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Author Topic: $640 good price to buy?  (Read 5274 times)
Shak
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March 11, 2014, 09:37:16 AM
 #21

just keep in mind: the same question was asked at 0.05 dollar, at 1 dollar, at 40 dollar, at 100 dollar... etc.
and the answer is still the same: who knows? bitcoin could go up if it succeeds. and it may crash down to next to nothing. apply the same rule as for penny stocks: if you throw away money on cigarettes, alkohol, online games and so on, think about investing a similar amount of money into bitcoin. and not a single cent more. don't let greed take over and cloud your perception, bitcoin has still no use today. you just place a bet on a horse that seems to be in good condition, but thats all.

edit:

a more specific advise: during the latest hearings, some were saying they are advising a lot of clients on how to make use of bitcoin within their company structure. i expect some of them to succeed, resulting in a mid-term (6-8 month) rise in btc prices (again, not driven by use of bitcoins, but speculation on what may come next)
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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alexeft
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March 11, 2014, 11:38:44 AM
 #22

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink
BitChick
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March 11, 2014, 06:36:03 PM
 #23

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink

August?  Can it be a month or two earlier?  Wink 

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av123
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March 11, 2014, 06:51:50 PM
 #24

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink

Are you predicting August based on the length of time between the peak of the last bubble and August 2014 (approximately 8 months)?

I hope you are right.
dyland
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March 11, 2014, 07:37:45 PM
 #25

Think we might see the mid 500s again before we pull up again

+1

in about 21-28 days trend reversal.

Blackcoin ~ 10 second transactions (fastest coin) ~ 100% proof of stake (the first) ~ No wasteful mining (most efficient)
sgbett
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March 11, 2014, 09:29:16 PM
 #26

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink

August?  Can it be a month or two earlier?  Wink 

Might be July, but theres no rush eh Smiley

One thing, I'd hate to be on the wrong side of the trade at the moment, unsure of when to buy back in.... watching it go higher ... sure that there will be a correction where I can jump in...

Smell the fear Cheesy

I'll be over here sipping scotch. Wink

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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Ibian
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March 11, 2014, 09:35:12 PM
 #27

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink

August?  Can it be a month or two earlier?  Wink 

Might be July, but theres no rush eh Smiley

One thing, I'd hate to be on the wrong side of the trade at the moment, unsure of when to buy back in.... watching it go higher ... sure that there will be a correction where I can jump in...

Smell the fear Cheesy

I'll be over here sipping scotch. Wink
Right there with you. I don't particularly care if the price jump ten bucks or a hundred in either direction right now. Just waiting for it to hit 1k+ so I can start withdrawing as per the SSS plan. Nice and relaxed.

Look inside yourself, and you will see that you are the bubble.
BitChick
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March 11, 2014, 09:36:46 PM
 #28

Seeing as I bought at $1000, yes, $640 is a GREAT price to buy....

 Angry

It's coming in August!!!  Wink

August?  Can it be a month or two earlier?  Wink 

Might be July, but theres no rush eh Smiley

One thing, I'd hate to be on the wrong side of the trade at the moment, unsure of when to buy back in.... watching it go higher ... sure that there will be a correction where I can jump in...

Smell the fear Cheesy

I'll be over here sipping scotch. Wink

I have some vacation plans I want to make, as well as a mission trip to India I am trying to fund and if the price goes up before then I will be able to fund both.  Otherwise it will be much harder.

But yes, there is "no rush" I guess. Wink


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keithers
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March 11, 2014, 10:10:49 PM
 #29

I think there is going to be some serious resistance when we finally hit the 1k mark again.   I think there are a lot of people holding out and waiting for it to hit 1k so that they can sell at a profit, or break even if they bought near the height of the market.   Psychologically $1,000 seems much higher than a price in the $900s even though it isn't much of a difference...
st4nl3y
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March 11, 2014, 10:16:05 PM
 #30

I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.
BitChick
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March 11, 2014, 10:16:14 PM
 #31

I think there is going to be some serious resistance when we finally hit the 1k mark again.   I think there are a lot of people holding out and waiting for it to hit 1k so that they can sell at a profit, or break even if they bought near the height of the market.   Psychologically $1,000 seems much higher than a price in the $900s even though it isn't much of a difference...

I would agree with you, expect everyone thought the same thing in November.  There were some people that sold after we reached the first ATH at $266, then some people sold all of their coins when the price doubled the ATH at $500.  Then it reached over $1000.

There might be some selling at $1000 but don't underestimate people ability to panic buy!  Grin

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BitChick
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March 11, 2014, 10:17:13 PM
 #32

I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.

I think everyone that has "dumped" already did so after the Mt. Gox fiasco.  There are plenty of people waiting on the sidelines that will buy as the price moves up.  Just wait and you will see. Wink

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Ibian
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March 11, 2014, 10:22:26 PM
 #33

I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.
That would be the status quo.

Look inside yourself, and you will see that you are the bubble.
st4nl3y
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March 11, 2014, 10:24:02 PM
 #34

I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.

I think everyone that has "dumped" already did so after the Mt. Gox fiasco.  There are plenty of people waiting on the sidelines that will buy as the price moves up.  Just wait and you will see. Wink

I am talking about 750k stolen gox coins. I am talking about recent 200k coins move.
The people that dumped already are the ones who panic sold on other exchanges after mt.gox collapse.
GodHatesFigs
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March 12, 2014, 11:36:23 AM
 #35

Just buy and hold with a dollar cost averaging strategy.
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March 12, 2014, 07:11:44 PM
 #36

$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...
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March 12, 2014, 10:13:21 PM
 #37

$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed
st4nl3y
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March 12, 2014, 11:18:24 PM
 #38


its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

WOW
If that happens i will be a millionaire  Cool
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March 13, 2014, 08:55:22 AM
 #39

$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

I will  be surprised if anything will happen at all. It will take some times to wash away the goxxxie thingy.


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podyx
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March 13, 2014, 09:00:32 AM
 #40

$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

I will  be surprised if anything will happen at all. It will take some times to wash away the goxxxie thingy.

how so? i think most people realize gox has nothing to do with bitcoin
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