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

[ChartBuddy]

Explanation

[spooderman]

It's like one long saturday

[lynn_402]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

[infofront]

It's like one long saturday

That pretty well sums it up.

[molecular]

Any candlestick TA experts? This is bitstamp Y10 chart. What are your predictions?

Haha   So bullish!

You should use logarithmic scale.

[lynn_402]

This will probably contribute in buyers regaining trust in exchanges: http://www.coindesk.com/vault-satoshi-announces-proof-solvency-service/
That's great news.

[ChartBuddy]

Explanation

[edwardspitz]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

These low prices are helping the big mining warehouses getting rid of the remaining competition. Soon there will be nothing but data centers mining coins... a bit sad really. But bitcoin is going pro. and that is also a positive thing in many respects.

[bitcoinsrus]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

These low prices are helping the big mining warehouses getting rid of the remaining competition. Soon there will be nothing but data centers mining coins... a bit sad really. But bitcoin is going pro. and that is also a positive thing in many respects.

Bring it on knc.  I got like 20 ghash and I could run it until my parents come home.  

[roslinpl]

Explanation

420 ... is it near??

If it will drop to 420 I see +420 in next two days.

[JorgeStolfi]

This will probably contribute in buyers regaining trust in exchanges: http://www.coindesk.com/vault-satoshi-announces-proof-solvency-service/
That's great news.

I don't see why those "proofs" are necessary.  Bitcoin believers will totally trust anyone who claims to love bitcoins and any outfit that deals with bitcoins. 

They even believe that those "proofs" prove anything...

[Odalv]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

These low prices are helping the big mining warehouses getting rid of the remaining competition. Soon there will be nothing but data centers mining coins... a bit sad really. But bitcoin is going pro. and that is also a positive thing in many respects.

Bring it on knc.  I got like 20 ghash and I could run it until my parents come home.  

looks like you can mine  0,00136101 BTC / DAY what is 0.5 per year if difficulty will not raise (how much electricity will it cost your parents ?)

[bitcoinsrus]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

These low prices are helping the big mining warehouses getting rid of the remaining competition. Soon there will be nothing but data centers mining coins... a bit sad really. But bitcoin is going pro. and that is also a positive thing in many respects.

Bring it on knc.  I got like 20 ghash and I could run it until my parents come home.  

looks like you can mine  0,00136101 BTC / DAY what is 0.5 per year if difficulty will not raise (how much electricity will it cost your parents ?)

The funny thing is that I considered mining but yea the difficulty is a pain.  If it stayed the same then maybe it would be worth it.  Now, if your small you need to reinvest otherwise you won't get anywhere

[Odalv]

Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday: http://imgur.com/a/CcIhX

Sadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.

... and some say Bitcoin is a deflatory currency

These low prices are helping the big mining warehouses getting rid of the remaining competition. Soon there will be nothing but data centers mining coins... a bit sad really. But bitcoin is going pro. and that is also a positive thing in many respects.

Bring it on knc.  I got like 20 ghash and I could run it until my parents come home.  

looks like you can mine  0,00136101 BTC / DAY what is 0.5 per year if difficulty will not raise (how much electricity will it cost your parents ?)

The funny thing is that I considered mining but yea the difficulty is a pain.  If it stayed the same then maybe it would be worth it.  Now, if your small you need to reinvest otherwise you won't get anywhere

If I'll estimate 1 kW/h  (10 cent/hour) then 1 day of mining will cost you $2.4/day .. $72/month ... $864/year (and you will have only 0.5 - 0.1 BTC)

[infofront]

And that's a conservative estimate for power costs. My 8MH scrypt mining hardware costs nearly $12/day in electricity, and that's with fairly low midwest-US prices.

[ChartBuddy]

Explanation

[Raystonn]

This will probably contribute in buyers regaining trust in exchanges: http://www.coindesk.com/vault-satoshi-announces-proof-solvency-service/
That's great news.

Hey, check this out.  The real news with this exchange: unlimited trading for $99 per month.  No per trade fees.

[explorer]

This will probably contribute in buyers regaining trust in exchanges: http://www.coindesk.com/vault-satoshi-announces-proof-solvency-service/
That's great news.

Hey, check this out.  The real news with this exchange: unlimited trading for $99 per month.  No per trade fees.

and if it hasn't changed recently, no volume or liquidity either.  Are they growing at any measurable pace?

[roslinpl]

Explanation

And a drop ... a dollar ...

Well from few days I am getting kinds worried about answer to a question.

My question is "when"... "when we will see a nice rally @800!"

[kryptopojken]

nice sell wall stamp!