That was a great dip

[Sundark]

I think the perfect time to buy lots of Bitcoins was just before the halving. Now it's kinda tricky to navigate around all these highs and lows and while it's still possible to make some profit, the margins are way smaller. I don't take advantage of these dips but I would be very wary if I did because it's very easy to be fooled by the price movement and lose a chunk of your funds chasing elusive profit.

Have you seen price predictions and analysis for the next year? It is gonna be awesome. Current price is still way below expectations.
With all Bitcoin related project in 2017 (Yours, Bitcache/Megaupload 2.0) bitcoin price will double.

[1715580345]

1715580345

[Przemax]

I would say now maybe a time to buy litecoins short term. Bitcoins need to confirm if it  will gain new highs. If it will I may consider to buy some more. If bitcoin wont gain new highs in my opinion it will test the support again. After the possitove support test I could buy more bitcoins as well.

[pealr12]

I recently saw an article that says bitcoin could hit 2000$ with the help of the coming president trump.

 A report by Denmark-based Saxo Bank claims bitcoin’s price could rise by 165% to more than $2,000 due to an economic stimulus expected from incoming President Trump. The bullish bitcoin outlook is one of 10 Saxo Bank “Outrageous Predictions for 2017.”

[Betwrong]

Fuck $800


$5000-$10,000 or bust

Haha, yeah! But jokes aside I think Bitcoin will reach $10,000 or even will go over, it just will take some time, ten years maybe or so. For now $800 is a very good price which can be pretty stable in the next several months.

As for the buying at $740, well OP, good job! I think it's pretty safe to buy at anything below $750 right now.

[1Referee]

I recently saw an article that says bitcoin could hit 2000$ with the help of the coming president trump.

 A report by Denmark-based Saxo Bank claims bitcoin’s price could rise by 165% to more than $2,000 due to an economic stimulus expected from incoming President Trump. The bullish bitcoin outlook is one of 10 Saxo Bank “Outrageous Predictions for 2017.”

I never add any value to such predictions. Mainly because of the fact that 99% of the times they are way off with their predictions. Speculating about prices far higher than $1000 doesn't really make any sense as we are still a decent amount below the $1000 level. Right now we should focus on reaching the $800 level, which already can be seen as a more than difficult target. The fact that we are only ~$30 away from reaching $800 doesn't change anything in that regard.

[BitcoinHodler]

I recently saw an article that says bitcoin could hit 2000$ with the help of the coming president trump.

 A report by Denmark-based Saxo Bank claims bitcoin’s price could rise by 165% to more than $2,000 due to an economic stimulus expected from incoming President Trump. The bullish bitcoin outlook is one of 10 Saxo Bank “Outrageous Predictions for 2017.”

I never add any value to such predictions. Mainly because of the fact that 99% of the times they are way off with their predictions. Speculating about prices far higher than $1000 doesn't really make any sense as we are still a decent amount below the $1000 level. Right now we should focus on reaching the $800 level, which already can be seen as a more than difficult target. The fact that we are only ~$30 away from reaching $800 doesn't change anything in that regard.

those speculations about $1000 and above that are usually long term speculations excluding those that are trolling of course. but what you are talking about is more of a shorter term speculation and both of them are valid as long as there is some though put into them and i never pass them if they are good and not a random topic of someone guessing.

[Kevin77]

I bought more bitcoin when it dipped at around 740 dollars, now we are back at 762, the uptrend continues and is still very strong. The path towards 800 is still happening so don't get tricked by the dips, just buy every dip and don't fall for panic sellers.

What will be your opinion on those who had bought bitcoins around $220 price levels just 12 months back. More than triple benefits for their investment in less than one year period of holding.

I agree every dip must be a buying opportunity. God's grace I have also used those buying opportunities. I am holding with the dream of having $10k price levels. So, this tripling is not not a big concern for me.

[error08]

I bought more bitcoin when it dipped at around 740 dollars, now we are back at 762, the uptrend continues and is still very strong. The path towards 800 is still happening so don't get tricked by the dips, just buy every dip and don't fall for panic sellers.

Fuck $800


$5000-$10,000 or bust

We will there, its inevitable, but first we must break 778, then we will be at 800 in no time, and then we will hit 1k mental barrier, ATH mental barrier, and after that sky is the limit. The big mega pump from hell that sets us x1000 where we are at can happen at any random time.

We don't buy to words of panic sellers, they are who want to make instant profits and caused the price of bitcoin drop back again and again. I agree if we break mental barrier would be great for bitcoin development and we will see constantly increases and more adoption everywhere.