Now Everyone is buying

[elite3000]

The value has dropped significantly after bitfinex case and it seems to be continuing its down trend ever since..

i dont think so that the price i decrease any more. as we can see that the price of bitcoin remain stable for some week and new users of bitcoin are entering in the market. therefore the price of bitcoin will start increasing very soon. therefore to it is the best time especially for the news comers to invest in bitcoin hope they will really get good profit in the end.

New users are not going to unload their money on Bitcoin. They will first try the market through small amounts.
If they think Bitcoin is going to rise rapidly, they are going to be disappointed.

Two things. Number one, I agree that currently there are no new reasons, as compared to the last year, to attract new investors to Bitcoin. No new, significant developments. Point, end of story. Number two: there are small speculators coming to Bitcoin anyway and judging from their posts in this forum, they're expecting price to rise rapidly, without giving it too much thought.

Do you really take into consideration what people say here to predict here the price will go?

Of course who post here are not big trading players, and they may be trying to make things happen the way they want or just posting to increase the post count

[outatime1]

It's true that there isn't much new news lately to attract investors, but there is a niche for bitcoin on websites such as gambling sites. There is also a lot of interest in trading that supports exchanges. Plus the value is staying pretty consistent which could help for those that want bitcoin as a store of value.

[savetherainforest]

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

I see this is from a few months ago... well... since then I would like to tell you that I convinced another 5 friends to buy as much as they can/afford each month... BTCitcoin to the mooooon!!! 

[setupbounds]

On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

Don't look at Yobit as it adds no value at all to the price. Put your focus on exchanges as Bitfinex which happen to be a major exchange.

I don't think that's entirely true.  I would think arbitrage keeps bitcoin at least fairly consistent across the exchanges.  No?  I do recall when Mt. Gox's price was so much higher than the others, but that was an exception because they were failing.  Not so with Yobit.

It is not strange that everybody is buying bitcoins at the same time because all of the people are looking at the price of the bitcoins and when he is at lowest point there will be allot of peopel interested into the bitcoins off course it is not that we dont want to invest but we need to at that point.

What do you mean? People would of course buy a lot of bitcoins when it's price is lower that it usually is.
In our current case, it's lower than what it was months ago, which is a good reason to buy simply because most are hoping that the value of bitcoin would go back up to where it was.

[Zaun]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

[barbara44]

The value has dropped significantly after bitfinex case and it seems to be continuing its down trend ever since..

i dont think so that the price i decrease any more. as we can see that the price of bitcoin remain stable for some week and new users of bitcoin are entering in the market. therefore the price of bitcoin will start increasing very soon. therefore to it is the best time especially for the news comers to invest in bitcoin hope they will really get good profit in the end.

New users are not going to unload their money on Bitcoin. They will first try the market through small amounts.
If they think Bitcoin is going to rise rapidly, they are going to be disappointed.

Yes, it is very important to also let new users know that they will see a decent profit over the span of months. Not day or even weeks. They need to know that the profit comes on a month to month basis and is not an immediate payout.

[Schuyler]

I can't say that a lot are buying right now because according to charts, the buying has not been strong, compared to three weeks ago. I think most are in a wait and see mode and just trying to feel what the market dictates. Let's wait a little longer and see what happens in the next few months.

[romero121]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

Also the price is quite stable around a limited range for a long time. On account of this too users prefer buying. It has got the highest chance of price increase by the end of this year and to continue for few more weeks falling in the year 2017.

[Capradina]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

Also the price is quite stable around a limited range for a long time. On account of this too users prefer buying. It has got the highest chance of price increase by the end of this year and to continue for few more weeks falling in the year 2017.

Yeah, it does now is the right time to buy some of the bitcoin to benefit when the end of the year (2016) or early years (2017). But it also depends on your thinking, because I only give advice and something that will most likely happen. So stay focused on your goal and never a bad-minded, because that will ruin you and your benefit concentrations

[Superways]

It's true that there isn't much new news lately to attract investors, but there is a niche for bitcoin on websites such as gambling sites. There is also a lot of interest in trading that supports exchanges. Plus the value is staying pretty consistent which could help for those that want bitcoin as a store of value.

Bitcoin itself is a good news for all of us and for that we all are interested in this currency and we buy it with our fiat, bitcoin itself is a good news because with that currency we are able to transact our money to every part of the world with lowest fees, and it is a payment processor which allow every country so a lot of companies are adopting it so as to get access to every part of the world.

