Bitcoin Forum

Hey all, just as the title says, did anyone buy bitcoin when it's price was at it's peak ($1200)? And did they sell as it was dropping, or did they still hold on? I personally felt something was happening when it peaked :-/

So, back to the topic. Did anyone buy, and did they sell as it dropped? How much did they lose? Did you feel really really sad? What kind of an emotional impact did it have on you?

I brought about $10 of Bitcoins when it had dropped to $1000 to gamble on altcoins. I lost most of it, there's probably a few cents worth of worthless altcoins left from it. It's a good thing I didn't have more money to gamble with back then because I would have lost almost all of it making dreadful bets.

i paid my rent bought some food and a few other things during that spike.. :D

66% discount at todays prices :D

Some bought because of FOMO and sold immediately when they saw the price rapidly dropping, that's for sure. Seeing that there are still some people blaming bitcoin because of the wrong decision they made during the run to the ATH (can still read some rage post of bitcoin taking away their life savings etc.)

I only bought at 250 and 600 a year ago. Most of them went into miners which i already sold for quite a nice price.

Buying at 1200 would have been foolish, every person who did this has lost over 50% of it's money.

I was watching the price in 2013 when we had the huge spike, but I didn't buy any bitcoin until early this year, and I think the price was around $330 or something like that.  There were enormous swings in the price two years ago and it looked way too volatile for me.  It still is but my risk tolerance has increased somewhat.   ;)

i never know bitcoin went upto 1200 lol, i thought the highest was around 1000. i started using bitcoin when it was around 1000 but didnt really buy much. i remember buying like 0.01 coins

1,254 or something is where it topped out! lol  I didn't have any at that time.

I bought and sold some Bitcoin throughout that whole period, but I made more than I lost. I bought a bunch when they were still at around a hundred dollars back in early 2013.
I do remember only buying very small amounts (Euro-wise) when it was at its peak. The bubble was too obvious, I knew it was going to drop after it hit $1000.

Still happy with the choices I made back then, and I expect another bubble pretty soon, though this is just pure speculation.

no, i remember i had only one btc at that time so i was holding strong thinking that we were going much higher, instead we crashed

still holding that btc plus other now

A family member of me wanted to buy some coins just to try out what it is to have Bitcoin, and what it is to spend it, etc. If I'm not wrong, he bought $30 worth of Bitcoin. At that time he received around 0.028BTC for his $30  :D

I have purchased all over usualy only .1-.2 but yes I have. Most my BTC has come from alts though. Can't say I have purchased more than 2 BTC in the last few years.

On that time i got some email talking about bitcoin ,it went into spam box,i read something and i thinked hell another project to scam ,buy something i dont know well deleted ,i dont remember the right time but im pretty sure were when bitcoin were around 50 dollars ,but well i had some 2k invested into forex on that time,lost all anyway for me those were scam now well i keep happy and pissed i didnt search more about it on that time.

i'm sure so many people buy on $1200, and did they sell as it dropped,and it happen to me on other crypto currency,i ever buy altcoin on cheap price,and after that the price is more cheaper,and never back to bgining price,just like them.

Ive heard of various people on the forums buying at the peak and still holding till today. Lucky for me i never bought any at that time.

I think many also didn't sell because selling is taking loss. In the end nobody likes losing money nor are they pro traders, which understand that taking loss is sometimes the best thing to do..

No I didn't, I never even buy a Bitcoin. And also, I knew Bitcoin when the price is around $300 which is after the $1000.

The highest I've bought at was around $500 so nope.

Bought 1 BTC at aprox $1000  ;D

A friend bought as it was climbing rapidly in 2013. He also had many coins from when it was far cheaper as well. His opinion was and still is to buy under $1000 and his outlook is long term as is mine. People need to quit looking at the price and do their homework. If you've got a thorough understanding of BTC then you have the confidence to buy and hold and not worry about the price. I say to anyone who bought at $1000, good for you! If you're still holding you will be rewarded nicely.

Buying above 1000 dollar much have been like an panic buy. When i buy bitcoins i always check the history of the price. If is just settled there, i would never buy it, unless i expect it to raise even more.

If someone didn't buy it then price wouldn't go up that higher. Yes I've bought some @1100$ ;)

Hehe true. Tell me did you sold them to prevent a larger loss. or did you keep them.
Hoping for a day to sell them back at 1100 or higher?

Bought before that but was too scared to sell, even though I kept telling myself it would drop for sure..

Reverse FOMO, fear of selling and missing out because of that is probably the feeling.

Probably many people lost a lot, but it is also likely that people sold their coins on the way back to 800 and 600 if they thought they were going to the moon at 1200.

Yeah most people are not willing to say if and how much they lost, But looking at the volumes that time, billions of euro's/dollars has been lost.
Going back from 1200 to 200 means some people (if they even sold it) lost over 80% of their investment. That's a lot mate.

I learned about bitcoin because that price spike happened. So I had to thank Mt.Gox and their bots for this. But frankly, if I was around during that time I wouldn't buy it
At that time price was enormous and it was obvious that it is a pump and dump scenario. People who bought at this peak were either too optimistic or silly to believe it would go higher.

Maybe for you, but not for others. There may have been people who got into bitcoin as the spike occurred and they hadn't had enough time to learn the more finer details of bitcoin - maybe not the smartest move, but it probably occurred all the same.


It's easy to scoff at them now that we can look back at that time period, and that we know it had gone down. However, back then a number of people thought bitcoin would continue to go up, no matter what others said.

All who were engaged in trade on the exchange at that time purchased at this price. I think that's what it costs in the horizon a couple of years back again.

Quantum doge bought at 1500 and hes not selling

until 5,000,000

much wow

so quantum intelligent


http://i.telegraph.co.uk/multimedia/archive/03370/doge_3370416k.jpg

I did, it was not so bad... 1200 usd seemed still a bargaign, considered all the pun that was going on...

do u know how many exxhanges went passed 1200

Many people bought at such levels. Believe it or not, many got a chance to be introduced to bitcoin at that time because of all the attention it was receiving. It's unlikely that those who bought above 1000$ still hold their bitcoins from then, as people introduced to it for speculatory reasons have likely lost faith in the price rising to such levels again. It was a good time to be a trader though.

Yes, that true. Who ever first time they brought about 1000+ by thinking they can make huge profits by now they might have sold all those bitcoins for the huge lose. And also I don't think they will come back aging to bitcoin even price reach 10000+. It is common to any one once they lost trust on any one or thing most likely in their life time they will not look back into that. Lucky I didn't buy any at that price but started trading only recently. Currently prices looks like up trend don't know how long it will survive that price.

I haven't bought any bitcoin when price was at 1k mark. Better to say at those days i am not involved in bitcoin trading. Buy on steady price as it is more likely to go upward because steady price show people are holding for that price.

all could happen. nothing is impossible in today's digital world coin. not least bitcoin  ;D

Nope instead of buying i am selling at that point, make a huge profit at that time

Ita feel so good, when the price is aroung 500$ i buy some of it kind of regret this one but

now i am investing it and wait for the right time to sell it

I don't know anyone that bought when the Bitcoin price was at its peak. They would have to be pretty stupid to do that, don't you think? I personally bought Bitcoin at $100.

Yeah, that's exactly what I did as well. I bought again when the price went down to $300 and I am hoping that it will rise over $1000 in the future so I can sell again.

Really... $1200 is a bargain for you, you must be real rich. It doesn't really seem like a bargain to me seeing as that you could have bought Bitcoin when it was just a couple of cents.

