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Topic: Buy 1 Bitcoin or Not Buy 1 Bitcoin, thoughts? - page 2. (Read 4541 times)

hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Or you can try to convince me that it's going to used wisely and I will give that one Bitcoin away.
https://bitcointalksearch.org/topic/1-btc-for-the-most-creative-idea-on-how-it-will-be-used-158226

I'm sold, glad u posted here and linked to to ur thread Nagan.  I've got what I feel are great ideas and now I've got a push to think of more ideas, so thank u very much.  Want to start my own business maybe a couple and getting a coin would be helpful right now, so yea I'll joining in fun.  

Being that I'm still learning, I feel like a newbie and love thinking of ways to get more people in my position into bitcoin and would love a chance to give back.  It's great seeing people still having fun within the Bitcoin community, I commend u my friend.

You may have had an account on bitcointalk since may 2011 and contemplated owning bitcoins since it was ~13$ but I can't advise you to own even a fraction of a BTC if you "don't have a good grasp on graphs". ... WTF did you say "graphs" ?
 
I hope you managed to go forth with other aspects of your life in the meanwhile.

If you haven't noticed almost everyone around here has sold everything but the bare minimum for staying alive to get more BTC.

Seriously, What kind of advices do you expect ?
 

Hey Transisto u seem agitated by my question and statements, hope I didn't offend you buy registering here years ago when I first heard of bitcion. Yup I said graphs, obviously that isn't okay with u, not that it matters.

Thanks for the consideration and yes I've been quite busy with life and enjoying hobbies.  I get the feeling u want me to sell almost everything and follow the herd but that isn't my style for better or for worse.  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?  

member
Activity: 100
Merit: 10
Bitcoin is physical
Or you can try to convince me that it's going to used wisely and I will give that one Bitcoin away.
https://bitcointalksearch.org/topic/1-btc-for-the-most-creative-idea-on-how-it-will-be-used-158226
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

If you haven't noticed almost everyone around here has sold everything but the bare minimum for staying alive to get more BTC.


I haven't  Smiley, shoot me.
donator
Activity: 1731
Merit: 1008
... 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...
You may have had an account on bitcointalk since may 2011 and contemplated owning bitcoins since it was ~13$ but I can't advise you to own even a fraction of a BTC if you "don't have a good grasp on graphs". ... WTF did you say "graphs" ?
 
I hope you managed to go forth with other aspects of your life in the meanwhile.

If you haven't noticed almost everyone around here has sold everything but the bare minimum for staying alive to get more BTC.

Seriously, What kind of advices do you expect ?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
bitcoin is technology!  bitcoin is money!

yesterday is past,
tomorrow is unavoidable,
today is a gift! this is why we call it the present.

we should all be emptying our bank accounts and pouring it into bitcoin!
only use the fiat when we need to,be a smart consumer, so we can SAVE REAL MONEY

fact bitcoin is a better store of value then the dollar and is the most secure payment ever devised
fact paying anyone online is good, fast, and cheep!
fact you will want more money tomorrow.

Buy bitcoin today!



 Cheesy
legendary
Activity: 1904
Merit: 1002
This is like asking a bunch of crack addicts if it's a good day to buy some crack.  


This is true, don't buy either unless you are prepared to buy more.

Or earn more.

For sure, I haven't bought a coin in a long time.

I need to finish this pesky schooling and get back to programming for btc.
legendary
Activity: 1246
Merit: 1016
Strength in numbers
This is like asking a bunch of crack addicts if it's a good day to buy some crack.  


This is true, don't buy either unless you are prepared to buy more.

Or earn more.

For sure, I haven't bought a coin in a long time.
sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
Buy and spend BTC on goods and services.
legendary
Activity: 1904
Merit: 1002
This is like asking a bunch of crack addicts if it's a good day to buy some crack.  


This is true, don't buy either unless you are prepared to buy more.

Or earn more.
hero member
Activity: 812
Merit: 1001
-
When 1 BTC worth 100 000$ does it really matter whether you have bought it at 70$ or 80$ or 100$?

When 1 BTC worth 0$ does it really matter whether you have bought it at 70$ or 80$ or 100$?

legendary
Activity: 1246
Merit: 1016
Strength in numbers
This is like asking a bunch of crack addicts if it's a good day to buy some crack.  


This is true, don't buy either unless you are prepared to buy more.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Would you pay $81 for something that will be worth $100 in a few weeks and $1000 in a year?

OFCOURSE!!   Grin

Are you ok with losing this money if it does not work out?

