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Topic: Jan 12th to Approx Jan 27th diff thread (3.5%) - page 2. (Read 5913 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Well if we can do the -5% or -6% drop this time.

Then have a slow drift up in price to just under 300 it is good for a lot of miners.

legendary
Activity: 3892
Merit: 4331
http://www.bitcoincharts.com/

Blocks   340490
Total BTC   13.762M
 
Difficulty   43971662056
Estimated   41786349117 in 214 blks   >>>>>> ( -4.96%)
 
Network total   279140.555 Thash/s
Blocks/hour   5.32 / 677 s  -------------------------- still lower then  the estimate above.



https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   43,971,662,056
Estimated Next Difficulty:   41,767,820,825 (-5.01%)
Adjust time:   After 214 Blocks, About 1.6 days
Hashrate(?):   276,705,290 GH/s
Block Generation Time(?):   
1 block: 10.8 minutes -----------------------------still lower then the estimate above.
3 blocks: 32.2 minutes
6 blocks: 1.1 hours
Updated:   20:20 (3.0 minutes ago)


Price is jumping as I type 264 usd

they should have waited for ghash cloud shutdown before announcing the coinbase exchange; then we might have gotten -10%
they will not shutdown if the price goes back to $320.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
http://www.bitcoincharts.com/

Blocks   340490
Total BTC   13.762M
 
Difficulty   43971662056
Estimated   41786349117 in 214 blks   >>>>>> ( -4.96%)
 
Network total   279140.555 Thash/s
Blocks/hour   5.32 / 677 s  -------------------------- still lower then  the estimate above.



https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   43,971,662,056
Estimated Next Difficulty:   41,767,820,825 (-5.01%)
Adjust time:   After 214 Blocks, About 1.6 days
Hashrate(?):   276,705,290 GH/s
Block Generation Time(?):   
1 block: 10.8 minutes -----------------------------still lower then the estimate above.
3 blocks: 32.2 minutes
6 blocks: 1.1 hours
Updated:   20:20 (3.0 minutes ago)


Price is jumping as I type 264 usd
legendary
Activity: 3892
Merit: 4331
This is looking good for the next two weeks, exchange rate nearing $250 helps too.



Still worse than before the crash though

True, but as long as the S3s that I bought in July and have ROIed twice over still keep making money I can't complain.

probably true in BTC terms, but NOT in dollar terms.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
This is looking good for the next two weeks, exchange rate nearing $250 helps too.



Still worse than before the crash though

True, but as long as the S3s that I bought in July and have ROIed twice over still keep making money I can't complain.

yeah I have 2x s-3's running at 2.4 cents a kwatt.  they have run since july 1st batch .
legendary
Activity: 1456
Merit: 1000
Been busy in past week.  Happy to see price rising.  Helps me on a few rigs make it through winter remaining profitable. 
legendary
Activity: 3654
Merit: 8909
https://bpip.org
This is looking good for the next two weeks, exchange rate nearing $250 helps too.



Still worse than before the crash though

True, but as long as the S3s that I bought in July and have ROIed twice over still keep making money I can't complain.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
This is looking good for the next two weeks, exchange rate nearing $250 helps too.



Still worse than before the crash though

well under 300-350 range.

I have 11th at .5 watts

 I clear 550 a month. So feb and march = 1100

april and may = 1100 .  I am at 2200 usd  and I will need to sell of 9 sp20's and 1 s-5 .

 In may. they should get 200 each x 10 = 2000

 so I will get 4400 back. I already got enough return on these say 3k  total 7400 after power and their cost was about 4.6k

I may profit 2-2.8k
hero member
Activity: 536
Merit: 500
This is looking good for the next two weeks, exchange rate nearing $250 helps too.



Still worse than before the crash though
legendary
Activity: 3654
Merit: 8909
https://bpip.org
This is looking good for the next two weeks, exchange rate nearing $250 helps too.

