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BitcoinPanther
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March 04, 2017, 11:10:32 PM
 #61

I am buying and buying because I know the price will only go up the following weeks.
What happens after that is not clear because the ETF can o both ways.

But to my friends and family I've said buying upto 10/3 may be a very good choice.

If ETF goes in a positive way then we will see much higher price of bitcoins so I think this is still a good price to buy bitcoins and wait till ETF gets approval but the fact is not many can afford to buy at present price as it may be much higher and they would be expecting price to go down so that they can buy bitcoins at cheaper price so buying them now may be risky as we don't know whether price will go higher or lower in coming days.

Yeah if ETF is postive buying now will benefit us but if ETF is rejected buying Bitcoin now might be not the right time due to the possible dip in price because of the possible disappointment of speculators.  Whales might take this a opportunity to FUD the market and shake the weak hands into selling.
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March 04, 2017, 11:21:05 PM
 #62

If ETF is denied we could well see price under $1000 again probably for a short time.

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March 04, 2017, 11:55:46 PM
 #63

If ETF is denied we could well see price under $1000 again probably for a short time.

Who knows. I've seen a lot of people predicting that to happen, so maybe it doesn't happen because people will get in in anticipation of that, which means the price will not even go under $1000. People always act before they say so, in the moment of truth you never go at the limit. If your buying point is "under $900" you will at the end of the day buy at $1000 or at $1000+ a couple dollars. You dont wanna be left out of the game because you try to be super precise with the buying order.

And if the ETF passes and you are left out holding dollars after selling a day before you will feel like shit... thought call.
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March 05, 2017, 12:05:55 AM
 #64

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 

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March 05, 2017, 03:42:44 AM
 #65

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 

That argument is for the day traders. For Bitcoin, it is buy and hold.
We may be at a local maxima, but buy and trade will still get returns in the long run.


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March 05, 2017, 05:04:59 AM
 #66

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 

That argument is for the day traders. For Bitcoin, it is buy and hold.
We may be at a local maxima, but buy and trade will still get returns in the long run.
Maybe the phrase buy low, sell high is for day traders but I think buying lower than the price we have now means more profit for the buyer. So even if one plans to hold long term, I guess just wait for a drop to happen since for me the price right now is too big to buy in right now and there is this chance that it will take a very long time before we can even see price ranges like these again in the future.
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March 05, 2017, 12:43:16 PM
 #67

After 11th of March might be below $1000, might also be much higher.
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March 05, 2017, 12:51:08 PM
 #68

https://en-efectivo.blogspot.com/2017/03/bitcoin-signals-bitcoin-is-over-bought.html

Interesting article. dip incoming
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March 05, 2017, 03:30:32 PM
 #69

I think if ETF gets approval then price will go much higher in that case this would be the right time to buy some bitcoins and wait for the price rise and if everything goes fine then we will be seeing unexpected price of bitcoins in coming days so buying even at $1260 level is affordable.



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March 05, 2017, 03:36:05 PM
 #70

By looking on today's priceI prefer to regret I didn't join to bitcoin earlyer and buy it like 200$ per coin. That's true. Such price as 1200$ per coin is too high to me to even think about buying of bitcoin. No. I decided to put some % of my monthly bitcoins on a side to look what it will bring to me. Of course I haven't even a feeling to repeat the success of those guys who invested in bitcoin in the most beginning and to become a milionare, But If bitcoin will continue to rise I will be able to make some money on it.
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March 05, 2017, 03:47:53 PM
 #71

If ETF is denied we could well see price under $1000 again probably for a short time.
I really believe about that, it seems like we will get the another delay. But just a delay will make a big candle for bitcoin in the future and i guess that's really have a big chance to be happening in the future.
I'm not be patience to meet with 11 march.
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March 05, 2017, 04:01:21 PM
 #72

They cant delay it anymore. Its a YES or a NO.
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March 05, 2017, 08:58:40 PM
 #73

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 
In the coming day the price of bitcoin will increase more higher so in the current time we can say that the price of bitcoin s more lower and better to buy now to get the future profit. You are right also that now the price will not decrease to low but for investors it is good to buy at any price they find.
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March 05, 2017, 10:30:34 PM
 #74

You know that saying "buy low, sell high"?  Well, I have a feeling that we're not at a low price level anymore--but I don't have my crystal ball with me, and I could be wrong.  Plus Circle doesn't deal with bitcoin anymore, and I don't have an easy way to buy btc.  We could be at a relative low, but somehow I doubt it. 
In the coming day the price of bitcoin will increase more higher so in the current time we can say that the price of bitcoin s more lower and better to buy now to get the future profit. You are right also that now the price will not decrease to low but for investors it is good to buy at any price they find.

