Topic: Peercoin difficulty based Bitcoin price technical analysis BTC should be 113 USD (Read 2774 times)
October 04, 2014, 04:19:32 PM
So if all coins were figured by this formula, VIK, Viking coin, at its current difficulty 148k, trading on trx for .0132BTC ($4.38ish USD) would be worth $1.068 mil USD? Holy sh** i wish.
October 04, 2014, 10:02:17 AM
Peercoin is trading at around 0.73 USD
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
Such logic, very wow
October 04, 2014, 09:59:24 AM
Looks like BTC price started to slip again
September 09, 2014, 08:30:08 AM
With a block size of 400mb.. I am mad bull on PPC.
It's specs are amazing... I am suprised not a lot of people talk about it.
400mb vs 23 Gb.... PPC solves the problem of bloated block.
It's specs are amazing... I am suprised not a lot of people talk about it.
400mb vs 23 Gb.... PPC solves the problem of bloated block.
September 09, 2014, 06:40:42 AM
Or you could say PPC should be $3.22
Math is funny like that
Math is funny like that
+1
September 09, 2014, 03:50:36 AM
Your logic is not clear enough..
I bet you are new here.
I bet you are new here.
September 09, 2014, 02:38:46 AM
Or you could say PPC should be $3.22
Math is funny like that
Math is funny like that
September 09, 2014, 01:20:29 AM
^lol 
There are several problems with this analysis though.
1) There's about 8M more peercoins than litecoins, almost double. Obviously supply affects price.
2) Peercoin has a terrible distribution compared to bitcoin, with 60% of all coins held by the top 100 addresses, compared to about 20% for bitcoin.
3) People actually use bitcoin. There are over 60k transactions on the bitcoin network in the last 24 hours compared to about 350 for peercoin.
Probably some other stuff that I'm not thinking of...
source for all info: http://bitinfocharts.com/
There are several problems with this analysis though.
1) There's about 8M more peercoins than litecoins, almost double. Obviously supply affects price.
2) Peercoin has a terrible distribution compared to bitcoin, with 60% of all coins held by the top 100 addresses, compared to about 20% for bitcoin.
3) People actually use bitcoin. There are over 60k transactions on the bitcoin network in the last 24 hours compared to about 350 for peercoin.
Probably some other stuff that I'm not thinking of...
source for all info: http://bitinfocharts.com/
I gave a ballpark figure it does not take into account both BTC & PPC are still overvalued
September 07, 2014, 08:50:39 AM
^lol
There are several problems with this analysis though.
1) There's about 8M more peercoins thanlitecoins bitcoins, almost double. Obviously supply affects price.
2) Peercoin has a terrible distribution compared to bitcoin, with 60% of all coins held by the top 100 addresses, compared to about 20% for bitcoin.
3) People actually use bitcoin. There are over 60k transactions on the bitcoin network in the last 24 hours compared to about 350 for peercoin.
Probably some other stuff that I'm not thinking of...
source for all info: http://bitinfocharts.com/
There are several problems with this analysis though.
1) There's about 8M more peercoins than
2) Peercoin has a terrible distribution compared to bitcoin, with 60% of all coins held by the top 100 addresses, compared to about 20% for bitcoin.
3) People actually use bitcoin. There are over 60k transactions on the bitcoin network in the last 24 hours compared to about 350 for peercoin.
Probably some other stuff that I'm not thinking of...
source for all info: http://bitinfocharts.com/
September 07, 2014, 07:05:37 AM
Peercoin is trading at around 0.73 USD
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
Such logic, very wow
September 07, 2014, 07:02:11 AM
Peercoin is trading at around 0.73 USD
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
Its difficulty is 155 times less than BTC
0.73 * 155(diff multiplier for BTC) = 113 USD per BTC hypothetically
SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD
SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.
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