Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20842. (Read 26608802 times)
September 06, 2015, 08:02:17 PM
September 06, 2015, 07:55:10 PM
And how does 2.7 tx per second factor in ^.
But he did the maths! The Kool-aid graph...
September 06, 2015, 07:47:34 PM
And how does 2.7 tx per second factor in ^.
September 06, 2015, 07:44:48 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
Hey Gyrsur, just a friendly trading-tip here from an old nuke-physics guy:
- Don't get confused by different parameters describing trading history. All the data is old.
- Gamblers playing other peoples games, have no idea of future outcomes. Sometimes they are lucky, but usually they are beaten by the bank. The more you play against this bank, the more likely you are to lose.
- If you base your short term bets on your "feeling" of how the price graph is evolving, or other publicly available data, you are just gambling without any real info.
- It IS possible to gain without luck in a short term perspective. If you have inside information, are a manipulating whale or have discovered a (micro?) trade pattern that nobody else can see.
- If you don't have any of the 3 superskillz described above, your trading is random.
Leading to this conclusion:
If your long term bet is that bitcoin is going to succseed, just buy & hodl.
If you trade back and forth during the long term growth period of bitcoin, you will only catch 50% of the growth compared to just hodling.
(Assuming you hold fiat and bicoin 50% each during your daytrading.)
Just sayin...
thank you! but i don't trade this heavy manipulated Bitcoin market anymore. i just buy and hold. TA is working sometimes between dumps and pumps but there exists better markets to trade with TA.
The TA you know, does not work in any markets where professional traders are present.
Prove me wrong, by giving a short term forecast from any market in the world that I can check/confirm with my computer.
And yes, I can relate to statistical prediction models. I'll just have to do many samples (Approx 30) of your predictions. If you are right, we will both be rich! Yeah!!!!!
don't destroy my illusions and my wet dreams to get rich quick anymore dude! i hate that.
Ha ha, just trying to give advice to you (and many other people in this thread).
My point is simply that you should know what you don't know!
I believe that you will be a very priviledged person in the future. Just don't sell bitcoin! Buy & hodl! If you daytrade randomly, you will lose 50% of the growth!
I have done some math regarding the potential of bitcoin. (Yes, I had to convert +200 currencies VS USD and multiply whith the different countries money supply (M2) by hand.)
It's here:
September 06, 2015, 07:27:48 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
Hey Gyrsur, just a friendly trading-tip here from an old nuke-physics guy:
- Don't get confused by different parameters describing trading history. All the data is old.
- Gamblers playing other peoples games, have no idea of future outcomes. Sometimes they are lucky, but usually they are beaten by the bank. The more you play against this bank, the more likely you are to lose.
- If you base your short term bets on your "feeling" of how the price graph is evolving, or other publicly available data, you are just gambling without any real info.
- It IS possible to gain without luck in a short term perspective. If you have inside information, are a manipulating whale or have discovered a (micro?) trade pattern that nobody else can see.
- If you don't have any of the 3 superskillz described above, your trading is random.
Leading to this conclusion:
If your long term bet is that bitcoin is going to succseed, just buy & hodl.
If you trade back and forth during the long term growth period of bitcoin, you will only catch 50% of the growth compared to just hodling.
(Assuming you hold fiat and bicoin 50% each during your daytrading.)
Just sayin...
thank you! but i don't trade this heavy manipulated Bitcoin market anymore. i just buy and hold. TA is working sometimes between dumps and pumps but there exists better markets to trade with TA.
The TA you know, does not work in any markets where professional traders are present.
Prove me wrong, by giving a short term forecast from any market in the world that I can check/confirm with my computer.
And yes, I can relate to statistical prediction models. I'll just have to do many samples (Approx 30) of your predictions. If you are right, we will both be rich! Yeah!!!!!
don't destroy my illusions and my wet dreams to get rich quick anymore dude! i hate that.
September 06, 2015, 07:26:43 PM
Visual aids. Who knew 
Still seems odd to me.
Still seems odd to me.
September 06, 2015, 07:19:37 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
Hey Gyrsur, just a friendly trading-tip here from an old nuke-physics guy:
- Don't get confused by different parameters describing trading history. All the data is old.
- Gamblers playing other peoples games, have no idea of future outcomes. Sometimes they are lucky, but usually they are beaten by the bank. The more you play against this bank, the more likely you are to lose.
- If you base your short term bets on your "feeling" of how the price graph is evolving, or other publicly available data, you are just gambling without any real info.
- It IS possible to gain without luck in a short term perspective. If you have inside information, are a manipulating whale or have discovered a (micro?) trade pattern that nobody else can see.
- If you don't have any of the 3 superskillz described above, your trading is random.
Leading to this conclusion:
If your long term bet is that bitcoin is going to succseed, just buy & hodl.
If you trade back and forth during the long term growth period of bitcoin, you will only catch 50% of the growth compared to just hodling.
(Assuming you hold fiat and bicoin 50% each during your daytrading.)
Just sayin...
thank you! but i don't trade this heavy manipulated Bitcoin market anymore. i just buy and hold. TA is working sometimes between dumps and pumps but there exists better markets to trade with TA.
The TA you know, does not work in any markets where professional traders are present.
Prove me wrong, by giving a short term forecast from any market in the world that I can check/confirm with my computer.
And yes, I can relate to statistical prediction models. I'll just have to do many samples (Approx 30) of your predictions. If you are right, we will both be rich! Yeah!!!!!
September 06, 2015, 07:09:37 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
Hey Gyrsur, just a friendly trading-tip here from an old nuke-physics guy:
- Don't get confused by different parameters describing trading history. All the data is old.
