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

[bones261]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

Yes, you can. But with all the security incidents with that coin, it's really going downhill.

[xhomerx10]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

[bitserve]

Just noticed that Bcash coin has fallen below .1 , now @ .093.    

It looks like a lot of alts are being squeezed to provide more rocket fuel for Bitcoin. Reverse flippening? Dominance currently at 62% and rising, captain. 

YUp, it's one of those times where I feel a bit sad about my little alts... and then realise their combined value is not much more than 10 or 20% of my portfolio so I fucking don't care

[AlcoHoDL]

12,000 € ATH @ Kraken!

There's no point anymore...

I'm off to bed to make some profits while sleeping. Will be checking the charts in my dreams.

See you guys tomorrow!


PS: Well done, Andreas! Well deserved!

[bitserve]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

[bones261]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

My one 1070 could make about $2.58 per day, discounting electricity at 15 cents/KW. So a better card could probably make six.

[soullyG]

Can we switch to millibits already? 

[bitserve]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

My one 1070 could make about $2.58 per day, discounting electricity at 15 cents/KW. So a better card could probably make six.

I have an old R9 280X that I only rarely use it for oclhashcat. Is it even worthy to mine anything with it nowadays? Donno much about current gpu cards/developments. Don't even know what a 1070 is....

[bones261]

I have an old R9 280X that I only rarely use it for oclhashcat. Is it even worthy to mine anything with it nowadays? Donno much about current gpu cards/developments. Don't even know what a 1070 is....

Nvidia 1070. You can use this web site to try and calculate what coin is best to mine. https://whattomine.com/ Not sure your old GPU will yield much. Maybe with a Cryptonight hash coin.

[jojo69]

the top is in

[Paashaas]

https://twitter.com/BitfuryGeorge/status/938557411459289089

The trillions better hurry, the South Koreans are buying all of the coins for sale under $100k.

We're to spoiled with all those billions moving into Bitcoin these days... lol.

$14.000 

[spiderbrain]

the top is in

The TOP top, or just this top?

[HairyMaclairy]

Lol, ethereum is looking back at its beloved 300$ again

Hahahaha as an ETH bag holder I love it !

[JimboToronto]

Finally got our correction. Nice to see it not just running away,

Was that it? Time to start moving back up, albeit a little less frantically?

[HairyMaclairy]

AUD $22000 high

$3500 arbitrage on USD exchanges, rate 0.76

USD $14000 btc
AUD should be $18500 btc

insane

if only i could transfer AUD to USD

I don’t want fiat in transit for 3 days when it could be in Bitcoin

[RayX12]

Wait, wait, need and altcoin breather...   

[JimboToronto]

What a lovely little correction that was, just enough to moderate the rally without killing it. 

Down a grand and right back up $750. 

[HairyMaclairy]

Dumped my second tier alts. Going bull hunting in alt-land.

[TERA2]

Hannukah starts Dec 12

[yefi]

Perhaps I'm idealistic, but I seek a world where folks express market sentiment without exploiting fatal train crashes.