Topic: At what price point per BTC will it be too late for the average person - page 2. (Read 2095 times)
August 30, 2017, 05:14:01 AM
In my personal thinking, however high the price goes it'll be always an affordable asset to the average people. This is all because of the divisible units of bitcoin. Maybe when the price goes much higher, people might be able to buy few Satoshi based on the price.
August 30, 2017, 05:09:03 AM
Hello everyone,
I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif
I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif
Good discussion point. Good to see I'm not the only one that is thinking about this. The blockchain is here to stay. No matter what any crypto will do in the upcoming years. I think that's a conclusion we can make by now. Do you know this interesting site? https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis. See: https://www.coincheckup.com/coins/Bitcoin#analysis To watch Bitcoin Detailed report.
August 29, 2017, 05:44:29 AM
It is too late for an average person to buy bitcoin when it hits 10,000 USD because that is a too expensive price for me and it is not affordable for almost all the people and most of them will just doubt about bitcoin so as long as the price of bitcoin is not touching even half of that 10,000 USD we should continue buying bitcoin and holding it for a long term purpose.
August 28, 2017, 11:21:14 PM
we are in the early stages of second stage of Early Adopters.
and remember this is not price chart. it is showing only the adoption and how it changes over time. it is slow at first then speeds up and when everyone knows about that technology there is no one left to find out about it!
the price chart would look like an S which is slow at first then speeds up with sharp rise to a high price then slows down and plateaus on that high price and stays there.
August 28, 2017, 11:14:44 PM
I think that the price will have to get up very high before the average person is not able to buy, since you are able to hold down to a very small amount.
But I also think that it woud be more beneficial for people to know that you can buy partial bitcoins. I feel like mainstream media doesn't know all that well that you don't have to buy one whole coin at a time.
But I also think that it woud be more beneficial for people to know that you can buy partial bitcoins. I feel like mainstream media doesn't know all that well that you don't have to buy one whole coin at a time.
August 28, 2017, 07:26:31 PM
It only could be late with 1 condition: if the fiat currencies become valueless.
In other cases it will never be late.
I somehow agree with your point of view. I get the same feel that it will be never too late to buy the bitcoin. This is because bitcoin comes up with a new and higher price after sometime. This takes its users by storm and they involve more into this. Now, if we talk about the fiat money, fiat money will not vanish ever. Its use may become less in future but it can never vanish. In other cases it will never be late.
August 28, 2017, 10:55:25 AM
Hello everyone,
I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif
I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
http://www.valuebasedmanagement.net/images/picture_rogers_adoption_innovation_curve.gif
No idea how much research you have done, but I suggest you look into how big this could possibly go, 2017 could well be seen as the early lucky days for those getting in when the 2020's arrive, but of course they could tank as well
What I am finding strange and at the same comforting about the bitcoin is that so many brainy people and business types are now starting to speak highly of bitcoin while the mainstream are still scared to death of it. I now find it amazing that so many people will have have 5 or 6 figure sums in banks with no worries and yet they still question bitcoin, the most honest fiat currency of the lot IMO.
It is very possible that you are far from being too late, just look at this forum for example and the size of it's membership, there is a lot of interest out there. I am never going to tell anyone of here how much bitcoin I have except that it is one or above, and if I am correct there is only 16 million of them out there, just think about the numbers and possibilities , research research and research and then take a calculated risk if you are happy without going All in
August 28, 2017, 10:28:57 AM
My guess is that you are between 50 and 60 years old and you can afford to buy one bitcoin. Go for it, buy it now, it won't make you a millionaire, but in 10-20 years from now you will have your retirement assured from this bitcoin. I'm 49 years old and I just sold one month ago all the bitcoin I had (0.5 bitcoin), now I try to make this money (0.5 bitcoin) in the coming years, in 10 years I could probably buy something big from this money.
