At $20 I feel there would be so much renewed demand from such a low price it would never stay there, almost an immediate rebound.
63 karma · joined December 5, 2012
At $20 I feel there would be so much renewed demand from such a low price it would never stay there, almost an immediate rebound.
It's better for 'ME' to join a tried and tested exchange. -but- It's better for bitcoins as a whole, for me to try one of the newer or lesser used exchanges.
Just why entry level jobs require such high requirements now a days - as a hiring manger, why take the risk on someone knew (even if someone took the risk on you during your youth in better times) - better to just hire someone with 3 years experience...if its a buyers market and supply outstrips demand.
Bitcoin price is not tied to computational effort spent on mining. The creation rate of new Bitcoins is already constrained and well defined. Producing more machines would just mean Avalon would get a larger portion of the new Bitcoins.