Author

Topic: Est 19.5M difficulty (Read 1519 times)

legendary
Activity: 3206
Merit: 1069
June 14, 2013, 08:11:57 AM
#13
when the difficulty will reach 100M, you will laugh at this topic, and so on
hero member
Activity: 686
Merit: 500
June 14, 2013, 02:51:44 AM
#12
but they wont buy forever so difficulty should slow down i think when people stop mining because of too low price and too high difficulty.
Yes, either this happens or the price of btc has to go up. Somethings gotta give.
as the rate of obtaining btc is getting harder, yes i believe the price would go up as well

supply / demand..its the usual economic
sr. member
Activity: 298
Merit: 250
Play2Live pre-sale starts on January 25th
June 14, 2013, 02:46:56 AM
#11
but they wont buy forever so difficulty should slow down i think when people stop mining because of too low price and too high difficulty.
Yes, either this happens or the price of btc has to go up. Somethings gotta give.
hero member
Activity: 546
Merit: 501
June 14, 2013, 02:25:40 AM
#10
but they wont buy forever so difficulty should slow down i think when people stop mining because of too low price and too high difficulty.
hero member
Activity: 644
Merit: 500
Inspired
June 13, 2013, 09:48:36 PM
#9

The money isn't in mining anymore, the new money is selling shovels to suckers.

+!
full member
Activity: 182
Merit: 100
June 13, 2013, 09:47:23 PM
#8
They've already gone from $520 two weeks ago to $300, so I wouldn't invest too much in that strategy.
full member
Activity: 123
Merit: 100
June 13, 2013, 09:45:17 PM
#7
It'll take awhile.  I was half tempted to invest $13k ordering a batch.. but I did the math.

You didn't do enough math.  You need to bank on other people not doing it either.  Buy a whole batch and sell for cash!  Yippee! 
You could probably mine on them also while they are in inventory adding to your reserve!
The money isn't in mining anymore, the new money is selling shovels to suckers.
hero member
Activity: 644
Merit: 500
Inspired
June 13, 2013, 09:15:49 PM
#6
It'll take awhile.  I was half tempted to invest $13k ordering a batch.. but I did the math.
full member
Activity: 182
Merit: 100
June 13, 2013, 08:55:08 PM
#5
Wonder what the payoff time for a Block Eruptor will actually be.
hero member
Activity: 644
Merit: 500
Inspired
June 13, 2013, 05:22:40 PM
#4
Can I sell shares of jd's gold mining company?
hero member
Activity: 644
Merit: 500
Inspired
June 13, 2013, 05:21:36 PM
#3
I bought 2 plastic gold pans - and I went panning for gold in a river this passed weekend. 
3 flakes of gold I done found.
Umm hmm.

Probably all of 3 cents for 30 minutes work.
I reckon'
legendary
Activity: 1652
Merit: 1067
Christian Antkow
June 13, 2013, 04:17:13 PM
#2
This is a whole different game being played now.

hero member
Activity: 644
Merit: 500
Inspired
June 13, 2013, 03:55:24 PM
#1
Est 19.5M difficulty in 549 blocks.

Holy. Shit.

This is a whole different game being played now.
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