Newest Diff thread April 19th to May 1st-Closed for picks!!

[philipma1957]

What is GBTC and what does it have to do with diff adjustment?

Is it your thought that this will raise the price of BTC?


http://www.nasdaq.com/symbol/gbtc/stock-chart


looks to be put on hold see link above.

there is a rally of sorts as  I see coinbase.com at 232 usd

https://www.coinbase.com/charts

[Bittings]

What is GBTC and what does it have to do with diff adjustment?

Is it your thought that this will raise the price of BTC?


http://www.nasdaq.com/symbol/gbtc/stock-chart


looks to be put on hold see link above.

there is a rally of sorts as  I see coinbase.com at 232 usd

https://www.coinbase.com/charts

GBTC is a kind of BTC ETF and will give opportunities to "normal" investors to invest in BTC. Yes, I believe it affects BTC price in a positive way since there will be new demand for BTC.

And how do I relate to diff adjustment: Well, normally BTC price follows difficulty as what I understand from mining-price relationship. However, I believe (possible) increase in the price of BTC with this kind of demand outside of BTC world will trigger to miners back to BTC mining (regardless of electricity cost or other more profitable sha256 alt mining) 
Of course , this is just my speculation.

[philipma1957]

What is GBTC and what does it have to do with diff adjustment?

Is it your thought that this will raise the price of BTC?


http://www.nasdaq.com/symbol/gbtc/stock-chart


looks to be put on hold see link above.

there is a rally of sorts as  I see coinbase.com at 232 usd

https://www.coinbase.com/charts

GBTC is a kind of BTC ETF and will give opportunities to "normal" investors to invest in BTC. Yes, I believe it affects BTC price in a positive way since there will be new demand for BTC.

And how do I relate to diff adjustment: Well, normally BTC price follows difficulty as what I understand from mining-price relationship. However, I believe (possible) increase in the price of BTC with this kind of demand outside of BTC world will trigger to miners back to BTC mining (regardless of electricity cost or other more profitable sha256 alt mining) 
Of course , this is just my speculation.

Would be nice to see this.  Demand has not been too good. I am hoping this pushes demand upward.

 Funny you think BTC price follows difficulty.   I guess it is a chicken or the egg thing.

[ezeminer]

What is GBTC and what does it have to do with diff adjustment?

Is it your thought that this will raise the price of BTC?


http://www.nasdaq.com/symbol/gbtc/stock-chart


looks to be put on hold see link above.

there is a rally of sorts as  I see coinbase.com at 232 usd

https://www.coinbase.com/charts

GBTC is a kind of BTC ETF and will give opportunities to "normal" investors to invest in BTC. Yes, I believe it affects BTC price in a positive way since there will be new demand for BTC.

And how do I relate to diff adjustment: Well, normally BTC price follows difficulty as what I understand from mining-price relationship. However, I believe (possible) increase in the price of BTC with this kind of demand outside of BTC world will trigger to miners back to BTC mining (regardless of electricity cost or other more profitable sha256 alt mining) 
Of course , this is just my speculation.

Would be nice to see this.  Demand has not been too good. I am hoping this pushes demand upward.

 Funny you think BTC price follows difficulty.   I guess it is a chicken or the egg thing.

I have had people tell me price is more dependant on how much people trust in Bitcoin. More of a how much will you put in for how much you believe it will rise. If that makes any sense.

[suchmoon]

Also this:

http://techcrunch.com/2015/04/30/circle-goldman-sachs/

While not a direct investment in Bitcoin, it's still quite significant - a big Wall Street firm making an investment that might increase the use/demand for Bitcoin.

~$235 now.

[philipma1957]

Also this:

http://techcrunch.com/2015/04/30/circle-goldman-sachs/

While not a direct investment in Bitcoin, it's still quite significant - a big Wall Street firm making an investment that might increase the use/demand for Bitcoin.

~$235 now.

  For a miner centric person like myself anything making more demand attracts my interest.  I would be nice to have a good long term upward trend.  Being in my late 50's I can recall serious discussions about gold being resistive to breaking the 300 dollar ceiling. I see one of BTC's biggest issues of  acting as  a hedge property being   fixed by these wall street type investors.
I would love to see a controlled rise to 800- 1000

[notlist3d]

Bitwisdom is still showing a negative:

Bitcoin Difficulty:    47,610,564,513
Estimated Next Difficulty:    46,816,293,985 (-1.67%)
Adjust time:    After 433 Blocks, About 3.1 days
Hashrate(?):    324,695,194 GH/s

With price going up to 235, it looks pretty good right now.

