hmmm...my price of

11151-11200   Searing   11151-11200

is looking a bit weak now. I probably should have gone bigger.

I'm bored, reading your boring post above....yawn....(lobs it back at you)

dismal cycle boredom

edit: good point above

We should not be complaining about nearly a 6 week pump from $7,175 to $10,200 (about 42%)

maybe I'm just dull and not bored?

Well, I got a KNC Jupiter 550gh BTC miner on 0ctober 18th, 2013 and it made 1 BTC a day and sometime that day BTC was $150 USD.

So considering ALL equipment/electric/miners from that $5,131.80 (with shipping from Sweden) paid for my BTC Hoard. I'm pretty satisfied!

Now if I just was not so 'damn' boring and actually did something with this. (still driving this winter 2005 rusty, very rusty, Ford Taurus 150k of miles on it)

Boring. It got me a BTC hoard, but I'm still 'boring, go figure. All the 'fun' got sucked out of ASIC mining, so I just buy more and HODL now as I have

for the most part (except electric and in the day ASIC equipment) in HODL mode....folk newer than me should be scrambling to sell crap from attic and accumulate...just

in case, BTC and Crypto go 'full parabolic' again. That was the previous pattern. Just saying, sell stuff you might otherwise die with rather than bother, this whole BTC

thing will be 'really, really, embarrassing' if it goes parabolic in price again and newer folk miss another chance to accumulate BTC. Just saying.

Brad

ditto ...I've seen 'squat' for a reason 'except' perhaps name recognition and low price? Same with Siacoin as well...befuddled

Hell, it is ALL a Bull Market to me!

Compared to when I turned on my KNC Jupiter Miner on 0ctober 18th, 2013 and 'when sometime' that day when I looked, One Bitcoin was $150.00 USD!

And I was making about ONE Bitcoin a Day! I miss them days, damn it was fun! If I only knew then what I do now about this! As an aside, HODL!

Looking at Bitcoin 'long-term' it is 'nothing but a large bull run', IMHO. All a matter of your 'Timeline'

Brad

Well, this big miner got caught in the wheels and according to the article has to shut down operations. The only big one I've heard about

in this bind, so far that I know of.

https://cointelegraph.com/news/chinese-crypto-mine-stop-or-stall-operations-due-to-coronavirus-outbreak

I just ran the calculations on my Bitmain S9i at 12TH and 1,000 watts. (one only, never to ROI) BTC Miner on www.slushpool.com

So it will TAKE 14 years and 2 months for me to make ONE Bitcoin on this puppy!

What boggles my mind is AFTER Halving (currently May 12th, 2020) https://www.bitcoinblockhalf.com/

The same S9i (assuming difficulty the same..as in very unlikely, but still) it will take 28 years to make ONE BITCOIN!

As a result, I bought some BTC, just now, so prepare for a dump in BTC price! (This is how I roll!)

But a different way to have the halving hit you in the face in an obvious way!

Brad
                        

Yeah, it looks like a pump and dump on only name recognition via the BTC pump. Much like Siacoin is doing IMHO, with no REAL progress on anything of note to justify such.

I'm letting mine ride, I got in on the ICO on LISK and the siacoin was extra from miners sold (for what I had in when sia-tech 'sneakily' changed the algo to make late machines briefly profitable)

The last of my 'dubious' coins above, so again, letting it ride till I say NO MAS and dump

Yep, wondering this myself. Why the huge crackdown? Perhaps it is because afraid the virus will mutate? Just because China can crack down massively to kill it sooner?

https://www.naturalnews.com/2020-02-06-if-coronavirus-no-big-deal-why-china-cracking-down.html

But as relates to Bitmain and Innsilicon and Data Halls in China, kicking out units to themselves and/or eventually consumers in/out of China.

This is starting to look like it will drag out well into April. IMHO.

Brad

Surely you jest! But being Bitmain and evil and all I am unsure.

(Bitmain: Being Evil Is A Lifestyle, deal with it!) (tm: Bitmain)

I like Tom Lee! He is, however, IMHO, as nutty as a Loonie Toons Cartoon! At least on his overhyped and high as hell BTC price predictions that keep him on T.V.

This does not stop me, in my irrational expectations, that I really hope that he is indeed correct and being conservative in his pricing guesses as being too LOW!

But then again, I am biased, after drinking the BTC Kool-Aid in 2013! So it is possible to believe both of the above.

Again, Tom Lee's predictions are as nutty as the Professor in the FLUBBER movie, I don't expect him to be anywhere near right on price, but would be cool as hell if he was!

