[BTC] - Upcoming Bitcoin Difficulty Adjustment (BTC Jan 13th, 02:05 - 1 day, 8 hours (292 blk) +18.29%)

in #btc7 years ago

HI all, Crypto Sludge here.

With the upcoming difficulty adjustment for BTC in about 34 hours, i had a gut feeling for a while that every BTC re-target we are seeing a major mempool spam and slower then usual block times, we are also seeing a pump of BCH and more and more FUD about how BTC is dead/broken/not working/hi-jacked/not satoshi's vision - just make your pick.

Someone asked me today, if i am so sure about it, why not prove it. So i put everything on two graphs.

Bellow are some graphs of BCH/BTC and BCH/USD with bitcoins difficulty % adjustments, and i want to know if i am the only one seeing the correlation between BCH pumping, and BTC re-targets?!

i took the BTC retarget history from here : https://mining-profit.com/bitcoin-difficulty-history

BCH/BTC

BCH/USD

Let me know what you think!

Crypto Sludge