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Topic: When do we stop buying Bitcoin ? (Read 1152 times)

hero member
Activity: 1582
Merit: 523
August 11, 2017, 05:26:35 PM
#40
The only thing that would stop people from buying bitcoin is only if its no longer available to be accessed which can only happen in the case of shut down of the internet or the hacking of the entire blockchain which will then destroy everything we have come to believe as the backbone of bitcoin. But currently, those things I listed are not possible, then I guess we all need to still live with the current situation as it is now.
I agree, they will not stop into buying as of now it keep rising the price. And, as long there is demand and supporters of bitcoin it will going to soaring high the value. Partly, if there is something wrong with the blockchain and hacking of the system it will somehow affect the entire system. But let us think it will not happen and think on a positive note that until today bitcoin indeed is in demand that people keep buying just to earn profit in the future.
sr. member
Activity: 574
Merit: 250
August 11, 2017, 03:08:49 PM
#39
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

same as "when do you stop buying new celphones"  Grin

but seriously, as long as you want it you buy it... if you are no longer interested with it then stop buying.
"PROFITABLE" depends in every individual, some may say its still profitable while others think it is no longer profitable.

my conlusion: YOU determine when would YOU stop buying bitcoin.  Cool

It's not about how we determine when to stop buying, but you can check the coin capacity of the token you are holding. You can check the actual situation of the crypto currency in the marketcap website so you actually see the market status of the token, and it served as your reference on when to stop or continue buying your asset for a certain token. Now you can decide to hold your tokens for a long term plan and sell when price reaches the top price of market sell value.
hero member
Activity: 1330
Merit: 569
August 11, 2017, 03:05:46 PM
#38
The only thing that would stop people from buying bitcoin is only if its no longer available to be accessed which can only happen in the case of shut down of the internet or the hacking of the entire blockchain which will then destroy everything we have come to believe as the backbone of bitcoin. But currently, those things I listed are not possible, then I guess we all need to still live with the current situation as it is now.
sr. member
Activity: 490
Merit: 258
August 11, 2017, 01:43:45 PM
#37
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

same as "when do you stop buying new celphones"  Grin

but seriously, as long as you want it you buy it... if you are no longer interested with it then stop buying.
"PROFITABLE" depends in every individual, some may say its still profitable while others think it is no longer profitable.

my conlusion: YOU determine when would YOU stop buying bitcoin.  Cool
hero member
Activity: 676
Merit: 500
August 11, 2017, 01:41:58 PM
#36
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

The limit in supply will not effect the profitability of bitcoin, in fact it will make the price of it higher because it will make the supply less while the demand the same or higher. And as long as bitcoin can be traded to altcoins, it will be profitable.
In my opinion if in future Bitcoin very famous and have a huge number use it, the community will find other way for improve the total supply coin.
So the reason make Bitcoin increasing not by limit in supply, just the profit from altcoin market attractive many investor.
hero member
Activity: 959
Merit: 500
August 11, 2017, 01:11:01 PM
#35
I think that bitcoin will keep rising.
Many of those who have bitcoin consider it as an investment. Some even want to save it for retirement.
Those people will not sell quickly. The supply is limited, so the price increses.
And because you can divide one bitcoin into 100 million satoshis, everybody can invest small amounts in bitcoin.
You just get a smaller fraction of one bitcoin for it. But this smaller fraction can increase its price as well!
Nobody has to sell his home just to be part of the bitcoin community. That's one big advantage of bitcoin!
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
August 11, 2017, 12:55:29 PM
#34
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Even all 21 million bitcoins get mined out, bitcoin prices may keep rising as long as demand for it persisting. Hence, literally it may be profitable infinitely as no one could predict when the demand may reach zero.

as long as bitcoin can be traded to altcoins, it will be profitable.
How it will be ? I guess your scenario is true for altcoins but I do not find it fixes for bitcoins too. Probably I could not get your point. But one thing is sure that trading is not inducing the actual demand but trading is just based on real time demands.
hero member
Activity: 756
Merit: 500
August 11, 2017, 12:46:15 PM
#33
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

