Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23567. (Read 26714004 times)
January 13, 2015, 08:24:24 PM
double bottom?
January 13, 2015, 08:23:11 PM
As far as I can tell many bears here may wish the price to go down just to cover their short positions.
What will come of it? Perhaps history will be repeating itself.
January 13, 2015, 08:21:28 PM
This is just my opinion based on the fact that the drop is still way too slow to become the bottom, i expect to see a real freefall with people just market selling in panic to the point when it becomes the "oh fuck, now the price is REALLY low" moment.
Just does not look its there yet.
Just does not look its there yet.
I didn't say that could happen. I expect the same in a way. But I don't expect it happening today. We will most likely bounce soonish, at least that's my expectation what comes next.
I would call 215 bottom for now. Guns are loaded everybody seems to wait for the signals right now.
Indeed, $212 could be a minor bump on forming the giant inverse wedge. $170 the next stop. Then catapulting us to total market capitulation around $80. This is were the experienced swing-trader will close his last shorts.
January 13, 2015, 08:20:28 PM
Feels good blocking all the trolls.
People really need to stop quoting and responding to them though. It doesn't help, even if it's "just for fun."
The true trolls were those encouraging people to buy "cheap coins" and that we'll soon see an ATH.
In other words, the guys encouraging newbs to lose money and fall into bull traps.
January 13, 2015, 08:20:21 PM
This is just my opinion based on the fact that the drop is still way too slow to become the bottom, i expect to see a real freefall with people just market selling in panic to the point when it becomes the "oh fuck, now the price is REALLY low" moment.
Just does not look its there yet.
Just does not look its there yet.
I didn't say that could happen. I expect the same in a way. But I don't expect it happening today. We will most likely bounce soonish, at least that's my expectation what comes next.
I would call 215 bottom for now. Guns are loaded everybody seems to wait for the signals right now.
I'm the mark wahlberg in that gif.
Always having that worried look like "what the fuck is everyone doing..?"
January 13, 2015, 08:18:38 PM
This is just my opinion based on the fact that the drop is still way too slow to become the bottom, i expect to see a real freefall with people just market selling in panic to the point when it becomes the "oh fuck, now the price is REALLY low" moment.
Just does not look its there yet.
Just does not look its there yet.
I didn't say that could happen. I expect the same in a way. But I don't expect it happening today. We will most likely bounce soonish, at least that's my expectation what comes next.
I would call 215 bottom for now. Guns are loaded everybody seems to wait for the signals right now.
January 13, 2015, 08:18:30 PM
set my buy order at 192 
January 13, 2015, 08:16:43 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
well, I would say we had enough panic by now. People are overselling right now. This is going to bounce before we hit 200$ tonight. Everybody is expecting the price to hit 200 soonish once the first bigger buys start to take action, panic buys are going to happen and we will bounce up.
Who knows if the market will try to test even 100$ after it or close the shorts.
At this price USD/BTC the profit many miners are experiencing is negative. Even if hardware is paid off, once you factor in things such as employee wages, hardware cooling, and building rental.
As requested I updated the document with a $250 and $300 and $400 USD valuation.
Exactly, glad you said this, wish the spreadsheet included those numbers as well. $400-$500 is the breakeven for most miners with the latest hardware when you include a full profit/loss breakdown of a mining business. That's why Cointerra has stopped paying their bills on their hosting. No miner is profitable at this price. Whether they know it or not is another question.
January 13, 2015, 08:14:28 PM
But mainly I do not like scammers and sleazy people who lie to take other people's money. Perhaps because I am rather easy to fool myself. And I have never seen a community so packed with crooks and criminals as the bitcoin community. Politicians, judges, cops, bankers, even professors -- there is plenty of corruption among them, but nowhere near as much as among the bitcoiners.
What? How did you determine the density of scammers among the bitcoiners? This is exactly the opposite of my experience with bitcoin and the community surrounding it. I've never been scammed by anyone here, and in 90% of all of my own transactions, I've opted not to use any type of escrow.
Also, the entire notion that a scammer would only accept a specific currency is ridiculous. A scammer will take whatever you'll give him. I get emails every week from scammers trying to scam, and I've yet to see one requesting bitcoin as the payment mechanism.
