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Author Topic: Does it even matter if you buy at $300 vs $400 vs $600.....  (Read 3084 times)
Dafar
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November 19, 2014, 09:27:18 PM
 #1

...if this is the future?





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Joe200
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November 19, 2014, 09:33:24 PM
 #2

Yes, actually it does. The guy who bought at $300 will have twice as much as the buy who bought at $600.
Dafar
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November 19, 2014, 09:33:49 PM
 #3

Yes, actually it does. The guy who bought at $300 will have twice as much as the buy who bought at $600.



Ohh  Shocked




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Melbustus
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November 19, 2014, 09:34:46 PM
 #4

Depends if you have a rigidly-fixed amount of fiat to spend on bitcoin, of if you've decided to buy some target quantity of bitcoin.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
var53
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November 19, 2014, 09:46:01 PM
 #5

Yes, actually it does. The guy who bought at $300 will have twice as much as the buy who bought at $600.


Yes, but how do you know when to sell? Someone with twice as much bitcoin might sell at half the price that someone with only half the quantity of bitcoin sells at.
marvinrouge
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November 19, 2014, 09:47:30 PM
 #6

Depends if you have a rigidly-fixed amount of fiat to spend on bitcoin, of if you've decided to buy some target quantity of bitcoin.


Ok, I decided with my $10 000 to buy 1000 bitcoin ! Wait, I can't ? You can fix the amount of bitcoin you want, you're limited anyway by the amount of cash you have...
docco
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November 19, 2014, 09:50:46 PM
 #7

Yes, actually it does. The guy who bought at $300 will have twice as much as the buy who bought at $600.


+1 haha!!

but does it matter if you have a ton of money or fk ton of money.. Tongue
Coinshot
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November 19, 2014, 10:06:30 PM
 #8

Obviously it does. If I buy at 300 instead of 600 I have double the number of BTCS. That can mean the difference between 1 million and 2 million in the future, so it matters even much more.


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JimboToronto
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November 19, 2014, 11:09:22 PM
 #9

Yes, but how do you know when to sell?

Not everyone intends to sell.

I for one would like to still have most of my coins when they can be used to pay for most things directly.
JimboToronto
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November 19, 2014, 11:14:57 PM
 #10

Does it even matter if you buy at $300 vs $400 vs $600.....

No more or less than it mattered if you paid $3 vs $4 vs $6 back in 2011-2.
fewcoins
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November 19, 2014, 11:24:20 PM
 #11

Yes, but how do you know when to sell?

Not everyone intends to sell.

I for one would like to still have most of my coins when they can be used to pay for most things directly.

Would you really want to wait until the price is near the dollar so you can pay for things directly???
C'mon guys we all know BTC is a great idea but all the bearish indicators are in & we are about to dive down... why keep buying on the way down?! I promise you buying at the actual bottom is better & I promise you it won't go to $10k without you having a chance to buy it near the bottom since basically everyone here watches the price daily. So what's the rush??? Whatever idiots are buying at this level for the long term will get smashed just like everyone who bought bitcoin this entire year thinking it's for the long term!

BUY BITCOIN AT $200~ THEN BE HAPPY TO HOLD LONG TERM... DOUBLE THE PRICE IS  Roll Eyes
var53
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November 20, 2014, 12:17:48 AM
 #12

Yes, but how do you know when to sell?

Not everyone intends to sell.

I for one would like to still have most of my coins when they can be used to pay for most things directly.

Yes, but how do you know when to start paying for most things directly? If bitcoin skyrockets you might be able to buy a house with the same amount of bitcoins that would buy you a dell laptop today.
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November 20, 2014, 12:36:08 AM
 #13

No it doesn't matter.  Because no one knows what fair market value is.  It keeps going up.  And up.  And up.  And up.

Like the guys arguing over whether to buy at $2 vs $1.  Or at $20 vs. $10.  Or at $100 vs $50.  Or at $200 vs $100.

When the price gets to $10,000/btc, you guys do realize that someone has to be buying at that market price to maintain equilibrium, right?

