Author

Topic: Difficulty Dropping, Prices Rising (Read 1221 times)

newbie
Activity: 42
Merit: 0
March 28, 2013, 02:37:37 PM
#5
Price drives mining rewards which determine the number of miners and thus the difficulty. But the beauty of bitcoin is that no one knows what will happen next that will send bitcoin up 100% or down 50%. At this point, I'm just enjoying the ride.
hero member
Activity: 546
Merit: 500
hm
March 27, 2013, 08:24:37 PM
#4
looks crashy, crashy
member
Activity: 80
Merit: 10
March 27, 2013, 04:06:15 PM
#3
The higher the difficulty, the more variance you should expect. Right now the general trend is still a slight (%-wise) increase in difficulty. Difficulty tends to follow price, not the other way round.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
March 27, 2013, 03:26:26 PM
#2
Looks like a dream combination.... There has to be a crash coming!

Or, more likely, the difficulty will go up quite a bit in the near future.
newbie
Activity: 57
Merit: 0
March 27, 2013, 03:16:04 PM
#1
Looks like a dream combination.... There has to be a crash coming!
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