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Topic: Seriously...are you buying at these prices? (Read 4897 times)

legendary
Activity: 1708
Merit: 1019
April 02, 2013, 04:22:05 AM
#60
The question should be: Would you buy at this prices if you're a long term investor or a short term investor?

Long term: YESSSS
Short term: Wait for a dip, it's coming any time this week, then buy and make 20%


gox verification queue is said to be 8000...

I have heard this could easily be people verifying to cash out larger USD amounts of coin acquired at much lower prices.
nah, they all have accounts already. At least 95%.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
I'm really thinking about it the more I read the more I like what I'm seeing, not the price though haha.
hero member
Activity: 486
Merit: 500
Kind of.... I bought a mining machine that will mint Bitcoins at this price.  Cheesy

+1 hard to let go of some bitcoin when it just keeps going up
member
Activity: 174
Merit: 10
I bought everything I got 2 years ago and have only been playing with that since
donator
Activity: 1722
Merit: 1036
Yes, bought another 2 today.
We just beat the psychol. barrier of $100. Barring extremely bad news, the coming 1 or 2 weeks surely will only display a steep rise so this is an extremely good time to buy. Waiting for the next dip IMO is not worth it. Very likely, the next dip will be in the next weekend or the weekend after that and will only dip down part of the gain made in the meantime. In other words, even if you happen to guess the bottom of the dip perfectly, it will still be more expensive than today.

+1.

That bitcoin is expensive, can only be justified by looking at the price per 100,000,000 satoshi. It was named "1 bitcoin" for convenience a long time ago. As more people adapt bitcoin, it will become convenient to change the decimal place.

By far a more reasonable metric is to price in milliBitcoins: the price just went up from $0.01 to $0.10. It is still a microcap, there is great risk, you can lose everything that you put in, the possibility of a bubble cannot be ruled out, .. But also: to gain actual mainstream credibility, the minimum target is $1/mBTC which is $1000 per BTC.

In anticipation, I will be slowly buying more.
newbie
Activity: 21
Merit: 0
Yes.
donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
Yes. I've been dollar cost averaging for the last two years.
hero member
Activity: 840
Merit: 1000
Yo...
legendary
Activity: 2212
Merit: 1008
Please say "yes" if you are still buying and "no" if you are not :-)
(Lets see how many people of this forum are still buying)

ppl on silkroad will be buying at any price.
full member
Activity: 224
Merit: 100
DigiByte Founder
Yes, bought another 2 today.
We just beat the psychol. barrier of $100. Barring extremely bad news, the coming 1 or 2 weeks surely will only display a steep rise so this is an extremely good time to buy. Waiting for the next dip IMO is not worth it. Very likely, the next dip will be in the next weekend or the weekend after that and will only dip down part of the gain made in the meantime. In other words, even if you happen to guess the bottom of the dip perfectly, it will still be more expensive than today.

Good point, problem is I am still waiting for my Dwolla -> gox deposit. Sad
hero member
Activity: 533
Merit: 500
Yes.  Might flip a couple to cover bills and stuff but definately feel like picking up more.
full member
Activity: 159
Merit: 100
Yes, bought another 2 today.
We just beat the psychol. barrier of $100. Barring extremely bad news, the coming 1 or 2 weeks surely will only display a steep rise so this is an extremely good time to buy. Waiting for the next dip IMO is not worth it. Very likely, the next dip will be in the next weekend or the weekend after that and will only dip down part of the gain made in the meantime. In other words, even if you happen to guess the bottom of the dip perfectly, it will still be more expensive than today.
sr. member
Activity: 392
Merit: 250
Bitcoin is still probably the most undervalued asset in the history of finance. I am going to buy as much Bitcoins I can as fast as I can.
legendary
Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
Yes, I do now more then ever
hero member
Activity: 616
Merit: 500
yup.
hero member
Activity: 700
Merit: 500
daytrader/superhero
nope.

Mostly sold out with a token amount still in the game.




....you should have made this a poll.  Undecided
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
No. Instead I'm buying ASICMINER shares and mining/buying altcoins (mainly LTC, as profitability is awesome right now! http://dustcoin.com/mining)
sr. member
Activity: 504
Merit: 250
Let's put it this way... I have fiat ready in mtgox to pull the trigger in the next dip Smiley Whenever that might be!
I dont want to be unprepared when the next dip happens and not have fiat available..
but I'm locked and loaded!


Same here, load USD and be ready

Just be warned, last time Bitcoin crashed and burned and was hacked. People were preoccupied with cashing their Dollars out.

This time sneakiness prevails a lot of people will leave their cash at the exchange so a big dump might be bought up or the big dump might be a big double dump!
full member
Activity: 173
Merit: 100
btcmy.net
Let's put it this way... I have fiat ready in mtgox to pull the trigger in the next dip Smiley Whenever that might be!
I dont want to be unprepared when the next dip happens and not have fiat available..
but I'm locked and loaded!


Same here, load USD and be ready
legendary
Activity: 1708
Merit: 1019
The question should be: Would you buy at this prices if you're a long term investor or a short term investor?

Long term: YESSSS
Short term: Wait for a dip, it's coming any time this week, then buy and make 20%


gox verification queue is said to be 8000...
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