Bitcoin Forum

Now that I know about Bitcoin... We need BTC at 4$ again... right.  :o

This is the way I could invest round about 60$ and hope for a new price rise and then having a better gameplay and much more fun here.  ;D

I can understand if some people would like to stone me to death now.  ;D

Anybody else with the same problem of being here too late?

That's a shitty way to look at it. Bitcoin will keep rising and people will look back on $200 and wished they picked up cheap coins then.

I've seen flash crashes of 50-60% in trhe past. A few of these and you're there!

If we do see $4/BTC again you mightn't be wanting to buy them, because I can't ever see it going that low ever now except in a "fail" scenario. Of course, I cannot preëmpt the market any more than the next guy can, but I predict that $40 is now the new floor (analogous to the $2 floor at the back end of the 2011 bear run).

This is not formal investment advice, but, barring protocol failure and the like (a major flaw being found in Bitcoin), it might be worth buying hard should the price drop below $100 (if it does).

If the price falls below $40 or so I might contemplate selling body parts and stuff to get more BTC. (Just kidding!)

40$ would be already a little bit more relaxed and good for beginners like me. :) I do accept this rate!

Just think about buying mBTC instead of BTC. Current exchange rate for mBTC is about $0.18 ;)

I did. I hold 0.16 right now and do plan to invest 0.10 soon until I again sold some 3d content in Second Life. Virwox only lets me put in from 0.10 and up.
Some maybe laugh about this amount but who knows... if all this is going sky rocket, then there is potential lol.

Imagine the value of one BC would be 500000... this would mean I have bc worth of 80.000 USD. Is this crazy thinking? What ever happens.. from now on I do invest every of my play money and hope that bitcoin will sky rocket.

I rather created this thread because it makes me mad that I am not earlie adopter. I never read about bitcoin before. And the fun fact is that I am somewhat internet geek. I mean I am pretty much informed about a lot of technology stuff. But have not been informed about bitcoin. Thats crazy but it was not a huge topic in germany. I didn´t even read about in english tech magazines.

3 days ago I did read about bitcoin in german news via smartphone and started my computer to google about it... now I am here.

So let me try a differend hope.... "We need BTC at 1.000.000" so that my actually 0.16$ would be worth 160.000 USD lol. I think I would laugh if this would happen... I mean how would I explain my family that I am now a little bit wealthy? :D

Only if i'm fiat at that moment in time.

Very short term thinking to wish Bitcoin to $4 again.  You are better off buying now and waiting for the far more reasonable assent to $1,000.  Although a little slower would put more people at ease I'm sure :)

Nice wishes

Bitcoin is being spreaded all over big financial newspapers. I think $100 per 1 BTC and evern $200 per 1 BTC can be historical

Just move the decimal and it is. 0.02 BTC is about $4.

You are not late, the name of the game is different. Sell goods - www.coingig.com (http://www.coingig.com)

He said invest 60$.


lol

I already try to offer a service here in the forum section. Let´s see :)
Anyway.. it´s still not game over... some more big players in the house and I am even wealthy with my 0.16 bitcoins which I own now :D Can maybe someone call amazon in? :D

All you need to do is invest now and wait a few years longer.

Every time is the right time to invest in Bitcoin.

We are on an exponentially growing curve (though it might not keep up its current speed) for another 10 years at least.

That is the beauty of Bitcoin.

But there are also some people in the forums here who write their concerns. Both.. positive and negative bitcoin critism makes sence to me at the moment. That is the real problem I have.

1. If big players go out of the game (they call them bulls or so?), then bitcoin rate will get a major hit if I do understand it right. Because they move a lot of money out. Would other big people fill the place so that there is a second chance for a bigger rate again?

2. What if country pull the plug? I mean forbit bigger companys to accept bitcoins... bitcoin would remain underground currency? Maybe pretty worthless later on?

3. Attention: Conspiracy! What if this game here is created by exact the same people who milked our dollars and euros away? Maybe they pump in so much money so that all people even me become greedy and want to play the game too. And later they pull out everything = profit while we just got ripped?

4. Security... what if there is a security bug or issue?

5. Bitcoins are not phisically.. they exist only in our brains...

Thats the negative stuff I did read so far.

