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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33180. (Read 26711220 times)

member
Activity: 112
Merit: 10
Funny people who thought we had enough momentum to break 100.
hero member
Activity: 518
Merit: 500
The current target of the Bitcoin price is...

hero member
Activity: 518
Merit: 500
Is that the mighty buy high sell low that everyone is talking about?  Tongue

Yes, I talk about that 'get rich' scheme  Grin
full member
Activity: 238
Merit: 100
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.


The market will ultimately be saturated by people with access to free power.
sr. member
Activity: 434
Merit: 250
Last chance to sell in triple digits?  Tongue

...or sell @50 and drink russian vodka

Is that the mighty buy high sell low that everyone is talking about?  Tongue
hero member
Activity: 518
Merit: 500
Last chance to sell in triple digits?  Tongue

...or sell @50 and drink vodka.

BTW, Welcome to the show!
sr. member
Activity: 434
Merit: 250
Last chance to sell in triple digits?  Tongue
legendary
Activity: 1764
Merit: 1007
While German news that Bitcoin can be cashed out after one year of holding (instead of paying 25% of taxes) is a bullish news for me, it could also mean that people that were thinking about sneaking out their early adopter coins now openly sell them via gox which would be bearish. Make of it what you want, for me it's definitely mid term bullish.

kräht der gockel auf'm mist, ändert sich's wetter oder bleibt wie's ist  Grin
sr. member
Activity: 350
Merit: 250
This account was recently hacked
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
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1458
Merit: 1006
legendary
Activity: 896
Merit: 1000
Down we go! 100.10!

4k+ sell!
sr. member
Activity: 434
Merit: 250
full member
Activity: 202
Merit: 100
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.  
hero member
Activity: 980
Merit: 1001
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.
sr. member
Activity: 434
Merit: 250
Someone's flexing his Bitcoin muscle.  Tongue

legendary
Activity: 896
Merit: 1000
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.
sr. member
Activity: 266
Merit: 250
Less than 6k to 100 and dropping...
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3150
Merit: 2185
Playgram - The Telegram Casino
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?
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