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Mickeyb
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December 15, 2015, 12:00:30 PM |
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No that is a lot of money to buy I prefer that bitcoins goes 200 dollars so I can buy.
I don't have that much money to buy bitcoins.
Something tells me that you won't see anymore prices of $200 in order to buy! You had about 10 months to buy at these prices. That was more than enough time to get into the game! |
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davinchi
Legendary
 Offline
Activity: 2100
Merit: 1058
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December 15, 2015, 12:30:41 PM |
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Yeah I did. And I bought more at $900, then more at $800, then more at $600...I think all in all I bought about $20k at those prices. Never did sell. Sold 200 btc waaaay back at $10 when it was an all time high. Now I'm scarred and can't ever sell btc again because of that decision.  You can try selling an amount after few days as the price may most probably reach $550 but your loss is going to be huge. Many people bought bitcoins when it was $1000 and they are still holding their coins. Buying too much at those high prices is too risky. I hope that you are able to sell those coins though. |
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Kprawn
Legendary
Offline
Activity: 1904
Merit: 1073
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December 15, 2015, 01:16:49 PM |
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Yeah I did. And I bought more at $900, then more at $800, then more at $600...I think all in all I bought about $20k at those prices. Never did sell. Sold 200 btc waaaay back at $10 when it was an all time high. Now I'm scarred and can't ever sell btc again because of that decision. You can try selling an amount after few days as the price may most probably reach $550 but your loss is going to be huge. Many people bought bitcoins when it was $1000 and they are still holding their coins. Buying too much at those high prices is too risky. I hope that you are able to sell those coins though. If he/she bought again at $200, they would have eliminated most of the losses at if they sold it now. I guess most people would find it difficult to buy again, if they bought at those prices, but it's the only way to work yourself out of that situation. Bitcoin is still volatile enough to trade your way out of that situation. We should just accept that this will be a high risk investment. It could just as easily went up to $10 000 ....What will these people say then? |
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Haoss
Newbie
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Activity: 15
Merit: 0
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December 15, 2015, 03:03:11 PM |
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I remember in 2009/2010 almost buying bitcoin when it was just below a dollar, did not end up buying because I needed the money back then (stupid decision) then completely forgot about it till the spike to 1000, then bought at the beg of the year at around 220$.
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Wilhelmus
Newbie
Offline
Activity: 44
Merit: 0
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December 15, 2015, 06:27:54 PM |
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No, I didn't buyed when it was at 1200$ since I was not even aware of the existance of Bitcoin at this time.
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Timeline
Legendary
Offline
Activity: 924
Merit: 1000
TokenHouse decentralized cryptocurrency exchange
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December 15, 2015, 06:42:30 PM |
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I bought close to the peak in late 2013. I invested also in some altcoins back then and ended up losing 7k€. I felt really sad after losing the money but nowdays I have much better understanding on what to invest in and I know to avoid shitcoins.  |
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MaritiJames3
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December 15, 2015, 07:09:03 PM |
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I didn't, I know some people did because they believed it would go way up higher but instead it dropped all the way down. I think it was because a lot of dumps happened and people had already made profits of that price. I wouldn't worr about it too much if you still own some bitcoins, you could just keep holding until you can make profits.
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smith coins
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December 15, 2015, 07:09:50 PM |
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I didn't i know many people bought at this price but there was a hope.
A hope that one day bitcoin will reach 2k, but if they still have those bitcoins then there is still a hope.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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December 15, 2015, 08:07:21 PM |
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I proudly bought a bit from localbitcoins above even that peak as I didn't want to crack open my cold storage. It was squandered on an alt that turned my $50 in 20c within a few days. Go, me.
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CryptoBjorn
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December 15, 2015, 08:14:17 PM |
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I have heard that people buy when bitcoin is high and when the price is low they sell it. Why is that?
Is that a good thing to do? Because is not profitable to me.
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Parazyd
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December 16, 2015, 12:11:14 AM |
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Hey all, just as the title says, did anyone buy bitcoin when it's price was at it's peak ($1200)? And did they sell as it was dropping, or did they still hold on? I personally felt something was happening when it peaked :-/
So, back to the topic. Did anyone buy, and did they sell as it dropped? How much did they lose? Did you feel really really sad? What kind of an emotional impact did it have on you?
i never know bitcoin went upto 1200 lol, i thought the highest was around 1000. i started using bitcoin when it was around 1000 but didnt really buy much. i remember buying like 0.01 coins 1,254 or something is where it topped out! lol I didn't have any at that time. It reached gold parity acrually, even went above for a bit. I, to answer the topic question, bought some around $800, luckily not at $1200 then  Did fail to sell at that time which I regret a bit... |
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knowhow
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December 16, 2015, 09:26:43 PM |
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The most people bought since were dreaming with a bigger value in the short time,soo they lost their investement very fast,but the most of them sold the coin and some of them are recovering their loss with the 200 value and the recent pumps being made.
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ajun96
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December 16, 2015, 10:03:53 PM |
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No, I joined in bitcoin since late 2013, when it was priced at approximately $ 700 sorry I did not join from the beginning of 2009  |
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Betwrong
Legendary
Offline
Activity: 3276
Merit: 2150
I stand with Ukraine.
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December 17, 2015, 10:06:27 AM |
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If btc reach $1200 i exchange all my bitcoins to fiat Buy time: 200-300$ Sell time: Over 700$ I'm waiting for 2000$ Alright then i guess I can make a sort of prediction here 1. You will never buy Bitcoins again ( BTC will never drop below $300 ) 2. You will start selling part of your coins in 2017 (when it will be over $700 ) 3. If you are waiting for $2000 to sell all your coins then you'll hold most of your coins several years from now |
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Zaun
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December 17, 2015, 10:08:53 AM |
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I have a question why people buy when the bitcoin is high and when is low they sell it? They say is good for the system.
For me doesn't make any sense, because with that you don't make any profit.
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chennuan
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December 17, 2015, 11:39:57 AM |
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I think many Chinese at that time to buy,because at that time,Many Chinese people know the bitcoin for the first time
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AtheistAKASaneBrain
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December 17, 2015, 11:44:02 AM |
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I didn't but would if I could since im here for the long term. Anyone that bought for cheaper right at the peak thinking he is a genius will suffer from severe depression in 10 years when the 1.2K ATH looks like a small spike on the all time graph, remember this.
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Zacudis
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December 17, 2015, 12:36:46 PM |
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No that is a lot of money to buy I prefer that bitcoins goes 200 dollars so I can buy.
I don't have that much money to buy bitcoins.
Something tells me that you won't see anymore prices of $200 in order to buy! You had about 10 months to buy at these prices. That was more than enough time to get into the game! The cost of mining is about $200/coin for large mining farms now. The cost of mining has not been higher than the bitcoin price. |
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Pathi
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December 17, 2015, 02:16:59 PM |
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No, I was mining most of my coin at the time. I started buying at 600. .1 bitcoin if I rmbr correctly. Lol
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Pollak
Full Member
Offline
Activity: 182
Merit: 100
Pollak
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December 17, 2015, 03:08:38 PM |
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I didn't because I didn't believe it at the time and also couldn't afford it. I'm glad I didn't have the choice to not to buy it looking back at it now.
I do believe bitcoin hasn't reached it's full potential yet. So for now I'm just investing more when I have the chance.
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