So we have ranged between 43k and 62k for 40+ days.
well from 2/8 to 3/22 is 42 days.
so if you use that as the range we are closer to the top number 62 and not the bottom number.
For me as a miner it is stupid good to stay in this range as long as we can.
It simply looks sideways with an upwards tick.
Much like a banana looks more like a banana than anything else.
We can read what ever we want but this is what I see.
O.k. It seems that we largely agree about what we see, but surely have differing ways of attempting to describe it and also differing ways of anticipating what remains probable, possible and/or likely to happen next.. and yeah, none of us have a crystal ball exactly, but it does remain important to consider both macro circumstances in which ongoingly peeps (including new ones) are getting into bitcoin (retail, already richie peeps and institutions) and also that since about September the "banana" or whatever you want to call it has been "happening." So, yeah there might be a number of days or weeks or even close to month gaps between each time that king daddy has been touching upon new ATHs (starting since about November/December). So, yeah, it seems important to consider when the last time an ATH had been reached and surely are we going to have another ATH soon tm.. or are we going to coil for a while before attempting to strike the ATH again. or are we going to trickle down for a bit and have a correction... So, yeah, I will also quibble with you a bit too Phillip in regards to your using $43k as a kind of measuring point in terms of the "range" that we are in, currently... because sure, at one point $43k was a place that we had needed to break above but we clearly broke above it about 6 weeks ago, and whether that price point really has any significant meaning at this time, besides being pulled out of your ass (hahahahahahaha), seems to remain a question future happenings rather than something that is actually grounded in the current dynamics of our lil king daddy fiend.. sure something might happen in regards to $43k... but something might happen in regards to $20k, too.. .. but still $20k seems to have about as much important as your seemingly randomly selected $43k.. in my humble bumble opinion. By the way, I will admit that my use of $52k/$53k as the bottom of our current price range may also seem a wee bit random, and sure such range (or bottom of the current range) does seem to me to be a bit of a moving target, and likely more measureable from how far we have gone UPpity and how fast we have gone UPpity rather than attempting to measure from where we had been and whether those earlier price points might be relevant at this time.. and yeah we may well come to differing assessments regarding relevancy of earlier price points that we had crossed and the way in which we had crossed those earlier price points (suggesting whether there might be some kind of need or compelling inclination to retest them once BTC's price momentum starts to go in that direction). To me, it does seem that when we are at the top of any price range that we happen to be in that is making new ATHs on a fairly regular basis, then anything less than around 15% price corrections (calculating from whatever latest ATH may have happened to hit) seem to be largely noise.... and going beyond 15%, such as going to $43k (which is 30%-ish) seems to be somewhat random in terms of whether BTC is likely to correct to that particular level or some other level, and surely historically we have seen all kinds of percentages of corrections that do not necessarily magically hover around 30%, even if that might feel like a nice random correction level to select.. but in the end, we could get a price correction that is anything from 15% to 60% and then end up hovering somewhere in the middle of that correction area and not even hovering at one point before dee kingie either decides to resume UPpity or decides that there is not enough buy support to keep it going UP or to even keep it flat and we end up in some longer period of DOWNity (or flat that is somewhere within a much greater than 15% correction place.. and perhaps in a 30% or even ending up in a greater than 50% correction area). Of course, currently, many of us are considering that any BTC price correction greater than 50% is not very likely in the coming 3-18 months (apart from a flash dip).. given the ongoing macros and other factors already mentioned... so yeah, 30% may be a fair round about range to consider.. even though seemingly somewhat random in terms of attempting to figure out 1) where we are at, 2) how we got here and 3) where we might end up going, somewhat based on the first two. Probably I have ruffled you enough for now.. hahahahahahaha.. #nohomoI had to read this a few times. The 43k bottom I picked was the rise point of a really big candle back on feb 8. We have not dropped below that point and meandered upwards slowly but surely since then. Your 52/53 floor works but tightens the time line more then I would do to say essentially what you are saying. The chart a few above by sayeds56 gives a more visual impact of what I am describing. |
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Aren't you forgetting about the British Pound? It lost a lot of value over the year but I don't think it ever went to 0.
