If Bitcoin went to $500 I would probably buy two coins ASAP,
because I'm sure the price would go back up to $600 or $700 within a year.
I think its more likely to continue to go up, slowly, to $700 by the start of 2017.
Then, make sure you have some spare fiat to get in, as there will be definitely some bumps on the road.
A first deeper pull back may be a good entry opportunity.
And did you manage to catch some sub $500 Bitcoins? The opportunity came quicker than you might have expected, I bet.
The volume below $500 was quite low. So not many people have got cheap bitcoins. Even $550 is cheap.
I think so. I have taken the advantage of the recent price drop and have bought some bitcoin recently.
Every spike is an opportunity in this market. It's not much of a dip now, the price is recovering slowly. I'm really hoping there'd still be a bull market for most of August, it's time we feel further the effects of the halving.