I am very much looking forward to Bitcoin Core's next difficulty adjustment in 1.75 days. My prediction is that 1.) Bitcoin Cash's price will get pumped, 2.) hashrate will flock to it, 3.) Bitcoin Core's block time will go up markedly for 3+ weeks. 4.) Bitcoin Core price will drop.
Let's see how I do on this prediciton over the next week or so.
[Bitcoin Unlimited Strategy] I believe it may be wisest for BU pools to mine the first block larger than 1MB (once we have 75% hashrate) *right after* a difficulty adjustment. This would provide the greatest resistance to a minority chain due to the longest time until the next difficulty adjustment
This would make the fork cleaner by presenting less chance for the minority chain to go anywhere.
Estimating the next difficulty adjustment is possible, but extrapolating predictions to the longer term is infeasible. Bitcoin’s hash rate nearly tripled (~2.9X) throughout 2018 and mirrors the market price movements of Bitcoin closely. In the Bitcoin whitepaper, Satoshi Nakamoto briefly describes the difficulty adjustment as follows: “To compensate for increasing hardware speed and ... Bitcoin’s mining difficulty — a metric that dictates how hard it is to find the next block in Bitcoin’s blockchain — adjusted downwards by 6% yesterday in response to drooping hashrate after Bitcoin’s third halving.. The difficulty adjustment is a routine, self-executing mechanism that is meant to keep Bitcoin’s mining landscape balance. Many industry analysts expected the drop ... Bitcoin Wisdom currently projects the next reset will be a whopping nine percent drop. If you’re lucky, understanding difficulty adjustment is one of the moments when the struggle to truly grasp bitcoin yields that delicious galaxy-brain whoosh of witnessing sublime brilliance. Bitcoin's mining difficulty is expected to increase over 11 percent on Sept. 19, which would be the second-largest positive adjustment this week. Mining pool BTC.com has a more modest projection of 5.64 percent; this would cause the difficulty to log another all-time high of 18.29 tln. Image by btc.com Bitcoin difficulty may drop by 15%. Now, since Bitcoin is self-regulating and autonomous, the Bitcoin Difficulty Adjustment scheduled in less than four days from now will likely slash the network’s mining difficulty levels by as much as 13% to 15%. This will be the 3 rd or 4 th single largest difficulty adjustment in Bitcoin’s 11-year history.
BITCOIN BEARS STILL in CONTROL!! 〽️What Next? Analyst Calls for BULL Run THIS WEEK!!?
On this episode of the BCH Coffeehouse Livestream, the topic revolves around Improving the Difficulty Adjustment Algorithm in Bitcoin Cash. Featured guests include: Jacob Elisosoff Tom Harding ... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next How Bitcoin mining actually works - What is the "cryptographic puzzle"? Bitcoin Technical Analysis & Bitcoin News Today: This Bitcoin difficulty adjustment data predicts BTC at $17,800 dollars! I'll use technical analysis on the Bitcoin price to make a Bitcoin price ... BITCOIN MINING DIFFICULTY EXPLAINED IN 10 MINUTES! ... a suggested video will automatically play next. Up next Crypto Mining Difficulty 101 - Everything You Need to Know - Duration: 18:40. Goose ... 01:18 Market Update 02:18 BTC Difficulty and Hash Rate Drop 05:01 Satoshi Nakomoto Won't Sell Bitcoin 07:28 eToro Market Analysis 10:59 Paxful in India 13:36 IOST NFT Collectibles and Mystery Box ...