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Author Topic: The Elephant in the Room - Difficulty  (Read 638 times)
Bothebu
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June 23, 2017, 08:28:41 PM
 #1

I am surprised there are not more discussions on difficulty increases over the last few weeks.  If you are thinking of getting into mining now....I wouldn't. 

Getting your money back is going to be very difficult at this point.

We need some large price drops in coins to weed out the weak hands.  I would be happy to see ETH around $100.
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June 23, 2017, 08:35:23 PM
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There are. People just choose to ignore what the experts are saying.


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iamnoobplzhelp
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June 23, 2017, 09:27:50 PM
 #3

I am surprised there are not more discussions on difficulty increases over the last few weeks.  If you are thinking of getting into mining now....I wouldn't. 

Getting your money back is going to be very difficult at this point.

We need some large price drops in coins to weed out the weak hands.  I would be happy to see ETH around $100.

If Eth dropped to $100, I would buy so much.... oh to go back to those days....
Bothebu
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June 23, 2017, 09:40:52 PM
 #4

I am surprised there are not more discussions on difficulty increases over the last few weeks.  If you are thinking of getting into mining now....I wouldn't. 

Getting your money back is going to be very difficult at this point.

We need some large price drops in coins to weed out the weak hands.  I would be happy to see ETH around $100.

If Eth dropped to $100, I would buy so much.... oh to go back to those days....

Those days....were just a month a ago...
iamnoobplzhelp
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June 23, 2017, 09:46:09 PM
 #5

I am surprised there are not more discussions on difficulty increases over the last few weeks.  If you are thinking of getting into mining now....I wouldn't. 

Getting your money back is going to be very difficult at this point.

We need some large price drops in coins to weed out the weak hands.  I would be happy to see ETH around $100.

If Eth dropped to $100, I would buy so much.... oh to go back to those days....

Those days....were just a month a ago...

I know! Crazy times...
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June 23, 2017, 10:43:02 PM
 #6

Oh you could of had some crazy cheap eth on Gdax when someone crashed the market down to 10 cents a day or 2 ago.

A $30 buy order at 10 cents would have made you $100k

Quote
On 21 June 2017 at 12:30pm PT, a multimillion dollar market sell was placed on the GDAX ETH-USD order book. This resulted in orders being filled from $317.81 to $224.48, translating into a book slippage of 29.4%. This slippage started a cascade of approximately 800 stop loss orders and margin funding liquidations, causing ETH to temporarily trade as low as $0.10.
Our initial investigations show no indication of wrongdoing or account takeovers.

The chances of this happening again are about as good as hitting the lotto, can't hurt to try  Wink
couture
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June 23, 2017, 10:46:08 PM
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kinda makes me want to place an IF THEN buy order... $100 buy if price is 10c.....



....maybe i should place this kinda order on all the major coins actually.... either cryptographic currency all dies and I lose a few K... or I make a lot of K's..

Or such market rarities wont happen again..
Bothebu
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June 23, 2017, 11:36:28 PM
 #8

Anything is possible.  I thought about it.
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