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Topic: Is it a good idea to buy Bitcoin now at $29? - page 7. (Read 10662 times)

legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 20, 2013, 12:05:09 PM
#19
Attention do not disturb.

hero member
Activity: 530
Merit: 500
February 20, 2013, 11:47:41 AM
#18
It will hit the news for sure if price goes higher then the alltime high ($31.91) wich will trigger a new rally.
legendary
Activity: 2324
Merit: 1125
February 20, 2013, 11:41:58 AM
#17
Long term it will go either to 0$ or to 10000$ (maybe a few more zeroes). If this indeed is the case then buying at 26$ or 31$ or whatever other 2 digit number does not make that much difference really.


Actually, the more it goes up, the bigger the influence of purchase price on ROI.
hero member
Activity: 812
Merit: 1001
-
February 20, 2013, 11:38:02 AM
#16
Long term it will go either to 0$ or to 10000$ (maybe a few more zeroes). If this indeed is the case then buying at 26$ or 31$ or whatever other 2 digit number does not make that much difference really.
legendary
Activity: 1036
Merit: 1002
February 20, 2013, 11:35:45 AM
#15
Any opinions?

Well, buying something when it's close to a price record years after it first gained public attention... ya, it can do profit, who knows the future. But whatever the profit, the speculator already admits screwing up by a huge factor and using horrible timing.

Let's just say it doesn't classify as an expert move.
hero member
Activity: 518
Merit: 500
February 20, 2013, 11:32:08 AM
#14
So you're pretty much not saying anything lol

Welcome to the Speculation sub-forum!
member
Activity: 79
Merit: 10
February 20, 2013, 11:26:46 AM
#13
I honestly do not know. It might be, and then again it might be a moderately bad idea.

If you're buying them as a novelty and not investing heavily into BTC, then go ahead. If you're thinking of allocating your life savings into them, then do it if you want to take the risk.  You need to do your own due diligence.

I doubt that we'll go significantly below $10 unless the whole Bitcoin network fails. And I think we'll see much higher prices before correction. But I can't guarantee we won't be in the $10 to $20 range for an extended time after the current rally is over. On the other hand, I can't guarantee we'll see prices below $30 after this week, either.

So you're pretty much not saying anything lol
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 20, 2013, 11:22:59 AM
#12
I am buying. My guess is that the real rally begins at $32.
hero member
Activity: 518
Merit: 500
February 20, 2013, 11:21:10 AM
#11
Always buy!

I mean, don't go crazy and take out a third mortgage on your house to acquire more, but you know, be reasonable. 
hero member
Activity: 501
Merit: 500
February 20, 2013, 09:19:56 AM
#10
I honestly do not know. It might be, and then again it might be a moderately bad idea.

If you're buying them as a novelty and not investing heavily into BTC, then go ahead. If you're thinking of allocating your life savings into them, then do it if you want to take the risk.  You need to do your own due diligence.

I doubt that we'll go significantly below $10 unless the whole Bitcoin network fails. And I think we'll see much higher prices before correction. But I can't guarantee we won't be in the $10 to $20 range for an extended time after the current rally is over. On the other hand, I can't guarantee we'll see prices below $30 after this week, either.

What do you think prices will be after the correction? $15?

I have no idea. Somewhere between $10 and $40, I guess.
b!z
legendary
Activity: 1582
Merit: 1010
February 20, 2013, 09:15:34 AM
#9
I honestly do not know. It might be, and then again it might be a moderately bad idea.

If you're buying them as a novelty and not investing heavily into BTC, then go ahead. If you're thinking of allocating your life savings into them, then do it if you want to take the risk.  You need to do your own due diligence.

I doubt that we'll go significantly below $10 unless the whole Bitcoin network fails. And I think we'll see much higher prices before correction. But I can't guarantee we won't be in the $10 to $20 range for an extended time after the current rally is over. On the other hand, I can't guarantee we'll see prices below $30 after this week, either.

What do you think prices will be after the correction?
legendary
Activity: 1022
Merit: 1000
February 20, 2013, 09:12:20 AM
#8
If you have to, buy at 30.1$. There is a chance this psychological barrier will stop the rally.
hero member
Activity: 501
Merit: 500
February 20, 2013, 09:00:46 AM
#7
I honestly do not know. It might be, and then again it might be a moderately bad idea.

If you're buying them as a novelty and not investing heavily into BTC, then go ahead. If you're thinking of allocating your life savings into them, then do it if you want to take the risk.  You need to do your own due diligence.

I doubt that we'll go significantly below $10 unless the whole Bitcoin network fails. And I think we'll see much higher prices before correction. But I can't guarantee we won't be in the $10 to $20 range for an extended time after the current rally is over. On the other hand, I can't guarantee we'll see prices below $30 after this week, either.
hero member
Activity: 540
Merit: 500
COINDER
February 20, 2013, 08:59:26 AM
#6
If your "fiat" just hanging around your bankaccount sleeping and you could mis some just buy ...enjoy the risk you take... And feel you are alive when the market keeps asking for your btc...nobody wants your fiat in the future,,,, Wink
sr. member
Activity: 504
Merit: 250
February 20, 2013, 08:50:00 AM
#5
Do you regret buying a gold necklace for your girlfriend today when you could have bought one in the 80'ies at 25% the price?
member
Activity: 89
Merit: 13
February 20, 2013, 08:49:20 AM
#4
I am not sure if I want to sell anymore for awhile but it is a good question, when will it stop or pull back for the time being.
My first time of having fiat to exchange for BTC was about this price in 2011, I believe it will go higher over time.
b!z
legendary
Activity: 1582
Merit: 1010
February 20, 2013, 08:49:14 AM
#3
These are cheap bitcoin.

I mean at $29.40 or whatever. Any ideas?
legendary
Activity: 2478
Merit: 1362
February 20, 2013, 08:46:59 AM
#2
These are cheap bitcoins.
b!z
legendary
Activity: 1582
Merit: 1010
February 20, 2013, 08:43:37 AM
#1
Any opinions?
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