Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25476.

Blue

sr. member

Activity: 270

Merit: 250

Quote from: EFS on September 30, 2014, 06:40:13 AM

Quote from: Totscha on September 30, 2014, 06:38:21 AM

Quote from: mmitech on September 30, 2014, 06:34:00 AM

Quote from: Blue on September 30, 2014, 06:32:09 AM

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

supposedly I really know how to read it.

+1

A ni hecno, ko folk misli, da ga boš kar razumel, če v svojem jeziku pišeš... Wink

What's that supposed to mean? We don't talk our native languages here.

obviously it´s about jesus and the fishes [jeziku pišeš]

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

People, I think it's happening.
We are starting the next bubble!

EFS

staff

Activity: 3934

Merit: 2224

Crypto Swap Exchange

Quote from: Totscha on September 30, 2014, 06:38:21 AM

Quote from: mmitech on September 30, 2014, 06:34:00 AM

Quote from: Blue on September 30, 2014, 06:32:09 AM

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

supposedly I really know how to read it.

+1

A ni hecno, ko folk misli, da ga boš kar razumel, če v svojem jeziku pišeš... Wink

What's that supposed to mean? We don't talk our native languages here.

Totscha

hero member

Activity: 1276

Merit: 622

Quote from: mmitech on September 30, 2014, 06:34:00 AM

Quote from: Blue on September 30, 2014, 06:32:09 AM

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

supposedly I really know how to read it.

+1

A ni hecno, ko folk misli, da ga boš kar razumel, če v svojem jeziku pišeš... Wink

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: Blue on September 30, 2014, 06:32:09 AM

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

Does it say be a good communist blah blah blah blah ?

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Blue on September 30, 2014, 06:32:09 AM

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

supposedly I really know how to read it.

Blue

sr. member

Activity: 270

Merit: 250

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

well just read the 2nd line under the pic

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

The poor chap probably has ~~a learning disability.~~ Alzheimer's

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: mmitech on September 30, 2014, 06:13:25 AM

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

+1

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: pandacoin on September 30, 2014, 05:51:18 AM

So what are we going to see after ASIC era?

BSIC?

As in I looked at the Bitcoin price today and I wanted to Be SICk

I think it might be all of the C UNiTS.

pandacoin

legendary

Activity: 1554

Merit: 1000

Quote from: Hunyadi on September 30, 2014, 05:53:01 AM

Quote from: pandacoin on September 30, 2014, 05:51:18 AM

So what are we going to see after ASIC era?

http://gizmodo.com/mining-bitcoin-with-pencil-and-paper-1640353309

I don't think it's the new era. It's the oldest era. Wink

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: Pala_00 on September 30, 2014, 06:11:39 AM

I don't get why you keep posting the same pictures ?

Pala_00

hero member

Activity: 728

Merit: 500

hdbuck

legendary

Activity: 1260

Merit: 1002

Quote from: Searing on September 30, 2014, 05:57:52 AM

Quote from: mmitech on September 30, 2014, 05:55:07 AM

Quote from: madmat on September 30, 2014, 05:45:50 AM

Quote from: mmitech on September 30, 2014, 05:42:40 AM

Quote from: Darkmatter12 on September 30, 2014, 05:40:09 AM

Quote from: itod on September 30, 2014, 05:31:49 AM

It's happening. Negative difficulty:

Go grab some money: http://bitbet.us/bet/1040/bitcoin-difficulty-to-fall-before-november/

Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)

it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.

There is nothing to replace ASIC. Old asic are replaced by new ones, but asic is still in the game.

the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.

let the cloud hashing in large data farms now commence....let the fleecing begin! the top is being wound up for the next spiral up as we speak imho

yup, large mining farms corporatives will take on. welcome in the Exahash Era Cool

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

Totscha

hero member

Activity: 1276

Merit: 622

Quote from: findftp on September 30, 2014, 05:46:49 AM

Quote from: mmitech on September 30, 2014, 05:42:40 AM

Quote from: Darkmatter12 on September 30, 2014, 05:40:09 AM

Quote from: itod on September 30, 2014, 05:31:49 AM

It's happening. Negative difficulty:

Go grab some money: http://bitbet.us/bet/1040/bitcoin-difficulty-to-fall-before-november/

Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)

it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.

