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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 55 (36.7%)
$50K - 95 (63.3%)
Total Voters: 150

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25367819 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. (157 posts by 13 users deleted.)
jojo69
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1/21000000 , the only math you need to know


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March 18, 2018, 04:41:43 AM


There may be some hidden gem out there, but from what I can tell, mining with a Nvidia 1070 just isn't worth it, for me. Especially if you take into consideration the accelerated wear and tear on your GPU. I'd need to mine for 2 years with the current conditions just to make up the cost of the GPU and the electricity. Naturally, the "current" conditions are not going to hold for 2 whole years. It is likely to deteriorate to the point where my GPU would fry before ever making up the cost. At least my one and only GPU is attached to a computer. All I need to do is get into gaming. However, the last time that I was really into gaming, Ms Pac-Man was a thing. Cheesy

I think this is the wrong way to think about it.

In the doldrums after the $32 spike at some point my 6950 configs broke down and it was "unprofitable" anyway so I didn't get around to fixing them for months.

Ask me now if I wish I had mined continuously through that period.
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criptix
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March 18, 2018, 05:20:47 AM

U guys need to have in mind that big mining oerations are forced to liquidate to pay running costs.

Mining to hold is usually less profitable and more work then just directly buying crypto and holding.
bones261
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March 18, 2018, 05:43:30 AM

I don't understand the obsession with the mining profitability. So some miners will go offline and the hash rate will adjust. Is there something that I'm missing? Some way in which this is important that hasn't occurred to me?

The problem is that the hash rate rarely goes down for the more established coins. Due to economies of scale, the bigger and more efficient operations just get bigger. Nothing like a bear market to make mining even more centralized than it already is.
pacman7331
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March 18, 2018, 06:00:58 AM

All we gotta do is 8k to break out of the 20k downtrend. Bulls must be totally defeated 😕.
jbreher
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lose: unfind ... loose: untight


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March 18, 2018, 06:09:01 AM

As a business owner I wouldn't price anything in bitcoin.

I'm still willing to honor my 2011 price for my chart topping CD. Still available for the low price of 1.2 BTC each, including shipping.

(Yes, I sold several at that price)
Toxic2040
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March 18, 2018, 06:20:27 AM

RoomBot
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March 18, 2018, 06:40:16 AM

What do you think is going on?  Huh

Other than miners dumping to pay their bills, and the whales shorting? And Average Joe not jumping in to buy because he scared?

Not much else.
I'm disappointed that you, of all the distinguished gentlemen in this fine room, didn't come up with some fascinating, food-for-thought explanation.

Ask the ladies.
Elwar
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Viva Ut Vivas


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March 18, 2018, 06:55:45 AM

Highest volume for today was at the $7520 low. Could be a good thing.
HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist


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March 18, 2018, 07:22:01 AM

Don’t eat for another 30 days and we can find out. 
realr0ach
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#TheGoyimKnow


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March 18, 2018, 07:31:02 AM

Bitcoin - a cargo cult rags to riches to rags story.
Raja_MBZ
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Any questions related to my signature site? PM me!


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March 18, 2018, 07:33:27 AM

Bitcoin - a cargo cult rags to riches to rags story.

"a rags to riches to rags to riches (again) story" would be more appropriate.
TERA2
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Deb Rah Von Doom


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March 18, 2018, 08:02:32 AM



Something is wrong. This glade is alot shorter than predicted.
600watt
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March 18, 2018, 08:27:35 AM

I haven't eaten in 6 days.


Actually on purpose...but it is appropriate. Maybe at the 10 day mark I will finish the fast and the sun will once again shine on Bitcoin. Like how after Jesus fasted for 40 days he came out and everything worked out just fine...

it is honorable that you are on the way to take one for the team, but starving to death is kind of a too big sacrifice.  Wink
Last of the V8s
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Be a bank


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March 18, 2018, 08:41:15 AM

I'm going to miss the mayor though
um?
Fatman3001
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Make Bitcoin glow with ENIAC


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March 18, 2018, 08:58:54 AM


Yo, dudes and dudettes!

How ya doin?

Everyone getting their apocalyptic tan on?
Fatman3001
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Make Bitcoin glow with ENIAC


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March 18, 2018, 09:02:28 AM

the BTC ballcap.
One day you and I are going to have to have a really candid talk about the implications of people coming aboard and getting rekt. I'm not proud of everything we've accomplished here.

217th Rule of Acquisition : You can't free a fish from water.
savetherainforest
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Plant 1xTree for each Satoshi earned!


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March 18, 2018, 09:03:30 AM
Last edit: March 18, 2018, 09:16:22 AM by savetherainforest


Yo, dudes and dudettes!

How ya doin?

Everyone getting their apocalyptic tan on?


Sure... Smiley  Fine!!!... Smiley maybe...  why not? Smiley
I'm too white anyway... Sad

conspirosphere.tk
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Bitcoin is antisemitic


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March 18, 2018, 09:37:43 AM

Futures are up though. Signs of a Good Buy?





https://www.investing.com/currencies/cboe-bitcoin-futures-technical
Last of the V8s
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Be a bank


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March 18, 2018, 09:40:50 AM


hacked or bonkers?
Vlada69
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In Kano we trust


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March 18, 2018, 09:43:09 AM


hacked or bonkers?

neither just california...
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