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

[rokkyroad]

NOTHING STOPS THIS TRAIN

Yep.

Buy.

Hodl.

Ride this train to the end.

[peonminer]

[Just ate shitloads of sugary cereal]

i'm a special lambie short and clout, really though i'm just an angry bitcoin bear with a short open at $420 lulz

Translation:



Dem lambie bearz get der cunts in a wad when der shortz no workz ;P

[suda123]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

yea right who the he'll wants stocks you can't use

[BlindMayorBitcorn]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

yea right who the he'll wants stocks you can't use

[toy4lov3rs]

Up and up and up she goes

[spooderman]

my friend has been diagnosed with a bad disease.

off topic: go be healthier, all of you.

[Divitiae miserae]

What is it?

[ImI]

my friend has been diagnosed with a bad disease.

off topic: go be healthier, all of you.

thank you! may your friend get well soon!

[dloghwak]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

yea right who the he'll wants stocks you can't use

You mean stocks which represent nothing beyond the paper they're [not] printed on?
Good question.

You don't understand stocks much do you?

[ChartBuddy]

Coin



Explanation

[BlindMayorBitcorn]

Hehe: https://www.reddit.com/r/Buttcoin/comments/3wuk6b/would_it_not_be_in_miners_rational_selfinterest/

[inca]

The only question is whether we retake 504 on this run or not.

If we do best the previous high then expect the media to start to wake up and everyone prepare for a clamour and cacophony about retest of the ATH.

Interesting times.

[Sitarow]

The only question is whether we retake 504 on this run or not.

If we do best the previous high then expect the media to start to wake up and everyone prepare for a clamour and cacophony about retest of the ATH.

Interesting times.

All I know is that after reviewing my hardware vs difficulty vs return document home miners can still profit if btc is over $450 and only pay $0.10 kWh of power.

If you pay $0.03 kWh of power btc can be down at $150 USD and still profit.

I have revised my old hardware return vs network difficulty increase chart to shine some light on this.

This document has been shared for anyone to use.

BTC at $150 USD power costs at $0.03 kWh.


BTC at $450 USD power costs at $0.03 kWh. EDIT: <---- it should be 0.10 kWh


https://docs.google.com/spreadsheets/d/1ZphwgPk2lySm3sNlHnow6tuwx6YUV0G7qGDtRZ2xFbk/edit?usp=sharing
You will also find other sheets that contain estimated returns that only factor in power costs.
Please note that this does not take into account hardware or other overhead costs.

[Richy_T]

Not yet. Still 10%+ inflationary

Depends on how you look at it. But I'm happy to run with that.

[oda.krell]

my friend has been diagnosed with a bad disease.

off topic: go be healthier, all of you.

Sorry to hear that.

This reminds me to cut down on the smoking. Preferably, to near zero :/

[Sitarow]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

yea right who the he'll wants stocks you can't use

You mean stocks which represent nothing beyond the paper they're [not] printed on?
Good question.

You don't understand stocks much do you?

Perhaps not. Teach me?

@Sitarow, so what you're telling me is I could make money if I got my gear for free?

Yes or on the cheep or don't have to pay power like some locations oh and if your looking I think their is a franchise option from Bitfury as long as you can provide the facility and power site.

[dloghwak]

Wha wha wha so many whiny bears, you carry on talking about irrelevant bids and asks and ignore the bigger picture, be my guest. But but blocks lol

Halving.
Difficulty increase.
Increased interest.

These are things that are affecting price. I fully expect to see nearer to $100mil in leverage longs when this really starts bubbling.

Good point. Because everyone wants to use a currency they can't use because it doesn't work

yea right who the he'll wants stocks you can't use

You mean stocks which represent nothing beyond the paper they're [not] printed on?
Good question.

You don't understand stocks much do you?

Perhaps not. Teach me?

@Sitarow, so what you're telling me is I could make money if I got my gear for free?

Capital was and is a major driver of economic growth, grab a book about economics or google it yourself, shouldn't be that hard.

[alani123]

Last time this level was reached the drop was spectacular, this time it seems more sustainable. Or is it calm before the storm?

[koryu]

The only question is whether we retake 504 on this run or not.

If we do best the previous high then expect the media to start to wake up and everyone prepare for a clamour and cacophony about retest of the ATH.

Interesting times.

All I know is that after reviewing my hardware vs difficulty vs return document home miners can still profit if btc is over $450 and only pay $0.10 kWh of power.

If you pay $0.03 kWh of power btc can be down at $150 USD and still profit.

I have revised my old hardware return vs network difficulty increase chart to shine some light on this.

This document has been shared for anyone to use.

BTC at $150 USD power costs at $0.03 kWh.


BTC at $450 USD power costs at $0.03 kWh.


https://docs.google.com/spreadsheets/d/1ZphwgPk2lySm3sNlHnow6tuwx6YUV0G7qGDtRZ2xFbk/edit?usp=sharing
You will also find other sheets that contain estimated returns that only factor in power costs.
Please note that this does not take into account hardware or other overhead costs.

great work  

[Richy_T]

If unclear, I'm not saying you haven't used Bitcoin as money in the past, when there were fewer transactions and the blocks were not full.
What I am saying is that when the blocks become full, as is already happening now & will most certainly happen if more people try to use BTC, Bitcoin will stop to function.
I may accept your payment without waiting for it to be confirmed, just like I may accept your promise that the check's in the mail, *but I can't use it*.

Calm down comrade. If you wait patiently, you too will get your loaf of bread place in the blockchain in good time.



But don't worry, if you have any concerns, you can make them heard through our Minister of Truth, Commissar Theymos.