Post
Topic
Board Mining speculation
Re: my new diff thread covers Oct 23 to nov 5? +0.033% to +1.16% ?
by
philipma1957
on 04/11/2014, 21:17:43 UTC

One of my points  described exactly as I think the big companies should look at.

Or here is another way Sep 25 , 2014 Diff = 34,661   Nov 4 , 2014 Diff = 39,500  that is after this evening's jump   this will be 3 jumps over 40 days with the avg of

about 4.5%.

Those numbers will make them rich with less risk. They will also allow the business to last longer.

 So the best interests for the big companies is less then 5% growth.

My assumptions are simple   :

1) btc price is at the 300-350 usd level.
2) growth needs to be under 5%


5% grow would sure be healthier than 10% for bitcoin, but as I don't care big companies's interests (and I'll do every little thing against them), I don't think a single company bother any other's interests. They simply can't make a cartel, so the only way left is to fight each other, and this is what they'r doing now.
I think HW sell volume will soon drop, and at that time the next show will start Grin

I WOULD love a bear run with coins dropping to 150 usd.

 On a completely different front  zen/gaw is going to launch hashcoin. 

I no longer have much invested with them but this new 'coin'  could do real damage to btc. I will keep an eye on their launch but I won't have much invested with them well under 500 usd .