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Mining speculation
Re: Does BTC need to be over $2,000 in 2014 for mining to be profitable?
by
An amorous cow-herder
on
16/12/2013, 12:00:42 UTC
Quote from: svetbg on December 12, 2013, 05:42:11 PM
According Bank of America the
current
actual price of 1 BTC is around $1300.
You can check the analysis here:
http://cryptome.org/2013/12/boa-bitcoin.pdf
Its not current actual value. That analysis is assuming Bitcoin actually matures and gets used (like 10% of online payments).