TIME TO BUY

[youngmike]

Bitcoin is nothing but a money transfer system and not even easy to use compared to Paypal Forget the mass adoption, even 50$ BTC is overpriced when you think about how useful it is  

Even if Bitcoin is ill-suited for instant money transfer, there are a few things that make it (and some alt) unique :
- you are the owner of your coins as long as nobody else knows your private key (so avoid web wallets) ;
- you don't need to trust anybody to store your money ;
- you don't need to be accepted by financial system to receive coins ;
- total amount is capped, and inflation controled meanwhile ;
- there is a good level of anonymity if you stay in legit economy.

So for a value storage system, Bitcoin is a must.

For daily expense, I think we could transfer Bitcoin to a trusted intermediary (bank, Paypal) then use current system. Exposure is limited as you keep owning most part of your coins in your wallet. This is the best of two worlds.

It is time to banking to change their business model.

Typical believer's talk   How retarded you must be to store value in something that can lose all of it's value within hours  

[BitCoinNutJob]

Time to say good buy you think OP?

https://www.youtube.com/watch?v=ohXI3po8hK0

AB agrees.

[creuz]

Bitcoin is nothing but a money transfer system and not even easy to use compared to Paypal Forget the mass adoption, even 50$ BTC is overpriced when you think about how useful it is  

Even if Bitcoin is ill-suited for instant money transfer, there are a few things that make it (and some alt) unique :
- you are the owner of your coins as long as nobody else knows your private key (so avoid web wallets) ;
- you don't need to trust anybody to store your money ;
- you don't need to be accepted by financial system to receive coins ;
- total amount is capped, and inflation controled meanwhile ;
- there is a good level of anonymity if you stay in legit economy.

So for a value storage system, Bitcoin is a must.

For daily expense, I think we could transfer Bitcoin to a trusted intermediary (bank, Paypal) then use current system. Exposure is limited as you keep owning most part of your coins in your wallet. This is the best of two worlds.

It is time to banking to change their business model.

Typical believer's talk   How retarded you must be to store value in something that can lose all of it's value within hours  

Typical greedy daytrader's talk.
How retarded you must be to store value in banks databases, piece of papers or unusable gold that could lose all of it's value within days

Ah and I missed a point : Bitcoin can't be counterfeit

[BitCoinNutJob]

The haters are pretty funny, they come on a bitcoin forum to hate lol.... every mention of the word bitcoin adds more value for or against.

[youngmike]

Bitcoin is nothing but a money transfer system and not even easy to use compared to Paypal Forget the mass adoption, even 50$ BTC is overpriced when you think about how useful it is  

Even if Bitcoin is ill-suited for instant money transfer, there are a few things that make it (and some alt) unique :
- you are the owner of your coins as long as nobody else knows your private key (so avoid web wallets) ;
- you don't need to trust anybody to store your money ;
- you don't need to be accepted by financial system to receive coins ;
- total amount is capped, and inflation controled meanwhile ;
- there is a good level of anonymity if you stay in legit economy.

So for a value storage system, Bitcoin is a must.

For daily expense, I think we could transfer Bitcoin to a trusted intermediary (bank, Paypal) then use current system. Exposure is limited as you keep owning most part of your coins in your wallet. This is the best of two worlds.

It is time to banking to change their business model.

Typical believer's talk   How retarded you must be to store value in something that can lose all of it's value within hours  

Typical greedy daytrader's talk.
How retarded you must be to store value in banks databases, piece of papers or unusable gold that could lose all of it's value within days

Ah and I missed a point : Bitcoin can't be counterfeit

Whatever   I dumped my btcs and alts long time ago  and so did other investors I personally know   It was a nice ride and you must enjoy your bag holdings  
Time to get rich with assets  

[creuz]

Bitcoin is nothing but a money transfer system and not even easy to use compared to Paypal Forget the mass adoption, even 50$ BTC is overpriced when you think about how useful it is  

Even if Bitcoin is ill-suited for instant money transfer, there are a few things that make it (and some alt) unique :
- you are the owner of your coins as long as nobody else knows your private key (so avoid web wallets) ;
- you don't need to trust anybody to store your money ;
- you don't need to be accepted by financial system to receive coins ;
- total amount is capped, and inflation controled meanwhile ;
- there is a good level of anonymity if you stay in legit economy.

So for a value storage system, Bitcoin is a must.

