People not buying 3XX like crazy will hate themselves in 6 months - page 3.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: maku on February 26, 2016, 10:48:53 AM

Quote from: pitham1 on February 26, 2016, 10:34:50 AM

Quote from: Fademigo on February 25, 2016, 02:28:52 PM

Quote from: the_poet on February 25, 2016, 11:40:41 AM

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

In 6 months, the price will be at least $800. The block reward halving will raise the price quite a lot.

Nobody really knows what will happen after the halving. For all you know, the price rise from $2xx to $4xx could be in anticipation of the halving.
The halving effect could already be incorporated in the current price.

I am amused how people are convinced that price MUST go up after halving. Do you guys know that we had halvings before right?
And after none of them price skyrocketed, it was quite the opposite, we had price decline after previous bitcoin and litecoin halvings.

We have had one block reward halving. The price right now is definitely higher than what it was at the time of the last halving.
In general, there has been a trend upwards.

maku

legendary

Activity: 1288

Merit: 1000

Quote from: pitham1 on February 26, 2016, 10:34:50 AM

Quote from: Fademigo on February 25, 2016, 02:28:52 PM

Quote from: the_poet on February 25, 2016, 11:40:41 AM

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

In 6 months, the price will be at least $800. The block reward halving will raise the price quite a lot.

Nobody really knows what will happen after the halving. For all you know, the price rise from $2xx to $4xx could be in anticipation of the halving.
The halving effect could already be incorporated in the current price.

I am amused how people are convinced that price MUST go up after halving. Do you guys know that we had halvings before right?
And after none of them price skyrocketed, it was quite the opposite, we had price decline after previous bitcoin and litecoin halvings.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: Fademigo on February 25, 2016, 02:28:52 PM

Quote from: the_poet on February 25, 2016, 11:40:41 AM

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

In 6 months, the price will be at least $800. The block reward halving will raise the price quite a lot.

Nobody really knows what will happen after the halving. For all you know, the price rise from $2xx to $4xx could be in anticipation of the halving.
The halving effect could already be incorporated in the current price.

Fademigo

full member

Activity: 201

Merit: 102

Quote from: the_poet on February 25, 2016, 11:40:41 AM

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

In 6 months, the price will be at least $800. The block reward halving will raise the price quite a lot.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: the_poet on February 25, 2016, 11:40:41 AM

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

It is most likely going to increase beyond $420 over the next 6 months, but at the same time people were saying stuff like this around the time Mt.Gox was just about to go down, and we all know what happened to investments once that occurred...

Luckily there is no single exchange that holds a pseudo-monopoly like Mt. Gox, but we may never know if there is another pump going on.

the_poet

legendary

Activity: 1137

Merit: 1035

Bitcoin accepted here

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

You're still early if you want to buy. We are currently at $420, just a tad over $3xx. In 6 months we'll see a much higher price than that.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: Fademigo on February 24, 2016, 04:05:08 PM

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

Price is hovering around the $42x mark. It doesn't take much to push it to $3xx levels.
Just 5% decline - that happens routinely with Bitcoin.

Pitchblackroom

sr. member

Activity: 313

Merit: 250

Quote from: ingiltere on February 24, 2016, 05:53:03 PM

That's right, 300's were a good time to buy but 400's are good too. If you think about holding coins for long term it's still relatively cheaper. 1-2 months later we can say similar thing, People not buying 4XX like crazy will hate themselves in 6 months.

I think with the inflationary aspects of bitcoin, I think buying is always a great option (Unless its a huge pump)

ingiltere

legendary

Activity: 2982

Merit: 1485

That's right, 300's were a good time to buy but 400's are good too. If you think about holding coins for long term it's still relatively cheaper. 1-2 months later we can say similar thing, People not buying 4XX like crazy will hate themselves in 6 months.

arbitrage

hero member

Activity: 560

Merit: 500

I think now bitcoin will always be good a opportunity for buying. If you are willing to wait, you will definitely be rewarded in future. If something bad happened (damp) wait for a while and you'll be ok.

Fademigo

full member

Activity: 201

Merit: 102

I will regret in a few year's time that I did not buy crazily when the price was 3xx. We will not see that price in 6 months.

cpfreeplz

legendary

Activity: 966

Merit: 1042

Only buy as much as you're willing to risk

it's definitely not a sure thing that the price will go up (although it would make sense).

randy8777

legendary

Activity: 896

Merit: 1000

i totally agree with this. people will surely smash their heads against the wall for not buying when the price is approaching the $1000 price level at some point in the comming year(s). i have already bought enough coins below $400 so i can just sit back and relax watching the price go up.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: 7788bitcoin on February 03, 2016, 07:06:07 PM

When I was buying at $1200/BTC, this was exactly what I told myself...

Remember you bought on the way up.
It's hard to predict how high a price will rise when such a bubble starts to grow.
At the time you bought in this bubble was already pretty big.
Next time buy when price is down or moving sideways on a low level.
We where around the low 200s for a very long time and many people could have used this opportunity.
Now although we are back to 370s after being in the 400s this is still a gain of more than $100+.
Halving is coming closer and a price below 400 imo is pretty attractive.Therefore OP might have a point here.But in the end it's all speculation and in worst case scenario nothing will happen.

partysaurus

sr. member

Activity: 574

Merit: 251

hope the prices stays like this for awhile have no money to spend on btc :/ but realy want to buy 2 more at these prices. but it looks like it will stay like this for awhile its moving down a litle or going up a litle day by day. no huge swings.

target

legendary

Activity: 2282

Merit: 1041

was the issue of blocksize already exist before the price went up to $400+?
I'm thinking this issue was just brought to spread fear and make users sell their coins cheaper. and so they'd be celebrating for more profit in the next bubble.

SFR10

legendary

Activity: 2968

Merit: 3406

Crypto Swap Exchange

I'm also on the same ship as you but that's not the only problem here. Only few are long term investors base on what I've seen in the community therefor they only buy for a cause and then that's it. The other half are panic sellers and 1/4th are those who keep on manipulating it and the other left portion only are long term users which the outcome is majority will regret soon.

1Referee

legendary

Activity: 2170

Merit: 1427

If they are interested in long term growth, then buying at todays prices is probably the best investment you can make in years. People don't see that, they just keep staring at the price hoping it to go lower so they finally can buy. And the funny thing is..... Even if the price does go down, they will then wait again. Cheesy

#Clowns.

Amph

legendary

Activity: 3248

Merit: 1070

it's the same argument, about missing the cheap coin, many like you were advocating the same thign when we were at 2xx, and they were right, the next bubble will make them cry

and another new opportunity will emerge again at a new higher bottom which will become the new cheap target, but people will cry again because "price to high etc..."

The Sceptical Chymist

legendary

Activity: 3528

Merit: 7005

Top Crypto Casino

Quote from: mrhelpful on February 03, 2016, 06:52:13 PM

I`ll just take my chances, after the halving..

But I am buying though, just not the same as probably you or most others here. I`m buying in smaller amounts, only cause I cant afford the risk at the moment.

The whole halving story is just whatevers to me.

I think it's whatevers to a lot of people and that's why I think the halvening doesn't matter as far as the price is concerned. Everyone who has a vested interest in what's going to happen has already priced it in. You know, a bit of efficient market hypothesis...?

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