Post
Topic
Board Economics
Re: Bitcoin going down forever?
by
txbt
on 31/03/2014, 09:43:15 UTC
Nothing is dying, the Bitcoin hashrate is going up  Tongue
So enjoy the price if your buyer, and hate the price if your seller

Yes, enjoy the price if you are a buyer, and hate the price only if selling is a real emergency. Panic will only prologue the situation for a few weeks but anyway this low rate will not last. It depends mostly on how many people are out there waiting for "a good price to buy" (because they are a lot of them now) and what is that price.