Even if we changed it to 99% of fiat money crashes every 300 years, does it mean we have to wait for it to happen? The Lira is dying as we speak but it won't make people lose everything if they get rid of it and invest.
So 1720 the pound had a value of above zero 2021 the pound has a value of above zero. So topic title is false. Maybe switzerland 🇨🇭 has also done it. Not sure about any other place. Maybe not the swiss. looks like the swiss franc dates to 1798. Usd dates to maybe 1781 not 1776. but the pound certainly makes title wrong. |
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PRICE IS FAR TOO LOW
so = scam
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So we have ranged between 43k and 62k for 40+ days.
well from 2/8 to 3/22 is 42 days.
so if you use that as the range we are closer to the top number 62 and not the bottom number.
For me as a miner it is stupid good to stay in this range as long as we can.
It simply looks sideways with an upwards tick.
Much like a banana looks more like a banana than anything else.
We can read what ever we want but this is what I see.
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Stupid cheap is my saying.
or penny wise and pound foolish .
I have multiple trezors.
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Hi Guys i would like some opinions, in this drop how low can btc go before it starts going up again , any idea what is the resistance or what could the bottom floor be for it ? I was hoping around 40-42k but it seems that it does not want to go below 47k , what do you think ? Thank you
I think you simply are imagining a drop. look at this set of numbers Bitflyer/
BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
------------------------ ----------------------- ----------------------- ----------------------- --------------------------
1 2021-03-14 60,429 | 1 2021-03-14 43,393 | 1 2021-03-14 50,051 | 1 2021-03-14 75,149 | 1 2021-03-14 6,587,252
2 2021-03-13 59,670 | 2 2021-03-13 42,582 | 2 2021-03-20 49,504 | 2 2021-03-13 73,928 | 2 2021-03-13 6,426,156
3 2021-03-20 58,820 | 3 2021-03-20 42,417 | 3 2021-03-13 49,242 | 3 2021-03-20 73,622 | 3 2021-03-20 6,414,744
4 2021-03-18 58,585 | 4 2021-03-19 41,948 | 4 2021-03-18 49,110 | 4 2021-03-19 72,970 | 4 2021-03-18 6,385,655
5 2021-03-19 58,307 | 5 2021-03-18 41,900 | 5 2021-03-19 48,964 | 5 2021-03-18 72,910 | 5 2021-03-19 6,338,654
6 2021-03-21 57,207 | 6 2021-03-15 40,879 | 6 2021-03-21 48,058 | 6 2021-02-21 72,036 | 6 2021-03-15 6,280,106
7 2021-02-21 57,157 | 7 2021-03-21 40,871 | 7 2021-03-15 47,739 | 7 2021-03-21 71,380 | 7 2021-03-21 6,230,964
8 2021-03-15 57,136 | 8 2021-02-21 40,712 | 8 2021-03-12 47,450 | 8 2021-03-15 71,301 | 8 2021-03-12 6,179,428
9 2021-03-12 56,711 | 9 2021-03-12 40,701 | 9 2021-02-21 47,241 | 9 2021-03-12 71,114 | 9 2021-03-17 6,142,517
