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neilol-real
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April 10, 2014, 11:58:23 PM |
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I don't have idea when to start seriously buying.  When the suicide hotline posts start appearing on reddit is usually a good indicator |
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MinermanNC
Legendary
 Offline
Activity: 2198
Merit: 1000
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April 10, 2014, 11:58:27 PM |
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I think I need a nap now  EDIT: Amazing stuff |
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infofront (OP)
Legendary
Offline
Activity: 2632
Merit: 2790
Shitcoin Minimalist
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April 10, 2014, 11:59:03 PM |
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There have already been lots of ASICs hitting Ebay. If the price really tanks, and the difficulty plunges, buying mining equipment could be even more lucrative over the long haul than buying coins.
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Adrian-x
Legendary
Offline
Activity: 1372
Merit: 1000
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April 10, 2014, 11:59:43 PM |
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I don't have idea when to start seriously buying. do it now, just think of the miners. |
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ParabellumLite
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April 11, 2014, 12:00:12 AM |
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There have already been lots of ASICs hitting Ebay. If the price really tanks, and the difficulty plunges, buying mining equipment could be even more lucrative over the long haul than buying coins.
That is, if you discard the massive risks in making such a trade. Those chips are only good in doing one thing. |
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 11, 2014, 12:00:15 AM |
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Miners are screwed, it is like 450 wasnt enough unprofitable, now they have to deal with 350  My main fear is that this draws out. If we see any decent sized time frame where larger miners are unprofitable on increasing scales, shit could hit the fan. hard. Unlikely to happen, IMHO. Bitcoin now has 25% market cap of What's App. This is pocket change for whales. |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 11, 2014, 12:00:25 AM |
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AngelSky
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April 11, 2014, 12:00:48 AM |
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357
"OMG China's gonna ban!"
329
"OMG China's gonna ban!"
298
"OMG China's gonna ban!"
244
"OMG China's gonna ban!"
177
"OMG China's gonna ban!"
133,6...
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podyx
Legendary
Offline
Activity: 2338
Merit: 1035
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April 11, 2014, 12:01:48 AM |
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hash rate down to 47k |
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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April 11, 2014, 12:02:06 AM |
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Lol Huobi higher than stamp at the moment.
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mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
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April 11, 2014, 12:02:46 AM |
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where is the physic teacher, the one from Greece who always shout and yell and write with big red font to "hodl", he has been doing it from $1000 all the way down, and he has been trashing all traders....
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billyjoeallen
Legendary
Offline
Activity: 1106
Merit: 1007
Hide your women
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April 11, 2014, 12:03:00 AM |
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Mining is no big deal issue. Half of all miners loose money. The difficulty will simply drop. It's happened before.
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porcupine87
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April 11, 2014, 12:04:34 AM |
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That was perfect Fib retracement on Bitstamp.  This is so arbitrary. It just depends were you set the low and high point. And all the other lows are not not pefect. They are just somewhere between. That what you would expect with randomness... |
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dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
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April 11, 2014, 12:05:38 AM |
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Hodling 66%, sodled 33% of my coins.
So flash crash + flash reversal would be the best situation for me... :p
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porcupine87
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April 11, 2014, 12:05:53 AM |
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Mining is no big deal issue. Half of all miners loose money. The difficulty will simply drop. It's happened before.
No! Why should the hashrate drop? Because they want to lose even more money? |
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jonoiv
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April 11, 2014, 12:06:41 AM |
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Wow not sure if HODL or sell with a loss of 50% = $30.000 ??
Cant imagine we will ever see $500 at the moment.
hold man  No point dumping now! |
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cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
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April 11, 2014, 12:06:50 AM |
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The bubble is officially popped. this is capitulation.
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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April 11, 2014, 12:09:34 AM |
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Hodling 66%, sodled 33% of my coins.
So flash crash + flash reversal would be the best situation for me... :p
Sounds legit, never thought of that I only think in 100% steps, whyever... |
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shmadz
Legendary
Offline
Activity: 1512
Merit: 1000
@theshmadz
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April 11, 2014, 12:11:03 AM |
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ah this really sucks
Hey Adam, you know what really sucks? CaVirtex says because of some stupid law that I need to re-verify my bank account, and the way they verify is to send money to my account and then I have to tell them how much they sent... Of course, I'm not going to know how much they sent until  who knows when? -- and then it will still take 2-3 business days for my deposit to clear, meaning I won't have funds in my account until, I dunno, next tuesday? wednesday? I might just end up going to bitcoinbrains and eating that 6.5%... Or maybe I just take the money I was going to spend on bitcoin and buy a flight and a hotel and go to the expo in Toronto this weekend  I was lucky i did this last week, also have an EFT on its way hope it comes through tomorrow. have you tried VoSI have not tried them yet, but I expect I would have to verify with them as well, I'm not sure how long these prices will last. Maybe it will keep dropping and not being able to fund my account will actually turn in my favour. One thing is for certain, once you experience bitcoin, the legacy banking system is downright laughable. It's seriously like comparing physical mail to email. (*45 new replies?!?!?!*) holy crap, I need to type faster, lol. |
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