Is now a great time to invest in Bitcoin?

[Darth Vader]

Title says it all really. Do you guys think its a great time to invest?

 

[Random]

Not really. IMO bitcoin isn't gonna go up enough for the risk to be acceptable.

 

[Kawaii]

I would wait for this stellar hype to get a little bigger, stellar will die and btc will be the largest crypto still. When btc start dropping start investing, I made the mistake investing 2.5K when btc were 590/btc now they are 560 which isn't looking good for me so far, but I know eventually it will sky rocket again.

 

[Epidemic]

@Junior and @Trojan can explain better then I can, short answer imo is yes.

 

[Damian]

I have a feeling that as more companies begin to accept it the value will rise.
By late this year or early next year I believe that BTC will only start to increase.

 

[Darth Vader]

I have a feeling that as more companies begin to accept it the value will rise.
By late this year or early next year I believe that BTC will only start to increase.

Yeah and thats the problem. Most Businesses dont except BTC.

 

[Damian]

Yeah and thats the problem. Most Businesses dont except BTC.

Not yet.
I questioned a college I've been accepted to about paying in BTC.
They said they're waiting for the currency to gain more credibility and that they had plans to accept it in 2015.
I can only assume that it will follow with businesses.
Crypto-Currency is the way things are going.

 

[Kawaii]

Due to the amount of people gambling their lives away on PrimeDice, it will continue to drop in value.

How would gambling have anything to do with the price at all?

 

[climax]

As Beware said, the gambling is making BTC fall in price.

 

[Trojan]

ITT: People who have no idea what they're talking about.

If you don't know anything about bitcoin, you shouldn't be giving investment advice.

As Beware said, the gambling is making BTC fall in price.

How would gambling have any affect on price? People are panic selling which is causing the price to dip.

As soon as bitcoin reaches mass adoption is when price will really skyrocket.

Dell, First Data, for example are billion dollar companies that are taking a risk on bitcoin, just think if eBay starts to accept them?

They seem to be interested:

http://video.cnbc.com/gallery/?video=3000281677

"eBay CEO John Donahoe explains why he thinks the digital currency will play an important role in the future and weighs in on the power of Amazon."

If anything, coins are cheap right now, good luck.

 

[Darth Vader]

ITT: People who have no idea what they're talking about.

If you don't know anything about bitcoin, you shouldn't be giving investment advice.


How would gambling have any affect on price? People are panic selling which is causing the price to dip.

As soon as bitcoin reaches mass adoption is when price will really skyrocket.

Dell, First Data, for example are billion dollar companies that are taking a risk on bitcoin, just think if eBay starts to accept them?

They seem to be interested:

http://video.cnbc.com/gallery/?video=3000281677

"eBay CEO John Donahoe explains why he thinks the digital currency will play an important role in the future and weighs in on the power of Amazon."

If anything, coins are cheap right now, good luck.

haha for real! I dont wanna lose money so Im trusting you guys on forum korner to give me honest and intelligent advice on bitcoin. Thank you.

 

[Junior]

As Beware said, the gambling is making BTC fall in price.

Are you kidding me? Maybe like a few thousand people actually bet BTC a day, how the fuck would that make BTC even fall in price?

Also lots of companies and businesses have been intrigued by Bitcoin and are finally looking to accept in soon in the near future, Bitcoin will inevitably rise, a lot of analysts also predict that the price will skyrocket at the end of this year. On top of that the more media attention that BTC is getting will cause it to rise, I'd say invest in Bitcoin.

 

[Amp]

Bitcoin has been getting more and more popular, I expect it will rise.

 

[Junior]

http://www.coindesk.com/payza-launches-bitcoin-buying-consumers-190-countries/

Read this, it's an article from yesterday, Payza just announced to their customers they can buy BTC via Wire Transfer which will make it faster and more convenient for people, also for such a huge payment processor to do this it'll definitely bring a lot of attention worldwide to Bitcoin.

 

[APHEX]

How would gambling have anything to do with the price at all?

More people winning larger amounts - btc less concentrated and more evenly spread out - becomes less exclusive and therefore price drops as that's all btc is based on anyway