Bitcoin Forum

Economy => Economics => Topic started by: Skaterdiejosh on December 27, 2013, 07:02:43 PM



Title: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on December 27, 2013, 07:02:43 PM
At current rates difficulty has about doubled every 30 days!! How high do you think it will be by the end of April, only 4 months from today ?? Come this March Will 2 th/s make you about the same as 200 gh/s today ??? Or maybe bitcoin will hit 4000 by then ?? Comment exact amount if you want to predict a exact number.. Closest to the correct difficulty on the date of April 27 th wins huge bitcoin prize lol J/k :)


Title: Re: Difficulty Increase Prediction Poll
Post by: odolvlobo on December 27, 2013, 09:52:03 PM
Something to note: going by the price of 1 GH/s, cex.io miners believe that the difficulty will be below 4,000,000,000.

Also, your last two numbers are messed up.


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on December 27, 2013, 10:36:50 PM
Thx I fixed it had extra number lol


Title: Re: Difficulty Increase Prediction Poll
Post by: empoweoqwj on December 28, 2013, 01:44:49 AM
I think it will keep doubling. Lots of hashing coming online this quarter. Might even be more than doubling this quarter :(


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on January 02, 2014, 05:35:30 PM
Kinda suprised so many votes have been the highest difficulty i put on list lol :) Might be about right after you take in count all the 2 Ths miners that will go online soon ....


Title: Re: Difficulty Increase Prediction Poll
Post by: howardb on January 02, 2014, 05:38:21 PM
Thats a bit like guessing what's under the clothes by looking at the face! It's meaningless by itself. Try guessing the $/GH/S/Day to give it some substance.


Title: Re: Difficulty Increase Prediction Poll
Post by: Kluge on January 02, 2014, 05:46:41 PM
Yeah... I remember when Bitcoin was first mined, late 2012.
http://bitcoin.sipa.be/speed-small-lin-ever.png


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on January 02, 2014, 05:57:21 PM
If your waiting for a Pre orderd 2 Ths miner that you might not get till march 1st Im pretty sure where the difficulty will be at time of delivery will be far from meaningless. But I do agree it is harder to predict then you would think.


FYI - I was a little late to get on the bitcoin wagon and I could not afford to get on a Pre-Order !!


Title: Re: Difficulty Increase Prediction Poll
Post by: empoweoqwj on January 04, 2014, 02:35:13 AM
If your waiting for a Pre orderd 2 Ths miner that you might not get till march 1st Im pretty sure where the difficulty will be at time of delivery will be far from meaningless. But I do agree it is harder to predict then you would think.


FYI - I was a little late to get on the bitcoin wagon and I could not afford to get on a Pre-Order !!

You might well be better off this quarter having not got on a pre-order ;)


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on January 04, 2014, 03:58:15 AM
Yeah no shit im kicking myself for the vote i casted on my own damn poll lol. The more i think about the whole defficulty rating explosion the more I think you all are right with those votes of the highest difficult i put on list!! Make sure you count  the decimal places cause that last difficulty on this poll is fucking insane high !! I think a lot of people in the bitcoin scene dont talk enough about 30% increases of difficulty twice per month!! It's like a blessing and a curse at the same time :)


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on January 07, 2014, 10:49:54 PM
Only 3 Days left to Vote !!! Thanks to everyone who voted .....    :)


Title: Re: Difficulty Increase Prediction Poll
Post by: Unacceptable on January 08, 2014, 12:22:53 AM
You need to add 25-30 Petahash diff ::)

15 PH will be reached by late this month,early Feb  :'(


Title: Re: Difficulty Increase Prediction Poll
Post by: empoweoqwj on January 08, 2014, 03:34:37 AM
You need to add 25-30 Petahash diff ::)

15 PH will be reached by late this month,early Feb  :'(

Bit late to add it now. Start a new poll with higher numbers is :)


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on March 21, 2014, 11:22:39 PM
Update !!!  Current difficulty at 4250217919 as of today !! Looks like lots of votes way to high but theres still over a month to go ...  :)  Thanks to everyone who voted on my first poll .....


Title: Re: Difficulty Increase Prediction Poll
Post by: Skaterdiejosh on March 21, 2014, 11:25:14 PM
For the record my vote was at the 18 ph level so I was pretty high on my vote also but could be close by end of April !!!


Title: Re: Difficulty Increase Prediction Poll
Post by: lnternet on March 22, 2014, 12:31:40 PM
And people are saying a 51% attack by a large entity is not possible, yet the rate doubles every 50 days or so