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biggus dickus
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May 14, 2016, 04:25:01 PM |
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I'm looking at tradeblock and it is showing blocks being made with average 4 minutes apart!! That's crazy.. difficulty is supposed to keep re-targeting for a time of 10 minutes. That is an unimaginable increase in hashing power to get down from the target of 10 min.  https://tradeblock.com/bitcoin/It's normal, the target is an average of 10 min. Occasionally series of blocks are found excessively quickly, or excessively slowly. Mostly they are found roughly every ten mins, and the smaller number of irregularly timed ones cancel each other out in the averaging calculation. |
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edgar
Legendary
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Activity: 1859
Merit: 1001
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May 14, 2016, 05:31:25 PM |
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socks talking to themselves again?
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hdbuck
Legendary
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Activity: 1260
Merit: 1002
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May 14, 2016, 05:33:38 PM |
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socks talking to themselves again?
much echo. |
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whored
Newbie
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Activity: 42
Merit: 0
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May 14, 2016, 05:43:48 PM
Last edit: May 14, 2016, 06:01:54 PM by whored |
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socks talking to themselves again?
much echo. Yes, apparently. |
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klondike_bar
Legendary
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Activity: 2170
Merit: 1005
ASIC Wannabe
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May 14, 2016, 05:58:56 PM |
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As bullish as it sounds, this is also what im seeing in the charts. sometime around May 21st the price will likely begin signalling an exit from the current flag, likely in an upwards direction. crossing $470 will probably mean little resistance at the $500 mark, then a brief rally into the $620->$520->$580->$540 range depicted, followed by another few months of slow bullish consolidation through halving edit: the range depicted actually looks like a peak at ~$750, which i dont beleive. $600-$650 range would provide massive resistance and it could take weeks or months to eat through it during consolidation |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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May 14, 2016, 06:00:40 PM |
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As bullish as it sounds, this is also what im seeing in the charts. sometime around May 21st the price will likely begin signalling an exit from the current flag, likely in an upwards direction. crossing $470 will probably mean little resistance at the $500 mark, then a brief rally into the $620->$520->$580->$540 range depicted, followed by another few months of slow bullish consolidation through halving Im totally concur... thats the plan to reach 700-800 price range after halving |
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whored
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Activity: 42
Merit: 0
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May 14, 2016, 06:02:47 PM |
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How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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May 14, 2016, 06:13:28 PM |
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How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?
thats is totally not true... i will unload only above ATH, and buy back when price retreat. |
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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May 14, 2016, 06:19:49 PM |
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JayJuanGee
Legendary
 Online
Activity: 4200
Merit: 12849
Self-Custody is a right. Say no to "non-custodial"
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May 14, 2016, 07:05:47 PM |
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Can't seem to break through that $460 major psychological resistance. Bankster j00z blocking our shine  You are getting a bit ahead of yourself, whored.... Based on the ongoing low volume trading, I would frame the current state of bitcoin a bit differently. BTC prices keep trickling up, and in the past several days, there has been difficulties to get folks to sell BTC and to get prices to go (and to stay) below $450. Poor lillie bears... gonna get r3kt.. if they aren't already..  |
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DaRude
Legendary
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Activity: 3138
Merit: 2007
In order to dump coins one must have coins
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May 14, 2016, 07:08:10 PM |
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I'm looking at tradeblock and it is showing blocks being made with average 4 minutes apart!! That's crazy.. difficulty is supposed to keep re-targeting for a time of 10 minutes. That is an unimaginable increase in hashing power to get down from the target of 10 min. https://tradeblock.com/bitcoin/Are you saying the halfening will be sooner than we're expecting? |
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gentlemand
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Activity: 2604
Merit: 3089
Welt Am Draht
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May 14, 2016, 07:20:51 PM |
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Very possible, no? I think it's already moved up a week or two compared to predictions from last year.
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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May 14, 2016, 09:07:41 PM |
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Don't you folks have a DAO I can invest in or something?
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Fatman3001
Legendary
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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May 14, 2016, 09:22:32 PM |
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Don't you folks have a DAO I can invest in or something?
GTFO ASAP DAO DOA |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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May 14, 2016, 09:25:56 PM |
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Don't you folks have a DAO I can invest in or something?
GTFO ASAP DAO DOA Come on, wats a hundred million or so? It'll be fun!  |
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Fatman3001
Legendary
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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May 14, 2016, 09:37:01 PM |
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Don't you folks have a DAO I can invest in or something?
GTFO ASAP DAO DOA Come on, wats a hundred million or so? It'll be fun! wut?  ehh... I'm eating. |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1012
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May 14, 2016, 09:50:24 PM |
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Dead Or Alive ?  |
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yefi
Legendary
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Activity: 2842
Merit: 1513
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May 14, 2016, 10:11:45 PM |
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How long do you gentlemen think it'll take people to figure out that *all of you* are waiting for the halvening to unload, and start trying to beat the maddening crowds?
The counter-intuition is too obvious imo. And do all of us yet represent a crowd? Our ranks seem thin. |
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Syke
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Activity: 3878
Merit: 1193
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May 14, 2016, 11:37:04 PM |
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Don't you mean this one?  |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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May 15, 2016, 12:33:15 AM |
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Poll
