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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 11556. (Read 26586111 times)

legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
Time to wrap it up here, folks.

Bitcoin is turning out just like the internet.

When the bubble popped, everyone just stopped using it.

i went to bitcoinland and all i got was this stupid hat !  Cool  weeee

Yeah, cause i’m not owning any actual BTC’s Roll Eyes
50$ drop and wouldn’t we know it a Weeee re-entry

$3000 close and 3k is just a fluffy $25OO  Wink  weeeee

$3400 is nowhere close to $3000 let alone $2500
That's because Gembitz is an idiot, ignore him.

He's not an idiot he's a dickhead. It's a huge difference.
legendary
Activity: 3892
Merit: 4331

If you are writing some pie in the sky long term predictions while pointing to short term annihilation of the asset that already experienced above 80% decline, than you are:

1. SM club subscriber.
2. Too "smart" for your own good.
3. Want to push asset down to load since you don't have ANY of it.
4. You are named Tone or Murad.

What is the correct answer?
legendary
Activity: 938
Merit: 2540
<>
^^
Yes, there are some +/- $ 2,000
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
It is a study of the cost of electricity in each country to extract 1 BTC.

The date is 2018, surely the antiminer have improved consumption, but it's still interesting to see the cost per country.

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

The Myanmar miners are loving it! Everyone else not so much
Huh! Did you see Venezuela LOL
It's all green there! I am packing up to move there 😜

Quote
Venezuela came in as the cheapest nation at $531. Their electricity rates are heavily subsidized by the government, leading to incredibly low prices. Trinidad and Tobago, Uzbekistan, Ukraine, and Myanmar round out the rest of the five least expensive nations.
legendary
Activity: 3766
Merit: 5380
It is a study of the cost of electricity in each country to extract 1 BTC.

The date is 2018, surely the antiminer have improved consumption, but it's still interesting to see the cost per country.

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

The Myanmar miners are loving it! Everyone else not so much
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
That was a fun little dip.

Now a Fun little long UP trip!
sr. member
Activity: 728
Merit: 317
Crypto Casino & Sportsbook
I looked at this, interesting information, thanks for sharing! I have long had suspicions that Binance and Tron have the same owners - masters of speculation.
legendary
Activity: 938
Merit: 2540
<>


It is a study of the cost of electricity in each country to extract 1 BTC.

The date is 2018, surely the antiminer have improved consumption, but it's still interesting to see the cost per country.

https://www.elitefixtures.com/blog/post/2683/bitcoin-mining-costs-by-country/

legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
That was a fun little dip.
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Angel Investors, accredited investors with billions of dollars. Average joes get is when the price is ATH LOL

If Average Joe is lucky he might get a 2X or 3X of a high risk Tech stock after 10-15 years. So best case his initial investment of $5K might go to $15K.

Meanwhile the Angel Investor's shares worth $500M (that he got with an initial seed funding of $50K) just went to $1.5B.

LOL
LOL yeah it's like buy bitcoins when the price is $19k+ then wait until now and then for the next halving 😜
legendary
Activity: 3766
Merit: 5380
Angel Investors, accredited investors with billions of dollars. Average joes get is when the price is ATH LOL

If Average Joe is lucky he might get a 2X or 3X of a high risk Tech stock after 10-15 years. So best case his initial investment of $5K might go to $15K.

Meanwhile the Angel Investor's shares of that same Tech stock worth $500M (that he got with an initial seed funding of $50K) just went to $1.5B.

LOL
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Not only is this not going away, but it provides the most asymmetric return on almost any bet that a company can make right now.

And most Average Joes have no idea why that is, because they are completely ignorant to how traditional market IPOs are structured. They never wonder why a Facebook doesn't begin life trading on the NASDAQ at $0.01/share instead of $20/share.

Q: Why does a company like Facebook not do a 10,000X, 1000X or even a 100X this many years after launch? And the early investing public gets to benefit from such a move in the price?

Because the 10,000X in Facebook stock already happened pre-IPO. It was stolen away from the Average Joe public by the founders, initial *wealthy* investors, wealthy hedge fund managers and investor banks. These are all people who had nothing to lose and everything to gain because they were already wealthy. They end up with 99.99999999% of the shares before public trading launch. What ends up trading on the public market float is a pitiful, minuscule amount compared to the sum total...a drop in the bucket.

THIS is why the wealthy are getting wealthier while the average and poor get poorer. They (Average Joe) are being shut out from being able to invest in early rounds of Tech companies and being able to benefit/profit by owning massive amounts of shares pre-IPO for little investment, like the rich can.



Nicely Said
And very accurate .... good, all where able of buying BTC on the early and still are able of buying BTC on the early
It couldn’t be more fair as with BTC.... Maybe computer guy’s Had a bit of a BIG advantage cause I didn’t heard a word of it, just been lucky my friend (computer expert Guy) introduced me to it.... Roll Eyes
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
Not only is this not going away, but it provides the most asymmetric return on almost any bet that a company can make right now.

And most Average Joes have no idea why that is, because they are completely ignorant to how traditional market IPOs are structured. They never wonder why a Facebook doesn't begin life trading on the NASDAQ at $0.01/share instead of $20/share.

Q: Why does a company like Facebook not do a 10,000X, 1000X or even a 100X this many years after launch? And the early investing public gets to benefit from such a move in the price?

Because the 10,000X in Facebook stock already happened pre-IPO. It was stolen away from the Average Joe public by the founders, initial *wealthy* investors, wealthy hedge fund manager and investor banks. These are all people who had nothing to lose and everything to gain because they were already wealthy. They end up with 99.99999999% of the shares before public trading launch. What ends up trading on the public market float is a pitiful, minuscule amount compared to the sum total, a drop in the bucket.

THIS is why the wealthy are getting wealthier while the average and poor get poorer. They (Average Joe) are being shut out from being able to invest in early rounds of Tech companies and being able to benefit/profit by owning massive amounts of shares pre-IPO for little investment, like the rich can.


Angel Investors, accredited investors with billions of dollars. Average joes get is when the price is ATH LOL
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3766
Merit: 5380
Not only is this not going away, but it provides the most asymmetric return on almost any bet that a company can make right now.

And most Average Joes have no idea why that is, because they are completely ignorant to how traditional market IPOs are structured. They never wonder why a Facebook doesn't begin life trading on the NASDAQ at $0.01/share instead of $20/share.

Q: Why does a company like Facebook not do a 10,000X, 1000X or even a 100X this many years after launch? And the early investing public gets to benefit from such a move in the price?

A: Because the 10,000X in Facebook stock already happened pre-IPO. It was stolen away from the Average Joe public by the founders, initial *wealthy* investors, wealthy hedge fund managers and investor banks. These are all people who had nothing to lose and everything to gain because they were already wealthy. They end up with 99.99999999% of the shares before public trading launch. It is the equivalent of a massive pre-mine. What ends up trading on the public market float is a pitiful, minuscule amount compared to the sum total...a drop in the bucket.

THIS is why the wealthy are getting wealthier while the average and poor get poorer. They (Average Joe) are being shut out from being able to invest in early rounds of Tech companies and being able to benefit/profit by owning massive amounts of shares pre-IPO for little investment, like the rich can.

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
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