At what price would you buy 1 BTC ?

[Arv1e]

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

[Searing]

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

[DustyRah]

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.

[DustyRah]

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...

[panju1]

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

[arbitrage001]

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

[spazzdla]

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.

[Searing]

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

[realbtcdealers4real]

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.

[Eastwind]

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?

[arxwn]

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

[Amph]

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

[DustyRah]

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!

[Richard Branson]

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.

[piramida]

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

[arxwn]

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 ?

[lonely@thetop]

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

[Asrael999]

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.

[JimboToronto]

Foolish poll options.

$400 or less?

LOLOLOLOLOLOL

Daydreaming bear wishful thinking.

Get a life.

[spazzdla]

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.