Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MayorMccheese
on 28/07/2016, 00:33:28 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

I hope you didn't misconstrue my shared statistics as a cause for concern. -7.58% (pardon, -7.67% now, went up a bit since I posted last) hashrate drops happen all the time...

    ...well, maybe not all the time, maybe like once a year, at least...

...did I say once a year? I meant once every couple of years...

OK, I lied. So sue me.

Nothing like this happened since 2011, when BTC wasn't worth anything, and consequentially, the price *TANKED* following year. You got me!

Sorry... where was I? O yeah, nothing at all to worry about Smiley

https://s31.postimg.org/77za6mw97/sleep2.gif
Ha, you should tell me how to insert VBA code into a comma separated file.
I hear Bitcoiners are good with computers. (good one tho. If file has a .CSV extension, it must be a harmless comma-separated file. Nothing to worry about at all, I'll just go ahead and load it right up Smiley)