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Question: How many bitcoins will you buy at 8$?
10's - 32 (21.8%)
100's - 55 (37.4%)
1,000's - 24 (16.3%)
10,000's - 6 (4.1%)
>100,000BTC!!! - 30 (20.4%)
Total Voters: 147

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Author Topic: How many bitcoins will you buy at 8$?  (Read 5252 times)
adamstgBit (OP)
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October 25, 2012, 05:14:14 PM
 #1


tvbcof
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October 25, 2012, 06:28:33 PM
 #2

I'd happily buy 100,000 BTC for $8.00, so that's the way I voted.

That said, I won't be buying any more BTC for until the rate get's below $2.00/BTC.  That was my plan when I made my last acquisition (in the near $2.00/BTC range) and has not changed.  What has changed is that I don't keep a store of fiat entrusted to an exchange in order to make the next purchase since I don't see the rate I want as being eminent, and if we do get a sudden down-spike to those levels I may wish to re-evaluate since it may indicate a problem with the Bitcoin solution itself.


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kwukduck
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October 25, 2012, 07:00:12 PM
 #3

None, i'll just patiently wait till they drop under 3 or 2 usd... expecting that to happen before the halving of the reward.

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legitnick
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October 25, 2012, 07:30:44 PM
 #4

OVER 9000

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ElectricMucus
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October 25, 2012, 07:34:44 PM
 #5

I'd rather buy at 13.

If it goes to 8 it will go to 5 but if it goes to 13 it will go to 21.
BitcoinCoffee.com
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October 25, 2012, 07:36:25 PM
 #6

I have no idea what the value of bitcoin should be, but i think a lot of people that are banking on bitcoins shooting up in value after the reward are in for a shock.  those people have been driving the price up beyond its street value .  just my $.02

The superior efficiency of asic mining will yield differences in btc price (at first, for a couple/few months) when accounting for the reward halving, but the capacity of the electrical efficiency will surely promote a net increase the value of btc.

byronbb
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October 25, 2012, 07:45:37 PM
 #7

None, i'll just patiently wait till they drop under 3 or 2 usd... expecting that to happen before the halving of the reward.

You think the price is going to drop to 2-3 before December??? That would be something.

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October 25, 2012, 07:52:27 PM
 #8

I would buy BTC2000 at $8. Saying "will" implies that a drop to $8 is certain to happen at some point in the future. Why so pessimistic?

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October 25, 2012, 08:18:08 PM
 #9

A temporary drop would be optimistic from a buyer's point of view. But if I were bearish about Bitcoin's longer-term prospects I wouldn't have put down a single satoshi on any mining equipment. Smiley

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adamstgBit (OP)
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October 25, 2012, 08:24:29 PM
 #10


8$ / BTC
in 3 months

The Plunge!!!



Kupsi
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October 25, 2012, 08:28:28 PM
 #11

Today, I predict that single digits is history  Cheesy
legitnick
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October 25, 2012, 08:43:06 PM
 #12

What if the value of the $ goes up and the price of bitcoin goes down??   Grin

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adamstgBit (OP)
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October 25, 2012, 08:47:40 PM
 #13

What if the value of the $ goes up and the price of bitcoin goes down??   Grin
What if the value of bitcoin gose up and the price gose down??  Grin

BUY BUY BUY

cloon
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October 25, 2012, 08:50:38 PM
 #14

all pay attention please
we now know that adamstgbit's bitcoins average value is around 8USD...  Tongue

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SkRRJyTC
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October 25, 2012, 09:48:32 PM
 #15

all pay attention please
we now know that adamstgbit's bitcoins average value is around 8USD...  Tongue

Or he is at least planning on making a buy there.
Adrian-x
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October 26, 2012, 12:19:05 AM
 #16

I am in @ $6, - 0 is missing from the pole

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October 26, 2012, 05:01:48 AM
 #17

I am in @ $6, - 0 is missing from the pole
+1 for the missing option
I'd only buy at $6 if it dropped to $5 and started back up.
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October 26, 2012, 06:00:28 AM
 #18

At $8, I'm holding out for a lower price.

A crash in price could benefit early ASIC adopters in the short term by slowing sales of ASIC devices.  So there is incentive to make that happen.


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Kupsi
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October 26, 2012, 11:00:08 AM
 #19

Been there, done that... Let's move up  Cheesy
BCMan
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October 26, 2012, 01:21:11 PM
 #20

 None. SELL, SELL, SELL!  Grin
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