Such sarcasm.  I'll be ready to buy 100 btc if it does reach that stage.
Seriously I wonder how low this thing will go. It's like it's sinking!

It's going down alright. 40 bucks drop in just 24 hours period. Amazing.

Not to put on too much hope.....I'll be surprised if it ever ever again reach 1200 with this time no more Mt Gox around.

Most probably I will. I remember at one time when it reached 300 and it immediately  rebounded back to reach a high of 450 in matter of a week +, those who continued to hang on to it hoping it would get higher had sorely regretted after seeing today's price.

I don't know...what the article says also has a point. But what if the lowest price is basically the price where miners would break even when they sell their bitcoin. And I mean the most efficient low cost operation miner out there

I have never seen btc fundamentals  being discussed before. Unlike forex where you have economics data like employment and such.... when it comes to btc i guess there is very minor impact when you have news event. I remember when microsoft made an announcement about integrating btc that creates some buying support across the exchanges

Price going down because of the tps limit... i don't so. But one thing for sure is that if bitcoin aspires to one day grab hold of all the credit card companies market shares, this limitation needs to be seriously addressed

Thanks and no thanks for selling it so cheap

That completely makes sense. Obviously there is not enough capital flow coming in, thus driving the price down. All the new coins being generated daily are being dumped on the open market and if there is not enough buyer, miner are pretty much willing to let go as low as possible in order to convert all that to usd. Furthermore, very few ever put into consideration how cheap electricity are in certain countries which we all thought was 280,the level for miners to break even, but that was obviously not the case.

http://www.ericsson.com/industry-transformation/wp-content/uploads/sites/6/2014/11/ict-and-the-future-of-financial-services.pdf

Not sure if that got close to what you were looking for but you could certainly check this out. It's not scholarly by any means but it's certain written by people who has knowledge on economy.

Faucets are great for newbies to earn your first bitcoin and get the grasp on the wallets and its functionality. Meanwhile at the same time, take the opportunity to learn up about bitcoin especially on how to make it secure. Once you get the hang of it, it's time to get your own baby

Put hope in the coin and buy when time is right. Hang on to your hope and continue to hold on to it regardless of price.

Understand and learn everything about bitcoin. Spread the knowledge, create active discussion, and try to convert newbies to become bitcoin fanatics.

There are just so many things you can do to help bitcoin!

Well initially I set my second buy order at 250 after having bought at 280. I was lucky it was just a small amount. However, looking at current trend, it is better to just stay away for now and sit on the sideline. Who knows how low this thing can go.

Without getting a confirmation or a signal on the direction of bitcoin price movement, people are just hesitant and would rather stay on the sideline.

While bitcoin solves all these problems, it introduces another set of problems totally non related to this.

1) The safest option is to print paper wallet
2) Be mindful and perform backup regularly
3) Never reveal your private key
4) Scan your pc regularly to check for malware
and the list goes on....

At least he's being open to tell the truth. If look at it positively, it's even worse if let's say for someone new to bitcoin who has completely zero knowledge about bitcoin security and ended up getting hacked and later comes up with a negative conclusion. It's like he already telling you to take security seriously before you even get started into bitcoin. So what is wrong with that?

it doesn't mean that both of them are connected. Layoff could be due to restructuring to improve organizational effectiveness or to cut down on redundancy to fine tune and align towards organizational goals. The point is, it could be due to many other reasons.

I'm not sure what is the actual cost to maintain the whole payment system compared to the conventional fiat system. Also I have never seen a detailed calculation made to date. However I have seen some proposals being put forward before on power generation companies utilizing the excess power towards maintaining the network. So in general there are bound to be solutions which we can use to address the issue  (if that is an issue in the first place)

Whatever it is I just prefer to play it safe. Nobody can accurately predict the future so the best way is to wait for firm indicators before deciding what to do next. I definitely won't follow the tulip guy but I also won't continue to sit around on the sideline. I hope when I finally make the move it will be the right decision.

volume is getting lower because people like me freak out because after seeing the price drops so fast, we can't exactly anticipate how low these things can get. I do agree with you on the signal, it's almost the same thing. I just keep my fingers crossed that it doesn't repeat itself again.