News about and related to altcoin: all blockchain projects (like Ethereum, NEO, NEM, Stellar, Ripple, Ontology, Nexus, Ardor, Lisk, Ark, OmiseGo, BOScoin) and related currency that exist in addition to Bitcoin.
Hey guys.. i mean the title says it already.. so i was wondering if i should buy BC now.. or is it too expensive rn? will they still go up like crazy? What are your expectations on the future growth of it.. Any suggestions ? or something i should read... like im reallly not into all this Bitcoin stuff but i still have like ~ 3000$ i could spend on BC should i do it or nah?
[uncensored-r/Bitcoin] Is it smart to buy Bitcoin now? While it’s at 7k+ or should I wait for it to drop a little bit?
The following post by Biocider is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7f094g The original post's content was as follows:
I was only going to deposit $100 or so to test the waters.
Considering past market trends, I've held off. When I bought about 70 bitcoins at 3 bucks a piece a little over a year ago, I expected a huge rise but ended up selling them off after I started losing money. You can imagine how I feel now... that said, I feel like this inflation is totally unsustainable. That said, I don't know a huge amount about markets, all I can say is that this looks like a bubble. To those more knowledgeable out there, what do you think? Bubble or sustainable?
Would it be smart to buy bitcoins now while the price has lowered?
Just wondering if it would be wise to purchase BTCs right now while the price has been lowered, i'm assuming the price change is due to silkroad being down? and when it goes back up the price should rise again? anyone know if this is the case, cheers
MicroStrategy's operating cash flow and income have seen a significant decline over the last several years. Its PE ratio is above the industry average. Their Bitcoin buy could be viewed as a Hail Mary to save their business. As long as the business is a long-term going concern, it's a smart move.
Assuming the company's executives are acting in good faith, the Bitcoin they purchase now can serve as a capital preservation and R&D vehicle. Companies will realize that in order to stay afloat over the long-term it makes sense to own some Bitcoin to survive turbulent markets.
Don’t panic? ‘Smart money’ whales are waiting to buy Bitcoin at $8,800
This post was originally published on this siteThis post was originally published on this siteThe price of Bitcoin (BTC) abruptly declined by 10% in a single day on Sep. 4. Following the dip, the sentiment around the cryptocurrency market has become noticeably cautious with the Cryptocurrency Fear & Greed Index flashing “fear” for the first time since July. A massive Bitcoin buy […]
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