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Costia
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January 30, 2012, 07:44:18 PM
 #21
I was talking about the current difficulty and not future projections.
At most , this can tell you what the miners speculate. Increasing the hashrate isn't a matter of hours - it can take weeks or at least days to get another big rig running. so miners respond relatively slow to the market.
I think that speculators have the biggest impact on the current price and not some technical indicator like hashrate.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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January 30, 2012, 07:54:17 PM
 #22
HA!

The speculator in me thought you were going to say we were under attack due to the stability!

It's killing profits!!! Who the fffuuu is selling and buying to match the attempts to move!!

On the other hand, good for btc, hence good for us all Smiley
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January 30, 2012, 07:57:48 PM
 #23
Quote from: reg on January 30, 2012, 10:41:37 AM
are we under attack?
Your mother is under attack
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January 30, 2012, 09:10:30 PM
 #24
Quote from: Spekulatius on January 30, 2012, 07:57:48 PM
Quote from: reg on January 30, 2012, 10:41:37 AM
are we under attack?
Your mother is under attack
Your mother is the attack.
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January 30, 2012, 10:06:28 PM
 #25
we're starting threads every time we have hunches now? Roll Eyes
this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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