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
http://www.bitcoincharts.com/

Blocks   340434
Total BTC   13.761M
 
Difficulty   43971662056
Estimated   41854671185 in 270 blks    >>>>>>>>     -(4.81%)  but current rate has been lower so -5% or -5.5% can happen
 
Network total   269589.548 Thash/s
Blocks/hour   5.14 / 701 s >>>>>>>>>>>>>>>  still more then 10%   so most likely someone has power downed a big farm
sr. member
Activity: 355
Merit: 276
https://bitcoinwisdom.com/bitcoin/difficulty


Bitcoin Difficulty:   43,971,662,056
Estimated Next Difficulty:   41,866,116,133 (-4.79%)
Adjust time:   After 275 Blocks, About 2.0 days
Hashrate(?):   287,601,872 GH/s
Block Generation Time(?):   
1 block: 10.7 minutes--------------------------------This is nice and slow
3 blocks: 32.0 minutes
6 blocks: 1.1 hours
Updated:   8:30 (4.5 minutes ago)


Looks like we will come close to -5%
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
lol you guys keep making fools of yourself by calling difficulty every time dont you?

I swear i can make better prediction by just flipping a coin.

3.5%  vs -2.5%  .....so close.

Some one should do a study to verify there is a correlation between trust level and rude, inflammatory, adolescent forum member posts.

im pretty sure there is a STRONG correlation between "trust<1" and "ignore button use"

looks like block times are sliding a bit, possibly people realizing that the price isnt going back to $300 very soon. if it keeps up for another 2-3 days we'll see something close to -3.8% (which is good in my books - ill mine and hold some coins for the eventual price spike (a 1-yr bear market is pretty extraordinary for bitcoin, but i doubt it can drag on for another year without going bust or shooting past $600 when regulations become clearer
 

I bolded a strong agreement to that statement.


meanwhile short term last day or so :

Blocks/hour   4.92 / 732 s  523 blocks   >>>>>>>   4.92/6 = 0.82 or an 18% drop short term.


Blocks/hour   5.28 / 682 s  508 blocks   >>>>>>>   5.28/6=  0.88 or  a  12% drop


Blocks/hour   5.27 / 684 s  487 blocks >>>>>>>>> 5.27/6 = 0.878  or a 12.1%

Blocks/hour   5.07 / 711 s  480 blocks >>>>>>>>> 5.07/6   = 0.845  or a 15.5% drop


Blocks/hour   4.85 / 742 s  466 blocks >>>>>>>>> 4.85/6 = 0.808 or a 19.2% drop

these numbers may  mean we do  -5% in 4 days or so.


Blocks/hour   4.76 / 756 s  452 blocks      4.76/6 = 0.793   or   a 20.7%  drop
Blocks/hour   4.68 / 769 s  409 blocks      4.68/6 = 0.780      -22%
Blocks/hour   5.03 / 716 s  383 blocks      5.03/6 = 0.838     -16.2 %
Blocks/hour   5.26 / 684 s  346 blocks      5.26/6 = 0.876     -12.4%

these are a strong indication that more people or   farms or  miners are shutting down.

bitcoincharts has  the next diff under 42.  which is around a 4.7% drop

https://bitcoinwisdom.com/bitcoin/difficulty is now starting to show  closer to that -4.7%


Bitcoin Difficulty:   43,971,662,056
Estimated Next Difficulty:   42,119,885,688  >>>>>>>  (-4.21%)
Adjust time:   After 383 Blocks, About 2.8 days
Hashrate(?):   290,932,648 GH/s
Block Generation Time(?):   
1 block: 10.5 minutes
3 blocks: 31.6 minutes
6 blocks: 1.1 hours
Updated:   12:45 (1.3 minutes ago)

-4.21%   is pretty good.  please notice price is now 245 usd
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
lol you guys keep making fools of yourself by calling difficulty every time dont you?

I swear i can make better prediction by just flipping a coin.

3.5%  vs -2.5%  .....so close.

