Investing in medical cannabis. It’s profitable!
Play over 1000+ slots! SPIN NOW! WIN CASH!
  Guest viewing is limited

❕NEWS The difficulty of mining Bitcoin decreases as BTC falls below $10,000 again!

highspeed

Emerald Member
LV
0
 
Joined
Feb 2, 2020
Messages
1,814
Reaction score
102
Points
150
Awards
1
Location
Italy
BMF Points
462
Rating - 100%
1   0   0
Create Free Wallet! Mining without Equipment!
Are You Looking for a Crypto Casino?
No a good news at least for now, for the Bitcoin's traders.
After a month of increasing difficulties for Bitcoin mining, the first adjustment in September saw the difficulty drop, although it still remains at the second highest level in the history of the network.
The recent high was reached only in conjunction with the latest adjustment, at the end of August, thanks to a 3.6% rise.
Bitcoin's price has also dropped over the past week from the $ 12,000 it had reached again earlier this month. Keeping the $ 11,000 level for just a couple of days, then fell below it on 3 September, followed by a sharp decline and even a short fall below $ 10,000 two days later!
Now it is trading at $ 9,926. It dropped 3% in one day and 15% in one week!
This is due to the fact that miners have downloaded far more bitcoins than they mined.
 

Josemendez

Emerald Member
LV
0
 
Joined
Apr 8, 2019
Messages
4,230
Reaction score
181
Points
150
Age
27
BMF Points
3,898
Rating - 0%
0   0   0
No a good news at least for now, for the Bitcoin's traders.
After a month of increasing difficulties for Bitcoin mining, the first adjustment in September saw the difficulty drop, although it still remains at the second highest level in the history of the network.
The recent high was reached only in conjunction with the latest adjustment, at the end of August, thanks to a 3.6% rise.
Bitcoin's price has also dropped over the past week from the $ 12,000 it had reached again earlier this month. Keeping the $ 11,000 level for just a couple of days, then fell below it on 3 September, followed by a sharp decline and even a short fall below $ 10,000 two days later!
Now it is trading at $ 9,926. It dropped 3% in one day and 15% in one week!
This is due to the fact that miners have downloaded far more bitcoins than they mined.
The drop in bitcoin price is getting some investors worried, I wanted to sell when it dropped up to 11k value but was hoping for a rise, now I can't be able to sell again but to keep buying more and more for I believe it will have the bullish run again
 

Niftyicon

Emerald Member
LV
0
 
Joined
Jul 17, 2020
Messages
2,669
Reaction score
28
Points
135
Awards
1
BMF Points
10,444
Rating - 0%
0   0   0
The drop in bitcoin price is getting some investors worried, I wanted to sell when it dropped up to 11k value but was hoping for a rise, now I can't be able to sell again but to keep buying more and more for I believe it will have the bullish run again
I guess we are in the same boat. As soon as it dipped below the $11k mark, I knew that I would have to hold on for a while more. I am hoping that soon it would recover and even exceed the $12k limit.
 

highspeed

Emerald Member
LV
0
 
Joined
Feb 2, 2020
Messages
1,814
Reaction score
102
Points
150
Awards
1
Location
Italy
BMF Points
462
Rating - 100%
1   0   0
The drop in bitcoin price is getting some investors worried, I wanted to sell when it dropped up to 11k value but was hoping for a rise, now I can't be able to sell again but to keep buying more and more for I believe it will have the bullish run again
Well, currently me about the purchase, I'm still definitely cautious
It still has considerable fluctuations.
Thank you.
 

Josemendez

Emerald Member
LV
0
 
Joined
Apr 8, 2019
Messages
4,230
Reaction score
181
Points
150
Age
27
BMF Points
3,898
Rating - 0%
0   0   0
Well, currently me about the purchase, I'm still definitely cautious
It still has considerable fluctuations.
Thank you.
Yeah I know this and this is what I am saying, it might even go down to 7000$. The important thing is that we buy when we think that we will make gain from it. Any fall below or at 8000 will really make me buy more.
 

highspeed

Emerald Member
LV
0
 
Joined
Feb 2, 2020
Messages
1,814
Reaction score
102
Points
150
Awards
1
Location
Italy
BMF Points
462
Rating - 100%
1   0   0
Yeah I know this and this is what I am saying, it might even go down to 7000$. The important thing is that we buy when we think that we will make gain from it. Any fall below or at 8000 will really make me buy more.
Well, I'm not certainly a stock and bank stock shareholder.
But from what I've been told, one easily buys at a low value, in order to resell, at a higher price. But with that, I'm certainly not a trader.
I need to more ti learn on this subject.
Regards.
 
