Topic: Good idea to buy bitcoins now? - page 18. (Read 20820 times)

Quote from: TheRealSheep on May 28, 2016, 06:25:11 PM

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.

Yeah many users don't have some patience to just hold their coins and it result for them to sell and affect the price to fall down up to $650 per bitcoin so for me it will take more time for bitcoin to reach $1k price because as you said many people have lack of patience but let see this year if the price will reach up to that Grin

.

Yes this is true. Some people are inpatient. Bitcoin was at $1000 CAD a weak ago and now it's at $800. I generally use Bitcoin as currency, but i bought $20 worth of bitcoin due to halving t=and the expected price increase. It may or may not be caused by all the hype surrounding halving, but that hyoe is certainly affecting the price.

simplelife888

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Halving time is coming there are alitle time for that because it it is not too late to buy bitcoin especially tpday why ? today si bitcoin prise is good to buy for short time for long time because of it is good idea to buy bitcoin now.

praprata

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I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think?

Now is a good time to buy Bitcoin because the price has dropped a bit and I think that it is going to rise again after the halving.
So I suggest that you buy now so that you can sell later on in the future to make a profit.

Mvaporis1961

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Quote from: cambda on June 26, 2016, 05:24:48 PM

Quote from: BitHodler on June 26, 2016, 04:53:48 PM

Quote from: Cyaren on June 26, 2016, 04:41:56 PM

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.

Yeah many users don't have some patience to just hold their coins and it result for them to sell and affect the price to fall down up to $650 per bitcoin so for me it will take more time for bitcoin to reach $1k price because as you said many people have lack of patience but let see this year if the price will reach up to that Grin

.

jaysabi

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Quote from: BitHodler on June 26, 2016, 04:53:48 PM

Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

It will go higher after the halving, supply and demand laws say it will, THAT IS NOT A GUARANTEE but it is most likely going to go over the top and probably reach about $800 within the first week. Keep your bitcoins, i would buy if you have none.

have fun after the halving you'll make loads of profit!

That's not what the law of supply and demand says. The supply in this case is the number of coins being sold, not the number being produced. A decrease in the rate of new production could equate to a lowering of supply, but they are not necessarily linked. Speculators have already bought so many bitcoins in expectation of profiting from the halving that the market could be flooded with supply at a moment's notice as everyone rushes to lock in their profit, and the price could collapse because of it.

cambda

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Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Majority of people lack patience and last week when it touched to $780 it gave an additional hope to the people that $1k is easily possible now, but price started to go back again, so not sure what will be the price at halving.

BitHodler

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Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

There are indeed no guarantees when it comes to Bitcoin but the great thing about Bitcoin is that it will gain more and more popularity throughout the years.

Maybe that the price won't increase much this year from the price today but I am quite sure that it will do so next year and the years after that as we progress through the years. Patience is needed.

Cyaren

sr. member

Activity: 294

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Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

It will go higher after the halving, supply and demand laws say it will, THAT IS NOT A GUARANTEE but it is most likely going to go over the top and probably reach about $800 within the first week. Keep your bitcoins, i would buy if you have none.

have fun after the halving you'll make loads of profit!

dezoel

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Well for now I think it is not a good idea to buy bitcoin. Its price is high now wait for a good price. If you have some now then hold it and maybe it will rise more.

I disagree. To be able to make a big profit before halving, you need to buy now because we all know that the price will continue to rise until we had reached the event we are waiting, so don't miss the chance to gain a huge profit.

Its not guaranteed that price will be higher at halving, as price is not moving up with a good pace, its stuck to $650-660 range, so buying at this price will be risky if price doesn't go higher at halving.

Jmild1

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