This. Lots of people bought at 1000+, that's why the price went that high in the first place (Willy aside) and was the time when BTC had its greatest exposure. Of course when the price goes so high so quickly, the new dumb money can't really absorb many expensive coins whereas the earlier adopters have endless quantities to dump...

Many people dont like to admit when they are wrong, and buyin at 1200$ is a wrong thing to do. As I see here some people did buy at that time and I believe there is more of them here who did the same thing. I think people will buy bitcoin even for much bigger price then 1200 $, if just half of predictions are true bitcoin will worth much more then that, so these people are not stupid they will just need to wait a bit longer to earn some money, and of course they will earn a bit less.

I bought at 1250$ in my local exchange. Some people bought at 1400$ because our market is crazier than any other exchanges.
I hold them for a long time but lost at some point. You really have a very bad feeling when you buy at top. I hope I won't live same thing again.

Maybe yes maybe not, many possibilities.

yes i'm also buying bitcoin when it price $1200 :( i forget how much i buy,but lukcy for me,my friends suggest me for sell it before the price going down smaller than $1000. from that, i can learn about hold bitcoin,and make me harder to find market speculation.

When did we even top. At $1400? Even at some exchanges out there at that time, no trades have been recorded over $1300. If you bought at the top, that isn't gut feeling but rather FOMO you've just experienced.

I didn't buy at $1200 but I know if i had the money, I definitely would of. Now it seems just picking up a few bitcoins for $300-$400 seems like a relative bargain at the price at those times. The real issue is how long individuals are willing to wait and the amount of coins they have in their possession until bitcoin is widely used. I myself have some bitcoins which in the foreseeable future have no intention on spending.

Its those time that I really got interested to bitcoin but never really bought. I was earning through the giveaways of generous individuals here during that time. :) When it dropped, left the forum and suddenly encounter a bitcoin job while gradually learning the technology. Its sure a serious blow if you've bought btc at its peak.

I really really thought about buying at that time, lucky for me (i suppose) I was having money problems at the time and didnt have the extra fund in order to do that. Im just glad I bought in when I did :)

I do not buy it when the price of BTC $1200, because I think this will be a very big risk if prices go down very much.

No, I didn't buy because to invest in something you should have extra money and what I normally have is just the amount to buy food, to pay bills and to spend a bit on fun. But even if I had the money I wouldn't buy at $1200. At the time I thought that  the fair price for 1 BTC is $1000 and that it will drop from $1200 to $1k and will stay there forever. I was wrong obviously. )

to be honest i never did buy bitcoin during $1200 also i didn't sell my bitcoin in that price because i was late and never felt bitcoin reach to $1200 and when i know about bitcoin and start to collect it the highest price of bitcoin is only $700

Very rarely people would have bought Bitcoin during $1200 and most of them would have tried selling their BTC I wish I had stored some bitcoins to sell it during that peak time

I bought my coins when BTC was going at $10 per coin. Some of my friends bought Bitcoin when the rate was $0.1 per coin (mostly in 2010 and 2011). I don't know anyone who bought the coins in 2013 December, when the peak price ($1,200 as per Mt Gox, $1,050 in BTC-e) was reached. IMO, at that time, most of the buyers were from China and Hong Kong.

I know bitcoin when it reaches $1200 did not last long. i also know bitcoin when the price of $1000, even my first sell when the price at $800

Same thing happens with most of us we need to be more focussed on Bitcoin and keep a track of all the fluctuations because during these fluctuation we can earn more profit . i.e when the price is high sell it and when the price dips down buy it

I knew bitcoin when the price was 250:200 in last summer . I can not imagine how big loss I would loss if I bought btc in its peak price.

If someone bought it then and never sold it at that price I feel bad for them losing so much money but there will be a time it will climb higher than that

If btc reach $1200 i exchange all my bitcoins to fiat :D
Buy time: 200-300$
Sell time: Over 700$
I'm waiting for 2000$ :D

The highest I ever bought at was at $690 and it dropped to 600 fast lol.  A person we know bought 4
at 900 (ouch) he then panic'd and sold the 4 at $500 a month or so later. Gotta buy and hold people!

I bought 1 or 1/2 a coin at $1100 in late November 2013... Still have the coin in an address, just waiting.

Yeah I did. And I bought more at $900, then more at $800, then more at $600...I think all in all I bought about $20k at those prices.

Never did sell.

Sold 200 btc waaaay back at $10 when it was an all time high. Now I'm scarred and can't ever sell btc again because of that decision. :(

...

No, but I did buy my first BTC when the price was in the $700s, headed lower.   I have been a steady buyer since.  If I had to add it all up, my best guess is that break-even for me is the $450 - $500 range.

If we get moves upwards to $1200 again, I will continue to buy.  Breaking past its ATH would be a GREAT sign that BTC will do very well given time.

I did bought some near $1200, approx $1150... My break even is about $750....

Nope I didn't. But I rather have bought them at that price than losing them all on MTGox!

I remember selling bitcoins person to person when it passed 1100-1200 mark, and when i talked to people about why they are investing and their plans,
they mostly had similar answers - that they are very optimistic about bitcoin and how they will hold for longterm. The funny thing is, that they forgot all
about that once it started dipping under , and soon enough - they sold at a loss.

I bought at below 1000 once and i manage to sell back at 800. I only lose a hundreds.

I was selling. Sold 2.4 at 975. Close enough.

Yup. Still holding.

risk my $330. and still hoalding till it reach $1000.and  im very confident bitcoin will make it.

back in 2013 when it peak to $1200 dollar. i think no average joe will fall for that price of bitcoin to buy.

I didn't but I am holding whatever coins I have for the next $1300 price increase  ;D

I didn't, I never buy bitcoin in 2013, even I do not know that bitcoin ever touched $1,200.
I ever bought when the bitcoin price under $500 and still hold until price back to $1000 ;D

wow you've made a good decision, holding your bitcoin when the price down, if i was on your position i might sold them, but it doesn't mean anything since bitcoin will going to hit the $1k again, and you can sell your bitcoin

I repeat this lots of times. REAL investors are incredibility patient and if you want to play with the big boys, you need to implement that habit. Buying when the price goes up and selling as soon u see a few of red candles s gonna make you lose money 100%. Just stick to your coins and wait for July 22 2016.

>$1200 was the price on mtgox when it was in its death throes. Everyone was madly buying bitcoin there coz they couldn't withdraw cash and bitcoin seemed the only way out.
The price on reliable exchanges at the time was more like $1167 (finex) and even that was probably affected by the gox price. Not a big difference I guess, but worth mentioning.

PS what advantages do you get by having a dopecoin, rather than just using bitcoin?

You haven't lost anything until you sell for under the price you buy. So anyone who bought at peak and still holding hasn't lost a bean.

Tons of people bought at $1200 i think its safe to say judging by the volumes on exchanges at the time.  I think i bought a couple @ $900 myself, my feelings are i just went numb to price and tbh i dont really care until we see $3k or $5k.

I didn't, at the time I thought that I missed my chance and just said fuck this, I'm never going to make profits off this price. It went back down and I still couldn't afford to buy bitcoins at the time. I waited until earlier this year. That's when I saw my chance.

No that is a lot of money to buy I prefer that bitcoins goes 200 dollars so I can buy.
I don't have that much money to buy bitcoins.

unless he invested so much money and then he need it for emergencies, so he must dump to have them back or he must use a depreciated bitcoin, which is in both case equal to lose your money...

I put all my savings (around USD 5000) at the very peak. I am currently broke and would need some of the money but I subsequently spent it all on pizza (last food order I placed with BTC was in September IIRC) because I believe in crypto *currency* :)

No hard feelings, it's just money and I could get a well paid job if I really wanted but I live in a first world country so I manage never the less.

