite a fair reflection of the current situation we're in. if the price was really low people would have bought it up directly.

it's good day to buy Rupiah :)
now IDR (Indonesia Rupiah) very chear you can get Rp. 14.300 for $1
im sure for next 3-5 mont we will stable at Rp.10.000/$ ;)

You should certainly weigh the risks. All major developing countries (those of BRICS, before all) have their currencies exposed now...

Im sure with goverment of mycountry, after paket september 1 release (http://www.bbc.com/indonesia/berita_indonesia/2015/09/150909_indonesia_jokowi_paket)
jokowi will release more solution

you must see it....

please support Indonesia, buy IDR and hold it ;)

bitcoin price can drop again its presently at 240$ but i can guess that it will soon reach 300$ so once it droped i will buy what i can with the money i have..hope this time i can surely can make some good profit

alot of users are predicting that the bottom price of bitcoin is around 200,personally i think its bottom limit is like 220, because if it drops any lower, EVERYONE is going to get on the buying train and bring it back up.

We've been hearing that since the 400's though.

I agree on this too! I don't see it going under $200 if some major crap doesn't happen. So anything between $210-$240 is a great buy for the future.

Gemini should come soon as far as I've read, they are done internal testings and the price has been already added to some websites of the style of bitcoinwisdom. I don't expect much to happen unless all those old money doubters start buying bitcoin en masse and at the same time. Other than that I expect a couple more months of a nice bullish stable low price which is perfect for me because that just means i can keep buying monthly and making entire units of BTC before it becomes mission impossible to do so.

I think you are wrong, bitcoin price is has a value fluctuations up and down
now price 230$ i think can down to 220 and can up to 240 again

But don't forget that we are 44 weeks away from the halving. I'm excited for that as well.

I think the current price of ~230 is a pretty good buy for future.

But I don't think it would go up in price any time soon. Not until the scaling problem gets fixed at least..

The halving next year should definitely help it a bit

The scaling problem is becoming bigger than I expected to be honest. IMO we should have an in-wallet voting system to solve stuff like this.

But you realize that wallet voting could be abused? Someone can has dozen or more of wallet and vote multiple times? How we can control it?

You would need to use a vote system like this:

-You give people the candidates to vote on (you can have more than 2 options)
-Then you estabilish a date, from (ex. from 31-4-2016 20:PM CET to 16-6-2016 20:PM CET)
-People start voting using their wallets, they sign a message with their transactions, the bigger transactions are worth more (ex. a 5 BTC transaction is worth 5 points and a 1 BTC transaction is worth one point.)
-Then you just coint the votes, you need to check if there are any coins being sent twice with malicious intents of double-voting but that's easy since coins are trackable).

Just an idea though...

imo BTC will go down now for a bit

No one knows for sure, it is all sheer speculation (a little bit of this, a little bit of that). But your stash should gain despite the price swings

Yes the prices are quite difficult to predict but the trend looks like slightly going down. It went near to 250 range but after that again started to going down bit by bit. Based on the trend it may go down some more  >:(

it will stay around the current level for some time. one day it goes up a few bucks, and the other day down a few bucks. too many people are waiting for the price to move.

If the price goes down, I will buy more bitcoins for dollars that I got when it was higher (than it is now). If the price goes up, I will sell bitcoins that I bought when it was in the $200-220 range...

I marry neither dollar nor bitcoin

That's also true. We are waiting on china to make their next play.

It is a good strategy of making money even btc prices not going very high. But one shouldn't buy in big lump sum at one time for this purpose. Just buy small quantities and sell at decent profit and again buy when it go down. Remember there is always some risks in doing this also but it is common in trading. 

If you don't go big, you won't get big. And you can always close a losing trade, and buy back cheaper (more often than not)...

Trend is your friend, whether it climbs up or spirals down

200 dollars support is essential, if it goes down we will have a big down spike (that will be the best day to buy hard!).

Me guesses you gotta read the opening post. No, it didn't spiral down after it had broken the $200 support level (which is what I had been expecting myself)...

I bought some specie at $198

Many people will test some bottom prices so that they can make some good purchase of bitcoin. But in my view $220 would be bitcoin break even price. So we cant expect much lower price than this.

The price of bitcoin is again down. So its the case to buy some if someone believe that one day the price will go high. There are almost ten months that the price is going down or stay down. Don't you think that will be never higher? I can't accept this.

Some two months ago the price was about $300. Or was it just a month ago?

It was even 310 but I don't remember well when: one month or two months ago. One time within these months. It was now near. But why do you want to know this?

Anyway, this was not too long ago. And in the spring the price spiked to $290, if I'm not mistaken. So it is far-fetched to say that the price is just going down...

And even before that it momentarily crashed to $160

Those prices are not comparable with the hopes of the people about the price of bitcoin. I personally have heard and had hopes that the prices it would be and goes very very higher than those amounts. For bitcoin which is to much volatile those changes and those differences are nothing. For me it is like are the same price.

