Post
Topic
Board Speculation
Re: We are testing the week low of 8,70 dollars soon
by
proudhon
on 06/08/2011, 15:54:27 UTC
$3 USD drop in 24 hours, looking at market depth there's nothing stopping slide down to $6 USD at the moment.

Nobody seems to be buying.

Yeah, we're still very top heavy and there are a lot of folks who got lots of coins for less than a dollar and selling even at $6 will still yield a ridiculous return on investment.  Also, $6 is, I think, still profitable for a lot of miners.