Something tells me that you won't see anymore prices of $200 in order to buy! You had about 10 months to buy at these prices. That was more than enough time to get into the game!

You can try selling an amount after few days as the price may most probably reach $550 but your loss is going to be huge. Many people bought bitcoins when it was $1000 and they are still holding their coins. Buying too much at those high prices is too risky. I hope that you are able to sell those coins though.

If he/she bought again at $200, they would have eliminated most of the losses at if they sold it now. I guess most people would find it difficult to buy again, if they bought at those

prices, but it's the only way to work yourself out of that situation. Bitcoin is still volatile enough to trade your way out of that situation. We should just accept that this will be a

high risk investment. It could just as easily went up to $10 000 ....What will these people say then?

I remember in 2009/2010 almost buying bitcoin when it was just below a dollar, did not end up buying because I needed the money back then (stupid decision) then completely forgot about it till the spike to 1000, then bought at the beg of the year at around 220$.

No, I didn't buyed when it was at 1200$ since I was not even aware of the existance of Bitcoin at this time.

I bought close to the peak in late 2013. I invested also in some altcoins back then and ended up losing 7k€. I felt really sad after losing the money but nowdays I have much better understanding on what to invest in and I know to avoid shitcoins. :D

I didn't, I know some people did because they believed it would go way up higher but instead it dropped all the way down. I think it was because a lot of dumps happened and people had already made profits of that price. I wouldn't worr about it too much if you still own some bitcoins, you could just keep holding until you can make profits.

I didn't i know many people bought at this price but there was a hope.
A hope that one day bitcoin will reach 2k, but if they still have those bitcoins then there is still a hope.

I proudly bought a bit from localbitcoins above even that peak as I didn't want to crack open my cold storage. It was squandered on an alt that turned my $50 in 20c within a few days. Go, me.

I have heard that people buy when bitcoin is high and when the price is low they sell it. Why is that?
Is that a good thing to do? Because is not profitable to me.

It reached gold parity acrually, even went above for a bit.

I, to answer the topic question, bought some around $800, luckily not at $1200 then :)
Did fail to sell at that time which I regret a bit...

The most people bought since were dreaming with a bigger value in the short time,soo they lost their investement very fast,but the most of them sold the coin and some of them are recovering their loss with the 200 value and the recent pumps being made.

No, I joined in bitcoin since late 2013, when it was priced at approximately $ 700
sorry I did not join from the beginning of 2009  :-[

Alright then i guess I can make a sort of prediction here  :)

1. You will never buy Bitcoins again (BTC will never drop below $300 )

2. You will start selling part of your coins in 2017 (when it will be over $700 )

3. If you are waiting for $2000 to sell all your coins then you'll hold most of your coins several years from now

I have a question why people buy when the bitcoin is high and when is low they sell it? They say is good for the system.
For me doesn't make any sense, because with that you don't make any profit.

I think many Chinese at that time to buy,because at that time,Many Chinese people know the bitcoin for the first time

I didn't but would if I could since im here for the long term. Anyone that bought for cheaper right at the peak thinking he is a genius will suffer from severe depression in 10 years when the 1.2K ATH looks like a small spike on the all time graph, remember this.

The cost of mining is about $200/coin for large mining farms now. The cost of mining has not been higher than the bitcoin price.

No, I was mining most of my coin at the time. I started buying at 600. .1 bitcoin if I rmbr correctly. Lol

I didn't because I didn't believe it at the time and also couldn't afford it. I'm glad I didn't have the choice to not to buy it looking back at it now.
I do believe bitcoin hasn't reached it's full potential yet. So for now I'm just investing more when I have the chance.

I was just learning about Bitcoin back then, so the only thing I remember is seeing people going insane in Reddit. Next time I will have some BTC so it will be really exciting, except it will be 10 times higher than the last ATH. I cant wait to see the guys selling at 1.2K and regretting a month later.

I did not buy when it hit $1,200, however I did buy when it was going up and when it was near $900.  I also sold a number of BTC when it hit $1,050.  I did not want to risk any higher and I made my money, so time to sell.

Some people here did, but most of them are afraid to say it. In a way I understand their same, but don't forget the volume back then was HUGE, it's no shame to be 1 of those followers.
With the new price increase, they must be getting hope again.

I was not very active back then, but yes I would have bought it. Today i know better.

What goes up, much go down etc. If you study the charts long enough you see a pattern is shown on the surface.

Now that I remember, I did actually buy some bitcoin back in the day. I did so by buying it with my alt coins, only to convert portions to fiat. Worth it of course.

I never had bought bitcoin with that high price. I just always bought bitcoins with the price was low.
So that I can make more profit with it. I wish I knew bitcoin that sooner.

No, I don't buy nor sell my Bitcoin. But I did buy a few virtual stuff when Bitcoin price is at its peak ($1.2k). ;D

i remember buying bitcoins back then when the price was in all time high at about 1100 dollars each after buying it the price was still going up a bit and then there was a spike down so i sold everything i had at 1000 dollars per bitcoin and rebought on about 400 dollars

The difficult part was not selling at $1200. 

Every Tom, Dick, and Harry in my life was telling me I was insane to not sell.

Turns out I could have cashed everything in, and bought it all back for $900 less a few months later.

If only I had a delorean...

-B-

What is past is past, never regret about your decision that you make in the past.
In my opinion, you should sell it when the price of Bitcoin is at its peak. Well, it's too late for that. :P

NO; It was at that time i first did hear about bitcoin and become interested.
I had the intention to buy, because i didn't want to miss the train, as people say.
Now i'm happy i didn't do it.
However i hope one day we will reach that price again. But i have patience.

Well, it is hard to tell when the peak is or if it is a longer bubble or actual value increase.  Besides, if you have a delorean, you should just mine for a few weeks back in 2009 when the difficulty was at 1.

LOL you're wrong it's upside down. traders buy bitcoin or altcoins. when prices are down because it's a great opportunity. they sell when prices rise and profit. but sometimes the They buy when the price is high. they have a plan

No, he's actually right u know, because he was probably referring to new users, who only hear about bitcoin for the first time when it
hits news stories. So naturally the price gets higher, and smart old investors sell at high to those new people, and buy when price correct's itself.

Congrats! Very few people were lucky enough to use the bubble to their advantage. And I wasn't among them either. Though I didn't buy at $1k+ I still regret that I didn't buy at $200 like you did. Good job, mate!

I wish I started in 2012 to know about bitcoin so that I have earn a lot of money in 2013.
But nope I didn't buy id, because I was late it to the party.

I don't think I would ever buy bticoin if it would reach that amount again. Unless $1200 is the new bottom then I would have to reconsider if I would want to buy or not.

You're extremely lucky to have done this, you already made some nice profits off those 2 coins. Really nice!
I have not bought any bitcoins when it was around $1200, it was just too high for me to buy at the time.

I didn't know much about the bitcoin price when it was at $1,200 so i consider my self as lucky that i didn't buy at a higher price.

I SOLD at this time :-)

I bought a lot of bitcoin but not for that price. And yes if I was participating back then i propably would have bought some expensive coins.
When i started with bitcoin, it was already 550 and going down. So yes I bought quite high... ;(

Lol even I am lucky because I got it for very less and now it's value has almost doubled and I feel rich now btw I don't think more people would have bought when Bitcoin was at $1200

I kept some of them to sell at 2000$ (still HODL'ing some of them :) )
But I'm not in loss at all, I invested later & made more BTC.

