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

[JimboToronto]

Those $500 corrections are coming closer together, barely keeping up with the pace of the rally.

Hopefully they're keeping this thing from running away with itself.

 

[LewisPirenne]

It seems like Andreas has just become a bitcoin millionaire due to some serious influx into his adress today, I'm glad he's finally receiving the recognition he deserves from the community. He's such an invaluable asset to the whole bitcoin community for his propagation of education and adoption about bitcoin. Go show him some love if you can!

Someone just donated half a million+ USD to Andreas!  

https://blockchain.info/tx/e68ebe16e6aaa08e3f9d271ba78aaeb4ce7db01b0dc0f3b4d5eb29a14dbddf69

This is why I LOVE bitcoiners.  

[bitserve]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

Absolutely not. I even doubt it would be profitable with my old S3 and that thing was orders of magnitude more efficient than a GPU. Not even if my electricity cost was way cheaper than it is.

[bones261]

What do you mean no use case? It's a breeding ground for Crypto Kittens!!!  

Yep, they finally found what that $40 billion network does.

The first and last time I fiddled with that Eth shit was with the DAO. Never again for me. I don't care if that flippering ever does actually happen. those ERC20 tokens breed like mice, anyway.

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

Absolutely not. I even doubt it would be profitable with my old S3 and that thing was orders of magnitude more efficient than a GPU. Not even if my electricity cost was way cheaper than it is.

Too bad Nicehash got hacked. So that isn't an option anymore either. Oh well, back to picking some shit coin and mining to dump.

[bitserve]

It seems like Andreas has just become a bitcoin millionaire due to some serious influx into his adress today, I'm glad he's finally receiving the recognition he deserves from the community. He's such an invaluable asset to the whole bitcoin community for his propagation of education and adoption about bitcoin. Go show him some love if you can!

Someone just donated half a million+ USD to Andreas!  

https://blockchain.info/tx/e68ebe16e6aaa08e3f9d271ba78aaeb4ce7db01b0dc0f3b4d5eb29a14dbddf69

This is why I LOVE bitcoiners.  

Wow! Respect!

And well deserved... for some reason I always thought Andreas was one of the early millionaires himself. Live to learn.

[Real_Ramsey]

https://twitter.com/BitfuryGeorge/status/938557411459289089

[Icygreen]

Yep, well deserved and more.  I wouldn't have been able to hodl nor would I have the larger vision of BTC without Andreas.  Respect bro, Thanks

[rolling]

https://twitter.com/BitfuryGeorge/status/938557411459289089

The trillions better hurry, the South Koreans are buying all of the coins for sale under $100k.

[jojo69]

It seems like Andreas has just become a bitcoin millionaire due to some serious influx into his adress today, I'm glad he's finally receiving the recognition he deserves from the community. He's such an invaluable asset to the whole bitcoin community for his propagation of education and adoption about bitcoin. Go show him some love if you can!

Someone just donated half a million+ USD to Andreas!  

https://blockchain.info/tx/e68ebe16e6aaa08e3f9d271ba78aaeb4ce7db01b0dc0f3b4d5eb29a14dbddf69

This is why I LOVE bitcoiners.  

that is awesome!

serious respect

[JayJuanGee]

roller coaster guy is so underrepresented in this thread

[http://bitcoinrookies.com/wp-content/uploads/2017/11/Bitcoin-Price-Ride.png[/img]

What rollercoaster? It's going up like this: |

[https://rollercoasterguy.github.io/images/roller-coaster-guy.gif[/img]

better?

there is also this site: https://rollercoasterguy.github.io/

Now that looks more like it.

[https://i.imgur.com/ZZKMyDb.jpg[/img]



This moon shot stuff is all fine and everything....

but the acceleration is getting to me....the screaming engines...the shaking....

the manic laughter of the other BTC folk on this rocket...(jeez, don't you all bathe?)

fun but stressful...so much moon....trying not to wimp out!

(looks for NASA logo barf bag...where is it ..damn it!)

Not sure I have the balls for this 1k a day stuff....might lose my mind if it is 20k by the end of the month...

(he's dead...what's with the large grin? .....BTC Exciteditis Syndrome....extreme case...his BTC ship came in....his mind snapped ..no place to dock!

 You should use all that extra energy to fix up your house and we'll PM you when Bitcoin is 30k.

Crap...you would say that....I'm retiring at the end of this month....my new occupation is fixing this old house (just me) frack
gonna hate my version of this show....(no excuses anymore...must be done....damn it!)

Looks like you B missing dee hookers and the blow...    other than that... cool....     

