Bitcoin Forum

Bam

fiddy five

no all of the above? :D

add this option: i don't want btc at all.

I bought 1 BTC today to add to my hoard of 50 btc (yea...51.41 btc now)

anyway bought 1 BTC at $380.01....

WTF BTC either works or I will make a bigger splat and be last man standing

(good to have goals ...everyone should have at least 1 speculative quest in their life even if it is foolish in hindsight!)

does get the old blood pumping though (for right or wrong reasons) when the price goes under $400 usd heh?

so it goes...the ways of BTC are mysterious to me short term and just hopeful long term as an investment
strategy ..it probably sucks

I agree here.   I am a buyer today.  I would buy BTC at all the above prices.   In the red already from the price I bought more BTC ($399), but I still think that is cheap.   I think that most people are going to look back at this week as a missed opportunity.   There is too much money involved in BTC business development, and way too many smart minds behind these companies/technologies to allow it to fail at this point.

If the price of BTC is below the cost of 20-30% of miners, then it is the price to buy.

Care to elaborate on this.. I'm interested in what you're getting at.

I always buy it regardless of market price.

At 130$  ;)

That would be a point where miners shut their rig to cut loss, or you can say they are desperate. So the selling pressure from miners is lowered. That would indicate a short term bottom.

Depends if its cheaper to buy or mine it.

At $5

any price tbh

Best price would be for a donut.
That way would mostly stay same. And much more people would start using it, since all loves donuts.

tree fiddy

+1 that. you missed the obvious option in your silly poll, OP.

Getting one at $415 will be a good deal. $412 is even better if you can get it. The question is: Will you take it?

Like $3 means anything in the grand scheme.

You have to investigate available hardware and then compute their mining ability taking into consideration other costs such as electricity, administrative costs etc.

To be quite honest, traders have got into this game since end of last year and the whole thing is messed up now. Its basically a dog eat dog world since traders don't intend to HODL and simply want to ride the wave to make a few bucks.

Unless you are smarter than the traders in the game, you won't make money, since they will take your money!

Traders aren't smart. They just buy and sell and sometimes win and sometimes lose.

If you believe in the technology then its a simple decision

1 is bitcoin here to stay

2 does $400 represent good vlue

3 is it likely to increase in value over 2/3 years

4 Buy and wait

I bought in yesterday at near the low $380.01 usd for 1 BTC

placed my bets...(now of course have confirmed that it is gonna tank further I always pick the wrong time....don't ya know)

anyway ..holding all I've ever made or bought

if BTC tanks and I follow it down buying ..in my obsessed manner...I will have lots and lots of Bitcoin

*much like the old pc equipment in the attic...quantity vs quality*

well better then collecting cats in my old age....usb stick is much less hassle for an obsession

(good to have goals)

so I will meet you at the top or at the bottom of the hill.....I'm holding it all and prob (modestly) going to add more

All 4 points you mentioned is something NO ONE knows the answer to so what's the point mentioning it? Not all traders are fools, there are those who have proper emotional control and think logically and know when to cut loose and take profits. In fact, traders love volatility which brings around a lot of chops as they ride waves.

What's your goal? For example, if you get 10%($38) profit, will you cut loose and take it and wait for another entry point? Making 10% quickly is better than being left hodling the bag...

Current price(~$400) seems to be a very good price to get in.

I will buy 10 btc at $200 should it go that low.

Lots of people buying 1 BTC at $400 it seems.. 

If you didn't actually go out and buy 1 BTC at $400 and answered yes then the poll is widly off.. I believe this happend.. This wasn't suppose to be if you had the cash you would buy it... It was suppose to be you would actually go take $400 of your cash when it hit $400 and go buy.

We can see a few people legit went and bought.  I am a buyer of .5 BTC @ 400usd.

Naw my goal is to accumulate bitcoin...if it works i get a super model wife..if it don't work i lose 3% of my entire net worth big whoop

only other way to get super model wife is to win lottery...

so i'm in it till it goes to the moon or goes benie baby (which means i'll have lots of btc...pretty much worthless but lots don't ya know)

I'm too stupid to know when to price getting/buying in/out etc

You have to ask yourself: At what price the average joe (99% of citizens) would buy 1 BTC?

Personally, I cant afford to risk my fiat on this for less than 100USD or so.

Does it mean you will not buy any in the future?

Yes match a floating abstraction backed by the most destructive army the world has ever seen with a voluntary mathematicaly secure system of value exchange.
The worders of bias, cognitive dissonance and price discovery

99% can afford to buy it even now, maybe not 99%, bnut not 1% either, i think 20-30 % can afford the current price easily

Well, wait long enough and you will catch the 10k with lots of others hodlers! Good luck!

10k per BTC won't get you a supermodel girlfriend.
Even with 1k BTC and I highly doubt that he was able to accumulate that much.

And if he holds 1 Mio in $, gold or other currency, he can easily get 10-20% profit every year without bitcoin.
There are easier and less risky ways to increase your wealth without bitcoin (if you have enough cash to start with). For poor beggars BTC are something like a lottery ticket. A tiny chance to win.

supermodel wife is such a silly wish :) they usually come with an awful temper, and her beauty you will get tired of in 2-3 years maximum. so you are left with a bad tempered old model with saggy boobs who will blame her misfortunes on you. ouch.

just a word of advice. better marry a kind average girl and get a supercar instead. that combo, at least, won't fuck your brain daily :)

Supercar can get you laid with easy women every day. Why would you want one of them forever ?

At sub $10. But this is after I sell all of mine to you at $600+

apply this basic rule and you will be happy

If it flies, f*cks or floats, rent it.

Foolish poll options.

$400 or less?

LOLOLOLOLOLOL

Daydreaming bear wishful thinking.

Get a life.

I think the problem here is you are a moron.  Your comment makes zero sense.

I HIGHLY.. HIGHLY doubt all 32 people that claimed the would buy a BTC at $400 actually went out and bought 1 BTC when it was earlier this week...

If you don't have $400 you cannot go out and buy at that price you cannot afford it..  There is zero chance we would of broken $400 if half of bitcoiners were ready to drop $400 on one BTC when it hit that price..


Conclusion:  ATTEMPT TO FIND AVG BUY SUPPORT FOR 1 BTC... UTTER UTTER FAILURE.  I think maybe 10% of people that took this poll understood you cannot go out and buy 1 BTC at $400 when you are in highschool with zero income.

A better poll would be the age of the bitcoin holders

  I'm not buying anymore. I'm going to hold what I've got and see what happens.
  If BTC turns to shit then I wont really miss what i'll have gambled.
 
 

99.99% of people out there can't and even if they can, aren't going to spend 400$ on a bitcoin, so i fear the price keeps crashing, and I fear people just don't see the appeal in owning less than 1 BTC. 1 BTC gives you an instant dopamine rush, 0.012 BTC sounds like shit and that's what most people could afford (im talking middle class, not even considering poor countries).
If it goes to double figures, im going to buy as much as possible, because I know it will eventually reach six figures, but the question is... how do we know we are in front of the opportunity of our lifetimes, or we are catching one of the biggest falling knives ever.

As long as USD is doing good and the stock markets are on the upside, money won't flow into BTC and we will see sustained BTC price drop. That said, its a good price right now to hoard up and become one of the HODLERS.

End of year is generally when BTC makes its run, hopefully money will come flowing into BTC starting October.