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Topic: Good idea to buy bitcoins now? - page 29. (Read 20820 times)

sr. member
Activity: 266
Merit: 250
May 28, 2016, 11:37:58 PM
#20
I think this is not a good time to buy because the price of bitcoin right now is high.520 is the price today and i think it will decrease maybe mid june..
So better to wait more days or weeks if the price is decrease before you can start to buy.. but you can buy if you cant wait maybe the price today it will still increase more..
legendary
Activity: 1106
Merit: 1005
May 28, 2016, 11:29:14 PM
#19
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? Smiley

would have been better if you was a few days earlier, but if you have some spare cash to invest, go for it.

even if it doesn't pay off immediately, just hold it for a few months. It will turn a profit eventually.
legendary
Activity: 1344
Merit: 1006
May 28, 2016, 10:08:33 PM
#18
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? Smiley
I guess Yes it's a good idea to buy, hold or store Bitcoins now because of halving and if you think about it, the it's very unusual for the price of Bitcoin to climb on a weekend because it has been always slow on a weekend but this time it's different, rate climbs to $520 what more when the weekday trading starts.
sr. member
Activity: 326
Merit: 250
Atdhe Nuhiu
May 28, 2016, 10:07:15 PM
#17
if you are not in china then buy
the price elsewhere is 80 usd lower geez
but only if you have money at exchange

on monday all exchanges will be loaded with fiat and price will surge further to close the gap with china
hero member
Activity: 840
Merit: 1000
May 28, 2016, 10:04:27 PM
#16
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? Smiley

The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely.

Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops.

Take a look at what happened at the Litecoin halving last August for an example of might happen next month.

Thats belief is actually something great that could drive the price so mad. I wouldnt mind if people keep believing this kind of crap. Buying btc right now is kinda gambling, when bubbles pop everyone suffer however if you dont buy it now you are missing alot of profit. Most people cant stand that obviously
full member
Activity: 224
Merit: 100
May 28, 2016, 09:38:23 PM
#15
For now, price of Btc is still good when buying but it's a bit high this time. The risk is pretty high if you could get a profit after halving or not. It would be much better if you bought a week/month ago, the buy price is much cheaper that time than now. Everyday it just keep on rising and i'll just hope it will stay that way.
legendary
Activity: 1218
Merit: 1000
May 28, 2016, 09:25:58 PM
#14
might be a good idea to hold bitcoin that you have, and perhaps also often buy bitcoin is a very good idea, most likely next month, the price of bitcoin will rise to more than $ 600, maybe this is the right time to buy bitcoin with all the money you have
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
May 28, 2016, 09:25:26 PM
#13
It's full of air at present and primed to burst. In the long run there's a good chance you'd do well but times such as now require a little caution.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
May 28, 2016, 09:15:22 PM
#12
I think the price is bit high now but still if you believe that halving can be profitable for you then you can buy now price still keep rising and rising day by day as you can see the price movements intended to go up for now due to people have positive belief for this halving comes, thats why i can say it really profitable then do buy now.
sr. member
Activity: 420
Merit: 250
May 28, 2016, 08:22:35 PM
#11
I don't know man. The price of bitcoin have a huge increase from yesterday, if you buy bitcoins now , it's really scary because the price can go down anytime.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
May 28, 2016, 08:01:25 PM
#10
Keep in mind that there is a better than average chance that there will be a dump after the halving at some point as people who have been buying specifically because of the halving cash out their profits. The rush to exit could cause a steep crash.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
May 28, 2016, 07:59:29 PM
#9
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? Smiley

The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely.

Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops.

Take a look at what happened at the Litecoin halving last August for an example of might happen next month.

If everyone is buying because of the halving, then the halving does affect the price. That says nothing about whether people are being unreasonable for acting on the halving... What's going on is speculation, and speculation absolutely affects price.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
May 28, 2016, 07:55:40 PM
#8
for now it is a risk of pumping, even though the bitcoin block is halving, you should exercise the risk before you roll yours.
that's up to you, the bitcoin is soaring (for a moment only or eve higher); just don't be mad if you failed to risk.
hero member
Activity: 966
Merit: 507
May 28, 2016, 07:27:39 PM
#7
I think you should make this decision taking into account all the risks that you are willing to take as well as a proper risk reward ratio. But it is undoubted that in markets is really hard to foresee with accuracy the potential scenarios ahead.
hero member
Activity: 490
Merit: 520
May 28, 2016, 07:14:34 PM
#6
Buy now if you're willing to settle for smaller profits, just make sure to keep an eye on the market so you can buy during a dip. It's probably best to avoid buying immediately and rather watch and play the market because of the price variations that'll occur due to the new value.

Just keep watching and make whatever choice you think is best.
sr. member
Activity: 434
Merit: 250
May 28, 2016, 07:07:20 PM
#5
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? Smiley

The halving has no direct effect on the price of a bitcoin. However, because so many people believe that the halving affects the price, a speculative bubble is likely.

Is this the start of the bubble, or the top? There is no way to know, but I'm guessing that it is still early. I would buy now or buy later after the bubble pops.

Take a look at what happened at the Litecoin halving last August for an example of might happen next month.

You are right about that, I think that you can better buy it right now due to the fact if you buy it right now you can maybe make some profit with the bubble of the halving.
Of course its not predictable but there is a chance.
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
May 28, 2016, 06:50:58 PM
#4
It's a good idea to trade right now, but the year's high (which is what we're going through now) is not an ideal entry price. In my opinion, now is not a good time to buy bitcoin with the intention of holding long term.
legendary
Activity: 2170
Merit: 1427
May 28, 2016, 06:47:53 PM
#3
Current price is good if you are looking to cash out on some of your coins or simply to keep holding further. I wouldn't want to enter the market at this price at the moment.
hero member
Activity: 629
Merit: 501
Experientia docet
May 28, 2016, 06:43:00 PM
#2
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? Smiley

It would be a great idea to buy bitcoin just a week ago. Now is still good if you're going long term. Just don't expect the price to double right after the halving.
newbie
Activity: 26
Merit: 0
May 28, 2016, 06:25:11 PM
#1
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? Smiley
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