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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18480. (Read 26607917 times)

legendary
Activity: 874
Merit: 1357
Who else is tired of this 630 bullshit? We need 680 in the next 24h

$650 now. Perhaps someone was listening.
legendary
Activity: 1946
Merit: 1035
Keep calm and hodl on.

Sustaining 630 after the rush in the last two weeks is not bad at all IMO.
sr. member
Activity: 308
Merit: 250
where is 1000/btc??? 😠
newbie
Activity: 37
Merit: 0
Who else is tired of this 630 bullshit? We need 680 in the next 24h

WORD. we building up a symetric triangle comimg from up.
so symetric tryangles can break through both directions.. so the chance is 50/50... had somone a coin to flip `?

http://forextradingstrategies4u.com/wp-content/uploads/2015/06/symmetrical-triangle-chart-patterns.jpg
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
This is a kind of good price (with current block reward) for miners given certain conditions are met and these are:
.low electricity rates
.high-end cooling systems
.powerful asics coming in at a slower rate.

But after the halving for today's miners to be profitable (and willing to contribute to the network) this price is not enough. It should be well beyond 1000$


I mean anyone can do the maths


Keep telling yourself that if it makes you feel better.

But!!!...

(1) Free electricity because... courtesy of the communist party.

(2) Hardware Manufacturers located in China. Meaning that even if they get 2nd hand, cheap and custom made hardware equipment, they have no border VAT tax, or probably they get their sh!t free.. again.. courtesy of the communist party!

(3) Hearing all these... you should not expect a normal, stable and predictable growth! ... Try to think you are playing against a psychopath holding tons of bitcoins and infinite fiat, courtesy of the communist party ... again! ... They can't lose fiat .. I explained this like 20 pages ago.... If the exchange is in China... cooperating with a China bank... that just means that the bank can just hold the cash and without even moving it. Meaning the bank holding the bag can't lose... and the China Gov will pay anything to their people since they hold a check in blank! .. And coming back to my psychopath! ... China does this on purpose to rip of the investors (their people!) ... So basically expect unexpected mindF*** games, House of Cards style! F.rank U.nderwood is proud of China!

Prepare yourself mentally for many of those "Aham moments!" ... and "Surprise MotherF*%@&!$!!!" moments! ... For them is just a game where insider trading is a common practice!
legendary
Activity: 2338
Merit: 1035
Who else is tired of this 630 bullshit? We need 680 in the next 24h

legendary
Activity: 3038
Merit: 2162
Who else is tired of this 630 bullshit? We need 680 in the next 24h
hero member
Activity: 628
Merit: 500

Dragon want $700 2nite?  Cool He's gonna have to get through those 2200 coins at $650 first.


When BTC goes up, I don't see dragons, I see this scene Cheesy It actually describes what is going on at that moment on BTC market, bears are on their knees, engines are roaring loud and what we had few moments before was a flat line like the ocean in the scene Cheesy

https://www.youtube.com/watch?v=jWcaAmTO2TE

P.S. No, I don't use drugs nor I have visions or mental issues (Or I'm not aware of those)  Grin
member
Activity: 117
Merit: 10

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

Pretty much a non-factor in terms of limiting growth of bitcoin and upcoming expected transactions. 

Accordingly, there are timely scaling solutions in the pipeline...

No kidding, it's like he knows nothing about segwit in April.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

Pretty much a non-factor in terms of limiting growth of bitcoin and upcoming expected transactions. 

Accordingly, there are timely scaling solutions in the pipeline, and various assertions over the past 6 months or so regarding some kind of actual technical problem have been largely overstated and exaggerated, and most BTC knowledgeable investors have come to realize that the scaling issue hype has been largely price suppression propaganda more than any actual or meaningful technical problem in bitcoin.... funny how people want to continue to talk about this scaling matter as if it is some kind of thing that is currently negative for bitcoin rather than the actuality that it is bullish for bitcoin because of the realization that a lot of that was price suppression bullshit.
member
Activity: 117
Merit: 10
Since Jihan Wu of Antpool threatened to boycott SegWit his Antpool has lost 6% of total hashrate (was 23% now 17%)
https://blockchain.info/pools?timespan=48hrs
... maybe miners are repulsed by pool operators who want to dictate policy.

