Quote from: bernd on May 20, 2011, 08:48:42 PM

Quote from: runcible2011 on May 20, 2011, 08:41:50 PM

Quote from: tomcollins on May 20, 2011, 08:23:23 PM

If you like throwing money away, I'll sell you mine at $7.

Find me when you want to dump them at $5. It could happen tonight.

This is where the rubber hits the road. Those who are in it for the long haul will stay in until the bitter end. The profiteers will drive the price down so that we can buy some cheap coins.

I do not see such a thing happen in the short term. It rather seems that there are no buyers for the generated BTC. Also i do believe that the BTC price was hyped due to recent media attention. Price is correcting itself right now.

This.

7000-10000 new coins every day. That's up to $70,000 USD that has to be put in to the market in addition to what is already there, EVERY DAY.

The price can drop to $1.00 and I'll still be profitable. Hopefully, a bunch of the miners will drop out so it ends up being MORE profitable, but we'll see.

It could drop down to $0.10 or something ridiculous though, then all the miners leave because it's not profitable to mine anymore, then it takes 2 years to bring difficulty back down. Just sayin.

Sell all your coinz! Stop your mining! The market is C R A S H I N G!