Difficulty Dropping, Prices Rising

carborundum (OP)

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Difficulty Dropping, Prices Rising

March 27, 2013, 07:16:04 PM

#1

Looks like a dream combination.... There has to be a crash coming!

Peter Lambert

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It's all fun and games until somebody loses an eye

Re: Difficulty Dropping, Prices Rising

March 27, 2013, 07:26:26 PM

#2

Quote from: carborundum on March 27, 2013, 07:16:04 PM

Looks like a dream combination.... There has to be a crash coming!

Or, more likely, the difficulty will go up quite a bit in the near future.

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theowalpott

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Re: Difficulty Dropping, Prices Rising

March 27, 2013, 08:06:15 PM

#3

The higher the difficulty, the more variance you should expect. Right now the general trend is still a slight (%-wise) increase in difficulty. Difficulty tends to follow price, not the other way round.

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porcupine87

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hm

Re: Difficulty Dropping, Prices Rising

March 28, 2013, 12:24:37 AM

#4

looks crashy, crashy

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics

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Re: Difficulty Dropping, Prices Rising

March 28, 2013, 06:37:37 PM

#5

Price drives mining rewards which determine the number of miners and thus the difficulty. But the beauty of bitcoin is that no one knows what will happen next that will send bitcoin up 100% or down 50%. At this point, I'm just enjoying the ride.