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Topic: Is Anyone Buying Bitcoins? - page 3. (Read 6467 times)

hero member
Activity: 658
Merit: 500
November 26, 2013, 04:22:09 AM
#33


Wow this thread shows ppl still set their mind of one whole coin....

You ppl know you dont have to buy one coin right?

LOL you know eventually btc will be over $10k right? Who would buy one coin? I'm sure ppl will buy mBTC
hero member
Activity: 528
Merit: 527
November 26, 2013, 04:15:01 AM
#32
Every once in a while, I will buy another small fraction (.05) on coinbase. But I am done investing any major money now. I am bullish, but feel the speculators are really ahead of the infrastructure right now.
hero member
Activity: 602
Merit: 500
November 26, 2013, 03:53:44 AM
#31
I just won't buy at these high prices. I can't see how anyone can honestly go out and buy at $800 right now.

legendary
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
November 26, 2013, 03:49:35 AM
#30
i'm out, this price requires bigger players
legendary
Activity: 2156
Merit: 1070
November 26, 2013, 03:15:23 AM
#29
I actually bought 36 btc last hour for about 810. I consider myself bear in long term, however... this bubble is not yet over.

Wow there are still long-term bitcoin bears alive? Rare specie Smiley

There are plenty of bulls wearing bear costumes running around praying for a dip. But they're not really bears. I'd love a dip too, but I hate wearing costumes.
legendary
Activity: 1176
Merit: 1010
Borsche
November 26, 2013, 02:54:08 AM
#28
I actually bought 36 btc last hour for about 810. I consider myself bear in long term, however... this bubble is not yet over.

Wow there are still long-term bitcoin bears alive? Rare specie Smiley
newbie
Activity: 56
Merit: 0
November 26, 2013, 12:43:43 AM
#27
I put in $1000 (all I could afford) at current prices for 1.25 total coins couple days ago.

I was bearish the whole way up from $200 to $800 and only made about $100 off 3 coins I got at $200 around october 15th. sold them at 205 after the 150 mini crash a couple days later, then was in disbelief that the price would keep going up. Bought 2 more coins at 400, sold at 415 thinking it was gonna crash. Bought a coin at 500, sold at 515 thinking it was gonna crash.

Now my few coins are in paper wallet where I can't panic like that anymore, I got hurt so bad trying to day trade

edit: I still made money on the way up so at least I didn't do as bad as that kid on reddit losing his family inheritance, still, lost out on the opportunity of this huge run up

edit2: been sitting on a 5970 graphics card since 2011, came across bitcoin when my graphics card fried and was looking how to repair it. Thought nothing of it.

edit3: grandma asked me about bitcoins in January 2013 and I told her it was probably nothing. she passed away in March and then we all know what happen in april!

hindsight is a bitch!
hero member
Activity: 924
Merit: 1001
November 25, 2013, 11:58:50 PM
#26
But to me this is as much about managing risk as going balls-in.
Yep.  Go big or go home.
Invest everything you're willing to completely lose.
All or nothing.
Fuck mediocrity.  
That's how I approached Bitcoin in June.
I was sick of my money sitting on eTrade doing absolutely nothing for months, and months, and months, and months, and months ....
One goes up ... three others go down, cancelling it out.  It was the most frustrating bullshit on earth.
Im not a stock guy.  I'd rather put all my money into a mildly aggressive SEP IRA fund with 80% stock holdings, just keep depositing to it, and not watch the balance.
I eventually like what i see every time I do check its progress.
Then came Bitcoin and I went balls-in ....
hero member
Activity: 910
Merit: 501
November 25, 2013, 11:58:28 PM
#25
I am converting LTC to BTC now that the rate has jumped 20%...but as for exchanging fiat for BTC?  No, not at these prices.
newbie
Activity: 28
Merit: 0
November 25, 2013, 11:22:41 PM
#24
FYI
inputs.io, bips, the australian and the czech exchange just got hacked,
that's 3 cases totaling around 9000btc in less than 2 weeks.
i would not risk buying at this prices even if it rises to 1000 or more
just look at the charts...

