Why nobody panic sells?

[grod]

Still not willing to admit being wrong about the $4.2 being the monthly stagnation point target.  Yet.

[Dansker]

Can't wait till it goes down to REAL value of <$1 as many have free elec.

As many people have elec. paid for by others, others who will eventually find out and cut off abnormal use of that service.

[bulanula]

Can't wait till it goes down to REAL value of <$1

As many people have elec. paid for by others, others who will eventually find out and cut off abnormal use of that service.

Nope. Not true. People are flipping bringing their rigs to work !!! This is insane. Just fall down to 1 already please !

[Cluster2k]

Can't wait till it goes down to REAL value of <$1 as many have free elec.

As many people have elec. paid for by others, others who will eventually find out and cut off abnormal use of that service.

Indeed.  "Free" just means paid for by someone else.  That someone may be awfully pissed when they find out who has been chewing the kilowatts.

There's another model of "free" too: solar power.  I have just had 1.5kw of panels installed on my house.  Of course, they only work during the day time, but even then I wouldn't mine with the generated power even when it's free.  The power is worth more as an offset to my electricity bill than it is fed through the bitcoin sausage machine.  Worse still, I get a feed in tariff bonus which means the power is worth even more not being used on bitcoin mining.

[grod]

Nope. Not true. People are flipping bringing their rigs to work !!! This is insane. Just fall down to 1 already please !

Who the hell is idiotic enough to risk their main income for a few dollars a day?  I could see maybe if you worked at a fast food joint, but what manager wouldn't notice the vacuum-cleaner sounding PC in the corner and escort the idiot that brought it off the premises keeping the box to pay for the stolen power and network bandwidth?  And if it's the manager there's the risk of the owner finding out.

Then again, people are buying into tenebrix and will buy into solidcoin.  Doesn't matter how high you set the bar for "you must be THIS dumb to play" there's always someone who will.