Quote from: nazzer on April 09, 2018, 01:55:07 AM

Quote from: cAPSLOCK on April 09, 2018, 01:39:19 AM

So... most of the last version upgrade is terribly positive. More new and important features. A more stable and quicker IMHO GUI wallet. Subadresses, multisig, and so on.

But the big NEWS is the tweak to render current ASICS useless.

And we are seeing the insane drop in hashrate, and crazy rise in mining profitability.

But here in the SPECULATION thread I do not see much speculation as to what this means price wise for Monero. I can't really figure it out myself. So many moving parts... So far there's been a little drop in price. I imagine Jihan want's to revenge sell... and he might have a warchest to do that with, though I doubt he kept more than he sold. Then there are the forks. Not a direct relationship, but related at least.

What do you guys think. Way less hashpower hitting the network, yet so much more decentralized. Web miners suddenly more profitable.

I think ASIC resistance is a positive thing for the project... but what does this do to the price?

I'd expect the massive dumping already happened (XMR ~ 50% of last month's high)

ASIC resistance is a goal of the project - price I'd expect to be a stable growth now, without meteoric rises hopefully attracting too much speculation.

Massive drop in hash shows that all the jscript miners really haven't deployed any updates. Similar situation appears to be true with botnet miners and ASIC miners, for now.

I think the previous mining is mainly done by the ASIC. There are still about 850MH/s mining the XMO

Casmatesid

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