jonald_fyookball (OP)
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Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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May 25, 2014, 08:08:06 PM |
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yeah... price is going up...
i have "enough", but why not 1 more.
might as well get em now while its cheap.
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Alley
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Activity: 910
Merit: 1000
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May 25, 2014, 08:20:49 PM |
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Im going to buy all the way up to $1,000 then just watch my coins rise in value. Course ill still buy what I need tp spend.
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Cryptopher
Legendary
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Activity: 1789
Merit: 1008
Keep it dense, yeah?
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May 25, 2014, 08:22:32 PM |
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So I gauge that this topic is more of a statement, but I'll take it as a discussion for whether we are on the verge of another bubble of new money entering the market.
How many is 'enough' if you don't mine me asking?
I bought 1.97 BTC in total, but have traded my way to stay in profit, one of the BTC I bought was over $1000 :O
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beetcoin
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May 25, 2014, 08:53:08 PM |
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i haven't bought any in over a year.. bitcoin's too volatile for my blood. i guess i'm just conservative like that. i'm well aware that whatever amount i have, there's a good chance it will be worth nothing.
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TPN
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Activity: 193
Merit: 100
How did it get so late, so soon?
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May 25, 2014, 08:53:37 PM |
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I think I will keep buying til it becomes mainstream.
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Barnabe
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May 25, 2014, 08:56:44 PM |
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I still don't know if I really want to buy some ... The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ... I wish there was an ATM in my city  |
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RockHound
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May 25, 2014, 09:26:10 PM |
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yeah... price is going up...
i have "enough", but why not 1 more.
might as well get em now while its cheap.
Good man Jonald! You've been in this space long enough to know BTC price index is volatile - but it's still crazy cheap compared to what everyone on here thinks it has potential to reach! Lost my job last year, but if I was still salaried - I would be tempted to put 45% into BTC each month regardless of price. |
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Dimrain13
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Activity: 61
Merit: 10
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May 25, 2014, 10:23:07 PM |
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I think I will keep buying til it becomes mainstream.
True hipsters do what they want :p |
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pinksheep
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May 25, 2014, 10:32:05 PM
Last edit: May 25, 2014, 11:21:23 PM by pinksheep |
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I still don't know if I really want to buy some ... The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ... I wish there was an ATM in my city Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes. Everyone single one of my BTC were bought through it. |
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Cryptopher
Legendary
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Activity: 1789
Merit: 1008
Keep it dense, yeah?
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May 25, 2014, 10:50:42 PM |
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I still don't know if I really want to buy some ... The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ... I wish there was an ATM in my city Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes. And what site is it that you are referring to? Was surprised that you didn't mention it  |
Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT |
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pinksheep
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May 25, 2014, 11:20:47 PM |
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I still don't know if I really want to buy some ... The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ... I wish there was an ATM in my city Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes. And what site is it that you are referring to? Was surprised that you didn't mention it Thought mentioning it might constitute spamming & I don't want to lose my signature progamme. |
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MoneyGod
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May 25, 2014, 11:25:22 PM |
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Currently I will also suggest just keep buying until its touch 1000$ its best investment for long term basis
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General
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Activity: 106
Merit: 10
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May 25, 2014, 11:30:00 PM |
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From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.
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Ibian
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Activity: 2268
Merit: 1278
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May 26, 2014, 12:06:24 AM |
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I'm planning to buy all the way to 1500, then sit back and wait for the top.
My thinking is this: Whenever we have a rally towards a new ATH it is followed by a drop to somewhere above the previous ATH. Last ATH was 266, and it dropped to 380 or so. Current ATH is just over 1k, so the next bottom is likely to be in the 1500-2000 range.
Unfortunately it will be another month until I have any spare fiat, but oh well.
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Look inside yourself, and you will see that you are the bubble.
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RUEHL
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May 26, 2014, 12:11:40 AM |
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Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish. Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth. I'm not a big player like some of you gents.  |
Donate BTC: 1FzpMgR34pJbEqtiMEujRiidoL7PgGPaUH
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Ibian
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Activity: 2268
Merit: 1278
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May 26, 2014, 12:20:38 AM |
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Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish. Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth. I'm not a big player like some of you gents. Maybe not now, but in a few years? I can already see people posting about how they wish they had had the foresight to buy ONE. WHOLE. COIN. back when it was still cheap at 10k. |
Look inside yourself, and you will see that you are the bubble.
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quone17
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May 26, 2014, 12:22:36 AM |
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It does seem like we're rolling again. I would think in the next month we'll take a shot at at least $800 or maybe even $1000. Seems the logical place to go. We might now take out those numbers but is be surprised if it stopped now or at $700.
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jonald_fyookball (OP)
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Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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May 26, 2014, 12:24:29 AM |
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Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish. Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth. I'm not a big player like some of you gents. Maybe not now, but in a few years? I can already see people posting about how they wish they had had the foresight to buy ONE. WHOLE. COIN. back when it was still cheap at 10k. That's a great vision...and honestly, I think it will happen like that. |
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Cryptopher
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Activity: 1789
Merit: 1008
Keep it dense, yeah?
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May 26, 2014, 10:46:58 PM |
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From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.
It could be a difficult act to follow this time around. The fact that it shot up so much means that trying to maintain at least 2.5x growth is nuts. Hell, we may be looking at shrinkage this year, who knows. Interesting point you make though. |
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General
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Activity: 106
Merit: 10
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May 26, 2014, 10:54:08 PM |
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From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.
It could be a difficult act to follow this time around. The fact that it shot up so much means that trying to maintain at least 2.5x growth is nuts. Hell, we may be looking at shrinkage this year, who knows. Interesting point you make though. You're right that we're not on track but I remember when I thought the same thing when it lingered at 100 USD for months until it shot to 300 and then eventually 1,150 within a month. We'll see -- hopefully it does follow the trend we've seen thus far. |
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