Market's on minimum, time to buy? | Bitcointalksearch.org

selardkinley

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Quote from: WinslowIII on November 18, 2018, 07:25:50 PM

Quote from: cluit on November 18, 2018, 01:23:23 PM

I still think it is a better shot at getting ethereum than bitcoin. Ethereum can go 5 times higher than this and people wouldn't be shocked. Right now it is under 200 dollars and it can reach the 1000 dollar mark and we wouldn't be even at the all time high prices.

We need to go like 10 times higher than current price to break the all time high prices. However, in bitcoin even a 4 times higher than this would mean a all time high and 10 times than this price would mean over 50 thousand dollars which is more than double what the all time high price is. That is why I honestly believe that ethereum has a bigger chance of making you a lot of profit because it is both a great coin and has a lot of uses and many companies started to use its blockchain and also it is incredibly cheap right now.

Eth was a one trick pony with it's ico shitcoin scams that nobody buys anymore, and for damn good reason. Fuck eth, it's heading out of the top 10 just a matter of time.

Hahaha it seems you have some bad memories attached with eth. Buddy its okay if you aren’t making good money from some coin but don’t say shit words for it later. It can harm the image of this coin.

tradjecide

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Quote from: randythered on November 17, 2018, 07:20:38 AM

Quote from: WinslowIII on November 16, 2018, 02:22:34 PM

Quote from: randythered on November 16, 2018, 02:17:09 PM

Quote from: xIIImaL on November 15, 2018, 06:36:48 PM

Quote from: bitcoin31 on November 15, 2018, 04:43:42 PM

I hope the price for this now is the minimum and not to dump more.

It is not a minimum value in Bitcoin because we see this was reach 5k USD in this year but it is maintain a more than 5.5k USD.and again market is stay in a same level so it is waiting for quick jump in crypto market. Because crypto hunters are buying more Bitcoin in current traffic so everyone earn some profit in future.

Bitcoin hasn't reached 5k this year, it's not been lower than 5400 which was in the last days. The market was steady for the last 3 months and everyone said that meant it would be bullish soon, that was proven to be wrong. Why would this time be any different?

Bitstamp bottom was $5199, so yes it's been lower than 5400.
Bitcoin is a great store of value, but only if you time it right. Isn't that a contradiction?

That's only one exchange, I take your point but I was referencing the overall weighted market average. I didn't actually know it went as low as that on bitstamp.

That's almost an oxymoron, something being a great store of value should not really depend at all on when you invest, at least by definition.

The prices are low. Don’t wait for the next day and the next one and next just for the deceasing of price. You might not be seeing further low price tomorrow. This is golden time and any day bitcoin can start its upright travel.

Cocesstraable

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Quote from: xIIImaL on November 15, 2018, 06:36:48 PM

Quote from: bitcoin31 on November 15, 2018, 04:43:42 PM

I hope the price for this now is the minimum and not to dump more.

It is not a minimum value in Bitcoin because we see this was reach 5k USD in this year but it is maintain a more than 5.5k USD.and again market is stay in a same level so it is waiting for quick jump in crypto market. Because crypto hunters are buying more Bitcoin in current traffic so everyone earn some profit in future.

Well we can’t assume the downstream value of bitcoin. This year, it is the lowest price at five thousand and some hundreds. But be hopeful for a bright future ahead. Keep yourself updated.

Cryptodiscuss

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Quote from: WinslowIII on November 18, 2018, 07:25:50 PM

Quote from: cluit on November 18, 2018, 01:23:23 PM

I still think it is a better shot at getting ethereum than bitcoin. Ethereum can go 5 times higher than this and people wouldn't be shocked. Right now it is under 200 dollars and it can reach the 1000 dollar mark and we wouldn't be even at the all time high prices.

We need to go like 10 times higher than current price to break the all time high prices. However, in bitcoin even a 4 times higher than this would mean a all time high and 10 times than this price would mean over 50 thousand dollars which is more than double what the all time high price is. That is why I honestly believe that ethereum has a bigger chance of making you a lot of profit because it is both a great coin and has a lot of uses and many companies started to use its blockchain and also it is incredibly cheap right now.

Eth was a one trick pony with it's ico shitcoin scams that nobody buys anymore, and for damn good reason. Fuck eth, it's heading out of the top 10 just a matter of time.

@WinslowIII I dont think you know what you are talking about at all. With their new developments price could easy skyrocket! And I believe that they have most active team in whole crypto world!

WinslowIII

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Quote from: cluit on November 18, 2018, 01:23:23 PM

I still think it is a better shot at getting ethereum than bitcoin. Ethereum can go 5 times higher than this and people wouldn't be shocked. Right now it is under 200 dollars and it can reach the 1000 dollar mark and we wouldn't be even at the all time high prices.