Or if you want another advice, buy 50 Litecoins and 50 000 Dogecoins. It will cost the about the same and in 5-10 years you will be a millionaire
Or if you want another advice, buy 50 Litecoins and 50 000 Dogecoins. It will cost the about the same and in 5-10 years you will be a millionaire
August 28, 2017, 09:32:39 AM
$4000+ is too high for the average person to buy real amount of BTC anymore. That's even in countries where $4000 is only a fraction of annual income, so people in developing countries are going to have a very hard time getting into bitcoin at this point.
August 28, 2017, 09:10:25 AM
It only could be late with 1 condition: if the fiat currencies become valueless.
In other cases it will never be late.
In other cases it will never be late.
August 28, 2017, 09:04:14 AM
At this point, I think the average person can't afford to buy one BTC. Even I can't. Maybe an average person can buy less, like 0.1 or 0.01. The price will continue to increase and I think it will come a point that the average person won't even afford to buy such amounts. Don't lose hope, because its not "too late" there are still ways for you to buy bitcoin or invest on it despite the high price.
August 28, 2017, 08:48:01 AM
That "It's too late" attitude already being in someone's head means it's already too late. It doesn't really matter what the valuation of it is, you can still invest little by little and it will accumulate over time. Bitcoin will come down again, and more than likely not just once and this will be the time for an "average" person to buy. As long as bitcoin is profitable and continues an upward trend then there is no reason not to invest some money and time into it regardless of what the price point is. Buy low sell high
August 28, 2017, 08:42:33 AM
What does exactly "too late" mean? It might be too late to buy it for 2$ and sell it for 2k$ but it's still not too late to buy some for the current price and sell it once price is higher for profit that is if the price continues to climb. Also it's not too late to buy it and use it to purchase something what is sold for btc.
August 28, 2017, 08:03:56 AM
its was never too late and it is never too late.
August 28, 2017, 07:50:52 AM
I think btc has 6/7 million adopters. Too late would be when 100 million adopt the btc.
You can't predict the maximum number of users. If the 100 million mark is reached, what prevents it from expanding the user base to 1 billion individuals? You need to note that more and more people are getting tech savvy now.
August 28, 2017, 05:51:47 AM
Hello everyone,
I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
You can’t really tell, because every country currency are not equal. But calculating by the USD, I would saythe price point that would be late for an average person is at least $10k, $20k and $30k (adding countries with low value currency, I would say it’s around $5k). I feel very late to the party with BTC. I have know of it for a couple of years but ignored it. Now I'm super sold and ready to buy my first coin. $4k is huge but not impossible for me. At what price do you feel its too late to own 1 full BTC for the average person?
I'm not interested in owning micro or milli coins.
How much time do we have left until its becomes proper main strain?
Can someone tell me where we are on this chart please?
August 27, 2017, 03:24:26 AM
We can say we ate still early adopters because bitcoin is still very young and there is still a lot of space for growth development and price wise. Like others said, there is nothing wrong in purchasing bitcoin in small amount until you got a whole one.
The current worth of bitcoins is a huge one but if we do its comparison with the price that it will acquire in future, we will feel it cheap at the moment. Though, some of us are late and it was not as expensive in the past as it is now. However, investing in bitcoins today will give tremendous profits tomorrow. 
August 26, 2017, 09:37:20 AM
Buy hurry up,when it's price are fall.Because as soon as possible Bitcoin will gone $50,000.
August 26, 2017, 09:29:59 AM
Though the price stays above $4000, it's quite an affordable price for average person. In specific however the price grows higher the lowest denomination availability makes it to be the affordable one. Right now for the people who are planning to invest into bitcoin has got the opportunity to invest through bitcoin cash which is the version 2.0 of bitcoin though it's considered as an altcoin.
August 26, 2017, 09:22:29 AM
Buy 0.1 BTC if you can't afford 1 BTC. I think you will never be too late. You might need to wait a bit longer depending on the buying point, but I would call it a good long term investment.
As of now, nobody is too late for Bitcoin. Maybe when BTC can already be hovering around $100,000 then I could say it is too late but then again if BTC can be $500K then at that level it is not also too late. The more a person thinks that it is too late then the more he will not jump into the opportunity...I think being late is on a mindset.
Depends on how much money we have for investments. Even $ 100,000 for many people is the price to jump. BTC generally is already expensive
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