Post
Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
knowhow
on 23/07/2015, 01:45:49 UTC
That's correct. I believe that it will go below $200 but not below $100 but if it does, then it will entertain the new investors who wants to invest in bitcoins,

I dont know if you mean this for sarcasm but if you did then this is pretty funny . No sane investor will put their money in something that has lose alot of its value ( I mean the price value ). Basically people would want something solid and of course something that loses its value wont be attractive enough, therefore you can see that alot of people keep buying gold because the price is quite stable and solid

I was thinking to write that after the price goes down is a good time to buy

That is what Erdogan means as well. Do you even dare to take a risk for something that lost alot of its value



well gold is another market as you stated more stable,but to most people bitcoin on 100 dollars would mean the right moment to buy them as we already know that its normal value on the last months is on the 200 level near 300 dollars ,but yes if it drops too much it can be a problem soo must search to avoid reinvest on a dump that cant recover soon or can go more down,but whales will get in to avoid it pretty sure if would happen anytime now.