Quote from: pieppiep on August 27, 2017, 09:18:42 PM

Quote from: richardsNY on August 27, 2017, 06:47:04 PM

Quote from: Silberman on August 27, 2017, 06:08:48 PM

It seems that we need to change the question to are we going to see prices below 4000 in the near future? I think that is possible but at the same time I have no doubts that the price is going to go even higher very soon to the point that is going to be impossible to get below that price of 4000 ever again, so look for opportunities to buy bitcoin when it goes below that price.

People have always been saying that we won't see the price fall below x price again, but this market has taught us that it WILL fall below these levels. The only thing is that it might take a while, but that's not much of a big deal for people who have the patience to keep waiting for that opportunity. I personally am not really that much interested in buying at sub $4000 levels, unless we fall back to levels close to $3000.

As we know that anything is possible with bitcoins one bad news and price is down but I don't see it happening soon as price is increasing now and it may go even higher in next few days and yes the current price is too high to buy bitcoins so I will hold the coins that I have and see how price behaves in next few days and if it touches $5k then I will sell some of my coins.

We have seen minor corrections today, the question is, can casual investors willing to buy into this dip? for me, I still won't buy it because the price is still too high for me. For me, I cheapest price I'm more willing to buy is $3000. It is possible for the price go that low, absolutely because as you have said, anything is possible. I already stock up some bitcoin so I'm not in a hurry to buy, unless I have some extra cash to put today.

It really depend on the individual though, if he really wants to get in right now, he can buy to this dip, but for most of us who have save enough bitcoin, we are going to wait for the price to go cheap before stashing more.