cryptoforcause (OP)
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February 12, 2015, 01:48:41 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? In a recent graph plotting, where bitcoin price was plotted against the log of difficulty, it was found that bitcoin will first reach 40 USD and then bounce back to increase upto 15000 USD. Further could not be predicted as difficulty beyond that was beyond prediction due to the probability of new hardware in between. Oh what? Really?? Can you please post the chart?? I really can't believe it
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ChuckBuck
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February 12, 2015, 01:52:43 PM |
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If your just sitting on your hands waiting to push the Sell Button once it's $400, you're going to really kick yourself if it goes to $500, $600, $1000 etc.
Don't think of a fixed number or price, think of timeframe, maybe a year, 2, 5 years down the line. If it isn't adopted or ends up a failed experiment in a year or so, get out of your position, and never look back.
If you're believer, and you see and hear lots of great things happening in the ecosystem, see ATMs sprouting up, see companies continue to support and adopt BTC, then maybe hold it a bit longer to see what'll happen.
Don't listen to anyone on these forums on what to do with your stash, it's strictly on you. If you believe in Bitcoin or not.
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cryptoforcause (OP)
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February 12, 2015, 01:53:21 PM |
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Don't you worry about a thing friendo! Chuckbuck is shaking the magic 8 ball as we speak right now... Sign points to yes! The wise magic 8 ball has spoken. Interpret that answer as you must (chucks magic 8 ball down the street). Me personally, I'm HODLING till we don't have to HODL no more... Oh Yeah!!
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cryptoforcause (OP)
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February 12, 2015, 01:54:29 PM |
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I dont think it is a good time to sell right now, if your patient you can wait one more year until the blocks get halved. I'd imagine the price rise up afterwards.
I am quiet impatient. Don't know if I will be able to have these BTC in hand till the next year It's not good to be impatient when doing business. And sitting on Bitcoin is just a risky business. From what I understand you "invested" more that you'd afford to lose. And this means that whenever Bitcoin will go over your target of 400$, it will be "just" after you, impatiently, sold. Thanks for the advice sir!! Will keep in mind
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GermanGiant
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February 12, 2015, 02:28:15 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? In a recent graph plotting, where bitcoin price was plotted against the log of difficulty, it was found that bitcoin will first reach 40 USD and then bounce back to increase upto 15000 USD. Further could not be predicted as difficulty beyond that was beyond prediction due to the probability of new hardware in between. Oh what? Really?? Can you please post the chart?? I really can't believe it Truths are sometimes unbelievable... http://www.bitcoinx.com/bitcoin-average-all-days-logarithmic-chart/...could not find the future plot.
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sgravina
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February 12, 2015, 02:47:03 PM |
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... Can anyone tell that when do we expect the prices to again reach 400$+ ...
The exchange rate is scheduled to pass $400 / bitcoins in either mid-July or mid-August, I forget which. But there is no point selling then because the all time high of $4,670 / bitcoin will be in June of 2016 after a very sharp run up that spring. They will never be that high again so that is when I am selling.
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1Referee
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February 12, 2015, 02:55:52 PM |
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My crystal ball said 400$ will be reached by 19.6.2016. Not sure if it is lying.
By looking at your avatar, it's "telling" me that your prediction is a very solid one. OP, just hold your coins, or buy something nice with them. Selling at this point is not really a smart move, and you'll regret it for sure when price goes up again.
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cryptoforcause (OP)
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February 12, 2015, 03:29:47 PM |
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My crystal ball said 400$ will be reached by 19.6.2016. Not sure if it is lying.
By looking at your avatar, it's "telling" me that your prediction is a very solid one. OP, just hold your coins, or buy something nice with them. Selling at this point is not really a smart move, and you'll regret it for sure when price goes up again. Sure thanks bro for the advice..
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TookDk
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One coin to rule them all
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February 12, 2015, 03:33:22 PM |
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I dont think it is a good time to sell right now, if your patient you can wait one more year until the blocks get halved. I'd imagine the price rise up afterwards.