We need to go like 10 times higher than current price to break the all time high prices. However, in bitcoin even a 4 times higher than this would mean a all time high and 10 times than this price would mean over 50 thousand dollars which is more than double what the all time high price is. That is why I honestly believe that ethereum has a bigger chance of making you a lot of profit because it is both a great coin and has a lot of uses and many companies started to use its blockchain and also it is incredibly cheap right now.

Eth was a one trick pony with it's ico shitcoin scams that nobody buys anymore, and for damn good reason. Fuck eth, it's heading out of the top 10 just a matter of time.

Dilerium90

full member

Activity: 756

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I do not think that the market is at the bottom and in general, I do not advise anyone to wait for the bottom in order to buy. Just follow the trend and you will always win. It makes no sense to wait for the most extreme point to enter.

minersday

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Activity: 1484

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Quote from: Vishnu.Reang on November 17, 2018, 09:45:40 PM

If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

At least, that is what most of the people is doing at the moment, this is an accumulation time, and i think that we all should keep buying more and more bitcoins

The market is pretty unstable, but i am sure in that it will recover at some point

cluit

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I still think it is a better shot at getting ethereum than bitcoin. Ethereum can go 5 times higher than this and people wouldn't be shocked. Right now it is under 200 dollars and it can reach the 1000 dollar mark and we wouldn't be even at the all time high prices.

We need to go like 10 times higher than current price to break the all time high prices. However, in bitcoin even a 4 times higher than this would mean a all time high and 10 times than this price would mean over 50 thousand dollars which is more than double what the all time high price is. That is why I honestly believe that ethereum has a bigger chance of making you a lot of profit because it is both a great coin and has a lot of uses and many companies started to use its blockchain and also it is incredibly cheap right now.

randythered

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Activity: 434

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Quote from: btc_angela on November 17, 2018, 09:50:06 PM

Quote from: Vishnu.Reang on November 17, 2018, 09:45:40 PM

If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

It's really hard to see where the price could end up at this point. But if you wanted to be what they called a bag holder and long term holder then you don't have to be a rocket scientist. Just invest today and don't bother with the price for a year or two. But if you're going to short bitcoin then I say this is not the right time to do that trick.

Even if you're going to be a bag holder, finding the right entry point still makes a big difference. Say you're sure the price will be $10k by end of 2019. If you buy at $5k you make 100% profit, if you can time it and buy at $4k you make 150% profit, it's a big difference.

Herbert2020

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Quote from: gabmen on November 18, 2018, 01:14:04 AM

Quote from: btc_angela on November 17, 2018, 09:50:06 PM

Quote from: Vishnu.Reang on November 17, 2018, 09:45:40 PM

If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

It's really hard to see where the price could end up at this point. But if you wanted to be what they called a bag holder and long term holder then you don't have to be a rocket scientist. Just invest today and don't bother with the price for a year or two. But if you're going to short bitcoin then I say this is not the right time to do that trick.

And i don't think it's a good idea to short bitcoin anyways. Lots of people lost money trying to do that this year. And who knows if the price would still move down further. It's a risk. Buy now if you plan on making btc a long term investment.

like everything else shorting bitcoin can also be profitable only if done correctly.
for example if you short bitcoin just because some FUD said it is going to fall to $1500 then obviously that is not a good idea, in fact that is a very dumb idea!
but if shorting was performed during the bubble burst and the crash of earlier this year then it was a good idea because that was a real downtrend and you could take advantage to make some money to t hen buy back more bitcoin at the bottom.

right now is one of those times that people should focus on buying because this is below the buy support line!

gabmen

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Quote from: btc_angela on November 17, 2018, 09:50:06 PM

Quote from: Vishnu.Reang on November 17, 2018, 09:45:40 PM

If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

It's really hard to see where the price could end up at this point. But if you wanted to be what they called a bag holder and long term holder then you don't have to be a rocket scientist. Just invest today and don't bother with the price for a year or two. But if you're going to short bitcoin then I say this is not the right time to do that trick.

And i don't think it's a good idea to short bitcoin anyways. Lots of people lost money trying to do that this year. And who knows if the price would still move down further. It's a risk. Buy now if you plan on making btc a long term investment.

btc_angela

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Quote from: Vishnu.Reang on November 17, 2018, 09:45:40 PM

If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

It's really hard to see where the price could end up at this point. But if you wanted to be what they called a bag holder and long term holder then you don't have to be a rocket scientist. Just invest today and don't bother with the price for a year or two. But if you're going to short bitcoin then I say this is not the right time to do that trick.

Vishnu.Reang

sr. member

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If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.

Inkdatar

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The price of bitcoin is really surprising that many of us users thought it would not go lower. But recently, price declining again so we should expects the market could go down again this time. We don’t know if this is the bottom so let us be ready on the next move in the market. Buy some for those who can take the opportunity at this time.

