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Showing 4 of 4 results by ballgum
You're asking if it's a good idea to invest into bitcoin on a forum where most people have a financial incentive in seeing bitcoin rise 
I would wait until the 50k silk road coins are auctioned off, but that's just me.
I would wait until the 50k silk road coins are auctioned off, but that's just me.
Why would you wait for that? Do you mean you would buy at the auction, or do you mean you'd wait to buy bitcoins in general after the auction because price will be lower?
Thanks again!
Regarding the auction, Go listen to UDEMY lectures as it will help explain. The silk road auction is selling 40,000 BTC off so its a lot to dump onto the market. If the buyer is looking to acquire BTC its not an issue BUT if he is looking to buy at a discount and then 'dump' its a lot for the market to absorb without having a detrimental affect.
Saying that, a guy did put a limit order onto bitstamp about 2 months ago selling 30,000 at $300 during a bear period and that order got filled within 5 hours and then the price rose to $370
He is suggesting that the sale may have a negative affect on BTC price so maybe wait until then.. Back to why I said... If you are in for a long time then buy and wait
I will check out the lectures thanks for the info
OK thanks a lot guys...
It seems more speculative on this forum (some say yes some say no), then what I was reading. What I was reading was some article saying bit coin about to shoot really high due to companies adopting it into the mainstream like amazon, etc
I have bought and used bc before (although my understanding of it is limited).
Hmm it seems to be back up now, I may wait to see if it goes down after the auction to buy 1-3 coins.
It seems more speculative on this forum (some say yes some say no), then what I was reading. What I was reading was some article saying bit coin about to shoot really high due to companies adopting it into the mainstream like amazon, etc
I have bought and used bc before (although my understanding of it is limited).
Hmm it seems to be back up now, I may wait to see if it goes down after the auction to buy 1-3 coins.
You're asking if it's a good idea to invest into bitcoin on a forum where most people have a financial incentive in seeing bitcoin rise
I would wait until the 50k silk road coins are auctioned off, but that's just me.
I would wait until the 50k silk road coins are auctioned off, but that's just me.
Why would you wait for that? Do you mean you would buy at the auction, or do you mean you'd wait to buy bitcoins in general after the auction because price will be lower?
Thanks again!
Hi, I'm sorry for the newb thread, I'm not sure this is the right place, so I apologize if not.
I don't have much money, but have enough to invest in a few coins. Rumor is bitcoin us being adopted mainstream and will shoot up in value soon? I want to buy a couple coins while prices are low.
My questions are
1. Do you guys think bitcoin will shoot up in value (a good investment)?
2. Should I invest now, OR will prices go lower before the go up?
I've already been verified, so buying won't take days for me to verify my info.
Thanks
I don't have much money, but have enough to invest in a few coins. Rumor is bitcoin us being adopted mainstream and will shoot up in value soon? I want to buy a couple coins while prices are low.
My questions are
1. Do you guys think bitcoin will shoot up in value (a good investment)?
2. Should I invest now, OR will prices go lower before the go up?
I've already been verified, so buying won't take days for me to verify my info.
Thanks