Topic: Is it a good idea to buy Bitcoin now at $29? - page 6. (Read 10729 times)

+1

The term "bag holders" will be applicable for those holding bags of fiat currency after "cashing out" their stash of 58 millibits at 432,512.36 USD/BTC.

evolve, you for some reason forget, again, that those "bag holders" from 2 years ago can now close their position at (almost) no loss if they so desire. 2 years is a medium term investment. And also, according to wikipedia, The term bagholder is an informal slang term used in U.S. financial markets to refer to the shareholders left holding shares of worthless stocks. Who is holding worthless anything here?

So, that just means that whatever you are saying is just completely wrong and makes zero sense. Think about it next time. Yeah, and I'm sorry you are not in on the ride, just don't post wrong information and we'll be kind to you. We need funny crash believers here.

if you want coins, just buy. you can do it in steps. dollar-cost-averaging

No, Its a terrible idea. Don't end up being a bag holder like those people that bought at $32, 2 years ago.

Don't just buy btc.. long btc.

Cheap coin indeed..

In an investment point of view, Going from 20 to 40 is the same as going from 2 to 4.

2013 will be a incredible year for bitcoin...

Buying a little quantity is always better than indicision.

http://www.youtube.com/watch?v=nvfqR0KQ6P8

Do you have a use for it straight away?
            /                                      \
          yes                                   no
the current price has                    \  
absolutly nothing to                     are you speculating?
do with your decision:                  /                          \  
BUY                                            yes                        no
                                                 /                                \
                        be an adult about it and do              are decentralisation and/or
                        what YOU consider is right.               privacy important to you?
                        Noone should take this decision              /                            \
                        from you!                                               no                            yes                                                              
                                                                                      /                                 \
                                                                          no action required        welcome to the future
                                                                                                                         BUY!


 

It's a good idea if you want make a short term profit.
It's bad in the medium term.
It's very very good in the long term.

I haven't said anything about 50.

i don't think so... failing to make a new all time high doesn't mean bitcoin is worth less then 2$, and going over the all time high doesn't mean bitcoin is worth more then 50$

the reason we so close to all time high is because of real growth, but this market cannot easily be shorted so the growth has lead to a bit of a bubble, its will pop... but it will not go crash and burn below 2$.... I think coming close to single digits will have everyone excited about buying cheap coins again.

yes.  buy all the btc.

Keep buying folks!!!  Tulip-mania revisited.

It's either >32 or <2.

The Rally will fail to make a new all time high,

As the price goes down, people will rush to get their Bitcoins out of their paper wallets and SELL SELL SELL. we will cut down to 18 like 8 million dollars was NOTHING!    after which a unstable year long down trend will bring us very close to 10$, the forum will be buzzing Cheep coins again.

Thanks for the good lolz

No way to tell. I'm continuing to hold the bitcoins I have though so I think things will continue to go up. But I am in for the long haul.

Right now, you could do worse than buy 3 or 4 at this price. The risk is low but if prices rise, you'll feel some benefit and get to be as smug as the rest of us