Is now the best time for new people to invest?

[lindeanin]

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 ?

Most goods is from China. A lot of bad paid workers there

[1714982326]

1714982326

[Bitcoin-hotep]

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 ?

Exactly Bitpay and Gyft are still up so I don't see a problem

[bellakg]

I have just started mining altcoins but it's  already clear to me that BTC price is the main driving factor for them. I hope there will be another jump  in 2014  

[pawel7777]

Don't think anyone knows for sure is it a good time or not, it's all a guessing game. If by investing you mean buying BTC, not mining hardware - I'd say yes, it seems like a good time. I'll be surprised if btc doesnt bounce back to at least $800 in the next month or so.

[tompa555]

I don't think that mining BTC is still a option. It's to hard to mine right now.Maybe best thing is to buy them now and sell them later if the price goes up.
Maybe several months must pass by before price goes up, how knows.  

[t3xasdolly]

I don't think that mining BTC is still a option. It's to hard to mine right now.

If you have the mining hardware already, just mine and hold the coins for better times.

[pompiedom]

Can you use block eruptors on altcoins?

Yes, but only the ones based on SHA-256 (a lot/most of the altcoins are based on SCRYPT).

[Raisorblade]

buy now, end of this week it will be 760.

[tompa555]

I don't think that mining BTC is still a option. It's to hard to mine right now.

If you have the mining hardware already, just mine and hold the coins for better times.

I agree and disagree. If the electricity part is big maybe is better to mine some other coins where you can mine great values of them and wait for better times

[Gekcoin]

Until the end of january there is sell pressure on the market. See https://bitcointalk.org/index.php?topic=376423.0

[kore]

You never really know. It could drop more or it could shoot up. It's a gamble. However if you're in it for the long run, I think it will turn out good.

[Bitcoin-hotep]

I don't think that mining BTC is still a option. It's to hard to mine right now.

If you have the mining hardware already, just mine and hold the coins for better times.

I would mine alts

[terman45x]

I don't think that mining BTC is still a option. It's to hard to mine right now.

If you have the mining hardware already, just mine and hold the coins for better times.

I agree and disagree. If the electricity part is big maybe is better to mine some other coins where you can mine great values of them and wait for better times

Bitcoin ASIC mining does not cost much electricity, like 20% of BTC price. GPU minig Scrypt coins is much worse

[Gekcoin]

You never really know. It could drop more or it could shoot up. It's a gamble. However if you're in it for the long run, I think it will turn out good.

No its not a gamble. Its a question of demand and supply. As far as there is more supply because the Chinese have forbidden bitcoins and Mr. Lee and Mrs. Chang HAVE to sell their coins, than the price will go done. They own approx. 20-30% of all bitcoins. Or in other words: if you buy bitcoin now, you pay a Chinese bill. Do you like that idea?

[terman45x]

You never really know. It could drop more or it could shoot up. It's a gamble. However if you're in it for the long run, I think it will turn out good.

No its not a gamble. Its a question of demand and supply. As far as there is more supply because the Chinese have forbidden bitcoins and Mr. Lee and Mrs. Chang HAVE to sell their coins, than the price will go done. They own approx. 20-30% of all bitcoins. Or in other words: if you buy bitcoin now, you pay a Chinese bill. Do you like that idea?

It doesnt matter who you pay, it is now cheap Bitcoin anyway in my opinion

[MMA]

lost nearly half its value

[plymouthforextraders]

I have Domain names  www.barclaysbitcoin.co.uk  and www.lloydsbitcoin.com  does anyone have any advice on what I should do with them please ??

Any advice would be greatly appreciated Thank You

[black_swan]

If it doesn't drop below previous low we are going up from now
so yes, buy I'd buy some

[young3dvard]

lost nearly half its value

There were worse crashes in Bitcoin history (27->2 and 266-50), and recovered

[batboy]

I wager that it will go lower. But that is just my opinion. Nevertheless I would still buy some while it is in the 400-500 range.