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Bitcoin Price Could Reach $17,800 In 6 Months Following Extreme Difficulty Adjustment
#1
If the prediction is true then altcoins will also go up maybe 3-6 times as well.

"Bitcoin’s network went through one of its biggest difficulty adjustments just recently. While this had a quick and expected impact on the network, everything is back on track with blocks being produced on schedule.

However, interesting performance data reveals that the price tends to increase following extreme difficulty adjustments, such as the one that was witnessed on March 26th. According to some analysts, this might be quite favorable for Bitcoin’s price in the medium term.

.... read the rest here. "

https://cryptopotato.com/bitcoin-price-c...a-suggests
Cardano is the most promising 3 gen. crypto right now.


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#2
(2020-03-28, 08:50 AM)Carsten Wrote: If the prediction is true then altcoins will also go up maybe 3-6 times as well.

"Bitcoin’s network went through one of its biggest difficulty adjustments just recently. While this had a quick and expected impact on the network, everything is back on track with blocks being produced on schedule.

However, interesting performance data reveals that the price tends to increase following extreme difficulty adjustments, such as the one that was witnessed on March 26th. According to some analysts, this might be quite favorable for Bitcoin’s price in the medium term.

.... read the rest here. "

https://cryptopotato.com/bitcoin-price-c...a-suggests
I see miners are capitulating since a few days.
What is this thing that builds our dreams, yet slips away from us?

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#3
You mean miners stopped mining?
Cardano is the most promising 3 gen. crypto right now.


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#4
(2020-03-28, 09:53 AM)Carsten Wrote: You mean miners stopped mining?

It's true, the hashrate of bitcoin has gone a bit down.
Adopting the future, while it unfolds - Junior
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#5
(2020-03-28, 11:51 AM)Junior Wrote:
(2020-03-28, 09:53 AM)Carsten Wrote: You mean miners stopped mining?

It's true, the hashrate of bitcoin has gone a bit down.

Correct
Cardano is the most promising 3 gen. crypto right now.


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#6
(2020-03-28, 12:21 PM)Carsten Wrote:
(2020-03-28, 11:51 AM)Junior Wrote:
(2020-03-28, 09:53 AM)Carsten Wrote: You mean miners stopped mining?

It's true, the hashrate of bitcoin has gone a bit down.

Correct

It often happens when halving is approaching.
There is a guy who made a script to see in charts when there are capitulations.
In the past there has always been a certain pattern showing that after a real capitulation it was time to buy (the chart will show the buying moment).
Afterwards BTC price always topped above +5000%.
What is this thing that builds our dreams, yet slips away from us?

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#7
[Image: GYjR2Nal.jpg]Hashrate is going low and more miners are capitulating.
What is this thing that builds our dreams, yet slips away from us?

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#8
It will just mean that it is going to be easier to mine bitcoin.
Cardano is the most promising 3 gen. crypto right now.


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#9
(2020-04-11, 12:53 PM)Carsten Wrote: It will just mean that it is going to be easier to mine bitcoin.

Yes but it is a known phenomenom that when halving approaches there is always a massive capitulation. At the end of that period there is a strong buying period. From that moment BTC everytime surged an average of 5000%.
What is this thing that builds our dreams, yet slips away from us?

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#10
What happen during the halving this time is not easy to predict. Yes, maybe some leave the mining business and cash in now. Maybe that's why we don't see the price go up above $10.000 as expected. We also have the Corona crises that affect everyone and the global business. That is for sure also a huge factor for the current price of crypto. Maybe some cash in and maybe some buy up by selling out of stocks. Hard to say for sure with a deeper analysis. Still I can't imagine everyone leaving the mining business because a price of $7000 is still attractive. The amount of hashrate will adjust so it's profitable for those with access to cheap power.
Cardano is the most promising 3 gen. crypto right now.


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