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Question: Which price is bitcoin going to reach first? (credits to Jay)
$25K - 56 (34.6%)
$50K - 106 (65.4%)
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25375954 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.)
empowering
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November 29, 2018, 05:43:53 PM

I haven't been active here much, but I'm still alive. I will try to at least delete the worst shitposting. Reporting particular posts to me via PM is helpful.

We had a long holiday weekend here in the states, and then my wife delivered our first baby right after. Shit's been crazy - attending to work, baby, wife, and sleeping when I get "free time".


Congrats man!
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bitserve
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November 29, 2018, 06:08:36 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

Is that cheap? Is it worth it? I haven't mined since the Antminer S3, maybe I should give it another go for the lulz.

P.S.: It basically says in its own page that it is unprofitable to mine with it. And... 1700Watts? That would be a very expensive PSU that I don't have. Think I'll pass on the offer.
Last of the V8s
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November 29, 2018, 06:10:31 PM

^nfi any more either. doubt it somehow. vapourminer you know? lightfoot?
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November 29, 2018, 06:19:47 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

Is that cheap? Is it worth it? I haven't mined since the Antminer S3, maybe I should give it another go for the lulz.

P.S.: It basically says in its own page that it is unprofitable to mine with it. And... 1700Watts? That would be a very expensive PSU that I don't have. Think I'll pass on the offer.
Yeah I have stayed away from mining Sha for quite some time, it's too aggressive on difficulty and the equipment is all Enterprise style (loud as fuck fans over standard 110v power draw) GPU mining is even getting cut out more and more by fpga and I want to dip my toes in fpga but the up front cost is too damn high.
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November 29, 2018, 06:27:42 PM

Why do bitcoiners want a Lambo?

Because Ferrari is owned by Fiat.


What do you get if you cross Jamie Dimon with Roger Ver?

A cunt!

Where does an Eskimo keep his Bitcoins?


In a cold wallet.

why does a bitcoiner hodls

because he's supposed to

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what is this "brake pedal" you speak of?


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November 29, 2018, 06:28:13 PM

^nfi any more either. doubt it somehow. vapourminer you know? lightfoot?

negative. sounds like an april fools joke to me. except for the timing of course.
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November 29, 2018, 06:29:22 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

Is that cheap? Is it worth it? I haven't mined since the Antminer S3, maybe I should give it another go for the lulz.

P.S.: It basically says in its own page that it is unprofitable to mine with it. And... 1700Watts? That would be a very expensive PSU that I don't have. Think I'll pass on the offer.
Yeah I have stayed away from mining Sha for quite some time, it's too aggressive on difficulty and the equipment is all Enterprise style (loud as fuck fans over standard 110v power draw) GPU mining is even getting cut out more and more by fpga and I want to dip my toes in fpga but the up front cost is too damn high.

A quick calc on https://whattomine.com/asic

20Tera Hashes @ 1700W
Electricity @ $0.1/kWh

This generates $3.39 on Bitcoin mining, with an overall profit of -$0.69 / day.

I guess it may be a cheap way to heat your greenhouse in the winter, but not much else.






bitserve
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November 29, 2018, 06:33:25 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

Is that cheap? Is it worth it? I haven't mined since the Antminer S3, maybe I should give it another go for the lulz.

P.S.: It basically says in its own page that it is unprofitable to mine with it. And... 1700Watts? That would be a very expensive PSU that I don't have. Think I'll pass on the offer.
Yeah I have stayed away from mining Sha for quite some time, it's too aggressive on difficulty and the equipment is all Enterprise style (loud as fuck fans over standard 110v power draw) GPU mining is even getting cut out more and more by fpga and I want to dip my toes in fpga but the up front cost is too damn high.

A quick calc on https://whattomine.com/asic

20Tera Hashes @ 1700W
Electricity @ $0.1/kWh

This generates $3.39 on Bitcoin mining, with an overall profit of -$0.69 / day.

I guess it may be a cheap way to heat your greenhouse in the winter, but not much else.








Yes, that's more or less the same calculations they give in their page: https://www.asicminervalue.com/miners/canaan/avalonminer-921

Maybe if you have free electricity. But the heat on the winter argument.... I have always said that electric resistance generated heat is 4.x less efficient that a heat pump, so no, not even in that case.

With that figures they would have to give them for free or even pay me to run it lol
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November 29, 2018, 06:38:59 PM

Battle to come at $4350 but looking strong at the moment

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November 29, 2018, 06:44:27 PM
Merited by Paashaas (1)

Battle to come at $4350 but looking strong at the moment



Thanks HM, really enjoying your input in this thread. Interesting to read your analysis, just a little thanks for providing us with your charts/TA/predictions etc.

This is by far my favourite thread on here, I’m a cold bastard in life mostly but it’s a pleasure being a part of this thread with you guys over the years.

Here’s to many more years on here together!