How are you keeping track of all the scams that happen with cash? I assume you have some very sophisticated tools if you're able to make this comparison.
Maybe you've been fooled?
Jorge is speaking from position, as one who has stolen millions of dollars from the people of Brazil.
Link?
January 13, 2015, 08:14:21 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
Bid-ask ratio is 1:5 in BitStamp and 1:9 in OkCoin.
Those waiting buyers could get nervous at any moment.
Agree we are in overbought zone, pure technically. However, at this momentum I think $172 is possible at 60/40.
See:
brought to you by /r/shibedojo
January 13, 2015, 08:13:11 PM
January 13, 2015, 08:12:16 PM
how high do you guess are the chances that we drop below $200?
January 13, 2015, 08:11:27 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
well, I would say we had enough panic by now. People are overselling right now. This is going to bounce before we hit 200$ tonight. Everybody is expecting the price to hit 200 soonish once the first bigger buys start to take action, panic buys are going to happen and we will bounce up.
Who knows if the market will try to test even 100$ after it or close the shorts.
There is soo much money waiting on the exchanges currently. Everybody is expecting the price to hit sub 200$. But I don't see that coming to be honest for now.
This is just my opinion based on the fact that the drop is still way too slow to become the bottom, i expect to see a real freefall with people just market selling in panic to the point when it becomes the "oh fuck, now the price is REALLY low" moment.
Just does not look its there yet.
January 13, 2015, 08:07:20 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
well, I would say we had enough panic by now. People are overselling right now. This is going to bounce before we hit 200$ tonight. Everybody is expecting the price to hit 200 soonish once the first bigger buys start to take action, panic buys are going to happen and we will bounce up.
Who knows if the market will try to test even 100$ after it or close the shorts.
At this price USD/BTC the profit many miners are experiencing is negative. Even if hardware is paid off, once you factor in things such as employee wages, hardware cooling, and building rental.
As requested I updated the document with a $250 and $300 and $400 USD valuation.
January 13, 2015, 08:05:32 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
Bid-ask ratio is 1:5 in BitStamp and 1:9 in OkCoin.
Those waiting buyers could get nervous at any moment.
January 13, 2015, 08:05:18 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
well, I would say we had enough panic by now. People are overselling right now. This is going to bounce before we hit 200$ tonight. Everybody is expecting the price to hit 200 soonish once the first bigger buys start to take action, panic buys are going to happen and we will bounce up.
Who knows if the market will try to test even 100$ after it or close the shorts.
There is soo much money waiting on the exchanges currently. Everybody is expecting the price to hit sub 200$. But I don't see that coming to be honest for now.
January 13, 2015, 08:01:37 PM
January 13, 2015, 08:00:03 PM
January 13, 2015, 07:59:13 PM
¿Do you think that we're going to touch sub-200 prices?
Let's hope it doesn't. We've been in the black tuesday, lol.
Let's hope it doesn't. We've been in the black tuesday, lol.
The chances that a bottom is above 200$ are slim to none in my opinion.
Still no interest at all at these prices, and not enough panic. I would say 180$ is pretty much a given target, and most likely all the way to ~100$
January 13, 2015, 07:56:06 PM
@Sitarow: are those spreadsheet public? If not, can you make one for 200$ level? Thanks, a hell of a work you did.
I have included the two requested sheets in the document.
$200 USD @ $0.13 kwh
$200 USD @ $0.10 kwh
Shared document link. There is dedicated sheets for each hardware type and estimated difficulty return.
https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing
Hey, very nice job.
One think I'm confused about though is the hardware efficiency, shouldn't the BTC/GH stay constant between $300 and $200?
THAT metric is used to indicate the asking price value for the chosen hardware prior to purchase. Helps decide vs buying other hardware offerings.
It only applies to those curently offered hardware prices.
To those expressing gratitude. Thank you and your welcome. However these sheets have been compiled by me yet I am not the original author.
Two other bitcointalk community members in the past shared their respected documents. I only put them together and kept them up to date along with adding requests over time.
Please feel free to share any important calculations that may be missed.
anyone have anything to add to this sheet?
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