Quote
I buy my bitcoin with silver and gold
Which has now lost, what, -5% today? My $1 bill is still a $1 bill.
Topic: Bitcoin at $112! - page 2. (Read 5528 times)
Which has now lost, what, -5% today? My $1 bill is still a $1 bill.
Quote
I buy my bitcoin with silver and gold
Which has now lost, what, -5% today? My $1 bill is still a $1 bill.
And a bar of silver is still a bar of silver. Still - USD is on the incline right now, meaning that all assets should cost a little less USD.
Quote
I buy my bitcoin with silver and gold
Which has now lost, what, -5% today? My $1 bill is still a $1 bill.
At $108.00 right now. I bought some coins last night. Should have waiting until this morning. Holding off on more purchases until next week. How do you think this will play out throughout the weekend?
Dollar cost averaging is a sound way to go with BTC (or any investment)
Exactly, if price dropped to $10, with same money you could buy 10x more coins, dropped to $1, you can buy 100x more coins, just make your net and capture the fish, how big/small the grid will be depends on your risk tolerance level
At any time 1 BTC equals to 1/21m of bitcoin economy, this has nothing to do with exchange rate
I bought in at $114.00 per BTC so i will just hold and see how this rides out and will continue to buy as prices drop.
At $108.00 right now. I bought some coins last night. Should have waiting until this morning. Holding off on more purchases until next week. How do you think this will play out throughout the weekend?
Dollar cost averaging is a sound way to go with BTC (or any investment)
Exactly, if price dropped to $10, with same money you could buy 10x more coins, dropped to $1, you can buy 100x more coins, just make your net and capture the fish, how big/small the grid will be depends on your risk tolerance level
At any time 1 BTC equals to 1/21m of bitcoin economy, this has nothing to do with exchange rate
Filled my pockets with BTCs 
I think i'll grab a few coins @105, if reached.
105-110 range in mind.
EDIT: inversion @106,15$, shame. Heading to about 110$. Lost my chance for an easy 4%.
105-110 range in mind.
EDIT: inversion @106,15$, shame. Heading to about 110$. Lost my chance for an easy 4%.
At $108.00 right now. I bought some coins last night. Should have waiting until this morning. Holding off on more purchases until next week. How do you think this will play out throughout the weekend?
Dollar cost averaging is a sound way to go with BTC (or any investment)
At $108.00 right now. I bought some coins last night. Should have waiting until this morning. Holding off on more purchases until next week. How do you think this will play out throughout the weekend?
Very oversold, it will eventually bounce back towards the 110$ area before reaching 100$.
So you'll probably have a chance to sell, it will drop again.
Bitpay is cashing out kncminer's pre-order bitcoin for USD, i guess that's in the magnitudes of millions of USD 
I thought you didn't have to pay upfront for KNC's?
They start to accept real payments a few days ago. Tuesday if memory serves. Actually they are selling you pre-orders.
Anyone have any idea why?? It's below $108 now and shows no sign of reversing.
At $108.00 right now. I bought some coins last night. Should have waiting until this morning. Holding off on more purchases until next week. How do you think this will play out throughout the weekend?
It's annoying as I bought my first bunch of coins a couple of weeks ago in the late £80's. I suppose this is the thing with bitcoins it is unpredictable.
Heading down to $100..
Too much good news to drop below $100. Even with the lack of a decent exchange, I believe we'll hold up, and if price does crash through $100, I hope you all have your fiat ready to go!
I buy my bitcoin with silver and gold because I value my bitcoin community too much to pay in fiat. 
Too much good news to drop below $100. Even with the lack of a decent exchange, I believe we'll hold up, and if price does crash through $100, I hope you all have your fiat ready to go!
How far do you think it will drop before it rises again. Weeks, months, years...?
Short term: i think it will quickly bottom in the low 100$, then it should at least bounce back strongly.
Then we'll judge, based on reaction.
How far do you think it will drop before it rises again. Weeks, months, years...?
Wait until the newly invested capital has time to materialize. We will start to see more reliable, efficient, and easy to use infrastructure to handle real trading volume and serious payment processing. As that happens, and merchants slowly realize that 0.99% beats the hell out of 3%, and consumers slowly realize the benefits of bitcoin... well I'm not saying anything we don't all already know.
You know , people have a lifespan , so most tend to buy something they didn't afford before turning their coins into cash rather than waiting for this... dream (current state).
Wait until the newly invested capital has time to materialize. We will start to see more reliable, efficient, and easy to use infrastructure to handle real trading volume and serious payment processing. As that happens, and merchants slowly realize that 0.99% beats the hell out of 3%, and consumers slowly realize the benefits of bitcoin... well I'm not saying anything we don't all already know.
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