Post
Topic
Board Speculation
Re: It is Buy time!
by
randy8777
on 16/07/2016, 18:00:12 UTC
It's a good time to buy as long as the price is under $1k ...
Even the price hit more than $1000. It will still be a good time to buy since the current user of bitcoin is still few and expect the price to go higher which will result to a 5-digit value of bitcoin.

That is true. If you think the bitcoin will rise a lot in the future, say in 50 years, then it is good time to buy now.

I am also long term minded, but looking 50 years ahead is not possible/realistic as we don't even know whether or not Bitcoin is still existing by that time.

It depends on your age. But most of the price rise of bitcoin will happen in the next 20 to 30 years.
the price growth of the bitcoin is definitely going to happen way sooner, in my opinion we might see huge growth in like 3 years from now or so because bitcoin will be way more popular

what do you consider to be the huge growth that you are talking about to happen in the comming 3 years? $1000? $2000? $3000? when i am being as realistic as possible i can only see the price reach $1000-$1500 before 2020.