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Topic: Now Everyone is buying - page 8. (Read 8602 times)

full member
Activity: 236
Merit: 100
July 11, 2016, 02:21:29 PM
#49
I do not understand why everyone is buying right now because the price is pretty high if you ask me. I will not buy now when the price is a bit lower then I think that I am going to buy some coins.

They are probably anticipating the price increase after halving.  Many investor speculated that Bitcoin price will probably double in price after halving thought the stats at this moment don't support that speculation.  News had been released so the poor soul guided by their greed jump in without doing any research Cheesy.  All they have is hope that speculation is right.

#

There is no price increase now. The price did double in the last 12 months. So the halving is already in the price.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
July 06, 2016, 11:51:52 AM
#48
I do not understand why everyone is buying right now because the price is pretty high if you ask me. I will not buy now when the price is a bit lower then I think that I am going to buy some coins.

They are probably anticipating the price increase after halving.  Many investor speculated that Bitcoin price will probably double in price after halving thought the stats at this moment don't support that speculation.  News had been released so the poor soul guided by their greed jump in without doing any research Cheesy.  All they have is hope that speculation is right.
sr. member
Activity: 350
Merit: 250
July 06, 2016, 11:01:58 AM
#47
Everyone is buying at the moment because they think that the price is going to go down after the halving but I am not sure if that is really going to happen.
I would not mind if the price is going to go to go down after the halving so that I can buy again.

I am buying too but little by little. Everybody things mass dumping begins with the halving, but I think the whales got a whole other play.
Therefore i am taking a risk of buying more coins.
sr. member
Activity: 756
Merit: 294
July 06, 2016, 10:56:14 AM
#46
On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

I am really hard in buy high , sell low between doge and btc. I also notice a drop of doge against btc which probably tell that people are now really in a buying btc mode. However, I still hold on to my doge sell open order price of 0.00000044 BTC per doge. I don't haste in selling my doge to 0.00000042 BTC even the near of halving - I just stick to my game plan if ever I get lucky, the doge price will increase 0.00000044 BTC in few hours or days before the halving, I will definitely profit a lot Smiley
sr. member
Activity: 434
Merit: 250
July 06, 2016, 10:27:48 AM
#45
Everyone is buying at the moment because they think that the price is going to go down after the halving but I am not sure if that is really going to happen.
I would not mind if the price is going to go to go down after the halving so that I can buy again.
sr. member
Activity: 448
Merit: 250
July 05, 2016, 09:46:30 AM
#44
At the moment not everybody is buying because the price at the moment is pretty high and not everybody can afford a price that high.
So if you cannot afford a price that high you should just wait for the price to drop again.
sr. member
Activity: 350
Merit: 250
June 07, 2016, 10:09:46 AM
#43
I do not understand why everyone is buying right now because the price is pretty high if you ask me. I will not buy now when the price is a bit lower then I think that I am going to buy some coins.
sr. member
Activity: 336
Merit: 250
June 07, 2016, 02:24:16 AM
#42
On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

Don't look at Yobit as it adds no value at all to the price. Put your focus on exchanges as Bitfinex which happen to be a major exchange.
I don't think that's entirely true.  I would think arbitrage keeps bitcoin at least fairly consistent across the exchanges.  No?  I do recall when Mt. Gox's price was so much higher than the others, but that was an exception because they were failing.  Not so with Yobit.
i dont think everybody is buying coins right now because the price of just one bitcoin is that big why would you buy one now. A little time ago he was around the 400 or lower that was the best time.
legendary
Activity: 3472
Merit: 10611
June 07, 2016, 02:20:42 AM
#41
On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

