Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23640.

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: ?? on ??

Quote from: crazy_rabbit on January 11, 2015, 03:10:04 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

I'm more interested in the theory about how mining is dead... Doesn't look like.

Hash rate is tied to $ It's hard to get good estimates but i believe that the consensus is that it becomes unprofitable right about this price point.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: Gyrsur on January 11, 2015, 03:13:47 PM

Department Of Game, Fish and ~~Parks~~Sharks

DaRude

legendary

Activity: 2833

Merit: 1851

In order to dump coins one must have coins

Quote from: Son0fLamb on January 11, 2015, 01:56:03 PM

Quote from: pjviitas on January 11, 2015, 01:51:58 PM

...
Cryto-currencies are not like fiat...if everyone just accepted that I think there would be a lot less pain.

If by "survival" you mean one neckbeard with two netbooks continuing to mine Bitcoin, I agree. If. OTOH, you mean "not making everyone holding for more than a day poor," that's sorta iffy...

Let me spell this out:

Survival = i can send any amount i want anywhere in the world and get 3 confirmation at around 30min for few cents
Survival != $ X

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: ?? on ??

Quote from: crazy_rabbit on January 11, 2015, 03:10:04 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

I'm more interested in the theory about how mining is dead... Doesn't look like.

Mining isn't dead. Miners will keep their rigs on untill (hosting costs) > (price of coin mined). Or a more profitable SHA256 coin comes along

YourMother

legendary

Activity: 1281

Merit: 1046

I'm selling Casascius Beanie Babies.

P.M if interested

ShroomsKit

hero member

Activity: 672

Merit: 500

Cashing out my last coins at 400 was the best decision i made last year.

I can only imagine how i would feel being a bagholder now.

You're doing something very wrong if you're still holding coins.

Gyrsur

legendary

Activity: 2856

Merit: 1520

Bitcoin Legal Tender Countries: 2 of 206

N12

donator

Activity: 1610

Merit: 1010

Quote from: crazy_rabbit on January 11, 2015, 03:10:04 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

Right, what's it matter how much stuff you can buy? Huh

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: NotHatinJustTrollin on January 11, 2015, 03:04:42 PM

Quote from: Christ is King on January 11, 2015, 03:01:42 PM

Quote from: Davyd05 on January 11, 2015, 02:58:03 PM

Quote from: abercrombie on January 11, 2015, 02:53:02 PM

is crypto done?? Huh

bitcoin is the crypto Jesus, it has died and been resurrected so many times it as if it was immortal or something

My pastor told me today he was tempted to sell the church's 30 bitcoins, but I convinced him to wait. As I discussed in a different web chat on this message board, I believe Jesus is testing our faith in Him. I have faith in bitcoin and believe God will shower us with the bounty of its riches once the negative energy is finally cleaned out of the system. For that to happen, we may need to drop in value a little more first.

1 Timothy 6:10

"For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs."

But don't worry, bitcoin is not actual money, so it doesn't count. Tell your pastor to HODL them

The spirit of Satoshi will show him the way

Hallelujah!

Since we're quoting scripture and all, wonder if BitChick's safe, or if her hubby is beating her severely about the face and neck?

luckygenough56

legendary

Activity: 1526

Merit: 1012

i'll keep a bitcoin for collection purpose

crazy_rabbit

legendary

Activity: 1204

Merit: 1002

RUM AND CARROTS: A PIRATE LIFE FOR ME

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

fichtn12345

full member

Activity: 280

Merit: 100

Quote from: NotLambchop on January 11, 2015, 03:03:38 PM

Quote from: fichtn12345 on January 11, 2015, 02:58:44 PM

Quote from: NotLambchop on January 11, 2015, 02:52:26 PM

Quote from: NotLambchop on January 11, 2015, 11:09:33 AM

Quote from: 600watt on January 11, 2015, 11:04:28 AM

Quote from: 600watt on January 11, 2015, 10:17:25 AM

I will buy one extra bitcoin for every fresh doomtroll on my ignore list.
...

Y O U my friend are worth at least five of 'em...

