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

[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

[RejectedBanana]

Mind melting week... Memories of 2013 rise. And 2014-15 slog through the desert. Boy was this payoff worth the wait.



Bitcoin says Hello World.

[bones261]

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?

Yes, you can. But with all the security incidents with that coin, it's really going downhill.

[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...

Can you not mine Bitcoin Gold with a GPU?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

[bitserve]

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. 

YUp, it's one of those times where I feel a bit sad about my little alts... and then realise their combined value is not much more than 10 or 20% of my portfolio so I fucking don't care

[AlcoHoDL]

12,000 € ATH @ Kraken!

There's no point anymore...

I'm off to bed to make some profits while sleeping. Will be checking the charts in my dreams.

See you guys tomorrow!


PS: Well done, Andreas! Well deserved!

[bitserve]

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?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

[bones261]

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?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

My one 1070 could make about $2.58 per day, discounting electricity at 15 cents/KW. So a better card could probably make six.

[soullyG]

Can we switch to millibits already? 

[bitserve]

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?

 I stopped GPU mining a while ago and haven't looked back but now that you mention it, it seems like I could make about $6 worth of BTG daily.  I'll be getting paid to keep the house toasty warm (if the wife approves - noisy).  Thanks!

$6 with only one card or you have several? Is that discounting the electricity cost?

My one 1070 could make about $2.58 per day, discounting electricity at 15 cents/KW. So a better card could probably make six.

I have an old R9 280X that I only rarely use it for oclhashcat. Is it even worthy to mine anything with it nowadays? Donno much about current gpu cards/developments. Don't even know what a 1070 is....

[bones261]

I have an old R9 280X that I only rarely use it for oclhashcat. Is it even worthy to mine anything with it nowadays? Donno much about current gpu cards/developments. Don't even know what a 1070 is....

Nvidia 1070. You can use this web site to try and calculate what coin is best to mine. https://whattomine.com/ Not sure your old GPU will yield much. Maybe with a Cryptonight hash coin.

[jojo69]

the top is in

[Paashaas]

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

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

We're to spoiled with all those billions moving into Bitcoin these days... lol.

$14.000 

[spiderbrain]

the top is in

The TOP top, or just this top?

[HairyMaclairy]

Lol, ethereum is looking back at its beloved 300$ again

Hahahaha as an ETH bag holder I love it !

[JimboToronto]

Finally got our correction. Nice to see it not just running away,

Was that it? Time to start moving back up, albeit a little less frantically?