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Author Topic: Who wishes they had bought bitcoin when it was $540 or so?  (Read 9797 times)
Mega Thrusters Are Go (OP)
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June 07, 2014, 02:18:39 AM
 #1

The recent price just has me kicking myself for not buying in. Add in the fact you can now trade bitcoins on your iPhone and it's just hurts.

Also, who think it's weird that bitcoins top out at $600-650 or thereabouts. I think a lot of people got burned buying at $600-1000 during that big boom, and are cashing out as soon as they break even.

Thoughts?
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June 07, 2014, 02:25:29 AM
 #2

It's not really staying even at $650, the price has only been here for a few days, compared to the $440s for almost a month.

I actually wish I bought Bitcoin when it was at $1, or less. Wink

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June 07, 2014, 02:28:49 AM
 #3

The recent price just has me kicking myself for not buying in. Add in the fact you can now trade bitcoins on your iPhone and it's just hurts.

Also, who think it's weird that bitcoins top out at $600-650 or thereabouts. I think a lot of people got burned buying at $600-1000 during that big boom, and are cashing out as soon as they break even.

Thoughts?

We all missed out on a great deal!
Mega Thrusters Are Go (OP)
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June 07, 2014, 02:31:56 AM
 #4

It's not really staying even at $650, the price has only been here for a few days, compared to the $440s for almost a month.

I actually wish I bought Bitcoin when it was at $1, or less. Wink

We all wish we had bought in back then. Stupidly I listened to the goons at Something Awful, who have pooh-pooh'd the idea from the very beginning, even as the price has gone into the stratosphere.
Swordsoffreedom
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June 07, 2014, 02:34:50 AM
 #5

It's not really staying even at $650, the price has only been here for a few days, compared to the $440s for almost a month.

I actually wish I bought Bitcoin when it was at $1, or less. Wink

Similar sentiment here any price under $1000 is still a reasonable price to me as in pre next bull market
That said I got some at the price you mentioned but then it went to 450 to 430 and made me go U_U
Plus the time it takes for money to move from bank to exchange to Bitcoin takes a while but when its in Bitcoin its done
So it is all relative to me

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bitbaby
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June 07, 2014, 02:34:57 AM
 #6

Infact I sold at $530, I thought it was a good price and it would start to go down, I did made profit but if I had kept it for a little longer I would have made a bit more.

fryarminer
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June 07, 2014, 02:38:44 AM
 #7

When it hit $360 for that brief moment a month or so ago, I went into a panic. I actually got scared that it would tank down to $200 or less. So at first I got scared, (didn't sell of course), and then I thought "eh, I'll wait until it hits 2 and then buy."

Now I'm kicking myself I didn't buy at $360. Really kicking myself.


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June 07, 2014, 03:08:03 AM
 #8

When bitcoin reaches $5,000+ is it really going to matter if you bought in at $540 or $640?
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June 07, 2014, 03:13:45 AM
 #9

The recent price just has me kicking myself for not buying in. Add in the fact you can now trade bitcoins on your iPhone and it's just hurts.

Also, who think it's weird that bitcoins top out at $600-650 or thereabouts. I think a lot of people got burned buying at $600-1000 during that big boom, and are cashing out as soon as they break even.

Thoughts?

I got burned a bit. Bought too much during that bubble, but I bought more at lower prices and I'm certainly not cashing out at break even.  I even don't regret buying during that spike because there was no way for me to know it would crash and I didn't want to miss getting in.  

Anyway who cares about $540 vs $650, that's only a 20% difference.  Just get in if you're not in.

beetcoin
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June 07, 2014, 03:25:23 AM
 #10

who doesn't wish that? i would have bought at $400 if i had the money at the time. i don't really regret it though, since i didn't have hte money at the time.
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June 07, 2014, 03:54:59 AM
 #11

who doesn't wish that?
Those of us who actually did it?

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Ron~Popeil
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June 07, 2014, 05:02:21 AM
 #12

I am kicking myself for not paying attention to BTC sooner. Been playing catch up since March.

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June 07, 2014, 05:15:08 AM
 #13

If you're here for the long haul then there really isn't anything wrong with buying now and waiting for the price to eventually rise (as Bitcoin gains traction and the necessary supporting infrastructure is created and refined). Of course, if you're expecting another bubble and it to burst you could try getting in at the bottom of the bubble, but for all you know that bottom could still be higher than where we are now (same with the $150 to $1000 bubble - we never saw it reach $150 again).
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June 07, 2014, 05:19:21 AM
 #14

If you're here for the long haul then there really isn't anything wrong with buying now and waiting for the price to eventually rise (as Bitcoin gains traction and the necessary supporting infrastructure is created and refined). Of course, if you're expecting another bubble and it to burst you could try getting in at the bottom of the bubble, but for all you know that bottom could still be higher than where we are now (same with the $150 to $1000 bubble - we never saw it reach $150 again).

If you look at the charts the bottom trend line is more exciting than the peaks. We have found a higher floor in each bear market. Usually a 10% or better increase.

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June 07, 2014, 05:53:17 AM
 #15

How many of these threads has this forum seen over the course of the last 2-3 years? Always the same theme, "oh, it was such a great deal at ______$, now it's too expensive"

People just don't get it. It's not going to stop.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
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June 07, 2014, 05:55:50 AM
 #16


hehehe

That actually happened to me by accident. I had a limit order on Bitstamp at 520 or so, and completely forgot about it. One day I log into Stamp, and I see +10 BTC. One of the best days ever.
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June 07, 2014, 06:05:28 AM
 #17

Kinda wish i bougbt at 5,10,15 20 etc etc... not so mucb $540 lol

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June 07, 2014, 06:10:45 AM
 #18

How many of these threads has this forum seen over the course of the last 2-3 years? Always the same theme, "oh, it was such a great deal at ______$, now it's too expensive"

People just don't get it. It's not going to stop.
+1
your always going to see people saying they missed the boat, but never actually get on
$6-$20 - they missed the $6 boat now its too expensive
$20-$70 - they missed the boat  now its too expensive
$60-$270 - they missed the boat now its too expensive
$200-$1000 - they missed the boat now its too expensive
$450-$650 - they missed the boat now its too expensive
$600 - ?? ?? - they're too afraid to get onboard now its too expensive
(later) - they missed the boat


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June 07, 2014, 06:14:33 AM
 #19

When bitcoin reaches $5,000+ is it really going to matter if you bought in at $540 or $640?

No it won't really matter too much at that point. I personally believe that it is ALWAYS a good time to buy bitcoin no matter what the price is. Bitcoin is the best long term investment you could ever make. Come back to this post in 5 years and thank me Smiley

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June 07, 2014, 06:17:23 AM
 #20

I actually wish I bought Bitcoin when it was at $1, or less. Wink

Meanwhile, those of us that bought at under $1 are wishing we hadn't sold at $5, $10, $35, $65...
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