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Topic: $640 good price to buy? (Read 5329 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
March 21, 2014, 05:49:35 PM
#60
$400 is the buy price. If BTC breaks below $400, we're sunk.

If it sinks below $400 I'll be jumping for joy, that's that much cheaper I can buy at! People are freaking out because in the past week and a half it's dropped about 100$... a month ago it was the exact same amount it was at as it is today... if it dips even further who cares! Bitcoin is catching on more and more every day, more businesses accepting it, more consumers spending it, more countries becoming friendly to it, ATM's popping up everywhere. It will regain value. This is not a get rich quick scheme, it's introducing a brand new currency in the world... have some faith, and patience.
+1
sr. member
Activity: 336
Merit: 250
March 21, 2014, 05:47:33 PM
#59


 Grin Grin Grin

See? I told you it's a trap  Grin Grin Grin
full member
Activity: 176
Merit: 100
March 21, 2014, 05:38:29 PM
#58
In April Bitcoin will collapse, so no, it is not a good buy !

Not so sure about that, I think volatility will start picking up and the price will eventually start to slowly rise again.
member
Activity: 70
Merit: 10
March 21, 2014, 05:36:58 PM
#57
$400 is the buy price. If BTC breaks below $400, we're sunk.

If it sinks below $400 I'll be jumping for joy, that's that much cheaper I can buy at! People are freaking out because in the past week and a half it's dropped about 100$... a month ago it was the exact same amount it was at as it is today... if it dips even further who cares! Bitcoin is catching on more and more every day, more businesses accepting it, more consumers spending it, more countries becoming friendly to it, ATM's popping up everywhere. It will regain value. This is not a get rich quick scheme, it's introducing a brand new currency in the world... have some faith, and patience.
full member
Activity: 150
Merit: 100
March 21, 2014, 05:33:36 PM
#56
$400 is the buy price. If BTC breaks below $400, we're sunk.
legendary
Activity: 2632
Merit: 1023
March 19, 2014, 05:29:03 PM
#55
I think there is going to be some serious resistance when we finally hit the 1k mark again.   I think there are a lot of people holding out and waiting for it to hit 1k so that they can sell at a profit, or break even if they bought near the height of the market.   Psychologically $1,000 seems much higher than a price in the $900s even though it isn't much of a difference...

I would agree with you, expect everyone thought the same thing in November.  There were some people that sold after we reached the first ATH at $266, then some people sold all of their coins when the price doubled the ATH at $500.  Then it reached over $1000.

There might be some selling at $1000 but don't underestimate people ability to panic buy!  Grin

$266 seemed so high at the time...such a bargain now....remember all the bagholders a 250+, there were threads how does it feel to buy at $250x?
sr. member
Activity: 308
Merit: 250
March 19, 2014, 08:45:51 AM
#54
In April Bitcoin will collapse, so no, it is not a good buy !

https://bitcointalksearch.org/topic/january-31st-the-downfall-of-bitcoin-433530

Don't take this FUD troll seriously.
member
Activity: 70
Merit: 10
March 19, 2014, 08:41:03 AM
#53
I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.

I think everyone that has "dumped" already did so after the Mt. Gox fiasco.  There are plenty of people waiting on the sidelines that will buy as the price moves up.  Just wait and you will see. Wink

I am talking about 750k stolen gox coins. I am talking about recent 200k coins move.
The people that dumped already are the ones who panic sold on other exchanges after mt.gox collapse.

Those coins will likely be slowly spent and/or sold over the next decade or more, especially if price keeps going up.

member
Activity: 70
Merit: 10
March 19, 2014, 08:27:16 AM
#52
I wouldn't buy anything now. there is loads of btc just waiting to be dumped at the right moment. Just wait a few more days/ weeks and you will see.

I agree... for the most part... what I do is I buy what I plan to spend in the following week +10%, the 10% goes cold storage and the rest I use for purchases.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
March 18, 2014, 10:35:00 AM
#51
In April Bitcoin will collapse, so no, it is not a good buy !


Weren't you also saying this about LTC before it skyrocketed past $40?

I wasn't even active on this forum then lol

Ok...so in your opinion...why is BTC going to collapse in a few weeks?
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
March 18, 2014, 10:34:08 AM
#50
I think we may be coming up an another good time to buy if you are looking to throw some more money at it.   As blockchain.info continues is outage...prices seem to be slowly dipping..

There has been a lot more adoption throughout the world with a lot of retailers from all different industries...we are due for another rally after this slight dip (IMO)
hero member
Activity: 717
Merit: 501
March 14, 2014, 05:48:07 PM
#49
In April Bitcoin will collapse, so no, it is not a good buy !


Weren't you also saying this about LTC before it skyrocketed past $40?

I wasn't even active on this forum then lol
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
March 14, 2014, 02:32:45 PM
#48
In April Bitcoin will collapse, so no, it is not a good buy !


