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1641  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 09:26:30 PM
I have included the two requested sheets in the document.

$200 USD @ $0.13 kwh


$200 USD @ $0.10 kwh


Shared document link. There is dedicated sheets for each hardware type and estimated difficulty return.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing

Thanks a lot, much appreciated Smiley

Great work Sitarow. Thanks for your effort. Smiley
1642  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 06:49:11 PM
Bummer, the bear! Yeah. Shit Tongue
Probably because they're on my ignore list...! Grin Grin Grin

And trolls aren't?

You don't understand.  The whole thing was just an clumsy attempt to attract my attention, like an awkward teen lobbing spitballs at the girl he's crushing on.
I tactfully tried to ignore his unseemly advances, hoping that rassling with inca for my affections would tire him out, but now it's starting to get a bit out of hand...


A/S/L?  Grin
1643  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 05:58:23 PM
Bummer, the bear! Yeah. Shit Tongue
Probably because they're on my ignore list...! Grin Grin Grin

And trolls aren't?

Not all of them... I enjoy unignoring that LambTroll from time to time to pick his fancy unicorn tail...  Grin
I then ignore back, cause chineseposters "Thanks Obama" repetitive cheap crap.
1644  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 05:54:24 PM
What can this mean for the Bitcoin network?Huh?

Depends on who you're asking. Let's see some examples:

*snipforspace*

How do you forget "the bear?"

Bummer, the bear! Yeah. Shit Tongue
Probably because they're on my ignore list...! Grin Grin Grin
1645  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 05:48:28 PM
What can this mean for the Bitcoin network?Huh?

Depends on who you're asking. Let's see some examples:

The Troll:

-LambChop:
It means bitcoin is dead.
Sell all your BTCeanie BTCunnies while you can.
Don't forget to put the money to the Bank.
Cause SAFE.
Chop Chop!
[irrelevant unicorn gay pics shagging other unicorns]

The Trader:

-mmitech:
It means you're a moron who you don't understand this silly market.
You people should have listen to me when I warned you last December to sell!
I sold on the way up, and bought all the way down.
Expecting double digits any day now.
Maybe on Tuesday 13th.
Yeah.
That's tomorrow.
Fuckin Idiots.

The Bull:

-inca:
This is a trend reversal.
Another bear trap.
Bullish.
We're going up anytime soon.
Bitcoin FTW!!!!!

The H0dler:

-macsga:
It's nothing but business as usual.
All you need to do is keep for the long run.
I regret selling that amount of my coins for $10.
It won't happen again.
Ignore those trolls!!!1
To the MOON!
CCMF!!!!1
[flaming train pictures]

 Grin
1646  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 05:25:27 PM
A new one for the ignore list...

That took too long... Grin
1647  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 02:48:27 PM
yes china want to confirm moon

Those crafty pandas toying with bulltards' emotions again.
Unsporting, pandas, unsporting...


Why are you even here?
Do you not have a job?

Every time I sign in I see bull shit trolling from you.

Time to get a life mate.

Dood, "Ignore" Wink
1648  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 02:12:12 PM
well, you were laughing at the "bearwhale" and his 30 k, but now I think it is clear what was his agenda: to destroy producers of asics and centralized mining centers. this is only the beginning. prepare for 100 $ coins.

Since the most part was "fresh" coins according to the "days destroyed" chart, this "bear whale" could as well be a great mining pool. I've posted this since sometime in June/July if I can recall right.
1649  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 01:58:10 PM
Sounds great.

But actually the market sets the price of a bitcoin - not miners. If miners cant mine profitably then they go out of business, regardless of how much money they spent on 'producing coin' and someone else does instead.

Over the longer term the bitcoin network only costs what the market will bear, nothing more.
^^^
This. Really; how difficult is it for someone to understand, that every system needs an equilibrium? Hashrate Vs Price will eventually find their own. Simple as that.
1650  Economy / Services / Re: [AMHash]Earn up to 0.1B a month[30 slots] on: January 12, 2015, 01:22:10 PM
Looks like there a spot for full members.

ryukamiho
rank full member
1NVmSic25iTnGymEMtywpeTZk5par7r5fh
post count 373
Can i join?
camelson
rank:full member
post count: 221
addres:1GaDEU237eDT5TqQ1mAAPXMULonsYV86cy
can i join?

Posts:    552
Position:    Sr. Member
btc: 1DyaFme7D2r5RvmXeW4ZPMh12uqMnxXc4p

thanks
We are sorry,we don't have plan to add more slot,or replace slot now,since AMHash3 is sold out.Maybe next time for AMHash4.

I think not guys... Undecided
1651  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 12, 2015, 08:54:20 AM
ETF has to go a bold step forward to function. That is called "proper and clear rules". In the meantime, several other issues are not resolved which (IMHO) are far more important:

1. MtGox case (stinks from top to bottom)
2. ATM distribution
3. Exchange legislation and transparency (every transaction should be on the ledger)

Until then, this place is going to be a bear-fest and troll party. Enjoy it while it lasts. Grin
1652  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2015, 10:35:27 PM
@empowering:
Press that Ignore button on the left. Works like a charm and makes this place a whole lot better and quieter.  Grin
1653  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2015, 06:20:11 PM
Ultimately I think the only way to stop the constant crashing is if the international buyers find enough interest in bitcoin to buy a large chunk of the coins back from China.

