Bitcoin Forum

Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.

Well, look at the current price, makes me interested to get ready to buy. but, I would probably wait a while until the bitcoin prices fell slightly. maybe the price could be under $ 1000, but for now, maybe it will not happen.

Im still waiting for the price to decrease i already sold my coins im actually doing buy and sell with bitcoin im always waiting for the price into under 1000 dollars per coin then holding up than investing it on non sense investments.

Waiting for $1000 won't work this time. $1100 If you get lucky.

if you want to buy bitcoin for short term then have to buy when prices are low, if it's long term investment then there is no harm if you start from now, m for a few more years bitcoin will rise dramatically above the price now

Yes it seems like today is the best tome to buy and sell nd be one of those profit takers however I noticed that exchangers changed their Buying price and Selling price difference like in a normal day when Bitcoins price dont jump from 1,130 to 1,180 in a matter of 15 minutes buying and selling price difference is just a few dollars from each other but when theres an active movement the difference of buyimg and selling is big.

This shows that you are only here to profit and never really cared about bitcoin, I agree that we should harness as much as we can when such opportunities are in our grasp but we should also support the market by not letting the price drop hard, because that is when new comers feel betrayed and manipulated.

The only time to buy three digits is coming after a huge dump when an exchange gets hacked or something like that so this is the only time to stock up. Get rid of that fiat, it's crashing!

Current drop isn't that big of a deal if you consider that not all people have the balls to keep holding at the time the price takes a short break. People feel confident as long as the price is going up, but as soon as they see a decline or stagnant moment, they are out. Let them exit as it will only benefit the market as their coins will flow into stronger hands.

Even teddy bears know it, being conservative with your gambling in the day trading game is going to be key. If you miss your position by being left behind holding fiat you will feel like the biggest idiot as the price keeps going.

I would not trade with margins biggest than 20 dollars, take profits and always be in btc.

I agree that we will get ready if there is the trading site was hacked and we will see again the huge dump.. For now i think as i can seen these days fluctuate of the price of bitcoin from bitcoin wisdome we already seen a huge dump but few minutes increase back.. you can seen large red there and increase and now its staying at $1100+ and looks like we will not experience again back to 3 digit..

To is the day to buy some good amount of coins if don't have any in your stash.
Cause you know as soon as enough realize this correction, the price will sky rocket all the sudden from all the buying going on.
That always happens and never fails. ;)

Bought a little just before the impending $1200 price fallback bound to happen but probably not until Monday I would like to think. It is incoming. Just a matter of when and why now. :-\

So a correction after some wild rise,  this is much better than forming a bubble. The bubble is deflated and reinforcing its buy wall to avoid bursting :).  I think this dip is the right time to buy, remember we still have the hype factor of ETF to be decided two weeks from now, I can see BTC to rise again after this dip and before the decision on ETF.

maybe now is the right time to buy bitcoin. before bitcoin prices actually rose to $ 1,200. if we wait for a price below $ 1,100 to buy it, I think we're going to miss pump is imminent. so, be prepared to buy it.

Not yet.
Volume is pretty low. We will retrace to 1140-50 and then start a new attempt to break the ATH.

i wish it was that easy to just have a price number in mind and then buy there!
the best thing is to open up some positions (at least a couple of them) and wait for them to be filled, but there is always going to be some of them that will be unfilled and you will be left with less bitcoin that you hoped for and fall behind of the rocket to the moon.

A mid-term correction has been due for a while, ever since the turn of Christmas - the surprise was that the dip after New Year disappeared so quickly. It's hard NOT to see a return to mid800 and 900 in 2017, even if it has to be only temporary. Bitcoin is in a position of strength now but we've all seen over the years how unexpected (or now shall we say expected) events such as significant security incidents on major exchanges can deal a blow to crypto value.

yes, some time in the future I am sure that the price of bitcoin will be increased significantly. some analysis said bitcoin price will increase to $ 1.500 in the first quarter of this year. This is the right moment to make a profit in the months ahead.

