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Author Topic: Alright , Time to Dump or Time to Buy ?  (Read 5678 times)
Barnabe
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August 19, 2015, 12:31:44 PM
 #21

I don't know if this is a good place to have a unbiased opinion.
This forum is full of bitcoin enthusiasts so they will be more prone to be buyers.



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August 19, 2015, 02:26:53 PM
 #22

I don't know if this is a good place to have a unbiased opinion.
This forum is full of bitcoin enthusiasts so they will be more prone to be buyers.

that is very true, but first you need to do a little self analysis and understand what you truly desire from bitcoin. If you are looking for a little profit, I think you should have bought btc when it had a major dump yesterday, its going up again now. If you are looking for long term profit, buy it soon and don't really cash it out. I believe that in future, you wouldn't feel the need to cash it out, you will be buying things with the same btc, only you will receive much more value than you do now.
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August 19, 2015, 02:55:25 PM
 #23

I don't know if this is a good place to have a unbiased opinion.
This forum is full of bitcoin enthusiasts so they will be more prone to be buyers.

that is very true, but first you need to do a little self analysis and understand what you truly desire from bitcoin. If you are looking for a little profit, I think you should have bought btc when it had a major dump yesterday, its going up again now. If you are looking for long term profit, buy it soon and don't really cash it out. I believe that in future, you wouldn't feel the need to cash it out, you will be buying things with the same btc, only you will receive much more value than you do now.


I know that , as I said my BTC are from profit only and I have nothing to lose however I would feel bad if I didn't spend it and Bitcoin literally crashed and never went UP once again if you know what I mean and yes I'am holding for long term however I can't see see that "sort of" confirm that Bitcoin will survive years later because looking at the price and the panic right now , it looks like it's dying instead of going mainstream .

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August 19, 2015, 03:04:01 PM
 #24

I don't know if this is a good place to have a unbiased opinion.
This forum is full of bitcoin enthusiasts so they will be more prone to be buyers.

We've also been through multiple panics and crashes... "this time it's different..." Well it never is.

Historically you buy crashes. I'm buying at this price. Also bought some futures contracts.
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August 19, 2015, 03:14:14 PM
 #25

may be its time to buy when the price is lower, and colleceted BTC more and more,
and dump in past time appropiate..

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August 19, 2015, 06:20:14 PM
 #26

may be its time to buy when the price is lower, and colleceted BTC more and more,
and dump in past time appropiate..
The problem is that when we look retrospectively it's easy to say "I should have ..."



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August 19, 2015, 07:00:02 PM
 #27

may be its time to buy when the price is lower, and colleceted BTC more and more,
and dump in past time appropiate..
The problem is that when we look retrospectively it's easy to say "I should have ..."


yes hindsight is always 20/20, but one rule of thumb I've learned is that the faster the crash, the more likely we will have a rebound on the way.

With that said, seeing the price drop so fast yesterday was a really good buy indicator.  Thats about the ONLY thing I've learned about btc price, the best time to buy is a "flash crash" of 10%+
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August 19, 2015, 07:10:41 PM
 #28

Buy.  We'll rise up moving forward, looks like XT flopped...
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August 19, 2015, 07:26:13 PM
 #29

For me , I sold what I all had in bitcoin . it was not a big amount but exchanging to my country's currency the loss was high in the last week
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August 19, 2015, 07:28:59 PM
 #30

Bitcoin is currently down to 230$ so i think this is the right time to buy it,and then sell it at 280 or 300$
i have a good feeling that it might jump
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August 19, 2015, 07:46:54 PM
 #31

Bitcoin is currently down to 230$ so i think this is the right time to buy it,and then sell it at 280 or 300$
i have a good feeling that it might jump

been hearing that for over a year and a half...still dropping, adn this may be the scariest drop yet becasue its not just some news, its people at the core of btc who cannot come to agreement.  If you shake the foundation, this thing may come down hard.  I'm sitting out for now, everyone "feeling" that price is going to rise isn't doing much
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August 19, 2015, 07:54:15 PM
 #32

