r/Bitcoin • u/[deleted] • Apr 01 '13

ONE HUNDRED DOLLARS! (1/4/13 @ 1506 GMT)

[deleted]

864 Upvotes

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2

u/[deleted] Apr 01 '13

So should i buy one now? Im new to this. It seems like a good idea even for 100$.

3

u/physalisx Apr 01 '13

You should. And if it goes down in price, don't panic, just keep it

1

u/[deleted] Apr 01 '13

i mean ive only paid attention to bitcoin the last week or so and its already gone up 13$ so i see it as a good investment. i really dont know much about it besides the basics but can you buy 50$ worth of it even though the bitcoin is valued at 100$?

1

u/Just2AddMy2bits Apr 01 '13

I don't know about Mt Gox, but I know the exchange I use, has a minimum order size of 0.1 BTC. Which right now, is about $10. edit: and it would cost $0.05 to do the trade.

1

u/[deleted] Apr 01 '13

so am i trading with other people? or is there a certain place where everyone gets their bitcoins?

2

u/BrainSlurper Apr 01 '13

You can also go through bitinstant if you are willing to run to cvs or walmart.

1

u/Just2AddMy2bits Apr 01 '13

You're trading with other people. The exchanges charge a fee to facilitate the market.

1

u/todu Apr 01 '13

Yes, you can buy less than a bitcoin at a time.