Quote from: mrpetem on June 17, 2011, 06:36:31 PM

Ultimatly what this boils down to is trying to find:

What affects the price = Supply and Demand
What affects Supply = Miners
What affects Demand = Speculators
What affects Miners = Running costs
What affects Speculators = ....

If you can find these answers you will have a better idea of where price is heading.

Didn't mention a single thing about the bitcoin economy and it's use as a currency which is why everyone's dumping when you boil it down.

It got the media attention and all the tech savy people thought they could get rich quickly and out smart everyone but jumping in and just got turned into a giant pump and dump.

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