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I thought the sky was falling?? I guess christmas is saved then.
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I am going to guess casual fakeout of the 1w starting green. Dumpers like to dump, and too much sideways can lead to said situations.
Too much sideways movement might actually make bitcoin look like a currency |
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These movements look really well controlled.
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It will be interesting to see if we will have to cancel christmas
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Anybody still buying regularly?
I'm a HODLER but at a bit of a cross roads right now regarding 'do I stick with what I have' or 'keep buying'.
No positive news at all for a while now but then again no real negative news.
It's all gone a bit boring.....
The goal is not to be entertained now, the goal is to spend 2016 in a purple Rolls Royce screaming "I'm Rich Bitch!" while lighting joints with burning fiat. |
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And the price still stands still. I wonder when the boom is coming...  With all of the mining ROI going away I can see money pouring into the price from people who do the math and realize mining with current hardware + electricity costs (not free) is likely not worth their time. Better off buying bitcoin directly. And the cycle continues.....once again. Mining ROI is still good enough in other countries whre the electricity costs are next to nothing. Now that mining difficulty has flatlined more miners are obviously keeping some coins rather than buying new HW, thus we might have less supply of coins for a while. The flat dutifully is great for ROI, I think many mining hardware investments have had a ROI, now the risk (price volatility) discourages growing your mining investment (possibly encourages first time miners though ) I expected the average miner to be saving a higher present of coins so yes I think supply will be shrinking although I don't expect it to reflect in the price until mining becomes marginally profitable. So a long sideways or a drop and a big ramp. One of the problems miners have with the current XBT price is that even if you get a good deal from Spondoolies or Bitmain you will probably not make the coins back before the next gen hw hits the market in 2nd quarter of 2015 and make the current gen obsolete. With this in mind "...a long sideways or a drop and a big ramp." is very likely. Of course a sharp price spike might change this, but the more time passes the more dramatic that spike will have to be for it to be worth buying current gen gear. |
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Yea doing some research and it does sound like everyone is moving past the 20nm and going with the 16nm FinFet. Spondoolies CEO already said they are skipping 20nm but it will be a while before they release the 16nm, because they have a new efficient 28nm coming out soon they say can compete with KNC's 16nm Solar and they also mentioned the price of the 16nm chips to be double that of 28nm and there manufacturing process is still not very mature meaning a higher likelihood of producing duds. "TSMC's 16FF+ (FinFET Plus) technology can provide above 65 percent higher speed, around 2 times the density, or 70 percent less power than its 28HPM technology. " http://www.tsmc.com/english/dedicatedFoundry/technology/16nm.htmDoing the math of the higher speed and power saving if you equated that into what a current S4 (number of chips) offers you would have 3.3TH/s @ 420W = 0.12W/GH/s. With that kind of power saving you could produce 11TH/s @ 1400W. sweeet... |
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And the price still stands still. I wonder when the boom is coming... With all of the mining ROI going away I can see money pouring into the price from people who do the math and realize mining with current hardware + electricity costs (not free) is likely not worth their time. Better off buying bitcoin directly. And the cycle continues.....once again. Mining ROI is still good enough in other countries whre the electricity costs are next to nothing. Now that mining difficulty has flatlined more miners are obviously keeping some coins rather than buying new HW, thus we might have less supply of coins for a while. |
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most of the blockchain traffic seems to be non-payment transactions
What sort of non-payment transactions? Spam-bitcoins filling up peoples wallets. The most unprofitable scam ever. |
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 (I tried) Nice picture Adam, err sorry I mean fatman3001... I wish, Adam is a divine entity. |
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sigh....
You posted this article, and tried to make out like it was in someway correct, people pointed out that it was not, myself included and I quote "I think you will find he copied the headline and pasted from here" note the same headline , to the piece you posted originally... the headline from July, stating that draper had won, that is what this was about right??
He was not even bidding for the entire lots, the headline was old... and the articles, written yesterday or not, were full of shit..
I think I have my facts in order, and really I am not sure what you are trying to say? I am saying headline old, draper did not win the entire second auction, and it was obvious from the get go that the article with old headline was full of shit.
That is all.
I said the article was posted on the day of the second auction and it was. I'm not responsible for the content whether it's rehashed or not. But don't you think it's relevant to point it out? I did on the original post, with the "!?" symbol. (I tried) |
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sigh....