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November 29, 2018, 06:45:27 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

Is that cheap? Is it worth it? I haven't mined since the Antminer S3, maybe I should give it another go for the lulz.

P.S.: It basically says in its own page that it is unprofitable to mine with it. And... 1700Watts? That would be a very expensive PSU that I don't have. Think I'll pass on the offer.
Yeah I have stayed away from mining Sha for quite some time, it's too aggressive on difficulty and the equipment is all Enterprise style (loud as fuck fans over standard 110v power draw) GPU mining is even getting cut out more and more by fpga and I want to dip my toes in fpga but the up front cost is too damn high.

A quick calc on https://whattomine.com/asic

20Tera Hashes @ 1700W
Electricity @ $0.1/kWh

This generates $3.39 on Bitcoin mining, with an overall profit of -$0.69 / day.

I guess it may be a cheap way to heat your greenhouse in the winter, but not much else.








Yes, that's more or less the same calculations they give in their page: https://www.asicminervalue.com/miners/canaan/avalonminer-921

Maybe if you have free electricity. But the heat on the winter argument.... I have always said that electric resistance generated heat is 4.x less efficient that a heat pump, so no, not even in that case.

With that figures they would have to give them for free or even pay me to run it lol

 Okay but if you are paying 4.08 for electricity but can reduce the cost to .69 after your Bitcoin earnings, then the apparent efficiency of the obsolete-miner-heating method is  5.9x more efficient than resistance heating (or 1.475 more efficient than a heat pump)... at current Bitcoin prices - I think?

edit: to muddy the explanation further
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November 29, 2018, 06:47:54 PM

https://www.coindesk.com/bitcoin-mining-giant-holds-flash-sale-to-celebrate-price-bottom
Bitcoin mining firm Canaan Creative has revealed it is temporarily cutting prices across all of its crypto mining devices.
As part of its “flash sale” starting today, all of the company’s miners – from the Avalon 921 (20 terahashes per second) to the Avalon 851 (14.5 TH/s) – are all [sic] available at $200 each.

hmmmm

1. Their website does not reflect the $200 price tags.
2. If I am correct, even if the miners are handed out for free, I still need a donation of $600 per month to stay even.

Only those who pay less than 0.08 KWh do not lose money.
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November 29, 2018, 06:48:54 PM

I TRUST COINDESK AND CANAAN TO LOOK AFTER MY BEST INTERESTS. YOU ARE ALL CYNICAL PLEBS
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November 29, 2018, 06:51:55 PM
Merited by LFC_Bitcoin (2)

Thanks LFC.  Sometimes I just think that the pictures are pretty.

In the last couple of minutes since posting it looks like a tiny crack developing.  Worth keeping an eye on.



Edit:  things that make you go hmmmm

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November 29, 2018, 06:56:01 PM
Merited by HairyMaclairy (1)

Thanks LFC.  Sometimes I just think that the pictures are pretty.

In the last couple of minutes since posting it looks like a tiny crack developing.  Worth keeping an eye on.


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November 29, 2018, 06:58:28 PM

I TRUST COINBASE AND CANAAN TO LOOK AFTER MY BEST INTERESTS. YOU ARE ALL CYNICAL PLEBS

Get the fuck out of here, you fucking shill! We are not interested in your scams. Tell your masters I would pay the $200 for this:

https://www.asicminervalue.com/miners/asicminer/zeon-180k

... And I am doing you a favour.
kingcolex
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November 29, 2018, 07:04:46 PM

I TRUST COINBASE AND CANAAN TO LOOK AFTER MY BEST INTERESTS. YOU ARE ALL CYNICAL PLEBS

Get the fuck out of here, you fucking shill! We are not interested in your scams. Tell your masters I would pay the $200 for this:

https://www.asicminervalue.com/miners/asicminer/zeon-180k

... And I am doing you a favour.
I'll take things that are fucking stupid for $600 please.
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November 29, 2018, 07:14:51 PM

In other excellent news from my heroes at coinbase
Initially, we will support deposits from both transparent and shielded addresses, but only support withdrawals to transparent addresses. In the future, we’ll explore support for withdrawals to shielded addresses in locations where it complies with local laws.
bitserve
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November 29, 2018, 07:17:48 PM

In other excellent news from my heroes at coinbase
Initially, we will support deposits from both transparent and shielded addresses, but only support withdrawals to transparent addresses. In the future, we’ll explore support for withdrawals to shielded addresses in locations where it complies with local laws.

Makes sense that they don't support withdrawals to shielded addresses (KYC/AML), not so that they do for deposits... greedy fucks!
encycrypto
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November 29, 2018, 07:23:05 PM

Thanks LFC.  Sometimes I just think that the pictures are pretty.

In the last couple of minutes since posting it looks like a tiny crack developing.  Worth keeping an eye on.



Edit:  things that make you go hmmmm



Hey son, we're not supposed to post bearish graphs in this thread! Stop acting childishly!
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