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Question: What happens first:
New ATH - 42 (70%)
<$60,000 - 18 (30%)
Total Voters: 60

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26355999 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. (174 posts by 3 users with 9 merit deleted.)
itod
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January 11, 2015, 08:02:48 PM

Chart looks ugly imho.

There's a solution, just turn your monitor upside down:

˙oɥɯı ʎןbn sʞooן ʇɹɐɥɔ
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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NotLambchop
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January 11, 2015, 08:03:38 PM

I will buy one extra bitcoin for every fresh doomtroll on my ignore list.
...

Y O U my friend are worth at least five of 'em...

So you've lost at least $45 just on the extra coin you bought today?  Impressive.

Edit: $65.  Moar impressive.

lol yea it is way moar than your recommended  weekly allowance

Soon $65 will start 2 seem a princely sum 2 u my Bitcoinish friend.  How much have U already lost today, if it's not 2 forward 2 ask?
NotHatinJustTrollin
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January 11, 2015, 08:04:42 PM

is crypto done??  Huh



bitcoin is the crypto Jesus, it has died and been resurrected so many times it as if it was immortal or something

My pastor told me today he was tempted to sell the church's 30 bitcoins, but I convinced him to wait. As I discussed in a different web chat on this message board, I believe Jesus is testing our faith in Him. I have faith in bitcoin and believe God will shower us with the bounty of its riches once the negative energy is finally cleaned out of the system. For that to happen, we may need to drop in value a little more first.
1 Timothy 6:10

"For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs."


But don't worry, bitcoin is not actual money, so it doesn't count. Tell your pastor to HODL them  Smiley
The spirit of Satoshi will show him the way  Smiley

Hallelujah!
Warren Buffett
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January 11, 2015, 08:06:13 PM


Yes, but make sure that you buy something valuable, such as stocks.

Or oil, for that matter. Wait till it drops some more and QE4 talk is on the table.


http://wolfstreet.com/wp-content/uploads/2014/12/US-Oil-Price-v-Fed-QE.png

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January 11, 2015, 08:06:45 PM

I will buy one extra bitcoin for every fresh doomtroll on my ignore list.
...

Y O U my friend are worth at least five of 'em...

So you've lost at least $45 just on the extra coin you bought today?  Impressive.

Edit: $65.  Moar impressive.

lol yea it is way moar than your recommended  weekly allowance

Soon $65 will start 2 seem a princely sum 2 u my Bitcoinish friend.  How much have U already lost today, if it's not 2 forward 2 ask?

 not sure. it is sunday and i do not count my money at the weekend. thx for asking tho
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January 11, 2015, 08:10:04 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.
luckygenough56
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January 11, 2015, 08:11:24 PM

i'll keep a bitcoin for collection purpose
NotLambchop
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January 11, 2015, 08:11:37 PM

is crypto done??  Huh



bitcoin is the crypto Jesus, it has died and been resurrected so many times it as if it was immortal or something

My pastor told me today he was tempted to sell the church's 30 bitcoins, but I convinced him to wait. As I discussed in a different web chat on this message board, I believe Jesus is testing our faith in Him. I have faith in bitcoin and believe God will shower us with the bounty of its riches once the negative energy is finally cleaned out of the system. For that to happen, we may need to drop in value a little more first.
1 Timothy 6:10

"For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs."


But don't worry, bitcoin is not actual money, so it doesn't count. Tell your pastor to HODL them  Smiley
The spirit of Satoshi will show him the way  Smiley

Hallelujah!

Since we're quoting scripture and all, wonder if BitChick's safe, or if her hubby is beating her severely about the face and neck?
N12
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January 11, 2015, 08:12:58 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.
Right, what's it matter how much stuff you can buy? Huh
Gyrsur
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Bitcoin Legal Tender Countries: 2 of 206


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January 11, 2015, 08:13:47 PM

ShroomsKit
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January 11, 2015, 08:14:12 PM

Cashing out my last coins at 400 was the best decision i made last year.

I can only imagine how i would feel being a bagholder now.

You're doing something very wrong if you're still holding coins.
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January 11, 2015, 08:20:26 PM

I'm selling Casascius Beanie Babies.

P.M if interested
NotLambchop
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January 11, 2015, 08:21:09 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

I'm more interested in the theory about how mining is dead... Doesn't look like.

Mining isn't dead.  Miners will keep their rigs on untill (hosting costs) > (price of coin mined).  Or a more profitable SHA256 coin comes along Smiley
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January 11, 2015, 08:21:16 PM

...
Cryto-currencies are not like fiat...if everyone just accepted that I think there would be a lot less pain.

If by "survival" you mean one neckbeard with two netbooks continuing to mine Bitcoin, I agree.  If. OTOH, you mean "not making everyone holding for more than a day poor," that's sorta iffy...

Let me spell this out:

Survival = i can send any amount i want anywhere in the world and get 3 confirmation at around 30min for few cents
Survival != $ X
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January 11, 2015, 08:22:30 PM



Department Of Game, Fish and ParksSharks
DaRude
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January 11, 2015, 08:23:27 PM

time to test the theory that the price doesn't matter (It doesn't) but still. Hurts.

I'm more interested in the theory about how mining is dead... Doesn't look like.

Hash rate is tied to $ It's hard to get good estimates but i believe that the consensus is that it becomes unprofitable right about this price point.
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January 11, 2015, 08:23:48 PM

...
Cryto-currencies are not like fiat...if everyone just accepted that I think there would be a lot less pain.

If by "survival" you mean one neckbeard with two netbooks continuing to mine Bitcoin, I agree.  If. OTOH, you mean "not making everyone holding for more than a day poor," that's sorta iffy...

Let me spell this out:

Survival = i can send any amount i want anywhere in the world and get 3 confirmation at around 30min for few cents
Survival != $ X

As long as you enjoy sending meaningless binary data around the world, you're fine, ya.
NotHatinJustTrollin
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January 11, 2015, 08:25:24 PM

I'm selling Casascius Beanie Babies.

P.M if interested
lel
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January 11, 2015, 08:26:39 PM

First you come here to make money then after, you just pray to break even.  Grin

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January 11, 2015, 08:28:30 PM

Who cares how many $ one bitcoin is worth?

Who cares about that? Seems like you're going by the dollar standard. It's filthy fiat, forget about that. In the near future, bitcoin will take over and $ will be a thing of the past.

The price in $ is completely irrelevant.
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