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

[Last of the V8s]

https://medium.com/radarrelay/ledger-integration-update-994ce2c5ac93
trade shitcoins within and between hardware wallets

[Last of the V8s]

If Bitcoin has returned to fair market value for now, then so be it.

if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair

[TERA2]

Mining has no effect on prices. It is prices that affect mining and the mining hardware needs to catch up to the price.

[d_eddie]

We're weak ass ratt hands! Don't sugarcoat our failure.

Nice to see that phrase is taking off. I am a huge supporter, too! 

[TERA2]

Wow went down to 9200

Look at the bright side, it is still

over 9000!!!!

LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.

What a pathetic community

Is this roach?

[d_eddie]

LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.

What a pathetic community

Is this roach?

Don't think so. Writing style doesn't check. Opening "LOL" gives it off straight away.

[lightfoot]

This. You're not really meant to have money that you need for bills in any class of assets in the first place. So having to withdraw is, in most cases, just a result of poor investment decisions. There are very few exceptions which are so extraordinarily rare that they won't even apply to the vast majority of people who "had to withdraw money" unless they fucked up and put in way too much to begin with. Like that guy on Twitter who took out a mortgage on his house during the Bitcoin peak and put it all in even though he has a family and kids.

In this case, Searing (and myself for different reasons) earns coins by doing work (mining for him, fixing for me). This incurs certain expenses (taxes, power, parts, shipping, etc) which must be paid for at regular intervals. So you sell coins you make at those intervals to pay the bills.

A portion of my earnings goes into a long term savings/investing account, but a portion always goes into op ex, some to cap ex, and some to taxes/fees.

Anything else is what we call "timing the market" or "gambling" which is not the primary purpose of the business.

C

[BitcoinBunny]

Wow went down to 9200

Look at the bright side, it is still

over 9000!!!!

LOL, when BTC shills understand that their shitcoin as-well can be dump & pump no matter all bright stories abut decentralization, freedom and etc.

What a pathetic community

Going by your post; you can say shit and you attempt to provoke people, you have the exact qualifications to work for CNN.

[Phil_S]

12000 is a good start...

Now can we try 13000?

[Torque]

if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair

If that were true then hashrate would be skyrocketing right now.

[Last of the V8s]

turns out the Mayor has been at it for a very long time



"hodl"

Thomas Lee in Irish dress by Marcus Gheeraerts the Younger, 1594

[d_eddie]

middlemen
metals as being a hedge
permissioned ledger or tyranny by default.

Now this is like Roach, but atypically missing any mention of evil Jews.

Until some nerd gets into your PC, laptop, mobile and steals your private key, and what than? You are so hardly fucked with your "StoRe of Valu" because all your wealth gone. And what you will do? Go to police? They will tell you same "Gtfo to where you came from"

In proper bank in proper countries you will get your money back and investigation will trigger.

Or even better, when govs decide to block any Crypto activity. That is going to become a fork war of the decade!

Or fuck yourself, if Bitcoin would not be tied to USD and liquidity would not be tied to Banks in one or other way, you would be buying your fucking pizza for 10,000BTC, so fuck off you boy.

I think I'm only ignoring a couple noisy noobs at the moment. You're getting close to first in line among seasoned users. Go on punk, make my day. But let's do it later, shall we? Your coffee break is over, likely you'd better get back to work at your bank desk.

[Last of the V8s]

if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair

If that were true then hashrate would be skyrocketing right now.

it is and it is. nonetheless there has been this huge window of opportunity for miners since summer

[Last of the V8s]

anybody got this report? https://info.elliptic.co/whitepaper-fdd-bitcoin-laundering

edit: more https://coincenter.org/link/a-new-study-finds-less-than-1-of-bitcoin-transactions-to-exchanges-are-illicit

editedit: https://bitcoinmagazine.com/articles/bitcoin-laundering-study-where-do-criminals-turn-mask-illicit-cryptoassets/
https://cdn2.hubspot.net/hubfs/3883533/downloads/Bitcoin%20Laundering.pdf

[Wekkel]

anybody got this "report"? https://info.elliptic.co/whitepaper-fdd-bitcoin-laundering

I only read this:

Bitcoin, the world’s first cryptocurrency [...] has gone mainstream.

So it begins  

[jonoiv]

if even a duncetard like myself can mine one for ~2.1k usd (which is expensive because uk=51st shithole) then 'fair' seems a bit unfair

If that were true then hashrate would be skyrocketing right now.

His not a million miles away,  since the dilution of the hash-rate thanks to BCH and other chain forks (SHA256) mining has become a lot more profitable.   That will balance out over time though.  The hash rate has doubled since the BCH fork, even taking into account the miners that switched.  

Miners are taking up the slack, but memories of unprofitable mining in 2014 - 2016 means that many are cautious of reinvesting in a ton of mining equipment.

Id say given the predicted future hashrate increase the cost of elec, and equipment.  Id estimate if starting from scratch now about 9k to make a bitcoin at current prices.  

[Last of the V8s]

aok yes if you have to buy new rigs

[criptix]

should i request a paid article on CNBC?

Whole cryptocurrency market is green while Tether is the only digital currency in red?

RIP USD

[BTCMILLIONAIRE]

should i request a paid article on CNBC?

Whole cryptocurrency market is green while Tether is the only digital currency in red?

RIP USD

I've also found an article about Ethereum being "below $1000 again" on some random MSM site on my phone earlier today. And it came out pretty much just before it returned to above $1000. Media is quite a strange phenomenon these days.

[Torque]

should i request a paid article on CNBC?

Whole cryptocurrency market is green while Tether is the only digital currency in red?

RIP USD

Every article I read on CNBC.com is wrong. Not just about Bitcoin, but about the economy in general. All corps and businesses are painted as being in full recovery mode, whilst crypto is painted as a space that is teetering on the edge of collapse any day now.

Completely backwards.

Of course the agenda is to get Average Joe back into the equities markets full steam.... the last bag holders when the stock market finally tanks a few years from now.

Meanwhile Wallstreet will quietly hedge into the crypto space, and it'll skyrocket during the coming equity market meltdown. There's a reason why the Bitcoin price has risen so much. There's a reason why the Bitcoin futures market was created. And there will be the same reasons for the coming Bitcoin ETFs. I can tell you that it's not for Average Joe's benefit.