Just wish I had a time machine tho. Take my rig back in time with the GFX miner client to when bitcoin first started then I would have had sh*t loads of btc to sell when it was at the $2X.XX high.

A smart person on this forum once did the calculations and realized we have almost no power to drive distributors out of stock on AMD cards. We are such a tiny fraction of GPU buyers compared to gamers it's funny.  AMD is just doing a damn good job selling great GPU's.

I was about to go, there aren't that many of us who are homosexuals. Then it occurred to me there was some cute girl in the other thread...

Alright, how about being more exact about what's "less shy" before I go put out a buy for $20?

OP you will be wrong this time....

New trading channel will be $9 to $11, before we will most likely head lower. This is still $30 bubble bursting, simply based on the fact that demand can't meet the supply of 7200 coin per day, every day. Supply adds up over a period of time and we get this bigger moves. Sure Mybitcoin and Poland doesn't help, but it really doesn't effect things as much as some people around here think.

In the future price will drop all the way to the point where it will be easy for the daily supply of 7200 coins to be met with $ value. Bitcoin production cost will only be a small part of the equation. If it will cost $5 to produce a coin and market won't be able to come up daily with $36,000 fresh dollars, unfortunately price would go below production cost. Noone ever said mining will always be profitable.

Network total hashrate is at 14 TH and growing at a high rate of 6% to 12% every re-target. Even if this growth would slow down considerably, less than 3% per re-target, network would still be growing by a lot. Every day there is more and more people finding out about bitcoins and they have decent radeon cards capable of mining. I'm sure there are 10 million cards on the internet right now, while whole network mines with less than 50k cards.

So network will keep growing overall, while price will drop to the level where new fresh money added to the market can meet 7200 daily supply. It doesn't matter if miners go on strike and don't sell anything for months. It would only be temporary change. It's all about market cap and total number of coins, which will next week reach 7 million.

Well, we'll need to get some mainstream babes into the community before we could aim higher, as it is, it's mostly guys here and geek babes are usually too smart (or not enough of an attention seeking personality) to make promises like those

Damn and I thought it's because Bitcoin finally got some sexy babe promising titillation if BTC goes back to $13 like Tanya Devereaux (Net Neutrality), Larissa Riquelme (Paraguay, World Cup), Bobbi Eden (Netherland, World Cup)

Don't worry, in 6 days you will be able to buy cheaper than today. We always break into new lows, then it will rise a couple dollars higher, only to break into even newer lows. So by the time your Dwolla account is funded you will probably be buying lower than $8.00

try 0.1 instead of .1

0.1 is the smallest i think.  0.09 won't work

1. if you have to pay for electricity, you should not be getting into the mining game at this point, period.

2. if you have to pay for electricity, but you already have 1 or several dedicated rigs running, you should still mine, but start winding down your operation, start selling some rigs. You don't want to be selling them at a much lower price when the mass exodus begins (when difficulty reaches equilibrium with electricity cost, those who have to pay for electricity will inevitably start selling their rigs).

The fact of the matter is difficulty will keep rising until it reaches equilibrium with average electricity cost. The price of BTC will keep falling, because the supply of new BTC each day is overwelming the market, unless another wave of significant adoption comes, BTC price will continue to fall slowly. Until block reward is halved sometime in 2012.

Jumping from 10 to 11, this is what could happen in a market where traders have absolutely no clue.....

someone is really selling at TH right now. making the price go down to 8-9 bucks.. then it pops up
to 10.

do we know if mybitcoin or if that polish exchange is dumping large amounts or is this an old
fashioned panic?