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Author Topic: will you still buy at 10k  (Read 1581 times)
mjd18811452319
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December 05, 2017, 03:35:01 AM
 #101

agree with you
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December 05, 2017, 03:40:05 AM
 #102

Considering long term, yes! However, I am expecting a correction soon (which is delayed due to the game of institutional investors). I believe that Bitcoin is going to perform very well in the long run and hence buying it for the long term is not a bad idea. However, considering the volatility in the price, I would pick my favourite method of a systematic investment plan in order to acquire funds instead of buying in one single shot.

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December 05, 2017, 03:42:37 AM
 #103

The last time I purchased Bitcoin was in 2014. After that I have received Bitcoins mostly through signature campaigns, altcoin bounties, advertising revenue and airdrops. Since then I have sold some of my coins, but never purchased any. I guess that is going to be the case this time as well.

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December 05, 2017, 03:53:56 AM
 #104

bought bitcoin in 2015 didnt believe in it. missed the train. bought again around 2-3k but diversified it to altcoins.
will you still buy in this current price? or do you believe a correction is near?
in my case no, i will not buy bitcoins at 10k dollars and even if it drops further i wouldnt still buy it  because im just a poor boy . id rather buy food or any important things that is much valuable and can be used in real life rather than investing it on a digital currency that doesnt guarante a stable income. yet i still do hold some percentage of bitcoins that i recieved because i see that bitcoin is still growing.
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December 05, 2017, 03:55:12 AM
 #105

Yes.  Always buying bits of bitcoin within my budget at any price.  I try not to pay attention to the current price, rather my bitcoin total.  I have seen too many people get worked up about the price at which they bought and whether it drops or goes up, I try to explain it is more fun to consistently buy and hodl.

I love Bitcoin
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December 05, 2017, 04:09:06 AM
 #106

like his other buyers it is definitely I want to get a cheaper price and my expectation there is a correction until it touches at 7500 $ before rising back to 30000 $
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December 05, 2017, 04:16:57 AM
 #107

yes i want to buy bitcoin at the current price because as i know that it has a good future in the current situation we can easily buy bitcoin at a good price through exchanges and thus we can sell them whenever we need amount of cash but the interesting thing is the bitcoin price increases with time and with bitcoin it is good to buy some of altcoin.

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December 05, 2017, 04:27:04 AM
 #108

If I have the fund that can afford to buy, yes. Bitcoin's value continuously increasing massively so I think bitcoin will be a good investment.

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December 05, 2017, 04:36:58 AM
 #109

BTC is still a buy at <$25k USD

The reason that I say this is as follows:

BTC is not a bubble;

tulips... the price was high because of hoarding, then people wizened up and realized that you can just grow more (infinite supply)
housing... supply was available, so artificial demand was created by lending to unqualified homebuyers, and supply increased, the buyers disappeared and defaulted

Bitcoin is finite, only legitimately creditable (though there is some argument about manufactured coin and current scheming (just make sure your shit is on the chain, I don't care if the kids all say "that isht is off the chain, yo" ... )

Bitcoin represents a paradigm shift of the world's wealth into the digital era, imagine if someone told you to 'just ignore that internet fad' back in 1995.  Netscape Who? ...

So, depending on who you ask, there is somewhere around $80T of 'currency' in the world (broad money), and somewhere around $200T of total global debt.  Without talking about narrow money, or it's implications on price, or getting into derivatives or other debt, let's just consider the broad money example.

Very oversimplified math goes as such:  If just ONE PERCENT of this $80T USD moves into Bitcoin, we have a nominal value of $38,095/BTC.  Let that sink in.

Narrow money is about $29T, so if 1% of that moves over, yields a $13,809 coin, so that's about where we are at now, and institutional money is coming.

BTC will not be the only crypto into which this wealth flows, but I believe that it will be one of the few that sustains and continues to set value.  Does anyone believe that a 1% adoption rate is where this 'fad' will stop?  How many people used the internet in 1990?  1995?  Today?

