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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368668 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
medialab101
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January 09, 2014, 01:59:33 PM
 #74381

Did I miss something... what's this sell-off?
cex.io and ghash.io broke Bitcoin.


No 51% though right. Just the possibility.
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stereotype
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January 09, 2014, 02:01:03 PM
 #74382

Did I miss something... what's this sell-off?
cex.io and ghash.io broke Bitcoin.

Not really, but that's what the headlines say right now.

Hope Gavins bat phone is working.
micalith
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January 09, 2014, 02:01:33 PM
 #74383

Did I miss something... what's this sell-off?
cex.io and ghash.io broke Bitcoin.


No 51% though right. Just the possibility.

yup   https://blockchain.info/pools?timespan=24hrs
Jren
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January 09, 2014, 02:01:55 PM
 #74384

Did I miss something... what's this sell-off?

this is the end. It's all over now. Nothing left but tears and broken dreams
spooderman
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January 09, 2014, 02:02:25 PM
 #74385

Did I miss something... what's this sell-off?

this is the end. It's all over now. Nothing left but tears and broken dreams

lol

not again!
NamelessOne
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January 09, 2014, 02:02:48 PM
 #74386

Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future?
wilfried
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January 09, 2014, 02:03:26 PM
 #74387

r.i.p. fiat
medialab101
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January 09, 2014, 02:04:05 PM
 #74388

I give up... I lose at Bitcoin.
N12
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January 09, 2014, 02:04:27 PM
 #74389

Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future?
I'm hoping for moon. I'm expecting the worst. As always.

I just ready myself psychologically. Many people here don't want to do this and prefer to dwell in their delusions until inevitably, they are shattered. That is fine too.
justusranvier
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January 09, 2014, 02:05:01 PM
 #74390

Hope Gavins bat phone is working.
It's not really a problem that can be solved in code, by Gavin or anyone else, despite what all the PoS promoters say.
magicmexican
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January 09, 2014, 02:06:14 PM
 #74391

42% actually down to 38-39% today so community reacting?
Ivanhoe
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January 09, 2014, 02:07:47 PM
 #74392

42% actually down to 38-39% today so community reacting?
Apparently yes, good to seen that bitcoin is more then just high returns.
N12
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January 09, 2014, 02:08:06 PM
 #74393

42% actually down to 38-39% today so community reacting?
There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks, so you would have to watch longer term. I'm sure a few people moved over, but as long as the underlying conditions that caused this pool to grow so much do not change, it will likely continue to grow once this reddit flurry is over.

Basically: If it loses 5-10% now, do you really think this won't happen again?
micalith
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January 09, 2014, 02:08:16 PM
 #74394

42% actually down to 38-39% today so community reacting?

that's the start of the community reaction. This price dive might spur on the rest
medialab101
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January 09, 2014, 02:09:10 PM
 #74395

pit pat piffy wing wong wang  Tongue
magicmexican
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January 09, 2014, 02:10:17 PM
 #74396

I see the beautiful double bottom and "W" forming


optimi
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January 09, 2014, 02:10:32 PM
 #74397


There is a certain degree of randomness to this calculation because it is based on a rolling average of the past X blocks,

This could also be the reason it peaked to 42 % in the first place.
Hypnoise
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January 09, 2014, 02:10:38 PM
 #74398

Is GHash.IO primarily independent miners pointing their hashpower this way, or is mostly internal to GHash (e.g., hardware at cex.io, etc)?
both

Hmm, I understand GHash does merged mining with alt coins and is thus more appealing to some miners.  But I wonder why more aren't moving to Elegius or another smaller pool giving the current situation and potential (temporary) loss of confidence should something "funny" happen.  Is this a "tragedy of the commons" or is it a case of "meh, whatever"?

it also has 0% commission and it is private
humanitee
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January 09, 2014, 02:11:24 PM
 #74399

I see the beautiful double bottom and "W" forming




I still see a dinosaur. Everything must be ok then!  Cheesy
NamelessOne
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January 09, 2014, 02:11:43 PM
 #74400

Enjoy your deflating currency.
Are you hoping for 2011 style and a rise once again in the future?
I'm hoping for moon. I'm expecting the worst. As always.

I just ready myself psychologically. Many people here don't want to do this and prefer to dwell in their delusions until inevitably, they are shattered. That is fine too.
Yeah, it is smart to be able to switch on a dime as needed. I love the full bull moon, but will head back into my bear cave when the market calls for it. If 2011-2012 happened again it would annoy me as it was a painful drawn out process, but I also loaded up on btc because of it.
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