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

[adamstgBit]

Seems show is over for now. Good night from Greece, have a nice sleep.

now i understand why you're such a bull

good night buddy

[klee]

ok 1x more dump if it will not brake $322  we are free to go up.

Because?

Aliens

[klee]

Seems show is over for now. Good night from Greece, have a nice sleep.

Ellinas re?

Avrio milame, paw k egw gia ypno!

[adamstgBit]

[AirFlame]

Ok time to sleep cu tomorrow i hope for better price for all of us

[Richy_T]

Perhaps God was sending you a message through your husband

Heh, there is a joke along those lines. It also touches on your tsunami experience though so I'll leave it at that.

[JayJuanGee]

Anybody in US, or any other country where it's easy to get weapons, is willing to sell me a powerful gun??
I will pay good, probably won't be needing it for a couple of months but I just want to make sure

Check any darknet market.  They accept btc.
You might want to consider shorting or selling instead of killing, however.

How does it work with shipping? I live in sweden so

And any suggestion for a site?

if you are serious then you are too invested, I suggest you sell everything because you clearly don't understand what "invest only what you can afford to lose" means.... it is time that you sell withdraw and shut off your PC and go do something better with your life.

when you start thinking about hurting someone or yourself, it is the point when you maybe need to talk with someone, maybe you need professional help.

I suspected that if I perused a sufficient quantity of your posts, mmitech, I would run across some piece of wisdom.... and yes, finally, a piece of wisdom from mmitech!!!   

I'm not joking.  +1 to this one of mmitech's posts.   

[empowering]

<350   - 91 (59.1%)
>350   - 63 (40.9%)


until we see such statistics , so many bulls 41% the price will keep going down

perhaps if only 10-20% bulls left the price will start rising again

I don't agree the price will be dumped 2x more times before it go up.

Must be so awesome to be able to look into the future. You must be so rich.

"Must be so awesome to be able to look into the future."

Says the guy who claims he knows it all? and constantly "tells the future"

give me a break

(edit- I don't mind people speculating on the future, it is just the constant "you guys are idiots it has done this for x months, it will always continue to do x, really shrooms, you have no right to give other people shit on here (you are the LAST person that can do that) for what they say, you and a few others just repeat the same thing over and over and over too.. really.. )

[fonsie]

<350   - 91 (59.1%)
>350   - 63 (40.9%)


until we see such statistics , so many bulls 41% the price will keep going down

perhaps if only 10-20% bulls left the price will start rising again

I don't agree the price will be dumped 2x more times before it go up.

Must be so awesome to be able to look into the future. You must be so rich.

"Must be so awesome to be able to look into the future."

Says the guy who claims he knows it all? and constantly "tells the future"

give me a break

(edit- I don't mind people speculating on the future, it is just the constant "you guys are idiots it has done this for x months, it wil always continue to do x, really shrooms, you have no right to give other people shit on here for what they say, you and a few others just repeat the same thing over and over and over too.. really.. )

Give the kid a break, it's not his fault that he's born a retard. 

[phoenix1]

Perhaps God was sending you a message through your husband

Heh, there is a joke along those lines. It also touches on your tsunami experience though so I'll leave it at that.

I think I know the one !! Fire away  

Something about a boat and a helicopter by any chance ??

I should probably apologise ... I wasn't offended by Empowering's words, it just touched upon something that will stay with me forever, and I guess I wanted to share it as it has shaped my life thereafter.

[esse83]

Embrace for sideways action! You can all go to bed now, good night!

[(Lithium)]

Since wallets cannot be un-created, I think it is more or less what we should expect to see, don't?

[empowering]

Perhaps God was sending you a message through your husband

Heh, there is a joke along those lines. It also touches on your tsunami experience though so I'll leave it at that.

I think I know the one !! Fire away  

Something about a boat and a helicopter by any chance ??

I should probably apologise ... I wasn't offended by Empowering's words, it just touched upon something that will stay with me forever, and I guess I wanted to share it as it has shaped my life thereafter.

Hey man no bother is all good.

I hear what you are saying... sometimes in life things happen, that will stay, haunt a person for ever, been there.

Thank you for sharing.

[brekyrself]

Inside Bitcoins Vegas starts tomorrow with some heavy hitting keynote speakers.  Good news around the corner?

http://insidebitcoins.com/las-vegas

[BusyBeaverHP]

I don't know about everyone else, but this is my buying price target:



If it doesn't happen, I'll just have to catch something on the way up.

[touhonoob]

Inside Bitcoins Vegas starts tomorrow with some heavy hitting keynote speakers.  Good news around the corner?

http://insidebitcoins.com/las-vegas

Adam Shapiro
Director, Promontory Financial Group

http://en.wikipedia.org/wiki/Promontory_Financial_Group

[byronbb]

What's interesting is days destroyed is basically at zero. All the coins being moved to exchanges to be sold are probably very new. The theory Chinese miners are selling to get their money offshore denominated in USD is pretty interesting.


