Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: hazek on June 15, 2011, 12:18:24 PM



Title: Heads-up: New difficulty adjustment in 20 blocks from now!
Post by: hazek on June 15, 2011, 12:18:24 PM
We're about to get a pretty big bump again.

Difficulty now:   567358
Estimated increase by bitcoincharts:   875009

Also, here's chodpaba's post with a more in depth forecast: http://forum.bitcoin.org/index.php?topic=12671.0



Title: Re: Heads-up: New difficulty adjustment in 20 blocks from now!
Post by: Xiong Zhuang on June 15, 2011, 03:24:03 PM
This means bitcoin value raises,right?


Title: Re: Heads-up: New difficulty adjustment in 20 blocks from now!
Post by: TonyHoyle on June 15, 2011, 04:05:15 PM
This means bitcoin value raises,right?

No.  There's no direct relationship between difficulty and value.

There's probably an indirect one but that also has to take into account all sorts of other factors - eg. the way we've just had a normalisation in price and some of the speculators have run away.