Quote from: tokeweed on July 04, 2013, 02:20:34 AM

Quote from: atlosas on July 03, 2013, 03:09:34 PM

Hello, i think asics are devaluating bitcoin and will continue to do so because they are extremely cost efficient (i mean electricity per gh). Can some1 with math skills count this: Compare the price of btc(not the 250 buble)/electricity price per gh from gpu era (until Feb 2013) to today bitcoin price/electricity price per gh from asic era.

nope. it's trading that's making btc price going down.

Yes, but they can afford to trade at very low price and still be profitable