I will keep coming back to BurtW's post on mining breakeven costs based around energy, which projects a mid October price of $233. If miner's are selling there comes a price point where buying is more cost effective than mining. I could see a bottom around $250.

When calculated in the OP over the time period from March 14, 2013 to March 13, 2014 the average increase in the difficulty and hash rate was 23.92% per adjustment period and the average length of each adjustment period was 11.38 days.

Recalculated over the period June 29, 2013 to June 29, 2014 it was 23.45% and 11.41 days.

Now, recalculating over the period August 24, 2013 to August 31, 2014 it is 21.12% and 11.63 days.

Assuming the network growth rate over the next year is the same as it was this last year we get:

Code:

                                Hash Rate   Power      Energy            Cost        Cost
     Date          Difficulty        TH/s      MW         MWh        $/Period       $/BTC
---------  ------------------  ----------  ------  ----------  --------------  ----------
11-Sep-14      33,220,936,877     237,808     238      66,349      $6,634,853     $131.64
23-Sep-14      40,236,446,759     288,028     288      80,360      $8,035,984     $159.44
04-Oct-14      48,733,473,526     348,853     349      97,330      $9,733,002     $193.12
16-Oct-14      59,024,880,009     422,523     423     117,884     $11,788,392     $233.90
28-Oct-14      71,489,598,585     511,750     512     142,778     $14,277,833     $283.29
08-Nov-14      86,586,583,575     619,820     620     172,930     $17,292,988     $343.11
20-Nov-14     104,871,710,060     750,712     751     209,449     $20,944,876     $415.57
02-Dec-14     127,018,241,359     909,246     909     253,680     $25,367,960     $503.33
13-Dec-14     153,841,618,762   1,101,258   1,101     307,251     $30,725,098     $609.62
25-Dec-14     186,329,486,300   1,333,819   1,334     372,135     $37,213,544     $738.36
05-Jan-15     225,678,056,071   1,615,491   1,615     450,722     $45,072,202     $894.29
17-Jan-15     273,336,153,086   1,956,646   1,957     545,904     $54,590,430   $1,083.14
29-Jan-15     331,058,561,407   2,369,846   2,370     661,187     $66,118,694   $1,311.88
09-Feb-15     400,970,635,767   2,870,303   2,870     800,815     $80,081,465   $1,588.92
21-Feb-15     485,646,557,708   3,476,447   3,476     969,929     $96,992,858   $1,924.46
05-Mar-15     588,204,117,648   4,210,593   4,211   1,174,756    $117,475,554   $2,330.86
16-Mar-15     712,419,512,763   5,099,775   5,100   1,422,837    $142,283,732   $2,823.09
28-Mar-15     862,866,387,600   6,176,732   6,177   1,723,308    $172,330,835   $3,419.26
08-Apr-15   1,045,084,236,901   7,481,119   7,481   2,087,232    $208,723,207   $4,141.33
20-Apr-15   1,265,782,371,309   9,060,961   9,061   2,528,008    $252,800,823   $5,015.89
02-May-15   1,533,086,956,002  10,974,431  10,974   3,061,866    $306,186,635   $6,075.13
13-May-15   1,856,840,218,301  13,291,983  13,292   3,708,463    $370,846,321   $7,358.06
25-May-15   2,248,962,841,151  16,098,949  16,099   4,491,607    $449,160,670   $8,911.92
06-Jun-15   2,723,892,885,897  19,498,682  19,499   5,440,132    $544,013,236  $10,793.91
17-Jun-15   3,299,117,405,623  23,616,363  23,616   6,588,965    $658,896,517  $13,073.34
29-Jun-15   3,995,816,323,188  28,603,604  28,604   7,980,405    $798,040,547  $15,834.14
10-Jul-15   4,839,642,281,734  34,644,038  34,644   9,665,686    $966,568,646  $19,177.95
22-Jul-15   5,861,665,181,962  41,960,074  41,960  11,706,861  $1,170,686,065  $23,227.90
03-Aug-15   7,099,516,184,307  50,821,092  50,821  14,179,085  $1,417,908,463  $28,133.10
14-Aug-15   8,598,773,298,472  61,553,356  61,553  17,173,386  $1,717,338,634  $34,074.18
26-Aug-15  10,414,639,578,109  74,552,032  74,552  20,800,017  $2,080,001,680  $41,269.87
07-Sep-15  12,613,975,712,232  90,295,733  90,296  25,192,510  $2,519,250,952  $49,985.14

In other words something has got to give by the end of the year, or actually before December 1

[BlindMayorBitcorn]

What's interesting is days destroyed is basically at zero. All the coins being moved to exchanges to be sold are probably very new. The theory Chinese miners are selling to get their money offshore denominated in USD is pretty interesting.


I will keep coming back to BurtW's post on mining breakeven costs based around energy, which projects a mid October price of $233. If miner's are selling there comes a price point where buying is more cost effective than mining. I could see a bottom around $250.

