Bitcoin Forum

This is the last chance we will ever have to purchase a sub-$700 bitcoin.  Mainstream adoption will be achieved within 2 years.

I wish I could have so much money to afford buying!

Idk about the last time being below $700, but I think we at least touch that price here in the next 12 hours...

Gee, where have I head this before?  ;)

That last spike took us to a little over $1000 so it is reasonable to expect a correction below $700.

The next spike will be at least $2000, and a sub-$700 correction would not be expected

BYUING is the new HODLING. Congrats for the coinage blatchcorn (pun intended of course)

But a short, sharp flash crash well under $700 is perfectly possible... and not detrimental to the overall uptrend.

Price right now is essentially identical to the most I have paid for btc, which was on Mar 5, 2014
I am in a hodling pattern now

Nice one. But it's hard to pronounce. by...u...ing..
I need money to byu!!!!

There are alot of predictions in other topics its going down and below 500 again.
But I think your right about this, there is a point where we just leave the 500$ range.
And 1000$ will be the standard then or maybe even more.

Hummm I am tempted too buy as well.. I already have a nice position I just want more.  I am thinking of going gold heavy at this point TBH.

No, byu is stupid. It's like kittehcoin. How many of you own kittehcoin?

Once we go past 1200 we will never go below it again.

So you can go from 1030 to 405 but not 1200 to 699 ?

Hmm what would be a nice alternative to byuing?

I like Pruchasing :D

Yes. Look at the price history. The bottom of a bubble is higher than the ATH of the previous bubble.

Nothing, that's what. Cheap knockoffs suck.

HODRING over here   :D

don't forget the "A"  :P
HODARING

How can you compare kittehcoin to Bitcoin?
Bitcoin is much further then that new coin that one one uses.
Look how bitcoin never goes lower then 400, that's because people believe they can buy bitcoin cheap at that price.
And that price will probably only get higher, when bitcoin get's more mainstream.
Maybe we already passed the moment that we dont go under 500-600 anymore.
Im not a expert but it's a possibility.

Its like the people expecting in 2013 to see the price below 40 to buy, we shoulnt buy at the top but dont expect the price to go so low too.

I always laugh when people say they would have bought in 2 years ago because prices back then were much smaller than today and they don't buy in right now because prices are too high :D.

Why is it so hard to understand that 2 years ago there was as much FUD as there is now and they would have said the same thing and compared 10$ price to 1$ price :D, wishing they knew about bitcoin in 2010 because 1$ was much smaller price than 10$

Today's developments simply confirm that the only trading decision you should be making is whether to buy more or hold.

I usually like buying when there's blood on the streets (like BTC was 3 months ago and like LTC is now)


All this hype and delusion actually worries me a little. I know it is highly likely that we are about to enter the next bubble, but let's not jinx it or we might end up with a shitty bubble that barely scrapes ATH following a crash like no other. Just calm down.

You kinda summed up how I feel right now as well.  While I'm all for fabricated or well-timed positive news during uptrends (and hate fake FUD during downtrends), I feel the media will be the devil of bitcoin until it's marketcap grows sufficiently large enough to be able to resist the media mania crap and the whale manipulation.

I agree this might be the last time to buy sub 700, but I tend to think mainstream - adoption might be closer to 10 yrs from now than 2. You have to consider your parents, grandparents and non-techie friends as well. But since mainstream means 1btc will be in the 100000 - 1000000 range I guess I can wait ;)

I think even if it goes that little bit more mainstream we will be talking 5 figures.

We are in the calm before the storm.  It is a great time to buy

I don't think we will see $400 and pehaps $500 again, with the positive news of the last days we are going up up up.

And it shouldn't be a difficult decision:

Have spare money? Buy.
Don't have spare money? Hold what you've got.

It`s a good chooise to buy now, we are in the correct time to buy now or cry later. I know that probably we will face another big dump in the future (maybe before this year ends) but before that we will broke the $1200 limit very hard.

Somehow I don't think "BYUING" will catch on the same way "HODLING" did. But nice try. Not the strongest argument I've ever seen, OP, but I'm more or less with you.

Who exactly 'coined' the term hodling & when? Was it originally a spelling mistake?

It was a thread in this subforum. Price was dropping hard I think, and the guy was (maybe?) drunk, and it just sort of caught on. I kind of wish it didn't....

Nice topic, buyers are clever.

BYU is a big school in Utah