I think right now is the time to buy it. I will speculate that the price will still rise and may reach 1500$ in two weeks time. Then probably set a cap if you are going to sell or dump it later for profit.

But I am expecting $2000 price levels within same time frame.
The 200 days moving average converges toward 100 days moving average line around $1800 to $2100 levels. This must be a very good confirmation on market sentiment for continuation of current bull rally.

We can expect to sustain there itself as higher prices already started attracting media coverage to make in adopters and investors get into board. Hence I believe this not a profit booking time, it is time to enter and multiply our networth.

Because we can expect prices to hit $10k levels in next one or one and half years. Just hodl.

If analysis went right profits for those who still holding and keep buying while price still cheap as we knew that this really a good investment that's needed some trust and patience, believers will make good profits so no specific timeframe just keep holding and sell when you feel if the earnings already enough.

But i need an evidnece from SEC if they will be accepting bitcoin before the bitcoin price can increase over $1500 (irrational in my opinion) Just sell them before the SEC deadline and everyone will get a profit.

It's all about the Bitcoin related ETF, and not that the SEC will start accepting Bitcoin itself. I do agree that if you want to act, that it should be done in advance of the potential ETF approval, but the point is that no one knows what the result will be in March. If you just don't know what to do, then just keep holding as the price will climb back up in case the price does happen to get dumped down at the time the ETF is not approved. It's not all that bad, at least you'll get the opportunity to enter the market at lower rates.

i am always ready to buy and sometimes ready to sell. like last days when price was so wild and high :)
all the news flying around are just distractions to accumulate right now, when in fact nobody knows what can happen except to speculate.

It seem correction is already over and now upward move looks inhabitable. We may soon see well above $1300 so buy now and don't cry later. I am not going to sell my bitcoins before $2000 per bitcoin  :D

bitcoin price around $1190 and i am sure bitcoin price will increase to $1500 at the end of this month you should buy bitcoin in huge amount you can gain a good profit from bitcoin in one month.

No one knows. I'm just waiting at $1000 to buy again bitcoin. Because I already converted my bitcoin in current price. If this $1500 happen I loose my chance to earn a good profit. But Do you think bitcoin will decrease at $1000? Or not?

You are right, the correction should be expected just before the ETF approval as is usually in a financial market, many out of panic, safety or mere speculation, would rush in to offload their coins until after the news about the ETF is out.That would bring the much expected market correction, so it is going to make a good business decision to go gather as much fiat as possible, waiting to buy more coins just as the ETF news is in view. If it gets approved, the better, if it does not, Bitcoin is destined for the moon regardless!

this now is good time selling in bitcoin
because bitcoin price this now is high, if you want speculation is good time to buy bitcoin, because in mach can big event, china autorized can announecement result investigation about exchanger, and in USA SEC and ETF annoucenemnt to about aprove or disaprove about bitcoin

But on the other hand, if all those things you said comes out positive you could already expect to see a sudden pump on the prices of bitcoins since all of those will positively affect the prices of bitcoin. All of it has a chance to fail but if some or all of it succeeds then you'll regret selling right now. It's just a matter or perspective here.

I'm not buying any more at this stage unless we go below $1000 again. I'm moderately happy with what I have in cold storage. Would have to go below $1000 for me to dust my fiat wallet off again though :)

Many people are expecting that if ETF is disapproved then BTC might drop even below $1000. I am not in a mood to buy for another couple of months at least so I don't want this to happen  :-\

Trapped dudes like me shouldn't panic. Waiting for 1000$ is definitely worth waiting.

Remember it fell to 200$ from 1000$ before. It can always happen again. That's bitcoin we are talking about. I would personally wait for sub 1000$ to enter.

Entering from 1200$ with everything is not a smart move. I would only buy with my %2-3 from this price point. Too risky.

If many are waiting for under 1k to buy mkt likely to go opposite way

That is a good thing if you were going to buy in spite of the price now. I am having a second thought if I'll buy now or just wait for its price to low at least $1k, I regret that I didn't buy last month, but still happy in what bitcoin is achieving now. I should have obey and believe the thought and the prediction of the expert at first then I should have been happy now receiving my reward.

