Bitcoin Forum

Economy => Speculation => Topic started by: thejaytiesto on June 07, 2016, 04:13:43 PM



Title: Time to buy the DIP
Post by: thejaytiesto on June 07, 2016, 04:13:43 PM
All those people doubting about getting in since we were on 350 dollars need to wake up and start buying. We have touched barely 600, so a correction was predictable, people has shorted and smart hands will start buying again soon, time to start considering a position if you are not yet in the winning boat. Worst case scenario it dips deeper, but no problem: just keep buying until it starts going up again, we'll be at 600+ in no time.


Title: Re: Time to buy the DIP
Post by: Miladran on June 07, 2016, 04:26:22 PM
Buy now or cry later :D


Title: Re: Time to buy the DIP
Post by: LFC_Bitcoin on June 07, 2016, 04:35:28 PM
Buy now or cry later :D

Pretty much this.

People troll & moan about the price. Get in now whilst you still can.


Title: Re: Time to buy the DIP
Post by: Denker on June 07, 2016, 04:57:11 PM
All those people doubting about getting in since we were on 350 dollars need to wake up and start buying. We have touched barely 600, so a correction was predictable, people has shorted and smart hands will start buying again soon, time to start considering a position if you are not yet in the winning boat. Worst case scenario it dips deeper, but no problem: just keep buying until it starts going up again, we'll be at 600+ in no time.

For a long time during last year people were able to buy in the 200s!!!
Even buying in the 300s was a good deal.
But very often the fear and uncertainty is what stops people buying bottoms.Instead a majority starts to buy when we already have made a few % on the way up.
Right now as you said, is indeed again the opportunity to buy for a cheaper price before we might really take off.


Title: Re: Time to buy the DIP
Post by: thejaytiesto on June 07, 2016, 05:08:44 PM
All those people doubting about getting in since we were on 350 dollars need to wake up and start buying. We have touched barely 600, so a correction was predictable, people has shorted and smart hands will start buying again soon, time to start considering a position if you are not yet in the winning boat. Worst case scenario it dips deeper, but no problem: just keep buying until it starts going up again, we'll be at 600+ in no time.

For a long time during last year people were able to buy in the 200s!!!
Even buying in the 300s was a good deal.
But very often the fear and uncertainty is what stops people buying bottoms.Instead a majority starts to buy when we already have made a few % on the way up.
Right now as you said, is indeed again the opportunity to buy for a cheaper price before we might really take off.

Those people are scared cowards that simply get paralyzed in fear when they have to press the "buy" button. Those are the kind of people that will never become rich because they are to make moves, and once they get in, they will fear at the smallest correction. They don't know to see value in what they are investing at and hold long term, thats why people with 2 figure BTC wallets will be rich by 2026.


Title: Re: Time to buy the DIP
Post by: ~Bitcoin~ on June 07, 2016, 06:07:59 PM
I am not seeing any correction comming in near future as if it has to occur it must have been few days before but still price is stable at 575$ level.


Title: Re: Time to buy the DIP
Post by: Junko on June 07, 2016, 06:28:18 PM
Yes, buy more now or just buy-in if you haven't already before the price corrects upwards and beyond. How many days now until halving? Don't get left behind at the station.


Title: Re: Time to buy the DIP
Post by: daniobg on June 07, 2016, 07:52:58 PM
Yes, buy more now or just buy-in if you haven't already before the price corrects upwards and beyond. How many days now until halving? Don't get left behind at the station.

Well that is true, but you don't know what China will do, because the pump at the moment is mostly because of them and has a little to do with the halving imo - maybe they will start selling just before the halving to asure themselfs, that they will make a profit and bring the price down very fast, just like how the pumped it up... Anyway I agree that it is not too late to join the train, but still it is risky atm - 2 weeks ago was the perfect moment to buy a ticket :D


Title: Re: Time to buy the DIP
Post by: pereira4 on June 08, 2016, 04:20:29 PM
OP was right, he made the thread at like 565 dollars and now we are back at 580 and climbing, it was an easy guess tho, the bull cycle has just started and we are going to keep going up, all those corrections are going to be very quick and they are nothing but opportunities to keep stacking all the way up.


Title: Re: Time to buy the DIP
Post by: InvoKing on June 08, 2016, 04:24:37 PM
Buy now or cry later :D

In the future this statement is 100% true imo but in the near future who knows  :)
I think that the price will reach $600 before mid-june so don't worry about buying know  ;)


Title: Re: Time to buy the DIP
Post by: Bokelka on June 14, 2016, 03:25:48 PM
Buy now or cry later :D

In the future this statement is 100% true imo but in the near future who knows  :)
I think that the price will reach $600 before mid-june so don't worry about buying know  ;)

The price has reached $710 in some exchanges. The price is about $670 now. It is in the correction phase now.


Title: Re: Time to buy the DIP
Post by: kwukduck on June 14, 2016, 03:28:10 PM
WARNING: DO NOT INVEST IN OUTDATED TECHNOLOGY LIKE BITCOIN.


Title: Re: Time to buy the DIP
Post by: fearlesscat10 on June 14, 2016, 03:52:14 PM
Buy now or cry later :D

In the future this statement is 100% true imo but in the near future who knows  :)
I think that the price will reach $600 before mid-june so don't worry about buying know  ;)

The price has reached $710 in some exchanges. The price is about $670 now. It is in the correction phase now.

Agreed. Good thing I didn't buy just yet yesterday. I'll see tomorrow if the price looks any lower.


