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Author Topic: Sleeping giant is awakening?? LTC back to $50 now ??  (Read 12474 times)
QuintLeo
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April 19, 2017, 08:37:32 AM
 #161


plus tired of market manipulation.. normally when Network Rate Rises and Difficulty rises we see prices going up and not down.


 You have that backwards - it is the price rise that drives folks into increasing their hardware buys driving the hashrate/difficulty up, NOT the other way around.

 Litecoin though spent a several-month period prior to the first shipments of the A4 with *zero* new gear in the market available TO buy.

 The current rise in hashrate makes me suspect BitMain got some more chips for their L3 and sold another batch - coupled with Innosilicon probably selling as many A4 units as they can make now that they have the toothing pains of the first 2 batches fixed.


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