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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: July 06, 2018, 09:13:27 PM
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Bitcoin difficulty is again expected to rise by 12% in about a week. - https://fork.lol/pow/retargetAre miners still making profit? The break even point must almost be exceeded ... What are you trying to say, exactly? I understand that I should not be egging on a beartard (PM pumper) to explain, but perhaps there is an outside chance that you have something substantially meaningful to say? By the way, you understand that mining profitability remains considerably variable, and there is considerable speculation in mining too, so some miners are going to be ready, willing and able to operate at a loss for a considerable amount of time.. in other words there time horizons regarding profitability can be quite drug out. Furthermore, you understand that there can be gamesmanship with mining too, especially if there could be opportunities that the directing of mining can be used as a means to pump the bcash attack vector, and the calculations regarding timing of attacks might be short windows and momentum based, too. What I am trying to say is that miners will not mine unless they are profitable. So either they will switch off some miners so the hashrate goes down (which I see as unlikely) Or the price will follow the increasing hashrate (e.g. miners stop selling their BTC for a period of time to reduce BTC supply on the market) which should result in a higher BTC price. I just find it an interesting topic :-) |
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Economy / Speculation / Re: HOLIDAY RUSH
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on: July 03, 2018, 05:24:48 PM
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Mass Media won't push Bitcoin the same way they did in 2017.
Don't expect anything out of the ordenary to happen this year.
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Economy / Speculation / Re: Bitcoin upto 20,000$ December 2018
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on: June 29, 2018, 07:34:54 AM
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Bitcoin goes up to 20,000 $in December 2018 or below the 20,000$ P
Looks like it will be below $5000 in Dec 2018. Time will tell.  I see 5k more likely then 20k ... But I hope we can get to 7-8k :-) |
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Economy / Speculation / Re: What do you think will happen in august ?
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on: June 16, 2018, 05:16:23 PM
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Is there something special happening in August that I am unaware of?
No there isn't Everyone predicting high numbers is just talking out of their own ass ;-) I hope for rising prices but apart from the using fluctuations I don't see why we should hit 10k before the next halving. |
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Economy / Speculation / Re: Can you hold my hand?
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on: June 13, 2018, 04:37:08 PM
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A lot of people forget the price went to $2000 to $20,000 in less than a year. So Bitcoin can surely do it again potentially it could go from $7,000 to $70,000. Most people say Bitcoin is dead, those are only considering BTC for a 6 months-term but it doesn't work like this and it's better to go with another altcoin in this case. At the same time, there is the nostalgy of the $20,000 mark mixed with the lack of patience.
Bitcoin went for 2k to 20k because of mass media attention to Bitcoin. This is a one-time shot and we won't get it again any time soon. Don't expect this kind of attention in the next 5 years. |
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Economy / Speculation / Re: Will Bitcoin Go Below 6000 USD?
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on: June 13, 2018, 10:46:56 AM
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And discuss why or why not? I just wanna know all your opinions. I was also gonna make this a poll, but I think the discussion 'why' (or why not) would be better. Let's also have some fun around in the thread...  I’m going to HODL my coins until at least 6-12 months after the halving in 2020 so the proce faloijg atm shouldn’t bother me as my get out point is still a good while away......but it does bother me. I hate seeing the price fall & I think it’s manipulated to fuck, whales shorting & fucking up the market. I even think Wall St & governments are doing it too. So to answer the OP, unfortunately yes, I think the price could go sub 6k. We’ll reach a new ATH before or a year or so after the halving any way though, bitcoin ALWAYS recovers. This is basically also my plan. My only concern is that if we fall to much then even a doubling or tripling around the next halving won't bring us to 20k again. So I really hope we get the the 10k before then. |
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