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

[ChartBuddy]

Coin
Explanation

[bassclef]

preparation for dump is about to complete..

be patient.

Haha you guys are funny. The whales have been marching the price up for 24 hours, little by little. It's the same action we saw before the rally to $315.

[aztecminer]

Question:   There will be another bear raid, bring us sub 200$ coins in February
yes   - 203 (42%)
no   - 237 (49.1%)
idk   - 43 (8.9%)
Total Voters: 483

I've voted no but it might dip $190 - $200, would you call that a bearraid? Imo it will be the last move before some serious bull comes in.

is not time to buy until it's HAMMER TIME .

[podyx]

3d MACD is green

we choose...

[Wekkel]

3d MACD is green

we choose...

Big push up expected.

[aztecminer]

This 225-230 pattern is fucking annoying. Are you guys making money out of this?

no. if we calculated in btc then i am in the green. if we calculate using btc value in usd then i am in the red. i am red in pms too. i think will stay that way as long as obama occupies the white house.

https://twitter.com/WhiteHouse
https://twitter.com/Interior/status/559388069821169668
https://twitter.com/Podesta44/status/559761754906173441
https://twitter.com/WhiteHouse/status/559814145105985536
https://twitter.com/WhiteHouse/status/560135634250387456

or until the economic crisis whichever comes first. we should allow the collapse while obama is still in office so him and his taxes can have the responsibility. although if it does happen while he is on office the catastrophe will likely be much worse and the fixes gay as hell and wont work .

[WeltMaster]

Come on...

Where is that magical hand that dumps free bitcoins?

Don't tell me he's gone

[Odalv]

It's Huobi the anchor chain again. Must be the big Chinese mining pools still dumping coins. Don't they know the rest of the world is revving for the next bull run?

I think that you should explain it to them, that instead of selling bitcoins, they should sell their and their loved ones kidneys. That's how they could pay off some of the loans and electric bills, that have been accumulating throughout 2014.

Are these mining places even profitable any more ? I thought after the price fell, then even people getting free electricity aren't profitable.

A bit simplified, but say an underclocked SP20 at 1.2 TH/s uses 1000W. That would (at current difficulty) mine ~0.445 BTC or (at todays prices) $100 per month. If you consider the hardware as a sunk cost, you will be even with a electricity rate of 14 US cents (3.36 per day). At 10 cents you'd ROI your hardware after ten months. If you have free electricity you'd ROI would be 4 to 5 months.

Of course there are some other factors, but that is the basic picture.

30 days * $3.36 = $100 / 0.445 =>  1 BTC costs you $226
It is better to buy BTC directly.

[Fatman3001]

This 225-230 pattern is fucking annoying. Are you guys making money out of this?

no. if we calculated in btc then i am in the green. if we calculate using btc value in usd then i am in the red. i am red in pms too. i think will stay that way as long as obama occupies the white house.

https://twitter.com/WhiteHouse
https://twitter.com/Interior/status/559388069821169668
https://twitter.com/Podesta44/status/559761754906173441
https://twitter.com/WhiteHouse/status/559814145105985536
https://twitter.com/WhiteHouse/status/560135634250387456

or until the economic crisis whichever comes first. we should allow the collapse while obama is still in office so him and his taxes can have the responsibility. although if it does happen while he is on office the catastrophe will likely be much worse and the fixes gay as hell and wont work .

Most of the problems you are identifying is governed by the republican led congress. But Obama is black and don't think poverty should carry a death sentence, so let's blame him.

[subtleknife]

3d MACD is green

we choose...

https://i.imgur.com/ca6vPEa.jpg?1

Does that mean we're going to the moon?

[aztecminer]

waht do you guys think, will we going down or up?

i heard a rumor it was going up. the source of the rumor is pretty gay so i think it will float around here for awhile due to expanding growth . they had gary camron stop by and look over the growth of entrepreneur business's which is a very bad sign especially after the - obama - gary camron - piers (lord dartmouth) morgan - british gun grab attempt .

[(Lithium)]

3d MACD is green

we choose...