[alh]

  For a miner centric person like myself anything making more demand attracts my interest.  I would be nice to have a good long term upward trend.  Being in my late 50's I can recall serious discussions about gold being resistive to breaking the 300 dollar ceiling. I see one of BTC's biggest issues of  acting as  a hedge property being   fixed by these wall street type investors.
I would love to see a controlled rise to 800- 1000

It's not obvious to me at all that having Wall Street take an interest is a good thing, for the long term. We all learned first hand what Wall Street can do to things that are usually pretty stable and boring like mortgages. While I think a controlled rise would be swell, your idea and mine about "controlled" might be quite different than Goldman Sachs.

[philipma1957]

  For a miner centric person like myself anything making more demand attracts my interest.  I would be nice to have a good long term upward trend.  Being in my late 50's I can recall serious discussions about gold being resistive to breaking the 300 dollar ceiling. I see one of BTC's biggest issues of  acting as  a hedge property being   fixed by these wall street type investors.
I would love to see a controlled rise to 800- 1000

It's not obvious to me at all that having Wall Street take an interest is a good thing, for the long term. We all learned first hand what Wall Street can do to things that are usually pretty stable and boring like mortgages. While I think a controlled rise would be swell, your idea and mine about "controlled" might be quite different than Goldman Sachs.

Only time will tell.  Pump to the moon  and dump to the ocean is as likely as a smooth move to 1000 usd.

BTW 238 usd at coinbase.

[notlist3d]

  For a miner centric person like myself anything making more demand attracts my interest.  I would be nice to have a good long term upward trend.  Being in my late 50's I can recall serious discussions about gold being resistive to breaking the 300 dollar ceiling. I see one of BTC's biggest issues of  acting as  a hedge property being   fixed by these wall street type investors.
I would love to see a controlled rise to 800- 1000

It's not obvious to me at all that having Wall Street take an interest is a good thing, for the long term. We all learned first hand what Wall Street can do to things that are usually pretty stable and boring like mortgages. While I think a controlled rise would be swell, your idea and mine about "controlled" might be quite different than Goldman Sachs.

Only time will tell.  Pump to the moon  and dump to the ocean is as likely as a smooth move to 1000 usd.

BTW 238 usd at coinbase.

BTC slightly going down currently at 238.  Hopefully trend goes back up.  Guess we will see over night.

I don't sell much so I guess I don't get wrapped up on prices each day.

[philipma1957]

I believe this is up to date.

 http://btc.blockr.io/charts

145  Apr   19th  half old adjustment
155  Apr   20th    + 12
157  Apr   21st    + 25
149  Apr   22nd   + 30  
131  Apr   23rd   + 17 blocks is real time number  
124  Apr   24th    -  3   blocks is a real time number at the end of the 24th
159  Apr   25th   + 22 blocks
151  Apr   26th   + 29 blocks
135  Apr   27th   + 20 blocks
150  Apr   28th    +26 blocks
130  Apr   29th    +12 blocks
133  Apr   30th     +1 block

about as close to 0 as it can be

1639 blocks made rather then 1638 blocks made   = a real number of  (+0.0006%)


so with only 377 blocks left   -2.5%  to +  2.5%   could win



-2.26 to -2.50% Bittings
-2.01 to -2.25% RoadStress
-1.76 to -2.00% Lboss
-1.51 to -1.75% RubyPaul1
-1.26 to -1.50% gallery2000
-1.01 to -1.25% philipma1957
-0.76 to  -1.00% Jamphone
-0.50 to -0.75%  eretron
-0.26 to -0.50% shapeshift
-0.01 to -0.25% Amph

0.00   EMIF

+0.01 to 0.25% zebedee
+0.26 to 0.50% crazyivan
+0.51 to 0.75% hellfrozenow
+0.76 to 1.00% coinits
+1.01 to 1.25% mavericklm
+1.26 to 1.50% SunnyIgor
+1.51 to 1.75% Korbman
+1.76 to 2.00% HerbPean
+2.01 to 2.25% armedmilitia
+2.26 to 2.50% notlist3d


I know that www.bitcoinwisdom.com reads   (-1.37%)

I think it would be almost next to impossible for a miss  as sinking under Bittings pick of  -2.26% to -2.50% becomes  very hard.  

Back to back  to back  125 days would get us too low for a winner.  

[notlist3d]

Also tonight we are sitting around 236.   It is on a downward trend slightly.

But not a bad day for btc price, overall a good day.

[notlist3d]

Also tonight we are sitting around 236.   It is on a downward trend slightly.

But not a bad day for btc price, overall a good day.

Bitcoin is making a late night rally currently 239.  Were going from downward trend to upward which is nice.

We will see hopefully we can get in 240's.  But I'm guessing there are some automatic triggers on trading that will have a little bit of a wall.

[Mikestang]

Also tonight we are sitting around 236.   It is on a downward trend slightly.

But not a bad day for btc price, overall a good day.

Bitcoin is making a late night rally currently 239.  Were going from downward trend to upward which is nice.

We will see hopefully we can get in 240's.  But I'm guessing there are some automatic triggers on trading that will have a little bit of a wall.

