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Author Topic: Bitcoin: Should you stay or should you go?  (Read 33449 times)
Hopalong
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July 13, 2015, 10:31:04 AM
 #241

when it's the best time to buy BTC again?

Right before it start to go up.... Cool
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July 13, 2015, 10:49:18 AM
 #242

when it's the best time to buy BTC again?

Right before it start to go up.... Cool

Well, every time seems like it's about to go up. The thing is, to better average your entry price, try buying in different prices. Smiley
Yes, time to buy now of course! Every time is a good time to buy bitcoins (that is, if you don't mind the prices or you are planning to hold for long.)

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July 13, 2015, 11:18:41 AM
 #243

when it's the best time to buy BTC again?

Right before it start to go up.... Cool

i think the best time to buy bitcoin for those who didn't buy enough back when the price was supper low at $220 and missed the chance is now.
because the price just came back down from $310 to ~$280 so it makes a good point to enter if you have been left behind.

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July 13, 2015, 11:22:07 AM
 #244

when it's the best time to buy BTC again?

when litecoin crashed or before the start of the last part of the grexit drama, but don't worry it will not fall under 250-275 range, it look established, so buying now(i would wait a bit more, i think it will drop by other few cents) is pretty safe too

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July 13, 2015, 11:23:08 AM
 #245

when it's the best time to buy BTC again?

Right before it start to go up.... Cool

Well, every time seems like it's about to go up.

The difference of being a shark or a fish is to see when it actually is going up and feeding the hopes of those that think its going to go up no matter the develpment. This forum has a lot of fish...
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July 13, 2015, 11:28:13 AM
 #246

when it's the best time to buy BTC again?

Right before it start to go up.... Cool

i think the best time to buy bitcoin for those who didn't buy enough back when the price was supper low at $220 and missed the chance is now.
because the price just came back down from $310 to ~$280 so it makes a good point to enter if you have been left behind.

I believe it would be best to wait a little more before going into huge buying sprees, the rest of the US will be waking up in a few more hours and there might be some more selling off that could bring the price ever lower. A lot of people do not yet know that Greece is being given another chance.
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July 13, 2015, 12:48:53 PM
 #247

when it's the best time to buy BTC again?

Right before it start to go up.... Cool

i think the best time to buy bitcoin for those who didn't buy enough back when the price was supper low at $220 and missed the chance is now.
because the price just came back down from $310 to ~$280 so it makes a good point to enter if you have been left behind.

I believe it would be best to wait a little more before going into huge buying sprees, the rest of the US will be waking up in a few more hours and there might be some more selling off that could bring the price ever lower. A lot of people do not yet know that Greece is being given another chance.
The best time when you must bought bitcoin is when its price is so low and then you sell it again when its price goes up and now you earn profit from doing that.

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July 14, 2015, 11:43:30 AM
 #248

when it's the best time to buy BTC again?
I think now best time to buy BTC again at rate $292.  Grin

Because Bitcoin price will not down under $285, And I believe Bitcoin price will touch $310 at this weekend.  Cheesy


There is no need to predict short term price. The price will go up long term.
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July 14, 2015, 12:51:15 PM
 #249

For me the best time to buy bitcoins now is .... buy now today! Bitcoin price won't go down much like most of people wants to buy massive bitcoins. Percentage of growing up this past days is higher than going down.

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July 15, 2015, 02:03:18 PM
 #250

Only so many people in the world are going to be able to say they own 1 btc in the future and I will be one of them, if you really believe in bitcoin you should stay here

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July 15, 2015, 02:12:05 PM
 #251

I'm fine with most people not getting it yet. It really is what current speculative profits are based on. Just as with the constant stream of criticisms of the early internet, by those who could not see that the internet would eventually dominate their lives, those who see bitcoin's potential stand to gain the most. 
One can invent all sorts of reasons why bitcoin might not do this or that, but as long as it is the fastest, safest, and cheapest way to move money it is worth trillions. That kind of money is never left on the table. 