BitHodler

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Quote from: bitbunnny on November 17, 2018, 03:15:03 PM

Well, I agree that Bitcoin price will not go lower than 5000$ this year and if you have some extra funds it's good opportunity for buying.

There is no way to know if we found the bottom already. People wrongly assumed that the previous support level would hold strong because of the base mining cost, but that turned out to be based on nothing but empty hope.

Mining cost is different for each miner, and isn't anywhere near $6000 for the largest farms, and will likely only reduce with how they work towards their own ways of generating energy, and then we have more efficient hardware.

My word to the everyone else is to remain conservative and don't take support levels for granted. Crypto currencies (even Bitcoin) can fall way below the levels you think are insanely low already. Expect the unexpected.

bitbunnny

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Well, I agree that Bitcoin price will not go lower than 5000$ this year and if you have some extra funds it's good opportunity for buying.
Despite many expectations that the end of the year will bring us price pump just the opposite happened but still I don't think this is a bad thing. The price will not sink deeper, we still can call this only correction and if you buy more now you will have good start position for the begininig of the next year when price might start to rise again.

suzanne5223

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Quote from: iTradeBit on November 15, 2018, 08:24:25 AM

On Wednesday (November 14, 2018), Brian Kelly, founder and CEO of digital asset investment firm BKCM LLC, explained yesterday's "crypto market crisis" that led to double-digit percentage losses for most basic crypto-conversions, including Bitcoin, which dropped to $ 5,569, its the lowest price in a year.
But Brian Kelly suggests not to worry, saying that in his fund they used the moment to purchase. Do you agree with him?

Yes, I agreed with what the CEO of digital asset investment firm BKCM LLC said because this act of cause panic in the crypto market so that the whales can later buy at the bottom was the strategy played most the whales from the early days of bitcoin but the hurt side of it is that the new investors are those that are set as prey.

Ewinsane

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I don't know anymore. I have bought a lot during the 6 thousand era in this past 5 months and I wouldn't change any of it, I still trust that price but if you ask me we still don't know how long this war will be. There was this twitter address like whalealerts or something and it showed there was so much money moving around in the past 48 hours.

I do not mean so much money compared to what regular people do, I mean literally so much money for even whales. I have seen 30 thousand bitcoin moving from one place to another, we are talking about 30 thousand bitcoins, that is literally over 150 million dollars at any given price. If someone wants to cash that out to pay than we are literally screwed. Another 150+ million dollars cashed at bitcoin would really just destroy the whole price to a point it may take a long time to recover.

randythered

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Quote from: WinslowIII on November 16, 2018, 02:22:34 PM

Quote from: randythered on November 16, 2018, 02:17:09 PM

Quote from: xIIImaL on November 15, 2018, 06:36:48 PM

Quote from: bitcoin31 on November 15, 2018, 04:43:42 PM

I hope the price for this now is the minimum and not to dump more.

It is not a minimum value in Bitcoin because we see this was reach 5k USD in this year but it is maintain a more than 5.5k USD.and again market is stay in a same level so it is waiting for quick jump in crypto market. Because crypto hunters are buying more Bitcoin in current traffic so everyone earn some profit in future.

Bitcoin hasn't reached 5k this year, it's not been lower than 5400 which was in the last days. The market was steady for the last 3 months and everyone said that meant it would be bullish soon, that was proven to be wrong. Why would this time be any different?

Bitstamp bottom was $5199, so yes it's been lower than 5400.
Bitcoin is a great store of value, but only if you time it right. Isn't that a contradiction?

That's only one exchange, I take your point but I was referencing the overall weighted market average. I didn't actually know it went as low as that on bitstamp.

That's almost an oxymoron, something being a great store of value should not really depend at all on when you invest, at least by definition.

WinslowIII

member

Activity: 308

Merit: 35

Quote from: randythered on November 16, 2018, 02:17:09 PM

Quote from: xIIImaL on November 15, 2018, 06:36:48 PM

Quote from: bitcoin31 on November 15, 2018, 04:43:42 PM

I hope the price for this now is the minimum and not to dump more.

It is not a minimum value in Bitcoin because we see this was reach 5k USD in this year but it is maintain a more than 5.5k USD.and again market is stay in a same level so it is waiting for quick jump in crypto market. Because crypto hunters are buying more Bitcoin in current traffic so everyone earn some profit in future.

Bitcoin hasn't reached 5k this year, it's not been lower than 5400 which was in the last days. The market was steady for the last 3 months and everyone said that meant it would be bullish soon, that was proven to be wrong. Why would this time be any different?

Bitstamp bottom was $5199, so yes it's been lower than 5400.
Bitcoin is a great store of value, but only if you time it right. Isn't that a contradiction?

Topic: Market's on minimum, time to buy? (Read 630 times)