[michnelli6]

The value has dropped significantly after bitfinex case and it seems to be continuing its down trend ever since..

i dont think so that the price i decrease any more. as we can see that the price of bitcoin remain stable for some week and new users of bitcoin are entering in the market. therefore the price of bitcoin will start increasing very soon. therefore to it is the best time especially for the news comers to invest in bitcoin hope they will really get good profit in the end.

Maybe some of the price falls due to the hack, but most of the price drops are just normal market fluctuations. Everyone is seriously over-exaggerating about this bitcoin drop. It’s going to go back to normal very soon as it has happened many times with bitcoin trading. That is the main reason many people are buying now. It is kind of offer price for them.

[Dwelach]

I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.

risky, the price might not come down at all, you might miss out.

And that's why I never pass up a lotto stand without buying a ticket
Bitcoin is not the only asset; plenty of fish in the sea.

maybe by next month the price will be $5000 and you'll be 10 times worse off.

No. He'd be exactly where he is now. Random_person being x10 "better off" doesn't make you x10 "worse off."

Everyone is talking about missing trains/boats/rockets. Fun Fact: There's more than one train/boat/rocket, most going to far better places than the dead gray ball of dust/rocks called Moon.

I dont think everybody is buying right now because the price of the bitcoin is not really profitable when you want to buy him now you know so when you want to buy bitcoins dont do it right now have a bit of patient the price will drop for sure

[Cozynunu]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

I think people will be scared to sell to miss out like what happened in 2009 to now, such a big rise you never know if it happens again and you don't want to be the one to miss out on that.

[Doms]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

I think people will be scared to sell to miss out like what happened in 2009 to now, such a big rise you never know if it happens again and you don't want to be the one to miss out on that.

As with everything that involves speculation, it is hard to predict what happens next. I myself, am not buying at the moment, and I am not scared of being left behind because the price ain't gonna jump from $550 to $1000 overnight. Best to manage expectations and deal with surges, plummets and stagnations the best and most profitable way.

[mrkevio]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

I think people will be scared to sell to miss out like what happened in 2009 to now, such a big rise you never know if it happens again and you don't want to be the one to miss out on that.

I think we're all ready for the rise. I'm saving as much as I can, and now I'm just waiting for it. Spending might be the biggest mistake right now

[1Referee]

everyone is buying right now and that is because there are allot of people who think that the price will rise allot after this year so in the beginning is 2017 the price wil be that high everybody is going to sell their coins further!

I think people will be scared to sell to miss out like what happened in 2009 to now, such a big rise you never know if it happens again and you don't want to be the one to miss out on that.

It's fairly safe to assume that the price will not go up again with such a magnitude. Right now there is much more money needed to get the price to even increase 10-20%. I see a lot people talking about the price being $3000-$4000 and some even higher. We haven't even been close to $1000 yet. Let us first touch that price level before speculating about higher prices. People however don't seem to understand that.

[Bradexterb]

They were probably buying because btc were pretty low at the time you posted. But yeah alot of people try to invest 10% of their monthly earnings anyways cause they can miss 10% and the long term return can be great as we know bitcoin has the potential to rise over 1000%

[Altcoinmoney]

Is everyone seriously buying bitcoins right now i dont think that is true because the price of not really trustable to buy right now because they are saying that the price will drop allot so if you wait a couple of weeks it will be better to buy them over then.

[Stedsm]

Is everyone seriously buying bitcoins right now i dont think that is true because the price of not really trustable to buy right now because they are saying that the price will drop allot so if you wait a couple of weeks it will be better to buy them over then.

I haven't seen anyone talking like this that the price will get more down any further.
Do you think it will go below $500? Because I don't think so. It will get back to where it was, it only fell down due to dump by hackers.

[Shibashi Dogemoto]

Is everyone seriously buying bitcoins right now i dont think that is true because the price of not really trustable to buy right now because they are saying that the price will drop allot so if you wait a couple of weeks it will be better to buy them over then.

I haven't seen anyone talking like this that the price will get more down any further.
Do you think it will go below $500? Because I don't think so. It will get back to where it was, it only fell down due to dump by hackers.

Yeah I don't see price going below $500 in next few weeks as price is above $570 level and its predicted that it will rise in coming months, so thinking of that I am buying some coins at this stage.