Bitcoin Forum

Is now a good time to buy or no.

What's your longterm plan?

What you see here is the building of a plateau. (We've seen this before!). We will get a re-test of $330 in the next days for sure. But don't expect it to go far below $300. If this happens it will be a flash-crash.

In Janauary we'll see Bitcoin still floating around $380/400 - so no time to hurry.

PSA: Wait and buy at $330

Last year there were dumps after black Friday/cyber Monday, but this year doesn't have to have the same pattern of events. Nobody really knows what the price will do in the short or long term, the best you will get is a guess. Make up your own mind, anyone giving you advice could have a hidden agenda.

Why ask such question no one knows whats gonna happen it could be 500 next week or 250

Its always a Good time to buy when you don't look at btc's fiat value  :D

Buy at $1600-3200

This made my evening  :D

OP; What makes you think the rate will drop in January? I am fairly sure the price in January won't be much lower than current price level. Stop with waiting, and start with buying. It makes no sense to wait that long and risk buying coins at a price higher than $500.

Hold to 3100 USD ... no so long now : https://bitcointalk.org/index.php?topic=974130.msg13079219#msg13079219



http://40.media.tumblr.com/abf638c7b623f9fa6db9bd53123696ca/tumblr_inline_nydyr0Lo1w1sq14jh_500.jpg
backup image : http://imagizer.imageshack.us/a/img911/6572/YcaEA3.jpg

I would recommend waiting until January. Looking at last year, Bitcoin dropped from $350 to $167 after the holidays were over.

http://www.xe.com/currencycharts/?from=XBT&to=USD&view=2Y

and that a good result because ... unpredictable thing ... is only very natural (like storm/ouragan).
i don't want a Bitcoin with "facilitate" manipulation.

I do not think the exchange rate will drop in January. The price is rising slowly at the moment. There is no bad news.

This.

Wait for the next Price drop and then buy 10000 bitcoins then you gonne be the coolest mf on earth i think :D:D:D
Tell me what you listing for music too because iam interested. Also i wanne know why u want to earn money buy buy btc.
Maybe u should just use it also for payments in the internet to hype it more and also hold. then u can gain the Price rising maybe.

reagrds
lama-hunter

The real lows are long gone by now.

If you plan to hold long, this is as good a time as it gets.

no.



Bitcoin merchand use tiers payment processor ... and it dump immediatly to create no gaps between fiat instant value and bitcoin instand value.

"instand" however...

About 749,000 results (0.30 seconds)

Including this portable, and handy unit... Because who wouldn't want their personal computer teetering precariously on a mic stand?
http://www.instand.com/CR3/insTand-combo200.jpg

Is this tired old trope still doing the rounds? A Bitpay employee let slip that the majority of their coins go straight to OTC buyers who are waiting for them.

Loool! This made my morning haha!

---

If you plan to hold long-term, it's better to just average your spendings on bitcoins rather than buying in one instance.

Buy now or regret it later.
That's what I always say  ;)

Do you honestly think a professional payment processor would fuck around with the exchanges if there was any way they could avoid it?

If you were looking to buy a decent amount of coins you would go to a well established source with a regular supply. That either means a large miner or a business with a high turnover of coins. Bitpay fits the bill.

On the contrary, I have bought AND regretted it later. :D No one can really help you here. Just listen to your gut. If you're right, then congrats. If not, then better luck next time.

Why do you think the exchange rate will decrease until january? is it a bad mud because of the blackfriday and the oncoming Christmas Buyers and the afterwards desincres of Payments?
Would be great to hear about your mind :D I think it will end this year at an marc of 500 bucks each coin . That would be greast fpr my portmonee`

regards
lama-hunter

its never a good time to buy btc.. its also never a good time to get into mining btc..  just stick to altcoins please.

hory shet... they also make a convenient "bagholding accessory(!)", the Bag-Mate™.  8)

https://i.imgur.com/HdbZKno.png

why you say this? when the profitability is almost the same between for example litecoin and bitcoin, maybe some random altcoin can offer a good opportunity at launch, but all i see lately are coins that are launched and die in one week

what i think is that if we are here for the price increase in the long term it's always a good time to buy bitcoin no matter the price, you should concentrate on your target

Bitcoin is not a very seasonal beast. At least not yet. The history is too short to get any reasonable and meaningful conclusions.
And definitely one sample from the previous year won't tell you the story for the next year.
2016 is a very different animal from 2015, mainly because of halving. we are also moving from the descending trend, thus I would expect completely different action than in the beginning of the previous year, as something more probable. Having said that, you can't rule out completely that the price will drop below $200. Although, chances for that to happen are very slim in my opinion.

i think i will wait some more time as bitcoin price rose a bit before the black friday so in my opinion it should fall a bit after a few weeks then i might buy some btc

Why do you always try to explain price movements by comparing it to some dates and holidays. Not every country has a "black friday" I thought it was mainly an American thing and the most coins are bought and sold in China. Why would this black friday sale make people buy Bitcoins?   :-\

If you were Bitpay and had OTC customers lined up - you'd unload BTC on exchanges?

We should enter into a business partnership - I have one meelion BTC and a bridge to sell.

I also think the Black Friday will have little effect. The exchange rate (bitcoin price) is also stable in January.