[smartcomet]

It seems like Andreas has just become a bitcoin millionaire due to some serious influx into his adress today, I'm glad he's finally receiving the recognition he deserves from the community. He's such an invaluable asset to the whole bitcoin community for his propagation of education and adoption about bitcoin. Go show him some love if you can!

Someone just donated half a million+ USD to Andreas!  

https://blockchain.info/tx/e68ebe16e6aaa08e3f9d271ba78aaeb4ce7db01b0dc0f3b4d5eb29a14dbddf69

This is why I LOVE bitcoiners.  

that is awesome!

serious respect

i love this crypto-land.

[JayJuanGee]

Well I bought my first ever coin for 120 then the price promptly crashed.
Now it's 'worth' 100x that at 12k, but that's the steepest of discounts, because it's actually going to be worth 100x that at 1.2mil before long, and not one penny less.

I bought my first coin for $1,200 in late November 2013, and I was called a  moron for more than 2 years... , and it took three years for that first coin to come out of the red.  Actually, it was 1.24 btc for $1,500....   The price appreciation on that first coin is looking pretty good, now, even averaging out 4 years, that would be about 2.5X  appreciation annualized.  Not bad... not bad.

[LewisPirenne]

Someone just donated half a million+ USD to Andreas!  

https://blockchain.info/tx/e68ebe16e6aaa08e3f9d271ba78aaeb4ce7db01b0dc0f3b4d5eb29a14dbddf69

This is why I LOVE bitcoiners.  

Awesome.  Well deserved, IMO.

The only problem with that tx is that there is an unconfirmed tx when the donator cleared out his address for Andreas.

https://blockchain.info/tx/e4c6511f24aaa6c391794df3dd3786b597c3ffffd28807ea46cde7f4718e4b32

At 66 satoshi per byte, that tx might not be able to clear for quite a long time, especially given the current craze and tx spike.  So that is going to hold up the subsequent tx which paid a very reasonable 150 satoshi per byte.

[xhomerx10]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

[Torque]

I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.

 There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day.  Maybe when Bitcoin is worth 7 million dollars though...

Can you not mine Bitcoin Gold with a GPU?

[JayJuanGee]

So let's say I have more than 10 BTC and less than 20.  (cost basis around $600)

Two women in my office have watched me go nuts all year with the price increases.  I wish they bought in, but like most, they just feel like it's appreciated too much, and it's too late for them to get in.  Plus they don't have as much extra cash just lying around.

I thought of giving them a paper wallet for Xmas with some BTC in it, and thought $100 apiece was generous.  If I gave them both .01 BTC, I'm just wondering -- do I seem too cheap since it's such a small part of my stash?  I mean, I don't want to part with any of it, and now their gift is worth $130.

Normally I'd spend like $25 on them.  Not close close friends, just good work friends.  

What's my play here.

Fuck them.


Give them the usual gift, and perhaps account for possibility of some deflation by giving 20% extra.  Don't give them 4x extra.  They don't deserve it, unless perhaps they are going to blow you.  (one by one of course - would have to get two out of this not a team effort).   

[Icygreen]

Just noticed that Bcash coin has fallen below .1 , now @ .093.    

[CheatingCoins]

Price keep increasing, people keep selling, and its price keep growth, I think BTc will be at 25k this new year.

[Torque]

Just noticed that Bcash coin has fallen below .1 , now @ .093.    

It looks like a lot of alts are being squeezed to provide more rocket fuel for Bitcoin. Reverse flippening? Dominance currently at 62% and rising, captain. 

[bitserve]

So let's say I have more than 10 BTC and less than 20.  (cost basis around $600)

Two women in my office have watched me go nuts all year with the price increases.  I wish they bought in, but like most, they just feel like it's appreciated too much, and it's too late for them to get in.  Plus they don't have as much extra cash just lying around.

I thought of giving them a paper wallet for Xmas with some BTC in it, and thought $100 apiece was generous.  If I gave them both .01 BTC, I'm just wondering -- do I seem too cheap since it's such a small part of my stash?  I mean, I don't want to part with any of it, and now their gift is worth $130.

Normally I'd spend like $25 on them.  Not close close friends, just good work friends.  

What's my play here.

Fuck them.


Give them the usual gift, and perhaps account for possibility of some deflation by giving 20% extra.  Don't give them 4x extra.  They don't deserve it, unless perhaps they are going to blow you.  (one by one of course - would have to get two out of this not a team effort).   

You are wrong on that one. In this issues team effort is more valuable than one by one. It's one of those rare cases in which 1 + 1 > 2