What if the value of the $ goes up and the price of bitcoin goes down?? 
What if the value of bitcoin gose up and the price gose down?? BUY BUY BUY
Topic: How many bitcoins will you buy at 8$? - page 3. (Read 5325 times)
BUY BUY BUY
What if the value of the $ goes up and the price of bitcoin goes down??
Today, I predict that single digits is history 
8$ / BTC
in 3 months
The Plunge!!!
in 3 months
The Plunge!!!
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. 
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?
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.
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.
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.
If it goes to 8 it will go to 5 but if it goes to 13 it will go to 21.
OVER 9000
None, i'll just patiently wait till they drop under 3 or 2 usd... expecting that to happen before the halving of the reward.
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.
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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