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Topic: Buy now or regret later. (Read 3767 times)

full member
Activity: 146
Merit: 100
November 25, 2013, 04:36:56 PM
#35
I pretty sure it will drop soon, without the media attention and when people will bored or tired of watching the charts every second.
legendary
Activity: 854
Merit: 1000
November 25, 2013, 04:30:25 PM
#34
Why would you invest your Bitcoins into Cash?

The best comment so far!!!  Cheesy
hero member
Activity: 520
Merit: 500
November 25, 2013, 04:19:11 PM
#33
i figure sooner or later a major retailer/chain will start accepting bitcoin, especially considering all the attention it's getting now. the roller coaster ride is going to get more turbulent, so be prepared.

Richard Branson accepting it is a step in the right direction. Let's hope he'll start accepting it as well for Virgin Airlines and Virgin Media. How awesome would it be being able to buy blurays, cd's or even plaintickets with bitcoin. Let's hope more (big) companies will follow his example.

Just Hope Wallmart or Amazon start accepting BTC.


FYI, it's not QUITE the same, but Gyft sells Amazon gift cards for Bitcoin at an exchange rate that is comparable to Coinbase. It's a good service, never had any issues with it.
newbie
Activity: 28
Merit: 0
November 25, 2013, 03:13:48 PM
#32
Buy now and regret later .
legendary
Activity: 1904
Merit: 1002
November 25, 2013, 11:41:52 AM
#31
i figure sooner or later a major retailer/chain will start accepting bitcoin, especially considering all the attention it's getting now. the roller coaster ride is going to get more turbulent, so be prepared.

Richard Branson accepting it is a step in the right direction. Let's hope he'll start accepting it as well for Virgin Airlines and Virgin Media. How awesome would it be being able to buy blurays, cd's or even plaintickets with bitcoin. Let's hope more (big) companies will follow his example.

Just Hope Wallmart or Amazon start accepting BTC.


If only 1 of them was 'brave' enough to take that step. I think it would be a huge boost for their sales if Amazon, for example, started to accept bitcoin. It would only be a matter of time before other big companies follow their example.

That's really unlikely to happen. Amazon has their own payment service, why would they accept BTC which is pretty much in direct competition with their payment service? As far as walmart goes....It's walmart... I'd say tigerdirect or newegg would accept BTC before anyone else.

Because most transactions on Amazon are processed by visa or MasterCard, and cost amazon several percent.
sr. member
Activity: 342
Merit: 250
November 25, 2013, 11:27:15 AM
#30
i figure sooner or later a major retailer/chain will start accepting bitcoin, especially considering all the attention it's getting now. the roller coaster ride is going to get more turbulent, so be prepared.

Richard Branson accepting it is a step in the right direction. Let's hope he'll start accepting it as well for Virgin Airlines and Virgin Media. How awesome would it be being able to buy blurays, cd's or even plaintickets with bitcoin. Let's hope more (big) companies will follow his example.

Just Hope Wallmart or Amazon start accepting BTC.


If only 1 of them was 'brave' enough to take that step. I think it would be a huge boost for their sales if Amazon, for example, started to accept bitcoin. It would only be a matter of time before other big companies follow their example.

That's really unlikely to happen. Amazon has their own payment service, why would they accept BTC which is pretty much in direct competition with their payment service? As far as walmart goes....It's walmart... I'd say tigerdirect or newegg would accept BTC before anyone else.
hero member
Activity: 952
Merit: 1000
November 25, 2013, 11:26:19 AM
#29
Why would you invest your Bitcoins into Cash?

No one is investing in cash I hope, you need cash just to be able to buy stuff or invest in something more reliable (land, gold). No need to blame anybody for converting Bitcoins into cash...
legendary
Activity: 2026
Merit: 1034
Fill Your Barrel with Bitcoins!
November 25, 2013, 10:57:43 AM
#28
Why would you invest your Bitcoins into Cash?
full member
Activity: 140
Merit: 100
Bitcoin - love & hate
November 25, 2013, 05:35:49 AM
#27
I bought in 2 coins at $500 then added another one at $820... thinking to sell off 1 at current price and see what happens from here? We're certainly in an interesting period right this minute!

You may sell 2 coins for $600 total profit, not bad. Not sure about the third one...

600$ Profit?
He paid 1820$ total, selling 2@ 820$ equals 180$ for the remaining bitcoin.

