Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ehoffman on May 07, 2013, 11:46:05 PM



Title: Should I buy FRC now, with the difficulty increase comming soon?
Post by: ehoffman on May 07, 2013, 11:46:05 PM
Well, FRC is just above parity with BTC.  In a few blocks, FRC difficulty will go much higher (it's been mined like crazy).  Probably 4x higher.  This means that profitability will lower 4-fold for FRC miners.  To stay at profit, the FRC exchange rate will have to go higher, no?

What do you think?  Would it be a good time to invest in FRC, in hope that the exchange rate raise to match difficulty increase (and have a much higher total FRC->BTC value)?


Title: Re: Should I buy FRC now, with the difficulty increase comming soon?
Post by: calian on May 08, 2013, 12:47:07 AM
Those are the evaporating coins that disappear slowly as you hold them right? Sounds like a game of hot potato.