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Author Topic: What price would you stop buying Bitcoin?  (Read 9543 times)
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May 12, 2017, 08:43:27 AM
 #41

The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

Fiat is just rubbish and more and more people are understanding this each day.  I would be happy to trade that paper crap for something of decent value any day.

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May 12, 2017, 08:47:51 AM
 #42

I think it depend on what you are doing. if you are a trader the price technically doesn't matter. but if you are a HODl then it does as the price can go against you within a short time. But i will rather wait to buy in a dip or retracement somewhere between 900 to 1200 that is if it retrace to that.

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May 12, 2017, 08:53:45 AM
 #43

As I see it, the value of Bitcoin is poised to really go upwards and who knows what level it would stop? The main issue here is what we can afford or the amount of money we can use to buy Bitcoin. Start from there and do not worry so much if it is still rising because that is actually good news. Buy Bitcoin now and be happy later.
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May 12, 2017, 08:55:53 AM
 #44

keep buying when you can  Cool and forget it for 5 years  Cheesy
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May 12, 2017, 09:05:55 AM
 #45

The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 
At current price even though pumps are still occurring. I do not have the courage to buy bitcoin at this moment because scare the price will down after I buy bitcoin. if bitcoin prices can survive at current levels for some time I will buy bitcoin again like when bitcoin passes $ 1200.

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May 12, 2017, 09:14:09 AM
 #46

The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.

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May 12, 2017, 09:21:08 AM
 #47

The price of Bitcoin is hitting new highs regularly now...  and yet it is expected to continue rising.  At what price would you stop buying? 

At this point, it does not matter the price at which everyone intended to stop buying because at an increase in that price someone is willing to still buy more. Bitcoin today has expanded beyond the reach of individuals and this is gradually going beyond the reach of countries. Its a free market that even if we on this forum agrees not to buy, there are millions of people outside the forum that are willing to mop up those ones we are refusing and the price still remain the same.

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May 12, 2017, 09:44:24 AM
 #48

The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.
just think about when you buy half of bitcoin worth $850 now , in the future when bitcoin price keep increasing and reach up to $17,000 how much value you would get later? it's $8,500 ! you shouldn't think about the current price are so expensive , but think about the potential price growth ! then you might wouldn't feel worry to buy bitcoin anytime!


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May 12, 2017, 10:30:11 AM
 #49

The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.
just think about when you buy half of bitcoin worth $850 now , in the future when bitcoin price keep increasing and reach up to $17,000 how much value you would get later? it's $8,500 ! you shouldn't think about the current price are so expensive , but think about the potential price growth ! then you might wouldn't feel worry to buy bitcoin anytime!

I agree with you pal, it's all about the future now and not necessarily the present state. So long as I can but I don't have a time limit as to when to stop buying.



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May 12, 2017, 10:53:47 AM
 #50

It's a limited supply so as long as demand grows price will increase. They beauty.


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May 12, 2017, 11:06:04 AM
 #51

The last time i bought bitcoin was earlier this year when the price about $1100. I don't have the courage to buy bitcoin right now because the price is rather high and it seems to be rising everyday without correction, so i want some correction to happen first before i consider to buy more bitcoin.
It's your mistake, you need to be more assertive and believe in bitcoin. Your shyness and most people make them regret. Currently, bitcoin is carrying a high value, however, it is unstable, so investing in bitcoin now is an unwise thing. Don't risk.


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May 12, 2017, 11:57:16 AM
 #52

I bought a small reserve of bitcoin when it was in the few hundred $ range, mainly to have a reserve to buy services on the internet (VPN / VPS stuff).  The funny thing is that I now have way, way too much for this usage.  So I don't need to buy bitcoin any more, I have more than enough for what I want to buy with it in the near future.  And I put a few coins aside, which I will cash out when bitcoin rises to the promised $500 000.- a coin and buy a few houses for each of my kids with it.  If they drop to zero, which I also expect, well, I will still have bought all the stuff on the internet I ever planned to buy with bitcoin, so I don't care.  What I will never do, is cash out before 500 000.-.
(well, I agree that I may be tempted around $450 000.-).  Below that, I couldn't care less.

