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r1973 (OP)
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May 05, 2014, 02:10:39 PM |
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is it good that the bitcoin's rate is falling these days? It's now about 427 USD... Was much higher a few weeks/months ago... Will the glory days return?
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shorena
Copper Member
Legendary
 Offline
Activity: 1498
Merit: 1540
No I dont escrow anymore.
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May 05, 2014, 02:18:53 PM |
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is it good that the bitcoin's rate is falling these days? It's now about 427 USD... Was much higher a few weeks/months ago... Will the glory days return?
Depends if you want to buy the low price is good for you. If you want to cashout the price might be bad for you. Noone will be able to tell you what the future will bring. |
Im not really here, its just your imagination.
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activebiz
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May 05, 2014, 02:25:01 PM |
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Im sure some traders are making a lot of profit from the price swings
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r1973 (OP)
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May 05, 2014, 02:26:27 PM |
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Im sure some traders are making a lot of profit from the price swings
thus to the average saver - it's bad... i bought some bitcoins when the price was around 500UDS - I'm loosing money these days. |
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shorena
Copper Member
Legendary
Offline
Activity: 1498
Merit: 1540
No I dont escrow anymore.
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May 05, 2014, 02:28:35 PM |
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Im sure some traders are making a lot of profit from the price swings
thus to the average saver - it's bad... i bought some bitcoins when the price was around 500UDS - I'm loosing money these days. No you only loose money if you sell now. |
Im not really here, its just your imagination.
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marife01
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May 05, 2014, 03:10:11 PM |
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It is $ 429.58 now as per the site I visited. I think it is again getting better.
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r1973 (OP)
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May 05, 2014, 03:33:41 PM |
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marife01
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May 05, 2014, 03:57:17 PM |
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Okay thanks. Had a look on the site and BTC is higher there than I thought. |
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Divinespark
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May 06, 2014, 08:19:58 AM |
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I certainly hope so  |
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Coef
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May 06, 2014, 09:26:05 AM |
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is it good that the bitcoin's rate is falling these days?
If you have bought some bitcoin weeks ago, it is probably bad for you. If you want to buy some cheap bitcoin, it is probably good for you. If you are a merchant accepting bitcoin payment and using bitpay, you probably don't care about the bitcoin price.  |
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r1973 (OP)
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May 06, 2014, 09:37:31 AM |
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i have bought a few bitcoins a couple of weeks ago (under 500 USD), now i am wondering will it ever reach again that value, as the digital coin has some quit a few who would love to see it keep on falling...
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Coef
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May 06, 2014, 09:42:48 AM |
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i have bought a few bitcoins a couple of weeks ago (under 500 USD), now i am wondering will it ever reach again that value, as the digital coin has some quit a few who would love to see it keep on falling...
IMHO, the price will go up but I don't know when it will reach $500 or $1000. You can find lots of speculation of bitcoin price in the speculation section. https://bitcointalk.org/index.php?board=57.0 |
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dreamspark
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May 06, 2014, 10:24:05 AM |
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Either way, follow the golden rules of bitcoin,
Dont invest more than you can afford to lose.
Dont take advice from peopel on the internet
Dont store your btc somewhere that you dont control the keys.
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r1973 (OP)
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May 06, 2014, 01:58:27 PM |
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Either way, follow the golden rules of bitcoin, Dont invest more than you can afford to lose. Dont take advice from peopel on the internet
Dont store your btc somewhere that you dont control the keys. Can you explain? Why not to take advice from people on the net? |
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dreamspark
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May 06, 2014, 02:16:16 PM |
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Either way, follow the golden rules of bitcoin, Dont invest more than you can afford to lose. Dont take advice from peopel on the internet
Dont store your btc somewhere that you dont control the keys. Can you explain? Why not to take advice from people on the net? Well for technical support or something yeah fine but for financial advice why would you listen to anyone here. Do you think they have your best interest at heart? Do you think they are talking their book? How do you feel when you put money into something and then you lose it? You will just be another one of the 100's of people moaning about so and so told me to buy this etc. |
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marife01
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May 14, 2014, 05:19:46 AM |
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Either way, follow the golden rules of bitcoin,
Dont invest more than you can afford to lose.
Dont take advice from peopel on the internet
Dont store your btc somewhere that you dont control the keys.
"Dont invest more than you can afford to lose." - Very much agree with this.  |
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