The limit in supply will not effect the profitability of bitcoin, in fact it will make the price of it higher because it will make the supply less while the demand the same or higher. And as long as bitcoin can be traded to altcoins, it will be profitable.
that's the market so if still there's new projects coins that will be created and this supply and demand still works well bitcoin investment
will still profitable accordingly just need to have a good advantage and knowledge on how this investment will grow.
hero member
Activity: 1148
Merit: 504
August 11, 2017, 12:30:34 PM
#32
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

The limit in supply will not effect the profitability of bitcoin, in fact it will make the price of it higher because it will make the supply less while the demand the same or higher. And as long as bitcoin can be traded to altcoins, it will be profitable.
sr. member
Activity: 700
Merit: 251
August 11, 2017, 11:53:32 AM
#31
Hmm i think you can stop buying bitcoin when you see that the popularity isn't as big as before, there're not many people take interest in it again and the price drops heavily?
But i don't think that's gonna happen, at least, not soon.
Bitcoin is become more promising day by day. And more people wanted to take advantage from this coin too. We can see that the price keep increasing, no matter what happen.
legendary
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
August 11, 2017, 11:05:24 AM
#30
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
probably when bitcoin is almost crowded or use by many people .Now we are too far from it. Its not a big problem what you can do is to buy as much as you can at this moment and for sure in the future you will become rich .
We still can't sure the future Bitcoin will get accept from goverment or not!
Because the growth of Bitcoin after breakout high price will attractive the government of most country on the world.
Their decision can make the price of Bitcoin down or up.
hero member
Activity: 896
Merit: 521
August 11, 2017, 09:45:11 AM
#29
The Bitcoin inflation rate will keep on dropping with coming years and ultimately turn to negative because it has inbuilt deflation. This means that price will keep on rising year by year and hence there wouldn't be a day when you can't make profit out of Bitcoin. The only risk is if we will get some better alternative to cryptocurrency in future, then BTC might end. So, the answer Bitcoin won't be profitable if it dies.
sr. member
Activity: 396
Merit: 252
CryptoTalk.Org - Get Paid for every Post!
August 11, 2017, 09:33:33 AM
#28
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
probably when bitcoin is almost crowded or use by many people .Now we are too far from it. Its not a big problem what you can do is to buy as much as you can at this moment and for sure in the future you will become rich .
legendary
Activity: 2050
Merit: 1184
Never selling
August 11, 2017, 09:32:56 AM
#27
When governments and banks become honest, and actually put the interests of the people over that of the corporations and elites. That is when you can stop buying it.
hero member
Activity: 2240
Merit: 848
August 11, 2017, 09:06:19 AM
#26
A couple months ago I had been planning on buying bitcoin as long as it was under $3000. But I just bought another $1000 of bitcoin today at over $3500. And I think I will continue buying $1000 of bitcoin each month until the end of 2018. I might stop then. But bitcoin is probably going over $100k eventually, so even buying bitcoin at $50k will be very profitable. Buying bitcoin now when it is only a few thousand dollars is the best and I would say safest investment you can make in the world right now, because there is no doubt it is going at least up to tens of thousands of dollars in the next few years.
sr. member
Activity: 406
Merit: 253
August 11, 2017, 06:12:20 AM
#25
Bitcoin price is regulated by supply and demand heats a constant rise in prices. Until the bitcoin will increase in price by more than 100% per year it will buy even if it will cost $ 100,000. You never know when to stop and not to buy bitcoin.
member
Activity: 64
Merit: 10
August 11, 2017, 05:38:57 AM
#24
from what i gathered, i presume it is still relatively a safe and profitable investment in Bitcoin.
sr. member
Activity: 798
Merit: 253
August 10, 2017, 01:10:44 PM
#23
Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
bitcoin has become very famous the concept of the bitcoin disappearance has been vanished now it is not possible to stop the growth and the journey of the bitcoin it is more popular than the other currencies so I think buying bitcoin can never be stopped because it is the need of the day it has a lot of benefits and a lot of opportunities for all kind of people.
hero member
Activity: 952
Merit: 500
August 10, 2017, 12:49:35 PM
#22
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
Until there is demand for bitcoins,bitcoin price will continue to increase.Until its price rises,more and more people will continuously buy bitcoin.So its a continuous process.Unless,some tragedy happens and bitcoin starts losing its value,it will be bought.
full member
Activity: 166
Merit: 100
August 10, 2017, 12:37:05 PM
#21
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

