grimholt
Member
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Activity: 104
Merit: 10
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July 29, 2013, 12:04:04 AM |
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BTC-TC is going mental right now, just hit 0.009.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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wiak2
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July 29, 2013, 12:05:24 AM |
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BTC-TC is going mental right now, just hit 0.009.
Still near .007 at bitfunder if you want some cheap!  |
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dexX7
Legendary
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Activity: 1106
Merit: 1024
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July 29, 2013, 12:11:27 AM |
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I mean in the next couple of weeks. Beyond that, there is some mining gear to get going You are right, I totally forgot about the Klondike boards and 20k Avalon chips.  |
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boyohi
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July 29, 2013, 12:27:23 AM |
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BTC-TC is going mental right now, just hit 0.009.
I got some shares for .005 a few days ago and I log on to see this madness. |
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blackswan
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Activity: 82
Merit: 10
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July 29, 2013, 12:35:14 AM |
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Is anyone else worried that this price rise is a bit unwarranted and due to a correction soon?
I mean, I'd understand if eASIC put out an official press release, but they haven't yet.
Considering selling off some of my shares and buying back in when there's a correction.
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dhenson
Legendary
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Activity: 994
Merit: 1000
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July 29, 2013, 12:38:35 AM |
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Is anyone else worried that this price rise is a bit unwarranted and due to a correction soon?
I mean, I'd understand if eASIC put out an official press release, but they haven't yet.
Considering selling off some of my shares and buying back in when there's a correction.
I don't have the stomach for that kind of speculation. Good luck however. |
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Bitcycle
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July 29, 2013, 12:43:25 AM |
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Buy on the rumor, sell on the news.
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vlaoou321
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July 29, 2013, 12:44:40 AM |
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Is anyone else worried that this price rise is a bit unwarranted and due to a correction soon?
I mean, I'd understand if eASIC put out an official press release, but they haven't yet.
Considering selling off some of my shares and buying back in when there's a correction.
I don't have the stomach for that kind of speculation. Good luck however. Quietly waiting for good news. I used to suffer too. So I hold no trading |
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somestranger
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July 29, 2013, 12:45:27 AM |
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Buy on the rumor, sell on the news.
In this case the news would actually propel the price even higher. Usually the "sell on the news" is because the news is underwhelming, but an eASIC press release would be the final nail in the scam FUD coffin. |
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blackswan
Member
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Activity: 82
Merit: 10
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July 29, 2013, 12:48:36 AM |
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Is anyone else worried that this price rise is a bit unwarranted and due to a correction soon?
I mean, I'd understand if eASIC put out an official press release, but they haven't yet.
Considering selling off some of my shares and buying back in when there's a correction.
I don't have the stomach for that kind of speculation. Good luck however. "That kind of speculation"? This is a thread speculating the share price ActiveMining, in either direction. I don't think it's wise to just blindly cheer at the price hikes. I've got a decent holding in ActiveMining, and like all shareholders, of course I'm happy when the share price increases. But as a realist, I'm just wondering if an increase in share price like this is reasonable. |
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limbaugh
Legendary
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Activity: 1311
Merit: 1000
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July 29, 2013, 12:52:14 AM |
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"That kind of speculation"? This is a thread speculating the share price ActiveMining, in either direction. I don't think it's wise to just blindly cheer at the price hikes.
I've got a decent holding in ActiveMining, and like all shareholders, of course I'm happy when the share price increases. But as a realist, I'm just wondering if an increase in share price like this is reasonable.
Seriously? This was just covered one page back. Do you require more guesses from speculators to form your opinion? |
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blackswan
Member
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Activity: 82
Merit: 10
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July 29, 2013, 01:03:49 AM |
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"That kind of speculation"? This is a thread speculating the share price ActiveMining, in either direction. I don't think it's wise to just blindly cheer at the price hikes.
I've got a decent holding in ActiveMining, and like all shareholders, of course I'm happy when the share price increases. But as a realist, I'm just wondering if an increase in share price like this is reasonable.
