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

[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

[Richy_T]

Price is up, next stop $100,000!!!

Calm down, cowboy. 300$ first

No, I think it'll skip $300 and shoot right up.

you need to review your calc

https://en.wikipedia.org/wiki/Intermediate_value_theorem

You need to follow some of the links in the articles you post...

https://en.wikipedia.org/wiki/Continuous_function

[grappa_barricata]

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

Thanks a lot, much appreciated

[macsga]

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

Thanks a lot, much appreciated

Great work Sitarow. Thanks for your effort.

[79b79aa8d5047da6d3XX]

Price is up, next stop $100,000!!!

Calm down, cowboy. 300$ first

No, I think it'll skip $300 and shoot right up.

you need to review your calc

https://en.wikipedia.org/wiki/Intermediate_value_theorem

You need to follow some of the links in the articles you post...

https://en.wikipedia.org/wiki/Continuous_function

yeah, you are right, i was wrong. was waiting to see if someone called me on it.

[shmadz]

@Sitarow - excellent resource you've built.

Much appreciated.

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[yefi]

@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

Hey, very nice job.

One thing I'm confused about though is the hardware efficiency, shouldn't the BTC/GH stay constant between $300 and $200?

[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

Hey, very nice job.

One think I'm confused about though is the hardware efficiency, shouldn't the BTC/GH stay constant between $300 and $200?

THAT metric is used to indicate the asking price value for the chosen hardware prior to purchase. Helps decide vs buying other hardware offerings.

It only applies to those curently offered hardware prices.

To those expressing gratitude.  Thank you and your welcome.  However these sheets have been compiled by me yet I am not the original author.

Two other bitcointalk community members in the past shared their respected documents. I only put them together and kept them up to date along with adding requests over time.

Please feel free to share any important calculations that may be missed.

[YourMother]

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

In the last year i spoke with at least 10 people about bitcoin. Told them everything about it. I even insisted on its advantages. Never got the balls to tell them about a 51% attack or how easy is to get fucked by a hacker, hardware or by your own errors. Do you know how many of them came back to speak (not buy) about bitcoin ?

Huh ? Yes, 0.

It's easy to get fooled by these geeky bulltards in here that are cheering continuously on every $5 increases and posting MOON pictures and trend reversals. If you want to know about the success of bitcoin and if it deserves a $270 valuation, go into the real world and ask people if they give a shit about it.

We are living in a super connected environment where a video of a dog fucking a chicken gets 10 million views in 2 days on youtube/ facebook, so you have to think that if bitcoin, a 6 year old cryptocurrency that facilitates fast -0 fee- transactions didn't get viral (at least on the internet), then something is wrong with it.

Till you get to teach the entire earth about security, we will be all laying in our coffins. People are not open to change like we do. They don't care like we do. They don't have to give a shit about the mechanics of bitcoin like we do. They just want a way to transfer money without having to learn too much useless garbage... and they want it with almost 0 risks.

Fonzie - "But there is Trezor"
 - But fuck you! Peter Todd advised me against it and on top of that i wouldn't want to buy that junk and look like a jackass from the 80'.

To make it short, based on usability, Bitcoin doesn't deserve more than a 2 digits price at this moment.

[adaseb]

@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

WOW Nice. Thanks for postin that and going a good job sortin them all out.

[diabLEEca]

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.

But seriously, gentlemen... Where IS all the volume? Has someone switched all the bots off?

[Christ is King]

I'm not concerned, and neither should you. God spoke to me last night and told me to buy more. Yes, I know some of you will laugh, but I feel that He is truly testing our faith and this is the time that we stand up and show the world that bitcoin is the future. God empowers us, now it is up to us to make the revolution happen. That is why I bought 5 more coins today. We all need to do our part.

Keep the faith, buy more, and eventually we will all be rewarded.

[shmadz]

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

In the last year i spoke with at least 10 people about bitcoin. Told them everything about it. I even insisted on its advantages. Never got the balls to tell them about a 51% attack or how easy is to get fucked by a hacker, hardware or by your own errors. Do you know how many of them came back to speak (not buy) about bitcoin ?

Huh ? Yes, 0.

It's easy to get fooled by these geeky bulltards in here that are cheering continuously on every $5 increases and posting MOON pictures and trend reversals. If you want to know about the success of bitcoin and if it deserves a $270 valuation, go into the real world and ask people if they give a shit about it.

We are living in a super connected environment where a video of a dog fucking a chicken gets 10 million views in 2 days on youtube/ facebook, so you have to think that if bitcoin, a 6 year old cryptocurrency that facilitates fast -0 fee- transactions didn't get viral (at least on the internet), then something is wrong with it.

Till you get to teach the entire earth about security, we will be all laying in our coffins. People are not open to change like we do. They don't care like we do. They don't have to give a shit about the mechanics of bitcoin like we do. They just want a way to transfer money without having to learn too much useless garbage... and they want it with almost 0 risks.

Fonzie - "But there is Trezor"
 - But fuck you! Peter Todd advised me against it and on top of that i wouldn't want to buy that junk and look like a jackass from the 80'.

To make it short, based on usability, Bitcoin doesn't deserve more than a 2 digits price.

You're funny when you're mad.

 

[macsga]

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.

But seriously, gentlemen... Where IS all the volume? Has someone switched all the bots off?

Calm before the storm maybe? Who knows. I will just leave this here:

[shmadz]

So there was a block that took 2 hours today?

wtf  

Higher difficulty, higher variance?

[macsga]

So there was a block that took 2 hours today?

wtf  

Higher difficulty, higher variance?

Difficulty raised.
https://bitcoinwisdom.com/bitcoin/difficulty