Nullc ain't got time for people voting with their CPU's... Besides, he might even be satoshi, here to fix all the mistakes he made in the original design:

Where nullc conclusively demonstrates that free market incentives will never work for Bitcoin mining:



Miners must never be called upon to determine the size of their own blocks. This power shall be centralized into the hands of the Core technicians, thus correcting an extreme mistake and oversight in satoshi's original design.

Extra points for using the emotional buzzword "censoring" to describe rational economic behavior of miners in the operation of their business.

Dragon want $700 2nite?  Cool He's gonna have to get through those 2200 coins at $650 first.
legendary
Activity: 2310
Merit: 1422
This is a kind of good price (with current block reward) for miners given certain conditions are met and these are:
.low electricity rates
.high-end cooling systems
.powerful asics coming in at a slower rate.

But after the halving for today's miners to be profitable (and willing to contribute to the network) this price is not enough. It should be well beyond 1000$


I mean anyone can do the maths
legendary
Activity: 1372
Merit: 1000
This is why the DAO is up 13%. It's for our wickedness. We're the Lot's wife of crypto.



Is that landscape from Mars?


it's an r/bitcoin troll on his back with a hardon, he stuck around a little too long and forgot to pull up his shorts before the sun rose.

on another note, the halving if it's anything like the last one will be anti climactic until the reality of reduced liquidity takes effect. The last halving rally peeked too early and then again much later once liquidity dried up.

last time we didn't know what to expect, and this time we are headed into it with another unpredictable complication a very stubborn limit on transaction volume.

I think it's going to have a negative effect on growth, but we have to wait and see how it plays out. I hope you are all here to play the next one 4 years from now. 

legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
Been mining since when profitable to do on CPU. Price needs to double after halfing for me to keep mining. Not likely. More profitable trading, sellinf coins I bought cheap. We'll see what happens.


Yeah, but the price already doubled, more or less in the past several months.

Think about a large majority of 2015, the price was floating in the lower to mid-200s for a large part of that year.

So our current price of $630 is about 2.5x of those mid $200s level.  Are you saying that we gotta get double from here?  What is the base upon which price needs to double in order for regular folks to still mine with their existing equipment, such as yourself?

On the other hand, I do not disagree with your point that trading and buying is likely more economical than mining.. that has probably been true for at least a couple of years now, even if not for quite a bit longer than that.
legendary
Activity: 1260
Merit: 1000
legendary
Activity: 1568
Merit: 1001
Bitcoin Block Reward Halving Countdown:
Only 10 more days!

Reward drop ETA: Sat, 9 Jul 2016 22:18:50 GMT


This is the face of this upcoming halving. Bullish? Yes, months afterwards. Stick around for the moonshot.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Since Jihan Wu of Antpool threatened to boycott SegWit his Antpool has lost 6% of total hashrate (was 23% now 17%)
https://blockchain.info/pools?timespan=48hrs
... maybe miners are repulsed by pool operators who want to dictate policy.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Been mining since when profitable to do on CPU. Price needs to double after halfing for me to keep mining. Not likely. More profitable trading, sellinf coins I bought cheap. We'll see what happens.

Thanks for the info, this is the kind of stuff that is worthwhile absorbing. I think you'll be fine, after halving it will be targetting $900+ easily.
legendary
Activity: 2198
Merit: 1000
Been mining since when profitable to do on CPU. Price needs to double after halfing for me to keep mining. Not likely. More profitable trading, sellinf coins I bought cheap. We'll see what happens.
Yep, still banking on btc going to 800+ to keep miners somewhat happy.... keep things rolling. Time is near lol may not get there by the time it halves but shortly there after,,, has too
sr. member
Activity: 434
Merit: 250
It's on the moon 100 years ago or in the middle of Kansas now.

Goodnight Bitcoinland. You insane degenerates. Kiss

You're the biggest insane degenerate in the bunch!  Grin
Goodnight.
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