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Topic: Now might be a bad time for newbies to buy BTC - page 3. (Read 4318 times)

newbie
Activity: 42
Merit: 0
BTC is what right now? $460-470 between that maybe? I think newbies should buy right now. We are approaching christmas and new year. Might be big on the first month of new year.
newbie
Activity: 2
Merit: 0
When it's falling is the right time to invest. When it's at all time highs is the wrong time to invest.

Be greedy when others are fearful. Be fearful when others are greedy.

Exactly, a lot of FUD on bitcointalk right now. I definitely think a lot of users are paid for FUD. Don't believe them and buy now, don't wait to have high prices to buy.
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
When it's falling is the right time to invest. When it's at all time highs is the wrong time to invest.

Be greedy when others are fearful. Be fearful when others are greedy.

This is the best advice.

That's a cliche though.  When the market is bearish it is good to get out.
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
When it's falling is the right time to invest. When it's at all time highs is the wrong time to invest.

Be greedy when others are fearful. Be fearful when others are greedy.

This is the best advice.
sr. member
Activity: 644
Merit: 260
There's no better time to buy bitcoins when the pain spreads among holders, just look at the charts of the last bubbles.
newbie
Activity: 28
Merit: 0
I tend to disagree, this is a great time to start buying btc if you have a long term orientation
The innovation rate has never been higher than it is now in the ecosystem
Long term, literally ANY time is good time to buy.
sr. member
Activity: 252
Merit: 250
I hope you do realize that moments of when bitcoin hit $1,000 was based on Mt. Gox hyping it up right lol.
hero member
Activity: 619
Merit: 500
I am a new comer and not much experienced on BTC. The chart seems to me very difficult to understand. Please help me.
It's easy to understand: it's bullshit

What are you talking about?  Notice the question mark after 3x Decrease?  Its a speculation that perhaps for the year 2014 that bitcoin will not have increased.

I already explained. You drew your black vertical lines in the wrong place. Try again with the black vertical lines on September 1 of each year. Then read calculate the increase for each year and you will get a much more accurate number

I understand since sept 1, even this year it will have gone up... but we will see in the next 3 months...  i highly doubt it will go up for the entire 2014.

In fact, if you draw the lines on every Sept as DannyHamilton suggested, you will need to wait for another 12 months to see if we have a "downward year". Tongue
hero member
Activity: 619
Merit: 500
you have to download the wallet through the coins official website. You'll need a separate wallet for each coin you need to store. In the event you’re just planning to trade them for other coins, you can store them around the exchange wallet associated with your account. Every coin has it own blockchain (don concern yourself with being aware of what a side chain is appropriate now while youll probably get confused in case your-centre new to everything at this time) every blockchain has addresses related to it that arent linked to other blockchains. This can be why you ought to have separate wallets to the addresses to the coins you’re storing in it.

What are you talking about here?
The whole thread is about speculation on bitcoin price. No one is asking about how to create a wallet for altcoins.
member
Activity: 70
Merit: 10
BTC/Doge
you have to download the wallet through the coins official website. You'll need a separate wallet for each coin you need to store. In the event you’re just planning to trade them for other coins, you can store them around the exchange wallet associated with your account. Every coin has it own blockchain (don concern yourself with being aware of what a side chain is appropriate now while youll probably get confused in case your-centre new to everything at this time) every blockchain has addresses related to it that arent linked to other blockchains. This can be why you ought to have separate wallets to the addresses to the coins you’re storing in it.
hero member
Activity: 490
Merit: 500
I tend to disagree, this is a great time to start buying btc if you have a long term orientation
The innovation rate has never been higher than it is now in the ecosystem
sr. member
Activity: 420
Merit: 250
When it's falling is the right time to invest. When it's at all time highs is the wrong time to invest.

Be greedy when others are fearful. Be fearful when others are greedy.
newbie
Activity: 14
Merit: 0
It is not the right time to invest on BTC for newbie. Price of BTC is continuously falling. So I think we need to take some times to invest on BTC.
sr. member
Activity: 476
Merit: 501
Again this topic?

Wait until the damage is done, to say the damage is done.

Last year the rally started in September.

legendary
Activity: 3472
Merit: 4801
sr. member
Activity: 1036
Merit: 275
this is the right time as the price is low.
sr. member
Activity: 406
Merit: 250
There is no way to tell what will happen with the price, we still have plenty of time left yet to see it go up if it is going to. I will admit if we see it go down again it may be cause for concern and may not be wise for newbies to buy in until we see even a slight rise after another drop.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
It's just a question of where you actually take the samples. Unlike Shannon or Nyquist already pointed out, sometimes you have to use a lower sample rate in order to recognize the real trend amongst all the noise...
hero member
Activity: 672
Merit: 508
LOTEO
There's still 3 months left till end of the year, it could go up  Smiley
hero member
Activity: 1022
Merit: 500
And it might be like that for years to come.  In fact, now might be a good time to short BTC.

This is the 1st year in which BTC has gone down.  And a new trend might be setting in.



We don't know yet if Bitcoin will be down in 2014 because there is still 3months to go before the end of the year
The way I see it the price has been resisting all year
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