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

[LFC_Bitcoin]

So ...

I think I will wait until 9k/10k to buy more BTC.

I am just not sure if we bounced up for good or if this just a small pump before going all the way down to "I don't know" ...

But if BTC hits 9k/10k again I feel it really will move up again. (And yes I will bite myself for not buying at 6,5k )

Do you think bitcoin will be worth upwards of $20,000 at some point in the next few years regardless of what the price is now & how much it’s fallen?

If the answer to the bolded is yes then what the fuck are you waiting for now, cheap couns. Load up whilst you can at these prices.

[Wekkel]

Some ICO: https://uetoken.com/

[Biodom]

Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)

technically, yes, but if they are almost 100% correlated, no big difference.
coinbase indicates 6166 low.
tradingview shows btc below 6K for a few minutes, hardly relevant (so far)
personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price.

[vapourminer]

Not surprised you have no merits. Dammit, why can't I demerit you??

On a serious note, I think this whole sMerit system needs a re-thinking.

I wanted to merit this post, but find myself on my last sMerit. So now I'm forced to HODL my last sMerit.

tossed ya a merit to help you recharge as i know youll pass em on to some worthy post or another. well, probably a worthy post.

[600watt]

Some ICO: https://uetoken.com/

Wekkel, this is the best one! 

[vapourminer]

I will merit someone for anyone for .01 BTC per Merit.

Get in while the price is low. ICO. Cheap Merits.

btw....we're up 1.5% for the day!

btc price has gone up 1.5% or the price for buying your merits has gone up 1.5%? 

[Sitarow]

Just updated my old Hardware vs Difficulty chart for BTC. It seems there is miss information going around about cost to mine and such so I wanted to get the "numbers" so to speak out there for newbies and oldschool alike.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing

https://i.imgur.com/v4xu4s1.png - OLD DIFFICULTY from December 6th 2017

New from January 26 2018.
https://i.imgur.com/2oBJ4ZD.png

In the document you will also find the estimated return for the most recent ASIC hardware available now..

[Torque]

Good sign

https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3m

[theymos]

A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?

P.S. I totally called it in this post:

I've been feeling that the price jump has been built on FOMO speculation for a while now. I think that the real, solid base is around $6k (roughly following the longer-term linear trend), but I expect speculators to stabilize it if it reaches $10k, at the very least, and then those prices might or might not stabilize.

So IMO $6k and below is "solid", $6k-$10k is semi-solid, and everything above $10k is a house of cards. No idea what'll actually happen in the next few days, though; it's pure speculative madness. In the next hour, I wouldn't be surprised to see a drop to $10k or an increase to $16k.

[Sitarow]

Good sign

https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3m

Note that old hardware may be  turned off to make way for new hardware going online in march.

https://i.imgur.com/v4xu4s1.png - OLD DIFFICULTY from December 6th 2017

New from January 26 2018.
https://i.imgur.com/2oBJ4ZD.png

[Torque]

A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?

Not sure.

But it is troubling that some "safe haven" assets (like PMs) that in the past were considered inversely correlated with equities haven't caught the bid people would normally expect. It makes me believe that these assets are also over leveraged/inflated and tightly controlled by the Fed and CBs. It's like they don't want money to be able to run anywhere but where they want it to go (or stay). No free market.

The "everything bubble"?

[kurious]

Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)

technically, yes, but if they are almost 100% correlated, no big difference.
coinbase indicates 6166 low.
tradingview shows btc below 6K for a few minutes, hardly relevant (so far)
personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price.

I meant arguing whether the price went under 6K - but I can happily agree about Finex.   I only go in occasionally for something that is impossible to do elsewhere, and only for as short a time as possible. 

I am based in the EU, so Stamp - which paid back when it was hacked, and generally doesn't fall down - suits me.

[RoomBot]

Polo doesn't trade USD /BTC, better reference an exchange that does, maybe? Polo is usually a little higher than (say) Bitstamp - which I personally prefer, and Finex arbs with Stamp, too, usually linking prices between them (roughly)

technically, yes, but if they are almost 100% correlated, no big difference.
coinbase indicates 6166 low [/s] BOTTOM for 2018
tradingview shows btc below 6K for a few minutes, hardly relevant (so far)
personally, I don't like either bitstamp or bitfinex (especially), hence the difference in opinion on price.

FTFY    

[Last of the V8s]

Good sign

https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3m

Note that old hardware may be  turned off to make way for new hardware going online in march.

https://bitcoinwisdom.com/bitcoin/difficulty

hasn't worked in months.

like your sheet thanks. some good memories with those old bricks. jalapeno ftw. 1% diff lol

[jojo69]

Just updated my old Hardware vs Difficulty chart for BTC. It seems there is miss information going around about cost to mine and such so I wanted to get the "numbers" so to speak out there for newbies and oldschool alike.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing
https://i.imgur.com/v4xu4s1.png

In the document you will also find the estimated return for the most recent ASIC hardware available now..

those Avalon 821s ... do you need the separate controller for a single unit or no?

[Last of the V8s]

not
https://canaan.io/product/avalonminer-821/

[elg]

Jalapeno, owwww, you brought up bad memories..... Butterflylabs  

[RejectedBanana]

choo choo

[milkshock100]

We are off to the races

[Last of the V8s]

Jalapeno, owwww, you brought up bad memories..... Butterflylabs  

oh sorry. i see you are quite an old member and must have had rough times with them.
i was young then didn't even read the forum and it was a machine that printed money omg - my first baby. i did not know about the 'ndrangheta connection...
2 of my eventual 3 still work.