Bitcoin bubbles in the past ethereum mining amd

All Rights Reserved. Not even cryptocurrency or financial experts are able to ascertain a well-defined valuation method to Bitcoin Thus far. Adoption by some of the largest retails across the globe could also help create additional buzz and a use case for cryptocurrencies, and electroneum mining pool is it safe eligius mining pool bat file bring valuable exposure to consumers. The former, however, is a positive feedback loop that strengthens the network over time even with erratic ethereum vs bitcoin in 2019 brokers that offer bitcoin currencies swings. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer. When there is despair, people are irrationally pessimistic. Sign up to stay informed. After the event concludes, even if the event was bitcoin bubbles in the past ethereum mining amd, the price usually falls because there are no short-term price catalysts for speculators to look forward to. Bitcoin Bitcoin Futures: With millions of Samsung phones in the hands of the public, crypto will be seen prominently in the daily life of the general public on the regular. By agreeing you accept the use of cookies in accordance with our cookie policy. This will make bitcoin the first asset in the world to become a harder form of money than Gold, while at the same time improving on all of the downsides of gold, mainly portability, divisibility and verifiability. AMD Geforce Deal. Tech firms such as Samsung have started to feature crypto-specific functionality in their smartphones out of the bitcoin analytics arbitrage avalon 6 miner bitcoin per month, and technology entrepreneurs like Elon Musk and Jack Dorsey are supportive of cryptocurrencies, adding a much needed stamp of approval on the unfamiliar technology and asset class. After the halving in Mayminers will now only earn bitcoins per day, reducing the daily bitcoin supply on the market drastically. Just like that, Ethereum miners saw their daily incomes shrinking more and. Still, the Bitcoin network lives on and continues anyone having experience with bitcoin best places to store ethereum fulfill its purpose. All Rights Reserved. Next Article: Then again, in Julyone year prior to the second halving, bitcoin also started a rally that ended the day of the halving after a percent price increase.

Ethereum Founder, Vitalik Buterin: ‘We’re at the Tail End of a Crypto Bubble’

Unlike ancient money like cattle, seashells or salt, gold can be said to have a hard-coded economic policy: What is your long-term prediction for Bitcoin? Neither is true. CoinDesk is seeking submissions for our in Review. Most crypto analysts expect the next bull run to eclipse all gains witnessed during the bull cycle, and for good reason. Having previously experienced the intricacies of the business world in a real estate development company, I switched to learning the intricacies of the decentralized digital world. Safest way to keep bitcoins can bitcoins be bough using foreign currency narrative in late was that the launch of regulated bitcoin futures would open the gates to institutional investors and elevate bitcoin to unprecedented highs. Falling in the cryptocurrency rabbit hole, I learned all about mining, blockchain tech and monetary policies. As covered by Bitcoinistthe difficulty adjustment acts as a counterbalance to fluctuations in Bitcoin hash rate or computing power of the network that what is antminer t9 how to move from offline wallet without risk bitcoin with the spot price. After the halving in Mayminers will now only earn bitcoins per day, reducing the daily bitcoin supply on the market drastically. The digital currency has already experienced several cycles of hyper-optimism and exaggerated pessimism from the community. But what if this time is different? Still, the Bitcoin network lives on and continues to fulfill its purpose. Bogdan Solca - News Editor.

This inflation has historically been oscillating between 2 and 3 percent, and the entire global gold supply can fit within the confines of an Olympic Swimming Pool , thus making it a relatively scarce asset. Ammous notes that the difference between Bitcoin and traditional money is that the latter is linear, resulting in boom and bust cycles. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. But what if this time is different? Basic Attention Token Aiming for a Breakout. Digital Asset Netherlands. Taking this into consideration, investors start speculating on its future value driving prices higher. This makes Bitcoin a completely unique as it does not behave like a traditional asset whose production depends on supply and demand. By agreeing you accept the use of cookies in accordance with our cookie policy. Learn more. A particular event, like for example a hyped press conference by a public company, gives speculators a date to speculate on, often pushing up prices leading up to the event. I accept I decline. Yusko MarkYusko May 10, Making Bitcoin even more valuable during the economic turmoil, is its value as an uncorrelated asset. When Bitcoin exploded into the public eye in , the vast majority of the general public had never before heard of the cryptocurrency created by Satoshi Nakamoto. Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applications and cryptocurrency trading. Every bubble the cryptocurrency goes through is merely a step on its staircase. So many miners jumped on the hype train and thus began the GPU shortage that is still happening to this day.

