Post
Topic
Board Speculation
Re: It'll be insanity not to buy bitcoin at sub $500
by
ensurance982
on 06/09/2014, 12:13:42 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.

Could very well be. People were devastated that they bought at $200 during the April 2013 bubble, but they'd still be up 150% today! If we look back at these prices when we're at $3500 or so, we'll regret not having bought more coins. Then again, we may go to $10 again...