10 2021-03-11 56,338 | 10 2021-03-11 40,558 | 10 2021-03-17 47,187 | 10 2021-02-20 71,053 | 10 2021-03-11 6,090,744
11 2021-02-20 56,335 | 11 2021-03-10 40,235 | 11 2021-03-11 47,087 | 11 2021-03-11 70,901 | 11 2021-02-21 6,024,822
12 2021-03-17 56,333 | 12 2021-02-20 40,183 | 12 2021-03-10 46,739 | 12 2021-03-10 70,417 | 12 2021-03-16 6,021,222
13 2021-03-10 55,654 | 13 2021-03-17 40,003 | 13 2021-03-16 46,331 | 13 2021-03-17 70,321 | 13 2021-03-10 5,992,742
14 2021-03-16 55,052 | 14 2021-03-16 39,558 | 14 2021-02-20 46,287 | 14 2021-03-16 68,931 | 14 2021-02-20 5,941,208
15 2021-03-09 53,979 | 15 2021-03-09 38,962 | 15 2021-03-09 45,389 | 15 2021-03-09 68,394 | 15 2021-03-09 5,853,390
16 2021-02-19 53,880 | 16 2021-02-19 38,566 | 16 2021-02-19 44,248 | 16 2021-02-19 67,835 | 16 2021-02-22 5,706,591
17 2021-02-22 53,588 | 17 2021-02-22 37,343 | 17 2021-02-22 44,138 | 17 2021-02-22 67,397 | 17 2021-02-19 5,645,508
18 2021-02-18 51,850 | 18 2021-02-18 37,093 | 18 2021-02-18 42,953 | 18 2021-02-18 65,998 | 18 2021-03-08 5,507,543
19 2021-02-17 51,000 | 19 2021-02-17 36,970 | 19 2021-03-08 42,813 | 19 2021-02-17 64,933 | 19 2021-02-18 5,486,951
20 2021-03-03 50,862 | 20 2021-03-03 36,557 | 20 2021-03-07 42,294 | 20 2021-03-08 64,726 | 20 2021-03-07 5,432,430
21 2021-03-08 50,856 | 21 2021-03-08 36,537 | 21 2021-02-17 42,294 | 21 2021-03-07 64,204 | 21 2021-03-03 5,429,924
22 2021-03-07 50,422 | 22 2021-03-07 36,432 | 22 2021-03-03 42,089 | 22 2021-03-03 64,103 | 22 2021-02-17 5,382,070
23 2021-02-24 49,869 | 23 2021-03-04 35,343 | 23 2021-02-24 41,179 | 23 2021-03-04 62,826 | 23 2021-03-04 5,315,309
24 2021-02-25 49,832 | 24 2021-02-14 35,325 | 24 2021-03-04 41,141 | 24 2021-02-25 62,502 | 24 2021-02-25 5,306,506
25 2021-03-04 49,267 | 25 2021-02-25 35,139 | 25 2021-02-25 40,886 | 25 2021-02-24 62,495 | 25 2021-02-24 5,279,242
26 2021-02-16 48,997 | 26 2021-02-16 35,036 | 26 2021-03-06 40,599 | 26 2021-02-14 62,046 | 26 2021-03-06 5,229,464
27 2021-02-14 48,746 | 27 2021-03-06 34,867 | 27 2021-02-16 40,445 | 27 2021-02-16 61,955 | 27 2021-03-02 5,206,059
28 2021-03-02 48,588 | 28 2021-03-02 34,819 | 28 2021-03-02 40,389 | 28 2021-03-02 61,528 | 28 2021-03-05 5,167,361
29 2021-02-23 48,392 | 29 2021-02-24 34,781 | 29 2021-02-14 40,324 | 29 2021-03-06 61,520 | 29 2021-02-16 5,162,652
30 2021-03-06 48,292 | 30 2021-02-23 34,600 | 30 2021-03-05 39,947 | 30 2021-03-01 60,896 | 30 2021-02-23 5,117,477
31 2021-03-01 47,992 | 31 2021-03-05 34,559 | 31 2021-03-01 39,672 | 31 2021-03-05 60,815 | 31 2021-02-14 5,102,687
32 2021-03-05 47,653 | 32 2021-02-12 34,454 | 32 2021-02-23 39,664 | 32 2021-02-23 60,712 | 32 2021-03-01 5,058,139
33 2021-02-12 47,548 | 33 2021-02-15 34,390 | 33 2021-02-15 39,350 | 33 2021-02-12 60,686 | 33 2021-02-27 5,020,172
34 2021-02-15 47,515 | 34 2021-03-01 34,348 | 34 2021-02-12 39,318 | 34 2021-02-15 60,532 | 34 2021-02-15 5,007,391