You posted this article, and tried to make out like it was in someway correct, people pointed out that it was not, myself included and I quote "I think you will find he copied the headline and pasted from here" note the same headline , to the piece you posted originally... the headline from July, stating that draper had won, that is what this was about right??
He was not even bidding for the entire lots, the headline was old... and the articles, written yesterday or not, were full of shit..
I think I have my facts in order, and really I am not sure what you are trying to say? I am saying headline old, draper did not win the entire second auction, and it was obvious from the get go that the article with old headline was full of shit.
That is all.
I said the article was posted on the day of the second auction and it was. I'm not responsible for the content whether it's rehashed or not. But don't you think it's relevant to point it out? |
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I never said that you did. I'm no emoticon-wiz so I don't know how to communicate that there is no hidden motive in my message (and I hate using emoticons), but you seemed apologetic about the content of some of your posts so I thought I would let you know that I at least am fine with them.
I apologize again to you if you don't like emoticons... Anyways, I replied on the basis of what I understood... You included the word "price" and that made me think how can a small member like me do that? Am I trolling anywhere that the price will be this or that? No, everywhere I talked about the price, I have tried my best to show the facts and no BS... Again... Peace, Respect & Cheers... I don't know how effective it is, but I see many try. Again, I never meant to accuse you of anything. |
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I can't speak for the rest but as long as you don't post BS in some annoying and pointless attempt to manipulate the mood/price I have no problem with you thinking out loud (and it would be in writing so it's not that loud anyways).
Lolz how come I manipulate price? I didn't attempt to say any annoying BS but everything was entertaining...  Anyways, without any more arguments, I would like to say "Peace... Respect... Cheers..."  I never said that you did. I'm no emoticon-wiz so I don't know how to communicate that there is no hidden motive in my message (and I hate using emoticons), but you seemed apologetic about the content of some of your posts so I thought I would let you know that I at least am fine with them. |
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@phoenix1, Did I post anything irrelevant or wrong? I apologize if I did so...
Not at all - your summary reminded me of that gif ... we got a mexican stand of goin on. Bullls and bears staring each other out ... Glad you liked it Loved the image, especially that kiddo... I know that I am posting things people already know, but it's like I want to get heard like everyone, but I'm not getting the topic in which I may have interest, I mean I am not getting a goal in this industry... Now don't just say: ^leave this community then^, because like everybody, even I love Bitcoins and post what I feel maybe either useful or entertaining...  I can't speak for the rest but as long as you don't post BS in some annoying and pointless attempt to manipulate the mood/price I have no problem with you thinking out loud (and it would be in writing so it's not that loud anyways). |
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I never spelled Obama 0Bama... You did.
99.9% of people never see a zero, but a O. The same .1% who can see the zero are the same people who have a problem with the image of 0bama, a half black man, as a rodeo clown or a clown.
You are free to call me out all you want but my answer to you was very clear. I have never been to a US public school so maybe I would need to readjust the way I write for some people here.
Now I'm thoroughly lost as to what you're talking about. There are roughly 40 instances of "0bama" appearing in this thread. All of them were written by you, or appear when people quote you, up until the point I asked you why you spell his name with a 0. Then you got crazy with nonsense. If you read his posts with a Daffy Duck/Nerd lisp, it all makes sense. Sort of... |
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Where is that guy who was bragging about his short? BillyJoeBanjo or something?
 That means Billie Jean is a minor then? |
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In case nobody mentioned it, you have to find a way cool those thousands of watts. If not your mom will notice when the glass of water on her nightstand starts to boil.
Open the window.. it's winter. The winter air is the perfect cooling tool up here in Canada!! Winter is very... seasonal True, I have an AC unit to cool the room in the summer. I use power like it's going out of style.. money to burn so i'm gonna burn it!! MUHAHAH. Wasting electricity!!! You must be the most evil canadian I have ever heard of. Or is that: heard aboot? |
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In case nobody mentioned it, you have to find a way cool those thousands of watts. If not your mom will notice when the glass of water on her nightstand starts to boil.
Open the window.. it's winter. The winter air is the perfect cooling tool up here in Canada!! Winter is very... seasonal |
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Where is that guy who was bragging about his short? BillyJoeBanjo or something?
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