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Author Topic: $620 - time to buy?  (Read 1704 times)
K128kevin2 (OP)
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June 01, 2014, 06:57:04 PM
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The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?
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Ohh Pewee
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June 01, 2014, 06:58:32 PM
 #2

The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

I would.  I don't see it going down much further, and it will inevitably go up again soon.
K128kevin2 (OP)
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June 01, 2014, 06:59:34 PM
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I bought a little bit, just half a bitcoin. I'll probably sell it if the price goes back up to where it was before and keep holding my other btc - easy $50 Smiley
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June 01, 2014, 06:59:41 PM
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Ask your neural network
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June 01, 2014, 07:00:15 PM
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10% drop in 10 minutes lol.  I just bought a coin.
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June 01, 2014, 07:00:34 PM
 #6

The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

We are probably hitting the next bubble. We will probably get a beartrap that will hit a lower value anyways we will probably be skyrocketing to a new ATH.
I strongly believe that if you want to buy a full 1BTC then this is your last chance unless you are really wealthy Wink.

P.S. I do not advise investing with money you cannot afford to lose!!

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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June 01, 2014, 07:02:43 PM
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10% drop in 10 minutes lol.  I just bought a coin.

I wish i still had fiat to buy bitcoins with.

The only reason for fiat nowadays is to buy bitcoins with it.
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June 01, 2014, 07:03:39 PM
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easy $50 Smiley

some people really dream small eh? )

i am satoshi
K128kevin2 (OP)
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June 01, 2014, 07:10:08 PM
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easy $50 Smiley

some people really dream small eh? )

Haha I am holding more for long term too
natewelt
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June 01, 2014, 07:26:16 PM
 #10

I bought some more at 631. It was only my second purchase with the first one being at 449 a couple weeks back. It seemed to me back then that the breakout from the downtrend was a good time to buy.

I see getting back to old the highs above 1K here soon. Not sure if it will stay there, but I at least expect a test of the old highs.
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June 01, 2014, 07:47:04 PM
 #11

The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

My feeling would be not buy now, but those with the charts might have a better idea.

I do not see this as a breakout rally, so it will keep bobbling over 1-2 months time.
DolanDuck
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June 01, 2014, 10:25:49 PM
 #12

Yes you should definetely buy at this price, in the following weeks we will see a steady growth.
Untill now bitcoins were undervalued because of the bad news of the last months.

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BTCfan1
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June 01, 2014, 11:00:16 PM
 #13

The price seems to have dropped steeply all of a sudden from about $675 to $620. I'm thinking of picking up some more btc, I feel like it will inevitably go back up again. What do you guys think?

We are probably hitting the next bubble. We will probably get a beartrap that will hit a lower value anyways we will probably be skyrocketing to a new ATH.
I strongly believe that if you want to buy a full 1BTC then this is your last chance unless you are really wealthy Wink.

P.S. I do not advise investing with money you cannot afford to lose!!


I agree, best to get in soon or else be faced with buying fractions of a bitcoin instead of whole bitcoins at a time Smiley
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June 02, 2014, 03:44:30 AM
 #14

75% of the people around here will always tell you it's a time to buy no matter what the price is... Smiley
K128kevin2 (OP)
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June 02, 2014, 03:50:11 AM
 #15

75% of the people around here will always tell you it's a time to buy no matter what the price is... Smiley

Haha that's probably true actually
TERA
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June 02, 2014, 04:09:15 AM
 #16

This thread is a little late. The time to buy was at $460. Where were you then?
KonstantinosM
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June 02, 2014, 04:28:38 AM
 #17

This thread is a little late. The time to buy was at $460. Where were you then?

The time to buy is anywhere under 2k!

Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
Wilhelm
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June 02, 2014, 06:18:46 AM
 #18

This thread is a little late. The time to buy was at $460. Where were you then?

The time to buy is anywhere under 2k!

If you can afford it hoard it!!! Cheesy

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
bryant.coleman
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June 02, 2014, 06:20:34 AM
 #19

Some idiot dumped almost 3,400 coins in BTC-E, when the exchange rate was going at $665. Immediately the price went down to $617. I am seeing a similar dump in Bitstamp as well. These guys are quite organized.  Grin
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June 02, 2014, 07:28:02 AM
 #20

Some idiot dumped almost 3,400 coins in BTC-E, when the exchange rate was going at $665. Immediately the price went down to $617. I am seeing a similar dump in Bitstamp as well. These guys are quite organized.  Grin

most of bots using arbitrage )
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