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Author Topic: Low BTC price is good for Bitcoins at the moment.  (Read 7644 times)
iqlimasyadiqa
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August 23, 2015, 02:32:57 PM
 #21

i think people are  attracted to buy bitcoin when the price is big ...not when she goes down
yes, it should be like that sir. when the coin is getting better then the interest of people who do not have even doubled. I think the decline bitcoin even create new user difficult to enter here

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HarHarHar9965
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August 23, 2015, 04:14:18 PM
 #22

i think people are  attracted to buy bitcoin when the price is big ...not when she goes down
yes, it should be like that sir. when the coin is getting better then the interest of people who do not have even doubled. I think the decline bitcoin even create new user difficult to enter here

yes, bitcoin does experience a very sensitive market, mainly because big whales have their influence on dumps and crashes, and such crashes scare investors thinking they would rather get their money back with a little depreciation rather than losing it all, and people lose a lot of money this way, people often lack patience. I've been blessed enough to keep my faith in my investments and believe I'm doing well right now Smiley
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August 23, 2015, 09:04:26 PM
 #23

I like the bitcoin and Dogecoins low price because I can buy more.
Those who rush will lose those waiting will win.
I wait to bitcoin reach 1000 $.
No matter how much I will wait.

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August 23, 2015, 10:17:13 PM
 #24

lower price may get the interest of certain people who are waiting, but most people wait too long. they always buy when the price is going up as they see it as a good sign. these people don't have the balls to buy when the price is going down.
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August 24, 2015, 12:58:49 AM
 #25

seems legit.
because i could afford more bitcoins.
however in bitcoin price would be more 'expensive'.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will not be instantly responded
i am not really active for some reason
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August 24, 2015, 01:04:48 AM
 #26

18 month decline in price, how low does it need to go before it starts going back up to where it should be? 1 US cent?

Saying that you don't trust someone because of their behavior is completely valid.
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August 24, 2015, 04:09:12 AM
 #27

yeah btc is still going down which is good for ppl who want to buy bitcoins
and those ppl that are new who want to try bitcoin ..

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HarHarHar9965
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August 24, 2015, 05:29:26 AM
 #28

yeah btc is still going down which is good for ppl who want to buy bitcoins
and those ppl that are new who want to try bitcoin ..

What newbie will vest its trust in digital currency looking at it collapse down from 18 months now, I think only price boost will attract people, while price crash gives them a window to invest. A very few newbies join and often panic and run away, making the crypto market as sensitive as it already is. How will we conquer mass adoption when the price is scaring the oldest btc users too :/
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August 24, 2015, 05:50:38 AM
 #29

I'm afraid the dropping bitcoin price is only good for ppl that allready hold bitcoin, and that want to buy some extra coins...
Like allready said before, try to convince someone to invest his money in something with a downtrend for more then 1 1/2years...
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August 24, 2015, 05:57:40 PM
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I'm afraid the dropping bitcoin price is only good for ppl that allready hold bitcoin, and that want to buy some extra coins...
Like allready said before, try to convince someone to invest his money in something with a downtrend for more then 1 1/2years...

I think with good marketing tactics and expressing true potential of bitcoin, it would be stupid of the person to not invest in bitcoin if he is really looking out for such an investment. It is fun to talk about bitcoin if you know it well, and I think I have introduced bitcoin to more than 50 people, all actively using bitcoin at the moment. I always try my best to add more peeps to the community Cheesy
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August 25, 2015, 12:43:27 AM
 #31

it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh


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August 25, 2015, 01:35:12 AM
 #32

Heads up!
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August 25, 2015, 02:02:09 AM
 #33

it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh

Yes slowly price is touching 200 mark and it may continue to fall and may even touch 150 mark Huh. No good news for bitcoins  Wink
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August 25, 2015, 04:39:39 AM
 #34

it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh

Yes slowly price is touching 200 mark and it may continue to fall and may even touch 150 mark Huh. No good news for bitcoins  Wink

stahp with the panic bro. stahp. people lose their mind over the price of btc, take it easy mate, its just investment, it will bounce back for you. Didn't hear people complain when btc went to a thousand dollars, now that its a little low, everybody is losing their minds. Btc has gone down and sprung up at twice the rate, so why panic when you can invest in more crypto ventures with more equity and low investment Wink
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August 25, 2015, 05:17:48 AM
 #35

it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh

Yes slowly price is touching 200 mark and it may continue to fall and may even touch 150 mark Huh. No good news for bitcoins  Wink

stahp with the panic bro. stahp. people lose their mind over the price of btc, take it easy mate, its just investment, it will bounce back for you. Didn't hear people complain when btc went to a thousand dollars, now that its a little low, everybody is losing their minds. Btc has gone down and sprung up at twice the rate, so why panic when you can invest in more crypto ventures with more equity and low investment Wink
i think the panic can be attributed (partially) to the XT vs Core debate doing on right now, which is causing a lot of FUD about "the death of bitcoin" and whatnot. yes, its true that bitcoin has sprung back up, and will likely do so again, but the addition of this debate adds the uncertainty that XT may take over everything. but yeah, the panic doesnt really help anything, best to just wait and see what happens.
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August 25, 2015, 05:30:48 AM
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it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh

Yes slowly price is touching 200 mark and it may continue to fall and may even touch 150 mark Huh. No good news for bitcoins  Wink

stahp with the panic bro. stahp. people lose their mind over the price of btc, take it easy mate, its just investment, it will bounce back for you. Didn't hear people complain when btc went to a thousand dollars, now that its a little low, everybody is losing their minds. Btc has gone down and sprung up at twice the rate, so why panic when you can invest in more crypto ventures with more equity and low investment Wink
i think the panic can be attributed (partially) to the XT vs Core debate doing on right now, which is causing a lot of FUD about "the death of bitcoin" and whatnot. yes, its true that bitcoin has sprung back up, and will likely do so again, but the addition of this debate adds the uncertainty that XT may take over everything. but yeah, the panic doesnt really help anything, best to just wait and see what happens.

