Quote from: elephantas1 on January 07, 2015, 07:18:54 PM

Quote from: countryfree on January 04, 2015, 12:19:41 AM

Quote from: sherbyspark on January 03, 2015, 05:44:55 PM

Quote from: GGGGG on January 03, 2015, 05:12:00 PM

Quote from: countryfree on January 03, 2015, 12:41:59 AM

Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

But if the price reaches around 250, then that won't be a big problem, as the miners would not be profitable, and some of them will chose to shutdown their operation, until bitcoin price comes back up.

I believe they'll keep on mining. Electricity bills aren't so high. If BTC's price drops to $100, that'll be a real problem, but $250 is fine.

dont forget that difficulty is increasing really fast. next increasing it will grow by 13 percent

When that's supposed to happen? Not in the coming weeks, I believe.