TIME TO BUY

[barabbas]

At least that's what I just did, so I believe we are at or very close to the bottom. And I plan on buying more, significantly more, at these levels as Coinbase allows me -I like to instant buy-, so I am prepared to keep on buying for a little while if prices remain around 325 or go any lower.

Why? Well, I believe BTC will be, far and away THE investment of 2015. As a trader, mind you, I will not stay on it if there are significant profits to be taken, so nothing to do with "long" term investment here ("long", in this case, being one year), but I hope to be lucky enough to time a few trades along the way even if I am "forced" to buy up eventually.

I don't believe the current divergence between price and popularity of BTC will continue for much longer and, as more and more vendors, from Time Inc to Microsoft, start accepting payments in BTC, I cannot imagine any way but up for the currency... especially if the regulation incoming finally arrives... as it should in 2015.

Also, if price remains stagnant -let alone if it continues going down- I believe as many as half the people currently mining will stop that particular madness and their money will come into BTC straight, rather than towards ever more expensive miners, so that could be another propeller.

Anyway, those are my motivations. That's why I bought back. That's why I'm buying more.

[MelodyRowell]

Bitcoin needed a panic sell the market was too stable.

[bajing]

yeah now many people panic and they sell bitcoin

[cesckat]

Panic's coming to the streets, and investors know it  
Once people wants to buy, they're like:

[MicroGuy]

At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

[LordSonjai]

hummmm,when I am finish building my computer I will look at the market and decide if it is near its low,I think by tomorrow it should be close to 315 but I am no experts. Although....the experts have been all wrong anyway so who cares what they say.

[fryarminer]

Eh.. I think it's just the holidays. It'll go back up after Christmas.

I bought some today, so expect it to plunge a bit more. I have bad luck that way.

[exoton]

At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

This is not necessarily true. When additional companies start to accept bitcoin, more people will start to buy bitcoin for the sole purpose of spending it at one of such merchants. Each additional large company that accepts bitcoin makes it one company closer to having B2B bitcoin related payments

[Agestorzrxx]

it's a good time to buy.

[NarC]

Eh.. I think it's just the holidays. It'll go back up after Christmas.

I bought some today, so expect it to plunge a bit more. I have bad luck that way.

I think the same. I have friends into bitcoin, who cashed out a bit, just to buy chistmas presents/ And would get ack in right after it.

Same here, I sold a few for the holidays.

[barabbas]

At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

I'm in the opposite side of that theory. I believe the effect of this companies accepting payment in BTC is legitimizing it and driving it closer to mainstream. The consequence I expect in 2015, from these levels, is steady growth in both price and usage/popularity: the snowbal effect as more "converts" = more demand.

Most people is only looking at the prices day to day; I believe btc will flourish agan when more people, from the mainstream world, see it not just as a usable currency with no scamming attached to it and, above all, as a storage of value not affected by inflation. Back to the basics, again.

[LordSonjai]

At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

I'm in the opposite side of that theory. I believe the effect of this companies accepting payment in BTC is legitimizing it and driving it closer to mainstream. The consequence I expect in 2015, from these levels, is steady growth in both price and usage/popularity: the snowbal effect as more "converts" = more demand.

Most people is only looking at the prices day to day; I believe btc will flourish agan when more people, from the mainstream world, see it not just as a usable currency with no scamming attached to it and, above all, as a storage of value not affected by inflation. Back to the basics, again.

Yes I agree with this but on the other side of the coin that would make sense. I mean think about it,yes it is moving towards mainstream and all,but its still far from their,merchants may not be doing it purposely but it seems like they are just cashing out on bitcoin along with the other investors.

[exoton]

At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

I'm in the opposite side of that theory. I believe the effect of this companies accepting payment in BTC is legitimizing it and driving it closer to mainstream. The consequence I expect in 2015, from these levels, is steady growth in both price and usage/popularity: the snowbal effect as more "converts" = more demand.

Most people is only looking at the prices day to day; I believe btc will flourish agan when more people, from the mainstream world, see it not just as a usable currency with no scamming attached to it and, above all, as a storage of value not affected by inflation. Back to the basics, again.

Exactly. Some of the companies starting to accept bitcoin may cause more supply on the market, however overall more merchants accepting bitcoin are going to cause more people (consumers) to use it

[seoincorporation]

At least that's what I just did, so I believe we are at or very close to the bottom. And I plan on buying more, significantly more, at these levels as Coinbase allows me -I like to instant buy-, so I am prepared to keep on buying for a little while if prices remain around 325 or go any lower.

Why? Well, I believe BTC will be, far and away THE investment of 2015. As a trader, mind you, I will not stay on it if there are significant profits to be taken, so nothing to do with "long" term investment here ("long", in this case, being one year), but I hope to be lucky enough to time a few trades along the way even if I am "forced" to buy up eventually.

I don't believe the current divergence between price and popularity of BTC will continue for much longer and, as more and more vendors, from Time Inc to Microsoft, start accepting payments in BTC, I cannot imagine any way but up for the currency... especially if the regulation incoming finally arrives... as it should in 2015.

Also, if price remains stagnant -let alone if it continues going down- I believe as many as half the people currently mining will stop that particular madness and their money will come into BTC straight, rather than towards ever more expensive miners, so that could be another propeller.

Anyway, those are my motivations. That's why I bought back. That's why I'm buying more.

Yeah, if pleople buy now and wait max 6 months they will make nice money, bitcoin will go up soon.

[Fernandez]

I am looking to buy too, maybe will do so by this weekend. I have a feeling it will go down more.
I haven't put money in Bitcoin directly before, but the prices are too tempting.

[LordSonjai]

I am looking to buy too, maybe will do so by this weekend. I have a feeling it will go down more.
I haven't put money in Bitcoin directly before, but the prices are too tempting.

Even though I just bought 50 when it was at 350,I want it to drop to 100 just so i can make up for my loss.

[Biitcoin]

Why everyone is looking to buy badly It's not that low , It's like ~333$ . It can get lower so we start buying , no ?

[dwdoc]

I think now is a good time to dollar cost average in every few days. For example you can set up a recurring purchase on coinbase.

[myohmy81]

I agree time to buy

[Beliathon]

The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.

It is always the time to "go long". Always. Going short is where you have to be very careful.