It turned back down while you slept, around $235 as I type this.  Price has been fairly stable this entire adjustment period.

[notlist3d]

Currently BTC around 234 on a slight downward trend.  Difficulty is on a upward trend here is bitwisodom:

Bitcoin Difficulty:    47,610,564,513
Estimated Next Difficulty:    47,289,108,311 (-0.68%)
Adjust time:    After 303 Blocks, About 2.1 days
Hashrate(?):    328,759,529 GH/s

[notlist3d]

Looking like we will be getting a negative or low positive.  Bitwisdom:

Bitcoin Difficulty:    47,610,564,513
Estimated Next Difficulty:    47,388,471,672 (-0.47%)
Adjust time:    After 245 Blocks, About 1.7 days
Hashrate(?):    327,886,167 GH/s

BTC currently at 333 per and is on a slight upward trend tonight.

[philipma1957]

I believe this is up to date.

 http://btc.blockr.io/charts

145  Apr   19th  half old adjustment
155  Apr   20th    + 12
157  Apr   21st    + 25
149  Apr   22nd   + 30  
131  Apr   23rd   + 17 blocks is real time number  
124  Apr   24th    -  3   blocks is a real time number at the end of the 24th
159  Apr   25th   + 22 blocks
151  Apr   26th   + 29 blocks
135  Apr   27th   + 20 blocks
150  Apr   28th    +26 blocks
130  Apr   29th    +12 blocks
133  Apr   30th     +1 block
144  May     1st     +1 block

about as close to 0 as it can be

1780 blocks made rather then 1779 blocks made   = a real number of  (+0.00056%)


so with only 236 blocks left   -2.5%  to +  2.5%   could win



-2.26 to -2.50% Bittings
-2.01 to -2.25% RoadStress
-1.76 to -2.00% Lboss
-1.51 to -1.75% RubyPaul1
-1.26 to -1.50% gallery2000
-1.01 to -1.25% philipma1957
-0.76 to  -1.00% Jamphone
-0.50 to -0.75%  eretron
-0.26 to -0.50% shapeshift
-0.01 to -0.25% Amph

0.00   EMIF

+0.01 to 0.25% zebedee
+0.26 to 0.50% crazyivan
+0.51 to 0.75% hellfrozenow
+0.76 to 1.00% coinits
+1.01 to 1.25% mavericklm
+1.26 to 1.50% SunnyIgor
+1.51 to 1.75% Korbman
+1.76 to 2.00% HerbPean
+2.01 to 2.25% armedmilitia
+2.26 to 2.50% notlist3d


I know that www.bitcoinwisdom.com reads   (-0.56%%)

I think it would be almost next to impossible for a miss  as sinking under Bittings pick of  -2.26% to -2.50% becomes  very hard.  


Most likely -1 to + 1 % .

[EternalWingsofGod]

I'm going to say it's likely to stay in the negatives between Jamphone and eretron at present.
That said if we see a decrease in this round the next one will likely be green since we haven't had a consecutive difficulty decrease in a long time.

Bitcoin Difficulty: 47,610,564,513
Estimated Next Difficulty: 47,355,872,972 (-0.53%)  
Adjust time: After 231 Blocks, About 1.6 days  
Hashrate(?): 325,322,454 GH/s

[notlist3d]

I'm going to say it's likely to stay in the negatives between Jamphone and eretron at present.
That said if we see a decrease in this round the next one will likely be green since we haven't had a consecutive difficulty decrease in a long time.

Bitcoin Difficulty: 47,610,564,513
Estimated Next Difficulty: 47,355,872,972 (-0.53%)  
Adjust time: After 231 Blocks, About 1.6 days  
Hashrate(?): 325,322,454 GH/s

I would agree if we somehow get lucky enough to have a second negative.  There is no way we will get three in a row.

It has slowed down, but not near that level on new hash.  Three negative I think would be a first time ever if it happened.

[philipma1957]

I'm going to say it's likely to stay in the negatives between Jamphone and eretron at present.
That said if we see a decrease in this round the next one will likely be green since we haven't had a consecutive difficulty decrease in a long time.

Bitcoin Difficulty: 47,610,564,513
Estimated Next Difficulty: 47,355,872,972 (-0.53%)  
Adjust time: After 231 Blocks, About 1.6 days  
Hashrate(?): 325,322,454 GH/s

I would agree if we somehow get lucky enough to have a second negative.  There is no way we will get three in a row.

It has slowed down, but not near that level on new hash.  Three negative I think would be a first time ever if it happened.

I don't know if 3 negs in a row ever happened.  we are really close to 0 at the moment .

https://bitcoinwisdom.com/bitcoin/difficulty     (-0.09%)


www.coinbase.com = 234 usd

188 blocks to go means  12 noon to 4 pm eastern standard time  sunday the 3rd