Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
noobtrader
on 05/12/2014, 02:26:26 UTC
wow price dumped  Cry

back to the  fair price Huh

Fair price? Think lower, bro


oh dear... you were right, difficulty drop that changes everything... yep fair price is now 330-340  Huh

A 0.73% drop will equate to a price drop just like the 16% difficulty increase in September resulted in the price sky rocketing.

what will happen then, difficulty will keep dropping to maybe to 25-35 range until 2016 then doubled because of reward halving Huh

Difficulty doesn't double.  New coins paid halves.

but if new coin paid halves, then in effect there will be like doubled difficulty