Buy now or not?

[nuff]

Satoshi Nakamoto said on Feb. 21, 2010 and I quote:

"In the absence of a market to establish the price (of bitcoin, estimates) based on production cost is a good guess and a helpful service (thanks). The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more."

the current levels are still undervalue for the actual production cost of bitcoin, so definitely it's a better time to buy at these levels.

[1715642670]

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[Brokers]

Buy now ofc

[Corelianer]

I say buy too, but since BTC-e showed a so much lower price than bitstamp last time, I'm going to open an account there too, maybe I'm getting very cheap coins there....

[MrBtcSenior]

I won't buy because I have just invested all what I could, so I will hold them long term.

[DRK]

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

This here is a sensible option in my opinion. Putting all your eggs in one basket is a tactic that has never worked!

[i dig bitcoins]

Its simple...if you're scared of breaking a nail or getting a broken nose don't get into a fight. If you're scared of losing a few hundred or a few thousand dollars or can't withstand those losses you have no business playing with bitcoin. This is not a game for those with weak stomachs, wallets and constitution...bitcoin is for those who can pick themselves up after getting knocked down and shake it off. If you are long on bitcoin and won't vomit if you get punched in the stomach then you have a chance. If you need to have you hands held while you dip your manicured toes in the water then this is not the place you should be. I am being serious when I say stay away from this game if you are barely surviving month  to month.

I've been playing this game for a long while now and have been through organ shattering crashes and blood hemorrhaging manipulations and I love every minute of it because I'm a masochist and I'm confident in bitcoin's fundamentals. It also helps that its been a very profitable sport for me (Aside from my regular income).

If you can't hang with the big dogs, stay on the porch...and this is friendly advice.

[apee]

Its very unlikely the price won't break $5/600 in my opinion. That means buy.

[C64_4EVA]

Should i buy now or not? is this a trap? 

Considering that Coinbase has already announced they will be buying up a shit ton of BTC this Friday, if you have the funds available now I would start buying as most likely the price will be going up!

[Sevvero]

Should i buy now or not? is this a trap? 

Yes, you should buy now.

Go and buy.

Did you buy?

If not, why. I told you to.

[niktitan132]

I suggest buy now and HODL! 

[crocko]

Should i buy now or not? is this a trap? 

Considering that Coinbase has already announced they will be buying up a shit ton of BTC this Friday, if you have the funds available now I would start buying as most likely the price will be going up!

can you provide a link or it is just a rumor ?

[Microbit001]

Bitcoin is recovering. Now it will continue to rise.

Its a last chance to buy low, which will be gone in a week.

[zby]

Satoshi Nakamoto said on Feb. 21, 2010 and I quote:

"In the absence of a market to establish the price (of bitcoin, estimates) based on production cost is a good guess and a helpful service (thanks). The price of any commodity tends to gravitate toward the production cost. If the price is below cost, then production slows down. If the price is above cost, profit can be made by generating and selling more."

the current levels are still undervalue for the actual production cost of bitcoin, so definitely it's a better time to buy at these levels.

Did he really wrote this? There is no way to 'generate more coins' - the algorithm adjusts the difficulty so that on average it is always the same amount produced in a given time span.

[ibrahim11]

Ok guys, I've decided to buy now! But I've got a problem. I need to  buy a btc-e code because I can't use online banking yet because my online banking was suspended. I don't want to use Western Union because they'll probably reject my payment for no reason like last time. I'm waiting for a response from kingscrown for a btc-e code but he's currently offline. Is there anyone else selling btc-e codes?

[Razick]

The price is pushing pretty hard on that $495 resistance and it's holding pretty well. We may have one more crash, but the market seems to be preparing for a rally.

EDIT: We broke $495. I'll be curious to see if the price can hold at that level.

[nuff]

The price is pushing pretty hard on that $495 resistance and it's holding pretty well. We may have one more crash, but the market seems to be preparing for a rally.

EDIT: We broke $495. I'll be curious to see if the price can hold at that level.

It might fluctuate here and there now and then, but it's gradually rising. actual production cost its about $550 per bitcoin, so anything below $500, it's an automatic bargain

[DonDev]

I buy btc everytime its under 600$ as that's the lowest low. The real worth of btc is over 1000 for sure have to wait a little to get back there.

[Sevvero]

I buy btc everytime its under 600$ as that's the lowest low. The real worth of btc is over 1000 for sure have to wait a little to get back there.

So you are so sure?

Please a 20 page .pdf file with detailed technical and fundamental analysis why you are so sure!

[Sunderland]

buy btc with your money , dont buy it with your life
i think you know what i mean 

[Chris_Sabian]

Buy now.  Wait a year or 2.  2014 may end with a negative return for Bitcoin in terms of price but adoption is increasing each day.  And that is what really matters.  Price will come later.