Time to declare single digits history? 
Haven't you learned your lesson?
Given recent history I think it's more likely we're going to see some big selloffs in the near future. It's like deja-vu
Edit: this chart is what I'm seeing...
Topic: Wall Observer - MtGoxUSD wall movement tracker - page 972. (Read 1811594 times)
Haven't you learned your lesson?
Given recent history I think it's more likely we're going to see some big selloffs in the near future. It's like deja-vu
Edit: this chart is what I'm seeing...
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.That spike is just normal variance...
Time to declare single digits history?
Haven't you learned your lesson?
Time to declare single digits history?
Haven't you learned your lesson?
Time to declare single digits history?
Looks like at the very least a near term bull is forming
Looks like Mr. M just kicked this thing into life again
Cool. I need to sell mined coins again. Fresh cash to buy my buttcoins.
Looks like Mr. M just kicked this thing into life again
the difficulty spike up if there are allot of lucky blocks in a short amount of time if in one hours there are 7 blocks you get a spike because it look like there is more power in the network you should look at 1 week average
I dunno about the rest of you but i look at the red line on the graph and not the others....
the difficulty spike up if there are allot of lucky blocks in a short amount of time if in one hours there are 7 blocks you get a spike because it look like there is more power in the network you should look at 1 week average
This is true, though I think it's a combination of luck/new rigs. I've rarely seen 8 blocks/hour in the last few months, and difficulty is set to spike quite a bit so overall power for the period has been consistently up.
the difficulty spike up if there are allot of lucky blocks in a short amount of time if in one hours there are 7 blocks you get a spike because it look like there is more power in the network you should look at 1 week average
I would guess fpga and final gpus are bringing up diff. Not asics....
Asic boom will not be for two months at least and you will easily notice it.
Asic boom will not be for two months at least and you will easily notice it.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
No, it IS bound to the market price. As long as the mining is profitable the difficulty will rise. And current bitcoin price is still VERY profitable for miners. Therefore more hardware is coming online each day. There is no perfect correlation because buying more hardware takes some time and there is risk of prices going down but in general correlation is obvious.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.
The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
Actually they do get more in the sense that they get more then Bitcoin is designed to give out on avarage in the same period of time. So while yes, suddenly someone with a lot of hashing power couldn't get any more bitcoins that are meant to be released by the algorithm they would however get more bitcoins than what the rest of the networks previously got in the same period of time before the difficulty readjusts. But after that happens, then you'd be right again.
True. But 1016 * 50BTC / x / 2 = should not be enough for a single entity to have a great effect on MtGox prices. (Target * block reward / (x<51%) / 2 weeks )
That is also true.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.
The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
Actually they do get more in the sense that they get more then Bitcoin is designed to give out on avarage in the same period of time. So while yes, suddenly someone with a lot of hashing power couldn't get any more bitcoins that are meant to be released by the algorithm they would however get more bitcoins than what the rest of the networks previously got in the same period of time before the difficulty readjusts. But after that happens, then you'd be right again.
True. But 1016 * 50BTC / x / 2 = should not be enough for a single entity to have a great effect on MtGox prices. (Target * block reward / (x<51%) / 2 weeks )
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.
The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
Actually they do get more in the sense that they get more then Bitcoin is designed to give out on avarage in the same period of time. So while yes, suddenly someone with a lot of hashing power couldn't get any more bitcoins that are meant to be released by the algorithm they would however get more bitcoins than what the rest of the networks previously got in the same period of time before the difficulty readjusts. But after that happens, then you'd be right again.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
Thats what I am hoping.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde.The last weeks showed us clearly that the mining difficulty is not bound to the market price. And if someone has "so much hash power" it does not mean he gets 'so much more' BTC it usually means everybody gets less BTC. And this is not even a spike, maybe just another botnet-operator who found out about btc mining.
That spike either is a whole new mining operation coming online or a couple ASICs being used, either way someones going to have a bunch of btc to dump or hopefully horde. 
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