Topic: Good news (Read 971 times)
First of all, thank you for giving us such an important piece of information. I believe this update will help the crypto industry move forward. This update will be able to help a lot to move the crypto market forward. This is great news for those of us who have been working in the crypto industry for a long time. Thank you again for providing us with this important information. We hope you will agree to benefit us by providing such important information in the future.
Yeah, it’s a good news that the hash rate is increasing. But that aside, people that wants to invest in Bitcoin has been doing that before now and they believed in it till now and that’s what led to where we are now. Hash rate is very important, just as the op pointed out hash rate increases security and that means that Bitcoin history can not be altered.
Apart from that another very important thing that matters in making Bitcoin more secure is the hash rate distribution which I do some people talk about, no need to talk about that now, it’s a whole topic on its own I guess.
Apart from that another very important thing that matters in making Bitcoin more secure is the hash rate distribution which I do some people talk about, no need to talk about that now, it’s a whole topic on its own I guess.
Prediction of Bitcoin price isn't asways right. Last few days, price is on down trend and Hash rate is also decreasing slightly. The network is secured but price is not secured at any moment. But i believe this year is the best time for Bitcoin price than past two years. I hope it will hit $15k within this year and Hash rate will also increase.
I predicted it could drop from 12K, and I was right. It already had a huge rally from below 4K to where it stands now in about just 6 months. There are a lot of investors with massive gains that are likely to safeguard some or all of their profits in the recent halfyear runup.
Prediction of Bitcoin price isn't asways right. Last few days, price is on down trend and Hash rate is also decreasing slightly. The network is secured but price is not secured at any moment. But i believe this year is the best time for Bitcoin price than past two years. I hope it will hit $15k within this year and Hash rate will also increase.
you can't predict price or make investment decisions based on bitcoin mining hashrate at all because hashrate changes after the price moved and since it has been rising for a while now breaking $10k first then $11k and now $12k consequently the hashrate had to follow that too.
it is neither good news nor bad, it is how things have been forever. not to mention that there are a large number of other reasons that are affecting hashrate for example a couple of countries that have very low electricity cost have entered the mining scene with huge mining farms over the past couple of months.
it is neither good news nor bad, it is how things have been forever. not to mention that there are a large number of other reasons that are affecting hashrate for example a couple of countries that have very low electricity cost have entered the mining scene with huge mining farms over the past couple of months.
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It might be the cause of wrapped BTC tokens being popular
some shittoken that is abusing bitcoin name is not even known let alone be popular!!!Clarifications/corrections like this are very helpful to newbies like me. Thanks!!!
Good news to those who invest in bitcoin,the hash rate hit high time of 130EH/S this week and break through 12k.
Those who buy earlier will absolutely experience profit in their investment by now, and a lesson to those who predicted base on bitcoin mining hash rate change after the price move.
Those who buy earlier will absolutely experience profit in their investment by now, and a lesson to those who predicted base on bitcoin mining hash rate change after the price move.
The world of Ciptro can never be said to be faithful to him.It is very difficult to predict the future here.Let the price increase. Let the all market be in a good position.However, it can be said that prophecy does not always work.
Hopefully, it is only a correction and we can a shining day in the next few months. Let us see if bitcoin as well as altcoin will explode by the end of 2020. Atleast, there is a positive news that we can receive before this year ends. We all know that everyone of us here is wanted to see the market in a greenish condition. I bought eth and btc for the past few months. I gained almost 50% of my capital. I hope it will continuously grow up.
I think everyone has the right time to invest in bitcoin, it all depends on the ability to invest and determine when the right time is. There are many aspects that must be reviewed, prices, world economy or technicalities in mining can be a reference for determining when you think the best time is.
Absolutely, the price of bitcoin much decent now on the crypto market, compared to the recent movement. Bitcoin leads most of the time, recent activity prove enough to come a conclusion. What i mean, Bitcoin will grow and we can expect more and more. 
It is easier to believe in this dream so fast rather than search thoroughly through everything and get a reasonable decision. Let us not get ahead of ourselves yet. Bitcoin's hash rate doesn't carry that much weight in terms of security of investment profits or price surges assurance. There can be many factors that can either minorly or drastically change the price of bitcoin. In fact, I even expect a refraction before investing time comes for me.
