Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17986. (Read 26656996 times)
January 04, 2017, 01:14:57 PM
My browser keeps losing the connection to bitcoinity. It's probably overloaded with all the extra people accessing it with each $10 more up. Is anyone else having problems with it?
January 04, 2017, 01:14:49 PM
maybe you should stick your price to hash power/generated btc per machine...like 10% of it...it is not like the miners make less money just because the price is rising...quite the contrary
*THAT* is a good idea, and honors the fact that this is a bitcoin to bitcoin transaction, not some fiat fiat using bitcoin like Amex or Western Union or greasy bits of paper.
I'll see how I can approach this.
January 04, 2017, 01:13:10 PM
How the hell am i meant to concentrate at work with all this going on 
You haven't quit your job yet? (Assuming you're being paid in fiat. If bitcoin then you should be touching yourself with glee!)
January 04, 2017, 01:12:46 PM
Ya if you keep your fixed BTC rate your customers will go pay cash somewhere else.... cheaper than the fixed rate in BTC. Somewhere along the line you do need to compensate for your rates when BTC was low and you took the hit. I would reward myself a little extra for as long as you can, after all, the miners you maintain would not benefit the owners if they were not running 
Well, this is true to an extent: Technically the skills needed to fix these things are limited and as the value of bitcoin rises the value of repairing a miner rises as well. That was the logic I used to not raise prices when it was at $300; the miners were worth "less" therefore I should not charge the same amount in dollars since I'm trying to work the concept of value into bitcoin.That said when it hit 900 I started decreasing my prices to compensate for the "new normal" instead of $600. I could re-price again at $1200, but at some point the constant re-framing of prices becomes a bit of a pain.
Thus it would be nice for bitcoin to stick at a price for awhile. :-)
C
maybe you should stick your price to hash power/generated btc per machine...like 10% of it...it is not like the miners make less money just because the price is rising...quite the contrary
January 04, 2017, 01:11:19 PM
How the hell am i meant to concentrate at work with all this going on
January 04, 2017, 01:11:09 PM
I was going to post something here but I decided against it. This is just to strange to make sense of for me right now. I'll just shut up and watch the charts.
January 04, 2017, 01:10:59 PM
any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.
I will be officially impressed when that happens even if we got a wee boost from GBP's hopelessness.
haha true, BTC could stay right where it is until our beloved prime minister triggers article 50.
January 04, 2017, 01:10:49 PM
Hello Bitcoinland 
Decided to finally create an account after a few years of lurking here on a regular basis.
HODLING, as always
Hopefully we'll see 8888 CNY by tomorrow.
Decided to finally create an account after a few years of lurking here on a regular basis.
HODLING, as always
Hopefully we'll see 8888 CNY by tomorrow.
January 04, 2017, 01:10:42 PM
Join the bunker please
January 04, 2017, 01:09:26 PM
Wow.
January 04, 2017, 01:07:26 PM
1089 Euros.
January 04, 2017, 01:07:11 PM
Holy shmoly, is this just the beginning of the parabolic move ! Nothing bearish on the charts.
January 04, 2017, 01:06:45 PM
January 04, 2017, 01:06:17 PM
any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.
I will be officially impressed when that happens even if we got a wee boost from GBP's hopelessness.
January 04, 2017, 01:06:04 PM
any other UKers here holding their breath for ~$1230 when we finally hit £1000?
Yes, me.
Hobular BTC blasting past $1200 like it was a tank rolling over 1-foot hedge.
January 04, 2017, 01:05:45 PM
New ATH on BTCe
January 04, 2017, 01:05:27 PM
Ya if you keep your fixed BTC rate your customers will go pay cash somewhere else.... cheaper than the fixed rate in BTC. Somewhere along the line you do need to compensate for your rates when BTC was low and you took the hit. I would reward myself a little extra for as long as you can, after all, the miners you maintain would not benefit the owners if they were not running
Well, this is true to an extent: Technically the skills needed to fix these things are limited and as the value of bitcoin rises the value of repairing a miner rises as well. That was the logic I used to not raise prices when it was at $300; the miners were worth "less" therefore I should not charge the same amount in dollars since I'm trying to work the concept of value into bitcoin.That said when it hit 900 I started decreasing my prices to compensate for the "new normal" instead of $600. I could re-price again at $1200, but at some point the constant re-framing of prices becomes a bit of a pain.
Thus it would be nice for bitcoin to stick at a price for awhile. :-)
C
January 04, 2017, 01:05:18 PM
any other UKers here holding their breath for ~$1230 when we finally hit £1000? that is gonna be when my head explodes.
Oh boy, not sure my head can take much more...
January 04, 2017, 01:04:50 PM
$30 left until bitstamp ATH
January 04, 2017, 01:04:41 PM
Hopefully what's happening now is we're leaving behind 3-figure bitcoin and the scale is getting recalibrated - just as it did when we left single digit bitcoin.
In those days, a revaluation from $2 to $8 was a huge rally.
Now we're going to be going up in $100 increments. That 2013-2016 dip will look like a minor correction in a few months.
(Hobular BTC now over $1200 as I type. No Gox).
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