35 2021-02-13 47,122 | 35 2021-02-13 34,184 | 35 2021-02-13 39,068 | 35 2021-02-13 60,301 | 35 2021-02-12 4,993,437
36 2021-02-27 46,952 | 36 2021-02-11 34,035 | 36 2021-02-27 39,005 | 36 2021-02-27 60,052 | 36 2021-02-13 4,974,107
37 2021-02-11 46,872 | 37 2021-02-09 33,771 | 37 2021-02-11 38,664 | 37 2021-02-11 59,824 | 37 2021-02-26 4,944,229
38 2021-02-09 46,705 | 38 2021-02-27 33,562 | 38 2021-02-09 38,627 | 38 2021-02-09 59,095 | 38 2021-02-09 4,889,502
39 2021-02-26 46,464 | 39 2021-02-26 33,439 | 39 2021-02-26 38,342 | 39 2021-02-26 59,066 | 39 2021-02-11 4,879,658
40 2021-02-10 45,554 | 40 2021-02-10 32,882 | 40 2021-02-10 37,629 | 40 2021-02-10 57,583 | 40 2021-02-10 4,789,692
41 2021-02-28 44,551 | 41 2021-02-28 32,069 | 41 2021-02-28 36,994 | 41 2021-02-28 56,824 | 41 2021-02-28 4,754,161
42 2021-02-08 43,069 | 42 2021-02-08 31,367 | 42 2021-02-08 35,596 | 42 2021-02-08 54,955 | 42 2021-02-08 4,442,800
43 2021-01-09 40,348 | 43 2021-01-09 29,772 | 43 2021-02-06 33,057 | 43 2021-01-09 50,984 | 43 2021-01-09 4,189,918
44 2021-01-08 39,991 | 44 2021-01-08 29,727 | 44 2021-01-09 32,844 | 44 2021-02-06 50,653 | 44 2021-02-06 4,171,680
45 2021-02-06 39,835 | 45 2021-02-06 29,056 | 45 2021-01-08 32,672 | 45 2021-01-08 49,929 | 45 2021-01-08 4,123,916
46 2021-01-14 38,606 | 46 2021-01-14 28,497 | 46 2021-02-07 32,094 | 46 2021-01-14 49,229 | 46 2021-02-07 4,075,827
47 2021-02-07 38,571 | 47 2021-01-07 28,351 | 47 2021-01-14 31,840 | 47 2021-02-07 49,117 | 47 2021-01-10 4,071,622
48 2021-01-10 38,553 | 48 2021-01-10 28,256 | 48 2021-02-05 31,422 | 48 2021-01-10 48,796 | 48 2021-01-14 4,003,206
49 2021-01-07 38,299 | 49 2021-02-07 28,094 | 49 2021-02-04 31,274 | 49 2021-02-05 48,160 | 49 2021-02-05 3,972,736
50 2021-02-05 37,729 | 50 2021-02-05 27,589 | 50 2021-01-07 30,967 | 50 2021-02-04 47,914 | 50 2021-02-04 3,943,049
51 2021-02-04 37,458 | 51 2021-02-04 27,472 | 51 2021-01-10 30,814 | 51 2021-02-03 46,962 | 51 2021-01-07 3,940,384
52 2021-01-19 36,921 | 52 2021-01-19 27,115 | 52 2021-01-16 30,544 | 52 2021-01-16 46,912 | 52 2021-01-15 3,854,972
53 2021-01-15 36,803 | 53 2021-01-16 27,040 | 53 2021-01-19 30,490 | 53 2021-01-15 46,845 | 53 2021-01-19 3,835,782
54 2021-01-16 36,797 | 54 2021-02-03 26,885 | 54 2021-01-15 30,451 | 54 2021-01-07 46,824 | 54 2021-01-16 3,827,147
55 2021-02-03 36,640 | 55 2021-01-18 26,816 | 55 2021-02-03 30,404 | 55 2021-01-19 46,766 | 55 2021-02-03 3,816,459
56 2021-01-18 36,132 | 56 2021-01-15 26,799 | 56 2021-01-18 29,906 | 56 2021-01-18 46,224 | 56 2021-01-18 3,751,618
57 2021-01-29 35,574 | 57 2021-01-17 26,104 | 57 2021-01-17 29,308 | 57 2021-01-17 45,623 | 57 2021-01-29 3,710,865
58 2021-01-17 35,389 | 58 2021-01-29 26,094 | 58 2021-01-29 29,288 | 58 2021-01-29 45,428 | 58 2021-01-17 3,677,563
