hyphymikey
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September 18, 2014, 02:26:54 AM |
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Anyone knows loaded's stance on bitcoin these days?
I know he had a shit load of coins, probably around 80k
Must feel pretty shitty to lose all that money when price is going down lol. unless he sold
He bought the majority of his coins WELL below these prices. 40K of them are still in one address, that I think he still owns, unless he sold them all at once 11 months ago before the bubble. https://blockchain.info/address/14j6jLececs66ZQ8ew6vTFNiEn2NupacWJ
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nsimmons
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September 18, 2014, 02:42:48 AM |
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Wall post!
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keewee
Legendary
Offline
Activity: 1025
Merit: 1000
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September 18, 2014, 02:43:39 AM |
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Anyone knows loaded's stance on bitcoin these days?
I know he had a shit load of coins, probably around 80k
Must feel pretty shitty to lose all that money when price is going down lol. unless he sold
He bought the majority of his coins WELL below these prices. 40K of them are still in one address, that I think he still owns, unless he sold them all at once 11 months ago before the bubble. https://blockchain.info/address/14j6jLececs66ZQ8ew6vTFNiEn2NupacWJHe only verified his ownership of the 40k in that address and if they're still in the same address then he must still own them. He was also managing another 160k for other people. Would be interesting to hear from him again It was always fun when he made an appearance and Bam! 4-5000 coins would be bought shortly after. He was a trading signal
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jl2012
Legendary
Offline
Activity: 1792
Merit: 1093
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September 18, 2014, 02:49:22 AM |
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Anyone knows loaded's stance on bitcoin these days?
I know he had a shit load of coins, probably around 80k
Must feel pretty shitty to lose all that money when price is going down lol. unless he sold
He bought the majority of his coins WELL below these prices. 40K of them are still in one address, that I think he still owns, unless he sold them all at once 11 months ago before the bubble. https://blockchain.info/address/14j6jLececs66ZQ8ew6vTFNiEn2NupacWJHe only verified his ownership of the 40k in that address and if they're still in the same address then he must still own them. He was also managing another 160k for other people. Would be interesting to hear from him again He disappeared since mtgox's collapse, which "ruined his weekend". He did log-in once in June but said nothing. Actually, I suspect he's among us, posting with a different name. Anyway, I'd be nice to here from him again. Not for any investment advice, just want to know he's okay after the mtgox mess
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 18, 2014, 02:58:59 AM |
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David M
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September 18, 2014, 03:05:20 AM |
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Davyd05
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September 18, 2014, 03:11:04 AM |
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where does it stop you think? the hash rate that is
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David M
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September 18, 2014, 03:15:36 AM |
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Holy hash power, batman!
It's staggering isn't? Nearly 300 million billion hashes per second. I remember firing up the Satoshi client and being stoked with 500,000 hashes per second.
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 18, 2014, 03:16:24 AM |
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where does it stop you think?
not for a LONG time, the mining tech is improving cost pre TH is coming down.... and so it hash rate goes up. if we could get out of this damn down trend, then we'd be sure hash rate will continue to go up Up UP!!!!!!!
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adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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September 18, 2014, 03:18:46 AM |
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Holy hash power, batman!
It's staggering isn't? Nearly 300 million billion hashes per second. I remember firing up the Satoshi client and being stoked with 500,000 hashes per second. MH GH TH what will they think of next?
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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September 18, 2014, 03:19:23 AM |
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Holy hash power, batman!
It's staggering isn't? Nearly 300 million billion hashes per second. I remember firing up the Satoshi client and being stoked with 500,000 hashes per second. MH GH TH what will they think of next? Isnt it Petahash?
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Davyd05
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September 18, 2014, 03:20:20 AM |
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where does it stop you think?
not for a LONG time, the mining tech is improving cost pre TH is coming down.... and so it hash rate goes up. if we could get out of this damn down trend, then we'd be sure hash rate will continue to go up Up UP!!!!!!! I meant in the sense where would this recent spike in has rate peak, 219 to 289k gh/s is pretty impressive..wonder if its a new farm coming online or testing of new mining gear pre shipment.
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WoopDeBoop
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September 18, 2014, 03:24:24 AM |
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china has broken 2800
They still way above bitstamp and btc-e Bitfinex scratching 24h low. Is Crypto done?? Depends how you define "crypto." Some protocols are doing fine. Really? Last year i sold 200k XRP for nearly 10 btc. How many btc do I get for 200k XRP today? lol
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explorer
Legendary
Offline
Activity: 2016
Merit: 1259
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September 18, 2014, 03:26:47 AM |
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Holy hash power, batman!
