Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21600.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: luckygenough56 on June 02, 2015, 01:55:54 AM

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

Quote

"We believe that the project’s focus should not be on making money from bitcoin mining, but on creating innovative solutions with main purpose to use this product for educational purposes and fun."

Which one your girlfriend is more likely to come upstairs to see:

(a) the autographed photo of you and Justin Bieber;
(b) the pet rock that Granma gave you;
(c) your bitcoin-mining lamp?

But maybe one can use heat from a mining chip to drive a Lava Lamp?

gizmoh

legendary

Activity: 1428

Merit: 1000

Around $220 is an important support. More consolidation ahead IMO.

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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Fatman3001

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Activity: 1554

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Make Bitcoin glow with ENIAC

Quote from: LFC_Bitcoin on June 02, 2015, 02:40:09 AM

So 220 held over night, bit of bullish sentiment? Wink

Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?

If you look at BTC-E/EUR or Kraken/EUR 3 day charts you will see that it's not healthy for us to go much further down. The same charts tells us that we might go up to the $240s again. However, the strengthening dollar tells me we should be happy with the $220-$230s until a proper breakout occurs.

To anyone else, I know this isn't pro TA. Please shoot me down, but try to make it a cogent argument; not just poo-pooing.

clipman77

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Activity: 1610

Merit: 1008

Quote from: Mickeyb on June 02, 2015, 03:12:47 AM

Quote from: LFC_Bitcoin on June 02, 2015, 02:40:09 AM

So 220 held over night, bit of bullish sentiment? Wink

Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?

I really don't know what to think at the moment. I am very confused. It can go either way!

Yes, we will go down even lower.It's not good for me and for all of you.

Globb0

legendary

Activity: 2702

Merit: 2053

Free spirit

Quote from: luckygenough56 on June 02, 2015, 01:55:54 AM

light bulb miner guys. it's big

http://www.coindesk.com/bitfury-light-bulbs-mine-bitcoin/

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: LFC_Bitcoin on June 02, 2015, 02:40:09 AM

So 220 held over night, bit of bullish sentiment? Wink

Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?

I really don't know what to think at the moment. I am very confused. It can go either way!

esse83

hero member

Activity: 545

Merit: 500

Quote from: LFC_Bitcoin on June 02, 2015, 02:40:09 AM

So 220 held over night, bit of bullish sentiment? Wink

Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?

What if I told you, there is no bottom. But seriously, later this year I bet the price will be in the low 1xx range. But good luck, I'm sure you'll make a fortune.

ChartBuddy

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LFC_Bitcoin

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#1 VIP Crypto Casino

So 220 held over night, bit of bullish sentiment? Wink

Could we have found the bottom or are we expected to go any lower today?
Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol.
What does everybody think, 220 a strong resistant bottom or can we go even lower?

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

luckygenough56

legendary

Activity: 1526

Merit: 1012

light bulb miner guys. it's big

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

I expect it to drop in the next couple weeks actually...

But who knows these days... I was expecting it to go to 250 by now...

I really don't want to sell in the 220s again... =/

BlackSpidy

hero member

Activity: 513

Merit: 511

I could only get like, BTC0.04 on local bitcoin. $270 isnt that bad, right? right!?

Morecoin Freeman

hero member

Activity: 854

Merit: 503

Legendary trader

Who managed to buy at the bottom?

~222... Close enough.

cyclotronmajesty

sr. member

Activity: 420

Merit: 250

Bulls pushing...

Bears hanging on...

... almost a dollar rise in a 5 min time... that counts.. =/

esse83

hero member

Activity: 545

Merit: 500

Quote from: JayJuanGee on June 01, 2015, 11:48:26 PM

Quote from: Cconvert2G36 on June 01, 2015, 10:16:50 PM

Quote from: shmadz on June 01, 2015, 10:08:49 PM

Quote from: Mrpumperitis on June 01, 2015, 09:57:39 PM

Quote from: shmadz on June 01, 2015, 09:53:06 PM

Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...

150 is cheap, is this for a dedicated miner or pc?

PC?

I don't even think a pool would recognize or accept your hashrate. It wouldn't even register.

my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh

Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too.

Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices.

Still think $9k is possible this year? Cheesy

fonzie

hero member

Activity: 504

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Moderator

Quote from: Mrpumperitis on June 01, 2015, 11:02:02 PM

btc the true survivor,lol....https://www.youtube.com/watch?v=ZTidn2dBYbY ( True Survivor (from Kung Fury)

ChartBuddy

legendary

Activity: 2380

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

noobtrader

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Activity: 1456

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Quote from: JayJuanGee on June 01, 2015, 11:48:26 PM

Quote from: Cconvert2G36 on June 01, 2015, 10:16:50 PM

Quote from: shmadz on June 01, 2015, 10:08:49 PM

Quote from: Mrpumperitis on June 01, 2015, 09:57:39 PM

Quote from: shmadz on June 01, 2015, 09:53:06 PM

Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...

150 is cheap, is this for a dedicated miner or pc?

PC?

I don't even think a pool would recognize or accept your hashrate. It wouldn't even register.

my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh

Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too.

Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices.

the price of btc doesnt depend on the price of mining, price depend on the number of uses/the amount of fiat money transacted in btc

edit : this will kill miner

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