Thats why the public will embrace btc it is very safe ...
sr. member
Activity: 448
Merit: 250
November 25, 2013, 11:09:41 PM
#23
I'm planning on buying more in a week, whatever the price is.

Reason: Nothing to do with fundamentals or predictions. It's just that CampBX will be accepting ACH starting Wednesday and I can't be arsed to mail a check or a money order before then.

In fact, I've never really thought about fundamentals, predictions, time to buy, current market conditions, etc, I've just been buying bitcoins steadily and regularly in small amounts for over a year. And I've been very successful doing it this way. I don't buy in huge chunks because then I'd have to worry about whether it was a "good time to buy" or shit like that.

Some people lose money when they think too much. I have a few friends who had been holding out since $100 "waiting for a dip." One bought in at $250 and one bought in at $600. What a dumb strategy. Wait till price rises higher to buy. If they were too worried to buy all-in at $100, they could have bought in with 10% of of their fiat at a time every week and they'd make much more than they would by waiting a month.
member
Activity: 75
Merit: 10
November 25, 2013, 11:00:49 PM
#22
Pretty happy buyer at the moment despite the prices. I'm not putting all too much in, but I don't expect to have a fortune in this currency at the moment.
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
November 25, 2013, 10:55:05 PM
#21
We could go up to somewhere above $1000, but I don't see this as a high potential upside right now. Bitcoin is a risky investment, and at this point in time I don't see the rewards being consummate with the risk. There's a real risk we're on the verge of mass hysteria and subsequent bag-holding. Another bubble could be a long time in the coming if so.

Fine to hold, but eventually holders will become impatient and want to increase their stash. They do this by dumping.

Might make sense to buy a little all the way down, but it's less risky to wait for the bottom to be in and buy on the next upswing -- it will probably be cheaper.

Christmas isn't traditionally a strong buying season, so the bottom may come early next year sometime.

Of course, I could be totally wrong. But to me this is as much about managing risk as going balls-in.
legendary
Activity: 1246
Merit: 1010
November 25, 2013, 10:52:24 PM
#20
somebody must be buying.  No demand for BTC loans on bitfinex, lots of demand for USD.
full member
Activity: 181
Merit: 100
November 25, 2013, 10:49:30 PM
#19
It grows on blockchains.
legendary
Activity: 1148
Merit: 1001
November 25, 2013, 10:43:10 PM
#18
Unfortunately, Yes.  We bought one over $800.  It is really painful buying them now I might add.  We have bought some at various stages since April but had no money in the Summer due to an amazing vacation (that I do not regret because the kids will only be young and able to enjoy trips with us for a short window of time) but that said, the hardest part about Bitcoin is that it still takes fiat invested (even for the miners) to get BTC.  BTC does not grow on trees people!  Grin
legendary
Activity: 1806
Merit: 1521
November 25, 2013, 10:39:31 PM
#17
Nope,  Im good right now. I bought some at around $200, and have just been accumulating some free money right now.  We'll see how long that keeps going for!
hero member
Activity: 840
Merit: 1000
November 25, 2013, 10:38:10 PM
#16
No. Too expensive right now in my opinion, not saying BTC isn't worth over $800 but I never buy when prices are near an all-time high. Plus I'm quite certain the price will go down to $500-600 range again at some point.
hero member
Activity: 490
Merit: 500
November 25, 2013, 10:17:58 PM
#15
Yep, they are still very very cheap if you are a believer...
sr. member
Activity: 433
Merit: 250
November 25, 2013, 10:11:16 PM
#14
I bought in in April 2013 at $60-65 each and am still holding.

However, I recently purchased more on top of what I already have. I bought in at $777 with $6600.

I am either very stupid buying during the peaks and about to crash, that or a smart move and we are about to head to $1200 and new territories.

Either way, I am holding to the end until 2018.

For me, it is do or die. I could have cashed out my $60 coin investments and sold at $900 making over $20,000 + the Litecoins I've mined since the beginning. But I didn't. I believe in this.

Ideas are bullet proof.
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