The BTC price is very low and many people are negative about it I think. I think because the price is quite low now you have to invest, so that later you probably have more money.
But most people have the patience not to.
When most people are negative about the bitcoin, then it is good time to buy. Winners are always few. |
|
|
|
If you have a profitable mining setup keep the majority and just sell what you need to
I think it is a good idea to keep most of the coins. Just sell some to cover the cost and not to lose all. |
|
|
|
How safe is it?
Out of curiosity, I checked the price of BTC on the day of writing this post - October 9, 2015 = $244Investing in Bitcoin is still not safe, but let this difference will answer for itself..  $376- $244 = $132The price has risen over 50% in the last 6 months. I think the bitcoin price performance is quite good. |
|
|
|
Really? Last halving had no impact?
I don't know when it was, I've got to admit I don't follow bitcoin trends since long...
Well it would be cool if there was no impact. I'm mostly afraid about the massive dumping of all people saying they bought btc for the next halving sell.
When should we expect the next halving? We still got plenty of time no?
Last halving was Nov 2012. In June 2012, BTC broke up above $5, and peaked out in August 2012, at $16, crashed back down to $7, and by the time of the actual halving, BTC was trading at $10. Big ramp up to $266, and then up to $1200 followed on the back of that, but this had nothing to do with rampers, a little to do with China entering Bitcoin, but mostly to do with fraudulent bot trading. Everytime Bitcoin wanted to have a healthy correction, Willy bot on Gox (and during April 2013 bubble Gox was 90% of BTC market) kept buying and buying, no matter what, and his chum Markus bot done the same, but less frequently, and in bigger amounts. So last time around, Halving pump occurred around 3 months before actual halving event. Maybe we see the same thing this time around...in which case BTC better hurry the fuck up and put in the bottom the market screaming to put in so that BTC can get on with it, or...maybe, just maybe, $500 was the halving pump, 7 months early instead of just 3 months early? The halving pump will start from $400 and go up to $1000, then it will drop to around $600. The pump has not started yet. |
|
|
|
Buying just 1 bitcoin won't make you rich or poor, so you can go ahead and get it. You never know if it won't get to 10.000$.
If the bitcoin community can reach consensus on many fronts and the bitcoin is developed continuously, the price will not go to zero. |
|
|
|
The price is now very low indeed. That I admit honestly. But we can also see it as an advantage.
I think if it's a low price is that it can later be worth much more.
Nope. The price is just normal at this point. If you just focus on the long term target, then yes, the price right now is low. Long term minded people should buy now if they haven't already. Its always a good time to buy bitcoins for long-term mined people and now might be the best time to buy. You mean before the overpriced halving? Not sure buddy not sure. I'd say it's the worst time ever, I'm really frightened by the halving coming. Massive dump in my opinion. You want to buy? Wait for the halving and buy just after! I am not sure the halving will give us the big price increase. Last time nothing happened. So like always don't just buy bitcoins for the halving. You may end up losing your money. Really? Last halving had no impact? I don't know when it was, I've got to admit I don't follow bitcoin trends since long... Well it would be cool if there was no impact. I'm mostly afraid about the massive dumping of all people saying they bought btc for the next halving sell. When should we expect the next halving? We still got plenty of time no? The last having had big effect on the bitcoin price. Together with the financial crisis, the price went to $266. |
|
|
|
Highly depends on the cost of your operation and the price per bitcoin. If you are already mining for a loss, better cut losses and sell some. But if you think this is doing you more good than harm, keep most, sell some that you think you will not be needing in your stash anymore.
Do you mean sell the miner. Yes, if the electricity cost is too high, it is better not to mine. Just buy some bitcoin. |
|
|
|
How safe is it?
If you are looking for a safe heaven to invest, perhaps buying one bitcoins is not the safest investment because there is a great uncertainty about the future of this currency in the long run, but according to the most usual predictions I think it might be worth to take the risk. Buying 1 bitcoin is a good idea. It is not a large amount for some people. If you lose it, it will not make a difference. If it becomes $1m, it make a big difference. |
|
|
|
If I were you, I will keep it and save. It would be a shame if you are going to spend the same.
Because it consumes a lot of time mining. And perhaps wait for a good price.
