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Author Topic: We need BTC at 4$ again...  (Read 4753 times)
Frost
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April 08, 2013, 09:07:41 PM
 #1

Now that I know about Bitcoin... We need BTC at 4$ again... right.  Shocked

This is the way I could invest round about 60$ and hope for a new price rise and then having a better gameplay and much more fun here.  Grin

I can understand if some people would like to stone me to death now.  Grin

Anybody else with the same problem of being here too late?

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BIGMERVE
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April 08, 2013, 09:14:41 PM
 #2

Now that I know about Bitcoin... We need BTC at 4$ again... right.  Shocked

This is the way I could invest round about 60$ and hope for a new price rise and then having a better gameplay and much more fun here.  Grin

I can understand if some people would like to stone me to death now.  Grin

Anybody else with the same problem of being here too late?

That's a shitty way to look at it. Bitcoin will keep rising and people will look back on $200 and wished they picked up cheap coins then.

Luno
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April 08, 2013, 09:15:23 PM
 #3

I've seen flash crashes of 50-60% in trhe past. A few of these and you're there!


 
 
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nobbynobbynoob
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April 08, 2013, 09:19:26 PM
 #4

If we do see $4/BTC again you mightn't be wanting to buy them, because I can't ever see it going that low ever now except in a "fail" scenario. Of course, I cannot preëmpt the market any more than the next guy can, but I predict that $40 is now the new floor (analogous to the $2 floor at the back end of the 2011 bear run).

This is not formal investment advice, but, barring protocol failure and the like (a major flaw being found in Bitcoin), it might be worth buying hard should the price drop below $100 (if it does).

If the price falls below $40 or so I might contemplate selling body parts and stuff to get more BTC. (Just kidding!)

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Frost
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April 08, 2013, 09:25:17 PM
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If we do see $4/BTC again you mightn't be wanting to buy them, because I can't ever see it going that low ever now except in a "fail" scenario. Of course, I cannot preëmpt the market any more than the next guy can, but I predict that $40 is now the new floor (analogous to the $2 floor at the back end of the 2011 bear run).

This is not formal investment advice, but, barring protocol failure and the like (a major flaw being found in Bitcoin), it might be worth buying hard should the price drop below $100 (if it does).

If the price falls below $40 or so I might contemplate selling body parts and stuff to get more BTC. (Just kidding!)

40$ would be already a little bit more relaxed and good for beginners like me. Smiley I do accept this rate!

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tlr
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April 08, 2013, 09:28:30 PM
 #6

Just think about buying mBTC instead of BTC. Current exchange rate for mBTC is about $0.18 Wink
Frost
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April 08, 2013, 09:44:58 PM
 #7

Just think about buying mBTC instead of BTC. Current exchange rate for mBTC is about $0.18 Wink

I did. I hold 0.16 right now and do plan to invest 0.10 soon until I again sold some 3d content in Second Life. Virwox only lets me put in from 0.10 and up.
Some maybe laugh about this amount but who knows... if all this is going sky rocket, then there is potential lol.

Imagine the value of one BC would be 500000... this would mean I have bc worth of 80.000 USD. Is this crazy thinking? What ever happens.. from now on I do invest every of my play money and hope that bitcoin will sky rocket.

I rather created this thread because it makes me mad that I am not earlie adopter. I never read about bitcoin before. And the fun fact is that I am somewhat internet geek. I mean I am pretty much informed about a lot of technology stuff. But have not been informed about bitcoin. Thats crazy but it was not a huge topic in germany. I didn´t even read about in english tech magazines.

3 days ago I did read about bitcoin in german news via smartphone and started my computer to google about it... now I am here.

So let me try a differend hope.... "We need BTC at 1.000.000" so that my actually 0.16$ would be worth 160.000 USD lol. I think I would laugh if this would happen... I mean how would I explain my family that I am now a little bit wealthy? Cheesy

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April 08, 2013, 09:57:16 PM
 #8

Only if i'm fiat at that moment in time.

