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Title: ASICs will cause downward pressure during the transition Post by: dillpicklechips on July 03, 2013, 07:37:33 AM A lot of miners are transitioning to ASICs. Obviously BTC is a very popular method to pay for ASICs and related services. Eventually though along the supply chain all these hardware purchases have to be converted to fiat. This is a LOT of hardware being bought. This will cause a downward pressure until the transition has completed. But BTC still might rise despite these pressures. Thoughts?
Title: Re: ASICs will cause downward pressure during the transition Post by: telemaco on July 03, 2013, 08:53:57 AM Title: Re: ASICs will cause downward pressure during the transition Post by: naphto on July 03, 2013, 09:36:11 AM Can't see the picture |
