Quote from: hannusolo on November 18, 2017, 10:50:27 PM

Quote from: faragly on November 18, 2017, 12:26:09 PM

Quote from: Intellium on November 16, 2017, 07:23:22 AM

Can someone tell me the reason why price made 53%?
Is it pump&dump or shall we expect the further growth?

In the medium term, entering the market of powerful ASIC-miners in mid-2018 will have a negative impact on the cost of the DCR. The price will fall, because it will be profitable for the owners of the ASIC miners to sell even taking into account the double fall from the current price.

I wasn't in the cryptospace when bitcoin asics were introduced, I don't even know when was it. What effects did that have on the price? Anyone remembers? Afaik the Baikal miners for DASH are a bit newer things, what effect did those have?

Btw asics are not good for decentralization... The one cpu, one vote principle gets hurted by that.

In long run, it obviously had a positive impact. BTC is one of the most secure chains.

Take a read here, it's a nice analysis: https://www.reddit.com/r/decred/comments/7dedss/asics_or/dpx7ggq/