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Topic: What's happening in December? - page 2. (Read 2499 times)

hero member
Activity: 1302
Merit: 502
June 29, 2012, 02:55:45 PM
#4
How is ASIC going to flood the market with coins?

Coins are generated at more or less a constant rate due to difficulty adjustments.
full member
Activity: 196
Merit: 100
Bitcoin is a food group.
June 29, 2012, 02:47:05 PM
#3
sr. member
Activity: 341
Merit: 250
June 29, 2012, 02:44:34 PM
#2
Yes.
full member
Activity: 736
Merit: 100
Adoption Blockchain e-Commerce to World
June 29, 2012, 02:43:19 PM
#1
Well I've been thinking. In December there's gonna be ASIC mining but the block rewards are halving too. What will happen to the Bitcoin exchange rate? The ASIC is gonna flood the market with coins but the block halving is gonna increase the price of coins. So in December are bitcoins gonna plummet, stay the same or rise?
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