I may be eating my words, said i thought 1000 was the floor... with waffle having such a downforce... i'm not too worried. I've got some btc ready JIC too.
To be fair it's been on a gradual rise all day (London time) and faltering around the 1100 - I'd be surprised if it gets below 900's but who knows.
Don't get too greedy and just buy in. If you think the value is going to at least 2x times then it doesn't matter to much if you enter at 900 or 1200.
Ok I will stop posting about prices, but here it goes my last post about it:
It maters a lot, if you put 1 BTC at 1200 and then the price goes to 1800, how much do you have ?.
1.5 BTC.
If you wait a little bit and buy at 900 you have 2 BTC.
I you wait until the bottom (600) you will have 3 BTC.
It gets more and more extreme the lower the price goes.
If you wait price go to 2000 you invest 1 btc and you have 2 btc if the price go to 4000
IF YOU INVEST NOW YOU HAVE 4 BTC.
I will not invest if the price is 2000, either I will have lot of BTC or 1 BTC.
Edit: over and out, this was my last post on prices .
i will wait one more day,
even if the price go up, will not go up fast when we have 40 million not distributed
i wouldn't be surprised if it did go up fast, and before the end of PoW. at any moment someone with a lot of btc might come along and decide they want this coin.
no real investor will touch this coin before the full distribution finish, he will be very stupid to pump the coin and get the dump on easily from cheap mined coins
don't agree?
over 87% of all coins are mined and tomorrow all coins are mined, a person with 1000 btc can easy pump the coin till the end and over