Ask HN: Is anybody actually buying Bitcoin at the current price?

2 points by 5trokerac3 ↗ HN
Is the actual market driving this surge or is it all speculative BS?

3 comments

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This is not a joke. I'm buying as much as possible on credit cards, maxing out, going all in 100%.

If I'm being honest, I don't expect this to work out well for me. But my life can be tremendously boring, and the only thing that excites me is crazy risk seeking behavior.

I'm working on it with my psychologist, I hope he fixes me and I sell the BitCoin and pay off these cards before the bubble pops. But it probably won't happen.

Right now I've leveraged about 1 years income, and I'm up 30% after credit card processing fees.

Removed Offensive Comment But good luck to you.

Edit: You also have to beat the apr% on your credit card, probably more than 10%. And you you might have a cash advance fee on the cards for buying BitCoin. This could be another 20%.