I do think there are some more concerns you could think out or which some people mentioned here. It´s basicaly just what I did read here. But on the other side positive critism makes sense too... the amount of bitcoins are limited. There is no inflation... it´s rather deflation which should mean that the value should increase... yes that sounds sexy if it is true.

Just look at Bitcoin a buying shares. You know your share when holding a Bitcoin (1/21,000,000), only the price fluctuates. Unless banks make International payments 24/7 and nearly free, there will be a place for Bitcoin.

I consider the only real risk a hack of the protocol. If Bitcoin does not encounter such the next 18 months, people don't know better than that Bitcoin is safe. If that happens, the current price run up will only be laughed at. Just keep your 'shares' safe and spend if you see something nice.

There is the possibility that Bitcoin is staying on a permanent high level will it still be fair to call it decentralised?

Scum of the world dealing in Satoshis, while the around 5 current big holders are set up in the banking world and big business having cornered the market?

Bitcoin have over and over again, broken market trends so all possibilities should be considered.

WE? I think OP means HE wants the price at $4.

I increased my holdings from 0.16 to 0.33 yesterday... and looks like it was a good decision. I think we can continue as long as I get my 50€ investment out soon.

My hope comes true  ;D 40$ soon... then reset to 4$ in may  ;D Nice one

unless every investment, institution and major player gets hacked/destroyed/bankrupt, we will not go below 50

Ok then let´s say 50€. It´s a nice price and I will buy in.

wishful thinking will get you nowhere in investing.

You can buy $60 worth of coins now. You don't need to buy a whole coin.

Nah. I wait for the next panic. I start to understand the game and the people. Stuff like yesterday will repeat until mtgox can handle the stuff better... so there is a second chance for me. We are already back to 181... way to high for me :)

LOL  :D

So if it's not a huge topic in Germany then that makes you an early adopter. So what you moaning about?

It was not a huge topic. I came here with the first huge wave of media articles and tv spots some days ago when the rate did hit 100€ per BTC

I am not earlie adopter... I am just someone who came too late.

I brought in at single digits and thought I was too late.

Your not too late.

But there is still a difference. Single digits won´t hurt if you spend them or if you lose them. Everything above is another story in my opinion unless we expect that the rate will grow to 1.000.000USD in the next years. So I am for reset and single digits again. Then I do the same like you did...  :P but joke aside and let me be serious... My new plan is really only to invest if the rate crashes back to 80 or at least 100 usd once again, which will happen before 17th april as it looks like the problem is on mtgox´s side. I think it might be much more save then because I did read that servers will be improved until 17th. When I got one cheap 0.50BTC then I am in the boat.

Perhaps we need to introduce a 0.01 BTC as one "BitSplit" or else.

Its a psychological matter to have a 1BTC ~= 1 USD thinking.

Perhaps also the graphs and markets might use a fresh buzzword to make users feel well when getting "a whole Bitsplit".


Just think about it.

It is to early to introduce the 0.00000001 BTC as BitPenny or BitCent - but time will come ;)

Jesus... my hope comes true. The hype is broken... now free fall :D

It's on its way up again. People starting to re-invest by the looks of it.

This a is just money vendor for those with enough funds to control the market, just like with other currencies.

They bulk buy low, drawing in lots and lots of small time investors, thus helping to push the price up higher and higher, then the big cats bulk sell, sending the price down, scaring the little guys into scrambling to their keyboards to sell off, thus making the price crash, and allowing for the big cats to start their money making process all over a again.

Brought to you by Cap'n Conspiracy Theorist ;)

Actually, I'd like it to pop over $200, so that I can get some funds for the TT at the end of May :)

I go offline for today. I won´t jump in... I think we have double digits tommorow. This is a burning house now.
But if you are right.. then I learned a lesson for the next DDOS attack  ;D

Yeah I'm more into the $200+ idea  :D

Make sure you have a backup plan if doesn't drop to double digits.

But we are already at double digits in euro lol. Look tommorow... the ship will be on the ground.
But as said... this is not bad at all  :)

It might be your chance. Good luck.

This panic selling doesn't bother me. My coins will stay safe in cold storage.