|
2.7 transactions per second, for nearly 8 billion people and their monetary affairs.
Something seems a bit off here.
|
|
|
|
Norwegian. Don't get me wrong, I like americans. They're just a bit... binary. It gets to be intense sometimes.
Don't confuse the established left-right political parties and their media arms with the actual views of the people. There is actually a fair amount of nuance and diversity of views at the human level. I worked for a hostel a long time ago and spoke about politics to both americans and canadians, and it's weird how uptight americans are about politics. Canadians had no problem with it. I kind of think of canadians as americans without a personality disorder.
A rather binary viewpoint, no? I understand criticism of US policies, hell, I participate in it often. Especially the proclivity to play "world police" (as long as there is strategic interest in doing it). As long as we are making sweeping generalities though... I could say it is easy for oil states (Norway, Canada) with small populations to be very generous with social programs. The ones not so generously endowed with resources and productivity (Greece) tend to lecture other nations less (smugly). |
|
|
|
wow, and entire year in the $200s? I'm not entirely sure how to feel about that.
 |
|
|
|
|
Well, Friday is drawing to a close. $230 has held so far, but not if a few k get dropped from here.
|
|
|
|
|
The people mining on that scale won't be surprised by the halving, and their current hardware will likely be obsolete by that day.
|
|
|
|
I would be basically fucked if BTC goes to that price. I still owe ~23 BTC on KLYEMAX and $10,000 BTC would be a catastrophe for me.
Not to be a dick but... you actually are making good on that whole "I used your money to gamble and lost it" situation? lel |
|
|
|
How dare you bully my sock. You monster.
 |
|
|
|
|
Huobi with some buys. Retrace back to 235.99?
|
|
|
|
Crave:  hahahahahahah Charge your phone, you madman!!1!! |
|
|
|
|
#6 He's already an intelligent and successful individual, with all immediate needs and desires met. He has the understanding that moving or selling his coins could kill off the experiment while in its infancy. The principle and idea is worth more to him than a yacht filled with prostitutes.
|
|
|
|
Be more emphatic please! Today they got dumped again, so they are all a bit pissed off.
Oh she's plenty emphatic in the delivery. You might have meant empathetic... which will always be in short supply in a game where the winners derive gain directly from the losers. It would be folly to assume anything other than satoshi still controlling the keys to each and every one of his coins. Not a shred of credible evidence has been provided to suggest otherwise. |
|
|
|
By the way, I just ran numbers again, Even if I were paying $0.10 per kWh I'd still be breaking even at 150 per coin.
Sounds like pretty efficient (new) gear. Old gear, paid for it in January 2014, didn't arrive till much later of course, but efficient for sure. What was out around that time... Ant S1? They cost $.864 in power a day, and generate 44 cents worth of btc, at the stated $0.10 kwh and current diff. There was that upgrade kit to S3 I guess. On topic: look at that scary ask wall. Always good to telegraph your intentions to your victims right? |
|
|
|
By the way, I just ran numbers again, Even if I were paying $0.10 per kWh I'd still be breaking even at 150 per coin.
Sounds like pretty efficient (new) gear. That means many months of stable diff to see the rim of that hole. |
|
|
|
I find the list of participants more interesting than the prices and number of shares, both of which will instantly change when someone decides they would like to sell their "bagholding" BIT shares.
It's the names of the brokerage firms that are placing their clients bids, right? Market makers on OTC might place both bid and ask orders (two weeks?!?). That's the goal of level II, to provide some liquidity to traders using the exchange. Their compensation for this is derived from maintaining a spread. |
|
|
|
Not when mining is barely make up the electricity
It seems the daily 3600 coins mined are not a big deal, but 10 days will be 36000 coins, and 100 days will be 360K coins, it will affect market slowly but surely. When they are extremely profitable, most of them will be dumped right away, but now when they can even be underwater, these coins will be hoarded, thus dramatically reduce the daily coin supply on market
And the difficulty is on the rise, means the infrastructure investment has not stopped
I see it the opposite way. Costs are relatively fixed in terms of electricity and facility. A lower coin price means a greater % of mined coins need to be sold to meet costs. When the price is higher, the miner may elect to keep a greater % of profits in btc. And no serious (non-hobbyist) miner is running at an operating loss right now, that level is probably somewhere in the low to mid $1xx. |
|
|
|
 Much Style. Very Critical. |
|
|
|
|
Show Posts
