Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20125. (Read 26709669 times)

You'll probably see difficulty tail off around Dec/Jan. Unless BTC price shoots up.

yes but it was in early november, difficulty has rises like 20% since then.
so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time.
even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month...

but how high the difficulty after 6 month ?

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

Coin



Explanation

The price of BTC went up from $235 to $325 and all the new miners are far more power efficient. You could argue that there was a loss in profitability for the network in that particular round of 2016 Blocks, but the previous rounds saw massive increases in profitability. And the loss would not be by 10.35%, because the network is also more power efficient now. If you meant from one day to another then, sure. But then it's worth mentioning that any increase in efficiency and BTC price between now and the next difficulty adjustment will lead to increased profitability which the difficulty adjustment will have to detract from before overall profitability goes down that round.

What will be interesting to see is if the mining industry can build up a wider margin of profitability before the halving, or if it will keep pushing the limits until a large portion is instantly unprofitable. I fear a lot of them is hoping the BTC price is magically going to do it for them and they might get smacked in the face.

Anyhew, didn't mean to get in the way of your trolling.

Carry on.

PS: If you really want to stir up some FUD you can look at how the large majority of mining power is controlled in China. That means that if the Chinese government sat down and made some phone calls, like they did with exchanges in 2013, they can compromise the integrity of the entire Blockchain. Trustless what, what?

Edit: https://blockchain.info/pools
Antpool, F2Pool, BTCC pool and BW are chinese.

Pretty sizeable difficulty increases (+80% so far) this year. And it seems to be accelerating. Ten % or so projected in two weeks.

• Difficulty History
  
  Date   Difficulty   Change   Hash Rate
  Nov 24 2015   72,722,780,643   10.44%   520,569,941 GH/s
  Nov 11 2015   65,848,255,180   5.77%   471,360,171 GH/s
  Oct 29 2015   62,253,982,450   2.25%   445,631,364 GH/s
  Oct 15 2015   60,883,825,480   0.12%   435,823,399 GH/s
  Oct 01 2015   60,813,224,039   2.49%   435,318,014 GH/s
  Sep 17 2015   59,335,351,234   4.17%   424,738,988 GH/s
  Sep 04 2015   56,957,648,455   4.98%   407,718,729 GH/s
  Aug 22 2015   54,256,630,328   2.95%   388,384,088 GH/s
  Aug 08 2015   52,699,842,409   0.81%   377,240,166 GH/s
  Jul 25 2015   52,278,304,846   2.35%   374,222,683 GH/s
  Jul 11 2015   51,076,366,303   3.39%   365,618,871 GH/s
  Jun 28 2015   49,402,014,931   -0.58%   353,633,397 GH/s
  Jun 14 2015   49,692,386,355   4.42%   355,711,957 GH/s
  May 31 2015   47,589,591,154   -2.50%   340,659,563 GH/s
  May 17 2015   48,807,487,245   2.44%   349,377,603 GH/s
  May 03 2015   47,643,398,018   0.07%   341,044,727 GH/s
  Apr 19 2015   47,610,564,513   -3.71%   340,809,696 GH/s
  Apr 05 2015   49,446,390,688   5.84%   353,951,052 GH/s
  Mar 22 2015   46,717,549,645   -1.50%   334,417,246 GH/s
  Mar 08 2015   47,427,554,951   1.59%   339,499,662 GH/s
  Feb 22 2015   46,684,376,317   5.01%   334,179,783 GH/s
  Feb 09 2015   44,455,415,962   7.71%   318,224,263 GH/s
  Jan 27 2015   41,272,873,895   -6.14%   295,442,739 GH/s
  Jan 12 2015   43,971,662,056   8.20%   314,761,417 GH/s
  Dec 30 2014   40,640,955,017   3.00%   290,919,288 GH/s

calculating using 5 T miner
at 72,722,780,643  difficulty :  1.037 Btc per month
at 80,114,396,770  diffculty  : 0.9416 Btc per month

looks like 9,2 % reduction to me

I don't know why you're so certain dumb blind luck is involved. I put the same amount of thought into options trades as I would any other trade - only difference is I tend towards options when volatility is low. I trade mostly in BTC so exchanging the BTC I set aside for trading for fiat would be a cost, and playing poker probably much more so.

I would say I've had more luck trading options, particularly during the past year when we were ranging between ~200 and ~300, than straight trading - except I don't believe luck had much to do with it. I sold puts when prices started falling back from 300, and I sold calls when prices started lifting from ~200. Had the range been narrower and volatility even lower I'd have considered selling straddles or strangles, but I'm happy enough with my profits.

So, to the moon or riding a city bus in flatland?

Wrong. Try again.

Coin



Explanation

Yes indeed, i'm liking it. Can't wait for the next pump and dump.

Ballooning difficulty

Nov 24 2015, 72,722,780,643  +10.44%

Estimated Next Difficulty:   80,247,935,027 +10.35%

Adjust time:   After 1945 Blocks, About 13.1 days

Coin



Explanation

Lets all enter the fantasy trading competition and win $1000 in BTC, see who has BTC trading skills and who has not
I entered although i know i don't have much chance of winning i'm a real trading Noob :p

https://www.whaleclub.co/

Good point. One may have better use for a low quality currency, when ones only financial plans involve paycheck-to-paycheck calculations.

I increased my gambling funds 43,2% with this Oct-Nov spike. With a loss of about 4%, when making the wrong bet that this will continue soon.
So, why do you think I'm suffering? How does imagining my suffering help you?
Ah, you were worse before.. I see.. your eyes may have seen some terrible things before bitcoin then. I don't think it's very ethical to entice you anymore.

Coin



Explanation

We have reached some stability in this period after the last pump and dump. Think that in the next P&D price will be around 400$, I'm sure about this