1184
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Economy / Speculation / Re: RALLY!
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on: January 15, 2012, 07:59:57 PM
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Ya'll do realize there is going to be a dip...
Yeah absolutely, After $8 maybe
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1191
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Economy / Speculation / Re: RALLY!
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on: January 14, 2012, 10:22:45 PM
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This is the deciding moment for this rally. Everyone, watch this weekend closely. Anything from $5 to $9 is possible.
Don't just watch. Buy first Last chance for prices under $7?
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1193
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Economy / Speculation / Re: RALLY!
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on: January 14, 2012, 08:44:44 PM
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I think we will blow through $7.20 this time. $8 is coming tonight or sunday.
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1195
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Economy / Speculation / Re: Interesting analogy
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on: January 14, 2012, 07:10:10 PM
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I would not be astonished if we see another drop some time soon. THIS!!! it just happened ... people, be smarter! No it didnt
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1198
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Economy / Speculation / Re: Here it comes
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on: January 14, 2012, 02:21:42 AM
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If it's 2050, and pretty much the only means of electronic commerce is through bitcoin, you can believe I'm not going to balk that much at, say, a mandatory, capped transaction fee of 1% to ensure immediate processing as opposed to next-week processing through the "charity miners." It's either pay the fee or not do business.
Except that one miner will drop the minimum fees to 0.99% to get them all. Then the next miner will drop them to 0.98% etc. In a normal market, this downward pressure on prices is countered by the production cost. But for bitcoin there is no minimum cost: the mining difficulty will drop until it is too low to provide any security. The mining difficulty will drop until it is profitable for more to mine again. FTFY
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