Bitcoin Forum

Economy => Speculation => Topic started by: Lucid717 on November 12, 2017, 09:43:37 PM



Title: It may be time to buy
Post by: Lucid717 on November 12, 2017, 09:43:37 PM
I just watched the value of BTC jump up nearly $100 in a matter of 5 minutes.

In fact we have the power in our hands anyhow, people don't realize that enough.  If someone like I were to come in here and say:  "BUY, BUY, BUY!"... and everyone actually followed suit, the value would skyrocket, confidence in the prediction or not.  That's the power people have that own the majority of shares when they get together.  That's basically what insider trading is, only us common folk have that power with the BTC industry unlike Wall St. where tycoons do.

Let's get this thing heading in the right direction again.  It already is in just the past few minutes anyhow.


Title: Re: It may be time to buy
Post by: Remember remember the 5th of November on November 12, 2017, 09:45:25 PM
The problem is, a group or individual is dumping. Network has 150k or more transactions that are unconfirmed, not a coincidence imo. So one cannot simply buy now, although it's up to the users.


Title: Re: It may be time to buy
Post by: bitcoin31 on November 12, 2017, 09:49:14 PM
As of now the price of bitcoin is 6200 dollars and it's up to you if you want to buy bitcoin or you can wait more.
But invest only you can afford to lose because they have possible the price will decrease more and we see the price of 5k DOLLARS


Title: Re: It may be time to buy
Post by: ahmadakbari on November 12, 2017, 09:58:13 PM
It is definitely the time of purchase.
I am not sure that 100 dollar rise in price is a sign that the price rise has just started. The price might drop more. But as I am sure that the price will be much more than the current price, it's better to not wait for lower prices and buy bitcoin as much as any one can afford.


Title: Re: It may be time to buy
Post by: tomotan on November 12, 2017, 10:04:45 PM
You are totally right mate...time to stack up ;-)


Title: Re: It may be time to buy
Post by: eagleman on November 12, 2017, 10:06:10 PM
I just watched the value of BTC jump up nearly $100 in a matter of 5 minutes.
It can even go lower than $50 for just a couple of minutes.

In fact we have the power in our hands anyhow, people don't realize that enough.  If someone like I were to come in here and say:  "BUY, BUY, BUY!"... and everyone actually followed suit, the value would skyrocket, confidence in the prediction or not.  That's the power people have that own the majority of shares when they get together.  That's basically what insider trading is, only us common folk have that power with the BTC industry unlike Wall St. where tycoons do.
Even we do the massive buy orders, there are whales out there that are countering the massive volumes of buying orders that force people to jump to bitcoin cash through some network attack.

Let's get this thing heading in the right direction again.  It already is in just the past few minutes anyhow.
After seeing it few hours ago, the price was at $6,100 and now it goes down to $5,800 still hopeful on this correction.

The problem is, a group or individual is dumping. Network has 150k or more transactions that are unconfirmed, not a coincidence imo. So one cannot simply buy now, although it's up to the users.
Thanks for emphasizing that, they are doing this intentionally. Network congestion is truly a pain to all of us and they know how to do it.


Title: Re: It may be time to buy
Post by: shursight on November 12, 2017, 10:10:34 PM
It is very difficult to buy bitcoins, not even in localbitcoins you can buy because the whole blockchain is going to collapse, i sent a transaction yesterday and it is still showing up pending, it is impossible to move funds with this actual thing.
anyway, it is very low, it is a good price to keep buying, but we should think about the possibilities of seeing bitcoin much more down than atm's price, it is very sad to think about this, but it can really happen if all the people tries to move their funds to bitcoin cash.


Title: Re: It may be time to buy
Post by: aardvark15 on November 12, 2017, 10:54:56 PM
I just watched the value of BTC jump up nearly $100 in a matter of 5 minutes.

In fact we have the power in our hands anyhow, people don't realize that enough.  If someone like I were to come in here and say:  "BUY, BUY, BUY!"... and everyone actually followed suit, the value would skyrocket, confidence in the prediction or not.  That's the power people have that own the majority of shares when they get together.  That's basically what insider trading is, only us common folk have that power with the BTC industry unlike Wall St. where tycoons do.

Let's get this thing heading in the right direction again.  It already is in just the past few minutes anyhow.

Bitcoin is a good deal right now. We aren’t going to have many chances like this to buy under $6000. This is about a 30% drop from the peak which is a good discount.

I think this correction was way past due and it was expected to come at some point so we should at least take advantage of it to stock up on more. The same is true for any altcoins that are down in price which can be bought for a bargain right now.


Title: Re: It may be time to buy
Post by: hahay on November 12, 2017, 11:04:33 PM
If you want to do gambling with a trade I think it will be fine if you're sure. But when viewed from the chart I think it's indeed already time to buy, but we do not know what will happen afterwards.


Title: Re: It may be time to buy
Post by: talks_cheep on November 12, 2017, 11:08:13 PM
LOL

It's fallen down to $5700 now. It's past time to sell, not buy. It's going down to $3500, then you can safely buy.


Title: Re: It may be time to buy
Post by: kwukduck on November 12, 2017, 11:09:16 PM
Feel free to buy while this things is sinking.

I've transfered all my Bitcoin Core to the exchange to sell 35 hours ago with max fee in GUI. Still waiting to get confirmed.
Bitcoin network is basically dead already.


Title: Re: It may be time to buy
Post by: batang_bitcoin on November 12, 2017, 11:11:40 PM
Feel free to buy while this things is sinking.

I've transfered all my Bitcoin Core to the exchange to sell 35 hours ago with max fee in GUI. Still waiting to get confirmed.
Bitcoin network is basically dead already.
Every time kwukducks appear the price is surging, you are one of the lucky charm here. And even I've been struggling to deal with this correction, you suddenly popped up. I shall thank you for this kwukduck for making my night great before sleeping but if you don't mind to show the TXID of that transfer so that I can see on how much fee you did paid for that transaction? I'm only curious with that "max" fee you said.  ::)