Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
billyjoeallen
on 27/02/2016, 16:36:51 UTC
...
OMG - you envision a fee market (long before it's neccessary), but you can not see the commoditization of mining equipment hence re-decentralization of mining!?

I don't understand what you mean. Explain?



You can run a farm on a mobile broadband connection if you're mining on a pool. And that won't change.

If there are cell towers 200 miles from Gnome, Alaska, I am not aware of it.
...

Mobile broadband was probably used as in "slow."
Quick search tells me that there are at least 2 internet providers in Nome, Alaska.
In my (unlerned) opinion, "decentralization" is no longer an issue, that bird has flown.

If we can't again achieve distributed mining, then the only thing left for me to do is try to find the best possible exit point to divest.

We are a gnat to the PRC. If we ever grow to the size of a horsefly, we will get swatted and we've given them the best possible flyswatter: >50% of mining hardware.

For me, that exit point was a long time ago.

You may easily be right, but the pumpmonkeys are doing their thing right now, and I think I can do a little better than $450. There's a lot of momentum.