I dont buy now, I waiting if the correction really comes so I can buy cheaper.
Oh it will correct alright. To maybe $7000. And then back up a week later. 
Topic: Is Anyone Buying Bitcoins? (Read 6519 times)
I dont buy now, I waiting if the correction really comes so I can buy cheaper.
My recommendation is also set to buy.
edit
I personally buy no matter what the price is. I just tell myself Bitcoin HAS to be worth more next year than is is now. That alone helps me just dive right in. Im more scared about letting a life changing investment pass me buy than actually losing and fiat value. I have more fun here than the casino anyway.
I for one have stopped buying: I cannot enlarge my stash significantly with what is leftover from my paycheck and I have better uses for my money now.
I bought from $70 all the way to $700, after that my deposits went into LTC- then NMC.. I think I will keep throwing a few hundred dollars into alt coins when some of them are still pennies/dollars..
Here's a counterpoint to those who say that bitcoin will keep going up indefinitely: http://pando.com/2013/11/26/bitcoin-you-have-a-china-problem/ China is probably where most of the new demand for bitcoin is coming from right now, so if this guy is right, bitcoin could be looking at a pretty serious correction.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
Great post and a good article. It further confirms my #1 cause of the current bubble crash could be China. It really is a sensitive political country and bitcoin is tickling the dragon right now. Not enough to incite them to act but the bigger bitcoin grows the bigger the chance of a ban. It happened with QQ (sort of) and I can't possibly see any alternative for bitcoin if the Chinese see a dip in their Yuan use.
Governments (aka "they")--whether in China or the USA--are not cohesive organizations. They are a bunch of people with varied goals and ambitions following the "party line" because it is working for them. If it looks likely to stop working, people want to transition stealthily to the winning team. The winning team could very well involve bitcoin.
The people in China that could best apply the benefits of bitcoin are the same people that have sway over the rules. What we are seeing with BTCChina is free-thinking individuals deciding to invest a bit of money in an escape hatch. As the eye of the dragon turns towards bitcoin, it simply means that more people with lots of money will have the chance to see the benefits it offers to them and their families. Even if the official party line becomes "anti-bitcoin," there will be such a vested interest in BTC behind the scenes that any meaningful crackdown would be neutered.
Here's a counterpoint to those who say that bitcoin will keep going up indefinitely: http://pando.com/2013/11/26/bitcoin-you-have-a-china-problem/ China is probably where most of the new demand for bitcoin is coming from right now, so if this guy is right, bitcoin could be looking at a pretty serious correction.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
Great post and a good article. It further confirms my #1 cause of the current bubble crash could be China. It really is a sensitive political country and bitcoin is tickling the dragon right now. Not enough to incite them to act but the bigger bitcoin grows the bigger the chance of a ban. It happened with QQ (sort of) and I can't possibly see any alternative for bitcoin if the Chinese see a dip in their Yuan use.
Here's a counterpoint to those who say that bitcoin will keep going up indefinitely: http://pando.com/2013/11/26/bitcoin-you-have-a-china-problem/ China is probably where most of the new demand for bitcoin is coming from right now, so if this guy is right, bitcoin could be looking at a pretty serious correction.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
That said, I'd take the article with a grain of salt. People in China have very few places to invest, local stock markets and the real estate markets being pretty much the only places - and they don't have much of a stock market there, unlike in the USA. Partly because of that, their real estate market has been overheated for years now. So it looks like they're looking at Bitcoin as the next big thing.
Not buying Bitcoins atm
Changing some for Litecoins
I wont buy till we get to a stable price (a month with a +/- 10% fulctuation price)
I like your idea, however it appears that we won't get a stable price for quite some time. It will go up even further, then crash and oscillate for a month or two before stabilizing. Changing some for Litecoins
I wont buy till we get to a stable price (a month with a +/- 10% fulctuation price)
Yes, only hard to say how high it will go before correction. There is no reason to believe such high BTC/LTC is going to increase even more ! More likely BTC/LTC is going to drop
Not buying Bitcoins atm
Changing some for Litecoins
I wont buy till we get to a stable price (a month with a +/- 10% fulctuation price)
I like your idea, however it appears that we won't get a stable price for quite some time. It will go up even further, then crash and oscillate for a month or two before stabilizing. Changing some for Litecoins
I wont buy till we get to a stable price (a month with a +/- 10% fulctuation price)
Seems many buying Bitcoin now, regardless of the crash FUD last days.
Edwar, sounds like you dumped your coins early and being left out.
Are you trying to look for comfort? I can pad your back for 1 BTC.
Are you trying to look for comfort? I can pad your back for 1 BTC.
Not looking for comfort but honestly a stable price.
Since that time I have more fiat dollars and am in a position to invest some of it. May invest in some non-bitcoin investments that require bitcoin and don't want to take a loss when bitcoin comes crashing down.
How can anyone says that he wants stable price - not possible. Bitcoin logical limits are somewhere between $0 and $1M. Now tell me the right price that everyone will be comfortable buying and selling for months.
Exactly
major reason bitcoin got so popular was influx of speculators, who saw product with potentially unlimited demand and very, very inelastic supply. Volatility might get managable over time, but it is not going anywhere. It is part of what bitcoin is. 
Waiting for a drop means you might be forced to buy even at higher prices because I expect following weeks increased demand.
I'm telling my friends it is a good buy at less than <800.
BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
We may see $799 again. That sounds reasonable.
But what if the following happens? ---> what if we consolidate below $1000 for a day or two. Then we break out to $1050-$1100. Then we correct back to test $1000. Then we inch up slowly, then gain momentum and then eventually get to $1600 (10k CYN) and we
And what if from now on out we just have corrections instead of crashes? If this happens, we might not see $799 again. Because $799 is below the last consolidation point.
I'm telling my friends it is a good buy at less than <800.
BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
I WISH I had bought at the ATH in the 500s. I'm going to buy more TODAY, less than I'd like, and a week from now I will be reading about people who wish they had bought at $1000.BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
Waiting for a drop is a fool's game for b&h, and so is trying to play the market unless you are at least a 6-dan Memphisian oracle.
I'm telling my friends it is a good buy at less than <800.
BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
BTC will go down. But not a massive amount.
But buying anything at the All Time High is a bad idea. Socks, snacks, or Sexcoins, whatever.
I think people who buy now hold. The be aware that the price could fall down. Like the 266$ high in april. So they will say to themselves: "Ok, when I buy now, then I hold at least one year"
No. That was caused by very specific circumstances which are no longer present. Stop saying that. (yes the price could fall, for any number of reasons, but not "like back in april". its just dumb.) 
I think people who buy now hold. The be aware that the price could fall down. Like the 266$ high in april. So they will say to themselves: "Ok, when I buy now, then I hold at least one year"
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