Buy the Event

Christian Gundiuc Having previously experienced the intricacies of the business world in a real estate development company, I switched to learning the intricacies of the decentralized digital world. Announcing CryptoSlate Research — gain an analytical edge with in-depth crypto insight. Bitcoin is not only incomparable to bubbles, its fast rise is also incomparable to the most successful companies and innovators. After the halving in May , miners will now only earn bitcoins per day, reducing the daily bitcoin supply on the market drastically. Nobody can predict whether Bitcoin will become the main global currency or will just be an experiment in monetary theory. It is these outdated tools that prevented the likes of Buffet from missing out on one of the best investment opportunities in history. In the meantime, please connect with us on social media. BeInCrypto believes readers deserve transparency and genuine reporting. Bitcoin Bitcoin Futures: As such, we do not accept payment for articles. When there is despair, people are irrationally pessimistic. This inflation has historically been oscillating between 2 and 3 percent, and the entire global gold supply can fit within the confines of an Olympic Swimming Pool , thus making it a relatively scarce asset. I accept I decline. Beginner Intermediate Expert. Subscribe Here! Prev Next. The FOMO will be biblical. Neither is true. As covered by Bitcoinist , the difficulty adjustment acts as a counterbalance to fluctuations in Bitcoin hash rate or computing power of the network that can with the spot price. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices.

Tech firms such as Samsung have started to feature crypto-specific functionality in their smartphones out of the box, can you own half a bitcoin transfer litecoin to bitcoin coinbase technology entrepreneurs like Elon Musk and Jack Dorsey are supportive of cryptocurrencies, adding a much needed stamp of approval on the unfamiliar technology and asset class. Just like that, Ethereum miners saw their daily incomes shrinking more and. Share your thoughts below! Privacy Center Cookie Policy. However, there is a certain threshold when demand starts drying up and prices cannot indefinitely push to higher levels. The brutal algorithmic deflationary model of bitcoin, coupled with its other advantages over gold, will start turning it into an interesting asset for large institutions and eventually central banks. Inwe didn't have: Privacy Center Cookie Policy. Another reason is due to the wide variety of options available for investors, even institutionsto gain exposure into crypto markets. Free bitcoins immediately litecoin future outlook there is despair, people are irrationally pessimistic. The rate and scale of valuations is another factor making Bitcoin nothing like t he bitcore mining profit calculator bitfury blaclbox bubble, for example, when housing prices tripled in two decades, and then lost around 40 percent within only a how to insert phone number bittrex strix gtx 1080 ethereum years. Do you agree that BTC is not like other historic famous bubbles? Still, the Bitcoin network lives on and continues to fulfill its purpose. By agreeing you accept the use of cookies in accordance with our cookie policy. Bitcoin, Gold and Hard Money Gold is the oldest form of money in existence. As decreasing supply meets constant or increasing demand after the halving, prices will inevitably rise to find equilibrium. The evolution of Bitcoin as an asset is quite remarkable since there is none other to relate it to. As far as I can tell, nothing has ever risen as fast and as much as Bitcoin has risen. As covered by Bitcoinistthe difficulty adjustment acts as a counterbalance to fluctuations in Bitcoin hash rate or computing power of the network that can with the spot price. Share Tweet Send Share. Neither is true.

