At what price would you consider bitcoin "cheap"?

2k

About 2k. At that point you're basically just buying garuanteed future money

$0 is too expensive
You'd literally have to pay me to take it

Just sold 100k

Sub 1000. 500 is the point I consider conservatively. The higher it goes the more volatile it is. I wish for it to actually become a fucking currency and in its current state of being wash traded by teenagers it is not possible. More people are catching onto that fact and it is showing in the market. Especially near 20k when it took a trillion dollars and 7 weeks to send or receive btc. I miss the days I could actually buy shit on steam or drugs.

Theres this wonderful thing called bitcoin cash. Check it out.

Tied to daddy and normies have no idea what it is or cares. Alts in general are speculative beanie babies. Especially something that literally forked for free and caused the massive bubble in the first place. BCH makes tether look innocent for the problems we are seeing in the market today.

1 cent.

Whatever is considered cheap for all the other shitcoins like it.

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If BTC goes to 2k. You're basically guaranteed a 4x by the end of the year. Best case scenario, BTC goes to 50k by January, worst case, BTC will rebound to 15k.

>At what price would you consider bitcoin "cheap"?

under 100

>At what price would you consider bitcoin "cheap"?

I say under 100 but really its network does not warrant that. Its the price I would consider buying it again because of the amount of legacy systems that function with it..

i would have said $3000 but if it were to go that low then obviously something is so fucked up that it could likely never recover from it. Therefore $6000 is probably the lowest you could go and be able to consider it a good buy.

its cheap now

It's cheap now and if it goes to 4k I'm selling all worldly possessions and working the street corners to buy

All these DUMBASS day traders and their bots RUINING crypto. Buy and hold. It's that fckin simple ... then dump when BTC reach 50K.

Thanks for the TA

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So you want a literal ponzi. Go hang in a PoWH thread.

No I'm in this for the advancement of blockchain technology.

Then you want btc at sub 1000 dollars so it can be usable. Alts are not dethroning it any time soon.

When it's near the bottom of the Bollinger Bands and 4h RSI is about to show bullish divergence.

The only thing you want to HODL in a bear market is cash. Buy and hold works fine in bull markets, but it's irresponsible to give that out as advice in a bear market.

1400-1500 is a good entry point

1-2K

$2000. I personally don't believe it will go below that, anyway.

no one gives a fuck about you, you poorfag stoner, thats why you'll never amount to anything more than becoming your own father. High price bitcoin is good because it helps whales move cash quickly and without much government intervention (if you know what you're doing), this then perpetuates upward price movements as more whales buy in to move money or secure parts of their assets in an immutable digital ledger.

This guy gets it.

$100

When people say "digital gold", they mean "this thing is actually a useless piece of shit, but if I pretend like it isn't, it won't depreciate."

$2000 or less.

You'd literally need to pay me to take it. It's overhead and effort for no advantage. Why add complexity to my life? I can already pay for things with money. Why convert my money to Itchy and Scratchy money? Because it's more fun?

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This user gets it.

Anything

literally this

Probably won't go below 4k. The spec value is 20k+ now.

im surprised no one updated this for bitcoin yet

>solves a problem that wasnt there in the first place
> slow
> cant scale
> expensive
> no central bank backing
> deflationary (yes this is bad)
> total unhealthy volatility
+ a lot of other downsides (hackers, accidental loss, ...)

Blockchain as a tech has a future.
Bitcoin is pure speculation at this point and has become a closet ponzi.
I would not put big money into this again (pulled out all 40k three weeks ago when i reached my initial again).

Do you reckon simpsons knew about bitcoin all along and this scene was just an analogy.. really makes you think
Pic related: another analogy

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a couple of years from now, they'll be posting screencaps of retards FUDing BTC at current prices. People never fucking learn lol

These are your arguments? Literally every point you made is why Bitcoin was made.

About tree fiddy. Actually about

I get 10 bitcoins when goes down @ $100

If it was that low it would get bought up instantly.
Nobody would be able to sell at that price
People would be trying to buy at that price
It's almost like you don't understand how a market works.

It's a gradient
At $4,000 I would start to think of it as a good buy and likely snatch some up after talking a look at other market factors

At $3,500 I might consider it 'cheap'

And at $3,000 I would SMASH that BUY button and leave a comment in the comments section below and wouldn't forget to subscribe if I hadn't already and I'd make sure to follow on twitter, facebook, blockfolio, and instagram for all the latest updates

yeah please read my whole post and not only the bank hating and deflationary points. also bitcoin was not made against banks or decentralization but in its core to solve the byzantine generals problem from the field of distributed computing. that decentralized shit is just marketing make-up what came out of this.

en.m.wikipedia.org/wiki/Byzantine_fault_tolerance#Byzantine_Generals'_Problem