The price depends on supply and demand.
If you can buy mining equipment for less than the number of bitcoins it will mine, then you should mine. Otherwise, you should buy.
If you can buy mining equipment for less than the number of bitcoins it will mine, then you should mine. Otherwise, you should buy.
Spoken like a true economist.
There really isn't anything but the opinion of buyers and sellers as to the price of Bitcoin which is why speculation is extremely dangerous. As far as mining goes make sure you check the difficulty as it's constantly increasing and factor that in with your estimation of the value of BTC in the future when deciding to buy a miner or to just outright purchase BTC.