59 2021-01-06 34,979 | 59 2021-01-13 25,864 | 59 2021-02-02 29,013 | 59 2021-01-13 45,194 | 59 2021-01-20 3,638,207
60 2021-01-20 34,861 | 60 2021-01-06 25,727 | 60 2021-01-13 28,893 | 60 2021-02-02 44,658 | 60 2021-02-02 3,618,369
61 2021-02-02 34,861 | 61 2021-01-20 25,549 | 61 2021-01-20 28,855 | 61 2021-01-12 44,340 | 61 2021-01-12 3,610,230
62 2021-01-12 34,778 | 62 2021-02-02 25,518 | 62 2021-01-12 28,588 | 62 2021-01-20 44,278 | 62 2021-01-13 3,589,117
63 2021-01-13 34,751 | 63 2021-01-12 25,078 | 63 2021-01-06 28,416 | 63 2021-01-30 43,629 | 63 2021-01-06 3,587,351
64 2021-01-30 33,988 | 64 2021-01-30 24,738 | 64 2021-01-30 28,051 | 64 2021-02-01 43,109 | 64 2021-01-30 3,551,718
65 2021-02-01 33,790 | 65 2021-01-03 24,548 | 65 2021-02-01 27,962 | 65 2021-01-31 42,705 | 65 2021-01-11 3,521,604
66 2021-01-11 33,575 | 66 2021-01-25 24,363 | 66 2021-01-25 27,603 | 66 2021-01-25 42,333 | 66 2021-02-01 3,511,602
67 2021-01-25 33,485 | 67 2021-01-11 24,327 | 67 2021-01-11 27,453 | 67 2021-01-11 42,223 | 67 2021-01-31 3,493,845
68 2021-01-03 33,463 | 68 2021-02-01 24,286 | 68 2021-01-31 27,403 | 68 2021-01-06 41,789 | 68 2021-01-25 3,468,615
69 2021-01-31 33,299 | 69 2021-01-31 24,222 | 69 2021-01-21 26,678 | 69 2021-01-28 41,173 | 69 2021-01-03 3,457,542
70 2021-01-05 32,341 | 70 2021-01-05 23,716 | 70 2021-01-23 26,582 | 70 2021-01-23 41,137 | 70 2021-01-21 3,363,063
71 2021-01-23 32,331 | 71 2021-01-28 23,447 | 71 2021-01-03 26,548 | 71 2021-01-26 40,734 | 71 2021-01-23 3,359,913
72 2021-01-21 32,321 | 72 2021-01-21 23,380 | 72 2021-01-05 26,417 | 72 2021-01-24 40,553 | 72 2021-01-24 3,355,909
73 2021-01-24 32,091 | 73 2021-01-26 23,362 | 73 2021-01-28 26,354 | 73 2021-01-21 40,384 | 73 2021-01-28 3,325,020
74 2021-01-26 31,995 | 74 2021-01-23 23,349 | 74 2021-01-24 26,340 | 74 2021-01-05 39,706 | 74 2021-01-26 3,313,775
75 2021-01-28 31,973 | 75 2021-01-24 23,319 | 75 2021-01-26 26,272 | 75 2021-01-27 39,583 | 75 2021-01-05 3,288,363
76 2021-01-22 31,363 | 76 2021-01-22 22,953 | 76 2021-01-22 25,923 | 76 2021-01-22 39,391 | 76 2021-01-22 3,240,591
77 2021-01-02 31,348 | 77 2021-01-02 22,890 | 77 2021-01-27 25,391 | 77 2021-01-03 39,297 | 77 2021-01-04 3,211,787
78 2021-01-04 31,099 | 78 2021-01-04 22,545 | 78 2021-01-02 25,248 | 78 2021-01-04 38,339 | 78 2021-01-27 3,211,295
79 2021-01-27 30,809 | 79 2021-01-27 22,351 | 79 2021-01-04 24,961 | 79 2021-01-02 38,298 | 79 2021-01-02 3,190,696
80 2021-01-01 29,279 | 80 2021-01-01 21,429 | 80 2021-01-01 23,880 | 80 2021-01-01 36,510 | 80 2021-01-01 2,997,708
All bear threads have very little value until we reach this level
81 2020-12-31 28,819 | 81 2020-12-31 21,084 | 81 2020-12-31 23,477 | 81 2020-12-31 36,478 | 81 2020-12-31 2,950,316
82 2020-12-30 28,179 | 82 2020-12-30 20,908 | 82 2020-12-30 22,967 | 82 2020-12-30 36,041 | 82 2020-12-30 2,894,736