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April 08, 2013, 10:34:20 PM
 #9

Very short term thinking to wish Bitcoin to $4 again.  You are better off buying now and waiting for the far more reasonable assent to $1,000.  Although a little slower would put more people at ease I'm sure Smiley
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April 09, 2013, 02:09:14 AM
 #10

Nice wishes

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April 09, 2013, 12:02:55 PM
 #11

Bitcoin is being spreaded all over big financial newspapers. I think $100 per 1 BTC and evern $200 per 1 BTC can be historical

Luckybit
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April 09, 2013, 01:32:45 PM
 #12

Now that I know about Bitcoin... We need BTC at 4$ again... right.  Shocked

This is the way I could invest round about 60$ and hope for a new price rise and then having a better gameplay and much more fun here.  Grin

I can understand if some people would like to stone me to death now.  Grin

Anybody else with the same problem of being here too late?

Just move the decimal and it is. 0.02 BTC is about $4.
nebulus
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April 09, 2013, 01:50:58 PM
 #13

You are not late, the name of the game is different. Sell goods - www.coingig.com

GambitBTC
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April 09, 2013, 02:15:38 PM
 #14

He said invest 60$.


lol
Frost
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April 09, 2013, 03:31:35 PM
 #15

You are not late, the name of the game is different. Sell goods - www.coingig.com

I already try to offer a service here in the forum section. Let´s see Smiley
Anyway.. it´s still not game over... some more big players in the house and I am even wealthy with my 0.16 bitcoins which I own now Cheesy Can maybe someone call amazon in? Cheesy

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April 09, 2013, 03:42:06 PM
 #16

All you need to do is invest now and wait a few years longer.

Every time is the right time to invest in Bitcoin.

We are on an exponentially growing curve (though it might not keep up its current speed) for another 10 years at least.

That is the beauty of Bitcoin.


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Frost
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April 09, 2013, 04:01:50 PM
 #17

All you need to do is invest now and wait a few years longer.

Every time is the right time to invest in Bitcoin.

We are on an exponentially growing curve (though it might not keep up its current speed) for another 10 years at least.

That is the beauty of Bitcoin.



But there are also some people in the forums here who write their concerns. Both.. positive and negative bitcoin critism makes sence to me at the moment. That is the real problem I have.

1. If big players go out of the game (they call them bulls or so?), then bitcoin rate will get a major hit if I do understand it right. Because they move a lot of money out. Would other big people fill the place so that there is a second chance for a bigger rate again?

2. What if country pull the plug? I mean forbit bigger companys to accept bitcoins... bitcoin would remain underground currency? Maybe pretty worthless later on?

3. Attention: Conspiracy! What if this game here is created by exact the same people who milked our dollars and euros away? Maybe they pump in so much money so that all people even me become greedy and want to play the game too. And later they pull out everything = profit while we just got ripped?

4. Security... what if there is a security bug or issue?

5. Bitcoins are not phisically.. they exist only in our brains...

Thats the negative stuff I did read so far.

I do think there are some more concerns you could think out or which some people mentioned here. It´s basicaly just what I did read here. But on the other side positive critism makes sense too... the amount of bitcoins are limited. There is no inflation... it´s rather deflation which should mean that the value should increase... yes that sounds sexy if it is true.

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April 09, 2013, 06:30:22 PM
 #18

Just look at Bitcoin a buying shares. You know your share when holding a Bitcoin (1/21,000,000), only the price fluctuates. Unless banks make International payments 24/7 and nearly free, there will be a place for Bitcoin.

I consider the only real risk a hack of the protocol. If Bitcoin does not encounter such the next 18 months, people don't know better than that Bitcoin is safe. If that happens, the current price run up will only be laughed at. Just keep your 'shares' safe and spend if you see something nice.

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April 09, 2013, 06:43:50 PM
 #19

Luno
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April 10, 2013, 08:58:43 AM
 #20

There is the possibility that Bitcoin is staying on a permanent high level will it still be fair to call it decentralised?

Scum of the world dealing in Satoshis, while the around 5 current big holders are set up in the banking world and big business having cornered the market?

Bitcoin have over and over again, broken market trends so all possibilities should be considered.



 
 
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