Bitcoin Forum

Economy => Speculation => Topic started by: K128kevin2 on June 01, 2014, 06:57:04 PM



Title: $620 - time to buy?
Post by: K128kevin2 on June 01, 2014, 06:57:04 PM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?


Title: Re: $620 - time to buy?
Post by: Ohh Pewee on June 01, 2014, 06:58:32 PM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

I would.  I don't see it going down much further, and it will inevitably go up again soon.


Title: Re: $620 - time to buy?
Post by: K128kevin2 on June 01, 2014, 06:59:34 PM
I bought a little bit, just half a bitcoin. I'll probably sell it if the price goes back up to where it was before and keep holding my other btc - easy $50 :)


Title: Re: $620 - time to buy?
Post by: damnek on June 01, 2014, 06:59:41 PM
Ask your neural network


Title: Re: $620 - time to buy?
Post by: Alley on June 01, 2014, 07:00:15 PM
10% drop in 10 minutes lol.  I just bought a coin.


Title: Re: $620 - time to buy?
Post by: Wilhelm on June 01, 2014, 07:00:34 PM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

We are probably hitting the next bubble. We will probably get a beartrap that will hit a lower value anyways we will probably be skyrocketing to a new ATH.
I strongly believe that if you want to buy a full 1BTC then this is your last chance unless you are really wealthy ;).

P.S. I do not advise investing with money you cannot afford to lose!!


Title: Re: $620 - time to buy?
Post by: zimmah on June 01, 2014, 07:02:43 PM
10% drop in 10 minutes lol.  I just bought a coin.

I wish i still had fiat to buy bitcoins with.

The only reason for fiat nowadays is to buy bitcoins with it.


Title: Re: $620 - time to buy?
Post by: piramida on June 01, 2014, 07:03:39 PM
easy $50 :)

some people really dream small eh? )


Title: Re: $620 - time to buy?
Post by: K128kevin2 on June 01, 2014, 07:10:08 PM
easy $50 :)

some people really dream small eh? )

Haha I am holding more for long term too


Title: Re: $620 - time to buy?
Post by: natewelt on June 01, 2014, 07:26:16 PM
I bought some more at 631. It was only my second purchase with the first one being at 449 a couple weeks back. It seemed to me back then that the breakout from the downtrend was a good time to buy.

I see getting back to old the highs above 1K here soon. Not sure if it will stay there, but I at least expect a test of the old highs.


Title: Re: $620 - time to buy?
Post by: Carra23 on June 01, 2014, 07:47:04 PM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

My feeling would be not buy now, but those with the charts might have a better idea.

I do not see this as a breakout rally, so it will keep bobbling over 1-2 months time.


Title: Re: $620 - time to buy?
Post by: DolanDuck on June 01, 2014, 10:25:49 PM
Yes you should definetely buy at this price, in the following weeks we will see a steady growth.
Untill now bitcoins were undervalued because of the bad news of the last months.


Title: Re: $620 - time to buy?
Post by: BTCfan1 on June 01, 2014, 11:00:16 PM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

We are probably hitting the next bubble. We will probably get a beartrap that will hit a lower value anyways we will probably be skyrocketing to a new ATH.
I strongly believe that if you want to buy a full 1BTC then this is your last chance unless you are really wealthy ;).

P.S. I do not advise investing with money you cannot afford to lose!!


I agree, best to get in soon or else be faced with buying fractions of a bitcoin instead of whole bitcoins at a time :)


Title: Re: $620 - time to buy?
Post by: keithers on June 02, 2014, 03:44:30 AM
75% of the people around here will always tell you it's a time to buy no matter what the price is... :)


Title: Re: $620 - time to buy?
Post by: K128kevin2 on June 02, 2014, 03:50:11 AM
75% of the people around here will always tell you it's a time to buy no matter what the price is... :)

Haha that's probably true actually


Title: Re: $620 - time to buy?
Post by: TERA on June 02, 2014, 04:09:15 AM
This thread is a little late. The time to buy was at $460. Where were you then?


Title: Re: $620 - time to buy?
Post by: KonstantinosM on June 02, 2014, 04:28:38 AM
This thread is a little late. The time to buy was at $460. Where were you then?

The time to buy is anywhere under 2k!


Title: Re: $620 - time to buy?
Post by: Wilhelm on June 02, 2014, 06:18:46 AM
This thread is a little late. The time to buy was at $460. Where were you then?

The time to buy is anywhere under 2k!

If you can afford it hoard it!!! :D


Title: Re: $620 - time to buy?
Post by: bryant.coleman on June 02, 2014, 06:20:34 AM
Some idiot dumped almost 3,400 coins in BTC-E, when the exchange rate was going at $665. Immediately the price went down to $617. I am seeing a similar dump in Bitstamp as well. These guys are quite organized.  ;D


Title: Re: $620 - time to buy?
Post by: NakedPony on June 02, 2014, 07:28:02 AM
Some idiot dumped almost 3,400 coins in BTC-E, when the exchange rate was going at $665. Immediately the price went down to $617. I am seeing a similar dump in Bitstamp as well. These guys are quite organized.  ;D

most of bots using arbitrage )


Title: Re: $620 - time to buy?
Post by: yenom on June 02, 2014, 08:47:41 AM
The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

Place some bids between 560 and 550.