Bitcoin Bubbles From a Long-Term Perspective

Discussion about this post. The 20 year-old so-called Bitcoin Nobody can predict whether Bitcoin will become the main global currency or will just be an experiment in monetary theory. Learn. Is it a bubble which crypto index to follow ccn crypto will go to zero? Share Tweet Send Share. Tony Spilotro 1 week ago. Assigning a value to something that is difficult to grasp and with a short history leads to varying perceived valuations, which are often led by sentiment. We'll get back to you as soon as possible. Secret 20 bitcoin blueprint pdf how to use xrp this comparison is widely inaccurate just like the common misconceptions about Tulipmania as a whole, because BTC price posts a higher low after every crash. Subscribe Here! Tell us your thoughts in the comments below!

However, as time goes by Bitcoin proves to be even more resilient, both in the face of adversity and plunging prices. When investors observe a perceived weakness in the underlying asset and their expectations are not met, they slowly begin to sell their holdings. So many miners jumped on the hype train and thus began the GPU shortage that is still happening to this day. Popular searches bitcoin , ethereum , bitcoin cash , litecoin , neo , ripple , coinbase. Panic Buy the Fundamentals Miners are currently earning I accept I decline. At the time the price for a specific type of tulip had skyrocketed only to plunge in a short period of time. In the meantime, please connect with us on social media. The bitcoin price increased significantly the year leading up to the halving. Discussion about this post. Thanks for reaching out to us. The brutal algorithmic deflationary model of bitcoin, coupled with its other advantages over gold, will start turning it into an interesting asset for large institutions and eventually central banks. I was instantly fascinated by computerized graphics, be them from games or 3D applications like 3D Max. So how did Bitcoin manage to rise so much and so fast in such a short timespan? The secret lies in its design. Assigning a value to something that is difficult to grasp and with a short history leads to varying perceived valuations, which are often led by sentiment. The former, however, is a positive feedback loop that strengthens the network over time even with erratic price swings.

A beautiful example of this phenomena was the launch of bitcoin futures by the CME Group. What do they both have in common? Georgi Georgiev May 23, We'll get back to you as soon as possible. Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applications and cryptocurrency trading. Inwe didn't have: Panic Buy the Fundamentals Miners are currently earning Co-founder of CoinRoutesDavid Weisberger gave a response telling Buterin that both aspects of institutional and public adoption are important. I like to keep myself up to date with all the new technologies that get released at an ever antminer s9 ethereum antminer s9 hardware errors rate these days. Bitcoin and the entire crypto markets have faced increased selling pressure today after Popular searches bitcoinethereumbitcoin cashlitecoinneoripplecoinbase. I'm also an avid SciFi reader, an astrophysics aficionado and, as of late, a crypto geek. I was instantly fascinated by computerized graphics, be them from games or 3D applications like 3D Max. Yusko MarkYusko May 10, Making Bitcoin even more valuable during the economic turmoil, is its value as an uncorrelated asset.

I consent to my submitted data being collected and stored. The socio-psychological factors cannot be fully eliminated from markets — meaning that Bitcoin will go through the bubble phase multiple times on its path to establishing itself as a separate asset class. Not only does everyone know how many bitcoins will exist 10 or even years from now, but this data is also transparent and verifiable. This inflation has historically been oscillating between 2 and 3 percent, and the entire global gold supply can fit within the confines of an Olympic Swimming Pool , thus making it a relatively scarce asset. After the event concludes, even if the event was positive, the price usually falls because there are no short-term price catalysts for speculators to look forward to. Georgi Georgiev May 23, Namely, the inelastic supply of 21 million bitcoin — a number set in digital stone, making it the hardest form of money that ever existed. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Bitcoin in half image via Shutterstock. Popular searches bitcoin , ethereum , bitcoin cash , litecoin , neo , ripple , coinbase.

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Adoption Ethereum Founder, Vitalik Buterin: Then again, in July , one year prior to the second halving, bitcoin also started a rally that ended the day of the halving after a percent price increase. The notion of a bubble comes from the traditional asset bubbles that can be observed throughout the history of mankind. CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Bogdan Solca - News Editor. Although some miners hold a portion of their mined coins, most sell the coins immediately at market price to cover electricity costs and to lock their profit. Latest News. I accept I decline. The fact that Bitcoin has a fully predictable issuance calendar is alien to any other existing asset class. Just as during the rallying phase, pressure can be observed on the way down when investors start selling in masses.

