Quote from: coinbuck on June 16, 2011, 09:56:25 PM

Quote from: Edward50 on June 16, 2011, 09:46:22 PM

Yes it is finally coming down. It does not make sense at $20. There is no value currenctly in owning this currency other than the long term potential if it does ever make a valid currency.

If you are willing to wait some years and hold it as an investment, it should be priced less than $10 dollars because of the high risk of it failing.

Who ever pays $20 or higher now as a long term investment is way overpaying because of all the risk.

It should keep falling down to less than $10.

Less than $10 with the current difficulty lvl ?

Remember that miners are the biggest source of bitcoins in this moment. I'm sure they aren't willing to lose cash.

Miners don't control Supply / Demand they are just affected by the consequences.