ChartBuddy
Legendary
Online
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 22, 2014, 07:00:22 PM |
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spooderman
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Activity: 1652
Merit: 1029
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April 22, 2014, 07:10:46 PM |
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It's like one long saturday
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lynn_402
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April 22, 2014, 07:13:57 PM |
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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/CcIhXSadly, 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
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infofront (OP)
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Activity: 2646
Merit: 2791
Shitcoin Minimalist
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April 22, 2014, 07:20:34 PM |
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It's like one long saturday
That pretty well sums it up.
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molecular
Donator
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Activity: 2772
Merit: 1019
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April 22, 2014, 07:28:38 PM |
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Any candlestick TA experts? This is bitstamp Y10 chart. What are your predictions? Haha So bullish! You should use logarithmic scale.
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ChartBuddy
Legendary
Online
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 22, 2014, 08:00:25 PM |
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edwardspitz
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April 22, 2014, 08:10:50 PM |
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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/CcIhXSadly, 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.
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bitcoinsrus
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April 22, 2014, 08:21:17 PM |
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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/CcIhXSadly, 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.
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roslinpl
Legendary
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Activity: 2212
Merit: 1199
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April 22, 2014, 08:27:26 PM |
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420 ... is it near?? If it will drop to 420 I see +420 in next two days.
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JorgeStolfi
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April 22, 2014, 08:32:13 PM |
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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...
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Odalv
Legendary
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Activity: 1414
Merit: 1000
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April 22, 2014, 08:32:40 PM |
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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/CcIhXSadly, 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 ?)
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bitcoinsrus
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April 22, 2014, 08:37:16 PM |
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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/CcIhXSadly, 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
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Odalv
Legendary
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Activity: 1414
Merit: 1000
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April 22, 2014, 08:42:03 PM |
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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/CcIhXSadly, 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)
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infofront (OP)
Legendary
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Activity: 2646
Merit: 2791
Shitcoin Minimalist
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April 22, 2014, 08:56:51 PM |
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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.
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ChartBuddy
Legendary
Online
Activity: 2240
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 22, 2014, 09:00:21 PM |
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Raystonn
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April 22, 2014, 09:24:05 PM |
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Hey, check this out. The real news with this exchange: unlimited trading for $99 per month. No per trade fees.
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explorer
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Activity: 2016
Merit: 1259
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April 22, 2014, 09:34:14 PM |
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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?
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roslinpl
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Activity: 2212
Merit: 1199
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April 22, 2014, 09:50:45 PM |
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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!"
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kryptopojken
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April 22, 2014, 09:52:02 PM |
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nice sell wall stamp!
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