Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Fatman3001]

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

price of btc per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt  miner ,  cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner,  cost of 1 BTC is around 175

@ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)


- this is just electricity cost.
- new miner need to ROI

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

[noobtrader]

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

price of btc per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt  miner ,  cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner,  cost of 1 BTC is around 175

@ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)


- this is just electricity cost.
- new miner need to ROI

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

yes but it was in early november, difficulty has rises like 20% since then.
so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time.
even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month...

but how high the difficulty after 6 month ?

[Fatman3001]

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

price of btc per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt  miner ,  cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner,  cost of 1 BTC is around 175

@ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)


- this is just electricity cost.
- new miner need to ROI

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

yes but it was in early november, difficulty has rises like 20% since then.
so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time.
even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month...

but how high the difficulty after 6 month ?

You'll probably see difficulty tail off around Dec/Jan. Unless BTC price shoots up.

[galdur]

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

price of btc per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt  miner ,  cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner,  cost of 1 BTC is around 175

@ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)


- this is just electricity cost.
- new miner need to ROI

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

yes but it was in early november, difficulty has rises like 20% since then.
so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time.
even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month...

but how high the difficulty after 6 month ?

Well, it´s difficult to say. Maybe +50%, maybe less maybe more. At any rate the trend is decidedly upwards, the acceleration could slow temporarily, time will tell.

If you´re making financial plans I think +50% is a reasonable and conservative projection.

[noobtrader]

lets check my latest price/mining cost perspective @ 62,253,982,450    difficulty

price of btc per mining cost perspective (eletricity price @ 12 cent)....

@ old miner 1T/1000 watt  miner ,  cost of 1 BTC is now 350

@ new miner which 2T/1000watt miner,  cost of 1 BTC is around 175

@ newest miner which 4T/1000watt miner, cost of 1BTC 86 (if this really exist)


- this is just electricity cost.
- new miner need to ROI

https://bitmaintech.com/productDetail.htm?pid=000201511170341298180m44675v0613

yes but it was in early november, difficulty has rises like 20% since then.
so if we apply this 86 should now 103, yes it was 200+ profit, but new miner need to ROI within certain amount of time.
even if you buy with btc which from your link stated around 6 btc there should aim for ROI within 6 month...

but how high the difficulty after 6 month ?

Well, it´s difficult to say. Maybe +50%, maybe less maybe more. At any rate the trend is decidedly upwards, the acceleration could slow temporarily, time will tell.

If you´re making financial plans I think +50% is a reasonable and conservative projection.

You'll probably see difficulty tail off around Dec/Jan. Unless BTC price shoots up.

i dont think so, this last few weeks difficulty rises like 1% per day, i says it will slow down after 5 month or so when btc cost like 300 even at 4T/1000W.  then  price should rises again, due to halfing

[Richy_T]

If you meant from one day to another then, sure.

Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down.

[ChartBuddy]

Coin



Explanation

[galdur]

Now that the hashrate is over 500 petahashes you'll probably start hearing the term exahash in a few months and zettahash maybe early 2017. Exponential functions are fascinating.

[galdur]

If you meant from one day to another then, sure.

Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down.

Deniers work by calling everything they can't refute with facts and logic 'trolling.'
It's super effective

@galdur: exponential functions are fascinating, mainly because people have such a hard time grasping them.

Yeah. If something increases by 50% every six months, it doubles every 8-9 months or so. I guess Joe Sixpack may have trouble grasping such concepts.

[DeathAngel]

Coin



Explanation

Hoping we get to around 350 by the end of the week. 320's ars damgerous in the sense there's not much of a cushion to sub 300.

[galdur]

If you meant from one day to another then, sure.

Trolls work by cherry picking data. If you were buying a soda at a store with $10, until you got your change, they would say you were $9 down.

Deniers work by calling everything they can't refute with facts and logic 'trolling.'
It's super effective

@galdur: exponential functions are fascinating, mainly because people have such a hard time grasping them.

Yeah. If something increases by 50% every six months, it doubles every 8-9 months or so. I guess Joe Sixpack may have trouble grasping such concepts.

Forget Joe Sixpack, I have trouble dealing with exponential functions. You, of course, have a much more powerful mind, and immediately answered "18,446,744,073,709,551,615" when presented with the linked riddle. Good on you!

Well, the doubling time rule of thumb is easy. The number 72.

So, if this hashrate ballooning continues at 10% every 14 days it´ll double in 7.2 times 14 days or so.

[BlindMayorBitcorn]

Poor moderators tilting at windmills. Lambie is practically a part of the software.

[galdur]

Yeah, I was wondering what happened to that Lambchop weirdo that was so busy exposing himself here. I guess he´s on his 50th account by now...

[ChartBuddy]

Coin



Explanation

[Richy_T]

If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?

[Meuh6879]

GOLD surge ... Bitcoin follow like usual. 
http://www.zerohedge.com/news/2015-11-24/gold-silver-surge-goldmans-crucial-levels

[soullyG]

If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?

There's a new Wall Observer thread over on the Bitco.in forums, I'm sure people would love to see Chartbuddy (and anyone else interested) there. Lambies not welcome

https://bitco.in/forum/threads/wall-observer.27/

[BlindMayorBitcorn]

If only this site had a competent owner. How did he manage to get a stranglehold on the major forms of Bitcoin communication?

There's a new Wall Observer thread over on the Bitco.in forums, I'm sure people would love to see Chartbuddy (and anyone else interested) there. Lambies not welcome

https://bitco.in/forum/threads/wall-observer.27/

I've been there. It isn't funny.

[JimboToronto]

Good morning Bitcoinland.

Not much to say today except it's looking pretty flat. No dip to buy, no rise to celebrate.

Ho ho hold hum.

[aztecminer]

GOLD surge ... Bitcoin follow like usual. 
http://www.zerohedge.com/news/2015-11-24/gold-silver-surge-goldmans-crucial-levels

surge ?? gold is up $6.00 while silver is up .11 cents... i wish it would surge .. hhahhahha!