Buy BTC Now Or Wait Till Exchange Rate Drops In January?

Hanacerty

full member

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Quote from: Snipe85 on November 28, 2015, 07:44:45 PM

Quote from: vendetahome on November 28, 2015, 04:55:44 PM

i think i will wait some more time as bitcoin price rose a bit before the black friday so in my opinion it should fall a bit after a few weeks then i might buy some btc

Why do you always try to explain price movements by comparing it to some dates and holidays. Not every country has a "black friday" I thought it was mainly an American thing and the most coins are bought and sold in China. Why would this black friday sale make people buy Bitcoins? Undecided

I also think the Black Friday will have little effect. The exchange rate (bitcoin price) is also stable in January.

LMGTFY

hero member

Activity: 644

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Quote from: ?? on ??

Quote from: gentlemand on November 27, 2015, 08:41:10 PM

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

Is this tired old trope still doing the rounds? A Bitpay employee let slip that the majority of their coins go straight to OTC buyers who are waiting for them.

>Bitpay employee let slip
Hahahaha where were you wen I was selling the Brooklyn Bridge Cheesy

If you were Bitpay and had OTC customers lined up - you'd unload BTC on exchanges?

We should enter into a business partnership - I have one meelion BTC and a bridge to sell.

Snipe85

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Activity: 756

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Infleum

Quote from: vendetahome on November 28, 2015, 04:55:44 PM

i think i will wait some more time as bitcoin price rose a bit before the black friday so in my opinion it should fall a bit after a few weeks then i might buy some btc

Why do you always try to explain price movements by comparing it to some dates and holidays. Not every country has a "black friday" I thought it was mainly an American thing and the most coins are bought and sold in China. Why would this black friday sale make people buy Bitcoins? Undecided

vendetahome

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i think i will wait some more time as bitcoin price rose a bit before the black friday so in my opinion it should fall a bit after a few weeks then i might buy some btc

uki

legendary

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cryptojunk bag holder

Quote from: Enjorlas on November 27, 2015, 05:26:19 PM

I would recommend waiting until January. Looking at last year, Bitcoin dropped from $350 to $167 after the holidays were over.

http://www.xe.com/currencycharts/?from=XBT&to=USD&view=2Y

Bitcoin is not a very seasonal beast. At least not yet. The history is too short to get any reasonable and meaningful conclusions.
And definitely one sample from the previous year won't tell you the story for the next year.
2016 is a very different animal from 2015, mainly because of halving. we are also moving from the descending trend, thus I would expect completely different action than in the beginning of the previous year, as something more probable. Having said that, you can't rule out completely that the price will drop below $200. Although, chances for that to happen are very slim in my opinion.

Amph

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Quote from: tss on November 28, 2015, 03:20:34 AM

its never a good time to buy btc.. its also never a good time to get into mining btc.. just stick to altcoins please.

why you say this? when the profitability is almost the same between for example litecoin and bitcoin, maybe some random altcoin can offer a good opportunity at launch, but all i see lately are coins that are launched and die in one week

what i think is that if we are here for the price increase in the long term it's always a good time to buy bitcoin no matter the price, you should concentrate on your target

Cconvert2G36

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Quote from: dothebeats on November 27, 2015, 08:42:50 PM

Quote from: Cconvert2G36 on November 27, 2015, 08:02:56 PM

Quote from: Meuh6879 on November 27, 2015, 07:31:17 PM

Quote from: Enjorlas on November 27, 2015, 07:06:11 PM

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

This.

no.

Bitcoin merchand use tiers payment processor ... and it dump immediatly to create no gaps between fiat instant value and bitcoin instand value.

"instand" however...

About 749,000 results (0.30 seconds)

Including this portable, and handy unit... Because who wouldn't want their personal computer teetering precariously on a mic stand?

Loool! This made my morning haha!

