Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[Omikifuse]

Small wall of 700 coins trying to hold 270 on finex.

And it is gone.

Hope we keep up 270 in the mid week

[NotLambchop]

Too predictable, gentlemen.  Much like NASCAR & this market.

[DaRude]

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.

[poncho32]

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.

[fonzie]

RxIxP Chikun

[NotHatinJustTrollin]

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[WeltMaster]

Where did all the volume go?

 

[samsonn25]

People arent sure if the price is cheap or expensive at this point, so undecisive.........

[Omikifuse]

People arent sure if the price is cheap or expensive at this point, so undecisive.........

People are waiting the outcome from tomorrow's trial

[shanecoins]

quality ...bitcoin will never die

[stancarrott]

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?

[NotLambchop]

Where did all the volume go?

 

Where did it all go wrong?

[samsonn25]

Bunch of friggin crooks

[NotLambchop]

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.

[poncho32]

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

[Richard Branson]

Where did all the volume go?

 

There was never much volume.
Most volume is faked. All the chinese exchanges have done it in the past and probably stamp, gox and btc-e as well.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Tzupy]

 We have a spike in transaction fees, the other two recent ones were in August and September, just before significant price drops.

[Sitarow]

@Sitarow: are those spreadsheet public? If not, can you make one for 200$ level? Thanks, a hell of a work you did.

I have included the two requested sheets in the document.

$200 USD @ $0.13 kwh


$200 USD @ $0.10 kwh


Shared document link. There is dedicated sheets for each hardware type and estimated difficulty return.

https://docs.google.com/spreadsheet/ccc?key=0AmeuPljmUNHCdEpqX2RmMDFwemJyLURVUWFtZ3J3aGc&usp=sharing