At least save some for the long term. If you have to spend all to cover the cost, then it is better not to mine as it is not profitable. |
|
|
|
1 Bitcoin for 15 years or more i think it's good the price would be so high, just stored 1 bitcoin and create paper wallet then keep it safe, that's what iam doing
yeah certainly not a problem of storing 1 BTC only, for the future. it is for savings maybe in 15 years, bitcoin prices could rise to touch $ 2,000 i think $2000 it's very high price but anything can happen i hope the price stable at $1000 it's enough for me if i can hold 100 BTC2k is recheable after the next halving, and after the next bubble, it may be possible as a new bottom also, but it's hard for this year yeah agree maybe in next halving in 2020 the price of bitcoin. can rising up to $2000. it may happen as every year the bitcoin market demand continues to rise The effect of halving will double the price, but the usefulness of bitcoin can make the price even higher. So in 2020, the price will be at least $10,000. |
|
|
|
1 Bitcoin for 15 years or more i think it's good the price would be so high, just stored 1 bitcoin and create paper wallet then keep it safe, that's what iam doing
yeah certainly not a problem of storing 1 BTC only, for the future. it is for savings maybe in 15 years, bitcoin prices could rise to touch $ 2,000 It does not need 15 years for the price to reach $200. It will take a year or two from now on. Bitcoin is known to some people now. |
|
|
|
I been into mining before and it's now an impossible field for individuals and not companies or heavy miners with farms etc... that's about bitcoin, mining altcoins is a gamble in a way since many of them never start to succeed or gain popularity.
I think I will mine some altcoin and then sell them for bitcoin. That is similar to mining bitcoin. It is less risky as I already have graphics cards. |
|
|
|
I think its better that you save them for later.
Because the bitcoin is the future so you can gain a lot of profit.
I think the price of the bitcoin will rise also, so you should save it.
I think it is better to save some and use some to buy things. The coin you use to buy is similar to selling, but it increase the circulation. |
|
|
|
Safe? I am not sure about it but I think BTC can't be categorized as a safe investment regardless of the amount because of it's volatility, It usually recover but no way to guarantee it would have the same previous value after sometime.
It can be used as a method to accept payment. But it cannot be used to mark a price of a merchandise. It is too volatile. |
|
|
|
I recently found this site: https://cldmine.comThey offer 1500 Doge to lure you to start mining. Does anyone have experience with these guys? please leave your comments. cloud mining = ponzi scam so yes its a another scam site, better users stay away from such site there is nothing like real cloudmining exists When the difficulty rises fast, it is very profitable for the cloud mining business to make money. They can use the payment from customer to pay customers. |
|
|
|
10k $ for btc? What do you think is that possible i don't understand  speculation about the future value of bitcoin, 10 is possible for sur ein the future, hell even in the upcoming months is possible but only as a bubble somethign like the 1200 ath bubble may happen again and lead us the 10k value per coin yeah speculate about bitcoin prices in the future it is okay, but I think 10k usd percoin, it is very high, and I can not imagine the state of the American or bitcoin, when it occurs Exactly, $10k is too high to expect, I don't believe it would reach that higher in future, $1k or $2k is highly possible, and even if it reaches around $2k then its a good value to reach, and many of us would sell bitcoins and earn profits out of it as majority of us would have bought when the price was around $250. 1200 was very high to expect in 2011 and 2012, this is exactly the same thign all over again, the minimum before was $10 now it is $350, 35 time higher, so we can speculate for somethign that is only 10 time higher the last ath In 2013, the ATH is about 5 times of the previous ATH. If it happens in 2016, the price could be $2000. |
|
|
|
Just to be sure. You offered the starting price of 0.175 BTC ? I'll call an escrow from this list after auction ended. If no-one's offering, I'll start off at 0.175. I feel that your starting price is waay to low.
I can buy it now for 0.025 if you go first.
I think he means 0.0175. That is because his buy it now price is 0.025, which is lower than 0.175. That is just a typo. |
|
|
|
|
Name: Kalder
Post count: 30
Rank: Jr. member
Bitcoin address: 1QA11ueD2mxNxoiGVtsx5ewB354RWQGp1L
I would like to join.
|
|
|
|
i don't think mining is even a profitable activity anyway i think yes selling the mined coins is a good option you have and it is also suggested by many users too but in my opinion it is good because you can decide how much profit you want when you hold coins for long time but don't think above limits
Mining is for the places with cheap electricity price. If I mine, I will sell the coin to cover my cost and save the rest. |
|
|
|
|
Show Posts
