Bitcoin Forum
May 26, 2024, 12:36:48 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: want 2 know  (Read 332 times)
tearsdontfall (OP)
Member
**
Offline Offline

Activity: 66
Merit: 10


View Profile
February 12, 2015, 05:19:29 AM
 #1

If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??

Uncle Axetime
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
February 12, 2015, 10:06:07 AM
 #2

If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??

nobody knows. seems unlikely. also, the past can't predict the future
Gronthaing
Legendary
*
Offline Offline

Activity: 1135
Merit: 1001


View Profile
February 12, 2015, 04:12:20 PM
 #3

If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??

I imagine that depends on too many things. And probably won't be equal across cryptocurrencies. Someone can just code one that alternates between high and low difficulty arbitrarily. No market connection whatsoever. Wouldn't last long but you get the idea.
lite
Legendary
*
Offline Offline

Activity: 1400
Merit: 1009


View Profile
February 12, 2015, 04:45:55 PM
 #4

If any cryptocurrency  network difficulty goes really high does it have any link with this that coin price will also go high ??
that depends on the coin if it has demand price will go high..
AtheistAKASaneBrain
Hero Member
*****
Offline Offline

Activity: 770
Merit: 509


View Profile
February 12, 2015, 05:36:18 PM
 #5

It sometimes can be the indicator of a clear pump in the making. People is mining to pump later for BTC.
Cryptonitex
Full Member
***
Offline Offline

Activity: 210
Merit: 100


View Profile
February 12, 2015, 06:20:51 PM
 #6

Harder to mine, so less coins to mine right. But probably no correlation.
Pages: [1]
  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!