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Topic: So it's fair to say bitcoins are worth $5 bucks? (Read 3127 times)

hero member
Activity: 518
Merit: 500
It's difficult enough to set price on bitcoin, isn't it? Why don't we just say it is worth $100 for all of our sakes?

Good idea, I agree.
Now, you want to buy my bitcoins?
Cheesy
full member
Activity: 196
Merit: 100
I bought a big crap load when they hit $4
jr. member
Activity: 35
Merit: 4
5 seems like a nice number.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Quote
So it's fair to say bitcoins are worth $5 bucks?

No.

It is fair to say bitcoins are worth $5.

or

Bitcoins are worth 5 bucks.

But it is not fair to say bitcoins are worth $5 bucks.

 Grin
hero member
Activity: 602
Merit: 502
Well in July we pretty much had the same thing and look what happened.

Exactly. Look at the last 10 days of July. At the time everyone said that a bitcoin was worth $14.
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
Well in July we pretty much had the same thing and look what happened.
legendary
Activity: 1876
Merit: 1000
Its a belgian forum, 9lives. 5870s going for 125 euro. 5850s for ~90

Crap, too bad, I'm in USA. Shipping kills the savings. Thanks

I seen a 5870 on ebay last night for 175 usd.    that is about the same.
full member
Activity: 168
Merit: 100
I like the price range BTC has been sitting in recently. Not too little, not too much.
hero member
Activity: 518
Merit: 500
Its a belgian forum, 9lives. 5870s going for 125 euro. 5850s for ~90
hero member
Activity: 518
Merit: 500
You can already see the effect on prices for used 5850s and 5870s. A local forum where I usually buy my second hand stuff is getting flooded by ex miner cards, and they are going cheap or not getting sold. Im holding off a bit longer, when the real fire sale begins. Then pick up a bunch and hopefully enjoy a profitable few months if BTC price starts to rise and difficulty lags enough.
legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
Looks like nobody is making money off these things due to electricity costs... but Hey! Atleast we are getting expensive video card hardware for free in the end Wink

I can see it now... everyone that was into bitcoins now turns into a "Used Video Card Retail Store" LOL
legendary
Activity: 1876
Merit: 1000
Bitcoins are worth thousands of dollars. We'll see how long it takes for people to realize this Smiley

I agree with this.  problem is I have to give up about 2/3 just to pay the electric  Sad

I think the very bottom is cost of electricity to produce..  so roughly 3? 3.5?
newbie
Activity: 24
Merit: 0
I figure if it's a little more stable now, maybe it'll be more useful. Of course, trying to sell a lot of coins at once in such a shallow market isn't going to work very well, so I'm limiting myself to only a handful.
full member
Activity: 210
Merit: 100
I agree with the OP, if anything it has hit long term support. I've bought in for the first time, 15 BTC initial investment.
hero member
Activity: 518
Merit: 500
Bitcoins are worth thousands of dollars. We'll see how long it takes for people to realize this Smiley

If you realize it already, you can buy all my bitcoins for just hundreds of dollars Smiley
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
Bitcoins are worth thousands of dollars. We'll see how long it takes for people to realize this Smiley
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I prefer the term 'cheap' to stable. Wait for it...
legendary
Activity: 1050
Merit: 1000
We're not anywhere near term 'stable' but they're worth 5 bucks at the moment =) can we find at least one person who is certain the same rate will be in a month, two, six, etc.? we're not even certain of tomorrow as it can shoot off the charts in either direction at any moment
hero member
Activity: 756
Merit: 500
Set!  How many bitcoins do you have?  I am willing to buy them all up at $2.51 Smiley
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
we'll meet in the middle then, $2.51 it is!
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