Author

Topic: BITCOIN FINAL DROP INCOMING, GET OUT NOW!!! (Read 1205 times)

newbie
Activity: 14
Merit: 0
August 21, 2014, 09:48:58 AM
#6
Noo, it's not crashing! We'll continue going up from now on!
member
Activity: 82
Merit: 10
There are no such speculations nor any recent incidences hinting it will fall down again. Its rising slowly and well.
sr. member
Activity: 342
Merit: 250
Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.

How do you work out the cost of producing each coin from the network difficulty, and why are they selling lower than your calculated cost to produce them?
legendary
Activity: 2268
Merit: 1278
Price is crashing up! It's the beginning of bitcoin! Everyone buy before it's too late!
full member
Activity: 141
Merit: 100
Price is at 527.

Remember the network difficulty just went up more than 20%. Cost of producing each coin was over 590 before the network difficulty increased. There is still plenty of room to go before supply contraction.
legendary
Activity: 889
Merit: 1013
Oh, sorry, I thought I was falling for a second there. My apologies, as you were.
Jump to: