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Poll
Question: Do you think the difficulty will continue to drop?  (Voting closed: August 30, 2011, 03:39:54 AM)
Yes - 7 (63.6%)
No - 4 (36.4%)
Total Voters: 11

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Author Topic: Projected BitCoin difficulty drop  (Read 2202 times)
xylo
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August 16, 2011, 01:15:54 AM
 #21

Current difficulty: 1805700.8361937, Estimated difficulty: 7222827.06887830, 300% increase in 2015 blocks, 1w 6day 23hr 50min 0se

Oh dear....  Cheesy


1802901 in 2009 blks  Roll Eyes
I'll give you a hint that's less than the decrease.  Did you put in too many 2s or something? Huh

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ElectricMucus
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August 16, 2011, 04:17:16 AM
 #22

Well you can overlay the computing power graph with the google trends graph, just time-delayed...

oops I already said too much  Lips sealed

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August 16, 2011, 04:56:51 AM
 #23

Looks like someone reset the poll (was 8 yes, 0 no), so I've re-opened the poll for the next difficulty change.

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August 16, 2011, 10:54:00 AM
 #24

Current difficulty: 1805700.8361937, Estimated difficulty: 7222827.06887830, 300% increase in 2015 blocks, 1w 6day 23hr 50min 0se

Oh dear.... 

every .. fucking .. time       

^^

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August 16, 2011, 09:50:35 PM
 #25

Looks like someone reset the poll (was 8 yes, 0 no), so I've re-opened the poll for the next difficulty change.

It wasn't reset, it was changed.  It was "do you think difficulty will drop" now it's "do you think difficulty will continue to drop".

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August 16, 2011, 10:45:39 PM
 #26

Looks like someone reset the poll (was 8 yes, 0 no), so I've re-opened the poll for the next difficulty change.

It wasn't reset, it was changed.  It was "do you think difficulty will drop" now it's "do you think difficulty will continue to drop".
Ah, I see.

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August 21, 2011, 10:36:36 AM
 #27

Wouldn't difficulty stay about the same from now on?

I ask this because a dropping difficulty would take an active action on part of the miners. Wouldn't those who already set it up would most likely stick with it?
I mean it could be possible that the price of bitcoin plunges further demotivating some people but not a majority...

The other question is to what extent this forum and the community is just the tip of the iceberg... Most miners probably got to bitcoin via mouth to mouth propaganda and are not following the development to this extent, and such ignore most market movements. 

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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