I watched the halving of various altcoins, for those cases I have studied, the value always increase 2-10 days before the halving, and then crashes quite hard at the time of the halving. Not saying that the same will happen for bitcoin, just don't underestimate the power of the expectation.
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Cryptography is one of the few things you can truly trust.
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uki
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cryptojunk bag holder
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February 12, 2015, 04:03:53 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? It is very hard to predict the price, and especially when the exact level will be reached. Nevertheless, it is important to follow the basic trading rules: buy low and sell high. And this current price is definitely not a sell-high price, it is actually the buy-low price or very close to that. Therefore my hint, if not absolutely necessary do not sell your BTC. Wait. Be patient. The price will come to you and you will know when to sell.
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Herbert2020
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February 12, 2015, 04:43:54 PM |
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you can hodL if you don't need the money badly and it might just go up and make you rich(er)
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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pooya87
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Crypto Swap Exchange
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February 12, 2015, 04:47:03 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? when you buy something like bitcoin that its price changes a lot you have to make up your mind at the time of buying. if you want to hold long term and you believe that the price is going to rise above your buy level then close your eyes to the current price and sit on your stock!
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NotLambchop
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February 12, 2015, 05:45:19 PM |
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... when you buy something like bitcoin BTCeanie BTCabies that its price changes a lot you have to make up your mind at the time of buying. if you want to hold long term and you believe that the price is going to rise above your buy level then close your eyes to the current price and sit on your stock!
Good point, also fixed your typo.
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Amph
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February 12, 2015, 05:57:51 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? well 400 doesn't sound that hard does it?, it could be in 1-2 months or at the end of this year, but it certainly possible
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Oscilson
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February 12, 2015, 07:23:33 PM |
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Hold them, I still believe the price will hit $500 this year.
$500 is possible.
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manselr
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February 12, 2015, 07:29:39 PM |
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I got some BTC and want to sell them. The prices have gone down too much in past few months. Can anyone tell that when do we expect the prices to again reach 400$+ Also do we expect the prices to go even down? If yes, Shall I buy more BTC? I seriously think its not the correct time to sell the BTC, what you think? well 400 doesn't sound that hard does it?, it could be in 1-2 months or at the end of this year, but it certainly possible This is the year of stability on the low areas under 500 imo. Its the last year to try to stack as many BTC as humanly possible. Let us not miss the boat twice for Satoshi.
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Bralex
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February 12, 2015, 07:47:10 PM |
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You are in control of you're bitcoin if you want to sell then you should sell, do not let anyone speak you out of it telling you moon is coming etc Also you will not get the answer you're looking for about price, the thing is nobody knows if they did then they would be extremely rich and to busy to give you their knowledge what you need. But i will tell you i am holding for years to come if you believe in bitcoin then it's an easy decision and then you would also know when to buy more Man I agree with your sayings. I just wanted to get some tips. And those who are regular buyers and sellers of BTC do have an approximate idea that will price go up or down. I personally have no idea as I have bought and sold BTC only 4 times till now. Just wanted some help I have been buying and selling Bitcoin awhile and it's just full of surprises lol I can give you a tip but only invest what you can afford to lose, that being said there maybe/is a fork coming up in the near future and imo if that does not go smoothly then we will see a drop in price for sure. Me personally am buying up to the fork in small amounts if it drops before during and just after the fork i will be buying larger amounts. Good luck with you're future in BTC To answer you're question will it reach $400 again yes i think it will but not till after what i have told you.
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rosh
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February 13, 2015, 04:48:20 PM |
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Hold them, I still believe the price will hit $500 this year.
$500 is possible. When? In a year? A year is a long time by Bitcoin's standards.
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Oscilson
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February 16, 2015, 03:53:02 PM |
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Hold them, I still believe the price will hit $500 this year.
$500 is possible. When? In a year? A year is a long time by Bitcoin's standards. I think by the end of 2015.
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pereira4
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February 16, 2015, 04:50:59 PM |
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My crystal ball said 400$ will be reached by 19.6.2016. Not sure if it is lying.
L0L Hope it is lying. Wish it gets to 400$ by 19.6.2015 This summer, aka your prediction is pretty legit.
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