There are a lot of people with short positions, who are waiting to buy once the price drops.
So there is likely to be resistance when the price goes to $1000 levels. If a short squeeze happens before that, we could be headed to the moon.  :)

Bitcoin is the future currency and it has to be implemented worldwide. Currently very low people in the world knows about it and you can see the price.Soon when more people comes to know about bitcoin. it value will be way beyond 2000$.
So for me, i will not even sale at 2000$ and keep them till it reaches 10,000$.

What do you base this on? You should be careful to give financial advice on things you have zero control over. The current price hike are linked to

hype like this, and we have seen this before. Some people bought in at $1000+ last time and we saw what happened. Yes, this is a speculation

section of the forum, but we still deal with real people's money. If you predict something, then you should quantify why you made that

prediction and what the other side of the coin will be. Some idiot might read your post, sell his house, invest in Bitcoin and then lose everything

or a shitload of money, if your prediction is wrong.  :(   

It's really a question how high it can go.
If you look at the number of people who have nothing to do with bitcoin at the moment, and then add the possibility of including bitcoins in funds, I see a price of 10K in a few years of not being difficult to reach.
But with higher price, the transactions fees will rise most likely as well.
And that leads us to the question if bitcoin then still is a currency, or nothing more than an investment.

i think it has already been established that for buying bitcoin you should never "get ready to..." as in wait to buy. you should just do it. right then and there as soon as you have got some extra money and wanted to invest that in bitcoin.
otherwise, chances will slip by you just like that, and you see price over $2000 soon and regret not buying at $1200

I feel the same thing right now. There is huge pressure on people so,
noone really knows where this can go. It will be great advantage to buy many bitcoins in next correction.

i'm with you because bitcoin have a higher chance to increase in the future, and with this last pump it seems so, but there is always a certain risk to fall again because of hackers, because of bug or hard fork or any other things, too much unknown variables, but yes anyone will regret not buying now when bitcoin will be $1500 with EFT approval, $2k is still too much imho, too far away, by looking how slowly this thing si rising it's better to think about $1500 as a next target

What can I say? I hope everyone bought the dip. When I made this thread price was $1127 (bitfinex), today we've hit yet another all time high at $1231. It's amazing how bitcoin keeps shutting dumb fucking mouths left and right. All the haters are crying again now as we speak.

We'll soon hit $1250 finally surpassing the MtGox ATH. And probably some idiots will sell, then they will see it grow to $1300. Isn't life wonderful as a bitcoin holder?

The price did exactly as you said: I was watching yesterday when it hovered around S1,250 then dropped momentarily by $10. A very healthy breach today at $1,300 means even if it breaks again, it can't easily let go of 1K. Going to see some profit-taking this weekend, with an opening on Monday below 1,200?

From the day after the price fall due to China's People's Bank inspection people are into panic, what's gonna happen in the near future. For that panic people got a price increase which once took the price above $1000. This time as the price increase is moving forward the panic too is increasing. This time the price will continue to increase with fluctuations. No need of getting ready to buy at low prices.

I have been hodling since the price was sitting well below the $300 mark, and so far I have almost constantly kept hodling beside a few cash out moments in order to be able to buy back in case the price drops.

And yes, it feels amazing. Especially if you see that Bitstamp peaked at $1298 today and probably will break through $1300 within a few days, having the usual calmer weekends in mind.

Yeah the movement of the bitcoin price is really unpredictable. i doubt if i buy more of bitcoin and the big red candle will come and take dump all of the market. so too risky for buy more bitcoin in this time.
Just waiting for 11 march about etf decision.

The movement in the price of bitcoin is rapid and if at all if there is a correction it could make a significant difference in your investment as the price might go down at least a couple of hundred dollars which is a huge difference in the amount of loss you could encounter.So i would not advice to buy at this price but i would wait out and see how things go in the coming week and make a decision.