Around 1200, but to short, I think I sold when I saw no growing in price

The price at that time was on top and many people bought with a hope that it will be better so not everyone became richer, good to know your similar story with me :)

Even if you bought at 1200 it is good. Bitcoin price will increase. Just need to be patience.

Saddly, My first bitcoin purchase was at the 1100s.  I did try to average down and buy more when price continued to go down.  My average cost today is still around $600 per.   Hopefully, I'll break even sometime next year.   

I didn't but there was allot of market activity at the time so definitely some people were buying, that's the thing with BTC volatility is the fact the price can shift very rapidly.

what will you do when you break even, sell? i would just wait with selling untill we reached the block halving. by that time we might see the price come closer to $1000. then you make yourself a nice profit too.

Please tell me when it hit 1200. That would be so cool and interesting.

I know some people that bought right at the top, the guys were so pissed off and solt at a loss, bunch of idiots if you ask me, since to win with Bitcoin you only have to wait, and this year we will go higher than ATH, but the weak hands will not reap the benefits.

Thats the thing. If you have bitcoins, you need this thing called patience. You should seen how angry some of my friends were they sold the coins acquired for $10-20 for ~$550, as the price continued to rise to $1,000+. They lost 50%+ profit.  :o

I think the price will hit $1200 in 2016. Probably just before the halving, or some time in June.

i didnt buy with the price of $1200 before since im newbie i heard bitcoins before but im starting using bitcoin 5 months ago.
So im lucky that im place to cheap price rate i think around 300+.

fortunately i did not buy any bitcoins at such a huge price and i did not even buy it at 600 i think that now its a safe time to buy some bitcoins as the price most probably will rise soon

A friend of mine sold at that price but no one know ever decided to buy at that price.  Everyone I know rode the wave up to the marks above the $1200 and when it was coming back down, they dove out of the way.  Who could blame them.

No, I didn't buy at that time, but learned more about btc from all that attention. Used faucets for the longest time, before getting higher membership

here then getting into signature campaigns. I have since bought a miner and had  miner from before and sold coins that I have mined since. Better

profits since then. Still planning to buy a bigger miner and mine more altcoins and sell them off. I could write money making ebooks and sell cheap, but

good ones for the supplemental income.

With simple trading logic, number of selling transaction in $1200 there must be equivalent amount of buying transaction also. So, there are many buyers who bought $1200 here.

my college friend buy more than 10k euro at this time in btc ....

I think he sell all after first issues in 2014, but even it was a disaster for him investing in the btc ...  ::)

I know a friend did, ended up selling during the peak in 2015, didn't really understand the currency though, went for some "easy money" and got destroyed.

when some one decide to invest for "easy money" well in vast majority of case will lost all funds or a big portion...
like people that buy stock only for "the name" of some company...well marketing could be good to attract people to buy a product but not have the same mean of "company profit"... this sort of feeling it's the same that hit people when using HYIP... they got attracted by the marketing and identifies this expense as a proof of what a company do!
by the way... every time I did to some friends/parents "buy btc price will increase" price go down... I have to stop to make prediction ;)

i'm not buy bitcoin during $1200 because on that time i still don't know about bitcoin. i even don't bitcoin price once ever touch $1200 price. wow it's huge one.

why not? if I continue to see a positive environment behind the development of this e-currencies why not buy more (even if I have the "$" possibility?)
If you look with the eyes of the "investor" you will lost your money (and patience), but if you look as a new technology with strong potential, the price is not a matter ;)

Bitcoin also can become idle coins,if they buy when price really high,and if they buy bitcoin when $1200 they have difficult situation,if they sold,they lose some value. If they not sold, they will wait until bitcoin reach $1200 again,and thats impossible for this month.

You would be pretty unlucky if you did. I personally didn't and I don't know anyone that did.

I have never bought when the price is $ 1,200

The $1200 price is just for very brief period. The price above $700 was just for a few days. There was a price spike then.

I personally know a friend who bought them when they were around $1000. He was too excited about the price inflation and claimed that the prices would further reach new heights of $5000+(idk from where did he got that information), the prices never went that high and so he is still holding his coins and is looking to get rid of them during the next halvening.

I did not buy at that time. I was looking for mining then for trading luckily. But I bought some coins later when price was around $500. But I am not worry about price, it will go up.

Yes we need not to worry on the prices of bitcoin if we we are ready to wait for long term. Yes, with capped total coin supply bitcoin is fated to keep on appreciating over time when it gains popularity day by day.

In deed. The price will go up in the future as more people are aware of bitcoin and its benefit.

Got in during the bubble when it was 500ish. Didn't buy any during 1200 but wish I had sold what I had  :-X

Don't know anyone that bought in during that time but whoever did probably hates Bitcoin with a passion now.

...

I did not make that particular purchase (I did buy my first few BTC in the $700s).

But I did buy gold at $1500 (and lower).  Gold is at some $1070 now.  But I count my gold holdings in OUNCES, not US$...

Everyone is foolish at times.  Every investor makes mistakes.

No but I sold a lot during that time

Yes I did bought some very near to $1200. Still hodling on to the coins now.

I did not, but I did not know Bitcoin back then. I am not ashamed to say that I would probably have bought some if I had known about it at that time... and probably I would have left Bitcoin in the down.

I wasn't around then. I'd like to think I would've seen the signs but reading through the old threads you can feel the sense of euphoria. I guess a sensible guy would see it for what it was and sold up but I'm not so sensible.

time price of $ 1200, I have not joined in bitcoin, so have not felt that price, I joined in 2013, I never buy bitcoin at $ 700

no i dont bought any of bitcoin when it hit 1200, but i feel kind of happy when it hit 1200, it makes my spirit up

its makes me want to look for bitcoin more and more because the price is satisfying

By the way
I don't even know when the price rise to the 1200$..
I haven't any transaction on that price..
Wish i could have a eye on price at that time and sell my btc then I would have a large profit..

I haven't bought at 1200 dollar, because I was to late to know about bitcoin.
But if that ever happens again I think I won't buy it too, because I am sure that it won be stable.
So I will just sell when it goes high and buy when is low.

I didn't buy bitcoin during 1,200 dollars because i though that it is so expensive and at that time there was no use of bitcoin comparing with this/last year.

That's way too much, I don't think I was into bitcoin back then. If the price would go up like that again, I wouldn't buy, I would rather sell and wait for the price to dip again. Bitcoin will come down one way or another. Even when bitcoin will reach $1200 some time this year, I honestly doubt that it will stay at a stable $1000, I think it will come down to a stable $600 - $700

I prefer to sell all my BTC BTC

If you sell all your BTC at $1200, will you buy when the price reaches $3000? The price will rise in long term.

I didn't although I have a few friends of friends who did and then sold later at a loss as they didn't really understand Bitcoin.

I know of atleast one person that did I said he could not see it stopping when the price was rising. I wish I had some to sell then myself tho I'm sure alot of money was made by people tho when it hit that price

At that time i was newbie to this world and had some cents into my account but luckily i didn't bought any btc at this time my average price is around $210-$220 and now it is almost double than my actual price so that i am lucky with this solid rise.

I wasn't into bitcoin at the time. For one it was just way too expensive for me to buy and second there are no guarantees that it would stay that up. I'm glad that I didn't buy at the time. I would've regretted it. It would take a very long time to make profits out of those bitcoins.

I didn't buy at $1200 but a friend of a friend of mine did and he spent it right away so he didn't lose a thing then.