83 2020-12-27 27,081 | 83 2020-12-28 20,057 | 83 2020-12-27 22,109 | 83 2020-12-27 34,731 | 83 2020-12-27 2,816,612
84 2020-12-28 26,962 | 84 2020-12-27 20,027 | 84 2020-12-28 22,033 | 84 2020-12-28 34,549 | 84 2020-12-28 2,792,686
85 2020-12-29 26,654 | 85 2020-12-29 19,829 | 85 2020-12-29 21,762 | 85 2020-12-29 34,170 | 85 2020-12-29 2,765,204
86 2020-12-26 25,613 | 86 2020-12-26 19,034 | 86 2020-12-26 20,988 | 86 2020-12-26 33,134 | 86 2020-12-26 2,628,236
87 2020-12-25 24,133 | 87 2020-12-25 17,906 | 87 2020-12-25 19,895 | 87 2020-12-25 31,208 | 87 2020-12-25 2,491,355
88 2020-12-20 23,607 | 88 2020-12-20 17,562 | 88 2020-12-23 19,272 | 88 2020-12-23 30,309 | 88 2020-12-20 2,436,447
89 2020-12-19 23,490 | 89 2020-12-19 17,469 | 89 2020-12-20 19,248 | 89 2020-12-22 30,012 | 89 2020-12-23 2,428,693
90 2020-12-23 23,488 | 90 2020-12-23 17,419 | 90 2020-12-19 19,138 | 90 2020-12-24 30,005 | 90 2020-12-19 2,424,344
91 2020-12-24 23,206 | 91 2020-12-22 17,309 | 91 2020-12-24 19,081 | 91 2020-12-19 29,746 | 91 2020-12-24 2,403,093
92 2020-12-22 23,142 | 92 2020-12-21 17,161 | 92 2020-12-22 18,949 | 92 2020-12-20 29,598 | 92 2020-12-21 2,391,696
93 2020-12-21 23,029 | 93 2020-12-24 17,156 | 93 2020-12-21 18,840 | 93 2020-12-21 29,464 | 93 2020-12-22 2,390,047
94 2020-12-18 22,874 | 94 2020-12-18 16,874 | 94 2020-12-18 18,645 | 94 2020-12-18 29,153 | 94 2020-12-18 2,366,754
95 2020-12-17 22,781 | 95 2020-12-17 16,733 | 95 2020-12-17 18,611 | 95 2020-12-17 28,750 | 95 2020-12-17 2,336,760
96 2020-12-16 20,395 | 96 2020-12-16 15,144 | 96 2020-12-16 16,772 | 96 2020-12-16 26,227 | 96 2017-12-17 2,208,232
97 2020-12-15 19,341 | 97 2020-12-13 14,488 | 97 2020-11-25 15,999 | 97 2020-12-01 25,128 | 97 2017-12-18 2,147,476
98 2020-12-03 19,317 | 98 2020-12-15 14,461 | 98 2020-11-30 15,980 | 98 2020-12-03 24,978 | 98 2017-12-19 2,138,407
99 2020-12-07 19,178 | 99 2020-11-30 14,439 | 99 2020-12-01 15,979 | 99 2020-11-30 24,851 | 99 2017-12-16 2,112,793
100 2020-12-14 19,166 | 100 2020-12-03 14,402 | 100 2020-11-24 15,969 | 100 2020-11-25 24,849 | 100 2020-12-16 2,101,155
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BitStamp USD/BTC CoinFloor GBP/BTC Kraken EUR/BTC Kraken CAD/BTC CoinCheck JPY/BTC
/Bitflyer
* Chart Legend/Explanation * Simply lock your thread an open it when we get to the New Years eve prices. The most like case is we ae moving sideways and slightly upwards for months to come with a strong up tick in the fall. We do not see real bears until Jan-Feb 2022 maybe a bit later say eat spring of 2022 until then buy what you can afford once a week or once a month, |
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Bitcoin is dumping!! Is this going to a repeat of 2017? Remember what happened in March when covid hit? The second wave is here and btc has been pumping despite that. What do you guys think? $100k still happening this year?
