Bitcoin Forum
May 05, 2024, 09:25:46 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Bitcoin difficulty prediction  (Read 2413 times)
MUGOmugo
Member
**
Offline Offline

Activity: 188
Merit: 10


View Profile
February 10, 2018, 03:26:19 AM
 #21

I  think so bitcoin difficulty prediction That's the reason why there are a lot of unconfirmed transactions and some transactions took a long time to confirmed. And based on trends, this difficulty will increase as time goes by because the bitcoin users are also increasing.

Yes maybe it is one of the reason but we are not holding the system to know and predict everything, we will just have to listens opinions from others because with that we can get some information about some prediction of the bitcoin.
1714901146
Hero Member
*
Offline Offline

Posts: 1714901146

View Profile Personal Message (Offline)

Ignore
1714901146
Reply with quote  #2

1714901146
Report to moderator
1714901146
Hero Member
*
Offline Offline

Posts: 1714901146

View Profile Personal Message (Offline)

Ignore
1714901146
Reply with quote  #2

1714901146
Report to moderator
Activity + Trust + Earned Merit == The Most Recognized Users on Bitcointalk
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714901146
Hero Member
*
Offline Offline

Posts: 1714901146

View Profile Personal Message (Offline)

Ignore
1714901146
Reply with quote  #2

1714901146
Report to moderator
1714901146
Hero Member
*
Offline Offline

Posts: 1714901146

View Profile Personal Message (Offline)

Ignore
1714901146
Reply with quote  #2

1714901146
Report to moderator
ranochigo
Legendary
*
Offline Offline

Activity: 2954
Merit: 4166


View Profile
February 10, 2018, 04:13:20 AM
 #22

I  think so bitcoin difficulty prediction That's the reason why there are a lot of unconfirmed transactions and some transactions took a long time to confirmed. And based on trends, this difficulty will increase as time goes by because the bitcoin users are also increasing.
Difficulty is NOT and WILL NEVER be affected by the number of transactions on the network. The actual validation of the transaction can be done by anyone with fairly little CPU power. ASICs do not validate transactions at all.

The main and only factor that directly affects the difficulty is the time that a block is generated and thus the amount of hashpower on the network. If the block interval is too high, the difficulty increases and vice-versa.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
Fixart96
Newbie
*
Offline Offline

Activity: 252
Merit: 0


View Profile
February 17, 2018, 02:06:43 PM
 #23

The degree of difficulty can not also be determined from bitcoin prices, but also depends on the total miners worldwide or so called hashpower. So the more total hashpower on the coin the more difficult the level of mining.
AlexViet
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
February 17, 2018, 04:01:59 PM
 #24


I agree with your opinion. As the difficulty increases, the value of the bitcoin in the future is further confirmed and the crypto field grows
ridertiger (OP)
Full Member
***
Offline Offline

Activity: 490
Merit: 110



View Profile
February 18, 2018, 11:02:38 AM
 #25

I think there is a halving in 2020 and bitcoin value should be 100K at least then. It could be more than that, dunno.
veleten
Legendary
*
Offline Offline

Activity: 2016
Merit: 1106



View Profile
February 19, 2018, 07:15:48 AM
 #26

I think there is a halving in 2020 and bitcoin value should be 100K at least then. It could be more than that, dunno.

some positive thinking there,but not improbable
halvings don't have that much of an influence over price,they do but it is not the main factor

as for the difficulty prediction,it is very hard to predict if you are not an ASIC vendor
they pretty much have the last word as to how the difficulty is-they can sell or hold batches
and announce or postpone new machines to control the maximum hashrate the network has

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
[/t
madwica
Hero Member
*****
Offline Offline

Activity: 714
Merit: 531


View Profile
February 19, 2018, 07:40:43 AM
 #27

I think there is a halving in 2020 and bitcoin value should be 100K at least then. It could be more than that, dunno.
The basis of your prediction is from previous halving that brings good impact in the bitcoin price but honestly halving has no effect in bitcoin value which incidentally at that time the demand of bitcoin increases due to positive thinking of many investors that after the even the price of bitcoin will increase.
But i am hoping too that in that time even without halving the value of bitcoin would rise constantly and will brings more profit to all of us.
ridertiger (OP)
Full Member
***
Offline Offline

Activity: 490
Merit: 110



View Profile
February 20, 2018, 10:00:42 AM
 #28

So, what you are saying that because the investors expect bitcoin price to increase, they buy more and it increases?
Well, that makes sense, so I think we can expect another huge price increase going to the next halving in 2020 Smiley
I think there is a halving in 2020 and bitcoin value should be 100K at least then. It could be more than that, dunno.
The basis of your prediction is from previous halving that brings good impact in the bitcoin price but honestly halving has no effect in bitcoin value which incidentally at that time the demand of bitcoin increases due to positive thinking of many investors that after the even the price of bitcoin will increase.
But i am hoping too that in that time even without halving the value of bitcoin would rise constantly and will brings more profit to all of us.
Protected101
Full Member
***
Offline Offline

Activity: 210
Merit: 117


View Profile
February 24, 2018, 12:15:06 AM
 #29

For me Its hard to find the prediction always but I think its because of the indemand and people come and go in crypto ,its affects the price value so that sometimes we cannot accurate our speculation in value.Always be positive for increasing of bitcoin for us to earn more profit in the near future.
orarider
Sr. Member
****
Offline Offline

Activity: 575
Merit: 250


View Profile
February 24, 2018, 11:58:56 PM
 #30

In the future bitcoin will face many difficulties when it is banned in some countries. The fact that many people use computers with high configurations to make bitcoins makes the market more difficult. Bitcoin decreases in value and affects the users.
ridertiger (OP)
Full Member
***
Offline Offline

Activity: 490
Merit: 110



View Profile
February 25, 2018, 11:24:21 AM
 #31

I see a lot of answers that are simply "word salads". Is there anyone with a good idea as to how we can use the bitcoin difficulty increases to predict the price changes, or maybe a program to predict this? It would be nice if we had an algorithm saying that there, it is time for the bitcoin price to increase, simply because of difficulty increase. This would affect the market and people would buy more bitcoin, actually increasing the price.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!