Did anyone buy during $1200?

[richardsNY]

I wasn't into bitcoin at the time where bitcoin was worth $1200, I think I would've probably sold and not buy at that high of an amount.

Seems a bit much for something that still needed to adapt.

People were simply thinking that the price would rise to $1500 or even $2000. At that point any one with his mind being in fairly decent condition will decide to NOT buy. The price went up to such a not realistic price level in a very short time, it was just a matter of time before the price would crash.

[bryant.coleman]

I am surprised that a lot of people here think that the peak value of $1,261 was real. Unfortunately, it was achieved through dubious means by the Mt Gox guys. They artificially inflated the exchange rate, by rigging the order book in Mt Gox. If I remember correctly, the exchange rate in BTC-e was around $1,050 per coin when the peak price was reached in Mt Gox. The spread was more than $200.

[Zacudis]

I am surprised that a lot of people here think that the peak value of $1,261 was real. Unfortunately, it was achieved through dubious means by the Mt Gox guys. They artificially inflated the exchange rate, by rigging the order book in Mt Gox. If I remember correctly, the exchange rate in BTC-e was around $1,050 per coin when the peak price was reached in Mt Gox. The spread was more than $200.

If we can achieve $1050 in the bitcoin price, I am happy. It is more than double of present price.

[LuckyYOU]

I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.

Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.

Yes it's especially good if you can buy under $500
It will be easier for you to get profits out of that.

[Premium Account Reseller]

Ive heard of various people on the forums buying at the peak and still holding till today. Lucky for me i never bought any at that time. I bought when it was $228 last year.

[Cendassi]

No because I was to late to know about the bitcoin I wish I know in year 2013 so that I could have make a lot of profit than just now, well is still fine earning some bitcoins.

[maudevang]

I didn't, that's just not affordable for me. Even now I think that bitcoin is a bit expensive for me to buy.

[Legoiniel]

I didn't and i'm actually really glad that I didn't buy back then. It would make it harder to make profits from that amount

[partysaurus]

I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.

Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.

Yes it's especially good if you can buy under $500
It will be easier for you to get profits out of that.

yes. thats my strategy anything under 500$ is a buy for me. btc reaching 1000 is not to far fetch , so a double in money is always nice

[Zaun]

I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.

Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.

Yes it's especially good if you can buy under $500
It will be easier for you to get profits out of that.

yes. thats my strategy anything under 500$ is a buy for me. btc reaching 1000 is not to far fetch , so a double in money is always nice

I prefer to buy around 350. But yes the future is bright and we can see a 1000 value very soon.
it's just about being patient.

[RustyNoman]

I didn't and i'm actually really glad that I didn't buy back then. It would make it harder to make profits from that amount

$1200 is too high price to buy 2-3 years ago. That was almost 20 times of the lowest price in 2013. That price was manipulated by Mt Gox.

[deon]

Thank goodness no.  I was kicking myself when it got that high though and was watching the price at $10.

[Zaragota95]

I did buy some (less than 0.1 BTC) but it was for an item online so can't say it was costly since it was given for USD value almost immediately, seen some people buying few BTC's at the time and waiting for a bigger rise but the price went downward after that.

[davinchi]

I wasn't into bitcoin at the time where bitcoin was worth $1200, I think I would've probably sold and not buy at that high of an amount.

Seems a bit much for something that still needed to adapt.

I was also not involved at that time with bitcoin. But the OP asked at that thread has a great value for the traders as that time can come again, hope in the future. In the future if I saw that the bitcoin has crossed $500 and is increasing constantly then I will buy it without any fear and after that even if decrease occurred then I will not fear for anything, because just holding will result in profits always here.

[Betwrong]

I sold 10.5 or so BTC back then, didn't purchase any though. Would of purchased if I needed though.

Do you think it is good time to purchase now? The price has dropped since the $1200 price reached in 2013.

Yes it's especially good if you can buy under $500
It will be easier for you to get profits out of that.

yes. thats my strategy anything under 500$ is a buy for me. btc reaching 1000 is not to far fetch , so a double in money is always nice

I hope that you are right. When do you think $1k will be reached? IMO this will happen in the beginning of the next year but I have a feeling that you think it will happen much sooner.

Now Bitcoin is under $400 btw so it's definitely time to buy.

[fishsnake19]

i got into bitcoin around this time but did not buy in, got a few mbtc randomly and built it up.

[romero121]

i got into bitcoin around this time but did not buy in, got a few mbtc randomly and built it up.

I have never experienced that value but waiting long to see such a tag of 1200$. Most probably I think that will see it during the start of the year 2017. People might have bought at that time but they might have not experienced great loss as it haven,t had a steep fall in value.

[Nahl]

i think for those who sell bitcoin during $1200 they are the lucky person because till today we never see bitcoin price reach to that price again and i'm really want to see bitcoin price will back to $1200 but I do not know when it will happen

[dragonusa9]

hard to say that someone want to buy during $1200
and im not using bitcoin when the bitcoin reach $1200

[Arcteryx]

That would of been the mistake of anyone's life if they did. That would be a massive loss of 3x of the worth now. I think it is still at $410 last I checked. It is Friday so time to party and not trouble your mind with such hopeless things like the price right now.