Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlexGR
on 27/07/2016, 23:53:31 UTC
Get ready for... sideways forever.

Did I call this or what?

You called it. Side note, Estimated Next Difficulty:    197,309,358,560 (-7.58%). The greatest hash rate/difficulty drop in recorded history (or Bitcoinwisdom recorded history, at least Smiley)

The diff was

196,061,423,940 between June 8 and June 20
It went up to
213,398,925,331 by July 4 ("last push" of the obsolete hardware to make what they could, pre-halving)

...and if it goes to 197 it will be still higher than what we had 5-7 weeks ago, when the daily supply was double... what a "disaster" huh? Cheesy