Seriously? This was just covered one page back. Do you require more guesses from speculators to form your opinion? I'm merely asking for the opinions of other shareholders about the continuing price rise. I thought that this is the type of thread for just that. No need to be hostel. |
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stslimited
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July 29, 2013, 01:33:09 AM |
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"That kind of speculation"? This is a thread speculating the share price ActiveMining, in either direction. I don't think it's wise to just blindly cheer at the price hikes.
I've got a decent holding in ActiveMining, and like all shareholders, of course I'm happy when the share price increases. But as a realist, I'm just wondering if an increase in share price like this is reasonable.
Seriously? This was just covered one page back. Do you require more guesses from speculators to form your opinion? I'm merely asking for the opinions of other shareholders about the continuing price rise. I thought that this is the type of thread for just that. No need to be hostel. There is no way to liquidate a meager several thousand usd position. There are several million tied up in these shares. So yeah this is going to fall fast and hard, going to be a volatile ride. |
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matuszed
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July 29, 2013, 02:03:33 AM |
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"That kind of speculation"? This is a thread speculating the share price ActiveMining, in either direction. I don't think it's wise to just blindly cheer at the price hikes.
I've got a decent holding in ActiveMining, and like all shareholders, of course I'm happy when the share price increases. But as a realist, I'm just wondering if an increase in share price like this is reasonable.
Seriously? This was just covered one page back. Do you require more guesses from speculators to form your opinion? I'm merely asking for the opinions of other shareholders about the continuing price rise. I thought that this is the type of thread for just that. No need to be hostel. There is no way to liquidate a meager several thousand usd position. There are several million tied up in these shares. So yeah this is going to fall fast and hard, going to be a volatile ride. This move is on low volume and its super thin. The book can barely handle a 10K sell order right now without the price moving back down 30%. |
"Markets can remain irrational longer than you can remain solvent." -Keynes
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Bitcycle
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July 29, 2013, 02:09:19 AM |
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On low volume compared to what? Not low compared to historical volume...
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damiano
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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July 29, 2013, 02:10:43 AM |
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Brace yourselves  |
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str4wm4n
Legendary
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Activity: 1611
Merit: 1001
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July 29, 2013, 02:12:42 AM |
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yay cheap asicminer shares!
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matuszed
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July 29, 2013, 02:15:08 AM |
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yay cheap asicminer shares!
+1 THE GREAT ROTATION |
"Markets can remain irrational longer than you can remain solvent." -Keynes
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somestranger
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July 29, 2013, 02:18:01 AM |
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The volume is only super thin on Bitfunder because people check BTC-TC and if the price soared there they cancel their ask orders and put them higher. Most of the buyers also seem to be buying at market instead of playing bid orders so that further confounds the upward movements. I definitely think there will be a correction on BTC-TC as there have been many previously due to the high volume and volatility there. By the time people try to arbitrage across exchanges or make orders based on BTC-TC price action, the ups and downs get smoothed out a good bit and creates a fairly linear upward trend on Bitfunder. On Bitfunder I would just hold, but on BTC-TC there is a lot of money to be made day trading. In this chart comparison since July 26th you can see how much more volatile BTC-TC is (it needs a parabolic trend line really) compared to Bitfunder which you can easily draw a trend line on. Of course the scales are slightly different but I think the difference is still apparent.  |
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matuszed
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July 29, 2013, 02:22:04 AM |
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The volume is only super thin on Bitfunder because people check BTC-TC and if the price soared there they cancel their ask orders and put them higher. Most of the buyers also seem to be buying at market instead of playing bid orders so that further confounds the upward movements. I definitely think there will be a correction on BTC-TC as there have been many previously due to the high volume and volatility there. By the time people try to arbitrage across exchanges or make orders based on BTC-TC price action, the ups and downs get smoothed out a good bit and creates a fairly linear upward trend on Bitfunder. On Bitfunder I would just hold, but on BTC-TC there is a lot of money to be made day trading. In this chart comparison since July 26th you can see how much more volatile BTC-TC is (it needs a parabolic trend line really) compared to Bitfunder which you can easily draw a trend line on. Of course the scales are slightly different but I think the difference is still apparent. The book depth is super thin on both. Look at what a 10K market sell would do on either exchange. |
"Markets can remain irrational longer than you can remain solvent." -Keynes
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