Should i buy my first whole bitcoin - page 11.

Amph

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Quote from: jaberwock on January 01, 2016, 09:23:19 PM

Quote from: ralle14 on January 01, 2016, 05:36:56 AM

Quote from: Haruderty on January 01, 2016, 05:27:10 AM

If you have $450 and do not care if you lose it all, then you should buy 1 bitcoin. Bitcoin has good future.

how will you lose all the whole coin if you just hold them in your wallet until the prices rise in the future

If Bitcoin gets outlawed where you live, then you will have a problem to sell your coins. If can't trip abroad, then you'll have a problem and your Bitcoins will technically be worth 0

you can buy, abroad with your coins, so no, they still be worth what they are worth, at that point i would only use them directly on something like open bazar or purse.io

actually it's kinda of better if you can not dump it anymore, less pressure on the market, and more encouragement on using bitcoin like a currency

dollarneed

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Quote from: bjbear123 on December 30, 2015, 05:01:30 AM

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

I think its depend on your reqruitments why you need bitcoin? If you want to earn money go buy bitcoin then trade it, you can activly buy and sell bitcoin on bitcoin exchange or exchanging crypto but I think its most risky than exchanging bitcoin to fiat, if you want to buy bitcoin for purchased some virtual things, as for me buy bitcoin for long term investment and as an payment processor, just saying

mtnsaa

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Not sure if it's the best of times to buy but if you wait you may never see this price again. Definitely go for it if drops below $400 in the next weeks (I doubt it).

langedwig

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Buy bitcoins anytime you will be in profit after years for sure if you dont spend it.

Gronthaing

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Quote from: jaberwock on January 01, 2016, 09:23:19 PM

Quote from: ralle14 on January 01, 2016, 05:36:56 AM

Quote from: Haruderty on January 01, 2016, 05:27:10 AM

If you have $450 and do not care if you lose it all, then you should buy 1 bitcoin. Bitcoin has good future.

how will you lose all the whole coin if you just hold them in your wallet until the prices rise in the future

If Bitcoin gets outlawed where you live, then you will have a problem to sell your coins. If can't trip abroad, then you'll have a problem and your Bitcoins will technically be worth 0

People trade bitcoin for paypal or whatever all the time. Here, in exchanges, etc. There is the risk of charge backs. But his bitcoins would never be worth nothing. The only way for that to happen is if the price drops to 0. Like if a vulnerability is found. Or a better currency is created and everyone abandons bitcoin.

jaberwock

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Quote from: ralle14 on January 01, 2016, 05:36:56 AM

Quote from: Haruderty on January 01, 2016, 05:27:10 AM

If you have $450 and do not care if you lose it all, then you should buy 1 bitcoin. Bitcoin has good future.

how will you lose all the whole coin if you just hold them in your wallet until the prices rise in the future

If Bitcoin gets outlawed where you live, then you will have a problem to sell your coins. If can't trip abroad, then you'll have a problem and your Bitcoins will technically be worth 0

EdenHazard

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Quote from: bjbear123 on December 30, 2015, 05:01:30 AM

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

while so many people predict that this year will be year of bitcoin,i think its a good time to buy some bitcoins,just make sure you are buy at lower price than today,and if you still not have to buy until today,its not too late,just buy some and i'm sure bitcoin price will rise up again this year.

Yakamoto

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Quote from: Palinanv on January 01, 2016, 08:52:56 PM

I don't know if this is a good time to buy though.

It all comes down to personal preference, if you think it is a good time to buy and the value is going to keep increasing, then you should think about it, and probably end up buying whatever you feel is appropriate. If you think the value is going to decrease, then don't buy and just wait.

Right now we are on the verge of blocks halving, and there is the potential for large amounts of growth in the Bitcoin economy.

But it all comes down to if you want to buy or not, exactly like the stock market.

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Core dev leaves me neg feedback #abuse #political

learn cold storage!!!

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Quote from: Scream on January 01, 2016, 09:05:54 PM

Quote from: bjbear123 on December 30, 2015, 05:01:30 AM

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

of course yesss, if i have more money i will buy all bitcoin and hold it
you must watch "the end of money" bitcoin documentary film

I did just a while ago. What did you gather from it about the state of bitcoin currently.
The thing is with movies (documentaries to some) like this the facts are changing so constantly that the things they point out are not relevant to us a week/a month after they are published.

jaberwock

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Quote from: ralle14 on January 01, 2016, 05:36:56 AM

Quote from: Haruderty on January 01, 2016, 05:27:10 AM

If you have $450 and do not care if you lose it all, then you should buy 1 bitcoin. Bitcoin has good future.

how will you lose all the whole coin if you just hold them in your wallet until the prices rise in the future

Someone may hack your wallet and steal your coins.

The device where your coins are store may break and you lose your coins.

Or the price could just fall and you lose most of your coins

Scream

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U will never know the true answer, before you try

Quote from: bjbear123 on December 30, 2015, 05:01:30 AM

Should i buy my first whole bitcoin ?

I just want opinions, would you buy a whole bitcoin ?

of course yesss, if i have more money i will buy all bitcoin and hold it
you must watch "the end of money" bitcoin documentary film

Palinanv

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I don't know if this is a good time to buy though.

tyz

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Well, if you ask 10 people you would probably get 10 answers. I personally think it is still a fair price to buy.

takingthis4

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i think its always a good investment to buy some bitcoins

Amph

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Quote from: RoughLyfe on January 01, 2016, 06:52:34 AM

You should wait for about 1-2 months until buying your first bitcoin.If bitcoin value hasn't crashed by then,then you should buy.

no he should buy when the price look stable, as it is right now, because this is usually an indicator that the bottom is there

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Quote from: RoughLyfe on January 01, 2016, 06:52:34 AM

You should wait for about 1-2 months until buying your first bitcoin.If bitcoin value hasn't crashed by then,then you should buy.

What if bitcoin is up to $600 in a few months? Imo theres no good time to buy bitcoin because it varies so much, Just buy bit by bit to keep your average hopefully low.

RoughLyfe

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You should wait for about 1-2 months until buying your first bitcoin.If bitcoin value hasn't crashed by then,then you should buy.

Rizky Aditya

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If you have the money to buy a whole Bitcoin, then yeah, definitely buy your first Bitcoin. If you don't have enough money, then just buy small parts of Bitcoin. I think right now, is a really good time to buy Bitcoin as the price is just beginning to rise. You will make the most amount of profit if you buy Bitcoin now. If I were you, I would buy some Bitcoins. You could also earn Bitcoin through signature campaigns and faucets. That is only if you have absolutely no money to spenf on Bitcoin, or just want to make some extra money.

Etoiliste

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Quote from: Shinpako09 on January 01, 2016, 06:22:39 AM

Quote from: Haruderty on January 01, 2016, 05:27:10 AM

If you have $450 and do not care if you lose it all, then you should buy 1 bitcoin. Bitcoin has good future.

As OP says he doesn't have plan in selling it for a year. It means he will holds it and wait for price increased. How he will lose that bucks? maybe you should say, if you dont care in spending $450 then bought 1 whole btc.

it will be bit risky if he just want trade Bitcoin with USD because in short term bitcoin could go down then the OP gets panicked and sells for lowwer price

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