Topic: It hit 500! - page 2. (Read 5398 times)
Yeah hit it dude.
how unwise is it to take up a loan to buy some coins now?
What would you pay for a guaranteed share of possibly the biggest innovation since the internet itself? What are you risking? What's the reward?
Anyone thinking we'll be around $500 for a while?
Who doesn't? I think that with some luck, we will be able to get to at least $600.
Yeah hopefully Byt GL mate!
sub$500 looks unlikely - I think we're in for some sideways $500 action. Don't know how long that will last though (6 days?)
Anyone thinking we'll be around $500 for a while?
Who doesn't? I think that with some luck, we will be able to get to at least $600.
Anyone thinking we'll be around $500 for a while?
Anyone else notice that Thursdays seem to be action days for Bitcoin?
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
I heard that something about major buys or dumps on thursdays (of course its just hear-say) but lets see what happens tomorrow. my guess is same slow steady uptrend (might cross 500)
Love Thursdays
Isn't it wise to use debt to invest if you know you can pay it off if shit hits the fan? For example instead of selling one assets such as silver to buy btc, use debt to buy btc and now you have double the amount of assets working for you and if bitcoin fails then you sell your silver to pay off the debt and it's accumulated interest.
Considering the risk/reward ratio with bitcoin, i think it's a bet worth taking.
Considering the risk/reward ratio with bitcoin, i think it's a bet worth taking.
and if you have 0% to no interest loans then you can always rollover to another one and just pay the service costs
Isn't it wise to use debt to invest if you know you can pay it off if shit hits the fan? For example instead of selling one assets such as silver to buy btc, use debt to buy btc and now you have double the amount of assets working for you and if bitcoin fails then you sell your silver to pay off the debt and it's accumulated interest.
Considering the risk/reward ratio with bitcoin, i think it's a bet worth taking.
Considering the risk/reward ratio with bitcoin, i think it's a bet worth taking.
how unwise is it to take up a loan to buy some coins now?
It is always a bad time to use debt to invest, never do it.
I used to wonder why the same thing I bought the year prior was now raised (like a dollar or two). Minimum wage is always rising. I think it has to, just to keep the same value it once did.
how unwise is it to take up a loan to buy some coins now?
It is always a bad time to use debt to invest, never do it.
how unwise is it to take up a loan to buy some coins now?
It is always a bad time to use debt to invest, never do it.
huh?? the entire stock market run up since ZIRP was fueled by that practice
how unwise is it to take up a loan to buy some coins now?
It is always a bad time to use debt to invest, never do it.
If you have near-zero equity en low earning power but for some reason do have a significant credit line it can be beneficial to do this but only if you don't have ethical objetions to defaulting on your loan-suppler and declaring bankruptcy if things turn south (objections I personally would have).
how unwise is it to take up a loan to buy some coins now?
It is always a bad time to use debt to invest, never do it.
Anyone else notice that Thursdays seem to be action days for Bitcoin?
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
I heard that something about major buys or dumps on thursdays (of course its just hear-say) but lets see what happens tomorrow. my guess is same slow steady uptrend (might cross 500)
Anyone else notice that Thursdays seem to be action days for Bitcoin?
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
After yesterdays rally - We could be taken to $550 or massive dump back to $450 either way will be interesting
how unwise is it to take up a loan to buy some coins now?
If you mean get a fiat loan, thats fine if you think BTC will go up. If you mean get a BTC loan its only wise if you think BTC will go down.
how unwise is it to take up a loan to buy some coins now?
Depends on what you need it for. If you are going to change it to USD, I suggest you don't take a loan. You're a newbie anyway, you won't get a loan unless you have collateral.
With our brothers in China waking up from a long night's sleep, let's see if they can push the price over and above $500 a coin...
Hoboi and OKCoin already breached 3000 again (after going back under while stamp went under $500) so I think it's pretty likely. At least they closed the gap with stamp.
I dont understand, I though its a full ban for china? Why is hoboi and okcoin still active?
I do not think it was ever banned. I thought that they just basically crippled the relationship with banks, that worked with the exchanges (making it harder for yen to flow into the exchanges).
Those exchanges could probably get 3rd party deposits (similar to btc-e)
Is my thinking correct? or am I wrong somewhere?
I think that 3th part deposits were forbidden with the first chinese ban, back in 2013.
Sadly btc price hit the 500 wall like a ball thrown into a concrete wall:(
Hope he can climb that mark soon.
how unwise is it to take up a loan to buy some coins now?
Depends on what you need it for. If you are going to change it to USD, I suggest you don't take a loan. You're a newbie anyway, you won't get a loan unless you have collateral.
When someone bans something they just make it more popular, because it is shown in the news, tv, etc.. anyway china is not everything for bitcoin, there are many whale investors from other parts of the globe.
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