I think that since it has and can go higher than 266 you are getting in at a good price under that amount. obviouly the sooner the better, as we can see today that it is rising quite a bit. say you had just ten coins, for every dollar it goes up you make ten, so if you bout at 100 you have made 435.10. we will continues to see the price go up as we start to go main stream.
for those of you who are just learning about bit coin I would say get in soon. yes there will be ups and downs but hold to at least the last ATH and thenif you sell you will be sitting pretty, but be prepared to kick yourself when the price goes to 500 and then to 1,000. just saying.
It's greedy, dollar-minded thinking like this that messes up Bitcoin for those of you who are just learning about bit coin I would say get in soon. yes there will be ups and downs but hold to at least the last ATH and thenif you sell you will be sitting pretty, but be prepared to kick yourself when the price goes to 500 and then to 1,000. just saying.
I hope all hedge funds, dollar investors, daytraders, stock brokers, and other scum from the old monetary system lose a SHITLOAD of money. So the only people remaining in Bitcoin are there because they understand and appreciate the ideology behind Bitcoin.
Here's the thing: you shouldn't see Bitcoin as a way to make dollars. You should see Bitcoin as a way to DESTROY the dollar.
If you fail to get larger investors into BTC, the volume and liquidity will remain anemic and the project won't go anywhere. Eventually, if big money enters the market, you will probably see leveraged trading accounts, hedges balancing between precious metals and btc, ETF's, small banks accepting conversions/issuing btc atms etc. Right now, if you look at the volume of any currency base besides BTC/USD, its pretty sad and that won't improve with a bunch of people buying and holding or purchasing little (in the grand scope of things) stuff online. If you get some VC's with some cash to burn in a new concept like bitcoin -watch it explode (it will probably make all home miners a thing of the past, but like gold, i don't see a whole lot of pan-sifters in the local river these days). When a market goes up and down $50 a day, you're dreaming if you don't think people start to see dollar signs. Even the most independent thinking, anti-establishment, anti-centralization thinking person has to eat and probably dislikes his or her day job. Not to mention, by the laws of supply and demand, if the market dynamics stay exactly the same as it is now, with little to no institutional investors, yet the monetary base continues to expand, where's all this price strength coming from? I can't buy gas or a sandwich with it yet so you're going to need some heavy hands to inject this thing with the juice needed for the next leg up in the absence of broad consumer acceptance on such a short timeframe.