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Author Topic: Time to buy  (Read 1370 times)
mercistheman (OP)
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January 11, 2015, 08:36:47 AM
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At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  Wink
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January 11, 2015, 08:54:46 AM
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275 USD... hmmm... BitStamp has increased the selling pressure again. I'd rather invest in bitcoin business than directly into bitcoin.

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January 11, 2015, 09:02:24 AM
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Looks like the price is on the downtrend. I expected it to breach 300 usd towards the weekend and then progress upwards further but instead have made a u-turn. Who knows what is going to happen next. Would rather wait for now.

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January 11, 2015, 09:16:07 AM
 #4

Is it though? Seems we are taking huge hits then levelling then another hit and so on. I haven't dumped any of my coins but I am not convinced I should be buying more at the moment. I think we may have abit further to fall.

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mercistheman (OP)
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January 11, 2015, 09:25:38 AM
 #5

No regrets... if you don't believe it will at least surpass $400 by the end of the year then you have small hones.
The purchase today is for the long run... $275 is better spent on the future than a hotel and & decent meal.
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January 11, 2015, 03:37:32 PM
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Quote from: mercistheman
At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  ?
a bet is always a bet, no matter the information, it's called a bet for a reason, maybe a smarter and safer bet, but still things can go south.


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January 11, 2015, 03:45:34 PM
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Looks like the price is on the downtrend. I expected it to breach 300 usd towards the weekend and then progress upwards further but instead have made a u-turn. Who knows what is going to happen next. Would rather wait for now.

It is weekend, plus people are worried about the destiny of the Bitstamp stolen coins, plus the trial of Ullbricht.

I see no reason for a up move right now, but in few days things might change
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January 11, 2015, 03:47:12 PM
 #8

At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  Wink

Microsoft and all the other news came about a month back . The price has actually fallen since then.
The trend has been fall in prices after every big news.
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January 11, 2015, 04:02:06 PM
 #9

I can call it that this is the time to buy it because the price kinnda low recently.

But we can only wish that the price will raising up

At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  Wink
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January 11, 2015, 04:04:15 PM
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Who knows what is going to happen next.
I know. But you will not like my answer.
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January 11, 2015, 04:05:32 PM
 #11

At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  Wink

~275$ for 1 BTC . That's not bad at all , It is time to buy yea
but I would say it will go down more again before it will rise like hell (when the halving happens on 2016)
Still... weird why the price didn't rise again after Bitsmap is back to work , I don't get it . I thought Bitsmap getting hacked was the reason of the fall of the price

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January 11, 2015, 04:07:32 PM
 #12

At this time I am pleased to spend on BTC... the infrastructure advances and Microsoft endorsement (plus many others) sways me to believe it is now a safe bet.. the cost is not a high risk today... jump in the water is warm  Wink

~275$ for 1 BTC . That's not bad at all , It is time to buy yea
but I would say it will go down more again before it will rise like hell (when the halving happens on 2016)
Still... weird why the price didn't rise again after Bitsmap is back to work , I don't get it . I thought Bitsmap getting hacked was the reason of the fall of the price

People dreamed of this price months ago and the BTC market is better then ever.  Great time to pick up some more.
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January 11, 2015, 04:09:15 PM
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If you buy keep buying what you can afford in smaller amounts over the next few months, it has not hit the bottom yet imo but i also believe its not reached its peak and it wont for a few years atleast Shocked
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January 11, 2015, 04:17:31 PM
 #14

275 USD... hmmm... BitStamp has increased the selling pressure again. I'd rather invest in bitcoin business than directly into bitcoin.

Selling pressure? So?

At this point it's worth buying no matter how much "sell pressure" there is.
mercistheman (OP)
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January 11, 2015, 04:56:15 PM
 #15

If you buy keep buying what you can afford in smaller amounts over the next few months, it has not hit the bottom yet imo but i also believe its not reached its peak and it wont for a few years atleast Shocked
Exactly... sure it might still drop... are we waiting for it to hit $50 before saying it's safe to buy?... If folks don't believe it will eventually bring back a decent return maybe they should only invest in low risk minimal return ventures.
Buying is the best way to ensure long term health.
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January 11, 2015, 05:12:55 PM
 #16

im hoping bitcoin rise in next month
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January 11, 2015, 05:25:59 PM
 #17

Gonna come down to double digits. Buy for 80$ later in the year. Maybe even 50$.
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January 11, 2015, 05:56:20 PM
 #18

Gonna come down to double digits. Buy for 80$ later in the year. Maybe even 50$.

Can you motivate that statement with facts?

You cannot predict something, based on what you have been seeing on the slowest months of the year.

People tend not to make huge investment decisions during Dec/Jan -- Holiday seasons.  Wink

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January 11, 2015, 06:02:19 PM
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You cannot predict something, based on what you have been seeing on the slowest months of the year.
He can not. You can not.
I can.
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January 11, 2015, 06:06:25 PM
 #20

Gonna come down to double digits. Buy for 80$ later in the year. Maybe even 50$.

Can you motivate that statement with facts?

You cannot predict something, based on what you have been seeing on the slowest months of the year.

People tend not to make huge investment decisions during Dec/Jan -- Holiday seasons.  Wink

You're right Dec-Mar people usually spend all of their disposable income paying off crappy little plastic gifts they gave people they don't even really like on Dec 25. I gave a friend a kindle fire for Christmas and it took her exactly two days to sit on it and break it in half. I haven't even paid the credit card bill I used to buy it yet. FML

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