And soon the majority of the network will officially be controlled by China. How comforting.
https://blockchain.info/pools?timespan=48hrs
https://blockchain.info/pools?timespan=48hrs
I hope China is waking up soon
Bullrun!! 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23839. (Read 26712985 times)
January 03, 2015, 03:56:03 PM
I hope China is waking up soon
Bullrun!! 
January 03, 2015, 03:54:34 PM
i don't have 30 years to live
Good thing is that as soon as you have developed the nerves to live through all those dips and FUD, a long term profit in BTC-land still is a medium- or even short-term profit in terms of traditional financial products! That being said, you don't have to wait that long
January 03, 2015, 03:52:58 PM
Stop losses? LOL!
I deposit fiat to the exchange. I withdraw bitcoins to cold storage. Then I wait.
If bitcoin is still a thing in a couple years, I plan to maybe sell a few and buy a new car. If not, I guess it's a good thing I got a Toyota, those things will run forever
I tried using stop losses. Once I put one on really low and the price briefly spiked down to half a cent below my stop loss, then shot straight back up to the moon again.
January 03, 2015, 03:52:38 PM
i don't have 30 years to live
January 03, 2015, 03:52:19 PM
And soon the majority of the network will officially be controlled by China. How comforting.
https://blockchain.info/pools?timespan=48hrs
https://blockchain.info/pools?timespan=48hrs
January 03, 2015, 03:50:37 PM
Look at a 30 year gold chart if you want to see what patience looks like
January 03, 2015, 03:48:53 PM
A BIG bankruptcy in the mining world would be hugely bullish for BTC
I suppose that pools cannot go bankrupt; if the pool company fails, its miners will move to another pool. Pool miners will turn off their machines individually, so their "bankruptcy" will be gradual.The largest non-pool miners may have 10-15% of the total. If a couple of them suddenly go off-line, the block rate will fall in the same proportion, and ditto for the supply of new coins. The price may recover for a while. But in a week or two the difficulty will be readjusted, and there will be again 3600 new BTC entering the market every day.
I have no idea why galdur seems to think that the difficulty would drive the price, when it is obvious that it is the other way around.
January 03, 2015, 03:43:41 PM
I cant be the only person calmly buying here. We were here four months ago. Time to do the money shuffle again.
You still have fiat left? Nice, I got cleaned out at 320 CAD and next deposit won't clear till sometime next week
-- btw, any one complaining about a one hour confirmation being too long obviously never tried moving fiat from one bank to another during holidays/weekends
Careful man, seriously.
In total honesty if even the last possible 2012 support trend line breaks it's gonna be a bloodbath.
I would suggest you put stop losses in place just to be safe, but you probably think I'm trolling you, so, do what you think is best.
In total honesty if even the last possible 2012 support trend line breaks it's gonna be a bloodbath.
I would suggest you put stop losses in place just to be safe, but you probably think I'm trolling you, so, do what you think is best.
Stop losses? LOL!
I deposit fiat to the exchange. I withdraw bitcoins to cold storage. Then I wait.
If bitcoin is still a thing in a couple years, I plan to maybe sell a few and buy a new car. If not, I guess it's a good thing I got a Toyota, those things will run forever
January 03, 2015, 03:41:23 PM
Stamp rearing up to go. Gox too by the looks of it.
Last chance to buy 10,000 BTC without slippage below $300.
Last chance to buy 10,000 BTC without slippage below $300.
LOL - yeah right
... its hilarious to go through some of these old posts again. Funny- that chart looks exactly like the current chart. :-)
January 03, 2015, 03:41:07 PM
It just keeps falling. And I don't see any reason why it would stop. Why would anyone buy this other than covering shorts? It can't even compete with Western Union with these drops.
January 03, 2015, 03:39:49 PM
A BIG bankruptcy in the mining world would be hugely bullish for BTC
I suppose that pools cannot go bankrupt; if the pool company fails, its miners will move to another pool. Pool miners will turn off their machines individually, so their "bankruptcy" will be gradual.The largest non-pool miners may have 10-15% of the total. If a couple of them suddenly go off-line, the block rate will fall in the same proportion, and ditto for the supply of new coins. The price may recover for a while. But in a week or two the difficulty will be readjusted, and there will be again 3600 new BTC entering the market every day.
January 03, 2015, 03:39:33 PM
Stamp rearing up to go. Gox too by the looks of it.
Last chance to buy 10,000 BTC without slippage below $300.
Last chance to buy 10,000 BTC without slippage below $300.
LOL - yeah right
... its hilarious to go through some of these old posts again. January 03, 2015, 03:32:50 PM
...No bulls left, no restistance, no hope. See you at double digits.
But while there's moonlight and music and love and romance
I should have listend to NLC! He told me that it's going down forever. Is crypto done? Yes! FIAT ftw.
January 03, 2015, 03:29:50 PM
Inconclusive. This volume is really tepid.
Yeah, it's hard to tell. $300 was my psychological wall, but then again- it's just drip drip drip. Can't even really sell/buy into it at a one price with any volume .
300 was getting tested lots of times. It was only a question of when it was breached. It has happened now so hoping for a fast drop to 250-260.
250 would be the absolute floor and we should move up after touching it.
January 03, 2015, 03:29:27 PM
I should've listened to Dafar on January 2014. Fuck.
January 03, 2015, 03:29:12 PM
January 03, 2015, 03:28:56 PM
A BIG bankruptcy in the mining world would be hugely bullish for BTC
NSA is mining with quantic rigs
January 03, 2015, 03:28:12 PM
...No bulls left, no restistance, no hope. See you at double digits.
But while there's moonlight and music and love and romance
I should have listend to NLC! He told me that it's going down forever. Is crypto done? Yes! FIAT ftw.
January 03, 2015, 03:27:07 PM
Cheap coins are close :-).
January 03, 2015, 03:26:22 PM
...No bulls left, no restistance, no hope. See you at double digits.
But while there's moonlight and music and love and romance
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