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JL421
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June 13, 2017, 09:22:14 AM |
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Ethereum is surely not a good time buy and you should probably wait for the price to drop till at least 0.11 or maybe 0.12 btc.
While talking about bitcoin it is surely a good time to purchase bitcoin all you have to do is place a sell order and not manually sell it as most probably you will miss the correct time
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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sabriel (OP)
Newbie
 Offline
Activity: 7
Merit: 0
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June 13, 2017, 05:24:43 PM |
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I am only looking to put in about £200 worth into crypto at the moment as I want to learn more about it. Is this too little to buy bitcoin with? Should you only buy bitcoin if you can afford at least 1 btc?
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Weatherby
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June 13, 2017, 05:33:05 PM |
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I think it is good time to buy ETC because it has same features like ETH and when ETH will go POS miners will shift towards ETC mining that can rise its price dramatically. On the other hand, bitcoin is always good for long term holding.
That is a real possibility as i never thought like that,if ETH goes to POS then all the miners will be flocking into ETC but for the price to go up you need to have good investors or good projects with ETC and since there are no new projects in plain sight it is hard to predict whether the price would rise. |
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Omega Weapon
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June 19, 2017, 05:01:11 AM |
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It's probably a good idea to have a diversified portfolio of both.
Bitcoin and ethereum generally go in opposite directions. So if bitcoin crashes, ethereum rises because it is seen as an alternative. And when ethereum crashes, bitcoin generally goes up in price. There could be times when this isn't true though.
Bitcoin dominance is at an all time low - i think it's a good time to buy in bitcoin in particular. But buying crypto and dumping your fiat in general is a good idea, as long as you pick the right altcoins.
I have been thinking about this for quite some time, bitcoin seems to be cheap when you take into account the very low market dominance this tells me the altcoins especially ethereum are over valued and a correction may follow, but with the decision about activation segwit or not this scenario may last longer than we thought since months of great instability will come. |
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michietn94
Legendary
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Activity: 1274
Merit: 1001
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June 19, 2017, 05:06:52 AM |
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IMO, it's time to buy since I'm heard that after Russia follow Japanese's track, the bubble will happen like before
It's reasonable since there will be a lot of demand and bitcoin value will increase since it's adjusting supply and demand !
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malata
Newbie
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Activity: 5
Merit: 0
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June 19, 2017, 05:09:28 AM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
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Denker
Legendary
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Activity: 1442
Merit: 1014
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June 19, 2017, 07:56:08 AM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
You buy when price seems to have find a bottom on a certain level of a downwards move. Traders call this BTFD "buy the f***ing dip".Or you buy constantly a bit of BTC no matter what the price is, if you believe it will go up in the long run due to it's fundamentals. These are just two possibilities when/why you can/should buy. There are a few more and many people have different reasons to do so, depending on their investment/trading strategy. |
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JackTheReaper
Newbie
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Activity: 6
Merit: 0
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June 19, 2017, 10:27:06 AM |
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I am only looking to put in about £200 worth into crypto at the moment as I want to learn more about it. Is this too little to buy bitcoin with? Should you only buy bitcoin if you can afford at least 1 btc?
I cannot guarantee the exact price of £200 worth into cryptocurrency but in the current values of BTC right now, that's less than 1 BTC. And no its your choice to buy whether you can or you cannot afford at least 1 BTC. |
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Fredomago
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Merit: 1050
Leading Crypto Sports Betting & Casino Platform
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June 19, 2017, 11:02:23 AM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits its just a matter of timing and project like this usually have some support and pumped will happen anytime soon. |
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jerowacik
Legendary
Offline
Activity: 1162
Merit: 1000
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June 19, 2017, 11:27:04 AM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits its just a matter of timing and project like this usually have some support and pumped will happen anytime soon. I agree with you . The right timing can provide satisfactory results. Although a coin has a very good pump, but when we make decisions in timings that are not right then the result will not satisfy. |
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Obito
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June 19, 2017, 02:54:26 PM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits its just a matter of timing and project like this usually have some support and pumped will happen anytime soon. Definitely, I think it is the right time to buy some bitcoins since its price was not that big. It is better to buy bitcoin if it has small value because you could buy more and when the time that has a chance to pump you will get a higher profit. My advice is to hold it for a long time for a better result and you will not regret it. |
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audaciousbeing
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June 19, 2017, 05:43:51 PM |
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Hi,
I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.
I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.
Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?
Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?
With the current spikes and new all time highs in the price, would I be buying in too high at this point?
Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?
Sorry if have some misinformation.
Thank you for your time!
