Quote from: ShroomsKit on August 30, 2013, 10:03:48 AM

Sell now? Get those last few Bitcoins back before it drops even more? What to do?

Quote from: xuanxuan3317 on August 30, 2013, 05:11:36 PM

should i sold some? or keep watching?

Please read this:

Quote from: Carnth on August 21, 2013, 08:30:23 PM

Quote from: AbendWind on August 21, 2013, 06:26:28 PM

Can someone explain me about the price of shares?
...
Basic-mining is stable company with stable divident payments, so what does really influence share prices?

The market is made up of people. And people are influenced by a number of factors. Usually, greed and fear.
So, to honestly answer your question: No one can tell you exactly why the shares are priced the way they are.

Past examples:

Lately, the price has been going down. This is mostly due to so many new companies offering shares for the first time (IPOs). People want to "get in on the ground floor and ride it up." In order to get funds to do this, they sell shares they have in existing companies (like bASIC-MINING). As more people sell, the price goes lower and lower. Is it gambling? Sure, but it's also investing... high risk investing, but investing. (Greed)

The price of bASIC-MINING has also sharply risen when creativex announced new equipment added to the asset. This makes sense as more equipment means more dividends. (Greed)

The price tanked when there was a hint of chance that the US government would introduce regulation. (Fear) This blew over and the market gradually recovered. (Mostly)

Don't let greed and fear drive your investment decisions.

Stop. Breathe. Think.

Do I need the BTC right now?
Look at the past work that creativex has done. Do you think he will do a good job in the future?

These should be the questions that you ask.