Buy now or be sorry!

[MatTheCat]

....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"

You are so wrong....how much money did you lost with trading?

Recently.....nothing....been making money......in the bad old days......lots.

[LFC_Bitcoin]

Certainly isn't a bad idea to buy now, with the halving approaching the price is close to guaranteed to rise. Bitcoin is a pretty damn good investment at the moment. The only potential negative that could affect anything is the block size debate which rumbles on & on unfortunately.

[mike81]

Personally i'm hedging at the moment because nobody knows for sure.
My current theory is that the recent price increase was people pricing in the reward cut that is happening in June. Therefore i don't expect a huge price rise this summer.

Long term i would still hold. Bitcoin adoptation is still growing, which should drive the price up a bit.

Short term i see a lot of sell pressure competing with some firm buy pressure from people still believing in a price increase. I can't tell which is stronger but the trend has been slightly downwards. If that breaks stop-losses we could see a short term dump. The current mempool problem (full blocks) could be the catalyst for a sell-off.

[hasiramasenju]

prices down more than 1% today and i guess your opinion might true it's time to buy or be sorry but unfortunately i don't have much money to buying lot of bitcoins and I was only able to buy less than 1 btc

[MatTheCat]

Personally i'm hedging at the moment because nobody knows for sure.
My current theory is that the recent price increase was people pricing in the reward cut that is happening in June. Therefore i don't expect a huge price rise this summer.

Long term i would still hold. Bitcoin adoptation is still growing, which should drive the price up a bit.

Short term i see a lot of sell pressure competing with some firm buy pressure from people still believing in a price increase. I can't tell which is stronger but the trend has been slightly downwards. If that breaks stop-losses we could see a short term dump. The current mempool problem (full blocks) could be the catalyst for a sell-off.

^^ Yep.

Absolutely everyone is taking a long position in Bitcoin cos of the 'halving', which could explain why the price has doubled from it's 2015 mean over the past few months....so who is left to take Bitcoin up further purely on grounds of 'the halving'?

It would not surprise me at all, if analysts are refering to the 'Bitcoin Halving' as a classic Buy the Rumour, Sell the News event 6-7 months down the line, in a Smart Alec tone, as though they knew it all along.

With that said, if a bitcoin halving event doesn't provide the fuel for a good old manufactured pump, then I don't know what will....so erm, yeah...I am on the fence for whether it will, or whether it won't pump and will take my ques from market structure.

[devil11]

You are right.

If price go down, then we will be in a loss. I think now no one suggest whether to buy bitcoin or not. I suggest not to buy BTC now , may price will fall again! Can't take any decision ? 

[talkbitcoin]

i have been investing as much money as i could invest in bitcoin for the last months every day.

i am doing it exactly because of what has been happening in bitcoin and the halving effect.

[MatTheCat]

i have been investing as much money as i could invest in bitcoin for the last months every day.

i am doing it exactly because of what has been happening in bitcoin and the halving effect.

Have you really?

Doesn't any of this worry you?

http://www.newsbtc.com/2016/03/01/transaction-fees-increase-bitcoin-blocks-get-full/

What happens if the big miners can't agree on a solution before the Bitcoin network finally grinds to a halt and people are claiming BTC transactions to have gone missing only for them to turn up on Blockchain a few days down the line?

Panic?

Big Sell Off?

End of Bitcoin Experiment, Back to Drawing Board?


But that is all ok, cos if the worst comes to the worst, you only invested money that you are totally prepared to lose, right?

[Newcoins2020]

i have been investing as much money as i could invest in bitcoin for the last months every day.

i am doing it exactly because of what has been happening in bitcoin and the halving effect.

Have you really?

Doesn't any of this worry you?

http://www.newsbtc.com/2016/03/01/transaction-fees-increase-bitcoin-blocks-get-full/

What happens if the big miners can't agree on a solution before the Bitcoin network finally grinds to a halt and people are claiming BTC transactions to have gone missing only for them to turn up on Blockchain a few days down the line?

Panic?

Big Sell Off?

End of Bitcoin Experiment, Back to Drawing Board?


