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

[niktitan132]

so who sold at 525 ? hope u learned ur lesson 

Damn... I knew I shouldn't have listened to fonzie.

lolol

Hahahaha  

But who bought at 525?  

I have!  

[Riddikulo]

Stupid trolls, stop with that shit of "I was right". No one was right, if you are for 3 years posting all the days "price will go down" some day you are gonna hit it.

[empowering]

[Moria843]

the most fucked up at the moment are miners, an investor or a trader can close his position to cut his loses anytime, but miner will be stuck with a non profitable hardware that cant sell, above all of that he has to pay for mining costs (power, internet, maintenance, rent....)

Not true, depends where you are in the cycle. My miners have paid themselves off and continue mining at a cost of $190/BTC. So how am I "most fucked"?

Sometimes it helps if you know what you're talking about. You obviously don't!

what miners do you have ? and how did they pay off ( in term of BTC or $) ?

They are BitMain S1 miners, which I purchased with bitcoins directly from China. They're no longer made but still pumping. They are paid off both in terms of $ and BTC. I did have to buy some BTC to purchase the early ones, but when I look at the average cost of the BTC I used to purchase (around $375) and subtract their $ cost, plus electricity, power supplies, extra fans, etc. from the current value of the BTC they've mined so far I'm up about $1100 and they're still mining at $190/BTC. I'll keep mining them as long as they stay profitable.

Of course, if I was to count my time spent setting up and maintaining I'd be in the hole, but like most it's also a hobby. I was also lucky to buy the initial BTC I used for the initial purchases at a lower price and to use the earlier more profitable mined coins (when difficulty was lower) to purchase the follow on miners.

[dyland]

sold at 580.

bought at 530

[Riddikulo]

It´s bouncing. 

[fonsie]

Where did fallling and shroomie go? Taking their 4 o'clock nap?

[aluminumoxide13]

well its getting to that time 8888

[empowering]

sold at 580.

bought at 530

Livin like a baller loc
Havin money, and blowin hella chronic smoke
I bought my momma a Benz, and bought my Boo-Boo a Jag
And now I'm rollin in a nine-trizzay El Do-Rad

[Krabby]

I don't even know what the what anymore.

not that I ever did

[oda.krell]

Where did fallling and shroomie go? Taking their 4 o'clock nap?

Trollin' taking its tollin'...

Eh. I try, I try.


Doesn't look like we formed a bottom, though. For today, perhaps, but don't think we've seen the end of it.

[barbs]

Wheeeeeeee

[Walsoraj]

https://bitcointalk.org/index.php?topic=723392.0

This thread is still being overlooked.

[dyland]

sold at 580.

bought at 530

Livin like a baller loc
Havin money, and blowin hella chronic smoke
I bought my momma a Benz, and bought my Boo-Boo a Jag
And now I'm rollin in a nine-trizzay El Do-Rad

hella, yeah with my mbits
you know can't hit this
if I get 1 BTC I win this.

[Tzupy]

Where did fallling and shroomie go? Taking their 4 o'clock nap?

Trollin' taking its tollin'...

Eh. I try, I try.

Doesn't look like we formed a bottom, though. For today, perhaps, but don't think we've seen the end of it.

FTFY (just the size). Come on, oda.krell, unleash your inner bear!

[empowering]

Trollin' taking its tollin'...

Eh. I try, I try.

 

[Riddikulo]

All of this because a little dump of Ethereum? What is going to happend when they dump all the 24k coins?

[gentlemand]

Would the Ethereum types with all their hype and connections be stupid enough not to have already arranged a sale off exchange long ago?

[oda.krell]

FTFY (just the size). Come on, oda.krell, unleash your inner bear!

Like this?

[Cassius]

All of this because a little dump of Ethereum? What is going to happend when they dump all the 24k coins?

Probably what happened when the Silk Road coins were 'dumped'.