(damn, now I want BTC All-Time High and Flubber!)

Brad

I agree I have no plans to mine. I'm just watching from the bleachers! But I doubt 10c kWh USA mining will come back in data hall form in the USA anytime in the future, so just buying as i go BTC now. But, still got to watch in envy those that can still mine any crypto, even if eventually it is only overseas or some such.

Brad

Update on 2/6/2020 on the China Coronavirus here are the links below:

Below is a post I credit to Paashaas Profile: https://bitcointalk.org/index.php?action=profile;u=169384

here on Bitcointalk. Here is a link to Paashass's post. I suggest you read his post-in-depth with the chart of course.

https://bitcointalk.org/index.php?topic=178336.msg53787712#msg53787712

https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6



Scary Stuff!

Brad

Coronavirus & quarantine & effect on BTC Difficulty. How Bad/Likely?

Indeed, IF, I think it is 65% of ASIC miners are out of China and IF this Coronavirus Quarantine drags....indeed even past halving...

I'd guess that difficulty would stay flat for that time period? If this is not the case then my view is that any workers that could be

gathered under such a scenario, would be used to MAYBE build units (5nm maybe Q1 as stated by Innsilicon and Bitmain) thus if we

do see a rise in BTC difficulty, I'd pretty much count on the main ASIC makers feathering their own nest first by filling data halls on a

flat difficulty universe and consumers are just damned and SHOL.


https://www.coindesk.com/how-the-long-tail-of-the-coronavirus-might-slow-bitcoins-hash-power-growth

Anyway, my own view is this coronavirus mild or otherwise will last as long as the typical 'flu season' which would be well into May 2020.

So, my guess is flat difficulty at best and at worse the China ASIC makers taking full advantage of limited workers to fill their own data halls with

equipment first with this flat difficulty for a few months. Or it could be worse, they could do the above with NEW 5nm equipment 'supposedly' due in Q1 2020!

Your views?

Take the Poll.

Brad

reserved

LOL. Not sure what this means with 5nm coming out for Bitmain and Innsilicon for Q1. So we will have 3nm in Q4? WTF!

https://news.bitcoin.com/chipmaking-giant-samsung-reveals-3nm-semiconductor-prototype/
 
For that matter will even 3nm matter much after the halving of blocks to 6.25 BTC per block after say around May 7th, 2020? (currently)

https://www.bitcoinclock.com/

Will the madness continue? Take poll?

Brad

Well, I bought like 0.22025224 BTC at $9,234.41 per BTC yesterday 2/4/20 at $2,064.21 USD.  Of that, there was the $30.31 USD Coinbase fee in previous amount here.

Now BTC is pumping. Current price as of this moment 1/5/20 the price is $9,561.01 USD. IT ALWAYS dumps when I buy! I am 'befuddled'

I would have 'probably' gotten an ASIC unit instead of whatever model flavor, with my ASIC addiction, but even to me that made no sense with halving

happening end of April 2020 and such with ASIC prices being way too high and the good old USA 26.7% Tariff plus shipping to the USA don't ya know.

Even with full 'old school' ASIC addiction that makes NO sense. Both reasonableness in buying yesterday and resisting 'evil ASIC toasters', I'm on a roll!

So again, pumping, who'd a thunk it? Must indeed be the end of times, after I jump into the deep end of the pool.

So this is what buying at the right time means? Who'd a thunk it?

I'll post next week when the correction happens, but till then 'reveling' timing for once.

Anyone else actually 'pull the trigger' at the right time for some accumulation before this pump

or did the WO fickle finger of fate just decide it was my turn to buy at the right time?

Anyway, interesting, this is how the 'cool' crypto kids feel I guess.....

Brad

Made me a euphoric HODL'er and a despondent HODL'er depending on particular month/day/year since October 18th, 2013!

(ah the drama!)

Brad

Are there links to past months of above...or is this only posted monthly on Wall Observer? If past months I'm out of the loop and need a link!

Thank

Brad

What's pushing up this pump? Hopefully, it is that the Siacoin network is actually catching up and worth building a node (doubtful) or that Obelisk and Sia-Tech are

going to pay back the $$600 they owe me for the lateness on (5) obelisk sc1's (also doubtful they said only if they made a profit in 2019 ha!..got the email stating such)

or whatever...but you'd think there would be 'something' pumping Siacoin. A rumor/fake pump or whatever all needs 'supposedly' some reason to pump up a coin in this matter.

Brad