Post
Topic
Board Speculation
Re: Good idea to buy bitcoins now?
by
dezoel
on 18/07/2016, 12:51:23 UTC
I was wondering if it was a good idea to buy Bitcoins now considering that there are only 42 days left until Bitcoin block reward is halving.
what do you guys think? Smiley

Even now after the halving is not a bad idea to buy bitcoins because we havent seen yet the halving effect, we need some time to wait and I am very optimistic that bitcoin price will reach $1k soon.

ya really not so bad to buy right now, because there is no effect of halving. but perhaps as halving earlier that the effects will be felt a few months later. but this time the price really very stable, it may be better to wait because it could fall if the price keeps stable.

Price can crash any time sice the price hasn't increased yet, but recently the price is stable, normally bitcoin has it ups and downs but it has been a long time since i havent seen this stability.

As long as the bitcoin price rise gradually, for example, not more than 50% every 6 months, there will be no crash.

It depends on if there is good adoption or not. If there is good adoption, that will support the bitcoin price.
We cannot really determine the real number of adopters of bitcoins but what we can see now is the price, I believe the current price now implies that major adoption has already happen and it's continuing.

Yeah fresh money is coming in bitcoin and  that is the reason price is rising slowly at a moment and we can expect the same rise in coming months.