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Topic: People not buying 3XX like crazy will hate themselves in 6 months (Read 2989 times)

full member
Activity: 201
Merit: 102
The price is 460 dollars now. If you bought at $360 a few months ago, you are making 100 dollar profit.

Absolutely not Roll Eyes
You are making a 25% profit. And on those 25% you can take off the extremely numerous fees you gotta face. That be to buy btc in the first place or to get back to fiat.
It's not because btc is making a 100$ increase that you earn 100$...

If you hold the bitcoin from $360 and sell at $10360, then you will make almost $10,000 as long as you do not trade.
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
The price is 460 dollars now. If you bought at $360 a few months ago, you are making 100 dollar profit.

Absolutely not Roll Eyes
You are making a 25% profit. And on those 25% you can take off the extremely numerous fees you gotta face. That be to buy btc in the first place or to get back to fiat.
It's not because btc is making a 100$ increase that you earn 100$...
full member
Activity: 491
Merit: 100
#SWGT PRE-SALE IS LIVE
The price is 460 dollars now. If you bought at $360 a few months ago, you are making 100 dollar profit.
full member
Activity: 210
Merit: 100
Well it turns out OP was right. It was an easy guess tho, everyone that is skilled on Bitcoin and knows how to interpret the fundamentals, knows that we are on a turning point and the last few months were an absolute bargain. The fact that we had Bitcoin at 200-250 and people weren't buying as much as possible is just insane.
The reason more people weren't buying was because there wasn't a lot of confidence when it came down to whether or not to make the investment. I know this seems redundant, but there would be way more people buying if there was the same strength being shown now at the $250 range.

Well people should start buying bitcoins now even if the price is at ~$450. With the current small steady increase in value, it is to be expected that bitcoin value to probably be upto $500 by July.
legendary
Activity: 1218
Merit: 1007
Well it turns out OP was right. It was an easy guess tho, everyone that is skilled on Bitcoin and knows how to interpret the fundamentals, knows that we are on a turning point and the last few months were an absolute bargain. The fact that we had Bitcoin at 200-250 and people weren't buying as much as possible is just insane.
The reason more people weren't buying was because there wasn't a lot of confidence when it came down to whether or not to make the investment. I know this seems redundant, but there would be way more people buying if there was the same strength being shown now at the $250 range.
legendary
Activity: 1610
Merit: 1183
Well it turns out OP was right. It was an easy guess tho, everyone that is skilled on Bitcoin and knows how to interpret the fundamentals, knows that we are on a turning point and the last few months were an absolute bargain. The fact that we had Bitcoin at 200-250 and people weren't buying as much as possible is just insane.
legendary
Activity: 896
Merit: 1000
The halving is gona be an absoulute cracker buy now its a cert......... will hate to say i told you so..........  Grin

people have had enough time to buy sub $300 coins, but they kept asking should i buy or wait. same happened when the price was below $400. now don't let another great chance slip through your fingers because you are not making the decision to buy.
legendary
Activity: 966
Merit: 1042
The halving itself will not make the price higher alone. The bitcoin market will need more users and traders in order to go higher.
The situation is not clear at all so no one knows which one will regret after 6 momths , the buyer or the seller

Exactly. There are still, what, 15million bitcoin already produced so far? So it's a different situation every time the halving happens now, compared to the previous halving. It won't just double in price overnight because of the halving like some people are expecting.
hero member
Activity: 1106
Merit: 521
The halving is gona be an absoulute cracker buy now its a cert......... will hate to say i told you so..........  Grin
full member
Activity: 201
Merit: 102
When I was buying at $1200/BTC, this was exactly what I told myself...

Hold tight, long term youll get it back  Wink

The price will rise in medium term. It will be aroun d$1000 by the end of the year due to halving and other factors.

I would love to see that as a the new medium for pricing...

But I never have too much hope on things like this, esp when the rest is up to us to make up the difference in price by holding or buying more.

I mean its nice to see, dont get me wrong. But shouldnt be solely relied on halving alone..

The value of the bitcoin depends on its usefulness. If we can use it to buy things, then the price will rise.
full member
Activity: 168
Merit: 100
When I was buying at $1200/BTC, this was exactly what I told myself...

Hold tight, long term youll get it back  Wink

The price will rise in medium term. It will be aroun d$1000 by the end of the year due to halving and other factors.

I would love to see that as a the new medium for pricing...

But I never have too much hope on things like this, esp when the rest is up to us to make up the difference in price by holding or buying more.

I mean its nice to see, dont get me wrong. But shouldnt be solely relied on halving alone..
newbie
Activity: 52
Merit: 0
Although halving doesn't affect demand, it might affect temporary supply. I'm imagining a wealthy chinese mininer, doing around $100k in revenue per month/day/whatever. He's trading 50% of those mined BTCs into national, popular currency in order to pay bill, rents, employees, etc. After the halving, he either won't be able to keep any of those BTCs or he puts less of them up for sale.
Although demand remains unchainged, supply might see a sharp decline. (+20% in price during the 2 month following halving?)
legendary
Activity: 1526
Merit: 1179
When I was buying at $1200/BTC, this was exactly what I told myself...

Hold tight, long term youll get it back  Wink

The price will rise in medium term. It will be aroun d$1000 by the end of the year due to halving and other factors.
I wish it was as easy as you are describing. It doesn't work like that unfortunately.

We need to have ongoing genuine demand combined with a lot wealthy traders ready to buy up the price.

Just the block halving won't make the demand go up like crazy.

It requires time to build up demand as more and more people will start to adopt Bitcoin. It will take longer than a year.
full member
Activity: 201
Merit: 102
When I was buying at $1200/BTC, this was exactly what I told myself...

Hold tight, long term youll get it back  Wink

The price will rise in medium term. It will be aroun d$1000 by the end of the year due to halving and other factors.
hero member
Activity: 1106
Merit: 521
When I was buying at $1200/BTC, this was exactly what I told myself...

Hold tight, long term youll get it back  Wink
full member
Activity: 201
Merit: 102
Guys we are still in the lower $4XX it's not too late yet to jump on the action before the price starts to get pumped like crazy in the coming weeks. I think it won't matter if you have missed out on $20-$25 cheaper Bitcoins if the value is going to be doubled up in a couple of months down the line. But I strongly believe that whoever buys now will be in profit by the end of the year.

The bitcoin price from $400 to $420 is a good entry point for long term investors. I will buy some now.
legendary
Activity: 2604
Merit: 1036
Guys we are still in the lower $4XX it's not too late yet to jump on the action before the price starts to get pumped like crazy in the coming weeks. I think it won't matter if you have missed out on $20-$25 cheaper Bitcoins if the value is going to be doubled up in a couple of months down the line. But I strongly believe that whoever buys now will be in profit by the end of the year.
full member
Activity: 201
Merit: 102
Bitcoin is now more like symbol of good and profitable investment. This is wrong attitude and one day price
 rise will stop and many new investors will lose their nerves and the will start dumping.

If the bitcoin becomes a major currency, its price will rise in long term as the number of coins will reduce all the time.
hero member
Activity: 560
Merit: 500
Bitcoin is now more like symbol of good and profitable investment. This is wrong attitude and one day price
 rise will stop and many new investors will lose their nerves and the will start dumping.
hero member
Activity: 770
Merit: 500
people will soon start buying when they will see the reward halving is near and the price will start rising significantly as more and more people will jump in to make a lot of profits

im buying like crazy right now with all the money i have left from buying the stuff i really need, i hope my investments will pay off in the near future and i will make a lot of money
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