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Author Topic: Did anyone buy during $1200?  (Read 13109 times)
kartaggen
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February 12, 2016, 12:07:43 PM
 #261

I didn't, sounds crazy that some people bought bitcoin for such a high price. I don't blame them though, nobody knows where bitcoin is going
Bitcoin is very unpredictable.

At the rate it was growing it didn't seem "such a price" at all, people were just thinking it would continue to rise indefinitely...

Yeah, and people who have bought for that huge price would be definitely disappointed with present value and they would surely stop having faith in bitcoins but the only thing they can do at a moment is to wait for bitcoin to climb up.
bitlost
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February 12, 2016, 12:12:54 PM
 #262

I have a friend who did it. Ended up selling during the peak in 2015, didn't really understand the currency though, went for some "easy money" and got destroyed  Undecided
pereira4
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February 12, 2016, 01:14:15 PM
 #263

If you bought during 1200 USD, all you have to do is wait 10 years, and add two 00's at the end of 1200, so that's 120000 USD, but most people are here for the long term and will not make it.
Zeke2345
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February 12, 2016, 01:20:49 PM
 #264

Bought at $680 once but never $1200. Imagine investing at that level and watching it drop to $200. Gross!

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kacak41
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February 12, 2016, 01:31:22 PM
 #265

I have a friend who did it. Ended up selling during the peak in 2015, didn't really understand the currency though, went for some "easy money" and got destroyed  Undecided


That's the problem bitcoin is facing, that people get panic very soon and they sell when the price fall down, and big fish takes the advantages of it, but I really feel sorry for those who bought at that high price and still holding it.
sishendaoye
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February 12, 2016, 01:42:42 PM
 #266

No Fortunately not. I bought it for a low price and I am indeed very happy. I think I'm going to wait quietly for a good price.
Because then I'm going to sell and then I have a lot of profit.
Mitchow
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February 12, 2016, 01:49:59 PM
 #267

No Fortunately not. I bought it for a low price and I am indeed very happy. I think I'm going to wait quietly for a good price.
Because then I'm going to sell and then I have a lot of profit.

Correct, that's the perfect strategy to follow, Even I bought  when the price was $250 so at a moment I am enjoying profits but still I am holding it as the price would cross $400 mark in next couple of weeks so will sell at that time.
RustyNoman
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February 13, 2016, 08:55:05 AM
 #268

No Fortunately not. I bought it for a low price and I am indeed very happy. I think I'm going to wait quietly for a good price.
Because then I'm going to sell and then I have a lot of profit.

I bough some when the price was around $250 last year. I would like to keep the bitcoin for the long time. The price now is also very good.
virtualdn
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February 13, 2016, 11:00:19 AM
 #269

I haven't because it was way too much expensive for me...

1 BTC = 1 BTC
lister storm
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February 13, 2016, 01:08:13 PM
 #270

no, fortunately i did not buy at those heights, i would be in a huge minus right now if i would have bought my bitcoins back then
elloco4ever
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February 13, 2016, 01:30:17 PM
 #271

no, fortunately i did not buy at those heights, i would be in a huge minus right now if i would have bought my bitcoins back then

me too, i was lucky enough not to get tempted and buy when the price was skyhigh but again bitcoin is gonna go high i wish i save enough bitcoin till that ime o that i can become rich.

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jmintuck02
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February 15, 2016, 12:48:48 AM
 #272

No, I didn't. I just used faucets for awhile, and found a miner. Mined altcoins and turned them into btc at exchanges. I had a smaller miner

and later I upgraded to a bigger one to make some more altcoin for btc.

bluestar55
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February 15, 2016, 01:22:10 AM
 #273

yes i bought 0.1 bitcoin today bitcoin price was 406 dollar i bought bitcoin for investment for long term.
ajun96
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February 15, 2016, 02:18:26 AM
 #274

The current price of $ 1,200. it happened in 2013. right?
means I have not joined. since I joined at the end of 2013 and early 2014 when I purchased at a price of about ~ $ 700- $ 900
European Central Bank
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February 15, 2016, 02:40:14 AM
 #275

The current price of $ 1,200. it happened in 2013. right?
means I have not joined. since I joined at the end of 2013 and early 2014 when I purchased at a price of about ~ $ 700- $ 900

Yep. End of 2013. 1200 was Mt Gox and some don't think of that as a 'real' price because you couldn't withdraw dollars. It hit $1163 on Bitstamp so that's the real peak for some people.
aardvark15
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February 15, 2016, 04:17:56 AM
 #276

I didn't buy at that price but I have to admit I did buy some close to that.
blackmachinegun
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February 15, 2016, 06:15:00 AM
 #277

I didn't buy at that price but I have to admit I did buy some close to that.
You're lucky not to buy at that time. because I believe they are buying at that time, will lose money until now if they make long-term investment, so grateful was joined after the price
pooya87
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February 15, 2016, 06:35:25 AM
 #278

i have found out about bitcoin by that time. one of my friends was mining bitcoin and earning good money through selling the coins, but i did not get into bitcoin which might be a good thing because the price went down from that time but i could have had more bitcoin by now anyways.

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ctlaltdefeat
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February 15, 2016, 11:25:57 AM
 #279

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?
sadly,i buy at that time,enjoying dream that sometime bitcoin will more better than that price,and now i am relize that it was impossible,at least for this month.
Pattart
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February 15, 2016, 01:15:31 PM
 #280

No. im joined in bitcoin in 2014 so i never buy bitcoin at the price, actually i rarely buy bitcoin also
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