Bitcoin in plus minus bittrex solo mine ethereum claymore image via Shutterstock. Although some miners hold a portion of their mined coins, most sell the coins immediately at market price to cover electricity costs and to lock their profit. As certain price levels are reached, even more investors fall prey to the fear of missing out and buy into the speculated asset. Related Posts. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Cole How to get bitcoins off coinbase ripple wallet coinbase 1 hour ago. Author Jonathan Kim. But bitcoin's good year is getting even better. Will Dogecoin Trail Behind? Every bubble the cryptocurrency goes through is merely a step on its staircase. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Many miners are now selling their GPUs on ebay in order to mitigate losses. Adoption by some of the largest retails across the globe could also help create additional buzz and a use case for cryptocurrencies, and help bring valuable exposure to consumers. Gamers that were very frustrated with the shortage of mid-range GPUs from AMD and Nvidia a few weeks back can now rejoice and even find bargains on ebay.

Bubbles of the Past

As such the process of finding a price equilibrium will take place over time and in an erratic way. Coinstar is another great example of this of this daily exposure. Assigning a value to something that is difficult to grasp and with a short history leads to varying perceived valuations, which are often led by sentiment. Yusko MarkYusko May 10, All Rights Reserved. We use cookies to give you the best online experience. When Bitcoin exploded into the public eye in , the vast majority of the general public had never before heard of the cryptocurrency created by Satoshi Nakamoto. Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer. Bogdan Solca - News Editor. What do they both have in common? CryptoSlate does not endorse any project or asset that may be mentioned or linked to in this article. Popular searches bitcoin , ethereum , bitcoin cash , litecoin , neo , ripple , coinbase. So how did Bitcoin manage to rise so much and so fast in such a short timespan?

By using this website, you agree to our Terms and Conditions and Privacy Policy. In the relatively short history of Bitcoin, the journey has been a roller-coaster of investor sentiment. All Rights Reserved. Every bubble the cryptocurrency goes through bitcoin cloud mining pool btc cloud mining merely a step on its staircase. The narrative in late was that the launch of regulated bitcoin futures would open the gates to institutional investors and elevate bitcoin to unprecedented highs. All Rights Reserved. Esther Kim May 23, Popular searches bitcoinethereumbitcoin cashlitecoinneoripplecoinbase. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Please take that into consideration when evaluating the content within this article. CryptoSlate does not endorse any project news data bitcoin ransom bitcoin movie kid asset that may be mentioned or linked to in this article. None of the information you read on CryptoSlate should be taken cryptocurrency mining software for mac how to buy bitcoins from blockchain investment advice, nor does CryptoSlate endorse any project that may be mentioned mining pool swagger spec mining profitability bitcoin 2019 linked to in this article. Xiaomi targets M smartphone unit Bitcoin, Gold and Hard Money Gold is the oldest form of money in existence. For updates and exclusive offers enter your email. Namely, the inelastic supply of 21 million bitcoin — a number set in digital stone, making it the hardest form of money that ever existed. Our freedaily newsletter containing the top blockchain stories and crypto analysis. Is it a bubble that will go to zero? It might be a hard time for miners who are now trying to mitigate losses and sell their GPUs on ebay, but this could also be a boon for all the gamers who couldn't find mid-range GPUs a few weeks ago. We do not publish sponsored content, labeled or — worse yet — disingenuously unlabeled. Subscribe to CryptoSlate Researchan exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts.

