Post
Topic
Board Speculation
Re: damn... just sold all my btc for 8.7 and now it's 9.5
by
kiwiasian
on 04/08/2011, 03:28:53 UTC
Your up now  Grin! This will be one epic rally folks.
Nope, I'm thinking it will hover around 10$ for a few days. Even then the longterm bottom may not yet be reached. It may drop to 5$ before starting another longterm rise.
I don't think the miners will ever sell for a loss you are crazy. Most miners are barley breaking even at $8...

I've stopped mining at $15. At that price and difficulty I can only make $3 after electricity costs. That's with almost 1 GH/s, too.