Wow buying at bitcoin at 1200 face value means you lost over 60% of your investment.
This is the same reason why i am afraid to buy now, since it can come down pretty hard to 230 USD

not using dollar at $1200 but I did buy small amount (0.5BTC) using my easily earned MONA at $1000. spent the thing on cloud mining. and ended up losing a large portion of it.

edited. it was mona not monero.

who feel most profitable is when they buy 100 BTC at the price of $ 1 perbtc then sell at $ 1,200
I think, first of bitcoin users at the time, is now a rich man

Not that lucky...  ;D

Yes it is all about prediction and fortune teller thing :)

But I think in long term BTC is much higher than $450. People and companies are slowly getting used to this concept.

With patience in holding bitcoin, we will be rewarded. As time goes by, more and more people will use bitcoin.

There will be new peak maybe at the end of 2016 or in 2017.  ???

for a certain point of view a stable price is better.
How you can trust something that today worth 10, after one month 100 and then back 50?
It's difficult new people decide to come "on board" ...

It's not difficult at all. Every one that is looking realistically at Bitcoin and look at the current market cap, will know that volatility and Bitcoin are tied together for several more years. It's because there are too many early adopters. Their influence on the price is reaching very far. We have to deal with it.

We need some market stablisation force to keep the price within certain range so the price do not go up and down too much.

is there anyone still holding the btc that they bought when it was 1200? 

I would hope many people are doing that - unless they went ALL in @ 1200 & needed to cash out with a loss to accommodate RL issues.

Let's say you had a bunch of btc before it rose to 1200, but used some profit from trading to buy in (with the hopes it'd continue to rise).  Then, BAM!  Pitfalls to abysmal levels.  Why WOULDN'T you hold?   

Off course yes, lot's of people jumped on the train on november 2013, yesterday i read the story of the guy who bought 311 bitcoin for 250k$ and then goxxed, a sad story

no, I began to know the bitcoin when the price is back down to $ 600

Yeah, and thank god that we were lucky enough that we didn't buy bitcoin when the price was $1200 or else at a moment we would be messed up with bitcoins and surely go through huge losses, I joined bitcoins 8 months ago and that time the price was comparatively low, so even at this stage I am enjoying profits.

People that bought at $1200 can't do much other than holding and waiting/hoping the price will come close to that price again. I do however think that a good portion of these people that did buy at the $1200 peak, have sold on the way down to prevent even bigger losses. It costs time, but eventually we'll be on these +$1000 levels again. Keep holding.

You're saying that but what's the difference between someone buying at 1200 and the people buying at 450 few days ago? In both cases there was a huge rise without anything to back it and if the price seems stable it could have dropped a lot! And it may drop to 300$ in just a few hours, you can't know with btc...

Nope not me. But I knew someone who bought it... he is still upset and bitter about it til now.
Anyway, I feel if you are buying or invest in bitcoin, you need to know how much you are willing to pay for it. (And what u are going use it for)
Few years passed.. we see the up and down price... is not always stable and we are unable to really know it worth in next few mths or even a year.
For me.. I will only buy it around $200 to 250 usd range.. if it drops below it, I can still keep and anything over.. I can profit and sell..

I didn't buy bitcoin, but I got it in some way and sold it right away because I needed the money.

So you did not buy the coins at $1200. Did you buy any at $600. Are you going to buy now when the price is $370?

I haven't bought at $1200 or know anyone buying at that price, but from the charts maybe at that particular time there were a lot of people selling. Anyhow, those who did buy at $1200 would right now be dissatisfied by their move, best would be to hold and expect another jackpot :P

I didn't, sounds crazy that some people bought bitcoin for such a high price. I don't blame them though, nobody knows where bitcoin is going
Bitcoin is very unpredictable.

Nope, I only sold at this time. I had high doubt it would've gone any further up and buying during very quick price increases is always risky because it can easily crash right back down in a matter of an hour. If you bought at 1200 however it's best to just hold onto it for now rather than sell at 400, as there is a good chance bitcoin will go back up around that price some day.

Nope I Never bought bitcoin at the price $1200 because i know bitcoin end of year 2014

No brother, I didn't get the chance to buy the Bitcoins when it was at his peak amount of $1200, but those who was buying that time and the price started dropping then he or she really felt the pain of losing big amount of money.

I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.

Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.

I wasn't into bitcoin at the time where bitcoin was worth $1200, I think I would've probably sold and not buy at that high of an amount.

Seems a bit much for something that still needed to adapt.

I think there, I just bought bitcoin when the price is still $ 600 that may occur around the beginning of 2014 if not mistaken, I think people who buy at a price of $ 1,200 it will incur a loss, I guess

i am sure someone buy bitcoin when the price was $1200,and then they sell it on price of $1300 ;D just trader who do that.

People were simply thinking that the price would rise to $1500 or even $2000. At that point any one with his mind being in fairly decent condition will decide to NOT buy. The price went up to such a not realistic price level in a very short time, it was just a matter of time before the price would crash.

I am surprised that a lot of people here think that the peak value of $1,261 was real. Unfortunately, it was achieved through dubious means by the Mt Gox guys. They artificially inflated the exchange rate, by rigging the order book in Mt Gox. If I remember correctly, the exchange rate in BTC-e was around $1,050 per coin when the peak price was reached in Mt Gox. The spread was more than $200.

If we can achieve $1050 in the bitcoin price, I am happy. It is more than double of present price.

Yes it's especially good if you can buy under $500
It will be easier for you to get profits out of that.

Ive heard of various people on the forums buying at the peak and still holding till today. Lucky for me i never bought any at that time. I bought when it was $228 last year.

No because I was to late to know about the bitcoin I wish I know in year 2013 so that I could have make a lot of profit than just now, well is still fine earning some bitcoins.

I didn't, that's just not affordable for me. Even now I think that bitcoin is a bit expensive for me to buy.

I didn't and i'm actually really glad that I didn't buy back then. It would make it harder to make profits from that amount

yes. thats my strategy anything under 500$ is a buy for me. btc reaching 1000 is not to far fetch , so a double in money is always nice :D

I prefer to buy around 350. But yes the future is bright and we can see a 1000 value very soon.
it's just about being patient.

$1200 is too high price to buy 2-3 years ago. That was almost 20 times of the lowest price in 2013. That price was manipulated by Mt Gox.

Thank goodness no.  I was kicking myself when it got that high though and was watching the price at $10.

I did buy some (less than 0.1 BTC) but it was for an item online so can't say it was costly since it was given for USD value almost immediately, seen some people buying few BTC's at the time and waiting for a bigger rise but the price went downward after that.

I was also not involved at that time with bitcoin. But the OP asked at that thread has a great value for the traders as that time can come again, hope in the future. In the future if I saw that the bitcoin has crossed $500 and is increasing constantly then I will buy it without any fear and after that even if decrease occurred then I will not fear for anything, because just holding will result in profits always here.

I hope that you are right. When do you think $1k will be reached? IMO this will happen in the beginning of the next year but I have a feeling that you think it will happen much sooner.

Now Bitcoin is under $400 btw so it's definitely time to buy.

i got into bitcoin around this time but did not buy in, got a few mbtc randomly and built it up.

I have never experienced that value but waiting long to see such a tag of 1200$. Most probably I think that will see it during the start of the year 2017. People might have bought at that time but they might have not experienced great loss as it haven,t had a steep fall in value.

i think for those who sell bitcoin during $1200 they are the lucky person because till today we never see bitcoin price reach to that price again and i'm really want to see bitcoin price will back to $1200 but I do not know when it will happen

hard to say that someone want to buy during $1200
and im not using bitcoin when the bitcoin reach $1200

That would of been the mistake of anyone's life if they did. That would be a massive loss of 3x of the worth now. I think it is still at $410 last I checked. It is Friday so time to party and not trouble your mind with such hopeless things like the price right now.  ;)

If you look back in 10 years, $1200 could be a good price to buy. We buy high all the time even though we want to buy low.