Repeating myself, to hope for something out of nothing is the most popular form of hope

It was hoping for nothing. The price of bitcoin in very few time (months) was increased in an exponential way in the times of 12000 us dollar one bitcoin. These are facts and not hopes that the prices could continue this trend. It was a trend of months and not days or weeks. Then the other facts tell that the high price is possible. One of those: the number of bitcoin is limited and the popularity is increasing every day. More people know it, more want it, more price will (must) go high.

There are rumors that it had been the Mt.Gox trading bot Willy (Billy?) which had been constantly bidding up the price. Kinda seems times of Billy-Willy are gone for good...

These times are gone already and that rumors maybe were true seeing that the price after MtGox are not moving and is standing at lower levels. From here my situation which have doubt. Could be MtGox which has manipulated the price. And this price can go high but only in remote times.

Today is the best day to buy hard really. No one can catch the perfect bottom price. But anybody can make Avg lower price. So,  around 220 to 230 USD is the best price to enter into bitcoin for long term holding.

Let's see if we don't encounter price slippage in this next days. I still believe sub-200 can happen.

if i had spare cash rn, i would trade it all for btc. the prices have been pretty low recently.

That wouldn't be very smart, remember to diversify your investments because with BTC you are more than likely to be wiped out if something goes wrong.

but until now, it hasn't happened, i'm not counting random sub 200 on one exchange only, those are heavily manipulated to cause a even more heavy panic dumping

the more the 230 value will hold the market the more you can stay sure that we won't fall to sub 200

This is an obvious delusion. I would rather say that the longer the price stays at some level, the more momentum the underlying asset acquires when it finally begins to move (i.e. the stronger the resulting price movement will be)...

Whether it will go up or down remains to be seen, though

This is good day to buy cheap alexium coin https://yobit.net/en/trade/AUM/BTC
Im buy some amount at price 100-120 some day agoand ow im waiting for next update and moon

A great great day to buy hard indeed. I am seriously considering buying with all my available money right now. We're flat, I dont think the price is dipping below $200 again, ever. We may be leaving behind $300 and maybe $400 forever within the next 8 months. I am very optimistic of the route we're taking in the not-so-distant future.

While I agree that Bitcoin is probably pretty cheap here, I would never, ever jump 100% into any investment as volatile as Bitcoin.  Or any investment period.

Diversification is a much better way of averaging out your longer-term gains (and maybe outperform, as many others do NOT diversify, leaving the field a little more open...).

Even if you have a lot of money, I would not suggest putting more than 1% - 2% into BTC.  Especially if you have a family.  And even 1% into BTC is kind-of a lot.

Yes, definitely don't go all in. Except if you are a student and you have spare money on the side on which you don't depend and which you can afford to lose.

I agree about your 1% - 2% assessment. 2% is a maximum for me as well to invest into Bitcoin and I am on those 2% at the moment and definitely not getting over that.

yea we can see a big buy wall at 220$ https://i.imgur.com/yD6CHyj.png
Im hold my bitcoin too

it's not delusional, it's a matter of perspectives and point of view, these are all guesswork...

I remember you confessing that you are not particularly good at trading. What is it now? In fact, what I said is relevant to almost any domain of life. Even babies just before delivery stop moving in the womb, wtf...

Lull before the storm

well this is a guess like everyone else, it has nothing to do with being good at trading, or you're telling me that there is someone good as guessing about an unpredictable thing ? lol

Now you are obviously trying to backpedal this issue. You say that the longer the price stays at $230, the less chance it has to drop below $200. What is it if not predicting an unpredictable thing? Generally, it is irrelevant (how long it stays there), but in reality it works quite the other way round (as I said)...

man you're not understanding, it's not repeating anything it's only a guess like i said above, it's not like because i don't know a thing i can't have an opinion on it

if you simply want to say "i don't know" fair enough, but from my point of view i want to guess about the possible direction and i believe will not go down because of the reason i said above, all this semantic no sense it's useless

As I said, there are no grounds for assuming that if the price stays long enough at one level, it won't go down. This is what you said and meant. I don't care about your delusions and biases (in fact, I profit by them), but only as long as you don't voice them (pretending to be true) since it is a dangerous one...

i'm not voicing anything, again, it's a simple opinion, all my quote are opinion when i'm guessing, after all it's all guessing can't be a fact you know, if you see it as a fact it's your problem only....

i believe you're misunderstand on purpose just to post more but anyway, i don't care...

Your opinion is wrong, if you want me to put it this way, and can lead to potentially devastating financial losses if taken as genuine and authentic. If you yourself believe it to be true (that's to be expected), then it is a delusion (or bias), by any definition...

When expressing a personal opinion, people usually avoid saying "you can stay sure". That's why I won't let it go

As the author of this topic I feel responsibility on my part to keep it free from bullshit

lol man opinion can't be wrong, they are you know... opinion on something that can't be known, wtf you're talking about? i think you're trolling and we are utterly off-topic, i stop here

Opinion (http://www.merriam-webster.com/dictionary/opinion) - a belief, judgment, or way of thinking about something : what someone thinks about a particular thing...

