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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33734. (Read 26462607 times)

sr. member
Activity: 280
Merit: 250
Haha, that was fun to be a part of  Smiley
member
Activity: 84
Merit: 10
Just eating that wall at 120.  Holy crap.
full member
Activity: 168
Merit: 100
$119.99 again... Will we bounce to $105 again this time? No sir.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
legendary
Activity: 840
Merit: 1000
Heading for attempt two at $120 wall?
It will be a couple hours before this triangle is finished and then 120 is in danger!  Grin
hero member
Activity: 900
Merit: 1014
advocate of a cryptographic attack on the globe
Does anyone here worry about the concentration of hash power? 6 of the last 7 blocks have been found by BTC Guild. This is beginning to worry me.
No. They were found by miners of that pool, not the pool itself. If the pool misbehaves (the blocks contain only transactions with high fees or the blocks contain no transactions at all etc.) these miners will switch within hours.
I wonder though why the first ASIC miners are not solo mining. Damn you can afford to do it with a block found on average within hours.
Check the ASICMINER thread. They still want to reduce variance some.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
Bears getting owned.

legendary
Activity: 840
Merit: 1000
I figured a triangle was forming and it is getting clearer now. I'd imagine we'll drop down to 115ish next, do the zigzag for a number of hours.
newbie
Activity: 56
Merit: 0
Heading for attempt two at $120 wall?

Yeap - time to come a'knockin'
legendary
Activity: 1862
Merit: 1105
WalletScrutiny.com
Does anyone here worry about the concentration of hash power? 6 of the last 7 blocks have been found by BTC Guild. This is beginning to worry me.
No. They were found by miners of that pool, not the pool itself. If the pool misbehaves (the blocks contain only transactions with high fees or the blocks contain no transactions at all etc.) these miners will switch within hours.
I wonder though why the first ASIC miners are not solo mining. Damn you can afford to do it with a block found on average within hours.
sr. member
Activity: 686
Merit: 250
Does anyone here worry about the concentration of hash power? 6 of the last 7 blocks have been found by BTC Guild. This is beginning to worry me.
legendary
Activity: 1862
Merit: 1105
WalletScrutiny.com
FTFY  Cheesy



Hilarious Smiley I saw the pic and was so irritated by the same error that I was about to fix it, too Wink
hero member
Activity: 560
Merit: 500
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Bitcoin adoption is often compared to the internet. But imagine if the internet arrive and everyone already had quad core computers and fiber to the home. That's more what it's like.
The internet rules! Bitcoin was fashionably late, but now we can really get the party going!
legendary
Activity: 1792
Merit: 1111
hero member
Activity: 560
Merit: 500
Looks like we've found a battleground.

full member
Activity: 196
Merit: 100
The bears are resisting pretty well the 120 wall. Even pushing down the price.
newbie
Activity: 32
Merit: 0
yeah...

not sure where this is coming from

april 20th is just about here? um ... people that forget things just remembered and are getting some bitcoins for purchasing goods??
legendary
Activity: 2534
Merit: 2245
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Bitcoin adoption is often compared to the internet. But imagine if the internet arrive and everyone already had quad core computers and fiber to the home. That's more what it's like.
sr. member
Activity: 260
Merit: 250
I don't know whether to be happy about this rise. It is beginning to feel like early April, and we all know how that ended! (assuming that it has really ended, lol).

While it will be a little while before we know exactly how it ended, we are beginning to see hints at least.   There was a media storm that increased exposure to unfathomable levels.  The bids are way above what they were before the "crash".   I've never seen so many people on twitter asking about bitcoin.   Google searches are sky high.   Bottom line is it will "bubble" again, but people should be a little more experienced and won't be as quick to panic.   Each "bubble" will land a little softer, and eventually, we should see some of the volatility diminish.  Probably years from now . . .
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