The supply will not increase, the amount of coins created will be the same.
U r wrong. For a short period of time (2016-block step) coins will be generated faster.
Topic: Are you expecting a crash when Avalon Asics will be released? - page 2. (Read 2927 times)
U r wrong. For a short period of time (2016-block step) coins will be generated faster.
OP please try to understand Bitcoin before you talk OK?
It's a self regulating protocol. Roughly the same number of coin will be generated, just the difficulty is going to skyrocket even more.
Is it going to be a crash?
Avalon or not, miners will want to sell at current juicy prices. So, perhaps not a crash, but a slow decline.
Is this some sort of waybackmachine? Or replace avalon with bfl?
The supply will not increase, the amount of coins created will be the same.
Is it going to be a crash?
No. Everything you wrote is not valid.
When the first device will be received, the owner will mine like crazy, and the supply will increase.
The early one will know that soon, everyone will receive their own one, and want to sell it fast, in order to make some profit (because they invested a lot).
The investors that bet that the price of bitcoins was going to skyrocket to 1000 USD will see that a lot of new bitcoins are being sold, and the demand is the same (or even decreasing, because they will be afraid by those new btc that come way too fast).
Then, more people will have Avalon Asics and want to sell btc, and the investors who wanted to make some profits will probably sell aswell in order to cut their losses.
Is it going to be a crash?
Aren't you a joker? The early one will know that soon, everyone will receive their own one, and want to sell it fast, in order to make some profit (because they invested a lot).
The investors that bet that the price of bitcoins was going to skyrocket to 1000 USD will see that a lot of new bitcoins are being sold, and the demand is the same (or even decreasing, because they will be afraid by those new btc that come way too fast).
Then, more people will have Avalon Asics and want to sell btc, and the investors who wanted to make some profits will probably sell aswell in order to cut their losses.
Is it going to be a crash?
When the first device will be received, the owner will mine like crazy, and the supply will increase.
The early one will know that soon, everyone will receive their own one, and want to sell it fast, in order to make some profit (because they invested a lot).
The investors that bet that the price of bitcoins was going to skyrocket to 1000 USD will see that a lot of new bitcoins are being sold, and the demand is the same (or even decreasing, because they will be afraid by those new btc that come way too fast).
Then, more people will have Avalon Asics and want to sell btc, and the investors who wanted to make some profits will probably sell aswell in order to cut their losses.
Is it going to be a crash?
The early one will know that soon, everyone will receive their own one, and want to sell it fast, in order to make some profit (because they invested a lot).
The investors that bet that the price of bitcoins was going to skyrocket to 1000 USD will see that a lot of new bitcoins are being sold, and the demand is the same (or even decreasing, because they will be afraid by those new btc that come way too fast).
Then, more people will have Avalon Asics and want to sell btc, and the investors who wanted to make some profits will probably sell aswell in order to cut their losses.
Is it going to be a crash?
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