Bitcoin Forum

Put a lot of money in recently at 200 it should be a bargin considering this is life changing technology and what the future holds.

How the hell can it drop any further since before all this infrastructure and awareness now how the hell can it go lower

And another "investor" aka gambler who don't know how markets work.

Buying at a certain price level, and when it goes down by a lot they blame Bitcoin for being fake, ponzi, etc....

Come on... Do some proper research about what you're buying and at what price level.

It wont dont worry - it'll only go up.  You are going to be rich.

No seriously - if you believe it's a life changing technology which you are now part of - isnt that enough? Why does some exchange price matter?

You take the good, you take the bad,
You take them both and there you have
The facts of life, the facts of life.

"I invested knowing that over the last year the price has steadily decreased over time and now I'm too scared to hold because I should have invested a little at a time or waited for it to bottom out and now I want to make a post in the wrong section on a topic no one can control."

http://s3.postimg.org/f1lyoh0v7/bedc5149b9aa9810f9ad71dd2352f2b54b7e0874.jpg

If you know what I mean~

Well it has been stable over 200 for the last couple weeks, so you can't say its continuing falling.
You can call it all a price correction.

Just wait and see. Hold your BTC for 5 years and be happy after it.

If you are not buying on margin, that shouldn't make any difference at all if it goes to $50. You can continue to hold on to it and commit long term on the price.

+99 for Nichijou reference

Well, I stupidly bought at like 190 but I will still buy more if it goes to like 50, to make up for that.

The beauty or the fallacy of regretting your investments, compared to gambling... There's this nice analogy: In gambling, it's been decided immediately whether you won or lost. When it comes to investing, the wheel keeps on spinning, you decide for yourself, when to hit the stop-button. That being said, you may be better of waiting for the price to go back up. But on the other hand, you may end up losing even more, by waiting longer. It's difficult.

For a moment I thought it was a topic from 2011 or something.

There is no risk of BTC going to 50 right now.

Only beartrolls say such thing

Well you just didn't buy enough. If you keep buying a few thousand BTC per day the price will go up.  ;D

I have bought a bit at $150. I still want it to go lower. The technology has finally reached the poor neighborhood that i live in and i hope it goes lower so that the people around me can get in on the train going away from dependency. i see bitcoin as a means of redistribution of wealth. i was in germany when the mark changed to the Euro. SO much money lost. Although i could just as easily find another coin but then we have to work to get that coin accepted by all merchants as well. which is why i love the register.

Why should the entire BTC economy suffer so you and your "poor" friends can join?  Do you think it should shoot back up as soon as you have all boarded the train?  Perhaps you should all start accumulating today if you want to be a part if this great tech instead of hoping for its collapse.

why all the worry if we are still around 200 euro, and it look stable to me, we need to pass all the way through 100-200 range before touching 50...

3600 new coins per day.  Even at $200 that means we need 3/4 of a million USD of holders or transactional growth per day.  All the great transactional news (remittance, large merchant acceptance etc) does not help the price SHORT TERM because it takes 100x transactional growth to = 1 holder growth (if you assume 3 days to make a transaction which is VERY conservative; the number could be more like 1000x -- BTC is "used" for just a couple hours during a transaction).   However, transactional growth gives confidence to holders...

But holding is not in vogue right now due to the decline.  We'll need some fiat shocks and a level or slightly rising coin to resume the buzz that makes your typical herd-mentality investor go back in.  However when it happens, this one is likely to be fast and very large -- because BTC awareness is saturating society -- so it makes sense to buy and hold in advance.

crypto is the tech, bitcoin just represents the first implementation.

It can go down further because demand/supply don't support this price much longer. Once all the believers are broke and bought at 200$ we'll be good to go down to 100$-range. May take a while but probably going to happen.

Easier than you think.

Doesn't look like it will be going below 100 anytime soon. Strong support above 200

It cant go below $50 without dying imo.  Like you say the infrastructure is there and the awareness is larger then ever. If we can get another bubble going it will be gigantic.  Im not looking at my investment and worrying much about it anymore, its all or nothing.  Just put it away and forget about it.

I would love to tell you all will be well.

But that's not how it works.

The truth is: Bitcoin does whatewer the fuck it wants.

I've been buying and selling for three years now. And the last time I bought back the price was waaay above 200. So what do I do now? I wait. It paid off last time I did that.

Your are investing in insanely early experimental technology.
If you believe in BTC hold for 1+ years at least and dont panic out if you start lossing money ffs.

Ok cool

"It can't do this, it can't do that". O Bitcoin, how you must chuckle to yourself.

Lest we forget...

https://i.imgur.com/04O8fCL.gif

Be thankful you got in cheaper than some who was here the last few years, if you believe it's a bargain and it continues to drop you should either cut you're losses and cry or keep buying.

It is going to do what it is going to do there is nothing a single investor can do to change it, do you trust the market will give it the value it's worth?

Same thing here, altho im almost certain bitcoin will deeply pass under 200$.
There is simply too much new coins minted each day for new fiat to pass to market through banks.
But still, im too afraid to sell, because its so unpredictable, all we can do is hope, and wait for halving to do its job.

cheers

Bitcoin will probably be no more alive by the time of the next halving.  :-\

There is huge volume on the exchanges right now.
Manipulators are buying into cheap coins, to pump the price.
Master Yoda says: support is strong with this one

If bitcoin price down below $200 & there are bad news, bitcoin might down below $50
And then people bitcoin is dead, useless, fake or ponzi

But it might be great time to buy some BTC

same post by new members every day.  i guess there's a new wave of 5 year plan millionaires.

I think the price will be around 200 for some time, then goes up slowly from there.

definitely gonna go according to plan

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTSGoXhuf6q7Lg78d66tPfc5cFzkyyvWIVx713q4gTmwXT2AUzCaA

Oh, price is $220 now?

Fucks given: Still zero.

Get lower so I can buy more! 

Translate:

Please buy up the price for me, i am already out of money and want to sell higher, if possible anywhere near my break-even point.

for every panic seller there is a buyer who gets cheap coins

Sure , there were a lot of people, at 800, 700,600,500,400,300 who bought  that "cheap" coins. Actually they are even getting cheaper every month...
So make sure that you don´t miss the train and buy cheap coins @200... :-\

http://i60.tinypic.com/2crtx5f.png
If there was a way to say it, this would be sort of how we do it.

If there was a way to say it, this would be sort of how we do it. Interesting things are interesting.

What makes you get the number $50?  :)

Nothing, its psychological, as everything in the markets. 50 is around number, its half 100, the other half is 0..

50USD != 50EUR != 50CNY

Trying to account for psychological ties to numbers when BTC is traded globally seems rather obviously flawed.

A lot of people are hoping for $300 now.
$50 is far away.  :)

USD is still the benchmark. I'm in Europe, and I don't measure price in Euro.

Admittedly, the primacy of numbers is not what it once was though. :'(

That is a good point, I hadn't thought about it particular from a European perspective - I initially imagined there being a bigger gulf between someone using CNY, though.