Quote from: alani123 on March 12, 2020, 03:25:29 PM

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Bitcoin is going through a remarkably bad day. It turns out all assets are having a rough month including cryptocurrencies. A couple of hours ago, the average price of BTC dropped by 15% in just 20 minutes.

Mainstream technology news outlet Techcrunch is also now reporting on bitcoin's crash. The news are mainstream and yet there seem to be no signs of recovery. From the time of the article's publication, prices crashed even further. Is there any saving for bitcoin's price levels?

https://techcrunch.com/2020/03/12/bitcoin-is-also-having-a-very-very-bad-day/

No one can point out on when would be the recovery and its no surprise that price can shoot up and sunk down on least expected.We are on a very bad condition not only applied on crypto but also on other traditional markets as well. Everything is on red but we cant point out precisely if this one been caused by Covid or not.Answering on saving bitcoin price levels? It isnt really need yet recovery would happen and
its an inevitable thing.

Quote from: vickersja on March 12, 2020, 03:34:42 PM

Good writeup. Question from a mining perspective Assuming difficulty will go down with the price tanking. Is this a good time to fire the miners up?

How fast does it take for lower difficulty to be reflected?

I dont really consider on correlating mining difficulty with current market price yet you can observe out their difference clearly.