GoldCoin Talk

Economy => Trading Discussion => Topic started by: MicroGuy on June 11, 2013, 10:18:16 AM

Title: Cryptsy Market Price
Post by: MicroGuy on June 11, 2013, 10:18:16 AM

Based on what I'm seeing, it looks like the good news is spreading.

https://www.cryptsy.com/markets/view/36

The chart looks pretty good over at Cryptsy. At this rate mining will become profitable within a short period of time.

Title: Re: Cryptsy Market Price
Post by: Sting17 on June 11, 2013, 10:20:42 AM

Agreed, the price of GLD has been steadily rising since its inception and a continued focus will lead to this continuing.

Title: Re: Cryptsy Market Price
Post by: bitshirehashaway on June 11, 2013, 09:26:56 PM

Imagine what happens when the difficulty drops. Theoretically, don't quote me, the current hashrate is 10mh/s. 1gh/s was needed to drive it to a difficulty of 7.34. Therefore, when the difficulty drops, mining profitability should go from its current 50% to a staggering 5000%!

Title: Re: Cryptsy Market Price
Post by: hyoshi on June 12, 2013, 12:20:43 PM

please lets keep that on the down low LOL

Luckily gld is listed on coinchoose vs. LTC. 

Title: Re: Cryptsy Market Price
Post by: ipaint on June 12, 2013, 11:15:35 PM

I like that the price is going up. But it seems like every time I place a Buy order someone places a LARGE Buy order right in front of me lol and I think I know who it is  ;) and when I place a Sell someone lowers the price a bit as well... Seems like I can't win lol