I think at this time, it’s very impossible for that to happen. Right now, the lowest price that bitcoin has drop is $1000 based on its chart. If I were you, buy bitcoin now because its value will be double or tripled sooner.
I couldnt aggree more. The vlue of bitcoin will surely only go up! that said, the best time to jump aboard the bitcoin boat is now. too much has been invested into this industry for the price to go down anytime soon.
I don’t think that this is the best time to Buy bitcoin because with its current price point which is 1224$ you are leaving no space for your own safety when the price goes down meaning you are giving yourself on a position with a higher risk. So if I were you I would wait and monitor the price until its next drop because it is possible that it again drop on price lets say maybe 1000$ or below. Buy buying on that price range you know that you have positioned yourself on a good spot having a margin of safety in which if it drops from 1224$ you won’t be affected as you have bought it at a much lower price
You may never know if the price is actually going to correct
For example, when the price first jumped over measly (as it looks today) 800 dollars per coin (after 2013), plenty of people expected it to correct soon but it didn’t correct (if we can call that correction at all) until it reached over 1,100 dollars. As to me, if BTC over BTU debates get resolved soon and SegWit becomes inevitable (with Lightning Network sitting just around the corner), we may see a huge spike in price. In other words, if you don’t want to risk much, just buy small and if they price goes lower buy. But if the price goes higher (and a lot higher at that), you have been warned
Published at Wed, 12 Apr 2017 17:06:01 +0000
[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]
The Peace Plus One – World Sustainability Project is interested in the opportunities afforded to young people in the new economy of Caring Currency. The currency of the 99%.
The concept of Caring Currency is to move from the selfish GREED IS GOOD model of the 1% to a more equitable, distributed wealth model based on the GOOD we individually do for Society, the Environment and the Economy.
bitcoin is one of the early contenders for alternative currency, and an excellent experiment in "alternative worlds" like the , where we ask visitors and new citizens to essentially stay where we are physically, and simply change our perspective to see the beauty and opportunity in the world.
The Be, Buy Boost bitcoin program is a complimentary program in the physical world… to develop the acceptance, adoption, infrastructure and economic ecosystem.. An Alternative Currencies development program to increase the adoption of bitcoin and other cryptocurrencies in everyday transactions.
The PPO-WSP believes this is a critical effort that must be ramped up immediately to avoid alternative currencies just becoming a speculative bubble like tulilps.
Please join us every Wednesday for "3 Finger Wednesday"
By Philip McMaster PeacePlusOne_!/ on 2013-12-04 17:03:45
