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Showing 20 of 60 results by Dimrain13
It dropped in price due to all the Noobs with ASICs that pump and dump, drove the price down, If you buy and hold and wait to sell when you need to it will keep the price higher... but there needs to be more people that buy it than sell... but that goes for all the Alt coins lol
If any of you win this I will give you 5% off for paying in crypto. Its an auction, 10 days. still at $10 
http://www.ebay.com/itm/141301970742?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
http://www.ebay.com/itm/141301970742?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1555.l2649
ASICS = More Coins Mined = More Dumping = Price Drop
False, ASICs don't change the number of coins to be mined each hour/day/month, this value is fixed by algorithm.Price is determined by supply and demand, diff or hash rate has little effect actually. Less demand = less buyers = price decrease.
So since the suppy is the same and the difficulty will go up should that not equal a price increase? or it that dependent on hording and buying?
I noticed all the bigger Asics coming online recently, and also all coin values seemed to drop. Im curious as to how long it will take to correct itself...you know, Harder to mine therefor price should go up. Anyone care to shed some light on this?
I think I will keep buying til it becomes mainstream.
True hipsters do what they want :p
Alright guys I hope that all of you pay attention to Alt coins as well. The Asics that have are dominating the markets.. and most of them (well maybe not most but ALOT) use auto converters to BTC.. this is increasing the Demand for BTC and LTC. Also keep in mind that people were not getting their ROI so they began to Panic and they are all out selling all of the alt coins that they have to try to break even (thus driving the price of alt coins down). if you look on Ebay there are crazy amounts of Script Mining rigs for sale as well as GPUs at a really low price(nows the time to buy if you like AMD/ATI IMO).
Take that into consideration as well as the announcement for Ebay talking about incorporating BTC into Paypal... The price his 500 That day alone!
This is why... none of that BS about Bitstamp (read into it dont just look at the title) It just wants more information if you withdraw more than a certain amount of BTC nothing else.
And how the hell could a top level exchange going down make sense for a price rise? Really? does no one here know simple Supply and demand? I digress.
This is my opinion that I believe to be correct...Just check the Price for DOGE by itself, or on ebay.
Hope this helps you all that are confused.
/newfags cant green text/b/. Out
Take that into consideration as well as the announcement for Ebay talking about incorporating BTC into Paypal... The price his 500 That day alone!
This is why... none of that BS about Bitstamp (read into it dont just look at the title) It just wants more information if you withdraw more than a certain amount of BTC nothing else.
And how the hell could a top level exchange going down make sense for a price rise? Really? does no one here know simple Supply and demand? I digress.
This is my opinion that I believe to be correct...Just check the Price for DOGE by itself, or on ebay.
Hope this helps you all that are confused.
/newfags cant green text/b/. Out
Simple answer look at the ALT coins. They just got ASICs and they are trading them in for BTC at a higher volume. Plus news for BTC keeps going around with paypal. Looks like it will be taking a large Turn upward for the next few months... I look forward to it. Think of it like that. Alsothe block chain split will drive it up double what ever we get to this September (hoping 5k we will see)
Odd how accurate that this chart was I found a few days ago the "rally" was estimated for this sunday. Let hope that it goes where I think it will. Also it DID start on the day Ebay said paypal is looking into finally implementing BTC into it.
Then I suppose I should rephrase it to state that Auto conversion is bad within multi pools. Watch the video and think about it. If you dont have a point to hold your crypto of choice then why would the price go up? the more that people hold the coin the less they have to spend and from there its simple supply and demand. Less supply more demand higher price. POS at its finest. Without more diversification then most coins will die. This is just how it goes in supply and demand in this particular situation.