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July 15, 2015, 02:38:00 PM
 #252

when it's the best time to buy BTC again?
I think now best time to buy BTC again at rate $292.  Grin

Because Bitcoin price will not down under $285, And I believe Bitcoin price will touch $310 at this weekend.  Cheesy


i think the better approach is to invest in bitcoin for long term and so as a result this level of price would be very good to buy bitcoin at.

because bitcoin price is going up in the near future and these little bumps will be unnoticeable in the long run.

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July 15, 2015, 02:38:37 PM
 #253

I'm fine with most people not getting it yet. It really is what current speculative profits are based on. Just as with the constant stream of criticisms of the early internet, by those who could not see that the internet would eventually dominate their lives, those who see bitcoin's potential stand to gain the most. 
One can invent all sorts of reasons why bitcoin might not do this or that, but as long as it is the fastest, safest, and cheapest way to move money it is worth trillions. That kind of money is never left on the table. 

I think or at least hope many laggards will come to regret not getting involved with bitcoin in the future, but I think it's going to take many years to break into the mainstream. I think bitcoin is comparable to the early days of the internet also, but I don't think it's going to revolutionize the world like it did unfortunately. It will likely have its place in the remittance market and grow in use with online payments but I can't see full world domination sadly as most people just don't seem to care or will have that much of a use for it. Hope I'm wrong though.

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July 15, 2015, 02:59:54 PM
 #254

when it's the best time to buy BTC again?
I think now best time to buy BTC again at rate $292.  Grin

Because Bitcoin price will not down under $285, And I believe Bitcoin price will touch $310 at this weekend.  Cheesy


Yeah. This is the best time to buy bitcoins and get into it on the full fledged. And what I have noticed in past few weeks is that the prices are going higher and there is fluctuations too. Prices were lower when I started in Bitcoins but now I am already in profit and I believe that prices will go much higher in coming weeks.
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July 15, 2015, 07:26:16 PM
 #255

when it's the best time to buy BTC again?

Act now and buy more now. Looking at the current price movement , this season is the best time to buy bitcoins.

Correct. I think this is the best time to buy bitcoins in bulk and hold it for the future. As the prices are relatively low so it would be great for new entrants who wants to invest in bitcoins. Save money from salary and buy bitcoins and keep it safe for the future. It would be surely a profitable investment.
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July 15, 2015, 07:32:47 PM
 #256

i think bitcoin is the future ...cash money will disapere because that is how this word goes ...we must cange this curenci we are in digital world now

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July 15, 2015, 07:42:01 PM
 #257

Bitcoin of some sort is here to stay but in my opinion it will only get to the masses when masses will stop thinking about it. How much do you think about how a card works when you make a payment? You just accept it that it works that's it. So that what I believe we have in store to bitcoin. People are not interested call bitcoin or token or apple pay. They care if it solves a problem or makes their live easier or cheaper. In current form bitcoin does not do these these things to it's best. But I'm a big believer. It will change the way people do business but when they will stop noticing it.
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July 15, 2015, 08:13:40 PM
 #258

Bitcoin of some sort is here to stay but in my opinion it will only get to the masses when masses will stop thinking about it. How much do you think about how a card works when you make a payment? You just accept it that it works that's it. So that what I believe we have in store to bitcoin. People are not interested call bitcoin or token or apple pay. They care if it solves a problem or makes their live easier or cheaper. In current form bitcoin does not do these these things to it's best. But I'm a big believer. It will change the way people do business but when they will stop noticing it.

That's right. But I think that it will be the blockchain that is massively adopted first, by massive institutions. Even banks that first try their own proprietary blockchains will discover that they might just as well use the bitcoin blockchain too, if only for backup data-archiving purposes. In other words, institutions will drive adaptation for their own internal purposes, and only then begin offering bank accounts and debit- and credit-cards that use bitcoins in a way perfectly transparent to the their customers, who, as you say, will not care about the mechanics. They just want to slide their cards or wave their phones. And that preference will be served. I think this will happen even before online gambling moves decisively to the dark web. So legal-market adaptation would drive illegal-market adaptation. (After which online bitcoin gambling will be legalized.)

All of which means that institutional use of the blockchain for tamper-proof data storage may well be the upward driver of the price of bitcoins for the next several years.

