Quote from: toknormal on February 19, 2016, 09:17:43 AM

Quote from: arielbit on February 19, 2016, 09:04:53 AM

BTC ASICs relations is different...

It's not different.

Quote from: arielbit on February 19, 2016, 06:00:47 AM

cheaper electricity makes cheaper coins

It doesn't matter. The difficulty adjustment eliminates that as a factor when more miners join the network.

Everybody said ASICS would "kill bitcoin". They didn't, they just made the network stronger to the point where it's impossible now for banks to compete with their poxy "in house", "blockchain not bitcoin" blockchains. We need ever increasing hashpower, increasing nodecount and increasing marketcap. All positively correlated.

I'm quoting my previous post because you sliced the important points and negate my argument LOL

Quote from: arielbit on February 19, 2016, 09:04:53 AM

in regards to bitcoin and ASICs.. it is different

bitcoin is the first, it is not an altcoin, it is not a fork/clone

BTC ASICs relations is different...the law of supply and demand says more cheap bitcoin produced but the demand for the first crypto currency pulled the price even higher...looking at DASH I don't think so ... there are other coins out there Wink

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The difficulty adjustment eliminates that as a factor when more miners join the network.

more miners going to work.. I don't think so ASICs is a form of centralization (mining farms, places where ASICs cannot be bought-no miners)

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Everybody said ASICS would "kill bitcoin". They didn't, they just made the network stronger to the point where it's impossible now for banks to compete with their poxy "in house", "blockchain not bitcoin" blockchains. We need ever increasing hashpower, increasing nodecount and increasing marketcap. All positively correlated.

it is all about the DEMAND for bitcoins that made the price increase and even more ASICs mined the shit out of it.