You will stop buy bitcoin when you will run out of your current currency.   When you will start working for BTC you will not say you buy it with your work. At least I hope so you will not.

It's never too late for me to buy bitcoin. This is my long-term investment and therefore I buy this coin whenever I have extra money. Bitcoin just started to develop and investments in it - this is a wise decision
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 10, 2017, 12:17:42 PM
#20
Never. If Bitcoin spreads to most of the world, the next thing that kicks in is the proper deflation as the block reward slows to a trickle and then end. There'll always be newcomers, there'll never be more bitcoins, their local currencies will continue to lose value.

Do the math as they say.
legendary
Activity: 1036
Merit: 1002
August 10, 2017, 12:15:12 PM
#19
lol if you don't have beleif on bitcoin then stop buying it unless you have some ideas on how you can earn without buying it also if you don't have cash to invest with bitcoin there are many people who is and always invest with bitcoin because this is the only and eaiest way to earn money know the logic
legendary
Activity: 2730
Merit: 1288
August 10, 2017, 12:08:34 PM
#18
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

You will stop buy bitcoin when you will run out of your current currency.   When you will start working for BTC you will not say you buy it with your work. At least I hope so you will not.
sr. member
Activity: 518
Merit: 251
August 10, 2017, 05:49:06 AM
#17
It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.

I am also doing the same thing that I am not buying now but I am trying to earn it from all the possible methods available as now the price is very high and not affordable to make an investment in bitcoins as only people who have huge capital will only prefer to buy at this stage.
hero member
Activity: 2660
Merit: 551
August 10, 2017, 04:36:35 AM
#16
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

Bitcoin will always be profitable, the difficulty of mining a block is getting extreme. And there is the next halving which will make bitcoin really scarce pushing the price to grow more. I guess when all the 21 million supply has been mined, but it will took more years before it can actually be all be mined. With that said, once all 21 million have been mined, there will never be any new bitcoins (unless a change to the protocol is made to increase the supply).
hero member
Activity: 663
Merit: 501
quarkchain.io
August 10, 2017, 04:24:32 AM
#15
I have stopped buying bitcoins now as the current price is too high for me and even its not affordable for me to make an investment at such high price so the only thing I am doing at a moment is holding my existing coins which I will sell when it crosses $4000.
sr. member
Activity: 364
Merit: 250
August 10, 2017, 03:20:33 AM
#14
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

I believe no one really knows when it is no longer profitable. The only argument here I think is that it depends on your capability. Like, if btc value is higher than how much you can afford then that is the time that it is no longer profitable for you. Because as long as people uses and patronize btc, the value is still there.
sr. member
Activity: 420
Merit: 250
August 10, 2017, 03:19:52 AM
#13
Bitcoin can be bought at any price as holding it for a long term will surely give us positive returns on our investments and the price of bitcoin has gone higher over the years and even in future it will continue to rise so buying bitcoin at any stage is a good investment to make.
member
Activity: 82
Merit: 10
August 10, 2017, 02:23:20 AM
#12
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

Bitcoin no longer profitable? When there will be no transactions in blockchain and no users having bitcoins, and no selling or buying is being done in exchanges or anywhere else, then maybe it will not be profitable anymore to buy bitcoins.
hero member
Activity: 2086
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★Bitvest.io★ Play Plinko or Invest!
August 10, 2017, 02:03:37 AM
#11
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

That is if Bitcoin's economy or market would came crushing down. Well I believe that there is an indication before it will happen and the chances for it to happen is impossible as of the moment since it is continually growing and developing. If it happens then not so soon.
legendary
Activity: 2240
Merit: 1069
August 10, 2017, 02:03:12 AM
#10
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?

