Bitcoin Forum

Economy => Speculation => Topic started by: Vladimir on September 15, 2013, 11:00:45 PM



Title: Told ya so.
Post by: Vladimir on September 15, 2013, 11:00:45 PM
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Title: Re: Told ya so.
Post by: goxed on September 15, 2013, 11:53:58 PM
+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain


Title: Re: Told ya so.
Post by: notme on September 16, 2013, 02:11:00 AM
+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.


Title: Re: Told ya so.
Post by: Rannasha on September 16, 2013, 05:13:27 AM
+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.

Bitfountain is the company that operates the ASICMiner brand.


Title: Re: Told ya so.
Post by: smoothie on September 16, 2013, 09:30:37 AM
+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.

Bitfountain is the company that operates the ASICMiner brand.

I did not know that. Also I haven't verified that claim either.


Title: Re: Told ya so.
Post by: johnyj on September 17, 2013, 11:37:21 AM
The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  ;D


Title: Re: Told ya so.
Post by: MAbtc on September 17, 2013, 04:47:32 PM
The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  ;D

Yep  ;D


Title: Re: Told ya so.
Post by: smoothie on September 18, 2013, 03:15:28 PM
The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  ;D

Exponential growth is an accelerating curve so yes I agree. But linear growth of hashrate will likely continue on a constant average slope I believe with newer and refined technologies.


Title: Re: Told ya so.
Post by: notme on September 18, 2013, 03:49:06 PM
The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  ;D

Exponential growth is an accelerating curve so yes I agree. But linear growth of hashrate will likely continue on a constant average slope I believe with newer and refined technologies.

Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.


Title: Re: Told ya so.
Post by: nobbynobbynoob on September 18, 2013, 03:57:50 PM
Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.

I doubt there will ever be a 90+% drop again, unless it's a 100% drop. But you never know...


Title: Re: Told ya so.
Post by: notme on September 18, 2013, 07:29:56 PM
Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.

I doubt there will ever be a 90+% drop again, unless it's a 100% drop. But you never know...

It's more about a longer term downtrend than the percentage drop since difficulty adjusts to price very slowly.