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Topic: Is Now The Time To Buy? - page 4. (Read 9694 times)

sr. member
Activity: 299
Merit: 250
August 30, 2013, 06:15:58 AM
I'm holding some funds over gox/btce and still hesitate to buy. Some say the value is now overpriced when compared to low volumes traded. Trading volume is as low as when  it was below $30. But, it just keeps going up...

I would like to hold it for a long period of time and buy some shares. What would be the advice of a more experienced: hold on to BTC or invest in some shares?

I guess if someone wants to buy cheap shares it's now or never. Just take a look what's happening with labcoin after a simple tiny pic of a chip was published...
legendary
Activity: 2674
Merit: 3000
Terminated.
August 30, 2013, 06:05:15 AM
Any pre buble time is okay I guess.
legendary
Activity: 1008
Merit: 1001
Let the chips fall where they may.
August 30, 2013, 12:21:36 AM
While buy and hold has historically been a good strategy, I would encourage people to hold off if the price suddenly starts doubling every week. Even if the fundamentals are strong, you will get speculative over-shoot and the bubble will pop. This happened May of this year (2013), June 2011, and apparently November 2010.
full member
Activity: 188
Merit: 100
August 29, 2013, 11:42:17 PM
It's a great bet, IMHO. For 1 BTC, the most you can lose is about $120, but what you can gain is many times that. Even with 50/50 odds, I'd sure take that bet!
newbie
Activity: 16
Merit: 0
August 28, 2013, 10:28:38 AM
If you didn't bought at below $100 I think you missed the real opportunity to buy BTC. But I think BTC will rise more than $150, so you can buy now.
newbie
Activity: 16
Merit: 0
August 28, 2013, 10:11:12 AM
paypal will never implement bitcoin.
Bitcoin is the killer of paypal

Paypal will never implement bitcoin is right but killing paypal is not easy.
legendary
Activity: 2674
Merit: 3000
Terminated.
August 25, 2013, 03:47:14 PM
With this attitude expect going bankrupt very soon in the future.

Don't be so pessimistic.
You can't go bankrupt, except if the price go to 0. Tongue
Oh yes you can.
I'm talking overall, you can't go bitcoin bankrupt, wth.

If the price of BTC will go to 0, you will be probably not able to spend your BTC, so effectively bankrupt
Go bankrupt because your btc is worth nothing.
That's imposible, unless everything you own is in bitcoin.
member
Activity: 114
Merit: 10
August 25, 2013, 03:25:06 PM
With this attitude expect going bankrupt very soon in the future.

Don't be so pessimistic.
You can't go bankrupt, except if the price go to 0. Tongue
Oh yes you can.
I'm talking overall, you can't go bitcoin bankrupt, wth.

If the price of BTC will go to 0, you will be probably not able to spend your BTC, so effectively bankrupt
legendary
Activity: 2674
Merit: 3000
Terminated.
August 25, 2013, 03:07:55 PM
Depends how much % of your total wealth invested in BTC.
Btw I heard that you can expect some major rise in BTC value over next couple of weeks. Real weeks, not BFL weeks  Grin
Heard where?
newbie
Activity: 5
Merit: 0
August 25, 2013, 02:35:46 PM
Depends how much % of your total wealth invested in BTC.
Btw I heard that you can expect some major rise in BTC value over next couple of weeks. Real weeks, not BFL weeks  Grin
legendary
Activity: 2674
Merit: 3000
Terminated.
August 25, 2013, 01:52:27 PM
With this attitude expect going bankrupt very soon in the future.

Don't be so pessimistic.
You can't go bankrupt, except if the price go to 0. Tongue
Oh yes you can.
I'm talking overall, you can't go bitcoin bankrupt, wth.
sr. member
Activity: 350
Merit: 250
August 25, 2013, 01:46:46 PM
With this attitude expect going bankrupt very soon in the future.

Don't be so pessimistic.
You can't go bankrupt, except if the price go to 0. Tongue
legendary
Activity: 2674
Merit: 3000
Terminated.
August 25, 2013, 01:44:05 PM
It is always time to buy, the value of bitcoin will surely go up.
With this attitude expect going bankrupt very soon in the future.
full member
Activity: 252
Merit: 100
MARKETPLACE FOR PAID ADVICE LIVE BROADCASTS
August 25, 2013, 11:02:16 AM
It is always time to buy, the value of bitcoin will surely go up.


Surely?
You can never be sure...


But "likely" yes
legendary
Activity: 1302
Merit: 1007
August 25, 2013, 11:01:35 AM
It is always time to buy, the value of bitcoin will surely go up.
sr. member
Activity: 329
Merit: 250
August 25, 2013, 10:18:38 AM
Does the bitcoin price generally go up on increasing mining difficulty?  Huh

If yes, then I'm guessing the only way for bitcoin is up unless some political moves made by the government or banks blocks its way.

Hi,

It is generally thought that it is the other way round. A higher BTC price leads to higher hashrate.

Hashrate (difficulty) would drop if price stays at unprofitable levels and the expectations on future valuation are lowered. Not that we are anywhere near that yet because the new asics keep getting more power efficient.
sr. member
Activity: 251
Merit: 250
August 25, 2013, 06:37:00 AM
The recent drop to 60-70 is when you should have bought. You can buy now too, even if it goes down again, it will be back up.

Yeah, should have, could have, didn't. Sucks, but oh well! Smiley
legendary
Activity: 2674
Merit: 3000
Terminated.
August 25, 2013, 06:35:36 AM
The recent drop to 60-70 is when you should have bought. You can buy now too, even if it goes down again, it will be back up.
hero member
Activity: 952
Merit: 1000
August 25, 2013, 06:32:06 AM
If you aim holding for long time then anytime is good time to buy
b!z
legendary
Activity: 1582
Merit: 1010
August 25, 2013, 03:15:10 AM
Now is a good time to buy. Soon the price will be at 180-200 i believe.
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