Bitcoin Forum

Im wanting to buy some BTC today and am unsure if todays rise will be a quick spike and then fall back down again.

Im aware that the reason for the rise is that coinbase has set up a US exchange.

I think the fall has already happened, I doubt you would see any big fall soon , specially in a day or 2, leading upto the announcement on 2nd, by which the price might go up.

What announcement is that?

In my opinion and the people I follow, you might see a minor downtrend into the 225s give or take a few and then a run up back to 300 ish so it's your call as to whether to buy now. In this realm, buyin in this neighborhood is harmless but it's up to you to pick you check in point. The market does its own thing and the worst thing is to have it fool everyone and move along on its own and leave people out who were looking for cheap entrance points. For me, the key is getting coinage locked down into one's portfolio before there's any chance that the train leaves the station. If you believe in the long game, there's little point in catching a retrace point to the T and saving a few bucks when the alternative is missing the boat altogether or losing even more money by panicking on the way up. Your choice.

Remember, during the whole of 2014 everyone was dreaming about buying coins this cheap!

Updownupdownupdown

The upswing broke the 2 month trend, but the down swing reversed the indicators again and it looks like the initial down trend is to continue strongly.

Well i already bought some now, i actually intend in using it to buy other cryptocurrencies such as NXT but i may hold on to it until its price rises some more, the main issue is that in New Zealand we only have one exchange and it does not have alot of volume, so i ended up paying a little more for my BTC and no one in my city seems to be using localbitcoins.com either. I probably paid about $20 more per BTC than i should have.

I believe we won't go below $200 ever in the future.. so yeah that's my opinion  ;D

I guess thats a big problem for most of us . They need to make good exchanges available at other parts of the world.

The price already fall again & looks like the price will stable for a while
So, i think it's good idea to buy BTC now

If you need good exchange site, i recommended BTC-e
They have some good deposit option with good anonymity :)

I expect the current correction will take us down between 210 and 230. If the overall upward trend is confirmed, I expect another rally to 350-380

$240~$280

The current price looks stable, however you might want to buy sometime on or before 1st, before the announcement on 2nd happens.
That will almost guarantee a price rise before that.

stable price for now, i would wait to buy, i think a mini crash is incoming

........and it has started!


https://i.imgur.com/BzciZ3z.jpg

Trend is upwards, look at the 4h chart on bitcoinwisdom, still going strong since $160.  hard to say what happens next, just buy a little each week if needed.

Down. :P

Morecoin freeman just wants more coin lol

And he wants more coin for FREE lol  :P

down until a reversal or 200 reached again