Quote from: arieq on December 22, 2014, 01:59:29 PM

Quote from: picolo on December 21, 2014, 12:11:06 PM

Quote from: Chavez on December 20, 2014, 02:42:26 PM

Quote from: Redwan on December 20, 2014, 01:37:11 PM

The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.

Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then.

It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013

yeah btc was stronger last year when the market cap was over 8 billion, now it's sitting under 5. A bitecoin miner now can only hope the price goes up so he can actually get an ROI to pay for his miner..

Actually, I believe the best way for a bitcoin miner to make money would be to sell his rig to a noob on eBay, then buy the coin he believes in and hope for an eventual price increase.