Weren't you also saying this about LTC before it skyrocketed past $40?
sr. member
Activity: 285
Merit: 250
March 14, 2014, 09:12:52 AM
#47
I just read this analysis about $640 being a pivot point. it is suggesting that it is a good time to buy.

http://bitscan.com/articles/analysis/btc-update-9-march

He has a great chart showing the pricing trend as well.

Maybe, maybe not. Consider waiting for a day when the market sells off on heavy volume to get a bargain, may very well see $500 coins again.
hero member
Activity: 717
Merit: 501
March 14, 2014, 08:38:08 AM
#46
In April Bitcoin will collapse, so no, it is not a good buy !
hero member
Activity: 826
Merit: 501
in defi we trust
March 13, 2014, 04:38:02 AM
#45

sure, we possibly wouldnt be at this price without mtgox but we definately dont need mtgox anymore, what makes u think bitcoin depend on one exchange? not even that but an exchange that had very corrupt code, horrible customer support and shady actions and was initially supposed to be trading fucking magic cards

about the money lost, i dont know the exact sum but some say its 750k bitcoin that is taken off the market

that means there is potentially 750k less bitcoin for sale which should make the price go up
supply and demand brother Cool

I said that because of
Quote
"mtgox have had a bad reputation for years"
. Actually they had a somewhat good reputation if we cut 2013 and some wacky hack

I'm not sure about the lost coins actually being lost. It's either that gox still has them or that some users withdraw them maliciously...
So , those coins belong to somebody right now , meaning that there are still available for sale.
As for the money lost or frozen in banking accounts , those are gone for a few months or forever.
legendary
Activity: 2338
Merit: 1035
March 13, 2014, 04:24:55 AM
#44


Just like many others you're forgetting some stuff
It was gox that helped the rocket to 1000+. Also , despite the initial failure at 266 it was gox that froze the trades that stopped BTC from reaching 1$ in April.
Also , gox was the pillar for bitcoin till the start of 2013 , without magical tux bitcoin wouldn't be here at this price.

And how the hell are the money lost going to increase the price?
By scaring the hell of the ask wall with the emptiness of the bid wall?


sure, we possibly wouldnt be at this price without mtgox but we definately dont need mtgox anymore, what makes u think bitcoin depend on one exchange? not even that but an exchange that had very corrupt code, horrible customer support and shady actions and was initially supposed to be trading fucking magic cards

about the money lost, i dont know the exact sum but some say its 750k bitcoin that is taken off the market

that means there is potentially 750k less bitcoin for sale which should make the price go up
supply and demand brother Cool
hero member
Activity: 826
Merit: 501
in defi we trust
March 13, 2014, 04:18:24 AM
#43
$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

I will  be surprised if anything will happen at all. It will take some times to wash away the goxxxie thingy.

how so? i think most people realize gox has nothing to do with bitcoin

But the money and coins lost there?
Also a lot of people are now afraid to send large amount of $ and coins to exchangers , don't underestimate the psychological impact of that story.

the money and lost coins are just gonna increase the price

even if all of those who got goxxed decide to not buy any bitcoin at all

the exchange part i guess is somewhat of a concern but i dont think its gonna impact that much. mtgox have had a bad reputation for years

Just like many others you're forgetting some stuff
It was gox that helped the rocket to 1000+. Also , despite the initial failure at 266 it was gox that froze the trades that stopped BTC from reaching 1$ in April.
Also , gox was the pillar for bitcoin till the start of 2013 , without magical tux bitcoin wouldn't be here at this price.

And how the hell are the money lost going to increase the price?
By scaring the hell of the ask wall with the emptiness of the bid wall?
legendary
Activity: 2338
Merit: 1035
March 13, 2014, 04:08:00 AM
#42
$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

I will  be surprised if anything will happen at all. It will take some times to wash away the goxxxie thingy.

how so? i think most people realize gox has nothing to do with bitcoin

But the money and coins lost there?
Also a lot of people are now afraid to send large amount of $ and coins to exchangers , don't underestimate the psychological impact of that story.

the money and lost coins are just gonna increase the price

even if all of those who got goxxed decide to not buy any bitcoin at all

the exchange part i guess is somewhat of a concern but i dont think its gonna impact that much. mtgox have had a bad reputation for years
hero member
Activity: 826
Merit: 501
in defi we trust
March 13, 2014, 04:03:29 AM
#41
$640 seems to be Stamp's new $666.   We had found a cozy home around $666 for a while, and now it seems to be hovering around the $640 range.   I think we are due for a rally soon, with so much more adoption every day...

its about time for rally soon

i will definately be surprised if we havent peaked $2k in 2-3 months

i personally expect a peak of $4k-6k but i might be disapointed

I will  be surprised if anything will happen at all. It will take some times to wash away the goxxxie thingy.

how so? i think most people realize gox has nothing to do with bitcoin

But the money and coins lost there?
Also a lot of people are now afraid to send large amount of $ and coins to exchangers , don't underestimate the psychological impact of that story.
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