Does that mean we're going to the moon?

no, means Kennedy will be US president again

[aztecminer]

This 225-230 pattern is fucking annoying. Are you guys making money out of this?

no. if we calculated in btc then i am in the green. if we calculate using btc value in usd then i am in the red. i am red in pms too. i think will stay that way as long as obama occupies the white house.

https://twitter.com/WhiteHouse
https://twitter.com/Interior/status/559388069821169668
https://twitter.com/Podesta44/status/559761754906173441
https://twitter.com/WhiteHouse/status/559814145105985536
https://twitter.com/WhiteHouse/status/560135634250387456

or until the economic crisis whichever comes first. we should allow the collapse while obama is still in office so him and his taxes can have the responsibility. although if it does happen while he is on office the catastrophe will likely be much worse and the fixes gay as hell and wont work .

Most of the problems you are identifying is governed by the republican led congress. But Obama is black and don't think poverty should carry a death sentence, so let's blame him.

yeah cuz NOTHING is ever obama's fault.......... eva .

[Fatman3001]

It's Huobi the anchor chain again. Must be the big Chinese mining pools still dumping coins. Don't they know the rest of the world is revving for the next bull run?

I think that you should explain it to them, that instead of selling bitcoins, they should sell their and their loved ones kidneys. That's how they could pay off some of the loans and electric bills, that have been accumulating throughout 2014.

Are these mining places even profitable any more ? I thought after the price fell, then even people getting free electricity aren't profitable.

A bit simplified, but say an underclocked SP20 at 1.2 TH/s uses 1000W. That would (at current difficulty) mine ~0.445 BTC or (at todays prices) $100 per month. If you consider the hardware as a sunk cost, you will be even with a electricity rate of 14 US cents (3.36 per day). At 10 cents you'd ROI your hardware after ten months. If you have free electricity you'd ROI would be 4 to 5 months.

Of course there are some other factors, but that is the basic picture.

30 days * $3.36 = $100 / 0.445 =>  1 BTC costs you $226
It is better to buy BTC directly.

Then you have places like China where the economy has grown 20x over the last 20 years. And guess what? Some of their investments were not as thought through as they would have liked. So you might have a shiny new power station in an area with no industry, and in order to not look like idiots the politicians/bureaucrats insist on there being smoke in those chimneys. That leaves you with pockets of nowhere with 1-2 cents Kw/h and local and regional officials desperate for industry to settle in the area. That is why a third world country dominates the bitcoin mining industry.

[Fatman3001]

waht do you guys think, will we going down or up?

i heard a rumor it was going up. the source of the rumor is pretty gay so i think it will float around here for awhile due to expanding growth . they had gary camron stop by and look over the growth of entrepreneur business's which is a very bad sign especially after the - obama - gary camron - piers (dartmouth) morgan - british gun grab attempt .

The british were so infinitely happy that you gave Piers Morgan a green card. That guy is poison.

[Elwar]

3d MACD is green

we choose...

Does that mean we're going to the moon?

no, means Kennedy will be US president again

We choose to go to the moon not because it is easy but because BITCOIN TO DA MOON!!!1!

[NotLambchop]

...
yeah cuz NOTHING is ever obama's fault.......... eva .

[NotLambchop]

...
We choose to go to the moon not because it is easy but because BITCOIN TO DA MOON!!!1!

...
"We choose to go to the moon. We choose to go to the moon and do other things"--Satoshi Nakamoto

[Fatman3001]

This 225-230 pattern is fucking annoying. Are you guys making money out of this?

no. if we calculated in btc then i am in the green. if we calculate using btc value in usd then i am in the red. i am red in pms too. i think will stay that way as long as obama occupies the white house.

https://twitter.com/WhiteHouse
https://twitter.com/Interior/status/559388069821169668
https://twitter.com/Podesta44/status/559761754906173441
https://twitter.com/WhiteHouse/status/559814145105985536
https://twitter.com/WhiteHouse/status/560135634250387456

or until the economic crisis whichever comes first. we should allow the collapse while obama is still in office so him and his taxes can have the responsibility. although if it does happen while he is on office the catastrophe will likely be much worse and the fixes gay as hell and wont work .

Most of the problems you are identifying is governed by the republican led congress. But Obama is black and don't think poverty should carry a death sentence, so let's blame him.

yeah cuz NOTHING is ever obama's fault.......... eva .

Well, he could have tried to whoop some arse in Syria and Ukraine instead of being outplayed by the KGB. He could also have let Rahm Emmanuel herd in those votes to close Guantanamo and get a less compromised health care package, but he thought Ted Kennedy would survive and that Republicans were interested in the wellbeing of the nation. That was a mistake.

[(Lithium)]

waht do you guys think, will we going down or up?

sideways 210-250 until something happens to change prices