Buy 1 Bitcoin or Not Buy 1 Bitcoin, thoughts?

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

Quote from: RationalSpeculator on March 31, 2013, 10:38:14 AM

I like your kind approach to people Counter

Thanks for the kind words, I try my best and right back at u.

Quote from: Sword Smith on March 31, 2013, 12:48:33 PM

Please read through my fundamental analysis of BTCs' worth here:
https://bitcointalksearch.org/topic/how-to-value-a-currency-160227

Definitely a buy.

thanks for the advice and link I'll be sure to check it out.

I appreciate all opinions so thanks to everyone giving there thoughts, I've been thinking about the responses I've gotten and really like what people have had to say so far.

DataPlumber

full member

Activity: 126

Merit: 100

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

So far as I know no one took my advice. Sad

I've been talking about Bitcoin for a year++.

The only person who "took my advice" was someone I convinced to download the app on their phone, and I sent 'em $5 in BTC. Which is, of course, closer to $7 now.

It was rather recently. Tongue

Nesetalis

sr. member

Activity: 420

Merit: 250

Tried convincing my mother today, to buy in to bitcoin, at least a little. 1 or 2.
She didn't go for it. Not that I really blame her, the price seems so high right now.

Aozora21

newbie

Activity: 42

Merit: 0

personally i would have had to contact him and let him know that. oh hey btw, you turned your back on about 37mil.. and counting

Sword Smith

sr. member

Activity: 406

Merit: 286

Neptune, Scalable Privacy

Quote from: counter on March 26, 2013, 08:38:00 PM

I want in but the price sort of seems high. What do you Knowledgeable experienced people think would be the best time to buy 1 btc and see where it goes? If you don't have a good grasp on graphs and the Bitcoin markets then pls don't post, this is to help me and others get a grasp of what we should do next without reading posts with people bickering.

I've been ready to buy since $13 and waited and now obviously I'm paying for that mistake. I don't have a good grasp on graphs and a strong idea what could happen next. I understand it's not all about graphs and I don't plan to make my decision based on others comments in here but I'd like valuable posts to help me make a final decision, please stay on topic. What should I do buy or coin or wait for a lower price, if u think wait please fully explain why if u feel the opposite please fully explain why, if you are unsure what could happen next please fully explain why. Please be respectful of others and there opinions, thanks!

Please read through my fundamental analysis of BTCs' worth here:
https://bitcointalksearch.org/topic/how-to-value-a-currency-160227

Definitely a buy.

Nesetalis

sr. member

Activity: 420

Merit: 250

Quote from: lophie on March 31, 2013, 12:22:43 PM

If we told you to Buy because in less than a year Bitcoin will get up by 1000% or would you have believed us? Well it did.

We are saying it again.

And in june 2011, when the price was 27$, people believed it would go up to 100$ by the end of the month...
And they were wrong.
I don't know where its going, but I'm cautious.

lophie

hero member

Activity: 924

Merit: 1001

Unlimited Free Crypto

If we told you to Buy because in less than a year Bitcoin will get up by 1000% or would you have believed us? Well it did.

We are saying it again.

desper

newbie

Activity: 51

Merit: 0

If you do buy, you'll know in your guts if you feel OK about it or not. Until you buy, you won't be sure. So my suggestion is just buy a tiny part of a coin (say 0.1BTC) and see how you feel. You'll then know if you want to buy more or want to sell what you bought.

rayvellest

member

Activity: 90

Merit: 10

Is there any doubt? Do it now!

RationalSpeculator

sr. member

Activity: 294

Merit: 250

This bull will try to shake you off. Hold tight!

I like your kind approach to people Counter

ManBearPig

sr. member

Activity: 350

Merit: 250

"Don't go in the trollbox, trollbox, trollbox"

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

I actually recently recommended this to all my friends and family. Just buy 1, and then sit on it for several years.

So far as I know no one took my advice. Sad

Snap!

I've been telling them to buy since $30. Just one sodding Bitcoin.

No interest.

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: piramida on March 28, 2013, 02:10:13 PM

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

So I bought some Casascius coins, which I will probably distribute as gifts to the people I really like.

All my friends and family have one. I told them to not worry about what the heck that is, just stash it somewhere safe and forget about it for some years.

PS now when it's at $100, I stopped giving out free coins until Casascius prints satoshis

I have thought about this....but they will forget and and not know how to access their BTC and it will be lost, accidentally sent anyway....you have to have an interest in it and really look into it to understand it....at this time....

Richy_T

legendary

Activity: 2576

Merit: 2267

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Go ahead and buy the bitcoin. It will focus you on studying more about what it's all about. If you decide you don't think there's a future, you can sell (likely for more than what you paid I expect).