Techspot Coindesk. The bitstamp processing time fee for sending bitcoin coinbase that Bitcoin has a fully predictable issuance calendar is alien to any other existing asset class. The narrative in late was that the launch of regulated bitcoin futures would open the gates to institutional investors and elevate bitcoin to unprecedented highs. Bitcoin, Gold and Hard Money Gold is the oldest form of money in existence. By agreeing you accept the use of cookies in accordance with our cookie policy. May 15th, by Tony Spilotro. We bitcoin wallet desktop both cash should i keep some litecoin cookies to give you the best online experience. While in its early stages, it seems the developing digital economy will continue to garner adoption and find its place in everyday usage. It might be a hard time for miners who are now trying to mitigate losses and sell their GPUs on ebay, but this could also be a boon for all the gamers who couldn't find mid-range GPUs a few weeks ago. This makes Bitcoin a completely unique as it does not behave like a traditional asset whose production depends on supply and demand.

About Advertising Disclaimers Contact. But bitcoin's good year is getting even better. I consent to my submitted data being collected and stored. May 22 21 hours ago. Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. As covered by Bitcoinist , the difficulty adjustment acts as a counterbalance to fluctuations in Bitcoin hash rate or computing power of the network that can with the spot price. This is the first account of such an event and analyzing it years later easily reveals the irrationality of market participants at the time. I like to keep myself up to date with all the new technologies that get released at an ever increasing rate these days. If you look at the bitcoin price chart , you will notice that these two years have one more thing in common. Neither is true. Jonathan Kim is a University of Washington student of Finance and cryptocurrency investor with a deep interest in the emerging industry of blockchain applications and cryptocurrency trading. But what if this time is different? Following a multi-month downtrend, Buterin took to Twitter to share his outlook on the current cryptocurrency market conditions. May 15th, by Tony Spilotro. It is these outdated tools that prevented the likes of Buffet from missing out on one of the best investment opportunities in history. In the relatively short history of Bitcoin, the journey has been a roller-coaster of investor sentiment. Load More. A beautiful example of this phenomena was the launch of bitcoin futures by the CME Group.

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Share Tweet Share. Major financial markets are tumbling on escalating trade tensions. I consent to my submitted data being collected and stored. The surge has caused the market to once again speculate and dream of what riches the next bull run will bring. Ammous notes that the difference between Bitcoin and traditional money is that the latter is linear, resulting in boom and bust cycles. Have an opinionated take on ? Crypto market analysis and insight to give you an informational edge Subscribe to CryptoSlate Research , an exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts. Reality is always somewhere in the middle, more correlated with real usage transactions per day than the price. The evolution of Bitcoin as an asset is quite remarkable since there is none other to relate it to. We'll get back to you as soon as possible. The brutal algorithmic deflationary model of bitcoin, coupled with its other advantages over gold, will start turning it into an interesting asset for large institutions and eventually central banks. The socio-psychological factors cannot be fully eliminated from markets — meaning that Bitcoin will go through the bubble phase multiple times on its path to establishing itself as a separate asset class. Samsung launches full Bixby Voice c All Rights Reserved.

Making Bitcoin even more valuable during the economic turmoil, is its value as an uncorrelated asset. The evolution of Bitcoin as an asset is quite remarkable since there is none other to relate it to. Not even cryptocurrency or financial experts are able to ascertain a well-defined valuation method to Bitcoin Thus far. Subscribe Here! An economic bubble generally occurs when investors have increased expectations regarding a specific asset. The Rundown. His past experiences involve publishing original daily content for blockchain startups and trading cryptocurrencies using technical analysis principles. Related Posts. The disruptive power of this monetary policy will start getting priced-in inand when it does, you want to be. However, as we know now, the launch of the CME bitcoin futures cpu miner for zencash understanding how bitcoin works December 17, marked the exact top of bitcoin diam scrypt recovery bitcoin lost key bitcoin bubble. Bitcoin, Gold and Hard Money Gold is the oldest form of money in existence. Gamers that were very frustrated with the shortage of mid-range GPUs from AMD and Nvidia a few weeks back can now rejoice and how do i transfer paypay to bitcoin how much can 4 dollars get in bitcoins find bargains on ebay. I consent to my submitted data being collected and stored. Buying and trading cryptocurrencies should be considered a high-risk activity.

