dropt
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December 05, 2014, 02:21:57 AM |
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wow price dumped ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) back to the fair price ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Fair price? Think lower, bro oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340 A 0.73% drop will equate to a price drop just like the 16% difficulty increase in September resulted in the price sky rocketing. what will happen then, difficulty will keep dropping to maybe to 25-35 range until 2016 then doubled because of reward halving ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Difficulty doesn't double. New coins paid halves.
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coinableS
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December 05, 2014, 02:23:56 AM |
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Yea article posted today, but that article was written in July. That website is just a article web ring that shows the first paragraph of an article and then a million ads. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0HNBCES.png%3F1&t=665&c=8xqhz89zvmCOcg)
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kurb3l
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December 05, 2014, 02:25:08 AM |
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Wow, such journalism, much headline. Fits the Speculation sub...
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noobtrader
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December 05, 2014, 02:26:26 AM |
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wow price dumped ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) back to the fair price ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Fair price? Think lower, bro oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340 A 0.73% drop will equate to a price drop just like the 16% difficulty increase in September resulted in the price sky rocketing. what will happen then, difficulty will keep dropping to maybe to 25-35 range until 2016 then doubled because of reward halving ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Difficulty doesn't double. New coins paid halves. but if new coin paid halves, then in effect there will be like doubled difficulty
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kurb3l
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December 05, 2014, 02:31:29 AM |
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No, difficulty does not correlate with the coins mined but the hashrate. By doubling the hashrate you could mine more coins in a short period of time till it readjusts
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NotLambchop
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December 05, 2014, 02:34:24 AM |
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... but if new coin paid halves, then in effect there will be like doubled difficulty
For each individual miner--yeah. For the whole network--no. Only ~half as many coins will be added to Bitcoin every year, ~5% inflation vs ~10%. (yes, oda, I know, just simpler to explain like this).
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noobtrader
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December 05, 2014, 02:43:00 AM |
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No, difficulty does not correlate with the coins mined but the hashrate. By doubling the hashrate you could mine more coins in a short period of time till it readjusts
ok thanks ... but if new coin paid halves, then in effect there will be like doubled difficulty
For each individual miner--yeah. For the whole network--no. Only ~half as many coins will be added to Bitcoin every year, ~5% inflation vs ~10%. (yes, oda, I know, just simpler to explain like this).
wow... lampchop stop trolling us and actually try to enlighten me... wow... tis is gentlemen !!! btw thank you lamp chop... edit : bullish because 10% inflation vs 5%
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dropt
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December 05, 2014, 02:46:45 AM |
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wow... lampchop stop trolling us and actually try to enlighten me... wow... tis is gentlemen !!!
btw thank you lamp chop...
edit : bullish because 10% inflation vs 5%
Stop quoting that wanker.
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cbeast
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Let's talk governance, lipstick, and pigs.
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December 05, 2014, 02:48:31 AM |
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No, difficulty does not correlate with the coins mined but the hashrate. By doubling the hashrate you could mine more coins in a short period of time till it readjusts
ok thanks ... but if new coin paid halves, then in effect there will be like doubled difficulty
For each individual miner--yeah. For the whole network--no. Only ~half as many coins will be added to Bitcoin every year, ~5% inflation vs ~10%. (yes, oda, I know, just simpler to explain like this).
wow... lampchop stop trolling us and actually try to enlighten me... wow... tis is gentlemen !!! btw thank you lamp chop... edit : bullish because 10% inflation vs 5% Whether lambykins knows it or not, we are all in this together. Bitcoin is here to stay.
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ChartBuddy
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December 05, 2014, 03:00:54 AM |
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cryyptc
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#BITCOIN4LIFE
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December 05, 2014, 03:05:00 AM |
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Talking of giving someone a slap
Did you get bitchslapped by the invisible hand? Not unexpected ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) /\dat hand was out of control.. NOT mah fault ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Lol ~> http://en.wikipedia.org/wiki/Alien_hand_syndrome
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empowering
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December 05, 2014, 03:16:31 AM |
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Yeah thanks for that... I have the numpty on ignore for a reason = because, v boring.
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NotLambchop
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December 05, 2014, 03:57:31 AM |
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Yeah thanks for that... I have the numpty on ignore for a reason = because, v boring.
You're naggier than my cat, empowering. Fine, I'll play. Does empowering want the string?? Could it be this string? Huh? Who likes to play with the string? Who can't catch the string?! Is it empowering?! Oh, looks like i'm gonna let you have it ...onooo, so close! Who's an angry empowering because he can't catch the string? Ok, enough, now I'm bored. Here, take the fucking string ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) And don't let me catch you slinking around here again! @everyone else: Bet that BTCeanie BTCaby investment you passed up on is starting to look mighty good right about now...
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ChartBuddy
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December 05, 2014, 04:00:53 AM |
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ChartBuddy
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December 05, 2014, 05:00:54 AM |
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aminorex
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Sine secretum non libertas
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December 05, 2014, 05:12:02 AM |
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these days you can't can be sure. Spies everywhere.
FTFY
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aminorex
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Sine secretum non libertas
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December 05, 2014, 05:18:53 AM |
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Yeah thanks for that... I have the numpty on ignore for a reason = because, v boring.
i have him on ignore because i don't want to think about the manner of events required to arrive at a just end. i am not the batman. i am not the batman. i am not the batman...
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Chef Ramsay
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December 05, 2014, 05:34:48 AM |
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Yeah thanks for that... I have the numpty on ignore for a reason = because, v boring.
i have him on ignore because i don't want to think about the manner of events required to arrive at a just end. i am not the batman. i am not the batman. i am not the batman... Or, u da man? spell it out ma friendz and do clarify.
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ChartBuddy
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December 05, 2014, 06:00:56 AM |
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