Bitcoin Forum

I believe now is good time to get back into buying bitcoins.  We have weeded out Gox what else can happen?


http://www.ihavebitcoins.com/featured/theres-never-better-time-right-now-buy-bitcoin/

Famous last words. Up there with "what could possibly go wrong" "I've got a bad feeling about this" and "They can't hit us from that distance."

most events do not physically affect 90% of people.. yet 90% of people panic over what happens to the 10%. EG mtgox 800k missing but thats only 6% of all coins in circulation

china bank news. ended up being Fud mostly because exchanges simply changed accounts, and where only a few hundred thousand coins are on those exchanges, again a small percentage of the whole economy

we need to collectively realize that unless something is 100% going to affect ALL coins in circulation. then its not worth getting emotional about.

...

I have not put in enough time in the whole BTC business to really know, but here is what I think.

I believe the above comment re "averaging in" to BTC is probably an excellent idea, I just buy gold, for example, when I have the money.  I do not even look at the price other than to make sure that my LCS (local coin shop) is not charging too much.  If you believe in BTC, which I do to at least some extent, averaging in has worked for me in gold, and would likely work for BTC fans too.

(I will eat that dogfood soon, as BTC prices are down so much from the $760 or so when I got in)

 :)

 ;)

 8)

But there have been better times to buy Bitcoin.  Some examples:

• 2009
• 2010
• 2011
• 2012

and in 2020 you will be saying that 2014 was a good time to buy in.. hindsight is a bitch

Could be a great time to buy given the following:

- we just had a big run down in price so coins are cheap
- price is now rising again, we are seeing technical support.
- with the recent irs ruling, regulatory uncertainty has been somewhat mitigated
- gox scandals are behind us.  Security knowledge is on the rise
- adoption continues to grow
- altcoins are on the decline

From where I am standing, bitcoin is looking VERY sweet right now.

There is always a right time to buy.

Exactly.
Unfortunately no one knows when that time is lol.

Now is the right time?
How about last week and it hit $380?
That wasn't the best time to buy?

The best time to plant a tree is 20 years ago....the second best time to plant a tree is today.

I remember people who had 10 + bitcoins when it was over $1000 saying "I'll keep them and see what happens i'll get rich or get nothing" so they have hope again :)

i think the best time ti buy btc is the last time when the price drop to 300 something
its rising up again so its no no to buy one

Any price sub $500 seems like a good time to buy, especially if we all expect Bitcoin to soar to $1000 and above levels.   :D

Yeah I was thinking that lol, I think back when some guy sold 10k bitcoins for like a pizza, that was probably a better time to buy bitcoins.

Guys when people tell me that the CEO of BITCOIN went Bankrupt I can't help but Laugh they also tell me that BITCOIN has Lost about 5 Billion in Market CAP I Laugh even Harder when I here that statement. People BITCOIN is ON SALE right now its more than 75% Off this is unheard of in the Finanacial World Money never goes on Sale! BUY BITCOIN well its on Sale or you will be sorry!

Yeah well.... we just spiked up $100 form 2 days ago... are you guys right now is the right time to buy?