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Topic: November Rush? - page 2. (Read 2198 times)

legendary
Activity: 3906
Merit: 1373
October 17, 2014, 06:21:15 AM
#3
What's up with people talking about "november rush"?

they are looking at last years super spike and think it will return.
they dont realise that last years super spike was due to 4 things
1) ASICS that produced Thash/sec came onto the market
2) new tax years for certain large whale financial institutions
3) china adoption
4) crazy minded hype

this year there is no new china adoption or new technical ASIC release, only the new financial year for some big whales.
the problem im finding is that these big whales cant simply deposit into the crappy exchanges due to AML monetary limits, thus we should se a small rise but nothing in comparison to last year as the main upto 3 elements that caused last year are not there this year

We might not get anything this year anymore, but next year we will have Ponzicoin.

https://bitcointalksearch.org/topic/m.9217031

Smiley
legendary
Activity: 4424
Merit: 4794
October 17, 2014, 06:12:34 AM
#2
What's up with people talking about "november rush"?

they are looking at last years super spike and think it will return.
they dont realise that last years super spike was due to 4 things
1) ASICS that produced Thash/sec came onto the market
2) new tax years for certain large whale financial institutions
3) china adoption
4) crazy minded hype

this year there is no new china adoption or new technical ASIC release, only the new financial year for some big whales.
the problem im finding is that these big whales cant simply deposit into the crappy exchanges due to AML monetary limits, thus we should se a small rise but nothing in comparison to last year as the main upto 3 elements that caused last year are not there this year
member
Activity: 74
Merit: 10
October 17, 2014, 05:49:20 AM
#1
What's up with people talking about "november rush"?
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