Ethereum Difficulty Bomb Exploded

1750THS => 2000THS in no time
same will be the price

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github.com/ethereum/pm/issues/21#issuecomment-324811376
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I'LL NEVER BE ABLE TO BUY IN AT THIS RATE!

buy now or regret later

This. waiting for dip is a meme.

What kind of price increase are we looking at here?

2.5x

what's going to happen?

Why so much? I'm genuinely curious.

block reward drop 60%
from 5 per block to 2 per block

so over 30 billion dollars is going to flood into ETH now?

It's definitely ready to

from 5 to 3 you mean

probably from BCH

5 - 5*0.6 = 2

bumping the thread

I haven't traded in a while, so i'm wondering if based on recent trends would the ETH price increase off set any increase in BTC?

Basically should I put some BTC into ETH right now?

no, the reduction is 5 to 3, 40%
github.com/ethereum/pm/issues/21#issuecomment-324811376

don't try to math if you're a fucking retard that can't read

all in will be the best decision you've ever made

guys this means nothing!!

After the halving for bitcoin JULY 2016, nothing significant happened to the price. There was only speculation leading up to it.

NOTHING HAPPENED.

Man I haven't been on this board in so long I can't tell if you're memeing me.

I know ETH is a safe bet but BTC has been mooning recently.

It's more difficult for bitcoin to 2.5x
while ETH has a rather small marketcap to make it more profitable when it moons

So what happens when the block times increase in September and October?

miners will have less ethers to dump on the market
which is going to double the price

See BTC halving

ALWAYS DO THE OPPOSITE OF WHAT Veeky Forums TELLS YOU TO DO

DUMP ALL YOUR ETH RIGHT NOW

enjoy your short bags lol

aight now I'm keeping them :-)

Alright, but if the price is so correlated with the difficulty, what happened when it dropped to $120 in July?

Was that just a sell off by miners or something?

Thanks for the help btw.

that's just a correction

Just bought some ETH.

I haven't been around since I cashed out on digibyte a couple months ago, so I appreciate the help. To the moon!

ID'S HABBENING

BUY

I told you guys yesterday
You should have bought the dip

I just streamed saying it would hit 394 from $50 acending triangle breakout ethlive.tk

Nope it's coming from btc

It's a ponzi scheme now. That's why coins like XMR and LTC pump. BTC exodus is coming, be ready.

what should I put my stop/sell at?

or will this moon extend into the weekend?

gonna moon for a while, prob bounce off every $10 or so and really bounce at 390s

Oh, I've seen this movie before. You guys want to know how it ends?

Fuck that means I have to sell

12k in at 301

But does it?