Like I always maintained that every time is the right time to buy so far you can afford it no matter the amount because there will always be room for improvement even for established fiat currencies world wide, there is still foreign exchange market where these currencies are being traded against each other and profits are being made without any form of end in sight compared to bitcoin which is an evolving currency and penetration is still in high gear to the maximum. |
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Nahl
Legendary
Offline
Activity: 1652
Merit: 1000
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June 19, 2017, 05:49:42 PM |
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some people says August is the important month for bitcoin and honestly i don't really understand what they really means but ETH and Bitcoin still good to buy currently but if you aren't sure about them you could do short term trading and takes advantages from the movement price daily untill see the next situations regarding them
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Forester78
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June 19, 2017, 07:13:29 PM |
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Well obviously at the time OP posted it was a bad time to buy since its dumped since. I think now is good though because both btc and eth are overdue for a pump in the short term and their medium and long term prospects are also great.
well its a good timing if OP bought some while the value is falling and wait for the value rise back and make a good profits its just a matter of timing and project like this usually have some support and pumped will happen anytime soon. I agree with you . The right timing can provide satisfactory results. Although a coin has a very good pump, but when we make decisions in timings that are not right then the result will not satisfy. Very often beginners make the wrong decision about buying coins and then lose money. They need just a little patience to make their investments bring them profit. But many can not wait, are disappointed in the cryptocurrency and leave with the bitcoin community But I'm sure that it's not too late to buy a cryptocurrency |
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olushakes
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June 19, 2017, 07:36:44 PM |
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For Ethereum, I would still go all in but in the case of bitcoin, I would want to be more cautious because of the erratic behaviour of prices in this last few days call for caution and the uncertainty surrounding whether SegWit or not. But for ETH, price might not be stable but no major decision to be taken at least in the short term.
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phr0stbyt3
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June 19, 2017, 09:46:29 PM |
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I don't follow all the altcoins so I'm sure if you should buy ethereum but speaking of bitcoin it surely is a good time to purchase and save it for the future. The problem that the price is low for a week is investors are scared price may drop more but seeing the charts it looks like a clear growth to me
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aTriz
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June 19, 2017, 11:27:44 PM |
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Hi,
I know you guys get asked this all the time. I'm new to cryptocurrencies, trading and I've never been involved in any sort of forums before either, so i'm sorry if I've posted in the wrong way.
I'm looking into the happenings at the moment and trying hard to catch up. It is a lot to digest and I think there are important dates coming up that I need to be wary of. It seems July/August are to be big dates for Bitcoin and I am trying to understand if i have already missed the boat and if the risk/reward is too high/low.
Am I right in thinking that the value of bitcoin could swing either way with a 50/50 chance after this date?
Is the current general thought for investors that after August, there might be a large dip, but it should recover to eventually get our 500k valuation (in a long way off), or if it goes south would it be dead in the water?
With the current spikes and new all time highs in the price, would I be buying in too high at this point?
Would i be better to buy as much as I can before these dates or would it be safer to wait until after and then buy in?
Sorry if have some misinformation.
Thank you for your time!
The answer to this question is all the same, Bitcoin in whole is a good investment option, but like most investments it doesn't come risk free. At this point I would have thought that the price of bitcoin would be much lower and I probably would have bought some if the price was lower, but since the price is pretty high right now, I would expect a drop in price sometime soon, maybe in around the next 3 months I wouldn’t be surprised. Try waiting for a bit of time for when bitcoin does eventually drop and then invest and sell that later when bitcoin recovers again. By my estimations, I think that bitcoin should rise above 3k at the end of this year. Looks like a good time to invest into bitcoin when it drops eventually. I still think that bitcoin will recover from any losses. Good Luck! |
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batang_bitcoin
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June 20, 2017, 02:17:55 AM |
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I don't follow all the altcoins so I'm sure if you should buy ethereum but speaking of bitcoin it surely is a good time to purchase and save it for the future. The problem that the price is low for a week is investors are scared price may drop more but seeing the charts it looks like a clear growth to me
Me either and I will always go with bitcoin. But if you want to invest to ETH, it's also a good decision as it did really grow a lot for this year. The same thing you will do with ETH, you'll hold and sell. Both markets are volatile but frankly speaking bitcoin is more promising to my eyes so I will not going to leave bitcoin and will buy when at dip. |
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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June 20, 2017, 03:17:43 AM |
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At any time in my opinion is the right time to buy bitcoin / etherum. This is a lucrative investment of course. Because all digital currencies are projected to have an increasing price. So if we can sell it at a high price later then it is a chance to make a profit. Bitcoin and etherum are 2 digital currencies that have the best market today.
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Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
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June 20, 2017, 03:36:44 AM |
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Right now, the prices are down because of the Bitcoin scaling issue. There is a good chance that this issue will be resolved in the near future. If that happens, then the prices will increase steeply. So keeping this in mind, I would advice you to purchase as many Bitcoins as possible. And right now, I can't make any predictions about Ethereum.
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