For daily expense, I think we could transfer Bitcoin to a trusted intermediary (bank, Paypal) then use current system. Exposure is limited as you keep owning most part of your coins in your wallet. This is the best of two worlds.

It is time to banking to change their business model.

Typical believer's talk   How retarded you must be to store value in something that can lose all of it's value within hours  

Typical greedy daytrader's talk.
How retarded you must be to store value in banks databases, piece of papers or unusable gold that could lose all of it's value within days

Ah and I missed a point : Bitcoin can't be counterfeit

Whatever   I dumped my btcs and alts long time ago  and so did other investors I personally know   It was a nice ride and you must enjoy your bag holdings  
Time to get rich with assets  

What you do of your life is without interest. And for other investors you personnally know I suppose they live in the same place.
You're right dude, keep your dollars and sell me your BTC.

[Guido]

buy...hodl

that is all

[LiteCoinGuy]

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.

could be true....or bitcoin is just dead?  dont know

[ChuckBuck]

Who knows when it's TIME TO BUY?  It could be now, it could be at $100, it could be at $0.01.

Whatever you do, DO NOT SELL!  Worst possible time to do so, especially if you bought coins at the high last year.

Just gotta suck it up, and wait this downward movement out.

OR load up some more a little bit each week.

[inBitweTrust]

Anything before mid 2016 is time to buy .... and after that as well.

[smashing]

Whatever   I dumped my btcs and alts long time ago  and so did other investors I personally know   It was a nice ride and you must enjoy your bag holdings  
Time to get rich with assets  

Then why are you hanging out on this forum?

Look... Bitcoin is digital gold, and a belief system, like many other stores of value. It's many other things too, but thinking of it as digital gold first and foremost is useful. It also reflects how most people are using it (or rather not using it currently).

People with money to invest need to put it somewhere, they need to diversify their investments to control risk, and Bitcoin is as good an investment as any, and may prove to be better than others, or not. It's why I'm putting a percentage of my money into Bitcoin. I also like that I can move money around (across borders) easily and at low cost.

With a finite amount of Bitcoin available (21 million), and gradually over time more and more (mainstream) people coming in to the market to buy it, my bet is that it's going up. Your bet is clearly different and that's fine. Someone has to sell for someone to buy and vice versa.

Remember we are still very early on in the adoption curve - see other technology adoption curves infographic.

Good luck in what you do.

http://s199775.gridserver.com/adoption-curve-different-technologies.jpg

[princesocapuyo]

Everything points for BTC growth, so yeah I guessTIME TO BUY!!
Each day more and more vendors are using BTC and more businesses are "adopting" it as a payment method. It's still a little risky investing so much in BTC though, as it's just starting. I don't buy a lot of BTC yet, but I would definitely NOT sell them as they seem to be the future. If someone got BTC in the first place then I would guess that person believes in them, if not then it's their call, they might be right.

[thirdprize]

I will probably buy some when I feel it has bottomed out.  However, that is still a long way away.  You look at the curves and they are still going down.  Buy today and you will have lost by tomorrow.

[orsotheysaid]

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.

It has been a good idea to do that since sub 500

[Daanie]

It's time to do whatever you want to do. I've seen so many people predict and many times they were wrong, except for a few individuals.

[fvs114]

Who knows when it's TIME TO BUY?  It could be now, it could be at $100, it could be at $0.01.

Whatever you do, DO NOT SELL!  Worst possible time to do so, especially if you bought coins at the high last year.

Just gotta suck it up, and wait this downward movement out.

OR load up some more a little bit each week.

I totally agree. I'll buy some now, and if it'll go to 100, i'll buy more  .

[fewcoins]

I am a permabear and even I was buying after today's low... I am now full leverage long around the 317~ level
We should have a nice pop tomorrow & we are already extremely oversold so whats the point of shorting more when there is a pop/short squeeze in the works soon

[nauane]

It's time to do whatever you want to do. I've seen so many people predict and many times they were wrong, except for a few individuals.

said it all!

[fewcoins]

I am a permabear and even I was buying after today's low... I am now full leverage long around the 317~ level
We should have a nice pop tomorrow & we are already extremely oversold so whats the point of shorting more when there is a pop/short squeeze in the works soon

THE BOUNCE WILL HAVE SHORTERS RACING TO COVER LIKE 
While I'm like 

[NotLambchop]

ouch.