Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16483. (Read 26720697 times)

Sometimes when i take a step back and looks at things, it feels totally insane to buy an internet token over 4000 dollars 

Why Bitmain? Maybe Japan starts testing the new 7nm chips?

I don't these news can really harm BTC that much. Remember Chinese exchanges have been ordered to stop withdraw during almost 4 months. And what happened?

So I'm surprised this time these news from non-official sources can cause such a dump...

Was expecting a bit of FUD at this level from some larger financial institutions - BTC is starting to pose a minor risk to fiat, I'm sure as it grows further there will be other interventions from even larger players, especially those involved in QE

I'm sure a lot of the guys on here are trying to force weak hands to sell their hard earned BTC

Nice to accumulate a bit more - its been a good day of trading so far...

Bitmain seeing the light?

Difficulty is increasing

wtf!

My bitcoins are only worth 2% more what they were 1 month ago.

Let's hope that 3800's will hold.

Yep, but non-metal as well

I'm not 100% sure on the english definition but the greek root (we call them OPYKTA, pronounced as o-ree-ktah) definitely includes both, so the word itself also includes stuff like sulfur, coal, etc.

Coal is very big in N.Korea... yet total bitcoin mining, if calculated at 4k $ per BTC x 14 BTC per block (including fees) x 144 blocks per day x 365 blocks per year, is just 2.94 billion usd per year. If N. Korea had, say, even 10% of the global btc mining power, that's peanuts (=294 million usd) compared to their mineral wealth that is well into the trillion-dollar range, and doesn't require buying ASIC hardware from foreigners. It's stuff that they can get out of the ground with low-tech means. It's all bullshit stories and fake news floating around.

What About we all buy a few btc stash right now.... and whatch champions league football

No, pet rocks. Probably a fad too according to a certain bank CEO.

From what I have seen, it seems as though the skyward shots are directly preceded by two or more weekly red candles.  I think it's time to strap in again. HODLn'!

edit: sorry...cant attach an image since I'm on an old tablet with bad memory (both of ours)

You mean metal precursors?  

Maybe the corrupt bitch has a book to promote.

as i told you all yesterday:  american * diots will do dawn your BTC   .. congres neocons .   ZH was told it.. long time ago

iam not funny too.. bleeding on eth ..badly  

are you on drugs or something?
or just dumb?

A very late good morning Bitcoinland.

I missed this morning's bottom but I did catch last night's dip. Now it's back up a little... currently $3885USD/$4740CAD (Bitcoinaverage). AltcoinCash is also continuing to fall, albeit a bit slower... currently $505USD/$616CAD (Coinmarketcap).

I'll wait with my remaining bit of spare cash to see if it bounces back up after hitting everyone's favorite Fib, or if it continues down a little more.

The FUD storm has been impressive these last few days. We all know they love to jump on any correction or other dip to pull out their best FUD to try to fuel a panic.

First it was the PBoC protecting their citizens against IPO scams, as if that had anything to do with Bitcoin. Then it was a single unsubstantiated report from a "source" that China was shutting down all the exchanges. Yesterday it was Dimon calling it a fraud and triggering another round of anti-Bitcoin articles in all the mainstream media. Today it's all about N. Korea mining and keeping a secret stash to avoid sanctions.

What will it be tomorrow? Let me guess. Kiddie porn? Drugs? Money laundering?  

I'm amazed that even some more experienced posters here have joined the flock of bears (baa baa). You'd think they'd see through the crap. How many times do we have to go through this before we learn.

Anyway, thanks to all the panickers for the cheap coins.

LOL...

https://en.wikipedia.org/wiki/Mining_in_North_Korea#Gold_mining

In gold alone the nation is estimated to hold around 2,000 metric tonnes of reserves, which at a gold value of $1,200/ounce, would give a total worth of $84.6 billion. Other available resources include iron, with 5 billion tonnes of 50% iron-content ore in reserve, nickel, with 36,000 tonnes of the pure metal, and zinc metal, with around 21,100,000 tonnes.[1]
...
In addition to its metal resources, North Korea is also abundant in coal and limestone (with 100 billion metric tonnes), valued at some US$9.7 trillion.[7] In particular the purest form of coal, anthracite, is especially abundant, with reserves of over 4.5 billion tonnes,[1] which at $143/tonne would be worth $644.8 billion.


Ban ores and metals

is crypto done??  

Bitcoin tied to Funding North Korea (CNBC)

https://www.youtube.com/watch?v=4z401vv_3S4