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When to buy LTBcoin?

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NickNZ

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Location: New Zealand

I believe the price of LTBcoin will be significantly higher in the long term due to all the great work the team is doing and an increase in demand for Bitcoin news as it becomes more mainstream. I would like to buy some LTBcoin and was wondering when people think a good buy time is? Will the price go down for the next few months because of the distribution system or will it increase as more content is provided and there is an increase for ad space? My thoughts are that it will drop or stay low for 3 months then start to slowly increase.

Posted on July 26, 2014 at 4:38 AM

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• rotalumis

  

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  It's all one big experiment and you can expect a good deal of volatility in the early days, so it's very hard to tell when is the best time to buy. This is not investment advice or anything, but a strategy some people like to use in such a case is to buy whatever asset over time in small amounts so the rates you get average out.

  Posted on July 26, 2014 at 6:38 AM
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• tonyk

  

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  @rotalumis It's all one big experiment and you can expect a good deal of volatility in the early days, so it's very hard to tell when is the best time to buy. This is not investment advice or anything, but a strategy some people like to use in such a case is to buy whatever asset over time in small amounts so the rates you get average out.

  Yes, I double that. Buy some now, buy more in 2-4 weeks and so on.

  Posted on July 26, 2014 at 6:56 AM
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• cryptochief

  

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  Location: Oxford, MS

  I agree with the guys above. You should also make sure you're participating in the community by listening to the podcasts, commenting, and posting so that you can earn some for "free" while you're deciding what to do about a real investment.

  Posted on July 26, 2014 at 7:26 AM
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• popinjay

  

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  Nobody can really time any market. Your best bet is to just buy if you believe the price will rise in the future. That or just buy a little bit every week until you have as much as you want

  Posted on July 26, 2014 at 8:11 AM
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• CrimsonRoze

  

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  Location: Göteborg, Sweden

  The best time in my opinion, is late next week.

  Let me motivate that:

  This weekend is the last weekend for the freebie-bonus (5 post bonus). After this weekend, only those who activaly participate will get LTBCOINs and that I believe will be when the sell pressure on the market is diminishing. Why do I believe the sell pressure comes mostly from these freebies? Because the people that's actively participating see the value and while there might be a few fools around, most people should be well aware of how strong the uptake in both quantity and quality have been since the release.

  Selling off the tokens that is the only way to aquire advertisment to a growing and targeted audience is an obvious sign of lack of faith in the ideas, peoples and projects building the digital economies of tomorrow.

  People who joined to get the freebie might be such fools, but the people that stay.. lets just say there are fewer fools in that crowd.

  No disrespect meant to anyone, fools included.

  Posted on July 26, 2014 at 8:35 AM
  Last Edited: July 26, 2014 at 8:35 AM
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• TheWittyHawk

  

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  @crimsonroze The best time in my opinion, is late next week.

  Let me motivate that:

  This weekend is the last weekend for the freebie-bonus (5 post bonus). After this weekend, only those who activaly participate will get LTBCOINs and that I believe will be when the sell pressure on the market is diminishing. Why do I believe the sell pressure comes mostly from these freebies? Because the people that's actively participating see the value and while there might be a few fools around, most people should be well aware of how strong the uptake in both quantity and quality have been since the release.

  Selling off the tokens that is the only way to aquire advertisment to a growing and targeted audience is an obvious sign of lack of faith in the ideas, peoples and projects building the digital economies of tomorrow.

  People who joined to get the freebie might be such fools, but the people that stay.. lets just say there are fewer fools in that crowd.

  No disrespect meant to anyone, fools included.

  Is the bonus people get really that significant to the experiment as a whole? While getting to those 5 posts do provide someone with extra, the 8k amount that I have seen posted around as the bonus doesn't seem to be that much when there are millions being sent out every week. People still had to contribute to get that bonus so I don't really see all that much changing in the near future. They would still be getting a significant portion of LTBc for any participation since we are still early in the game.

  Posted on July 26, 2014 at 8:48 AM
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• CrimsonRoze

  

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  @thewittyhawk Is the bonus people get really that significant to the experiment as a whole?

  • To the experiment? no.
  • To the market depth and selling pressure? yes.

  There is less than 1 million LTBc in the melotic order books atm, most at prices that sees no action. The daily volume is low, most days it's well under 1 BTC of volume, which means less than ~250,000 LTBc.

  Remove all those who do not participate and who sells just because they can, and the transaction volume is expected to shrink further - until those who need it for advertisment starts putting buying pressure on the orderbook. With airtime going for 50,000+ and weekly adspace on the front page for a couple thousands it's mostly a matter of time.

  About one week, is my personal guess.

  Posted on July 26, 2014 at 9:07 AM
  Last Edited: July 26, 2014 at 9:08 AM
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• TOPLEL

  

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  there is a market here on the forum?

  Posted on July 26, 2014 at 9:22 AM
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• three blind dice

  

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  @toplel there is a market here on the forum?

  From what I have seen everything is under "The Bazzar" on the left.

  Posted on July 26, 2014 at 10:25 AM
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• ChainRadio

  

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  I say spread your buying out but that we will see what the prices do in the next week or so after the bonus has ended. It certainly seems like buying is a good idea but I'm no financial expert ;)

  Posted on July 26, 2014 at 10:57 AM
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