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1  Other / Beginners & Help / Wicked bitcoin price. on: November 28, 2013, 07:40:53 PM
I have been checking bitcoin price about twice per half year and never actually got into mining as I have only old laptops which can do only around 1 Mh/s. Though few days ago I checked the bitcoin price when it was around 800 dollars and now I have started a miner mining at 1.2 Mh/s and 1.1 Mh/s at deepbit pool. I know I can barely newer make any bitcoins by mining, but maybe I can help at least a tiny friction. I actually made more from faucets 316 µBTC which is currenly around 0.36 dollars. I feel like I am rich.

I have been wondering how fast the 0.2 mBTC bitcoin transaction fee can be changed to keep it at around 0.2 dollars or lower? If bitcoin price keeps going up at this rate we might have bitcoin price at 4300 dollars by the end of the year and the transaction fee will then be 0.86 dollars and I don't want to pay that much for 0.5 dollar transaction when I buy candy for a kid.

I think bitcoin price should fast go up to 100,000 dollars as then I could probably have 36 dollars on my bitcoin wallet, though I'm just dreaming.

Where do you think bitcoin price will stabilize?

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