Wait and see until when? I think just sell off your coins and then can buy when all dust settles and have some good news about bitcoins otherwise you will also join to the team who has brought bitcoins around 1000+ and still waiting or watching bitcoins going down for ever. As of now do not know how long this negative trend will continue Angry
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August 25, 2015, 05:54:45 AM
 #37

it seems to me if the price of bitcoin continues to decline instead will reduce the interest to bitcoin  Huh

Yes slowly price is touching 200 mark and it may continue to fall and may even touch 150 mark Huh. No good news for bitcoins  Wink

stahp with the panic bro. stahp. people lose their mind over the price of btc, take it easy mate, its just investment, it will bounce back for you. Didn't hear people complain when btc went to a thousand dollars, now that its a little low, everybody is losing their minds. Btc has gone down and sprung up at twice the rate, so why panic when you can invest in more crypto ventures with more equity and low investment Wink
i think the panic can be attributed (partially) to the XT vs Core debate doing on right now, which is causing a lot of FUD about "the death of bitcoin" and whatnot. yes, its true that bitcoin has sprung back up, and will likely do so again, but the addition of this debate adds the uncertainty that XT may take over everything. but yeah, the panic doesnt really help anything, best to just wait and see what happens.

Wait and see until when? I think just sell off your coins and then can buy when all dust settles and have some good news about bitcoins otherwise you will also join to the team who has brought bitcoins around 1000+ and still waiting or watching bitcoins going down for ever. As of now do not know how long this negative trend will continue Angry

What you said is fully correct. Currently it is like a falling knife so do not dare to put your hand below the falling knife. Wait until it stop some where.
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August 25, 2015, 06:54:56 AM
 #38

believe or not, but if somebody was interested at 1200 and "missed the boat", he bought as much as he was able at 500-600 range and didn't wait until now.

Maybe but they've had another year to save money to drop into $200 Bitcoin...do you realize how little it takes to get that cost average down?

Let's say someone buys 2 bitcoin at $1000, then 2 more at $500, their average cost is $750. Buying 2 more bitcoin at $200 brings the average cost down to $566, but buying  5 more (another $1000 from the original $3000) brings their average cost down to $444! They're nearly back in the game.

If anyone bought at $1000 levels, now is the time to double down...

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August 25, 2015, 07:35:21 AM
 #39

Let me respond to the statements above systematically

i think the panic can be attributed (partially) to the XT vs Core debate doing on right now, which is causing a lot of FUD about "the death of bitcoin" and whatnot.


The only thing affecting price isn't the XT vs CORE debate, and XT is in no way becoming another currency, so whatever stays at bitcoin will still remain bitcoin, it won't become a new currency on its own, just a faster technology than what it used to be, blockchain technology alterations.


Wait and see until when? I think just sell off your coins and then can buy when all dust settles and have some good news about bitcoins otherwise you will also join to the team who has brought bitcoins around 1000+ and still waiting or watching bitcoins going down for ever. As of now do not know how long this negative trend will continue Angry

Oh, sure, advising people to sell off their investments, just when a crash happens. The bitcoin market is sensitive, bad news scare people easily and I understand the outcomes haven't been so thrilling yet, but there are ups and downs always, China has been causing issues regarding bitcoin, it was a black monday and the stock market crash ignited the fire which bitcoin is still dealing with, so take that into consideration too. Bitcoin is a technology as well as an investment, its not a magic well Smiley

What you said is fully correct. Currently it is like a falling knife so do not dare to put your hand below the falling knife. Wait until it stop some where.

well said, want to sell me your btc instead? Why wait? I will buy it at current price Tongue Yeah? Do you even own btc or you're just trying to earn some doing signature posts? Oh and FYI, I love catching falling knives, I still have two hands and a nice BTC wallet Cheesy
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August 25, 2015, 07:36:47 AM
 #40

believe or not, but if somebody was interested at 1200 and "missed the boat", he bought as much as he was able at 500-600 range and didn't wait until now.

Maybe but they've had another year to save money to drop into $200 Bitcoin...do you realize how little it takes to get that cost average down?

Let's say someone buys 2 bitcoin at $1000, then 2 more at $500, their average cost is $750. Buying 2 more bitcoin at $200 brings the average cost down to $566, but buying  5 more (another $1000 from the original $3000) brings their average cost down to $444! They're nearly back in the game.

If anyone bought at $1000 levels, now is the time to double down...

Exactly this... I've overpaid during the rally... Paying ~$700/coin...
During the past year i've managed to get the average price down a little...
And yesterday I finally sold my car that was standing here for 18months already, so let's down the average "a little" more...

But... To wait a little longer, or not to wait... Thats the question...
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