BTC Beginning of the End !

[proudhon]

Mining factor fell to 22 cens per 1Gh at 24h, and the Bitcoin price continues to fall.
For next 7 days we will have the new mining factor -30% in the best case 15 cents per 1Gh at 24h.
(if BTC price stay at 900 USD)

View Screen Capture

Producers ASIC technology will massively to leave the Bitcoin mining,
when mining factor reach red line of 5 cents per Gh at 24h, and there is the beginning of the end.

Wow!  This is certainly frightening confirmed bad news.  Thank you for letting us all know.  To help consolidate all the bad news into one place so that people can easily see just how bad things are, please post your news here.

Posting your bad news there will give it the most visibility and will help the greatest number of people know how bad the market is so that they can intelligently choose to SODL all their bitcoins and SHOTR bitcoins if they don't have any.  Thank you for your service to the community.  Please continue to post more confirmed bad news as you discover it.

This is the reality

Absolutely.  Thank you for the confirmed analysis.  Please post it in my bad news thread, as it will get the most exposure and help the most people there.

[igorr]

Absolutely.  Thank you for the confirmed analysis.  Please post it in my bad news thread, as it will get the most exposure and help the most people there.

Not problem,
Just share bro

[proudhon]

Absolutely.  Thank you for the confirmed analysis.  Please post it in my bad news thread, as it will get the most exposure and help the most people there.

Just share bro

Here, I'll do it for you.  Your analysis carries some significant weight because your signature contains Russian language characters.  Thank you again.

[igorr]

I know for it, but for me Russia is everything. Russia = True,

If you want, you can also add my thread and my analysis from,
https://bitcointalk.org/index.php?topic=400001.0

[dissident]

Litecoin has no new technology to make it superior to other, upcoming coins.... so basically you think bitcoin will crash but have invested in litecoin and are pumping it. Educated guess based on available information. I'd say it's more likely that if bitcoin crashes, the other coins will crash as hard, and the market cap of the whole crypto currency space will decline, a good thing that will allow new fresh investors into the scene and wipe out the net worth of all the early adopters who hopefully sell and give some of their coin to the fresh investor base.   Right now for claiming to be 'decentralized' crypto currencies are really no different than fiat currencies, profit driven with a large portion of the currency being held in very few hand.. the top 1% determined to keep their riches.

[Eusebio]

so this is it? we all gonna meet our destiny?

[KARHU]

so this is it? we all gonna meet our destiny?

YES! TODAY YOU MEET KARHU!

[igorr]

Litecoin has no new technology to make it superior to other, upcoming coins.... so basically you think bitcoin will crash but have invested in litecoin and are pumping it. Educated guess based on available information. I'd say it's more likely that if bitcoin crashes, the other coins will crash as hard, and the market cap of the whole crypto currency space will decline, a good thing that will allow new fresh investors into the scene and wipe out the net worth of all the early adopters who hopefully sell and give some of their coin to the fresh investor base.   Right now for claiming to be 'decentralized' crypto currencies are really no different than fiat currencies, profit driven with a large portion of the currency being held in very few hand.. the top 1% determined to keep their riches.

Check this thread, all is clear

https://bitcointalk.org/index.php?topic=419207.msg4565079#msg4565079

[e521]

Litecoin has no new technology to make it superior to other, upcoming coins.... so basically you think bitcoin will crash but have invested in litecoin and are pumping it. Educated guess based on available information. I'd say it's more likely that if bitcoin crashes, the other coins will crash as hard, and the market cap of the whole crypto currency space will decline, a good thing that will allow new fresh investors into the scene and wipe out the net worth of all the early adopters who hopefully sell and give some of their coin to the fresh investor base.   Right now for claiming to be 'decentralized' crypto currencies are really no different than fiat currencies, profit driven with a large portion of the currency being held in very few hand.. the top 1% determined to keep their riches.

Check this thread, all is clear

https://bitcointalk.org/index.php?topic=419207.msg4565079#msg4565079

Another useless post, I am glad you are here to keep me laugh on friday night
Now, stop posting bullshit and do something good for the humanity: don't use google translate

[seriouscoin]

my ignore list keeps growing.... this recent price rise has attracted all the dumbest ppl in the world to this forum

Soon, i will only be able to communicate with handful of ppl on here. Where are all the old guys? i bet the noobs here scared them all away. If it keeps going like this, i probably wont be on here anymore.

 

[NanoAkron]

igorr this is not the reality at all, in the past people mined at tiny margin / loss and they have been well paid on the next bubble. This is not the beginning nor the end of anything

Ok, then I'll sell this card for only $ 10 usd, when difficulty comes at 1000 bilion.

http://www.butterflylabs.com/monarch/

Do you want to buy it ?
Does the manufacturer wants to produce a new card 600 Gh/s for the selling price of 10 USD ?

No, you fool. They'll be selling their 6 Ph/s card at that stage. It's the way markets work - supply and demand.

[skorch31]

Can anyone put the OP in layman's terms? 

[JimboToronto]

Can anyone put the OP in layman's terms? 

Original post or original poster?

Original post: confusion and lack of understanding of the mining algorithm.

Original poster: thoroughly Proudhoned.

[piramida]

my ignore list keeps growing.... this recent price rise has attracted all the dumbest ppl in the world to this forum
 

Admins also removed the cages from the newbie forum, so trolls with zero posts rush straight in here to spam, while before they had to get an anti-rabies vaccine first. I agree, many topics consist entirely of ignored posts now, sad. Lack of general intelligence on a btc-e trollbox level also shows. That is a downside of widespread acceptance I am afraid. Most people are idiots.

[igorr]

igorr this is not the reality at all, in the past people mined at tiny margin / loss and they have been well paid on the next bubble. This is not the beginning nor the end of anything

Ok, then I'll sell this card for only $ 10 usd, when difficulty comes at 1000 bilion.

http://www.butterflylabs.com/monarch/

Do you want to buy it ?
Does the manufacturer wants to produce a new card 600 Gh/s for the selling price of 10 USD ?

No, you fool. They'll be selling their 6 Ph/s card at that stage. It's the way markets work - supply and demand.

Not possible, for 6 Ph/s card should wait about 20 years, or chip technology of 0.001 nm
and difficulty of 1000 bilion we will have for next 9 month

View Screen Capture

[Wilhelm]

How come all FUD-spreaders are still hodling .... SELL SELL SELL

[T.Stuart]

How come all FUD-spreaders are still hodling .... SELL SELL SELL

They haven't got any Bitcoins! They are full-fiat! 

[igorr]

How come all FUD-spreaders are still hodling .... SELL SELL SELL

They haven't got any Bitcoins! They are full-fiat! 

full-fiat is the power.

[Buffer Overflow]

How come all FUD-spreaders are still hodling .... SELL SELL SELL

They haven't got any Bitcoins! They are full-fiat!  

full-fiat is the power.

Except in Cyprus where the government steal it from you.

[T.Stuart]

How come all FUD-spreaders are still hodling .... SELL SELL SELL

They haven't got any Bitcoins! They are full-fiat! 

full-fiat is the power.

The window of opportunity will start closing soon.

- The US, UK and other massive economies are scrambling to make a comfortable and official place for Bitcoin in their respective countries.

- Bitcoin is a super-streamlined 21st century currency that works with digital networks in a far superior way than current banking and credit card systems. Unless we are going to pack up the Internet and regress then it is going to keep spreading very quickly.

- Bitcoin is fixed. The supply cannot be increased.

Put these three things together.

Bitcoin is going to massively outperform fiat over the next several years at least.