Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23921. (Read 26720873 times)
December 31, 2014, 08:07:52 AM
This is called inverse correlation
December 31, 2014, 08:06:11 AM
I guess you haven´t noticed how the more the price of what is being produced (BTC)
tanks the more resources are being put into producing it ?
tanks the more resources are being put into producing it ?
Have been watching and considering whatever it takes to make or ruin price of BTC... And yes, you may be right on what's being used more and more to produce more coins, but the productivity of it and supply & demand factor are 2 completely different scenarios...
And that's what I asked you to please explain me that how difficulty affects its price?
So you´re not aware of the correlation between increased resources (hash rate) and difficulty ?
December 31, 2014, 08:04:00 AM
I guess you haven´t noticed how the more the price of what is being produced (BTC)
tanks the more resources are being put into producing it ?
tanks the more resources are being put into producing it ?
Have been watching and considering whatever it takes to make or ruin price of BTC... And yes, you may be right on what's being used more and more to produce more coins, but the productivity of it and supply & demand factor are 2 completely different scenarios...
And that's what I asked you to please explain me that how difficulty affects its price?
December 31, 2014, 08:01:13 AM
Last year ? Come on, LOL. Difficulty has gone up like 3000% since then.
Did you mean that difficulty either raises or dumps the price of BTC? Can you please explain how it affects the same?
I guess you haven´t noticed how the more the price of what is being produced (BTC)
tanks the more resources are being put into producing it ?
December 31, 2014, 08:00:19 AM
December 31, 2014, 07:55:48 AM
Last year ? Come on, LOL. Difficulty has gone up like 3000% since then.
Did you mean that difficulty either raises or dumps the price of BTC? Can you please explain how it affects the same?
December 31, 2014, 07:55:01 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
I'm sorry, I didn't notice you were not here last year.
Quote
Date Registered: 2014-07-25, 13:14:49
Last year ? Come on, LOL. Difficulty has gone up like 3000% since then.
Oh, LOL, yes you're so right. How did I miss that?
December 31, 2014, 07:53:46 AM
Bitstamp is down for me
For me too. 
December 31, 2014, 07:50:29 AM
Still a few days until the big triangle closes and we get the next big move either up or down.
December 31, 2014, 07:35:32 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
I'm sorry, I didn't notice you were not here last year.
Quote
Date Registered: 2014-07-25, 13:14:49
Last year ? Come on, LOL. Difficulty has gone up like 3000% since then.
December 31, 2014, 07:32:48 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
You are clearly shortsighted.
Yeah, it´s always going to the moon in the future.
It´s always the same songs.
December 31, 2014, 07:28:38 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
I'm sorry, I didn't notice you were not here last year.
Quote
Date Registered: 2014-07-25, 13:14:49
December 31, 2014, 07:27:43 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
You are clearly shortsighted.
December 31, 2014, 07:23:42 AM
Clearly what we have here is a question of which supply
dries up first, that of retarded buyers of the product or
that of retarded bankers financing production.
dries up first, that of retarded buyers of the product or
that of retarded bankers financing production.
December 31, 2014, 07:20:11 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
What previous rally ?
This thing is down 50 per cent over the last six months.
December 31, 2014, 07:19:21 AM
It´s a pity that bitcoin economics aren´t applied to oil.
I´d love to see them expand operations until a barrel
fetches five bucks.
I´d love to see them expand operations until a barrel
fetches five bucks.
I think this is what mastercoin and counterparty is trying to do
December 31, 2014, 07:15:15 AM
Estimated Next Difficulty: 43,716,692,155 (+7.57%)
$250 by March.
$250 by March.
I presume you don't correlate the hashrate with price; right? Because when the previous rally started it was right after the hashrate surge... you know, just sayin'...
December 31, 2014, 07:00:18 AM
December 31, 2014, 06:45:04 AM
It´s a pity that bitcoin economics aren´t applied to oil.
I´d love to see them expand operations until a barrel
fetches five bucks.
I´d love to see them expand operations until a barrel
fetches five bucks.
December 31, 2014, 06:41:12 AM
Bitstamp is down for me
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