I have been trying to find a way to buy BTC but ive been on 3 sites where they want $160+
I am predicting a BTC crash, not only is it a pain in the sack to buy them you get gouged by the prices and fees
This seems to be a HUGE hurdle BTC is going to have to get over (getting USD into BTC effectively, anonymously)
it costs something like .000x BTC worth of electricity to generate 1 BTC
I can only assume the only reason BTC maintains ~$140 price is because the majority of coins are held by a few people
BTC has become what it was meant to combat
bring on the flames...
Okay, so because it's hard to buy the value is lower? It's usually the other way around. Demand and supply my friend.
Oh, and the electricity cost is completely and utterly irrelevant in determining the value of a Bitcoin
Good luck buying Bitcoin though! Don't get discouraged and discover x years later you missed out on a 1000x increase because you had to pay 10% more