Bitcoin Price Thread

Discussion in 'Crypto Assets' started by Magna, Nov 26, 2017.

  1. Break-even in five months...that's considered excellent.
    Most, traditional, business ventures takes five years to break-even on your initial capital layout.

    Worst case scenario for you, you make no money...and sell all that stuff back on eBay to instantly recoup 70% of its cost.
     
    #1531     Feb 24, 2018
  2. solonz

    solonz

    But don't forget, the graphics cards are the brunt of the cost.. I mean, graphics cards went from $700 each to over $2200 each because of this boom. You have 5 of those and then the rest of parts arent much $$... So, when this whole thing implodes, those USED graphics cards prob come down to $300 each after you sell them.. When I make an investment, I dont want to just make my money back or almost back, I want atleast double and more the profit. Like my ATM Machines or other vending equipment. I wish i got into bitcoin a while ago, but thisthing reminds me of the RE Market in 2006/7. You buy too late, and kaboom! You look like Wiley Coyote after your ACME Jetpack blows up..
     
    #1532     Feb 24, 2018
  3. Biggest waste of money/electricity/manpower/brainpower in history

    imo this proves way too many people have way too much time on their hands.

    put them to work in the salt mines
     
    #1533     Feb 25, 2018
    vanzandt and rin4et like this.
  4. schweiz

    schweiz

    #1534     Feb 25, 2018
  5. maxinger

    maxinger

    xbt.png

    ha. see yesterday candle.
    perhaps chart is telling us price will hit zero soon.
     
    #1535     Feb 27, 2018
  6. cvds16

    cvds16

    or the chart is just telling you you need a better quote provider ;-)
     
    #1536     Feb 27, 2018
  7. maxinger

    maxinger

    well. nothing much I can do.
    my charting s/w is not cheap, and I have to pay for the data.
     
    #1537     Feb 27, 2018
  8. schweiz

    schweiz

  9. So, bitcoin dump again, fear of US ban?
     
    #1539     Mar 7, 2018
  10. Pekelo

    Pekelo

    It will bounce back to 10.6K, where the big decission which way to go is decided.
     
    #1540     Mar 7, 2018