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Title: Q for miners as regards price Post by: BitCoinNutJob on November 18, 2013, 12:11:12 AM Newbie miner here
So price is "high" again right now i assume miners of all types are making profit at this price? Basically my question is BTC couldnt ever go to say $10k each right now because the miners would make too much free money at this point in time - is this correct or can the difficulty jump up say x20 anytime soon? Title: Re: Q for miners as regards price Post by: braytz on November 18, 2013, 06:06:02 PM So price is "high" again right now i assume miners of all types are making profit at this price? no,only the newer asic can make profit by this mess. Title: Re: Q for miners as regards price Post by: BitCoinNutJob on November 18, 2013, 07:12:48 PM ok thanks does anyone have any opinion of when BTC might correct what kind of price bracket ?
Can we say BTC being $10k next week is about 0.01% chance? Title: Re: Q for miners as regards price Post by: hulk on November 19, 2013, 12:29:22 AM ok thanks does anyone have any opinion of when BTC might correct what kind of price bracket ? Can we say BTC being $10k next week is about 0.01% chance? No body knows, seeing what happen to LTC anything can happen.. Title: Re: Q for miners as regards price Post by: BitCoinNutJob on November 19, 2013, 03:42:49 AM ok thanks does anyone have any opinion of when BTC might correct what kind of price bracket ? Can we say BTC being $10k next week is about 0.01% chance? No body knows, seeing what happen to LTC anything can happen.. wasnt LTC profitability pretty sweet when price raised? did i read somewhere else that BTC can only go up 400% difficulty < hmmmm guess that is alot though i want to invest long term in BTC because i cant be bothered to trade it anymore.... now seems like a bad time to do that lol |