Bitcoin Forum
March 19, 2024, 04:30:58 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What happens first:
$65,000 - 59 (86.8%)
$48,000 - 9 (13.2%)
Total Voters: 68

Pages: « 1 ... 10464 10465 10466 10467 10468 10469 10470 10471 10472 10473 10474 10475 10476 10477 10478 10479 10480 10481 10482 10483 10484 10485 10486 10487 10488 10489 10490 10491 10492 10493 10494 10495 10496 10497 10498 10499 10500 10501 10502 10503 10504 10505 10506 10507 10508 10509 10510 10511 10512 10513 [10514] 10515 10516 10517 10518 10519 10520 10521 10522 10523 10524 10525 10526 10527 10528 10529 10530 10531 10532 10533 10534 10535 10536 10537 10538 10539 10540 10541 10542 10543 10544 10545 10546 10547 10548 10549 10550 10551 10552 10553 10554 10555 10556 10557 10558 10559 10560 10561 10562 10563 10564 ... 33173 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26330465 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 1 users with 9 merit deleted.)
ChartBuddy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1741


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 12, 2015, 12:00:07 PM

Bitfinex

Bitstamp

Explanation
1710822658
Hero Member
*
Offline Offline

Posts: 1710822658

View Profile Personal Message (Offline)

Ignore
1710822658
Reply with quote  #2

1710822658
Report to moderator
1710822658
Hero Member
*
Offline Offline

Posts: 1710822658

View Profile Personal Message (Offline)

Ignore
1710822658
Reply with quote  #2

1710822658
Report to moderator
1710822658
Hero Member
*
Offline Offline

Posts: 1710822658

View Profile Personal Message (Offline)

Ignore
1710822658
Reply with quote  #2

1710822658
Report to moderator
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
samson
Legendary
*
Offline Offline

Activity: 2097
Merit: 1068


View Profile
January 12, 2015, 12:07:08 PM

Slowly switching from denial to fear. Couple of weeks ago, denial was the dominant sentiment, now we are also seeing fear, with only some still holding on to denial.






Correct, I see it in myself as well.

There's nothing magic about $50+ making it the absolute bottom.

Just because it stopped around $50 in April 2013 doesn't mean it will again.

There's a whole different bunch of people playing the game today.
luckygenough56
Legendary
*
Offline Offline

Activity: 1526
Merit: 1012



View Profile
January 12, 2015, 12:20:50 PM

plus if it falls below 100, most likely an alt will take over before another btc bubble

it is slowly dying until Ethereum comes out, coincidence ?
dakota neat
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500



View Profile
January 12, 2015, 12:22:38 PM

There's nothing magic about $50+ making it the absolute bottom.

Just because it stopped around $50 in April 2013 doesn't mean it will again.

There's a whole different bunch of people playing the game today.

Looks like we are at euphoria stage of bear market.
Mervyn_Pumpkinhead
Legendary
*
Offline Offline

Activity: 876
Merit: 1000



View Profile
January 12, 2015, 12:23:24 PM

<doomer alert>

Let me guess, you are wearing a placard saying, 'the end of the world is nigh (sell bitcoin)'?

I sold my bitcoins on 2013 December, when the price was about 1060$. After that, I have only bought bitcoin by holding it no more then 12h tops.
I just haven't seen a reason that would cause a strong enough rise to be sustained. I think that the crypto market is highly inefficient, and the majority of the players are dumb and inexperienced.

I believe that there would have been a proper trend reversal in 2014 Q3, if the market would have dropped to around 200$ in Q1 and would have rested there till Q3, and then there would have been enough force to push the rise back into orbit. The fake reversals that we have seen here, have only made the market weaker. For instance, if the price would have stayed at 200$ for the first part of 2014, then it would have slowed down mining expansion and that would have meant less cost for the network and less selling pressure. Biggest buyers of coin jumped in too early and only exhausted their resources in paying the overheated and senseless mining network.
Now, the rich enthusiasts are out of resources or enthusiasm and because there are even more mined accumulated coins waiting to be sold, the selling pressure is even higher then before to push through.
Bitcoin as an investment went to hell, because people couldn't keep a cool head and tried to push BTC up too early. Too much of "if we believe it enough, then anything can happen!!!" attitude will screw things up like that.
phoenix1
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
January 12, 2015, 12:31:40 PM

inca
Legendary
*
Offline Offline

Activity: 1176
Merit: 1000


View Profile
January 12, 2015, 12:33:33 PM

<I sold at the top you fools!>

What is rather strange is that you sold right at the top of the last bubble with perfect timing, then didn't bother to register your account until three months later.

Why are you still here?


Mervyn_Pumpkinhead
Legendary
*
Offline Offline

Activity: 876
Merit: 1000



View Profile
January 12, 2015, 12:46:40 PM

<I sold at the top you fools!>

What is rather strange is that you sold right at the top of the last bubble with perfect timing, then didn't bother to register your account until three months later.