So you've lost at least $45 just on the extra coin you bought today? Impressive.

Edit: $65. Moar impressive.

lol yea it is way moar than your recommended weekly allowance

Soon $65 will start 2 seem a princely sum 2 u my Bitcoinish friend. How much have U already lost today, if it's not 2 forward 2 ask?

not sure. it is sunday and i do not count my money at the weekend. thx for asking tho

Warren Buffett

newbie

Activity: 30

Merit: 0

Quote from: mrkavasaki on January 11, 2015, 02:42:02 PM

http://1.bp.blogspot.com/-4FfgFu4oseE/UciCC6yg7aI/AAAAAAAACwA/_hfR-rufwiI/s1600/quote-the-way-to-make-money-is-to-buy-when-blood-is-running-in-the-streets-john-d-rockefeller-156337.jpg

tomorrow comes fresh fiat

Yes, but make sure that you buy something valuable, such as stocks.

Or oil, for that matter. Wait till it drops some more and QE4 talk is on the table.

http://wolfstreet.com/wp-content/uploads/2014/12/US-Oil-Price-v-Fed-QE.png

NotHatinJustTrollin

full member

Activity: 462

Merit: 107

★Bitvest.io★ Play Plinko or Invest!

Quote from: Christ is King on January 11, 2015, 03:01:42 PM

Quote from: Davyd05 on January 11, 2015, 02:58:03 PM

Quote from: abercrombie on January 11, 2015, 02:53:02 PM

is crypto done?? Huh

bitcoin is the crypto Jesus, it has died and been resurrected so many times it as if it was immortal or something

My pastor told me today he was tempted to sell the church's 30 bitcoins, but I convinced him to wait. As I discussed in a different web chat on this message board, I believe Jesus is testing our faith in Him. I have faith in bitcoin and believe God will shower us with the bounty of its riches once the negative energy is finally cleaned out of the system. For that to happen, we may need to drop in value a little more first.

1 Timothy 6:10

"For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs."

But don't worry, bitcoin is not actual money, so it doesn't count. Tell your pastor to HODL them

The spirit of Satoshi will show him the way

Hallelujah!

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: fichtn12345 on January 11, 2015, 02:58:44 PM

Quote from: NotLambchop on January 11, 2015, 02:52:26 PM

Quote from: NotLambchop on January 11, 2015, 11:09:33 AM

Quote from: 600watt on January 11, 2015, 11:04:28 AM

Quote from: 600watt on January 11, 2015, 10:17:25 AM

I will buy one extra bitcoin for every fresh doomtroll on my ignore list.
...

Y O U my friend are worth at least five of 'em...

So you've lost at least $45 just on the extra coin you bought today? Impressive.

Edit: $65. Moar impressive.

lol yea it is way moar than your recommended weekly allowance

Soon $65 will start 2 seem a princely sum 2 u my Bitcoinish friend. How much have U already lost today, if it's not 2 forward 2 ask?

itod

legendary

Activity: 1988

Merit: 1077

Honey badger just does not care

Quote from: Spaceman_Spiff on January 11, 2015, 02:39:36 PM

Chart looks ugly imho.

There's a solution, just turn your monitor upside down:

˙oɥɯı ʎןbn sʞooן ʇɹɐɥɔ

Christ is King

newbie

Activity: 24

Merit: 0

Quote from: Davyd05 on January 11, 2015, 02:58:03 PM

Quote from: abercrombie on January 11, 2015, 02:53:02 PM

is crypto done?? Huh

https://i.imgur.com/2T7g3YA.gif

bitcoin is the crypto Jesus, it has died and been resurrected so many times it as if it was immortal or something

My pastor told me today he was tempted to sell the church's 30 bitcoins, but I convinced him to wait. As I discussed in a different web chat on this message board, I believe Jesus is testing our faith in Him. I have faith in bitcoin and believe God will shower us with the bounty of its riches once the negative energy is finally cleaned out of the system. For that to happen, we may need to drop in value a little more first.

ChartBuddy

legendary

Activity: 2380

Merit: 1823