At what price would you buy 1 BTC ? - page 2.

DustyRah

sr. member

Activity: 533

Merit: 251

Quote from: Searing on September 20, 2014, 07:48:21 PM

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...

DustyRah

sr. member

Activity: 533

Merit: 251

Quote from: Arv1e on September 20, 2014, 05:35:07 PM

Quote from: DustyRah on September 20, 2014, 05:22:29 PM

Quote from: hotsaucee on September 20, 2014, 06:37:28 AM

Quote from: Eastwind on September 20, 2014, 06:14:28 AM

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.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

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

Arv1e

member

Activity: 71

Merit: 10

Quote from: DustyRah on September 20, 2014, 05:22:29 PM

Quote from: hotsaucee on September 20, 2014, 06:37:28 AM

Quote from: Eastwind on September 20, 2014, 06:14:28 AM

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

DustyRah

sr. member

Activity: 533

Merit: 251

Quote from: hotsaucee on September 20, 2014, 06:37:28 AM

Quote from: Eastwind on September 20, 2014, 06:14:28 AM

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!

bitcoinbot

full member

Activity: 357

Merit: 130

Quote from: edwardspitz on September 20, 2014, 01:20:28 PM

Getting one at $415 will be a good deal. $412 is even better if you can get it. The question is: Will you take it?

Like $3 means anything in the grand scheme.

edwardspitz

sr. member

Activity: 546

Merit: 250

Getting one at $415 will be a good deal. $412 is even better if you can get it. The question is: Will you take it?

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: WhatTheGox on September 20, 2014, 07:53:16 AM

any price tbh

+1 that. you missed the obvious option in your silly poll, OP.

bitcoinbot

full member

Activity: 357

Merit: 130

tree fiddy

Unbelive

full member

Activity: 210

Merit: 100

Invest & Earn: https://cloudthink.io

Best price would be for a donut.
That way would mostly stay same. And much more people would start using it, since all loves donuts.

WhatTheGox

legendary

Activity: 812

Merit: 1000

any price tbh

alexeft

legendary

Activity: 854

Merit: 1000

At $5

vipgelsi

legendary

Activity: 1736

Merit: 1001

Depends if its cheaper to buy or mine it.

Eastwind

hero member

Activity: 896

Merit: 1000

Quote from: hotsaucee on September 20, 2014, 06:37:28 AM

Quote from: Eastwind on September 20, 2014, 06:14:28 AM

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.

That would be a point where miners shut their rig to cut loss, or you can say they are desperate. So the selling pressure from miners is lowered. That would indicate a short term bottom.

manrus

legendary

Activity: 1334

Merit: 1004

TTM

At 130$

t1tans

newbie

Activity: 14

Merit: 0

I always buy it regardless of market price.

hotsaucee

full member

Activity: 154

Merit: 100

Quote from: Eastwind on September 20, 2014, 06:14:28 AM

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.

Eastwind

hero member

Activity: 896

Merit: 1000

If the price of BTC is below the cost of 20-30% of miners, then it is the price to buy.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Searing on September 19, 2014, 08:14:08 PM

I bought 1 BTC today to add to my hoard of 50 btc (yea...51.41 btc now)

anyway bought 1 BTC at $380.01....

WTF BTC either works or I will make a bigger splat and be last man standing

(good to have goals ...everyone should have at least 1 speculative quest in their life even if it is foolish in hindsight!)

does get the old blood pumping though (for right or wrong reasons) when the price goes under $400 usd heh?

so it goes...the ways of BTC are mysterious to me short term and just hopeful long term as an investment
strategy ..it probably sucks

I agree here. I am a buyer today. I would buy BTC at all the above prices. In the red already from the price I bought more BTC ($399), but I still think that is cheap. I think that most people are going to look back at this week as a missed opportunity. There is too much money involved in BTC business development, and way too many smart minds behind these companies/technologies to allow it to fail at this point.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

I bought 1 BTC today to add to my hoard of 50 btc (yea...51.41 btc now)

anyway bought 1 BTC at $380.01....

WTF BTC either works or I will make a bigger splat and be last man standing

(good to have goals ...everyone should have at least 1 speculative quest in their life even if it is foolish in hindsight!)

does get the old blood pumping though (for right or wrong reasons) when the price goes under $400 usd heh?

so it goes...the ways of BTC are mysterious to me short term and just hopeful long term as an investment
strategy ..it probably sucks

Topic: At what price would you buy 1 BTC ? - page 2. (Read 3619 times)