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Author Topic: bitcoins todays price.  (Read 1110 times)
BitMaxz (OP)
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October 16, 2015, 05:40:27 PM
 #1

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

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ajrah
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October 16, 2015, 05:44:19 PM
 #2

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?
the rise of btc-usd is unexpected, i havent heard or read any explanation or reason whats behind the unexpected increase so better be on the safe side and dont stack up if thats your plan, next weeks rate maybe another story

LiteCoinGuy
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October 16, 2015, 05:44:34 PM
 #3

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

No, you do it wrong. Buy when everyone  Cry

ajareselde
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October 16, 2015, 05:45:58 PM
 #4

read this http://www.coindesk.com/bitcoin-price-breaks-260-to-hit-two-month-high/ They're speculating that it's caused by further devaluation of yuan, since
most of the pump is coming from china. On another note gemini could also be the reason...
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October 16, 2015, 05:47:48 PM
 #5

Not really .This is a huge risk to take .Probably wait for a couple of days and see the accurate stats ,if its rising then probably on the third day you're ready to buy them.
BitMaxz (OP)
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October 16, 2015, 05:51:23 PM
 #6

read this http://www.coindesk.com/bitcoin-price-breaks-260-to-hit-two-month-high/ They're speculating that it's caused by further devaluation of yuan, since
most of the pump is coming from china. On another note gemini could also be the reason...
Ow i see i will save my cash to do not buy today.. But it will hit the 260 above maybe my mind will twice in two...

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Omikifuse
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October 16, 2015, 05:53:20 PM
 #7

Usually such pumps end near $300 and are followed by a dump to 220 or 230. It happened a couple of times this year

I would buy now and panic sell near 290
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October 16, 2015, 05:55:56 PM
 #8

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

Buy when everybody is selling, sell when everybody is buying. Don't be a sheep.
OmegaStarScream
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October 16, 2015, 05:58:22 PM
 #9

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

I said it before and I will say it again , I don't see anything causing the price increase but a simple exchange manipulation .
Also how you want to buy if the price is increasing , you had to buy when it was 230$ or something and not now , I don't think Bitcoin will ever go back to under 200$ .

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3Coins
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October 16, 2015, 05:58:46 PM
 #10

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

Buy when everybody is selling, sell when everybody is buying. Don't be a sheep.
question... do you know if everybody is selling and if everybody is buying?
mtnsaa
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October 16, 2015, 06:03:02 PM
 #11

It's not as easy as to sell when everybody is buying. Right now I don't think anybody is selling, they are holding since the rise is steady and it's not worth to do that. I think this is a good time to buy Bitcoin (I've bought at $230). But that's only if you think this is worthy medium or long term. I don't see a sudden spike to $1000 anytime soon, but it could be a possibility for 2020, even more. On the other hand, we all know Bitcoin could also be worthless in 5 years.
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October 16, 2015, 06:06:04 PM
 #12

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

Buy when everybody is selling, sell when everybody is buying. Don't be a sheep.

this is true long term, but for short term trends the sweetest buy point is at the beginning of a sharp uptrend.
I have no idea if it is, but buying at $265 makes perfect sense if it is about to do  a +50-1000% run.
For example, in mid Jan 2013 it already went up 30% from $12 to $15, nevertheless it was a very good buy place because it was at the very bottom of a very steep rise to $250 and eventually to $1160.
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October 16, 2015, 06:08:54 PM
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people should have bought when the price was around $220. when the price is going up you are better off waiting or selling. not buying.
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October 16, 2015, 06:11:29 PM
 #14

Today i saw that the price of bitcoin is so fast to rise. what do you think in this week?
This is the time to buy bitcoins?

Buy when everybody is selling, sell when everybody is buying. Don't be a sheep.


If you followed your advice with most dead altcoins, you would have nothing instead of something at this point.  And you would lose the 2013 bubble because when the price doubled everyone was buying, and the price increased by 10x of pre bubble value.


It is not a rule written in stone
Dilla
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October 16, 2015, 06:13:41 PM
 #15

buy now sell next year.
Nobitcoin
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October 16, 2015, 06:15:48 PM
 #16

The time to buy has passed when Bitcoin was just under $200 a few months back. Such a fast rise can only mean one thing a fast drop.
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October 16, 2015, 06:15:59 PM
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Well they say great traders sell when it's going up not at the very peak...so selling now sort of makes sense in that way. It depends on each case, many people are just speculating with Bitcoin in the short term, if they bought a good amount at $220 and they sell at $260 I can't say that's a bad trade...
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October 16, 2015, 08:40:32 PM
 #18

The time to buy has passed when Bitcoin was just under $200 a few months back. Such a fast rise can only mean one thing a fast drop.

It could very well be, but i doubt it. Remember that bitcoin was trading at over 1200 USD a piece, and the downslide was really intense, so there's
little chance that bitcoin price won't pick up again in time. Services and community is rising, and so does the industry, so the only question is when we will go back to 4 figure prices..
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October 16, 2015, 08:55:41 PM
 #19

I was always saying that everything under $250 is a very good price to get in at. This groundbreaking technology has so much potential that is really worth of risking some amount of money and giving this thing a shot in the next 3 years.

Now, we must get out of this depression cycle sooner or later. I hope that this time has finally come. Maybe this is even a beginning of the reaction on the upcoming halving, I don't know, but something is pushing the price up. Maybe Gemini and all the institutional money that finally had a sign to get in.

We'll see in a few days!
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October 16, 2015, 09:00:51 PM
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I was always saying that everything under $250 is a very good price to get in at. This groundbreaking technology has so much potential that is really worth of risking some amount of money and giving this thing a shot in the next 3 years.

Now, we must get out of this depression cycle sooner or later. I hope that this time has finally come. Maybe this is even a beginning of the reaction on the upcoming halving, I don't know, but something is pushing the price up. Maybe Gemini and all the institutional money that finally had a sign to get in.

We'll see in a few days!

+1 bitcoin is gonna be number one now or very soon thats why thos pump is all about Wink
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October 16, 2015, 09:05:42 PM
 #21

I think we will see a slow steady rise in price to over $500 by the halving next year. The price needs to rise to keep mining profitable or a whole lot of mining power needs to get shut down.

At $260 even the SP50 and S7 will be unprofitable at the halving so either new super duper machines that run on nearly no power are coming out or the price will rise.
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October 17, 2015, 12:40:30 AM
 #22

I think we will see a slow steady rise in price to over $500 by the halving next year. The price needs to rise to keep mining profitable or a whole lot of mining power needs to get shut down.

At $260 even the SP50 and S7 will be unprofitable at the halving so either new super duper machines that run on nearly no power are coming out or the price will rise.

Regarding the price and the mining you are talking about, it's much more probable that first ones to shut down in case of ~250$ prices after the halving are the older equipement,
making the difficulty drop to a much more profitable rate for s7 and sp50..
But any way you turn it around, there's little chance that price will be anywhere near <300 after the halving.
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October 17, 2015, 11:48:34 AM
 #23

Buying bitcoins under $500 is going to be great investment when it goes over $5000 next year.

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