TheRealSheep (OP)
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May 28, 2016, 11:25:11 PM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think?  |
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steven0021
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May 28, 2016, 11:43:00 PM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? It would be a great idea to buy bitcoin just a week ago. Now is still good if you're going long term. Just don't expect the price to double right after the halving. |
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1Referee
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May 28, 2016, 11:47:53 PM |
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Current price is good if you are looking to cash out on some of your coins or simply to keep holding further. I wouldn't want to enter the market at this price at the moment.
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alani123
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May 28, 2016, 11:50:58 PM |
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It's a good idea to trade right now, but the year's high (which is what we're going through now) is not an ideal entry price. In my opinion, now is not a good time to buy bitcoin with the intention of holding long term.
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sishendaoye
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May 29, 2016, 12:07:20 AM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely. Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops. Take a look at what happened at the Litecoin halving last August for an example of might happen next month. You are right about that, I think that you can better buy it right now due to the fact if you buy it right now you can maybe make some profit with the bubble of the halving. Of course its not predictable but there is a chance. |
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MingLee
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May 29, 2016, 12:14:34 AM |
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Buy now if you're willing to settle for smaller profits, just make sure to keep an eye on the market so you can buy during a dip. It's probably best to avoid buying immediately and rather watch and play the market because of the price variations that'll occur due to the new value.
Just keep watching and make whatever choice you think is best.
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angaper
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May 29, 2016, 12:27:39 AM |
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I think you should make this decision taking into account all the risks that you are willing to take as well as a proper risk reward ratio. But it is undoubted that in markets is really hard to foresee with accuracy the potential scenarios ahead.
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lottery248
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beware of your keys.
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May 29, 2016, 12:55:40 AM |
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for now it is a risk of pumping, even though the bitcoin block is halving, you should exercise the risk before you roll yours.
that's up to you, the bitcoin is soaring (for a moment only or eve higher); just don't be mad if you failed to risk.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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jaysabi
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May 29, 2016, 12:59:29 AM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely. Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops. Take a look at what happened at the Litecoin halving last August for an example of might happen next month. If everyone is buying because of the halving, then the halving does affect the price. That says nothing about whether people are being unreasonable for acting on the halving... What's going on is speculation, and speculation absolutely affects price. |
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jaysabi
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May 29, 2016, 01:01:25 AM |
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Keep in mind that there is a better than average chance that there will be a dump after the halving at some point as people who have been buying specifically because of the halving cash out their profits. The rush to exit could cause a steep crash.
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23dzmaz
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May 29, 2016, 01:22:35 AM |
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I don't know man. The price of bitcoin have a huge increase from yesterday, if you buy bitcoins now , it's really scary because the price can go down anytime.
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Babayega31
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May 29, 2016, 02:15:22 AM |
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I think the price is bit high now but still if you believe that halving can be profitable for you then you can buy now price still keep rising and rising day by day as you can see the price movements intended to go up for now due to people have positive belief for this halving comes, thats why i can say it really profitable then do buy now.
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gentlemand
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Welt Am Draht
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May 29, 2016, 02:25:26 AM |
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It's full of air at present and primed to burst. In the long run there's a good chance you'd do well but times such as now require a little caution.
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Mr.grin
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May 29, 2016, 02:25:58 AM |
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might be a good idea to hold bitcoin that you have, and perhaps also often buy bitcoin is a very good idea, most likely next month, the price of bitcoin will rise to more than $ 600, maybe this is the right time to buy bitcoin with all the money you have
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zerocharisma
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May 29, 2016, 02:38:23 AM |
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For now, price of Btc is still good when buying but it's a bit high this time. The risk is pretty high if you could get a profit after halving or not. It would be much better if you bought a week/month ago, the buy price is much cheaper that time than now. Everyday it just keep on rising and i'll just hope it will stay that way.
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WEBcreator
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May 29, 2016, 03:04:27 AM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely. Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops. Take a look at what happened at the Litecoin halving last August for an example of might happen next month. Thats belief is actually something great that could drive the price so mad. I wouldnt mind if people keep believing this kind of crap. Buying btc right now is kinda gambling, when bubbles pop everyone suffer however if you dont buy it now you are missing alot of profit. Most people cant stand that obviously |
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Atdhe
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May 29, 2016, 03:07:15 AM |
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if you are not in china then buy
the price elsewhere is 80 usd lower geez
but only if you have money at exchange
on monday all exchanges will be loaded with fiat and price will surge further to close the gap with china
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DaddyMonsi
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May 29, 2016, 03:08:33 AM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? I guess Yes it's a good idea to buy, hold or store Bitcoins now because of halving and if you think about it, the it's very unusual for the price of Bitcoin to climb on a weekend because it has been always slow on a weekend but this time it's different, rate climbs to $520 what more when the weekday trading starts. |
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zimmah
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May 29, 2016, 04:29:14 AM |
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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving. what do you guys think? would have been better if you was a few days earlier, but if you have some spare cash to invest, go for it. even if it doesn't pay off immediately, just hold it for a few months. It will turn a profit eventually. |
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ebookscreator
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May 29, 2016, 04:37:58 AM |
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I think this is not a good time to buy because the price of bitcoin right now is high.520 is the price today and i think it will decrease maybe mid june..
So better to wait more days or weeks if the price is decrease before you can start to buy.. but you can buy if you cant wait maybe the price today it will still increase more..
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