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Topic: Buy now or cry later - page 2. (Read 6697 times)

hero member
Activity: 770
Merit: 629
January 12, 2015, 02:58:44 AM
#57
at a current rate of transaction volume bitcoin needs to cost 15$. Everything that is above that price means that some1 holding bitcoin as investment and may be willing to dump.

Indeed.  What you are saying is that bitcoins actual fundamental as a currency must be around that.

However, the actual market price may include speculation on a future, higher fundamental.  Nothing stops one from thinking that bitcoin will, one day, be used as a currency so much, that its *has to* cost, say, $100,-, or $500,- or $10 000,-.
The top of the scale is about $ 3 million, when bitcoin would eventually replace all of the world's M2 fiat.

So depending on the probability you assign to that future price, and the time when you think it will occur, the current "true" market price may as well be higher (or lower !).

So if you give it a 1% probability that 15 years from now, the bitcoin price is about $ 100 000 (because it took over 3% of the fiat market), you would be willing to consider about a price today of $ 1000,-, diminished with the normal interest rate over 15 years.  So maybe something like $ 600,-.

But you're probably right that the current necessary price for bitcoin as a currency for its use to buy stuff with, must be a 2-digit number or so.  Mainly probably on the black market.
hero member
Activity: 1470
Merit: 504
January 12, 2015, 12:33:43 AM
#56
I think the OP actually meant was "Buy Now AND Cry Later".

He posted a graph when the price was above $315 and he said it could only go up from there.
And here we are, looking at $267 and still the downward trend continues.

I am willing to buy, but I hope for still lower prices.

Beat you to it. Page 2...
full member
Activity: 168
Merit: 100
January 12, 2015, 12:25:16 AM
#55
at a current rate of transaction volume bitcoin needs to cost 15$. Everything that is above that price means that some1 holding bitcoin as investment and may be willing to dump.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
January 12, 2015, 12:06:13 AM
#54
I think the OP actually meant was "Buy Now AND Cry Later".

He posted a graph when the price was above $315 and he said it could only go up from there.
And here we are, looking at $267 and still the downward trend continues.

I am willing to buy, but I hope for still lower prices.
hero member
Activity: 767
Merit: 532
January 11, 2015, 07:16:51 PM
#53
I love the fact that you can spread your bs propaganda all over the forums and then go hide when it goes completely against your "predictions".
hero member
Activity: 767
Merit: 532
January 11, 2015, 07:15:25 PM
#52
Thanks for the warning fewcoins! Amazing advice to all noobs who don't wanna miss out on a great buying opportunity! You were definitely right about the pop. Lol
hero member
Activity: 784
Merit: 512
January 03, 2015, 10:04:57 PM
#51
Cry now and buy later!  Grin
full member
Activity: 221
Merit: 100
I like guns.
January 03, 2015, 09:19:06 PM
#50
fewcoins is very quiet now...
member
Activity: 152
Merit: 10
https://eloncity.io/
January 03, 2015, 09:16:26 PM
#49
Justice for fewcoins if you ask me. He has been trying to talk the price down for many weeks, if not months, only to switch to bullmode out of opportunism. I hope he's very much underwater by now.

Yeah right. He'll come one here and say he sold the sideways over the last few days and shorted full leverage until the exact bottom where him and his "team" go long on full leverage and thank all the weak hands for being retarded.
sr. member
Activity: 560
Merit: 250
January 03, 2015, 08:55:58 PM
#48
Justice for fewcoins if you ask me. He has been trying to talk the price down for many weeks, if not months, only to switch to bullmode out of opportunism. I hope he's very much underwater by now.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 03, 2015, 08:55:34 PM
#47
it's just everyone trying to screw each other... the bullish buy in, the bears sell and the people making money are those buying when it drops massively before the bounce

People often forget that bears aren't exactly dumb people or people who want Bitcoin to continue going down. Often they are merely people who realize when it's time to stand on the sidelines and wait for a better time to jump in the water.
sr. member
Activity: 364
Merit: 256
January 03, 2015, 08:53:20 PM
#46
it's just everyone trying to screw each other... the bullish buy in, the bears sell and the people making money are those buying when it drops massively before the bounce
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
January 03, 2015, 07:49:33 PM
#45
Price is even lower today...  Cheesy Just kidding, yeah prices these days may be one of the last really good buying opportunities. I also tend to believe that. That being said: It could go lower still. Way lower, unfortunately. I guess we will be wiser in a couple years time...
sr. member
Activity: 476
Merit: 250
January 03, 2015, 07:46:19 PM
#44
There has been no better time than now... The pop for 2015 is coming, you have been warned, buy now or cry later  Kiss



How's that investment working out for you? Have you profited much?  Cheesy
legendary
Activity: 1246
Merit: 1000
January 03, 2015, 06:00:15 PM
#43
Those who bought when the OP asked us to buy (mid-Dec) are crying now.  Grin
hero member
Activity: 560
Merit: 500
January 03, 2015, 02:54:06 PM
#42
I think that it will still drop down to 250$. I'll buy then again.
full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
January 03, 2015, 02:44:41 PM
#41
I am guessing fewcoins is now crying as well Tongue
JK, but seems now might be a good time to buy . But anything is possible.
sr. member
Activity: 308
Merit: 250
January 03, 2015, 02:36:37 PM
#40
Has Bitcoin actually had any trends?  I mean it seems like it is just going down and down and that is the only trend.  Everytime someone places these graphs I just want to laugh because they are wrong 100% of the time.  Last year it consistently went down, so I am not sure why you think it has gone up in over a year.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
January 02, 2015, 05:39:55 AM
#39
There has been no better time than now... The pop for 2015 is coming, you have been warned, buy now or cry later  Kiss

And what's your reasoning for predicting the 'pop for 2015'? A chart?
sr. member
Activity: 322
Merit: 252
Here I Am !!
January 02, 2015, 05:16:29 AM
#38
Trend reversal is about to come any time this month, the bull is ready to run, you better prepare yourself. buy now or cry later. http://www.btcfeed.net/speculation/bull_run/
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