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Topic: Buy now... or on July 31st? - page 4. (Read 4840 times)

hero member
Activity: 896
Merit: 521
July 18, 2017, 08:27:45 PM
#64
With the bunch of miners started signalling for BIP91 yesterday, a lot of people are now feeling hopeful about the state of bitcoin as Segwit looks to lock in and gets activated. Thus, the recent increase in price. It will prevent the split and hence the Bitcoin will become stronger. Therefore, we will not see $1800 again and this is the time to buy. But still the uncertainty hasn't over. What if the miners who signed the New York Agreement decide to betray it (RARE BUT POSSIBLE). This would lead to the activation of BIP148 or UASF on 1st August. Then there would be a lot chaos and would be a huge dip and chain split.
sr. member
Activity: 1316
Merit: 356
July 18, 2017, 08:16:00 PM
#63
It looks like the biggest uncertainties will be resolved this Friday, July 21st. With far above 80% support for SegWit2x, August 1st should not matter anymore (as BIP 148 will not trigger).

That would mean between now and Thursday should be the best time to buy.

On the other hand, August 1st is passed around everywhere as the "day of doom." Many uninformed people out there. So maybe wait till July 31st to buy? And will there be any risks left after Segwit is activated later this week?

The key question is: How much FUD will be left in the market after Friday...?
For me, I will not invest before august 1 because we really don't know on what will happen to bitcoin after it and many people and investors watching on it so that I will invest bitcoin after August 1.
sr. member
Activity: 250
Merit: 250
July 18, 2017, 07:31:36 PM
#62
after the segwit code is applied,
it seems the price started to get better,.... I would consider to start to buy now.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
July 18, 2017, 06:01:17 PM
#61
It was late, the price is pumping again. And for sure the price of bitcoin before the end of the month will be up again. This is my opinion and I have no assurance for it, we dont know whats going to happen.

The issue about bitcoin is that it is never late to buy and even the pumping we are seeing now, there is no guarantee that it will be sustained till the end of the month when the speculation and the panics would have reached the highest level. If on the other hand the price is being sustained on the increasing front, then I would say the price as at now is the lowest we can get until further notice. So, anyone who is still contemplating buying low, now is the time to do that.
It may be never late especially for those newbies. But for those traders that are chasing for profits, its quite late already. We have to wait it to be back again but no idea when it will happen again.
sr. member
Activity: 728
Merit: 252
SmartFi - EARN, LEND & TRADE
July 18, 2017, 05:41:56 PM
#60
The best time for those who have not yet entered the crypto currency market is to wait for Bitcoin to become 1,800 dollars or so. Shocked As soon as this happens, you need to buy. Market analysts predict Bitcoin by the end of the year a rate of 4,500 US dollars. Grin

If you have faith in potential of bitcoins and if you can hold them till the end of the year then I think you can buy even at current price as in long term it will only give you profits as price is going higher now so may be in next few days we may not see lower price so its a good time to buy now.
legendary
Activity: 1232
Merit: 1091
July 18, 2017, 05:40:36 PM
#59
The best time for those who have not yet entered the crypto currency market is to wait for Bitcoin to become 1,800 dollars or so. Shocked As soon as this happens, you need to buy. Market analysts predict Bitcoin by the end of the year a rate of 4,500 US dollars. Grin

People don't buy because they don't have the balls to do so at the time the price is going down. They pull the trigger when the price has gone up already, as they gain confidence out of an increasing price. Result of them going by this way of investing, is that they mostly end up buying at far higher levels than those that do have the balls to buy when the price is going down significantly. Bitstamp reached a low of $1830 a few days ago, which turned out to be a great entry price, but hey, it's another missed opportunity for those dreamers....
newbie
Activity: 9
Merit: 0
July 18, 2017, 05:10:57 PM
#58
The best time for those who have not yet entered the crypto currency market is to wait for Bitcoin to become 1,800 dollars or so. Shocked As soon as this happens, you need to buy. Market analysts predict Bitcoin by the end of the year a rate of 4,500 US dollars. Grin
hero member
Activity: 1498
Merit: 537
July 18, 2017, 04:16:56 PM
#57
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.
I agree with you,
I guess after July 21 the price of Bitcoin will increasing and reach to $3000 again if not have bad news about SegWit2x. But when that time have some bad news tell SegWit2x can failure, we can see big crash with new lowest price, around $1800 - $1700

The price can go in any direction in coming days so no one can be sure what exactly price will be in next month but if you can hold your coins till the end of the year then you can buy some bitcoins at current price as in long term price will surely go higher.

Yes, it can go either direction, but I would rather buy bitcoin now than wait for the 31st. But from the looks of today's price, its not gonna easy for me to get it because the price has drastically increase in 24 hours. I will try to wait and see around ~1800$ maybe to get bitcoin and store of longer term. I was able to get some during the bloody days a while back though. But I want to invest more.

Its hard to believe that bitcoin can go back again to the price of $1800 in coming days as it has started to move higher now so in coming days it may surpass the price of $2500 once again and if you want to buy then without wasting any time you should go for it right now.
full member
Activity: 961
Merit: 110
SweetBet.com
July 18, 2017, 03:39:57 PM
#56
Wow!! Bitcoin is climbing back up today Smiley A few days ago was definitely the best time to buy more of it.
hero member
Activity: 2632
Merit: 833
July 18, 2017, 02:30:43 PM
#55
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.
I agree with you,
I guess after July 21 the price of Bitcoin will increasing and reach to $3000 again if not have bad news about SegWit2x. But when that time have some bad news tell SegWit2x can failure, we can see big crash with new lowest price, around $1800 - $1700

The price can go in any direction in coming days so no one can be sure what exactly price will be in next month but if you can hold your coins till the end of the year then you can buy some bitcoins at current price as in long term price will surely go higher.