- Gamblers playing other peoples games, have no idea of future outcomes. Sometimes they are lucky, but usually they are beaten by the bank. The more you play against this bank, the more likely you are to lose.
- If you base your short term bets on your "feeling" of how the price graph is evolving, or other publicly available data, you are just gambling without any real info.
- It IS possible to gain without luck in a short term perspective. If you have inside information, are a manipulating whale or have discovered a (micro?) trade pattern that nobody else can see.
- If you don't have any of the 3 superskillz described above, your trading is random.
Leading to this conclusion:
If your long term bet is that bitcoin is going to succseed, just buy & hodl.
If you trade back and forth during the long term growth period of bitcoin, you will only catch 50% of the growth compared to just hodling.
(Assuming you hold fiat and bicoin 50% each during your daytrading.)
Just sayin...
thank you! but i don't trade this heavy manipulated Bitcoin market anymore. i just buy and hold. TA is working sometimes between dumps and pumps but there exists better markets to trade with TA.
September 06, 2015, 07:03:45 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
Hey Gyrsur, just a friendly trading-tip here from an old nuke-physics guy:
- Don't get confused by different parameters describing trading history. All the data is old.
- Gamblers playing other peoples games, have no idea of future outcomes. Sometimes they are lucky, but usually they are beaten by the bank. The more you play against this bank, the more likely you are to lose.
- If you base your short term bets on your "feeling" of how the price graph is evolving, or other publicly available data, you are just gambling without any real info.
- It IS possible to gain without luck in a short term perspective. If you have inside information, are a manipulating whale or have discovered a (micro?) trade pattern that nobody else can see.
- If you don't have any of the 3 superskillz described above, your trading is random.
Leading to this conclusion:
If your long term bet is that bitcoin is going to succseed, just buy & hodl.
If you trade back and forth during the long term growth period of bitcoin, you will only catch 50% of the growth compared to just hodling.
(Assuming you hold fiat and bicoin 50% each during your daytrading.)
Just sayin...
September 06, 2015, 07:02:19 PM
They don't need retail miners, bitmain is the exception to the rest of OCDM (organization of chip designing miners).
OCDM never heard of them.
are you the chairman?
September 06, 2015, 07:02:09 PM
September 06, 2015, 07:01:15 PM
Devalued metals and mechanization of production makes hardware cheaper to build.
If they make it much more energy efficient obviously diff will keep climbing a lot.
If they make it much more energy efficient obviously diff will keep climbing a lot.
September 06, 2015, 06:57:16 PM
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
https://bitcoinwisdom.com/bitcoin/difficulty
And it will continue higher, even with falling prices, as hardware that does 1TH for 250w or less is rolled out against 1TH 500w gear.
Only problem now is that it would take 250 million USD of machines to double the hashrate of the network. And at current prices that's 10 months of mining for the entire network. To ROI we're looking at years.
Absolutely, which is why I measure my mining "profitability" against the cost of fossil fuel heat, and sell everything in the spring. At a hashrate that is a drop in the ocean.
indeed but miner producers need retail miners money to develop the 1TH for 175w and with low prices it won't work anymore. that is what i trying to tell but anyway.
They don't need retail miners, bitmain is the exception to the rest of OCDM (organization of chip designing miners).
September 06, 2015, 06:55:02 PM
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
https://bitcoinwisdom.com/bitcoin/difficulty
And it will continue higher, even with falling prices, as hardware that does 1TH for 250w or less is rolled out against 1TH 500w gear.
indeed but miner producers need retail miners money to develop the 1TH for 125w and with low prices it won't work anymore. that is what i trying to tell but anyway.
September 06, 2015, 06:52:56 PM
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
https://bitcoinwisdom.com/bitcoin/difficulty
And it will continue higher, even with falling prices, as hardware that does 1TH for 250w or less is rolled out against 1TH 500w gear.
Only problem now is that it would take 250 million USD of machines to double the hashrate of the network. And at current prices that's 10 months of mining for the entire network. To ROI we're looking at years.
September 06, 2015, 06:42:57 PM
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
https://bitcoinwisdom.com/bitcoin/difficulty
And it will continue higher, even with falling prices, as hardware that does 1TH for 250w or less is rolled out against 1TH 500w gear.
September 06, 2015, 06:31:34 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
there was no flat or lower diff since some weeks. diff jumps to higher highs even with this strong hash rate.
https://bitcoinwisdom.com/bitcoin/difficulty
September 06, 2015, 06:26:33 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
Did you just argue against yourself? Lower prices, flat or lower difficulty, more coins for the big established players.
September 06, 2015, 06:20:07 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
what if the chinese miner syndicate decided to push the price a bit up for selling there overpriced new miner generation to the stupid crowd?
The btc price of bitmain's S7 floats with the exchange rate, so... And no one else is selling their next gen hardware to the teeming unwashed masses.
trust me no one of the retail miners will buy a miner if the price is below 200 and the momentum tends to further short.
September 06, 2015, 06:16:50 PM
I have a story ......
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
After big crashing some whales fear of destroying of Btc ,,,,,,,,,, so they decided to push price up ...... this is temporary ... we will see price $180 very sooon
What "big crashing"?
EDIT: You mean dec 2013 - jan 2015?
he mean the last crash from nearly 300 to below 200.
This fireworks is explosive and unpredictable. It can go to zero or heaven, but not continue on this sideways way for much longer.
My biggest concern last year was the concentration of power in the hands of the core developers. And especially the man on top (Wladimir). But Gavin (previous core boss) showed me this year that forking removes this point of failiure. It makes me more confident in bitcoin's success. ┗(°0°)┛
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