---

If you plan to hold long-term, it's better to just average your spendings on bitcoins rather than buying in one instance.

hory shet... they also make a convenient "bagholding accessory(!)", the Bag-Mate™. Cool

tss

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its never a good time to buy btc.. its also never a good time to get into mining btc.. just stick to altcoins please.

lama-hunter

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Merit: 250

Why do you think the exchange rate will decrease until january? is it a bad mud because of the blackfriday and the oncoming Christmas Buyers and the afterwards desincres of Payments?
Would be great to hear about your mind Cheesy

I think it will end this year at an marc of 500 bucks each coin . That would be greast fpr my portmonee`

regards
lama-hunter

fearlesscat10

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Activity: 686

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Quote from: mixan on November 27, 2015, 08:50:19 PM

Buy now or regret it later.
That's what I always say Wink

On the contrary, I have bought AND regretted it later. Cheesy

No one can really help you here. Just listen to your gut. If you're right, then congrats. If not, then better luck next time.

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Quote from: ?? on ??

>Bitpay employee let slip
Hahahaha where were you wen I was selling the Brooklyn Bridge Cheesy

Do you honestly think a professional payment processor would fuck around with the exchanges if there was any way they could avoid it?

If you were looking to buy a decent amount of coins you would go to a well established source with a regular supply. That either means a large miner or a business with a high turnover of coins. Bitpay fits the bill.

mixan

legendary

Activity: 966

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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!

Buy now or regret it later.
That's what I always say Wink

dothebeats

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Activity: 3542

Merit: 1352

Cashback 15%

Quote from: Cconvert2G36 on November 27, 2015, 08:02:56 PM

Quote from: Meuh6879 on November 27, 2015, 07:31:17 PM

Quote from: Enjorlas on November 27, 2015, 07:06:11 PM

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

This.

no.

Bitcoin merchand use tiers payment processor ... and it dump immediatly to create no gaps between fiat instant value and bitcoin instand value.

"instand" however...

About 749,000 results (0.30 seconds)

Including this portable, and handy unit... Because who wouldn't want their personal computer teetering precariously on a mic stand?

Loool! This made my morning haha!

---

If you plan to hold long-term, it's better to just average your spendings on bitcoins rather than buying in one instance.

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

Is this tired old trope still doing the rounds? A Bitpay employee let slip that the majority of their coins go straight to OTC buyers who are waiting for them.

Cconvert2G36

sr. member

Activity: 392

Merit: 250

Quote from: Meuh6879 on November 27, 2015, 07:31:17 PM

Quote from: Enjorlas on November 27, 2015, 07:06:11 PM

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

This.

no.

Bitcoin merchand use tiers payment processor ... and it dump immediatly to create no gaps between fiat instant value and bitcoin instand value.

"instand" however...

About 749,000 results (0.30 seconds)

Including this portable, and handy unit... Because who wouldn't want their personal computer teetering precariously on a mic stand?

Meuh6879

legendary

Activity: 1512

Merit: 1012

Quote from: Enjorlas on November 27, 2015, 07:06:11 PM

Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

This.

no.

Bitcoin merchand use tiers payment processor ... and it dump immediatly to create no gaps between fiat instant value and bitcoin instand value.

NorrisK

legendary

Activity: 1946

Merit: 1007

The real lows are long gone by now.

If you plan to hold long, this is as good a time as it gets.

lama-hunter

sr. member

Activity: 266

Merit: 250

Wait for the next Price drop and then buy 10000 bitcoins then you gonne be the coolest mf on earth i think Cheesy

:D:D
Tell me what you listing for music too because iam interested. Also i wanne know why u want to earn money buy buy btc.
Maybe u should just use it also for payments in the internet to hype it more and also hold. then u can gain the Price rising maybe.

reagrds
lama-hunter

Enjorlas

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Activity: 788

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Quote from: ?? on ??

Wait at least until merchants/payment processors dump the Black Friday coin.

This.

Hanacerty

full member

Activity: 439

Merit: 100

I do not think the exchange rate will drop in January. The price is rising slowly at the moment. There is no bad news.

Topic: Buy BTC Now Or Wait Till Exchange Rate Drops In January? (Read 1852 times)