Quote from: murasha on June 26, 2011, 02:36:03 PM

Quote from: Cluster2k on June 26, 2011, 02:11:13 PM

speculators have absolutely no care about how much it costs to buy hardware or pay for electricity and cooling.

Shure they dont care much about it.
As we seen before, speculators are ready to buy bitcoins for about $30 per coin, correct?

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hysterical speculators with tons of bitcoins who made idiotic market

So the reason is hidden in sellers if they selling it now for $17.
I mean current price is caused by sellers more than low buyers bids, correct?
So bids depth was not decreased?
So there are no hidden reasons that makes buyers make low bids - only sellers that ready to sell or such small price?
I cant understand miners that sells bitocins for such price.

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It's absurd to think difficulty drives price.

Not exacly.
If I all people got something harder that it was yesterday, they wants more money for it.
Its about any product, not just bitcoins.
To make supply stay in constant, people need to add more power to the network. They have to spend more resources.