Independently of whether the Chinese exchanges are solvent or fake or whatever, I still believe that lots of coins (at least 500 000 BTC, perhaps a couple million) went from "Western" hand to Chinese hands last November.

And I also believe that those coins have been coming back to the West since then (via arbitragers), as the Chinese are gradually losing interest in "bitcoin gambling".  But the Chinese day-traders still have enough coins in the exchanges to set the price.

And I believe that the price has been generally dropping since then (apart from the two mini-bubbles I mentioned earlier) because there aren't enough people in the West willing to buy those coins that the Chinese want to sell -- plus the 3600 coins that are mined each day, plus the unknow number of old cheap coins that early adopters may be cashing out.

This chart shows that each day about 4 million bitcoin-days are destroyed, considering only coins that have not moved in the past year.  That could man people moving 11'000 coins that were not moved for 1 year, or 5500 coins that were not moved by 2 years, etc.  

It is hard to interpret these numbers, because "coins moving" does not mean "coins changing hands".  Even so, it seems quite possible that early adopters are cashing out 1000 BTC/day.  In that case, the people who are starting or increasing their BTC holdings would have to give 270'000 US$/day to those early adopters, in addition to the 1 M US$/day they must give to the miners, in order to maintain the price.


@JorgeStolfi
Looking on a chart should be according to the respective timescale. Time is of the essence my friend.
I'd propose to take a look here: https://blockchain.info/charts/bitcoin-days-destroyed-min-year?showDataPoints=false&timespan=356days&show_header=true&daysAverageString=7&scale=0

Makes a difference when you look it from different perspective, no?
1654  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2015, 05:38:33 PM
Not those are rich who have much, but those who don't want much.


^^This. The rest is BS.
1655  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2015, 01:46:05 PM

Andreas Antonopoulos was permanently banned from reddit for a post to /r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/2s1ye7/andreas_antonopoulos_is_shoadowbanned/cnlf2xb


Stupidest shit I've ever heard.  Allegedly for "Vote brigading", one of Reddit's 5 so called rules.

Redditors in r/Bitcoin thread makes the fools in the Wall Observer thread seem intelligent.  

True; even LambTroll outperforms them Tongue
1656  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 11, 2015, 01:43:31 PM

Andreas Antonopoulos was permanently banned from reddit for a post to /r/bitcoin:
http://www.reddit.com/r/Bitcoin/comments/2s1ye7/andreas_antonopoulos_is_shoadowbanned/cnlf2xb


Don't know if it's true; he seems to endorse voting which is prohibited:
Quote
"They are directing people to upvote and downvote information in their upcoming AMA. This is against our rules."
Oh well... Undecided
1657  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2015, 03:53:54 PM
People buying on localbitcoins are fucking retards.

I mean, I can perfectly understand people SELLING them there (you get a premium and you launder money perfectly), but BUYING THEM there?
Are you an idiot? Why the hell would you pay a lot more for your coins if they might be stolen coins everybody is tracking in the blockchain?



I guess the most retarded combo would be: "investor" in bitcoins bought on localbitcoins and r/bitcoin enthusiast.
Like, it can't get anymore retarded than that lol

Seriously? In some places it's EXTREMELY difficult to buy bitcoins other than that. As for the tracking, there's a MILLION (known) ways to mix stolen bitcoins prior selling them (not counting unknown). Besides, localbitcoins is anonymous. Some people want to stay that way. Try buying anonymously from an exchange. Yeah; can't be done.
1658  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2015, 03:49:47 PM
... The will keep raping Bitcoin till it's dead.

And, perhaps, after.  Necrorape's a thing u know.

Nah pl0x, g1v sum m0ar d3t4ilz plz... Which part are you? the dead or the other? Grin

Your tears are delicious, Bitcoiner Smiley



Cmon pl0x, admit it; you're in luv with bitcoin...
1659  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2015, 03:29:02 PM
... The will keep raping Bitcoin till it's dead.

And, perhaps, after.  Necrorape's a thing u know.

Nah pl0x, g1v sum m0ar d3t4ilz plz... Which part are you? the dead or the other? Grin
1660  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 10, 2015, 02:47:04 PM


How I wish we could take this moment and freeze it
To come back to again and again and again--
To hold it to the light
Now, turn it in our hands and study all the angles
To find out how and why it's gotta go the way that it goes
We have the technology not available before
We have the technology
Cry

I wish we could take this moment and freeze it
and admire the great gift this user's presence has given
to our community.
Most of us ignored him, took him for a troll but...
His intelligence, his manners, his insightful thoughts
to lead us to where no fiat has gone before...
...since the 2008 fiasco.

THANK YOU LAMBTROLL!!!!
YOU'RE THE MAN (so to speak)...
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