Post
Topic
Board Speculation
Re: It'll be insanity not to buy bitcoin at sub $500
by
Asrael999
on 03/09/2014, 08:54:29 UTC
Actual production cost of one single bicoin is aroundt $530-$550. Any price below $500 is a steal. Buy now or regret years later. With difficulty ever increasing miners are getting screwed now cause anyone mining now is running at a loss.

Evidence Please?   This might be true of people who have to buy overly expensive miners - this is not true for those who have desigened and built their own chips.