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Author Topic: Cheap BTC, get in now if not already on board!  (Read 1673 times)
DustyRah (OP)
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August 15, 2014, 12:39:13 AM
 #1

This is an opportunity to get into the game and not have to cry like a baby when it takes off into the $1000s.
Hfleer
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August 15, 2014, 12:45:29 AM
 #2

Same thread at 1000, 900, 850, 800, 750, 700, 650, 600, 550, 500, .... I see a pattern.

actually, I agree though Wink

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Davinus
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August 15, 2014, 12:50:15 AM
 #3

Why do you think Bitcoin will rise to $1000? Roll Eyes
maker88
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August 15, 2014, 12:50:31 AM
 #4

COME ONNNNN PAYDAY
maker88
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August 15, 2014, 12:51:13 AM
 #5

Why do you think Bitcoin will rise to $1000? Roll Eyes

why do you think it won't ever again?
tspacepilot
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August 15, 2014, 12:53:30 AM
 #6

Same thread at 1000, 900, 850, 800, 750, 700, 650, 600, 550, 500, .... I see a pattern.

^^^This.

Quote
actually, I agree though Wink


Ok, also this^^^.  However, I'm just saying that all the hype threads are a little silly.  There are bull hypers and there are bear hypers.  In order to do any serious thinking you have ignore all the hypers.
Hfleer
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August 15, 2014, 12:56:04 AM
 #7

Same thread at 1000, 900, 850, 800, 750, 700, 650, 600, 550, 500, .... I see a pattern.

^^^This.

Quote
actually, I agree though Wink


Ok, also this^^^.  However, I'm just saying that all the hype threads are a little silly.  There are bull hypers and there are bear hypers.  In order to do any serious thinking you have ignore all the hypers.

Yeah and the worst hypers are the extrapolators. 

Oh bitcoin dived 5% in 24 hours? 20 days more and bitcoin is worthless!!!! Get out now!

We got 100% in a month, in 10 more months we are at 10,000 USD!!!! TO THE MOON

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Davinus
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August 15, 2014, 01:00:02 AM
 #8

Why do you think Bitcoin will rise to $1000? Roll Eyes

why do you think it won't ever again?

I don't think it won't ever again though :p
I'm just a bit pessismistic, looking back at Dell's Bitcoin adoption, it doesn't affect the price too much.
Hfleer
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August 15, 2014, 01:04:09 AM
 #9

Why do you think Bitcoin will rise to $1000? Roll Eyes

why do you think it won't ever again?

I don't think it won't ever again though :p
I'm just a bit pessismistic, looking back at Dell's Bitcoin adoption, it doesn't affect the price too much.

And in the big picture of things, Dell is such a big thing?

How much of the worlds economy, do you think, is due to dells existence?

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JimboToronto
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August 15, 2014, 01:29:19 AM
 #10

Same thread at 1000, 900, 850, 800, 750, 700, 650, 600, 550, 500, .... I see a pattern.

Yep, same as at 140, 130, 120, 110, 100, 90, 80, 70, .... last year.

Same pattern.

I'm waiting for someone to post "no more quadruple digits in 2014".

Classic.
tabnloz
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August 15, 2014, 05:40:11 AM
 #11

Thing is, if you believe in this long term (and you're not already in), you should buy and then forget a out the price. yes, its a risk, but the upside of mainstream adoption far outweights the loss of initial investment.

as i said, main thing you should be 'betting' on overall is faith in the groundbreaking technology.
Chicowash
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August 15, 2014, 05:43:13 AM
 #12

You have to get in if you already not, price is low and it will go only up in longterm.
Argwai96
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August 15, 2014, 05:43:52 AM
 #13

Thing is, if you believe in this long term (and you're not already in), you should buy and then forget a out the price.

Meh. Works for some people, not everyone. I believe in BTC long term and I've been through two bubbles now. I can afford to keep coins tucked in cold storage because I took a few X my initial investment out long ago. But I can't help but hedge by trading. And I can certainly understand waiting for reversal before buying in, even if it means missing the bottom. Never was one for bottom fishing myself.
Kprawn
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August 15, 2014, 06:30:17 AM
 #14

Why do you think Bitcoin will rise to $1000? Roll Eyes

why do you think it won't ever again?

I don't think it won't ever again though :p
I'm just a bit pessismistic, looking back at Dell's Bitcoin adoption, it doesn't affect the price too much.

Everyone though the impact of DELL adoption of BTC would see a immediate huge rise in the price of BTC

When a company adopt BTC as a payment method, we will see a small increase in BTC price, because some people, who already own BTC would start to buy new things on offer, and some early adopter would experiment with it. {The price might even drop, due to a over supply of BTC becoming availlable and no new people wanting to buy them.

Dell still have other payment methods {fiat / credit cards / debit cards etc.} So for mass adoption, these companies have to introduce an incentive, for them to switch to this new "technology" and this must be done, by the merchants, in the form of  "discounts" being offered, for people who use BTC [ Problem is, these companies do not offer this, because it would mean, they would have to cut their profit ]

So what happens now.... Dell accept BTC - People still use other payment methods - BTC owners spend their coins - Dell convert it to fiat on exchanges - No extra people demand these coins - Over supply created of BTC - Price of BTC goes down.

 

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August 15, 2014, 06:36:10 AM
 #15

Why do you think Bitcoin will rise to $1000? Roll Eyes

why do you think it won't ever again?

I don't think it won't ever again though :p
I'm just a bit pessismistic, looking back at Dell's Bitcoin adoption, it doesn't affect the price too much.
It may have not affected the price on the short run but this is only because of traders not reacting to the news. The "read" affect this will have on the market will take much longer to realize and will be from a much larger portion of the market then the day trading speculators.

 
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August 15, 2014, 04:37:36 PM
 #16

Same thread at 1000, 900, 850, 800, 750, 700, 650, 600, 550, 500, .... I see a pattern.

actually, I agree though Wink

People were saying this when BTC went form $30 to $2...
DustyRah (OP)
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August 16, 2014, 10:12:41 PM
 #17

Don't get left out...train's leavin...
blumangroup
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August 16, 2014, 10:28:35 PM
 #18

Give me one more reason why it will go up, and I will buy a couple coins.

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August 16, 2014, 10:49:50 PM
 #19

Don't get left out...train's leavin...

Not yet it's not

Give me one more reason why it will go up, and I will buy a couple coins.

cuz cheap coinz, maaann! The hero members say it can only go up and then validate it with "in the long run"  Roll Eyes

DustyRah (OP)
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August 21, 2014, 12:10:23 PM
 #20

Don't get left out...train's leavin...

Hope everyone got on board...
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