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Bitcoin Forum > Economy > Economics > Speculation > Price V Difficulty speculation.
Poll
Question: During the following 12 months:  
Difficulty will increase relatively faster than price? - 56 (84.8%)
Price will increase relatively faster than difficulty? - 10 (15.2%)
Total Voters: 66

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Author Topic: Price V Difficulty speculation.  (Read 3479 times)
btc6000
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June 07, 2013, 12:38:54 PM
 #21
Quote from: Rival on June 07, 2013, 11:32:43 AM
When a miner becomes unprofitable it is simply because other people are drinking his milkshake. Everything else is noise.

Nice reference from There will be Blood

Clever miners don't spunk all their profit on Silkroad and instead early adopt next-generation hardware. CPU > GPU > FPGA > ASIC > ASIC II?
We have come to be one of the worst ruled, one of the most completely controlled and dominated, governments in the civilized world—no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and the duress of small groups of dominant men.
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