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Bitcoin-hotep (OP)
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December 18, 2013, 07:06:28 PM |
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I think so Because when the price is low it means the whales are buying up coins that they can turn around and sell at a higher price You can't buy 5000 BTC to resell but you can make some money with the whales
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shorena
Copper Member
Legendary
 Offline
Activity: 1498
Merit: 1520
No I dont escrow anymore.
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December 18, 2013, 07:09:25 PM |
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Im not really here, its just your imagination.
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Bitcoin-hotep (OP)
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December 18, 2013, 07:10:11 PM |
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I just meant like this period of time not like this exact moment |
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Bitcoin-hotep (OP)
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December 18, 2013, 07:15:16 PM |
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50-70% Corrections are normal
Christmas sales have come early
btc will be $10k+ in 12 months
I think people should buy bitcoins and altcoins as a gift That is the best Christmas present this year |
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tompa555
Member
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Activity: 84
Merit: 10
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December 18, 2013, 07:16:35 PM |
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It all depends if people will have goods to buy with BTC. IF not i think that BTC will going to fall more and more.
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BlockChainLottery
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December 18, 2013, 07:17:31 PM |
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I think so Because when the price is low it means the whales are buying up coins that they can turn around and sell at a higher price You can't buy 5000 BTC to resell but you can make some money with the whales
Well, isn't that obvious. Always buy in a bear market, but will it ever become a bull market again? |
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SlidingHorn
Full Member
Offline
Activity: 196
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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December 18, 2013, 07:19:00 PM |
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btc will be $10k+ in 12 months
HAHAHAHAHAHAHAHAHAHAHA!!! I can't. My sides. I'll be more than happy to eat crow if I'm wrong, but you, my friend, are delusional if you think that's a realistic expectation. |
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Kasandra
Member
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Activity: 68
Merit: 10
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December 18, 2013, 07:21:24 PM |
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it may go to $700 soon again
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Lisk.io - Dapp & Sidechain Platform
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Jcw188
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December 18, 2013, 07:23:57 PM |
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"Bull" and "bear" markets last a long time and have major corrections along the way. It all depends whether you think there is a future here in BTC. Yes, now is a BETTER time to buy than when it was at $1k! But you can't tell the future. Scale in bit by bit.
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Bitcoin-hotep (OP)
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December 18, 2013, 07:25:08 PM |
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It all depends if people will have goods to buy with BTC. IF not i think that BTC will going to fall more and more.
Gyft lets you buy anything on amazon with bitcoins |
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Deadly7
Newbie
Offline
Activity: 12
Merit: 0
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December 18, 2013, 07:34:36 PM |
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What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
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tompa555
Member
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Activity: 84
Merit: 10
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December 18, 2013, 07:43:25 PM |
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What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. |
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Kiki112
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December 18, 2013, 08:05:38 PM |
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What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. I don't understand why did they ban it, haven't they been making national reserves in bitcoin  |
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Bitcoin-hotep (OP)
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December 18, 2013, 08:12:24 PM |
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What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. I don't understand why did they ban it, haven't they been making national reserves in bitcoin They want the price to go down And all we have to do is make altcoins for the Chinese people If they can spend money on mining altcoins to buy bitcoins They can get back in all this |
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co5hike
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December 18, 2013, 08:25:16 PM |
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Definitively good time to buy Bitcoins when prices crashed, not sure if this is bottom though.
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tompa555
Member
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Activity: 84
Merit: 10
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December 18, 2013, 08:57:33 PM |
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Suppose it's all spinning about one thing. Profit is that thing. No matter is it BTC,LTC, $,Eu .... It's all about profit.
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poelling92
Legendary
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Activity: 994
Merit: 1002
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December 18, 2013, 09:00:52 PM |
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What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. I don't understand why did they ban it, haven't they been making national reserves in bitcoin No, China does not need national reserves in Bitcoin, Bitcoin market cap is small |
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RodeoX
Legendary
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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December 18, 2013, 09:06:24 PM |
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I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.
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Bitcoin-hotep (OP)
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December 18, 2013, 09:09:56 PM |
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Can you use block eruptors on altcoins?
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tompa555
Member
Offline
Activity: 84
Merit: 10
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December 18, 2013, 09:48:16 PM |
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I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.
You do the smart thing. How much goods were coming from China that you can buy for BTC ? |
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