no my speculation(it's not actually a speculation, it's how the thing work here) is based on 3 years of crypto unlike you that know this world from last year only
before lbry everyone was screaming that the profit was dying and nothing was profitable and the only choice was ethereum, before ethereum the thing was the same and so on...
there is always something profitable, so considering the current scenario for the future also is stupid, in few months another "lbry" will come out, and we will make the same as what it was when lbry come out
the whole altcoin scene is a one single coin for me that will always remain profitable, with heavy swings on up and down
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on lbry, the price is clearly falling because of the reward also, and because of panic selling caused by the fact that investors aren't stupid and know that there will be more dumping
diff follow the hashrate which follow the price not the opposite, so you're talking shit here, but i don't mind it's normal for you, throw bullshit everywhere
Oh yeah? You know this is my second username right? My first one is Bensam123. Just regurgitating out what you see in front of you.
https://bitcointalksearch.org/user/bensam123-219230You also realize, that if you've been around for however long you think you have been, Ethereum is NOT a bad coin. It's NOT bad profit. Back in January this very year a 970 was making $.60 per day. That included Ethereum before it got a huge pump or DCR before it got GPU mining. That was the best coin to mine for GPUs.
There are much, much worse things then Ethereum, which is why I've kept iterating that it's going to be reallllly bad if it goes PoS as there is so much hashrate on it none of the other coins can handle it. You would also understand this instead of existing in magical fairy land where you believe that another million dollar a day market is just going to pop out of thin air and allow people to make a lot of profit.
Back in '13 when I started mining Scrypt was big and that literally fell in the shitter, everything crashed and burned along with BTC prices. It's not always mad profit. There aren't always super profitable options. Could there be another good coin to mine? Sure. Is there always going to be one? Probably not.
"on lbry, the price is clearly falling because of the reward also, and because of panic selling caused by the fact that investors aren't stupid and know that there will be more dumping"
Once again literally regurgitating the paragraph I wrote in the Lbry coin thread 2-3 weeks ago... except none of what is happening in Lbry is panic selling. Panic selling happens over night. This has been happening for weeks.
Not sure what you're talking about with difficulty and hashrate? They're the same thing. Nothing I said was contradictory to that.
If you're saying that difficulty will always follow the reward model? No. For instance this very coin we're talking about right now, people are mining it and making worse then if they mined Ethereum. People will mine Lbry and make worse then Ethereum too. There are people that support coins, speculate, hobby mine, and don't know what they're actually doing. This coin has almost never been more profitable then Ethereum alone on Nvidia hardware since Pallas released his updates.
There isn't always a correlation between reward and market price either. Go Here:
http://yiimp.ccminer.org/statsLook at Lbry, look at the last 30 days. That includes the block reward increasing.