Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15015. (Read 26714906 times)
January 18, 2018, 08:15:25 AM
aok yes if you have to buy new rigs
January 18, 2018, 08:02:28 AM
if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair
If that were true then hashrate would be skyrocketing right now.
His not a million miles away, since the dilution of the hash-rate thanks to BCH and other chain forks (SHA256) mining has become a lot more profitable. That will balance out over time though. The hash rate has doubled since the BCH fork, even taking into account the miners that switched.
Miners are taking up the slack, but memories of unprofitable mining in 2014 - 2016 means that many are cautious of reinvesting in a ton of mining equipment.
Id say given the predicted future hashrate increase the cost of elec, and equipment. Id estimate if starting from scratch now about 9k to make a bitcoin at current prices.
January 18, 2018, 07:58:07 AM
anybody got this "report"? https://info.elliptic.co/whitepaper-fdd-bitcoin-laundering
I only read this:
Quote
Bitcoin, the world’s first cryptocurrency [...] has gone mainstream.
So it begins
January 18, 2018, 07:46:42 AM
anybody got this report? https://info.elliptic.co/whitepaper-fdd-bitcoin-laundering
edit: more https://coincenter.org/link/a-new-study-finds-less-than-1-of-bitcoin-transactions-to-exchanges-are-illicit
editedit: https://bitcoinmagazine.com/articles/bitcoin-laundering-study-where-do-criminals-turn-mask-illicit-cryptoassets/
https://cdn2.hubspot.net/hubfs/3883533/downloads/Bitcoin%20Laundering.pdf
edit: more https://coincenter.org/link/a-new-study-finds-less-than-1-of-bitcoin-transactions-to-exchanges-are-illicit
editedit: https://bitcoinmagazine.com/articles/bitcoin-laundering-study-where-do-criminals-turn-mask-illicit-cryptoassets/
https://cdn2.hubspot.net/hubfs/3883533/downloads/Bitcoin%20Laundering.pdf
January 18, 2018, 07:40:51 AM
if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair
If that were true then hashrate would be skyrocketing right now.
January 18, 2018, 07:39:33 AM
middlemen
metals as being a hedge
permissioned ledger or tyranny by default.
Now this is like Roach, but atypically missing any mention of evil Jews.metals as being a hedge
permissioned ledger or tyranny by default.
Until some nerd gets into your PC, laptop, mobile and steals your private key, and what than? You are so hardly fucked with your "StoRe of Valu" because all your wealth gone. And what you will do? Go to police? They will tell you same "Gtfo to where you came from"
In proper bank in proper countries you will get your money back and investigation will trigger.
Or even better, when govs decide to block any Crypto activity. That is going to become a fork war of the decade!
Or fuck yourself, if Bitcoin would not be tied to USD and liquidity would not be tied to Banks in one or other way, you would be buying your fucking pizza for 10,000BTC, so fuck off you boy.
I think I'm only ignoring a couple noisy noobs at the moment. You're getting close to first in line among seasoned users. Go on punk, make my day. But let's do it later, shall we? Your coffee break is over, likely you'd better get back to work at your bank desk. In proper bank in proper countries you will get your money back and investigation will trigger.
Or even better, when govs decide to block any Crypto activity. That is going to become a fork war of the decade!
Or fuck yourself, if Bitcoin would not be tied to USD and liquidity would not be tied to Banks in one or other way, you would be buying your fucking pizza for 10,000BTC, so fuck off you boy.
January 18, 2018, 07:39:16 AM
turns out the Mayor has been at it for a very long time 
"hodl"
Thomas Lee in Irish dress by Marcus Gheeraerts the Younger, 1594
"hodl"
Thomas Lee in Irish dress by Marcus Gheeraerts the Younger, 1594
January 18, 2018, 07:37:20 AM
if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair
If that were true then hashrate would be skyrocketing right now.
January 18, 2018, 07:31:19 AM
12000 is a good start...
Now can we try 13000?
Now can we try 13000?
January 18, 2018, 07:29:30 AM
Wow went down to 9200
Look at the bright side, it is still
over 9000!!!!
LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.
What a pathetic community
Going by your post; you can say shit and you attempt to provoke people, you have the exact qualifications to work for CNN.
January 18, 2018, 07:28:10 AM
This. You're not really meant to have money that you need for bills in any class of assets in the first place. So having to withdraw is, in most cases, just a result of poor investment decisions. There are very few exceptions which are so extraordinarily rare that they won't even apply to the vast majority of people who "had to withdraw money" unless they fucked up and put in way too much to begin with. Like that guy on Twitter who took out a mortgage on his house during the Bitcoin peak and put it all in even though he has a family and kids.
In this case, Searing (and myself for different reasons) earns coins by doing work (mining for him, fixing for me). This incurs certain expenses (taxes, power, parts, shipping, etc) which must be paid for at regular intervals. So you sell coins you make at those intervals to pay the bills.
A portion of my earnings goes into a long term savings/investing account, but a portion always goes into op ex, some to cap ex, and some to taxes/fees.
Anything else is what we call "timing the market" or "gambling" which is not the primary purpose of the business.
C
January 18, 2018, 07:27:41 AM
LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.
What a pathetic community
Is this roach?What a pathetic community
January 18, 2018, 07:20:24 AM
Wow went down to 9200
Look at the bright side, it is still
over 9000!!!!
LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.
What a pathetic community
January 18, 2018, 06:59:18 AM
We're weak ass ratt hands! Don't sugarcoat our failure.
Nice to see that phrase is taking off. I am a huge supporter, too! January 18, 2018, 06:50:41 AM
Mining has no effect on prices. It is prices that affect mining and the mining hardware needs to catch up to the price.
January 18, 2018, 06:49:01 AM
If Bitcoin has returned to fair market value for now, then so be it.
if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair January 18, 2018, 06:26:36 AM
https://medium.com/radarrelay/ledger-integration-update-994ce2c5ac93
trade shitcoins within and between hardware wallets
trade shitcoins within and between hardware wallets
January 18, 2018, 06:24:42 AM
[...]
btw. inb4 bounce to 11.5 k
so far i made a lot of $.
let us see what the charts say next - tbh im still rather bearish shortterm.
January 18, 2018, 06:23:08 AM
If Bitcoin has returned to fair market value for now, then so be it.
January 18, 2018, 06:09:28 AM
Woah, look at all that green! Went to sleep for a couple of hours and BTC is back in the saddle and all but 2 coins in the top 100 are in the green.
Congrats to everyone that bought the dip and shame on every weak hand that thought the sky was falling. If you sold at the bottom you will likely do it again.
Congrats to everyone that bought the dip and shame on every weak hand that thought the sky was falling. If you sold at the bottom you will likely do it again.
hey...I resemble that remark! (panic sold like wimp....it was LTC to pay the tax man etc...but still ..wimp)
Then again I retired on Monday ..when things went to hell...so it is my fault for the crypto crash...so sold at the low (LTC) to restore proper Karma
you are welcome!
No insult intended. Sometimes you gotta pay the bills when timing couldn't be worse - at the low. Knowing full well you just paid twice as much as was needed.
Thank you for your offering to the crypto gods. (Is there a name for it? Maybe honeybadger?). It has been received.
We're weak ass ratt hands! Don't sugarcoat our failure.
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