Post
Topic
Board Speculation
Re: It'll be insanity not to buy bitcoin at sub $500
by
yayayo
on 06/09/2014, 15:20:01 UTC
You have to be half autistic to not see the power of BTC in the future, it doesnt matter how low it goes now.

Yes, exactly half autistic. But if you're full autistic, you'll take one look at the hot air ventilated out of your miner and will know the exact price on 24th December 2024 midnight.


Personally I'm not sure which ones of the calculations presented are right. However, what I'm sure about is that price will not stay substantially below mining costs forever. I'm also sure that the cost of mining is constantly rising due to difficulty increases. Therefore Bitcoin price will also rise sooner or later.

ya.ya.yo!