Nope not me. But I knew someone who bought it... he is still upset and bitter about it til now.
Anyway, I feel if you are buying or invest in bitcoin, you need to know how much you are willing to pay for it. (And what u are going use it for)
Few years passed.. we see the up and down price... is not always stable and we are unable to really know it worth in next few mths or even a year.
For me.. I will only buy it around $200 to 250 usd range.. if it drops below it, I can still keep and anything over.. I can profit and sell..

Anyone who bought at $1,200 on FOMO got what was coming to them. By then the train had already left the station many miles ago and it would be like trying to get on by jumping onto it from an overpass as it was traveling 80 MPH, but not looking down the tracks to notice it was about to go over a bridge that was out.. :)

Well most people panic buyed themself coins at 1200
It's a bad decision really to buy an asset which has grown so much in a short time.
It was to be expected the price would go down eventually.

I did)) I sold it later for $600-700 BUT that bitcoins was invested to DRK that multiplied the value few times so I was not so heart broken  ;D))))))

Well I did too, but in the line of ~0.25. While it wasn't much, it was good money that I lost.

Some things are meant to be lost I suppose.

I guess a lot of people would have bought at that levek hoping it would keep on moving, I hope that those people kept their heads and are still holding and didn't lose too much.

Luckily I never brought at the peak. The only reason i never was because i was not around to lol I did buy at $6xx - $5xx - $4xx - $3xx -$2xx and that was just as bad. I have managed to make all my losses back though and it is a thing of the past so has no bearing on my emotional state. I think it may well have if i had not become in profit from it.While that is poetic do you really believe people would have jumped on to a moving train had they know it was the peak. Needless to say they would not, nobody knew because in this reality you can't see down the track unless you are the whales creating the prices..

I have had my share of market missteps and get mine when it is deserved, I do not place myself above that. But in this particular case we had people who had no knowledge of trading, much less Bitcoin itself, going out and tossing $1,200 at something because "if they didn't hurry they would miss out."

What they got was indeed what they deserved, a big slap down for acting so irrationally instead of doing a bit of research to look at the parabolic rise up and pausing a bit to consider that maybe it wouldn't go up like this much longer. If you only bought 1 BTC or less at that price consider it a bargain in a lesson in cold hard reality.

just like me, even I do not know when bitcoin touched $1200, because I know bitcoin in 2014.

I didn't buy any bitcoin, because I didn't know about it at the time. Some people definitely did though and they must have felt very sad.

That price was reached in Mt Gox. So there is a possibility that bitcoin price was generated by a robot belong to the exchange.

Me to I think we all must have made mistakes while in bitcoin. Yes that was crazy buying that high but fear of loss and greed is hard to over come and they may have already had coin and seen it rise so felt safer. Either way it would be hard to know it was the top regardless of the rise. I feel lucky i was not about for that as it may have had me as well lol.

Everyone I know that bought during the last ATH has either sold the coins, or lost the coins because they are idiots that still didn't learn the lesson and left them on Cryptsy.

No, I bought it for $400, so I will wait for a good price.

If it has a good price I am going to sell it so I have profit of it.

I also bought bitcoins in recent times. My buying average is around $350. I will keep on buying on regular intervals whenever I get some savings.

Well, I bought some BTC during the price was 1100$ , but dont call me foolish, as I didnt buy to stock it. I bought the btc because I had to pay someone and he demanded BTC , so well it was same for me if btc was 1100$ or 110$ , yes though I will love to buy some and stock at 110$ for sure.

So the guy accepting the bitcoin lost out if he did not pass the bitcoin quickly to other people.

I think the volatility is one of the major problem of bitcoin to became mainstream, to pay isn't so bad but to receive you have to sell it quicly to not risk

No more no less than Fiat money and with less manipulation ( yes... ), just compare how many people use fiat and how many use our lovely bitcoin, imagine that we have something like a 10% of world people using bitcoin, we will continue talking about volatility like now? ;)

If 1% of the world population use bitcoin, the price will be $500,000 or over. The volatility will be much smaller.

no im not going to buy..gotta be sell at $1200..how can i got profit dude if im buy in $1200 and price getting lower by the time...
today btc price around $300-$400 still along way to reach $1200..it takes 3x price from now..maybe the price will be for next 2 years

Same here nope.I joined in bitcoin around the end of 2014 when the price About a $ 600- $ 700
so I have not felt bitcoin prices exploded to $ 1,200

The general rule goes like this buy low sell high and I don't think anyone bought during the $1200 rise.

Me too. I know about bitcoin around 2013 and i start earning bitcoin in 2014 when i searching about earning online. and the price not $1200, i even not know that once bitcoin price reach $1200.

I did not buy any bitcoins back then and i surely made the correct decission in my opinion

That price could be generated by a robot in the Mt Gox exchange. Somebody said that Willy the robot operated in Mt Gox.

i think nobody bought but if anyone did he must be proud of him self

Hii all,

anyone wants to sell there bitcoins let me know I'm ready for purchase.....please reply if somone wants sell i looking 30 BTC for purchase.  Roll Eyes

Regards
Atul anand

no fortunately i did not buy back then, and im now happy that i didnt put any money then

Where would you get that nobody brought in around the $1k price? Not all the volume was fake and many would have brought in for 1k and more. Not sure why anyone would be proud of themselves for buying in at the price.

I bought at  about $100 and sold at about $400. Then bought at $600 and rode it up to $1200 and back down again. Bought on leverage too. Made an dlost a lot of bitcoins fast. I loved it! :)

Nah, I didn't bought when the price was that too high, in fact at that price I was not even aware about bitcoins, I bought when the price was near $220 So at a moment I am enjoying profits, but will wait till price reaches $500.

I'm sure I bought some @ about $1100 using Bitfinex, Btc-e and Bitstamp if I'm not mistaken. I've also bought some at like $2 :))))) it's good that I bought lots more for $2 than for $1100))

You did very well. What is your prediction of the future bitcoin price action? Will it rise soon?

Answering the topic question - definitely yes :D
The volumes sold on that time are telling everything for themselves.

That was hell of a bargain. Shame I never got the chance to buy.

Well, I just thought about one more detail: traders could make a good deal of that volume. Anyway, some of them lost a creepy amount of cash on those deals.

Did you mean you want to buy at $1200 and keep it or sell it at lower price?

The $1200 price was at Mt Gox, it could fake.

At the rate it was growing it didn't seem "such a price" at all, people were just thinking it would continue to rise indefinitely...

Yeah, and people who have bought for that huge price would be definitely disappointed with present value and they would surely stop having faith in bitcoins but the only thing they can do at a moment is to wait for bitcoin to climb up.

I have a friend who did it. Ended up selling during the peak in 2015, didn't really understand the currency though, went for some "easy money" and got destroyed  :-\

If you bought during 1200 USD, all you have to do is wait 10 years, and add two 00's at the end of 1200, so that's 120000 USD, but most people are here for the long term and will not make it.

Bought at $680 once but never $1200. Imagine investing at that level and watching it drop to $200. Gross!

That's the problem bitcoin is facing, that people get panic very soon and they sell when the price fall down, and big fish takes the advantages of it, but I really feel sorry for those who bought at that high price and still holding it.

No Fortunately not. I bought it for a low price and I am indeed very happy. I think I'm going to wait quietly for a good price.
Because then I'm going to sell and then I have a lot of profit.