Mushoz

hero member

Activity: 686

Merit: 500

Bitbuy

Watch this, and see why we need Bitcoin: http://www.youtube.com/watch?feature=player_embedded&v=OMAI-OIxLPo

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

I actually recently recommended this to all my friends and family. Just buy 1, and then sit on it for several years. If Bitcoin goes bust you are only out $60 (at the time). If Bitcoin works out the way some people suggest (and I agree), it could be worth 6 figures. A worthy investment.

So far as I know no one took my advice. Sad

So I bought some Casascius coins, which I will probably distribute as gifts to the people I really like.

I now know what the are very cool of u to send them, respect to u my friend that I really like. Grin

Quote from: afbitcoins on March 28, 2013, 06:02:48 AM

Don't buy anything you haven't already accepted might crash in value. If you can accept that possibility then buy it, they could go quite a lot higher before they crash.

Many thanks for the head up I'll be sure to take that into serious condieration.

Quote from: Transisto on March 28, 2013, 12:37:19 PM

Thanks for answering me politely,

This forum has ~80 000 members so an even bitcoin distribution would mean ~130 BTC each.... It does not mean much but still I hope you get the idea.

The problem I had with your question is the number "1" BTC while this number should have been 80$ (at the time)

If you want to us to decide for you if you should be investing 80$ on bitcoins we would have to know how easy is it for you to acquire this many USD.

Not a problem, all I wanted was opinionson were people expected Bitcoins to go from here in the somewhat short term so I can decide for myself when to buy.

Not sure what u mean with the even distribution comment I never asked for that and don't follow ur comment.

Quote from: jubalix on March 28, 2013, 02:25:59 PM

I wish it would go back to $1/$10/$30 just so I could buy more

Tell me about it!

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: Spaceman_Spiff on March 26, 2013, 08:43:39 PM

Quote from: counter on March 26, 2013, 08:38:00 PM

I want in but the price sort of seems high. What do you Knowledgeable experienced people think would be the best time to buy 1 btc and see where it goes? If you don't have a good grasp on graphs and the Bitcoin markeIf you buy, don't ts then pls don't post, this is to help me and others get a grasp of what we should do next without reading posts with people bickering.

I've been ready to buy since $13 and waited and now obviously I'm paying for that mistake. I don't have a good grasp on graphs and a strong idea what could happen next. I understand it's not all about graphs and I don't plan to make my decision based on others comments in here but I'd like valuable posts to help me make a final decision, please stay on topic. What should I do buy or coin or wait for a lower price, if u think wait please fully explain why if u feel the opposite please fully explain why, if you are unsure what could happen next please fully explain why. Please be respectful of others and there opinions, thanks!

Just don't buy to panic sell when it drops back to $40 or something like that, bitcoin is very volatile, and its entirely possible that we have a decent sized correction soon after the big run-up (or maybe we won't). If it were up to me though, I ld rather have 1 bitcoin than no bitcoin.

I wish it would go back to $1/$10/$30 just so I could buy more

Nesetalis

sr. member

Activity: 420

Merit: 250

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

I actually recently recommended this to all my friends and family. Just buy 1, and then sit on it for several years. If Bitcoin goes bust you are only out $60 (at the time). If Bitcoin works out the way some people suggest (and I agree), it could be worth 6 figures. A worthy investment.

So far as I know no one took my advice. Sad

So I bought some Casascius coins, which I will probably distribute as gifts to the people I really like.

I did the same thing.. At least a dozen of my friends have taken the advice, and are trading in tenths of a coin, playing with the market. Its fun to watch :p but all in all, I'm holding on to my bitcoins for the forseeable future. I've been burned a few times on these violent dips, thinking it was at last a correction.. but nope.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: Stormalong on March 26, 2013, 08:49:06 PM

So I bought some Casascius coins, which I will probably distribute as gifts to the people I really like.

All my friends and family have one. I told them to not worry about what the heck that is, just stash it somewhere safe and forget about it for some years.

PS now when it's at $100, I stopped giving out free coins until Casascius prints satoshis

Transisto

donator

Activity: 1731

Merit: 1008

Quote from: counter on March 28, 2013, 01:03:08 AM

... U make it sound like every member is currently a bull and I'm foolish for getting oppinons from the community, I assume u made good money yet u seem angry, why?
...

Thanks for answering me politely,

This forum has ~80 000 members so an even bitcoin distribution would mean ~130 BTC each.... It does not mean much but still I hope you get the idea.

The problem I had with your question is the number "1" BTC while this number should have been 80$ (at the time)

If you want to us to decide for you if you should be investing 80$ on bitcoins we would have to know how easy is it for you to acquire this many USD.

afbitcoins

legendary

Activity: 2101

Merit: 1061

Don't buy anything you haven't already accepted might crash in value. If you can accept that possibility then buy it, they could go quite a lot higher before they crash.

Topic: Buy 1 Bitcoin or Not Buy 1 Bitcoin, thoughts? (Read 4550 times)