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Author Topic: New and big difficulty change, how it will affect cex.io Ghs value?  (Read 1201 times)
lerelerele (OP)
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December 09, 2013, 11:31:55 PM
 #1

With a 27,25% difficulty change there will be obviously less profit.

Are you seeing like me a big change in the price in cex.io? (I sold all today at 0.0722)

It Was 0.086 before the last difficulty change (16%) 0,086-16%=0,0722

Is it a coincidence? or we will see 0,0722-27,25%=0,05253?

Will see.
irishjoe
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December 10, 2013, 05:39:10 AM
 #2

How often does the difficulty change?
gamer4156
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December 10, 2013, 05:47:46 AM
 #3

every ~ 2k or so blocks, average 14 days? Numbers just off the top of my head please correct me if I am wrong.
Blackswan122
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December 10, 2013, 10:32:31 AM
 #4

With a 27,25% difficulty change there will be obviously less profit.

Are you seeing like me a big change in the price in cex.io? (I sold all today at 0.0722)

It Was 0.086 before the last difficulty change (16%) 0,086-16%=0,0722

Is it a coincidence? or we will see 0,0722-27,25%=0,05253?

Will see.

Well I look at it differently...I convert current Gh price to dollars at current BTC price....sometimes it's $50...and as high as $72...

Currently 0.07367999Gh = $66.28 (btc $941)
I bought at $57... It was $52 yesterday
Some say I must only think in BTC...but I disagree as I may need to get my money out. In Btc terms it seems it doesn't really matter if it rises of falls it's the conversion to $ that matters. The BTC price falls as BTC value in $ rises... So in my opinion the GH price is closely link to BTC/$ price.
DrG
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December 10, 2013, 10:32:47 AM
 #5

every ~ 2k or so blocks, average 14 days? Numbers just off the top of my head please correct me if I am wrong.

Every 2016 blocks, which if there is no network growth (+ or -) would be every 14 days.  Since the network has been averaging about 30% growth per cycle for the last 1/2 year, it's been closer to every 10 days.
nexus99
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December 10, 2013, 06:28:36 PM
 #6

908 up from 707 before I think. 28% increase?
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