Alright , Time to Dump or Time to Buy ?

[randy8777]

i'm buying, these are super cheap coins, imho

i wouldn't say super cheap, but it definitely is very tempting to buy up some more coins. i don't think it will go much lower than current level. we've had enough drama.

[1714783927]

1714783927

[1714783927]

1714783927

[eyeknock]

But what if this panic selling is getting us away from mainstream ?
I mean if people are in PANIC right now , they most likely would sell all their coins then walk away from the bitcoin community which makes it harder to go to mainstream with less people  logically , no ?

yep that make sense too, but IMHO people should not care about it, i just care about if the price is so low and if i have enought fiat money that i can spend on buy more bitcoins

You know what is funny?
If I try to convince my friends to buy now the say:"But it's falling."
Even if you explained it to them 1000 times how markets work and they understood it in theory, to act like that in real is not easy for human psyche. A few weeks later when price increased they will call me and say:" If I only had..."

haha exactly, i know how you feeling, those guys are the same who will repent soon or later and you know it

[manselr]

Any long termer is happy to see coins this cheap nowadays. IF you've even here since the 700 USD days you will be happy to get cheap coins. In a year or two we will hit ourselves against the table by not buying this low.

[techgeek]

If you cant afford the risk, then its time to sell lol.

Other then that we should all still be holding despite what the chart tells us. Stand strong! Unless you feel like the recovery process will take way longer.

[BTCevo]

i'm buying, these are super cheap coins, imho

i wouldn't say super cheap, but it definitely is very tempting to buy up some more coins. i don't think it will go much lower than current level. we've had enough drama.

But compare to before it is cheaper and you should buy it at least 1 btc, you can sell it if the trend is going down again. Nothing to lose here if I would say

If you cant afford the risk, then its time to sell lol.

Other then that we should all still be holding despite what the chart tells us. Stand strong! Unless you feel like the recovery process will take way longer.

But selling now is too late too better wait the price rise again and try to sell it or may be sell it below your buying price. It is better than losing too much here. Like I said here you will not lose anything if you buy it or sell it. Both give use benefits

[techgeek]

i'm buying, these are super cheap coins, imho

i wouldn't say super cheap, but it definitely is very tempting to buy up some more coins. i don't think it will go much lower than current level. we've had enough drama.

But compare to before it is cheaper and you should buy it at least 1 btc, you can sell it if the trend is going down again. Nothing to lose here if I would say

If you cant afford the risk, then its time to sell lol.

Other then that we should all still be holding despite what the chart tells us. Stand strong! Unless you feel like the recovery process will take way longer.

But selling now is too late too better wait the price rise again and try to sell it or may be sell it below your buying price. It is better than losing too much here. Like I said here you will not lose anything if you buy it or sell it. Both give use benefits

Which goes back to my statement, on if you can afford the risk of holding that means it doesnt apply.

Its the ones who cant afford a $200 risk that they bought at or more depending on the # of coins that were bought. Anyone earns it for free or bought cheap coins you get the idea.

[aakashsangwan]

If Bitcoin XT grows in network power and adapted by majority then it's time to sell all I have.
But if XT remains a soft fork and is rejected by the network then it is the time for me to buy more and more Bitcoins.

[Slark]

If Bitcoin XT grows in network power and adapted by majority then it's time to sell all I have.
But if XT remains a soft fork and is rejected by the network then it is the time for me to buy more and more Bitcoins.

Some changes XT brings to the table are fine (mainly block size increase, it meant to happen, better sooner that later).
Other changes are ridiculous and god know what else devs hide in the code, as we are bombarded by new code revelations daily.
I am sure that XT in current state are not gonna win this war. So I assume we are safe for now and can buy, buy, buy.

[jeffthebaker]

The price is insanely low due to the recent "flash crash". Even though the price rebounded within minutes (which is a very, very good sign), it appears that some of the weaker investors still have decided to cash out. Since the price drop is due to a misconception about the market manipulation, it is clear to me that the price will rebounded in the coming days. Certainly buy now if you can.

[kingscrown]

200 will be covered for now imo.

[MinerHQ]

The price is insanely low due to the recent "flash crash". Even though the price rebounded within minutes (which is a very, very good sign), it appears that some of the weaker investors still have decided to cash out. Since the price drop is due to a misconception about the market manipulation, it is clear to me that the price will rebounded in the coming days. Certainly buy now if you can.

This price may go down further so do not just buy all at one time. Start accumulate in small quantities.

[c789]

The global markets are experiencing trouble.
The US Fed has all but said they will raise interest rates in September.

The first sentence alone means, historically and logically, that the price of BTC should go up. Historically, when a large market or even the global market goes down, the price of BTC goes up. It's the logical part that has been the thorn in the side of investors since just about forever. Markets often don't behave like we think they should.

