Is bitcoin a buy at these levels?

[Stratobitz]

In terms of buying at current prices in the 450s with USD through Coinbase. Thoughts?

[1714020817]

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[1714020817]

1714020817

[Sindelar1938]

Medium to long term, absolutely imho

Might see low 400's again so your call

[Bit_Happy]

Yes.
The price will be higher in the future.
If it goes down? ....... Buy more.

[Beliathon]

In terms of buying at current prices in the 450s with USD through Coinbase. Thoughts?

A few.

[meawleir21]

I think it's a suitable place to buy at, you can never know though as BTC do unpredictable activity based on the market and the price might go lower.

[jonald_fyookball]

Many people were buying at twice the price. 

[Zimbabwecoin]

I have been buying... just now... " I just bought 1.0 bitcoin"

[RomertL]

Bought a few coins recently. If you have cash you don't need for a couple of month, buy Bitcoin. Could probably go below 400 after 15 April  due to the China ban rumor if it turn out to be true... Or up if nothing happens. Either way it will go up longer term.

[DhaniBoy]

i am waiting 15 april
hope BTC price will down and buy some BTC again
sold all of my BTC at $700 last month

[Shak]

if bitcoin is going to be adapted, every price below 1000$ will be a good buy. so long term, i can advise on buying right now (have also bought some more on monday).

medium term... who knows, it could go lower, sure... in this case i'll buy some more, as i said above, as long as it is below 1000$. a few hundred bucks every end of the month.

short term... well, this sword of damocles (15th) is surely dangling above our heads, but the price should already reflect this uncertainty. if china goes down the western exchanges will have a dip but recover within a few days (sheep selling), if china stays in somehow (again) the price will rise somewhat to 550 (my crystal ball perk - aquired after passing through two years of fud)

[ShroomsKit]

Yes.
The price will be higher in the future.
If it goes down? ....... Buy more.

Amazing that you know this! Are you from the future or do you simply have a crystal ball?

[mintodev]

Yes.
The price will be higher in the future.
If it goes down? ....... Buy more.

Amazing that you know this! Are you from the future or do you simply have a crystal ball?

Haha, if he knows future, he would not post here, rather he will buy it and wait

[ShroomsKit]

Yes.
The price will be higher in the future.
If it goes down? ....... Buy more.

Amazing that you know this! Are you from the future or do you simply have a crystal ball?

Haha, if he knows future, he would not post here, rather he will buy it and wait

I bet he's selling his house and getting a big ass loan as we speak. Since he knows where the price will go he will be a billionaire in no time.

[mintodev]

Yes.
The price will be higher in the future.
If it goes down? ....... Buy more.

Amazing that you know this! Are you from the future or do you simply have a crystal ball?

Haha, if he knows future, he would not post here, rather he will buy it and wait

I bet he's selling his house and getting a big ass loan as we speak. Since he knows where the price will go he will be a billionaire in no time.

You are right

[koryu]

i follow three simple rules:

only spend money you dont need for something else in the near future
only buy when you think the price is adequate (decide on your own)
don't be greedy

[Asrael999]

One of the hedge fund managers on one of the panels at the inside bitcoin conference in New York described Bitcoin at the moment as akin to an option with no expiry date. (standard financial option contracts have an expiry/maturity date)

that is you pay an upfront premium with a known downside (circa $450 at the moment) for a potential 10+ times payout.

You can decide if its a cheap enough option, but its definitely one worth holding in my opinion.

[eiskalt]

In terms of buying at current prices in the 450s with USD through Coinbase. Thoughts?

As far as chart history could be used as an indicator, a downcross of the 1d SMA 50/200 does not imply a good buying opportunity.

Of course it could bounce back shortly to the lower $500s, but price within the next 2-3 months will most likely continue to decline.

[hodlmybtc]

I'm buying and holding, will buy more if the price drops below $400

[jonald_fyookball]

In terms of buying at current prices in the 450s with USD through Coinbase. Thoughts?

As far as chart history could be used as an indicator, a downcross of the 1d SMA 50/200 does not imply a good buying opportunity.

Of course it could bounce back shortly to the lower $500s, but price within the next 2-3 months will most likely continue to decline.

MA crossovers are pretty crude TA... not really that useful even in a highly technical and liquid market such as forex.
...and even less applicable in the Bitcoin market.

[wobber]

Bitcoin is never a buy. Whoever wanted bitcoin, has it. Speculators now think 450 is expensive. They say today 350 is cheap. But at 350 they'll wait for 200.

Nobody cares about BTC, but about fiat. And even the long term bulls want more BTC because they have more leverage in terms of fiat.

But every now and then we get MyBitcoin and MtGox incidents that level off things. So, don't worry, even if you profit today by buying low, you have all the chances of the exchange being hacked, run off, your wallet stolen somehow etc.