And I won't buy any more.  I have more than enough "bitcoin money" for all I will most probably ever buy with it.


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May 12, 2017, 01:03:32 PM
 #53

I will stop buying bitcoin when the price reaches $5000 per bitcoin because i can't even afford 1 bitcoin with that price and if i'm going to buy then it will be a very small quantity of bitcoin so for me, it is not worth it to buy bitcoin with that price and i will stop buying and keep holding my current bitcoins.

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May 12, 2017, 01:06:40 PM
 #54

I will stop buying bitcoin when the price reaches $5000 per bitcoin because i can't even afford 1 bitcoin with that price and if i'm going to buy then it will be a very small quantity of bitcoin so for me, it is not worth it to buy bitcoin with that price and i will stop buying and keep holding my current bitcoins.
really ? Do you think bitcoin can reach that value? And if you are a rich person, would you buy bitcoin if it is $ 4000? It's crazy, you should think about the consequences if the bitcoin collapses, once you buy it at a premium, you always face risks, so be careful.


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May 12, 2017, 01:36:55 PM
 #55

I will stop buying bitcoin when the price reaches $5000 per bitcoin because i can't even afford 1 bitcoin with that price and if i'm going to buy then it will be a very small quantity of bitcoin so for me, it is not worth it to buy bitcoin with that price and i will stop buying and keep holding my current bitcoins.


Not only that it will reach $5000 per bitcoin but it will surpass it by miles. The exactly same thing was said about reaching $1, $10, $100, $1000... and the exact thing will be said about reaching $10.000, $100.000, etc...

History always repeats itself.
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May 12, 2017, 02:56:58 PM
 #56

I will stop buying bitcoin when the price reaches $5000 per bitcoin because i can't even afford 1 bitcoin with that price and if i'm going to buy then it will be a very small quantity of bitcoin so for me, it is not worth it to buy bitcoin with that price and i will stop buying and keep holding my current bitcoins.


Not only that it will reach $5000 per bitcoin but it will surpass it by miles. The exactly same thing was said about reaching $1, $10, $100, $1000... and the exact thing will be said about reaching $10.000, $100.000, etc...

History always repeats itself.

Remember when bitcoin was $1 LOL.

Only 6 years ago amazing


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May 12, 2017, 03:23:13 PM
 #57

I will buy until either I don't have any money left or I have too much in Bitcoin that diversify is a must(probably around $1M worth of Bitcoin, still a long way to go).

Bitcoin has potential to easily grow some orders of magnitude in the incoming decade, so any price is cheap now
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May 12, 2017, 03:25:14 PM
 #58

Bitcoin is already very expensive for me, in beginning when I joined 1 btc was same as my monthly paycheck, now bitcoin is x8 my monthly paycheck. I'm more concentrated on some cheap alts, in that I invest bitcoins that I earn. Probably most of us here are feeling the same way about this, bitcoin is becoming very expensive to buy.


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May 12, 2017, 03:26:28 PM
 #59

i'll buy bitcoin until i can ensure a good profit to retire in the future, lik 1-5M, if i can get that capital i would not need to buy anymore and i would just use or dump my bitcoin and be happy with the rest of my life, and i think anyone here is waiting for this
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May 12, 2017, 04:04:03 PM
 #60

I will stop buying bitcoin when the price reaches $5000 per bitcoin because i can't even afford 1 bitcoin with that price and if i'm going to buy then it will be a very small quantity of bitcoin so for me, it is not worth it to buy bitcoin with that price and i will stop buying and keep holding my current bitcoins.
really ? Do you think bitcoin can reach that value? And if you are a rich person, would you buy bitcoin if it is $ 4000? It's crazy, you should think about the consequences if the bitcoin collapses, once you buy it at a premium, you always face risks, so be careful.
Even if the price crosses $4000 people will buy if they think that price would rally after that and with the limited amount of coins in circulation it is quite obvious that the price would keep on increasing and we need some sort of scaling to accommodate the users even temporarily because the transaction fees and delays are a bit frustration at times if you are really planning to do arbitrary trading,it is nearly impossible to do that with bitcoin. Whether the price of bitcoin collapses is another story,you really cannot guarantee any profit with any sort of investment,you have to take that risk if you are an investor.














 

 

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