Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
It's funny they're torching Bitcoin as going lower and lower, yet their coin is pegged to Bitcoin...do they think at all before they spew garbage out of their mouth? Anyways, I want to see Bitcoin go to $20. It's still super useful at whatever price it's at. You can buy anything you want with it, quite literally. Burn baby, burn. Let's shake those greedy pigs out 
The issue is that when the price drops a lot of the major miners are going to quit, and transaction processing times are going to go up exponentially and therefore the usefulness goes into the toilet. Right now it is borderline for me to turn off my miners. If it was summer I would, but right now it is ok turning electricity into heat and getting a small return.
every 2 weeks. I think next time we'll see a hell of a difficulty spike downards.The amount of miners that will be going offline in the next weeks will likely be HUGE though. It would take a year or more to catch up with something like a 50% drop in hashing power at the little difficulty adjustments that will happen, and in the meantime transaction times will keep going up. I see some serious fluctuations happening in the near future, and that is the last thing that retailers and such want in an exchange medium. It is going to be an interesting ride and I will continue to flesh out the half dozen stories I have sketched out relating to Josh's scam and BTC in general.