The gorf is a new technical indicator to me 
I'm not joking. Lets see.
Bitcoin has had a battering from the media for the best part of 6-7 years. Plenty know about it now. It has been superseded technologically and none of those assets even made a dent in its marketcap.
It has been superseded institutionally because we now know that banks all over the world have been running their own blockchains. But none of them even made a dent in Bitcoin's marketcap.
It has been superceeded strategically because we now have smart-contract based blockchains galore, yet, even none of those blockchains even made a dent in bitcoin's marketcap.
What will banks do when they discover that the value isn't blockchain, it's bitcoin ? What will they do when they discover that blockchain is dirt cheap, can be reproduced a million times over and actually isn't much more useful technologically than an SQL server worth $1000 bucks ? What will they do when they discover that bitcoin isn't dirt cheap, can't be replicated, can't be bought, can't be regulated and can't even be matched for hashpower with the combined budgets of all the world's banks put together ?
Bitcoin is going to be in demand by $7 billion people. Not for technological reasons, for monetary reasons. It is a perfected token both monetarily and sociologically. It is beginning to successfully conclude its "rights of passage" phase and just shortly, $400 now is going to look like $1 did back in 2010.$6000 per BTC, did you get that from the Gox Field interferometer? Anyway, my belief has been and still is up. Be careful thinking the king cannot be usurped from his throne though - at a $6 Billion mcap, Bitcoin is still but an infant. |
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First of all, I think the guy in the article is confusing Greenland with Iceland. Absolutely nothing is concentrated in Greenland.
Second of all, data centers existed before Bitcoin mining, so there's no need to reinvent the wheel. The only viable solution for reusing the heat is to run the mining coolant in several closed loops inside the data center, run them through several heat exchanger where the heat is led to a different closed loop system used for central heating for nearby houses or office buildings. 40-60 degrees celsius through radiators makes sense. Heating the liquid further cancels any gains because it will need to be cooled down again (remember, you can't use the liquid from the closed loop system directly), and water heaters are (as lambie pointed out) used too sporadically.
Third, miners don't do that because sunk cost is a killer in Bitcoin mining. And such a system is very, very....VERY expensive.
Giant jacuzzi. So, so obvious. |
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Main engine ignition. All charts clear. Say goodbye to sub $400 Bitcoin. Forever. GORF crossing awaits over the next few weeks. The gorf is a new technical indicator to me |
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That's exactly what you live in if you are an Ethereum pumper. Congrats, you helped worm people out of their money - be proud, you sack of shit.
This has given me an idea for a sitcom. It will star a guy randomly insulting strangers for perceived misdoings. He'll walk into a bar and throw a drink at a guy wearing a suit and a tie, then he'll go to Seaworld and punch a dolphin for cohabiting with whales. |
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All you bitcoin snobs missed out on Eth pump and dump, I made a killing and was able to cash out to BTC b4 the dump. Did I say I made a killing? I made a fuck ton of BTC. All you bitcoin snobs be morons, more profit for me!!!
Did you say moron? Hm, what's that? Please do rescue me from my pitiful existence. Your wisdom will lift me out of the filth and garbage in which I live. |
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This rise is mostly from people cashing out from Ethereum. Once the Ethereum correction is over. Bitcoin will reverse and go down to $300
Did you say Ethereum? Hm, what's that? |
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And their damnedest just wasn't good enough  |
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Pump it motherfuckers!! Break my chart! $6.60 is the best you got? yefi, good call on post #380  (Someone deleted a post) Thanks, but these motherfuckers are trying their damnedest to push past .0157 right now... |
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Finally some recognition for my dedicated shilling.
To all the people who got rich off my advice, my donation address is in my sig
Damn it, I just realized my search was case-sensitive - excluding case, you've actually posted it 238 times. |
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If I posted about every altcoin I had regularly I wouldn't be able to spend time in other boards. People are quiet about investments, this is not unusual. Calm down and take off your tinfoil hat please there is no conspiracy.
No, it’s not a conspiracy lol. The point is you’d expect the frequency to be constant – not clustered around dates after 19th Feb… I checked your post history, for example, and the phrase BTC appears 66 times, but over the course of your history. The major altcoins (Dash, Monero, Ripple, Doge) I checked hardly appear in your history, so you either don't hold them or keep it hush-hush. Do me do me lol
lol, the phrase Ethereum appears in 238 of your posts.  |
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it depends what you are, are you a day trader or a long term investor ?
Personally I have been accumulating some ether everyday despite price, some days I might pay more for the ether, but in the long term, 1 years time etc, its going to be very profitable anyway, so if you are thinking when to buy but not sure when too, ether at 6$ is still very cheap for the long term prospects.
As a long-term investor, I guess you've been investing regularly since before the bubble then, and not just after price exploded? Strange, because I ran a text analysis on your post history, and the phrases eth, ether and ethereum do not appear at all until 19th Feb... |
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your chart is already wrong after 20 minutes
I have reduced the font size of your rebuke commensurate with its worth |
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Well, that's me out. Watch your step from here - 157 is possible, but risky.
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It's fucking Divine Right of Kings. Do you think parliament could have forced King John to sign the Magna Carta without an army at their backs? King John couldn't believe in the divine right of kings because the concept didn't exist then in Western thought. I wouldn't use the term parliament to refer to the rebel barons either - they weren't one. I'll grade you a 'c' - nice effort |
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Happy that you guys enjoy this thread. You've made some pretty nice calls all in all - both on the bear trend and bull trend. Well done! |
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I was in agreement until the "rape culture" paragraph. There are countries where rape is overlooked, and America, for all its faults, is not one of them. Now, if you excuse me, I need to go grope the women in my street and rape them in the bushes. |
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If it's anything like bets of bitcoin, the earlier you bet, the more weight you get if you win
Ah, that makes sense now, thanks. Think I'll stick to trading, mind you - whole different set of rules to consider there |
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That would be because of the purpose of the bet: "Ethereum to top $1 billion market cap before 2017" I've bet no.  But why place your bet now? |
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Bet closing: in 10 months 1 week (29-12-2016)  |
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Today is a nice day for me. Great selling opportunity presented itself with the panic-buying (also short-liquidating) spike. I'd restock though - more uptrend is likely, though don't expect it to hold .01 before we get there.... I know I should have gone in much bigger, but that's in retrospect. I just do small buys in altcoins, see how it turns out without risking a lot.
lol you're not kidding. |
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