i just bought another bitcoin - page 2.

General

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Quote from: Cryptopher on May 26, 2014, 05:46:58 PM

Quote from: General on May 25, 2014, 06:30:00 PM

From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.

It could be a difficult act to follow this time around. The fact that it shot up so much means that trying to maintain at least 2.5x growth is nuts. Hell, we may be looking at shrinkage this year, who knows.

Interesting point you make though.

You're right that we're not on track but I remember when I thought the same thing when it lingered at 100 USD for months until it shot to 300 and then eventually 1,150 within a month.

We'll see -- hopefully it does follow the trend we've seen thus far.

Cryptopher

legendary

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Keep it dense, yeah?

Quote from: General on May 25, 2014, 06:30:00 PM

From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.

It could be a difficult act to follow this time around. The fact that it shot up so much means that trying to maintain at least 2.5x growth is nuts. Hell, we may be looking at shrinkage this year, who knows.

Interesting point you make though.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: Ibian on May 25, 2014, 07:20:38 PM

Quote from: RUEHL on May 25, 2014, 07:11:40 PM

Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish.

Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth.

I'm not a big player like some of you gents. Grin

Maybe not now, but in a few years? I can already see people posting about how they wish they had had the foresight to buy ONE. WHOLE. COIN. back when it was still cheap at 10k.

That's a great vision...and honestly, I think it will happen like that.

quone17

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It does seem like we're rolling again. I would think in the next month we'll take a shot at at least $800 or maybe even $1000. Seems the logical place to go. We might now take out those numbers but is be surprised if it stopped now or at $700.

Ibian

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Quote from: RUEHL on May 25, 2014, 07:11:40 PM

Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish.

Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth.

I'm not a big player like some of you gents. Grin

Maybe not now, but in a few years? I can already see people posting about how they wish they had had the foresight to buy ONE. WHOLE. COIN. back when it was still cheap at 10k.

RUEHL

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Activity: 126

Merit: 100

Yep, last night (or this morning) after the huge run-up to 586, I waited for a pullback and it just crashed 26 points within minutes to $560ish.

Brought up Coinbase and bought at 563 and 564... but I only 1/2 bitcoin worth.

I'm not a big player like some of you gents. Grin

Ibian

legendary

Activity: 2268

Merit: 1278

I'm planning to buy all the way to 1500, then sit back and wait for the top.

My thinking is this: Whenever we have a rally towards a new ATH it is followed by a drop to somewhere above the previous ATH. Last ATH was 266, and it dropped to 380 or so. Current ATH is just over 1k, so the next bottom is likely to be in the 1500-2000 range.

Unfortunately it will be another month until I have any spare fiat, but oh well.

General

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From January to December every year since inception Bitcoin has risen AT LEAST 2.50x it's value. If the pattern doesn't waiver, you should profit.

MoneyGod

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Currently I will also suggest just keep buying until its touch 1000$ its best investment for long term basis

pinksheep

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Quote from: Cryptopher on May 25, 2014, 05:50:42 PM

Quote from: pinksheep on May 25, 2014, 05:32:05 PM

Quote from: Barnabe on May 25, 2014, 03:56:44 PM

I still don't know if I really want to buy some ...

The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ...

I wish there was an ATM in my city Tongue

Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes.

And what site is it that you are referring to? Was surprised that you didn't mention it Huh

Thought mentioning it might constitute spamming & I don't want to lose my signature progamme.

Cryptopher

legendary

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Keep it dense, yeah?

Quote from: pinksheep on May 25, 2014, 05:32:05 PM

Quote from: Barnabe on May 25, 2014, 03:56:44 PM

I still don't know if I really want to buy some ...

The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ...

I wish there was an ATM in my city Tongue

Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes.

And what site is it that you are referring to? Was surprised that you didn't mention it Huh

pinksheep

full member

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Quote from: Barnabe on May 25, 2014, 03:56:44 PM

I still don't know if I really want to buy some ...

The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ...

I wish there was an ATM in my city Tongue

Are you in the US? If you're in the UK, I can recommend a brilliant site where you can complete the whole buying process in less than an hour. In fact, sometimes it only takes 10 minutes. Everyone single one of my BTC were bought through it.

Dimrain13

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Quote from: TPN on May 25, 2014, 03:53:37 PM

I think I will keep buying til it becomes mainstream.

True hipsters do what they want :p

RockHound

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Quote from: jonald_fyookball on May 25, 2014, 03:08:06 PM

yeah... price is going up...

i have "enough", but why not 1 more.
might as well get em now while its cheap.

Good man Jonald! You've been in this space long enough to know BTC price index is volatile - but it's still crazy cheap compared to what everyone on here thinks it has potential to reach!

Lost my job last year, but if I was still salaried - I would be tempted to put 45% into BTC each month regardless of price.

Barnabe

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★Bitvest.io★ Play Plinko or Invest!

I still don't know if I really want to buy some ...

The main problem is that I would have to contact a seller, make him a bank transfer and it takes forever and it's boring ...

I wish there was an ATM in my city Tongue

TPN

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How did it get so late, so soon?

I think I will keep buying til it becomes mainstream.

beetcoin

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i haven't bought any in over a year.. bitcoin's too volatile for my blood. i guess i'm just conservative like that. i'm well aware that whatever amount i have, there's a good chance it will be worth nothing.

Cryptopher

legendary

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Keep it dense, yeah?

So I gauge that this topic is more of a statement, but I'll take it as a discussion for whether we are on the verge of another bubble of new money entering the market.

How many is 'enough' if you don't mine me asking?

I bought 1.97 BTC in total, but have traded my way to stay in profit, one of the BTC I bought was over $1000 :O

Alley

legendary

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Im going to buy all the way up to $1,000 then just watch my coins rise in value. Course ill still buy what I need tp spend.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

yeah... price is going up...

i have "enough", but why not 1 more.
might as well get em now while its cheap.

Topic: i just bought another bitcoin - page 2. (Read 2825 times)