Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
electronistul
on 30/04/2014, 06:54:23 UTC
Anybody knows what just happened ? Some news / rumors / FUD /sheep-ism ? Why are people buying all of a sudden ?

i know that people dont like altcoins in this subforum, but this time ltc has gone up first, then btc.
ltc rallys because its difficulty is reaching a new ath.

So ... anyone want to comment on how will Scrypt ASICs impact the scrypt altcoin world vs. how SHA-256 ASICs impacted a (limited, at the time) SHA-256 alt-coin scene ?
Are we safe to assume that more than 70% of the Scrypt hashing power goes to mining LTC directly (what is this percentage, exactly?) so ... when difficulty shoots up (now, it seems) we will notice a significant change in the LTC/USD or LTC/BTC exchange rate ?
LE: scratch that, I'm a couple of days late already; dammit.