Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32833.

MickeyT2008

sr. member

Activity: 350

Merit: 250

This account was recently hacked

Quote from: Nightowlace on June 27, 2013, 07:24:54 PM

I just read the article about the DEA busting a silkroad dealer and how they "seized a sizable wallet containing 11.02 bitcoins"

I laughed.

I doubt they seized his wallet, more like that's how much he gave them when they pretended to be a seller and they refused to give it back - either that or he handed it over. The DEA don't have the ability to seize someone's BTC wallet

ChartBuddy

legendary

Activity: 2268

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

elux

legendary

Activity: 1458

Merit: 1006

o_O

derpinheimer

legendary

Activity: 896

Merit: 1000

Down we go! 100.10!

4k+ sell!

Frozenlock

sr. member

Activity: 434

Merit: 250

Here we go. Grin

ag@th0s

full member

Activity: 202

Merit: 100

Quote from: Voodah on June 27, 2013, 06:31:49 PM

Quote from: derpinheimer on June 27, 2013, 06:26:10 PM

Yeah, its still profitable to run them at a $50 exchange rate. GPU miners will probably shut down though - helping slow the rate of difficulty increasing, and helping out the ASICs a bit.

I disagree on that. I'm certain all currently ordered miner devices would instantly become unprofitable.

I was talking more about ASIC companies themselves. Can they handle a correction; fabricate and sell at a 50% discount and remain profitable?

Agree - "Can they handle a correction" - I don't think so.

Nightowlace

hero member

Activity: 980

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I just read the article about the DEA busting a silkroad dealer and how they "seized a sizable wallet containing 11.02 bitcoins"

I laughed.

Frozenlock

sr. member

Activity: 434

Merit: 250

Someone's flexing his Bitcoin muscle. Tongue

derpinheimer

legendary

Activity: 896

Merit: 1000

Quote from: Voodah on June 27, 2013, 07:11:08 PM

Less than 6k to 100 and dropping...

Downward pressure is growing [relatively] quickly. Its all on moderately low volume, but asks on 102 are moving down.

A 3k buy only pushes us up $1.

Voodah

sr. member

Activity: 266

Merit: 250

Less than 6k to 100 and dropping...

ChartBuddy

legendary

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

HeRetiK

legendary

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Playgram - The Telegram Casino

Quote from: Voodah on June 27, 2013, 06:31:49 PM

Quote from: derpinheimer on June 27, 2013, 06:26:10 PM

Yeah, its still profitable to run them at a $50 exchange rate. GPU miners will probably shut down though - helping slow the rate of difficulty increasing, and helping out the ASICs a bit.

I disagree on that. I'm certain all currently ordered miner devices would instantly become unprofitable.

I was talking more about ASIC companies themselves. Can they handle a correction; fabricate and sell at a 50% discount and remain profitable?

Avalon has already made a fortune.

AM also already made their fair share and their recent cut in pricing (50% for USB Miners) shows that once R&D has paid off there's a rather wide margin.

BFL... well, lets not talk about BFL.

Metabank's Bitfury Miners are tacked to fiat.

Same for KncMiner.

Did I miss one?

Voodah

sr. member

Activity: 266

Merit: 250

Quote from: derpinheimer on June 27, 2013, 06:26:10 PM

Yeah, its still profitable to run them at a $50 exchange rate. GPU miners will probably shut down though - helping slow the rate of difficulty increasing, and helping out the ASICs a bit.

I disagree on that. I'm certain all currently ordered miner devices would instantly become unprofitable.

I was talking more about ASIC companies themselves. Can they handle a correction; fabricate and sell at a 50% discount and remain profitable?

derpinheimer

legendary

Activity: 896

Merit: 1000

Yeah, its still profitable to run them at a $50 exchange rate. GPU miners will probably shut down though - helping slow the rate of difficulty increasing, and helping out the ASICs a bit.

Voodah

sr. member

Activity: 266

Merit: 250

What happens to the ASIC mining industry if the price goes below 50?

Is it still sustainable? They (ASIC makers) operate at huge margin right now.. right?

wonkytonky

sr. member

Activity: 411

Merit: 250

Quote from: seldon on June 27, 2013, 06:04:35 PM

We seem to be getting closer to 100 again - wonder if there will be another big guy right before, putting is back in the 105-110`s. Would cost a whole lot of $$ this time, with current walls

true..

but the guys putting up them coins at ask side (looks like someone is trying to silently make ask wall bigger with the 125 asks,) might not want to sell and will have to buy back at higher price .. if some big big guy starts buying it all up..

i have no idea these days though.;

i feel bullish for some reason.. there no logic to it.. lets hope i'm right

seldon

sr. member

Activity: 353

Merit: 250

We seem to be getting closer to 100 again - wonder if there will be another big guy right before, putting is back in the 105-110`s. Would cost a whole lot of $$ this time, with current walls

ChartBuddy

legendary

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derpinheimer

legendary

Activity: 896

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You wouldnt do it by beating your own asks by 10 cents even when the previous one was

1) The cheapest already
2) Being bought into

Frozenlock

sr. member

Activity: 434

Merit: 250

I do the same thing.

Spread my orders, go outside to get some sun.

If after a day or two only some positions have been eaten, reinforce them.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32833. (Read 26468516 times)