He can take 600$ profit, if he sells all coins. Would not advise that. But 180$ per Bitcoin is a decent price.
full member
Activity: 129
Merit: 100
November 25, 2013, 05:15:39 AM
#26
I bought in 2 coins at $500 then added another one at $820... thinking to sell off 1 at current price and see what happens from here? We're certainly in an interesting period right this minute!

You may sell 2 coins for $600 total profit, not bad. Not sure about the third one...
legendary
Activity: 1176
Merit: 1010
Borsche
November 25, 2013, 05:06:29 AM
#25
I bought in 2 coins at $500 then added another one at $820... thinking to sell off 1 at current price and see what happens from here? We're certainly in an interesting period right this minute!

Word of advice - less looking at the minute or 5-minute candles will help you have your coins for longer. Limit yourself to dailys, then once you live past a crash you can look at hourlies, if you still didn't panic sell at the bottom.
member
Activity: 95
Merit: 10
November 25, 2013, 04:53:53 AM
#24
I bought in 2 coins at $500 then added another one at $820... thinking to sell off 1 at current price and see what happens from here? We're certainly in an interesting period right this minute!
sr. member
Activity: 308
Merit: 250
November 25, 2013, 04:53:02 AM
#23
maybe, or we see a nice double top here and another slide downward so we can all grab some cheaper coins. i guess we'll see -- see you on the order book!!! Cheesy

I dont do day trading, so i dont mind if price goes down little bit, i am going to hold my coins for 6 months at least and at that time, you guys will be buying coins for 2000$ and i will be selling some of mine for a good profit.
I bought mine for 200 btw.
sr. member
Activity: 252
Merit: 250
November 25, 2013, 04:48:31 AM
#22
$900 is looking more and more like our new $266.  Add the negative news from China and I'd say it's going to be an interesting week.   Cool
sr. member
Activity: 644
Merit: 260
November 25, 2013, 04:44:29 AM
#21
maybe, or we see a nice double top here and another slide downward so we can all grab some cheaper coins. i guess we'll see -- see you on the order book!!! Cheesy
full member
Activity: 123
Merit: 100
November 25, 2013, 04:32:10 AM
#20
If you want to earn good profits buy bitcoins now and forget them for a month or 2.
Another ride is coming soon and you wont be able to buy bitcoins at more cheap prices.


We are headed to $5000 by summer and $10,000 by fall 2014.  Yeah I would say definitely don't sell because it would be one of the dumbest mistakes of your life. Keep your coins and only spend them if you have no better option. You have to eat food and pay bills, but you don't need a new car.

I believe Bitcoin has to go up as well, so spending now does not make sence. I will wait for more stable times before spending
legendary
Activity: 2156
Merit: 1070
November 25, 2013, 04:17:57 AM
#19
Taking a break from the Troll Box on BTC-E?  Wink

What makes you so confident?

Well, let's see.  It's gone up 10x every year so far, so yeah, we must be idiots to think that it might do it again this year.
That doesn't mean you have to buy at or near the current peak...

If bitcoin is at $10,000 next year, I'm pretty sure I'm not going to care whether I bought it at $812 or $780.

If bitcoins are $320 on Christmas day, you would rather have waited!

If the grass is green its probably alive.

Oh, and if water is wet it probably is not dry either.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
November 25, 2013, 03:44:21 AM
#18
Taking a break from the Troll Box on BTC-E?  Wink

What makes you so confident?

Well, let's see.  It's gone up 10x every year so far, so yeah, we must be idiots to think that it might do it again this year.
That doesn't mean you have to buy at or near the current peak...

If bitcoin is at $10,000 next year, I'm pretty sure I'm not going to care whether I bought it at $812 or $780.

If bitcoins are $320 on Christmas day, you would rather have waited!
hero member
Activity: 714
Merit: 510
November 25, 2013, 03:22:14 AM
#17
If you want to earn good profits buy bitcoins now and forget them for a month or 2.
Another ride is coming soon and you wont be able to buy bitcoins at more cheap prices.


We are headed to $5000 by summer and $10,000 by fall 2014.  Yeah I would say definitely don't sell because it would be one of the dumbest mistakes of your life. Keep your coins and only spend them if you have no better option. You have to eat food and pay bills, but you don't need a new car.
sr. member
Activity: 378
Merit: 255
November 25, 2013, 03:08:25 AM
#16
Taking a break from the Troll Box on BTC-E?  Wink

What makes you so confident?

Well, let's see.  It's gone up 10x every year so far, so yeah, we must be idiots to think that it might do it again this year.
That doesn't mean you have to buy at or near the current peak...

If bitcoin is at $10,000 next year, I'm pretty sure I'm not going to care whether I bought it at $812 or $780.
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