Post
Topic
Board Altcoin Discussion
Re: Peercoin difficulty based Bitcoin price technical analysis BTC should be 113 USD
by
Wulfcastle
on 07/09/2014, 12:05:37 UTC
Peercoin is trading at around 0.73 USD
Its difficulty is 155 times less than BTC

0.73 * 155(diff multiplier for BTC)  = 113 USD per BTC hypothetically

SO if Peercoin had BTC's hashrate technically the Peercoin price could be 113 USD

SO soon BTC price might as well be 113 USD technicals of peercoin support this scenario.



Such logic, very wow