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Other / Beginners & Help / Re: Price will be $5 by the end of this month
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on: June 17, 2011, 07:41:48 PM
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You know what. I really hope it drops to $5.. I would be incredibly happy.
$5 does 2 things
1) Scares off all the people casually doing this. Now i know you don't NEED to be a hardcore farmer to get it, but it will scare off enough people it will stabalize the difficulty a bit for a little while.
2) Give people the option to buy again. @ $20 it's a bit too steep for my tastes.
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Other / Beginners & Help / Re: Here comes the bitcoin crash!
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on: June 17, 2011, 07:12:58 PM
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I don't think it will crash, know why?
Every time the price drops tons of people will be buying forcing it to go back up.
Until someone or a lot of top people go running away(which could happen regardless) no one is going to think bitcoin is going anywhere.
As long as a supply exists demand will exist.
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