Some one should do a study to verify there is a correlation between trust level and rude, inflammatory, adolescent forum member posts.

im pretty sure there is a STRONG correlation between "trust<1" and "ignore button use"

looks like block times are sliding a bit, possibly people realizing that the price isnt going back to $300 very soon. if it keeps up for another 2-3 days we'll see something close to -3.8% (which is good in my books - ill mine and hold some coins for the eventual price spike (a 1-yr bear market is pretty extraordinary for bitcoin, but i doubt it can drag on for another year without going bust or shooting past $600 when regulations become clearer
 

I bolded a strong agreement to that statement.


meanwhile short term last day or so :

Blocks/hour   4.92 / 732 s  523 blocks   >>>>>>>   4.92/6 = 0.82 or an 18% drop short term.


Blocks/hour   5.28 / 682 s  508 blocks   >>>>>>>   5.28/6=  0.88 or  a  12% drop


Blocks/hour   5.27 / 684 s  487 blocks >>>>>>>>> 5.27/6 = 0.878  or a 12.1%

Blocks/hour   5.07 / 711 s  480 blocks >>>>>>>>> 5.07/6   = 0.845  or a 15.5% drop


Blocks/hour   4.85 / 742 s  466 blocks >>>>>>>>> 4.85/6 = 0.808 or a 19.2% drop

these numbers may  mean we do  -5% in 4 days or so.
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
lol you guys keep making fools of yourself by calling difficulty every time dont you?

I swear i can make better prediction by just flipping a coin.

3.5%  vs -2.5%  .....so close.

Some one should do a study to verify there is a correlation between trust level and rude, inflammatory, adolescent forum member posts.

im pretty sure there is a STRONG correlation between "trust<1" and "ignore button use"

looks like block times are sliding a bit, possibly people realizing that the price isnt going back to $300 very soon. if it keeps up for another 2-3 days we'll see something close to -3.8% (which is good in my books - ill mine and hold some coins for the eventual price spike (a 1-yr bear market is pretty extraordinary for bitcoin, but i doubt it can drag on for another year without going bust or shooting past $600 when regulations become clearer
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
...

http://www.bitcoincharts.com/


...


Blocks/hour   4.92 / 732 s  523 blocks   >>>>>>>   4.92/6 = 0.82 or an 18% drop short term.
Blocks/hour   5.28 / 682 s  508 blocks   >>>>>>>   5.28/6=  0.88 or  a  12% drop
 
...
 this number bears watching is has been way down some what up and now way down.
... I will try to post back on this every few hours.


Still quite low.  MY thoughts are keep looking at this number. If it was to stay at 6 diff is 0.
legendary
Activity: 1593
Merit: 1004
lol you guys keep making fools of yourself by calling difficulty every time dont you?

I swear i can make better prediction by just flipping a coin.

3.5%  vs -2.5%  .....so close.



Some one should do a study to verify there is a correlation between trust level and rude, inflammatory, adolescent forum member posts.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
bitcoincharts

http://www.bitcoincharts.com/


is really trending down

Blocks   340181
Total BTC   13.755M
 
Difficulty   43971662056
Estimated   42144271728 in 523 blks  (-4.15%)
 
Network total   257852.098 Thash/s
Blocks/hour   4.92 / 732 s >>>>>>>   4.92/6 = 0.82 or an 18% drop short term.

  this number bears watching is has been way down some what up and now way down.
only 523 blocks to go. I will try to post back on this every few hours.
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Looks like a fairly good drop. The 504-block line on bitcoinwisdom has taken a dive and with ~500 blocks to go we have roughly this for the first three 500-block segments:

-4%
-2%
-5%

We should end up below -4%.
full member
Activity: 136
Merit: 100
I'll bet this is variance. If you look at this chart http://bitcoin.sipa.be/speed-lin-2k.png the hashrate didn't even touch Jan 13th lows and is rising again.

Seems likely, but the problem is that there's absolutely no way to tell other than with the benefit of hindsight in several weeks time :-) The only thing we can say is that we're well within the normal variance distribution. The 8% last time is starting to look like it was probably an overshoot but even that's still unclear at this point.
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