Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15752.

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

Quote from: Imbatman on November 27, 2017, 03:04:42 PM

We know that Bitcoin will be featured on this week's episode of The Big Bang Theory, but how many of you watch Showtime's Shameless?

Fiona just rented an apartment to a tech guy that moved in a bunch of equipment, and he alluded to the fact that the primary reason he rented it was because utilities were included. I've got .01 BTC that says we will later learn that he is mining with a bunch of rigs and is going to cause Fiona's electric bill to go through the roof.

Any takers?

Proof of Stake coins?

jbreher

legendary

Activity: 3080

Merit: 1688

lose: unfind ... loose: untight

Just the thing needed to send r0ach into additional fits of apoplectic frenzy: https://bitcoen.io/

Aqualung89

hero member

Activity: 1680

Merit: 529

I think for 2018, Bitcoin Shan will go bomb like everything is showing him a new record.

rolling

hero member

Activity: 824

Merit: 712

Quote from: Torque on November 27, 2017, 03:34:58 PM

Quote from: Ibian on November 27, 2017, 03:29:27 PM

Quote from: RayX12 on November 27, 2017, 03:23:13 PM

Can someone check these numbers?

"The study states that in October alone, Bitcoin mining-related electricity consumption is estimated to have increased by 29.98 percent, and if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

https://www.dailysabah.com/finance/2017/11/27/electricity-used-in-bitcoin-mining-surpasses-power-consumption-of-159-countries

You don't even need to check anything with sensationalist claims like that. Shit article by a shit author.

Light Pollution in the U.S. alone: 120 terawatt-hours/year

Bitcoin Network: 29.05 terrawatt-hours/year (Confirmation? Some articles cite 11 Twh/yr ?)

CERN Hadron Collider: 1.3 terrawatt-hours/year

Yeah, let's get the global light pollution levels solved first before we start considering Bitcoin energy consumption a problem...

Assuming a network at 10 Exahash/10,000 Petahash/10 Million Terahash/10 Billion GH/s and an average miner efficiency of .3 Watts per GH then I come up with 26.28 terrawatt-hours/year. That is about the efficiency of an Antminer S7 but the majority of miners are probably S9s or equivalent so that seems really high. .2 Watts per GH/s would still be high but closer to reality considering other power costs such as cooling. That would bring us down to 17.52 terrawatt-hours/year.

10,000,000,000 GH/s X .2 Watts/GH/s X 24hours X 365days = 17,520,000,000 KW/h or 17,520,000 MW/h or 17.52 TW/h

It's all based on your assumptions and of course the article didn't say what assumptions it used.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: savetherainforest on November 27, 2017, 03:32:03 PM

Quote from: Coinnosaurus on November 27, 2017, 11:09:41 AM

Quote from: ?? on ??

Quote from: TERA2 on November 27, 2017, 10:21:17 AM

If you still hold BCH...

Would rather keep my dignity intact, TBH.

EDIT: LOL @

why i'm not surprised))
https://www.youtube.com/watch?v=OJT2CbfHTpo&feature=youtu.be&t=41m14s

HA! ... LOL! ... ROFL!...

I still have mine... I'm too lazy to split my cold storage. But I'm thinking to trade on it when the dust settles and it becomes predictable, just for fun.

But the man seems like a nerdy prick that is very shallow and with low experience at playing life, ethics and wisdom. I would compare him to some Paris Hilton kind of gall / figure. Cheesy

A plastic mindless dummy.

Bcash is really getting under his skin .. Ahole coin seems more appropriate :-D LOLLL

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: Ibian on November 27, 2017, 03:29:27 PM

Quote from: RayX12 on November 27, 2017, 03:23:13 PM

Can someone check these numbers?

"The study states that in October alone, Bitcoin mining-related electricity consumption is estimated to have increased by 29.98 percent, and if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

https://www.dailysabah.com/finance/2017/11/27/electricity-used-in-bitcoin-mining-surpasses-power-consumption-of-159-countries

You don't even need to check anything with sensationalist claims like that. Shit article by a shit author.

Light Pollution in the U.S. alone: 120 terawatt-hours/year

Bitcoin Network: 29.05 terrawatt-hours/year (Confirmation? Some articles cite 11 Twh/yr ?)

CERN Hadron Collider: 1.3 terrawatt-hours/year

Yeah, let's get the global light pollution levels solved first before we start considering Bitcoin energy consumption a problem...

vroom

legendary

Activity: 1303

Merit: 1681

a Cray can run an endless loop in under 4 hours

Quote from: RayX12 on November 27, 2017, 03:23:13 PM

Can someone check these numbers?

"The study states that in October alone, Bitcoin mining-related electricity consumption is estimated to have increased by 29.98 percent, and if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

https://www.dailysabah.com/finance/2017/11/27/electricity-used-in-bitcoin-mining-surpasses-power-consumption-of-159-countries

if you don't have enough bitcoin by 2020 you are screwed. You will not be able to pay the high electricity cost for your apartment.

savetherainforest

hero member

Activity: 1876

Merit: 612

Plant 1xTree for each Satoshi earned!

Quote from: Coinnosaurus on November 27, 2017, 11:09:41 AM

Quote from: ?? on ??

Quote from: TERA2 on November 27, 2017, 10:21:17 AM

If you still hold BCH...

Would rather keep my dignity intact, TBH.

EDIT: LOL @

why i'm not surprised))
https://www.youtube.com/watch?v=OJT2CbfHTpo&feature=youtu.be&t=41m14s

HA! ... LOL! ... ROFL!...

