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Topic: TIME TO BUY - page 8. (Read 9109 times)

sr. member
Activity: 252
Merit: 250
December 17, 2014, 08:26:27 AM
#37
Bitcoin is nothing but a money transfer system and not even easy to use compared to Paypal Smiley Forget the mass adoption, even 50$ BTC is overpriced when you think about how useful it is  Smiley
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
December 17, 2014, 08:17:15 AM
#36


Exactly. Some of the companies starting to accept bitcoin may cause more supply on the market, however overall more merchants accepting bitcoin are going to cause more people (consumers) to use it

Ordinary people are not going to take the additional step of converting fiat to BTC, so they can then buy things with BTC that they could have purchased directly with fiat. Consumers are not stupid and will not bother to take that additional unnecessary step.

The only solution is for the community to wake up and realize that we need merchants to integrate BTC into their payrolls to offset the selling!
sr. member
Activity: 485
Merit: 274
December 17, 2014, 08:01:20 AM
#35
At least that's what I just did, so I believe we are at or very close to the bottom.

Why would we be at the bottom? The selling is just beginning.

Every time a new company like Microsoft offers bitcoin as a payment method, the market gains another auto-seller. There is no reason for the price to increase until this imbalance is corrected. The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.
This is not necessarily true. When additional companies start to accept bitcoin, more people will start to buy bitcoin for the sole purpose of spending it at one of such merchants. Each additional large company that accepts bitcoin makes it one company closer to having B2B bitcoin related payments
If M$ ONLY accepted Btc then i would agree with you.  However, M$ accepts all major payment types and so why would you convert to Btc first?  You are bound to lose a little in the conversion so it would in fact cost you more.  You might do it once, just because you could, but you wouldn't do it twice.
member
Activity: 71
Merit: 10
Verba volant, bits persist.
December 17, 2014, 07:53:01 AM
#34
Bitcoin is just another Tulip Mania  Smiley Of course believers deny it  Smiley

http://en.wikipedia.org/wiki/Tulip_mania

People that think that's like the tulip-mania is because they don't know what they have on their wallets… the decentralized idea of bitcoin is unique and people is always focusing on their BTC/CNY or BTC/USD price…

Don't be obsessive with the price, bitcoin is more than that.
full member
Activity: 170
Merit: 100
December 17, 2014, 07:27:51 AM
#33
I'll wait until drops to 100, and then buy Grin
sr. member
Activity: 252
Merit: 250
December 17, 2014, 05:07:41 AM
#32
Bitcoin is just another Tulip Mania  Smiley Of course believers deny it  Smiley

http://en.wikipedia.org/wiki/Tulip_mania
sr. member
Activity: 434
Merit: 250
December 17, 2014, 04:57:57 AM
#31
I shall wait after Christmas to buy.
hero member
Activity: 579
Merit: 500
CoinQuacker
December 17, 2014, 04:21:33 AM
#30
Panic's coming to the streets, and investors know it  Grin
Once people wants to buy, they're like:


Richmond Kansas City  Richmond Kansas City  Richmond Kansas City  Richmond Kansas City  Richmond Kansas City  Richmond Kansas City  Richmond Kansas City  Richmond Kansas City 
sr. member
Activity: 406
Merit: 250
AltoCenter.com
December 17, 2014, 04:19:25 AM
#29
Only buying will make it even more worse... Need to use some of the Bitcoin as well...
sr. member
Activity: 476
Merit: 250
December 17, 2014, 04:17:08 AM
#28
Good time to buy. Cool
legendary
Activity: 1778
Merit: 1042
#Free market
December 17, 2014, 03:40:50 AM
#27
Maybe it is better to wait a bit , I think the bitcoin price will drop again.
legendary
Activity: 3374
Merit: 1824
December 17, 2014, 03:29:12 AM
#26
From my experience at the market, when price is very low, this is, in fact, the best time to buy, not to sell )
If you want to earn good money, buy cheap and sell when price is high.
hero member
Activity: 1008
Merit: 502
December 17, 2014, 03:25:47 AM
#25
Nope buy at 100 dollas, thats when it is time to buy, Right now mine and save dont dump save save save Smiley cause when it hits 100 bucks again, all the rich idiots are gonna jump the bandwagon and make all us hoarders rich. Follow the rich dudes.
sr. member
Activity: 252
Merit: 250
December 17, 2014, 03:21:41 AM
#24
I'm buying back under 100$  Smiley We are going to see it earlier than expected  Wink I promise.
sr. member
Activity: 378
Merit: 250
December 17, 2014, 02:44:50 AM
#23
I will try to apply for a loan at a bank in the forum or in my town. hopefully running smoothly. or if not, I just need to keep bitcoin that I have now
newbie
Activity: 28
Merit: 0
December 17, 2014, 02:43:52 AM
#22
maybe the price will go down below 300 , waiting to buy Smiley
sr. member
Activity: 437
Merit: 250
December 17, 2014, 02:31:06 AM
#21
The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.
It is always the time to "go long". Always. Going short is where you have to be very careful.

this doesn't make sense to me because shorters are making most of the profits...

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
December 17, 2014, 02:11:21 AM
#20
The time to "go long" would be when a major company announces that it will be integrating bitcoin into its payroll options.
It is always the time to "go long". Always. Going short is where you have to be very careful.
sr. member
Activity: 462
Merit: 251
December 17, 2014, 02:02:21 AM
#19
I agree time to buy
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
December 17, 2014, 01:42:03 AM
#18
I think now is a good time to dollar cost average in every few days. For example you can set up a recurring purchase on coinbase.
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