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Author Topic: At what price point per BTC will it be too late for the average person  (Read 2111 times)
Colt22
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August 28, 2017, 11:26:31 PM
 #61

It only could be late with 1 condition: if the fiat currencies become valueless.
In other cases it will never be late.
I somehow agree with your point of view. I get the same feel that it will be never too late to buy the bitcoin. This is because bitcoin comes up with a new and higher price after sometime. This takes its users by storm and they involve more into this. Now, if we talk about the fiat money, fiat money will not vanish ever. Its use may become less in future but it can never vanish.
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August 29, 2017, 03:14:44 AM
 #62

I think that the price will have to get up very high before the average person is not able to buy, since you are able to hold down to a very small amount.

But I also think that it woud be more beneficial for people to know that you can buy partial bitcoins. I feel like mainstream media doesn't know all that well that you don't have to buy one whole coin at a time.

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August 29, 2017, 03:21:14 AM
 #63



we are in the early stages of second stage of Early Adopters.
and remember this is not price chart. it is showing only the adoption and how it changes over time. it is slow at first then speeds up and when everyone knows about that technology there is no one left to find out about it!
the price chart would look like an S which is slow at first then speeds up with sharp rise to a high price then slows down and plateaus on that high price and stays there.

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DoublerHunter
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August 29, 2017, 09:44:29 AM
 #64

It is too late for an average person to buy bitcoin when it hits 10,000 USD because that is a too expensive price for me and it is not affordable for almost all the people and most of them will just doubt about bitcoin so as long as the price of bitcoin is not touching even half of that 10,000 USD we should continue buying bitcoin and holding it for a long term purpose.
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August 30, 2017, 09:09:03 AM
 #65

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?

http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif

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August 30, 2017, 09:14:01 AM
 #66

In my personal thinking, however high the price goes it'll be always an affordable asset to the average people. This is all because of the divisible units of bitcoin. Maybe when the price goes much higher, people might be able to buy few Satoshi based on the price.

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romecheo
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August 30, 2017, 09:30:59 AM
 #67

It's NOT to late to buy Bitcoin worth of 4000$, your investment would grow exponentially beyond your expectation, used it wisely, you may HODL it or trade.

Who can tell the future of Bitcoin, for now it's like a raging bull.

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August 30, 2017, 02:40:29 PM
 #68

It's never to late. If you think like this you'll stay forever waiting for the best moment that never come.
It's impossible that every human owns 1btc since humans are more than btc total supply.
If you can't afford 1btc you can start with a smaller fraction. Good luck with your coins  Cool

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August 30, 2017, 02:55:54 PM
 #69

It'll be too late once 1 satoshi/BTC0.00000001 is worth more than the smallest unit of fiat currency.
Somehow this make sense to me in the laymen terms! How much would 1 BTC need to cost for us to reach this point? I'm lazy in doing the math calculation Cheesy

Very interesting thread and definitely a discussion worth topic by the way!

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August 30, 2017, 02:56:29 PM
 #70

It's never to late. If you think like this you'll stay forever waiting for the best moment that never come.
It's impossible that every human owns 1btc since humans are more than btc total supply.
If you can't afford 1btc you can start with a smaller fraction. Good luck with your coins  Cool

Well it might be too late for some to buy whole bitcoins. OP, said that he is not interested in buying a fraction of a bitcoin, but

rather whole bitcoins. He also mentioned that he might be at the upper limit, where he is able to afford whole bitcoins. Most

of my friends have reached that point. {not because they cannot afford it, but because they not willing to spend that amount

on whole bitcoins.} The friends who did, is reaping the benefits of high volatility and they getting huge profits from buying on

the dip and selling on the spike.  Wink

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August 30, 2017, 03:04:33 PM
 #71

It'll be too late once 1 satoshi/BTC0.00000001 is worth more than the smallest unit of fiat currency.
Somehow this make sense to me in the laymen terms! How much would 1 BTC need to cost for us to reach this point? I'm lazy in doing the math calculation Cheesy

Very interesting thread and definitely a discussion worth topic by the way!

More than one million dollar. Then 1 satoshi is worth more than one cent. But even then a lot of people could afford to buy one satoshi. So - as always - it depends Smiley

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September 11, 2017, 09:05:47 AM
 #72

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?


There isn’t any price that purchasing bitcoin will be too late, though for an average person it might be not be too late presently because you can still cash in on the market, but if you are not ready to invest now, then forget about it you’re never going to earn much profit from the market.
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September 11, 2017, 09:16:30 AM
 #73

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
No, it is not, most people are just lazy and don't even want to try to buy BTC because it is a complicated process and they are too passive to learn more.
There will be always an argument against buying bitcoin - earlier in the day it was the fact that bitcoin is unstable and will become worthless soon.
And currently the core argument against BTC, it is fact that bitcoin is too expensive to buy 1 BTC at once and not everyone can achieve it.

I'm not interested in owning micro or milli coins.
I am not defending other coins but at some point in the past bitcoin was a micro coin as well. The story might repeat itself.
Can someone tell me where we are on this chart please?


We are still in the early adopter phase. If bitcoin will go mainstream someday the price will go through the roof and we will reach the moon.
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September 11, 2017, 09:57:36 AM
 #74

IMO, it is still not late to buy 1 full BTC. I will buy it now if I can afford at $4000, rather than regretting when BTC is at $40,000.
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September 12, 2017, 05:34:52 AM
 #75

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?


I don’t think it will get to that extent of being too late, the only thing that would happen is that the market will be left with little or no juice because the early investors have sucked out the juice in the market and the new ones are just eating the remaining.
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September 12, 2017, 09:44:35 AM
 #76

Hello everyone,

I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?

I'm not interested in owning micro or milli coins.

How much time do we have left until its becomes proper main strain?

Can someone tell me where we are on this chart please?


It would get to a time that people would be regretting and wishing that they had purchased or used bitcoins and kept at some certain time when it was still rising, because it would get to a time in which the coin will not be buyable to a common man.
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September 12, 2017, 11:10:34 AM
 #77

Bitcoin price won't be much an issue when you believe that bitcoin still increasing.. It's a decision what matter is your final thoughts on what is right,, 1 bitcoin or $4000 is an easy numbers for some and unaffordable for most of them.. Investors won't look at the buying price much but to the profits in the future.. Your not late it is only just the beginning of a better bitcoin phenomenon..

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September 12, 2017, 11:12:57 AM
 #78

It's getting too late for the average person to invest & buy 1 whole bitcoin even now. It's not too late to invest though, buy what you can afford, even 0.1 bitcoin may be worth lots in the future.

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September 12, 2017, 11:43:34 AM
Last edit: September 14, 2017, 12:32:17 PM by Zigsss
 #79

It's getting too late for the average person to invest & buy 1 whole bitcoin even now. It's not too late to invest though, buy what you can afford, even 0.1 bitcoin may be worth lots in the future.
yes i agree with you even 30000 satoshi maybe worth something in the future if the price goes up then even a little bit can be worth alot for us and that is where we can make profit out.

It is not too late you can buy it now.
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September 12, 2017, 01:27:40 PM
 #80

I so don't get what you mean. I can get less than a penny's worth if I want to pay the fee. It's like asking when gold will be too expensive to buy because you have this arbitrary idea of an ounce in mind. Forget about the idea of a "bitcoin", there are no coins. It's like gold. Too expensive? just switch to grams or Satoshi if you must think in units. Then it will be "cheap" again.

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