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Topic: THIS THREAD IS FOR SPECULATION FORUM (Read 403 times)

sr. member
Activity: 462
Merit: 250
Free World
April 10, 2013, 12:20:13 PM
#1
SO PEOPLE ARE SPECULATING...

BTC IS GOING UP...

or

BTC GOING DOWN...

FOR STARTERS...

Here are some facts...

IF A THING IS VERY RARE (DIFFICULT TO ACHIEVE/FIND/MINE) LIKE BTC... THEN IT ONLY MAKE SENSE THAT ITS VALUE IS "HIGH".

IF YOU THINK LIKE IT IS HARD TO FIND AND STILL IT IS VERY CHEAP IT IS RIDICULOUS!!!!

HERE IS A HINT!!!

MINERS ARE NOW MOSTLY FPGAs and ASICS (FAST AS &^!#)... HASH RATE WENT TO THE ROOF! THUS THE REASON FOR DIFFICULTY INCREASE...

SO YES IT IS VERY VERY VERY HARD TO GET BITCOINS BY MEANS OF MINING...

FOR PEOPLE SAYING CRAP ABOUT BUBBLES...

AS LONG AS DIFFICULTY INCREASES THE VALUE OF BTC WILL HOLD ITSELF...

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