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Title: Is it time to jump in? Post by: mistermayi on March 28, 2013, 12:23:36 PM I've been holding off buying bitcoin for the past two weeks, thinking the exchange rate would come back down. However, it keeps on rising. Will it keep rising past 100 USD, or is this just a bubble?
Also, what are some good bitcoin news sites so I don't have to bother you with my n00b questions? Title: Re: Is it time to jump in? Post by: Redi on March 28, 2013, 12:29:53 PM Well, my tactic is to mine whatever I can and hope it will return back to ~50$ and buy some ;)
And I really don't think that there is anybody who can foretell the future... Title: Re: Is it time to jump in? Post by: mistermayi on March 28, 2013, 12:33:14 PM Well, my tactic is to mine whatever I can and hope it will return back to ~50$ and buy some ;) That's true. And I really don't think that there is anybody who can foretell the future... How does a poor, computer illiterate soul such as myself get into mining? Title: Re: Is it time to jump in? Post by: Redi on March 28, 2013, 12:35:48 PM Well, my tactic is to mine whatever I can and hope it will return back to ~50$ and buy some ;) That's true. And I really don't think that there is anybody who can foretell the future... How does a poor, computer illiterate soul such as myself get into mining? Title: Re: Is it time to jump in? Post by: MikeH on March 28, 2013, 12:38:37 PM I get the feeling that some day people will be saying, wow imagine getting in at under $100.
Who knows what may happen though, if unsure I would just buy a few to get on board and if they drop in value, buy more. Title: Re: Is it time to jump in? Post by: mistermayi on March 28, 2013, 12:43:02 PM Well, my tactic is to mine whatever I can and hope it will return back to ~50$ and buy some ;) That's true. And I really don't think that there is anybody who can foretell the future... How does a poor, computer illiterate soul such as myself get into mining? Title: Re: Is it time to jump in? Post by: Aozora21 on March 28, 2013, 12:43:47 PM needless to say im kicking myself because i didnt jump on board when i heard about coins last year and in awe at people who have over 10k coins. but i'll ride the train as long as i can, cash out when my down payment for my car has grown, and then hope it dips back down for a while
Title: Re: Is it time to jump in? Post by: tutkarz on March 28, 2013, 12:48:51 PM I've been holding off buying bitcoin for the past two weeks, thinking the exchange rate would come back down. However, it keeps on rising. Will it keep rising past 100 USD, or is this just a bubble? Also, what are some good bitcoin news sites so I don't have to bother you with my n00b questions? there is 50% chance to crash and 50% chance to go sky high. Now answer a question: what can i loose? If you invest $1000 and it will crash you can only loose $1000. But if it wont crash, then at what level value will possibly stop? $1000000? I invested when bitcoin was $47. Basicaly i doubled my investment value now. But if it will crash someday for whatever reason and i wont see my money again i will never regret this because another chance in my life like this will never happend again. Keep in mind that in cyprus many people just lost they life savings. And they was promised interest 4% or so per year ... Title: Re: Is it time to jump in? Post by: Vandroiy on March 28, 2013, 01:07:09 PM there is 50% chance to crash and 50% chance to go sky high. wat Someone has an amazing probability predictor there. Title: Re: Is it time to jump in? Post by: Myptofvu on March 28, 2013, 01:21:46 PM Just joined the forum. Two questions: Is it possible to short the Bitcoin? and is there a site that lists who accepts Bitcoins?
Title: Re: Is it time to jump in? Post by: mistermayi on March 28, 2013, 01:22:31 PM Well, my tactic is to mine whatever I can and hope it will return back to ~50$ and buy some ;) That's true. And I really don't think that there is anybody who can foretell the future... How does a poor, computer illiterate soul such as myself get into mining? (I apologize for any facepalms and/or headdesks which this question may have triggered :-[ ) Title: Re: Is it time to jump in? Post by: deadweasel on March 28, 2013, 01:27:09 PM Just joined the forum. Two questions: Is it possible to short the Bitcoin? and is there a site that lists who accepts Bitcoins? https://www.spendbitcoins.com/places You can buy options for buying BTC in the future at a fixed price on CoinBr. See the link in my signature. You can also buy puts for selling at a certain price in the future. https://www.bitcoinforum.com/coinbr-com/call-option-calculation/ Go make yourself some BTC! Title: Re: Is it time to jump in? Post by: Redi on March 28, 2013, 02:20:38 PM Does it have to be installed on a machine, or can it be saved to a USB? It can be saved on USB as far as I know... Just make sure that the whole file is there and that the computer have all needed drivers (eg. drivers for OpenCL computing if you wish to mine with GPU.)(I apologize for any facepalms and/or headdesks which this question may have triggered :-[ ) Title: Re: Is it time to jump in? Post by: wyrag on March 28, 2013, 02:28:22 PM i think it's a bad time to invest so close to the $100 mark. Wait for a correction or until the $100 is history.
Title: Re: Is it time to jump in? Post by: True___Blue on April 01, 2013, 11:01:48 AM I've been holding off buying bitcoin for the past two weeks, thinking the exchange rate would come back down. However, it keeps on rising. Will it keep rising past 100 USD, or is this just a bubble? Also, what are some good bitcoin news sites so I don't have to bother you with my n00b questions? there is 50% chance to crash and 50% chance to go sky high. Where are you getting those numbers from? Title: Re: Is it time to jump in? Post by: DirtyGoldMan on April 01, 2013, 11:22:52 AM I've been holding off buying bitcoin for the past two weeks, thinking the exchange rate would come back down. However, it keeps on rising. Will it keep rising past 100 USD, or is this just a bubble? Also, what are some good bitcoin news sites so I don't have to bother you with my n00b questions? there is 50% chance to crash and 50% chance to go sky high. Where are you getting those numbers from? I think what was being conveyed is that it could go either way - up or down. |