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Can someone explain how mining a bitcoin costs $2K but buying one = $19K
| Bateful University Striped Hyena | 12/17/17 |
| chocolate trump supporter love of her life | 12/17/17 |
| Bateful University Striped Hyena | 12/17/17 |
Poast new message in this thread
Date: December 17th, 2017 5:49 PM Author: Bateful University Striped Hyena Seems like it's completely overpriced if mining them is so profitable... what other than speculation justifies a $2T cap? (http://www.autoadmit.com/thread.php?thread_id=3832314&forum_id=2#34943666) |
Date: December 17th, 2017 5:51 PM Author: chocolate trump supporter love of her life Do you think it costs a hundred dollars to print a single $100 bill? (http://www.autoadmit.com/thread.php?thread_id=3832314&forum_id=2#34943673) |
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Date: December 17th, 2017 5:53 PM Author: Bateful University Striped Hyena Fiat is based on faith in the government (he vaguely remembered from high school AP econ) But isn't a bitcoin supposed to be something more like gold with an intrinsic value?
I just don't understand the price being so high and trying to |