The price bubble is really interesting and i hope we would see a correction next week and it all depends upon the news on march 11 th and i am glad that Chinese will not the interfering in the price of bitcoin this time around.  :D and that was the major complaint for everyone that China is manipulating the price of bitcoin. Time changes and now US is controlling the price . :P

I don't know where is this feeling come from, but as always as bitcoin prices habit, it is a bouncing scheme like usually. And when the price will drop, it will down like last December on 2016. I hope many people will still keep buy and spend their bitcoin to deny this feeling.

The price will drop, but there is always a question of when it will drop and by how much it will drop.
The price could increase to $2k and then drop to $1.8K. That doesn't help you, right?

10% fluctuations are nothing for any commodity and it is always most common for bitcoin prices. I am too sure that we can expect a small fall down after reaching the big round number $2000 levels because it must be a physiological target for both traders and investors. They will book profits at those levels to leave another round opportunities for active traders.

But when very first time bitcoin prices was testing $1000 levels, it was not finding big sell off there as new investors were in more numbers than sellers. Similarly in $2000 levels too we can expect the same thing then same ~10% pull back will happen around $2080 levels.

Well if we should think clearly on price drop no one can predict what will happen next, and what is important for all of us now earning bitcoin is to grab the good opportunity which has brought by btc to us. The question on how much price will drop has no certain value and it only depends on the buy and sell movement of digital currency, reality always speaks the actual results and not the rumors. If you think it's the right time to buy, so follow what is your desire and decide what you think profitable for you.

OP was right, here is the dip, now buy and stop crying when it keeps climbing again. Peak was $1298, now we dipped at $1229, very typical of bitcoin. Idiots panic sold, smart people bought more. See you at $1300.

Yes under that price for this year is could not happen its hard now to down the price of bitcoin and the price now its so amazing because i know bitcoin hitting the next 1500$. If you have bitcoin now don't sell all do left some because you can get more profits soon.

Nothing prevents the price to maintain the $1000 level at the time the ETF does not get approved and a powerful chain of panic sellers start dumping like there is no tomorrow. Panic is a dangerous weapon for each and every market because people in panic don't think before they act. That's why I never rule out the price to fall to certain price levels. I have seen it happen often enough that the price kept goint down to levels people were thinking they were impossible to reach.

Price is getting higher and higher now and we can expect the same in coming months too so if you are a true believer of bitcoin then you can afford to buy even with a current price as it will definitely give you good profits in future but if you are looking for short term profits then better to wait for some more days and see whether price goes down or not and take your decisions accordingly as majority of users will feel that current price is too high to buy bitcoins.

I am buying and buying because I know the price will only go up the following weeks.
What happens after that is not clear because the ETF can o both ways.

But to my friends and family I've said buying upto 10/3 may be a very good choice.

If ETF goes in a positive way then we will see much higher price of bitcoins so I think this is still a good price to buy bitcoins and wait till ETF gets approval but the fact is not many can afford to buy at present price as it may be much higher and they would be expecting price to go down so that they can buy bitcoins at cheaper price so buying them now may be risky as we don't know whether price will go higher or lower in coming days.

Yeah if ETF is postive buying now will benefit us but if ETF is rejected buying Bitcoin now might be not the right time due to the possible dip in price because of the possible disappointment of speculators.  Whales might take this a opportunity to FUD the market and shake the weak hands into selling.

If ETF is denied we could well see price under $1000 again probably for a short time.

Who knows. I've seen a lot of people predicting that to happen, so maybe it doesn't happen because people will get in in anticipation of that, which means the price will not even go under $1000. People always act before they say so, in the moment of truth you never go at the limit. If your buying point is "under $900" you will at the end of the day buy at $1000 or at $1000+ a couple dollars. You dont wanna be left out of the game because you try to be super precise with the buying order.

And if the ETF passes and you are left out holding dollars after selling a day before you will feel like shit... thought call.

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 

That argument is for the day traders. For Bitcoin, it is buy and hold.
We may be at a local maxima, but buy and trade will still get returns in the long run.

