Bitcoin Forum
June 30, 2024, 05:39:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: THIS THREAD IS FOR SPECULATION FORUM  (Read 395 times)
papaminer (OP)
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250


Free World


View Profile WWW
April 10, 2013, 05:20:13 PM
 #1

SO PEOPLE ARE SPECULATING...

BTC IS GOING UP...

or

BTC GOING DOWN...

FOR STARTERS...

Here are some facts...

IF A THING IS VERY RARE (DIFFICULT TO ACHIEVE/FIND/MINE) LIKE BTC... THEN IT ONLY MAKE SENSE THAT ITS VALUE IS "HIGH".

IF YOU THINK LIKE IT IS HARD TO FIND AND STILL IT IS VERY CHEAP IT IS RIDICULOUS!!!!

HERE IS A HINT!!!

MINERS ARE NOW MOSTLY FPGAs and ASICS (FAST AS &^!#)... HASH RATE WENT TO THE ROOF! THUS THE REASON FOR DIFFICULTY INCREASE...

SO YES IT IS VERY VERY VERY HARD TO GET BITCOINS BY MEANS OF MINING...

FOR PEOPLE SAYING CRAP ABOUT BUBBLES...

AS LONG AS DIFFICULTY INCREASES THE VALUE OF BTC WILL HOLD ITSELF...


฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z

MORE INFO ABOUT ME: BTC
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!