Huge uptick in hashing power in the network
since last difficulty change of
I think there could be a plan to crash the price at most to $1800 in preparation for Segwit speculation has been a lot of market moving to suggest a lot of money is being pumped at controlling the prices.
Screenshots: Bitcoinwisdom.com
I would not be surprised to be honest. We are entering a period of immense uncertainty and that will reflect on the market. Get ready to buy up CHEAP bitcoins and smile in a few months when the price has not only FULLY recovered buy far exceeded it
Interesting analysis.I was wondering what was going on. This gives some perspective!
decline could have started already
What's the theory behind this?
the Straight climb up in hashing poweris a lot of mining joining the network more than ive seen before at one time, says to me people with a lot of resources started mining with plans to dump the price to gain more BTC before the speculation kicks in in next few weeks
4% faster mining until the difficulty resets? That is not a strategy to crash and burn Bitcoin, I would say.
the networks gained 10% in a day
to put into perspective heres a mining calculator of 608338552 GH/s
Making $54000 a day is enough to shake up a lot of markets
We will see. Thanks for the clarification.
no problem,
glad to be of assistance
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