It's staggering isn't? Nearly 300 million billion hashes per second. I remember firing up the Satoshi client and being stoked with 500,000 hashes per second. MH GH TH what will they think of next? Isnt it Petahash? Not for long Just saw this again, from one year ago: http://blog.standardcrypto.com/2013/09/17/what-does-one-exahash-look-like/
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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September 18, 2014, 03:39:32 AM |
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cool story, except chips are getting smaller and more efficient each few months or so. That's why a miner that is delivered even a month or three late is worthless on arrival. It will immediately be outclassed by more energy-efficient miners. It's not a race who has the most hashes, it's a race who has the best Hash/Joule ratio (and also cheap energy, because in europe you're screwed anyway, *cough taxes cough*).
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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September 18, 2014, 03:43:45 AM |
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ah fuck this
* cutting looses *
rats bailing ship!!!! if we see $150 again i'll buy a bunch "out of pocket" ;-) haha I bought some today at $445. I have been running low on fiat for the last couple of months now, because I believe that I got a bit too excited in early June when the weekly MACD turned Green around $600-ish, and at that time, it seemed to me that BTC prices were gearing up to head for the moon... ... so I prepared accordingly, and stocked up on what I considered to be a pretty good chunk of BTC. At that point, I made an executive decision to approximately double my BTC holdings.... Anyhow over the next several weeks (going on two months worth of spreading out my big buys) I bought quite a few BTC - let's just say that I bought more than 50 BTC in the upper $500s to lower $600s price range; however, you all likely realize that there can be some regret (and second guessing) there b/c upon reflection, I see that I could have purchased 15 to 20BTC more with the same quantity of dollars, had I known that the price was going down into this mid-$400s range, rather than going up (as I had anticipated).. and my average price per BTC would have been a lot lower - probably in the upper $400s rather than currently hovering at $602 (including transaction fees)... Sometimes, I believe that it is easy to get hyped up about this BTC investment thing-a-ma-jiggy, and even though I am NOT too worried yet, I continue to feel the need to throw more dollars at what appears to be this downward trending asset.. as my new fiat come to my availability... Currently, I am thinking that maybe my next buying point will be in the upper $420s (if prices go that low in the coming weeks) - otherwise, I will just buy BTC at whatever price point we are at (so long as I am continuing to bring down my average price per BTC) as more fiat comes available to me. Further I have been considering taking some fiat from some of my other funds - either late 2014 or early 2015... to possibly double down again... but with these declining prices, it becomes easy to get nervous about whether I am going to overexpose myself in the BTC category.. currently, BTC remains less than 10% of my quasi-liquid investment assets.. but it still feels a little uncomfortable when currently my BTC holdings are hovering approximately 26% in the red (I realize that there are some people who are further in the red than me and also more over exposed than me).
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JayJuanGee
Legendary
Online
Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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September 18, 2014, 03:51:51 AM |
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china has broken 2800
They still way above bitstamp and btc-e Bitfinex scratching 24h low. Is Crypto done?? Depends how you define "crypto." Some protocols are doing fine. Really? Last year i sold 200k XRP for nearly 10 btc. How many btc do I get for 200k XRP today? lol I have already proven myself to NOT be a math expert; however, at today's prices 1 BTC equals about 84,286 XRP... therefore 200k XRP would get you about 2.373 BTC - which is nearly 24% of its last year's value (some alt cryptos have done even worse than that).
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Loaded
Full Member
Offline
Activity: 135
Merit: 113
whale eater
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September 18, 2014, 03:57:27 AM |
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Anyone knows loaded's stance on bitcoin these days?
I know he had a shit load of coins, probably around 80k
Must feel pretty shitty to lose all that money when price is going down lol. unless he sold
He bought the majority of his coins WELL below these prices. 40K of them are still in one address, that I think he still owns, unless he sold them all at once 11 months ago before the bubble. https://blockchain.info/address/14j6jLececs66ZQ8ew6vTFNiEn2NupacWJHe only verified his ownership of the 40k in that address and if they're still in the same address then he must still own them. He was also managing another 160k for other people. Would be interesting to hear from him again He disappeared since mtgox's collapse, which "ruined his weekend". He did log-in once in June but said nothing. Actually, I suspect he's among us, posting with a different name. Anyway, I'd be nice to here from him again. Not for any investment advice, just want to know he's okay after the mtgox mess Hello.
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 18, 2014, 03:58:58 AM |
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Bitcopia
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September 18, 2014, 04:01:22 AM |
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The hash rate blows my mind at 275,000,000 GH/s. Litecoin's hash rate is at just under 1,000,000 MH/s equaling roughly 1/275,000 of the bitcoin hash rate. Why is the price discrepancy not greater? Wouldn't it be more profitable to mine LTC and trade it for bitcoin? What am I missing here?
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