Even with limited supply or even if all the bitcoins have been mined, bitcoin will not lose value. It may even push the price even higher because of supply and demand. The only way bitcoin will lose value is when its security is compromised or there is a serious flaw in its code which I doubt will happen. So I believe bitcoin's value will keep rising.
full member
Activity: 511
Merit: 100
August 10, 2017, 02:01:37 AM
#9
There is no stopping of investing into bitcoin with the users who have a good understanding all about bitcoin as well have benefited through bitcoin. My plans were to earn as much possible and keep hold of bitcoin. Other than that have been investing a small amount regularly from my monthly earning.
That's true there is no stopping to invets of bitcoin now. As we can notice on bitcoin value it continue to high and once you understand about bitcoin you can grab the chance to keep buying. Because in the end we can benefited on its price.
sr. member
Activity: 602
Merit: 252
August 10, 2017, 01:55:09 AM
#8
There is no stopping of investing into bitcoin with the users who have a good understanding all about bitcoin as well have benefited through bitcoin. My plans were to earn as much possible and keep hold of bitcoin. Other than that have been investing a small amount regularly from my monthly earning.
sr. member
Activity: 448
Merit: 250
August 10, 2017, 01:49:24 AM
#7
It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
i agree. Bitcoin's operation depends on its patron. It includes its price. So when the demands get high, the price will also rise, if the demands gets low then the price decreases. With these changes, you can have idea when to buy btc and get profit. You must be updated of these changes so that you can make strategies and execute plans responding to these changes
hero member
Activity: 3164
Merit: 937
August 10, 2017, 01:07:29 AM
#6
Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.

I can`t understand your post.How come bitcoin is a "requirement"?
Why it would be difficult for people "not to buy"?If the price increases,it gets more difficult to buy.
I would say that the OP question in the topic is a little bit stupid.Nobody can predict when bitcoin will reach the absolute top and when btc will totally stop increasing it`s value.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
August 10, 2017, 12:42:32 AM
#5
I guess a lot of people will say, when the price reach unsustainable levels, where profits cannot be made. Let's say the price stabilize at $10 000 and only fluctuate a little. If the fees to trade are not covered by the profits, then it will not be profitable to continue with trades.

The chance of this happening now is very low, because we still see a lot of volatility and whales pushing and manipulating the price. < price dips & spikes >
sr. member
Activity: 532
Merit: 280
August 10, 2017, 12:32:04 AM
#4
It depends on the capacity of the users, me i already stop to buy bitcoin because it is not afford of my budget that is why i am here just collecting bitcoin for some method i know. But if you have lots of money that was good to buy bitcoin as investment.
legendary
Activity: 1218
Merit: 1007
August 10, 2017, 12:26:00 AM
#3
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
It's profitable to buy Bitcoin as long as there is a chance that there will be an uptrend with the market, and unless that chance either becomes too small or there is simply not enough demand there isn't really a reason to "stop" buying Bitcoin. It's the same as every other market; as long as there is a demand, and the supply keeps getting smaller, there is profit to be had.
Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
Bitcoin is far from a requirement; it is picking up some steam when it comes to interest but it is very far away from being a "requirement". Most people still don't care about Bitcoin.
hero member
Activity: 590
Merit: 500
August 10, 2017, 12:16:03 AM
#2
Bitcoin is now a requirement. So it will be difficult for people not to buy bitcoin. Let alone the increasing number of enthusiasts will bitcoin even though the price of bitcoin is now soaring.
member
Activity: 64
Merit: 10
August 10, 2017, 12:05:56 AM
#1
Hi all, I believe all of us agree that Bitcoin value will keep rising. But with the limited supply of Bitcoin, the question is, when do we or how do we determine it is no longer profitable to buy Bitcoin ?
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