But throw in the second sentence on top of the first sentence. If the US interest rate is increased, that will more than likely cause more US and global economic problems (at least short-term), making BTC look more favorable.

I think the opportunity is ripe for a modest to large BTC price increase. Maybe in the next few weeks, maybe in September when the US rate goes up.

Just my 0.02.

[ralle14]

its a goodtime to buy some if u want then wait for prices to go up once again
you got nothing to lose though
if you are planning to sell now is not the right time

[trollercoaster]

Plenty of uncertainty surrounding bitcoin, I would say the price is more likely to plummet due to that alone, I'm not holding any right now.

[deisik]

The global markets are experiencing trouble.
The US Fed has all but said they will raise interest rates in September.

The first sentence alone means, historically and logically, that the price of BTC should go up. Historically, when a large market or even the global market goes down, the price of BTC goes up. It's the logical part that has been the thorn in the side of investors since just about forever. Markets often don't behave like we think they should.

But throw in the second sentence on top of the first sentence. If the US interest rate is increased, that will more than likely cause more US and global economic problems (at least short-term), making BTC look more favorable.

I think the opportunity is ripe for a modest to large BTC price increase. Maybe in the next few weeks, maybe in September when the US rate goes up.

Just my 0.02.

They are hardly going to raise interest rates in September. Or in October. Or in November. Or in any other subsequent month. If they, nevertheless, do so, that would farther hurt the weak economy of the US (the real sector first of all)...

[BTCevo]

i'm buying, these are super cheap coins, imho

i wouldn't say super cheap, but it definitely is very tempting to buy up some more coins. i don't think it will go much lower than current level. we've had enough drama.

But compare to before it is cheaper and you should buy it at least 1 btc, you can sell it if the trend is going down again. Nothing to lose here if I would say

If you cant afford the risk, then its time to sell lol.

Other then that we should all still be holding despite what the chart tells us. Stand strong! Unless you feel like the recovery process will take way longer.

But selling now is too late too better wait the price rise again and try to sell it or may be sell it below your buying price. It is better than losing too much here. Like I said here you will not lose anything if you buy it or sell it. Both give use benefits

Which goes back to my statement, on if you can afford the risk of holding that means it doesnt apply.

Its the ones who cant afford a $200 risk that they bought at or more depending on the # of coins that were bought. Anyone earns it for free or bought cheap coins you get the idea.

I dont think you should buy directly 1btc. You can buy around 0.01 too if you can't afford to get 1 btc. I guess everyone can save their money and start on buying a little bit here. But the profit will be lower too if they buy 0.01, rather than get nothing right?

[randy8777]

If Bitcoin XT grows in network power and adapted by majority then it's time to sell all I have.
But if XT remains a soft fork and is rejected by the network then it is the time for me to buy more and more Bitcoins.

the amount of xt nodes is rising every day. i think we'll stay at least a few more weeks or maybe more than a month in current price drama. only time will tell what's going to happen.

[OmegaStarScream]

If Bitcoin XT grows in network power and adapted by majority then it's time to sell all I have.
But if XT remains a soft fork and is rejected by the network then it is the time for me to buy more and more Bitcoins.

the amount of xt nodes is rising every day. i think we'll stay at least a few more weeks or maybe more than a month in current price drama. only time will tell what's going to happen.

Nodes dosen't seem to matter as far as I know and I saw last time a topic speaking about BitcoinXT using Azure , DigitalOcean and those hosting companies that offer free trials .
the most important is Hashing power and we are now at 3 mined blocks (third mined today)

[Kprawn]

I saved up some fiat for just this kind of thing for a couple of months now. I saw what happened a while ago, and I also bought when it went down... the profit I took from that decision was good enough to do it again.

To be honest, things in the Bitcoin world was a bit boring these last couple of months.... and I silently hoped for this to happen before the halving, to enable me to make some more profits from some cheap panic coins.

It's a slow process to come up from the low $200 range... but if you are patient, you will make some decent profit from this volatility. 

XT in my opinion would die of quickly, once people see through all the bullshit posted in the media and on the forums. I feel the force in this one.....  .... Wladimir and his team has not played all their cards ....yet. 

 

[aakashsangwan]

If Bitcoin XT grows in network power and adapted by majority then it's time to sell all I have.
But if XT remains a soft fork and is rejected by the network then it is the time for me to buy more and more Bitcoins.

the amount of xt nodes is rising every day. i think we'll stay at least a few more weeks or maybe more than a month in current price drama. only time will tell what's going to happen.

Nodes dosen't seem to matter as far as I know and I saw last time a topic speaking about BitcoinXT using Azure , DigitalOcean and those hosting companies that offer free trials .
the most important is Hashing power and we are now at 3 mined blocks (third mined today)

How much time it take to mine a block on bitcoin XT.
Because 3 blocks is really very low for that much time.
And what about the difficulty on bitcoin XT, I believe it will be very low because of low hashing power.