I bought a handful at $222 when it crashed and was on the rebound. Tried for $210 but the price skyrocketed back up before I could do it!  |
|
|
|
This is why everyone should be buying and holding and waiting for the future...
Some of us are & have been doing for a while now buddy  That's been my plan since I got into bitcoin, buy & HODL, cross my fingers that one day bitcoin goes to the moon & I'm sitting on a gold mine. It'll be either that or I've wasted a lot of money on a load of crap  You and me both. I've yet to place a sell order. Worse comes to worst we just don't make much... |
|
|
|
|
I believe we could see as low as 200 in the near future due to the XT issue but it will be short lived. I'd be VERY surprised if went down anywhere near 200 honestly.
|
|
|
|
|
This is why everyone should be buying and holding and waiting for the future...
|
|
|
|
Feb. 9, 2020.
As long as we are all clear that there is no real answer, I'll submit this date; freshly pulled from thin air.
It would be pretty f$^#'in sick if you were right though. |
|
|
|
Hasn't Bitcoin been slowly increasing in value recently?
Based on what I've seen, it was steady at ~$250 dollars until recently, and it's grown $7-10 in that time.
I could be wrong and there was a spike I missed, but I do firmly believe that Bitcoin will increase in value again to >$300.
However don't use this as financial advice.
I don’t think it has slowly increased in a long time. It quickly spiked a few weeks back while the greek debt talks were going on, it went from ~$250->~$310 in a short time, but of course there was a "deal" made and the news died off. Then price fairly quickly came back down to this level, resuming what looks like a continuation of the now 1.5year+ bear market. How is it a 1.5 year bear market when the price has steadily increased since January 2015? Smh. |
|
|
|
truth is somewhere in the middle...
definitely. I agree that the thin volume moving the price is worrisome, BUT I dont think that "scammers" are holding the price up. Also, he is making a good observation regarding the low volume moving the price, so why the personal attacks? Seems like any time someone makes a bearish observation thats the first thing people do. Are all the holders just mad they missed out on huge profits by not selling at 1k? Thats what it seems like! Maybe i shouldn't call them scammers, and they are serious investors or even just regular big users, could be... But there is still a lot of extreme promising going on, which is just scamming to me, those people are making bitcoin into a ponzi. I don't know what's with the personal attacks, pretty standard these days when you say something that doesn't promise the moon for bitcoin. @paashaas No anger here, i did what i had to do back then. Now i'm just trying to stay realistic and observe the market and movements in the ecosystem. Sounds like jealousy and sour grapes... |
|
|
|
i don't think we are going to see any major change in the bitcoin market until the end of this year unless some huge news comes out of nowhere to change everything.
so i guess the price would be around the same level ($300-350) by the end of 2015
Unless some huge news comes out of nowhere? How about a hard fork that will ravage the entire bitcoin economy and community? My bet that we will drop below $100 within 2015 is still open, no takers yet. I wonder why... Aren't you that guy who sold all of his bitcoins for 10 USD? |
|
|
|
In case you've not been paying attention.. the price has big problems remaining at this level tending to slip down again into panic selling down to the near 200 range.
We won't get anywhere near 600.
Aren't you the chump who sold his bitcoins at 10 bucks a pop? |
|
|
|
Been holding for 3 years without selling a single Bitcoin and never had any doubts, all holding is easy work.
This. I've been doing the same since January/February 2014 and am glad that I never cracked and sold ANY, even during the hysteria phase in January 2015. |
|
|
|
|
I would be purchasing as many BTC as you can right now...this is a great time to buy and the more BTC you have the better your chances are at becoming a BTC millionaire by 2020.
|
|
|
|
|
True, you need 100 BTC at 10K a piece to equal a million, but obviously OP has wealth outside of BTC...if not, that would be insane.
|
|
|
|
|
It was a joke guys. Making fun of farting shot. Him and kwukduck crack me up. I only borrow money to buy houses, that's it, no exceptions.
But if people really are taking loans to buy bitcoin.....talk about gutsy!
|
|
|
|
|
They have good low interest loans actually. I just took out a $25,000 loan at only 3% interest to buy bitcoins...
|
|
|
|
|
Top was wrong. It was 316. Besides, his numbers are ridiculous! 213 for a low? Come on. Why such a specific number? No explanation = bullshit.
|
|
|
|
|
If you're in it for the long run which you should be this is nothing. Keep buying at regular intervals.
|
|
|
|
In the first few years of bitcoin it was only used by uber nerds and crypto anarchists. Then came the web dark drug market. And when you think about it, Bitcon has only been in the realm of "normal" people since it's climb in 2013.
Since then it has attracted numerous investors, corporations and professionals that are not uber nerds, anarchists or online drug-lords. The inflation rate was/is too high to stabilize any sort of consistent growth. Still there is enough interest to absorb the 3,600 new coins per day without causing a major crash. This is how we know bitcoin has already succeeded. There wasn't enough interest to support 3,600 coins per day at $700+ per coin, but we have seem to found an equilibrium around the current price or $800K-$900K per day. If bitcoin were a flop we would have already seen the price back down to the single or low double digits. The "normal" buyers are here and have been here since 2013 and they don't appear to be going anywhere.
So go ahead buy another coin and tuck it away for safe-keeping, because bitcoin is already a success. When the next wave, mainstream, comes along the inflation rate will be lower and the demand will be greater.
Success is relative. If Bitcoin stays at the size it is now for another few years, it will have essentially failed. It is only a matter of time until we enter a cashless society, and an internet currency seems very very likely. I would guess that if bitcoin doesn't really catch on the another system will have instead. If that is the case, Bitcoin won't be looked on as a success. It's a tipping point now, it could go either way imo. This makes no sense. What price does bitcoin have to be at to be a success and not a failure? In 1 year? 2? 5? Now? How many merchants have to be accepting it now? In 1 year? 5? 10? Etc? |
|
|
|
Pressure is already leaning downwards. I think it's very pikely we fall all the way back to 220 from before this dead cat bounce.
Thte time to sell and take your profit is now.
If I had listened to this beartard back in January I would have had a 50% realized loss. Smh. |
|
|
|
Everybody wants to buy whole bitcoins, nobody wants to buy 0.5 bitcoin. Only the big investors can afford to buy whole bitcoins above the 200-300 dollar level but they are smart enough to realise that such an investment would be too risky because of the danger of a 51 attack. Therefore I believe the price of bitcoin will not exceed the 200-300 dollar level You, sir, are a fucktard. |
|
|
|
I think he got burned, this is what i can tell based from his past posts: Grats  I picked up 0.6 at 330  didn't have more fiat available atm. Still putting every free euro i can turn into bitcoin right now. It's a golden opportunity i think.
OP is a legendary member. He has been in bitcoin for nearly 3 years. He should be the knowledgeable enough to know this is the time to buy, before the halving and with the recent uncertainty. He didn't get burnt. He is trolling, wants to buy cheap coins. Wow...never knew kwukduck used to be a bull....always sad to see a bull-to-bear conversion. |
|
|
|
|
Show Posts
