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Title: Merged mining and the price developement Post by: Spacy on August 13, 2011, 08:43:20 AM There is the theory, that the price follows the difficulty. Let's now assume, merged mining is build into the current blockchains, lets say BTC, NMC and IXC. If the price is bound to the difficulty, the miner will mine an equivalent amount in every currency. Now with the hashrate being equal on all blockchains, the lower difficulties will raise and reach some level near below the top difficulty blockchain. If still the price follows difficulty, the exchange rate could reach nearly 1 in the long term.
I think, merged mining will come sooner or later, so the remaining question is: Will the price follow difficulty? And if yes, why? Title: Re: Merged mining and the price developement Post by: teukon on August 13, 2011, 09:12:45 AM Perhaps, in the short term, the glut of supply will cause the relative value of namecoins to drop sharply.
In the long term, assuming all market participants are rational agents, I would not expect increased difficulty to be met with a proportional increase in price. However, if there's one thing I've learned from Bitcoin it's that people are not rational agents, neither individually nor on average. Title: Re: Merged mining and the price developement Post by: The Minion on November 14, 2014, 04:43:42 PM See dogecoin and litecoin. They are merge mining. 8)
Title: Re: Merged mining and the price developement Post by: MisO69 on November 14, 2014, 05:15:15 PM See dogecoin and litecoin. They are merge mining. 8) Smokin' some good dope? Why resurrect this years old thread? Title: Re: Merged mining and the price developement Post by: teukon on November 14, 2014, 11:53:29 PM Braaains!
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