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peonminer
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October 24, 2015, 03:20:59 PM |
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Always nice to see. What is the reason behind the uptrend?
Fear, Uncertainty, Doubt. |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Feri22
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October 24, 2015, 03:24:09 PM |
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Always nice to see. What is the reason behind the uptrend?
Gemini, EU VAT ruling and many many more good news in last 2 months |
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peonminer
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October 24, 2015, 03:25:37 PM |
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Always nice to see. What is the reason behind the uptrend?
Gemini, EU VAT ruling and many many more good news in last 2 months Everyone has to cash out towards the end of the year for taxes anyway XD When will we see the crash???>?>?>SDA:hdsoahsdioughnasog34p7u 9thgqp87ub;ag!!!!!!!!!!!!!!!!!!!!! |
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r0ach
Legendary
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Activity: 1260
Merit: 1000
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October 24, 2015, 03:37:51 PM |
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Look at all these shorters losing their shirts talking about MtGox coins LOL. If MtGox coins are auctioned off, it would be 56 million at current price to many different bidders, not one party. Sounds higher than your paycheck, but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal. That and you have billions in VC investment in 2015 alone: http://insidebitcoins.com/news/bitcoin-venture-capital-funding-pace-1-billion-2015/30665It's clear that the price per coin is highly lagged behind everything else going on, and these entities can all easily pump it higher, they're just waiting till they accumulate most of them first (i.e. after the 25coin halving since 70% are already mined). |
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NSA360
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October 24, 2015, 03:46:17 PM |
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Always nice to see. What is the reason behind the uptrend?
Auction - Nov 5th - Tim is ready. Are you too? |
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neuronics
Newbie
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Activity: 39
Merit: 0
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October 24, 2015, 03:52:24 PM |
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Look at all these shorters losing their shirts talking about MtGox coins LOL. If MtGox coins are auctioned off, it would be 56 million at current price to many different bidders, not one party. Sounds higher than your paycheck, but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal. That and you have billions in VC investment in 2015 alone: http://insidebitcoins.com/news/bitcoin-venture-capital-funding-pace-1-billion-2015/30665It's clear that the price per coin is highly lagged behind everything else going on, and these entities can all easily pump it higher, they're just waiting till they accumulate most of them first (i.e. after the 25coin halving since 70% are already mined). I support this statement, organic growth of nearly every parameter is in the books. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 24, 2015, 04:01:54 PM |
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abercrombie
Legendary
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Activity: 1159
Merit: 1001
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October 24, 2015, 04:05:11 PM |
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are we rich yet??   |
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yolalanda
Newbie
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Activity: 56
Merit: 0
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October 24, 2015, 04:07:23 PM |
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... but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal.
The naivete and and confusion in this thread is reaching the tipping point. In hopes of righting your Titanic: 1. Casinos get built because gambling is profitable, but not in the way degenerate gamblers think. 2. "BitFury is building a 100 million dollar mining facility in Georgia" should be read as "We'll turn $100 mil free money into spendable $10 mil in our pocket, and if there's a stupid warehouse full of useless gear left over, so be it." Hope this clears up some misunderstandings. |
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brg444
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October 24, 2015, 04:09:51 PM |
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... but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal.
The naivete and and confusion in this thread is reaching the tipping point. In hopes of righting your Titanic: 1. Casinos get built because gambling is profitable, but not in the way degenerate gamblers think. 2. "BitFury is building a 100 million dollar mining facility in Georgia" should be read as "We'll turn $100 mil free money into spendable $10 mil in our pocket, and if there's a stupid warehouse full of useless gear left over, so be it." Hope this clears up some misunderstandings. So which is it, BitFury's casino is profitable or not? |
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yolalanda
Newbie
Offline
Activity: 56
Merit: 0
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October 24, 2015, 04:25:35 PM |
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... but BitFury alone is building a 100 million dollar mining facility right now, so not exactly a big deal.
The naivete and and confusion in this thread is reaching the tipping point. In hopes of righting your Titanic: 1. Casinos get built because gambling is profitable, but not in the way degenerate gamblers think. 2. "BitFury is building a 100 million dollar mining facility in Georgia" should be read as "We'll turn $100 mil free money into spendable $10 mil in our pocket, and if there's a stupid warehouse full of useless gear left over, so be it." Hope this clears up some misunderstandings. So which is it, BitFury's casino is profitable or not? BitFury's casino is profitable. 10 mil you can spend is better than 100 mil you can't. |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 24, 2015, 05:01:45 PM |
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BitofaN1
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October 24, 2015, 05:06:44 PM |
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Hmm.. Sturdy ask walls on Bitfinex, towards 300. It's gonna be tough, but not impossible.On the plus side I see bears are really scared to dump on a volume less week-end. You all turned bull, or what?
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 24, 2015, 06:01:49 PM |
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LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
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October 24, 2015, 06:38:31 PM |
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Yo bears!  |
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Meuh6879
Legendary
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Activity: 1512
Merit: 1011
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October 24, 2015, 06:44:45 PM |
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are we rich yet?? Well, we touch something, yeah ...  |
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JayJuanGee
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Activity: 3710
Merit: 10196
Self-Custody is a right. Say no to"Non-custodial"
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October 24, 2015, 06:59:33 PM |
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The Predictability Factor is a unique book addressing the predictability of future success of new churches and existing churches attempting to turn from decline to growth. Wile E., have you ever been wrong?! lambie loved that particular gif |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 24, 2015, 07:01:40 PM |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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October 24, 2015, 07:03:42 PM |
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280's a lock ... breakout wont be far away.
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chennan
Legendary
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Activity: 1316
Merit: 1004
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October 24, 2015, 07:10:24 PM |
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280's a lock ... breakout wont be far away.
Yep, let's break the lock... I would love it for a leash to be put on this beast before "breaking the lock" and letting the price sprint to $300... If it's a huge spike toward $300 then we might even see prices go below $260 again due to some huge dumpage. I gaurantee you there is someone with a large sack of coins waiting to make it rain when this happens. |
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