Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 14666. (Read 26607976 times)

@ V8,
Actually i ordered a Monarch, which they did not deliver, but at the end i received my money back. So all good in the end.

I love bottoms btw, and bought into it

Where is the train on the picture?

dont jump the gun

Yes 6200 and no lower now

^+1 WOmerit to kurious

6k potential bottom?
time to catch the train?

If quantitive easing (QE, or 'money printing') is over, then free money is not being flung out to all and sundry (with nowhere to invest it, since interest rates have been so low) as it has been since 2008.  Now things have been picking up, so inflation will come, and interest rates will accordingly rise.

Plus there is some doubt that Trump's tax giveaway is well-timed (at the end of a recession when things are hotting up and tax revenues should be paying back for 'the bad years').   If the tax break isn't right for now, and it means less revenue and more borrowing for the US gov't, then Gilts (government borrowing) will increase in rates because the USG needs to borrow more.

So rates go up and up, and suddenly gov't bonds are a better deal.  So more money can stay safe in bonds - PLUS companies can't borrow to invest as cheaply, so make less profits.  Perfect storm if it pans out and the US stock markets know it.

So shares are less of a good deal anymore and money doesn't need to look for new assets - if it's just easier to get higher returns from (safe) interest elsewhere via bonds and lending.

Why gold isn't rising is not clear - because more inflation means 'safe havens' should be picking up, but that may take time.  Maybe paper gold is not what people want (which is what most of the gold market actually is).

Markets recovering...Honey Badger on the prowl. FH launch in 30 minutes...coincidence?  I think not.

aaaarg. i have one. but it was a very early one, ordered very early on the 1st day so mine shipped way ahead of most, so it actually made some fiat profit. lost in btc mined though. had one of their fpgas and that one actually made fiat and btc. the rare good bfl experience in an otherwise bleak landscape of scammed customers. yeah bfl was as deceitful and crooked as they came.

imagine if bfl had survived. you think bitmain is bad.. man, nightmare city.

Choo choo

oh sorry. i see you are quite an old member and must have had rough times with them.
i was young then didn't even read the forum and it was a machine that printed money omg - my first baby. i did not know about the 'ndrangheta connection...
2 of my eventual 3 still work.

We are off to the races

choo choo

Jalapeno, owwww, you brought up bad memories..... Butterflylabs  

not
https://canaan.io/product/avalonminer-821/

those Avalon 821s ... do you need the separate controller for a single unit or no?

hasn't worked in months.

like your sheet thanks. some good memories with those old bricks. jalapeno ftw. 1% diff lol

FTFY    

I meant arguing whether the price went under 6K - but I can happily agree about Finex.   I only go in occasionally for something that is impossible to do elsewhere, and only for as short a time as possible. 

I am based in the EU, so Stamp - which paid back when it was hacked, and generally doesn't fall down - suits me.

Not sure.

But it is troubling that some "safe haven" assets (like PMs) that in the past were considered inversely correlated with equities haven't caught the bid people would normally expect. It makes me believe that these assets are also over leveraged/inflated and tightly controlled by the Fed and CBs. It's like they don't want money to be able to run anywhere but where they want it to go (or stay). No free market.

The "everything bubble"?

Note that old hardware may be  turned off to make way for new hardware going online in march.

https://i.imgur.com/v4xu4s1.png - OLD DIFFICULTY from December 6th 2017

New from January 26 2018.
https://i.imgur.com/2oBJ4ZD.png