Correct, that's the perfect strategy to follow, Even I bought  when the price was $250 so at a moment I am enjoying profits but still I am holding it as the price would cross $400 mark in next couple of weeks so will sell at that time.

I bough some when the price was around $250 last year. I would like to keep the bitcoin for the long time. The price now is also very good.

I haven't because it was way too much expensive for me...

no, fortunately i did not buy at those heights, i would be in a huge minus right now if i would have bought my bitcoins back then

me too, i was lucky enough not to get tempted and buy when the price was skyhigh but again bitcoin is gonna go high i wish i save enough bitcoin till that ime o that i can become rich.

No, I didn't. I just used faucets for awhile, and found a miner. Mined altcoins and turned them into btc at exchanges. I had a smaller miner

and later I upgraded to a bigger one to make some more altcoin for btc.

yes i bought 0.1 bitcoin today bitcoin price was 406 dollar i bought bitcoin for investment for long term.

The current price of $ 1,200. it happened in 2013. right?
means I have not joined. since I joined at the end of 2013 and early 2014 when I purchased at a price of about ~ $ 700- $ 900

Yep. End of 2013. 1200 was Mt Gox and some don't think of that as a 'real' price because you couldn't withdraw dollars. It hit $1163 on Bitstamp so that's the real peak for some people.

I didn't buy at that price but I have to admit I did buy some close to that.

You're lucky not to buy at that time. because I believe they are buying at that time, will lose money until now if they make long-term investment, so grateful was joined after the price

i have found out about bitcoin by that time. one of my friends was mining bitcoin and earning good money through selling the coins, but i did not get into bitcoin which might be a good thing because the price went down from that time but i could have had more bitcoin by now anyways.

sadly,i buy at that time,enjoying dream that sometime bitcoin will more better than that price,and now i am relize that it was impossible,at least for this month.

No. im joined in bitcoin in 2014 so i never buy bitcoin at the price, actually i rarely buy bitcoin also

After mtgox going scam, straight to bitcoin prices going fall. I know they bring a lot of bitcoin. maybe more than 1000 btc
but why bitcoin prices can go down very sharply, after mt GOX be a scam?

I googled this, because I remember a guy, brand new to Bitcoin crying because he bought at around $1,200. And then he was like, he still believes in the idea of Bitcoin, and that it's the future. But it just seemed like he was trying to make himself feel better.

I dont think there are allot of peopel who has bought bitcoins at that moment off course there where a couple of them stupid people but what if the price rises to 100000 each that would be very great,.

I dont think there are allot of people who bought bitcoins by the price of 1200 dollar but i know for sure that there where peopel who did buy allot of coins in that time.

I did not buy bitcoin during 1200 cause if you buy it at that point you would have made a 50 percent loss so i think when it was 1200 lots of people decided to sell which caused it to crash again down to 500 or whatever it was after that. so always when price goes that high sell them all before they crash and never buy them when they are peaking.

There where people who bought at 1 cent as well so I think it's a kind of equilibrium, I bought a small sum "less than 0.1 BTC" at that price and expected the rise to continue but it got blasted back to $200's at a time, now at $600 so the total decrease in value is not that massive now.

   Is someone buying now? There will always be someone who is buying, so on that 1200 some people also bought coins. I assume they still keep their coins and wait for price to go back and higher. Only like that they cam make some profit from that.
   Who knows how much they will need to wait for that, no one knows. We can only hope that it will happen soon.

Are you mad, why they want to wait for the same price to go and then they will sell, after $1200 price it went down very low and now it is back in $600 price so i think if anyone bought at $1200 then surely they would have also bought some coins in low rate and averaged the price and now they will be in profit or before this itself they got profit.

Why are you calling them stupid? I dont think it is a foolish to buy something promising like bitcoin anytime.It might be a bad decision but not the foolish one

I bougth around 1100-1200 and sold around 1000-1000  ;D

Exactly, and no one knows what is the right time to buy, as if we buy at $600 hoping that price will rise but suddenly may be it can fall to $400 tomorrow, so that doesn't mean that we are stupid.

calling people stupid when buying at the current price is just not right,what if the one who buy at the current rate need bitcoin to buy something important then?even if you buy bitcoin when the price just $200 it still have the chance to be falling even less

it depends on why they have bought bitcoin and what they did with it afterwards.
there are many different scenarios:
- if it was bough as an investment to just hold and sell after the rise, then they should have sold it long before it reached $200 and not selling is stupid.
- if it was bought as an investment and they sold at a loss then it is still ok.
- if it was bought to use bitcoin as a currency then it never matters what price you buy bitcoin at, it is always a wise choice.

Yeah and no one can control the price of bitcoin and no can predict it too, people invest their money in bitcoin by looking at its potential and sometimes decision may go wrong and its not a big deal.

Luckily I hadn't invested a dime in bitcoin around the ATH of $1200. I'd be pretty butt hurt if I had right now.

I'm sure we'll see a new ATH in the not too distant future (year or two) though so it's not utter devastation for those who bought at $1200.

I think the majority of people sold their Bitcoins at the time Bitcoin has reached 1200$ because otherwise, it should have gotten into a higher price instead. Some people surely did bought Bitcoins at 900$, 1000$, 1100$, 1150$, because bitcoin rose up to 1200$. If someone did buy Bitcoins at 1200$, then he surely did lose a lot of money if he already sold his Bitcoins. If he's still waiting for Bitcoin to rise higher than 1200$ for profit, then he has a lot of waiting to do.

Lol.  I was like on my way of saying, no one will ever do that only fool ones, and I read your comment.  That was my first impression of course since it is not so wise to buy that bitcoin if the price was so high.  But thankfully you sold it before it became too late.  Just like now where its price is almost half of the price you bought it before.

No, I haven't. But I should have sold at that price, I'm sorry I didn't. The price in the future could go up a bit comparing to current price but I don't think taht it will reach 1200$ again. At least not in the near future.

It has potential to achieve that price in future but no one knows when that time will exactly come, and I didn't buy at that high price but I bought when price was $250 last year.

This thread got necrobumped reeeaaalll hard. Almost 20 posts in one day, the last Post before today was February! Lol!

I sold about 4 BTC during $1200, so don't lucky person(S) bought 4 BTC :)

Im sure a lot of people bought at 1200. They are the ones that will sell at 1000, then wake up at 2000 dollars per coin. Those idiots will never learn to buy and hold long term (10+ years) instead of trying to make a quick buck and failing each time.

10 years is a very long period of time for traders that have a lot of capital, it is more profitable with short trade if you have a huge capital rather than holding ut for 10 years and didn't know what will gonna happen

At that time I wasn't in the Bitcoin world. I wish I were! At this price it was the good opportunity to make the money. I'm not sure if the price will ever be so high again.  :(

Yup, the very thought of true friends. Indeed we should have to do short term trades when we have only very minimal capital. for if we only imitate the lifestyle of the rich, I assure you that we will not be able to get what they get (the wealth of the rich). Before we rich, then we should be thinking of doing something different things and have a level headed higher than rich people who already get the wealth

of course it has enough potential for that and i think that in the future the price might even become way bigger than just a new all time high

HODLING is the key to success in this game. The weak hands will never be winners in bitcoin. Every time we have a drop of 100 USD or so people start to panic, it's pathetic.

Yes people are buying bitcoin in any price because bitcoin is increasing its price more and more and i am sure that bitcoin are going to double its price in the near future and it will be too profitable for us.

