Bitcoin Forum

Other => Off-topic => Topic started by: tearsdontfall on February 12, 2015, 05:19:29 AM



Title: want 2 know
Post by: tearsdontfall on February 12, 2015, 05:19:29 AM
If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??


Title: Re: want 2 know
Post by: Uncle Axetime on February 12, 2015, 10:06:07 AM
If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??

nobody knows. seems unlikely. also, the past can't predict the future


Title: Re: want 2 know
Post by: Gronthaing on February 12, 2015, 04:12:20 PM
If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??

I imagine that depends on too many things. And probably won't be equal across cryptocurrencies. Someone can just code one that alternates between high and low difficulty arbitrarily. No market connection whatsoever. Wouldn't last long but you get the idea.


Title: Re: want 2 know
Post by: lite on February 12, 2015, 04:45:55 PM
If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??
that depends on the coin if it has demand price will go high..


Title: Re: want 2 know
Post by: AtheistAKASaneBrain on February 12, 2015, 05:36:18 PM
It sometimes can be the indicator of a clear pump in the making. People is mining to pump later for BTC.


Title: Re: want 2 know
Post by: Cryptonitex on February 12, 2015, 06:20:51 PM
Harder to mine, so less coins to mine right. But probably no correlation.