I need bitcoin to be $690 to break even.....will I make it? - page 13.

Dafar

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Quote from: GreenStox on March 30, 2015, 12:19:05 AM

Well i have good news OP.

The recent NASDAQ positive news will push really positive stuff into the bitcoin so it can rise really fast by the end of this year.

If you afford to keep your investment until the end of year it can go back to 690$ i think!

Quote from: oblivi on March 30, 2015, 05:20:26 PM

Probably around that by the end of the year yeah, but I cant wait for new ATH. It has to be broken again to prove the fact Bitcoin's success is inevitable and will recover from any crash.

Haha, I like the enthusiasm. But I'm not 100% convinced that there will be another bubble, even though there have been 3-4 in the past. Things turn out "different" when people get greedy (like me). But there's still a chance it'll go somewhere and alas, no risk no reward.

I've bought a few more BTC since I made this post at around $230-$290... I think my cost avg is down to around $630 now

oblivi

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Quote from: GreenStox on March 30, 2015, 12:19:05 AM

Well i have good news OP.

The recent NASDAQ positive news will push really positive stuff into the bitcoin so it can rise really fast by the end of this year.

If you afford to keep your investment until the end of year it can go back to 690$ i think!

Probably around that by the end of the year yeah, but I cant wait for new ATH. It has to be broken again to prove the fact Bitcoin's success is inevitable and will recover from any crash.

GreenStox

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Well i have good news OP.

The recent NASDAQ positive news will push really positive stuff into the bitcoin so it can rise really fast by the end of this year.

If you afford to keep your investment until the end of year it can go back to 690$ i think!

randy8777

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this year definitely not. next year, maybe. as other people also said, hold your coins. that's your best option.

Minerjoe

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Quote from: GreenStox on March 27, 2015, 03:44:50 PM

Quote from: Q7 on March 26, 2015, 07:29:15 AM

Just relax. If I were you I would continue to hold on to my stash. My prediction will be that after the next halving, I mean the second one, will we start to see the price gradually go up. And whatever happens right now, shouldn't become a worry because at this stage it is still not yet stable, basically with so much supply being introduced each day to the open market

Agreed, i just hate miners, that greedy guys make bigger and bigger facilities to create bitcoins lightspeed fast, basically they just counterfeit like the central banks.

On the other hand miners are needed to operate the bitcoin system and to keep it alive.

So its really a mixed feeling...

If you do not mine, why do care about miners?
To answe OP, yes, you ll make it, you just need to be very, very patient.

GreenStox

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Quote from: Q7 on March 26, 2015, 07:29:15 AM

Just relax. If I were you I would continue to hold on to my stash. My prediction will be that after the next halving, I mean the second one, will we start to see the price gradually go up. And whatever happens right now, shouldn't become a worry because at this stage it is still not yet stable, basically with so much supply being introduced each day to the open market

Agreed, i just hate miners, that greedy guys make bigger and bigger facilities to create bitcoins lightspeed fast, basically they just counterfeit like the central banks.

On the other hand miners are needed to operate the bitcoin system and to keep it alive.

So its really a mixed feeling...

ABCbits

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You have to be very patient if you wait bitcoin price reach $690

You better do something to make more bitcoin, like do trading / gambling.
You could reach break even faster Roll Eyes

Searing

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Quote from: Dafar on March 01, 2015, 07:34:57 PM

Will I make it?

you and me both buddy

-well for me around 525usd with elec would do it ...but you get my drift....-

Q7

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Just relax. If I were you I would continue to hold on to my stash. My prediction will be that after the next halving, I mean the second one, will we start to see the price gradually go up. And whatever happens right now, shouldn't become a worry because at this stage it is still not yet stable, basically with so much supply being introduced each day to the open market

KaliLinux

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Quote from: BitmoreCoin on March 26, 2015, 04:09:53 AM

Quote from: bitbunnny on March 24, 2015, 06:20:55 AM

Welll, I think BTC is becoming more and more mass currency and its value will probably stagnate over the time. Don't think that it will be that high again.

When BTC becomes a mass currency, and everybody wants to have/use some BTC, how much will it be?

Write loads of numbers on some paper between $1-$10.000, rip the different numbers apart on the paper and throw them in the air, close your eyes and feel your way to one of the bits of paper which ever you choose that will be the price.

BitmoreCoin

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Quote from: bitbunnny on March 24, 2015, 06:20:55 AM

Welll, I think BTC is becoming more and more mass currency and its value will probably stagnate over the time. Don't think that it will be that high again.

When BTC becomes a mass currency, and everybody wants to have/use some BTC, how much will it be?

Moonpig

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I think we will make it back there. I think people just need patience. Bitcoin has only reach a tiny part of its potential, we just have to wait for the rest of the world to realize this and get involved.

Quote from: OgNasty on March 01, 2015, 07:40:58 PM

If you're still valuing your bitcoins based on an exchange rate, you're doing it wrong.

What are we meant to value it by? Some people have invested x amount per coin and need it to reach that to break even or see a profit.

bitbunnny

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Welll, I think BTC is becoming more and more mass currency and its value will probably stagnate over the time. Don't think that it will be that high again.

LitcoinCollector

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If you can just keep your BTC. Nobody knows where the price will go, but I think it will go up again!

BitBOOM

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Of course. The bitcoin infrastructure is growing by the day. Eventually that $1100ish all time high will look like nothing, Enjoy the ride

Razick

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Quote from: OgNasty on March 01, 2015, 07:40:58 PM

If you're still valuing your bitcoins based on an exchange rate, you're doing it wrong.

Not really. That's pretty much the best way to value them until you can buy goods whose prices are not tied to the exchange rate.

Amph

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Quote from: tyrexs on March 18, 2015, 05:35:04 PM

you need waiting 2 year for bitcoin back to $600

crystall ball too much?

300 is near, 690 is just little above the double of that, a willy bot clone or anything similar, can point bitcoin to that value in no time

remember that the 1200 was reached in a few steps and was a random thing

GreenStox

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Quote from: bitboy11 on March 23, 2015, 08:46:53 AM

It should see $690 again in at least 3 years or less.
But clearly you're in a tough position when you bought so much at such a high price.
All I can recommend you to do is... Hold!

Yes, i agree, unless he needs the funds immediately, he should hold. No reason why to sell now, the price of it is stable and eventually if you wait it out i will get back above 690$.

Of course it can also go to 0, but that means that the whole project will fade away and something better comes along, much better, and if thats the case then he`ll have another opportunity to get rich quick...

bitboy11

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It should see $690 again in at least 3 years or less.
But clearly you're in a tough position when you bought so much at such a high price.
All I can recommend you to do is... Hold!

The Sceptical Chymist

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Quote from: jacktheking on March 02, 2015, 02:54:49 AM

Five years to break even - reach $690? Are you kidding me? At cufeels like the precious metals market almostrrent Bitcoin growth, I believe that Bitcoin will reach $700 in two years time. And probably over a thousand in five years.

Hmmm...we'll see. I'm new to cryptocoins and am curious as to where this is all heading myself.I didn't buy any until after that parabolic spike. Feels like the precious metals market almost.

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