I think it is right time to buy as price is its bottom almost on long term investment basis and will rise up again sooner and this time may be we see stability for some period even over 300$.This is time to buy not to sell.
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August 19, 2015, 08:02:57 PM
 #33

may be its time to buy when the price is lower, and colleceted BTC more and more,
and dump in past time appropiate..
The problem is that when we look retrospectively it's easy to say "I should have ..."


yes hindsight is always 20/20, but one rule of thumb I've learned is that the faster the crash, the more likely we will have a rebound on the way.

With that said, seeing the price drop so fast yesterday was a really good buy indicator.  Thats about the ONLY thing I've learned about btc price, the best time to buy is a "flash crash" of 10%+
I do agree with you.The rapid drop in price brings more investors and people in Bitcoin each time.This is one kind of distribution and still price can drop till 200+ but this is not to worry.In fact this is an opportunity for those who seek some entry point.There is no doubt isn't time to dump.
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August 19, 2015, 10:09:44 PM
 #34

So, let me get this straight, it will be either:
a) bitcoin forks, new coins are bitcoin XT but are still traded as bitcoin
b) bitcoin forks, new XT coins are traded as a new coin.

??
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August 19, 2015, 10:19:07 PM
 #35

So, let me get this straight, it will be either:
a) bitcoin forks, new coins are bitcoin XT but are still traded as bitcoin
b) bitcoin forks, new XT coins are traded as a new coin.

??

Huh?  What's the deciding factor to a & b?

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August 19, 2015, 10:53:52 PM
 #36

I'm asking whether Bitcoin XT will be traded as a new coin or not. It's a huge factor.

so.

a) No

b) Yes

?
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August 20, 2015, 07:56:22 AM
 #37

I'm asking whether Bitcoin XT will be traded as a new coin or not. It's a huge factor.

so.

a) No

b) Yes

?

No, man, the only difference would be that people with XT will experience faster speeds and it would not be a new coin, that would destroy the authenticity of bitcoin and if such a day comes when bitcoin XT becomes a separate coin and not a part of bitcoin core anymore, I will shut down all my crypto businesses, cash out whatever I get and leave this digital world behind and retire, I am too old for this shit
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August 20, 2015, 08:35:38 AM
 #38

I'm asking whether Bitcoin XT will be traded as a new coin or not. It's a huge factor.

so.

a) No

b) Yes

?

No, man, the only difference would be that people with XT will experience faster speeds and it would not be a new coin, that would destroy the authenticity of bitcoin and if such a day comes when bitcoin XT becomes a separate coin and not a part of bitcoin core anymore, I will shut down all my crypto businesses, cash out whatever I get and leave this digital world behind and retire, I am too old for this shit

I suppose this won't happen. Bitcoin developers may say (and do) whatever they want, but once the Bitcoin owners understand that it is not them who has the last word, things will settle down. The recent commotion reminds me of what happened in Linux when some lead developers wanted to fork the kernel...

They can create a new coin but can't change the existing one without consensus (true decentralization)

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August 20, 2015, 09:44:20 AM
 #39

Bitcoin is currently down to 230$ so i think this is the right time to buy it,and then sell it at 280 or 300$
i have a good feeling that it might jump

been hearing that for over a year and a half...still dropping, adn this may be the scariest drop yet becasue its not just some news, its people at the core of btc who cannot come to agreement.  If you shake the foundation, this thing may come down hard.  I'm sitting out for now, everyone "feeling" that price is going to rise isn't doing much

Dropping $50 just in past few days doesnt scary enough. And soon this price will going up again, we just need to be patient, although it is just some speculation but most of people believe of rise of bitcoin. And from this time I will stack my bitcoin and wait until that time to dump so it is possible for me to earn more on both sides
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August 20, 2015, 10:29:29 AM
 #40

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

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