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Topic: Newest btc prediction is 0.23 % to 9.58% Diff jump on Sept 28th (Read 3365 times)

legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
diff thread sorting.
hero member
Activity: 714
Merit: 500
Martijn Meijering
as it drops in price I will buy more as I feel it will be around a long time.

Same here. I'm still accumulating slowly as it is, but if the price should drop to $100 I'd buy an additional 10 straight away, 100 if it dropped to $10 and 1000 if it dropped all the way to $1.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
My mining days are shrinking and I am going the buy and hold route more then ever.

And that is part of the reason why miners selling off all their BTC will not drag the price all the way to zero. If the price drops by enough, even existing holders of BTC will be happy to buy up all additional coins that come on the market. It certainly won't drop below $10 (at least not on account of miners alone), probably not below $100 and it wouldn't surprise me if even $200 proved a firm and unbreakable support. Once the price stabilises, the global hash rate will adapt to the rational level given that price.

as it drops in price I will buy more as I feel it will be around a long time.
hero member
Activity: 714
Merit: 500
Martijn Meijering
My mining days are shrinking and I am going the buy and hold route more then ever.

And that is part of the reason why miners selling off all their BTC will not drag the price all the way to zero. If the price drops by enough, even existing holders of BTC will be happy to buy up all additional coins that come on the market. It certainly won't drop below $10 (at least not on account of miners alone), probably not below $100 and it wouldn't surprise me if even $200 proved a firm and unbreakable support. Once the price stabilises, the global hash rate will adapt to the rational level given that price.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
well they mined like mofo's added tons and ton's of gear  diff will jump 14% or more and they  got diff to jump at least 2 days quicker the 25th or maybe the 26th vs the 28th.

 My mining days are shrinking and I am going the buy and hold route more then ever.
hero member
Activity: 714
Merit: 500
Martijn Meijering
Tragedy of the commons. They are NOT cooperating.

Having your ass handed to you by your competitors doesn't count as a tragedy of the commons.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
difficulty jumped 25% a month and bitcoin price dropped 25% a month.  Let hold arms and die

25% difficulty jumps per month?!

BTC difficulty adjusts every 2016 blocks, not once a month. On average, there are approximately 3 difficulty adjustments per month. This next difficulty adjustment is about 12 days in length and already an 18% rise is predicted.

25% per month would be a blessing at this point!
  well looks like a mad rush off the cliff.

https://bitcoinwisdom.com/bitcoin/difficulty

Bitcoin Difficulty:   29,829,733,124
Estimated Next Difficulty:   35,298,583,758 (+18.33%)
Adjust time:   After 864 Blocks, About 5.0 days
Hashrate(?):   258,785,313 GH/s


even below is over 10 percent

http://www.bitcoincharts.com/

Difficulty   29829733124
Estimated   32993316253 in 863 blks

so we are at 10% - 18.33% as of now
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
difficulty jumped 25% a month and bitcoin price dropped 25% a month.  Let hold arms and die

25% difficulty jumps per month?!

BTC difficulty adjusts every 2016 blocks, not once a month. On average, there are approximately 3 difficulty adjustments per month. This next difficulty adjustment is about 12 days in length and already an 18% rise is predicted.

25% per month would be a blessing at this point!
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
It is pretty much a winning formula for them.  So lets see if they fuck it up by growing the network like mad or if they are sane and  do controlled growth.

Tragedy of the commons. They are NOT cooperating.



 yeah lets  just sit back and watch the show.
hero member
Activity: 784
Merit: 1000
Live Stars - Adult Streaming Platform
difficulty jumped 25% a month and bitcoin price dropped 25% a month.  Let hold arms and die
full member
Activity: 195
Merit: 100
It is pretty much a winning formula for them.  So lets see if they fuck it up by growing the network like mad or if they are sane and  do controlled growth.

Tragedy of the commons. They are NOT cooperating.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
legendary
Activity: 1473
Merit: 1086
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
bitcoinwisdom is always best !

i used to use it too, very good calculator and many options too.

Probably it's the best at the moment but there are some new great websites popping out every month.

yes there are at least 7 decent sites that I know of.
newbie
Activity: 56
Merit: 0
bitcoinwisdom is always best !

i used to use it too, very good calculator and many options too.

Probably it's the best at the moment but there are some new great websites popping out every month.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
bitcoinwisdom is always best !

bitcoinwisdom has huge amounts of info.  charts even ltc info.

Their prediction model factors in past preformance and current preformance.  Since asics made diff grow like mad from July of 2013 up to June of  2014  their current model always is a bit high each beginning of diff jump.

Bitcoincharts model is all now no past data. Blending the two   has really worked well the last 3-4 months.  

 As always long term 6 month predictions are very hard to figure.  I spent a lot of time with some simple models and ideas of what was to come in the future and since July of this year I am in the camp of the next 200 will see us under 10% maybe 7-9% .  It may end up to be completely wrong but I am sticking with it for now.


from june 29 to sept 13th we jumped 77.36%  that has been about 9.97% average.  So we are just under 10 % for the last 77days
full member
Activity: 182
Merit: 100
bitcoinwisdom is always best !

i used to use it too, very good calculator and many options too.
legendary
Activity: 1120
Merit: 1001
bitcoinwisdom is always best !
full member
Activity: 182
Merit: 100
thanks for the thread man, realy useful, what is your typical mistake% ?
sr. member
Activity: 443
Merit: 250
By the way: earlier in one of this threads someone ask for feedback of those who already have done a difficulty prediction on: https://www.fairlay.com/event/category/bitcoin/difficulty/

We think the best "feedback" are verifiable transactions on the blockchain. Have a look at:
https://www.fairlay.com/anonymous/1CYsmywVd6NpxBrJZG13uZioXVG1s1gsn7/


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