So I guess that guy that bought at $100 is such an idiot, while [you] were still patiently waiting for it to drop to $50.  Man, is that guy such an idiot now.   Roll Eyes
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November 20, 2014, 12:50:58 AM
 #14

Nothing matters when BTC hits a trillion dollars. Any day now ... The ETF is launching soon.
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November 20, 2014, 12:54:22 AM
 #15

what's taking the public so long to figure out how awesome bitcoin is? any day now, they're going to start buying. I'll go back to my day dreams of being rich for now.
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November 20, 2014, 12:58:11 AM
 #16

Or Bitcoin gets overtaken by an altcoin in the next few years and it will be game over. Whatever it will be: don't assume that you are entitled to another rally above 1000 dollars. Hell, I first want to see if Bitcoin can have 3 months of growth before we start talking about trains or the moon again.

This type of blissful ignorance is why many people out there get burned. 'In the past it rose to 1000 dollars, so it MUST go higher now'. If the past would be a guarantee for the future, that type of thinking would indeed work out. Only it doesn't.

Wake up and smell the coffee.

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November 20, 2014, 01:06:09 AM
 #17

Or Bitcoin gets overtaken by an altcoin in the next few years and it will be game over. Whatever it will be: don't assume that you are entitled to another rally above 1000 dollars. Hell, I first want to see if Bitcoin can have 3 months of growth before we start talking about trains or the moon again.

This type of blissful ignorance is why many people out there get burned. 'In the past it rose to 1000 dollars, so it MUST go higher now'. If the past would be a guarantee for the future, that type of thinking would indeed work out. Only it doesn't.

Wake up and smell the coffee.

Hey that's kind of mean to the butters!

Yes it's technically true *technically* that Bitcoin is only 500K - 2M users and it's been almost 6 years now.   Whatsapp came out in the same year as Bitcoin and has over 600 million users.

 If something couldn't go viral over 6 years, despite it being all over the news (I hear about Bitcoin on television more than Whatsapp and Facebook), then it's proof that Bitcoin is good concept butpoor execution and mainstreet isn't going for it.


 Nowadays there's something like 1500 alternates in total - *of course* most of them are $hitcoins but there's 6 to 12 good ones with new code and new ideas.  If an alternate does go viral then it will surpass Bitcoin's userbase in months.  Bitcoin's 500K - 2M users is smaller than club membership at hotels, airlines, online dating sites, et cetera.


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
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November 20, 2014, 01:09:52 AM
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Or Bitcoin gets overtaken by an altcoin in the next few years and it will be game over. Whatever it will be: don't assume that you are entitled to another rally above 1000 dollars. Hell, I first want to see if Bitcoin can have 3 months of growth before we start talking about trains or the moon again.

This type of blissful ignorance is why many people out there get burned. 'In the past it rose to 1000 dollars, so it MUST go higher now'. If the past would be a guarantee for the future, that type of thinking would indeed work out. Only it doesn't.

Wake up and smell the coffee.


Right. Because Bitcoin user adoption world wide has peaked. /s
Dafar
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November 20, 2014, 01:15:23 AM
 #19

Hey that's kind of mean to the butters!

Yes it's technically true *technically* that Bitcoin is only 500K - 2M users and it's been almost 6 years now.   Whatsapp came out in the same year as Bitcoin and has over 600 million users.

 If something couldn't go viral over 6 years, despite it being all over the news (I hear about Bitcoin on television more than Whatsapp and Facebook), then it's proof that Bitcoin is good concept butpoor execution and mainstreet isn't going for it.


 Nowadays there's something like 1500 alternates in total - *of course* most of them are $hitcoins but there's 6 to 12 good ones with new code and new ideas.  If an alternate does go viral then it will surpass Bitcoin's userbase in months.  Bitcoin's 500K - 2M users is smaller than club membership at hotels, airlines, online dating sites, et cetera.



 Cry .....why u do this?




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November 20, 2014, 02:04:25 AM
 #20

Or Bitcoin gets overtaken by an altcoin in the next few years and it will be game over. Whatever it will be: don't assume that you are entitled to another rally above 1000 dollars. Hell, I first want to see if Bitcoin can have 3 months of growth before we start talking about trains or the moon again.

This type of blissful ignorance is why many people out there get burned. 'In the past it rose to 1000 dollars, so it MUST go higher now'. If the past would be a guarantee for the future, that type of thinking would indeed work out. Only it doesn't.

Wake up and smell the coffee.


Some of us are already  drinking the motherfucking coffee.... We made a lot of money from the early days when btc was worth hardly anything to the ath

I expect to make a lot more as mainstream adoption grows but even if I don't I'm comfortable for the rest of my life because of btc


  How do you like that  coffee?  Smiley
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