Bitcoin, Gold and Hard Money

Since its peak in December , the recent cryptocurrency bear market has taken retail investor and public attention away from the burgeoning blockchain industry. This makes it the most predictable asset that ever existed. Then again, in July , one year prior to the second halving, bitcoin also started a rally that ended the day of the halving after a percent price increase. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Rick D. So many miners jumped on the hype train and thus began the GPU shortage that is still happening to this day. Emilio Janus May 23, Taking this into consideration, investors start speculating on its future value driving prices higher. BeInCrypto believes readers deserve transparency and genuine reporting. The 20 year-old so-called Bitcoin Subscribe to CryptoSlate Research , an exclusive, premium newsletter that delivers long-form, thoroughly-researched analysis from cryptocurrency and blockchain experts.

About Advertising Disclaimers Contact. Making Bitcoin even more valuable during the economic turmoil, is its value as an uncorrelated asset. Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. Christian Gundiuc Having previously experienced the intricacies of the business world in a real estate development company, I switched to learning the intricacies of the decentralized digital world. Bitcoin and the entire crypto markets have faced increased selling pressure today after Tell us your thoughts in the comments below! This makes it the most predictable asset that ever existed. Bitcoin Bitcoin Futures: Just like that, Ethereum miners saw their daily incomes shrinking more and. Neither is true. Samsung launches full Bixby Voice c Author Jonathan Kim. Adoption by some of the largest retails across the globe could also help create additional buzz and a use case for cryptocurrencies, and help bring valuable ethereum movie venture where can you exchange bitcoin for dollars to consumers. All Rights Reserved. Adoption Ethereum Founder, Vitalik Buterin: Next Article: Panic Buy the Bitcoin cash gains support bip 8 bitcoin Miners are currently earning Popular searches bitcoinethereumbitcoin cashlitecoinneoripplecoinbase. Ethereum founder Vitalik Buterin is undoubtedly an industry leader and blockchain pioneer.

Buterin: ‘We’re at the Tail End of a Crypto Bubble’

As covered by Bitcoinist , the difficulty adjustment acts as a counterbalance to fluctuations in Bitcoin hash rate or computing power of the network that can with the spot price. Privacy Center Cookie Policy. We use cookies to give you the best online experience. However, there is a certain threshold when demand starts drying up and prices cannot indefinitely push to higher levels. The bitcoin price increased significantly the year leading up to the halving. Adoption by some of the largest retails across the globe could also help create additional buzz and a use case for cryptocurrencies, and help bring valuable exposure to consumers. Bitcoin Crypto 3 mins. Bitcoin and the entire crypto markets have faced increased selling pressure today after Esther Kim May 23, Taking this into consideration, investors start speculating on its future value driving prices higher. We use cookies to give you the best online experience. Due to the inefficiency of cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Follow Us. Basic Attention Token Aiming for a Breakout. Xiaomi targets M smartphone unit

However, as we know now, the launch of the CME bitcoin futures on December 17, marked the exact top of the bitcoin bubble. Formally, an asset bubble is a sharp increase followed by an abrupt fall in price. Next Article: Privacy Center Cookie Policy. Beginner Intermediate Expert. What is your long-term prediction for Bitcoin? These type of market unicorn coin cryptocurrency is cryptocurrency legal washington post can be observed all throughout history with different asset types going through bubble cycles, including real estate, debt obligations, public stock companies, and national currencies. Due to the inefficiency litecoin retailers how many confirmations for ethereum transfer cryptocurrency markets, this effect can be observed even stronger in bitcoin and cryptocurrency prices. Historically, the halving starts getting priced in approximately one year before it happens, which would result in bitcoin bottoming out in early followed by a rally starting in May Sign up to stay informed. The Rundown. Bitcoin and the entire crypto markets have faced increased selling pressure today after Ammous notes: A particular event, like for example a hyped press conference by a dash cloud mining not worth easy cloud mining company, gives speculators a date to speculate on, often pushing up prices leading up to the event.