If you are a long term holder or even if you can afford to hold them till the end of the year then you should not delay in buying bitcoins as price will be much higher at that time so if you buy them now then it can give you some best returns in coming months as it will become more harder to buy bitcoin as time passes by so don't miss an opportunity to buy them at a moment.

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CyberKuro
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March 05, 2017, 11:03:30 PM
 #75

Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.
Did you mentioned about buy because ETF approval? Ready to buy bitcoin at ETH? I believe if people want to, they should buy at the dip, not at ATH as the price may drop back if correction happen. However, for people who looking for long term investment, buy bitcoin anytime they want as bitcoin will be profitable as time goes on.
shiunsai
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March 06, 2017, 01:21:03 PM
 #76

Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.
Did you mentioned about buy because ETF approval? Ready to buy bitcoin at ETH? I believe if people want to, they should buy at the dip, not at ATH as the price may drop back if correction happen. However, for people who looking for long term investment, buy bitcoin anytime they want as bitcoin will be profitable as time goes on.

I think this is not the right time to buy we should wait until the decision of ETF is taken and if it doesn't gets approval then we may see some price drop at that point and that would be a good time to buy bitcoins as price is too high at a moment and the price of bitcoins in coming days will totally depend on ETF approval.
romero121
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March 06, 2017, 01:46:48 PM
 #77

Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.
Did you mentioned about buy because ETF approval? Ready to buy bitcoin at ETH? I believe if people want to, they should buy at the dip, not at ATH as the price may drop back if correction happen. However, for people who looking for long term investment, buy bitcoin anytime they want as bitcoin will be profitable as time goes on.

I think this is not the right time to buy we should wait until the decision of ETF is taken and if it doesn't gets approval then we may see some price drop at that point and that would be a good time to buy bitcoins as price is too high at a moment and the price of bitcoins in coming days will totally depend on ETF approval.
The next price increase happens in relation to the ETF approval, so it's good to hold for a short and then decide whether to buy or not. Most of the enthusiasts and experts have predicted that etf approval is likely to get sanctioned. For this reason even buying now could get an assured profit.
ashapasa
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March 06, 2017, 01:50:04 PM
 #78

Seems like people got nervous at the fast $1,200 rise, a nice correction coming, but don't blink or you may miss it, tons of buy pressure and people scared of missing on owning shares of this financial revolution, doubters that still don't own any bitcoins will not let the price go below $1,000 again. People trying to short will not risk losing their position in the process.
Did you mentioned about buy because ETF approval? Ready to buy bitcoin at ETH? I believe if people want to, they should buy at the dip, not at ATH as the price may drop back if correction happen. However, for people who looking for long term investment, buy bitcoin anytime they want as bitcoin will be profitable as time goes on.

I think this is not the right time to buy we should wait until the decision of ETF is taken and if it doesn't gets approval then we may see some price drop at that point and that would be a good time to buy bitcoins as price is too high at a moment and the price of bitcoins in coming days will totally depend on ETF approval.
The next price increase happens in relation to the ETF approval, so it's good to hold for a short and then decide whether to buy or not. Most of the enthusiasts and experts have predicted that etf approval is likely to get sanctioned. For this reason even buying now could get an assured profit.

But what I have heard is that there are only 20% chances of getting approval so the more chances are of getting denied and if that happens then we will see some decline in the price so its better to wait and watch and see what is going to happen next and take decision accordingly.
mega
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March 06, 2017, 02:43:09 PM
 #79

I will buy only after ETF decision is made as there is a full possibility that price will go down if ETF gets disapproved and it may take price back to $1000 level so that would be the best price to buy at cheaper rates so I will wait till next week and then decide what to do next.

Got my account back! It was hacked. Sorry about it :|
travwill
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March 06, 2017, 03:40:47 PM
 #80

The second that decision is made and released, I'm buying if rule change is approved for ETF.  It'll be shooting up likely but still will only have upside in future.  Holding off until then also but keeping close eye on it.  If rule change is denied, then we'll see a pretty large $200-300 drop at least in my opinion for a bit.


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