Arv1e
Member
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Activity: 71
Merit: 10
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September 20, 2014, 10:35:07 PM |
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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. 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 |
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The trust scores you see are subjective; they will change depending on who you have in your trust list. |
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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September 21, 2014, 12:48:21 AM |
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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
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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DustyRah
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September 21, 2014, 03:13:06 AM |
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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. 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 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. |
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DustyRah
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September 21, 2014, 03:15:49 AM |
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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
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... |
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panju1
Legendary
Offline
Activity: 1246
Merit: 1000
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September 21, 2014, 03:41:11 AM |
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Current price(~$400) seems to be a very good price to get in.
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arbitrage001
Legendary
Offline
Activity: 1067
Merit: 1000
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September 21, 2014, 03:46:17 AM |
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I will buy 10 btc at $200 should it go that low.
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spazzdla (OP)
Legendary
Offline
Activity: 1722
Merit: 1000
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September 22, 2014, 01:07:45 PM |
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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.
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Searing
Copper Member
Legendary
Offline
Activity: 2898
Merit: 1464
Clueless!
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September 23, 2014, 08:52:27 AM |
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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
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... 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 |
Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:) |
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realbtcdealers4real
Newbie
Offline
Activity: 56
Merit: 0
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September 23, 2014, 02:26:08 PM |
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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.
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Eastwind
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September 23, 2014, 07:01:20 PM |
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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? |
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arxwn
Newbie
Offline
Activity: 56
Merit: 0
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September 23, 2014, 07:03:38 PM |
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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
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Amph
Legendary
Offline
Activity: 3206
Merit: 1069
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September 23, 2014, 07:24:45 PM |
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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.
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 |
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DustyRah
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September 24, 2014, 03:29:19 AM |
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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
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... 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 Well, wait long enough and you will catch the 10k with lots of others hodlers! Good luck! |
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Richard Branson
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September 24, 2014, 07:39:02 AM |
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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. |
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piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
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September 24, 2014, 07:54:12 AM |
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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 |
i am satoshi
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arxwn
Newbie
Offline
Activity: 56
Merit: 0
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September 24, 2014, 10:04:02 AM |
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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 ? |
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lonely@thetop
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September 24, 2014, 01:38:40 PM |
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At sub $10. But this is after I sell all of mine to you at $600+
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Asrael999
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September 24, 2014, 01:44:29 PM |
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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 ? apply this basic rule and you will be happy If it flies, f*cks or floats, rent it. |
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JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4482
You're never too old to think young.
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September 24, 2014, 01:48:15 PM |
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Foolish poll options.
$400 or less?
LOLOLOLOLOLOL
Daydreaming bear wishful thinking.
Get a life.
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spazzdla (OP)
Legendary
Offline
Activity: 1722
Merit: 1000
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September 24, 2014, 03:31:03 PM |
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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. |
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Poll
