Yep, this price drop is significant. It signifies that this is a great time to buy more coin, at more than 30% off! I bought at $720, and now the price is upwards of $820, in a matter of days.
Bitcoin is grotesquely undervalued, and since the price to create a Bitcoin currently is around the high 600s or the low 700s, the price can't get any lower.
With the price reaching 1100$ people who were satisfied with price and decided to sell their bitcoin are now able to buy twice as much as they had considering how much it went down significantly in a short amount of time, as for the ones that didn’t take that opportunity have the chance to buy it at a lower prices. I think it is always goo to buy bitcoins but partially if you seen that the price is increase high you can sell just percentage of your bitcoin so that you can not be lose in the near future.. if you are a trader you can do this and apply it your working methods honestly but still depends if what you are holding.. I have decided I am a buyer up to $1,000 at this time. In a few months I can take another look at the BTC market and world economic conditions. |
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picture of reverse please.
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those are great, I wont mess with it since you guys been on it so long. good luck !
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Numismatic value, no Casascius collection is complete without one  |
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I have a feeling the last 2 bids will never come through so im bidding 0.76 in case they fall through so I'll be at the top of the list.
no your going to have to outbid me |
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what i do is not based on times like this, i bought when price was low at $200 then sold a small portion when price had its first rapid rise and then bought back more bitcoin because i had profit.
then waited for another rapid rise and i did the same thing and bought back again.
after doing this a couple of times i now posses lots of bitcoin that i never though i could have.
and this rise was no different, i only sold a small portion on $1100 and i have been buying back at different levels and mostly at the 750-800 dollar range because of it being the bottom.
This is the same strategy I use when buying a particular stock for long term. I may wait on a bad day in the market then accumulate. BTC will become less volatile in the coming years and I am looking forward to that. |
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Story Time! Back in April, wheresmycoin ordered a First Print edition of my softcover. Regrettably, it was lost in the mail. So I did the obvious thing; I sent him a replacement and came to Singapore to sign it myself! World class customer service!He also showed me the coolest physical coin ive ever seen! check it out at https://bitcointalk.org/index.php?topic=1561362.0;all On that note, I have three or four hardcover Autographs Editions remaining! Haha what a guy ! now thats service ! |
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Wasn't the first BTC transaction the 10,000 BTC Pizza?
This was the 1st successful item "bought" for bitcoin in the fiat world. I dunno but Papa john's should start taking BTC for deliveries
LOL totally agree with that!  They do!!! Just go here and try it out: https://pizzaforcoins.com  that is pretty cool just hate seeing all the BTC skimming from middle man. I guess necessity is the mother of invention |
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Ive been trying to find some of those, man you have to be fast here lol
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2.01 in casascius coins, 1.03 in wallets. will be adding .5 to 1.0 a month from now on like a savings account
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My mom told me money doesnt grow on trees but dam seems like you found a casascius tree that keeps spitting these out huh.
I bought a few some time ago those are really nice Hiroaki, I just completed the same set. |
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 Ok, this is seriously the coolest physical bitcoin I've ever held. I've got some more pics if you guys are interested... and a cool story, perhaps best shared by wheresmycoin  well hey there Elias you still in China ? I had no idea that was your coin I found this place a couple weeks ago it was just what i needed. Hope your having fun over seas ! |
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A lot of good replies, as with most investments every one has their own style that fits them. I also agree with most in the next couple of years BTC will most likely be 3 to 4 x where its trading now. Also BTC is the king of crypto currency and we can see as it goes down the others seem to follow. Its still to early to tell in this price range where support and resistance are. It mostly effected by world wide economics so a trading strategy has to include that as the main variable.
Some including me see 100% gain in an investment and start easing out in portions only to reinvest at a later date.
Thanks for the input!
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Thats pretty cool i have never seen one, thanks for the pics !
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In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.
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I dunno but Papa john's should start taking BTC for deliveries
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omg you guys have me laughing
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