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Topic: Is now the best time for new people to invest? - page 4. (Read 2862 times)

full member
Activity: 131
Merit: 100
I don't think that mining BTC is still a option. It's to hard to mine right now.

If you have the mining hardware already, just mine and hold the coins for better times.
member
Activity: 84
Merit: 10
I don't think that mining BTC is still a option. It's to hard to mine right now.Maybe best thing is to buy them now and sell them later if the price goes up.
Maybe several months must pass by before price goes up, how knows.  Huh
legendary
Activity: 2436
Merit: 1561
Don't think anyone knows for sure is it a good time or not, it's all a guessing game. If by investing you mean buying BTC, not mining hardware - I'd say yes, it seems like a good time. I'll be surprised if btc doesnt bounce back to at least $800 in the next month or so.
member
Activity: 76
Merit: 10
I have just started mining altcoins but it's  already clear to me that BTC price is the main driving factor for them. I hope there will be another jump  in 2014  Cool
sr. member
Activity: 308
Merit: 253
I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.

You do the smart thing. How much goods were coming from China that you can buy for BTC ?

Exactly Bitpay and Gyft are still up so I don't see a problem
full member
Activity: 161
Merit: 100
I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.

You do the smart thing. How much goods were coming from China that you can buy for BTC ?

Most goods is from China. A lot of bad paid workers there
member
Activity: 84
Merit: 10
I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.

You do the smart thing. How much goods were coming from China that you can buy for BTC ?
sr. member
Activity: 308
Merit: 253
Can you use block eruptors on altcoins?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I always do the opposite of what the market is doing. When the price is skyrocketing I go shopping and spend bitcoin. When there is a crash I buy cheap coins from weak hands. I have done this each crash and it has been very profitable. It has allowed me to collect a lot of bitcoins and buy a lot of stuff. I have taken out 10x what I have put into bitcoin and never sold a bitcoin.
legendary
Activity: 994
Merit: 1002
What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?

China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. 

I don't understand why did they ban it, haven't they been making national reserves in bitcoin  Huh

No, China does not need national reserves in Bitcoin, Bitcoin market cap is small
member
Activity: 84
Merit: 10
Suppose it's all spinning about one thing. Profit is that thing. No matter is it BTC,LTC, $,Eu .... It's all about profit.
hero member
Activity: 798
Merit: 1000
Definitively good time to buy Bitcoins when prices crashed, not sure if this is bottom though.
sr. member
Activity: 308
Merit: 253
What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?

China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. 

I don't understand why did they ban it, haven't they been making national reserves in bitcoin  Huh

They want the price to go down

And all we have to do is make altcoins for the Chinese people If they can spend money on mining altcoins to buy bitcoins They can get back in all this
full member
Activity: 196
Merit: 101
What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?

China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. 

I don't understand why did they ban it, haven't they been making national reserves in bitcoin  Huh
member
Activity: 84
Merit: 10
What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?

China has banned the selling of any goods and services for BTC. They are huge economy and that has shaken the market of BTC. 
newbie
Activity: 12
Merit: 0
What caused the price of bitcoin to drop? I assume it will bounce back to 1k levels?
sr. member
Activity: 308
Merit: 253
It all depends if people will have goods to buy with BTC. IF not i think that BTC will going to fall more and more.

Gyft lets you buy anything on amazon with bitcoins
hero member
Activity: 546
Merit: 500
Carpe Diem
"Bull" and "bear" markets last a long time and have major corrections along the way.  It all depends whether you think there is a future here in BTC.  Yes, now is a BETTER time to buy than when it was at $1k!  But you can't tell the future.  Scale in bit by bit.
member
Activity: 68
Merit: 10
it may go to $700 soon again
full member
Activity: 196
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
btc will be $10k+ in 12 months



HAHAHAHAHAHAHAHAHAHAHA!!!

I can't.  My sides.

I'll be more than happy to eat crow if I'm wrong, but you, my friend, are delusional if you think that's a realistic expectation.
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