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Arriemoller
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November 25, 2018, 10:48:06 AM Merited by JayJuanGee (1) |
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Just bought a little, first time in many years. I feel like when I was new to this and did my first buy.
This is going down more, but at this price no one can mine with profit, so with all rigs turned of supply stops, and provided that demand continues to rise slowly like it has done in the past, the price will slowly recover, just like it did the last time this happened. And it will end with a positive spiral that will peak at an insane price and then turn in to a negative spiral and once again crash the price. And then we repeat.
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somac.
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November 25, 2018, 10:48:38 AM |
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Well, i hope that these prices not only shake weak hands, but cause a large drop in difficulty as well, making mining not even more profitable, but more BTC for my hash... What most of you guys are doing with Fiat, i'm doing with mining... I have a cheap location with power included, so the more it goed down and miners quit, the more miners i buy cheap and install..  Maybe halfway 2019 bullrun can start if you ask me...  Thanks for the comment, good to hear from a miner. Do you have any idea of what breakevens would be? not just for you but for others well, with these prices falling faster as a rock, i would have to calculate it every hour. But if you ask me, we're already past the point that's making mining even profitable... I have my gear paid for, so thats already written off and paid by itself, and my location is not free, but its quite cheap. At this moment i need 4-5 miners running for its cost. each month. So, if price halves from now, i need 8-10. Still profitable (for me) So i have a large breath to go... All the extra mined BTC i put into my stash and hope for recovery. The more miners quit, the faster my stash grows.... Thank you again, great info there. I'm hoping that things go well for you and some miners quit. |
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somac.
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November 25, 2018, 10:49:59 AM Merited by JayJuanGee (1) |
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Current price level is a lifetime opportunity that should not be missed!
Lifetime opportunity is also what they said at 8500 and 6500. Good luck catching this dagger! I've caught the dagger at $4 falling from $32. Then I've caught the dagger at $50 falling from $260. Then I've caught the dagger at $190 falling from $1100. Now I've caught the dagger at $3500 falling from $19000! Glorious, and I love that you still come here to comment. Edit: After your comment I decided to buy a little bit. |
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mindrust
Legendary
 Online
Activity: 1890
Merit: 2065
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November 25, 2018, 10:51:07 AM |
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somac.
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November 25, 2018, 10:57:51 AM |
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which exchanges have troll boxes these days? I wouldn't mind checking out the comments to gauge the panic
BitMEX's Trollbox can help you with that. god damn! looks like a massive battle on the bitmex page with all the flashing green and red. |
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HairyMaclairy
Legendary
 Offline
Activity: 1218
Merit: 1962
Degenerate bull hatter & Bitcoin monotheist
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November 25, 2018, 10:58:52 AM |
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It’s deliberate. Like a slot machine
I turn all that shit off and just look at the chart.
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mindrust
Legendary
Online
Activity: 1890
Merit: 2065
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November 25, 2018, 11:01:07 AM |
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Btw I know it was a dead exchange but still, does anybody realize wex.nz (old btc-e) is down since 22/Nov? https://coinmarketcap.com/exchanges/wex/R.I.P. (when you say, trollbox, there is only one. btc-e, that's why i wanted to check and...) |
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wayna
Jr. Member
Offline
Activity: 103
Merit: 3
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November 25, 2018, 11:02:07 AM |
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 Patience is everything isn't it!?! |
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AlcoHoDL
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November 25, 2018, 11:02:17 AM |
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Pumping...
As it should...
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bitserve
Legendary
Offline
Activity: 1260
Merit: 1175
Self made HODLER ✓
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November 25, 2018, 11:02:57 AM |
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Btw I know it was a dead exchange but still, does anybody realize wex.nz (old btc-e) is down since 22/Nov? https://coinmarketcap.com/exchanges/wex/R.I.P. (when you say, trollbox, there is only one. btc-e, that's why i wanted to check and...) That was the one and only trollbox. I miss it... NOT! Rebound, btw! |
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criptix
Legendary
Offline
Activity: 2198
Merit: 1092
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November 25, 2018, 11:03:16 AM |
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Massive short sqeeze!!!!
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encycrypto
Member
Offline
Activity: 294
Merit: 53
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November 25, 2018, 11:03:36 AM |
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Better... Feels really better
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HairyMaclairy
Legendary
Offline
Activity: 1218
Merit: 1962
Degenerate bull hatter & Bitcoin monotheist
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November 25, 2018, 11:05:41 AM |
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Careful this is just fuckery at the moment imho
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jonoiv
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November 25, 2018, 11:06:19 AM |
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commiserations to those that sold at the bottom.
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bitserve
Legendary
Offline
Activity: 1260
Merit: 1175
Self made HODLER ✓
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November 25, 2018, 11:06:29 AM |
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At least it shows some signs of life.... Let's see if its a trap or not.
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somac.
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November 25, 2018, 11:06:36 AM |
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Btw I know it was a dead exchange but still, does anybody realize wex.nz (old btc-e) is down since 22/Nov? https://coinmarketcap.com/exchanges/wex/R.I.P. (when you say, trollbox, there is only one. btc-e, that's why i wanted to check and...) Yes I have fond memories of those guys back in 2013. I think its a shame they are gone. |
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Last of the V8s
Legendary
Offline
Activity: 1568
Merit: 3957
Be a bank
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November 25, 2018, 11:06:45 AM |
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Careful this is just fuckery at the moment imho
no scalping btc for the win |
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bitserve
Legendary
Offline
Activity: 1260
Merit: 1175
Self made HODLER ✓
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November 25, 2018, 11:06:54 AM |
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commiserations to those that sold at the bottom.
Oh shit... the major! |
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