Dude, no-one know what "after a crash" is until after the fact. Therefore "right now" is ALWAYS the best time to buy.
How about just buying bitcoin because they're awesome?
Topic: I guess this is what we see happen now (Read 2740 times)
How about just buying bitcoin because they're awesome?
Dude, no-one know what "after a crash" is until after the fact. Therefore "right now" is ALWAYS the best time to buy.
In Bitcoin right now has always been the best time to buy.
After every crash is good time to buy. Dont know if right under $400 was the bottom though
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
Unfortunately I did see some posts about: should I invest my life savings in BTC now or wait for a dip? and you do get "bulls" who just say buy buy buy no matter what, in all circumstances, mainly for their own profit.
Yup, only a few weeks ago people were proposing loans from banks or their 401k and -- to their credit -- many of the posters on here advised against it. But it was frightening to see how many actually urged them on like it was a good idea. At the time, it was treated around here as a given that we'd see a price of $2,000 USD minimum by the end of December. Of course, no one will fess up to this now, but you all know who you are
In Bitcoin right now has always been the best time to buy.
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
Unfortunately I did see some posts about: should I invest my life savings in BTC now or wait for a dip? and you do get "bulls" who just say buy buy buy no matter what, in all circumstances, mainly for their own profit.
Yup, only a few weeks ago people were proposing loans from banks or their 401k and -- to their credit -- many of the posters on here advised against it. But it was frightening to see how many actually urged them on like it was a good idea. At the time, it was treated around here as a given that we'd see a price of $2,000 USD minimum by the end of December. Of course, no one will fess up to this now, but you all know who you are
this is happening all the time.
Yes, bitcoin is volatile, but it's also very predictable.
Yes, bitcoin is volatile, but it's also very predictable.
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
Unfortunately I did see some posts about: should I invest my life savings in BTC now or wait for a dip? and you do get "bulls" who just say buy buy buy no matter what, in all circumstances, mainly for their own profit.
It's always a bit odd seeking advice from people in a competitive market...like seriously, how can you trust anyone?
Nah, it's only competitive for traders. It's co-op for investors
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
Unfortunately I did see some posts about: should I invest my life savings in BTC now or wait for a dip? and you do get "bulls" who just say buy buy buy no matter what, in all circumstances, mainly for their own profit.
It's always a bit odd seeking advice from people in a competitive market...like seriously, how can you trust anyone?
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
Unfortunately I did see some posts about: should I invest my life savings in BTC now or wait for a dip? and you do get "bulls" who just say buy buy buy no matter what, in all circumstances, mainly for their own profit.
How many times can you re-inflate the same used condom?
In the good old days that's what you did for a long time. And you kept it in a special box.
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
Never invest money you can't afford to wait 2 years for.
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Most say here: never invest money you cant loose.
I hope all follow this advice
This time some people seriously got hurt. That's what is bad about the bulls hyping things up. People proposed selling the house, getting loans, etc to buy bitcoins... That is just ridiculous and could potentially ruin the lives of those that depend on them.
Next one can only be 10K then!
But it won't be. Too much speculation. How many times can you re-inflate the same used condom?
actually, about infinity
As many times as it takes for people to stop thinking it'll protect you against anything.
Next one can only be 10K then!
But it won't be. Too much speculation. How many times can you re-inflate the same used condom?
Next one can only be 10K then!
Each hype is bigger than the previous. The first one was up to 32, the second to 170, this to 1200. Can't wait to see where the next will lead to!
In percentage terms, the crash of April '13 was smaller than the slide down from the '11 high. IIRC, the very bottom was still about twice as high as it would have needed to go to go as deep as in '11, as a percentage of the peak.
Now, in April, the bottom on Bitstamp was, if my data is right, about 17% of the peak. That means that if we stay above 197 USD or so this time, the crash will have been less deep again. We're about to get another data point on the idea that free markets will stabilize themselves.
Edit: Incidentally, the current low of 382ish is again about twice as high as the low would be, were this crash to go as deep as the April one did.
and the last three times this is what happened too, right?
Yes but this time it was allot more hype
Each hype is bigger than the previous. The first one was up to 32, the second to 170, this to 1200. Can't wait to see where the next will lead to!
and the last three times this is what happened too, right?
Yes but this time it was allot more hype
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