Anyone else buying?

[SilentJohn]

I've been staggering purchases since this afternoon (Asia) from 420 down to 380.

Probably bought another 100 or so coins in the last 12 hours...

[Cheewawa]

you should probably wait, price might go down even more up until 1st of October

[Morguk]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

[Beliathon]

Probably bought another 100 or so coins in the last 12 hours...

You are very fortunate to have so much disposable fiat currency wealth.

[SilentJohn]

you should probably wait, price might go down even more up until 1st of October

Thanks for the warning... I have some price points where i'll continue to buy to lower my average buying prices.

Just don't want to miss the opportunity if it (and it should) take a sharp rebound

[seriouscoin]

you should probably wait, price might go down even more up until 1st of October

LOL never call bottoms noobs, thats the rules in trading. Trying to get avg buying cost to what you like is better strategy

[seriouscoin]

you should probably wait, price might go down even more up until 1st of October

Thanks for the warning... I have some price points where i'll continue to buy to lower my average buying prices.

Just don't want to miss the opportunity if it (and it should) take a sharp rebound

No doubt about rebound, remember fiat move way too slow compared to bitcoin. It can take couple days for funds come in.

[Cheewawa]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

[Morguk]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

Thanks for explanation.

[seriouscoin]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

Most new investors buy into bitcoin around this time of last year. Due to capital gain tax, they prefer to wait for a year for lower tax rate, and since the price has been slowly declined, they decided to cash out now to gain bit of profit.

However this price point is where last bubble started, and miners are not willing to sell at loss. So market will reverse.

[SilentJohn]

Probably bought another 100 or so coins in the last 12 hours...

You are very fortunate to have so much disposable fiat currency wealth.

There are many more "traditional" Fiat Wales (or at least a tuna) like myself that have been watching Bitcoin for quite a while.

Expect many more of us in the very near future...

[600watt]

Probably bought another 100 or so coins in the last 12 hours...

You are very fortunate to have so much disposable fiat currency wealth.

There are many more "traditional" Fiat Wales (or at least a tuna) like myself that have been watching Bitcoin for quite a while.

Expect many more of us in the very near future...

Welcome! very welcome 

[Bios Optimus]

Bought this morning and if it drops anymore I will be buying again.

[Sevvero]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

Most new investors buy into bitcoin around this time of last year. Due to capital gain tax, they prefer to wait for a year for lower tax rate, and since the price has been slowly declined, they decided to cash out now to gain bit of profit.

However this price point is where last bubble started, and miners are not willing to sell at loss. So market will reverse.

They will sell at a loss, because there is no choice!

Bought this morning and if it drops anymore I will be buying again.

You bought in a decline, good job on being dumb.

[nuff]

duh anyone not buying is a fool and totally missing the boat, which I thought I missed when bitcoin was around $5

[btc_jumpnrl]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

That's the Governments fiscal year, but don't most individuals use the Calendar year?

[Cheewawa]

you should probably wait, price might go down even more up until 1st of October

What's happening then?

the end/begging of the US fiscal year. Someone proposed that this bitcoin price drop is due to americans wanting to pay their taxes (which must be payed in US dollars). I don't know if it is the only reason for bitcoin price drop, but definitely  it does have some influence on the price being lower

That's the Governments fiscal year, but don't most individuals use the Calendar year?

governments don't give a shit about calendar year. Pay your taxes by the end of the fiscal year or go to jail - thats governments logic.

[btc_jumpnrl]

That's the Governments fiscal year, but don't most individuals use the Calendar year?

governments don't give a shit about calendar year. Pay your taxes by the end of the fiscal year or go to jail - thats governments logic.

Lol. Well the IRS certainly cares about what tax cycle your on because it changes when you file and when you pay.

[Sevvero]

Just bumping to tell this idiot that he should have listened to what specialists had to say.

Damn fool! Go tell your friends about wise financial decision!

BUYING WHEN BLOOD IN STREETS RIGHT LOL!

[Chuckee]

"Averaging down" is not a good strategy. Avoiding bitcoin completely is the best strategy. There is zero indication that we will ever reach an ATH again, and in another few weeks, people will likely be wishing that they had sold at $350!