... price is $984 ..... FOMO[1] is kicking in. ...
i am just gonna bump this for fun
Topic: price went up, opportunity to buy cheap is now lost (Read 3873 times)
i am just gonna bump this for fun
as i am writing this price is $984 according to bitfinex and it seems like the opportunity to buy cheap coins with a big discount is now officially over.
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
I wouldn't be surprised if the price dropped again temporarily to under $1000. There are fluctuations in price all the time so it wouldn't be that unexpected. There will probably be opportunities to buy again.
Don't wait too long to buy at lower price as price may not go down now and it will keep on getting higher and higher so if you can hold your coins longer then you can even buy them at current price as it will surely give you profits in long term.
as i am writing this price is $984 according to bitfinex and it seems like the opportunity to buy cheap coins with a big discount is now officially over.
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
The people that missed on the bitcoin boat at early prices are always dreaming about getting in at cheaper prices, they always get good opportunities to buy cheaper but they are too greedy and those guys are the ones that will keep missing the boat until we are $100,000 per coin and beyond as they wait for a perfect price. They are the definition of idiots.
as i am writing this price is $984 according to bitfinex and it seems like the opportunity to buy cheap coins with a big discount is now officially over.
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
I wouldn't be surprised if the price dropped again temporarily to under $1000. There are fluctuations in price all the time so it wouldn't be that unexpected. There will probably be opportunities to buy again.
Not too late, we will always tell that the price is expensive, I knew a bitcoin bitcoin 1 years ago when the price reached $250 I think was expensive, but after halving day the price was $650 I instead bought 5 btc. I recommend to buy now, hold for 1 year then we can get more 100% profit.
... bitcoins weren't $250 a year ago in any currency. That was two years ago at least. Bitcoins always seem really expensive to me because I was around for those days. Either way I keep getting a little more each day so they're always more exponentially more.
Not too late, we will always tell that the price is expensive, I knew a bitcoin bitcoin 1 years ago when the price reached $250 I think was expensive, but after halving day the price was $650 I instead bought 5 btc. I recommend to buy now, hold for 1 year then we can get more 100% profit.
Recently the price getting closer to $900 seems to be the lowest after a very long time. The price move was an sudden happening which created a panic among the users rather than a buying mentality. I believe traders and big whales might have bought big. Now everyone feel bad of missingthe chance as we are more than $250 away.
The price is looking strong now even with the uncertain conditions where were are with Japan recently accepting bitcoin as a legal currency and more countries will follow them and now China cannot manipulate the price with their speculation and with bitcoin we will always have an opportunity to enter what ever the price is but always try to enter at a good rate. 
1 year up, 2 years down, now 2 years up.
Nonsense. The only down year for Bitcoin was 2014.
5 years up, 1 year down, now 3 years up and counting.
Get your facts straight.
Down movement from 1-12-2013 to 20-9-2015. Almost 2 years. Get YOUR facts straight!
Way to cherrypick a random interval between arbitrary points in 2013 and 2015.
These are the real facts.
2011- open- $0.30, close- $5, net increase- $4.70 (1567%) Gox
2012- open- $5, close-$13, net increase- $8 (160%) Gox
2013- open- $13, close- $816, net increase- $803 (6177%) Gox
2014- open- $735, close- $314, net decrease- $421 (57%) Stamp
2015- open- $314, close- $434, net increase- $120 (38%) Stamp
2016- open- $434, close- $998, net increase- $564 (130%) Stamp
2017- open- $998, present- $1210, net increase- $212 (21%) Stamp
I didn't include figures for 2009 and 2010 because there were no exchanges running until late 2010.
We do know that based on 10000btc for a $20 pair of pizzas in May 2010 the value was approximately a fifth of a cent per coin. That represents an increase of 29.8 cents or 14900% in 2010.
of course you must wait more weeks or months before it reach the lowest part of the price example it could be $500 again well im gonna break my bank and invest it on bitcoin because by the end of this year it will reach more than $1500 trust me hahaha that's my prediction on this year . bitcoin is the best of all crypto currencyy!
as i am writing this price is $984 according to bitfinex and it seems like the opportunity to buy cheap coins with a big discount is now officially over.
finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
As I am writing this, the price is $1208 on preev and it seems another good rise again since the last time we reached this point and fall down below $900. We can't predict whether bitcoin will continue to climb up or slowly decline as people who bought bitcoin at $850-$1000 may tempting to sell out to get profits instead waiting for others doing the same thing and we do not.finally the sell pressure is not to be seen and it seems to me like FOMO[1] is kicking in. specially since many weak hands sold their coins in the depressing days recently. lets see where this ends up. i hope everyone learns some lessons from this.
[1] Fear of Missing Out
The rule is so simple : buy at low and sell at high. But I'm sure that bitcoin price will increase more than $1250 or even reach $1300 before significant drop back again.
At this moment maybe you can't have a right opportunity to buy as bitcoin bounced back to 1200 dollars value and it seems that the price is getting slight stable in some days which makes it more hard to assume that it will go higher . Wait for some positive changes on its price then maybe it will be a sign that it is getting more higher and it would be a good time to buy bitcoin .
I dont think that this moment is good for buying btc, I would stay away for some time, watching the price action and the chart, because 1200$ per one bitcoin is too much if you want to earn on each trade.As you said, we can see price gettint more and more stable right now, which is a good thing for holders, but not so good for people who doesnt own btc, but want to hop in the trend.
