Time to rapidly accumulate as many coins as possible

[piramida]

It's been my signature since July.

Poor zimmah :C

Still 4 days to go.

[Ayers]

I'm trying to buy bitcoins gradually, at every drop I buy some but I have almost finished the FIAT.

good move i'm also buying some, this is indeed the accumulation phase

[ensurance982]

For people truly believing in Bitcoin this phase is a great time to acquire more. They're relatively cheap if you believe that the price is about to reach old heights and maybe even enter the terrain of new all time highs! Totally depends on where you expect Bitcoin to go. Things can go either way!

[Gwapo]

[/quote]


By the end of next month at the latest we will have permanently left behind 3 digits.

You can quote me on this.
[/quote]

you posted this on july 1st
coming toward end of august

where is my 4 digit btc?!?!?!?

[ensurance982]

By the end of next month at the latest we will have permanently left behind 3 digits.

You can quote me on this.

you posted this on july 1st
coming toward end of august

where is my 4 digit btc?!?!?!?

Wo said we'll be having 4 digits... for all we know he only promised we left the realms of 3 digits  I don't think either we'll see 2 digit Bitcoins anytime soon, either. But 4 digits Bitcoins are still a bit down the road....

[nuff]

Bitcoin will be as valuable as land in time, cos when the final bitcoin is mined, "they don't make 'em anymore". By that time there would be million dollars bitcoins easily

[efreeti]

Price action still looking every week.

It appears some whales are selling every time there is a small rally.

[Beliathon]

its always been about accumulating as many bitcoin as you can, as fast as you can.

since day one.

Yep.

[nuff]

I'm buying as much btc as I can, probably the next year we will see 10x the current value.

If you're planning to hold for more than a year, then you need not worry, buy as much as you can.

[botany]

Bitcoin will be as valuable as land in time, cos when the final bitcoin is mined, "they don't make 'em anymore". By that time there would be million dollars bitcoins easily

Most of us won't live to see the last satoshi mined. 

[realbtcdealers4real]

Im not selling a single pennybit until 2020  

[giveBTCpls]

Yes we are certainly on that nice phase were boat missers get to buy some cheap BTC, but make no mistake, this phase of tranquility may take longer than some would like to believe. I am OK with it tho, that just gives me more time to stack a nice little amount of BTCs.

[Habeler876]

For people truly believing in Bitcoin this phase is a great time to acquire more. They're relatively cheap if you believe that the price is about to reach old heights and maybe even enter the terrain of new all time highs! Totally depends on where you expect Bitcoin to go. Things can go either way!

Agreed, we could blast off soon, but I remain open to the possibility that will capitulate to much lower lows than this. I still have dreams of buying coins at < $300, so until we take off for the moon, I'll hold onto those dreams.

[jjacob]

Yes we are certainly on that nice phase were boat missers get to buy some cheap BTC, but make no mistake, this phase of tranquility may take longer than some would like to believe. I am OK with it tho, that just gives me more time to stack a nice little amount of BTCs.

The price does seem to be relatively stable now, but then the move up begins, I think it is going to be very, very quick.

[zimmah]

It's been my signature since July.

Poor zimmah :C

Oh well, things didn't turn out as expected.

Sad indeed, but I still think we will soon see improvement.

[inca]

It's been my signature since July.

Poor zimmah :C

Oh well, things didn't turn out as expected.

Sad indeed, but I still think we will soon see improvement.

I think things are coming along nicely. I buy a few more coins each month during this accumulation phase. I have moved a 5% of my overall portfolio into cash ('waiting on the sidelines') in case we get a sudden dip into 3xx territory again in a final capitulation-retest-the-low type scenario. I am sure others are thinking the same and therefore it may not materialise.

Sentiment is terrible, bears/trolls are all over the forum spreading doom, people are variably bored and/or chucking in the towel and selling. At the same time bitcoin infrastructure, VC funding, merchant integration and simple webwallet services are surging ahead of user adoption. I think the market is working through the aftermath of two bubbles in a very short space of time. Who knows whether we bubble up again and retest the ATH soon or if there is a false start or two to go. My vote is on an ETF driven bubble prior to the next halving in early 2016. The longer we stay in this range the better anyway.

[Room101]

Bitcoin will be as valuable as land in time, cos when the final bitcoin is mined, "they don't make 'em anymore". By that time there would be million dollars bitcoins easily

Most of us won't live to see the last satoshi mined. 

In 2050 i will spend 1 BTC to buy new body, with an offline blockchain backup of myself just in case

[btcpokerface]

I'm trying to buy as many btc as I can while they are under $500, I don't think we will ever see these prices.

[niktitan132]

I'm trying to buy as many btc as I can while they are under $500, I don't think we will ever see these prices.

Good strategy!Buy,HODL and you will profit.

[oceans]

I agree, while the price is low it is always wise to accumulate as many as you can but rapidly may be a bit too extreme I feel. We have been doing this since day one though when the price has been at a low, it's a case of buy while you can, when you can and wait for a rise.