But that is all ok, cos if the worst comes to the worst, you only invested money that you are totally prepared to lose, right?

Yes you are right, but some people are gold searchers, they are investing there whole bank account and savings and hope the price will got to a high amount.
These people will most likely make profit because the halving that is coming but its still stupid they did it because the bitcoin is unpredictable.

[Amph]

....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"

yeah testing the bottom you're wrong about, we are testing the 400 bottom now not the 350 anymore or sub 400

the heading is clearly toward 500, it will be only a matter of time before the new bottom will be 450

[Karartma1]

It's not only a matter of price guys: waters are very rough and I do think we are in the most uncertain time of btc trading history

....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"

the heading is clearly toward 500, it will be only a matter of time before the new bottom will be 450

I don't think so.

[tommorisonwebdesign]

It's not only a matter of price guys: waters are very rough and I do think we are in the most uncertain time of btc trading history

....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"

the heading is clearly toward 500, it will be only a matter of time before the new bottom will be 450

I don't think so.

People were saying the price would reach 500 by the end of February. It's march now, and right now it's at $428. I don't think Bitcoin is going back down under $400.

[Cyaren]

The price is going up because bitcoin is deflationary and fiat is always hyper-inflationary. It is always a good time to buy, if you have fiat. You're better off storing your wealth in BTC than in fiat, that is for sure.

[HenryK]

buying before halving is a good investment
because the next halving will drive the bitcoin price to the moon

[pneumatic5]

The price is going up because bitcoin is deflationary and fiat is always hyper-inflationary. It is always a good time to buy, if you have fiat. You're better off storing your wealth in BTC than in fiat, that is for sure.

Yeah, its always better to save your fiat into bitcoins, as the price would be higher in future where you can multiply your wealth by selling your bitcoins at a right time.

[pooya87]

The price is going up because bitcoin is deflationary and fiat is always hyper-inflationary. It is always a good time to buy, if you have fiat. You're better off storing your wealth in BTC than in fiat, that is for sure.

Yeah, its always better to save your fiat into bitcoins, as the price would be higher in future where you can multiply your wealth by selling your bitcoins at a right time.

it is not always good to save fiat in bitcoin.
don't get me wrong, i think bitcoin is an awesome investment but it is a very risky one too. so investment in bitcoin should be done wisely with an amount which you feel safe with.

[fearlesscat10]

Personally i'm hedging at the moment because nobody knows for sure.
My current theory is that the recent price increase was people pricing in the reward cut that is happening in June. Therefore i don't expect a huge price rise this summer.

Long term i would still hold. Bitcoin adoptation is still growing, which should drive the price up a bit.

Short term i see a lot of sell pressure competing with some firm buy pressure from people still believing in a price increase. I can't tell which is stronger but the trend has been slightly downwards. If that breaks stop-losses we could see a short term dump. The current mempool problem (full blocks) could be the catalyst for a sell-off.

But how long is long term? You could be waiting decades or generations before Bitcoin adoption becomes standard.

[takingthis4]

yes, because  in july we will have a block halving, which should rise price by $100 atleast, so if we will buy now, later we will have more money, and poeple that forgot to buy now, will feel bad later

[Amph]

It's not only a matter of price guys: waters are very rough and I do think we are in the most uncertain time of btc trading history

....oh and for the record, there is absolutely nothing about Bitcoin market at the moment that screams 'buy now or be sorry'. If anything, quite the opposite. What Bitcoin is telling me is more "out of steam, almost certain to test bottom of range trendline, wait and see if that wants to bullishly resolve or not"

the heading is clearly toward 500, it will be only a matter of time before the new bottom will be 450

I don't think so.

People were saying the price would reach 500 by the end of February. It's march now, and right now it's at $428. I don't think Bitcoin is going back down under $400.

i never talked about a time frame of march, i've only said that we are heading there it can happen from here to the end of this year but it will happen

[iv4n]

The big bitcoin question buy now or cry later. In my case is to earn now and not spend it on gambling. Seems like we have to wait another month or two for it to come and I can't wait to see that high price. I gamble with my coins, a bit investing here and there so I don't plan to wait halving, I plan to win some big tournament before halving.