If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday.
Daily hashrate fluctuations are irrelevant.
Besides, on the current pace we're experiencing, the predicted difficulty is somewhere around:
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Next Difficulty: between 17629247069481 and 17786089856163
Quoting myself on this for the update.
As I said before daily hash rate fluctuations are irrelevant as a simple change in luck and 3 fast blocks can make the hash rate look like it has jumped 2%.
The new epoch has barely begun (20 mins ago), and on the previous period, the difficulty has risen by + 3.6, on an average rate of 125Eh/s.
And although it might still sound like a medium to serious jump, it stops looking like that if we look at the previous numbers, the previous peak difficulty in July was 17,345,948,872,516, now we're at 17,557,993,035,167, with an increase of only 1.22%, while the price went up 28% from the last adjustment. Not even mentioning the fact that when this topic about "good news" started we were at 12.3k.
Bottom line, never use hashrate fluctuations as a price indicator.
The halving effect has been felt by Bitcoin Miners for the past few months. The reward has been reduced to half from the previous one, making miners inevitably have to increase their Hashrate to compete with other miners. And now, maybe only miners with big capital survive. Miners with small capital will only lose time and electricity. It's time Bitcoin touched the new ATH. When is the time? I hope it happens soon.
I think everyone has the right time to invest in bitcoin, it all depends on the ability to invest and determine when the right time is. There are many aspects that must be reviewed, prices, world economy or technicalities in mining can be a reference for determining when you think the best time is.
2020 is definitely going to be the best year for bitcoin. Lately, the price of bitcoin has started to improve compared to 2019 which experienced a gloomy period for bitcoin. on social media, many have said that the price of bitcoin will reach its highest peak this year
It's not good to rely on speculation of other self proclaim experts on social media. Why not rely on yourself by making yourself more familiar on how to read charts, bars, etc. that way, you'll be more confident on your investments because you knew what is happening and you can make much better predictions because you don't lack knowledge.
Everyone is guided by their own needs
If you are thinking of Investing in Bitcoins , now is the time
I never liked this "now it's the time" quote. Rushing someone in a decision is something that raises many questions. The hash rate importance to me is not a bullish factor, it just signifies that the security of the network is more robust than ever.
Miners are companies and their life depends on profitability. Prices are not a result of the hashrate but it is actually the opposite.
Interest for Bitcoin is driving prices and the result is more miners and more hashrate.
It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.
There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.
Invest !! HOLD!!!
There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.
Invest !! HOLD!!!
2020 is definitely going to be the best year for bitcoin. Lately, the price of bitcoin has started to improve compared to 2019 which experienced a gloomy period for bitcoin. on social media, many have said that the price of bitcoin will reach its highest peak this year, let's see in the next few months whether that really happens or not, investors have started to come to buy bitcoin and invest in altcoins, in my opinion the increase in bitcoin prices is very high must happen in this year.
I am sure that bitcoin will reach 20k by the end of this year. More and more large investors began to understand this.
Still holding until now, but I won't start accumulating yet since dip was not spotted yet.
I like the explanation, it's possible that bitcoin would continue to rise now but I have been in this game for many years and I've seen a lot of unexpected things happening. I guess if the market dump because of the pandemic, we would not talk much about bullish prediction as people would certainly panic, and regardless how good the analysis are, only few would know it, glad you shared though.
I like the explanation, it's possible that bitcoin would continue to rise now but I have been in this game for many years and I've seen a lot of unexpected things happening. I guess if the market dump because of the pandemic, we would not talk much about bullish prediction as people would certainly panic, and regardless how good the analysis are, only few would know it, glad you shared though.
Anyone who uses bitcoin understand what the volatility of bitcoin means. Everybody know that the price of bitcoin can not be predicted because of it's volatility.
There are a lot of factors that affect the price of bitcoin and it's not right to want to predict the price of bitcoin from it's hashrate.
Several so called experts have done this - predicting the price of bitcoin- and it has always fail.
It is important to know that no one can accurately predict the price of bitcoin.
There are a lot of factors that affect the price of bitcoin and it's not right to want to predict the price of bitcoin from it's hashrate.
Several so called experts have done this - predicting the price of bitcoin- and it has always fail.
It is important to know that no one can accurately predict the price of bitcoin.
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