Quote from: franky1 on January 04, 2015, 08:06:03 PM

id sell the mining eqipment as soon as its not profitable..

after all if you get a cople hundred for a 1thash now... jst wait a few months and with that same couple hundred you will probably be able to by a multiple thash unit, theres no point holding on to slow units in the hope of a hashrate drop. better to se the funds elsewhere.

as for the price...

STOP looking at crappy exchanges

there are 13million coins and yesterdays drop below $300 was done with less than 1600 coins

thats only 0.0118% of all coins.. why is anyone still stupidly valuing 13.6mill coins based on the movements of less than 1600..

even 2 years ago when mtgox was playing with 5k-10k per orderline and 150,000 a day volume. these days exchanges are only playing with a few hundred at a time and only 50k a day at most.

stop centrally valuing bitcoin based on manipulated exchanges thats gateways in and out of fiat are so jammed up with red tape now that no one wants to use them regularly

1. A low transaction amount is in of itself a red flag.

2. Does this mean you're willing to buy coins above the price the "broken" exchanges are quoting BTC at?