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101
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 31, 2017, 11:45:42 AM
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This is scary:
Antminer s9
13.th/s
1300w
time to generate 1 BTC with 13.5th/s 175 days
daily power cost at 0.06 cent rate, 1.87 US/day
175 day x 1.87USD =
only 327.25USD power cost to generate one BTC!!!!
Cost of 327USD would be fine at rates like 700-1000USD but hashrate is atleast 3 times too small to support current 2200USD price.
Hashrate has no time to correct this, price will.
Problem is just to get this Antminer in quick order. Always all of them is sold out in pre-orders  |
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103
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 31, 2017, 05:24:02 AM
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Looks like ETH is the only one not bleeding. Considering this weekend, I don't trust this show very much. I think that things will get interesting after enough people will FOMO buy ETH today. The one that bleeds last, will probably bleed the most. Especially because this is what usually happens with cryptos when there is a "sure thing caused by adoption of big Chinese exchanges". Hodling tight my fiat until ETH will bleed a respectable amount.
Forget ETH, it`s overhyped, buy XEM instead, and you`ll be happy ever there after, It´s coming down now. Last chance ! LOl. don't touch XEM |
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104
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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on: May 30, 2017, 04:58:15 PM
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total supply of dash coin fixed?
CORE SPECIFICATIONS X11 hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo) Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2) CPU/GPU mining Block generation target: 2.5 minutes Difficulty Retargets using DGW 7% decrease in the number of coins generated per year Est. ~22M Max CoinsDecentralized Masternode Network Superior Fungibility and privacy This is a very outdated data which is off - it's from pre-ASIC days where block reward sometimes exceeded the minimum. Diff skyrocketed since then, so block reward is always minimal and expected number of coins is closer to 19 mil - https://dashpay.atlassian.net/wiki/display/DOC/SpecificationsPS. pls ping the site owner you grabbed this info from to update the spec. Thanks! I looked here - https://www.dash.org/i-understand-crypto/-> under - Core specifications |
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105
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 30, 2017, 03:26:29 PM
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Now I feel foolish, traded the top of the BTC/ETH bubble, now a big dive on polo.  ... don't buy ETH. FTFY The Korean's frenzy over ETH is pretty much exactly like the Chinese frenzy over bitcoin back in 2013. I.E., they weren't buying because they actually believed in it, but just to try and get rich quick. The Korean whale pumpers are having a field day right now. The eventual ETH wash-out is going to be epic. But they'll be able to milk it as long as FOMO delusion is there. better look @ btc wash-out coming days |
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106
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
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on: May 30, 2017, 12:46:28 PM
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total supply of dash coin fixed?
CORE SPECIFICATIONS X11 hashing algorithm: 11 rounds of scientific hashing functions (blake, bmw, groestl, jh, keccak, skein, luffa, cubehash, shavite, simd, echo) Block reward is controlled by: 2222222/(((Difficulty+2600)/9)^2) CPU/GPU mining Block generation target: 2.5 minutes Difficulty Retargets using DGW 7% decrease in the number of coins generated per year Est. ~22M Max CoinsDecentralized Masternode Network Superior Fungibility and privacy |
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109
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 24, 2017, 01:02:04 PM
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altcoins have grown much more than bitcoin in the last 3months.  That just confirms my theory. A lot of people have sold out their bitcoins in the last 3 months expecting some meaningful price correction that never happened. Wait, are you implicitly saying something like: "They made a big mistake, they sold BTC for altcoins which gave them greater profits."? Just wait for the big dump in alts, and huge pump in btc. It's all about bitcoin(blockchain)  Yeah right... Meanwhile a lot of people waiting for hours and days to get BTC confirmations...  |
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110
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 24, 2017, 07:38:46 AM
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Imagine when the alts crash and that money come to btc. We'd already be at $5k
What would make the alts crash? I can't see it myself. Well, if BTC is a bubble and goes down say 30% alts will crash more * used to be the logic * the old saying Bitcoin gets a cold, the alts get pneumonia saying.... but hell, this is so much like the pump of 2013 I'm not sure wtf to think in Oct 2013 I got into mining and BTC was 150 the day I started.....2 days after thanksgiving I think it was over 1100 usd..then of course the epic crash....into the next year So is this a repeat...say 3k btc then a dump back to 1k btc? Or is the bubble gonna burst at 10k btc and drop down to 5k? wild stuff, getting to be real damn money hanging out there on my hoard now pucker time! for holders! Problem is that now marketcap is $86 973 303 515 In 2013 in PEAK it was approx 10 times lower.. + BTC dominace is only 44.7%. In 2013 it was 90+%. So this is not like 2013... Bitcoin dominance is like the weakest criteria for evaluation. When bitcoin rises in value, it's decreasing it's dominance. Why? Because a lot of alts value is coming from bitcoin. Or maybe fresh money flows straight into Alts? |
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111
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 24, 2017, 07:06:26 AM
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Imagine when the alts crash and that money come to btc. We'd already be at $5k
What would make the alts crash? I can't see it myself. Well, if BTC is a bubble and goes down say 30% alts will crash more * used to be the logic * the old saying Bitcoin gets a cold, the alts get pneumonia saying.... but hell, this is so much like the pump of 2013 I'm not sure wtf to think in Oct 2013 I got into mining and BTC was 150 the day I started.....2 days after thanksgiving I think it was over 1100 usd..then of course the epic crash....into the next year So is this a repeat...say 3k btc then a dump back to 1k btc? Or is the bubble gonna burst at 10k btc and drop down to 5k? wild stuff, getting to be real damn money hanging out there on my hoard now pucker time! for holders! Problem is that now marketcap is $86 973 303 515 In 2013 in PEAK it was approx 10 times lower.. + BTC dominace is only 44.7%. In 2013 it was 90+%. So this is not like 2013... |
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117
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XRP] Ripple Speculation
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on: May 15, 2017, 09:23:08 AM
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If it is overpriced or not will depend on how much of the supply gets locked up.
If you lock up like 80% or so (percentage is just a random number, don't know off hand how much is in circulation) then moon.
But if they announce the lockup like.... 4 ripples ( :') ) then it's overpriced now because there can never be enough money to repay everyone the current value hahaha.
Still confident in "a lot will be locked up"
They will not lock up (IF) some amount of existing coin but: 2.) The supply available will only be the current supply. |
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120
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: May 12, 2017, 10:08:11 AM
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Was this everything that the bears got? If it remains around or above $1800 for a bit longer, I'm sure that we are going to see >$2000 very soon. Although that may be considered a "psychological barrier" and may cause some profit taking. Jimbo, where are you? I don't see 2000usd in this run. Look at 1d chart RSI. Last dip did nothing. Still needs a bigger dip. |
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