Title: Re: Time to buy the DIP
Post by: Amph on June 14, 2016, 04:10:25 PM
WARNING: DO NOT INVEST IN OUTDATED TECHNOLOGY LIKE BITCOIN.

there is nothing more advanced than bitcoin at the moment, and no altcoin ar enot more advantages, they have only some good features(not all of them), but the base, is the one of bitcoin, the blockchain which is still the top you can get


Title: Re: Time to buy the DIP
Post by: The Sceptical Chymist on June 14, 2016, 04:31:29 PM
I'd definitely buy if I had some spare change just laying around,  but unfortunately I don't.   Not going to sell any of my sig campaign earnings though.  Which makes me think:  if bitcoin went to $10,000 would anyone still be paying 30k sats/post anymore?   Would faucets still be operating?


Title: Re: Time to buy the DIP
Post by: Denker on June 14, 2016, 04:52:39 PM
I'd definitely buy if I had some spare change just laying around,  but unfortunately I don't.   Not going to sell any of my sig campaign earnings though.  Which makes me think:  if bitcoin went to $10,000 would anyone still be paying 30k sats/post anymore?   Would faucets still be operating?


Interesting question.
I think sig campaigns could still be there, but of course the payment will be much much lower.
The same would happen with the payout from faucets.



Title: Re: Time to buy the DIP
Post by: fearlesscat10 on June 14, 2016, 04:55:40 PM
I'd definitely buy if I had some spare change just laying around,  but unfortunately I don't.   Not going to sell any of my sig campaign earnings though.  Which makes me think:  if bitcoin went to $10,000 would anyone still be paying 30k sats/post anymore?   Would faucets still be operating?


Interesting question.
I think sig campaigns could still be there, but of course the payment will be much much lower.
The same would happen with the payout from faucets.



Agreed. A more experienced bitcoiner once mentioned on the forums that a long time ago, faucets gave away entire bitcoins. I think if the price reaches something as high as $10,000 the sig campaigns and faucets would either adjust or go bankrupt.


Title: Re: Time to buy the DIP
Post by: Bokelka on June 16, 2016, 02:15:06 PM
I'd definitely buy if I had some spare change just laying around,  but unfortunately I don't.   Not going to sell any of my sig campaign earnings though.  Which makes me think:  if bitcoin went to $10,000 would anyone still be paying 30k sats/post anymore?   Would faucets still be operating?


Interesting question.
I think sig campaigns could still be there, but of course the payment will be much much lower.
The same would happen with the payout from faucets.



Agreed. A more experienced bitcoiner once mentioned on the forums that a long time ago, faucets gave away entire bitcoins. I think if the price reaches something as high as $10,000 the sig campaigns and faucets would either adjust or go bankrupt.

They will adjust. In fact, they have adjusted many times before. The dollar price is the same, but the bitcoin price has reduced a lot.


Title: Re: Time to buy the DIP
Post by: zend7 on June 16, 2016, 02:25:54 PM
From what I bought in March it would of doubled in price as the price sits right now with it's thirty dollar uptick this morning.
But I spent it when I bought it.  :(


Title: Re: Time to buy the DIP
Post by: Red-Apple on June 16, 2016, 02:58:56 PM
Buy now or cry later :D

In the future this statement is 100% true imo but in the near future who knows  :)
I think that the price will reach $600 before mid-june so don't worry about buying know  ;)

yeah, i love this time in the bitcoin history there is a lot of opposite feelings going on a lot of people (hodlers) are happy because of the huge profit they have earned and a lot of others are crying because they lost the chance to buy and they are crying.

this is one of the example of these desperate people who are also crying about it:
WARNING: DO NOT INVEST IN OUTDATED TECHNOLOGY LIKE BITCOIN.


Title: Re: Time to buy the DIP
Post by: Bokelka on June 20, 2016, 11:26:10 AM
From what I bought in March it would of doubled in price as the price sits right now with it's thirty dollar uptick this morning.
But I spent it when I bought it.  :(

I think it is also good to spend the bitcoin. When you spend, you help the circuliton of the bitcoin and make it useful.


Title: Re: Time to buy the DIP
Post by: romero121 on June 20, 2016, 01:22:08 PM
From what I bought in March it would of doubled in price as the price sits right now with it's thirty dollar uptick this morning.
But I spent it when I bought it.  :(

I think it is also good to spend the bitcoin. When you spend, you help the circuliton of the bitcoin and make it useful.

Exactly active spending always needed for the increased circulation of bitcoin. For this users can spend a little and try to hold on the remaining for the better profit on halving.


Title: Re: Time to buy the DIP
Post by: GermanFoobla on June 20, 2016, 01:52:42 PM
I dont think it is time to buy bitcoins because there are to many people that thinks the price of the bitcoin will only rise again.


Title: Re: Time to buy the DIP
Post by: DomesticTrader on June 20, 2016, 02:18:02 PM
From what I bought in March it would of doubled in price as the price sits right now with it's thirty dollar uptick this morning.
But I spent it when I bought it.  :(

I think it is also good to spend the bitcoin. When you spend, you help the circuliton of the bitcoin and make it useful.
Making an investment in Bitcoin will be now not the  best thing that you can do and that is because the price is already high.
So it wont be smart if you are buying one so that is really important because the value isnt low.


Title: Re: Time to buy the DIP
Post by: Bokelka on June 21, 2016, 10:48:25 AM
From what I bought in March it would of doubled in price as the price sits right now with it's thirty dollar uptick this morning.
But I spent it when I bought it.  :(

I think it is also good to spend the bitcoin. When you spend, you help the circuliton of the bitcoin and make it useful.
Making an investment in Bitcoin will be now not the  best thing that you can do and that is because the price is already high.
So it wont be smart if you are buying one so that is really important because the value isnt low.

It depends on your perception of the future price. If you think the future price will be higher, it is better to buy now.