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Rygon
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March 31, 2014, 02:25:34 PM |
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The price was never really $1200 because it only existed on MtGox. At the time, the price was around $1000 everywhere else. I think the only people buying at those inflated prices on MtGox were people desperate to get their funds off the exchange since fiat was restricted.
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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March 31, 2014, 02:31:43 PM |
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This might be the right time to buys some bitcoins
On the other hand the way prices are drowning this might even go down
No one knows whats coming tomorrow
Now is clearly a much better time to buy than when the price was $1,200 Holding is not a profitable strategy. Selling at 1,200, then buying at 450...now there's a good outcome. ..you end up with nearly three times as many bitcoins! On the other hand, most people, and I mean more than 90% of the members, would have more btc now if they just bought and hold than what they did The early adopters that had huge stacks at the end of 2013 and were in a position to make a huge profit were those who were extremely strong believers of Bitcoin and never sold in the previous spike up in price and those who forgot about their bitcoins; of course if you have a successful Bitcoin business or if you were a successful trader or person who had informations you could have increase your btc holdings tremendously but for the vast majority buying&holding has the most ev
Holding always work; you buy and you hold : it's easy and you will probably have the most profit
EDIT 460$!
How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450? I am saying that it is a good strategy to buy and hold for long term instead of playing trends and playing the markets if you are not a trader, you are more likely to sell low and buy high than the opposite |
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n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
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March 31, 2014, 02:33:14 PM |
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If the news from China will be like the rumors of the last days (Bank of China will ban the bitcoin) bitcoin will go down or will stay in this levels for a long time. So don't rush to buy guys.... You will have all the time....
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boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
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March 31, 2014, 02:35:14 PM |
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The price was never really $1200 because it only existed on MtGox. At the time, the price was around $1000 everywhere else. I think the only people buying at those inflated prices on MtGox were people desperate to get their funds off the exchange since fiat was restricted.
And the people selling at 1200$ on gox probably didn't get their fiat.. |
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igorr
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March 31, 2014, 07:26:01 PM |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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durrrr
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April 01, 2014, 01:06:21 AM |
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can someone verify this is true? this would be the best news this year if true ! bitcoin to te mooon |
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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April 01, 2014, 02:08:26 AM |
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The price was never really $1200 because it only existed on MtGox. At the time, the price was around $1000 everywhere else. I think the only people buying at those inflated prices on MtGox were people desperate to get their funds off the exchange since fiat was restricted.
...the price was around $1000 everywhere elseHigher. BTC-e went very close to $1100 Stamp went over $1100 (I'm pretty certain) probably ~$1140 ish |
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DustyRah
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April 01, 2014, 02:44:10 AM |
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I agree...now is a good time get back into the game. :-)
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Nagle
Legendary
Offline
Activity: 1204
Merit: 1002
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April 01, 2014, 03:16:21 AM |
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http://fiatleak.com/Chinese have found out about this news and they're currently buying BTC in droves before the price goes back up. Fiatleak.com is an illusion. They have no info about how much fiat is flowing into any exchange. They're just showing transactions within an exchange. Could be new money, but probably is the same money trading back and forth. |
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MickGhee
Legendary
Offline
Activity: 1428
Merit: 1001
Fucker of "the system"
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April 01, 2014, 03:31:10 AM |
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Btc went from less than 50 to 250 then slowly went to 70 over 3. Weeks it shot yo 1100 then slowly declined to below half of that... now " I wonder whsts next" previous patterns indicate a huge recovery even a record high
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Last night, while you were sleeping. I fucked the system!
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maurya78
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April 01, 2014, 06:04:53 AM |
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I wouldnt buy yet, too uncertain
But hold and watch
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troy112
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April 01, 2014, 06:07:46 AM |
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Dont belive int this news its just a hoax. Someone just put it to get some momentum in the prices. I wont be buying just yet
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Lannister
Full Member
Offline
Activity: 140
Merit: 500
I'm blocking all private messages. Use Bitmessage!
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April 01, 2014, 06:09:55 AM |
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buy at 440 a few days ago hope it recover to $650 again  |
No, I will not disclose my real name on the Internet. The very simple reason I’m anonymous is so that I can talk freely about a free web. One mistake people often make is having the faulty assumption that knowing my real name or my association with a respected person, group or organization might get them to trust me more. In fact, I have no authority here. Elastic Project is a loosely associated group of developers which constantly changes over time. If you prefer projects with a more centralized structure, then please move on. Specifically, I kindly ask you to refrain from any messages that try to convince me of the contrary. My time is too valuable to be wasted with the same discussion again and again.
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maurya78
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April 01, 2014, 06:15:13 AM |
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I have a sense that we are gonna be stuck in 400-600 mode for a while yet
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n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
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April 01, 2014, 03:17:06 PM |
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I have a sense that we are gonna be stuck in 400-600 mode for a while yet
If the bitcoin will be banned from Central Bank of China I bet that for a few time will go under 400$... |
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crocko
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April 01, 2014, 03:22:58 PM |
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$480 now
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Find my posts helpful? Click my Trust link and rep me!
| BTC: 1MqUxoDQE8Q88sDvoaLMbBJSMToSfPgKSy | | DOGE: D61Na9wjuneAn9GFLRNrHgWHHFwVfd1T7y | | LTC: 3Luo136zrqkCi53jT72FEY52GbwW1ZYi6X |
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Teodor
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April 01, 2014, 03:36:14 PM |
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Is today the 1st of April?!   |
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igorr
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April 01, 2014, 03:36:40 PM |
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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yefi
Legendary
Offline
Activity: 2842
Merit: 1511
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April 02, 2014, 10:34:09 PM |
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The price was never really $1200 because it only existed on MtGox. At the time, the price was around $1000 everywhere else. I think the only people buying at those inflated prices on MtGox were people desperate to get their funds off the exchange since fiat was restricted.
It went to the equivalent of $1245 USD in China (CNY/USD as of 30-NOV-13 being ~0.164). |
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