End of Big Miners

[timk225]

Yes, that's it, I meant $300.  I said $200 and was a bit restrictive in using that number, but it hasn't even hit $220 yet as far as I know, so FOR SURE it ain't getting up to $300!

If it does, I'll pay a couple homeless guys to kick my ass for being so tragically wrong and not buying BTC when it was in the $60-$70 range a couple months ago.

And now that I've said that, BTC will head for $300................

[leannemckim46]

Now lets predict, its going to hit $100 in 1 week

[Samir_H]

Price is not going up, not even at close rate as difficulty. For how long it's around 130$?

15 days later.  Now its $195... price is not going up eh?

Easy to be smart now.
I'm happy to be wrong about that even partially but it's still not going up at close rate as difficulty

[Tehfiend]

but it hasn't even hit $220 yet as far as I know, so FOR SURE it ain't getting up to $300!

FYI it peaked at $233...

[timk225]

FYI it has fallen / tumbled / crashed to $206 now.

[xzempt]

lol... how is something that was $125 a month ago....  $206 today considered crashing?    

[timk225]

I'm trying to make myself sound better.

Doesn't it disturb you how it can peak at 233 and drop to 190 in a couple hours, rebound to 214 and fall to 206 all in one afternoon?  The word is unstable.                                  

The same thing happens in the stock market all the time.  The Dow Jones hits 14,000, the news reporters are happy.  It hits 14,500, they are ecstatic.  It hits 15,000, they are freaking out with joy.

It drops to 14,950, they are pissing their pants with doom and gloom.  "The market is crashing, the next depression is coming soon!".

[overunity]

In most forex previous resistance gets tested ,The $144 ish level was tested already ,so the only resistance that has not been  tested is $164 it high probability that this will be visited before a significant move higher .

If you missed out on the previous move averaging in as close to $164 may be the best price you will get in at now .although $174  seems to be holding up at the moment .

[high110]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

[leannemckim46]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

ASIC is still cheaper comparing price per GH/S. Thats why they are selling right?

[high110]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

ASIC is still cheaper comparing price per GH/S. Thats why they are selling right?

They are - the problem is...you have to wait.  You're placing a bet =/... so there's a good chance you might not get the returns... ROI is quickly turning into days before miners become obsolete.  

[ZetaOS]

Buyed 12Ghs 2013-10-24 made 0.10 BTC

[high110]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

ASIC is still cheaper comparing price per GH/S. Thats why they are selling right?

You're right - but we can't have them now =(  There's wait before they are released in the wild right?  When are the next big waves hitting?? November? December?

[ZetaOS]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

ASIC is still cheaper comparing price per GH/S. Thats why they are selling right?

You're right - but we can't have them now =(  There's wait before they are released in the wild right?  When are the next big waves hitting?? November? December?

January and February

[high110]

As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  

ASIC is still cheaper comparing price per GH/S. Thats why they are selling right?

You're right - but we can't have them now =(  There's wait before they are released in the wild right?  When are the next big waves hitting?? November? December?

January and February

Great - so we have a bit of time then to mine!