Post
Topic
Board Economics
Re: BlackRock Chief: Bitcoin is a Bubble
by
smokeydog
on 24/10/2017, 22:11:10 UTC
I think the current price will not go much higher than $7,000. If it does, I will be very surprised!!!

If mining costs are around 1000, why is 6000 - 7000 rational?  To far out for me,  I sold and will not buy until the mining V market price spread closes.  I still can't use bitcoin at any place I need to do business and that forces me to the exchanges which defeats the whole purpose.