In wallet we hodl.

Cheers!

21 million bitcoins total supply, 1% of just the broad money moves in, ~$40k coin...so yes, a ~$10k coin is still a buy, and should be for most people.  That said, there may be some bumpy territory getting there.  Wink

Minin', my own business.
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December 05, 2017, 04:38:25 AM
 #110

Hoping for an upcoming correction so I could buy. But at this current price it's harder to buy more

I had the same issue, Always when I wait for a correction it goes up instead of down.
Now i'm applying dollar cost avaraging.
Works great. I just buy small amounts on a fixed day each week, and when in goes down I buy a little more than usual.
Next to that I have a few open orders on what could be considered a correction price. so it automatically fills in case the price dips and i'm not paying attention.

You just leave open 'limit' orders on GDAX? I don't know if I would feel comfortable leaving more than 500USD cash on an exchange. There is no way to set this up on Coinbase?
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December 05, 2017, 04:49:26 AM
 #111

It's ok I think, I would also to buy it if I have a lot of money. Grin
As far as the developments of the price to date, indeed it has proved its price tends moving to more higher, and I'm still convinced.. it would be continue sustained slowly but sure.

And I don't think that would be a problem for those who really already have strong intention and optimistic to make an investment, especially for people who have a lot of money.. surely this is a good opportunity to opened profit opportunities for them to investing in bitcoin.

   

 
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December 05, 2017, 05:01:45 AM
 #112

bought bitcoin in 2015 didnt believe in it. missed the train. bought again around 2-3k but diversified it to altcoins.
will you still buy in this current price? or do you believe a correction is near?

Of course! Even if bitcoin have a higher price for now in the market, i will risk my money to invest because a lot of people said that bitcoin is a good investment for the family and for the future.

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December 05, 2017, 05:03:24 AM
 #113

Yes I'm still buying at 10k.
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December 05, 2017, 05:05:17 AM
 #114

Bitcoin has a huge market volume so the answer for the question is "yes".
This volume means it will increase in future but it is hard to predict the maximum limits for next month of for next year.
It seems it is still a good income tool.

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December 05, 2017, 05:05:53 AM
 #115

Bitcoin is at its start-up stage and the awareness the currency has gained, had actually served as a propelling force to cause its movement. I will hop-in if i have the money to buy at 10k, considering the height it would attain in the nearest future.

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December 05, 2017, 05:08:36 AM
 #116

bought bitcoin in 2015 didnt believe in it. missed the train. bought again around 2-3k but diversified it to altcoins.
will you still buy in this current price? or do you believe a correction is near?

Honestly, I'd still buy bitcoins even if it reaches $11,000. I'm confident that the money I invested with bitcoin will still go up even if I invested a little on bitcoins. I based my predictions on the graph of price and I saw the trend of the price. It's just going up.

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December 05, 2017, 05:09:15 AM
 #117

I will continue to invest on Bitcoin, no matter what the price, because i am truly believed, Bitcoin will exponentially increase its value every months.

This month of December it will hit 13K to 14K USD or may be more. And first quarter or second quarter next year, don't get too surprise if Bitcoin hits 20K USD. It was very natural to Bitcoin.
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December 05, 2017, 05:09:25 AM
 #118

Yesterday I paid 350$ and only received 0.03 bitcoin   Huh Huh Huh
If only I bought it 2 years ago.

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December 05, 2017, 05:11:27 AM
 #119

Yes i would buy some still. Because bitcoin is continuing in growing its price and as another year to come bitcoin will still grow more.

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December 05, 2017, 05:35:19 AM
 #120

I will buy bitcoin now although the price is $ 10000 or $ 11000 because many say that bitcoin price will increase in december and in the year 2018 so now you buy bitcoin even though you are selling its price but when The bitcoin price you earn is greater. As it is today, many investors prefer to invest in bitcoins because they know they will earn a big deal.

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