Quote from: mestar on January 16, 2014, 02:51:20 AM

Quote from: aminorex on January 16, 2014, 02:14:26 AM

I see. So what you're saying is that the higher the price goes, the less it is worth.

Yes, you are very funny. No, what I mean is that, the higher the price, the bigger the selling pressure coming from miners becomes. See here: https://bitcointalk.org/index.php?topic=414657.0

That argument doesn't make sense. Why would you treat miners different than holders of coin? Do they have mining costs? Sure. They have costs incurred that results in them getting bitcoins. Where do the people who are not miners get their coins? They buy them. So they have costs as well. Does the price going up somehow drive them to sell because they incurred costs to buy bitcoin?