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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8966. (Read 26610026 times)

legendary
Activity: 1652
Merit: 4393
Be a bank
Mighty green dildo:
Power on through the night. Need
Pesos in the morn.


still paying off on the girl's titties?
legendary
Activity: 3374
Merit: 4738
diamond-handed zealot
legendary
Activity: 2184
Merit: 1213
How much must one bitcoin cost after halving to cover mining costs? Let's say in USA.

All factors being equal... one could say double than now (ie: $6Kx2=$12K). But factors are not and won't be equal. Hashrate, electricity cost, efficiency of new miners, cost of those new miners, overhead business costs, etc etc.... and more importantly which part of supply/FREE FLOAT is determined by mining sales.

In the end it all reduces to supply and demand... and mining is just a part of that supply.

Any PANIC/capitulation or FOMO/euforia phase can make mining costs completely somewhat irrelevant and disjointed from actual market price, at least in the short/medium term.

In other words, hard to predict accurately and somewhat irrelevant for most purposes.



I am just thinking of a scenario where wales decide to get out before halving and the price drops that much that mining is not worth it anymore and bitcoin dies. Not sure if I should get out at these prices and start living...
legendary
Activity: 2968
Merit: 1895
The adoption will be massive in a very short time, since 50% of financial professionals believe that Bitcoin will surpass S&P 500 in 2020

Quote
According to a study carried out by Chainalysis, a cryptocurrency data analysis firm, across 350 professionals in the finance industry, 48.6% of them believe BTC will outshine S&P 500 index in growth rate in the next 12 months. Comparative to Bloomberg Barclays bond index, the housing index and equities, BTC emerged the favorite asset choice for the financial professionals in the short term.


Source: https://www.coinness.com/news/455282




I would agree with those pros, at least in this case.  

Further, I think that BTC will outperform equities which will outperform bonds which will outperform housing.  

Our lil ol family has just enough housing we own, and I think bonds may WAY underperform (as at some point interest rates will go up).

Chainalysis did not put gold as one of their choices I would note...  Smiley



EDIT:  Nor did Chainalysis mention that paying down DEBT is an investment too (where else are you going to "get" a savings of up to 18% (interest on credit card debt) that you would not pay in the future by unburdening yourself of credit card debt).  Debt is a killer if unwary.

EDIT 2:  Not an expert in much of the above.  Note that I have been wrong all three times I have participated in infofront's polls...
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!


Just saw that bump up.  Just over $9000 (preev.com) moments ago.

Wonder what's up?

10K.....

We will go K by K Smiley
legendary
Activity: 2968
Merit: 1895
BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!


Just saw that bump up.  Just over $9000 (preev.com) moments ago.

Wonder what's up?
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
The adoption will be massive in a very short time, since 50% of financial professionals believe that Bitcoin will surpass S&P 500 in 2020

Quote
According to a study carried out by Chainalysis, a cryptocurrency data analysis firm, across 350 professionals in the finance industry, 48.6% of them believe BTC will outshine S&P 500 index in growth rate in the next 12 months. Comparative to Bloomberg Barclays bond index, the housing index and equities, BTC emerged the favorite asset choice for the financial professionals in the short term.


Source: https://www.coinness.com/news/455282

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
Good morn Bitcoinland.
Ninety ninety-three dollars.
(Bitcoinaverage).

Barted right back up
To where it was on Wednesday
That didn't take long.
legendary
Activity: 1834
Merit: 1520
Making bitcoin volatile again.
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.


^
BoB's gonna like this morning  Kiss  #no
legendary
Activity: 2422
Merit: 1191
Privacy Servers. Since 2009.
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
After the 83BTC on ONE single buy on finex like 5-10 minutes ago, it was obvious something was cooking Tongue
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
BIG, GREEN dildo incoming!!!

Contrary to popular belief, it's the length, not the thickness that matters!
legendary
Activity: 1862
Merit: 1530
Self made HODLER ✓
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
hero member
Activity: 1132
Merit: 536
Can you guys feel the bullishness in the air or is it just me?

- Bitcoin in the media
- Friends slowly starting to ask about it
- The halvening
- Bears becoming buyers
- Institutions getting involved daily

Something big is coming

https://twitter.com/CharlesTheETH/status/1193247653594689536?s=20

we are waiting for this big thingy to come in last few months, but as i had wrote multiple times in last few weeks that november bitcoin will be hot topic around the markets, we just need to wait  a bit longer and see if that happens,

personally i dont expect much, but rumors can always make movements that we dont even expect
legendary
Activity: 2716
Merit: 13505
BTC + Crossfit, living life.
Can you guys feel the bullishness in the air or is it just me?

- Bitcoin in the media
- Friends slowly starting to ask about it
- The halvening
- Bears becoming buyers
- Institutions getting involved daily

Something big is coming

https://twitter.com/CharlesTheETH/status/1193247653594689536?s=20
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