When calculated in the OP over the time period from March 14, 2013 to March 13, 2014 the average increase in the difficulty and hash rate was 23.92% per adjustment period and the average length of each adjustment period was 11.38 days.

Recalculated over the period June 29, 2013 to June 29, 2014 it was 23.45% and 11.41 days.

Now, recalculating over the period August 24, 2013 to August 31, 2014 it is 21.12% and 11.63 days.

Assuming the network growth rate over the next year is the same as it was this last year we get:

Code:

                                Hash Rate   Power      Energy            Cost        Cost
     Date          Difficulty        TH/s      MW         MWh        $/Period       $/BTC
---------  ------------------  ----------  ------  ----------  --------------  ----------
11-Sep-14      33,220,936,877     237,808     238      66,349      $6,634,853     $131.64
23-Sep-14      40,236,446,759     288,028     288      80,360      $8,035,984     $159.44
04-Oct-14      48,733,473,526     348,853     349      97,330      $9,733,002     $193.12
16-Oct-14      59,024,880,009     422,523     423     117,884     $11,788,392     $233.90
28-Oct-14      71,489,598,585     511,750     512     142,778     $14,277,833     $283.29
08-Nov-14      86,586,583,575     619,820     620     172,930     $17,292,988     $343.11
20-Nov-14     104,871,710,060     750,712     751     209,449     $20,944,876     $415.57
02-Dec-14     127,018,241,359     909,246     909     253,680     $25,367,960     $503.33
13-Dec-14     153,841,618,762   1,101,258   1,101     307,251     $30,725,098     $609.62
25-Dec-14     186,329,486,300   1,333,819   1,334     372,135     $37,213,544     $738.36
05-Jan-15     225,678,056,071   1,615,491   1,615     450,722     $45,072,202     $894.29
17-Jan-15     273,336,153,086   1,956,646   1,957     545,904     $54,590,430   $1,083.14
29-Jan-15     331,058,561,407   2,369,846   2,370     661,187     $66,118,694   $1,311.88
09-Feb-15     400,970,635,767   2,870,303   2,870     800,815     $80,081,465   $1,588.92
21-Feb-15     485,646,557,708   3,476,447   3,476     969,929     $96,992,858   $1,924.46
05-Mar-15     588,204,117,648   4,210,593   4,211   1,174,756    $117,475,554   $2,330.86
16-Mar-15     712,419,512,763   5,099,775   5,100   1,422,837    $142,283,732   $2,823.09
28-Mar-15     862,866,387,600   6,176,732   6,177   1,723,308    $172,330,835   $3,419.26
08-Apr-15   1,045,084,236,901   7,481,119   7,481   2,087,232    $208,723,207   $4,141.33
20-Apr-15   1,265,782,371,309   9,060,961   9,061   2,528,008    $252,800,823   $5,015.89
02-May-15   1,533,086,956,002  10,974,431  10,974   3,061,866    $306,186,635   $6,075.13
13-May-15   1,856,840,218,301  13,291,983  13,292   3,708,463    $370,846,321   $7,358.06
25-May-15   2,248,962,841,151  16,098,949  16,099   4,491,607    $449,160,670   $8,911.92
06-Jun-15   2,723,892,885,897  19,498,682  19,499   5,440,132    $544,013,236  $10,793.91
17-Jun-15   3,299,117,405,623  23,616,363  23,616   6,588,965    $658,896,517  $13,073.34
29-Jun-15   3,995,816,323,188  28,603,604  28,604   7,980,405    $798,040,547  $15,834.14
10-Jul-15   4,839,642,281,734  34,644,038  34,644   9,665,686    $966,568,646  $19,177.95
22-Jul-15   5,861,665,181,962  41,960,074  41,960  11,706,861  $1,170,686,065  $23,227.90
03-Aug-15   7,099,516,184,307  50,821,092  50,821  14,179,085  $1,417,908,463  $28,133.10
14-Aug-15   8,598,773,298,472  61,553,356  61,553  17,173,386  $1,717,338,634  $34,074.18
26-Aug-15  10,414,639,578,109  74,552,032  74,552  20,800,017  $2,080,001,680  $41,269.87
07-Sep-15  12,613,975,712,232  90,295,733  90,296  25,192,510  $2,519,250,952  $49,985.14

In other words something has got to give by the end of the year, or actually before December 1

Ok I know this might sound nuts. But what if electricity costs were not a factor. Imagine Putin has a secret mission whereby he is giving away power to a secret team of miners...in secret

[empowering]

Ok I know this might sound nuts. But what if electricity costs were not a factor. Imagine Putin has a secret mission whereby he is giving away power to a secret team of miners...in secret

sounds like too much effort.... he is too lazy for that.... he just does not Putin the hours..  

Sorry, I shall get my coat.

TAXI!!





(edit: Joking aside the last thing Putin is, is lazy)

[hyphymikey]

Post count is up, wallets are up, volume is up, price is down...

FINAL CAPITULATION....soon?