Terrible advice so far. My advice is DCA. 1) Buy 100usd worth every week 2) Buy 100 usd worth every month. 3) Just hodl for years to come. 4) Do not buy more than you can afford to lose. At worst BTC will replace gold and go to 375 k- 500 k in under 15 years. Tack on some inflation to that and we are in the 500k - 700k area by 2036 |
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I don't quit understand how binance eth pool works, I'm using 93 mh power on the pool and here is the result after 24hrs  I got paid for 63MH, is there something that I don't understand? Or difficultly settings too high? Ok nicehash which is more accurate does 835M diff and binance is showing 2g diff settings, could that be the problem? A good question for which I do not know why. I could guess that your ping time is far and you lose credit. I don't know much about binate pool as I mine at nicehash and viabtc. https://www.binance.com/en/support/faq/360040955392How are Earnings calculated? Binance 2020-03-24 07:19 Currently, the Binance Mining Pool uses the FPPS Settlement Model for BTC and the PPS+ settlement Model for ETH that assumes the Luck Value of completed blocks so the workers do not have to. Theoretically, Earnings and Transaction Fees are distributed to workers based on hash rate. The Settlement Calculation Method is as follows: FPPS = Theoretical Average Daily Settlement Earnings * (1 + Transaction Fee Rate) * (1 - Mining Pool Fee Rate) PPS+ = Shares / Difficulty * Block Reward * (1 - Mining Pool Fee Rate) The theoretical Earnings and Transaction Fee Rates for the day can be found in the Block Explorer in the average Block Transaction Fee Rate for the current settlement period. BTC Pool Fee Rate is 2.5%. ETH Pool Fee Rate is 0.5%. If their explanation is true some how you are dropping 30 mh. The diff number you give should not be a reason for that drop. |
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blah 70% drop blah blah blah.
The reality is we have only just begun to rally. I see 65k then 77k then a slow upwards sidewinder move up and beyond 100 k by the 4th of July 2021
All bears need to go backing hibernation until spring of 2022. We will be well above 180k by then and that is when the bears awaken.
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I have offically joined the ranks of retired WO gentleman. Working just seems kinda pointless
I think this might be becoming a thing... my last day is April 2nd.. officially retiring early. Sold a smallish chunk to diversify so that if we have an 80% crash, I can ride it out without selling the dip... but yeah.. mostly the same plan. good feelings  8+ years later I'm retired with a close to double-digit $million fortune. What an incredible experience it's been.
Congratulations to all of you. This could be an interesting poll -- who of us has retired thanks to bitcoin? It's not my time......yet! too small of a fish. Don't want to get into any of your specifics or your OPsec, but $50 per week for 7 years would have put relatively "small fish(es)" into a decent place... - nearly 22 bitcoin and a value of nearly $1.3 million - with "ONLY" about a $18.5k investment spread over 7 years. There could have been a problem with anyone to attempt to be consistent in such investing into BTC over the years and even having some sense of frontloading the investment stake could have caused the BTC accumulation levels to become MOAR higher than those listed in the above linkening... and another thing would have been NOT getting shaken from coins at various points along the way - or temptations to sell some of dee lil fiends to try to accumulate more coins and take those selling actions at the wrong time or failing to buy at the right time (getting too greedy or to smart). Another thing, as we have been discussing is trying to figure out how much is enough coins based on a variety of factors including ongoing volatility and expected volatility - and maybe another doubling or tripling of value could help... which does seem reasonably reachable within this cycle (odds of such may be approaching 30% or greater? I know some peeps are putting odds of another 2x or 3x or even 5-20x this cycle at greater probabilities than I am assigning, but hey, I really hate counting any chickens before they are hatched - even though I am NOT at all in any kind of disagreement about either the asymmetric nature of the bitcoin bet or that the odds for having "great" upside performance in bitcoin seems to be way higher than any other asset that I can imagine investing into at this time). I can't be consistent about brushing my teeth, let alone investing $50 per week or whatever over 7 years. At least you are honest and admit to your limitations. |
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In three weeks or so we could be saying goodby to 2020 for all 5 exchanges.
