Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
BTC ASICs relations is different...
It's not different.
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
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
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
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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.