Quote from: Merribourne on November 04, 2014, 01:36:51 PM

Quote from: bigmanintown on November 04, 2014, 01:17:07 PM

As for the price of bitcoin and litecoin my own opinion is that it is a VERY good time to buy as it is so low at the moment. The majority of market experts are predicting a $1000 bitcoin early next year with a price spike at $1500 just before it settles... I am inclined to believe them as more and more vendors start accepting crypto and more legitimate businesses are started.

Hi, Cisco (CSCO) shares were $77 in March 2000 then $38 in December 2000. I'm sure plenty of people saw this as a good opportunity to buy at $38 but sadly the closest it got was $33 in 2007 and now it's at $24.

If it isn't too personal a question, do you personally own a lot of bitcoin and litecoin and are you stocking up at this point?

I think we all get the gist of your example but just for the record. CSCO split in March of 2000. As long as you didn't buy in March of 2000 you were golden. Price was in the $40 range in Jan.