I guess that's a given. I doubt that we'll ever see less than 30K again. I truly hope for this to come true. 40k plus from now on works for me. |
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In three weeks or so we could be saying goodby to 2020 for all 5 exchanges.
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well the cache is 37 mb for each cpu.
so it means you will only run 15 threads for each cpu. maybe you can do 17.
as 2mb minimum for each thread. if you do xmr.
the best case would be say 68 threads 🧵.
I have a ryzen with a 128mb cache it does about 29000 hash which is around $1.50 a day.
maybe you do 33000 hash and $2.00 a day.
note i do not know if you can get all four cpus to mine at the same time.
but it is cheaper than i paid for my ryzen 3790 threadripper and earns a little more.
i think it burns a lot more power.
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did you hit save or did you hit save and apply?
also which broswer?
chrome
firefox
safari
microsoft edge
some other?
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yeah I have to list a 7970 these are close to 200
and I guess a 1050ti these are over 220
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The company is really a BIG SCAM
The company is really a big scam
I found out about this website through linzhi.io
for several days they had on their website the link of linzhi.cn.com
saying that that site was their store, the strange thing is that above they had an email from sales @linzhi.io
A few days later they no longer had the link to linzhi.cn.com on their supposed official website, they removed it and now they say Store: Coming soon
In my opinion, it is the same official company linzhi.io or some employee who is behind these waves of scams, it is likely that they did not have money to start mass production and in this way they have opted for fast and free Financing without having to return it
I lost 23k and now they send emails to encourage us to buy more machines but the machines do not exist, they will never arrive
they never send tracking number
They do not respond to any email or social network, they are on Telegran and they only say now that they have nothing created and to be careful with scams
But the scammers are themselves, the funny thing is that they respond here saying that we give tracking number or order, but they do not deliver anything after payment, there are no order number or tracking number because it is a scam, there are no machines
If one day the product comes out, hopefully they will give us a discount to the funders or scammed by them
Sorry for your loss. Unfortunately you seemed to have been duped by a scammer. I know it is a painful thing to lose 23k. The actual company has clearly stated they are not selling the gear. They have been stating this for months. Most asic companies have been attacked by scammers that copy the website name and ask for coins. Good luck in the future maybe you will get a better deal on some gear and actually be able to mine with it. |
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Sadly the losers that did not get on board are hoping to create a flash crash.
To them I simply say the 2001-2008 Dow Jones had a 7 year bull run.
So BTC can easily have a 2 or 3 year run.
So Oct 2020 to Oct 2023 could be the length of this run.
We a top over 100k as no problem at all.
So simply buy now before the fomo really hits.
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This is our time
Our time to watch the institutional investors stampeding over each other for the last BTC spread across hundreds of exchanges. Microstrategy and Tesla have started this snowball where every fund or corporation is now shaking in their boots, thinking: What if our competitors are buying BTC ? They will start with a conservative 10% treasury allocation and once they'll fully understand blockchain, they will start fomo-ing in larger percentages.
This is what we've been expecting since the early 2010's. We fucking did it!
no not yet but close. once we crest over 100k and simply stay there with sideways and slowing upwards trends we will be there. The 2001 to 2008 DowJones was all bull a 7 year run. I have zero idea how long this bull run will be but maybe just maybe we can see a real long run here 2+ years so sideways and slowly upwards would mean a maturing of the market. I can still see 7-11 trillion as the longterm goal as BTC becomes the new gold. And space mined gold is simply a far more common useful metal. |
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