Quote from: sweeppicking on June 16, 2013, 04:55:25 PM

I think the problem of price decreasing is for the new ASICs, people is trying to not lose their money by selling their Bitcoin so high as they can.
It was the obvious problem of the first ASICs aparition, then the GPU miner will go to scrypt coins like litecoins and wild drop that price too because of the big quantity of coins generated till the difficulty sets up.
I think that the solution is to hold our coins and wait to almost asics shipped and the strong up before the drop of this days.

It will be interesting to see what happens as the difficulty of mining BTC increases. I have never been a miner, just a buyer, so I cannot speak from experience. I would have thought that the mining community would see the value in just holding their BTC but then again, they have invested quite a bit of money into their systems and probably need to recoup those losses just to pay their bills. I am sure that there are some mining and holding. It would very interesting to know the percentage of BTC sold by miners is?