I still have mine... I'm too lazy to split my cold storage. But I'm thinking to trade on it when the dust settles and it becomes predictable, just for fun.

But the man seems like a nerdy prick that is very shallow and with low experience at playing life, ethics and wisdom. I would compare him to some Paris Hilton kind of gall / figure. Cheesy

A plastic mindless dummy.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: RayX12 on November 27, 2017, 03:23:13 PM

if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

Sounds like this has just been summoned once again.

AlcoHoDL

legendary

Activity: 2590

Merit: 4839

Addicted to HoDLing!

BTL:
THE LAMBOMAKER

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: RayX12 on November 27, 2017, 03:23:13 PM

Can someone check these numbers?

"The study states that in October alone, Bitcoin mining-related electricity consumption is estimated to have increased by 29.98 percent, and if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

https://www.dailysabah.com/finance/2017/11/27/electricity-used-in-bitcoin-mining-surpasses-power-consumption-of-159-countries

You don't even need to check anything with sensationalist claims like that. Shit article by a shit author.

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: HairyMaclairy on November 27, 2017, 03:19:54 PM

I vote for the next fork to be called Bitcoin Cash Dash

Scamtastic! Launch it, they will come. Probably.

RayX12

hero member

Activity: 952

Merit: 552

Can someone check these numbers?

"The study states that in October alone, Bitcoin mining-related electricity consumption is estimated to have increased by 29.98 percent, and if it keeps increasing at this rate, Bitcoin mining will consume all the world's electricity by Feb. 2020." Shocked

https://www.dailysabah.com/finance/2017/11/27/electricity-used-in-bitcoin-mining-surpasses-power-consumption-of-159-countries

HairyMaclairy

legendary

Activity: 1442

Merit: 2282

Degenerate bull hatter & Bitcoin monotheist

I vote for the next fork to be called Bitcoin Cash Dash

yefi

legendary

Activity: 2842

Merit: 1511

Quote from: gentlemand on November 27, 2017, 02:42:19 PM

Coins without blockchains that even work in the slightest have pumped in the past. Fibrecoin on Poloniex is an example.

The price is high already for a shitcoin really. I'm thinking the chart will look more like Byteball's - huge price to begin with due to limited knowledge and hassle of claiming coins, then a huge dump.

Could be wrong, but that's my gamble.

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: vroom on November 27, 2017, 08:51:38 AM

Jan 28, 2018 - B2X reattempt by the community (#B2X)

Are you fuking kidding me??

Core already said that a 2X bump was possible sometime mid 2018 with proper testing. So at what point do we all agree that these forks are contentious and evil, and the people behind them should be dragged to the square and publicly stoned?

They should at least be humiliated and shunned by all of the Bitcoin community. Given no quarter.

You reap what you sow.

Imbatman

member

Activity: 85

Merit: 13

We know that Bitcoin will be featured on this week's episode of The Big Bang Theory, but how many of you watch Showtime's Shameless?

Fiona just rented an apartment to a tech guy that moved in a bunch of equipment, and he alluded to the fact that the primary reason he rented it was because utilities were included. I've got .01 BTC that says we will later learn that he is mining with a bunch of rigs and is going to cause Fiona's electric bill to go through the roof.

Any takers?

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: 600watt on November 27, 2017, 01:16:16 PM

Quote from: itod on November 27, 2017, 01:03:44 PM

Quote from: conspirosphere.tk on November 27, 2017, 01:02:21 PM

Quote from: bitcoinPsycho on November 27, 2017, 12:42:30 PM

Quote from: itod on November 27, 2017, 12:41:52 PM

Quote from: vroom on November 27, 2017, 08:51:38 AM

I found more upcoming forks. here is a list of coming forks I know of:

Nov 25, 2017 - Bitcoin Diamond (#BTD)
Dec 17, 2017 - Super Bitcoin (#SBTC)
Jan 2, 2018 - Bitcoin Cash Plus (#BCP)
Jan 28, 2018 - B2X reattempt by the community (#B2X)

I like Bitcoin Cash Plus Grin

C'mon folks, aim high - let's fork "Bitcoin Cash Gold"! Satoshi Vision! Who's with me to fork it and pump it above the that ShitCash?

I'm in

For something different I would try Bitcoin Tethers: supposedly full-reserve non-redeemable bitcoin as-ifs pegged 1:1.

How come nobody thought of that!

i will buy some mining rig (oh wait, there is still my BFL order that was supposed to be shipped in two weeks^TM) and then I will fork BTL.
no, BTL stands for BITCOIN LAMBO. and hell, yeah I will peg it to one lambo per coin. of course it will be not an old fashioned proof-of-work but proof-of-speed coin.

does the lambo have a liquid cooled asic under the hood? :-D weee

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: Moria843 on November 27, 2017, 11:13:41 AM

Next Big Bang episode about BTC should push it well above $10k from all the attention. Good time to sell.

https://www.youtube.com/watch?time_continue=12&v=tr3KLCDAlnU

Yes, it good time to sell but I don't think the price per bitcoin will push it above $10,000 this week because the price seems to be up and down around the $9500-$9700 price range for hours.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: yefi on November 27, 2017, 02:32:19 PM

I dunno, I dumped it. Dev team can't even secure their Github.

Perhaps with everyone waiting for a pump, there simply won't be one this time?

Coins without blockchains that even work in the slightest have pumped in the past. Fibrecoin on Poloniex is an example.

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