Similar threads
Thread starter Title Forum Replies Date
AudraMiller ❕NEWS Bitcoin is currently experiencing its greatest difficulty in mining since 2011 Bitcoin Forum 29
microunit Mining Difficulty of Bitcoin Rises All Time High Days Before Halving Crypto Currencies 34
Israelites SUPPORT Having difficulty with the threads i've been uploading Support & Announcements 1
salvi Is Ahrefs keyword difficulty metric dependable? Search Engine Optimization 0
F ❓ASK How Do I judge the keyword difficulty of this keyword? Search Engine Optimization 5
Mahmoud2019 ☑️NEW limit-mining.icu reviews scam or legit HYIPs Forum 0
S ☑️NEW Ruble Mining Site New 1 ruble minimum payout instant HYIPs Forum 0
S ☑️NEW Beta-farm New Ruble Mining site 100% legit HYIPs Forum 0
Tanvin Hasan ☑️NEW mining-max.com Reviews: SCAM or LEGIT? HYIPs Forum 0
Tanvin Hasan ☑️NEW tnxminers-mining.com Reviews: SCAM or LEGIT? HYIPs Forum 0
Zihann ☑️NEW box-mining.com Reviews : SCAM or LEGIT? HYIPs Forum 0
Tanvin Hasan ☑️NEW reality-mining.org Reviews: SCAM or LEGIT? HYIPs Forum 0
Zihann ☑️NEW ultimate-mining.ltd Reviews : SCAM or LEGIT? HYIPs Forum 0
wilsnico ❓ASK Is Cloud-Mining the beginning of the end of decentralization? General Chat 0
AudraMiller ❕NEWS Mining has reached a high this year with $20 million being mined in a single day in bitcoin Mining Forum 4
Zihann ☑️NEW coincity-mining.com Reviews : SCAM or LEGIT? HYIPs Forum 0
Tanvin Hasan ☑️NEW ford-mining.co Reviews: SCAM or LEGIT? HYIPs Forum 0
berberguy ☑️NEW aion-mining.site Reviews : SCAM OR LEGIT ? HYIPs Forum 0
BuggiGang ☑️NEW doge-coin-mining.com Reviews: SCAM or LEGIT? Cloud Mining Reviews 0
Tanvin Hasan ☑️NEW tnxminers-mining.com Reviews: SCAM or LEGIT? HYIPs Forum 0
A ☑️NEW Plymax new Bitcoin mining site HYIPs Forum 2
Tanvin Hasan ☑️NEW alien-mining.ltd HYIPs Forum 0
Tanvin Hasan ☑️NEW mining-pool.ltd Reviews: SCAM or LEGIT? HYIPs Forum 0
Zihann ☑️NEW ethical-mining.uk Reviews : SCAM or LEGIT? HYIPs Forum 0
berberguy ☑️NEW gb-mining.ru Reviews : SCAM or LEGIT ? HYIPs Forum 0
Tanvin Hasan ☑️NEW metal-mining.co Reviews: SCAM or LEGIT? HYIPs Forum 0
Tanvin Hasan ☑️NEW kurtfinance-mining.com Reviews: SCAM or LEGIT? HYIPs Forum 0
Tanvin Hasan ☑️NEW codex-mining.ltd Reviews: SCAM or LEGIT? HYIPs Forum 0
berberguy ☑️NEW r-mining.ru Reviews : SCAM or LEGIT ? HYIPs Forum 1
Tanvin Hasan ☑️NEW ultimate-mining.co Reviews: SCAM or LEGIT? HYIPs Forum 0
Ivanr01 ☑️NEW gb-mining.ru Reviews: SCAM or LEGIT? HYIPs Forum 0
Ivanr01 ☑️NEW mining-rub.xyz Reviews: SCAM or LEGIT? HYIPs Forum 0
AudraMiller ❕NEWS Layer1 Bitcoin mining company in a legal dispute over ownership Bitcoin Forum 8
M ☑️NEW Adex-mining.net Reviews: SCAM or LEGIT? HYIPs Forum 1
berberguy ☑️NEW mining-club.online Reviews : SCAM or LEGIT ? HYIPs Forum 7
crypworld ❓ASK Does CPU mining consume a lot of Electricity? Mining Forum 13
berberguy ☑️NEW mining-ruble.ru Reviews: SCAM or LEGIT? HYIPs Forum 1
BTC bro ☑️NEW crypto-mining.shop Reviews: SCAM or LEGIT ? HYIPs Forum 0
Emoney ❕NEWS Iran's new crypto mining law requires crypto miners to sell directly to central bank Mining Forum 1
berberguy ☑️NEW pro200-mining.ru Reviews : SCAM OR LEGIT ? HYIPs Forum 0
sexygirl2020 ☑️NEW Limited person Hot Airdrop: DONDI (Like DEGO Mining)💸Airdrop Value: Earn 2 Dondi/hrs😍Dondi Token Value in future Price = 0.1$ to 10$🚀 Airdrops Forum 2
Josemendez ❕NEWS Minespot claims that they are opening the biggest mining farm in Russia Mining Forum 4
Emoney ❕NEWS Russia may become a green crypto mining powerhouse in the future Crypto Currencies 9
Knight Angeles ☑️NEW Mining-platform.online Reviews: Scam or Legit HYIPs Forum 11
Conorj ☑️NEW mining-funds.com Reviews : SCAM or LEGIT? HYIPs Forum 0
Ivanr01 ☑️NEW dollar-mining.site Reviews: SCAM or LEGIT? HYIPs Forum 0
Airdrop Ace ☑️NEW 💰ECOS Mining - 1.3 TH/s ($30 USD worth) -Bounty Duration from Oct 6th to Oct 12th Airdrops Forum 1
Ivanr01 ☑️NEW crystal-mining.space Reviews: SCAM or LEGIT? HYIPs Forum 1
BTC bro ☑️NEW fast-mining.site Reviews: SCAM or LEGIT? HYIPs Forum 4
ayeshamirza786588 ☑️NEW mining-research.life Reviews: Scam or Legit? HYIPs Forum 0

Similar threads

Top Bottom

Earnings Disclaimer:  All the posts published herein are merely based on individual views, and they do not expressly or by implications represent those of BeerMoneyForum.com or its owner. It is hereby made clear that BeerMoneyForum.com does not endorse, support, adopt or vouch any views, programs and/or business opportunities posted herein. BeerMoneyForum.com also does not give and/or offer any investment advice to any members and/or it's readers. All members and readers are advised to independently consult their own consultants, lawyers and/or families before making any investment and/or business decisions. This forum is merely a place for general discussions. It is hereby agreed by all members and/or readers that BeerMoneyForum.com is in no way responsible and/or liable for any damages and/or losses suffered by anyone of you.