Bitcoin Value At The End Of 2011? - page 4.

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

Quote from: neptop on July 08, 2011, 02:46:22 PM

I think it will raise, because of the difficulty.

Price changes are not significantly influenced by difficulty changes. However, difficulty changes are significantly influenced by price changes.

If price followed difficulty, then we could all make ourselves rich merely by agreeing to increase difficulty tomorrow by 10,000,000x. Think what the price would be!!!

talpan

full member

Activity: 228

Merit: 100

I think the price will go just under 30 bucks.
It were some rough weeks with the mtgox hack, the media and the resulting bubble and when it eventually bursted.

regards, talpan

neptop

sr. member

Activity: 314

Merit: 251

I think it will raise, because of the difficulty. But that's just a very wild guess. If I would be able to predict prices I would be very rich. Wink

TheBitMan

sr. member

Activity: 280

Merit: 250

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