Now tell me another

I agree with the statement. We categorize objects and prices all the time. If Bitcoin stays on a price level, then we get used to this level. Obviously, the probability that a guess like this is true is low in a highly volatile market like Bitcoin's, but it grows while stability is growing.

Perhaps we do have now a probability of 10% to "not falling below 200" this year. In one month more Bitcoin staying at this price level it could increase to 12 or 13 %. (It's only a raw example, not a calculation I actually made).

You cannot calculate such probabilities (or otherwise measure them). And I'm not talking about any definite number like 10% or any other number for that matter. I mean any such methodology would be pretty much useless. Why? Because for such calculations to make any sense you should know the probability distribution, that is, a probability of each possible Bitcoin price, which you don't and can't know...

Unless you have a time machine indeed

I wouldn't place my trust in a big buy wall... The one purpose of a huge buy wall is a great opportunity to get dumped on hard. Sells will be absorbed easily.

The price of bitcoin is low so yes now is a good time to buy if you have the money to invest. I think bitcoin has a lot of potential as a technology and I don't think the price will dip below $200 again. Bitcoin is still in development and anyone who is using it now in my opinion is investing in their future.

There are tons of fake walls being put on both sell and buy orders. If you go on bitcoinwisdom or specially in Poloniex you can see how there are walls being created and then being taken off suddendly trying to trap other people's orders on there. Poloniex also has an annoying bot that automatically creates orders of +1 satoshi increments. Is there any logical explanation for this?

Maybe the bot is trying to get it's orders filled first?

My opinion is that you can get a rough idea of probabilities (not what will happen, but probabilities) based on past price behavior.  Same with almost any other prices.

Probabilities like that can be calculated based on data.

But, Black Swans and other unpredictables will always confound that.  Nonetheless, IMO it is worthwhile taking a look at past price behavior as ONE VARIABLE in making decisions to buy/sell BTC (and even gold).

I had been of the same idea just a few years ago. No, it doesn't work. And what is even more troublesome and damaging (besides just not working) is the feeling of false confidence that may and will cost you dear in the long run...

I learned it the hard way

...

deisik

But the mere exercise itself trying to assess probabilities, however subjective and imperfect, is instructive.  If only to force you to look at various possibilities, differing conditions and perspective.

Of course I do not claim that trying to enumerate outcomes via probability achieves any better than random guessing...  Looking at "probability" is just one analytical tool in the box.  It is a useful one for me though.

Perspectives are often what I seek in assessing investments and much else.

I dont think there is really a certain good day for that I think you should be investigations first before buying.
One advice from me. I hope it helps you.

I was expecting you to say something to that tune, and have already thought out my reply, wtf

Nope again, it doesn't and couldn't possibly work the way you look at it. How come? Because this mode of thinking is toxic per se. Humans are prone to what gives them false hope and provides fake confidence. If you are going to trade and trade successfully (otherwise I see no reason to engage in this activity), you'd better drop this idea altogether as fiercely detrimental...

All I know is that the market is full of uncertainty and all that stuffs, prices may rise and fall and it is a good time to buy when the price is low.

It is not just a slight bitcoin price drop. As  far as we can see current price is constant and there are no promises of any change.
For me it's clear that without really huge positive news (afaik there won't be any soon) bitcoin price will remain stagnant until 2016.

I do not trade.  I only buy Au and Pt as income arrives (I have paused buying Bitcoin, and may not buy any more -- my purchases of BTC were more of "if available, buy!" nature, due to it being hard for me to FIND Bitcoin suppliers).  Yet, I do look at everything I can to help me decide which of the metals to buy (for example, the Au:Pt ratio is now about 1.22 now, platinum is WAY undervalued vs. gold by historical standards).

The above observation is not about probabilities, but is an example of the way I look at investments.  I like Pt as an investment now, but gold also seems undervalued vs. paper...

Again, I do not trade.  I DO value trading comments (and charts, etc.), as further variables to go into my hopper for churning in my brain.

My PMs will go to my kid and/or grandchildren (if/when the latter come...).  With luck, our family's gold will never be sold.

Bottom Line:  Peace to you.  Differing reasons to invest in gold or BTC are all OK as long as prudence is practiced.

It's obviously going to stay where it is until the halving. It's the most sane reason to believe. Of course, no amount of technical analysis can ever tell you what will happen. I mean look at what happened with Volkswagen. They had prospects to become the #1 manufacturer of cars in the world and their stocks crashed in a day after the fraud incident. Any news can make the price crash or go moon in a day.

Don't think any day is good for buying at one time instead accumulate your coins slowly bit by bit to get best price because no one know which day is best for investments

I don't think that this fraud incident will significantly (if ever) affect their position in the car manufacturers' pecking order...

A good day to buy Volkswagen shares (with Bitcoin)