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Author Topic: Good time to buy?  (Read 1290 times)
bitkilo (OP)
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August 18, 2014, 10:18:06 AM
 #1

I've been buying a couple of dollars worth of btc in the last few days, with the price the way it is it's probably a good time to buy. Although nothing I read really convinces me why the price drop has been so steep.
Why do you think price has dropped fast?
And are you buying or panic selling?

CustomChickenDelivery
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August 18, 2014, 12:17:26 PM
 #2

BTC is at 453 right NOW, and I'm buying.

Problem is, I'm buying it from a friend who bought it from me earlier for 800.

He got cold feet, and he needed the money badly, so I gave him 800 out of pity.

Fucking sucks, but I mined that coin, and I'm kinda relieved to have it back.

I shoulda never sold it.
bitkilo (OP)
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August 18, 2014, 12:21:07 PM
 #3

Your username is making me hungry, do you deliver chicken for btc?

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August 18, 2014, 05:15:39 PM
 #4

BTC is at 453 right NOW, and I'm buying.

Problem is, I'm buying it from a friend who bought it from me earlier for 800.

He got cold feet, and he needed the money badly, so I gave him 800 out of pity.

Fucking sucks, but I mined that coin, and I'm kinda relieved to have it back.

I shoulda never sold it.

Wow. You're a good friend.


It's a good time to buy if everyone else is panicking and selling. If you can pick up some coin in the low $400, it would be most ideal.
TheButterZone
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August 18, 2014, 11:30:38 PM
 #5

Buying at $1, selling at $1250.

Saying that you don't trust someone because of their behavior is completely valid.
gmx95
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August 19, 2014, 12:26:11 AM
 #6

It maybe a good time to buy as it may bounce back to $500-$600 level, but before it can go down to $300, I think. The prospect of seeing $1000 this year seems to be remote at the moment.


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bitkilo (OP)
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August 19, 2014, 01:33:12 AM
 #7

Bitcoin is a long term project, we don't need $1000 any time soon. Give me time to buy more before prove goes back up.

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August 19, 2014, 03:43:08 AM
 #8

I picked up some of the past couple days, I really can't see it dropping below $400 - but ya never know lol



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Rainbot
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August 19, 2014, 03:47:26 AM
 #9

I would wait a few more hours around about 10 hours and it might just drop that extra bit more if it drops by another $20 I'm snapping them up.
bounst
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August 19, 2014, 03:55:49 AM
 #10

it's time to buy! now! come on! up!
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August 19, 2014, 05:15:12 AM
 #11

there's more dump is coming.
but it's time to buy, buy buy.
it's not lower anymore  Grin
Predictbtc
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August 19, 2014, 05:30:25 AM
 #12

Yeah I think It is time to buy now, I would like to see $550 + now. But this can always go other way then we think, so just be up to date and see what is the best decision you can make.
krishatnet
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August 19, 2014, 05:38:37 AM
 #13

I think it is the right time to buy bitcoins.

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August 19, 2014, 06:17:07 AM
 #14

<gribble> Bitstamp | A market order to buy 22500 bitcoins right now would take 14951251.0172 USD and would take the last price up to 1199.9900 USD, resulting in an average price of 664.5000 USD/BTC. | Data vintage: 36.1918 seconds

If you're not going to drop $14,951,251 USD on BTC right now and hodl it long time, then it will continue to fall.

Saying that you don't trust someone because of their behavior is completely valid.
madken7777
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August 19, 2014, 07:39:48 AM
 #15

For long term, buy and hold.

Short term wise, it looks like dead cat bouncing.
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August 19, 2014, 08:14:48 AM
 #16

Might be a good time to buy and anything can happen so, it can be a good investment or just wasting money.  Cheesy
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