http://blockchain.info/no/charts/hash-rateThis has changed. The low hashrate of november made the network vulnerable to a 51% strike, which caused the chinese/investors to pull back and wait for a better more secure time to invest. That is now and they are doing it this very moment.
I think Op is confusing a few things. I have not checked but lets assume hashrate in november was low. It may or may not have been vulnerable. But I do not think it caused the chinese investors to pull back (security issues). Happening now? I dont think so.
Op probably means well but seems to be confused. Op read coindesk or search google news and then search bitcoin on there to find articles.
I don't have details of stuff but Im pretty sure im right on this one.
Hash rate/distribution of hash rate, whatever mate. You know what im talking about(and that is, once again, SECURITY from a 51% strike).
And Yeah I'm not saying Hash rate is the first and only thing that decides the Exchange rate. But once again: If it is undeveloped, as it was in november, someone can easily "take over" the network.
I am btw assuming Bitcoin is a weapon(my other thread, just try the idea in Your head for a sec) and that the chinese investors are far more coordinated than you fanboys think.
Do you guys here on spec Board have good knowledge of the ASIC miners and stuff like that? Because, I'm pretty sure that stuff and the Technology is far, far, faaaaaaaaaar more important than you realize. If you have the best Technology you have a huge advantage. Compare old to special developed ASICs.
