It shows $428 right now...
It's interesting to me to watch all of this and read through the forum...exciting. Day before yesterday it was 450 something. Yesterday it was bouncing between 470 and 490...when I finally went to bed (lol it happened to me too!! I get it now!!) it was 496. This morning before noon it was at 438.
I wasn't sure whether to wait or to just jump in at 500 if it hit that but decided to hang tight until I've got a clearer understanding of the whole wallet thing and what to do with it!
Still, I can see where this zone rate is freaking some people out! I'm not confident I have a solid grasp on the market portion of bitcoin or if my "intuitive" strategy is a sound one or a naive one but from taking it all in, I'd want to hang tight and see if the price drops to $100ish and that'd be when I bought "whole" BTC, not sure how much and then set a portion aside to hold and ride the volatility cycle through the ups and downs until down the road when it's introduced mainstream, meanwhile use the rest to actually spend and help do my part sustaining the bitcoin economy...and any time it did drop in the 100 range, repeat. I don't perceive bitcoin as a way to get rich but I think I can see where the appeal is in generating wealth - provided this is correct:
Buy 10 btc at 100 each - value/price increases to 1000, would that make the btc 5k?
Feedback? Sound? Silly?
I am sold completely on btc being the founding virtual currency that is adopted mainstream, and the one that takes hold...and the one whose ultimate value is priceless. I'm in for the long haul...but totally not opposed to buying btc for $100 and a couple months into 2014, each one ends up being worth 5k or more!
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