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Author Topic: Is now a good time to buy and store Bitcoin?  (Read 6462 times)
PinkLlama
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May 09, 2016, 04:00:41 PM
 #41

I've stocked up on BTC10 when it was $200 a pop. That's $4,608 right now but I'm expecting the price to go up to $1,000 after the halvening and then they'll be worth $10,000.

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Mr.grin
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May 09, 2016, 04:25:21 PM
 #42

I guess it depends on the level of confidence in the bitcoin, if I was you, I probably would not buy it, but collecting it. we just have to play with patience if you want to profit, if you buy and hold, then only a small profit can you get
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May 09, 2016, 04:34:43 PM
 #43

Its best time to buy  Smiley
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May 09, 2016, 04:36:14 PM
 #44

I've stocked up on BTC10 when it was $200 a pop. That's $4,608 right now but I'm expecting the price to go up to $1,000 after the halvening and then they'll be worth $10,000.

You are setting yourself up for a huge disappointment... The Halving will not push the price up to $1000 any time soon.... That is very optimistic. If everything stays as it is, we might see a price

range between $ 500 to $700 .... and that is still VERY optimistic. The $1000 high we saw last time, was due to the Willy bot, and people will not be fooled by that again. Just remember, some people

will already start selling at $600+ and that will push the price down. I also bought some bitcoin at $200 and will definitely sell some at $600 to cover my initial investment and to pocket some profit.  

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May 09, 2016, 04:39:22 PM
 #45

during bitcoin prices still under $500, it is a good time to buy and store bitcoin. I also do this to make a profit after halving.
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May 09, 2016, 04:54:08 PM
 #46

Save bitcoins for now so you may benefit in halving
PinkLlama
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May 09, 2016, 04:55:33 PM
 #47

I've stocked up on BTC10 when it was $200 a pop. That's $4,608 right now but I'm expecting the price to go up to $1,000 after the halvening and then they'll be worth $10,000.

You are setting yourself up for a huge disappointment... The Halving will not push the price up to $1000 any time soon.... That is very optimistic. If everything stays as it is, we might see a price

range between $ 500 to $700 .... and that is still VERY optimistic. The $1000 high we saw last time, was due to the Willy bot, and people will not be fooled by that again. Just remember, some people

will already start selling at $600+ and that will push the price down. I also bought some bitcoin at $200 and will definitely sell some at $600 to cover my initial investment and to pocket some profit.  

After the halving doesn't mean 1 or 2 months but more like 10-12 months. Plus, if I sold now, it would be 2x profit.

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Genius Einstein
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May 09, 2016, 08:32:41 PM
 #48

I think that it is a good idea to start storing up bitcoin as the bitcoin prices have rised very high over the past year

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May 09, 2016, 09:29:11 PM
 #49

I think that it is a good idea to start storing up bitcoin as the bitcoin prices have rised very high over the past year

Yeah and if you want to be rich in future then I think you should start collecting coins now, as future will show us some best price of bitcoin  which can make us wealthier person for sure.
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May 09, 2016, 10:16:56 PM
 #50

I've stocked up on BTC10 when it was $200 a pop. That's $4,608 right now but I'm expecting the price to go up to $1,000 after the halvening and then they'll be worth $10,000.

You are setting yourself up for a huge disappointment... The Halving will not push the price up to $1000 any time soon.... That is very optimistic. If everything stays as it is, we might see a price

range between $ 500 to $700 .... and that is still VERY optimistic. The $1000 high we saw last time, was due to the Willy bot, and people will not be fooled by that again. Just remember, some people

will already start selling at $600+ and that will push the price down. I also bought some bitcoin at $200 and will definitely sell some at $600 to cover my initial investment and to pocket some profit.  

Exactly! People count themselves rich without even knowing what the block halving really is. They don't know that in the last year or so there is more supply than actual demand, and that without the block halving the price would sink below $400 to stay there for a long time. These people are only interested in making quick profits without looking at the facts.
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May 09, 2016, 10:26:48 PM
 #51

Its best time to buy  Smiley
Current price rose to $ 460 you sure this is the right time to buy. because you sure soon the price will return to $ 450
although the difference is small. but it is better to wait the price down a bit more to buy
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May 09, 2016, 10:40:25 PM
 #52

I've stocked up on BTC10 when it was $200 a pop. That's $4,608 right now but I'm expecting the price to go up to $1,000 after the halvening and then they'll be worth $10,000.

I dont know if bitcoin will be reaching those ammount soo soon,maybe into 5 years or more can be a realistic value at bitcoins,but if i were you i would hold during the halving and wait the readjustment that should be made till end the year ,but you already making 100% profit soo you are one of the lucky persons who made the investment on the right moment.
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May 09, 2016, 11:38:36 PM
 #53

I'm looking forward to Bitcoin rise after the halving.
I'm planning to buy 4-5 BTC,is now a good time?
What do you all think?
If you have the money to purchase that much, I would 100% recommend buying it now because the price isn't that high at the moment. I myself have bought 1 bitcoin. I am also hoping for BTC price to increase after halving. I won't get that much profit but for a kid, I think 100 dollars is enough.  Grin
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May 09, 2016, 11:46:34 PM
 #54

If you think the price will be higher some time after you plan to purchase bitcoin, then it is a great time to buy.
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May 09, 2016, 11:57:43 PM
 #55

It is either now or never. If you are wondering about purchasing bitcoin - do it now. We are not going back to the times when you could could buy bitcoin for crazy low price.
1 BTC is worth now more than $400 and I doubt it will ever go lower that that. Most likely not, in the situation where halving is almost upon us.
MingLee
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May 10, 2016, 12:58:59 AM
 #56

Right now is probably one of the better times to invest in Bitcoin, because I don't expect the price of Bitcoin to remain in the mid $400s for long. We're hitting new highs from what we've had over the past few months (I think even within six months, to maybe even a year at this point). This more or less means that the future of Bitcoin is looking quite robust, and considering this forum is fairly active again (compared to where it has been over those 6 months) means that more people are either coming back to Bitcoin or more new people are becoming interested in the Bitcoin economy.

Quite exciting either way.
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May 10, 2016, 01:05:55 AM
 #57

If you have a budget of buying 5 bitcoins, then I think this is the best time to buy as price is not too high at a moment, and you can expect higher value at the time of halving.
Well I wouldn't say that this is the absolute best time to buy Bitcoin, when Bitcoin first came out and was a couple of cents, now that was the best time to buy. But now is definitely one of the best times to buy and store Bitcoin.
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May 10, 2016, 03:45:16 AM
 #58

you gotta look at the bigger picture here in bitcoin. although the bitcoin price has its rise and falls but the future price will be higher than the current price no matter what some shill FUD spreaders want to claim.

so this means buying now will lead to a nice profit in the future.

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May 10, 2016, 03:46:37 AM
 #59

i would buy now while you can under 500 its coming soon bro
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May 10, 2016, 06:05:49 AM
 #60

i would buy now while you can under 500 its coming soon bro
I think it was 50:50. I say that because if halving really going to happen in the near future, I think it's the right time, but if not maybe you will wait a long time
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