Bitcoin Forum

Economy => Speculation => Topic started by: spiderbrain on August 21, 2014, 03:25:36 AM



Title: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: spiderbrain on August 21, 2014, 03:25:36 AM
Oh, sorry, I thought I was falling for a second there. My apologies, as you were.


Title: Re: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: GangkisKhan on August 21, 2014, 03:42:53 AM
Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.


Title: Re: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: Ibian on August 21, 2014, 04:23:05 AM
Price is crashing up! It's the beginning of bitcoin! Everyone buy before it's too late!


Title: Re: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: spud21 on August 21, 2014, 12:20:29 PM
Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.

How do you work out the cost of producing each coin from the network difficulty, and why are they selling lower than your calculated cost to produce them?


Title: Re: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: Mightycoin on August 21, 2014, 02:47:39 PM
There are no such speculations nor any recent incidences hinting it will fall down again. Its rising slowly and well.


Title: Re: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!!
Post by: 2014Bubble on August 21, 2014, 02:48:58 PM
Noo, it's not crashing! We'll continue going up from now on!