I get what ur saying and after giving it thought,yes I am ok with it.

I could be wrong, but I suspect you are in the following psychological trap. When price is rising, you think, "price is so high, better wait for a dip." But then when the dip comes, you think, "whoa, price is going down, maybe it will crash more, better wait." So no matter what happens you wait. Instead of waiting for the perfect buy-in, I would just buy and hold long term. Short term prices are hard to predict, but long term current price is a good buy. Yeah, it could very well drop to 70 right after you buy it, but if you hold, I think you will ultimately do well. Have you thought about the fundamentals? If not, check out the article below. I'll grant that this guy's projections are a bit over the top, but consider that even if he is off by a factor of 100, the low end target for Bitcoin is $1K. I'm not going to tell you that right now is the perfect time to buy, but since your problem seems to be hesitation, what better time than now to overcome that and go for it?

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/

hate to admit it but u got me, that is my problem and why I posted the thread I'll def check out the article thanks!

I don't know your current financial situation but $80 is a negligible amount in the whole life for most people in developed countries. If this is true for you, buying 1 BTC right now is a good idea.

buy now and have more fiat dollars to buy more if we ever see a correction, this whole Cyprus deal is causing bitcoins to only go up from here...

Duly noted friends ,  If Cyprus can have a strong impact I'd be a fool not buy in and hold.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I said you may be pleased.

Might not too...I know I would be pleased.

Very true I was intrigued and got ahead of myself.
After listening to the voice of reason I think I'll just keep my coin.


Lol, he is obviously joking about ripping you off.


Hello voice of reason, heh!  I was blinded by the chance to invest on a sure thing lol.
Still working on not letting emotions effect my judgments.  Roll Eyes


I know :-)

The first problem is, you're asking for opinions, and you will get them all over the spectrum.

The real problem is, there are two axes of data you need to plot (risk vs. reward), not just one (up or down).

The thing with risk is: It is relatively constant over time. The chance of there being a news event that breaks Bitcoin is similar tomorrow as it is today. You're not decreasing that risk by delaying.

Well put, I'm done regretting and will make a decision and live with it as u said there is always risk.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Are you ok with losing this money if it does not work out?
legendary
Activity: 1820
Merit: 1000
I could be wrong, but I suspect you are in the following psychological trap. When price is rising, you think, "price is so high, better wait for a dip." But then when the dip comes, you think, "whoa, price is going down, maybe it will crash more, better wait." So no matter what happens you wait. Instead of waiting for the perfect buy-in, I would just buy and hold long term. Short term prices are hard to predict, but long term current price is a good buy. Yeah, it could very well drop to 70 right after you buy it, but if you hold, I think you will ultimately do well. Have you thought about the fundamentals? If not, check out the article below. I'll grant that this guy's projections are a bit over the top, but consider that even if he is off by a factor of 100, the low end target for Bitcoin is $1K. I'm not going to tell you that right now is the perfect time to buy, but since your problem seems to be hesitation, what better time than now to overcome that and go for it?

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/
hero member
Activity: 486
Merit: 500
buy now and have more fiat dollars to buy more if we ever see a correction, this whole Cyprus deal is causing bitcoins to only go up from here...
legendary
Activity: 1792
Merit: 1111
I don't know your current financial situation but $80 is a negligible amount in the whole life for most people in developed countries. If this is true for you, buying 1 BTC right now is a good idea.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!

... still waiting  Huh Huh

Just answer this: How's that strategy working out for you so far?

U r right but you could also be wrong tomorrow lol but I hear what ur saying and ur post is appreciated and kinda of annoying, JK Smiley

I know :-)

The first problem is, you're asking for opinions, and you will get them all over the spectrum.

The real problem is, there are two axes of data you need to plot (risk vs. reward), not just one (up or down).

The thing with risk is: It is relatively constant over time. The chance of there being a news event that breaks Bitcoin is similar tomorrow as it is today. You're not decreasing that risk by delaying.


legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Would you pay $81 for something that will be worth $100 in a few weeks and $1000 in a year?
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
You will get the most bang for your buck by buying one BTC and sending it to the Bitcoin address in my signature.

I will tell you how this helps afterwards. You may be pleased by the result.

Could u be more vague please, haha!  C'mon , like I don't have enough on my mind right now...  Here's a thought,  why don't u just tell me how I'd be pleased by the result NOW?   Grin

I said you may be pleased.

Might not too...I know I would be pleased.

Lol, he is obviously joking about ripping you off.
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