screwUdriver
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January 02, 2015, 06:50:00 AM |
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Mt Gox and China again!!, I really wish Mt Gox never happened, the price would be at $2000 or higher. People just lost hope when things like Mt Gox happended ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) . Not much of a Gox fanboi myself, but it has driven bitcoin price since 2010. We could be trading ~$1 without it. Gox didn't have anything to do with where the price went in the past. If anything it has put pressure on the overall price of bitcoin as people have lost faith in it. Gox was only a trading platform for bitcoin, if it was not there then someone else would have stepped in it's place.
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Braedo
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BtcMarkets - Australian Bitcoin Trading Platform
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January 02, 2015, 08:06:31 AM |
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Most likely i will buy ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Expect something very bad happened to bitcoin, i will sell as fast as possible But, i hope that never happen Might aswell sell all your coins now with that mindset.
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fat buddah
Full Member
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Get Ready to Make money.
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January 02, 2015, 09:12:10 AM |
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if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat
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Penis
Jr. Member
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January 02, 2015, 09:28:57 AM |
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Bitcoin (and altcoins) currently only represent about 10 percent of my wealth so I wouldn't be too devastated if it dropped to $275. That was April 2013's ATH. No way will I be leaving. This is too important.
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fearlesscat10
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January 02, 2015, 10:31:59 AM |
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If it goes down to that, I'd buy and buy and buy. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I don't think it'll ever reach $100. A lot of people, like me, would also buy a lot if it goes below $300.
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BlindMayorBitcorn
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January 02, 2015, 12:45:22 PM |
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if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat
Getting tired of sitting in inflation coin too eh?
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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asdlolciterquit
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January 02, 2015, 01:17:27 PM |
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i'm not going to buy even a single satoshi until something will make me sure that the price in the future will rise.
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ChuckBuck
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January 02, 2015, 01:33:13 PM |
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I've been waiting weeks for the price to get to $275, it's taking forever! ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.reactiongifs.com%2Fr%2F2012%2F11%2Ftake-my-money.gif&t=665&c=UAUKby2ATENSXA) Only reasonable thing to do really is double up and take more position, especially if you're pot committed from 2013.
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BlindMayorBitcorn
Legendary
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January 02, 2015, 11:41:19 PM |
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I've been waiting weeks for the price to get to $275, it's taking forever! ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.reactiongifs.com%2Fr%2F2012%2F11%2Ftake-my-money.gif&t=665&c=UAUKby2ATENSXA) Only reasonable thing to do really is double up and take more position, especially if you're pot committed from 2013. Good money after bad. It's the only thing we have left ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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screwUdriver
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January 03, 2015, 07:06:10 AM |
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if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat
This probably would be a pretty bad investment. As a general rule altcoins' value tends to fall faster when the price of bitcoin is falling and tends to rise at a lesser pace when the price of bitcoin is rising. If you think the price of bitcoin is going to fall then you will end up loosing even more money by investing in altcoins
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botany
Legendary
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January 03, 2015, 02:49:17 PM |
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if it dumps more i sink all my BTC into low inflation alts - no point selling for fiat
This probably would be a pretty bad investment. As a general rule altcoins' value tends to fall faster when the price of bitcoin is falling and tends to rise at a lesser pace when the price of bitcoin is rising. If you think the price of bitcoin is going to fall then you will end up loosing even more money by investing in altcoins If you stay invested in crypto-currencies, Bitcoin would be a better bet. You never know which alts would go bust.
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Aemon
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January 03, 2015, 07:32:18 PM |
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I think Bitcoin will remain the best crypto without a question. It really is just how low will it go though. I predict it will be below $200 dollars in the next 3 months. Hopefully it can bounce back up after that though.
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Kipsy89
Sr. Member
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Relax!
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January 03, 2015, 07:58:24 PM |
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I am never going to lose my faith in Bitcoin! It's such an awesome invention and I am certain of its long-term success! $275 will be hard, but I will ride it even lower if I need to! Getting off the train at that point looks like a big mistake in my eyes! THen again, I could be wrong ;(
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gjgjg
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January 04, 2015, 01:05:41 PM Last edit: January 04, 2015, 01:36:48 PM by gjgjg |
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So, who kept buying? Anyone miss their 275 auto buy orders?
Edit: oops nevermind, 275 broken
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Wandererfromthenorth
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January 04, 2015, 01:26:54 PM |
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I am never going to lose my faith in Bitcoin! It's such an awesome invention and I am certain of its long-term success! $275 will be hard, but I will ride it even lower if I need to! Getting off the train at that point looks like a big mistake in my eyes! THen again, I could be wrong ;(
The trend is your friend, and for now the trend is down...
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Wandererfromthenorth
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January 04, 2015, 01:27:26 PM |
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Double bottom broke on Bitstamp too, new post-bubble low.
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Aemon
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January 05, 2015, 04:24:59 AM |
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If it goes to 275, I will continue to not buy. As much as I would like to, I just can't afford to take a hit in fiat at the moment. It would hurt me as I am switching jobs and won't have a pay check for a month. I hope I am dead wrong but I just don't see us getting out of this one.
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Flashman
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January 05, 2015, 11:16:00 AM |
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Well it's always wise never to put money in that you need in the short term, never know where it's going to be. Money you don't need over the mid term, then it's a good time to buy.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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Aemon
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January 05, 2015, 02:49:19 PM |
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Now that it is below 275, how many people are following up with actually buying that said they would? It looks like Bitcoin just keeps going lower and lower and faster and faster. Is the end near and are we going to get out of this?
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ChuckBuck
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January 05, 2015, 02:50:46 PM |
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I think this thread title price value might have to be lowered a bit with the Stamp news. Just an unreal start to 2015...in a very bad way. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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