Oh Boy!!! Mtgox stable around $180! I like the rise in price!!!
But is the price gain with btc going to cause hardware price rise?? Comment please.
since a lot of hardware is priced at btc the answer is yes in those cases. AM sticks are .07 btc so after the silk road bust it was about 7.35 usd now it is 11.62 usd. i used coinbase and I purchased 4 btc at 105 usd the day of the silk road bust. today coin base wants 166 usd a coin.
So 60 AM sticks at 4.2 btc were only 441 usd the day of the silk road bust.
same 60 sticks today are 4.2 btc but that is 697 usd based on todays coinbase prices. that is a 4 dollar a stick rise in price.
No actually, most of the current generation of ASIC devices are priced in US dollars and/or Euros. So at the time of your order you are paying the current exchange rate for $ to
BTC. And usually exchange rate is at Bitstamp price not Gox.
So at the current price of BTC you would need fewer to buy the same device that you could a month ago. I'm not saying it's a good investment though!