ibrahim11 (OP)
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August 19, 2014, 11:58:59 PM |
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Should i buy now or not? is this a trap?
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shizuska
Newbie
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Activity: 41
Merit: 0
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August 20, 2014, 12:05:09 AM |
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Depends on what ROI are you waiting for, id say there is about 90% probability that we will be over 1000 by the same time next year. Thats 100% ROI or more in a year.
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FattyMcButterpants
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August 20, 2014, 12:18:20 AM |
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depends what you are looking for -- long term? short term? and how much do you care about your entry point as long as you are getting good return? if you are trying to maximize risk/reward, i'd wait.
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ibrahim11 (OP)
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August 20, 2014, 12:34:34 AM |
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depends what you are looking for -- long term? short term? and how much do you care about your entry point as long as you are getting good return? if you are trying to maximize risk/reward, i'd wait.
I want long term or when the price goes above $1000, whichever comes sooner
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Sandokan_
Newbie
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Activity: 5
Merit: 0
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August 20, 2014, 12:46:30 AM |
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Buy dude, and if you are strong enough; don't check the prices the coming months as the up and down swings can make a man sick. Buy and hold, you will win, you are still an early adopter.
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ibrahim11 (OP)
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August 20, 2014, 12:47:47 AM |
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Buy dude, and if you are strong enough; don't check the prices the coming months as the up and down swings can make a man sick. Buy and hold, you will win, you are still an early adopter.
i'll think about it. Should i buy guys?
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 20, 2014, 12:54:50 AM |
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Should i buy now or not? is this a trap? if its a trap... at least you'll be traped with an asset that is: 1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 7. Fungible ( any 1 BTC has the same value as any other ) 8. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 9. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 10. all of the above. + very shiny
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Chef Ramsay
Legendary
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Activity: 1568
Merit: 1001
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August 20, 2014, 12:59:58 AM |
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depends what you are looking for -- long term? short term? and how much do you care about your entry point as long as you are getting good return? if you are trying to maximize risk/reward, i'd wait.
I want long term or when the price goes above $1000, whichever comes sooner The saying goes that "Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants and debt/fiat is the money of slaves." Determine where Bitcoin fits in for you and then decide whether you want any sooner rather than later.
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DrBitcoin
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August 20, 2014, 01:08:17 AM |
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Should i buy now or not? is this a trap? if its a trap... at least you'll be traped with an asset that is: 1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 7. Fungible ( any 1 BTC has the same value as any other ) 8. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 9. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 10. all of the above. + very shiny Ok...but what if this scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset looses 100% of its value? The you have a scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset that is worthless. My point? Your point is pointless.
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john_doe
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August 20, 2014, 01:39:36 AM |
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Ok...but what if this scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset looses 100% of its value?
The you have a scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset that is worthless.
My point? Your point is pointless.
I find it hard to believe something with so many features could be worthless
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botany
Legendary
Offline
Activity: 1582
Merit: 1064
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August 20, 2014, 01:39:54 AM |
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Should i buy now or not? is this a trap? A trap or a once-in-a-lifetime opportunity?
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ibrahim11 (OP)
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August 20, 2014, 01:57:29 AM |
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I've decided to buy 2 btc but i want to buy at $460. Will it drop down to $460?
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ZeroEnergy
Member
Offline
Activity: 91
Merit: 10
WINSTARS - We are changing the face of gambling
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August 20, 2014, 02:00:33 AM |
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I've decided to buy 2 btc but i want to buy at $460. Will it drop down to $460?
Maybe... Will a meteor hit the earth? Maybe...
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botany
Legendary
Offline
Activity: 1582
Merit: 1064
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August 20, 2014, 02:02:59 AM |
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I've decided to buy 2 btc but i want to buy at $460. Will it drop down to $460?
Do you intend to hold for long term? If yes, what is your long term price outlook? Would it make a difference if you bought at $480 instead of $460?
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FattyMcButterpants
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August 20, 2014, 02:31:03 AM |
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I've decided to buy 2 btc but i want to buy at $460. Will it drop down to $460?
Do you intend to hold for long term? If yes, what is your long term price outlook? Would it make a difference if you bought at $480 instead of $460? the difference is a handful of bit cents, that's what! hey, if bitcorn really goes to a million+, then a bit cent will be quite the pretty penny, eh? just sayin!
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 20, 2014, 02:36:01 AM |
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Should i buy now or not? is this a trap? if its a trap... at least you'll be traped with an asset that is: 1. Scarce 2. Durable 3. Portable 4. Divisible 5. Impossible to counterfeit 7. Fungible ( any 1 BTC has the same value as any other ) 8. Easy to keep safe ( contrary to popular belief, it easy to print out a paper wallet...) 9. Shiny ( yes the digital bits that make up a bitcoin are VERY shiny) 10. all of the above. + very shiny Ok...but what if this scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset looses 100% of its value? The you have a scarce, durable, portable, divisible, impossible to counterfeit, fungible, easy to keep safe, and shiny asset that is worthless. My point? Your point is pointless. speculation... your doing it wrong!
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falllling
Member
Offline
Activity: 112
Merit: 10
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August 20, 2014, 05:05:11 AM |
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Should i buy now or not? is this a trap? this is a trap man, the same as 3 days ago
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williamj2543
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August 20, 2014, 05:07:03 AM |
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Buy now, it WILL eventually go higher, its a very long term investment, and don't get scared if it drops, its gonna climb back again. Oh and don't listen to falllling.
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leannemckim46
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August 20, 2014, 06:33:58 AM |
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Should i buy now or not? is this a trap? At this level, it is good price to buy a few and if it drop more buy a few more.. Average down
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FattyMcButterpants
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August 20, 2014, 07:27:44 AM |
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Should i buy now or not? is this a trap? At this level, it is good price to buy a few and if it drop more buy a few more.. Average down averaging down is a good strategy in a bull market. i'd say it was a good idea in the initial correction to the late 2013 bubble, because of the long term bull trend. but an 8 month bear market throws that assumption into jeopardy. best to wait for clarity IMO.
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