Miners are desperately trying to recoup their losses and dumping coins no matter what the price. Best time for buyers. Hope it stays low for a while more so when my pay comes I can buy more

As we all know Bitcoin is all about the blockchain. This single, ever growing digital file that is the core of what bitcoin is all about, the ultimate public ledger that stores all the transactions that's ever occured and will occur within the Bitcoin system. So the big WHAT IF is, something happens to the blockchain. Can nothing ever happens to the blockchain, and that no matter what, this blockchain will survive even if all of humanity has disappeared? Will it never grow so big that it can never fit into a computer's harddrive? Will blockchain.info never be put out of service and never expire so that even in year 2530, we can still check up on Satoshi's genesis block that he never spent a single coin from that block? Food for thoughts everyone, have a happy Sunday.

I don't think Bitcoin and gold need to compete with one another, that for Bitcoin to rise gold has to collapse. I think both of them need to be on parity of each other, in this case Bitcoin to be on parity with gold. Bitcoin and gold share very much the same fundamentals, both are a store of value of deflationary nature against the inflationary fiat.

Actually gold really isn't worth as much as it is now but it really doesn't matter, people just want something that does not lose value to back against fiat. Bitcoin is the digital equivalent of gold. Just like how money evolve to being digital, mere numbers on a computerized banking system, gold too will be digitized. An that digitized gold is Bitcoin.

So why not peg Bitcoin to gold? Of course Bitcoin being a decentralized and a non-authoritative system no one can force Bitcoin to be pegged to anything but only the people who use bitcoins themselves. Can there be any other way that Bitcoin be priced at some specific value other than being dictated by the free market, that is the exchanges, which are prone to manipulation?

If the price is below mining cost (which it is at now currently) then miners are simply mining at a loss, simple as that. But here's the dilemma. If they stop mining then other miners would gain because difficulty will be down and those miners still mining will be able to get more coins thus winning the competition. If they continue to mine even at a loss, then they'd better have extra (lots of it) funds to cover the losses while hoping prices will rise again where everyone profits. If not more and more mining corporations will go the way of BFL (bankruptcy).

So that's why we have such cheap coins.....BFL dumping their coins to recoup whatever they can.

Woohoo that means more cheap coins. I may start to believe your predictions Anti. When can we see sub $300 coins eh? Imma have to start accumulating my funds. You're so much better than my broker. He never tells me when stocks are cheap as you do so dilligently.

Manipulation in exchanges is NOT a serious problem to bitcoin. Just as manipulation in stock exchanges happens all the time but the stock market is well and alive.

Those who don't understand bitcoin don't know, that 2014 may be one of the very last chance to get bitcoins on the cheap. That is why you can never run out of buyers of bitcoin, but you will eventually run out of sellers.

Many people 'heard' about bitcoin but they aren't interested in it because they don't know what is Bitcoin. They think it's digital money. They think it's a payment system. They think it's a get rich quick ponzi scheme. The problem with bitcoin is that its concept is beyond the capability of most people to understand what it is. People just don't get it, that's why they're not buying

The trash talkers are those who don't really know what Bitcoin is probably only recently heard of it and due to their shallowness in thinking simply brush it off as ponzi digital money. Anyone who cannot understand why Bitcoin is so expensive at $500 perbtc don't understand Bitcoin period. Anyone who cannot understand why something that does not exist physically and created only out of computation can have a value, let alone such high value,    cannot appreciate what is Bitcoin. They know nothing and to cite problems with the protocol or the system as the reason why Bitcoin will fail just clearly show their own stupidity. Just try telling network administrators that the internet is gonna fail because the tcp/ip protocol is broken. This is exactly how these trash-talking know-nothing trolls sound when talking about Bitcoin.

no worries mate check back in a year's time. You'll be grinning from ear to ear 

it's going back up. you entered at just the right timing you lucky son

I knew sub $400 coins would be too good to be true 

Haha, you just showed you know nothing about bitcoin and are a troll

Those who hold will hold, doesn't even bother them one bit. While those who sell will sell, no matter what's the price. So everything's exactly the way it's meant to be.

Fools are selling. Smart people are buying 

Don't start just yet cos I need to buy more at these prices!

duh anyone not buying is a fool and totally missing the boat, which I thought I missed when bitcoin was around $5

honest advice to you my fellow bitcoiner, don't sell. Don't sell until it's 10x what it's worth now

I wouldn't touch anything Apple with a 10 ft pole. Apple would be begging to have anything to do with Bitcoin, let alone making it useless