Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 25/07/2016, 15:24:51 UTC
So much for the halfing raising price. Small miners quitting. Hate to see the next one.


First:  Where is your proof of your factual statement about small miners quitting?  Do you have anything more than anecdotal evidence of such a supposed phenomenon?

Second:  If above is true, you are implying that there is some kind negative effect of smaller miners quitting?  less decentralized, is that negative effect?  

Third:  regarding raising prices, why would there be an immediate raising, except for pumping and dumping.  It will take several months for the smaller supply of bitcoin to actually be felt, no?


Fourth:  Are you suggesting a drop in hashing power too, or not?   I don't see that, so far.