Quote from: RoadStress on September 02, 2014, 12:30:50 PM

Quote from: Cablez on September 02, 2014, 12:02:36 PM

I wonder also if the institutional miners will act rationally with prices being such. The desire to break even on initial investment I would think could lead them to sell even for a loss initially. I don't smell many holders in the big guys as they seem to be non-believers. Fiat still rules bitcoin.

Luckly we have one big miner that is holding most or all of the coins and that is Bitfury. I suspect that the rest are holding less than 50% of what they mine. KnC stated that they aren't holding any. Damn tards!

Well something else we agree on.

Actually with the 3 big builders ; bitmaintech,bitfury,knc there must be over 100ph self mining. Why should they do anything but mine.
I think the top ten builders could own 160 of the 210ph mining right now. All they need to do is limit growth under 4-6% and mine.

I make that statement with the following in mind : power at 4-8 cents a kwatt , gear at .6-1watt a gh and btc at 480usd.