Why are you still here?




I find it rather strange that you think that someone should come directly here after making proper profit. But to calm your suspicion, I have had 2 other accounts during this time period (kkaspar , zapffe ).

I agree with you that coming here isn't exactly constructive, but I like to keep my eye on the general sentiment. I still believe in the idea of open-sourced monetary systems and I think that bitcoin still plays a big part in putting this idea into practice.
bizz
Hero Member
*****
Offline Offline

Activity: 492
Merit: 500


View Profile
January 12, 2015, 12:59:57 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

ChartBuddy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1741


1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ


View Profile
January 12, 2015, 01:00:06 PM

Bitfinex

Bitstamp

Explanation
luckygenough56
Legendary
*
Offline Offline

Activity: 1526
Merit: 1012



View Profile
January 12, 2015, 01:03:39 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM
bizz
Hero Member
*****
Offline Offline

Activity: 492
Merit: 500


View Profile
January 12, 2015, 01:06:15 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

If other miners pull the plug at diff change. Move coins while you can.
NotLambchop
Sr. Member
****
Offline Offline

Activity: 378
Merit: 254


View Profile
January 12, 2015, 01:12:49 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

Hahahahaha.
Good morning, gentlemen.
diabLEEca
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
January 12, 2015, 01:19:03 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

Wait, isn't that actually good news for the price? I see you guys complaining constantly that there are too many miners and thus the supply is bigger than demand. Am I missing something?
N12
Donator
Legendary
*
Offline Offline

Activity: 1610
Merit: 1010



View Profile
January 12, 2015, 01:23:08 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.

Hahahahaha.
Good morning, gentlemen.
Love how Bitcoin is such a den of thieves, scammers and con artists that we can't even keep it at one incident per week anymore.

How many stolen Bitcoins are going to be distributed on the market this time? Cheesy
diabLEEca
Member
**
Offline Offline

Activity: 61
Merit: 10


View Profile
January 12, 2015, 01:23:09 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

Wait, isn't that actually good news for the price? I see you guys complaining constantly that there are too many miners and thus the supply is bigger than demand. Am I missing something?

The supply is the same regardless of the number of miners.

Then what could actually lower the supply?
luckygenough56
Legendary
*
Offline Offline

Activity: 1526
Merit: 1012



View Profile
January 12, 2015, 01:23:39 PM

a fork lol
JamesBrown
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
January 12, 2015, 01:23:50 PM

Pressure on miners confirmed!
Totscha
Hero Member
*****
Offline Offline

Activity: 1276
Merit: 622



View Profile
January 12, 2015, 01:24:51 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

Wait, isn't that actually good news for the price? I see you guys complaining constantly that there are too many miners and thus the supply is bigger than demand. Am I missing something?

Nothing will change, CEX.IO will continue to mine with all it's hardware. Only the customers who purchased cloud GHs will get nothing, because the maintenance fees will become higher than their income.

And in all seriousness, let me repeat the BASIC principle of Bitcoin supply. Supply is CONSTANT. That's why the difficulty adjusts to the hashrate, to keep the supply constant. 25 BTC each 10 minutes...
Mervyn_Pumpkinhead
Legendary
*
Offline Offline

Activity: 876
Merit: 1000



View Profile
January 12, 2015, 01:26:07 PM

CEX.IO Temporarily Suspends Cloud Mining Services

http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/

Quote
Taking into consideration our users’ interests, the recent Bitcoin price drop, as well as the upscaling of the mining difficulty, CEX.IO Bitcoin Exchange would like to announce a temporary suspension of cloud mining services provided by the platform at the time of the next difficulty increase.



DOOM

Wait, isn't that actually good news for the price? I see you guys complaining constantly that there are too many miners and thus the supply is bigger than demand. Am I missing something?

It is, but in a longer perspective. There will be a lag by the already accumulated coins that have been mined with high production costs and hopes of quick ROI. These coins create high selling pressure and there won't be a rise before these coins have switched hands. This won't be over quickly and I think that it will be too late for BTC when the market finally recovers from the mining craze.
Pages: « 1 ... 10464 10465 10466 10467 10468 10469 10470 10471 10472 10473 10474 10475 10476 10477 10478 10479 10480 10481 10482 10483 10484 10485 10486 10487 10488 10489 10490 10491 10492 10493 10494 10495 10496 10497 10498 10499 10500 10501 10502 10503 10504 10505 10506 10507 10508 10509 10510 10511 10512 10513 [10514] 10515 10516 10517 10518 10519 10520 10521 10522 10523 10524 10525 10526 10527 10528 10529 10530 10531 10532 10533 10534 10535 10536 10537 10538 10539 10540 10541 10542 10543 10544 10545 10546 10547 10548 10549 10550 10551 10552 10553 10554 10555 10556 10557 10558 10559 10560 10561 10562 10563 10564 ... 33173 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!