dropt
Legendary
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Activity: 1512
Merit: 1000
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August 29, 2014, 05:43:51 AM |
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buy wall is weaker now! time to dump 1.5k coins and go back to $4xx
Why are you scamming people again?
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laitela
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August 29, 2014, 07:18:48 AM |
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They just try to make price go down so they can buy at lower price.
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falllling
Member
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Activity: 112
Merit: 10
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August 29, 2014, 08:16:32 AM |
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They just try to make price go down so they can buy at lower price.
go ahead be my guest to buy, bitcoin is breaking into $4xx soon, why don't you buy "cheaper coins" now? because they are going to be much more cheaper
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richardramirez9
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Activity: 84
Merit: 10
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August 29, 2014, 11:28:37 AM |
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They just try to make price go down so they can buy at lower price.
go ahead be my guest to buy, bitcoin is breaking into $4xx soon, why don't you buy "cheaper coins" now? because they are going to be much more cheaper So you want to buy them cheaper because you know we will see ATH next year.
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falllling
Member
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Activity: 112
Merit: 10
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August 29, 2014, 11:34:21 AM |
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They just try to make price go down so they can buy at lower price.
go ahead be my guest to buy, bitcoin is breaking into $4xx soon, why don't you buy "cheaper coins" now? because they are going to be much more cheaper So you want to buy them cheaper because you know we will see ATH next year. there is no "cheap coins" if bitcoin keep dropping down everyday
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Bogleg
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August 29, 2014, 11:55:24 AM |
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They just try to make price go down so they can buy at lower price.
go ahead be my guest to buy, bitcoin is breaking into $4xx soon, why don't you buy "cheaper coins" now? because they are going to be much more cheaper So you want to buy them cheaper because you know we will see ATH next year. there is no "cheap coins" if bitcoin keep dropping down everyday The term "cheap" should be compare to production cost. The production cost for an average miner is higher than 600 per coin, and slightly lower for the ASIC manufacture. Unless bitcoin go away, the coin price has to go up at least above the production cost.
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falllling
Member
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Activity: 112
Merit: 10
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August 29, 2014, 01:00:01 PM |
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They just try to make price go down so they can buy at lower price.
go ahead be my guest to buy, bitcoin is breaking into $4xx soon, why don't you buy "cheaper coins" now? because they are going to be much more cheaper So you want to buy them cheaper because you know we will see ATH next year. there is no "cheap coins" if bitcoin keep dropping down everyday The term "cheap" should be compare to production cost. The production cost for an average miner is higher than 600 per coin, and slightly lower for the ASIC manufacture. Unless bitcoin go away, the coin price has to go up at least above the production cost. the production cost doesn't decide bitcoin's price, supply and demand back up it's price so if less buyer than seller, bitcoin drops lower than the production cost until miners decide to cut loose and stop mining (the end)
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EricTyle
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August 29, 2014, 01:06:51 PM |
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the production cost doesn't decide bitcoin's price, supply and demand back up it's price so if less buyer than seller, bitcoin drops lower than the production cost until miners decide to cut loose and stop mining (the end)
Is production cost really an issue? It hasn't been an issue since GPU-mining. With ASIC mining, it's not that it's inefficient at mining bitcoins. It's that the initial cost is huge, and the difficulty causes the profitability to decline -- unless you buy more ASICs to stay ahead/with the game. But then you're down some more money again... Vicious cycle; though I do personally know of two people who actively mine. One claims 20,000$ yearly profit, but you won't get near this if you start today without a lump sum to start with.
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bit tired
Member
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Activity: 76
Merit: 10
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August 29, 2014, 02:47:42 PM |
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the production cost doesn't decide bitcoin's price, supply and demand back up it's price so if less buyer than seller, bitcoin drops lower than the production cost until miners decide to cut loose and stop mining (the end)
Is production cost really an issue? It hasn't been an issue since GPU-mining. With ASIC mining, it's not that it's inefficient at mining bitcoins. It's that the initial cost is huge, and the difficulty causes the profitability to decline -- unless you buy more ASICs to stay ahead/with the game. But then you're down some more money again... Vicious cycle; though I do personally know of two people who actively mine. One claims 20,000$ yearly profit, but you won't get near this if you start today without a lump sum to start with. How much money would you need to buy enough equipment to pay out 20,000$ yearly profit?
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trader001
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August 29, 2014, 02:50:58 PM |
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the production cost doesn't decide bitcoin's price, supply and demand back up it's price so if less buyer than seller, bitcoin drops lower than the production cost until miners decide to cut loose and stop mining (the end)
Is production cost really an issue? It hasn't been an issue since GPU-mining. With ASIC mining, it's not that it's inefficient at mining bitcoins. It's that the initial cost is huge, and the difficulty causes the profitability to decline -- unless you buy more ASICs to stay ahead/with the game. But then you're down some more money again... Vicious cycle; though I do personally know of two people who actively mine. One claims 20,000$ yearly profit, but you won't get near this if you start today without a lump sum to start with. How much money would you need to buy enough equipment to pay out 20,000$ yearly profit? No amount of money can generate you 20k profit as even the most efficient antminer S3 gives negative yield.
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maker88
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August 29, 2014, 05:35:59 PM |
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So are you saying they're cooking the books? Or they just live in a different dimension than you? If its impossible, why is it happening?
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Zawamiya
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August 30, 2014, 07:11:23 AM |
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Fallling is right, I should have listened to him and sell when high
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falllling
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Activity: 112
Merit: 10
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August 30, 2014, 10:44:58 AM |
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Fallling is right, I should have listened to him and sell when high sorry for your loss damnedest bulls scammers!
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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August 30, 2014, 12:37:08 PM |
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Fallling is right, I should have listened to him and sell when high Sell when high hahahahaha..... Buy low, sell high is the most useless advice since you never know when it's low or high. In 3 months you will probably be bashing your head in why you didn't buy $500 coins when the price goes to $1k. If that happens remember this "Buy when low" ....
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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