Except for bad economic news of course. The Euro may be bitcoin's second killer app after the blockchain itself.

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July 15, 2015, 09:02:47 PM
 #259

Bitcoin of some sort is here to stay but in my opinion it will only get to the masses when masses will stop thinking about it. How much do you think about how a card works when you make a payment? You just accept it that it works that's it. So that what I believe we have in store to bitcoin. People are not interested call bitcoin or token or apple pay. They care if it solves a problem or makes their live easier or cheaper. In current form bitcoin does not do these these things to it's best. But I'm a big believer. It will change the way people do business but when they will stop noticing it.

That's right. But I think that it will be the blockchain that is massively adopted first, by massive institutions. Even banks that first try their own proprietary blockchains will discover that they might just as well use the bitcoin blockchain too, if only for backup data-archiving purposes. In other words, institutions will drive adaptation for their own internal purposes, and only then begin offering bank accounts and debit- and credit-cards that use bitcoins in a way perfectly transparent to the their customers, who, as you say, will not care about the mechanics. They just want to slide their cards or wave their phones. And that preference will be served. I think this will happen even before online gambling moves decisively to the dark web. So legal-market adaptation would drive illegal-market adaptation. (After which online bitcoin gambling will be legalized.)

All of which means that institutional use of the blockchain for tamper-proof data storage may well be the upward driver of the price of bitcoins for the next several years.

Except for bad economic news of course. The Euro may be bitcoin's second killer app after the blockchain itself.




I could not agree with you more.

Before this happens people like you and me who are diehard converted would have to solve a couple problems to get institutions going.

1. SLAs - Blockchain has non. No serious business would adopt the tech without SLAs.
2. Regulators - that have to be convinced that blockchain is as good if not better in settlement compare to the existing highly regulated Central Counterparties.

To you point regarding side chains or managed coins, I'm not convinced. They will play with that but any form of managed blockchain takes away the censorship resilience that bitcoin naturally have. The tech needs to evolve.
ransomer
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July 15, 2015, 09:16:45 PM
 #260

Bitcoin of some sort is here to stay but in my opinion it will only get to the masses when masses will stop thinking about it. How much do you think about how a card works when you make a payment? You just accept it that it works that's it. So that what I believe we have in store to bitcoin. People are not interested call bitcoin or token or apple pay. They care if it solves a problem or makes their live easier or cheaper. In current form bitcoin does not do these these things to it's best. But I'm a big believer. It will change the way people do business but when they will stop noticing it.

That's right. But I think that it will be the blockchain that is massively adopted first, by massive institutions. Even banks that first try their own proprietary blockchains will discover that they might just as well use the bitcoin blockchain too, if only for backup data-archiving purposes. In other words, institutions will drive adaptation for their own internal purposes, and only then begin offering bank accounts and debit- and credit-cards that use bitcoins in a way perfectly transparent to the their customers, who, as you say, will not care about the mechanics. They just want to slide their cards or wave their phones. And that preference will be served. I think this will happen even before online gambling moves decisively to the dark web. So legal-market adaptation would drive illegal-market adaptation. (After which online bitcoin gambling will be legalized.)

All of which means that institutional use of the blockchain for tamper-proof data storage may well be the upward driver of the price of bitcoins for the next several years.

Except for bad economic news of course. The Euro may be bitcoin's second killer app after the blockchain itself.




I could not agree with you more.

Before this happens people like you and me who are diehard converted would have to solve a couple problems to get institutions going.

1. SLAs - Blockchain has non. No serious business would adopt the tech without SLAs.
2. Regulators - that have to be convinced that blockchain is as good if not better in settlement compare to the existing highly regulated Central Counterparties.

To you point regarding side chains or managed coins, I'm not convinced. They will play with that but any form of managed blockchain takes away the censorship resilience that bitcoin naturally have. The tech needs to evolve.

You couldn't agree more, but...

You seem to say that firms will establish their own blockchains, and use them internally...

How does using an internal blockchain lead to: "All of which means that institutional use of the blockchain for tamper-proof data storage may well be the upward driver of the price of bitcoins for the next several years."
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