It could also be related by the feds disconnecting the Butterfly labs mining rigs.

That's actually very likely. Together with some old unprofitable farms being shut down...

I don't understand how people call this the end of the ASIC era??? It's just a sign that the crazy diff growth is slowing down... No wonder the price jumps like a rabbit on speed if people panic about totally normal events like this Wink

madmat

legendary

Activity: 966

Merit: 1000

Quote from: mmitech on September 30, 2014, 05:55:07 AM

Quote from: madmat on September 30, 2014, 05:45:50 AM

Quote from: mmitech on September 30, 2014, 05:42:40 AM

Quote from: Darkmatter12 on September 30, 2014, 05:40:09 AM

Quote from: itod on September 30, 2014, 05:31:49 AM

It's happening. Negative difficulty:

Go grab some money: http://bitbet.us/bet/1040/bitcoin-difficulty-to-fall-before-november/

Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)

it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.

There is nothing to replace ASIC. Old asic are replaced by new ones, but asic is still in the game.

the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.

Thanks for this detailed answer. I think you are right. Big steps are over, and only little ones are to be expected.

Hunyadi

legendary

Activity: 1281

Merit: 1000

☑ ♟ ☐ ♚

Quote from: mmitech on September 30, 2014, 05:55:07 AM

the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.

Good explanation. Lots of money was going to mining gear. Perhaps, now those funds will go directly to bitcoin.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: mmitech on September 30, 2014, 05:55:07 AM

Quote from: madmat on September 30, 2014, 05:45:50 AM

Quote from: mmitech on September 30, 2014, 05:42:40 AM

Quote from: Darkmatter12 on September 30, 2014, 05:40:09 AM

Quote from: itod on September 30, 2014, 05:31:49 AM

It's happening. Negative difficulty:

Go grab some money: http://bitbet.us/bet/1040/bitcoin-difficulty-to-fall-before-november/

Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)

it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.

There is nothing to replace ASIC. Old asic are replaced by new ones, but asic is still in the game.

the end of the ASIC era means that the race of buying the new ASICs in order to be the first to profit has came to an end...we always discussed that there will be an end to this race when Moree's law is actual, the first ASIC was an avalon 90nm and AM 120nm the second was a BFL 65nm at the time the 28nm technology was available in market but not as a Bitcoin ASIC, so naturally people raced to build an ASIC as efficient as possible, but Moree's law suggest that when we hit the 22nm (the available technology today) the network will stabilize because there will be no technology improvement for some time (2 years) unless the price sky rocket so people bring more hashing power but the same technology online.

let the cloud hashing in large data farms now commence....let the fleecing begin! the top is being wound up for the next spiral up as we speak imho

mmitech

legendary

Activity: 1148

Merit: 1001

things you own end up owning you

Quote from: findftp on September 30, 2014, 05:46:49 AM

Quote from: mmitech on September 30, 2014, 05:42:40 AM

Quote from: Darkmatter12 on September 30, 2014, 05:40:09 AM

Quote from: itod on September 30, 2014, 05:31:49 AM

It's happening. Negative difficulty:

Go grab some money: http://bitbet.us/bet/1040/bitcoin-difficulty-to-fall-before-november/

Can someone explain to me what negative difficulty means, is it good or bad?(total noob here)

it only means it is decreasing instead of increasing, this means that older mining machines are going offline for not being profitable anymore, this is not bad, this is the end of the ASIC era.

It could also be related by the feds disconnecting the Butterfly labs mining rigs.

yes, I forgot about that possibility.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25476. (Read 26607901 times)