Quote from: g83 on April 12, 2017, 05:08:33 PM

Quote from: Natalim on April 12, 2017, 05:22:39 AM

Quote from: Harlot on April 12, 2017, 02:00:24 AM

Quote from: ddosamerica7 on April 12, 2017, 01:47:10 AM

Quote from: RedX on April 12, 2017, 12:47:23 AM

I think at this time, it's very impossible for that to happen. Right now, the lowest price that bitcoin has drop is $1000 based on its chart. If I were you, buy bitcoin now because its value will be double or tripled sooner.

I couldnt aggree more. The vlue of Bitcoin will surely only go up! that said, the best time to jump aboard the Bitcoin boat is now. too much has been invested into this industry for the price to go down anytime soon.

I don't think that this is the best time to Buy Bitcoin because with its current price point which is 1224$ you are leaving no space for your own safety when the price goes down meaning you are giving yourself on a position with a higher risk. So if I were you I would wait and monitor the price until its next drop because it is possible that it again drop on price lets say maybe 1000$ or below. Buy buying on that price range you know that you have positioned yourself on a good spot having a margin of safety in which if it drops from 1224$ you won't be affected as you have bought it at a much lower price.

For long term goal, this is the right time to buy bitcoins because I have a feeling that we will not limit the price only, the longer it will stay
it will become more popular so there is no way the price will stay the same or decrease, it should be going up.

Even I have the same feeling that price will only go higher in future as adoption will also go higher so I think we will never see that low price of bitcoins ever in future and if you can hold them for long term then even this price is good price to buy.

When the bitcoin block size is kept at 1M and the average transaction fee is $1, most people will use other coins.