inca
Legendary
 Offline
Activity: 1176
Merit: 1000
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January 12, 2015, 06:51:30 PM |
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It would just take one market buy on finex and the orderbooks looks stacked heavily in the favour of the bulls.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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NotLambchop
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January 12, 2015, 06:54:53 PM |
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...
a low bitcoin price is the *BEST* time for mining. low bitcoin price = lower income taxes on mined coins
... When BTC price finally hits zero => no taxes at all => everyone buys mining gear => hashrate explodes  You guys are logicians IRL, amirite? like i said.. it seems we should have gained confidence after we almost got stamped and bitcoin barely moved down any. you had the perfect storm opportunity to crash bitcoin on down and yet here we are still uncrashed to 0... barely moved. i do not believe your scenario will happen before halving based upon this alone. A few things: Stamp panic should have spiked coin prices as soon as stamp reopened. BTC withdrawals were possible @ the time, fiat not so much. I am not trying to "crash bitcoin on down," I enjoy observing the antics of Bitcoiners.  P.S: Do something. Don't make me shake the box. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 12, 2015, 07:00:02 PM |
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Bitfinex  Bitstamp  Explanation |
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NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
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January 12, 2015, 07:00:55 PM |
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It would just take one market buy on finex and the orderbooks looks stacked heavily in the favour of the bulls.
But the market keeps moving against us! Well in the long run we will win  |
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Omikifuse
Legendary
Offline
Activity: 1750
Merit: 1009
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January 12, 2015, 07:21:33 PM |
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Small wall of 700 coins trying to hold 270 on finex.
And it is gone. Hope we keep up 270 in the mid week |
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NotLambchop
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January 12, 2015, 07:26:00 PM |
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 Too predictable, gentlemen. Much like NASCAR & this market. |
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DaRude
Legendary
Offline
Activity: 2782
Merit: 1812
In order to dump coins one must have coins
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January 12, 2015, 07:27:18 PM |
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Assuming that the mining hardware is paid off and have no added overhead than we are at a point that many miners will decide as to the usefulness of continued operations. .
Thank you. So should we expect more bear market until the unprofitable miners are out and the leaner big players are all that remains? Then the next pump? Edit: growing walls on both sides on finex. NO. The supply will continue to be BTC3600 new coins generated daily, which will have to find its demand until halving in 2016. Regardless of hashrate and profitability of miners. |
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poncho32
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January 12, 2015, 07:43:55 PM |
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Small wall of 700 coins trying to hold 270 on finex.
And it is gone. Hope we keep up 270 in the mid week And it's up to 272.5 on finex. |
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fonzie
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January 12, 2015, 07:44:44 PM |
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  RxIxP Chikun |
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NotHatinJustTrollin
Full Member
Offline
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
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January 12, 2015, 07:54:05 PM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 12, 2015, 08:00:07 PM |
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Bitfinex  Bitstamp  Explanation |
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WeltMaster
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January 12, 2015, 08:00:57 PM |
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Where did all the volume go?  |
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samsonn25
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January 12, 2015, 08:02:24 PM |
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People arent sure if the price is cheap or expensive at this point, so undecisive.........
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Omikifuse
Legendary
Offline
Activity: 1750
Merit: 1009
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January 12, 2015, 08:03:40 PM |
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People arent sure if the price is cheap or expensive at this point, so undecisive.........
People are waiting the outcome from tomorrow's trial |
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shanecoins
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January 12, 2015, 08:05:36 PM |
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quality ...bitcoin will never die |
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stancarrott
Newbie
Offline
Activity: 29
Merit: 0
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January 12, 2015, 08:08:27 PM |
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People arent sure if the price is cheap or expensive at this point, so undecisive.........
People are waiting the outcome from tomorrow's trial What trial? |
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NotLambchop
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January 12, 2015, 08:10:15 PM |
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Where did all the volume go? Where did it all go wrong?  |
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samsonn25
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January 12, 2015, 08:11:47 PM |
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Bunch of friggin crooks
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NotLambchop
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January 12, 2015, 08:11:54 PM |
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People arent sure if the price is cheap or expensive at this point, so undecisive.........
People are waiting the outcome from tomorrow's trial What trial? Dunno, prob'ly DPR or some other Bitcoin criminal. |
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poncho32
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January 12, 2015, 08:20:32 PM |
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People arent sure if the price is cheap or expensive at this point, so undecisive.........
People are waiting the outcome from tomorrow's trial What trial? Dunno, prob'ly DPR or some other Bitcoin criminal. There is a whole thread about the Ross (Dread Pirate Roberts) Ulbricht Trial, but it's a few pages back now. All the active threads seem to have been discussing Bitstamp lately. https://bitcointalk.org/index.php?topic=918558.0 |
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