Post
Topic
Board Speculation
Re: It'll be insanity not to buy bitcoin at sub $500
by
bonipper
on 02/09/2014, 19:58:23 UTC
Actual production cost of one single bicoin is aroundt $530-$550.

In 2011 bitcoins cost more to produce than you could sell them for.

http://www.theguardian.com/technology/2011/oct/18/bitcoin-value-crash-cryptocurrency