Maybe the phrase buy low, sell high is for day traders but I think buying lower than the price we have now means more profit for the buyer. So even if one plans to hold long term, I guess just wait for a drop to happen since for me the price right now is too big to buy in right now and there is this chance that it will take a very long time before we can even see price ranges like these again in the future.

After 11th of March might be below $1000, might also be much higher.

https://en-efectivo.blogspot.com/2017/03/bitcoin-signals-bitcoin-is-over-bought.html

Interesting article. dip incoming

I think if ETF gets approval then price will go much higher in that case this would be the right time to buy some bitcoins and wait for the price rise and if everything goes fine then we will be seeing unexpected price of bitcoins in coming days so buying even at $1260 level is affordable.

By looking on today's priceI prefer to regret I didn't join to bitcoin earlyer and buy it like 200$ per coin. That's true. Such price as 1200$ per coin is too high to me to even think about buying of bitcoin. No. I decided to put some % of my monthly bitcoins on a side to look what it will bring to me. Of course I haven't even a feeling to repeat the success of those guys who invested in bitcoin in the most beginning and to become a milionare, But If bitcoin will continue to rise I will be able to make some money on it.

I really believe about that, it seems like we will get the another delay. But just a delay will make a big candle for bitcoin in the future and i guess that's really have a big chance to be happening in the future.
I'm not be patience to meet with 11 march.

They cant delay it anymore. Its a YES or a NO.

In the coming day the price of bitcoin will increase more higher so in the current time we can say that the price of bitcoin s more lower and better to buy now to get the future profit. You are right also that now the price will not decrease to low but for investors it is good to buy at any price they find.

If you are a long term holder or even if you can afford to hold them till the end of the year then you should not delay in buying bitcoins as price will be much higher at that time so if you buy them now then it can give you some best returns in coming months as it will become more harder to buy bitcoin as time passes by so don't miss an opportunity to buy them at a moment.

Did you mentioned about buy because ETF approval? Ready to buy bitcoin at ETH? I believe if people want to, they should buy at the dip, not at ATH as the price may drop back if correction happen. However, for people who looking for long term investment, buy bitcoin anytime they want as bitcoin will be profitable as time goes on.

I think this is not the right time to buy we should wait until the decision of ETF is taken and if it doesn't gets approval then we may see some price drop at that point and that would be a good time to buy bitcoins as price is too high at a moment and the price of bitcoins in coming days will totally depend on ETF approval.

The next price increase happens in relation to the ETF approval, so it's good to hold for a short and then decide whether to buy or not. Most of the enthusiasts and experts have predicted that etf approval is likely to get sanctioned. For this reason even buying now could get an assured profit.

But what I have heard is that there are only 20% chances of getting approval so the more chances are of getting denied and if that happens then we will see some decline in the price so its better to wait and watch and see what is going to happen next and take decision accordingly.

I will buy only after ETF decision is made as there is a full possibility that price will go down if ETF gets disapproved and it may take price back to $1000 level so that would be the best price to buy at cheaper rates so I will wait till next week and then decide what to do next.

The second that decision is made and released, I'm buying if rule change is approved for ETF.  It'll be shooting up likely but still will only have upside in future.  Holding off until then also but keeping close eye on it.  If rule change is denied, then we'll see a pretty large $200-300 drop at least in my opinion for a bit.

I - AM - READY to buy... Just hand me that trow-away price and you've got me.

I never wait till something happens to start buying. I always make sure I buy far in advance of everything where I purely focus on Bitcoin's growth. If you wait till the day the ETF gets approved, you're most likely already too late to benefit from the pump. In case the ETF gets disapproved we'll most likely experience a dump, but I don't expect it to be a heavy one. If the price tanks heavily after disapproval, it would mean that current increase is purely focused at the approval of the ETF. I believe current growth comes mostly from the increased demand.

haha yeah, everyone is waiting the price to go down to at least 1k after that huge pump to a new all time high.

Honest investors are always buying they don't even need to prepare for it, the ones who just try to speculate the price are buying the dips and then selling when the prices surge to the huge skies. Though I never buy any bitcoins because I'm a student at the moment so I pretty much can't afford it as I'm broke as fuck... :D