None of them are reading this forum anymore probably. If i were to buy bitcoins when the price was 1200$, i would never ever want to hear anything about bitcoins after that happened. It has been 3 fookin years. They probably panic sold their coins from the whatever current price they had. I just hope they didn't do it when the price was 200$. That would be a nice reason to suicide. Double suicide more likely.

I didn't know anything about bitcoin at that time. I realy hope I know about bitcoin earlier before $1200 . but I still realy trust that bitcoin will reach that price again. There is always fluctuation in currency, isn't it?

I must be surprised, if anyone is here who buy the bitcoin in $1200, and again he hold it for making profit. I believe no one is here in this Signature campaign because bitcoin's price give us profit. and if we already buy it in expensive price than how can we make profit from it?

Some people did this without any doubts, in that time people thought it was going to rise to a even higher price but of course this not happened.
Some people just wanted to make profit but you can also lose that are the rules of the game you are playing.

I think most of the people bought at that price hoping that it will go even higher after that but unfortunately it fall back dramatically and many people lost huge capital in it.

Yeah, you are indeed very true. Some people occasionally misinterpreting something. Indeed a bitcoin can be profitable for us, but also the bitcoin can give bad impact on us when we invest it with all the money we have so that we can't do something to meet the needs

Never put all your money at single place, especially in bitcoins as no one knows what will happen with it in future and if we invest all money in it and if it disappears then it will make us bankrupt for sure.

yeah, bitcoin potential is really huge in my opinion and i think that in the future the price might be going up even more

I know nobody who would buy bitcoins when the price get so high, only know those who sold some bitcoins that moment and that was real luck by my opinion. But as you noticed there are people who buy always. And I am thinking everything they have now is the regret from such step. But not only that, for sure they hope to bitcoin grow. Someone even promissed 4000$ on August here on the forum. Is it happen? No. So my advice is - don't trust everything what is written about bitcoin's price here.

I am sure that there are some people that bought for that price but I am not one of those people because that is way to much money for me to be spending on Bitcoin.
The highest I bought Bitcoin for was when the price was around $500.

I wasn't there at that time as well, but I believe that bitcoin price will be even higher in the future :)

I was not even born in bitcoin world at that time. And those who bought during that time is the most unlucky guy i think ;D ;D

Thanks GOD I was not known about bitcoin at that time otherwise  I could have bought and would have been a victim of such situation.

Hahah I sure hope not OP. I'm sure there were quite a lot of people out there who exchanged some of there coins for fiat as it would be hard to resist the temptation that comes with that sort of price. I'm sure there are some people out there who foolishly bought at 1200 and are bag holding waiting for the price to get close to that again. I know if I was one of them I probably wouldn't be admitting that on a public forum though :)

I did not buy anything in $1200 but I'm sure that someone has.
There should someone who buys and sells every time because if not, the market won't move.

I agree with your statement. We can say that he/she bought a lot of bitcoin on that time and we could say that he/she is rich right now . Or keep on earning more in bitcoin but surely someone bought on that price and he is right market will not move if someone wouldnt buy. Bitcoin is a Cycle :)

Brought quite a few, and then lost most of it at Mtgox too. Hopefully we should see returns from them sometime soon from the case they're doing

I didn't buy at that high price as at that time I was not aware about bitcoin, I became part of it when price crashed and first time when I bought bitcoin the price was around $250.

I do not think that people would buy for this because it is so high not many people would be like I am just going to to buy some Bitcoin for $1200.
Many people could do better things with that much money then investing it on Bitcoin.

there were many people buying at +$1000 levels back in 2013. people that bought at such prices were seriously thinking the price would rise even further from that point. it was pure greed that took the price to reach a new all time high. these people got burned heavily. from $1200 to sub $200 is sick.

Yeah those are the people who have suffered huge losses in the past, and that is the reason we should not invest our all money in it as we never know what picture bitcoin will show us tomorrow.

Didn't, my most exoensive btc is 610 usd, the cheapest is 60 usd. dare not buy 1200 usd, it is too overpriced

My cheapest was 80 but i also bought at $900.... WTF.  Overall i am up but had to hold for a long time.

This you are telling because you have not seen that much price manipulation in that time period, even if anyone has bought at $1200 price bitcoin that would not be problem as after that the price has also gone too down and would have averaged it and in the $700 period of time would have seen profit also.

I have never bought any bitcoins till now, i am just earning through signature campaign, doing skill work for bitcoin and doing altcoin trading. and converting to fiat currency and filling my family expenses.

Yes even I have not bought any bitcoin till date, as bitcoin is an extra income for me and I am satisfied with my earning from signature campaign and trading, so I don't think I will ever buy a bitcoin.

Aw thats too much mate, what comes into your mind to bought bitcoin with a high price i wish i can bring back time so i could buy more bitcoin when the year was too cheap and the year when the bitcoin price was too high for real im only rich when that happens rolf** but im happy for what im now.

I think he was hoping for much higher price in future, so he kept on holding them and suddenly price crashed which would have given him loss, but if he had sold them at $1200 then it can be a smart decision.

No, I find myself in a confused situation because I was not there when bitcoin was cheaper than $1 and even when it was $1,200. I joined bitcoin somewhere in between that period and was on sleep mode for few months, I wish I could short sell when the price was at peak but anyway, I am damn sure that bitcoin will reach that height soon in the future (probably in a year) and we might make some party.

Sure some folks did buy at $1200 and might or might not be holding those bought coins and expecting to sell at same price or higher, i'd sold few coins when price was $1200.  :)

No i did not buy any coin at the time when the price of bitcoin was around $1200 as at that time I was not involved in bitcoin world and when I joined bitcoin then the price was at around $360 and after that I saw a little drop in price and then the price started to increase.

Hahahaha lol please for read again about your post, it's about the people is buying bitcoin at their price is in $1200 and in this time the bitcoin price is in $620 and would you can say if they're already becoming a rich people? You just don't make a spam about that, reading and understand of all the purpose of the post before you're wanna for making any answer for that.

it looks like scary to me if i buy bitcoin in that price range..so i did not not buy.as we all know that bitcoin is extreme volatile in term of price changes.so i just go only in the flow of price where i can earn not much more but not so much risk.just fair not to greedy on it.

For sure he doesnt even read the title and  OP queries on the first page since hes  response  its too contradicting  in his statements  regarding on the topic. Maybe rich on bought $1.2k were  the price of bitcoin as of now is $620 ??lol. For sure  its  50% negative profit for  them since they bought  on the  price of bitcoin when to its peak i do believe that they bought because they believe  that it would raise even more  but sadly  it doesnt  favor on their  hopes.

i remember back when the bitcoin price was around $1200 nobody was buying bitcoin, not at least nobody that i know.

instead everybody was mining it and making mad amounts of money from doing that. sadly i wasn't one of those people back at that time and i will always regret it for the rest of my life. because i could have made a lot of money back then through bitcoin easily.

As I am being here in bitcointalk, I haven't noticed any value reached to 1200$. As I know still it is dream only I hope will achieve this end of this year. Most of the people won't sell the bitcoin at that price. They will sell their bitcoin only.

how lucky you are, bought bitcoin when the rate was 60 dollars, you can buy 10 bitcoin in that time, how funny now you only could buy 1 bitcoin,anyway i believe people who bought bitcoin during $ 1200 holding them right now, it's too crazy if they sell their coin in 200 dollars after crushed, hold or die

I think we are quite late and we didnt witness that price several years ago. Still we are hoping  btc to reach that price in our life time and expecting even higher. Some are predicting it to reach 2000 dollars in early 2017. Just a speculation but I know, we will be happy for it.

I think not many people want to buy during $1200,
and sure im not using bitcoin when the bitcoin reach $1200