Yes, it can go either direction, but I would rather buy bitcoin now than wait for the 31st. But from the looks of today's price, its not gonna easy for me to get it because the price has drastically increase in 24 hours. I will try to wait and see around ~1800$ maybe to get bitcoin and store of longer term. I was able to get some during the bloody days a while back though. But I want to invest more.
full member
Activity: 266
Merit: 102
July 18, 2017, 01:31:18 PM
#54
What is happening on the 31st? Are there any special sales on that day? Anybody think bitcoin will be cheaper then, because after it fell under $2000, I missed another good opportunity to buy low.
hero member
Activity: 1008
Merit: 501
July 18, 2017, 01:27:20 PM
#53
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.
I agree with you,
I guess after July 21 the price of Bitcoin will increasing and reach to $3000 again if not have bad news about SegWit2x. But when that time have some bad news tell SegWit2x can failure, we can see big crash with new lowest price, around $1800 - $1700

The price can go in any direction in coming days so no one can be sure what exactly price will be in next month but if you can hold your coins till the end of the year then you can buy some bitcoins at current price as in long term price will surely go higher.
newbie
Activity: 7
Merit: 0
July 18, 2017, 01:17:31 PM
#52
There is a high chance of transaction being missed if you buy on July 31th. People advice not to do any transaction between July 31 - August 1st.

Resume trading after August 1st.
Or even better give it 5-7 days.
jr. member
Activity: 57
Merit: 4
July 18, 2017, 01:07:52 PM
#51
No one knows the shortterm outcome , but if you want to hold longterm, just buy when you are ready, price will raise to incredibly high in a few years anyway
full member
Activity: 223
Merit: 100
July 18, 2017, 01:03:30 PM
#50
It looks like the biggest uncertainties will be resolved this Friday, July 21st. With far above 80% support for SegWit2x, August 1st should not matter anymore (as BIP 148 will not trigger).

That would mean between now and Thursday should be the best time to buy.

On the other hand, August 1st is passed around everywhere as the "day of doom." Many uninformed people out there. So maybe wait till July 31st to buy? And will there be any risks left after Segwit is activated later this week?

The key question is: How much FUD will be left in the market after Friday...?

The problem for many of us is that we use exchanges to buy or sell but the advice we are getting is to move money off exchanges before Aug 1. If we buy in the day before, we are cutting it close on moving bitcoins off the exchange. What if I buy bitcoins on July 31 and then the exchange has a technical problem and I can't move the coins before the 1st?
sr. member
Activity: 382
Merit: 250
July 18, 2017, 12:47:16 PM
#49
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.
I agree with you,
I guess after July 21 the price of Bitcoin will increasing and reach to $3000 again if not have bad news about SegWit2x. But when that time have some bad news tell SegWit2x can failure, we can see big crash with new lowest price, around $1800 - $1700
legendary
Activity: 1918
Merit: 1728
July 18, 2017, 12:22:35 PM
#48
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.

Smart one! I must say August 1 is going to be Dec 21, 2012 for Bitcoin. If Segwit2x is able to attract considerable support, believe me no one will give a shit about UASF. And I am ready to laugh at these fools so called traders who making weird assumptions plus strategy before and for Aug 1.
Time is to wake up and stress on development of Bitcoin, not just its price speculation and claiming it to be the success of Bitcoin.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
July 18, 2017, 11:20:35 AM
#47
Most people are just focusing on August 1 when it is actually July 21 the date when Segwit2x is going to be released and as agreed during the New York gathering those people should be running it. Buy bitcoin now or simultaneously.
legendary
Activity: 1596
Merit: 1011
July 18, 2017, 11:10:40 AM
#46
It looks like the biggest uncertainties will be resolved this Friday, July 21st. With far above 80% support for SegWit2x, August 1st should not matter anymore (as BIP 148 will not trigger).

That would mean between now and Thursday should be the best time to buy.

On the other hand, August 1st is passed around everywhere as the "day of doom." Many uninformed people out there. So maybe wait till July 31st to buy? And will there be any risks left after Segwit is activated later this week?

The key question is: How much FUD will be left in the market after Friday...?
If you are a person who does not take risks then you can choose the date of August 1 as the right time to determine the direction of investment you want. All day is very risky at this time so everything can still happen. Sometimes it is impossible to happen. You have to think carefully in making this decision.
hero member
Activity: 2730
Merit: 632
July 18, 2017, 10:54:42 AM
#45
I think now would be a good time to buy bitcoin especially if you are into long term. Bitcoin is still cheap and we won't know after a couple of years it'll double the amount of what it is today, so if you're a risk taker then now would be a good time then.
If you are longing for long term then buying bitcoin would be anytime but if you are just doing short tradings then its somehow risky to buy up into this moment because the price have been slowly recovered after the dumped and its starting to rise again and if we tend to buy now possibilities of dump is still there since we are not yet on the main event on this august which means its too risky. If you can able to handle the risk then you can buy anytime on bitcoins price.
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