Gyrsur
Legendary
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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December 10, 2013, 02:42:54 PM |
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Most of the miners did overinvest. But if I'm wrong throw me the numbers.
I will buy their cheapest ASICs when the price falls to $10  $10 price of mBTC? |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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December 10, 2013, 02:43:31 PM |
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Guys, difficulty just jumped up by 200 mil!!!  November KnC hardware hit the market. I'll have less BTC to throw away, trading... Pretty bullish, isn't it?  If the price falls it's going to be painful for miners. Not even talking about ROI. Nothing bitcoin is painful unless one overinvests! Don't you think? Most of the miners did overinvest. But if I'm wrong throw me the numbers. Got no numbers! Can only speak for me! I bought a 7970 before asics which I now use to game! Currently mining with 7 usb sticks! None of these would turn me upside down! |
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fr33d0miz3r
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December 10, 2013, 02:44:16 PM |
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Most of the miners did overinvest. But if I'm wrong throw me the numbers.
I will buy their cheapest ASICs when the price falls to $10 $10 price of mBTC? No. $10 price of megaBTC |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 10, 2013, 02:45:33 PM |
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Most of the miners did overinvest. But if I'm wrong throw me the numbers.
I will buy their cheapest ASICs when the price falls to $10 $10 price of mBTC? No. $10 price of megaBTC Has the time machine been invented? |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 10, 2013, 02:47:08 PM |
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hmmm mtgox is starting to bit into the 1k barrier. could get interesting here in a short time
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pickard
Member
Offline
Activity: 84
Merit: 10
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December 10, 2013, 02:48:06 PM |
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 This is just how I see it. I could and I probably am wrong, but this is what I have in my mind, for the short term future. |
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lebing
Legendary
Offline
Activity: 1288
Merit: 1000
Enabling the maximal migration
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December 10, 2013, 02:51:26 PM |
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Errr... no choochoo. WHERE THE HELL IS MY WIRE
Ohh snap. |
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accord01
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December 10, 2013, 02:53:10 PM |
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CHOO CHOO!
choo choo as in train needs maintenance? |
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fr33d0miz3r
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December 10, 2013, 02:55:54 PM |
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Has the time machine been invented?
It will be soon |
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alexeft
Legendary
Offline
Activity: 854
Merit: 1000
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December 10, 2013, 02:56:51 PM |
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Guys, difficulty just jumped up by 200 mil!!! November KnC hardware hit the market. I'll have less BTC to throw away, trading... Pretty bullish, isn't it? If the price falls it's going to be painful for miners. Not even talking about ROI. Nothing bitcoin is painful unless one overinvests! Don't you think? Most of the miners did overinvest. But if I'm wrong throw me the numbers. Got no numbers! Can only speak for me! I bought a 7970 before asics which I now use to game! Currently mining with 7 usb sticks! None of these would turn me upside down! Fair enough. I was more talking about miners with bigger hardwares. Obviously, but I don't have any numbers. Miners are in a closed loop of chasing their tails. The more they mine, the less value they produce. If it weren't for bitcoin's decreasing mining reward, they would never be able to come out clean. Anyway, I decided that I wanted to help some with the dirty job. |
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cfrm
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December 10, 2013, 02:57:13 PM |
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Most of the miners did overinvest. But if I'm wrong throw me the numbers.
I will buy their cheapest ASICs when the price falls to $10 NO, BUT YOU CAN MAKE IT APPEAR LIKE YOU WROTE SOMETHING CLEVER IN THE PAST! $10 price of mBTC? No. $10 price of megaBTC Has the time machine been invented? Se what I did there? |
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Richy_T
Legendary
Offline
Activity: 2450
Merit: 2130
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 10, 2013, 02:57:33 PM |
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In these charts, are the outer edges real, or just plotting artifacts? I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter? Ditto for the right edge of the red (ask) plots. The outer edges are just whatever is returned by Gox which is apparently not the full order book. I'm not sure what determines how far they go. Possibly it just returns something like the closest 1000 asks and bids. |
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Richy_T
Legendary
Offline
Activity: 2450
Merit: 2130
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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December 10, 2013, 02:59:31 PM |
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In these charts, are the outer edges real, or just plotting artifacts? I mean, does the leftmost edge of the green plots indicate the lowest extant bids in that exchange, or just the lowest bids that were considered by the plotter? Ditto for the right edge of the red (ask) plots. It goes back by ratio... say 100$ one way and 100 the other the valley is where trades have been executed in order from most recent in the front to older in the rear.. each line dictates another trade in that timescale.. It does not show trades, only bids & asks. |
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ChartBuddy
Legendary
 Online
Activity: 2212
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 10, 2013, 03:02:12 PM |
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fr33d0miz3r
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December 10, 2013, 03:09:53 PM |
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This 'dead' cat seems to still have 6 more lives.
or deaths |
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600watt
Legendary
Offline
Activity: 2338
Merit: 2106
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December 10, 2013, 03:10:06 PM |
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This is just how I see it. I could and I probably am wrong, but this is what I have in my mind, for the short term future. Agreed. We are about to move back down. I expect a new low. lol, new low is correct. but rather a new low of your btc holdings. (those of you who did sell above 900 ) |
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atleticofa
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December 10, 2013, 03:10:14 PM |
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Bitcoin will go up, 1700 for last of month. Just wait, and you will see it.
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fr33d0miz3r
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December 10, 2013, 03:11:27 PM |
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Bitcoin will go up, 1700 for last of month. Just wait, and you will see it.
1700 zimbabwian dollars? |
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gandhibt
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December 10, 2013, 03:18:40 PM |
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http://btctrading.wordpress.com/2013/12/10/long-term-update-daily-view-bitstamp/"Price is holding above the midpoint ($ 650) of the last rally and it is moving upward towards the 2nd deviation line of the VWAP, located at the same level of the recent double top. There will be probably a correction before moving above the all time high at $1163, that correction could be a nice buying opportunity for who is looking for a good moment to buy."
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