Quote from: mizike29 on October 21, 2011, 02:01:09 AM

Yeah I guess you people are just in denial and dont understand the difference between 2 bitcoins at 2bux vs 2 bitcoins at 20 bux lol. WTF, Its pretty simple. IT COST MONEY, ELECTRICITY and TIME TO CREATE A BITCOIN. If it costs more to make bitcoins then there worth then it makes no damn sense to make them, if you dont make them then there will be no more bitcoins being made. The gallon of milk was a perfect example or gas. On top of that at 2 bux a bitcoin, and then going down to a dollar a bitcoin, down to 50 cent a bitcoin, your just having issues and going no where no stability no businesses will take the risk of accepting bitcoins, so bad for bitcoins, if they were 10 dollars a bitcoin and stable at 10 dollars a bitcoin, it would make sense to create bitcoins, it wouldnt cost more to make a bitcoin then its worth, and businesses, real businesses would be willing to accept bitcoins for payment. Until those two things happen, bitcoin is dead except to play with period.

ONCE AGAIN AND A LITTLE SLOWER .... (sorry no pictures)

mining $2 per BTC @ 1M difficulty is the same as mining $20 per BTC @ 10M difficulty.

You have a point on VOLATILITY but that isn't the same as saying BTC is dead @ $2.00 or $x.00. The best thing ever for BTC in the short term would be for it to hit $2.00 and VOLATILITY collapse. That would massively increase adoption. BTC @ $2.00 w/ 1% daily volatilty is better for everyone except specualtors. BTC @ $20.00 w/ 30% daily volatility only benefits speculators. Yes you can mine and profit less @ $20 BTC than @ $2.00 BTC.