Difficulty to end 2014 year will be about 700 bilion.
For 9 days +23% or 3.8 bilion !!!
View Screen Capture 
Topic: Bitcoin will be dead before mining factor comes at 0.01 USD/24h@1GHash/s !!! (Read 2183 times)
February 19, 2014, 08:25:53 AM
that it is in their interest, but it is no longer possible !
Difficulty to end 2014 year will be about 700 bilion.
For 9 days +23% or 3.8 bilion !!!
View Screen Capture
Difficulty to end 2014 year will be about 700 bilion.
For 9 days +23% or 3.8 bilion !!!
View Screen Capture February 19, 2014, 08:07:10 AM
Refer to:-
Are you saying no one will mine because there will be too much competition?
The price is three times was artificially raised by mining hardware manufacturer in cooperation with MtGox currency exchange.
Now manufacturers mining hardware no have any interest that raising prices !
View Screen Capture[/quote]
So what are you saying, manufacters are not interested in price grow ?
February 19, 2014, 07:13:13 AM
Refer to:-
Are you saying no one will mine because there will be too much competition?
The price is three times was artificially raised by mining hardware manufacturer in cooperation with MtGox currency exchange.
Now manufacturers mining hardware no have any interest that raising prices !
View Screen Capture[/quote]
February 19, 2014, 07:07:37 AM
Refer to:-
Are you saying no one will mine because there will be too much competition?
February 19, 2014, 07:06:13 AM
December 31, 2013, 02:23:13 PM
Plus, second to none, Litecoin would then become a very.. very viable option to transfer wealth over to.
December 31, 2013, 02:21:02 PM
Bitcoin prices can not follows the increase that follows the difficulties, consequently mining factor decreases.
http://easycaptures.com/fs/uploaded/851/6393925424.pngView Screen Capture
for next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
People will pay whatever bitcoins are worth. http://easycaptures.com/fs/uploaded/851/6393925424.pngView Screen Capture
for next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
Not to be contrary, but it's actually exactly the opposite, Bitcoins are worth what people will pay for them.
December 30, 2013, 09:15:08 PM
Bitcoin prices can not follows the increase that follows the difficulties, consequently mining factor decreases.
View Screen Capture
for next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
People will pay whatever bitcoins are worth. View Screen Capturefor next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
December 17, 2013, 03:52:01 PM
Bitcoin prices can not follows the increase that follows the difficulties, consequently mining factor decreases.
View Screen Capture
for next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
View Screen Capturefor next 3-4 days diff rise over 1.13 bilion,
What when diff comes at 1000 bilion, anyone want to pay bitcoin per his real price, 100 000 usd or much more ?
December 17, 2013, 03:44:02 PM
Are you saying no one will mine because there will be too much competition?
December 17, 2013, 03:30:05 PM
A gram of sugar costs 0.001 USD, yet sugar is a multi-billion USD industry.
Your analysis makes no sense.
Your analysis makes no sense.
December 17, 2013, 03:20:29 PM
Bitcoin will be dead before mining factor comes at 0.01 USD/24h@1GHash/s,
because mining factor constantly decreasing from 2009 year to until today.
Mining factor was 150 USD/24h@1GHash/s, 2009 year, and today is 0.4 USD/24h@1GHash/s,
When mining factor comes at value 0.01 USD/24h@1GHash/s, then it will bitcoin definitely be dead,
and probably the much earlier.
Here is all history data.
Link: http://blockchained.com/
because mining factor constantly decreasing from 2009 year to until today.
Mining factor was 150 USD/24h@1GHash/s, 2009 year, and today is 0.4 USD/24h@1GHash/s,
When mining factor comes at value 0.01 USD/24h@1GHash/s, then it will bitcoin definitely be dead,
and probably the much earlier.
Here is all history data.
Link: http://blockchained.com/
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