Quote from: Vaccinus on July 01, 2017, 02:02:24 PM

Quote from: CarlOrff on July 01, 2017, 08:44:04 AM

What do you think about the impact of such ASICs on the SIA price ?
UP ? Down ?
The difficulty will rise a lot, that's certain, but the price ?

asic coin are always bad when an asic hit a coin, that coin value can't increase anymore or just will be pumped but then dumped again look at litecoin, after the new l3 the price remained there, after the first pump because of segwit

How to explain bitcoin then and its value going up despite chiense asic farmers??

https://twitter.com/jgarzik/status/296709252351926273 ~around this date, 30 Jan 2013, people were getting their first asic miners, and the price in a month went from $18 to $34... and continued to rise until the crash.

cryptobob88

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