As soon as i would see 1100 upwards bounce and then break of 1300$, i would spend a big lump of money for investing into bitcoins
I may be wrong but people who think and plan like this will never act on it because of a very simple reason, when price is higher than your target (whether it is at $250 and you want $200 or it is $2500 and you want $2400) you say 'it is high and I can't make profit if I invest'.
then when price comes down from that "high" price, you start thinking 'it is going down and is on a down trend so I will stay away' and miss the chance once again.
I am not saying to make irrational decisions without thinking or planning them ahead of time but I say sometimes it is best not to wait around too long and take a leap of faith.
Recently the price getting closer to $900 seems to be the lowest after a very long time. The price move was an sudden happening which created a panic among the users rather than a buying mentality. I believe traders and big whales might have bought big. Now everyone feel bad of missingthe chance as we are more than $250 away.
That's not true, In april the price of bitcoin never touch $900. You may need to correcting your word. The FUD already finished and seem the price is back to the above $1200. The whales are taking the opportunity from the panic market. 
At this moment maybe you can't have a right opportunity to buy as bitcoin bounced back to 1200 dollars value and it seems that the price is getting slight stable in some days which makes it more hard to assume that it will go higher . Wait for some positive changes on its price then maybe it will be a sign that it is getting more higher and it would be a good time to buy bitcoin .
I dont think that this moment is good for buying btc, I would stay away for some time, watching the price action and the chart, because 1200$ per one bitcoin is too much if you want to earn on each trade.As you said, we can see price gettint more and more stable right now, which is a good thing for holders, but not so good for people who doesnt own btc, but want to hop in the trend.
As soon as i would see 1100 upwards bounce and then break of 1300$, i would spend a big lump of money for investing into bitcoins
Wait forever indeed or hope for another major FUD lol.
major FUD doesn't grow on the trees
the last big FUD that caused a big price drop was the bitfinex hack (assuming you can even call it FUD) and then before that it was around $450ish when Hear FUD came and cause some turbulence.
you see, it is rare opportunity!
Recently the price getting closer to $900 seems to be the lowest after a very long time. The price move was an sudden happening which created a panic among the users rather than a buying mentality. I believe traders and big whales might have bought big. Now everyone feel bad of missingthe chance as we are more than $250 away.
1 year up, 2 years down, now 2 years up.
Nonsense. The only down year for Bitcoin was 2014.
5 years up, 1 year down, now 3 years up and counting.
Get your facts straight.
Down movement from 1-12-2013 to 20-9-2015. Almost 2 years. Get YOUR facts straight!
Way to cherrypick a random interval between arbitrary points in 2013 and 2015.
These are the real facts.
2011- open- $0.30, close- $5, net increase- $4.70 (1567%) Gox
2012- open- $5, close-$13, net increase- $8 (160%) Gox
2013- open- $13, close- $816, net increase- $803 (6177%) Gox
2014- open- $735, close- $314, net decrease- $421 (57%) Stamp
2015- open- $314, close- $434, net increase- $120 (38%) Stamp
2016- open- $434, close- $998, net increase- $564 (130%) Stamp
2017- open- $998, present- $1210, net increase- $212 (21%) Stamp
I didn't include figures for 2009 and 2010 because there were no exchanges running until late 2010.
We do know that based on 10000btc for a $20 pair of pizzas in May 2010 the value was approximately a fifth of a cent per coin. That represents an increase of 29.8 cents or 14900% in 2010.
1 year up, 2 years down, now 2 years up.
Nonsense. The only down year for Bitcoin was 2014.
5 years up, 1 year down, now 3 years up and counting.
Get your facts straight.
Down movement from 1-12-2013 to 20-9-2015. Almost 2 years. Get YOUR facts straight!
1 year up, 2 years down, now 2 years up.
Nonsense. The only down year for Bitcoin was 2014.
5 years up, 1 year down, now 3 years up and counting.
Get your facts straight.
The price as mentioned by OP was 984 at the time of writing and it has already managed to get over with more than 20% increment in its price to date once again and some must be seriously crying hard ATM seeing Bitcoin moving towards a completely new era by going to create a history once again with a new ATH in the upcoming days.
I think people had missed the opportunity to buy Bitcoin at 3 digits but the opportunity to buy cheap bitcoin has not been lost. In my view, Bitcoin is still cheap now, with the upcoming smart contract features, and I am sure scalability will be resolve. In due time we will see Bitcoin break $2000 to $3000 so definitely buying Bitcoin at $1200 is still cheap comparing to the inevitable future price of Bitcoin.
Why others missed that cheap 3 digits?
It's because they are expecting for price to decrease more since they think those recent FUDS can pull down much the bitcoin price. Imagine from $1,200 it goes back to $800 level so they are sure it will goes down more. I remember speculations that it will goes back to $700 or even $500 and look at today. For those guys who are still waiting, wait for more longer time and just passed those expected profits if they ride today.
Wait forever indeed or hope for another major FUD lol.
The price as mentioned by OP was 984 at the time of writing and it has already managed to get over with more than 20% increment in its price to date once again and some must be seriously crying hard ATM seeing Bitcoin moving towards a completely new era by going to create a history once again with a new ATH in the upcoming days.
I think people had missed the opportunity to buy Bitcoin at 3 digits but the opportunity to buy cheap bitcoin has not been lost. In my view, Bitcoin is still cheap now, with the upcoming smart contract features, and I am sure scalability will be resolve. In due time we will see Bitcoin break $2000 to $3000 so definitely buying Bitcoin at $1200 is still cheap comparing to the inevitable future price of Bitcoin.
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