Post
Topic
Board Speculation
Re: If Butterfly Labs never delivers Bitcoin ASIC how this will afect Bitcoin price?
by
MysteryMiner
on 11/10/2012, 12:33:52 UTC
The price wont be affected by ASIC. The price is only determined by what someone is willing to pay for it.
And also it is determined how many coins for what price are put to sale. If many people sell coins for cheap, the price falls. If the expectation is not fulfilled and people lose money to BFL scam, this will affect the price and quantity of coins put to sale.