Bitcoin Forum
May 11, 2024, 10:05:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Bitcoin price change origin from BTC mining difficulty
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: Bitcoin price change origin from BTC mining difficulty  (Read 359 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
HeroCat (OP)
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
June 21, 2016, 07:48:11 AM
 #1
Current BTC price change from 450 USD to around 700 USD could origin from BTC mining difficulty. Check BTC mining difficulty from November 2015 till today and you can see all time growing. Check here: https://bitcoinwisdom.com/bitcoin/difficulty   Wink
How can the Bitcoin system be changed?
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715465112
Hero Member
*
Offline Offline

Posts: 1715465112

View Profile Personal Message (Offline)

Ignore
1715465112
1715465112
Reply with quote  #2
1715465112
Report to moderator
1715465112
Hero Member
*
Offline Offline

Posts: 1715465112

View Profile Personal Message (Offline)

Ignore
1715465112
1715465112
Reply with quote  #2
1715465112
Report to moderator
1715465112
Hero Member
*
Offline Offline

Posts: 1715465112

View Profile Personal Message (Offline)

Ignore
1715465112
1715465112
Reply with quote  #2
1715465112
Report to moderator
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
June 21, 2016, 09:13:43 AM
 #2
I think that you've got it the other way around. The only way that that could make sense is if the miners were directly manipulating the price by selling fewer coins. Even though that is a remote possibility, I don't think that it has much to do with the sudden rise. IMO most of the people here have no idea what they're talking about when it comes to the price, only a few actual make decent analysis. They just make guesses.
Note: If the idea behind this thread is to discuss the price changes then it is in the wrong section.
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Bitcoin price change origin from BTC mining difficulty
 « previous topic next topic »
 
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!