although both your resource and your reasoning are wrong but you are making a correct point. and it has always been like this. when the price starts moving up everybody who were not thinking about the future starts to panic and feel like missing out so they start buying.
sr. member
Activity: 364
Merit: 250
June 07, 2016, 02:08:02 AM
#40
People are buying now because they know that it will be now possible to earn some profit in the future and that is because they see now that the value is starting to rise.
And that is also nice for the people who is already waiting for a higher value so that is really nice.
member
Activity: 76
Merit: 10
June 06, 2016, 12:49:36 PM
#39
people buy always in is too late, buying at 230 was the correct decision
When the price hits $1000 you will say buyin @ 580 was the correct decision  Wink
legendary
Activity: 2492
Merit: 1001
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June 06, 2016, 12:33:16 PM
#38
People are buying indeed and that is because they can see now that the value of Bitcoin started to rich which that would be perfect for the people with already Bitcoin.
The most people are also hoping that the value will be much higher soon because it was stable for a long time already.
the effect of this price increase to make everyone buy bitcoin, the hope that prices still rose to a high bitcoin. but some people may buy bitcoin only for trade or the other. but this is a very good thing
member
Activity: 77
Merit: 10
June 06, 2016, 11:23:05 AM
#37
People are buying indeed and that is because they can see now that the value of Bitcoin started to rich which that would be perfect for the people with already Bitcoin.
The most people are also hoping that the value will be much higher soon because it was stable for a long time already.
legendary
Activity: 938
Merit: 1000
June 04, 2016, 11:29:07 PM
#36
I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.
What if this current BTC price is new stable price and it is only beginning to rise in anticipation of halving?
Imagine that you buy it now for $570 and in a week price will reach $800 or more... there is even a possibility that bitcoin will reach new ATH soon.

I prefer to focus on reaching $600 first, and then $700, and then $800, etc etc. I don't look or think at prices of +$1000 or a new ATH while we are not even close to such prices.

Yes, It is better small increments but that can be maintained rather than sudden changes in the price.
legendary
Activity: 1232
Merit: 1091
June 04, 2016, 04:54:50 PM
#35
I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.
What if this current BTC price is new stable price and it is only beginning to rise in anticipation of halving?
Imagine that you buy it now for $570 and in a week price will reach $800 or more... there is even a possibility that bitcoin will reach new ATH soon.

I prefer to focus on reaching $600 first, and then $700, and then $800, etc etc. I don't look or think at prices of +$1000 or a new ATH while we are not even close to such prices.
legendary
Activity: 1526
Merit: 1001
June 04, 2016, 04:46:59 PM
#34
On yobit exchange I am seeing that there is a long list of buy and after 20 to 30 buy I am seeing one sell,

I think now everyone has been started to buy bitcoin , I think the same will be on all other exchanges also!!

I have spend lots of time trading there and what i saw there are that people buy small amount there (depends on which coins) but on the midnight there are lots of pumps and dumps. You can see LSK has 400BTC+ volume trade within 24 hours.
sr. member
Activity: 406
Merit: 250
June 04, 2016, 03:49:17 PM
#33
I am getting a bunch of new customers through localbitcoins, more so than in any period in the last 2 years.  There is definitely more and more people learning about it and wanting in.

I recently bought through localbitcoins for the first time and it happened pretty quickly.
If new people are flooding in, then it will be an exciting year.  Smiley

That's the way it is happening.
People can buy bitcons buy bank but also by cash. Something which is not possible with paypal. And it shows me that if there is a big community everybody can contribute and this will help bitcoin innovating.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
June 04, 2016, 02:05:43 PM
#32
I am getting a bunch of new customers through localbitcoins, more so than in any period in the last 2 years.  There is definitely more and more people learning about it and wanting in.

I recently bought through localbitcoins for the first time and it happened pretty quickly.
If new people are flooding in, then it will be an exciting year.  Smiley
newbie
Activity: 42
Merit: 0
June 04, 2016, 02:02:51 PM
#31
I don't want to buy bitcoin right now because of the recent run up in price. I prefer to buy when the price comes back down a little.

risky, the price might not come down at all, you might miss out.
And that's why I never pass up a lotto stand without buying a ticket Roll Eyes
Bitcoin is not the only asset; plenty of fish in the sea.

maybe by next month the price will be $5000 and you'll be 10 times worse off.
No. He'd be exactly where he is now. Random_person being x10 "better off" doesn't make you x10 "worse off."

Everyone is talking about missing trains/boats/rockets. Fun Fact: There's more than one train/boat/rocket, most going to far better places than the dead gray ball of dust/rocks called Moon.

it is the best performing asset, and has been for every year since its inception except for 2014.

and this is just the start.
Lol no.
ETH price went up more than TENFOLD, 1,000% (one thousand percent Shocked) this year alone, and has been going up for every year since its inception except for 2014 no fricking excuses or exceptions.

Don't mean to drop so much reality on you all at once, but somebody's gotta do it Cheesy
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
June 04, 2016, 01:50:58 PM
#30
Buying now is such a big contribution on price marking up.more investors the more it will rise .
I'm also buying and holding bitcoins for the mean time .as much as possible i don't spend if its not emergency .
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